COMPARED TO MUKESH AMBANI, EVEN A BILL GATES IS INSIGNIFICANT AND POWERLESS. AND NOW, THE COMING TOGETHER OF THE AMBANI BROTHERS
WILL ONLY MAKE THEM MORE POWERFUL! I was in Cannes this year for the annual film festival! The day after the inaugural show, was a symposium on Indian flms. While speaking at the symposium, I said that the West better take India very seriously as sooner or later, in any case, Indians or Chinese will be owning all the major Hollywood studios, since they are mostly bankrupt and on sale. At the end of my speech, most people who came up to me seemed disturbed by my statement! Many asked whether I really meant that statement! Well, I surely meant that! One look at the global rich list today and you will see how it has been stormed by the Indians. The reasons, as I said in one of my previous editorials, is of course more to do with the way Indian governments have helped privatise national resources than encourage real brand building abilities – (‘Blood billionaires. Scam Billionaires. Indians storm into the Forbes billionaires list’; December 23, 2007). The best proof of my statement is that...