HUL, which has banked on Bollywood stars to endorse its brands is now signing with Yuvraj Singh—to endorse one of its 100 year old product brands the LIFEBUOY
23 February 2008
Yuvraj to endorse LIFEBUOY
Hindustan Unilever, traditionally low-profile on cricket and cricketer-related advertising, seems to be finally joining the sports in a big way.
HUL, which has banked on Bollywood stars to endorse its brands is now signing with Yuvraj Singh—to endorse one of its 100 year old product brands the LIFEBUOY
HUL, which has banked on Bollywood stars to endorse its brands is now signing with Yuvraj Singh—to endorse one of its 100 year old product brands the LIFEBUOY
BJP TRAIN GUNS AGAINST UPA GOVT
BJP plans to raise terrorism, farmers suicides, price-rise and the Indo-US nuclear deal in the upcoming Budget session of Parliament commencing from Monday.
The BJP is expected to step up the offensive on the Congress-led UPA Government and put it on the mat on crucial issues affecting the common man. The BJP plans to raise the issues during the discussion on motion of thanks on President's address to the joint sitting of both Houses of Parliament, as also on during the discussion on the general budget.
The party is also likely to raise issues of step-motherly treatment to the NDA-ruled States and demand early Assembly elections in Karnataka, before the expiry of the President's rule in May-end.
Raising the pitch, BJP spokesman Prakash Javadekar targeted Congress president Sonia Gandhi for extending lip-sympathy to farmers during her recent visit to her parliamentary constituency of Rae Bareli, even as 11 more farmers committed suicide in the last 72 hours in Vidarbha region of Maharashtra.
Three farmers from Amaravati and Washim district and 2 from Yavatmal and 1 each from Bhandara, Nagpur and Wardha ended their lives. Farmers suicides continue unabated and the figure since January 1 has crossed over 140 in the last 50 days.
Javadekar accused the Congress of shedding crocodile tears on the plight of farmers without any concrete action plan. The Congress economics deprived the farmers of just remunerative prices.
The BJP is expected to step up the offensive on the Congress-led UPA Government and put it on the mat on crucial issues affecting the common man. The BJP plans to raise the issues during the discussion on motion of thanks on President's address to the joint sitting of both Houses of Parliament, as also on during the discussion on the general budget.
The party is also likely to raise issues of step-motherly treatment to the NDA-ruled States and demand early Assembly elections in Karnataka, before the expiry of the President's rule in May-end.
Raising the pitch, BJP spokesman Prakash Javadekar targeted Congress president Sonia Gandhi for extending lip-sympathy to farmers during her recent visit to her parliamentary constituency of Rae Bareli, even as 11 more farmers committed suicide in the last 72 hours in Vidarbha region of Maharashtra.
Three farmers from Amaravati and Washim district and 2 from Yavatmal and 1 each from Bhandara, Nagpur and Wardha ended their lives. Farmers suicides continue unabated and the figure since January 1 has crossed over 140 in the last 50 days.
Javadekar accused the Congress of shedding crocodile tears on the plight of farmers without any concrete action plan. The Congress economics deprived the farmers of just remunerative prices.
Minister advice to SRK
Union Health Minister Anbumani Ramadoss on Friday said public icons who passed off smoking on screens as "creative liberty" should take a leaf out of the book of actors like Aamir Khan how to use the artistic tool.
"Creative liberty should be used to improve society and not kill mankind", Ramadoss said in response to a query on public icons supporting smoking on screen as their right to creative liberty.
Look at Taare Zammen Par, he said, saying the film has helped in changing the mindset of thousands of teachers and parents in looking at the problem of dyslexia. "That is what creative liberty should do", he said.
Shah Rukh had recently defended in Delhi on-screen smoking saying it was a creative liberty of artistes. According to Ramadoss, increasing tobacco abuse by students was a growing matter of concern.
The Indian component of the global youth tobacco survey indicated that nearly 10 per cent of Indian high school going students used tobacco products. Studies from Nimhans pointed to decreasing age of alcohol consumption from 27 to 24 and now 19 years and increasing alcohol consumption among women, he said.
Changing dietary habits was also giving rise to problems like childhood obesity. "We appear to now even overtaking countries like the us on the issue of obesity", he said.
Ramadoss had last month said Bollywood stars Shah Rukh Khan and Amitabh Bachchan can learn a thing or two from superstar Rajinikant regarding smoking on screen. He had also said Khan should not have smoked in the stands while watching a cricket match in Mumbai.
22 February 2008
Left seeks probe into IPL Money Spinning
The Left parties on Friday demanded that the Centre probe into the source of "hundreds of crores of rupees of black money" spent on the auction of Indian cricketers and that how a senior member of the government was associated with the "'outrageous gambling".
Top leaders of the CPI(M), CPI and Forward Bloc deplored the "pampering" of cricket, at the expense of other games - be it hockey, football or athletics -- which were being eliminated systematically.
Top leaders of the CPI(M), CPI and Forward Bloc deplored the "pampering" of cricket, at the expense of other games - be it hockey, football or athletics -- which were being eliminated systematically.
Vijayakanth Looking for Partners
After realising that it will be effort in vain to contest Election alone Vijayakanth DDMK leader has now decided to come down from his original stand that he would fight elections alone, what ever be the Consequences.
He says now His party is ready to form Alliance with Congress and Left Parties.As reader may be aware,Congress high Command did depute Mr Arunkumar to explore every posiblity to provide alternate alliance other than DMK and the ADMK.
Now that DMK has understood Congress is drifting away from DMK not only on the Allaince front even on the Ram Sethu issue.It is trying its best to hold PMK,giving some fringe benefits.
BJP,ADMK and the MDMK has almost struck a anallaince for the coming LOKSABHA.
Now Vijayakanth Voicing it remains to be seen the Stalwarts in the Left front decide desert DMK or stick on??
He says now His party is ready to form Alliance with Congress and Left Parties.As reader may be aware,Congress high Command did depute Mr Arunkumar to explore every posiblity to provide alternate alliance other than DMK and the ADMK.
Now that DMK has understood Congress is drifting away from DMK not only on the Allaince front even on the Ram Sethu issue.It is trying its best to hold PMK,giving some fringe benefits.
BJP,ADMK and the MDMK has almost struck a anallaince for the coming LOKSABHA.
Now Vijayakanth Voicing it remains to be seen the Stalwarts in the Left front decide desert DMK or stick on??
A New education Plan with a difference
This is the Message from the Founder of Sushilhari Residential School,KELAMBAKKAM Shri Siva Sankar Baba
Today's education does not bring out the hidden talents in your children. To quote from Bernard Shaw, 'The educational institutions are places where diamonds are dimmed and pebbles are polished.' This is the piteous condition of our institutions today.
Children are forced to carry a heavy load of books, regardless of relevance; they have periodic unit tests and their homework is done by their parents. Children's lives have been mechanical and they have started nurturing a hatred for school life. The same children relish reading 'Amar Chitra Katha' stories at night, because these books are interesting.
So why have you not made the study lessons too, interesting? If you are able to create lessons as interesting as story books are, would not the children be eager to learn? A child that is able to view TV programmes till 12:00 midnight, would definitely learn lessons taught through the same medium.
We have introduced a new education plan. BUT WITH A DIFFERENCE!
Your child need not rush to catch the van in the morning. I have created a paradise at Kelambakkam. Your children will stay there, wake up in the morning to the music of the birds and nature's motherly touch, they will participate in the Yagna there, do some body building exercises at our well-equipped gym. They will get fresh milk from our dairy farm, good food cooked in healthy surroundings that will take care of their physical well being. They will be given excellent education. They will also have lot of spare time to play at our vast playground.
They will not 'bear the burden of books on their shoulders.' They will not have the burden of examination. They will be assessed on what they learn.
For instance, when you were young, you were taught 'There was 165cm. rainfall at Darjeeling.' For all you knew, Darjeeling could have been an elephant or a horse! You did not know what 165cm. meant. You will recite by rote, 'Emperor Asoka planted trees' and be awarded cent percent marks.
An education that never allowed you to understand what you were taught. a B.Com. graduate may not know to fill up a money order form or a credit coupon. a B.E. graduate would be at loss to rectify a fuse. What sort of education is this?
In our school, our children will learn whatever is required for a full-fledged personality. They will know painting, dance, music, yoga, karate, carpenting, plumbing, foreign languages; they will be chiseled into total personalities ready to face the world and swim against the current, if need be. Their school desk education will be for five hours only. Rest of the time, they will learn to master other topics. The latent potential in each student will be tapped - gently but firmly. Our aim is to make children totally able, self-confident citizens. I have brought the best books, audio cassettes from across the world. I have set up an in-house theater, a ready made swimming pool. Your children will start loving school and will want to stay back even during holidays.
I have created this school on such a psychological plane.
BENEFITS :
We have come to make a mark on this world. A time is nearing when the world will speak of us. We know each other. We know our potential. It is no big deal talking about our accomplishments. Let us just keep doing our duty. The world will speak of us one day. I have already stated as my quotation, 'World's envy, God's pride'. Samratchana is an establishment that does God proud, and the world will covet our achievements.
RamaRajya (spiritual complex) is not one of the resorts. It is the only resort. We are aiming big. We are acting fast. Our decisions are right. It is the result that is important and not projection. I am result oriented and am looking at ways and means for a more productive Samratchana.
Samratchana is actually not an organization. It is a model of Vasudeva Kudumbakam (the concept of the world as one family). Amidst spiritual establishments, Samratchana stands a class apart as a spiritual family, because it has mastered the art of volunteer service.
Samratchana is the center for self-realization, helping people become aware of their innate Divinity. Lack of material resources and lack of direction is deflecting people away from their divinity. Samratchana offers various facilities that cater to the needs of people making them healthier, self-sufficient leaders, so they can use their time to realize the Divinity that they are.
Samratchana has successfully eliminated the need for money as a resource as also the distinction of caste, creed, gender, materialistic station. There is no paid staff anywhere in this organization (I am using the term 'organization' because people seem to understand that better). Volunteers, who have understood My concept of Universal Love and the whole world being one family, render the various services during their leisure time. I never ask anyone to do service. I illustrate by doing it myself; I am the first volunteer of Samratchana. By observing me, people get drawn into serving everyone as God.
Samratchana is growing into a huge establishment. It is gaining international recognition. Keep watching! The time is soon coming when people will want to employ our Samratchana children. Already people are eager to take Samratchana girls as their brides. Samratchana children do not look down on any type of work. They maintain their houses well, they polish chappals. They do not entertain anger. They are very patient. So our children have a great demand in the marriage market.
So also, employers would want to employ Samratchana students (students of SushilHari International Residential School), because these children would be brought up well and capable of doing any type of work. They would have been trained on every skill necessary for a human being.
SushilHari School is here to bring out the best in your child. A highly interactive way of education, with more of video presentations and very little homework and examinations. Children after their schooling come out not just with academic knowledge but are also well versed in many other arts like Music, Dance, Instruments, Yoga, Veda, Meditation, Swimming, Sports and are also trained in handling small electrical, carpentry, mason work, day-to-day banking and insurance transactions etc., which are required for the practical day-to-day living.
The education is based more on a holistic ground than on only academic front. The child comes out as an independent and confident individual once out of SushilHari School.
www.sushilharischool.org
Today's education does not bring out the hidden talents in your children. To quote from Bernard Shaw, 'The educational institutions are places where diamonds are dimmed and pebbles are polished.' This is the piteous condition of our institutions today.
Children are forced to carry a heavy load of books, regardless of relevance; they have periodic unit tests and their homework is done by their parents. Children's lives have been mechanical and they have started nurturing a hatred for school life. The same children relish reading 'Amar Chitra Katha' stories at night, because these books are interesting.
So why have you not made the study lessons too, interesting? If you are able to create lessons as interesting as story books are, would not the children be eager to learn? A child that is able to view TV programmes till 12:00 midnight, would definitely learn lessons taught through the same medium.
We have introduced a new education plan. BUT WITH A DIFFERENCE!
Your child need not rush to catch the van in the morning. I have created a paradise at Kelambakkam. Your children will stay there, wake up in the morning to the music of the birds and nature's motherly touch, they will participate in the Yagna there, do some body building exercises at our well-equipped gym. They will get fresh milk from our dairy farm, good food cooked in healthy surroundings that will take care of their physical well being. They will be given excellent education. They will also have lot of spare time to play at our vast playground.
They will not 'bear the burden of books on their shoulders.' They will not have the burden of examination. They will be assessed on what they learn.
For instance, when you were young, you were taught 'There was 165cm. rainfall at Darjeeling.' For all you knew, Darjeeling could have been an elephant or a horse! You did not know what 165cm. meant. You will recite by rote, 'Emperor Asoka planted trees' and be awarded cent percent marks.
An education that never allowed you to understand what you were taught. a B.Com. graduate may not know to fill up a money order form or a credit coupon. a B.E. graduate would be at loss to rectify a fuse. What sort of education is this?
In our school, our children will learn whatever is required for a full-fledged personality. They will know painting, dance, music, yoga, karate, carpenting, plumbing, foreign languages; they will be chiseled into total personalities ready to face the world and swim against the current, if need be. Their school desk education will be for five hours only. Rest of the time, they will learn to master other topics. The latent potential in each student will be tapped - gently but firmly. Our aim is to make children totally able, self-confident citizens. I have brought the best books, audio cassettes from across the world. I have set up an in-house theater, a ready made swimming pool. Your children will start loving school and will want to stay back even during holidays.
I have created this school on such a psychological plane.
BENEFITS :
We have come to make a mark on this world. A time is nearing when the world will speak of us. We know each other. We know our potential. It is no big deal talking about our accomplishments. Let us just keep doing our duty. The world will speak of us one day. I have already stated as my quotation, 'World's envy, God's pride'. Samratchana is an establishment that does God proud, and the world will covet our achievements.
RamaRajya (spiritual complex) is not one of the resorts. It is the only resort. We are aiming big. We are acting fast. Our decisions are right. It is the result that is important and not projection. I am result oriented and am looking at ways and means for a more productive Samratchana.
Samratchana is actually not an organization. It is a model of Vasudeva Kudumbakam (the concept of the world as one family). Amidst spiritual establishments, Samratchana stands a class apart as a spiritual family, because it has mastered the art of volunteer service.
Samratchana is the center for self-realization, helping people become aware of their innate Divinity. Lack of material resources and lack of direction is deflecting people away from their divinity. Samratchana offers various facilities that cater to the needs of people making them healthier, self-sufficient leaders, so they can use their time to realize the Divinity that they are.
Samratchana has successfully eliminated the need for money as a resource as also the distinction of caste, creed, gender, materialistic station. There is no paid staff anywhere in this organization (I am using the term 'organization' because people seem to understand that better). Volunteers, who have understood My concept of Universal Love and the whole world being one family, render the various services during their leisure time. I never ask anyone to do service. I illustrate by doing it myself; I am the first volunteer of Samratchana. By observing me, people get drawn into serving everyone as God.
Samratchana is growing into a huge establishment. It is gaining international recognition. Keep watching! The time is soon coming when people will want to employ our Samratchana children. Already people are eager to take Samratchana girls as their brides. Samratchana children do not look down on any type of work. They maintain their houses well, they polish chappals. They do not entertain anger. They are very patient. So our children have a great demand in the marriage market.
So also, employers would want to employ Samratchana students (students of SushilHari International Residential School), because these children would be brought up well and capable of doing any type of work. They would have been trained on every skill necessary for a human being.
SushilHari School is here to bring out the best in your child. A highly interactive way of education, with more of video presentations and very little homework and examinations. Children after their schooling come out not just with academic knowledge but are also well versed in many other arts like Music, Dance, Instruments, Yoga, Veda, Meditation, Swimming, Sports and are also trained in handling small electrical, carpentry, mason work, day-to-day banking and insurance transactions etc., which are required for the practical day-to-day living.
The education is based more on a holistic ground than on only academic front. The child comes out as an independent and confident individual once out of SushilHari School.
www.sushilharischool.org
Market in Deep Red
The flows are mixed at the FII desk and volumes are very low, according to sources.Dealers are cautious and expect a rangebound market. Trading interest among retail and other investors are negligible.
SENSEX 17,449.49 -285.19 -1.61
MIDCAP 7,616.41 -52.52 -0.68
SMLCAP 9,639.58 -53.41 -0.55
Nifty Down 1.5%
SENSEX 17,449.49 -285.19 -1.61
MIDCAP 7,616.41 -52.52 -0.68
SMLCAP 9,639.58 -53.41 -0.55
Nifty Down 1.5%
Iron Lady Turns 60
Former Chief Minister and AIADMK supremo J Jayalalithaa,also called Iron Lady of Indian Politics celebrated her 60th birthday (Makham star) at Tirukadaiyur,in the early hours of Thursday by performing various homams and special poojas.
The poojas lasted four hours. Accompanied by her confidante Sasikala and a few others, the former CM, clad in green silk saree, arrived at the Amirthagateswara temple around 5 am.
The priests received her with ceremonial temple honours. The homams and other poojas took place at ‘Nandhi Mandapam’, the inner prakaram of the temple. Journalists and partymen were not allowed entry into that area.
Jayalalithaa performed ‘Gho Pooja’ (cow worship), Gaja Pooja (elephant worship), Ganapathy Homam, Aayul Homam, Saptha Dravya Homam, Sudharsana Homam, Dhanvanthri Homam, Navagraha Homam and Mrutynjaya Homam.
Around 7.45 a.m the holy waters kept in the homam were showered on her. She also offered worship at the Amirthagateswara Sannathi and Abirami Amman Sannathi.
Tight police security was in place at the temple town. Besides, private securitymen had been deployed in large numbers outside the temple.
Her Party men has started gearing up for her English birthday which falls on 24th Feb
The poojas lasted four hours. Accompanied by her confidante Sasikala and a few others, the former CM, clad in green silk saree, arrived at the Amirthagateswara temple around 5 am.
The priests received her with ceremonial temple honours. The homams and other poojas took place at ‘Nandhi Mandapam’, the inner prakaram of the temple. Journalists and partymen were not allowed entry into that area.
Jayalalithaa performed ‘Gho Pooja’ (cow worship), Gaja Pooja (elephant worship), Ganapathy Homam, Aayul Homam, Saptha Dravya Homam, Sudharsana Homam, Dhanvanthri Homam, Navagraha Homam and Mrutynjaya Homam.
Around 7.45 a.m the holy waters kept in the homam were showered on her. She also offered worship at the Amirthagateswara Sannathi and Abirami Amman Sannathi.
Tight police security was in place at the temple town. Besides, private securitymen had been deployed in large numbers outside the temple.
Her Party men has started gearing up for her English birthday which falls on 24th Feb
Fire Mishap In Chennai
A major fire broke out in a commercial area in the city in the morning hours of Friday but no injuries were reported,according to police.
Sixteen fire tenders and three foam tenders along with 150 personnel were engaged in the fire-fighting operations at two chemical companies at Nainiappan Naicker Street in Parrys corner.The fire first broke out in a chemical company and later spread to another.
The cause of the fire was yet to be ascertained, police said adding the losses were said to be running into several lakhs of Rupees.
Sixteen fire tenders and three foam tenders along with 150 personnel were engaged in the fire-fighting operations at two chemical companies at Nainiappan Naicker Street in Parrys corner.The fire first broke out in a chemical company and later spread to another.
The cause of the fire was yet to be ascertained, police said adding the losses were said to be running into several lakhs of Rupees.
21 February 2008
China asks Details
China on Thursday asked the United States to provide information and data to the international community on the shooting down of a dying spy satellite. The Communist nation said it was closely following the possible harm caused by the American action to 'outer space and relevant countries'.
"China requests the US to fulfill its international obligations in real earnest and provide necessary information and data in a timely and prompt way so that the relevant countries can take precautions," Foreign Ministry spokesman Liu Jianchao told a regular bi-weekly news briefing in Beijing.
He said China was closely following "the possible harm caused by the US action to outer space and relevant countries".
The US said a missile launched from its navy ship in the North Pacific hit the errant satellite, which was in its final orbit, before entering the earth's atmosphere. Washington had, earlier this week, justified its plan to shoot down the satellite, saying it was different from the one China did when it killed an ageing satellite using a ground-based missile last year. The plan was to protect the population on ground, it said.
China had killed an ageing satellite using a ground-based missile in January last year, which made the Communist giant the third nation to do so after the US and erstwhile Soviet Union. Beijing's action had sparked off an alarm about a global arms race in outer space.
Source:Rediff.com
"China requests the US to fulfill its international obligations in real earnest and provide necessary information and data in a timely and prompt way so that the relevant countries can take precautions," Foreign Ministry spokesman Liu Jianchao told a regular bi-weekly news briefing in Beijing.
He said China was closely following "the possible harm caused by the US action to outer space and relevant countries".
The US said a missile launched from its navy ship in the North Pacific hit the errant satellite, which was in its final orbit, before entering the earth's atmosphere. Washington had, earlier this week, justified its plan to shoot down the satellite, saying it was different from the one China did when it killed an ageing satellite using a ground-based missile last year. The plan was to protect the population on ground, it said.
China had killed an ageing satellite using a ground-based missile in January last year, which made the Communist giant the third nation to do so after the US and erstwhile Soviet Union. Beijing's action had sparked off an alarm about a global arms race in outer space.
Source:Rediff.com
Market ends in Green
The market closed on a positive note with a smart recovery in late trade. Sensex closed at 17768, up 117 points and Nifty at 5191, up 37 points from the previous close. The CNX Midcaps index was up 0.4% and BSE Smallcaps Index was up 0.7%. The BSE IT index was up 5.3%. The market breadth was positive with advances at 728 against declines of 480 on the NSE
Woman Gang Raped By Security Gaurds
The Chandigarh Police on Thursday booked two Haryana Police personnel, part of the Haryana Governor's security team, and another person on charges of raping a 40-year-old woman.
The two security personnel - commando Vijendra and constable Dinesh of the Haryana Armed Police - were posted on security duty at the Haryana Raj Bhawan. Both have been arrested. The third accused, a guest of constable Dinesh, is a resident of Rohtak district in Haryana. He is still absconding.The victim, a resident of Mohali town is the mother of five children.
The victim told that police that she was returning home late Wednesday night with an acquaintance after doing catering work at the Rock garden when they were signalled to stop by the police personnel near the Haryana Raj Bhawan.
She alleged that she was taken inside one of the government houses and raped by three people. She was later dropped by these persons to Mohali in Punjab.
A number of catering service waiters, who worked with the woman, gathered outside the Haryana Raj Bhawan in the wee hours of Thursday after hearing of the rape incident. The Chandigarh Police had to send additional force to handle the situation.
The two security personnel - commando Vijendra and constable Dinesh of the Haryana Armed Police - were posted on security duty at the Haryana Raj Bhawan. Both have been arrested. The third accused, a guest of constable Dinesh, is a resident of Rohtak district in Haryana. He is still absconding.The victim, a resident of Mohali town is the mother of five children.
The victim told that police that she was returning home late Wednesday night with an acquaintance after doing catering work at the Rock garden when they were signalled to stop by the police personnel near the Haryana Raj Bhawan.
She alleged that she was taken inside one of the government houses and raped by three people. She was later dropped by these persons to Mohali in Punjab.
A number of catering service waiters, who worked with the woman, gathered outside the Haryana Raj Bhawan in the wee hours of Thursday after hearing of the rape incident. The Chandigarh Police had to send additional force to handle the situation.
Anil edges out Mukesh
Construction of the Mumbai Trans Harbour Link, a 21-km-long inshore bridge spanning Sewree on Mumbai Island and Nhava, the second longest bridge on the earth, will commence in December next and completed in five years from then.
Bid submitted by the Anil Ambani-led consortium of Reliance Energy and Hyundai of Korea won the contract for the prestigious project, defeating the consortium of IL&FS, SKIL Infrastructure and John Laing Construction led by his brother, Mukesh Ambani.
The bids were opened on Wednesday. The project worth Rs.6,000 crore is on a BOT (build, operate and transfer) basis. The Anil Ambani consortium bagged it for they had said they would collect the toll charges from user-vehicles for nine years and 11 months while his brother’s bid had quoted toll charges for 75 years.
Bid submitted by the Anil Ambani-led consortium of Reliance Energy and Hyundai of Korea won the contract for the prestigious project, defeating the consortium of IL&FS, SKIL Infrastructure and John Laing Construction led by his brother, Mukesh Ambani.
The bids were opened on Wednesday. The project worth Rs.6,000 crore is on a BOT (build, operate and transfer) basis. The Anil Ambani consortium bagged it for they had said they would collect the toll charges from user-vehicles for nine years and 11 months while his brother’s bid had quoted toll charges for 75 years.
Indian Icons to get more
The five icons — Sachin Tendulkar (Mumbai), Sourav Ganguly (Kolkata), Rahul Dravid (Bangalore), Yuvraj Singh (Mohali) and Virender Sehwag (Delhi) — will get 15 per cent more than the highest-paid player in their side.
Chennai Super Kings -IPL 20/20
Chennai Super Kings, a franchise team owned by N. Srinivasan’s India Cements, set the ball rolling by giving a $1.5 million start to the BCCI-promoted Indian Premier League Twenty20 championship auction of the Indian and overseas players here on Wednesday.
The cement major from South India made the highest bid for Mahendra Singh Dhoni, India’s new poster boy and captain of the ODI team and the ICC World Twenty20 winning Indian squad.
Dhoni’s price turned out to be the biggest single bid. Though accorded the icon status with a reserve price of $400,000, Dhoni did not belong to any of the eight regions and hence was put up for auction.
Hyderabad, owned by Deccan Chronicle, also displayed smart business sense by picking up some key players. It took a giant step by successfully bidding for Australian all-rounder Andrew Symonds for $1.35 million, only the second player to cross the one-million mark individually.
20 February 2008
Asian Market weakens sentiments
Sensex is trading at 17,736, down 338 points from the previous close. Nifty is at 5171, down 109 points. BSE Midcap index is down over 1% and BSE Smallcap index is down 0.9%. All sectoral indices, except IT, are trading lower.
Banking, capital goods, FMCG, power and realty stocks are witnessing maximum selling pressure.Asian market is seeing selling pressure and all Asian Markets are trading in Red.
Banking, capital goods, FMCG, power and realty stocks are witnessing maximum selling pressure.Asian market is seeing selling pressure and all Asian Markets are trading in Red.
Budget 2008
Income tax payers are likely to get a major relief in the Budget as the government prepares itself to please the middle class in the election year.
Finance Minister P Chidambaram can give a marginal but visible relief to personal income tax assessees this year, as tax collections have improved substantially over the past three years, sources said.
With buoyant tax collections in 2007-08, there is significant pressure on Chidambaram to reduce the effective rates. The minister has acknowledged that with better tax compliance, there could be a case for cut in rates.
The income threshold limit for an income tax payer could be raised from Rs 1,10,000 to Rs 1,25,000 or Rs 1,30,000, sources said.
Finance Minister P Chidambaram can give a marginal but visible relief to personal income tax assessees this year, as tax collections have improved substantially over the past three years, sources said.
With buoyant tax collections in 2007-08, there is significant pressure on Chidambaram to reduce the effective rates. The minister has acknowledged that with better tax compliance, there could be a case for cut in rates.
The income threshold limit for an income tax payer could be raised from Rs 1,10,000 to Rs 1,25,000 or Rs 1,30,000, sources said.
19 February 2008
India wins thirller
Yuvraj Singh,Irfan Pathan excellent batting Backed by superb Captains Knock by MS DHONI PAVED WAY FOR India win in the 8th ODI Against Srilanka in a thrilling Encounter.
Market ends flat
The markets have given up all its gains and are trading flat. Nifty has slipped below 5300 mark and Sensex is trading around 18,100 mark. The breadth is positive in the favour of advances with buying seen in broader markets. Oil & gas, metal, bank stocks are among the top gainers. Select power, realty and FMCG stocks are trading weak.
The midcap and smallcap index have outperformed the benchmark indices and are up nearly 1% each.
At 2.50 hrs IST, the Sensex is up 42.01 points or 0.23% at 18090.06, and the Nifty down 2.95 points or 0.06% at 5273.95.About 1700 shares have advanced, 1237 shares declined, and 88 shares are unchanged.Bajaj Auto is up over 6%. Nalco, ACC and Tata Power are up over 4% each. The other gainers are TCS, Ranbaxy and BPCL.
ONGC, Reliance are trading in green in the oil & gas pack. In the metal sector SAIL, Hindalco, Nalco are trading firm.
On the primary market front, OnMobile Global listed near its issue price of Rs 440.
Rupee opened at 39.75/$ versus 39.76/$ on Monday and was trading at 39.80 levels.
source:Moneycontrol
The midcap and smallcap index have outperformed the benchmark indices and are up nearly 1% each.
At 2.50 hrs IST, the Sensex is up 42.01 points or 0.23% at 18090.06, and the Nifty down 2.95 points or 0.06% at 5273.95.About 1700 shares have advanced, 1237 shares declined, and 88 shares are unchanged.Bajaj Auto is up over 6%. Nalco, ACC and Tata Power are up over 4% each. The other gainers are TCS, Ranbaxy and BPCL.
ONGC, Reliance are trading in green in the oil & gas pack. In the metal sector SAIL, Hindalco, Nalco are trading firm.
On the primary market front, OnMobile Global listed near its issue price of Rs 440.
Rupee opened at 39.75/$ versus 39.76/$ on Monday and was trading at 39.80 levels.
source:Moneycontrol
India in the Brink of Defeat
Will India be able to cross 238 at this juncture it is a tall order.With 4 batsman out only 99 on Board it looks very bleak.Yuvaraj there, can India look for a miracle??
Sangakkara Ton Helps Srilanka
Kumar Sangakkara hit a breezy 128 of 155 and shared a priceless stand of 153 with Skipper Jayawardene to rescue Sri Lanka from a bad start to post a decent score of 238-6.
India started dismally losing Tendulkar for duck.After 9 overs India were 29-1 with both Gambir and Uttapa at the Crease.
India started dismally losing Tendulkar for duck.After 9 overs India were 29-1 with both Gambir and Uttapa at the Crease.
2008 Budget
Government officials could expect a hint of their new pay structure in the Budget. Finance minister P Chidambaram is likely to make an indicative announcement with regard to implementation of the Sixth Pay Commission recommendations.
While the actual report may be given later, the commission headed by Justice B N Srikrishna is understood to have conveyed the relevant information to the finance ministry. The government may make an announcement on its intent to implement the recommendations in the Budget, sources said.
This is the last Budget of the UPA government and, politically, it wants to give out the right signals to government employees. The commission was set up by the finance ministry following an announcement by Prime Minister Manmohan Singh.
The Sixth Pay Commission’s recommendations are expected to result in a hike of 30-40% in basic salary of central government employees in various categories. In the current fiscal, the outgo on account of pay and allowances for the government — with an employee strength of over 3 lakh — has been pegged at Rs 46,379 crore.
While the actual report may be given later, the commission headed by Justice B N Srikrishna is understood to have conveyed the relevant information to the finance ministry. The government may make an announcement on its intent to implement the recommendations in the Budget, sources said.
This is the last Budget of the UPA government and, politically, it wants to give out the right signals to government employees. The commission was set up by the finance ministry following an announcement by Prime Minister Manmohan Singh.
The Sixth Pay Commission’s recommendations are expected to result in a hike of 30-40% in basic salary of central government employees in various categories. In the current fiscal, the outgo on account of pay and allowances for the government — with an employee strength of over 3 lakh — has been pegged at Rs 46,379 crore.
18 February 2008
High Court restricts TVS
Chennai High Court recently passed a interim Order restricting TVS to sell their Recent sensation FLAME.On approaching TVS Authorities,they sounded confidence so get nod from Divisional Bench,as it may be recalled that BAJAJ Had approached court to stay TVS FLAME ON the intellectual proprietary right
Bharat Ratna For Illyaraaja
Illayaraaja has been referred for the Highest civilian Award the Bharath Ratna according reliable sources from Delhi.Though the Government announced no awards this year Illayaraja name has come for discussion.
As the readers may be aware Raaja a great Indian film composer, singer, and lyricist. He has composed over 4,000 songs and provided background music for more than 800 Indian films in various languages in a career spanning 30 years.
His melody has won many hearts and his Thiruvasagam earned him the name equivalent to Bach,Bethoven.
Bharth ratna is too less a award for this Mastreo.
As the readers may be aware Raaja a great Indian film composer, singer, and lyricist. He has composed over 4,000 songs and provided background music for more than 800 Indian films in various languages in a career spanning 30 years.
His melody has won many hearts and his Thiruvasagam earned him the name equivalent to Bach,Bethoven.
Bharth ratna is too less a award for this Mastreo.
Correction over
The markets are still trading lower with selling pressure in realty, technology, power, oil, capital goods and auto stocks. However, midcaps and small cap indices have recovered a bit and trading in the green. The market breadth is still positive as 1827 shares have advanced, 1125 shares declined and 68 shares are unchanged. Among the global indices, asia closed mixed today. Europe is trading higher.
At 14.06 hrs IST, the Sensex is down 113.88 points or 0.63% at 18001.37, and the Nifty down 34.45 points or 0.65% at 5268.45.
Reliance pack stocks are among the most active stocks on the bourses. The ADAG stocks are hogging all the limelight after the bonus issue news Reliance Power is holding rock solid at Rs 419 with 11,094,397 shares.
At 14.06 hrs IST, the Sensex is down 113.88 points or 0.63% at 18001.37, and the Nifty down 34.45 points or 0.65% at 5268.45.
Reliance pack stocks are among the most active stocks on the bourses. The ADAG stocks are hogging all the limelight after the bonus issue news Reliance Power is holding rock solid at Rs 419 with 11,094,397 shares.
Bonus Share
Reliance Power Board will give free bonus shares to all it's shareholders to compensate the losses everyone of us suffered when the company was listed a week ago and now trading at Rs 415.
Anil Dhirubhai Ambani Group's Reliance Power shares are poised for up move on this news tomorrow on 18th Feb, Monday. This might lift the market up as well, the same way it pulled down the market on the Reliance Power IPO listing day of 11th Feb. On the listing day, Reliance Power share was down by 32%.
But Reliance Power board will not allot the bonus shares to company promoters. The company had issued the shares at Rs 450 while giving a discount Rs 20 a share to retail investors and accrued Rs 7,50,000 crore from IPO.
Anil Dhirubhai Ambani Group's Reliance Power shares are poised for up move on this news tomorrow on 18th Feb, Monday. This might lift the market up as well, the same way it pulled down the market on the Reliance Power IPO listing day of 11th Feb. On the listing day, Reliance Power share was down by 32%.
But Reliance Power board will not allot the bonus shares to company promoters. The company had issued the shares at Rs 450 while giving a discount Rs 20 a share to retail investors and accrued Rs 7,50,000 crore from IPO.
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