Lufthansa is bullish about its prospects in the Indian market. It recently got permission to operate a 48-seater all-business-class flight six times a week to Pune from Frankfurt and is now eagerly awaiting next February, when the next round of talks between India and Germany will take place. Lufthansa's South Asia Director of Operations Werner Heesen spells out the plans.
Christian Fabre is chief executive of Chennai-based Fashions International. He is paid just $250 a month for his duties. spends much of his time in the nude or, if he's negotiating with business partners, in a light saffron shawl
Knight Frank, the leading independent global property consultancy, says the global real estate market is going through one of its toughest phases. According to Nick Thomlinson, Senior Partner and Chairman of the company, the general picture remains sluggish across the board, but the key market in slowdown mode at the moment is the US. He feels it is not just the residential housing market in the US where the funding has dried up but also the commercial segment.
Offshore financial centres have been posing a stiff challenge to regulators across the world even as investors have willingly embraced these routes to mitigate tax incidence. The Isle of Man is one such offshore centre that many Indian companies have been flocking to, en route to raising money on Londons Alternative Investment Market (AIM).
