Globally, the biggest fall in rents was in Mumbai with Colaba Causeway falling 63.5%, Linking Road Bandra by 63% and Kemps Corner by 60%. In the Americas, Rio de Janeiro’s Sao Conrado Fashion Mall fell 53.4% whilst in Europe, Bucharest’s Calea Victoriei fell 48.1%. This was revealed by a survey conducted by Cushman & Wakefield. [...]
Archive for the ‘Corruption’ Category
India’s greedy real estate mafia to collapse?
Posted in Business India, Corruption, tagged greed, India, Mumbai, poor, Poverty, recession, rent, rentals, rich, Slums on September 27, 2009 | Leave a Comment »
India’s richest woman can’t afford a car
Posted in Corruption, Funny India, India Facts, Poverty, Women, tagged GDP, Globalization, haryana, Hindu, Hindutva, Savitri Jindal, Upper Class, Women on September 26, 2009 | 1 Comment »
HISAR: She is said to be India’s richest woman. But Congress nominee from Hisar assembly seat, Savitri Jindal, does not own a car. However, the Haryana minister for revenue has wealth worth $2.9 billion, according to the Forbes Magazine survey of richest women of the world.
In her statement given before the returning officer, while filing [...]
Report on Indian Bureaucracy
Posted in Corruption, India Facts, tagged Corruption, Human Rights, India on March 26, 2009 | Leave a Comment »
Bureaucracy perceived to be ‘unresponsive,insensitive,corrupt’
Bureaucracy in India is generally perceived to be “unresponsive, insensitive and corrupt” and a common complaint against it pertains to excessive red-tapism, the Second Administrative Reforms Commission has said.
In its 12th report, the Commission said that during its visits to the states, it interacted with a large number of people [...]
Sunil Agrawal offered sex, gems to US visa officer in Toronto
Posted in Business India, Corruption, Indian Mass Migration on February 28, 2009 | 3 Comments »
WASHINGTON: An Indian American jewellery executive and a former Toronto-based US diplomat have pleaded guilty to trading gemstone rings, trips with exotic dancers and other gifts in exchange for expedited work visas.
According to court papers, Sunil Agrawal, the chief executive officer of New York-based STS Jewels, gave presents to Mike O’Keefe, who was the deputy [...]
Budget for buying votes : Rs 2,000-2,500 crores
Posted in Corruption, India Facts on February 28, 2009 | Leave a Comment »
Rs 10,000cr may be spent on polls this summer: Survey
NEW DELHI: India will see a staggering Rs 10,000 crore, equivalent to the foreign direct investment it received in 1995-96, being spent on Lok
Sabha polls this summer, with a fourth of the amount expected to be splurged on voters.
The official spending is likely to be about [...]