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By Marcus Chen
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In a sprawling palace in western India, the “queen” or Maharani of Baroda welcomes guests with fragrant rose petals, presenting torchlit dances of Hindu myths. Dressed in glittering finery, Radhikaraje Gaekwad is a queen in name only, a modern businesswoman presiding over a world her ancestors once ruled. “The key has been that we have adapted,” the 48-year-old said in her vast Lakshmi Vilas Palace, describing how India’s former royals have found new roles, from cultural ambassadors to...