Showing posts with label business news india. Show all posts
Showing posts with label business news india. Show all posts

Saturday, June 27, 2009

Latest Breaking News of India

Michael Jackson death still unsolved after autopsy

LOS ANGELES: Doctors conducted an autopsy on the body of Michael Jackson on Friday but could not immediately determine what killed the "King of Pop," amid reports he had been injected with a narcotic painkiller shortly before collapsing.

Jackson was in full cardiac arrest when paramedics arrived at his rented mansion in the Holmby Hills neighborhood of Los Angeles on Thursday afternoon, with his personal physician trying desperately to revive him.

The 50-year-old pop superstar was rushed to nearby UCLA Medical Center, where he was pronounced dead without regaining consciousness.

"The cause of death (determination) has been deferred, which means that the medical examiner has ordered additional testing such as toxicology and other studies," Los Angeles County Coroner's spokesman Craig Harvey said. "Those tests we anticipate will take an additional four to six weeks."

Speaking to a throng of reporters outside the coroner's office, Harvey said, "There was no indication of any external trauma or indication of foul play to the body of Mr. Jackson."

Police said they were seeking to question Jackson's personal physician, identified by news media as Houston-based cardiologist Dr. Conrad Murray.

Jackson's body was moved to a mortuary at the family's request on Friday night, assistant chief coroner Ed Winter told reporters. He did not disclose the location and there was no immediate word on when Jackson would be laid to rest.

Celebrity website TMZ.com, citing an interview with an unidentified "close member" of the Jackson family, reported the entertainer was injected with Demerol about half an hour before he went into cardiac arrest.

Daily shot of Demerol?

TMZ, citing family members, said Jackson received a daily shot of Demerol, a narcotic painkiller, and that the family believed his death was caused by an overdose of the drug.

Detectives searched Jackson's home and impounded Murray's Mercedes from the driveway, saying it might contain evidence.

An unidentified man called a 911 emergency phone line from the mansion at 12:21 p.m. local time, saying Jackson was unconscious and not breathing.

In excerpts from the call released by authorities, the caller said the physician was the only other person present and was frantically performing cardiopulmonary resuscitation on the unconscious Jackson without results.

"He's pumping, he's pumping his chest but he's not responding to anything, sir, please," the man said.

A senior law enforcement official told ABC News that Jackson was "heavily addicted" to the painkiller Oxycontin and was injected daily with that medication, along with Demerol.

Lawyer Brian Oxman, a Jackson family spokesman, said he had been concerned about the prescription drugs Jackson took due to injuries suffered while performing.

"I do not want to point fingers at anyone because I want to hear what the toxicology report says and the coroner says but the plain fact of the matter is that Michael Jackson had prescription drugs at his disposal at all times," Oxman said.

Fans and fellow pop stars revived memories of Jackson's musical genius, tarnished over the past decade by accusations of child molestation and eccentric behavior.

US President Barack Obama called Jackson a "spectacular performer" but said he believed aspects of his life were "sad and tragic," the White
House said.

Jackson feared dying like Elvis, says ex-wife Presley

LOS ANGELES: Michael Jackson told ex-wife Lisa Marie Presley he feared dying young like her "King of Rock 'N' Roll" father Elvis.

In a blog on her MySpace page titled "He Knew", Lisa Marie, who was married to Jackson for just under two years between 1994 and 1996, said her ex-husband had once confided his fear of dying suddenly.

"Years ago Michael and I were having a deep conversation about life in general," Presley wrote.

"I can't recall the exact subject matter but he may have been questioning me about the circumstances of my Father's Death. At some point he paused, he stared at me very intensely and he stated with an almost calm certainty, 'I am afraid that I am going to end up like him, the way he did.'"

Jackson's sudden death Thursday from an apparent cardiac arrest triggered an outpouring of grief that has evoked comparisons with the 1977 death of Elvis at the age of 42.

Presley also used her blog to hit out at the constant swirl of rumor and speculation surrounding her marriage to Jackson, which some critics derided as a public relations stunt designed to burnish the star's image after 1993 allegations of child abuse.

"I am going to say now what I have never said before because I want the truth out there for once," Presley said.

"Our relationship was not 'a sham' as is being reported in the press. It was an unusual relationship yes, where two unusual people who did not live or know a 'Normal life' found a connection, perhaps with some suspect timing on his part. Nonetheless, I do believe he loved me as much as he could love anyone and I loved him very much," Presley wrote.

"I wanted to 'save him' I wanted to save him from the inevitable which is what has just happened."

MJ asked Rahman to compose another 'We are the World’

Mumbai, June 27: The untimely demise of Michael Jackson has left a deep void in the global music scene. Indeed, Michael Jackson was the ‘King of Pop’, who ruled the music industry for decades with his foot-tapping numbers and astonishing dance moves. Remembering the legend of pop, Indian music prodigy AR Rahman extolled Michael Jackson and described him, “one of the greatest musicians of our time.”

For Rahman, Jackson was an exceptionally gifted musician who catapulted pop music to unbelievable heights during 80s and 90s.

Remembering his recent meet with Michael Jackson post the Oscar ceremony in Los Angeles, Rahman said that Jackson “Loved India and the people of the country. He told me that he heard good things about me and he was praising the chord progression of ‘Jai Ho’s’ chorus.”

For Rahman, Jackson was a rare musical prodigy who was the reservoir of talent. “He told me that every dance move he did, came from his soul,” said Rahman. Recalling Jacko’s dancing abilities, Rahman said that he was mesmerized by Jacko’s five second-demo as “It was a stunning example…like a lightning striking.”

Indeed, Jackson was an enlightened person who was concerned about greater issues such as war and global warming. “He asked me to compose a unity anthem on the lines of ‘We are the World’ for him. I nodded in awe,” said Rahman.

In Los Angeles, Jackson introduced Rahman to his kids and when the latter wished him luck for his upcoming concerts, Jackson politely said, “God bless you.”

Expressing disbelief on Jackson’s sudden death, Rahman said, “It took me time to believe that he is no more.”

Recollecting how his crew drew inspiration from the star performer, Rahman maintained, “I remember, my late sound engineer Sridhar brought me a video of the premiere of ‘Remember the Time,’ when I was recording ‘Kadal Rojave’ for my first film ‘Roja’. We were all so inspired that afternoon. Now, there is no Sridhar and no Jackson anymore. I hope all of us value people’s existence more and respect them when they are alive. Life is short. Artists and their art live forever. Jai Ho, MJ! We love you for your music, regardless of all the controversies.”

Kashmir was near resolution in 2001, claims Musharraf

Islamabad:Former Pakistan President Pervez Musharraf has claimed that the Kashmir problem was near resolution during his regime and dismissed accusations that the powerful army did not want the settlement of the issue.

Musharraf claimed he and former Prime Minister Atal Bihari Vajpayee had, during the 2001 Agra summit, even agreed to the draft of a joint declaration under which all issues, including Kashmir, could have been resolved.

"But the Indian leadership changed their mind at the last minute and did not support the joint declaration, saying that the Cabinet had not approved it," Musharraf said in an interview to 'Dunya News' channel.

Accusations that the Army does not want a resolution to Kashmir issue are ‘vicious propaganda’ and the need for the Army would remain even if the problem is resolved, he said.

Musharraf said he held talks with all stakeholders in the Kashmir issue, including the Hurriyat Conference and the leadership of Pakistan-occupied Kashmir, for the resolution of the issue "but no one could guide me in the right direction."

He also said he had convinced the entire leadership in Kashmir, except hardliner Ali Shah Gilani, about his four-point formula which envisaged de-militarisation and joint control of the region.

Maoists flee as security forces capture Ramgarh

Ramgarh (WB):Security forces captured key Maoist stronghold of Ramgarh as they launched a two-pronged attack to reclaim areas in West Midnapore district under control of Left-wing ultras who offered stiff resistance by detonating landmines and opening gunfire.

Maoists also torched an office of the Leftist trade union AITUC when they were refused sanctuary in the building shortly before the security forces entered Ramgarh.

Security forces headed from Lalgarh in the south and Kadasole, which was secured yesterday, in the north towards Ramgarh this morning, a senior CRPF officer said.

"We have secured Ramgarh. We will establish a police outpost and a camp. The police will restore normalcy. The operations will continue," IG CID (Special Operations Group) Siddhinath Gupta said.

Three landmines exploded as 10 companies comprising 1000 men of the CRPF, the India Reserve Battalion and Rapid Action force set out from Kadasole, braving heavy rains and reached Mohultol, with the Maoists also firing at them.

The security forces retaliated with AK-47s, mortars and rocket propelled grenade launchers overcoming the resistance swiftly, the officer said.

In the south, 11 CRPF companies comprising 1100 men reached Boropelia village, the home of the agitating People's Committee Against Police Atrocities leader Chhatradhar Mahato.

They were attacked by Maoists at Pathardanga where two landmines were detected. But the naxals retreated after retaliatory action.

People came out in droves to greet security forces as they arrived. The locals offered drinking water to the fatigued troops.

"We are smiling after many months. We were waiting for the security forces to arrive. They must have faced great difficulty in reaching our village," a resident said.

‘Govt to monitor crude oil prices before fuel price hike’

Panaji:The Government said that it will watch the situation on international crude oil prices before deciding on the petroleum price hike.

"Unfortunately the international crude oil prices have gone up. We are watching the situation," Union Minister for Petroleum and Natural Gas Murli Deora told reporters in Panaji.

He said the government will wait for little more to check whether the prices stabilise. "The cabinet will discuss the crude oil prices before deciding on the matter," he added.

The minister was in the state to participate in the conclave of oil companies. Deora along with Union Minister of State for Petroleum and Natural Gas Jitin Prasada met Goa Chief Minister Digamber Kamat and other state government officials.

The Union Minister said the Congress-led-government is fully aware that poor people suffer due to price hike and hence had cut down the prices when international prices are reduced.

Air India offers special monsoon fares

MUMBAI: After private air-carrier, Jet Airways, it is now the turn of national airline, Air India, to offer monsoon special fares to customers on select destinations on its domestic network.

Tickets under this offer can be purchased between June 27-July 3 for travel up to September 10, a company press release said here.

Under these special fares, travel from Mumbai to Delhi/Chennai/Bangalore/Hyderabad would cost Rs 2,479 all inclusive except user development fee, the release said.

Similarly, the fares for Mumbai-Kolkata would be Rs 2,729, whereas fares for Delhi to Mumbai and Kolkata would be Rs 2,479. it said.

However, the fares for travel from Delhi to Chennai, Kochi, Guwahati and Goa would be Rs 2,729, the release said, adding, fares on short sectors will be Rs 1,979 only.

Indian Sports News| Sports News |Indian Cricket News

Yuvi's ton helps India draw first blood

Kingston:A merciless 131 in 102 balls from Yuvraj Singh helped India to a 20-run victory over a battling West Indies in Jamaica on Friday in the first in a series of four one-dayers.

Singh's powerful hitting helped India amass 339 for six, the second highest one-day international score at Sabina Park, but the determined hosts ran them close as they were bowled out for 319 in the 49th over.

Chris Gayle (37) and Runako Morton (42) put on 65 inside 10 overs for the opening stand before Ramnaresh Sarwan (45) and an aggressive Shivnarine Chanderpaul (63) kept West Indies up with the run-rate.

The home team needed 25 to win off the last three overs with two wickets remaining but Rudra Pratap Singh bowled Sulieman Benn for seven.

Wicketkeeper Denesh Ramdin, who had kept the flame burning with a smart 29 in 26 balls, was then caught by Harbhajan Singh off Ashish Nehra.

Before Friday's game only Pakistan, against Zimbabwe in the 2007 World Cup, had managed to surpass 300 in an ODI at Sabina Park.

West Indies's total was a second-innings record at the ground.

After WC win, Pak players seek 'revised' IPL contracts

Karachi:Pakistan captain Younis Khan has advised his fellow players to revise their contracts with the Indian Premier League following the team's Twenty20 World Cup victory.

"After all, these players are now World champions and highly marketable. There is more value on their performances. Why should they keep on having contracts with the IPL franchises on same old contracts," Younis said.

He pointed out that top players like Kamran Akmal, Sohail Tanvir, Umar Gul and Misbah-ul Haq had signed contracts for USD 100,000 or less with the IPL when it was launched in 2008.

"But now the scenario is different. These players should talk to their agents in India and ask them to go for a hike in price from the IPL franchises," he said.

Pakistani players could not take part in the IPL second season which was shifted to South Africa from India due to security reasons.

They were advised against travelling to India for the IPL because of the strained relations between the two countries after the Mumbai terror attacks.

But IPL commissioner Lalit Modi said after Pakistan's World Cup win that he saw no problems in Pakistani players returning to play for their franchises in the IPL next year provided the Pakistan government gives them permission and the Indian government also clears them to play in India.

Younis said any money earned by the players from the IPL would be beneficial for them and for Pakistan as the money would come to Pakistan.

"I am happy if any of our players can be better packages in the IPL for next season," said Younis, who ended his contract with the Rajasthan Royals before the second season of the IPL.

Bhupathi faces Prakash in Wimbledon doubles’ pre-QF

London:Mahesh Bhupathi and Prakash Amritraj set up a pre-quarterfinal clash of the Wimbledon championships against each other after winning their men's doubles second round matches along with their respective partners in London on Friday.

Qualifiers Prakash and his Pakistani partner Aisam-ul-Haq Qureshi quelled a late challenge from Australian Rameez Junaid and Philipp Marx of Germany to carve out a 7-5 6-4 6-7(3) 6-7(3) 8-6 win.

Earlier, fourth seeds Bhupathi and his Bahamian partner Mark Knowles defeated Philipp Petzschner and Alexander Peya 6-3, 7-5, 6-7 (5-7) 6-3 in their second round match.

Prakash and Aisam were crusing comfortably and a straight set looked on card but Junaid and Marx staged a brilliant comeback and almost toppled their rivals.

However the Indo-Pak pair got their act together, held nerves and eventually triumphed after four hours and 18 minute struggle on the court.

Bhupathi and Knwoles wrapped up the first set under half an hour, converting one of the two breakpoints that came their way.

Murray marches on, Hewitt back to best

London:Andy Murray made light work of a tricky tea-time assignment at Wimbledon on Thursday while Lleyton Hewitt, the man who has already lifted the trophy the Scot so cherishes, rolled back the years to cause a big upset.

In front of 15,000 Centre Court fans and thousands watching the match on Henman Hill's giant screen, Murray devoured Latvian Ernests Gulbis 6-2 7-5 6-3 to clear another hurdle towards becoming Britain's first men's singles champion in 73 years.

Murray was joined in the third round by dogged Australian Hewitt, the 2002 champion, who produced a vintage display to dispatch fifth seed Juan Martin del Potro in straight sets.

Women's third seed Venus Williams, who along with her sister Serena has collected sackfuls of silverware here, powered past Ukraine's Kateryna Bondarenko to remain firmly on course for a hat-trick of singles titles.

The American five-time champion, who played with a strapping on her left knee, powered into the third round with a 6-3 6-2 victory and was joined in the last 32 by Russia's world number one Dinara Safina and French Open winner Svetlana Kuznetsova.

DAZZLING MAURESMO

On another day of record-breaking crowds mercurial Frenchwoman Amelie Mauresmo, champion here three years ago, also progressed, dazzling the sun-roasted fans on Court Three with a comfortable defeat of Kristina Kucova.

Argentina's Del Potro, occupying the place in the draw vacated by injured champion Rafael Nadal, was given a lesson in grasscourt play by Hewitt who posted a 6-3 7-5 7-5 victory.

Hewitt, backed by a vocal section of Australian fans decked out in yellow and green, moved his opponent all across the court and even flicked some lobs over the towering 20-year-old.

Venus keeps knee status a mystery at Wimbledon

Wimbledon (England):Venus Williams ambled onto sun-splashed Court 1 at Wimbledon, a slight hitch in her step and an odd-looking wrap around her left knee. White tape here, brown tape there.

Good thing the five-time Wimbledon champion didn't need to run to hit serves, huh? Powered in part by her big-as-can-be deliveries, Williams overwhelmed 73rd-ranked Kateryna Bondarenko of Ukraine 6-3, 6-2 in the second round to stretch her All England Club winning streaks to 16 matches and 27 sets.

Afterward, Williams was coy about the bandaging, saying it was "just for support." "I really hate tape - like, hate. But I just needed it this time. I accepted that, and I realise that this is Wimbledon. So since it was Wimbledon, I taped," said the American, trying to become the first woman since Steffi Graf in 1991-93 to win three consecutive titles at the All England Club.

Asked why she needed help for this match after not wearing anything on that leg in the first round Tuesday, Williams said: "Well, what happened was, I needed some support, and then I went and got the support, and then I wore it in the match. ...I mean, I think all the players might start wearing it, because it's so supportive."

At last month's French Open, where Williams lost in the third round, her father, Richard, said she had pain in her left knee. Her mother, Oracene Price, wouldn't offer an explanation on Thursday after watching Williams hit six aces at up to 191 kph Bondarenko, saying only, "Maybe she'll tell you. I'm not going have her screaming at me."

Paes-Dlouhy crashes out, Sania in doubles second round

London:In a major upset, French Open champions India's Leander Paes and Lukas Dlouhy of Czech Republic crashed out of the Wimbledon men's doubles even as Sania Mirza and Chia-Jung Chuang battled hard to make it to the second round in women's doubles, here Thursday.

Paes and his Czech partner went down to the unseeded US pair of James Blake and Mardy Fish 4-6, 4-6, 3-6 that brought an end to their campaign in the first round itself.

However, there was some cheer for India as Sania and her Chinese Taipei partner defeated Americans Jill Craybas and Carly Gullickson 6-4, 6-2 following a 79-minute battle.

Lot was expected from Paes and Dloughy after their triumph in the French Open early this month.

However, the third-seeded Indo-Czech duo failed to match their American opponents and went down in one hour 49 minutes.

The third-seeds paid for 11 double faults and 12 unforced errors compared to their rivals' one.

They also converted just three of the 19 breakpoints while Blake and Fish's converted six of the 12.

Sania and Chuang faced stiff competition from unseeded Craybas and Gullickson in the first set.

The 15th seeded Indo-Taipei pair had to wait till the eighth breakpoint of the fourth game to get their first break.

The Americans saved seven back-to-back breakpoints but the effort wasn't enough against their equally unrelenting rivals.

However, the compliment was returned in the next game as Americans converted their second chance.

Sania and Chuang were, however, unfazed and broke their rivals at love in the sixth game to get back the lead.

Sunday, May 24, 2009

Indian Latest News In Detail

Cong-DMK deadlock over Cabinet berths ends

New Delhi:Reports just in suggest that the deadlock between Congress and DMK over ministerial berths in the Cabinet is over. Sources claim that DMK has agreed to go with three Cabinet berths.

Earlier amidst hectic parleys with senior party leaders on joining the UPA government, DMK President and Tamil Nadu Chief Minister M Karunanidhi met National Security Advisor M K Narayanan for the second time and understood to have discussed the Sri Lankan Tamils issue in the aftermath of LTTE's decimation.

The NSA, who had met Karunanidhi last night and discussed the Sri Lankan issue, called on him again this morning at his residence here and held nearly half-an-hour long closed door talks, party sources said.

Narayanan was understood to have briefed him on talks held by him and Foreign Secretary Shivshankar Menon with Sri Lankan President Mahinda Rajapaksa on the rehabilitation of internally displaced persons in the island as well as the Lankan government's plans to work out a political package to grant equal rights to the minority Tamils.

However, there was no official word on the nature of this morning's discussions between Karunanidhi and Narayanan.

Karunanidhi also met senior party leaders, including state Ministers Duraimurugan, K Ponmudi and A V Velu and held talks on joining the UPA Government. His grandnephew Dayanidhi Maran and daughter Kanimozhi were also present during the meeting, party sources said.

Samajwadi Party expels Azam Khan for six years

LUCKNOW: Samajwadi Party on Sunday expelled senior leader Mohammad Azam Khan for six years for anti-party activities, capping weeks of bitter feud with SP leadership over its closeness with former BJP leader Kalyan Singh and its choice of Jaya Prada as candidate from Rampur.

"Azam Khan was involved in anti-party activities for a long time. Despite the national leadership's request he continued indisciplined behaviour and did not attend party meetings due to which he has been expelled from the party for six years," SP state president Shivpal Singh Yadav said.

60-year-old Khan, SP MLA from Rampur and a founder-member of the party, had actively campaigned against cine actor-turned-politician Jaya Prada in the constituency and made adverse comments against Amar Singh.

Khan had raised banner of revolt against the party leadership after declaration of Jaya Prada's candidature from Rampur and also Mulayam Singh Yadav's friendship with former BJP leader Kalyan Singh, who was the chief minister of Uttar Pradesh during the 1992 Babri mosque demolition.

He had termed Yadav's closeness with Kalyan Singh as against the sentiments of Muslims.

Khan alleged in Rampur that "the SP has been transformed into a party of brokers and capitalists, who have amassed black money to nurse their interests."



Mumbai: Crackdown on Shakeel gang, 7 arrested


Mumbai:With the arrest of seven alleged members of Chota Shakeel gang, Mumbai police have launched a crackdown on this underworld outfit to strike its network in India and South East Asia.

"Top members of Shakeel gang are in our custody. This will not only help us to know Shakeel's network in India and abroad but also to curb his activities," Joint Police Commissioner Rakesh Maria told PTI.

The first breakthrough came early this month following the arrest of five members of Shakeel gang who were allegedly on a mission to eliminate a lawyer.

They were idenfitied as Abdul Wahab Mohammed Hassan Faqeer, Mohammed Salaam Yakub Ali Hakeem, Ramesh Warkari, Salaam Mohammed Yousuf Kazi and Fazal-ur Rehman Khan. Later, Anil Mhatre, a shooter of this gang, was killed in a police encounter in south Mumbai.

Two sharp shooters and close aides of Shakeel, Gurpreet Singh and Rashid Malbari-- top rung members of the gang—are also in police custody. While Bhullar was extradited from Bangkok on May 14, Rashid was brought from Karnataka on a transit remand on May 18. The duo was arrested on their arrival in the city.

To a question on series of arrests only of Shakeel gang members, Maria said, "We are acting upon the information received from our reliable sources. It is not like we targeted only one gang and left other one."

China bigger threat than Pakistan, says IAF chief

NEW DELHI: India faces a greater threat from China than Pakistan because New Delhi knows little about Beijing's combat capabilities, India's air force chief told a newspaper in an interview published on Sunday.

The world's two most populous nations fought a brief but brutal war over their 3,500 km (2,200 mile) Himalayan border in 1962, and both sides claim the other is occupying big but largely uninhabited chunks of their territory. India has also been pursuing closer relations with the United States, something that worries China.

China has a standing army almost three times the size of Pakistan's, according to official figures and defence industry estimates, but it is the lack of knowledge about China's military that concerned Air Chief Marshal Fali Homi Major.

"We know very little about the actual capabilities of China, their combat edge or how professional their military is," Major told a newspaper. "They are certainly a greater threat."

India and Pakistan have fought three wars since independence in 1947 and tensions between the nuclear-armed neighbours rose sharply after last November's Mumbai attack, which killed 166 people. A slow-moving peace process was paused after the attack. Islamabad has acknowledged that the attack was launched from and partly planned in Pakistan, but rejected New Delhi's accusations that the gunmen had support from official Pakistani agencies.

Although India and China have signed a treaty to maintain "peace and tranquility" along their disputed frontier and agreed to find a political solution to the row, talks have hardly made progress even as their business ties boom. India blames the lack of progress on China's claim over the northeastern state of Arunachal Pradesh, in particular over its Buddhist enclave of Tawang.

New Delhi says it cannot part with populated areas to settle the border dispute. Major said the Indian air force was upgrading about five airbases, of which two would operate Russian Su-30 MKI fighters.

Indian Business News

Satyam may sack 8,000 non-billable staff

New Delhi:Satyam Computer is likely to sack most of its non-billable staff of up to 8,000 working in marketing, HR and administration wings, after Tech Mahindra takes charge of the company from June 1.

A Satyam official said there is no doubt that there will be large-scale sacking mostly of the support and non-billable staff (other than hardcore software engineers) once Tech Mahindra (the new owner of the company) directors come on board from June 1.

The surplus staff is about 10,000-12,000 and the 'least painful' ways of sacking is asking the bench, non-billable and support staff to go.

The company spokesperson, when contacted, said that at the moment these are mere speculations.

Sources also said the outsourcer may opt for "virtual pool" sacking method whereby the company would ask some of the staff to take 75 per cent of its salary and take one-year off and look for a job elsewhere with the fragile assurance that they would be recalled, if required.

Tech Mahindra CEO Vineet Nayyar, who will also come on board of Satyam from June after it acquired fraud hit company last month, had said last week that Satyam has about 10,000 surplus staff and "we are looking at the least painful ways to tackle the problem."

CLB may withdraw Satyam board members in Q2

New Delhi:Tech Mahindra, the new owner of Satyam, is likely to have full-board representation on the scam-tainted company soon as the government withdraws its six board members anytime next month.

A board member of Satyam said: "We get the indication from Company Law Board that once the four Tech Mahindra nominees join the Satyam board in June 1, CLB may direct the government - nominated board members to resign and ask Tech Mahindra to have the entire board representation any day after that.

Sources in CLB said it may give the direction after getting status report from the company. But at the moment there was no such request either from the government or any of the board members appointed by it.

When contacted, Satyam Board Chairman Kiran Karnik said "Our (the government-inducted board's) job is done. There is a new owner now, there is stability in the company". The company, according to sources, is also looking at changing the brand of Satyam like name and logo as it perceives the word fraud is now associated with it forever. These are long term policy decisions and can only happen once Tech Mahindra fully takes over.

Once the government takes off its board members, Tech Mahindra along with its own members can also appoint independent members as per the requirement, said the member. On Saturday Venturbay Consultants (an arm of Tech Mahindra) appointed four nominees on the board of Satyam, which will make a total of 10 directors on the Board. The CLB in January had appointed Kiran Karnik, Deepak S Parekh, C Achuthan, Tarun Das, S Balakrisha Mainak and T N Manoharan to the Board and had said they would continue on the Board until further orders of Company Law Board.

Finmin Pranab vows to protect economy


New Delhi:
India's new finance minister Pranab Mukherjee said on Saturday he would take steps to protect the economy from the adverse impacts of the global slump and promised to return the country to a high growth path.

Growth is expected to slow to less than 7 percent in the year to April 2009 from rates of 9 percent or more in the previous three years. It is seen slowing further to about 6 percent in 2009/10.

"Major economic issues have to be addressed, and various efforts will be made to insulate the economy from the adverse impact of the financial meltdown," Mukherjee told reporters outside his house after he was appointed finance minister.

He gave no details but he said in February spending might have to be increased to shield the economy from a global slump and stem job losses.

India's Congress-led coalition government led by Prime Minister Manmohan Singh was sworn in on Friday after winning a decisive mandate in a geneRal Election this month.

Besides Mukherjee, Singh named Somanahalli Mallaiah Krishna, another Congress party stalwart, to be the new foreign minister at a time of mounting instability in neighbouring Pakistan.

The Congress-led coalition has a stronger Parliamentary majority than the previous administration, meaning the government could last its full five-year term and focus on policy issues without the pressures of a fragile coalition.

Unfettered by its former leftist allies, Congress is likely to push reforms such as raising the foreign investment limit in insurance and opening up the pension sector to spur growth in Asia's third-largest economy.

IPL News|IPL Cricket News|Indian Sports News

Johannesburg:Lusty hitting by Virat Kohli (24 not out) and Ross Taylor (17 not out) powered Royal Challengers Bangalore to a six-wicket victory over Chennai Super Kings and into the final of the Indian Premier League.

The duo hit a couple of sixes each towards the end to set up title clash with Deccan Chargers after youngster Manish Pandey (48 off 35 balls) and experienced Rahul Dravid (44 off 39) set the tone with a 72-run partnership for the third wicket.

Chasing 147 for victory, Bangalore, who finished second from bottom last year, put themselves in all sorts of trouble as Jacques Kallis (9) and Roelf van der Merwe (2) were back into the pavilion with just 22 on board.

But Pandey picked up from where he left off in the last match. The 19-year-old, who scored an unbeaten 114 against Deccan Chargers -- the first century by an Indian player in the IPL -- timed his shots to perfection as Royal Challengers gradually picked up steam.

At the other end Dravid too semed to be enjoying himself as he found the boundaries on both sides of the wicket.

Together they almost took the game away from last year's runners-up before a rush of blood brought an end to the youngster's innings that included seven fours.

Dravid played some exquisite shots before Muttiah Muralitharan put an end to his innings.

With the wicket slowing down, boundaries were hard to come but Kohli and Taylor ensured there were no further hiccups as they put on 39 runs off 22 deliveries to wrap up the match with seven balls to spare.


Bottoms up: Underdogs of IPL 2008 face off in final



NEW DELHI:
The wooden spooners are now title contenders. In a dramatic turnaround of fortunes in the IPL, last year's bottom-placed teams Royal Challengers and Team Hyderabad will vie for the title in the grand finale of the second edition of the tournament in Johannesburg on Sunday.

Hyderabad, who finished rock bottom in 2008, have been enforcers from the start in IPL-2, looking a reformed outfit with Adam Gilchrist leading from the front. They seemed a little lost midway but their power-packed signings have won them the crucial moments.

The Royal Challengers, seventh last year with their much-derided ‘Test team', benefited from a change of guard midway.

With more or less the same team as last year, they have snubbed critics this time by rallying around Anil Kumble and scripting a remarkable tunraround in the late stages. They have relied less on individual heroics and instead found juniors and Test stalwarts rising equally to the occasion.

While Gilchrist single-handedly blew away Team Delhi on Friday to take Hyderabad to the final, the Challengers' skillful run chase took them past MS Dhoni's Team Chennai in the second semifinal on Saturday night.

Lalit Modi may have conceived of the idea of a grand Twenty20 spectacle in the Indian Premier League but one still has to wonder who is writing the scripts.

Last year, the team that wasn't even considered an underdog, criticised for poor player-selection, accused of spending the least among eight franchisees, won the trophy.

This year, two teams that had ended up as 2008's wooden-spooners have done the unthinkable. Bangalore and Hyderabad - last year's No. 7 and 8 - will clash in the final of IPL 2009.

The two IT cities have surprised the bookmakers, making this T20 extravaganza exciting for the second year in succession. They have ensured that anything is possible in this extremely unpredictable format.

It is hard to project a player-versus-player contest here. Will it be Adam Gilchrist's willow-power against Praveen Kumar and Jacques Kallis' new ball attack? Rohit Sharma's finesse or Andrew Symonds' belligerent hitting against Anil Kumble's precision?

This could also be a battle for youngsters like Virat Kohli and Manish Pandey competing with T Suman and Azhar Bilakhia.

On the face of it, this could be anyone's trophy. The atmosphere at the Wanderers can get quite intimidating when close to 50,000 spectators will fill up the stands.

On paper, Hyderabad definitely look the better side. The loss to Bangalore at Centurion on Thursday notwithstanding, they have a top-order boasting of some of the biggest names this format can think of.

Even if one of these players - Gilchrist and Gibbs or Symonds and Sharma - bats to his full potential, it will be enough to wipe out any opposition. Gilchrist showed precisely that in the first semifinal, cracking one of the best T20 knocks ever.

For Bangalore too, the batsmen have been at the helm in the last few matches. In fact, it has been at least one of the top-order men in every game delivering the goods.

Indians will handle pressure better at T20 WC post-IPL: Dhoni


Johannesburg:
Youngsters gaining experience in handling pressure, emergence of match-winning part-timers and valuable practice are the positives Indians have taken from the IPL as they gear up to defend their Twenty20 World Championship crown next month, says skipper Mahendra Singh Dhoni.

"Well, the good thing if you see in this tournament that will really help us in ICC World Twenty20 will be the emergence of part-timers who have done really well. Especially in the field restrictions, you have Yusuf Pathan bowling at that point, Harbhajan (Singh) has bowled and (Pragyan) Ojha also has bowled," Dhoni, who captained Chennai Super Kings in the IPL, said after the semifinal loss to Royal Challengers Bangalore.

"Most of the spinners are part-timers who are a part of the side, they have bowled in that particular time when you as a bowler are under pressure. Not much of spin, maybe the ball holds on a bit over here. But overall the experience will really count, this tournament in the 55-60 games that took place, most of them went really close.

"Most of the Indian batsmen who were part of that winning side or maybe the bowlers who were part of that winning moment, were under pressure. They will handle the pressure well when it comes to an international T20 game also. Loads of positives that will help the players who were part of the side," he elaborated.

Dhoni said he was impressed with the domestic talent that came into limelight during the Indian Premier League. "...we have seen new domestic players also coming up and performing at this level. Overall you can say, a good tournament for us, last year's IPL did help the Indian team to perform better when it comes to T20 and even one-day format. Hopefully this year's tournament will take us to the next level," he said. Chennai were the runners-up last year but crashed out in semis this season. Dhoni said the team was done in by injuries to some key bowlers, which made their attack fragile. The wicketkeeper-batsman was also not too happy with the fielding of his team.



Shoaib set to challenge PCB medical report


Karachi:Mercurial pacer Shoaib Akhtar is on collision course with the Pakistan Cricket Board after deciding to challenge a medical report that led to his ouster from the Twenty20 World Championship squad. Shoaib has already made it clear that he would be leading the Islamabad team in the national Twenty20 championship which begins in Lahore on Monday.

Indications are that he would attack the PCB and team management here tonight at a function being organised by former Pakistan captain Rashid Latif. "Shoaib is very upset with team coach Intikhab Alam, assistant coach Aaqib Javed and manager Yawar Saeed for not supporting him and believes that they conspired to have him dropped from the T20 World Cup squad.

"He is very angry and he has decided to take on the board by playing in the domestic tournament and he might even come out in the open against the team management soon," one source close to him said. The 33-year-old was dropped from the squad after a medical panel of the board examined him for a skin infection and concluded that he was suffering from Genital Viral Warts and he needed to be rested for 10 to 12 days before another re-examination in first week of June.

The PCB ordered the medical examination after Shoaib skipped the conditioning camp in Bhurban and was treated by a private doctor and then also missed the practice matches in Lahore. "I don't know what he wants. Because we simply followed the advice of the medical panel of the board," coach Intikhab said.

Sunday, April 26, 2009

latest Indian New in Detail

Lankan army 6 sq km away from last LTTE hideout

COLOMBO: Making a final push to overrun the last patch of LTTE-held territory, Sri Lankan forces on Sunday captured strategic Vlayarmadam area and encircled remaining 6 sq km strip of land which is the possible hideout of LTTE Supremo Velupillai Prabhakaran and his top aides.

"Sri Lankan soldiers have liberated Valayarmadam area and so far rescued 500 civilians held hostage by LTTE from there," the defence ministry said on Sunday.

According to the defence sources, army commandos and special forces soldiers backed by infantrymen of 10 Sri Lanka Light Infantry and 12 Gemunu Watch last evening entered into Valayarmadam area, located just 6 km from Vellamullivaikkal, the last remaining LTTE hideout.

"Troops declared the area fully secured this morning," the ministry said.

Meanwhile, LTTE's political head B Nadesan has denied the charges that his group was forcibly recruiting children as fighters to confront the government forces.

"LTTE political head B Nadesan has categorically denied recruitment and arming children as young as 12 to fight alongside the Tigers as alleged by news reports citing the UN," the pro-rebel Tamilnet website said.

The UN Colombo office accusation coincides with the visit of the Emergency Relief Coordinator of the UN and Under-Secretary for Humanitarian Affairs John Holmes.

LTTE chief Prabhakaran no terrorist: S Ramadoss

Chennai, April 26: A day after AIADMK supremo J Jayalalithaa did a U-turn and demanded a separate "Tamil Eelam" in Sri Lanka, another regional party in Tamil Nadu on Sunday came out in support of the Tamil Tigers.

Pattali Makkal Katchi (PMK) founder S Ramadoss described Liberation Tigers of Tamil Eelam (LTTE) chief V Prabhakaran as a leader of a liberation movement not a terrorist.

Ramadoss said Prabhakaran was fighting for the Tamils in Sri Lanka, adding that Netaji Subhash Chandra Bose, former South African president Nelson Mandela and Palestinian movement leader Yasser Arafat were also at one point of time labelled as terrorists.

The PMK founder also castigated the Indian government over the issue, saying it had become clear that India itself was waging a war against Tamils by supporting the Sri Lankan offensive.

India had on Friday sent National Security Advisor MK Narayanan and Foreign Secretary Shivshankar Menon to Colombo to meet Sri Lankan President Mahinda Rajapaksa to press for cessation of hostilities.

Jayalalithaa had on Saturday night said that only a separate "Tamil Eelam" (homeland for Tamils) in Sri Lanka would solve the decades long ethnic strife in the island nation.

"We have been asking for a ceasefire. It is not enough. Sri Lankan Tamils should get justice and lead a normal life. They should get all rights that are available to Sinhalese. For this, a separate Eelam is the only way," Jayalalithaa said in a major shift in her party's stand on the issue.

AIADMK's manifesto had said it would press for separate Eelam if moves for devolution of powers in Tamil-dominated provinces failed to give equal status to the Tamils.

But her remarks yesterday reflected a change in the party's position on the issue which has come to occupy the centrestage in the run-up to the May 13 Lok Sabha polls with political parties raising the pitch apparently worried about the electoral fallout of the humanitarian crisis in the war zone.

Tamil Nadu Chief Minister and DMK chief M Karunanidhi had also recently said that the LTTE chief was not a terrorist, but later retracted his statement in the wake of criticism.


Taliban still in Buner despite deal to withdraw: Report


ISLAMABAD:
Some heavily armed Taliban militants who entered the strategic Buner district near the Pakistani capital from Swat valley are still in the area despite a deal with local authorities for their withdrawal, a media report said on Sunday.

About 10% of the hundreds of Taliban who came to Buner from Swat are still present in the area while the local Taliban from the district are patrolling some parts of the district, Geo News channel quoted its sources as saying on Sunday.

Taliban spokesman Muslim Khan had on Saturday claimed that all the militants from Swat had withdrawn from Buner, located 100 km from Islamabad. He also said the local Taliban of Buner would remain in the area.

Taliban fighters began pulling out of Buner on Saturday after the Pakistan army began preparing for possible operations against them.

Army chief Gen Ashfaq Parvez Kayani warned that his force would root out terrorism and not allow militants to dictate terms to the government.

Meanwhile, security forces on Sunday arrested two persons and seized 475 kg of explosives and 450 fuses from them in Swabi district, which is located near Buner.

Though routine activities are gradually resuming in Buner, courts in the district continue to be closed, causing problems for hundreds of people. Markets have reopened and business activity too has resumed.

About 300 paramilitary Frontier Constabulary troops have been sent to Buner to restore order. They have been deployed at police stations which had been occupied by the Taliban.

Hundreds of Taliban militants entered Buner earlier this month and set up check posts, barred women from public places and asked people not to indulge in what they described as "un-Islamic activities".

They also seized property, looted dozens of vehicles from government and NGO offices and closed all civil courts.


Kasab can read books, but not newspapers: Court


Mumbai :A special court has rejected the plea of Ajmal Amir Kasab, the lone gunman arrested for the Mumbai terror attacks, to have access to newspapers in jail but allowed his lawyer to lend him some books for reading.

"I informed the court that Kasab wanted to read newspapers in jail but the plea was not considered. Instead the court suggested that I could lend some story books to him," Kasab's lawyer Abbas Kazmi said.

As Kasab is well versed in Urdu, Kazmi said, he was planning to give him books in that language. "The books will be given to the jailor who in turn will on pass them to Kasab," the 54-year-old Mumbai lawyer said. To a question, Kazmi said the 26/11 attacks accused likes to read stories which have "entertainment value."

On the daily schedule of Kasab, Kazmi said he was in solitary confinement and was on his own. The lawyer said he had been given a short time to prepare for arguments on charges proposed by prosecution against Kasab.

On May 2, he has to give his submissions after going through the 11,000-page chargesheet. "I am not ready yet," Kazmi said. Kasab's lawyer further said that he was devoting most of his time to this case after court hours and that he is not taking up any other matter.

To a question about visit of Kasab's mother, Kazmi said he had no knowledge of any such development and also Kasab had not talked to him about his family or personal matters. Kazmi said Kasab was cooperating with him and his reponse to the legal queries has been good. But he had no idea how long will the trial continue. "Much would depend on the prosecution and the witnesses they would examine".


Pak 'most dangerous country' of the world: US Rep leader


Washington:Stating that Pakistan is the "most dangerous country" of the world, a top Republican leader said that the rapidly increasing influence of the

Taliban in that country may break its back.

"I think, personally, that Pakistan is the most dangerous country in the world," Republican leader and the former Speaker of the House of Representatives Newt Gingrich told a local news channel in an interview. Gingrich said Pakistan today has more nuclear weapons available than Iran or Korea will have in a decade. "We don't know what's going to happen there," he said. "What people have to worry about is not that the Taliban is going to come out in the open field with an army. What they have to worry about is that every week that goes by more and more Islamist extremists in the cities are migrating to join the Taliban. And you may presently see an explosion in the cities," Gingrich argued.

He said Pakistan is now a country that has nuclear weapons and "hates" India, next door, "doesn't particularly" like Afghanistan because its President Hamid Karzai was educated in India and has a deep distrust of the US. "I think people have to understand how dangerous this is," he added.

Worried about what's going to happen in Pakistan, Gingrich said: "None of the indicators are good. There's no indicator that we are gaining ground in Pakistan. If you lose Pakistan, you're going to lose Afghanistan because you have no corridor to get there. You have no capacity to sustain your logistics."

Indian Business News

TCS to focus on offshoring, to move many staff back to India

MUMBAI: As part of cost-cutting measures, India's
largest outsourcing firm Tata Consultancy Services (TCS) on Sunday said that it will relocate staff abroad into India.

"The company follows an onsite-offshore model. We will focus to do more work in India because it helps in saving cost and efficiency," TCS chief operating officer N Chandrasekaran said.

However, the company would continue to do work onshore and relocation did not mean that it was winding up its operations abroad.

The company, which tried out its relocation in January-March this year, gained significantly in the last quarter of 2008-09.

In Q4, the company brought back its US staff to India resulting in a cost saving of Rs 121 crore. The company did not give any figures on how many staff were brought back.

The relocation of staff could be in thousands, he said.

Top 10 cos added Rs 29k crore last week

Mumbai:The country's 10 most valued firms added nearly Rs 29,000 crore to their market capitalization last week, with Bharti Airtel alone accounting for nearly half the valuation.

Private sector telecom services provider Bharti Airtel added Rs 13,164 crore to its market capitalisation during the week, taking its valuation to Rs 1,41,931 crore. Last week, it had a market valuation of Rs 1,28,767 crore.

Shares of Bharti Airtel surged over 10 per cent in a week to settle at Rs 747.70 on the Bombay Stock Exchange.

Top 10 firms, comprising four private and six public sector entities, added Rs 28,939 crore to their valuation last week, taking the kitty to Rs 12,48,825 crore.

Last week, the club's valuation was Rs 12,19,886 crore.

Mukesh Ambani-led Reliance Industries was the second biggest gainer in terms of market capitalisation, adding Rs 10,552 crore to its valuation kitty.

During the week, country's most valued firm RIL announced its fourth quarter results, a 9.3 per cent decline in its net profit at Rs 3,546 crore. RIL's market cap stood at Rs 2,80,852 crore at the end of Friday's trade.

Amid the overall gain in the broader market, the premier club of top 10 saw three state-run entities -- ONGC, NTPC and BHEL -- losing a combined Rs 3,374 crore from their valuation.

The market cap of PSU entity ONGC stood at Rs 1,83,194 crore, an erosion of Rs 1,305 crore.

PSU banks on hiring spree, to hire 30,000 in FY'10

NEW DELHI: Public sector banks will hire 30,000 personnel during 2009-10, even as India Inc, facing the heat of the global financial meltdown,has put a virtual halt on recruitment.

"As per the preliminary estimates, public sector banks are expected to hire over 30,000 people during 2009-10," Institute of Banking Personnel Selection (IBPS) director M Balachandran said.

The institute, promoted by PSU banks and the Reserve Bank, has been rendering assistance to financial sector in the activities of employees' selection, promotion and placement.

A large number of employment opportunities have emerged in the banking sector owing to branch expansion by various lenders, business growth and aggressive marketing, he said.

Balachandran, former chairman and managing director of the Bank of India, said recruitment would also fill up the gap created due to large scale of superannuation in many banks.

At the same time, in bid to increase fee-based income banks have started activities like distribution insurance policies, mutual fund schemes and other financial products.

This has created need to recruit some specialised manpower in those segment, he added.

Mittal poorer by £16.9 bn, still richest man in UK

Non-Resident Indian steel tycoon Lakshmi Mittal continues to be the richest man in the UK in 2009, despite his wealth dwindling by £ 16.9 billion in a year owing to the global recession, The Sunday Times Rich List claimed on Sunday.

India's Mukesh and Anil Ambani have been jointly ranked as the sixth richest in the world with a fortune of £ 20.5 billion.

Roman Abramovich, the Russian owner of Chelsea Football Club, keeps his position at second on the list despite also suffering from the downturn. His fortune has fallen to £ 7 billion from £ 11.7 billion.

America's the Walton family of Wal-Mart is the richest in the world -- with £ 52.3 billion. Lakshmi Mittal is 21st richest in the world.

Leading NRI entrepreneur Lord Swraj Paul, Chairman of the Caparo Group, has seen his wealth dropping by £ 1 billion in 2008 -- from £ 1.5 billion to £ 500 million now, the paper reported.

The recession has wiped off £ 155 billion from the fortunes of Britain's 1,000 richest people. The unprecedented collapse is the biggest annual fall since the Rich List was first compiled 21 years ago, the paper said.

The number of billionaires in the Rich List has fallen from 75 in 2008 to 43 in 2009. Between them, people ranked in the top 100 lost £ 93 billion. Only three saw their wealth increase.

Fifty eight-year-old Mittal has sustained losses of more than three times the level of Roman Abramovich, his nearest rival in the down-shifting stakes.

Stock market turmoil and fears of declining demand for steel have shrunk the value of the Mittal family stake in Arcelor Mittal from a record £ 33 million last June to about £ 8.2 billion.

Mittal built his empire by acquiring and turning round ailing former state-owned mills across the world. He stunned the industry in 2006 with an audacious takeover bid for Arcelor, the biggest steel maker in the world after his own Mittal Steel, and secured the Luxembourg-based operation for £ 17.8 billion after an acrimonious battle.

The Rich List said, "To the family's £ 8.2 billion company stake we add £ 2.6 billion for dividends and property. Dividends from their steel interests were £ 1.38 billion in 2004 alone. In 2007, Arcelor Mittal paid £ 942 million to the family in dividends and to buy back shares.

"The figure for 2008 will be about £ 663 million. A separate investment portfolio is worth about £ 570 million. We reckon the family fortune has fallen by £ 16.9 billion."

The Duke of Westminster is the richest Briton and continues to occupy third position overall, next to Lakshmi Mittal and Roman Abramovich, with a fortune of £ 6.5 billion.

Besides Mittal, others listed in the category of Britain's 25 richest Asian millionaires are Anil Agarwal (mining - £ 600 million), Anurag Dikshit (internet gambling £ 559 million), Lord Paul and family (industry £ 500 million), Sir Anwar Pervez and family (Cash & Carry £ 489 million), Felix Grovit (Foreign exchange £ 430 million), Bhikhu and Vijay Patel (Pharmaceuticals £ 370 million) among others.

Jet Airlines Chairman Naresh Goyal and family has fortune worth £ 182 million, while Dr Kartar and Tej Lalvani (food supplements) has wealth worth £ 120 million.

Over the past five years the bottom line required for a place in the Rich List has risen from £ 30 million in 2003 to £ 80 million in 2008. Now a fortune of £ 55 million is sufficient to make the top 1,000.

The Rich List's combined wealth adds up to £ 258.27 billion, compared with £ 412.8 billion in 2008.

Meanwhile, the number of women in the top 1,000 has increased in 2009 to a record 100. A number of them have built up their own businesses, 20 such as Carole Nash, who carved out a niche insuring motorbikes and has made a fortune

of £ 65 million.

This year's top 10 are -- Lakshmi Mittal and family £ 10.8 billion, Roman Abramovich £ 7 billion, The Duke of Westminster £ 6.5 billion, Ernesto and Kirsty Bertareli £ 5 billion, Hans Rausing and family £ 4 billion, Sir Philip and Lady Green £ 3.8 billion, Charlene and Michel de Carvalho £ 3 billion, Sammy and Eyal Ofer £ 2.7 billion, John Fredriksen, Joe Lewis, Kirsten and Jorn Rausing and David and Simon Reuben (all £ 2.5 billion).

According to the Richlist 2009, America's Walton family (Retailing - Walmart) are the richest in the world with a fortune of £ 52.3 billion, followed by Germany's supermarkets owner Karl & Theo Albrecht £ 27.9 billion and Bill Gates, Microsoft chief, with £ 27.7 billion.

IPL Cricket News


Deccan Chargers beat Mumbai Indians by 12 runs


DURBAN: If the bowlers can’t get you, the strategy break will. Quite a few have fallen to the strategy break, and now it was the turn of the great Sachin Tendulkar.


Deccan Chargers' Herschelle Gibbs (right) and Adam Gilchrist during an IPL Twenty20 match against Mumbai Indians at Kingsmead. (AFP Photo)


The master was having a party in the middle, taking heavy toll of the Team Hyderabad bowlers and the target of 169 was looking paltry for the Mumbai Indians.

But the seven-and-a-half minute break at the end of the 10th over took away all the momentum and Tendulkar looked like a player starting from scratch.

He missed the first ball after the break, edged the second, and gave an easy catch to Herschelle Gibbs at extra-cover in the third off Pragyan Ojha and Mumbai lost the plot completely thereon to lose by 12 runs.

And left-arm spinner Ojha (4-21) got the game by the scruff of the neck to dismiss Shikhar Dhawan and JP Duminy (47) in quick succession.

The left-armer fooled the batsmen with subtle changes in flight and Duminy, getting just a little bogged down, tried to heave a full-toss and gave a catch to deep extra-cover.

Once Duminy left, Dwayne Bravo singlehandedly took the game to the opposition camp, playing those flicks to supreme dexterity, and it was down to 26 off the last two.

But Fidel Edwards had the last laugh when he got one to swing in which struck Bravo plumb in front and the game was over for Mumbai.

There was serious jubilation in the Hyderabad camp the moment the last ball was bowled. They are not only on top of the table, but are looking serious contenders after the disappointment of last season. Their batting, too, is coming good, as was evident on Saturday.

Herschelle Gibbs (58 off 44 balls) showed what he is capable of when he launched into the Mumbai attack. He made room for himself, and hit over the top as the runs flowed in the initial overs.

He was brilliantly backed up Adam Gichrist (35). Rohit Sharma (35), too, kept it going.

Royal Challengers look to gain momentum against Delhi

PORT ELIZABETH: High on confidence after two successive victories, Delhi Daredevils will strive to continue with the winning momentum while a struggling Royal Challengers Bangalore will try to recapture the lost sheen they started with when the two teams lock horns in an Indian Premier League match on Sunday.

The Delhi team, by virtue of their back-to-back wins against Kings XI Punjab and last year's runner-up Chennai Super Kings, is comfortably placed second in the points tally.

In contrast, the Vijay Mallya-owned Bangalore team tamed defending champions Rajasthan Royals in their campaign-opener comprehensively but since then lacking the consistency and languishing on the seventh slot in the tally after losing three encounters on the trot.

The Delhi side will surely count upon their formidable batting line-up with skipper Virender Sehwag joining hands with his Team India opening partner Gautam Gambhir to start the innings, followed by South Africa batsman AB de Villers.

The Protea played a beacon with his 54-ball 105 to guide Daredevils to victory in the last match against Chennai side and the team will expect another blistering knock from the cricketer.

With cricketers like Sri Lanka's Tillakaratne Dilshan and New Zealand skipper Daniel Vettori figuring in the middle order besides 'keeper Dinesh Kaarthick and Bengal boy Manoj Tiwary, Delhi batting line-up will be a hard nut to crack.

In bowling department, Delhi’s Pradeep Sangwan who scalped three for 28 in last outing, will find support from the new-ball pair of Australian Dirk Nannes and India-discard Ashish Nehra as was the case on the previous occasions in the tournament.

Besides, experienced spinner Vettori will also add to the worry of the Kevin Pietersen-led Bangalore side, which was handed a seven-wicket defeat by the Punjab team on Friday.

Former England skipper Pietersen, who was made helmsman of the team after being bought for a whopping $1.5 million, is surely under pressure and do everything to prove their first-match win was not a false dawn.

Their Batting department has been inconsistent so far but the opening pair of Kiwi all-rounder Jesse Ryder, who made 32 in last match, and Robin Uthappa has to do a decent job if the Bangalore team to win the match.

However, Protea Jaques Kallis and Kiwi Ross Taylor are seemingly recapturing their touches and may well come out with some crucial innings in tomorrow's encounter.

Their bowling department is lacking the penetration power since they skittled out the Rajasthan team for a paltry 58 in the first tie, thanks to Anil Kumble's five-for, but failed to do the trick in the subsequent matches.

Tuesday, April 14, 2009

Latest News In Detail

Election News

CD could get Chandrababu Naidu in EC trouble

Tuesday April 14, 2009, Hyderabad:Two days before the first phase of elections in Andhra Pradesh, TDP leader Chandrababu Naidu could be in some serious trouble with the Election Commission.

An audio CD made available to NDTV and now with the Election Commission claims to contain recorded conversations of Naidu with his party candidates. The voice on the tape apparently tells them to go all-out and spend money in order to win in the elections"

"I am telling you again and again, this time all have to spend money. I have never said this before in any election. First time, I am insisting. Because we need to win. To win, you must get together all your resources and spend money, mobilise money. Then systematically organise the spending. Money should reach upto the booth committee. In the next 16 days, in 2-3 instalments or 3-4 instalments, money should reach every booth.''

The audio CD was handed over Andhra's Chief Electoral Officer I V Subba Rao on Tuesday. It is claimed to be a recording of a teleconference the TDP president held with his party functionaries on the first of April.

Says Rao: "Chandrababu Naidu is said to have spoken about spending and distributing money. We have got two complaints. We will examine them and send our report to the EC for further action.''

Naidu has neither denied nor confirmed that it is indeed his voice on the tape but says it is a doctored audio CD.

That political parties spend large amounts of money on elections is an open secret. The ceiling for spending for a parliamentary constituency is 25 lakh rupees and for an assembly it is 15 lakh rupees. There are no amounts mentioned in Naidu's so called teleconference. So how much he is referring to and whether it will invite EC action is anyone's guess?

Last day of campaigning for Phase I of Lok Sabha polls

Tuesday, April 14, 2009:It's the last day of campaigning today for the first phase of polling on the April 16 and making a last ditch effort to reach out to undecided voters are Sonia Gandhi in Madhya Pradesh, Rahul Gandhi in Jammu and Kashmir and Punjab where he will be holding his first rally.


Priyanka Gandhi in Amethi, Mayawati in Jaipur and Narendra Modi in north and central Gujarat.

Rahul's rally will be at Talwandi Sabo where Raninder Singh, son of Captain Amarinder Singh is facing a tough fight from the Badal family.

In the first phase, polling will be held in 17 states. One-twenty four of the 543 seats in Parliament will be decided in this phase.

The states going to the polls in the first phase include Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and some seats in Orissa in the east, Jammu and Kashmir, 16 seats in Uttar Pradesh, 13 in Bihar, 6 in Jharkhand in north India, 13 seats in Maharashtra and Chattisgarh in the west and Andhra Pradesh, Kerala Andaman and Nicobar Islands and Lakshadweep in the south.

Manmohan, Advani face-off in Parliament House

New Delhi:

The effect of the war of words between Prime Minister Manmohan Singh and Leader of Opposition L K Advani was evident as they came face-to-face in Parliament on Tuesday at a function to commemorate the birth anniversary of B R Ambedkar.

The two leaders shook hands briefly but the warmth was clearly missing as Singh went about his business greeting others and later paying floral tributes to the portrait of Ambedkar.

Singh was seen chatting with Vice President Hamid Ansari with a bemused looking Advani sitting between the two leaders.

Advani has been attacking the Prime Minister calling him a "weak leader" in his campaign speeches for the Lok Sabha elections.

Singh took a swing at Advani saying that the BJP "iron man" was was quick to melt when held to the fire during the Kandahar hijacking incident.

BJP's prime ministerial candidate L K Advani said Congress did not do justice to Dalit icon Bhim Rao Ambedkar and ignored the late leader while nominating the members for the Constituent Assembly.

"I believe, Congress did not do justice to Dr Ambedkar," Advani said in a function to celebrate birth anniversary of the Dalit leader in New Delhi.

"Today, we know that he was the maker of the Constitution. But this did not happen naturally. When Congress nominated around 290 members for the Constituent Assembly, his name was not there," Advani said.

Taking on the Congress for the episode, Advani said that when a leader from Bengal saw that his (Ambedkar's) name was not there in the list, he offered his seat.

Congress-BJP fight gets bad, bitter, boorish

Tue, Apr 14, 2009New Delhi: Prime Minister Manmohan Singh and Bharatiya Janata Party (BJP) leader LK Advani have become the focus of a nasty argument between their parties. Each party claims its leader is stronger, and the argument is getting discourteous.

Gujarat Chief Minister Narendra Modi on Tuesday alleged that Singh had pampered terrorists. "What was the Congress doing during the Indo-China war of 1962? I want to ask the Prime Minister who is saying that Advani was wringing his hands. What was the Congress doing with their hands then? Today also thousands of acres of Indian land is with China," said Modi at a public rally in Balasinor town of Kheada district on Tuesday.

"Even today half of Kashmir is occupied by Pakistan, what kind of strength does it show? I want to ask if the Prime Minister is kneeling down due to helplessness of Congress or is it part of your habit?" asked Modi.

Modi alleged that Singh had fed terrorists who had sieged the Charar-e-Sharif shrine in Srinagar in 1995.

"I today allege that under the Narasimha Rao government, when Manmohan Singh was finance minister, the Congress had given safe passage to five terrorists in Charar-e-Sharif of Kashmir after providing them a feast of chicken biryani for seven days".

The Chief Minister also did not spare Home Minister P Chidambaram.

"Instead of attacking Pakistan what they did was made a CD of TV footage of Mumbai attack, made a file of newspaper cutting, put them in a box and the home minister took it to the US. There they cried that our neighbour has beaten us, please help us," Modi said. "This is perfect example of helplessness of the government,” Modi said.

Business News

Tech Mahindra joins top tier with Satyam

Mumbai:

Tech Mahindra won a bidding auction for a majority stake in fraud-hit Satyam Computer Services Ltd, edging out Larsen & Toubro, seen by some analysts as the favourite bidder.

Tech Mahindra's shares surged by a quarter, before trimming gains.

Before Satyam's scandal was disclosed in January, Satyam was ranked India's fourth-largest outsourcing firm and Tech Mahindra was sixth-largest so the combined firm, even allowing for overstatement of accounts by Satyam, is expected to be the top-tier outsourcer.

The Satyam buy will help Tech Mahindra, in which Britain's BT Group holds about 31 per cent stake, diversify its services by reducing its reliance on the telecoms industry.

The sale should help restore confidence in the local industry at a time the economic downturn has already slowed growth. So, the sale is supportive for leading Indian outsourcing rivals Tata Consultancy Services, Infosys Technologies and Wipro.

Leading IT companies have always maintained Satyam was a one-off, not a reflection of the broader industry.

Tech Mahindra gets more than half its revenue from Europe, and the Satyam purchase would help it significantly expand its presence in the United States.

Tech Mahindra played the bid well, being most publicly reluctant to commit and continually expressed worries over Satyam's liabilities.

It has been three months and one week since India's biggest corporate scandal

broke, and the government has been keen to limit the impact of the scandal. The decision comes just days before month-long voting in national elections starts.

Tech Mahindra to pay $351 million for 31 per cent preferential allotment of new shares, then to make open offer for further 20 per cent at 58 rupees a shares, valuing the company at about $1.1 billion on paper.


Microsoft’s free training for jobless


SEATTLE: Microsoft Corp announced that it would be giving away more than 30,000 vouchers over the next 90 days to help unemployed people in Wash

ington state get new computer skills.

The vouchers will entitle them to take computer classes for free -- either in person or online -- and take Microsoft certification exams at no or low cost.

At a news conference in Seattle, Gov. Chris Gregoire commended Microsoft for stepping up to the challenge of helping the nation come out of the recession stronger.

"When this downturn ends, we will need more skilled workers ready to enter the job market. Microsoft's generosity will provide thousands of men and women the skills they need to work with the software that runs our businesses," Gregoire said.

Washington's WorkSource job centers across Washington started giving out the vouchers on Monday. Washington state had the 17th highest unemployment rate in the country last month with a jobless rate of 8.4 per cent.

The vouchers are part of a new national programme Microsoft announced at the National Governors Conference in February. Elevate America hopes to offer job training to as many as 2 million Americans over the next three years.

Sue T Carter of Bellevue picked up one of the first vouchers. She said she has been working part time for more than two years and really needs to find a job that will help her pay her rent, because she is less than a month away from eviction.

Carter earned several college degrees years ago and has picked up most of her computer skills on her own, but she knows companies seek employees with professional training.

"Knowledge is power and I'm willing to do anything to make myself a more viable candidate in the workplace," Carter said. "It always makes you more viable if you've got more skills to offer."

She expressed enthusiasm that the training programme is not costing taxpayers anything. Brad Smith, Microsoft senior vice president and general counsel, said the company also is excited about the public-private partnership because it will help both people and businesses.

"This programme is all about equipping people with the new skills they'll need to get a job in the changing economy," Smith said.

The free training will be for Microsoft software, from basic technology literacy to intermediate-level courses on programmes such as Excel and PowerPoint.


IPL Cricket News


Confident Dhoni the best skipper: Laxman

Tuesday, April 14, 2009 (Hyderabad):He has played under Sourav Ganguly and four other captains but stylish batsman VVS Laxman rates current Indian skipper Mahendra Singh Dhoni as the best, saying he is calm and exudes a lot of confidence.

"Dhoni is one of the best captains I played under," said Laxman, who debuted under Sachin Tendulkar and then played under Ganguly, Rahul Dravid and Anil Kumble.

"He is so calm and composed. He exudes a lot of confidence. It's a great feeling to play under him," he said in an interview on Tuesday.

The 34-year-old right-hander also lauded opener Gautam Gambhir, who was adjudged man-of-the-series in India's Test series win over New Zealand.

"Gautam really played well. Especially, in the second innings of Napier Test. Batting for more than 10 hours requires a tremendous effort. It was great. He carved and then paced his innings well and played his natural game. It was a very important knock during that match.

"I always call him 'run machine'. He has the appetite for runs. He was consistently doing well in domestic circuit and it was really pleasing to see him start performing at international level."

Laxman felt in the Delhi duo of Virender Sehwag and Gambhir, India were "lucky to have a great openers who demoralise the opposition bowlers."

The elegant Hyderabadi batsman also gave credit to coach Gary Kirsten and his support staff for creating a good atmosphere in the Team India dressing room.

"Also the way Gary (Kirsten) is coaching, credit should be given to him and the support staff (Paddy) Upton, (Venkatesh) Prasad, Robin (Singh), all of them have been a great help to all the players," he said.

Laxman, one of the architects of India's historic win in New Zealand, said the epic Kolkata Test of 2001 was the inspiration for the side when it was forced to follow on in the second Test against the Kiwis in Napier.

Laxman said when India was following on after being bowled out for 305 in reply to the Kiwi's 619 in Napier, they recalled the Kolkata Test against Australia and Gambhir went on to score 137 in a marathon 10-hours 43-minute innings.

Laxman himself remained unbeaten on 124 to help India salvage a draw in the match. India's series triumph in New Zealand was the team's first in 41 years.

"There's obviously a lot of similarities. We always remember the Kolkata Test in such circumstances. It (Eden Test) was a historic one that continues to inspire and give confidence whenever you're in trouble," Laxman, who had scored a career best 281 to turn the table on Australia in the Eden Test, said.

The wristy batsman said India -- now on the third spot with 118 rating points in the ICC rankings -- were close to becoming the number one side in the world.

"It was very satisfying for all of us to be a part of history. More importantly, the win gives more confidence now. We are very close to becoming number one in Tests which is our main aim. We are consistently winning Tests abroad," Laxman said.

Laxman said India actually picked up confidence to defeat big teams after their epic 2-1 Test series triumph over Australia, who had won a record 16 Tests on the trot.

"It started changing in (March) 2001 after our historic win in the Eden Test. In fact, that series in totality was a turning point for the Indian cricket. Since then whenever we travel abroad, we have been doing very well.

"After that my first overseas tour was Zimbabwe and we won there. We won another Test in the West Indies... then in England in 2002. Slowly we started winning abroad. Thereafter, we were all very keen do well abroad."

Laxman, who rose to 15th spot in the ICC Test rankings for batsmen, said: "I am very pleased to see my performance. I contributed especially in both the innings (in Napier). I relish performing under pressure. It was one more good knock. Really glad that I could able to contribute for the team's success it makes one happy."

Another reason for success in New Zealand, Laxman said, was the pre-conditioning camp ahead of the Test series.

"It was good that we landed there almost 15 days before the start (of Test series). It was a huge help for most of us. How much you practice in Indian conditions, it's difficult to adapt overseas. We got an opportunity to play first class matches there and it really helped us."

With India's next Test series -- against Sri Lanka --more than four months away, the Deccan Chargers batsman in the Indian Premier League said he was looking forward to the cash-rich Twenty20 tournament in South Africa.

After IPL II, Laxman will play for English county Lancashire.

"My county stint for the next four months will keep me actively involved playing cricket till our next series against Sri Lanka," he signed off.

SRK apologises to Gavaskar, stands by Buchanan's theory

Tuesday, April 14, 2009 (Mumbai):Bollywood superstar and co-owner of Kolkata Knight Riders (KKR) IPL team Shah Rukh Khan, who had criticised Sunil Gavaskar on the issue of multiple-captaincy, has now apologised to the legendary batsman.

"I have not said anything against Gavaskar. I just wanted to have a breathing space to try something new. I have sent him an apology letter if he felt so because he was in America that time," Shah Rukh said before his departure to South Africa, last night.

He said, "due to the wonderful methodology that television applies, that comment was for people who don't understand cricket and are still telling me how to run the team."

"If Gavaskar asks me to walk on my head and run the team, I would. Any thing that Gavaskar says that has to do with cricket, if he mentions, should be followed," the actor said.

The apology comes in wake of Shah Rukh's criticism of Gavaskar, who had lashed out at KKR coach John Buchanan for his proposal to have multiple captains in the team.

Shahrukh said the controversy had hurt him.

"People are making comments without understanding what the concept of multiple captaincy is," he said.

IPL perfect platform to prepare for T20 WC: Gambhir

Tuesday, April 14, 2009 (New Delhi)The Indian Premier League T20 tournament in South Africa will provide India the perfect platform to prepare for their title defence in the World Twenty20 Championships in England in June, feels charismatic opener Gautam Gambhir.

Gambhir said getting the opportunity to play some quality Twenty20 cricket during the IPL would definitely act in favour of the defending champions ahead of the Twenty20 World Cup.

"It's a blessing in disguise for us to play IPL in South Africa before the Twenty20 World Cup. We hardly get to play Twenty20 matches. But to get the chance to play 14 to 15 games in IPL against world class players will definitely help us in our preparations for defending the crown," he said.

Gambhir, who has been in dream form in the recent past and was adjudged player of the tournament during India?s historic New Zealand tour, feels any player's success in the international arena depends on his security in the team.

Meanwhile, Gambhir's Delhi Daredevils teammate and opening partner Virender Sehwag feels the bouncy South African pitches will not only assist fast bowlers but batsmen too can derive benefits from them.

"Pacers will undoubtedly have an edge in South Africa because of pace and bounce but that's good for batters too as they can play their shots on such conditions," Sehwag told reporters last night during a send-off event of the Delhi Daredevils team.

The swashbuckling opener, however, rued the opportunity of missing home crowd during the second edition of the IPL in South Africa, which was shifted out of the country this year as it clashes with the general elections.

"We will miss Delhi crowd in South Africa but hopefully, there will be sufficient support for us in South Africa."

Asked about the Kolkata Knight Riders coach John Buchanan's controversial? multiple captaincy? theory, Sehwag, who is also the vice-captain of the Indian team, said "No comments."

Interestingly, his team-mate and leg-spinner Amit Mishra ridiculed the concept and said a team should have one skipper for a series.

"There should be one captain for a whole series and I'm happy that we have captain in Viru (Sehwag)," he said.