The United Nations narcotics control division, International Narcotics Control Board (INCB), has blamed India for the rising drug abuse in its neighbourhood, particularly in Bangladesh and Bhutan.
Worse, the UN agency says India is the primary source of injectible drugs such as pethidine and morphine widely abused in these countries. In fact, more and more addicts in these countries are shifting to injectible narcotics abuse.
Thursday, February 25, 2010
Wednesday, February 24, 2010
Airwaves must be saved to offer quality mobile telephony in future- RIM CEO
Taking aim at rivals like Apple Inc, BlackBerry-maker Research in Motion Ltd said on Tuesday that smartphone manufacturers must start developing less bandwidth-guzzling products or risk choking already congested airwaves.
As users abandon traditional cellphones for netbooks, wireless modems and feature-rich smartphones, like Apple's iPhone, wireless data traffic has exploded and is threatening to saturate network capacity, RIM co-CEO Mike Lazaridis said.
Wireless carriers, especially in congested North American urban centers, are already showing signs of stress, with dropped calls and slower data transfer speeds.
As users abandon traditional cellphones for netbooks, wireless modems and feature-rich smartphones, like Apple's iPhone, wireless data traffic has exploded and is threatening to saturate network capacity, RIM co-CEO Mike Lazaridis said.
Wireless carriers, especially in congested North American urban centers, are already showing signs of stress, with dropped calls and slower data transfer speeds.
Sony Ericsson & Samsung introduces new Smart Phones to compete with the giants in the market
Samsung Electronics and Sony Ericsson unveiled their new top smartphone models on Sunday, both hoping to improve their positions in the more lucrative part of the phone market.
Samsung, the world No 2 handset maker, unveiled its flagship smartphone model Wave -- using a new touch screen technology and the first phone to use its bada operating system.
"Samsung's commitment to Bada is underlined by the fact that it is using it to power its flagship product for the show but it's going to be an uphill struggle to get the developer community on board," said Ben Wood, research director at CCS Insight.
Samsung, the world No 2 handset maker, unveiled its flagship smartphone model Wave -- using a new touch screen technology and the first phone to use its bada operating system.
"Samsung's commitment to Bada is underlined by the fact that it is using it to power its flagship product for the show but it's going to be an uphill struggle to get the developer community on board," said Ben Wood, research director at CCS Insight.
3 Cos in EU complains against Google in Antitrust regulators
European Union antitrust regulators said on Wednesday they were looking into complaints filed by three online companies against Google.
"The (European) Commission can confirm that it has received three complaints against Google which it is examining. The Commission has not opened a formal investigation for the time being," the EU executive said in a statement.
The Commission did not identify the companies.
Google said earlier on Wednesday that British price comparison site Foundem, French legal search engine ejustice.fr and Microsoft Corp- owned Ciao from Bing had complained to the Commission regarding its practices.
"The (European) Commission can confirm that it has received three complaints against Google which it is examining. The Commission has not opened a formal investigation for the time being," the EU executive said in a statement.
The Commission did not identify the companies.
Google said earlier on Wednesday that British price comparison site Foundem, French legal search engine ejustice.fr and Microsoft Corp- owned Ciao from Bing had complained to the Commission regarding its practices.
Pak army fired at us says BSF, Pak rangers denies the reports
Indian border guards said their troops came under fire from Pakistan on Wednesday, a day before the two nuclear-armed neighbours are set for the first official talks since the 2008 Mumbai attacks.
"The firing from across the border started early morning. A BSF (Border Security Force) personnel was injured," Vinod Sharma, a spokesman for the border guards, Reuters reports.
Pakistan denied any shooting by its troops.
"The firing from across the border started early morning. A BSF (Border Security Force) personnel was injured," Vinod Sharma, a spokesman for the border guards, Reuters reports.
Pakistan denied any shooting by its troops.
Akio Toyoda- Prez Toyota - to face probe in US on safety concerns in the products
The president of Toyota will face tough questioning from US politicians later as their probe into safety problems at the firm continues.
Akio Toyoda is to be quizzed on events that led to 8.5 million vehicles being recalled worldwide and how his firm responded to the public's concerns.
Mr Toyoda has already released opening remarks which admitted that the firm's expansion "may have been too quick".
The Congress committee has already been scathing of Toyota's US boss.
Akio Toyoda is to be quizzed on events that led to 8.5 million vehicles being recalled worldwide and how his firm responded to the public's concerns.
Mr Toyoda has already released opening remarks which admitted that the firm's expansion "may have been too quick".
The Congress committee has already been scathing of Toyota's US boss.
UP revokes ban on sugar import to check the rise of sugar price
Shares in sugar firms opened down more than 1 percent on Wednesday after media reported that the Uttar Pradesh government revoked a ban on imports of raw sugar, making available an additional 1 million tonnes of the sweetener in the open market.
The move will pressure sugar prices in the local market, hurting companies' realisations, traders said.
Economic Times and Financial Express newspapers reported on Wednesday that the northern state lifted the ban late on Tuesday to tame rising prices.
The move will pressure sugar prices in the local market, hurting companies' realisations, traders said.
Economic Times and Financial Express newspapers reported on Wednesday that the northern state lifted the ban late on Tuesday to tame rising prices.
Nemmeli desalination plant will be operational by Dec 2011-- Dy CM
The 100-MLD (million litres per day) capacity desalination plant at Nemmeli on East Coast Road will be commissioned by December 2011, Deputy Chief Minister M.K. Stalin said here on Tuesday.
Laying the foundation stone for the plant, he said many suburban areas en route to the site would benefit once the plant is commissioned. The Centre had released Rs.300 crore as the first instalment of the total grant of Rs.871.24 crore announced for the scheme.
The 40.05-acre site chosen for the plant was taken on a lease of 30 years by Chennai Metrowater.
Laying the foundation stone for the plant, he said many suburban areas en route to the site would benefit once the plant is commissioned. The Centre had released Rs.300 crore as the first instalment of the total grant of Rs.871.24 crore announced for the scheme.
The 40.05-acre site chosen for the plant was taken on a lease of 30 years by Chennai Metrowater.
Nemmeli desalination plant will be operational by Dec 2011-- Dy CM
The 100-MLD (million litres per day) capacity desalination plant at Nemmeli on East Coast Road will be commissioned by December 2011, Deputy Chief Minister M.K. Stalin said here on Tuesday.
Laying the foundation stone for the plant, he said many suburban areas en route to the site would benefit once the plant is commissioned. The Centre had released Rs.300 crore as the first instalment of the total grant of Rs.871.24 crore announced for the scheme.
The 40.05-acre site chosen for the plant was taken on a lease of 30 years by Chennai Metrowater.
Laying the foundation stone for the plant, he said many suburban areas en route to the site would benefit once the plant is commissioned. The Centre had released Rs.300 crore as the first instalment of the total grant of Rs.871.24 crore announced for the scheme.
The 40.05-acre site chosen for the plant was taken on a lease of 30 years by Chennai Metrowater.
American Towers confirms its deal to buy Essar Towers of India
Telecoms tower firm American Tower Corp is close to signing a deal to buy Essar Group's telecom towers in India for an enterprise value of $450 million, a person familiar with the deal said on Wednesday. "The deal is done. Total value is $450 million including some debt," the source said, adding an announcement could be made only after the companies sign formal documents.
The Economic Times on Wednesday reported the deal and said an announcement was likely later in the day. It said the valuation included $300 million in equity and assumption of $150 million of debt held by India-based Essar's tower business.
U.S.-based American Tower is spreading its wings in India and bought local tower firms Xcel Telecom and Transcend last year. The company currently owns about 2,000 tower sites in India, and more than 26,000 globally, according to its website.
The Economic Times on Wednesday reported the deal and said an announcement was likely later in the day. It said the valuation included $300 million in equity and assumption of $150 million of debt held by India-based Essar's tower business.
U.S.-based American Tower is spreading its wings in India and bought local tower firms Xcel Telecom and Transcend last year. The company currently owns about 2,000 tower sites in India, and more than 26,000 globally, according to its website.
Track record in Gwalior - a positive edge for Men in Blue
A narrow one-run win over the proteas in the first match of the series notwithstanding, the Indian team's morale would be high going into the second match today given their record at the Captain Roop Singh Stadium here.
The hosts have won seven out of the nine ODI's that they have played here including one against South Africa, when they trounced the visitors by 38 runs in a 45 over-match on November 12, 1991.
Despite the then skipper and now batting coach Kepler Wessels' valiant knock of 71, India tamed the proteas following half centuries by Kris Srikkanth (68), Navjot Singh Sidhu (61) and Sanjay Manjrekar (52). Batting maestro Sachin
Tendulkar could contribute only four runs in that match.
The hosts have won seven out of the nine ODI's that they have played here including one against South Africa, when they trounced the visitors by 38 runs in a 45 over-match on November 12, 1991.
Despite the then skipper and now batting coach Kepler Wessels' valiant knock of 71, India tamed the proteas following half centuries by Kris Srikkanth (68), Navjot Singh Sidhu (61) and Sanjay Manjrekar (52). Batting maestro Sachin
Tendulkar could contribute only four runs in that match.
Bihar & WB are the states always highlighted in Railway Budget.
Mamata Banerjee will be presenting her second Railway Budget on Wednesday.
No other ministry is as political as the Railway Ministry, for if one cannot give a train to his/her state and can not understand the art of distributing political largesse then that person cannot be the person heading the Rail Bhawan.
"Every single railway minister has sought to nurse his or her constituency," says political analyst Paranjoy Guha Thakurta.
For the past fifteen years it has been West Bengal and Bihar that have been showered by gifts in the form of new trains, stations and rail projects. The railway ministers are all strong regional players.
No other ministry is as political as the Railway Ministry, for if one cannot give a train to his/her state and can not understand the art of distributing political largesse then that person cannot be the person heading the Rail Bhawan.
"Every single railway minister has sought to nurse his or her constituency," says political analyst Paranjoy Guha Thakurta.
For the past fifteen years it has been West Bengal and Bihar that have been showered by gifts in the form of new trains, stations and rail projects. The railway ministers are all strong regional players.
Maoists in return send a mobile number Home ministry to contact them
Maoist leaders will respond to the Union Home Ministry by sending a fax about their 72-day ceasefire proposal on Wednesday.
The Ministry had on Tuesday released statement signed by Home Minister P Chidambaram which called for the Maoists to send a fax about their ceasefire offer.
"I would like a short, simple statement from Communist Party of India-Maoist (CPI-Maoists). I would like no ifs, no buts. They should send the fax to 011-23093155. Once we receive the fax, I'll consult the Prime Minister and other colleagues and respond promptly," Home Ministry Spokesperson Onkar Kedia read from the statement.
The Ministry had on Tuesday released statement signed by Home Minister P Chidambaram which called for the Maoists to send a fax about their ceasefire offer.
"I would like a short, simple statement from Communist Party of India-Maoist (CPI-Maoists). I would like no ifs, no buts. They should send the fax to 011-23093155. Once we receive the fax, I'll consult the Prime Minister and other colleagues and respond promptly," Home Ministry Spokesperson Onkar Kedia read from the statement.
Another Person abducted in Pak, demanding 10 million ransom
Even as Pakistan's Sikh community mourns the lost of 2 of its members, a Pakistani Hindu has now been abducted in Peshwar and a huge ransom demanded for his release.
Robin Singh, a computer engineer by profession was kidnapped by unknown persons from a market on Peshwar's University Road last Friday -- Singh was kidnapped while heading to the town of Nowshera for some work.
The kidnappers have demanded 10 million rupees from Singh's relatives. His brother, Rajan has registered a case at Peshawar's West Cantonment police station. In a statement issued yesterday, President Asif Ali Zardari condemned the kidnapping of Robin Singh.
Robin Singh, a computer engineer by profession was kidnapped by unknown persons from a market on Peshwar's University Road last Friday -- Singh was kidnapped while heading to the town of Nowshera for some work.
The kidnappers have demanded 10 million rupees from Singh's relatives. His brother, Rajan has registered a case at Peshawar's West Cantonment police station. In a statement issued yesterday, President Asif Ali Zardari condemned the kidnapping of Robin Singh.
Goa - party town to drug & rape town
Goa is emerging as a drug and sex destination, the state's apex commerce and industry lobbying group has said.
The Goa Chamber of Commerce and Industry (GCCI) has issued strict caution to the state government, asking it to shore up its act on tourism, in a pre budget note which was handed over to chief minister Digambar Kamat on Tuesday.
"Tourism in Goa of late is getting a bad name with Goa slowly emerging as a drug and sex destination," GCCI president Cesar Menezes said in the pre budget note. Lamenting the fact that Goa's top grossing industry was lying in shambles, Menezes said that much needed to be done on the tourism front to save the sector from doom.
The Goa Chamber of Commerce and Industry (GCCI) has issued strict caution to the state government, asking it to shore up its act on tourism, in a pre budget note which was handed over to chief minister Digambar Kamat on Tuesday.
"Tourism in Goa of late is getting a bad name with Goa slowly emerging as a drug and sex destination," GCCI president Cesar Menezes said in the pre budget note. Lamenting the fact that Goa's top grossing industry was lying in shambles, Menezes said that much needed to be done on the tourism front to save the sector from doom.
Tuesday, February 23, 2010
Aqua Logistics shares rose by 7% on the day of its listing in BSE
Shares of Aqua Logistics, a third party logistics provider, listed at 219.40 rupees on the BSE on Tuesday, a narrow discount to its issue price of 220 rupees a share, but rose as much as 6.5% in early trade.
The firm's shares listed at Rs 225 on the NSE.
The firm is raising about Rs 1.5 billion through the issue 6.87 million shares.
Saffron Capital Advisors and Centrum Capital were the managers to the issue.
At 9:02 am shares were trading at Rs 230.5 after hitting a high of 234.4 rupees on the BSE in a weak Mumbai market.
The firm's shares listed at Rs 225 on the NSE.
The firm is raising about Rs 1.5 billion through the issue 6.87 million shares.
Saffron Capital Advisors and Centrum Capital were the managers to the issue.
At 9:02 am shares were trading at Rs 230.5 after hitting a high of 234.4 rupees on the BSE in a weak Mumbai market.
Wipro employee alleged for $4million fraud in the company commits suicide
Anoop Agarwal, the employee allegedly responsible for a $4 million fraud at Wipro, is believed to have committed suicide.
"The employee committed suicide within 10 days of the incident coming to light", a Wipro source told on condition of anonymity.
There was, however, no official word from either the police or the company on how he died.
Agarwal had been working with the company for the past three years in the ‘controllership’ division within the finance department. This cell is responsible for keeping the company’s financial books and also has powers to authorise payments whenever needed. The employee is believed to have embezzled about $4 million by stealing a password and transferring money from Wipro’s account at a bank.
"The employee committed suicide within 10 days of the incident coming to light", a Wipro source told on condition of anonymity.
There was, however, no official word from either the police or the company on how he died.
Agarwal had been working with the company for the past three years in the ‘controllership’ division within the finance department. This cell is responsible for keeping the company’s financial books and also has powers to authorise payments whenever needed. The employee is believed to have embezzled about $4 million by stealing a password and transferring money from Wipro’s account at a bank.
Maruti to recall 1 Lakh AStar following problem in its Fuel tank
It is the Indian version of a recall that global automobile manufacturers are in the midst of. Maruti Suzuki, the country’s biggest car maker by sales, is replacing fuel pump gaskets of one of its small car, the A Star, following reports of anomalies in the fuel tank.
Approximately 1 lakh cars, manufactured during a certain time frame, will get new fuel pump gaskets and O rings. An e-mailed reply from the company spokesperson said the company came across this issue last November as part of a regular quality monitoring process.
Approximately 1 lakh cars, manufactured during a certain time frame, will get new fuel pump gaskets and O rings. An e-mailed reply from the company spokesperson said the company came across this issue last November as part of a regular quality monitoring process.
Credit Card related complaints increase by 26% in 08-09 -- RBI
The report said RBI has started taking ‘class action’ , by issuing general directions to all banks to protect their customers. Such general
directions are issued by the regulator in cases that could benefit not only the applicant, but all those customers similarly placed without having to approach their respective banks.
The report said RBI has initiated class action against a foreign bank regarding the mode of calculation of interest rates on deposit accounts. A PSU bank was advised to recalculate interest rate on all housing loans as per terms of agreement entered into with all the borrowers without their application for relief. Yet another PSU bank was asked to recredit insurance premium that was debited to savings bank account holders without their concurrence under the group insurance scheme.
directions are issued by the regulator in cases that could benefit not only the applicant, but all those customers similarly placed without having to approach their respective banks.
The report said RBI has initiated class action against a foreign bank regarding the mode of calculation of interest rates on deposit accounts. A PSU bank was advised to recalculate interest rate on all housing loans as per terms of agreement entered into with all the borrowers without their application for relief. Yet another PSU bank was asked to recredit insurance premium that was debited to savings bank account holders without their concurrence under the group insurance scheme.
Oil exploration in Falkland island begins amid Argentina's claims
A British rig has begun drilling for oil in the territorial waters of the Falkland Islands, despite strong opposition from Argentina.
The platform has been towed to a point 100km (62 miles) north of the UK territory in the South Atlantic.
Argentina claims sovereignty over what it calls the Islas Malvinas and has imposed shipping restrictions.
UK Defence Minister Bill Rammell said the government had a "legitimate right" to build an oil industry in its waters.
The platform has been towed to a point 100km (62 miles) north of the UK territory in the South Atlantic.
Argentina claims sovereignty over what it calls the Islas Malvinas and has imposed shipping restrictions.
UK Defence Minister Bill Rammell said the government had a "legitimate right" to build an oil industry in its waters.
Suicide attack in SWAT valley left 6 dead
A suicide attack on a military vehicle in the Swat Valley killed at least six people, including two soldiers, according to a Pakistani security official and local news outlets. The bomber, who the official said was on foot, attacked a vehicle in central Mingora, the Swat Valley’s main town. Dozens of people were reported to have been injured in the attack.
Turkish PM attacked with the new technique - footwear attack
On a visit to Spain, you might be expecting the Turkish Prime Minister, to meet with his counterpart, Jose Luis Rodriguez Zapatero. Instead, Recep Tayyip Erdogan had a near-miss with a zapato – the Spanish word for shoe. The 27 year old man who threw the footwear was promptly arrested in Sevilla. He is now accused of attempted assault on a head of state.
Earlier in the day, the two premiers did manage to meet in Madrid to discuss Spanish support for Turkey’s bid to join the European Union. While Spain holds the EU’s rotating presidency, Zapatero is promising efforts to speed up Turkey’s entry.
Earlier in the day, the two premiers did manage to meet in Madrid to discuss Spanish support for Turkey’s bid to join the European Union. While Spain holds the EU’s rotating presidency, Zapatero is promising efforts to speed up Turkey’s entry.
NATO commander apologize for the attack on civilians in Afghan
The commander of U.S. and NATO forces in Afghanistan took his apology for a weekend airstrike that killed civilians directly to the Afghan people on Tuesday, with a video in which he pledged to work to regain their trust as NATO continues a mass offensive against the Taliban in the south.
U.S. Marines and Afghan ground troops pushing from the north and south of the insurgent stronghold of Marjah finally linked up after more than a week, creating a direct route across the town that allows convoys to supply ammunition and reinforcements.
In the video, translated into the Afghan languages of Dari and Pashto on a NATO Web site, a stern Gen. Stanley McChrystal, apologizes for the strike in central Uruzgan province that Afghan officials say killed at least 21 people.
U.S. Marines and Afghan ground troops pushing from the north and south of the insurgent stronghold of Marjah finally linked up after more than a week, creating a direct route across the town that allows convoys to supply ammunition and reinforcements.
In the video, translated into the Afghan languages of Dari and Pashto on a NATO Web site, a stern Gen. Stanley McChrystal, apologizes for the strike in central Uruzgan province that Afghan officials say killed at least 21 people.
Mad,Inhumane protest in J & K left 10 yr boy dead ...
In a fit of madness, the protesters killed an 10-day-old infant
as they pelted stone on the car in which the family was traveling on Monday, Feb 22, media report said.
The four-year-old brother of the baby Irfan Ahmed has also sustained injury during the attack.
Police said that protesters, who were calling for a shutdown in Baramulla, intercepted the vehicle in which the family was traveling to take Irfan for treatment.
as they pelted stone on the car in which the family was traveling on Monday, Feb 22, media report said.
The four-year-old brother of the baby Irfan Ahmed has also sustained injury during the attack.
Police said that protesters, who were calling for a shutdown in Baramulla, intercepted the vehicle in which the family was traveling to take Irfan for treatment.
Maoists attack police camp in WB after offering National ceasefire ..
Maoist rebels have attacked a police camp in West Bengal state, hours after a Maoist leader offered a national ceasefire, police say.
Three rebels were killed during the clash in the troubled area of Lalgarh.
The government, which recently launched a major offensive against the rebels, has asked the rebels to put the ceasefire offer "in writing".
The rebels want communist rule in large parts of India. More than 6,000 people have died during their 20-year fight.
Three rebels were killed during the clash in the troubled area of Lalgarh.
The government, which recently launched a major offensive against the rebels, has asked the rebels to put the ceasefire offer "in writing".
The rebels want communist rule in large parts of India. More than 6,000 people have died during their 20-year fight.
Advani confident of Gadkari's leadership to turn up BJP's fate
Nitin Gadkari's forthrightness has been able to melt away the despondency set in by two successive setbacks in the Lok Sabha elections and turned the BJP upbeat at the just concluded Indore conclave, senior leader LK Advani said today.
In his latest blog posting, Advani said that before the three-day Indore conclave, the question bothering BJP delegates was whether Gadkari will be able to inspire confidence in the party cadre, "seemingly disheartened and disappointed by two successive setbacks in the Lok Sabha elections of 2004 and 2009?"
In his latest blog posting, Advani said that before the three-day Indore conclave, the question bothering BJP delegates was whether Gadkari will be able to inspire confidence in the party cadre, "seemingly disheartened and disappointed by two successive setbacks in the Lok Sabha elections of 2004 and 2009?"
Good Taliban Vs Bad taliban
The Manmohan Singh government may have expressed its willingness to try out the US’ “good Taliban, bad Taliban” differentiation,
but the Congress is just not buying into this argument.
Reacting to the beheading of two Sikhs by the Taliban in FATA of Pakistan, Congress spokesman Manish Tewari said the incident is reprehensible. “This unfortunate incident is a message to those forces who make a distinction between ‘good Taliban and bad Taliban’. There is nothing called good Taliban. They need to be crushed with a resolute resolve of the civilised world,” Mr Tewari said.
but the Congress is just not buying into this argument.
Reacting to the beheading of two Sikhs by the Taliban in FATA of Pakistan, Congress spokesman Manish Tewari said the incident is reprehensible. “This unfortunate incident is a message to those forces who make a distinction between ‘good Taliban and bad Taliban’. There is nothing called good Taliban. They need to be crushed with a resolute resolve of the civilised world,” Mr Tewari said.
Religare in acquisition mood - Northgate in the list next
Religare Enterprises is close to buying a majority stake in a venture capital and private equity investment firm co-founded by former
top-flight American sportsmen, company officials said, as part of its plan to grow into a global financial services provider through overseas acquisitions.
Religare, owned by the former promoters of Ranbaxy Laboratories Malvinder and Shivinder Singh, has signed a definitive pact to buy about a 65% stake in California-based Northgate Capital for some $200 million (about Rs 1,000 crore), persons familiar with the development said. The deal is expected to close by July. “The partnership will accelerate our process of seeking similar partnerships in other asset classes,” CEO & MD Sunil Godhwani wrote in a statement to ET. He declined to disclose the value of the deal.
top-flight American sportsmen, company officials said, as part of its plan to grow into a global financial services provider through overseas acquisitions.
Religare, owned by the former promoters of Ranbaxy Laboratories Malvinder and Shivinder Singh, has signed a definitive pact to buy about a 65% stake in California-based Northgate Capital for some $200 million (about Rs 1,000 crore), persons familiar with the development said. The deal is expected to close by July. “The partnership will accelerate our process of seeking similar partnerships in other asset classes,” CEO & MD Sunil Godhwani wrote in a statement to ET. He declined to disclose the value of the deal.
Reliance needs Fame to be in the ADAG group of Company list
There is a curious M&A situation that’s developed over the weekend. Reliance’s interest in Fame has only strengthened and what was at one time just a proposal – verbal one at that too – has now become a concrete open offer at a substantial premium to the price that Inox paid for the very same transaction. Inox paid Rs 51 a share – the Anil Dhirubhai Ambani Group (ADAG) is willing to put Rs 83 a share on the table.
The only curious part of this transaction is that the ADAG is doing an open offer for 62% whereas 51% of this company is already owned by the Inox group.
The only curious part of this transaction is that the ADAG is doing an open offer for 62% whereas 51% of this company is already owned by the Inox group.
Kalpataru power transmission to raise funds upto $125 million
The board of power equipment maker Kalpataru Power Transmission has approved raising up to USD125 million via a qualified institutional placement or other modes of follow-on offerings, the company said in a statement on Tuesday.
It touched an intraday high of Rs 1,065 and an intraday low of Rs 1,045. At 10:40 hrs the share was quoting at Rs 1,060, up Rs 13.10, or 1.25%.
It was trading with volumes of 537 shares. Yesterday the share closed down 0.59% or Rs 6.25 at Rs 1,046.90.
It touched an intraday high of Rs 1,065 and an intraday low of Rs 1,045. At 10:40 hrs the share was quoting at Rs 1,060, up Rs 13.10, or 1.25%.
It was trading with volumes of 537 shares. Yesterday the share closed down 0.59% or Rs 6.25 at Rs 1,046.90.
Many sectors continue to be hurt very badly-- Anand Sharma
There is no doubt in Commerce Minister Anand Sharma's mind that the Indian economy will grow by 8% in FY11. In a speech opening the Budget session of Parliament, President Pratibha Patil said the economy was likely to grow about 7.5% in FY10 and that the government would aim for a annual growth rate of 8% in FY11 and 9% in FY12.
Sharma stated that inflation is of serious concern and said there is a shortage of pulses and edible oil in country. Exports, he added, are firmly in positive territory. Food prices are growing at the fastest pace in 11 years and the government fears a backlash from millions of rural poor who are its main voters.
Sharma stated that inflation is of serious concern and said there is a shortage of pulses and edible oil in country. Exports, he added, are firmly in positive territory. Food prices are growing at the fastest pace in 11 years and the government fears a backlash from millions of rural poor who are its main voters.
3G Auction likely by April 1st week -- 4 Private operators in each circle
In a move that will give the long-pending auction process for 3G spectrum a big push, telecom minister A Raja on Monday said the government will issue a notice inviting application (NIA) for bids from operators by the end of this week. The auctioning of 3G spectrum would start after 45 days of issuing the notice, he added, indicating that the auction would take place only by the next fiscal starting April 2010.
“NIAs will be released this week. Then, auction can take another 40-45 days,” Mr Raja said. The government will auction four slots of 3G spectrum in each circle, in addition to the one already allotted to state-owned telcos BSNL & MTNL, he added. The ministry got moving after the Prime Minister’s Office asked the Telecom Commission, the apex policy-making wing of the Department of Telecommunications (DoT), to wrap up the auction of 3G spectrum by March 31, 2010. It also asked DoT to ensure that each circle has four private players offering 3G services, besides the state-owned telcos BSNL and MTNL.
The 3G spectrum auction has been delayed by close to two years due to glitches over freeing up of spectrum and fixing bid prices. The defence ministry, which is supposed to release the airwaves held by them in phases once the alternative fibre network for the armed forces is ready, earlier accused the telecom department of not fulfilling its commitment of building the fibre network.
The law ministry also objected to a clause in the draft NIA that successful bidders may ask for compensation in case they were not allotted spectrum within the stipulated time. However, the telecom minister on Monday said all these differences among the ministries have been resolved.
For consumers, the urgency shown for the upcoming auction of 3G airwaves means they will be able to access high-end data services including ultra-fast internet, video-conferencing, interactive gaming and mobile TV services by next year when the operators roll out their commercial 3G services.
Currently, all telecom services in the country are offered on the 2G platform, except state-owned telcos BSNL and MTNL who already have commercial 3G services in place. While 2G widely caters to the voice market, 3G is believed to spur data traffic in the country.
“NIAs will be released this week. Then, auction can take another 40-45 days,” Mr Raja said. The government will auction four slots of 3G spectrum in each circle, in addition to the one already allotted to state-owned telcos BSNL & MTNL, he added. The ministry got moving after the Prime Minister’s Office asked the Telecom Commission, the apex policy-making wing of the Department of Telecommunications (DoT), to wrap up the auction of 3G spectrum by March 31, 2010. It also asked DoT to ensure that each circle has four private players offering 3G services, besides the state-owned telcos BSNL and MTNL.
The 3G spectrum auction has been delayed by close to two years due to glitches over freeing up of spectrum and fixing bid prices. The defence ministry, which is supposed to release the airwaves held by them in phases once the alternative fibre network for the armed forces is ready, earlier accused the telecom department of not fulfilling its commitment of building the fibre network.
The law ministry also objected to a clause in the draft NIA that successful bidders may ask for compensation in case they were not allotted spectrum within the stipulated time. However, the telecom minister on Monday said all these differences among the ministries have been resolved.
For consumers, the urgency shown for the upcoming auction of 3G airwaves means they will be able to access high-end data services including ultra-fast internet, video-conferencing, interactive gaming and mobile TV services by next year when the operators roll out their commercial 3G services.
Currently, all telecom services in the country are offered on the 2G platform, except state-owned telcos BSNL and MTNL who already have commercial 3G services in place. While 2G widely caters to the voice market, 3G is believed to spur data traffic in the country.
Judicial corruption a reality
Hectic lobbying is on to seek a raise in the retirement age of Supreme Court judges by another two years. The apex court judges now
retire at 65. In the event of this proposal getting through, Chief Justice of India K G Balakrishnan could continue for another two-and-a-half years.
But there is stiff resistance to the proposal from within the judiciary as many high court judges could find their elevation prospects blocked. Sources say that there are several competent high court judges who are waiting to be elevated to the Supreme Court.
retire at 65. In the event of this proposal getting through, Chief Justice of India K G Balakrishnan could continue for another two-and-a-half years.
But there is stiff resistance to the proposal from within the judiciary as many high court judges could find their elevation prospects blocked. Sources say that there are several competent high court judges who are waiting to be elevated to the Supreme Court.
Melbourne not safe for Indians - Oz opposition leader
Streets of Melbourne were not safe for Indians and the Government should spend money on policing and preventing racial attacks to improve relationship, Australia’s opposition leader Tony Abbott said on Tuesday.
The remarks came in the wake of the Government’s move to arrange accommodation for a team of Indian journalists touring Down Under.
The Department of Foreign Affairs and Trade (DFAT) is spending A$250,000 on flights and five-star accommodation for the journalists in a bid to clear up a diplomatic row over a series of attacks on Indians, the AAP reported quoting Herald Sun.
The remarks came in the wake of the Government’s move to arrange accommodation for a team of Indian journalists touring Down Under.
The Department of Foreign Affairs and Trade (DFAT) is spending A$250,000 on flights and five-star accommodation for the journalists in a bid to clear up a diplomatic row over a series of attacks on Indians, the AAP reported quoting Herald Sun.
NIA may take over investigation Pune blast from ATS
As the Maharashtra Anti-Terrorism Squad has been unable to provide a breakthrough, the Centre is seriously considering handing over investigations into the German Bakery blast to the National Investigation Agency (NIA).
Sources told that the issue had already been discussed at the highest levels in the Home Ministry and a decision to hand over investigations to NIA could be taken this week “if the ATS was not able to identify the vital clues” that could identify the group behind the blast.
Sources told that the issue had already been discussed at the highest levels in the Home Ministry and a decision to hand over investigations to NIA could be taken this week “if the ATS was not able to identify the vital clues” that could identify the group behind the blast.
IAF to unleash its full strength in exercise VayuShakti -2010 at Pokhran on Feb 28
Even as IAF gears up to unleash a massive high-voltage firepower exercise Vayu Shakti-2010 at Pokhran on February 28 to showcase its `shock and awe' capabilities, plans have also been set in motion to hold the first-ever air combat exercise with China.
"We hope to hold an exercise with China around 2012. The Army has already taken a lead in this. The planning has already commenced, but political clearances, suitable dates etc take some time to come,'' said IAF chief Air Chief Marshal P V Naik on Monday.
"We hope to hold an exercise with China around 2012. The Army has already taken a lead in this. The planning has already commenced, but political clearances, suitable dates etc take some time to come,'' said IAF chief Air Chief Marshal P V Naik on Monday.
Independant Power transmission project to be implemented by Sterlite
Today Sterlite Technologies announced about the first independent power transmission project in India.
The company also announced about the LoI (Letter of Intent) which it had received from the PFC (Power Finance Corporation Limited) for the development of an interconnecting power transmission project for the NE.
This 800 crore project is awarded on BOOM (Build Own, Operate and Maintain). It will connect the states of West Bengal, Bihar and Assam. The lines will be ready within three years.
The company also announced about the LoI (Letter of Intent) which it had received from the PFC (Power Finance Corporation Limited) for the development of an interconnecting power transmission project for the NE.
This 800 crore project is awarded on BOOM (Build Own, Operate and Maintain). It will connect the states of West Bengal, Bihar and Assam. The lines will be ready within three years.
Mamta kept her promises in the buget 09-10
Soon after railway minister Mamata Banerjee finished reading out her 2009-10 budget speech in Parliament, there were some who smirked and said: "It is a good budget if she has the next five years in mind to implement all the projects." Even as Mamata gets ready for the 2010-11 railway budget, those who made the snide remarks have egg on their faces. She has succeeded in keeping most of her promises. It is another matter altogether that new trains, remodelled stations and plans for industry, hospitals and colleges do not necessarily constitute a good railway budget.
"Mamata has been largely successful. She has gone beyond railways and considered the overall development of the state. The people of West Bengal have always felt that the Centre has not done enough for the state. Mamata has given a lot. What she has done is unprecedented," said Bhaskar Chowdhury, former chief commercial manager, Metro Railway.
"Mamata has been largely successful. She has gone beyond railways and considered the overall development of the state. The people of West Bengal have always felt that the Centre has not done enough for the state. Mamata has given a lot. What she has done is unprecedented," said Bhaskar Chowdhury, former chief commercial manager, Metro Railway.
Monday, February 22, 2010
Hockey teams flying in for Hockey World Cup in Delhi
Amid heightened security cover, the Pakistan and Australian hockey teams arrived in India on Monday for the World Cup beginning in New Delhi on February 28.
The Australian hockey team was the first to reach New Delhi in the wee hours on Monday while the Pakistan team entered India through the Wagah Border.
"The Pakistan team crossed the Wagah Border at around 1 p.m," BSF spokesperson Jagir Singh said.
The Australian hockey team was the first to reach New Delhi in the wee hours on Monday while the Pakistan team entered India through the Wagah Border.
"The Pakistan team crossed the Wagah Border at around 1 p.m," BSF spokesperson Jagir Singh said.
ASUS releases new NetBook EeePC 1008P in a fresh hardware platform
ASUS Eee PC 1008P is a stylish “designer” netbook on fresh hardware platform. Excellent product if you are not afraid of the nuances of ergonomics and not very long battery life. It is the newest member of the family EeePC, the 1008P, designed by renowned designer Karim Rashid. This has an unusual aesthetic and appealing to the more knowledgeable of the fashion world.
The notebook comes with the Dimensions and weight 262 × 180 × 26 mm, 1.14 kg, Processor Intel Atom N450 (1.66 GHz),Chipset Intel NM10,Graphics Intel GMA 3150, Memory 2 GB.
Display Screen 10,1”(1024 × 600 pixels), glossy, Brightness (min / max) 0 / 80 cd/m2 (15 gradations)
Drive 250 GB SATA-II (5400 rpm),External connectors 2 × USB, RJ45, mini-VGA, audio
Communications SD (HC) / MMC, Ethernet, Wi-Fi, Bluetooth, Battery 2900 mA • h, 10,95 In
Endurance (maximum load / read mode) 2 h 37 min / 4 h 42 min, OS Preinstalled Windows 7 Starter
with 1.3 megapixel webcam.
The notebook comes with the Dimensions and weight 262 × 180 × 26 mm, 1.14 kg, Processor Intel Atom N450 (1.66 GHz),Chipset Intel NM10,Graphics Intel GMA 3150, Memory 2 GB.
Display Screen 10,1”(1024 × 600 pixels), glossy, Brightness (min / max) 0 / 80 cd/m2 (15 gradations)
Drive 250 GB SATA-II (5400 rpm),External connectors 2 × USB, RJ45, mini-VGA, audio
Communications SD (HC) / MMC, Ethernet, Wi-Fi, Bluetooth, Battery 2900 mA • h, 10,95 In
Endurance (maximum load / read mode) 2 h 37 min / 4 h 42 min, OS Preinstalled Windows 7 Starter
with 1.3 megapixel webcam.
Nearly Thousand Lufthansa flights cancelled due to walk-out by pilots
Air travellers braced for chaos Monday as pilots for Lufthansa, Europe’s largest airline, began a four-day walkout that was expected to force the cancellation of thousands of flights.
The German flag carrier was operating a sharply reduced schedule that involved scrubbing roughly 800 out of 1,800 scheduled flights per day for the duration of the strike. A spokeswoman for the carrier said early Monday that the number of flights cancelled was likely to rise as the day wore on, as some pilots that had been scheduled to work through the strike were not showing up.
“We have already had a few additional cancellations this morning,” said the spokeswoman, Stefanie Stotz.
The German flag carrier was operating a sharply reduced schedule that involved scrubbing roughly 800 out of 1,800 scheduled flights per day for the duration of the strike. A spokeswoman for the carrier said early Monday that the number of flights cancelled was likely to rise as the day wore on, as some pilots that had been scheduled to work through the strike were not showing up.
“We have already had a few additional cancellations this morning,” said the spokeswoman, Stefanie Stotz.
Lt.Gen Prakash to question witnesses in Sukna army land scam
The Armed Forces Tribunal on Monday gave interim relief to former Military Secretary Lieutenant General Avadhesh Prakash in the Sukna army land scam.
The court granted permission to Lt. General Prakash to cross-examine witnesses who earlier gave statement against him before the Court of Inquiry.
According to Lt. Gen Prakash's lawyer, both of them were not present during the cross examination of the eight officers, who provided evidence against Lt. Gen Prakash's involvement in the land scam.
The court granted permission to Lt. General Prakash to cross-examine witnesses who earlier gave statement against him before the Court of Inquiry.
According to Lt. Gen Prakash's lawyer, both of them were not present during the cross examination of the eight officers, who provided evidence against Lt. Gen Prakash's involvement in the land scam.
Airstrike kills 33 civilians in souhtern Afghan
At least 33 civilians have been killed in a Nato airstrike in southern Afghanistan.
Initial reports indicated that Nato attacked a convoy of three vehicles on Sunday as they travelled towards Kandahar. The dead included four women and one child and 12 others were injured.
Amanullah Hotak, head of the Uruzgan provincial council, said that the people had been travelling in three mini-buses through a pass in the Char Cheno district.
Initial reports indicated that Nato attacked a convoy of three vehicles on Sunday as they travelled towards Kandahar. The dead included four women and one child and 12 others were injured.
Amanullah Hotak, head of the Uruzgan provincial council, said that the people had been travelling in three mini-buses through a pass in the Char Cheno district.
Abuse of European passports - a concern for EU
The European Union is "extremely concerned" at the use of European passports in the killing of a Hamas commander in Dubai, the Spanish EU presidency said Monday.
"We are extremely concerned that European passports... can be used in a different manner for a different purpose," Spanish Foreign Minister Miguel Angel Moratinos told reporters as he arrived for a meeting with his EU counterparts in Brussels.
"We are extremely concerned that European passports... can be used in a different manner for a different purpose," Spanish Foreign Minister Miguel Angel Moratinos told reporters as he arrived for a meeting with his EU counterparts in Brussels.
Two Pak Sikhs beheaded by extremists
Two Pakistani Sikhs have been beheaded, weeks after being kidnapped in separate incidents in the country's tribal north-west, officials say.
Jaspal Singh was taken while travelling in the Khyber district one month ago. His body was found on Sunday.
Mastan Singh was kidnapped in the Orakzai region at about the same time.
The neighbouring regions are home to crime syndicates involved in carjacking and kidnappings, which are known to have links with extremist groups.
Jaspal Singh was taken while travelling in the Khyber district one month ago. His body was found on Sunday.
Mastan Singh was kidnapped in the Orakzai region at about the same time.
The neighbouring regions are home to crime syndicates involved in carjacking and kidnappings, which are known to have links with extremist groups.
Food security law to be enacted - Prez in Parliment
With food inflation upsetting the common-man's household budget, a concerned government today said it was committed to enacting a law to provide cheaper rice and wheat to the poor.
"My government is committed to bringing forth a legislation to ensure food security," President Pratibha Patil said in her address to the joint sitting of both the houses of Parliament.
"My government is committed to bringing forth a legislation to ensure food security," President Pratibha Patil said in her address to the joint sitting of both the houses of Parliament.
Aussie cricket board urges players not to play in IPL over security fears..
AUSTRALIAN cricketers, along with their counterparts in England and South Africa, will be warned not to compete in the Indian Premier League next month or that they do so at their own risk, according to reports in Britain.
An English newspaper claims the security report commissioned by the international players' union says player safety cannot be guaranteed and threats issued by a group associated with Al-Qa'ida last week are credible.
An English newspaper claims the security report commissioned by the international players' union says player safety cannot be guaranteed and threats issued by a group associated with Al-Qa'ida last week are credible.
Depleted India defeats strong Proteas in the 1st ODI at Jaipur
India overcame the absence of four top stars to beat South Africa by one run in a thrilling One-Day International on Sunday and take a 1-0 lead in the three-match series.
Wayne Parnell was run out off the final delivery, attempting a second run that would have tied the match, to leave the Proteas on 297 all out in reply to India's 298/9.
The tourists were tottering at 225/8 in the 43rd over when the ninth-wicket pair of Parnell and Dale Steyn swung the day-night match around by adding 65 off 38 balls.
Wayne Parnell was run out off the final delivery, attempting a second run that would have tied the match, to leave the Proteas on 297 all out in reply to India's 298/9.
The tourists were tottering at 225/8 in the 43rd over when the ninth-wicket pair of Parnell and Dale Steyn swung the day-night match around by adding 65 off 38 balls.
Sunday, February 21, 2010
Intex launches handset with Tri-SIM compatibility
Till now, Intex Technologies used to pioneer in Dual SIM handsets only. Recently it has broken the barriers and has gone a step ahead by launching its new triple SIM handsets. A handset which supports three SIMs, (GSM + GSM + CDMA). The handset is called IN 5030.
The handset features a Currency Checker. The handset measures 111×48x14.8mm and has a 2 inch TFT screen with 65K colours. The handset is is JAVA-enabled, has Mobile Tracker and auto call record facilities too.
The handset features a Currency Checker. The handset measures 111×48x14.8mm and has a 2 inch TFT screen with 65K colours. The handset is is JAVA-enabled, has Mobile Tracker and auto call record facilities too.
Aircel to launch its services in Haryana, Punjab & Rajasthan by April
The year 2010 is proving lucky for Nokia Siemens. Nokia Siemens Networks (NSN) bagged a big deal of $700 million from country’s largest operator Bharti Airtel a few days back and now it has won a $300-million deal from mobile operator Aircel.
The four year contract would see furnish GSM radio, core and microwave network and services in three states.
Aircel is expected to roll out services in Haryana, Punjab and Rajasthan in April.
The four year contract would see furnish GSM radio, core and microwave network and services in three states.
Aircel is expected to roll out services in Haryana, Punjab and Rajasthan in April.
Passenger Service System to implemented soon in AirIndia
Global air transport communication and IT solutions provider SITA is in advanced stages of discussion with NACIL to provide the
much-needed IT platform for integrating flight codes of Air India and erstwhile Indian Airlines into a common one, sources said.
Apart from its benefits in the sale of tickets, a common code is an essential requirement for the national carrier, which joining a global airlines' alliance-- Star Alliance.
much-needed IT platform for integrating flight codes of Air India and erstwhile Indian Airlines into a common one, sources said.
Apart from its benefits in the sale of tickets, a common code is an essential requirement for the national carrier, which joining a global airlines' alliance-- Star Alliance.
Probe ordered on Minaret collapse in Meknes
The Lalla Khenata mosque's minaret collapsed in the old Bab el Bardiyine neighborhood of the imperial city of Meknes during Friday mass prayers, burying most of the 300 worshippers gathered there.
The state prosecutor visited the site after the collapse occurred and a special incident unit was set up by the prosecutor's office to simplify formal procedures for victims and their families, MAP said.
The state prosecutor visited the site after the collapse occurred and a special incident unit was set up by the prosecutor's office to simplify formal procedures for victims and their families, MAP said.
Inmtes of Bhopal jail makes Solar Water heater.
After successfully manufacturing a 200 litres solar water heater to promote use of green energy, the prisoners are now trying their hand at preparing a 2,000 litre capacity to meet the needs of Central Jail in Bhopal, officials said.
"The inmates in the Bhopal central jail have successfully manufactured a 200 litres solar water heater recently for promoting green energy. Now they are trying their hands at preparing a 2000 litres solar energy driven heater," Madhya Pradesh Jail Director General of Police P L Pandey.
"The inmates in the Bhopal central jail have successfully manufactured a 200 litres solar water heater recently for promoting green energy. Now they are trying their hands at preparing a 2000 litres solar energy driven heater," Madhya Pradesh Jail Director General of Police P L Pandey.
Godrej requests Govt not to increase CenVAT
The government should not raise the central value-added tax (Cenvat), which was reduced to 8 per cent as part of the stimulus measures, Godrej group chairman Adi Godrej has said.
“At present, Cenvat is 8 per cent. It is very important that the finance minister does not raise the Cenvat rate, because very soon we will be shifting to the goods and service tax (GST) regime. The best way forward is to merge the present fiscal stimulus with the introduction of the GST," he said on the sidelines of theCII-organised brand summit in Bangalore.
“At present, Cenvat is 8 per cent. It is very important that the finance minister does not raise the Cenvat rate, because very soon we will be shifting to the goods and service tax (GST) regime. The best way forward is to merge the present fiscal stimulus with the introduction of the GST," he said on the sidelines of theCII-organised brand summit in Bangalore.
MMS Scandal pushed a teen to commit suicide
An 18-year-old schoolgirl and her paramour allegedly committed suicide after video clippings of her kissing a classmate were posted on the Internet, police said on Saturday.
The girl, a student of Class XII at a school in Kannur, and a 27-year-old plumber, who is believed to be her boyfriend, were found hanging from a tree at the latter's residence, police said.
The girl, a student of Class XII at a school in Kannur, and a 27-year-old plumber, who is believed to be her boyfriend, were found hanging from a tree at the latter's residence, police said.
Missing communist leader W R Varadharajan found dead in the Porur Pond
The Chennai police have found a decomposed body which they suspect could be of the missing Communist leader W R Varadarajan.
According to his wife Saraswathy, a few identification marks match but police say they can confirm only after forensic test reports.
The veteran trade union leader has been missing for 10 days now after he was removed from the party's highest decision making body, the central committee following adverse reports from the state unit.
According to his wife Saraswathy, a few identification marks match but police say they can confirm only after forensic test reports.
The veteran trade union leader has been missing for 10 days now after he was removed from the party's highest decision making body, the central committee following adverse reports from the state unit.
Iran urges IAEA to reconsider on the nuke reports
Head of Iran's Parliament National Security and Foreign Policy Commission Alaeddin Boroujerdi on Sunday urged the chief of the International Atomic Energy Agency ( IAEA), Yukiya Amano, to reconsider his report on Iran's nuclear activities.
Boroujerdi told reporters that "since Mr. Amano is to present his report to the agency's Board of Governors next Monday, he'd better use the chance and change the report," the official IRNA news agency reported.
Boroujerdi told reporters that "since Mr. Amano is to present his report to the agency's Board of Governors next Monday, he'd better use the chance and change the report," the official IRNA news agency reported.
Flash floods left at least 40 people dead,Portuguese island of Madeira
Rescue workers are searching mud-filled streets and houses on the Portuguese island of Madeira after flash floods left at least 40 people dead.
More than 120 others were injured and an unknown number are missing, raising fears that the death toll could rise.
Heavy rains brought tonnes of mud and stones down the slopes of the island, flooding the streets of the regional capital, Funchal, and other towns.
Water, power and telecommunications were cut in some areas.
More than 120 others were injured and an unknown number are missing, raising fears that the death toll could rise.
Heavy rains brought tonnes of mud and stones down the slopes of the island, flooding the streets of the regional capital, Funchal, and other towns.
Water, power and telecommunications were cut in some areas.
Saturday, February 20, 2010
Viru No.1 In ICC Test ranking
Virender Sehwag, the Indian opener, has taken the No. 1 spot in the ICC Test rankings after hitting successive centuries against South Africa. With a rapid 165 in the Kolkata Test, which India won to stay top of the ICC rankings for teams, and 109 in Nagpur before that, Sehwag has displaced good friend and fellow Test opener Gautam Gambhir.
Sehwag sits top of the pile with 863 points, while Gambhir has dropped to fifth position with 824. He had tremendous success in 2009 - an average of 108.98 in six Tests - and in the four Tests he has played this year, Sehwag already has two centuries. He was also the recipient of the prize for best Test innings, for the second year running, for the ESPNcricinfo Awards where his audacious 293 against Sri Lanka in Mumbai was chosen over four other nominations shortlisted for the award.
Sehwag sits top of the pile with 863 points, while Gambhir has dropped to fifth position with 824. He had tremendous success in 2009 - an average of 108.98 in six Tests - and in the four Tests he has played this year, Sehwag already has two centuries. He was also the recipient of the prize for best Test innings, for the second year running, for the ESPNcricinfo Awards where his audacious 293 against Sri Lanka in Mumbai was chosen over four other nominations shortlisted for the award.
Narang bags another gold in CommonWealth Shooting tournament
India's gold count in the Commonwealth Shooting Championship increased with Gagan Narang winning the men's 10 metre air rifle singles
event and Navy man Sanjeev Rajput bagging the silver at the Karni Singh Shooting Range here Saturday.
Narang shot a total of 699.5 (595 qualification, 104.5 finals) for the yellow metal and also came close to breaking his own championship record of 699.7 set in Australia in 2005.
event and Navy man Sanjeev Rajput bagging the silver at the Karni Singh Shooting Range here Saturday.
Narang shot a total of 699.5 (595 qualification, 104.5 finals) for the yellow metal and also came close to breaking his own championship record of 699.7 set in Australia in 2005.
Fonseka getting 5 Star facilties in jail - Rajapakse
Sri Lanka's president says arrested ex-army chief and defeated presidential candidate Sarath Fonseka is getting "five-star" treatment in custody, it was reported Saturday.
Fonseka, whose detention came two weeks after being beaten in presidential elections in late January by President Mahinda Rajapakse, is being held by the military pending court-martial proceedings on unspecified charges.
Fonseka, whose detention came two weeks after being beaten in presidential elections in late January by President Mahinda Rajapakse, is being held by the military pending court-martial proceedings on unspecified charges.
3G auction issue will be resolved soon-- A.Raja
Telecom Minister A. Raja has said that the issue of auctioning 3G-spectrum to telecom companies is likely to be resolved this week.
Earlier, Finance Secretary Ashok Chawla had said that the government was not sure if it could conduct a 3G wireless spectrum auction before the end of the current fiscal.
The current fiscal ends on March 31.
"I hope everything will be resolved this week. It is not the question of money alone. It is the question of utilising the technology. We should not be lagging behind the international community," Raja announced on the sidelines of the launch of BSNL 3G mobile services in Bangalore.
"Government of India is committed, whether it is finance, whether it is law. As a whole, Government of India is committed to have this technology at the earliest possible," Raja added.
Earlier, Finance Secretary Ashok Chawla had said that the government was not sure if it could conduct a 3G wireless spectrum auction before the end of the current fiscal.
The current fiscal ends on March 31.
"I hope everything will be resolved this week. It is not the question of money alone. It is the question of utilising the technology. We should not be lagging behind the international community," Raja announced on the sidelines of the launch of BSNL 3G mobile services in Bangalore.
"Government of India is committed, whether it is finance, whether it is law. As a whole, Government of India is committed to have this technology at the earliest possible," Raja added.
Number Portability from May- launch in Chennai & B'lore
The government would launch the much-awaited mobile number portability (MNP) by the first week of May, starting from Chennai and Bangalore, said Communication and Information Technology Minister A Raja today.
“By May first week, the number portability will be introduced in Chennai and Bangalore,” Raja said, during the launch of 3G services here by state-owned BSNL.
The MNP, which would allow users to switch service providers without changing phone numbers, was earlier scheduled to be introduced in March this year. However, it got delayed as the government was unable to get security clearance for the devices which were imported from other countries.
“By May first week, the number portability will be introduced in Chennai and Bangalore,” Raja said, during the launch of 3G services here by state-owned BSNL.
The MNP, which would allow users to switch service providers without changing phone numbers, was earlier scheduled to be introduced in March this year. However, it got delayed as the government was unable to get security clearance for the devices which were imported from other countries.
Water diapute B/w India & Pak need to be solved -- Holbrooke
President Obama's Special Envoy to Afghanistan and Pakistan Richard Holbrooke has said Washington is in consultations with India and Pakistan to help both countries resolve water disputes between them.
In an interview with a private television channel, Holbrooke termed Pakistan's water crisis as the second most worry for that country after its sagging economy.
"Pakistan's water crisis is the second most dangerous crisis after its economic turmoil," The Daily Times quoted Holbrooke, as saying.
In an interview with a private television channel, Holbrooke termed Pakistan's water crisis as the second most worry for that country after its sagging economy.
"Pakistan's water crisis is the second most dangerous crisis after its economic turmoil," The Daily Times quoted Holbrooke, as saying.
Indian Hockey Players in controversy yet again
Indian hockey has been rocked by yet another controversy with organisers of a charity event on Saturday claiming that the players demanded Rs 5 crore to feature in the matches, an allegation the national team members denied.
Hardeep Sandhu, a member of the organiser committe of AMR foundation, on Saturday claimed that hockey players led by Prabhjot Singh, Rajpal Singh and Deepak Thaukar were demanding a Rs 5 crore to play in the four charity matches of 15 minutes each featuring Bollywood and TV stars.
Hardeep Sandhu, a member of the organiser committe of AMR foundation, on Saturday claimed that hockey players led by Prabhjot Singh, Rajpal Singh and Deepak Thaukar were demanding a Rs 5 crore to play in the four charity matches of 15 minutes each featuring Bollywood and TV stars.
DMK's stand on new panel for MullaiPeriyar issue...
The legal tangle between Tamil Nadu and Kerala over the Mullaperiyar Dam dispute took a new twist on Saturday with ruling DMK saying there was no need for the State to nominate its representative to the committee constituted by the Supreme Court to go into the dam’s safety aspects.
DMK’s General Council, which met here, in a resolution said it was not in a position to accept the Supreme Court’s ruling constituting the five-member committee to examine the safety aspects of the over century-old reservoir.
DMK’s General Council, which met here, in a resolution said it was not in a position to accept the Supreme Court’s ruling constituting the five-member committee to examine the safety aspects of the over century-old reservoir.
No relation with Indian Maoists-- says Nepali Maoist
Nepal's former Maoist guerrillas have objected to the Indian police's chargesheet against Indian Maoist leader Kobad Ghandy containing a reference to a meeting with their chief Pushpa Kamal Dahal Prachanda, saying it had no relevance to the present situation.
Narayan Kaji Shrestha, Maoist lawmaker and vice chairman of Nepal's largest party, the Unified Communist Party of Nepal (Maoist), said highlighting an alleged meeting between Prachanda and arrested Indian Maoist leader Kobad Ghandy was a bid to create an unnecessary controversy.
Narayan Kaji Shrestha, Maoist lawmaker and vice chairman of Nepal's largest party, the Unified Communist Party of Nepal (Maoist), said highlighting an alleged meeting between Prachanda and arrested Indian Maoist leader Kobad Ghandy was a bid to create an unnecessary controversy.
Will RTE be successfully implemented ?? - Kapil Sibal comments
The Centre will check commercialisation of education and seek consensus among states to implement the Right to Education (RTE) Act from April 1, said Human Resource Development (HRD) Minister Kapil Sibal on Saturday.
"Our aim is to ensure that all children in India get quality education, but we are against commercialisation of education. Incessant hike of fee and overcharging from parents is something we do not support," Sibal told reporters in New Delhi.
In order to implement the RTE Act in its true spirit, the minister said, he will hold meetings with various state governments.
"Our aim is to ensure that all children in India get quality education, but we are against commercialisation of education. Incessant hike of fee and overcharging from parents is something we do not support," Sibal told reporters in New Delhi.
In order to implement the RTE Act in its true spirit, the minister said, he will hold meetings with various state governments.
All Party JAC for Telangana struggles Coz of differences in the resignation issue
The all-party Telangana Joint Action Committee (JAC) and the Congress formally snapped ties on Friday with both of them declaring separately that they would have nothing to do with each other in the struggle for statehood.
It was the Congress that fired the first salvo announcing its decision to quit the JAC as the latter’s condition of asking MLAs to resign was not acceptable. The JAC later said it was also not keen on a friendship with Congress since the party had distanced itself from people of Telangana who were firm that resignation by public representatives was the only way to mount pressure on the Centre to concede separate Telangana. About the Telugu Desam (TDP), which has maintained a low profile with JAC in the last few days, the committee’s convener M. Kodandaram told presspersons that a final view would be taken after speaking to its leaders. The TDP had taken the stand that its MLAs would resign only after their counterparts from Congress quit.
It was the Congress that fired the first salvo announcing its decision to quit the JAC as the latter’s condition of asking MLAs to resign was not acceptable. The JAC later said it was also not keen on a friendship with Congress since the party had distanced itself from people of Telangana who were firm that resignation by public representatives was the only way to mount pressure on the Centre to concede separate Telangana. About the Telugu Desam (TDP), which has maintained a low profile with JAC in the last few days, the committee’s convener M. Kodandaram told presspersons that a final view would be taken after speaking to its leaders. The TDP had taken the stand that its MLAs would resign only after their counterparts from Congress quit.
Traffic restrictions in Hyderabad to prevent Telangana protest rally..
The State capital witnessed an unprecedented traffic grid lock in major parts of the city, especially those on the southern and western parts after the police imposed traffic restrictions on a massive scale to prevent the pro-Telangana students from carrying out their threat of laying siege to the State Assembly on Saturday.
Osmania University campus, the nerve centre of agitation for bifurcation of state remained peaceful, as massive contingents of police kept a close watch on a gathering of about 500 students. By 10.30 p.m. the assemblage of students were moving towards the NCC gate of the University, apparently in a bid to take out a rally to the Assembly.
Osmania University campus, the nerve centre of agitation for bifurcation of state remained peaceful, as massive contingents of police kept a close watch on a gathering of about 500 students. By 10.30 p.m. the assemblage of students were moving towards the NCC gate of the University, apparently in a bid to take out a rally to the Assembly.
Friday, February 19, 2010
Fall in Violence rate in J&K but Infiltration worries--PC
Kashmir has witnessed reduction in number of incidents of violence last year which was a "silver lining", but infiltration attempts have gone up, Home Minister P Chidambaram said today.
"Infiltration has not reduced. Incidents of violence have reduced...and I attribute it to Army, paramilitary and Jammu and Kashmir police," he said.
The policy that Jammu and Kashmir police should take the lead has been successful, the minister told women journalists during an interaction here.
"Infiltration has not reduced. Incidents of violence have reduced...and I attribute it to Army, paramilitary and Jammu and Kashmir police," he said.
The policy that Jammu and Kashmir police should take the lead has been successful, the minister told women journalists during an interaction here.
AP Govt warns of Naxals in Telangan movement
Andhra Pradesh government on Thursday claimed Maoists have infiltrated into the movement for a separate Telangana state as the Supreme Court stayed the State High Court's direction for withdrawal of paramilitary forces from Osmania University campus, the hotbed of the agitation.
However, Justice Singhvi, who heads a two-member bench of the apex court, said "I don't think there are any Naxalites in the university."
However, Justice Singhvi, who heads a two-member bench of the apex court, said "I don't think there are any Naxalites in the university."
Abducted BDO released by Maoists
Abducted Dalbhumgarh BDO Prashant Kumar Layak was released by the Maoists on Friday after 5 days of captivity.
The officer was found near Hariyan village near Orissa-Jharkhand border.
The report was confirmed by Jharkhand Home Secretary J B Tubid.
The Jharkhand government was under tremendous pressure from the opposition for the safe release of the government official.
The officer was found near Hariyan village near Orissa-Jharkhand border.
The report was confirmed by Jharkhand Home Secretary J B Tubid.
The Jharkhand government was under tremendous pressure from the opposition for the safe release of the government official.
Indian Shooters dominates 10m air rifle team event in Commonwealth Championship
Gagan Narang and PT Raghunath set a new record in the 10m air rifle team event as Indian shooters dominated the proceedings with two gold medals, one silver, and one bronze medal on the opening day of the Commonwealth Championship in New Delhi.
Narang was the star of the day as he shot 599 out of 600, whichhelped Team India to win its first gold medal in the championship. Raghunath shot 594/600 to take the team score to an aggregate of 1193 points, breaking the previous championship record of 1183 points set by Narang and Manoj Kumar in 2005.
Narang was the star of the day as he shot 599 out of 600, whichhelped Team India to win its first gold medal in the championship. Raghunath shot 594/600 to take the team score to an aggregate of 1193 points, breaking the previous championship record of 1183 points set by Narang and Manoj Kumar in 2005.
Thursday, February 18, 2010
we let ourselves down in the first innings with the bat- Smith
South Africa captain Graeme Smith admits his side's first innings collapse gave India the upper hand during the second Test in Kolkata.
The Proteas fell to an innings and 58-run loss at Eden Gardens on the final day of the Test as India squared the series at 1-1, and Smith believes his side's dismal session on the first evening left them chasing the game.
Outplayed
"It would have been terrific had we pulled it off," said Smith.
The Proteas fell to an innings and 58-run loss at Eden Gardens on the final day of the Test as India squared the series at 1-1, and Smith believes his side's dismal session on the first evening left them chasing the game.
Outplayed
"It would have been terrific had we pulled it off," said Smith.
India victorious in their Battle for No.1 Spot in Test rankings..
India beat South Africa by an innings and 58 runs in the second Test in Kolkata to level the two-match series.
The visitors began the day on 115-3 and faced an uphill task to save the match after their first-innings collapse.
Batsman Hashim Amla worked superbly to frustrate India with his second century of the match, finishing on 123 not out.
The visitors began the day on 115-3 and faced an uphill task to save the match after their first-innings collapse.
Batsman Hashim Amla worked superbly to frustrate India with his second century of the match, finishing on 123 not out.
2 militants killed in a gun battle in Kashmir.
Two separatist guerrillas of Jaish-e-Muhammad (JeM) outfit were killed after a daylong gunfight in south Kashmir's Pulwama district on Thursday, police said.
Security forces surrounded a house in Shangarpora village, 37 km from Srinagar, in Pulwama district this (Thursday) morning following specific information about presence of guerrillas inside, a senior police officer said here.
The militants were asked to surrender but instead opened fire at the security personnel, leading to the gunfight.
Security forces surrounded a house in Shangarpora village, 37 km from Srinagar, in Pulwama district this (Thursday) morning following specific information about presence of guerrillas inside, a senior police officer said here.
The militants were asked to surrender but instead opened fire at the security personnel, leading to the gunfight.
New Guidelines for Conference Visa seekers from 8 nations
The security clearance for conference visa seekers from eight countries, including Pakistan and China, besides that for foreigners of Pakistani-origin and stateless persons will only be given by the home ministry from now on.
As per revised guidelines for granting visa to foreigners coming to India for attending international conferences, seminars and workshops, people from Afghanistan, Bangladesh, China, Iran, Iraq, Pakistan, Sri Lanka and Sudan and people of Pakistani origin and stateless persons will be getting clearance from the home ministry, an official statement said.
As per revised guidelines for granting visa to foreigners coming to India for attending international conferences, seminars and workshops, people from Afghanistan, Bangladesh, China, Iran, Iraq, Pakistan, Sri Lanka and Sudan and people of Pakistani origin and stateless persons will be getting clearance from the home ministry, an official statement said.
NSG to probe German Bakery blast in Pune..
A National Security Guard team has collected samples from the site of the blast here that claimed 11 lives.
The four-member research team of NSG's National Bomb Data Centre arrived here last night and collected samples from the blast site at Koregaon Park area where the German Bakery was located.
Pune Police Commissioner Satyapal Singh said while the investigators were yet to establish the nature of trigger mechanism, the evidence collected so far did not rule out the use of remote control device in the blast.
The four-member research team of NSG's National Bomb Data Centre arrived here last night and collected samples from the blast site at Koregaon Park area where the German Bakery was located.
Pune Police Commissioner Satyapal Singh said while the investigators were yet to establish the nature of trigger mechanism, the evidence collected so far did not rule out the use of remote control device in the blast.
Delhi Airport named in World's Top 30 airports by travellers
Some welcome news for the Delhi Airport. It was ranked 300, but has now leapt to the Top 30 airports that handle 15-20 million passengers a year.
The rankings come from Airport Service Quality (ASQ) survey that collects feedback from passengers. It's conducted by Airports Council International (ACI), an autonomous body representing world airports.
The rankings come from Airport Service Quality (ASQ) survey that collects feedback from passengers. It's conducted by Airports Council International (ACI), an autonomous body representing world airports.
TEESIDE to be closed from Friday following huge loss in TEESIDE operations..
Steelmaker Corus will begin the partial mothball of a plant on Teesside in northern England on Friday, a move that may signal the beginning of the end for steelmaking in the traditional industrial town.
Corus, owned by India's Tata Steel, said that the Teesside cast products plant would be kept ready for a possible future restart and that it was open to "credible offers".
The company had said in December that it would begin the mothballing, leading to the loss of 1,700 jobs, in early 2010 after it failed to secure a long-term partner for the site's output.
Corus, owned by India's Tata Steel, said that the Teesside cast products plant would be kept ready for a possible future restart and that it was open to "credible offers".
The company had said in December that it would begin the mothballing, leading to the loss of 1,700 jobs, in early 2010 after it failed to secure a long-term partner for the site's output.
Air India gets $173 million from Govt.
India approved a cash infusion for ailing national carrier Air India Thursday, part of an expected $432 million bailout of a company many once considered a proud symbol of the nation.
The $173 million injection "would not only ease the cash flow situation of the company but would also preclude borrowings from the markets at a high cost," the Ministry of Civil Aviation said in a statement.
Other carriers have stumbled in the wake of the global financial crisis - notably Japan Airlines which filed for bankruptcy in January. Analysts say many of Air India's problems are homegrown, born of decades of mismanagement and underinvestment.
The $173 million injection "would not only ease the cash flow situation of the company but would also preclude borrowings from the markets at a high cost," the Ministry of Civil Aviation said in a statement.
Other carriers have stumbled in the wake of the global financial crisis - notably Japan Airlines which filed for bankruptcy in January. Analysts say many of Air India's problems are homegrown, born of decades of mismanagement and underinvestment.
Govt to Subsidise Fertilisers based nutrient content from Apr 1
The government has approved the nutrient based fertiliser subsidy (NBS) plan with effect from April 1. This is likely to have positive sentimental impact on share prices of fertiliser companies.
Under the new policy, the companies can fix retail fertiliser prices. However the urea prices will be increased by Rs 483 per tonne or 10 per cent.
“The hike in urea prices is not going to impact the bottomline or EPS of fertiliser companies as extra 10 per cent will go from farmer’s pocket directly. However, looking at the shift in policy, it’s a big positive for the industry,” said an analyst from a local brokerage.
Under the new policy, the companies can fix retail fertiliser prices. However the urea prices will be increased by Rs 483 per tonne or 10 per cent.
“The hike in urea prices is not going to impact the bottomline or EPS of fertiliser companies as extra 10 per cent will go from farmer’s pocket directly. However, looking at the shift in policy, it’s a big positive for the industry,” said an analyst from a local brokerage.
LAVA Mobiles unveils mobie with tons of features for Rs.3400
Lava Mobiles, an Indian firm based in Uttar Pradesh, has announced the launch of its latest mobile phone, the Lava A9, in the Indian market. The phone, a feature packed device, is priced very competitively and is aimed at consumers who want to more phone for less money.
Let us delve into the features of the A9 now. It features a 2.4-inch TFT screen that is capable of displaying 262k colors. A 3.2 MP camera adorns the rear of the phone. The multimedia intention is clear with a fully featured music and video player too making their presence felt. The A9 has 256MB of onboard memory that can be expanded upto 8GB using microSD cards.
Let us delve into the features of the A9 now. It features a 2.4-inch TFT screen that is capable of displaying 262k colors. A 3.2 MP camera adorns the rear of the phone. The multimedia intention is clear with a fully featured music and video player too making their presence felt. The A9 has 256MB of onboard memory that can be expanded upto 8GB using microSD cards.
BOTNET affects 75000 sys worldwide-- steals 75 GB of data & huge SSL certificates.
Security researchers at Herndon, Va.-based NetWitness Corp. have unearthed a massive botnet affecting at least 75,000 computers at 2,500 companies and government agencies worldwide.
The Kneber botnet, named for the username linking the affected machines worldwide, has been used to gather login credentials to online financial systems, social networking sites and e-mail systems for the past 18 months, according to NetWitness.
A 75GB cache of stolen data discovered by NetWitness included 68,000 corporate login credentials, login data for user accounts at Facebook, Yahoo and Hotmail, 2,000 SSL certificate files and a large amount of highly detailed "dossier-level" identity information. In addition, systems compromised by the botnet also give attackers remote access inside the compromised network, the company said.
The Kneber botnet, named for the username linking the affected machines worldwide, has been used to gather login credentials to online financial systems, social networking sites and e-mail systems for the past 18 months, according to NetWitness.
A 75GB cache of stolen data discovered by NetWitness included 68,000 corporate login credentials, login data for user accounts at Facebook, Yahoo and Hotmail, 2,000 SSL certificate files and a large amount of highly detailed "dossier-level" identity information. In addition, systems compromised by the botnet also give attackers remote access inside the compromised network, the company said.
Google extend helping hands to SMBs in India
World's leading search engine Google would offer free advertising coupons for small and medium businesses (SMBs) across the country,the global firm's Indian subsidiary said on Thursday.
"All SMBs with online presence will be able to avail our advertising coupons worth Rs 2,500 by calling toll free number 1860 266 6622 and registering their websites with our AdWords platform," Google India online sales head Sridhar Seshadri said in a statement here.
The SMBs can register at http://adwords.google.co.in.
"All SMBs with online presence will be able to avail our advertising coupons worth Rs 2,500 by calling toll free number 1860 266 6622 and registering their websites with our AdWords platform," Google India online sales head Sridhar Seshadri said in a statement here.
The SMBs can register at http://adwords.google.co.in.
Tiger Census need to advanced - Meghalaya wildlife Dept
With unofficial estimates of the tiger population in India being as low as 1,100-1,200, forest officials in Meghalaya have called for the availability of advanced techniques for more accurate census-taking.
Forest Officer S. Kumar has said that the forest department has asked the Wildlife Institute of India to use advanced census-taking techniques to find the exact number of tigers in the state.
Forest Officer S. Kumar has said that the forest department has asked the Wildlife Institute of India to use advanced census-taking techniques to find the exact number of tigers in the state.
Windows Mobile 7 to be charged in the competetive Mobile S/W market
Earlier in the week, Microsoft showed off its attractive new mobile platform. The new operating system, Windows Phone 7 Series, promises a radical change in the world of Microsoft-powered phones, but one thing that remains the same, the company confirmed, is that phone manufacturers will still have to pay to license the software. With Android (and now Symbian) open source, and the BlackBerry and iPhone software not available to third parties at all, this means that Windows Phone will be the only major smartphone OS available on a paid basis.
TATA Teleservices become No.1 operator in new subscriber base for 6th month in a row
Mobile services provider Tata Teleservices (TTSL) today said it has added 2.98 million subscribers in January 2010 to become the number one operator in terms of subscriber addition for the sixth straight month, pipping rivals Bharti Airtel and Vodafone.
Bharti Airtel added 2.85 million new users, closely followed by Vodafone which added 2.7 new users, GSM operators' body COAI said in a release.
Bharti Airtel added 2.85 million new users, closely followed by Vodafone which added 2.7 new users, GSM operators' body COAI said in a release.
Wednesday, February 17, 2010
Stimulus to be withdrawn gradually in 2010-11
The government will gradually wind down its growth-supporting stimulus over the next fiscal year beginning on April 1, but will still need to borrow a record amount from the market, a Reuters survey of economists showed.
The government will present its budget for the fiscal year 2010/11 on Feb. 26, with markets waiting for details on the stimulus, borrowing, and fiscal deficit as well as a roadmap for introducing a new Goods and Services Tax (GST).
The government will present its budget for the fiscal year 2010/11 on Feb. 26, with markets waiting for details on the stimulus, borrowing, and fiscal deficit as well as a roadmap for introducing a new Goods and Services Tax (GST).
BSE moves +ve - ends 16415 & Nifty ends green
Equities pulled back above psychological resistance levels following positive opening of European markets. All the sectoral indices were
in the green led by metals, banks and auto stocks.
Bombay Stock Exchange’s Sensex closed at 16415.91, up 189.23 points or 1.17 per cent. The index touched a high of 16480.49 and low of 16228.91.
National Stock Exchange’s Nifty ended at 4910.75, up 55 points or 1.13 per cent. The broader index hit a high of 4929.70 and low of 4857.60.
in the green led by metals, banks and auto stocks.
Bombay Stock Exchange’s Sensex closed at 16415.91, up 189.23 points or 1.17 per cent. The index touched a high of 16480.49 and low of 16228.91.
National Stock Exchange’s Nifty ended at 4910.75, up 55 points or 1.13 per cent. The broader index hit a high of 4929.70 and low of 4857.60.
Court can order CBI probe without a State's consent
The Supreme Court on Wednesday upheld the constitutional validity of courts' powers to order Central Bureau of Investigation (CBI) investigation without the prior permission of state governments with a provision that this should be used carefully and cautiously.
A five-judge Constitution Bench headed by Chief Justice K G Balakrishnan in a unanimous judgement said such powers have to be exercised cautiously by the apex court and the High Courts.
A five-judge Constitution Bench headed by Chief Justice K G Balakrishnan in a unanimous judgement said such powers have to be exercised cautiously by the apex court and the High Courts.
Science & Maths to be taught same across the country.
State boards across the country have agreed to implement a core curriculum in science and mathematics at the higher secondary level.
The decision taken by the Council of School Board of Education (COBSE) on Tuesday will be implemented from 2011-12.
The apex body for all school boards and councils also agreed to work towards a common entrance examination for professional courses by 2013. With concerns about stress faced by students mounting, the core curriculum is expected to be implemented smoothly. Putting in place a common entrance examination for courses like engineering, medicine may prove to be difficult, as it would mean doing away with entrance exams like IIT-JEE. Both decision would be referred to the Central Advisory Board on Education for approval.
The decision taken by the Council of School Board of Education (COBSE) on Tuesday will be implemented from 2011-12.
The apex body for all school boards and councils also agreed to work towards a common entrance examination for professional courses by 2013. With concerns about stress faced by students mounting, the core curriculum is expected to be implemented smoothly. Putting in place a common entrance examination for courses like engineering, medicine may prove to be difficult, as it would mean doing away with entrance exams like IIT-JEE. Both decision would be referred to the Central Advisory Board on Education for approval.
Govt extends hands to Bharti for Zain deal
The government offered all help possible to enable private telecom player Bharti Airtel see through the acquisition of Kuwait-based Zain's telecom operations in Africa.
"The Bharti management has not approached us yet. If they do, I will be very happy to help them because when they go out, it's not the company alone but they are our flag-bearers. We will do the utmost of what we can," Corporate Affairs Minister Salman Khurshid said.
"The Bharti management has not approached us yet. If they do, I will be very happy to help them because when they go out, it's not the company alone but they are our flag-bearers. We will do the utmost of what we can," Corporate Affairs Minister Salman Khurshid said.
JK Lakshmi cement plans to expand its presence to cope with infra industry needs
JK Lakshmi Cement is considering plans to set up a new plant in Gujarat with an investment of Rs 1,000 crore over the next 3-4 years to meet rising cement demand from the infrastructure sector, a senior company executive said.
The proposed two million tonne unit will boost its existing operations, which includes a cement plant in Sirohi (Rajasthan), besides a grinding unit near Ahmedabad, with total annual cement making capacity of 4.7 million tonne. The company is also in the process of setting up a second 0.6-million tonne cement grinding unit in Haryana. In addition, JK Lakshmi Cement had previously announced plans to set up a 2.7-million tonne cement unit in Chhattisgarh by October 2012, which would take its annual cement-producing capacity to 8 million tonne.
The proposed two million tonne unit will boost its existing operations, which includes a cement plant in Sirohi (Rajasthan), besides a grinding unit near Ahmedabad, with total annual cement making capacity of 4.7 million tonne. The company is also in the process of setting up a second 0.6-million tonne cement grinding unit in Haryana. In addition, JK Lakshmi Cement had previously announced plans to set up a 2.7-million tonne cement unit in Chhattisgarh by October 2012, which would take its annual cement-producing capacity to 8 million tonne.
Wipro & CAE Inc joins to enter defence sector.
Wipro on Wednesday announced it has signed an agreement with CAE Inc to jointly address the growing simulation-based training,operations, maintenance and training support services opportunities for India's defence forces.
Wipro and CAE would collaborate to provide training systems integration and simulation-based solutions for areas like war gaming, C4ISR and a range of defence platforms expected to be acquired by India's defence forces, the Bangalore-headquartered Wipro said in a statement.
Wipro and CAE would collaborate to provide training systems integration and simulation-based solutions for areas like war gaming, C4ISR and a range of defence platforms expected to be acquired by India's defence forces, the Bangalore-headquartered Wipro said in a statement.
Suzuki to launch its sedan in India this yr end
Japanese car maker Suzuki's Kizashi sedan will be launched in India shortly, according to Gene Brown, vice-president of American Suzuki Motor Corp.
He was speaking at the Chicago Auto Show show in the US where he said that the company had plans to launch Kizashi in the Indian market.
He was speaking at the Chicago Auto Show show in the US where he said that the company had plans to launch Kizashi in the Indian market.
London Mayor to reconsider LDA's decision to close its offices in India
After top British business leaders criticised the London Development Authority (LDA) for closing its offices in Delhi and Mumbai as a
Visa cost-cutting measure, the London mayor's office is reconsidering the decision.
The London mayor's economic development agency has revealed that it is reviewing its presence in India after it emerged that two representatives working in the country had left and have not been replaced.
Visa cost-cutting measure, the London mayor's office is reconsidering the decision.
The London mayor's economic development agency has revealed that it is reviewing its presence in India after it emerged that two representatives working in the country had left and have not been replaced.
$4million fraud in Wipro
A Wipro employee embezzled crores of rupees over the past three years, sending India’s third-largest software exporter Wipro scrambling to tighten internal controls in the finance division where the fraud took place.
The employee had been working with the company for the past three years in the ‘controllership’ division within the finance department. This cell is responsible for keeping the company’s financial books and also has powers to authorise payments whenever needed. The employee is believed to have embezzled about $4 million by stealing a password and transferring money from Wipro’s account at a bank.
The employee had been working with the company for the past three years in the ‘controllership’ division within the finance department. This cell is responsible for keeping the company’s financial books and also has powers to authorise payments whenever needed. The employee is believed to have embezzled about $4 million by stealing a password and transferring money from Wipro’s account at a bank.
Leader in online gaming opens its first office in Banglore
Zynga, the largest social game provider announced the opening of its first office outside the United States in Bangalore, where it
would hire 100 techies for game development and large-scale web infrastructure.
The India operation would focus on game development and large-scale infrastructure to support delivery of Zynga games to millions of players ever day, senior company executives told reporters here.
Zynga India would add to its current games studios in San Francisco, Los Angeles and Baltimore.
"Social gaming combines the best of web technical talent with game storytelling talent", Zynga's Chief Technology Officer Cadir Lee said. "India offers some of the most sophisticated and rich technical talent".
Country Manager of Zynga India, Shan Kadavil said the company is looking to recruit about 100 computer scientists and engineers who are experienced in building scalable infrastructure to handle more than 70 million daily active users.
"Our focus will be on building the next generation infrastructure that can handle the tremendous growth of Zynga games", he said.
San Franscisco-headquartered Zynga has over 235 million monthly active users playing its games, including "Farmville", "Zynga Poker", "Mafia Wars", "YoVille", "Cafe World", "FishVille" and "PetVille", which are available on Facebook, MySpace, MSN Games, Tagged, Yahoo! and the iPhone.
would hire 100 techies for game development and large-scale web infrastructure.
The India operation would focus on game development and large-scale infrastructure to support delivery of Zynga games to millions of players ever day, senior company executives told reporters here.
Zynga India would add to its current games studios in San Francisco, Los Angeles and Baltimore.
"Social gaming combines the best of web technical talent with game storytelling talent", Zynga's Chief Technology Officer Cadir Lee said. "India offers some of the most sophisticated and rich technical talent".
Country Manager of Zynga India, Shan Kadavil said the company is looking to recruit about 100 computer scientists and engineers who are experienced in building scalable infrastructure to handle more than 70 million daily active users.
"Our focus will be on building the next generation infrastructure that can handle the tremendous growth of Zynga games", he said.
San Franscisco-headquartered Zynga has over 235 million monthly active users playing its games, including "Farmville", "Zynga Poker", "Mafia Wars", "YoVille", "Cafe World", "FishVille" and "PetVille", which are available on Facebook, MySpace, MSN Games, Tagged, Yahoo! and the iPhone.
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