OID‰‰†‰KOID‰‰†‰OID‰‰†‰MOID‰‰†‰C New Delhi, Thursday,May 15, 2003www.timesofindia.com Capital 30 pages* Invitation Price Rs. 1.50 International India Times Sport Bush vows to hunt Jayalalithaa’s second AC Milan down those behind year in office as clinch spot in Riyadh blasts colourful as the first Champions’ final Page 15 Page 8 Page 21 WIN WITH THE TIMES 200,000 NRI AFP Established 1838 Neighbours Bennett, Coleman & Co., Ltd. millionaires If you have an idea, and I have an idea, and we exchange these ideas, in US: Merrill talk J&K at then each of us will By Chidanand Rajghatta have two ideas. TIMES NEWS NETWORK — George Bernard Shaw Washington: The image of the wealthy NRI from America is poised to NEWS DIGEST get a puffy boost following estimates UN in peace Iraq mass graves: Villagers from the investment firm Merrill TIMES NEWS NETWORK & PTI pulled body after body from a mass Lynch that there are 200,000 million- aires of Indian origin in the United grave in central Iraq, exhuming the New Delhi: Pakistan toned States alone. Masood barred remains of up to 3,000 people, killed down its references to Jam- If that seems a staggering count — it during the 1991 Shiite revolt against mu and Kashmir in the UN Saddam Hussein’s regime. P15 would mean one in every nine Indians from PoK: Pak Security Council on Tuesday. in the US is a millionaire, considering Power tariff hike: Private power The presidential statement Muzaf- their total population is 1.8 million — distribution companies have sought issued by its foreign minister farabad: Merrill has a raft of riders and caveats. a hike of 12 to 30 per cent in tariff to Khurshid M Kasuri at a de- Pakistan It includes not just NRIs but all peo- make up the Rs 2,579 crore loss bate on ‘‘pacific resolution of has barred ple of Indian-origin; the estimate was they incurred this financial year. A conflicts’’, at the end of the Maulana made at the height of the 2000 technol- final decision will be taken soon. P5 meeting made no mention of Masood ogy bubble; and crucially, the defini- the Kashmir issue. Azhar, tion of a millionaire is broad enough to Masood In a departure from their leader of include all assets including home own- PEOPLE POWER earlier posturing, India and Jaish-e-Mohammed, ership. Speak your mind—loud and free. Pakistan did not attack each from entering Pakistan- Still, the 200,000 Indian-origin ‘‘Mer- Question of the week: other directly while raising occupied-Kashmir, an For better education to greater numbers, rill Millionaires,’’ along with their less STARRY STARRY CANNES: Jury members Aishwarya Rai, French actress Karin Viard and Hollywood star the Kashmir issue in the UN official said. Azhar, the should Delhi University: wealthy NRIs, carry the median Amer- mastermind behind the • Increase seats in the elite colleges? Meg Ryan with jury president Patrice Chereau, at the 56th Cannes Film Festival on Wednesday. Security Council. While New ican NRI income to over $ 60,000 (com- attack on Parliament, • Introduce a common entrance test? Delhi maintained that differ- • Improve quality of C-grade colleges? pared to the national average of $ was scheduled to speak ences are best settled 38,885), making it the wealthiest immi- at a gathering in Kotli, Call today at 23492136 ( between 12 noon and through bilateral negotia- 1pm ) You can fax us on 2332 3346 / 2371 5832 grant group in the United States, say south of Muzaffarabad e-mail: [email protected]. Your tions, Islamabad stated that a Merrill Lynch executives. on Wednesday. AP response, along with your name, will be published in solution to the problem can For the record, the United States has Four held for Sunita murder be achieved only after fulfill- SUNDAY TIMES OF INDIA an estimated 2.1 million millionaires, May 18, 2003 TIMES NEWS NETWORK and questioned the accused. in Rohtak. Bansal is Kamal’s ing the aspirations of the his presentation on Tuesday which is less than one per cent of its During interrogation, the po- driver,while Deepak is his mus- that the resolution of issues New Delhi: The Delhi Police Kashmiri people. population compared to the nearly 10 lice claimed, the three con- cleman. through bilateral negotia- per cent for Indian-Americans. claims to have solved the Sunita In response to a question, fessed to their crime. Gupta said Deepak fired the tions is advocated by the The size of the Indian entrepreneur Chadha murder case with the an MEA spokesperson said Gupta said the accused were shot. ‘‘He (Deepak) used to get world body’s charter and that market in Silicon Valley alone com- arrest of three persons. Police India regretted Pakistan’s in a dark green Ford Ikon and training (from Kamal) in the such a course is also seen by prised 200,000 people with wealth commissioner R S Gupta said reference to the Kashmir is- not in Cielo, as stated earlier. forests of Yamuna Nagar,’’Gup- ‘‘distinguished jurists’’ as worth $ 60 billion even in late 2001 after the incident was a case of road sue in its statement, but said The Chinese-made .30 bore, ta claimed. The accused said the ‘‘most preferred methods the technology bubble, according to Jy- rage and that the accused were it did not come as a surprise used to kill Chadha, was also re- they were infuriated with Chad- of settlement of disputes’’. oti Chopra, director of South Asian in an inebriated state when as Pakistan had used every covered from the possession of ha because she had intervened business at Merrill Lynch’s multicul- they shot Chadha on May 2. opportunity to raise Kash- As it involves bargaining the accused. ‘‘The pistol be- tural and diversified business develop- The accused, Ajay Raj Kamal in an altercation between them mir in every forum. and may involve elements of ment group. Enough reason for the (28), Amit Kumar Bansal (23) longs to Kamal. It is a licensed and a scooterist. SC members were told give and take, there is a firm to expand its South Asia wealth and Deepak Kumar (25), were one which the accused got in They claimed the scooterist ‘‘that to bring in issues that greater probability of the management focus. arrested near a jail in Rohini 1994 from Haryana,’’ Gupta was driving rashly so they were best solved bilaterally parties carrying out the Merrill executives said India’s ex- area on Tuesday night. Gupta said. He claimed Kamal got the stopped and rebuked him. In would only vitiate and com- agreement faithfully,he said. pertise in IT and software industries said the police stepped up vigi- license even though he was in- the meantime, Chadha arrived plicate the situation.” He said the imposed solution helped grow the wealth of many non- lance on a tip off. volved in a murder case in at the spot and fought with Meanwhile at the United is likely to be reopened by the resident Indians in the US, but also re- On spotting their car, a Ford which he was acquitted. them instead, they said. Nations, India’s ambassador aggrieved party and thus duced their net worth as the Internet Ikon, the police team stopped it Kamal runs a dairy business How it was cracked: Page 3 to the UN Vijay K Nambiar would be no real settlement. YOU SAID IT by Laxman More on pages 7 and 17 bubble burst. The Indian community in repeatedly stressed during the US was probably affected by these events more than any other expatriate community in the world. “However, this is a cohesive and resilient commu- nity and many people have renewed A bowl of rice can vigour in their business operations,” said Subha Barry, head of Merrill Lynch’s business development group. keep diabetes away Dollar diaspora Tokyo: Japanese laboratories It afflicts more than 150 mil- have developed rice plants that lion people worldwide, including • 200,000 millionaires of Indian could free serious diabetes pa- 17 million in the United States, origin in the US alone, tients from regular insulin injec- and can cause blindness, kidney according to Merill Lynch tions by promoting their own failure and even death. There are • This means that one in every bodies’ production of the key two distinct types. nine Indians there, of the total hormone, researchers said. Type 1 diabetes develops most population of 1.8 million, is The genetically-modified rice often in children and young Most intelligent secretary I’ve ever a millionaire was developed jointly by the adults, but the disorder can ap- had! Along with my order he has National Institute of Agrobiolog- pear at any age. already brought the order for its • The estimate includes not ical Sciences (NIAS), the private- Type 2, or “adult” diabetes, roll-back also! just NRIs but all people of sector Japan Paper Industries traditionally affects people over Indian origin and Sanwa Kagaku Research 55 and apparently develops as a indiatimes.com POLL • The millionaires, along with Institute. consequence of obesity or Fumio Takaiwa, head of the weight gain, and is now being Yesterday’s results: Do you agree with their less wealthy NRIs, are Amitabh Bachchan that song and dance the wealthiest immigrant NIAS research team, said it was detected among children. It ac- sequences are Bollywood’s USP? group in the US the first time that a foodstuff had counts for 90 per cent of US • Merrill said India’s expertise been developed as an effective diabetes cases. Yes 77% No 23% treatment for diabetes.