INDIANS ELECT THEIR LEADERS

This is written by a Pakistani journalist.. ........
Capital suggestion
By Dr Farrukh Saleem
12/9/2007


Here's what is happening in India:

The two Ambani brothers can buy 100 percent of every
company listed on the Karachi Stock Exchange (KSE) and
would still be left with $30 billion to spare. The four
richest Indians can buy up all goods and services
produced over a year by 169 million Pakistanis and still
be left with $60 billion to spare. The four richest
Indians are now richer than the forty richest Chinese.

In November, Bombay Stock Exchange's benchmark Sensex
flirted with 20,000 points. As a consequence, Mukesh
Ambani's Reliance Industries became a $100 billion
company (the entire KSE is capitalized at $65 billion).
Mukesh owns 48 percent of Reliance.

In November, comes Neeta's birthday. Neeta turned f
orty-four three weeks ago. Look what she got from her
husband as her birthday present: A sixty-million dollar
jet with a custom fitted master bedroom, bathroom with
mood lighting, a sky bar, entertainment cabins, satellite
television, wireless communication and a separate cabin
with game consoles. Neeta is Mukesh Ambani's wife, and
Mukesh is not India's richest but t he second richest.

Mukesh is now building his new home, Residence Antillia
(after a mythical, phantom island somewhere in the
Atlantic Ocean). At a cost of $1 billion this would be
the most expensive home on the face of the planet. At 173
meters tall Mukesh's new family residence, for a family
of six, will be the equivalent of a 60-storeyed building.
The first six floors are reserved for parking. The
seventh floor is for car servicing and maintenance. The
eighth floor houses a mini-theatre. Then there's a health
club, a gym and a swimming pool. Two floors are reserved
for Ambani family's guests. Four flo ors above the guest
floors are family floors all with a superb view of the
Arabian Sea. On top of everything are three helipads. A
staff of 600 is expected to care for the family and their
family home.

In 2004, Indiabecame the 3rd most attractive foreign
direct investment destination. Pakistanwasn' t even in
the top 25 countries. In 2004, the United Nations, the
representative body of 192 sovereign member states, had
requested the Election Commission of India to assist the
UN in the holding elections in Al Jumhuriyah al Iraqiyah
and Dowlat-e Eslami-ye Afghanestan. Why the Election
Commission of Indiaand not the Election Commission of
Pakistan? After all, Islamabadis closer to Kabulthan is
Delhi.

Imagine, 12 percent of all American scientists are of
Indian origin; 38 percent of doctors in Americaare
Indian; 36 percent of NASA scientists are Indians; 34
percent of Microsoft employees are Indians; and 28
percent of IBM employees are Indians.

For the record: Sabeer Bhatia created and founded
Hotmail. Sun Microsystems was founded by Vinod Khosla.
The Intel Pentium processor, that runs 90 percent of all
computers, was fathered by Vinod Dham. Rajiv Gupta
co-invented Hewlett Packard's E-speak project. Four out
of ten Silicon Valley start-ups are run by Indians.
Bollywood produces 800 movies per year and s ix Indian
ladies have won Miss Universe/Miss World titles over the
past 10 years.

For the record: Azim Premji, the richest Muslim
entrepreneur on the face of the planet, was born in
Bombayand now lives in Bangalore.India now has more than
three dozen billionaires; Pakistanhas none (not a single
dollar billionaire) .

The other amazing aspect is the rapid pace at which India
is creating wealth. In 2002, Dhirubhai Ambani, Mukesh and
Anil Ambani's father, left his two sons a fortune worth
$2.8 billion . In 2007, their combined wealth stood at
$94 billion. On 29 October 2007, as a result of the stock
market rally and the appreciation of the Indian rupee,
Mukesh became the richest person in the world, with net
worth climbing to US$63.2 billion (Bill Gates, the
richest American, stands at around $56 billion).
Indians and Pakistanis have the same Y-chromosome
haplogroup. We have the same genetic sequence and the
same genetic marker (namely: M124). We have the sam e DNA
molecule, the same DNA sequence. Our culture, our
traditions and our cuisine are all the same. We watch the
same movies and sing the same songs. What is it that
Indians have and we don't?

INDIANS ELECT THEIR LEADERS