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Sunday 20 July, 2008
 13:34 | 13/May/2008 |  3 Comment(s)
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Thought provoking


 Worth Reading-Thought-provoking article
 by a Pakistani writer

Capital suggestion
 By Dr Farrukh Saleem
 12/9/2007
 Twenty-five thousand years ago, haplogroup R2 characterized by genetic
marker M124 arose in southern Central Asia. Then began a major wave of
human migration whereby members migrated southward to present-day India
 and Pakistan (Genographic Project by the National Geographic Society;
http://www.nationalgeographiccom/). Indians and Pakistanis have the same
 ancestry and share the same DNA sequence.
 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 forty-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 the 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 floors 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, India became the 3rd most attractive foreign direct 
investment destination. Pakistan wasn'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 India and not the 
Election Commission of Pakistan? After all, Islamabad is closer to Kabul 
than is Delhi.

 Imagine, 12 percent of all American scientists are of Indian origin; 
38 percent of doctors in America are 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 six 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 Bombay and now lives in Bangalore.India 
now has more than three dozen billionaires; Pakistan has 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 same 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.
 =========

 ....The writer is an Islamabad-based freelance columnist. Email: 
farrukh15@hotmail.com

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