Month: September 2012

India rated 5th best in world for growing businesses in Grant Thornton survey

India rated 5th best in world for growing businesses in Grant Thornton survey

Posted by | Sep 29, 2012 |

By Anuradha Himatsingka – Economic Times Kolkata, Sept 29, 2012 –  The Grant Thornton Global Dynamism Index indicates that India is the fifth best country in the world for dynamic growing businesses. Argentina, China., Uruguay and Chile were ranked first to fourth, respectively. India ranks ahead of Indonesia, Nigeria, Turkey, Singapore, Colombia, Russia. “The ratings go well beyond basic gross domestic product (GDP data,” said Vishesh Chandiok, national managing partner, Grant Thornton India LLP. “Five areas were identified as holding the key drivers to an economy’s dynamism – business operating environment, science and technology, labor and human capital, economics...

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Foreigners Seen Buying More Indian Stocks

Foreigners Seen Buying More Indian Stocks

Posted by | Sep 29, 2012 |

$13.4 Billion-Worth Bought So Far This Year By Rajhkumar K Shaaw and Santanu Chakraborty – Bloomberg News Offshore investors will buy more Indian equities after the nation opened its retail and aviation industries to foreigners, accelerating the highest fund inflows in Asia this year, Bajaj Allianz Life Insurance Co. said. Prime Minister Manmohan Singh approved on Sept. 14 plans to allow overseas retailers such as Wal-Mart Stores Inc. (WMT) to own 51 percent of supermarket chains, and lifted a restriction on airlines selling stakes to foreign carriers. The benchmark BSE India Sensitive Index (SENSEX), or Sensex, rose 0.4 percent...

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Book Review: Moving Data: The iPhone and the Future of Media

Book Review: Moving Data: The iPhone and the Future of Media

Posted by | Sep 28, 2012 |

Editors:  Pelle Snickars and Patrick Vonderau Publisher: Columbia University Press Book Review by: Venkat Subramaniam One of the people whose comments are on the back cover of this book describes the iPhone as no less than “the first landmark twenty-first century invention.” That person is Thomas Elsaesser, author of the book The Persistence of Hollywood. The iPhone is no doubt ubiquitous these days, and as I write this today, the latest version of the product – iPhone 5s – just sold more than five million units this past weekend, reaching a milestone in technological and business history. This invention...

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Viral Video Touting ‘ Free Obama Phone’

Viral Video Touting ‘ Free Obama Phone’

Posted by | Sep 28, 2012 | , , ,

By Joshua Rhett Miller – Fox News A viral video of an Obama supporter touting her “Obama phone” has put the spotlight on an obscure federal program that provides discounted phone service to qualifying low-income Americans. “Keep Obama as president,” the animated woman says on the video. “He gave us a phone.” The video is drawing attention to the government program — Lifeline — as a national debate unfolds on entitlements and the growing percentage of Americans who pay no income taxes and get a long menu of government benefits. But even though some beneficiaries may credit President Obama...

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Alligator weighing almost 700 lbs. caught in Mississippi

Alligator weighing almost 700 lbs. caught in Mississippi

Posted by | Sep 28, 2012 | ,

By: Pete Thomas – GrindTV.com After the massive alligator had been hooked, hunter Tom Grant said, “It was an hour and a half of pure tug-of-war and chaos before we finally had him restrained.” That four-man effort, on Friday at a private hunting ranch in Mississippi, resulted in the capture of a gator weighing 697.5 pounds, the heaviest-ever in the state and among the heaviest ever harvested. The lower Mississippi River Delta region consists largely of hunting clubs, timber land, plantations and wildlife management areas. Grant said his group set their hooks into the prehistoric-looking beast during the legal hunting...

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