Dec 16 Pages 27-36

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27 December 16, 2011

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Mukesh Ambani to get into fast food BusinessBANGALORE (TOI): Reliance

Industries, a $50-billion-plus oil and gas giant, will enter the fast-food business with its own brand next year, opening yet another front to do busi-ness directly with India’s growing young population after retail and 4G wireless services.

Mukesh Ambani has roped in Rishi Negi, COO of multiplex operator Fame India, which is partly owned by his younger brother Anil Ambani, to develop a quick service restaurant (QSR) concept within 3-4 months, two senior Reliance executives said.

Negi will spearhead Reliance’s en-try into a segment that is growing at least 25% a year and where interna-tional brands such as McDonald’s and Domino’s jostle to introduce Indianised cuisines to take on popular local chains such as Jumbo King and Saravana Bhavan.

Reliance is exploring a scaleable model like McDonald’s and Dom-ino’s, complete with a standardised menu and express delivery, the ex-ecutives said. .

“The company is looking at any-thing suitable for Indian palate, be it Chinese, Italian or Indian cuisine,” one of them said. The Reliance Indus-tries spokesman declined to comment. The executives said the company has zoomed in on Delhi, Mumbai and Bangalore as the tentative locations to launch the business.

“With a hypermarket format al-ready attracting a large number of consumers, it makes sense to bundle in food as well,” one of the execu-tives said. The company has already experimented with a fresh bakery at its hypermarkets, Reliance Mart.

The move is in line with Mukesh

Ambani’s aggressive moves to build businesses for the country’s consum-er class, dominated by demanding and aspirational youngsters. His retail arm, Reliance Retail, operates around 1,146 multi-brand outlets across the country through chains such as Re-liance Fresh, Reliance Super and Reliance Mart.The company, which paidRs13,000 crore for the licence, is expected to launch 4G data services within a couple of months at just Rs10 per GB, or almost one-tenth of current 3G charges-an offer the Facebook generation may find hard to resist.

Negi is coming in with some expe-rience in the restaurant business. He was the COO of Pizzeria Restaurants, which operated Pizza Hut a few years ago, and was food & beverage manager at Taj Coromandel, the Taj Group’s 5-star hotel in Chennai.

Reliance is exploring a scaleable model like McDonald’s and Domino’s, complete with a standardized menu. Mukesh Ambani CEO, Reliance is excited about bringing some interesting food items that will please the Indian palate

By Kalyani GiriHOUSTON: A recent study by

MetLife has found that South Asian Americans have shown a slight shift in their hypothesis of the American Dream. Less traditional and more flexible ideologies about finances, home ownership, marriage, fam-ily, and education are emerging, not unlike most Americans. But South Asian Americans still remain more confident than most Americans about achieving the Dream, says the MetLife study. The study also uncovers a shift in the South Asian American cognizance of an adequate financial safety net, but has shown that regardless of a more disgruntled financial outlook, the Asian Ameri-can financial security remains well above the Americans overall.

“Times are tough, but people are adapting and pursuing their own version of the Dream,” said Devang Patel, a certified financial planner

MetLife fifth Annual Study finds South Asian Americans Shift in View of American Dream

with Patel Financial Group, an of-fice of MetLife. “We’re here to help South Asian Americans get back on track. “The good news is that, like Americans overall, South Asian Americans can take small steps to re-build their safety nets and regain their confidence by being proactive. That safety net includes savings to cover living ex-penses for up to 6 – 12 months in case of illness or loss of jobs or other serious emergencies. We also discuss invest-ments. Some people put money into real estate or the stock market, so we talk about the risks involved. South Asians are very good savers. But with the strong ties to family comes the added responsibility of taking care of elderly parents and educating children, so extra funds are always required,” said Patel, who has worked with MetLife for the past eight years.

Based in New York, his primary clientele are South Asian Americans mostly from the medical field or in business. With a Masters degree in computer science and formerly an engineer by vocation, Patel isn’t un-like the educated, up-ward-

ly mobile clients he offers sound financial advice to.

The 2011 MetLife Study, is the fifth annual report of its kind by the leading global provider of insurance, annuities, and employee benefit pro-grams, serving 90 million custom-ers in over 50 countries. It revealed that South Asian Americans are hav-ing the most success achieving the American Dream. Forty-one percent say they have achieved the Dream,

cans say that recent economic events have reinforced the importance of material possessions and their career over their family and personal life, compared to just 13% of the over-all population. More South Asian Americans also believe they need to exceed their parents’ standard of living to achieve the Dream. South Asian Americans are passionate in their pursuit of the American Dream. To make their Dream a reality, almost three quarters (74%) would consider moving into a less expensive home and 71% are willing to relocate to another part of the country to sustain or achieve the American Dream. This compares to 64% and 57% of Ameri-cans overall, respectively. Forty one percent of South Asian Americans are willing to take a job for which they are overqualified and 33% would get additional job training.

For more information visit www.metlife.com.

compared with just over a third (34%) of all Americans, and among South Asian Americans who haven’t yet achieved the Dream, 8 in 10 think it is possible. The study reveals that like most Americans, South Asian Ameri-cans no longer place importance on

many traditional elements of the Dream: 67% and 66% respectively say marriage

and children are not essential and 58% say you don’t have

to own a home to achieve the Dream. However, while a majority of Americans (65%) say a college education is no longer important, only 47% of South Asian Americans agree. Education is still key in their version of the American Dream.

Material wealth, once symbolic of achievement, has waned signifi-cantly among most Americans, but continues to be a priority among South Asian Americans. More than a quarter (28%) of South Asian Ameri-

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Growing Chinese Influence in Indian Ocean No threat:Lankan Army ChiefDEHRADUN (DH): Visiting

Sri Lankan army chief Lt Gen Jagath Jayasuriya today said though China’s influence in the Indian Ocean is growing, it is not posing any threat to the Indian sub-continent.

“There is no threat to any country in the Indian sub-continent from the growing influence of China in the waters of Indian Ocean. It is a wrong belief”, Jayasuriya told reporters after reviewing the Passing Out Parade (POP) at the Indian Military Academy (IMA) here.

Regarding India, he said military cooperation between India and Sri Lanka is increasing and armies of the two countries are cooperating with each other in several areas including the field of training.

In this regard, he pointed out that 120 Sri Lankan officers have so far received training in the IMA. He said he also plans to meet Chief of

Army Staff Gen V K Singh during his current visit.

On LTTE, Jayasuriya said LTTE in Sri Lanka has been compeletely decimated but admitted i ts symphathisers do exist in other countries.

“LTTE has been decimated militarily but they do have

symphathisers in international diaspora”, he said. However, he

said it is no more a military threat.Asked about Tamilians uprooted

from the island nation during Sri Lankan army’s operation against LTTE, the Sri Lankan army chief said the situation has now become “normal” and people have started

coming back to their places.The Sri Lankan government is

also undertaking rehabilitation work in affected areas, he added.

Lt Gen Jayasuriya is the first commander of Sri Lankan army who reviewed the POP of IMA. He said he is feeling honoured by reviewing the parade.

Earlier, addressing the cadets, Lt Gen Jayasuriya thanked the government of India for choosing him to create history as he is the first commander of the Lankan army to review the parade at IMA. “This magnanimous gesture reflects the strong bonds our armies share,” he said.

Congratulating the cadets, he said that during their stay at the academy, “the mentors would have endeavoured to broaden knowledge base, develop necessary skills and help build your character.”

“These are the three pillars on which the entire philosophy of your

Sri Lankan army chief Lt Gen Jagath Jayasuriya

training is built so that you pass out from this academy as competent and confident young officers ready to shoulder the responsibilities the stars on your shoulders bestow on you,” he said.

Lt Gen Jayasuriya said “your task as a leader is quite onerous and challenging. At times, your passions and emotions may pull you in one direction, while your duty may call upon you to take a totally different course. The outcome of the battle against such strong feelings determines the leadership acumen or the lack of it in any commander.”

He said though a conceptual understanding of leadership is necessary in its own right, it must be remembered that, in effect, leadership does not exist in a vacuum.

The leader is required to lead a group towards a goal in a situation, he added.

Wal-Mart Must Wait to Get into IndiaNEW DELHI (CBC): India’s

government has suspended its plans to throw open its huge retail sector to foreign companies such as Wal-Mart in a decision seen as a major capitulation to political opponents that further weakens the administration.

The initial decision last month to allow foreign companies to own 51 per cent of supermarkets in major cities and 100 per cent of single-brand stores was hailed by the business community as a long overdue reform. The government said foreign retailers would bring better prices for farmers and lower prices for consumers by cutting out middlemen and upgrading the country’s infrastructure.

The world’s largest retailer faces suspension of its plan to move

into one of the world’s biggest potential retail markets after India’s government bowed to protectionist pressures. But opposition parties and even some members of the governing coalition protested against the deal, saying it would crush local mom-and-pop stores that are the heart of Indian retailing. Opposition lawmakers disrupted Parliament for days in protest.

On Wednesday, the government held a meeting with all the parties in Parliament to hammer out a deal: It would put the decision on hold if they would let the legislature function.

Afterward, Finance Minister Pranab Mukherjee told Parliament that foreign retail was “suspended until a consensus is developed through consultations with various stakeholders.”

It was not clear how long that process would take or whether the policy would be implemented or canceled after it was over.

Sushma Swaraj, an opposition parliamentarian, welcomed the government’s move.

“To bow before the people’s feeling does not weaken the government, but strengthen the democracy,” she told Parliament.

But other opponents claimed victory.

“It is a virtual rollback,” said Gurudas Dasgupta, a Communist Party lawmaker.

“This is a signal that this government can’t do anything with

The world’s largest retailer faces suspension of its plan to move to one of the world’s biggest potential retail markets India after its government bowed to protectionist pressures from the public saying this move could crush mom and pop stores, the heart of India’s business


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Emirates Renews its Support to the Seychelles

Wal-Mart Must Wait to Get into IndiaContinued from page 29force,” said Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices in the Ministry of Agriculture. “It’s the nation that loses.”

Future Group Chief Executive Kishore Biyani, who has been likened in India to Wal-Mart founder Sam Walton, was optimistic the plan could still be implemented.

“We will have to work hard in convincing people it is good for driving economic growth. The consumer has to come forward and say it’s good for us. Farmers will have to come forward and say it’s good for us. I think that consensus will be built,” he said.

The government’s initial decision to allow in foreign investment was seen as a forceful move meant to prove it was still capable of

making bold decisions, despite a series of corruption scandals, soaring inflation and repeated anti-government protests. The move also sent a signal to business leaders that India was serious about economic reforms and welcomed foreign investment.

Its rapid backtracking has only served to further weaken the government.

“The percept ion that the (coalition) can be easily cowed has been strengthened, that it does not have the guts to stand by its convictions or the political artfulness to sell what is essentially a decision that potentially improves the material well-being of many, many Indians,” the Indian Express newspaper wrote in an editorial on the issue.

The FDI suspension also provided

yet another example of the policy paralysis and inconsistency that has made investors leery of India.

Foreign direct investment slipped from $38 billion US to $23 billion last fiscal year.

India’s economy is showing other signs of distress as well, with growth slipping below 7 per cent for the first time in more than two years, a widening fiscal deficit, a plunging currency and skyrocketing prices, which 13 consecutive rate hikes have not tamed.

Economists say India urgently needs to push through difficult, but crucial, policy reforms that the government might not have the political strength to implement — not just in FDI but also in land acquisition and environmental clearances.

SEYCHELLES (Nat ion) : Emirates will be the official airline for the 2012 edition of this international event.

“The announcement of our support to the Seychelles Carnival follows the recent signature of a memorandum of understanding b e t w e e n t h e Seychelles Tourism Board and Emirates for the promotion of the archipelago. This is yet another demonstration of our commitment to the Seychelles,” explained Majid Al Mualla, Emirates’ senior vice-president C o m m e r c i a l Operations, West Asia and Indian Ocean.

“It is with great pleasure that we will support the Seychelles Carnival 2012, a major event for the Seychelles Tourism Board and the whole archipelago. As we

always say, we see ourselves as partners of the Seychelles,” Mr Al Mualla added.

On his part Alain St Ange, the chief executive of the Seychelles

Tourism Board, said that the Seychelles Carnival remains a focus point for celebrating diversity and togetherness.

“As we congratulate Emirates for being the official partner airline for this unique event, we also say thank

Emirates and Seychelles Tourism have signed an agreement recently and will be the official airline

you to them for helping to make it more visible and more known. Their direct support remains vital and crucial. The Indian Ocean is a key tourism destination and the

‘Carnaval International de Victoria’ is that region’s annual carnival, staged under the theme of the melting pot of cultures. Emirates has shown their support to help organise an event that brings the cultural groups from the Community of Nations to parade alongside the best and most known carnivals of the world,” said Mr St Ange.

For the first edition of the carnival, Emirates created awareness around the event in new markets

such as Czech Republic, Spain, Brazil, Russia, the Middle East, India, Korea, China and Japan.

The 2012 Carnival in Seychelles is set for March 2-4.

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December 16, 201132 OPINIONINDIAIndian-origin Woman Set to Enter House of Commons

LONDON (TOI): A second generation Indian immigrant Seema Malhotra has emerged as the front-runner for the House of Commons seat from the west London constituency of Feltham and Heston. If she does, she will become the 9MP of Indian descent and third such woman. She is contesting as a Labour candidate.

Feltham and Heston, near Southall, is nicknamed “little Amritsar”. It has for decades been a safe Labour party seat and was retained by it in the general election of May 2010. However, a byelection was forced by the death of the sitting MP, Alan Keen, last month, which will take place on December 15.

Feltham and Heston, like Southall

which is represented by an MP of Indian origin Virendra Sharma, has sizeable overseas Indian voters. Partly because of this and also as a result of the ruling coalition’s growing unpopularity in the midst of economic turmoil, Labour, according to an opinion poll, has a 22-point lead over the Conservative party (52% to 30%). Malhotra, who grew up in the working class area where she has stood for election, is a management consultant. The pro-Tory Mail on Sunday newspaper rubbished her by saying she now lives in a £3 million house in the upmarket of Chelsea. But Labour leader Ed Miliband was quoted as saying she was “deeply committed to Feltham and Heston and will be

a fantastic MP”. Fabian Women’s Network

member Seema Malhotra has been selected as the Labour & Co-operative candidate for the Feltham & Heston by-election.

Seema grew up in Feltham, and went to school in Heston. She is co-founder and Director of the Fabian Women’s Network and a former National Chair of the Fabian Society, as well as a former adviser to Harriet Harman during her stint as leader of the opposition last year. She is a graduate of LWN’s parliamentary training, and will make an outstanding MP if she is elected.

You can also follow Seema on Twitter at @SeemaMalhotra1.Seema Malhotra is the front runner for the House of Commons

Deadly fire Prompts Review of India’s Booming HospitalsNew Delhi (CSM): A hospital

fire that killed more than 90 people in India last week is raising concerns about safety procedures in the country’s rapidly-expanding hospital system.

Friday’s fire swept through AMRI, a 180-bed, state-of-the-art facility with a reputation for being one of the best hospitals in eastern India. There were no exit doors or evacuation plan, the windows were sealed, and the loca l f i r e department took up to 90 minutes to arrive. Trapped, m a n y o f t h e patients died from asphyxiation.

While India is gaining a good reputation for its medical talent, construction codes and public safety regulations lag behind.

“Large numbers of hospitals are coming up in a big way across India,” says Dr. Muzzafer Ahmed, a member of the country’s National Disaster Management Authority. “What we need to look into when issuing the licenses for running the hospitals is that building construction has complied to safety building codes and a safety plan is in place in case of fire.”

Though such regulations are standard protocols in the US, in India they are still in their infancy. At present there is no unified disaster plan for New Delhi, a megacity with over 20 million people. Nor is there a national law regulating fire security.

Dr. Shakti Gupta, the medical

superintendent for the All India Institute of Medical Sciences (AIIMS), one of the country’s most prestigious institutions, says the safety requirements are being met.

“Leading Indian hospitals have got the fire safety system at par with the best in the globe,” says Dr. Gupta. “Moreover, the legal requirements and the strict building code ensure that the state of fire safety preparedness is always high.”

AMRI hospital aftermath of the fire, vigil held


33 December 16, 2011SPORTS Pollard Special not Enough for West Indies Gupta, Grover sparkle in

London Chess ClassicL O N D O N ( S a m a c h a r ) :

Grandmaster Abhijeet Gupta won the London Chess Classic’s open section with a hard-earned triumph over GM Keith Arkell of England while International Master Sahaj Grover pulled himself to the second spot after the final round of the event that concluded on Sunday.

Abhijeet, a former world junior champion and reigning national champion, scored eight points in all and will be past the coveted

2650 ELO rating mark in the next rating list, while Sahaj continued his progress in a big way to be well clear of the 2500 ELO mark which is necessary to become a Grandmaster.

Sahaj defeated English GM Peter Wells in the final round.

The Indian dominance in the open section continued as Abhijeet won his seventh game in the event, apart from the two draws that he conceded earlier. While a draw was sufficient for the BPCL employee to get to joint first, he did one better to claim the championship uncontested with his reflex-action play in the final round against Arkell.

Sahaj yet again missed the final GM norm as he had not played enough GMs. But the 16-year old won many a heart with his

swashbuckling play and looks set to be amongst the new crop of Indian stalwarts that include Parimarjan Negi. Sahaj scored 7.5 points in all, a half less than Abhijeet.

“I came here last year and had mediocre results, but off late I have been playing better and this win here will probably help me a lot for tough future events like Gibraltar and Aeroflot open,” said Abhijeet after a nerve-wracking final game against Arkell.

Sahaj made it an all-Indian affair after a lucky victory over Wells.

“I had much better position out of the opening and he used too much time to complicate matters, it was a pretty crazy game but somehow, I was able to pull through,” said the former under-10 world champion and the reigning World Junior bronze medallist.

Apart from the top two finishers, IM Arghyadip Das also had a good day as he beat in-form Jovanka Houska of England to finish joint third.

There was Indian dominance in the junior section as all the prizes were shared by them. Mohammad Ashraf, PV Nandhidhaa and under-12 world champion Murali Karthikeyan shared the honours in the junior category.

Siddharth Gopakumar and N Surendran also did well for themselves in the unrated and rating categories by bagging a prize while Shweya Gole also achieved a podium finish in her category.

Grandmaster Abhijeet Gupta won the London Chess Classic’s Open Section

International Master Sahaj Grover now holds second spot in chess defeating English GM Peter Wells in the final round, Abhijeet and Sahaj have enable the Indian dominance in the chess world to continue, Abhijeet winning his 7th game

By Siddarth ravindranCHENNAI (ESPN): India had a

fantastic victory over West Indies in a topsy-turvy ODI, on a sweltering day in Chennai, to make the series scoreline 4-1.

Fringe players auditioned for bigger roles, and plenty took centre-stage at the MA Chidambaram Stadium. Manoj Tiwary stated his case for a permanent place in an increasingly crowded India middle-order with his maiden one-day century and Kieron Pollard played his finest international innings without managing to complete a herculean task after West Indies’ top order did its familiar house-of-cards impersonation.

Those two were the headliners but there were significant contributions from other players scrapping for a place. Andre Russell showed why he should be an automatic pick for West Indies, legspinner Rahul Sharma displayed great accuracy and a cool head in only his second international match and Irfan Pathan caused plenty of excitement with his famous inswingers with the new ball.

India were missing their four biggest ODI batting stars but that didn’t prevent their next generation, led by Tiwary and Virat Kohli, from piling on 267 for 6 on a slow-and-low track.

Irfan swung out Lendl Simmons first ball, and added the wicket of Kieran Powell soon after. Abhimanyu Mithun, one of the quick bowlers selected ahead of Irfan for the Test series in Australia, also took two wickets with the new ball. When Denesh Ramdin was adjudged lbw in the 16th over, the game seemed over as West Indies slumped to 78 for 5.

Pollard thought otherwise. The slow surface in Chennai is not suited to Pollard’s explosive style of batting but that did not prevent him from stroking some effortless sixes down the ground. The one shot he did put some power behind, in the 16th over, landed on the roof over long-on. There were very few

slogs in his entire innings; virtually all of his the sixes were hit with a straight bat.

Keeping him company in an attempted revival was Russell, who has already shown his hitting skills

several times. He matched Pollard stroke-for-stroke in a boundary-filled stand of 89 runs for the sixth wicket. Caribbean flair may be an old cliché but there was plenty of it in Russell’s batting, highlighted by a flick for six over midwicket off Rahul Sharma. He bustled to his 50 off just 37 balls, outpacing Pollard.

It was an athletic bit of fielding that broke the partnership that threatened to take the game away from India. Gautam Gambhir pounced on a Pollard dab towards short third man and scored a direct hit to run out Russell, who carried on running to the pavilion.

Pollard farmed the strike and sprinkled in the odd nonchalant six in what was easily the longest innings of his international career. His wait for a first international hundred seemed set to be extended when he thumped Rahul Sharma to Kohli at long-on when on 99, but Kohli shelled the straightforward chance. With only the final wicket remaining, a rain of boundaries followed from Pollard before one

mis-hit ended the game; he holed out to Ajinkya Rahane at long-off to leave West Indies 34 runs short.

If that was a special innings from Pollard, there was an important one from Tiwary earlier. It was

Tiwary’s first opportunity of the series, and he came in with a charged-up Kemar Roach on a hat-trick, three balls into the match. It was only his sixth game for India in nearly four years, spread across four different series. He had never made a hundred even in domestic one-dayers, and his previous highest score in internationals was 24.

He was greeted by a sharp bouncer from Roach, but grew more assured as the innings progressed. A couple of eye-catching off-drives early on eased his nerves, before he started picking off plenty of leg-side boundaries off the spinners. He first steadied the innings through an 83-run stand with Gambhir, whose 31 had a mix of sharp singles and panicky running.

That didn’t prove a setback for India though, as Virat Kohli gave another example of his increasing ease at the international level. He worked risk-free singles off seven of his first eight deliveries, and opened up once he got used to the pace and bounce of the track. Kohli and Tiwary put on 43 runs in a five-over spell starting from the 27th over.

Tiwary retired soon after reaching his century due to cramps. Kohli became the highest ODI run-getter of the year and marched on towards his fifth one-day century of the year, but spooned a catch to long-off on 80.

The final stages showed how difficult a surface it was to score on. Only three boundaries were hit in the final ten overs, as Sunil Narine proved hard to read, and Anthony Martin and Marlon Samuels didn’t offer any freebies. Despite Pollard’s best efforts, West Indies couldn’t reduce the margin of defeat in the series, which was far more closely contested than the 4-1 scoreline suggests. Note: To carry local sports events, call us today.

Manoj Tiwary’s maiden one day hundred


December 16, 201134

INDIA

Indo AmerIcAn news • FrIdAy, decemBer 16, 2011 • Online editiOn: www.indOamerican-news.cOm

3 December 16, 2011 35

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Chicago South 89.3FM - University Park, N.W. Tinley Park, East

Hazel Crest, Homewood, Midlothian, Oak forest, Blue Island, Harvey

Chicago FM101.1HD2 across Chicagoland

Detroit 1090 AM

Texas

Houston 91.3 FM- Kemah, Bacliff, San Leon,

Dickinson, League City, Webster, Seabrook, Shore

Acres, La Porte

Houston 91.3FM- Katy, Pecan Grove, Sugarland,

Telfair, Aliana, Missouri City, Hill Croft, Rosenberg,

Greatwood

Houston 90.7 FM - Hardin, Daisetta, Liberty,

Dayton, Kenefick

California

Los Angeles, CA FM 105.9HD2 Bay Area, CA FM101.3HD2

NY Long Island, Chicago N.W., Chicago South and Houston launching soon...

!

www.humdesiradio.comwww.facebook.com�humdesiradio

Kemah 91.3 FMBacliff, San Leon, Dickinson, Hillcrest, Santa Fe,

League City, Webster, Seabrook, Shoreacres, La Porte , Bay Town.

Katy 91.3 FM Pecan Grove, Sugarland, Telfair, Aliana, Missouri City, Hill Croft,

Rosenberg, Greatwood

Hardin 90.7 FMDaisetta, Liberty, Dayton, Kenefick

Houston, get ready for non-stop Desi Entertainment

on 3 New FM Frequencies COMING SOON

Catch the Latest News, Gossip,

Songs, Masti, Contests & Prizes and much more�

!

!SPONSORSHIPS OPEN for the CHRISTMAS BONANZA.

Book now and get heard across U.S.A�

Indo AmerIcAn news • FrIdAy, decemBer 16, 2011 • Online editiOn: www.indOamerican-news.cOm

December 16, 201136

Documents

Dec 16 Pages 27-36