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SUNDAY HINDUSTAN TIMES, NEW DELHISEPTEN/BER 30, 2012 I rm$asl

'_State faVOU f.ite deStinatiOn lfe crsre unearthed in

MlLLl0t'lAlRES GLUB Say speakers at the launch of lndia chapter of The Table ClubRashpal Singhrlashpalsiryh@iindustantimes.com

UDAIPUR: James Burkitt, chiefexecutive officer, The TableClub, said on Saturdav that hisaim was to enroll moie valuedmembers to the club and notjust to increase the number ofbusiness families-

. "We are keen to explorernvestment opportunities incountries with potential includ-ing India," he said.

Speaking at the launch oftheIndia Chapter of Table CIub,Bwkittsaid, "Ihave a longtermpolicy to target Indian buiinessfamilies having the capacity andstrength to expand businessinterests globally."

Burkitt said, "We aimto start10 regional chapters and India

S t{e are keen to \f erplorsinvestment &# opportunities in EI countrie$ rrith #h mtential f\ u,*,res aunxrrr d

is the eighth one. lndia was theobvious choice before Chinabecause we knew some familieshere," he said.

Erik L Van Dlik, co-owner ofa global investment andpensionconsu-ltancy Iirm LMG Emergqsaid, "India has an advantageover China as far as demograph-rc lactors are concerned. In thelongterm, therewillbe a dearthoftalented people in China dueto imposition of one child normbut India has no such problem.,,

"China is a guided economy.

The country is ruled bv author-itarian powcrs anrl even thechoice ofgiving birth l,o childrenis controlled hv lul.hor.itarianforces.Indiab economy is skrweras compared to Ohina but, theformer has an advanlagt' ovt'r'the latter due to its o1 xrn r,rr rrromyand democratic sct up," I)ijksaid on the sidelines ol't ht, cvu rl.He also said that India shoulrlforge economic collaborationswith WestAsia.

Kevin Bond, global headof Institutional Business

upur on otrruroay, HT PH0T0

Dovclolrrrrr,rrl ol' AshmoreInvcst.tttr,rrl. MrrrragemenILimilcrl, s;rirl irrvoiiing inemcrging rrr:rrkr,ls is risky andull lilct.ors lr:rvr,t,r lx,kt,pl. irrtrrirrd.

Julian Slrrrw, [rr,rrrl l{iskMlrnagrtncrrl, ol' I I'rnr:rl irrvosl.Itrt't11, 1111q1;;qg,'nrcnL Iinril.t'r'1,rlwt'lt orr vlrrious investmcnt,lisks inr'lutling idiosyn<.r':rtir.;rrrrl sysl lrrr;rtir. r.isks. .llrrrrlMcCurl hv ol'l'ermal llso s1xrk,,about the company profikr

Jahnavi Kumari .Mcwnt; rr

*Ihe Table Club CEO JamooBurkitt spoak at the launch ollndia chapler. HT pHoTo

member of rlrstwhilc royalfamily and worniln bchindJPM Capital trxrk t,ho loatl bybecoming the lilsl. uronrlx,r til':rn Indiafi business l";rnrilv ro.ioin the club.

"Lldaipul treing my birlhl,lir(.e was thc obvious choiceli rr the evgnt. ltliasthan needsl,o rlevelop corporate and busi-nr,ss ilpproach Lo uttract foreignirrvcstment in l,[rt' st,lbe. Thereis lol, of pol,r'rrl,i:rl irr oil, min-irrg, power nnrl ol Iu'r sectors,,,r;lro said.

sq.ffH,nnfVhere Chitdren $leetiil=fii#$l]lii'olffi i,,,

BHIL$IARA: Four realtors havedeclared a total of 17.9 croreunaccounted income to theincome tax (I-T) departmentauthorities.

About 200 sleuths fromJaipq, Jodhpu4 Udaipur, Kotaand Ajmer offlces of the I-Tdepartment had conducteda two-day search operationbeginning Thursday on morerhan half-a-dozen taxpayers inl,he real estale business in thedistrict.

About 21 places in the citywere searched that led to theseizure of several documentsrevealing undisclosed incbme

by Lhe taxpayers, sources in thodepartment said. Three build-ers and their associates huvotogether declared {7.9 cnrrr,black money the sources addrvl.

Meanwhile, the deparllnoltt.has recovered cash and,icwellery worth t21 Iakh from t.lu,houses and t41 lakh from t,lNroffices ofthe realtors. Besidc*,nine bank lockers have ulsrrbeen seized, the officials suid,"I{ departmentgot {2.82 cnu.orevenue from these raids rrs30% penalty on the undisclosrx.lincome. We are still scrutinisingthe documents seized from t,ht,builders and a final disclosurr,will be made in a day or Lwo,"said Sunil Mathur, I-T conrirris.sione4, Jodhpur.

Another high-profile wedding lights up JrdhpurSuresh Vyas{ hlrajLdhindustanlinros.com

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CBSE Classes V"X[ and tB DlpL0MA

oThe Table Glub member$ at the launch ol lndia chapter oI the club in udaipur on gaturday.

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