Struggling financial services conglomerate Citigroup named Vikram Pandit, 50, as its new CEO and board member effective immediately. Vikram Pandit, who hails from Nagpur in India, was most recently Chief Executive Officer of Citigroup’s Institutional Clients Group, which comprises Citi Markets & Banking and Citi Alternative Investments. For his new job as Citi CEO, Vikram […]
If you are seeing pink elephants, it ain’t good. Ain’t good at all. Because pink elephant is an euphemism for drunken hallucinations. Pink elephant is a phrase that is nearly a century old. One of the earliest references to pink elephant is in Jack London’s autobiographical novel John Barleycom published in 1913.
So what if India has a glorious 5,000-year-old history or an ancient civilization or too many pictureque spots to count. India has one of the worst records on the planet in attracting foreign tourists to the country. For the first 11 months of 2007, India recorded just 4.4 million foreign tourists (Source: Ministry of Tourism […]
Indian entertainment conglomerate Adlabs Films (majority-owned by Reliance Anil Dhirubhai Ambani Group) plans to operate a 200-screen cinema exhibition chain in the U.S. that will show both Bollywood and Hollywood movies. Adlabs’ plan is to have a nationwide footprint covering 28 cities across the U.S. including the key desi hotspots on the East Coast, West […]