Tag Archives: Mumbai

Vice President Biden Discusses the U.S. Economy While in India

By Jeff Prescott

Vice President Joe Biden delivers remarks on the U.S.-India partnership, at the Bombay Stock Exchange, in Mumbai, India

Vice President Joe Biden delivers remarks on the U.S.-India partnership, at the Bombay Stock Exchange, in Mumbai, India, July 24, 2013.

(Official White House Photo by David Lienemann)

This morning, in advance of President Obama's major economic address, Vice President Biden delivered remarks in Mumbai, India where he discussed how America’s partnership with India could improve the economies of both nations.

The speech, at the Bombay Stock Exchange, was part of the administration’s effort to focus attention on the progress our economy has made in the past several years, and the work we must do going forward to build on that progress.

The Vice President began by speaking to the enduring strengths of the U.S. economy. “We are in the midst of the biggest increase in domestic manufacturing in nearly 20 years. The foundations of our economy are stronger than ever. The best research universities in the world and the most vibrant startups. The world’s most innovative companies. A hundred-year reserve of natural gas.”

He noted that America’s interests at home were similar to India’s.

“Today…President Obama is going to be giving a major speech outlining the top priority for the Obama-Biden administration,” he explained. “And it’s straightforward and simple: how do we continue to shore up America’s future and the foundations of middle class life in America with good-paying jobs, affordable health care, housing, education, and the dignity of retirement?”

Similarly, he pointed out, “India’s top priority is to lift hundreds of millions of people out of poverty to join the middle class.”

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Source: FULL ARTICLE at The White House

Remarks by Vice President Joe Biden on the U.S.-India Partnership at the Bombay Stock Exchange

By The White House

The Bombay Stock Exchange
Mumbai, India

1:40 P.M. IST

THE VICE PRESIDENT: Thank you very much, Kaku. I appreciate it.

Thank you all for giving me this opportunity. It’s an honor to be back in India and to be here in Mumbai. Off script for a second here, I was reminded — I was elected to the United States Senate when I was a 29-year-old kid back in 1972, and one of the first letters I received and I regret I never followed up on it. Maybe some genealogist in audience can follow up for me, but I received a letter from a gentleman named Biden — Biden, my name — from Mumbai, asserting that we were related. (Laughter.) Seriously. Suggesting that our mutual, great, great, great, something or other worked for the East India Trading Company back in the 1700s and came to Mumbai.

And so I was thinking about it, if that's true, I might run here in India for office. (Laughter.) I might be qualified. But I’ve never followed up on it. But now that I’m back for the multiple times, I’m going to follow up to find out whether there is a Biden and whether we’re related. I hope he’s in good standing if we are. (Laughter.)

I want to thank you for the kind welcome, Kaku, and the nice introduction. I’m delighted to be in Mumbai, a city full of history and dreams and incredible energy. I bring with me the admiration of the American people and the good wishes of President Obama.

We admire the way you’ve melded ethnicities, faiths and tongues into a single, proud nation; the way entrepreneurship seems almost hard-wired into Indian society, from rickshaw wallas to web programmers; and maybe most of all, we admire your democracy and the message that your democracy sends to people everywhere in the world. And that message is: No nation need choose between development and freedom. They are not inconsistent.

America is a land of immigrants, as we tell ourselves all the time and are reminded in every generation. And America has been strengthened by the diverse cultures of India woven into the fabric of most of our communities, including those of you who are Americans my own the small community in the state of Delaware that I represented in the United States Senate.

Any weekend in Delaware — we have a very significant and tight Indian-American community — any weekend in Delaware, you can find the Delaware United Cricket Club competing. And now I have bragging rights. I will be able to go back and tell my friends who belong to that club that I visited the home of the best cricket team in the world. It will give me some reason to — (applause). You won the International Cricket Council Championship.

And as an Irish American, it pleased my heart to see you …read more

Source: FULL ARTICLE at The White House Press Office

How Will India's Largest Jewelry Company Respond To Latest Setback?

By Anthony DeMarco, Contributor Gitanjali Group, which bills itself as the “world’s largest integrated conglomerate of diamonds, jewelry and lifestyle brands,” has quickly fallen on hard times. In less than a month, the Mumbai, India-based company, which trades under the name Gitanjali Gems, has seen its share price plunge by 80 percent. On Friday alone, its shares dropped nearly 5 percent after news that the company’s top official is under investigation with Indian regulators. …read more

Source: FULL ARTICLE at Forbes Latest

Bollywood films keep up gangster fascination

A string of Bollywood releases this year show the Indian film industry’s ongoing fascination with Mumbai’s underworld, following a murky history of links between the mafia and the movie business.

Spy thriller “D-Day”, which opened in Indian cinemas on Friday, is one of three new Hindi films that appear to draw inspiration from the lives of Mumbai’s notorious gangsters.

Directed by Nikhil Advani, “D-Day” tells the story of Indian intelligence agents trying to capture “India’s most wanted man” from Pakistan, known in the film as “Iqbal” or “Goldman.

The character, played by veteran star Rishi Kapoor, bears a striking resemblance to former Mumbai mafia don Dawood Ibrahim, one of India’s real-life most-wanted men.

Like the film’s antihero, Ibrahim is known for donning a thick moustache and sunglasses, is thought to be in Pakistan and is the alleged mastermind behind the 1993 bomb blasts in Mumbai, which killed 257 people.

“We have used real life events as triggers to create a public enemy and tell a story with fictionalised situations, without going into the main character’s back story,” the director told AFP.

When asked about the likenesses to Ibrahim, he said “a hint is enough for the intelligent”.

Any real-life basis to gangster films is rarely openly stated by filmmakers to avoid any legal or personal backlash.

The upcoming thriller “Once Upon a Time in Mumbaai Dobara (Again)” looks at a love triangle involving a gangster called Shoaib Khan, who is also widely thought to be inspired by Ibrahim.

“The characters are based on research and references. But unlike real world dons, our cinematic dons sing on rooftops and are flamboyant. Ours is a work of fiction,” said the film’s director Milan Luthria.

Its 2010 prequel “Once Upon a Time in Mumbaai” told the story of Sultan, rumoured to be based on late gangster Haji Mastan, but the filmmakers released a statement denying this after Mastan’s family took the matter to court.

It is a scenario Sanjay Gupta was keen to avoid in his film “Shootout at Wadala”, released in May, about the rise of a gangster called Manya Surve who was killed in 1982 by the Mumbai police.

While Surve’s name stays the same in the film, those of several other principal characters were changed just before the release.

Gupta said there were grey areas in the law and that it was difficult to know exactly who would be angered by any perceived likenesses.

“My wife was most relieved when we decided to change the names,” he said.

“Shootout at Wadala” is based on a chapter from the book “Dongri to Dubai: Six Decades of the Mumbai Mafia” by crime reporter S. Hussain Zaidi, who has written about the underworld’s links to the Hindi-language movie business.

The connections ran deep in the 1980s and 1990s, when the film industry depended on the underworld for funding. Extortion, kidnapping, threats and shootings were signs of how the two worlds appeared to collide.

Before he fled India in the early 1990s, Ibrahim himself was photographed alongside various Bollywood stars at social events, underlining the once-extensive connection between the worlds of …read more

Source: FULL ARTICLE at Fox World News

Christie's Passage To India

By Naazneen Karmali, Forbes Staff

After securing a license to operate in China where it will be holding an auction for the first time this fall, international auction house Christie’s is plunging into another potentially big market: India. The auction house announced Tuesday that it will hold its first sale in Mumbai this December. …read more

Source: FULL ARTICLE at Forbes Latest

Beloved Bollywood villain Pran cremated

Veteran Indian actor Pran, who played villains and character roles in more than 400 movies, was cremated on Saturday in the western city of Mumbai following his death at the age of 93.

Pran Sikand, dubbed the “godfather of Indian villains” and best known by his first name, was one of Bollywood’s most beloved actors for nearly six decades.

Pran, who died late Friday after a bout of ill health, ruled the industry with his baritone voice and his ability to bring charm to his villainy.

In a condolence message, Prime Minister Manmohan Singh said: “Pran entertained several generations of Indians with his riveting performances in hundreds of celluloid roles.

“He worked with doyens of film industry among which he was an icon.”

Family, fans, friends and Bollywood celebrities attended his funeral in Mumbai.

Pran’s roles had an enormous impact on Indian audiences and parents stopped naming their children ‘Pran’ (life) at the height of his fame because of his role as a “Bollywood baddie”.

Born into a wealthy family in New Delhi, Pran grew up in Lahore where he pursued a course in photography before landing his first film role.

After British rule over the subcontinent ended with its split into mainly Hindu India and the Islamic Republic of Pakistan, Pran moved to the entertainment capital of Mumbai and worked his way into more film roles.

Pran appeared in over 400 films and played the villain opposite all the top cinema heroes of his era — from Dilip Kumar, Dev Anand and Raj Kapoor to Rajesh Khanna and Amitabh Bachchan.

“Truly the end of a magnificent and glorious era. He was a gentleman superstar,” tweeted leading Bollywood director Karan Johar.

In his private life, Pran was renowned as a gentleman — far removed from the dark characters he played on screen.

The actor is survived by his wife Shukla, daughter Pinky, sons Arvind and Sunil as well as grandchildren.

…read more

Source: FULL ARTICLE at Fox World News

Indian court gives Dutt 4 more weeks before prison

India’s Supreme Court has given popular Bollywood actor Sanjay Dutt more time to finish films before he goes to prison for a 1993 weapons conviction linked to a deadly terror attack.

Dutt had appealed to the court that he needed six months to complete his pending film commitments. He was supposed to surrender Thursday, and the court Wednesday ordered the deadline extended by four weeks.

Last month the top court sentenced Dutt to five years in prison for illegal possession of weapons supplied by Muslim mafia bosses linked to the terror attack that killed 257 people in Mumbai.

The actor has maintained that he knew nothing about the bombing plot and that he asked for the guns to protect his family during sectarian riots in Mumbai.

From: http://feeds.foxnews.com/~r/foxnews/world/~3/GEvBep9nmHA/

India actor Dutt wants time before prison term

Popular Bollywood actor Sanjay Dutt has appealed to India‘s Supreme Court to give him some more time before he begins a prison sentence for a 1993 weapons conviction linked to a deadly terror attack.

Dutt filed his appeal Monday, saying he needed time to complete his film commitments.

Last month the court sentenced Dutt to five years in prison for illegal possession of weapons supplied by Muslim mafia bosses linked to the terror attack that killed 257 people in Mumbai.

The actor has maintained that he knew nothing about the bombing plot and that he asked for the guns to protect his family during sectarian riots in Mumbai.

The court will hear his appeal on Tuesday. It was not immediately clear how much time Dutt is seeking from the court.

From: http://feeds.foxnews.com/~r/foxnews/world/~3/vMoSS99ZyKc/

A list of papal advisers on Curia reform

Pope Francis on Saturday named eight cardinals to a panel that will help advise him running the church and reforming the Vatican bureaucracy, or Curia. Seven non-Vatican officials were drawn from Africa, Asia, Australia, Europe, North and South America to give it geographical breadth.

VATICAN OFFICIAL

Cardinal Giuseppe Bertello, president of the Vatican city state administration that runs the actual functioning of the Vatican, including its profit-making museums. There has been much speculation that Bertello might take on a greater role in Francis’ administration; he has been mentioned as a possible secretary of state.

NON-VATICAN OFFICIALS

Cardinal Francisco Javier Errazuriz Ossa, the retired archbishop of Santiago, Chile. Like the former Cardinal Jorge Mario Bergoglio, Errazuriz was a papal contender in the 2005 conclave, since he was then the president of the powerful Latin American Conference of Bishops. This time around, at age 79, he was dogged by allegations that he mishandled the case of a notorious sexually abusive priest.

Cardinal Oswald Gracias, archbishop of Mumbai, India.

Cardinal Reinhard Marx, archbishop of Munich and Freising, Germany. Marx has been at the forefront in Germany of trying to turn the tide on clerical sex abuse; his archdiocese is part of a joint effort to create a center to teach priests and church personnel around the world the best practices to protect children and prevent them being abused.

Cardinal Laurent Monsengwo Pasinya, archbishop of Kinshasa, Congo.

Cardinal Sean Patrick O’Malley, archbishop of Boston. O’Malley was considered a contender for the papacy in the last conclave, a Franciscan Capuchin monk so very much in the same spirituality as Francis. He was a leading voice of reform during the pre-conclave meetings. The 68-year-old O’Malley has spent his career as a bishop cleaning up dioceses shattered by child sex abuse.

Cardinal George Pell, archbishop of Sydney, Australia. Pell has also been a major proponent for reform, telling The Associated Press before the conclave: “It would be useful to have a pope who can pull the show together, lift the morale of the Curia, and strengthen a bit of the discipline there and effectively draw on all the energies and goodness of the great majority of the people in the Curia,” Pell said.

Cardinal Oscar Andrés Rodríguez

From: http://feeds.foxnews.com/~r/foxnews/world/~3/0QCWm6nLhB4/

After rape, Indian girl waits 17 years for justice

The Suryanelli girl goes to the office in the morning with her long, wavy hair neatly combed, tiny gold earrings glinting, packed lunch in hand, like a normal working woman in India.

But once she leaves her front gate, she holds her body tight, with shoulders hunched and arms wrapped around her, and looks down. If she makes eye contact, a stranger at the bus stop might recognize her and point her out as the former 16-year-old who was raped by more than 40 men over more than 40 days. Worse still, if she dares to raise her face, she may spot the men themselves.

For all but one of her attackers walked free, while it is the Suryanelli girl who might as well be in prison. For 17 years now, her life has been put on hold, frozen at the night of Jan. 16, 1996. There has been no justice, no closure that would allow her to move on and salvage the pieces of who she used to be.

It would have been easier if she had quietly disappeared, as do most of the tens of thousands of survivors of rape in India every year. Instead, her fight for an elusive justice has marked her, she says sadly, as a “shameless woman.” And her punishment is to be victimized, again and again, by the police, the courts, the local officials and the society in which she lives.

Since Indian law does not permit the naming of rape victims or their families during trial, her moniker comes from the beautiful hillside village in the southern state of Kerala that was once her home. Yet it has been eight years since she lived in Suryanelli. Her family was hounded out because taxis and buses full of tourists were stopping outside their house.

As she talks about the rapes, she anxiously twirls the edge of her traditional powder blue dupatta scarf. Her smile is childlike and eager to please, her soft, whispery voice still that of a shy 16-year-old.

“I did nothing wrong, but I’m the only one still suffering,” she says. “My side of the story was not heard by anyone.”

___

All across India — in Suryanelli, in New Delhi, in Mumbai and Kolkata — there are nameless, faceless girls who have been raped.

From: http://feeds.foxnews.com/~r/foxnews/world/~3/cG8238ikDug/

WWE® To Report 2013 First Quarter Results

By Business Wirevia The Motley Fool

Filed under:

WWE ® To Report 2013 First Quarter Results

STAMFORD, Conn.–(BUSINESS WIRE)– WWE (NYS: WWE) announced that it will report its 2013 first quarter results on Thursday May 2, 2013, before the opening of the market. The Company’s Chairman and CEO, Vincent K. McMahon, and senior management will host a conference call beginning at 11:00 a.m. ET to discuss the results.

All interested parties are welcome to listen to a live web cast that will be hosted through the Company’s web site at corporate.wwe.com. Participants can access the conference call by dialing 855-993-1400 (toll free) or 630-691-2763 from outside the U.S. (conference ID for both lines: WWE). Please reserve a line 15 minutes prior to the start time of the conference call.

The earnings release and presentation to be referenced during the call will be available at corporate.wwe.com. A replay of the call will be available approximately two hours after the conference call concludes, and can be accessed on the Company’s web site.

About WWE

WWE, a publicly traded company (NYS: WWE) , is an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWE programming is broadcast in more than 145 countries and 30 languages and reaches more than 600 million homes worldwide. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Miami, Mumbai, Shanghai, Singapore, Istanbul and Tokyo.

Additional information on WWE (NYS: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.

Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries. All other trademarks, logos and copyrights are the property of their respective owners.

Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to maintaining and renewing key agreements, including television and pay-per-view programming distribution agreements; the need for continually developing creative and entertaining programming; the continued importance of

From: http://www.dailyfinance.com/2013/04/11/wwe-to-report-2013-first-quarter-results/

Indian police arrest 9 in Mumbai building collapse

Police say they’ve arrested nine people, including builders, police officers and municipality officials, for colluding to illegally construct a residential building in India‘s financial capital that collapsed, killing 74 people.

Police commissioner K.P. Raghuvanshi says two builders were arrested for allegedly paying bribes to police and municipality officials to construct the eight-story building in the Mumbai suburb of Thane without any official sanction.

The building came crashing down on Thursday in the country’s worst house collapse in recent decades.

Raghuvanshi said Sunday that police will formally charge the nine with culpable homicide and causing death by negligence at the end of an investigation into the accident.

If convicted, they can be sentenced to up to life in prison.

…read more

Source: FULL ARTICLE at Fox World News

72 die in India building collapse; rescue bid ends

Rescue workers on Saturday finished a two-day search for survivors in the collapse of a residential building being constructed illegally in India‘s financial capital. At least 72 people were killed in the accident, the worst house collapse in the country in recent decades.

Another 70 people were injured when the eight-story building on forest land in the Mumbai suburb of Thane caved in into a mound of steel and concrete Thursday evening, police said. The dead included 17 children.

Thirty-six of the injured were still in city hospitals and the rest were discharged after medical treatment, said Sandeep Malvi, a spokesman for the local municipality.

Rescue workers with sledgehammers, chainsaws and hydraulic jacks worked through Friday night to break through the tower of rubble in their search for survivors, police officer Dahi Phale said. Six bulldozers were brought to the scene.

Twenty bodies were recovered overnight and the rescue work ended at noon Saturday after 42 hours, Malvi said.

Prithviraj Chavan, the top elected official of Maharashtra state, said that a government probe had been ordered into the accident, and that a deputy municipal commissioner and a senior police officer had been suspended for dereliction of duty.

At the time of the collapse, between 100 and 150 people were in the building. Many were residents or construction workers who were living at the site as they worked on it, Malvi said.

A nearby hospital was filled with the injured, many of whom had head wounds, fractures and spinal injuries. Hospital officials searched in vain for the parents of an injured 10-month-old girl who was rescued after 12 hours.

Local police commissioner K.P. Raghuvanshi said rescue workers saved 15 people from the wreckage, including a woman who was rescued 36 hours after the accident.

At least four floors of the building had been completed and were occupied. Workers had finished three more floors and were adding the eighth when it collapsed, police Inspector Digamber Jangale said.

It was not immediately clear what caused the structure to collapse, but Raghuvanshi said it was weakly built. Police were searching for the builders to arrest them, he said.

Police with rescue …read more

Source: FULL ARTICLE at Fox World News

45 dead, 50 injured in India building collapse

A residential building being constructed illegally on forest land in a suburb of India‘s financial capital collapsed into a mound of steel and concrete, killing at least 45 people and injuring more than 50 others, authorities said Friday.

The eight-story building in the Mumbai suburb of Thane caved in Thursday evening, police said. Rescue workers with sledgehammers, gasoline-powered saws and hydraulic jacks struggled Friday to break through the tower of rubble in their search for possible survivors. Six bulldozers were brought to the scene.

“There may be (a) possibility people have been trapped inside right now,” local police commissioner K.P. Raghuvanshi said Friday.

At the time of the collapse, between 100 and 150 people were in the building. Many were residents or construction workers, who were living at the site as they worked on it, said Sandeep Malvi, a spokesman for the Thane government.

More than 20 people remained missing Friday afternoon and three floors of the building remained to be searched, said R.S. Rajesh, an official with the National Disaster Response Force who was at the scene.

`’All the three floors are sandwiched … so it’s very difficult for us,” he said.

The dead included 12 children, police said.

A nearby hospital was filled with the injured, many of whom had head wounds, fractures and spinal injuries. Hospital officials searched in vain for the parents of an injured 10-month-old girl who had been rescued.

At least four floors of the building had been completed and were occupied. Workers had finished three more floors and were adding the eighth when it collapsed, police Inspector Digamber Jangale said.

It was not immediately clear what caused the structure to collapse, but Raghuvanshi said it was weakly built. Police were searching for the builders to arrest them, he said.

`’The inquiry is ongoing. We are all busy with the rescue operation; our priority now is to rescue as many as possible,” he said.

Police with rescue dogs were searching the building, which appeared to have buckled and collapsed upon itself. Rescuers and nearby residents stood on the remains of the roof trying to get to people trapped inside. Residents carried the injured to ambulances and one man carried a small child caked white with dust from the wreckage.

Raghuvanshi said rescue workers had saved 15 people from the wreckage.

Building collapses are common in India as builders try to cut corners by using poor quality materials, and multi-storied structures are built with inadequate supervision. The massive demand for housing around India‘s cities and pervasive corruption allow builders to add unauthorized floors or build entirely illegal buildings.

The neighborhood where the building collapsed was part of a belt of more than 2,000 illegal structures that had sprung up in the area in recent years, said Malvi, the town spokesman.

`’Notices have been served several times for such illegal construction, sometimes notices are sent 10 times for the same building,” he said.

G.R. Khairnar, a former top Mumbai official, said government officials who allowed the illegal construction should be tried along with the builders.

`’There are a lot of people involved (in …read more

Source: FULL ARTICLE at Fox World News

India Building Collapses: Rescue Workers Search Through Rubble To Find Survivors (VIDEO/PHOTOS)

By The Huffington Post News Editors

MUMBAI, India — A half-finished building that was being constructed illegally in a suburb of India‘s financial capital has collapsed, killing 35 people and injuring more than 50 others, police said Friday.

The building in the Mumbai suburb of Thane caved in at 6:08 p.m. Thursday, police said. Rescue workers with sledgehammers, gasoline-powered saws and hydraulic jacks were struggling to break through the rubble in their search for possible survivors. Six bulldozers had been brought to the scene.

Read More…
More on India

…read more

Source: FULL ARTICLE at Huffington Post

Building collapses in India; at least 31 killed

A half-finished building that was being constructed illegally in a suburb of India‘s financial capital has collapsed, killing 31 people and injuring 59 others, police said Friday.

The building in the Mumbai suburb of Thane caved in at 6:08 p.m. Thursday, police said. Rescue workers with sledgehammers and gasoline-powered saws were struggling to break through the rubble in their search for possible survivors.

“There may be (a) possibility people have been trapped inside right now,” the local police commissioner K.P. Raghuvanshi said Friday.

Among the 31 dead, were 11 children, police said.

At least four floors of the building had been completed and were occupied. Workers had finished three more floors and were adding an eighth floor when it collapsed, police inspector Digamber Jangale said. Some of the dead were construction workers staying in the building as they worked on it, Jangale said.

The building did not have the necessary clearances from local authorities, he said.

It was not immediately clear what caused the structure to collapse, but Raghuvanshi said the building structure was weak. Police were searching for the builders to arrest them, he said.

“The inquiry is ongoing. We are all busy with the rescue operation; our priority now is to rescue as many as possible,” he said.

Police with rescue dogs were searching the building Friday, which appeared to have buckled and collapsed upon itself. Rescuers and nearby residents stood on the remains of the roof trying to get to the people trapped inside. Residents carried the injured into ambulances and one man carried a small child caked white with dust from the wreckage.

Raghuvanshi said rescue workers had saved 15 people from the wreckage.

Building collapses are common in India as builders try to cut corners by using poor quality materials and multi-storied structures are built with inadequate supervision.

A local resident, who did not give his name, said the site was only meant to hold a smaller structure and said officials turned a blind eye to the problem.

“They made an 8 story building of what was supposed to …read more

Source: FULL ARTICLE at Fox World News