19 February 2008

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.

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.
Blogger Buzz: Updates and Bug Fixes for February 19th

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.

Hot news

There is strong Buzz that market may see 20000 before Budget..??

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.

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.