The India Club's restaurant. Photo: The India Club
The India Club's restaurant. Photo: The India Club
The India Club's restaurant. Photo: The India Club
The India Club's restaurant. Photo: The India Club


London's India Club closing down is a loss that belongs in a different category


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  • Arabic

August 28, 2023

With the windows flung open above London’s Strand and a queue snaking up the stairs, the India Club looks like an establishment in rude health. The truth is that it is the last days of empire at the venerable meeting spot, with the club having been served a notice by the landlords to make way for a more modernised hotel.

Nostalgia is powering a wave of visitors in these final days of summer, a member of the proprietor’s family told me when I popped in last week. There’s nothing wrong with that – it shows how humans even in a big anonymous city form attachments and associate with legends in ways that go beyond mere food.

As backstories go, the India Club can rival any in London.

To this day, it is just metres from the India High Commission. It dates to 1951 when VK Krishna Menon, the first Indian high commissioner to the UK, wanted a focal point for the nationalist movement in the British capital.

It has, at times, resembled more the dining room of a hostel than a gentleman’s club common room that has always been something to overlook. Devotees are legion even as the Indian dining scene has exploded over many decades.

The announcement of the closure came at the same time as the Michelin-starred Le Gavroche, another pioneer of the food scene, also said it was closing. People mused on a choice between a final visit to one or the other. Comparisons may be made, but the India Club to my mind belongs to a different category of loss.

When a National Trust exhibition on it was staged on the premises in 2019, the club described itself as a community asset. Its owners point out that that it remains a hub for Indo-British groups, including the Calcutta Rowing Club, Goan Association and the Curry Club.

A meal served at the India Club. Photo: The India Club
A meal served at the India Club. Photo: The India Club

Oral histories from the exhibition are now lodged with the British Library, including that of David, son of Joseph, the legendary waiter. The senior Mr Joseph arrived in England in 1957 and had one job working at the club until he retired in 1993.

A previous closure threat, when the owners sought to redevelop No 143 Strand, garnered more than 20,000 signatures and the council scrapped the application.

I see it as belonging to that intersection of the London traditions – a club – with the historical role the country played for diasporas and independence movements. I would cite as its peer the Polish Club, overlooking Hyde Park.

At an early summer reception in the Polish Club, which now survives with high hospitality events, I found myself explaining the history of the Free Polish forces and their London base in that grand building to another guest. A similar aura surrounded the Irish Club in Eaton Square, where acknowledgement of post-independence ties with London were at the forefront of the association. It eventually disappeared in 2011.

Owner Yadgar Marker and his daughter Phiroza have fought for decades to keep the institution going

The Indian politician Shashi Tharoor issued a fond lament for the Strand institution last week that summed up its span of interests.

“As the son of one of its founders, I lament the passing of an institution that served so many Indians [and not only Indians] for nearly three-quarters of a century,” he wrote on X. “For many students, journalists and travellers, it was a home away from home, offering simple and good quality Indian food at affordable prices as well as a convivial atmosphere to meet and maintain friendships.”

At an official level, Britain is desperate to nurture its ties with India. The priority placed by diplomats on links with the country has seen the UK dramatically expand its presence in the country. Just last week, Business and Trade Secretary Kemi Badenoch was in Jaipur where she talked of the final stages of negotiations for a Free Trade Agreement.

Window seats overlooking The Strand in London. Photo: The India Club
Window seats overlooking The Strand in London. Photo: The India Club

Post-Brexit the UK thinks its total annual trade with India could grow at 25 per cent to an annual £9 billion ($11 billion). Importantly, the FTA deal has an unprecedented provision for travel between the two countries. Ms Badenoch says that “business mobility” is on the table, something that New Delhi has made a priority.

This means there are plenty of reasons for a hub for the relationship to exist. As the premises around the newish American embassy in London demonstrate, the diplomatic HQ tends to cluster country-themed businesses nearby. The India House, which is the Indian diplomatic mission in the UK, will still need an outer office in London, as the late Mr Menon envisaged more than seven decades ago.

There could yet be a post-script to this story. Owner Yadgar Marker and his daughter Phiroza have fought for decades to keep the institution going. As its website says, its interior is untouched by time. A younger member of the family tells me that they are looking to set up elsewhere after the shutters are finally drawn on September 17.

I wished him good luck. The mementos on the walls of the India Club could provide retro continuity in another space.

The feel of home for visiting Indians, and of authenticity for Londoners, need not be lost. Good concepts are transferrable, and I promise an update here if and when it rises like a phoenix.

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The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

Results

5pm: Al Maha Stables – Maiden (PA) Dh80,000 (Turf) 1,600m; Winner: Reem Baynounah, Fernando Jara (jockey), Mohamed Daggash (trainer)

5.30pm: Wathba Stallions Cup – Maiden (PA) Dh70,000 (T) 1,600m; Winner: AF Afham, Tadhg O’Shea, Ernst Oertel

6pm: Emirates Fillies Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Ghallieah, Sebastien Martino, Jean-Claude Pecout

6.30pm: Emirates Colts Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Yas Xmnsor, Saif Al Balushi, Khalifa Al Neyadi

7pm: The President’s Cup – Group 1 (PA) Dh2,500,000 (T) 2,200m; Winner: Somoud, Adrie de Vries, Jean de Roualle

7.30pm: The President’s Cup – Listed (TB) Dh380,000 (T) 1,400m; Winner: Haqeeqy, Dane O’Neill, John Hyde.

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

The Baghdad Clock

Shahad Al Rawi, Oneworld

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

'Ashkal'
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F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

UAE currency: the story behind the money in your pockets
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Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

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UAE currency: the story behind the money in your pockets
SERIE A FIXTURES

Saturday Spezia v Lazio (6pm), Juventus v Torino (9pm), Inter Milan v Bologna (7.45pm)

Sunday Verona v Cagliari (3.30pm), Parma v Benevento, AS Roma v Sassuolo, Udinese v Atalanta (all 6pm), Crotone v Napoli (9pm), Sampdoria v AC Milan (11.45pm)

Monday Fiorentina v Genoa (11.45pm)

While you're here
Our legal advisor

Rasmi Ragy is a senior counsel at Charles Russell Speechlys, a law firm headquartered in London with offices in Europe, the Middle East and Hong Kong.

Experience: Prosecutor in Egypt with more than 40 years experience across the GCC.

Education: Ain Shams University, Egypt, in 1978.

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Updated: October 05, 2023, 12:37 PM