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It's raining CEOs in Bangalore these days. Last year Cisco Systems' John Chambers was here, as was Intel's Paul Otellini and Yahoo's David Filo. IBM's Sam Palmisano comes so often he is deemed a regular. Google's Eric Schmidt shocked his corporate minders by hopping into an auto-rickshaw, the three-wheeled contraption that masquerades as a cab in this temperate city on the Deccan Plateau. They come to ink deals, outsource work, hold meetings, or cheer employees in their vast India operations. Mostly, they come to take stock of local millionaires, many of whom have been captured in Thomas Friedman's best seller, The World Is Flat. The book's title was inspired by a conversation Friedman had with Bangalore resident Nandan Nilekani, who just happens to be CEO of the India IT giant Infosys.

Where to Sleep
Most state guests-Tony Blair, the World Bank's James Wolfensohn-stay at the gracious Windsor Sheraton, set in a quiet, leafy neighborhood. The century-old Taj West End is a favorite among the likes of George Soros, Pepsi's Indra Nooyi, and Yahoo's Jerry Yang. The opulent Leela Palace, with its Indian design sensibility and proximity to the airport, attracts fashion magnates and Bollywood stars who duck into Bangalore for a day. Centrally situated on Mahatma Gandhi Road-MG Road to locals-is the sprawling yet serene Oberoi, a favorite of New Age types like Deepak Chopra and Goldie Hawn as well as the chairmen of Honda and Toyota. Media barons like the spare rooms and the new poolside restaurant called Aqua at the hip Park Bangalore. The new Chancery Pavilion has a 24-hour check-in policy, which allows jet-lagged international travelers arriving at 4 a.m. to go to their room right away instead of waiting till noon.

Where to Eat
Diners wearing black and hankering after a risotto fit right in at Italia, at the Park Hotel, which serves good Italian to a young, upwardly mobile crowd. The Legend of Sikander does fantastic kebabs in a vaguely Egyptian setting. Its location within the Garuda Mall can be a downside if you detest crowds and color. Score points with locals by telling them you want to breakfast at MTR (Mavalli Tiffin Room), a no-reservations institution in Bangalore that dishes up zingy South Indian food. Set in a lovely Moorish bungalow, Olive Beach, an outpost of Mumbai's acclaimed Olive, lures magazine editors and the stylish crowd that trails them. Try the lobster risotto. Citrus, at the Leela Palace, has the best Sunday brunch in town; Yves Carcelle, CEO of Louis Vuitton, was recently spotted there.