Gateway of India, Mumbai
Indian silver worth $38 million recovered from British ship sunk during World War Two
Who does this silver belong to India, where it originated, or Britain? The Indian Government has not filed a claim so far though.
So far 48 tons of silver, worth an estimated $38 million, has been pulled up from British cargo ship Gairsoppa. The ship, on a voyage with the haul from Calcutta to London, was sunk by German submarine boats during World War Two and lies 15,400 feet under the Atlantic Ocean, near Ireland, reports The Independent. See story:
http://www.iol.co.za/scitech/science/discovery/sunken-ship-yields-haul-of-silver-1.1346031#.UArVV6NXnIU
Anil Kumar, ex McKinsey director whose evidence helped convict Raj Rajaratnam and Rajat Gupta, gets two year probation and no jail time.
Anil Kumar, who faced 25 years in jail for insider trading, helped prosecutor Preet Bharara build a case against Rajaratnam and Gupta.As Businessweek, see story below, noted: "Crime doesn’t pay, but the lesson from insider-trader Anil Kumar’s case is that it pays to cooperate if you get caught."
http://www.businessweek.com/news/2012-07-19/anil-kumar-gets-two-years-probation-in-insider-trading-case
Kajal, kesari, saffron and other Indian items being used in Western beauty products
A report in The New York Times notes that age old Indian beauty ingredients like Kajal, saffron and kesari are being used in items sold by major western beauty labels. The story, by Shivani Vora, says that Estee Lauder has a line of Ayurveda based products called Aveda.
Will this demand grow or is it just a temporary fad, riding the current surge of interest in Yoga.
http://www.nytimes.com/2012/07/19/fashion/skin-deep-inspiration-is-coming-from-india.html?pagewanted=all"
Jeev "Helicopter" Milkha Singh wins Scottish Open golf title and $650,000 in first win since 2008.
Congratulations to Jeev Singh who won his fourth European tour title last weekend at the Scottish Open. In addition to winning $650,000, he qualified for the last spot in this weekend's British Open. He did not make the cut at the British Open.
Jeev, whom commentators refer to as having a helicopter swing, has battled injuries since last winning a title in 2008. For more on Jeev's victory go to:
/http://jeevmilkhasingh.net/
For these and other stories, images and videos on Indians around the globe, published each weekend, visit:
/http://primeindians.com
The editorial and technical quality of the website will be updated shortly.
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