South Asian Business news and information

Pakistan’s triumph in the recently concluded twenty20 world cup 2009 is now considered as a major boost to Pakistan cricket which has been struggling because of uncertain security condition in the country. The Lahore terror attack on Sri Lankan team bus last March left Pakistan isolated in world cricket as no other cricket playing nations are now interested to tour Pakistan due to its tumultuous security condition. In fact, the country was stripped out of its world cup hosting status, and ICC Champions Trophy was relocated to South Africa, though the tournament was originally scheduled to take place in Pakistan.

Saeed Ajmal is perhaps the brightest spin hope of Pakistan cricket team at this moment. Specially, the off spinner showed excellent improvement in the recent ODI series against Australia in UAE. However, during the second ODI, Saeed Ajmal was reported by the umpires for suspect bowling action of his ‘doosra’ deliveries. However, the player has now been released from the suspicion by biomechanic expert Bruce Elliott. Mr. Elliott has recently send a report to PCB stating that there is no problem with Ajmal’s action for the doosra deliveries. This is good news for Pakistan ahead of twenty20 world cup 2009 which kicks off from 5 June in England and Ajmal is the only specialist spinner in the squad. Now, let us see if Saeed Ajmal can keep the opposition batsmen busy in  unraveling the mystery of his deliveries in the twenty20 world cup.

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In May 2009, most people in India were busy with election and IPL cricket. Bollywood saw some movies but none of them could create some buzz in the Media let alone in box office. Business is some dull and that is perhaps why, the top actor Shahrukh Khan gave a lot of time in IPL 2009 that is taking place in South Africa. It was his bad luck that his club performed very badly.

Hrithik Roshan and Suzanne Khan are in trouble again. No, they are not splitting up but the controversy storm of media just made life of one of Bollywood’s most powerful couple very miserable. Rumor spread out the Hrithik Roshan was having an affair with his Kite co-star, Barbara Mori. Kites is directed by Anurag Bose. In the movie, there are few intimate scenes between Barbara Mori and Hrithik Roshan including a kissing scene which was letter edited out by Hrithik Roshan’s father, Rakesh Rosha, producer of the movie.

This is a tournament that has caught the imagination of many people in India. This time, it is taking place in South Africa and BCCI officials are hoping that it will generate more TV viewers and more revenue compared to last year. There is economic recession but organizers of IPL feel that economic recession will not touch IPL. In fact, only 6 days are left.

There is nothing to be shocked about this news. Nepalese economy is dependent on tourism and almost 7 of the top 10 mountain peaks in the world are in Nepal. So, it is natural that during time of economic recession the tourism industry is suffering. Nepal may be a very poor country but it has some excellent hotels. It is not only the economic recession that is creating all the problem. Electricity is a problem for the hotels too as Nepal cannot produce enough electricity. 

Xinhua wrote:

  "Prolonged hours of power-cut, strikes, insecurity and labour unrest are seriously affecting the hotel business in Nepal this time", Prashiddha Bahadur Pandey, President of the HAN told Xinhua on Monday.

    Besides these domestic irregularities, the hotel industry is also suffering due to the cascading effects of the global economic meltdown," he added.

    At the time when the business communities in Nepal have asked the government to help to tackle the adverse business climate, the HAN has also articulated the hardship in the hotel industry.

After frustrating performance in the two Twenty20 matches, Indian cricket team today did something amazing and completely outplayed New Zealand in the first one day international match earlier today. The winning margin was very good in the end but you have to admit that more credit should go to rain rather than the performance of Indian players. Of course the Indian players played very well and they certainly outclassed New Zealand in every department.

Perhaps some good news for Satyam

Satyam Shares Gain After India Allows Stake Sale to Investor

There is something to cheer about Satyam at last but you cannot be so much excited with the Indian share market.

The Satyam scandal rocked the business sector of India recently. It put some serious questions about the level of corporate governance in the country. Now, the dusts are almost settled, but there is still a lot of tension.

Bollywood is famous for its beautiful actresses. These girls are considered to be among the most beautiful on earth. Except acting and dancing, we can hardly think of any use for woman in Bollywood film industry. However, the good thing is that this kind of thing is changing and the stereo type role of woman is now much more than just giving entertainment to the viewers with their dancing and showing beautiful body.