Protesters today prevented Railway Minister Mamata Banerjee from flagging off the Rourkela-Bhubaneswar Intercity Express from Rourkela station through video-conferencing.
Thousands of demonstrators rushed to the station and shouted slogans demanding an apology from Railway Minister Mamata Banerjee for not printing the invitation card of the function in Oriya.
Names of Congress M.P. Hemananda Biswal and local MLAs Sharada Nayak and Subrat Tarai, both from BJD, were also missing from the invitation cards, which were printed in Bengali, Hindi and English.
Saturday, February 13, 2010
Govt. to deploy new defence policy in a month - to boost indigenous weaopon development.
After a few piecemeal measures over the last decade to promote private sector participation in the arms manufacturing arena, the government is now finally formulating a defence production policy (DPP) to bolster the country's indigenous military-industrial base.
This comes in the backdrop of the acutely embarrassing situation wherein India, which fancies itself as a emerging superpower, still continues to import almost 70% of the requirements of its armed forces.
"We will bring in the DPP within a month or two... We have already held meetings with different stakeholders and industry chambers,'' said defence production secretary R K Singh on Friday, in the run-up to next week's DefExpo-2010.
This comes in the backdrop of the acutely embarrassing situation wherein India, which fancies itself as a emerging superpower, still continues to import almost 70% of the requirements of its armed forces.
"We will bring in the DPP within a month or two... We have already held meetings with different stakeholders and industry chambers,'' said defence production secretary R K Singh on Friday, in the run-up to next week's DefExpo-2010.
Politics in TN - change of scene every hour
Even as Tamil Nadu’s political scene undergoes a churning ahead of the 2011 Assembly elections, the postponement of the Pennagaram
bypoll in the state has become the focal point for bitter exchanges between the ruling DMK and the Opposition AIADMK.
AIADMK chief J Jayalalithaa on Friday reacted to DMK patriarch and chief minister M Karunanidhi’s statements raising questions about the election commission’s motives in postponing the byelection. She dismissed his insinuation that the EC could be favouring her party.
She said Mr Karunanidhi was trying to create an image that the EC was biased towards AIADMK which is “truly baseless”. In a statement issued from Chennai, the AIADMK chief said that during an all-party meet in December, all parties, barring the DMK, had favoured the postponement of the assembly by-poll.
bypoll in the state has become the focal point for bitter exchanges between the ruling DMK and the Opposition AIADMK.
AIADMK chief J Jayalalithaa on Friday reacted to DMK patriarch and chief minister M Karunanidhi’s statements raising questions about the election commission’s motives in postponing the byelection. She dismissed his insinuation that the EC could be favouring her party.
She said Mr Karunanidhi was trying to create an image that the EC was biased towards AIADMK which is “truly baseless”. In a statement issued from Chennai, the AIADMK chief said that during an all-party meet in December, all parties, barring the DMK, had favoured the postponement of the assembly by-poll.
Trio involved in the shooting of Indira Gandhi are honoured as martyrs in the Sikh gurdwara in Manukau, New Zealand.
Titled "Shaheed Bhai" - or martyr brother - the paintings of Satwant and Beant along with Kehar Singh, who was the co-conspirator, hang on the walls in the Takanini gurdwara alongside others who have been killed for their Sikh beliefs, the 'Weekend Herald' reported.
It said an inquiry by it has found images of the trio involved in the shooting of Indira Gandhi are honoured as martyrs in the Sikh gurdwara in Manukau, New Zealand.
Satwant and Beant, both bodyguards of the then Indian Prime Minister, fired more than 30 bullets into Gandhi on October 31, 1984.
The pictures have divided the Sikh community in Auckland -
and upset others in the Indian community. But few were willing to speak publicly on the matter, the report said.
It said an inquiry by it has found images of the trio involved in the shooting of Indira Gandhi are honoured as martyrs in the Sikh gurdwara in Manukau, New Zealand.
Satwant and Beant, both bodyguards of the then Indian Prime Minister, fired more than 30 bullets into Gandhi on October 31, 1984.
The pictures have divided the Sikh community in Auckland -
and upset others in the Indian community. But few were willing to speak publicly on the matter, the report said.
CBI unearths Rs 1 crore from SEBI's Asst.Gen.Mngr's account.
CBI has stumbled upon a cash haul of over Rs 1.29 crore from the bank lockers of an Assistant General Manager of market regular SEBI
who was arrested recently for allegedly accepting a bribe of Rs 25 lakh.
The accused official RP Singh, an AGM of the Securities and Exchange Board of India (SEBI) in Kolkata, was arrested by CBI's anti-corruption wing on January 27 this year.
The CBI recovered Rs 24 lakh from one locker, Rs 26 lakh from another locker and Rs 79 lakh from a third bank locker besides jewellery worth Rs 12 lakh, it claimed in Ne Delhi on Saturday.
The agency claimed to have recovered Rs 28 lakh from Singh's residence on the day he was arrested by the CBI.
who was arrested recently for allegedly accepting a bribe of Rs 25 lakh.
The accused official RP Singh, an AGM of the Securities and Exchange Board of India (SEBI) in Kolkata, was arrested by CBI's anti-corruption wing on January 27 this year.
The CBI recovered Rs 24 lakh from one locker, Rs 26 lakh from another locker and Rs 79 lakh from a third bank locker besides jewellery worth Rs 12 lakh, it claimed in Ne Delhi on Saturday.
The agency claimed to have recovered Rs 28 lakh from Singh's residence on the day he was arrested by the CBI.
Toyota to recall 8,000 Tacoma for possible cracks in drive shift comp.
Toyota Motor Corp will recall 8,000 pickups due to possible cracks in a common drive shaft component that Ford Motor Co and Nissan Motor
Co Ltd said posed no safety risk to their vehicles.
Toyota's decision to recall the 2010 model year Tacoma pickup trucks in the United States, which it announced on Friday, was the latest in a series of recalls that have hurt the automaker's sales and its reputation for quality.
The Toyota recall followed supplier Dana Holding Corp's report to US safety regulators that 34,000 drive shaft components it supplied to Toyota, Ford and Nissan could have cracks.
Co Ltd said posed no safety risk to their vehicles.
Toyota's decision to recall the 2010 model year Tacoma pickup trucks in the United States, which it announced on Friday, was the latest in a series of recalls that have hurt the automaker's sales and its reputation for quality.
The Toyota recall followed supplier Dana Holding Corp's report to US safety regulators that 34,000 drive shaft components it supplied to Toyota, Ford and Nissan could have cracks.
Obama calls the American Cos outsourcing projects to India as 'Tax evaders'
American president Barack Obama has once again targeted American companies having their operations in India to save taxes back home and called such businesses tax evaders. ( Watch )
"If you are a business here, entirely located in the US, and investing in the US, and hiring workers in the US, you are paying a 35 per cent rate," Obama said in an interview to the business magazine Bloomberg Business Week.
"However,if you are a multinational and you are investing in India, and your workforce is in India, and your plants and equipment are in India, but your headquarters are here, you are taking deductions on all the expenses in India, but you are keeping your profits outside the US; and that just doesn't seem entirely fair," he argued.
"If you are a business here, entirely located in the US, and investing in the US, and hiring workers in the US, you are paying a 35 per cent rate," Obama said in an interview to the business magazine Bloomberg Business Week.
"However,if you are a multinational and you are investing in India, and your workforce is in India, and your plants and equipment are in India, but your headquarters are here, you are taking deductions on all the expenses in India, but you are keeping your profits outside the US; and that just doesn't seem entirely fair," he argued.
SA depends on Steyn's magic again in Eden.
Dale Steyn produced one of the best spells by a fast bowler in India to help South Africa win the opening test and captain Graeme Smith is hoping he can replicate his performance in Kolkata.
Steyn returned a match haul of 10-108 to help set up South Africa's innings victory in Nagpur as the tourists took a 1-0 lead in their quest for a first test-series victory on Indian soil in almost a decade.
"I just think he has matured a lot, the way he has grown into...himself as a cricketer, the way he thinks about the game and obviously the skills he has got (are) a great asset to have," Smith told reporters on the eve of the second and final test starting on Sunday.
Steyn returned a match haul of 10-108 to help set up South Africa's innings victory in Nagpur as the tourists took a 1-0 lead in their quest for a first test-series victory on Indian soil in almost a decade.
"I just think he has matured a lot, the way he has grown into...himself as a cricketer, the way he thinks about the game and obviously the skills he has got (are) a great asset to have," Smith told reporters on the eve of the second and final test starting on Sunday.
Niassan in trouble after Suzuki-Volkswagen deal
Nissan Motor, Japan’s thirdlargest automaker, said it may need to find a new partner to manufacture its European small cars after Volkswagen bought a stake in Suzuki Motor, which supplies Nissan’s Pixo model.
“We don’t know yet whether that strategy is still good with Suzuki joining Volkswagen,” Nissan executive vice-president Colin Dodge said in an interview. “A lot of people believe not, and we’re thinking about it.”
Halting the Pixo would leave Nissan without a small, low-cost European model to compete with Fiat SpA’s Panda and Volkswagen’s Lupo in one of the few vehicle categories that is still growing. It would create a new hole in Nissan’s product planning after Chrysler backed out of a deal last year to supply cars and pickups. That commitment was canceled after Fiat bought a controlling stake in the US carmaker.
“We don’t know yet whether that strategy is still good with Suzuki joining Volkswagen,” Nissan executive vice-president Colin Dodge said in an interview. “A lot of people believe not, and we’re thinking about it.”
Halting the Pixo would leave Nissan without a small, low-cost European model to compete with Fiat SpA’s Panda and Volkswagen’s Lupo in one of the few vehicle categories that is still growing. It would create a new hole in Nissan’s product planning after Chrysler backed out of a deal last year to supply cars and pickups. That commitment was canceled after Fiat bought a controlling stake in the US carmaker.
TTSL asks TRAI to prefer the launch of 4G to 3G
Tata Teleservices on Thursday supported telecom regulator TRAI on kick-starting the process for 4G mobile telephony, saying it would
help India to come out with high-end services in line with the advanced countries.
"About 23 operators will be launching 4G by 2010. The 3G was launched in 2001 and we are already nine years behind. It should not happen also in 4G you become nine years behind," TTSL MD Anil Sardana said.
The 4G, known as the ultra-broadband, offers download at faster speed and high definition video on demand, among other services.
help India to come out with high-end services in line with the advanced countries.
"About 23 operators will be launching 4G by 2010. The 3G was launched in 2001 and we are already nine years behind. It should not happen also in 4G you become nine years behind," TTSL MD Anil Sardana said.
The 4G, known as the ultra-broadband, offers download at faster speed and high definition video on demand, among other services.
Maruti to stop M 800 sales in major cities from April 2010..
Almost 26 years after it changed personal mobility in this market, India’s first true hatch back Maruti 800 is finally on its way out. The car’s
partial phase-out will start in April 2010 as Maruti Suzuki has no plans to upgrade the old warhorse to meet the new Euro IV emission norms.
“Maruti 800 is not compliant with BS IV norms and we don’t have any intentions of making it complaint with BS IV”, said RC Bhargava, chairman, Maruti Suzuki. Maruti Suzuki has therefore decided to stop selling the car in 13 major cities from April 2010.
According to government guidelines, beginning April 2010, car makers will be allowed to sell only Euro IV compliant vehicles in the four metros and 9 other cities including Bangalore, Hyderabad, Pune, Ahmedabad, Agra and Surat.
partial phase-out will start in April 2010 as Maruti Suzuki has no plans to upgrade the old warhorse to meet the new Euro IV emission norms.
“Maruti 800 is not compliant with BS IV norms and we don’t have any intentions of making it complaint with BS IV”, said RC Bhargava, chairman, Maruti Suzuki. Maruti Suzuki has therefore decided to stop selling the car in 13 major cities from April 2010.
According to government guidelines, beginning April 2010, car makers will be allowed to sell only Euro IV compliant vehicles in the four metros and 9 other cities including Bangalore, Hyderabad, Pune, Ahmedabad, Agra and Surat.
Is it possible to 'Freeze' water with 'heat' ?
In what is a bizarre trick, scientists have come up with a way that can make water freeze solid as it's heating up.
Popular belief contends that water freezes at 32 degrees Fahrenheit (0 degrees Celsius).
Now, according to a report in Live Science, researcher Igor Lubomirsky at the Weizmann Institute of Science in Rehovot, Israel, and his colleagues have discovered another way to control the freezing point of water - via what are called quasi-amorphous pyroelectric thin films.
These surfaces change their electrical charge depending on their temperature.
Popular belief contends that water freezes at 32 degrees Fahrenheit (0 degrees Celsius).
Now, according to a report in Live Science, researcher Igor Lubomirsky at the Weizmann Institute of Science in Rehovot, Israel, and his colleagues have discovered another way to control the freezing point of water - via what are called quasi-amorphous pyroelectric thin films.
These surfaces change their electrical charge depending on their temperature.
ZEE - Hathway dispute on payments.. ZEE's office in Mumbai attacked...
The office of Zee Turner Ltd, a joint venture between Turner International and Essel group, was attacked here, police said today.
"We have registered a case of rioting and trespassing against six unidentified persons for damaging and attacking the office of Zee Turner at Vakola in suburban Mumbai," a senior police official told PTI.
"The six gathered in a group outside Zee Turner's office in Vakola last night and attacked the office, causing minor damage to property," the official said.
Meanwhile, Zee Turner, in a statement, said there was anon-going dispute between them and Hathway Cables over payment defaults.
"We have registered a case of rioting and trespassing against six unidentified persons for damaging and attacking the office of Zee Turner at Vakola in suburban Mumbai," a senior police official told PTI.
"The six gathered in a group outside Zee Turner's office in Vakola last night and attacked the office, causing minor damage to property," the official said.
Meanwhile, Zee Turner, in a statement, said there was anon-going dispute between them and Hathway Cables over payment defaults.
Telangana issue back on stage - leaders rejects terms of SriKrishna panel
It is back to shutdowns, protests and mass resignations in Andhra Pradesh with Telangana leaders cutting across party lines Friday rejecting the terms of reference of the Srikrishna panel on the statehood issue.
Describing the terms as "baseless, meaningless and mindless", the Telangana Rashtra Samiti (TRS) announced that its MPs and 11 legislators would quit.
Legislators of the ruling Congress party and the main opposition Telugu Desam Party (TDP) said they would take a decision on resignations at the all-party Joint Action Committee (JAC), which meets Saturday to chalk out its future course of action.
JAC convenor M. Kodandaram declared support to the Telangana shutdown called by student groups to protest the terms of the Srikrishna panel.
Describing the terms as "baseless, meaningless and mindless", the Telangana Rashtra Samiti (TRS) announced that its MPs and 11 legislators would quit.
Legislators of the ruling Congress party and the main opposition Telugu Desam Party (TDP) said they would take a decision on resignations at the all-party Joint Action Committee (JAC), which meets Saturday to chalk out its future course of action.
JAC convenor M. Kodandaram declared support to the Telangana shutdown called by student groups to protest the terms of the Srikrishna panel.
Foreign Secys of India & Pak to meet on Feb 25
Good relations between Pakistan and India are vital for fighting Islamist militancy, Pakistani president Asif Ali Zardari said on Saturday, as the old rivals prepare for their first official talks since the Mumbai attack.
Top officials in the foreign ministries of the two nuclear-armed neighbours are to meet in New Delhi on Feb 25 after India this month offered to hold high-level talks.
In a meeting with Pakistan's high commissioner, or ambassador, to India, Zardari said Pakistan wanted "meaningful and result-oriented talks' with India.
That, he said, would include resumption of the full peace process centred on so-called composite dialogue covering all bilateral problems, including their core dispute over the Himalayan region of Kashmir.
"Good neighbourly relations are essential for the welfare of both countries and also for fighting militancy," a statement from Zardari's office quoted him as saying.
New Delhi suspended a four-year-old peace process with Pakistan after the attack on the Indian city of Mumbai by Pakistan-based Islamist militants in 2008 that killed 166 people.
India had demanded action against the militants it says were behind the assault before the peace process could resume, but offered dialogue despite little progress in Pakistan's prosecution of seven suspects.
The United States has also urged the two countries to resume engagement to help stabilise Afghanistan, where it is deploying tens of thousands more troops into battle against the militants.
An easing of tension with India would help Pakistan to focus on its fight on al Qaeda-linked militants on its western borders with Afghanistan.
Indian officials say they offered Pakistan open-ended talks on all issues affecting peace and security, emphasising counter-terrorism.
Analysts expect no breakthrough on core disputes, but say any renewed engagement after more than a year is a good sign.
The neighbours have fought three wars since securing independence in 1947, two of them over Muslim-majority Kashmir, which both claim in full but rule in part.
Top officials in the foreign ministries of the two nuclear-armed neighbours are to meet in New Delhi on Feb 25 after India this month offered to hold high-level talks.
In a meeting with Pakistan's high commissioner, or ambassador, to India, Zardari said Pakistan wanted "meaningful and result-oriented talks' with India.
That, he said, would include resumption of the full peace process centred on so-called composite dialogue covering all bilateral problems, including their core dispute over the Himalayan region of Kashmir.
"Good neighbourly relations are essential for the welfare of both countries and also for fighting militancy," a statement from Zardari's office quoted him as saying.
New Delhi suspended a four-year-old peace process with Pakistan after the attack on the Indian city of Mumbai by Pakistan-based Islamist militants in 2008 that killed 166 people.
India had demanded action against the militants it says were behind the assault before the peace process could resume, but offered dialogue despite little progress in Pakistan's prosecution of seven suspects.
The United States has also urged the two countries to resume engagement to help stabilise Afghanistan, where it is deploying tens of thousands more troops into battle against the militants.
An easing of tension with India would help Pakistan to focus on its fight on al Qaeda-linked militants on its western borders with Afghanistan.
Indian officials say they offered Pakistan open-ended talks on all issues affecting peace and security, emphasising counter-terrorism.
Analysts expect no breakthrough on core disputes, but say any renewed engagement after more than a year is a good sign.
The neighbours have fought three wars since securing independence in 1947, two of them over Muslim-majority Kashmir, which both claim in full but rule in part.
Bandh in Shimla to protest agaonst cow Slaughtery
Normal life was hit in the Himachal Pradesh capital on Saturday as private business establishments adhered to the shutdown call by various Hindu organisations and remained closed to protest the slaughter of a cow near Shimla.
Eyewitnesses said activists of the Bajrang Dal and other organisations staged a demonstration in the city and forced the shopkeepers to close their shops. However, there was no report of any untoward incident.
The Hindu organisations have called for a shutdown from 10 a.m. to 2 p.m.
Violent protests erupted Friday in villages of Shimla district over the slaughter. A mosque and a few shops that were open were attacked at Nerwa, some 120 km from here.
Superintendent of Police R.M. Sharma told that the situation in Shimla was under control.
"We have deployed more than 200 (extra) police personnel in Shimla to monitor the situation. Law and order will be maintained," he said.
In the villages, however, life returned to normal on Saturday.
Eyewitnesses said activists of the Bajrang Dal and other organisations staged a demonstration in the city and forced the shopkeepers to close their shops. However, there was no report of any untoward incident.
The Hindu organisations have called for a shutdown from 10 a.m. to 2 p.m.
Violent protests erupted Friday in villages of Shimla district over the slaughter. A mosque and a few shops that were open were attacked at Nerwa, some 120 km from here.
Superintendent of Police R.M. Sharma told that the situation in Shimla was under control.
"We have deployed more than 200 (extra) police personnel in Shimla to monitor the situation. Law and order will be maintained," he said.
In the villages, however, life returned to normal on Saturday.
RBI classifies Infra finance Cos as NBFCs.
The Reserve Bank of India or RBI on Friday classified infrastructure finance companies as non banking finance company, the central bank said in a notification. The move comes after a number of NBFCs engaged in infrastructure financing made a representation to the banking regulator seeking a separate category of infrastructure financing NBFCs in view of the critical role played by them in providing credit to the infrastructure sector.
“Currently, the RBI classifies NBFCs under three categories-- asset finance companies, loan companies and investment companies. It has now been decided to introduce a fourth category of NBFCs as infrastructure finance companies (IFCs),’’ RBI said.
To be categorised as an NBFC the IFC should have a networth of about Rs300crore, capital adequacy ratio of 15% and a minimum credit rating of ’A’ or equivalent from accredited rating agencies.
The central bank has also permitted these NBFCs to exceed the concentration of credit norms in lending and investment. According to the RBI guidelines no financial institution can lend in excess of 10% of its net owned funds to any single borrower and in excess of 15% of its net owned funds to any single group of borrowers.
“Currently, the RBI classifies NBFCs under three categories-- asset finance companies, loan companies and investment companies. It has now been decided to introduce a fourth category of NBFCs as infrastructure finance companies (IFCs),’’ RBI said.
To be categorised as an NBFC the IFC should have a networth of about Rs300crore, capital adequacy ratio of 15% and a minimum credit rating of ’A’ or equivalent from accredited rating agencies.
The central bank has also permitted these NBFCs to exceed the concentration of credit norms in lending and investment. According to the RBI guidelines no financial institution can lend in excess of 10% of its net owned funds to any single borrower and in excess of 15% of its net owned funds to any single group of borrowers.
Adobe issues 2 more security holes..
Adobe on Thursday issued two security bulletins to address vulnerabilities in its Flash Player software and in its LiveCycle and ColdFusion software.
It also issued a security advisory about vulnerabilities in its Reader and Acrobat software that will be addressed in a patch next week.
The Flash Player vulnerability is designated "critical" and affects version 10.0.42.34 and earlier. Flash Player 10.0.45.2 resolves the issue and is available for download.
The vulnerability affecting LiveCycle 9.0, 8.2.1 and 8.0.1, and ColdFusion 9.0, 8.0.1, 8.0 and 7.0.2, resides in the BlazeDS 3.2 component, or earlier, and has been rated "important." Adobe has posted fix details on its Web site.
Adobe's advisory warns of "critical" flaws in Reader 9.3 for Windows, Macintosh and UNIX, Acrobat 9.3 for Windows and Macintosh, and Reader 8.2 and Acrobat 8.2 for Windows and Macintosh.
"This vulnerability (CVE-2010-0186) could subvert the domain sandbox and make unauthorized cross-domain requests," Adobe's advisory says.
Adobe plans to make a fix available on February 16.
It also issued a security advisory about vulnerabilities in its Reader and Acrobat software that will be addressed in a patch next week.
The Flash Player vulnerability is designated "critical" and affects version 10.0.42.34 and earlier. Flash Player 10.0.45.2 resolves the issue and is available for download.
The vulnerability affecting LiveCycle 9.0, 8.2.1 and 8.0.1, and ColdFusion 9.0, 8.0.1, 8.0 and 7.0.2, resides in the BlazeDS 3.2 component, or earlier, and has been rated "important." Adobe has posted fix details on its Web site.
Adobe's advisory warns of "critical" flaws in Reader 9.3 for Windows, Macintosh and UNIX, Acrobat 9.3 for Windows and Macintosh, and Reader 8.2 and Acrobat 8.2 for Windows and Macintosh.
"This vulnerability (CVE-2010-0186) could subvert the domain sandbox and make unauthorized cross-domain requests," Adobe's advisory says.
Adobe plans to make a fix available on February 16.
Smith's finger injury makes his presence doubtful for the 2nd test.
South Africa captain Graeme Smith is in doubt for the second test against India starting Sunday, with the visitors needing only a draw to clinch a series victory and reclaim top spot in the world test rankings.
Smith injured the little finger on his left hand during catching practice on Friday. A scan showed ligament damage that could threaten his participation in the Eden Gardens test.
"There has been considerable swelling," media spokesman Michael Owen-Smith said.
"We have to wait for the next 24 hours to see how things are."
Smith was expected to test out the injury at a net session on Saturday.
Smith injured the little finger on his left hand during catching practice on Friday. A scan showed ligament damage that could threaten his participation in the Eden Gardens test.
"There has been considerable swelling," media spokesman Michael Owen-Smith said.
"We have to wait for the next 24 hours to see how things are."
Smith was expected to test out the injury at a net session on Saturday.
IPL bans Ravindra Jadeja for a yr.
The governing council of Indian Premier League (IPL) on Saturday imposed a one-year ban on Ravindra Jadeja for non-adherence to the IPL players' guidelines.
"The ban was on account of Ravindra Jadeja not signing the renewal contract with the Rajasthan Royals and attempting instead to negotiate a larger financial contract with some of the other IPL franchises, thus resulting in a serious non-adherence to the IPL player guidelines," IPL said in a statement.
Jadeja will not be able to play in the third edition of IPL beginning March 12.
"The ban was on account of Ravindra Jadeja not signing the renewal contract with the Rajasthan Royals and attempting instead to negotiate a larger financial contract with some of the other IPL franchises, thus resulting in a serious non-adherence to the IPL player guidelines," IPL said in a statement.
Jadeja will not be able to play in the third edition of IPL beginning March 12.
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