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Showing posts with label breaking news. Show all posts
Showing posts with label breaking news. Show all posts

Monday, 25 July 2011

Allahabad Court Order on Greater Noida Land


Allahabad Court Order on Greater Noida Land

The UPA government is concerned over problems arising out of the Allahabad high court order, asking to hold land acquisition in Greater NOIDA. The court has ordered that the land which has been turned by developers into a realty gold mine should be returned to the farmers.
This has thrown many middle-class buyers from Delhi into a tizzy as they had invested in new homes. The builders are making polite noises about returning the money, and the banks have refused to offer loans.
A senior source in the government said the issue had come up for discussion at a meeting of a group of ministers, and that it was concerned as much for the Delhi home buyers as it was about the farmers who have been short-changed.

Source: http://www.dnaindia.com/india/report_centre-uneasy-over-noida-land-order_1569075



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Tuesday, 19 July 2011

Gorkhaland Autonomy, Gorkhaland, Newspapers in West Bengal, Renamed, West Bengal News

Gorkhaland Granted Autonomy Within West Bengal: Newspapers Renamed in GTA

The Autonomous Territorian article, of
Gorkhaland is a raving from Bangalorean mathematicians. He added it is similar to but not identical to the Telangana problem. 
The major similarity is the perpetuation of a pseudo-medieval identity inclusive of violent means suborning both a development agenda as well as rule of law. Mamatha Bannerjee  said  its  a very similar peculiar agenda. 
She turned a labour agitation to oppose communists. One hopes she doesn’t believe in her BS and that she’ll just hoodwink Bengal into the 21st century…

It’s been alleged thatthe Statesman, a former newspaper of repute and recently a mere mouthpiece for the communists in Bengal, will be renamed in the districts of the GTA. The delay is in finding a catch name that still harks back to the original.

 

What will Gorkhaland’s one-point agenda leaders do now?

Will they be satisfied by Mamatha’s peace?


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Monday, 18 July 2011

Kingfisher Airlines, Kingfisher, IndiGo Hires 35 Pilots, From Kingfisher Airlines, Kingfisher Air Lines

 IndiGo hires 35 Kingfisher Airlines pilots over past eight months

MUMBAI: Budget carrier IndiGo has hired 35 pilots from rival Kingfisher Airlines over the past six to eight months, sources told ET. 

Gurgaon-based IndiGo, which kicked off its expansion plans with one of the largest aircraft orders in the industry earlier this year, is looking to hire aggressively. The hired pilots are said to be senior in rank, operating Kingfisher's ATR and A320 fleet. 

At least half of them are from Kingfisher' ATR fleet (turboprop aircraft with 60-70 seats capacity). 

"We have a requirement of 700-800 pilots over the next five years," IndiGo said in a reply to a mail sent to it over the issue. One of the pilots from Kingfisher said: "IndiGo has promised pilots from Kingfisher a command position within a fixed time on its A320 type and will impart conversion training from small aircraft to single-aisle A320." 

India's aviation sector does not allow poaching and pilots must serve a six-month notice to their employer before moving on to anew assignment. 

But industry sources said airlines have been cross hiring over the past one-year, as some airlines, such as Vijay Mallya-promoted Kingfisher, are expanding slowly while some struggling ones, such as Air India, have pilots scouting for jobs. Such pilots serve as a good resource for the fast-growing domestic aviation sector that is grappling with a shortage of trained pilots. 

Some pilots from Kingfisher and Air India have requested the sector regulator to do away with the compulsory notice period to facilitate easier movement. According to a recent report by research and analysis body Centre for Asia Pacific Aviation , India will need at least 90,000 crew, including pilots, to steer its aviation growth over the next 20 years. 

The sector is currently growing at 18%. Aircraft maker Boeing has forecast a $150-billion market for 1,320 new passenger airplanes in India over the next 20 years. Domestic air traffic growth through 2014-15 is forecast to touch 16.7% per annum.
Source:http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/indigo-hires-35-kingfisher-airlines-pilots-over-past-eight-months/articleshow/9265283.cms

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Saamna Slams Shahrukh, Party During Mumbai Blasts, Shivsena, SRK, Indecency, Inhumane, Mumbai News

MUMBAI: Saamna, the Sena mouthpiece, has slammed actor Shah Rukh Khan for hosting a party at his Bandra residence on July 13, when serial bomb blasts ripped through the city. 

In a front page report on Sunday, Saamna stated Khan organized the party to commemorate the release of Zindagi Milegi Na Dobara. Stating that Hrithik Roshan, Abhay Deol, Farhan Akhtar, Arjun Rampal and other Bollywood personalities attended the Khan do which went on till the wee hours of Thursday morning, the newspaper stated that the party has exposed Khan. "His true face which is that of a villain has come out before the world," the paper remarked. 

"Nearly 19 innocent people died in the multiple blasts inMumbai while hundreds of Mumbaikars were injured. Many of them are still battling for life and the city is in a state of shock. Despite this, Khan threw a party on Wednesday night and proved that he has nothing to do with Mumbai's grief," Saamna added.

Pointing out that many Mumbaikars cancelled their anniversary and birthday bashes in the wake of the tragedy that struck Mumbai, the mouthpiece reminded its readers that Aishwarya Rai-Bachchan cancelled a special function hosted by the French government to felicitate her. "However, Khan did not show the decency and the humanity to cancel his party," the newspaper said. 

The newspaper added Khan paid lip service to Mumbai by commenting on the blast on Twitter and then threw a party at 'Mannat', his Bandra residence. The Sena daily claimed that Khan has been condemned by his fans across the country.


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TRAI, 4G Auction Process, 4G Spectrum Auction, 4G Services, Telecom Regulatory Authority of India


Trai speeds up 4G auction process
The Telecom Regulatory Authority of India (Trai) has identified at least six blocks of 20 MHz spectrum each which can be auctioned to telecom companies for offering 4G services.
4G enables data speeds of 5-12 mbps on mobiles and is many times faster than 3G.
The spectrum identified includes the 700 Mhz band as well as the 2.5-2.6 gigahertz band. This means the government will be able to offer 4G spectrum to eight companies, leading to tough competition.
This exercise is part of Trai's plan to come out with recommendations on 4G auctions by October. A consultation paper on the road map is expected by August.
Two spectrum blocks in the 2,300 Mhz band have already been given for broadband wireless access (BWA) - with Reliance Industries getting a pan-India licence in collaboration with the HFCL group.
There are around 12 2G players and five 3G players per circle.
The 4G road map which Trai is working on envisages allowing voice-over-internet telephony between mobile and landline networks.
At present, internet calls are allowed between PC and PC, but without any connectivity to a PSTN network.
Permitting voice-over-internet calls will open a new market, especially for companies such as Reliance Industries, which have bought a pan-India BWA licence but cannot offer voice calls until they tie up with a 2G operator.
At present, they can offer only data services.
Source:http://www.rediff.com/business/slide-show/slide-show-1-tech-trai-speeds-up-4g-auction-process/20110718.htm


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Indian Origin Girl, Shree Bose, Grand Prize, Google Science Fair, Ovarian Cancer, Google Science Honour

Indian- origin girls bag Google science honour

An Indian- origin girl has developed a solution to the resistance of ovarian cancer cells to chemotherapy, bagging a grand prize at the first ever Google science fair.
A total of 15 students were selected for the final round and three girls were announced victorious as the search giant said it was ‘all about girl power’. Two of the three are Indians based in the US. Shree Bose, a high school student, won the grand prize of $ 50,000 ( Rs 22 lakh) scholarship and a trip to the Galápagos Islands with a National Geographic explorer as well as an internship at the European Organization for Nuclear Research (CERN).
She researched on ways to improve treatment of ovarian cancer after the cancerous cells develop certain resistance to chemotherapy. Through her study, she concluded that AMP kinase, an energy protein of cells, plays a role in the development of resistance. Bose completed her research under Dr. Alakanada Basu, University of North Texas Health Science Center in Fort Worth, Texas.
Another winner Naomi Shah in the age group of 15 to 16 years devised a model to show that improvement of indoor environment can reduce people’s dependence on asthma medications.
The third winner — Lauren Hodge in the age group 13- 14 — studied the effects of different marinades on the level of potentially harmful carcinogens in grilled chicken.

Source:http://in.education.yahoo.com/news/yedumailtoday/indian-origin-girls-bag-google-science-honour-20110715


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NRTIs Damage, DNA in Mitochondria, NRTIs Drugs, HIV AIDS, Cause Premature Aging, Dementia, Heart Diseases

 AIDS Drugs Linked to Premature Aging, Dementia, and Heart Disease: A study recently published in the journal Nature Geneticsexplains that nucleoside analog reverse-transcriptase inhibitors, or NRTIs, which are drugs used primarily in Africa and other developing regions of the world to treat HIV and AIDS, are responsible for causing heart disease, dementia, premature aging, and other age-related illnesses.
(NaturalNews) A study recently published in the journal Nature Geneticsexplains that nucleoside analog reverse-transcriptase inhibitors, or NRTIs, which are drugs used primarily in Africa and other developing regions of the world to treat HIV and AIDS, are responsible for causing heart disease, dementia, premature aging, and other age-related illnesses.
Scientists observed that the chemical compounds in NRTIs damage DNA in patients' mitochondria, which are the power producers for cells. When these important structural elements become harmed or destroyed, they are unable to produce energy for cells, which can lead to a host of health problems and eventually death.

Source:http://hken.ibtimes.com/articles/181835/20110718/aids-genetics-nrti-hiv-drugs.htm 

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Tata Announces, Tata Nano Flatpack House, World's Cheapest House, Tata Nano, Cheapest House, Nano House

Tata says the homes will be sold to those living in village areas and could also be sold to councils in bulk that are looking to build up areas. Mr Das also said the company was bouncing ideas off local councils to develop the most suitable style homes.

The houses are said to have a life expectancy of around 20 years.
Tata is also developing a larger 30 square metre home with optional extras, such as a front verandah and a solar energy system. Head of the house project at Tata, Sumitesh Das, recently said at the announcement, “We have already prepared two to three different designs based on discussions with users and are gathering more feedback. Hopefully, in the next six to eight months we should be able to roll it out in the market nationally.”

Source: http://www.caradvice.com.au/128924/tata-announces-worlds-cheapest-flatpack-house/

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Social Networking Sites, Social Networks, Microsoft Social Networking Site, Tulalip, Social Network

Socl.com, which was discovered on Thursday, first displayed a welcoming message announcing a new social networking offering called “Tulalip”, which read: “With Tulalip you can find what you need and share what you know easier than ever.” Tulalip is the name of an Indian tribe in Washington. Fake login buttons for Facebook and Twitter appeared on the upper right hand side of the socl.com landing page.

Microsoft’s social networking teaser is gone for now.  When clicking on the socl.com website a message is displayed from Microsoft explaining: “Thanks for stopping by. Socl.com is an internal design project from a team in Microsoft Research which was mistakenly published to the web. We didn’t mean to, honest.”
If you woke up this morning thinking, there just aren’t enough social networking sites to choose from, you’re in luck, because this week a home page for what seems to be a social networking site for Microsoft was found, prompting industry observers to speculate it is getting ready to launch a better social networking offering than Google+.
Source:http://socialbarrel.com/want-another-social-networking-site-one-moment-please/11371/

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Thursday, 14 July 2011

Nithyananda, Defamation on, Sun Network, Media Houses, Nithyananda Dhyanapeetam, Nithyananda Ashram

Nithyananda lodges plaint against Sun Group

CHENNAI:  Members of Nithyananda Dhyanapeetam, the ashram run by tainted godman Nithyananda, handed over a complaint to the Commissioner of Police in the city on Wednesday, alleging they had been threatened, assaulted and money had been extorted from them by persons related to the media houses that brought out the video allegedly showing their leader being intimate with actress Ranjitha.
The complaint was filed by Nithyathmaprabhananda, the manager of Nithyananda’s ashram. It identified Lenin and Aarthi Rao as the persons who produced the obscene video and also accused the duo of blackmailing, threatening and extorting money from representatives of the ashram.The complaint notes that ashram representatives had been held hostage and beaten up till they coughed up close to Rs 40 lakh. It also names an advocate Sridhar, an individual named Kumar, Nakkeeran Gopal and Kamaraj of the Nakkeeran group of publications, Sun Network COO Hansraj Saxena and his aide Iyappan as among others who threatened and ordered assaults on representatives of the ashram.“We didn’t give the complaint earlier because the situation was not conducive. We have been threatened, harassed and assaulted. We request the government to take stringent action against these people,” said Nithyananda, reflecting the words of actress Ranjitha from a day earlier.His complaint also included a recording of a phone conversation with Sridhar threatening the ashram representatives to pay up or have the obscene video published and broadcast.The complaint carries a detailed account of the negotiation process between ashram representatives, initially with Sridhar and subsequently with Nakkeeran Gopal, Kamaraj and Iyappan.
Source:http://expressbuzz.com/cities/chennai/nithyananda-lodges-plaint-against-sun-group/293954.html

 


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Rajinikanth Latest News, Rajinikanth News, Rajinikanth Health, Rajini Returned Home, Rajinikanth Recovered

CHENNAI: South Indian superstar Rajinikanth returned to a rapturous welcome from his fans in Chennai on Wednesday night. 

The actor was accompanied by his wife Latha Rajinikanth and two daughters Aishwarya and Soundarya. 

All along the route to his house in Poes Garden, fans associations had put up banners and festoons. Rajinikanth drove straight to his house. Doctors have advised him rest for another month. 

Security at the airport was heavy as several hundreds of fans from various parts of the state turned up to get a glimpse of the superstar arrived by Singapore Airlines. The 60-year-old actor left for Singapore on May 27 and was admitted to the Mount Elizabeth Hospital the next day. 

Rajinikanth was discharged from the hospital last month, but he continued to remain in the island for periodic check-ups and to get sufficient rest.

Source:http://timesofindia.indiatimes.com/city/chennai/Rajini-back-home-fans-celebrate/articleshow/9218828.cms


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Wednesday, 13 July 2011

ICAI President, G Ramaswamy, ICAI Accounting Standards, ICAI, Audit Procedures For Cooperatives

G Ramaswamy, President, ICAI




What are the current priorities before ICAI on standards for accounting? 
We are giving a lot of focus on framing accounting standards and audit guidelines for the cooperative sector. This sector is very important and there is need for better governance and transparency here. Except Maharashtra and Gujarat, no other (state) government is taking strong steps in bringing corporate governance and transparency in the financial statements of cooperative firms. So, we want to lay down certain principles and procedures for our members who audit as well as prepare financial statements for cooperatives. We are meeting all state ministers and requesting them to improve cooperative (sector) audits in their states.


What does this mean? Will these standards also cover non-government organisations (NGOs)? 
We will be telling how cooperative audits can be carried out in a transparent way, about the need for a uniform financial statement and also details about the disclosures required for better governance. No, NGOs will not be covered under this set of guidelines. We are working on framing accounting and audit guidelines for NGOs separately. Identification of the source, disclosure of the money and utilisation of the funds to see if it has been used for the purpose the trust was established are all key to NGO accounting guidelines.


Rahman Khan, deputy chairman of the Rajya Sabha, had recently suggested ICAI prepare some standards to assess presumptive losses/gains for a standard assessment. Is it practical? 
We have received this suggestion from him. We need to see if there are any practices followed internationally. We have to discuss it with him to understand what his expectation is.

Which industry-specific standards are you working on? 
We are preparing a guidance document for audit in rate-regulated sectors such as power, fertiliser, oil and gas, etc. These are areas where the rates are regulated by authorities. The guidance note will tell our members how to recognise the revenues and prepare the reports for these sectors.

The government has allows chartered accountants to form Limited Liability Partnership (LLP) firms. How will it impact the profession? 
LLP is an important tool for growth. But we had several apprehensions when the government clarified we can set up LLPs. We wanted to know if LLPs could be statutory auditors, because under current law, body corporates cannot be appointed statutory auditors. The government then clarified that our LLPs formed for this specific purpose will not be treated as body corporate, which means the LLP form of chartered accountant firms can carry out attesting functions or statutory audits. They can be appointed as tax auditors or statutory auditors. It also gives young chartered accountants lot of opportunity to join together and form big audit firms.

Source: http://www.business-standard.com/india/news/qa-g-ramaswamy-president-icai/442406/


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Tuesday, 12 July 2011

AP Govt, Ready To Issue, Telangana Separate State, Telangana Crisis, Andhra Pradesh

 AP govt ready to hand over Telangana:

 

The Andhra Pradesh government appears to be testing the waters on the Telangana issue. 

As students from the Telangana region went on a mass indefinite hunger strike from Monday onwards, the government has made its decision on the issue and is trying to buy more time before it could make an announcement.

Sources now confirm that the decision to hand over a separate Telangana has already been made by the government in consultation with the Union government. 

Earlier, it was being said that they would keep Hyderabad as a common capital for five years. But now they have decided to maintain that position for ten years.


There is an ongoing consultation process with leaders from all parts of Andhra Pradesh on the issue. 

While leaders from Andhra and Rayalseema appear to have agreed to this position, the leaders from Telangana continue to remain adamant about sharing a capital. 

The government says that it has no choice, as any change in this position would be very unfair on the cosmopolitan population of Hyderabad.
But Telangana leaders say that this is being done only to facilitate the investors who fear that they may lose out if Hyderabad becomes an exclusive capital of Telangana.
Source:http://www.rediff.com/news/slide-show/slide-show-1-andhra-govt-ready-to-hand-over-telangana-sources/20110711.htm


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