Cinepolis will build multiplexes in Bangalore, Jaipur, Mumbai, Hyderabad, Thane, Surat, Ahmedabad, Patna and Bhopal

The financial crisis and the speed with which different countries are recuperating from the crisis are expected to hasten the tectonic shift in global wealth distribution to the East, with China, India and Middle East emerging as new wealth centers.

The UK-based Standard Chartered, foreseeing a rise in profits in the Indian scene is set to make a mark in India by becoming the first foreign bank to list in the country’s stock exchanges.

A recent report released jointly by the Confederation of Indian Industry (CII) and KPMG, a global auditing firm, has said that private equity (PE) funds will be preferred for capital growth and India will gain PE investments amounting to around $10 billion by the end of the year.

A joint research conducted by the Purdue University and the University of New South Wales, Australia has calculated the highest “wet-bulb” temperature that can be tolerated by humans and revealed that this temperature limit could be surpassed if greenhouse gases continue to be emitted at the present rate.

Nobody is sure yet, but there is a possibility that the long term environmental impact of the BP Oil Spill in the Gulf of Mexico could get really, really bad for a lot of states.

The environmental threat created by the BP’s oil spill into the Gulf of Mexico has increased sharply and the US authorities fear that about five times more oil could be leaking into the water per day.