Word: indianizing
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...India, he signaled that the country was back on the radar of the telecom giants. In the 1990s, American and European companies--including Vodafone--rushed in. They soon rediscovered an old problem: India's government was less business friendly than advertised. Vodafone sold off a stake in an Indian regional mobile-phone operator in 2003; many other foreign companies left...
...stake in Bharti Tele-Ventures, a mobile-phone operator with nearly 15 million subscribers, is an indication that India is too important a market to ignore. Thanks to a booming economy, India has 65 million mobile-phone users; the number grows more than 2 million each month. The Indian mobile-phone-services market is worth about $5 billion. And this time the welcome mat won't get yanked: earlier this year, the government permitted foreigners to own a majority stake in Indian telecoms. Prashant Singhal, a telecom expert at Ernst & Young India, expects more big deals in the next couple...
...Exchange this summer. The June 27 IPO, which valued PartyPoker at $10 billion, was Britain's biggest this year. Bhargava shared the pot with two other reclusive co-owners: a Net pornographer named Ruth Parasol, who switched from carnality to cards in the late 1990s, and Anurag Dikshit, an Indian software whiz whom Bhargava met when both were students at the Indian Institute of Technology in Delhi. They are not three of a kind, but they did cash out about one-fifth of the company. "Poker became a monster," says Bhargava, who sold stock worth $210 million and still retains...
That juicy meal is being shared by PartyGaming and a fast-growing number of competitors. They have names such as 888.com Betandwin.com and Empire Online, and are mainly based in exotic, low-tax jurisdictions such as Gibraltar, Malta or Canada's Kahnawakee Mohawk Indian reservation. Says Richard Segal, an experienced British casino executive who joined PartyGaming as CEO last year and sold more than $15 million worth of stock in the June IPO: "It's like bees around the honeypot...
...documents surrounding Robeson’s Othello. Pusey Library. Free. (LEB)Silver and Shawls. Through Jan. 29, 2006. This exhibit highlights shawls and silver tableware produced in India during the late colonial period, focusing on the evolution of the former toward European styles and the latter toward more traditional Indian designs. Accompanied by a series of lectures and gallery talks by curators throughout the semester. Arthur M. Sackler Museum. Free. (KAK)Stratification: An Installation of Works Since 1960. Through Feb. 26, 2006. Curatorial intern M. Celka Straughn organized this exhibit of German and Swiss painters and sculptors highlighting seven...