Word: tejwani
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Dates: during 2000-2009
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Effects of the slowdown have led to less extravagance and a more severe emphasis on economy. "Earlier, the sky was the limit, but now people are holding smaller events with fewer guests," says Sneha Tejwani, who runs the event-planning firm Occasionz Unlimited in Mumbai. "No Bollywood stars performing at over-the-top bashes this time. Business is down to a third of what it was." Even flower suppliers in Bangalore, India's floriculture center, are reportedly withering due to decreased demand for flowers for decorating weddings and other events...
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