December 22, 1928 (Send Money to India)

December 22, 1928  (Send Money to India)

December 22, 1928 
Unless Carter Oil Company beings its monster gas well near Wolf under control in the next few days, the State Bureau of Mines will order that the torch be applied, according to information received here. This report has been current in oilfield circles for two or three days, it seems.

Institutions in an Age of Globalization 
The challenges to developing a global multilateral trading system are many. As Mervyn King governor of the Bank of England argues, the international institutions created after World War II are no longer sufficient.

Comment: Asked to choose between rice and ringtones 
The wireless industry's laudable goal of reaching out to the emerging world appears to have been derailed by the credit industry in the year since it was first announced.

ICICI Bankrolls India Consumer Boom as Stock Jumps 63 Percent 
Feb. 21 (Bloomberg) -- In 1999, Mumbai-based Pantaloon Retail India Ltd. consisted of five Western-style clothing stores in five cities. Revenue for the chain was 1.35 billion rupees a year. Kishore Biyani, Pantaloon's owner, had ambitions to grow much larger.