Business & Finance: Deals & Developments

In India. Poona, where St. Gandhi was incarcerated from May until February (TIME, May 12, Feb. 9), is a city of 200,000. In Summer it is filled with vacationing Bombayans.

There are only 40,000 people in Broach, 200 miles north of Bombay. But Broach, in the heart of the cotton district, hums with spinning and weaving mills, gins, oil presses.

Karachi is a seaport on the Arabian Sea. It is the terminus of the London-India air mail and many industries are sprouting there.

Recently United Eastern Agencies, Ltd. acquired the managing...

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