Cruises are not just fun, they’re also good business. Internationally, over 20 million passengers took a cruise holiday in 2011. The sector is growing at an annual rate of 12 per cent globally. A World Tourism Organisation (WTO) study indicates that 1.4 per cent of all international arrivals worldwide are cruise tourists. Moreover, every cruise tourist stopping at a port brings in welcome cash in her wake—$94 per cruise tourist per port, according to one report.
Newsmaker: V Prem Watsa V Prem Watsa, the India-born billionaire and promoter-chairman of Toronto-based Fairfax Financial Holdings, a $30-billion plus insurance and investmen
BS People: V K Saraswat On April 19, after Agni-V hit its designated target far out in the Indian Ocean, the photograph of V K Saraswat being hoisted up by a fellow scientist
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