Rajya Sabha passes Women's Reservation Bill
NEW DELHI: The controversial yet historic Women's Reservation Bill, ensuring 33% reservation to women in Parliament and state legislative bodies, was passed in the Rajya Sabha on Tuesday after two days of high drama that saw suspension of seven members who violently disrupted proceedings.
The Bill, pushed by the government despite the threat of withdrawal of support by Samajwadi Party and RJD, was passed by a two-third majority, a day after it was moved in the House for consideration but could not be taken up because of unruly scenes.
Of the votes polled, 186 were in favour of the bill and only one was against.
The Constitution (108th Amendment) Bill could get through with "unequivocal" support from the BJP and the Left in the Upper House where the ruling UPA coalition is in minority. The 245-member House has an effective strength of 233.
UPA ally Trinamool Congress, with two members in the Upper House, did not participate in the voting.
Prime Minister Manmohan Singh and Leader of Opposition Arun Jaitley described the measure as "momentous and historic".
BSP, having 12 members, walked out of the House saying the bill did not contain amendments suggested by it.
Lok Sabha also witnessed unruly scenes created by SP, RJD and JD(U) who forced four adjournments.
14 years after the first attempt was made in the Lok Sabha and repeated failures subsequently, the Constitution amendment bill was adopted in the mandatory division with 186 members voting for it and one voting against.
In the 245-member House with an effective strength of 233, the bill required the backing of at least 155 members and the UPA had the clear support of 165 in the run up to the event.
The bill seeks to reserve for women 181 of the 543 seats in the Lok Sabha and 1,370 out of a total of 4,109 seats in the 28 State Assemblies.
Ruling UPA constituent Trinamool Congress, which has two members, kept away from voting, while 15-member BSP, which has opposed the bill in its present form, walked out before voting.
JD(U), whose present Sharad Yadav is a staunch opponent of the Bill, appears to have backed the Bill fully with most of its 7 members voting for it in response to the call by one of its senior leaders and Bihar Chief Minister Nitish Kumar.
After frenzied opposition and repeated disruptions, the Rajya Sabha on Tuesday evening finally debated the historic women's reservation bill in the run up to a vote on the legislation.
Amongst those who spoke were Bharatiya Janata Party's (BJP) Arun Jaitley, Communist Party of India-Marxist's (CPI-M) Brinda Karat, Bahujan Samaj Party's (BSP) Satish Mishra and Jayanthi Natarajan of Congress.
Opening the debate was Jaitley, who said his party "unequivocally" supported the women's bill but added that the privilege of supporting it had been diluted by "some of the most shameful incidents in India's parliamentary history".
The leader of the opposition in the Rajya Sabha, who spoke after the constitution amendment bill was put to vote by Chairman Hamid Ansari, said he had a feeling of being a party to history in the making when he came to the house.
Karat, a vocal supporter of the bill, said women's reservation in parliament and state legislatures would change the "culture of the country because women today are still caught in a culture prison. In the name of tradition, stereotypes are imposed and we have to fight these every day".
These stereotypes will also be broken by the bill, said Karat, who believes the entry of a larger number of women in legislatures would make for "more sensitive politics".
"The women's reservation bill will ensure that women of Scheduled Caste, Scheduled Tribe, Other Backward Classes, poor women and Muslim women would benefit from it," Karat said, addressing concerns that the bill would benefit only some sections.
Congress leader and spokesperson Jayanti Natarajan also refuted critics demanding a special quota for Dalit women, saying Dalits and tribals would continue to get reservation under the bill.
A triumphant Natarajan said no other party "had the courage to deliver the promise (of reservation for women) to the people of India". She said Congress president Sonia Gandhi and Prime Minister Manmohan Singh had not lagged behind in supporting measures for women's empowerment.
However, Bahujan Samaj Party's Satish Mishra said his party would not be able to support the proposed legislation in the current form. He wanted the prime minister to reserve 50 percent of all seats in legislatures for women in line with their population ratio.
Shivanand Tiwari of the Janata Dal-United (JD-U) created a minor stir in the house by speaking in favour of the bill, which has been opposed vocally by a section of his colleagues led by party president Sharad Yadav.
The AIADMK's V. Maitreyan pointed out that the bill was a great tribute to the Indian housewife who he said had proved to be better financial managers of the household "than all the finance ministers of India".
The 14-year-journey of Women's Reservation Bill
NEW DELHI: The 14-year journey of the Women's Reservation Bill was marked by high drama and hit roadblocks in each of its outings in Parliament before the historic measure cleared the first legislative hurdle on Tuesday.
The battle for greater representation to women in Lok Sabha and state Assemblies was routinely punctuated by frayed tempers and war of words which sometimes got physical, as different governments since 1996 tried to get the Women's Reservation Bill passed in Parliament without success.
The Bill also lapsed each time the House was dissolved and was reintroduced by the Government of the day.
The pathbreaking Bill greenlighted by the Rajya Sabha after some hiccups to create legislative history was first introduced in the Lok Sabha by the Deve Gowda government on Sept 12, 1996.
Snatching of papers from presiding officers and Ministers and scuffles became a familiar scene each time the Bill made its way to Parliament before it was aborted.
Once, Union minister Renuka Chowdhury pushed a Samajwadi member away when a Samajwadi member tried to snatch a copy of the Bill from her Ministerial colleague H R Bhardwaj in the UPA government's first term when it was being introduced.
Bharadwaj also took his seat between two women ministers and was guarded by some women MPs to ward off any attack on him by some opposition members.
And the opposition to the Constitution Amendment Bill to reserve one-third of seats in the Legislatures hit a nadir yesterday when some opposition members tried to attack Rajya Sabha Chairman Hamid Ansari and disrupted tabling of the Bill.
The opposition to the Bill had its own share of lows when JD(U) veteran Sharad Yadav, a critic of the legislation, asked in June 1997, "Do you think these women with short hair can speak for women, for our women..."(
In the Bill's previous foray on May 6, 2008, a resolute government introduced the legislation in the Rajya Sabha yet another time amid high drama and scuffles between members.
With Congress Parliamentarians providing protective cover, Law Minister H R Bhardwaj introduced the Bill in the midst of Samajwadi Party members trying to snatch its copies from the hands of the Minister.
Samajwadi members stormed the well soon after the House resumed at noon in an apparent attempt to stall introduction of the Bill, which they have been opposing along with JD(U.)
However, the disruptions could not dissuade the government from going ahead and introducing the Bill.
As agitated SP member Abu Asim Azmi and his party colleagues tried to snatch the Bill copy from Bhardwaj, Congress members intervened and Renuka Chaudhary, then the Women and Child Development Minister, repulsed the attempts by pushing Azmi away.
Expecting trouble, Bharadwaj was seated in the middle row of the treasury benches flanked by two women ministers - Kumari Selja and Ambika Soni. On top of it, Congress women Parliamentarians Jayanti Natarajan and Alka Balram Kshatriya guarded Bharadwaj from SP members who had taken the position for the go.
Top leaders, including Prime Minister Manmohan Singh and Leader of Opposition Jaswant Singh, were witness to the high drama. Several Lok Sabha lawmakers were also seated in the gallery.
"Take back the Women's Reservation Bill" was among the slogans raised by the SP members from the well of the Rajya Sabha.
After the Bill introduced by the Deve Gowda government on September 12, 1996 failed to get approval in Lok Sabha, it was referred to a Joint Parliamentary Committee chaired by Geeta Mukherjee, which presented its report to the Lok Sabha on December 9, 1996.
Atal Bihari Vajpayee's NDA government re-introduced the bill in 1998 the 12th Lok Sabha.
When Law minister M. Thambidurai rose to introduce the bill on July 13, 1998 RJD MP Surendra Prasad Yadav goes to the well of the House, snatches it from Speaker G.M.C. Balayogi and tears it to bits.
The NDA government re-introduced the bill in the 13th Lok Sabha in 1999.
It moved the Bill again amid pandemonium in 2002 and Left parties and the Congress give assurances to support the bill if it is taken up.
The Bill was introduced twice in Parliament in 2003 and after an all-party meeting, BJP spokesperson Vijay Malhotra said, "We want the Bill passed in this session itself, with or without consensus".
In May that year, at an all-party meeting, Speaker Manohar Joshi announced deferring of the Bill. Protesting MPs rush to the well of the House during Question Hour, saying they would never allow the Bill to be passed in the present form.
Just before the Lok Sabha elections in 2004, Vajpayee blamed Congress for stalling the Bill and said BJP and its allies would pass the legislation after getting a decisive mandate in 2004 elections.
In 2004, the UPA government includes it in the Common Minimum Programme, which said: "The UPA government will take the lead to introduce legislation for one-third reservations for women in Vidhan Sabhas and in the Lok Sabha."
In 2005, BJP announced complete support for the bill. Subsequently, it yields to the objections of Uma Bharati and several others within the party, who stress on quota within quota for women on caste basis.
In 2008, the government tabled the bill in the Rajya Sabha so that the legislation does not lapse.
The Parliamentary Standing Committee on Law and Justice, and Personnel recommended passage of the Bill in Dec 2009.
The Bill was cleared by the Union Cabinet on February 25, 2010.
CIA warns India of al-Qaida threats
WASHINGTON: The CIA on Tuesday warned India and Brazil that they face "emerging threats" from al-Qaida and Taliban, though the terrorist outfits are "on the run" due to extreme pressure exerted on them in Afghanistan and Pakistan.
CIA Director Leon Panetta, said that the US spy agency has a "fundamental duty to provide warning and prevent surprise," which also refers to "emerging threats" to nations like Brazil and India, indicating the need for growing cooperation between the US and India on intelligence sharing.
Intense operations have put top al-Qaida and Taliban leaders under extreme pressure and "many of them are on the run," Panetta claimed.
He said "Our counter-terrorism operation have put put top al-Qaida leaders under intense pressure and much of their network has been disrupted."
He said that American efforts both in Afghanistan and Pakistan were aimed at hitting command and control centres of the al-Qaida. Panetta's claim comes as Pakistani forces with the help of CIA have captured some top Taliban commanders, including the outfits Nos 2 Mulla Abdul Ghani Baradar.
Without referring to covert drone attacks believed to be launched from Pakistani soil, Panetta said in his address at the University of Oklahoma.
Saying that US was at war with al-Qaida and its affiliated terrorist organisations, America's top spy claimed that operations in tribal areas of Pakistan has killed more than half of al-Qaida's top 20 commanders.
US drone attacks have also claimed to have killed more than 600 al-Qaida and Taliban militants in less than three years.
Warning that it was a war, the spy chief said al-Qaida would keep on coming at the Americans and said new intelligence indicated that Osama bin Laden led outfit was changing its tactics and trying to launch attacks on the US through people with no history of terrorist activities.
In Afghanistan and Pakistan, Panetta said America's goal is to "degrade the Taliban" in order to allow the Afghan people to govern themselves freely.
The question that most concerned Panetta was whether the US would be able to ultimately transfer power to the Afghan people.
The answer, he said, lies in whether the Karzai administration will succeed in building effective government, which he defined as the capacity to protect the people "at the provincial level."
Panetta said fighting the spread of deadly weapons is a core issue of the CIA's duties, especially in light of Osama Bin Laden describing the acquisition of nuclear weapons a "religious duty."
The CIA Director said the US is lagging behind in the cyber war and told the audience that he feared that the next Pearl Harbor might be a cyber attack.
Air India to lose Rs 5,400cr in 2009-10, says Praful Patel
NEW DELHI: National carrier Air India is expected to incur losses of around $1.8 billion (Rs.5,400 crore) this fiscal and the trend is likely to continue for a few more years, civil aviation minister Praful Patel said on Tuesday.
"The trend of losses is likely to continue for a few more years," the minister told the Rajya Sabha. He did not say when the airline would start making profits. The state-owned carrier is run by the National Aviation Co. of India Ltd (NACIL).
With the expected losses of $1.8 billion (Rs.5,400 crore) in 2009-10, the carrier's losses will mount to over $2.64 billion (Rs.13,174 crore) in three straight fiscals. The carrier had incurred a loss of $445.2 million (Rs.2,226.16 crore) in 2007-08 and $1.11 billion (Rs.5,548 crore) in 2008-09.
"The airline has initiated action as part of the turnaround plan and is focusing on fleet and manpower rationalisation, route profitability, and structural changes. These plan envisages benefits of $382.2 million (Rs.1911 crore) for the current financial year," Patel said.
These initiatives taken by the airline will only result in savings of $150.6 million (Rs.753 crore) in fiscal 2010-11, he said.
The minister also said the airline's outstanding fuel dues till January end stood at $348.2 million (Rs.1741 crore). "We have asked the airlines to clear the dues expeditiously."
The airline is waiting for a cabinet nod to raise its working capital by $200 million (Rs.1,000 crore). Currently the airline's working capital is $3.4 billion (Rs.17,000 crore).
The government last month approved equity infusion of $160 million (Rs.800 crore) for the ailing carrier in two instalments to tide over the cash flow problem and finance fleet acquisition plans.
Kasab trial: 'Pak Army sponsored the 26/11 attacks'
Mumbai: The 26/11 trial took a new turn on Tuesday with the prosecution stating that Pakistan Army was involved in the Mumbai terror attacks and a serving Major General had supervised their training in LeT camps across the border.
"The conspiracy of the 26/11 attack was hatched on Pakistan soil...It was a classic case of state-sponsored terrorism", Special Public Prosecutor Ujjwal Nikam said in his final arguments which began in a high-security court at Central Prison here.
Attired in white kurta and pyjama, 22-year-old Ajmal Kasab, the lone surviving Pakistani gunman, was seen in the dock covering his face with a handkerchief most of the time. Two other accused, Faheem Ansari and Sabauddin Ahmed, sat besides him on a bench.
Nikam said Kasab and the nine other slain terrorists had undergone military and intelligence training in Pakistan given by activists of terror outfit Lashkar-e-Taiba (LeT) and supervised by certain officers of the Pakistan Army.
"Kasab in his confession has said one Major General was present during their training and supervised the firing practice. The name of this Major General was deliberately not revealed to the attackers as he occupies a senior position in the army," Nikam said.
The Major General had taken keen interest during the firing practice and even patted Kasab for his good shots at targets, he said.
Kasab, he said, was a well trained commando and had also been imparted intelligence training to mislead the court. He had taken U-turns a number of times by making confessions and later retracting them, Nikam said. Alleging that the LeT and the Army were hand-in glove, the prosecution said a deliberate attempt was made by the conspirators to conceal Pakistan's involvement in the attack.
"The attackers were given fake identity cards under fictitious Indian names to conceal their nationality so that Pakistan's name did not surface. Slain terrorist Imran Babbar had even contacted a TV news channel during the attacks and claimed that he was from Hyderabad," Nikam argued.
Nikam said top LeT leaders including Hafeez Sayeed and Zaki-ur-Rahman Lakhvi were present at the Pakistan training camp.
The conspirators had directed the terrorists not to reveal their true identity and nationality to ensure that Pakistan's name does not crop up in the attack.
"Till date Pakistan has refused to take responsibility for the attacks and not yet claimed bodies of the nine slain terrorists," Nikam said. "Are they apprehending that relatives of the slain terrorists would reveal the secrets"? he asked.
Nikam said that Voice over Internet Protocol (VOIP) accounts were opened prior to the attacks through Callphonex, a service provider in New Jersey to use mobile phones and the payments were made by Mohammad Iqbal, a Pakistani national.
Summing up, Nikam said "When I was leading evidence I was looking at the larger picture to get to the root of the conspiracy and find out who were conspirators of this attack.
The terror of this nature would not have been possible without overt support of organised state actors".
One more student commits suicide over Telangana
Hyderabad: One more student of Osmania University allegedly committed suicide in support of statehood to Telangana by hanging himself in his hostel room here on Tuesday.
M Saikumar, a B Tech second year student, after attending a class in the morning went to his hostel room and hanged himself with a rope, Osmania University police said.
When his room-mates came to the room after attending their classes, they found Saikumar hanging from the window and immediately alerted the police and called an ambulance, police said.
Saikumar died on the way to the Gandhi hospital.
The police recovered a suicide note purportedly written by Saikumar in which he stated that he is sacrificing his life for the cause of Telangana.
Additional forces have been deployed in the University campus and near Gandhi hospital as tension prevailed after the news of Saikumar’s death spread.
Business News
IT sector created most jobs in Q3: Report
New Delhi: Ninety per cent of the new jobs created during the last quarter were direct recruitments by employers while the rest were done through contracts, a latest government survey said.
Most of the increase in employment of direct category workers was accounted for by the IT/BPO sector, Labour Bureau said in its survey report for October-December quarter.
During this period, employment rose by 6.38 lakh over the July-September quarter, an apparent reflection of the gradual turnaround of the economy, the report said.
Out of 6.38 lakh, employment in the direct category rose by 5.79 lakh while employment of contract workers increased by only 0.59 lakh, it said.
Direct workers include permanent, temporary and casual workers employed directly by the employer. Contract workers, on the other hand, are those hired by the employer to perform specific functions through a contractor for a defined period of time.
The report, which was compiled out of a survey carried out in eight selected sectors of the economy, revealed that IT/BPO sector created 5.67 out of the 5.79 lakh jobs in direct worker category.
The sectors covered in the survey included textiles, leather, metals, automobiles, gems and jewellery, transport and handloom apart from the IT/BPO.
Taxes make 50 pct of petrol price
New Delhi: More than half of the Rs 47.43 a litre retail price of petrol in Delhi is made up of taxes, after Finance Minister Pranab Mukherjee raised excise and customs duty on auto fuels in the Budget 2010-11.
Mukherjee last month raised excise duty on petrol and diesel by Re one per litre and import duty from 2.5 per cent to 7.5 per cent, resulting in a 12.7 per cent increase in tax component in the retail selling price.
Minister of State for Petroleum and Natural Gas Jitin Prasada informed Rajya Sabha that central and state taxes make up for Rs 24.41 or 51.5 per cent of the retail selling price of Rs 47.43 a litre of petrol in the national capital.
Prior to the February 26 proposal, customs and excise duties and state taxes totalled to Rs 21.65 in the retail selling price of Rs 44.72 per litre.
In case of diesel, taxes comprise Rs 10.73 or 30.25 per cent of Rs 35.47 a litre retail selling price in Delhi.
Earlier, one-fourth (Rs 8.11) was the tax component in retail price of Rs 32.92 per litre.
The Budget proposals led to a Rs 2.71 a litre increase in petrol prices and Rs 2.55 per litre hike in diesel rates.
Prasada said customs duty contributed Rs 1.73 in the retail price of petrol, excise duty Rs 14.78 and state taxes Rs 7.90. In case of diesel, Rs 1.80 was because of import duty, Rs 4.74 due to excise and Rs 4.19 resulting from state taxes.
A loan of Rs 8,966 on every MP citizen!
Bhopal: Madhya Pradesh government has a debt of Rs 54,111 crore as on March 31, 2009, which means Rs 8,966 per person in the state according to the 2001 census, Madhya Pradesh Finance Minister Raghavji said in the Assembly.
Replying to the Congress's Ram Niwas Rawat, Raghavji said that till March 31, 2004, the state government had a debt of Rs 34,109 crore, while it is Rs 54,111 crore as on March 31, 2009.
According to the 2001 census, the population of the state was 6,03,48,000 which means every citizen of the state carries an average loan of Rs 8,911, the minister said.
He said that as per the Budget estimates for the year 2009-10, the amount of debt repayment will be Rs 3,604.81 crore and interest on it will be Rs 4,794.10 crore which is 7.21 per cent and 9.59 per cent respectively of the total budget.
Sports News
Sachin is India’s top sportsman
Mumbai: Batting maestro Sachin Tendulkar has been named as the most influential person in Indian sports in the annual Sports Illustrated Power list.
The top 50 rates Tendulkar as the number one influencer in India, followed closely by IPL Chairman Lalit Modi at second spot and liquor baron Dr Vijay Mallya in third.
Union Agriculture Minister and President elect, ICC Sharad Pawar, Indian cricket team skipper Mahendra Singh Dhoni and BCCI president Shashank Manohar are fourth, fifth and sixth on the list respectively.
Some of the names in 50 most influential people in Indian sports including Tendulkar, tennis ace Sania Mirza (50th on the list), Beijing Olympics gold medallist shooter Abhinav Bindra (41st), Churchill Brothers Team owner Churchill Alemao (48th), Dempo Sports Team owner Shrinivas Dempo (49) were felicitated during a function here late last night.
"I wanted to play cricket whole-heartedly for the country. I am living my dream and have played with two-three generations. I wanted to be a special member of the team and I have done it," Tendulkar said on the occasion.
Tendulkar added he was still receiving congratulatory messages for becoming first batsman in the history of One-day cricket to score a double hundred and that he was enjoying the good time.
"It has taken many years for a batsman to get a double-hundred (in ODIs). I am still getting great feedback. It feels terrific," he said.
Asked how he kept himself composed even after becoming the first Indian to win an individual gold medal in Olympics, Bindra said, "I have waited for it for the last 16 years."
Meanwhile, Sania, who had recently sustained a wrist injury said she was on the way to recovery and was preparing for the Commonwealth games.
"I am recovering from the injury. Should be back in a couple of weeks."
As a special gesture, Kings XI Punjab co-owner Preity Zinta (the most powerful woman at 23 on the list) was presented with a diamond studded cricket ball.
Germany quell New Zealand fightback to storm into semis
Defending champions Germany saw off a late challenge from New Zealand to score a thumping 5-2 victory and booked a semifinal berth in the Hero Honda Hockey World Cup here on Tuesday.
Germany went ahead 3-0 effortlessly early into the second half through goals from Christoph Menke (15th minute), Florian Fuchs (28th) and Philip Witte (47th) before the Black Sticks made a fightback with goals from Shea Mcaleese (50th) and Wilson Nicholas (54th).
The world number one Germans, gunning for a hat-trick of titles, then scored twice in the space of two minutes towards close through Moritz Furste (63rd) and Matthias Witthaus (64th) to romp home with a morale-boosting vicrtory.
After three wins and two draws, Germany ended the Pool A engagements with 11 points.
New Zealand failed to qualify for the semifinals with six points from five matches.
The Germans forwards put pressure on the Kiwis right from the word go while the Black Sticks rarely reached the opposition circle.
The incessant attack paid off and the Germans took lead in the 15th minute with Christoph Menke deflecting a Florian Fuchs' pass from the left at the roof of New Zealand goal.
Seven minutes later, Jan-Marco Montag dodged past two New Zealand defenders but his reverse stick shot inside the striking circle sailed over the crossbar.
New Zealand got their first penalty corner one minute from the breather and Nicholas Wilson's attempt from close range was saved by German goalkeeper Tim Jessulat.
The Germans made it 3-0 in the 47th minute with Philip Witte deflecting a Tobias Hauke shot from outside the striking circle into the goal.
New Zealand struck back scoring twice in five minutes to make it 3-2 by the 54th minute.
Shea Mcaleese scored the first Kiwi goal in the 50th minute following their second penalty corner. He guided the ball into the German net after Andrew Hayward's strike was deflected by a German defender.
Four minutes later, Wilson Nicholas, who missed a chance in the first half, scored a gem of a goal. He got the better of a German defender with a fine stickwork and then rounded off the advancing goalkeeper before blasting into empty net.
Germany then scored twice in two minutes, with Moritz Furste converting their third penalty corner in the 63rd minute and Matthias Witthaus volleying a rebound off the New Zealand goalkeeper from their fourth penalty corner few moments later.
Germany got their first and only penalty corner of the first half in the 28th minute and they double the lead from it with Florian volleying a waist-high rebound off New Zealand goalkeeper Kyle Pontifex.
New Zealand got their first penalty corner one minute from the breather and Nicholas Wilson's attempt from close range was saved by German goalkeeper Tim Jessulat.
New Zealand struck back scoring twice in five minutes to make it 3-2 by the 54th minute.
Shea Mcaleese scored the first Kiwi goal in the 50th minute following their second penalty corner. He guided the ball into the German net after Andrew Hayward's strike was deflected by a German defender.
Four minutes later, Wilson Nicholas, who missed a chance in the first half, scored a gem of a goal. He got the better of a German defender with a fine stickwork and then rounded off the advancing goalkeeper before blasting into empty net.
Germany then scored twice in two minutes, with Moritz Furste converting their third penalty corner in the 63rd minute and Matthias Witthaus volleying a rebound off the New Zealand goalkeeper from their fourth penalty corner few moments later.
The Germans made it 3-0 in the 47th minute with Philip Witte deflecting a Tobias Hauke shot from outside the striking circle into the goal.
Germany got their first and only penalty corner of the first half in the 28th minute and they double the lead from it with Florian volleying a waist-high rebound off New Zealand goalkeeper Kyle Pontifex.
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Tuesday, March 9, 2010
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Indian Latest News
No voting on women's bill today, all-party meet tomorrow
NEW DELHI: The voting on the women's reservation bill in Rajya Sabha will not take place today. The Prime Minister has postponed for today the all-party meet on the issue.
The meeting has probably been put off to buy time for the government to finalise the floor strategy.
The Prime Minister, meanwhile, discussed the floor strategy with key UPA allies, including Sharad Pawar and T R Baalu.
The Lok Sabha and the Rajya Sabha have been adjourned till tomorrow.
Earlier, the landmark Women's Reservation Bill was moved for consideration in the Rajya Sabha on Monday amidst unprecedented scenes of pandemonium with members of the SP, BSP and the RJD trying to attack Chairman Hamid Ansari.
While some members, including RJD's Rajniti Prasad, tore the copy of the Bill, Kamal Akhtar and Nand Kishore Yadav of the SP and some others tried to reach the Chair raising slogans against the bill.
The SP and RJD members tried to uproot the mike on the table of the Chairman and threw the stationery placed on it. The security attendants immediately swung into action and shielded the Chairman to prevent the agitated members from climbing on the table.
The unprecedented pandemonium was witnessed as soon as law minister M Veerappa Moily moved for consideration of the Bill which provides for 33 per cent reservation for women in Lok Sabha and state assemblies.
Meanwhile, when the Lok Sabha, which was earlier adjourned twice on the same issue, reassembled at 2pm, members of these parties led by RJD chief Lalu Prasad, SP chief Mulayam Singh Yadav and JD(U) president Sharad Yadav, stormed the well shouting slogans.
As the slogan-shouting continued, Trinamool Congress members including its chief and railway minister Mamata Banerjee, were seen singing the famous song -- "We shall overcome some day".
Other Trinamool members, including minister of state for health Dinesh Trivedi, chief whip Sudip Bandopadhyay and cine-star turned MP Shatabdi Roy, were heard singing the song in the House.
As the din continued, Deputy Speaker Karia Munda adjourned the House till 1500 hours.
Earlier in the day, SP, BSP and RJD members on Monday strongly opposed the Women's Reservation Bill in the Lok Sabha, with one of them even trying to climb the Speaker's podium, leading to adjournment of the House for the second time till 2pm. The Rajya Sabha was also adjourned after huge protests.
The bill, created storm in the Lok Sabha soon after Speaker Meira Kumar welcomed a Croatian delegation and read out a reference on International Women's Day.
The moment Kumar called for Question Hour, SP, BSP and RJD members trooped into the Well demanding quotas for OBC, Dalit and Muslim women within the proposed law to reserve 33 per cent seats in Parliament and State assemblies for the fair sex.
The Speaker refused to adjourn the House and carried on with the Question Hour. SP chief Mulayam Singh Yadav gestured his party members to move forward and himself marched to the Well from the side of the treasury benches. Dara Singh Chauhan (BSP) and Lalu Prasad and Umashanker Singh (both RJD) followed Yadav.
Mithilesh Kumar (SP) tried to climb the table placed in front of the Speaker prompting Leader of the House Pranab Mukherjee to request Yadav to control his members.
On the SP chief's directive, the members retreated a bit but stayed put in the Well and continued to raise slogans.
The Rajya Sabha was also adjourned after Samajwadi Party members demanded that question hour be suspended to discuss the Women's Reservation Bill. When the house assembled at 11am, Chairman Hamid Ansari read out a message on the international Women's Day saying that among others "women have to be included in the decision making process".
As soon as he finished, Kamal Akhtar and other SP members were on their feet demanding that the report of the National Commission for Religious and Linguistic Minorities headed by Justice (retd) Ranganath Misra be discussed.
Ansari ruled it out on the ground that no notice had been served for this. As a handful of SP members advanced to towards the chairman's podium, Ansari adjourned the House.
PM meets leaders of parties favouring Women's bill
NEW DELHI: With Rajya Sabha witnessing pandemonium over opposition to Women's Reservation Bill, Prime Minister Manmohan Singh met leaders of parties backing the Bill amid indications that he would call an all party meeting tomorrow to discuss how it can be passed smoothly.
Singh met leaders of BJP, CPI-M, CPI and TDP after SP and RJD stalled the functioning of both houses of Parliament protesting against the Bill that provides for 33 reservation to women in Lok Sabha and state assemblies.
The meeting was called to discuss the strategy for ensuring the passage of the land-mark legislation. While the government was keen on passing the bill today itself without discussion, leaders attending the meeting insisted on a discussion before passing the Bill.
"We want the bill to be passed and also want the Parliamentary procedure to be respected," CPI leader Gurudas Dasgupta said.
Leader of the Opposition in Rajya Sabha Arun Jaitley also favoured a discussion on the bill before it is passed by the House.
Some of the leaders who attended the meeting wanted an all party meeting to be convened to discuss the matter.
The issue is expected to be discussed at the meeting of the Congress Core Committee being held in the evening. A meeting of leaders of the parties supporting the Bill is likely to be held late evening, while an all party meeting is expected tomorrow.
Home ministry issues terror alert for Mumbai, Kolkata, Bangalore
NEW DELHI: The home ministry on Monday issued an alert for Mumbai, Kolkata and Bangalore, saying the three major cities could be targeted by terrorists.
Based on the interrogation of suspected Indian Mujahideen terrorist Salman Ahmed, the Home Ministry asked governments of Maharashtra, West Bengal and Karnataka to take all possible steps to foil any bid by terrorists to strike the cities.
"We are not taking any chances on whatever information we have received. So, we have alerted the concerned state governments to take all necessary security measures immediately," a Home Ministry official said.
During his interrogation, Salman, who was suspected to be involved in serial blasts in Ahmedabad, Varanasi and Gorakhpur, confessed that the Indian Mujahideen has set up bases in Karachi, Kathmandu, Dubai and a few places in Middle East under its so-called "Karachi Project".
"He also confessed before the interrogators that IM cadres go to Pakistan either taking the route of Nepal or Bangladesh for training and he had returned from Pakistan only in January last," the official said.
Under the "Karachi Project", IM sends Indian youths to Pakistan for terror training and again push back them to the country to carry out subversive activities.
Nityananda ashram rejects charge of rape
BANGALORE: Rejecting rape charge and doubts raised over death of a foreign devotee of self-styled godman Paramahamsa Nityananda, his ashram on Monday said he would make a public appearance soon and answer all allegations.
The charges were part of a "conspiracy to malign the image of the swami and impede ashram's social activities," the ashram spokesperson Nitya Sachidananda told reporters at the Nityananda Ashram near Bidadi, about 40 km from here.
A 23-year-old woman, an inmate of the Bidadi ashram, had alleged that Nithyananda had raped and sexually harassed dozens of women in the ashram.
Chennai police have registered a rape and cheating case against Nityananda, days after video footage of his alleged sleazy acts were telecast by TV channels.
Sachidananda also denied a charge that mystery shrouded the death of foreign national Melvyan Boyd Diamond, a Yoga teacher in the ashram.
"Diamond had family history of cardiac problems and he died following an accidental fall from the second floor of the building he lived in," he said, adding that the ashram had arranged for his cremation.
The operation to malign Nityananda had been done in "a surgical precision" and "Swamiji himself will come and comment on all the issues. As his "personal security" was at risk "we have advised him to come after some days," the spokesperson said.
The ashram, which faced violent protests after telecast of the video, has so far not lodged any police complaint.
SC asks Raj Thackeray to desist from making hate speeches
New Delhi:The Supreme Court today asked MNS chief Raj Thackeray to desist from making provocative speeches targeting north Indians which has led to several criminal cases being lodged against him in different parts of the country.
"This (filing of criminal cases) will continue against you. Why don't you stop this sort of things. You go on making such statements," a Bench comprising Chief Justice K G Balakrishnan and Justice B S Chauhan said.
The observations by the Bench was made during the petition filed by Thackeray seeking shifting of the three cases filed in Madhya Pradesh, Bihar and Jharkhand recently against him to the national capital.
"What is the guarantee that in future you will not make such statements," the Bench said while issuing notices to those who have filed private complaints against the MNS chief for his alleged action and speeches promoting animosity among citizens.
The case filed in Mandasor in Madhya Pradesh was in connection with the incident in which Samajwadi Party MLA Abu Azami was slapped by MNS legislators in the Maharashtra Assembly allegedly at the instance of Thackeray. The other two cases have been filed against him in Aurangabad in Bihar and Jamshedpur in Jharkhand for his alleged inflammatory speeches against north Indians
Senior advocate Mukul Rohatgi, appearing for the MNS chief, pointed to the earlier order of the apex court by which cases lodged against him in different parts of the country were shifted to Delhi.
The apex court on January 8 had shifted to Delhi's Tis Hazari Court seven cases registered against Thackeray in Jharkhand and Bihar for promoting animosity among citizens by his alleged hate speeches against north Indians. Rohatgi had submitted that the cases against Thackeray were ‘politically motivated’ and there was apprehension that he will not get a fair trial in the two states.
'The Hurt Locker' sweeps Oscars, Bigelow creates history
Iraq war saga 'The Hurt Locker' swept the Oscars today winning six golden statuettes with Kathryn Bigelow creating history by becoming the first woman to win the Best Director award.
Bigelow's film about a US bomb disposal squad posted in Iraq and the emotional toll the seven-year-old war has taken, overcame stiff competition from ex-husband James Cameron's blockbuster sci-fi epic 'Avatar'.
'The Hurt Locker', made on a small budget of USD 16 million, bagged the honours for Best Film, Best Original Screenplay for writer Mark Boal, Editing, Sound Editing and Mixing.
58-year-old Bigelow become the first woman to win the Golden Knight in the 82-year-old history of the Academy Awards. The category is dominated by male filmmakers. Only three women have been nominated in the Best Director category --Sofia Coppola, Jane Campion and Lina Wertmuller.
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"This really is, there's no other way to describe it, it's the moment of a lifetime," Bigelow said after accepting the Golden Knight amid a standing ovation by the Oscar crowd.
Cameron, who was seated right behind Bigelow, also joined in the applause.
The Academy had no surprises in the four acting categories with first timers Sandra Bullock (The Blind Side), Jeff Bridges (Crazy Heart), Mo'Nique (Precious) and Christoph Waltz (Inglourious Basterds) winning in the Best Acting and Supporting categories respectively.
'Avatar', which was pitted against 'The Hurt Locker' with nine nominations, clinched three trophies in technical categories -- visual effects, cinematography and art direction.
Unlike last year, when Mumbai-based potboiler 'Slumdog Millionaire' walked away with eight Oscars, including trophies for A R Rahman and Resul Pukutty, it was a blank for India this time.
'Kavi', a short Hindi film about modern day slavery inIndia, lost out to Danish film 'The New Tenants' in the Short Film (Live Action) category.
Bullock, 45, edged past veteran actresses Meryl Streep (Julie & Julia), Dame Helen Mirren (The Last Station) and newcomers Carey Mulligan (An Education) and Gabourey Sidibe (Precious) to bag her first Oscar.
The actress was honoured for her real-life inspired role of a Southern homemaker Leigh Anne Tuohy in 'The Blind Side', who becomes the foster mother of a troubled African-American teenager and changes his life.
"Did I really earn this, or did I just wear you all down?" joked the actress, popularly known as 'American Sweetheart' for her romantic comedies like 'Miss Congeniality', 'Speed' and 'The Proposal'.
Bridges, 60, won the Best Actor award for his portrayal of alcoholic country singer Bad Blake in 'Crazy Heart'. The actor, who has been nominated four times in the past, thanked his "mom and dad" for the trophy.
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"I would like to thank my mom and dad for this. I remember my mom taking me to the showbiz parties and dad giving me acting lessons. I am an extension of them and this award is an honour to them," said Bridges.
African-American actress Mo'Nique won the Supporting Actress award for her role of an abusive mother in 'Precious' while Austria's Christoph Waltz won the supporting actor for his role as Jew-slayer Nazi officer Hans Landa in 'Inglourious Basterds.'
Mo'Nique, an African-American stand-up comedian, gave an emotionally charged speech after accepting the trophy.
Business News
Sensex adds 108 pts, regains 17K-mark
Helped by overseas investors' buying interest in auto, bank and IT stocks, the markets moved higher and the benchmark Sensex rose 108 points to close above the 17,000-mark, scaling a fresh six-week high.
Blue-chips counters ICICI Bank, HDFC Bank, Infosys, Mahindra & Mahindra, Hero Honda and SBI registered smart gains, helping the Sensex rally 108.11 points or 0.64 points at 17,102.60 points.
However, profit-booking was seen in counters like Bharti Airtel, Reliance Industries and Hindustan Unilever after the recent rally on these counters.
Significantly, the NSEs 50-share Nifty breached the key resistance level of 5,100-mark by adding 35.30 points at 5,124 after touching a high of 5,147.10 in early morning trade.
The Sensex regained the psychologically important 17,000 level after a gap of three days, although it pared some of its intra-day gains of 193 points.
"With the weakening of the dollar, foreign funds are buying Indian stocks. As international markets are currently in a rally mode, the FIIs are also focusing on emerging market stocks," SMC Global vice-president Rajesh Jain said.
The rupee today touched a two-month high of 45.46 against the greenback as the foreign funds upped their India focus, pouring in over USD 1 billion in equities.
"The market failed to sustain gains as investors booked profit in midsession. The market is cautious before NMDC issue, in which FIIs are waiting to put in money," CNI Research chairman and managing director Kishore P Ostwal said.
As many as 20 bluechips advanced on the bourses on Monday. Analysts said the banking counter saw action after the tabling of the State Bank of India (Amendment Bill), 2010, which will allow the PSU lender to raise more capital from the market through share sale.
The government is planning to bring down its stake in SBI to 51 per cent from the present 55 per cent. SBI gained 1.16 per cent to close at Rs 2,070.25 on the BSE. Besides, private sector lender ICICI Bank gained 2.32 per cent and HDFC Bank was up 0.80 per cent.
The gainers pack was led by Mahindra&Mahindra which jumped 4.33 per cent, Hero Honda which moved up 3.09 per cent.
"The markets opened strong backed by positive Asian cues as better-than-expected US job data released on Friday signalled that the labour market is slowly stabilising and demand is improving the world's largest economy," Ostwal said.
Last month the US economy saw jo loss of 36,000 and the unemployment rate remained unchanged at 9.7 per cent at the end of the month, data released on Friday showed.
However, there was pressure on the realty, metal and telecom counters today. Shares of Bharti Airtel dropped 2.13 per cent, Reliance Communications was down 0.55 per cent and Hindalco fell 1.10 per cent.
Meanwhile, Essar Group's plans to raise USD 3 billion (about Rs 14,000 crore) through initial share sale on the London Stock Exchange sent the shares of its subsidiaries rolling on the bourses. Shares of Essar Oil surged over 6 per cent to Rs 149 on the BSE.
LyondellBasell rejects RIL takeover bid
New York: Global petrochemicals major LyondellBasell is understood to have rejected a multi-billion dollar takeover bid by Indian giant Reliance Industries.
Luxembourg-based LyondellBasell is believed to have today submitted to the US Bankruptcy Court a detailed plan of settlement with the creditors to move out of bankruptcy protection, terming this plan as superior to the sale of controlling stake to Indian billionaire Mukesh Ambani-led Reliance Industries.
While an RIL spokesperson declined to comment on the development, the officials at LyondellBasell could not be contacted immediately.
RIL had reportedly made a USD 12-billion bid to acquire controlling stake in the global major and later raised the bid to over USD 14 billion. The two companies had disclosed in November last year that they were negotiating for a possible deal, but never officially disclosed the financial details.
Sports News
Spain beat England 2-0
New Delhi: Olympic silver medallist Spain continued their domination over England in the hockey World Cup, defeating the European Champions 2-0 in their last pool match at the 12th edition of the mega-event here on Monday.
With this win, Spain registered their fifth victory over England out of seven World Cup matches the two teams have played so far. The Englishmen finished on the winning side only once while one game ended without result.
Pau Quemada (35th minute) and Eduard Tubau (64th) scored the goals for Spain at the Major Dhyan Chand National Stadium and almost sealed their third position in the Pool B with nine points.
The victory, however, came too late for Spain as it did very little to brighten their semifinal hopes.
England were already through to the last-four stage of the tournament prior to the match with four wins out of their five matches and most likely title favourites Australia will join them as they have a better goal average than the Spaniards and also a game at hand.
In order to progress to the semis, Spain first needed to beat England by a huge margin today and hope that Pakistan prevail over Australia by a big score. But that was not to be.
The victory, however, assured Spain a place in the fifth-sixth play-off match on Friday unless Pakistan beat Australia by a margin of 13 goals, which is highly unlikely.
India look for face-saver
New Delhi: India played for a semi-final spot against Spain a few days ago, and lost it despite getting enough chances. They played for pride against England on Saturday, but managed only to come close. Now, left with only their last league match against South Africa, there is little at stake for the hosts of the 12th hockey World Cup except a face-saver and one last chance to finish in single digits in the event.
The last time India played South Africa in a World Cup match, they were fighting to avoid the wooden spoon in 2006. India struggled to register a 1-0 win in the play-off for the 11th -12th spot back then. When the two teams line up on Monday, they will clash this time to finish in the top eight. And going by current form, India will have a battle on the cards yet again.
What should be a concern for the hosts is the fact that the last encounter between the two sides was an example of numerous chances going waste before India finally tapped in the winner. That story seems to be continuing in 2010, with the Indian strikers missing several sitters inside the circle. Against a resolute South African defence, it is an area that India need to address quickly. Ranked 13th in the world, they made a strong return after a 12-0 mauling by Australia, upsetting Pakistan 4-3. Their morale will be high and a win against India will put them fourth in the table.
NEW DELHI: The voting on the women's reservation bill in Rajya Sabha will not take place today. The Prime Minister has postponed for today the all-party meet on the issue.
The meeting has probably been put off to buy time for the government to finalise the floor strategy.
The Prime Minister, meanwhile, discussed the floor strategy with key UPA allies, including Sharad Pawar and T R Baalu.
The Lok Sabha and the Rajya Sabha have been adjourned till tomorrow.
Earlier, the landmark Women's Reservation Bill was moved for consideration in the Rajya Sabha on Monday amidst unprecedented scenes of pandemonium with members of the SP, BSP and the RJD trying to attack Chairman Hamid Ansari.
While some members, including RJD's Rajniti Prasad, tore the copy of the Bill, Kamal Akhtar and Nand Kishore Yadav of the SP and some others tried to reach the Chair raising slogans against the bill.
The SP and RJD members tried to uproot the mike on the table of the Chairman and threw the stationery placed on it. The security attendants immediately swung into action and shielded the Chairman to prevent the agitated members from climbing on the table.
The unprecedented pandemonium was witnessed as soon as law minister M Veerappa Moily moved for consideration of the Bill which provides for 33 per cent reservation for women in Lok Sabha and state assemblies.
Meanwhile, when the Lok Sabha, which was earlier adjourned twice on the same issue, reassembled at 2pm, members of these parties led by RJD chief Lalu Prasad, SP chief Mulayam Singh Yadav and JD(U) president Sharad Yadav, stormed the well shouting slogans.
As the slogan-shouting continued, Trinamool Congress members including its chief and railway minister Mamata Banerjee, were seen singing the famous song -- "We shall overcome some day".
Other Trinamool members, including minister of state for health Dinesh Trivedi, chief whip Sudip Bandopadhyay and cine-star turned MP Shatabdi Roy, were heard singing the song in the House.
As the din continued, Deputy Speaker Karia Munda adjourned the House till 1500 hours.
Earlier in the day, SP, BSP and RJD members on Monday strongly opposed the Women's Reservation Bill in the Lok Sabha, with one of them even trying to climb the Speaker's podium, leading to adjournment of the House for the second time till 2pm. The Rajya Sabha was also adjourned after huge protests.
The bill, created storm in the Lok Sabha soon after Speaker Meira Kumar welcomed a Croatian delegation and read out a reference on International Women's Day.
The moment Kumar called for Question Hour, SP, BSP and RJD members trooped into the Well demanding quotas for OBC, Dalit and Muslim women within the proposed law to reserve 33 per cent seats in Parliament and State assemblies for the fair sex.
The Speaker refused to adjourn the House and carried on with the Question Hour. SP chief Mulayam Singh Yadav gestured his party members to move forward and himself marched to the Well from the side of the treasury benches. Dara Singh Chauhan (BSP) and Lalu Prasad and Umashanker Singh (both RJD) followed Yadav.
Mithilesh Kumar (SP) tried to climb the table placed in front of the Speaker prompting Leader of the House Pranab Mukherjee to request Yadav to control his members.
On the SP chief's directive, the members retreated a bit but stayed put in the Well and continued to raise slogans.
The Rajya Sabha was also adjourned after Samajwadi Party members demanded that question hour be suspended to discuss the Women's Reservation Bill. When the house assembled at 11am, Chairman Hamid Ansari read out a message on the international Women's Day saying that among others "women have to be included in the decision making process".
As soon as he finished, Kamal Akhtar and other SP members were on their feet demanding that the report of the National Commission for Religious and Linguistic Minorities headed by Justice (retd) Ranganath Misra be discussed.
Ansari ruled it out on the ground that no notice had been served for this. As a handful of SP members advanced to towards the chairman's podium, Ansari adjourned the House.
PM meets leaders of parties favouring Women's bill
NEW DELHI: With Rajya Sabha witnessing pandemonium over opposition to Women's Reservation Bill, Prime Minister Manmohan Singh met leaders of parties backing the Bill amid indications that he would call an all party meeting tomorrow to discuss how it can be passed smoothly.
Singh met leaders of BJP, CPI-M, CPI and TDP after SP and RJD stalled the functioning of both houses of Parliament protesting against the Bill that provides for 33 reservation to women in Lok Sabha and state assemblies.
The meeting was called to discuss the strategy for ensuring the passage of the land-mark legislation. While the government was keen on passing the bill today itself without discussion, leaders attending the meeting insisted on a discussion before passing the Bill.
"We want the bill to be passed and also want the Parliamentary procedure to be respected," CPI leader Gurudas Dasgupta said.
Leader of the Opposition in Rajya Sabha Arun Jaitley also favoured a discussion on the bill before it is passed by the House.
Some of the leaders who attended the meeting wanted an all party meeting to be convened to discuss the matter.
The issue is expected to be discussed at the meeting of the Congress Core Committee being held in the evening. A meeting of leaders of the parties supporting the Bill is likely to be held late evening, while an all party meeting is expected tomorrow.
Home ministry issues terror alert for Mumbai, Kolkata, Bangalore
NEW DELHI: The home ministry on Monday issued an alert for Mumbai, Kolkata and Bangalore, saying the three major cities could be targeted by terrorists.
Based on the interrogation of suspected Indian Mujahideen terrorist Salman Ahmed, the Home Ministry asked governments of Maharashtra, West Bengal and Karnataka to take all possible steps to foil any bid by terrorists to strike the cities.
"We are not taking any chances on whatever information we have received. So, we have alerted the concerned state governments to take all necessary security measures immediately," a Home Ministry official said.
During his interrogation, Salman, who was suspected to be involved in serial blasts in Ahmedabad, Varanasi and Gorakhpur, confessed that the Indian Mujahideen has set up bases in Karachi, Kathmandu, Dubai and a few places in Middle East under its so-called "Karachi Project".
"He also confessed before the interrogators that IM cadres go to Pakistan either taking the route of Nepal or Bangladesh for training and he had returned from Pakistan only in January last," the official said.
Under the "Karachi Project", IM sends Indian youths to Pakistan for terror training and again push back them to the country to carry out subversive activities.
Nityananda ashram rejects charge of rape
BANGALORE: Rejecting rape charge and doubts raised over death of a foreign devotee of self-styled godman Paramahamsa Nityananda, his ashram on Monday said he would make a public appearance soon and answer all allegations.
The charges were part of a "conspiracy to malign the image of the swami and impede ashram's social activities," the ashram spokesperson Nitya Sachidananda told reporters at the Nityananda Ashram near Bidadi, about 40 km from here.
A 23-year-old woman, an inmate of the Bidadi ashram, had alleged that Nithyananda had raped and sexually harassed dozens of women in the ashram.
Chennai police have registered a rape and cheating case against Nityananda, days after video footage of his alleged sleazy acts were telecast by TV channels.
Sachidananda also denied a charge that mystery shrouded the death of foreign national Melvyan Boyd Diamond, a Yoga teacher in the ashram.
"Diamond had family history of cardiac problems and he died following an accidental fall from the second floor of the building he lived in," he said, adding that the ashram had arranged for his cremation.
The operation to malign Nityananda had been done in "a surgical precision" and "Swamiji himself will come and comment on all the issues. As his "personal security" was at risk "we have advised him to come after some days," the spokesperson said.
The ashram, which faced violent protests after telecast of the video, has so far not lodged any police complaint.
SC asks Raj Thackeray to desist from making hate speeches
New Delhi:The Supreme Court today asked MNS chief Raj Thackeray to desist from making provocative speeches targeting north Indians which has led to several criminal cases being lodged against him in different parts of the country.
"This (filing of criminal cases) will continue against you. Why don't you stop this sort of things. You go on making such statements," a Bench comprising Chief Justice K G Balakrishnan and Justice B S Chauhan said.
The observations by the Bench was made during the petition filed by Thackeray seeking shifting of the three cases filed in Madhya Pradesh, Bihar and Jharkhand recently against him to the national capital.
"What is the guarantee that in future you will not make such statements," the Bench said while issuing notices to those who have filed private complaints against the MNS chief for his alleged action and speeches promoting animosity among citizens.
The case filed in Mandasor in Madhya Pradesh was in connection with the incident in which Samajwadi Party MLA Abu Azami was slapped by MNS legislators in the Maharashtra Assembly allegedly at the instance of Thackeray. The other two cases have been filed against him in Aurangabad in Bihar and Jamshedpur in Jharkhand for his alleged inflammatory speeches against north Indians
Senior advocate Mukul Rohatgi, appearing for the MNS chief, pointed to the earlier order of the apex court by which cases lodged against him in different parts of the country were shifted to Delhi.
The apex court on January 8 had shifted to Delhi's Tis Hazari Court seven cases registered against Thackeray in Jharkhand and Bihar for promoting animosity among citizens by his alleged hate speeches against north Indians. Rohatgi had submitted that the cases against Thackeray were ‘politically motivated’ and there was apprehension that he will not get a fair trial in the two states.
'The Hurt Locker' sweeps Oscars, Bigelow creates history
Iraq war saga 'The Hurt Locker' swept the Oscars today winning six golden statuettes with Kathryn Bigelow creating history by becoming the first woman to win the Best Director award.
Bigelow's film about a US bomb disposal squad posted in Iraq and the emotional toll the seven-year-old war has taken, overcame stiff competition from ex-husband James Cameron's blockbuster sci-fi epic 'Avatar'.
'The Hurt Locker', made on a small budget of USD 16 million, bagged the honours for Best Film, Best Original Screenplay for writer Mark Boal, Editing, Sound Editing and Mixing.
58-year-old Bigelow become the first woman to win the Golden Knight in the 82-year-old history of the Academy Awards. The category is dominated by male filmmakers. Only three women have been nominated in the Best Director category --Sofia Coppola, Jane Campion and Lina Wertmuller.
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"This really is, there's no other way to describe it, it's the moment of a lifetime," Bigelow said after accepting the Golden Knight amid a standing ovation by the Oscar crowd.
Cameron, who was seated right behind Bigelow, also joined in the applause.
The Academy had no surprises in the four acting categories with first timers Sandra Bullock (The Blind Side), Jeff Bridges (Crazy Heart), Mo'Nique (Precious) and Christoph Waltz (Inglourious Basterds) winning in the Best Acting and Supporting categories respectively.
'Avatar', which was pitted against 'The Hurt Locker' with nine nominations, clinched three trophies in technical categories -- visual effects, cinematography and art direction.
Unlike last year, when Mumbai-based potboiler 'Slumdog Millionaire' walked away with eight Oscars, including trophies for A R Rahman and Resul Pukutty, it was a blank for India this time.
'Kavi', a short Hindi film about modern day slavery inIndia, lost out to Danish film 'The New Tenants' in the Short Film (Live Action) category.
Bullock, 45, edged past veteran actresses Meryl Streep (Julie & Julia), Dame Helen Mirren (The Last Station) and newcomers Carey Mulligan (An Education) and Gabourey Sidibe (Precious) to bag her first Oscar.
The actress was honoured for her real-life inspired role of a Southern homemaker Leigh Anne Tuohy in 'The Blind Side', who becomes the foster mother of a troubled African-American teenager and changes his life.
"Did I really earn this, or did I just wear you all down?" joked the actress, popularly known as 'American Sweetheart' for her romantic comedies like 'Miss Congeniality', 'Speed' and 'The Proposal'.
Bridges, 60, won the Best Actor award for his portrayal of alcoholic country singer Bad Blake in 'Crazy Heart'. The actor, who has been nominated four times in the past, thanked his "mom and dad" for the trophy.
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"I would like to thank my mom and dad for this. I remember my mom taking me to the showbiz parties and dad giving me acting lessons. I am an extension of them and this award is an honour to them," said Bridges.
African-American actress Mo'Nique won the Supporting Actress award for her role of an abusive mother in 'Precious' while Austria's Christoph Waltz won the supporting actor for his role as Jew-slayer Nazi officer Hans Landa in 'Inglourious Basterds.'
Mo'Nique, an African-American stand-up comedian, gave an emotionally charged speech after accepting the trophy.
Business News
Sensex adds 108 pts, regains 17K-mark
Helped by overseas investors' buying interest in auto, bank and IT stocks, the markets moved higher and the benchmark Sensex rose 108 points to close above the 17,000-mark, scaling a fresh six-week high.
Blue-chips counters ICICI Bank, HDFC Bank, Infosys, Mahindra & Mahindra, Hero Honda and SBI registered smart gains, helping the Sensex rally 108.11 points or 0.64 points at 17,102.60 points.
However, profit-booking was seen in counters like Bharti Airtel, Reliance Industries and Hindustan Unilever after the recent rally on these counters.
Significantly, the NSEs 50-share Nifty breached the key resistance level of 5,100-mark by adding 35.30 points at 5,124 after touching a high of 5,147.10 in early morning trade.
The Sensex regained the psychologically important 17,000 level after a gap of three days, although it pared some of its intra-day gains of 193 points.
"With the weakening of the dollar, foreign funds are buying Indian stocks. As international markets are currently in a rally mode, the FIIs are also focusing on emerging market stocks," SMC Global vice-president Rajesh Jain said.
The rupee today touched a two-month high of 45.46 against the greenback as the foreign funds upped their India focus, pouring in over USD 1 billion in equities.
"The market failed to sustain gains as investors booked profit in midsession. The market is cautious before NMDC issue, in which FIIs are waiting to put in money," CNI Research chairman and managing director Kishore P Ostwal said.
As many as 20 bluechips advanced on the bourses on Monday. Analysts said the banking counter saw action after the tabling of the State Bank of India (Amendment Bill), 2010, which will allow the PSU lender to raise more capital from the market through share sale.
The government is planning to bring down its stake in SBI to 51 per cent from the present 55 per cent. SBI gained 1.16 per cent to close at Rs 2,070.25 on the BSE. Besides, private sector lender ICICI Bank gained 2.32 per cent and HDFC Bank was up 0.80 per cent.
The gainers pack was led by Mahindra&Mahindra which jumped 4.33 per cent, Hero Honda which moved up 3.09 per cent.
"The markets opened strong backed by positive Asian cues as better-than-expected US job data released on Friday signalled that the labour market is slowly stabilising and demand is improving the world's largest economy," Ostwal said.
Last month the US economy saw jo loss of 36,000 and the unemployment rate remained unchanged at 9.7 per cent at the end of the month, data released on Friday showed.
However, there was pressure on the realty, metal and telecom counters today. Shares of Bharti Airtel dropped 2.13 per cent, Reliance Communications was down 0.55 per cent and Hindalco fell 1.10 per cent.
Meanwhile, Essar Group's plans to raise USD 3 billion (about Rs 14,000 crore) through initial share sale on the London Stock Exchange sent the shares of its subsidiaries rolling on the bourses. Shares of Essar Oil surged over 6 per cent to Rs 149 on the BSE.
LyondellBasell rejects RIL takeover bid
New York: Global petrochemicals major LyondellBasell is understood to have rejected a multi-billion dollar takeover bid by Indian giant Reliance Industries.
Luxembourg-based LyondellBasell is believed to have today submitted to the US Bankruptcy Court a detailed plan of settlement with the creditors to move out of bankruptcy protection, terming this plan as superior to the sale of controlling stake to Indian billionaire Mukesh Ambani-led Reliance Industries.
While an RIL spokesperson declined to comment on the development, the officials at LyondellBasell could not be contacted immediately.
RIL had reportedly made a USD 12-billion bid to acquire controlling stake in the global major and later raised the bid to over USD 14 billion. The two companies had disclosed in November last year that they were negotiating for a possible deal, but never officially disclosed the financial details.
Sports News
Spain beat England 2-0
New Delhi: Olympic silver medallist Spain continued their domination over England in the hockey World Cup, defeating the European Champions 2-0 in their last pool match at the 12th edition of the mega-event here on Monday.
With this win, Spain registered their fifth victory over England out of seven World Cup matches the two teams have played so far. The Englishmen finished on the winning side only once while one game ended without result.
Pau Quemada (35th minute) and Eduard Tubau (64th) scored the goals for Spain at the Major Dhyan Chand National Stadium and almost sealed their third position in the Pool B with nine points.
The victory, however, came too late for Spain as it did very little to brighten their semifinal hopes.
England were already through to the last-four stage of the tournament prior to the match with four wins out of their five matches and most likely title favourites Australia will join them as they have a better goal average than the Spaniards and also a game at hand.
In order to progress to the semis, Spain first needed to beat England by a huge margin today and hope that Pakistan prevail over Australia by a big score. But that was not to be.
The victory, however, assured Spain a place in the fifth-sixth play-off match on Friday unless Pakistan beat Australia by a margin of 13 goals, which is highly unlikely.
India look for face-saver
New Delhi: India played for a semi-final spot against Spain a few days ago, and lost it despite getting enough chances. They played for pride against England on Saturday, but managed only to come close. Now, left with only their last league match against South Africa, there is little at stake for the hosts of the 12th hockey World Cup except a face-saver and one last chance to finish in single digits in the event.
The last time India played South Africa in a World Cup match, they were fighting to avoid the wooden spoon in 2006. India struggled to register a 1-0 win in the play-off for the 11th -12th spot back then. When the two teams line up on Monday, they will clash this time to finish in the top eight. And going by current form, India will have a battle on the cards yet again.
What should be a concern for the hosts is the fact that the last encounter between the two sides was an example of numerous chances going waste before India finally tapped in the winner. That story seems to be continuing in 2010, with the Indian strikers missing several sitters inside the circle. Against a resolute South African defence, it is an area that India need to address quickly. Ranked 13th in the world, they made a strong return after a 12-0 mauling by Australia, upsetting Pakistan 4-3. Their morale will be high and a win against India will put them fourth in the table.
Sunday, March 7, 2010
Indian Latest News
India expresses surprise on Pak statement on Saeed
New Delhi:Expressing ‘surprise’ over Pakistan's claim that the issue of arrest of Hafiz Saeed, one of the 26/11 masterminds, was not taken up during Foreign Secretary- level talks, India said on Sunday that it has been demanding action against him since the barbaric and dastardly attacks in Mumbai and the matter was raised ‘strongly’ during the parleys.
"Saeed's activities including his recent vitriolic and venomous statements aimed at fomenting further acts of terrorism against India and the unhindered public space and freedom he enjoys in Pakistan was raised strongly by India during the Foreign Secretary-level talks," External Affairs Ministry spokesman said in a statement here.
Talking to reporters in Multan, Pakistan Foreign Minister Shah Mahmood Qureshi had claimed that India never demanded the arrest of the Jamaat-ud-Dawah chief Saeed nor discussed the issue at the talks between Foreign Secretary Nirupama Rao and her Pakistani counterpart Salman Bashir here on February 25.
In response to queries regarding the reported statement of Qureshi, the spokesman, while expressing surprise, said that India has been demanding action against Saeed, one of the masterminds of the Mumbai terrorist strikes, since the barbaric and dastardly attacks took place.
"A dossier containing a compilation of evidence on the involvement of Saeed in the terrorist attacks was handed over to Pakistan on August 21, 2009 and his name featured prominently in yet another dossier handed over to the Pakistan Foreign Secretary during the talks on February 25, 2010," the statement said.
Indian man charged with Indian toddler's death in Australia
MELBOURNE: A 23-year-old Indian man was today charged over the death of an Indian toddler, whose body was found three days ago in a Melbourne suburb.
Dhillon Gursewak has been charged with manslaughter due to criminal negligence and is appearing in an out-of-sessions hearing at St Kilda Road Police complex, local media reports said.
He is not expected to apply for bail. The man, who has been charged with murdering the three-year-old Gurshan Singh Channa from Punjab who was in Australia on a vacation with his parents, is not a relative, but did live in the same house in David Street, Lalor as Gurshan, the reports said.
Channa's body was found by a council worker on Thursday night, six hours after he disappeared from a rented property shared by his parents with friends and family here. A total of 12 people lived in the house.
Indian toddler's death: Parents see body for first time
MELBOURNE: Grieving parents of a three-year-old Indian boy, who died in mysterious circumstances here, for the first time viewed the body of the toddler at a city morgue today, two days after it was found in a suburban area.
Harpreet Kaur Channa and her husband Harjit Singh Channa were taken to the Coroner's Court at 11 am local time to see the body of their child Gurshan, Federation of Indian Association of Victoria (FIAV) President, Vasan Srinivas, said.
The couple, who were interrogated yesterday by Victorian police for five hours in connection with the death of the child, were accompanied by Indian consulate officials to the morgue.
They spent an hour with the body of their child, local media reports said.
The couple were taken to the Coroner's Court from a relative's home in the Melbourne suburb of Thomastown.
Vasan said that FIAV, along with Indian authorities here, has offered to financially support the family to arrange for the cremation.
"FIAV has extended all financial help to the family to arrange for cremation and also any other possible help needed this time, including refund of the fee of the cookery course which toddler's mother was pursuing here," he said.
Meanwhile, homicide detectives continued their probe into the death.
China praises Pak, mum on Arunachal prior to Krishna visit
BEIJING: Chinese foreign minister Yang Jiechi on Sunday gave a health certificate to the Pakistan government and its ability to tackle rising militancy in that country. But he kept silent about India-China relations including the issue of World Bank financing of projects in Arunachal Pradesh.
"Government of Pakistan has effective control over the situation," Yang said in reply to a question about the rising militancy in Pakistan and its possible effect across the border in the restive Xingjian region of western China.
Yang was addressing his annual press conference, which China uses as a diplomatic tool to convey a range of messages to countries across the world. The decision to avoid speaking about India less than a month before Indian foreign minister S M Krishna's schedule visit to Beijing in April seems to be a deliberate one.
During the visit, Krishna is expected to raise the issue of arms sales by China to Pakistan and possible moves by Chinese construction companies to build infrastructure in the disputed areas of Pakistan Occupied Kashmir.
Yang on Sunday also talked of expanding "practical cooperation" with Pakistan, which may involve additional sales of arms and military aircraft that Islamabad is seeking.
He said some people cherished the wrong impression that China was playing tough in the external front. "It is unfair to label actions safeguarding one's own core interests and dignity as tough and take it for granted infringing interests of a foreign country," the foreign minister said.
His remarks come a fortnight after Pakistani foreign minister Shah Mahmood Qureshi giving a "blank cheque" to China to intervene in India-Pakistan peace talks.
Many observers feel Beijing backs Pakistan due to fears of a spillover of Taliban militancy to its Xingjian region. Yang was apparently trying to disprove this belief when he expressed faith in the Pakistani government's ability to tackle militancy today.
Yang avoided replying to a question on whether China will send peace keeping troops to Afghanistan if the US withdrew its forces from their country in 2010 end.
Give regard to rape victim's wish to marry rapist: CJI
NEW DELHI: In a radical suggestion, India's Chief Justice K G Balakrishnan on Sunday said that judges, lawyers and social activists should give "due regard" to the wishes of a rape victim if she chooses to marry the rapist or have the baby conceived from the crime.
"Judges, lawyers and social activists should also ensure that they do not take an overtly paternalistic approach when they have to make decisions for the welfare of rape victims," he said at a seminar.
"Due regard must be given to their personal autonomy since in some cases the victim may choose to marry the perpetrator or choose to give birth to a child conceived through forced intercourse," he said.
He was speaking at the seminar on "Access to Justice, Relief and Rehabilitation of Rape Victims" organised by the ministry of women and child development.
Others who addressed it included Law Minister M. Veerappa Moily and Minister of State for Women and Child Development Krishna Tirath.
"We must also keep in mind that the interests of the victim are not protected by punishing the offenders alone," said Balakrishnan, referring to a law ministry move to enact a law to set up fast-track courts to try sex-related offences.
"Adequate attention should also be drawn to suggestions for compensatory remedies and the rehabilitation of rape victims through the provision of shelter, counselling services, medical and legal aid."
He also referred to the "secondary victimisation", which a rape victim often has to suffer during the trial of the accused due to inconvenient, probing and often indecent questions by the defence counsel.
"There is a very real phenomenon described as ‘secondary victimisation' wherein the victim of a crime faces additional harassment and humiliation in the course of investigation and trial. Especially when the perpetrators are in a position of power over the victims, there is a strong distrust of the credibility of the investigation itself," pointed out Balakrishnan.
"Some recent cases highlighted in the press have shown how the investigative machinery can often be manipulated to protect influential persons, howsoever reprehensible their crimes may be," he said without naming the Ruchika Girhotra molestation and suicide case involving former Haryana police chief S P S Rathore.
"The investigators, prosecutors and defence counsels must exhibit an appropriate degree of sensitivity to the victims," he said.
"Especially during the trial proceedings, judges need to be proactive in order to restrain the aggressive cross-examination of rape victims."
The CJI also highlighted recent changes in law, which provides that the past sexual history of victims must be ignored.
"The Indian Evidence Act was amended some years ago and a provision was inserted to ensure that the past sexual history of a victim cannot be given weightage in a trial for the offence of rape," pointed out the CJI.
"What is needed now is for judges and lawyers to internalise the principle that facts relating to the past sexual history of a victim should not even be brought up in the first place, since the purpose of a trial is to decide whether or not an offence took place as alleged," said Balakrishnan.
Ruchika case: Rathore willing to undergo narco test
Chandigarh: Former Haryana DGP SPS Rathore, convicted in the Ruchika molestation case, has offered to undergo narco analysis test to clear what he claimed were "lies" being spread against him by the family of the girl and that of her friend Aradhana.
"It's my moral duty to offer myself to the narco test, provided that Ruchika's father S C Girhotra and brother Ashu, Anand Prakash, a family friend of the Girhotras, his wife Madhu and sole witness in the case Aradhana, also undergo the test," he has said in a recent communication to the state government.
"Ruchika and the Prakash families have been spreading lies through the media all over the country and they have succeeded in getting three new false FIRs registered against me," he has said.
The CBI has registered three fresh cases, including abetment to suicide, against the disgraced police officer in the case.
Business News
Inflation series with new base yr from May 14
New Delhi:Items like type writers and VCRs would soon be moving out making way for mobile phones and LCD TVs to be included in the new wholesale price-based index for measuring inflation which would be rolled out from May 14.
The new index, with 2004-05 as the base year, will have 250 new items and is expected to provide a more realistic picture of price rise and its impact on people.
"As per the calendar, April data would be release on May 14 with the new base year," a senior official said.
The new series would have about 680-685 items that include mobile phones, LCD TV among others, the official said adding close to 25 items would be knocked off from the new inflation series.
"Existing series has some obsolete items like type- writers. They will not figure in the new series," the official said.
With the addition of new items, data reporting would be more representative and give a better picture of the price situation, the official added.
The Wholesale Price Inflation (WPI) is at present calculated with 1993-94 as the base year.
Asked if there would be any variations in the inflation when it will switch to the new base year, the official said, "it would be insignificant and the variation would be less than 1 per cent."
India ranks 1st in exporting generic medicines
Bhubaneswar: India ranks first in the world in exporting generic medicines, Union Minster of State for Chemicals and Fertilisers Srikanta Jena has said.
These medicines are worth Rs 50,000 crore per annum, Jena said after inaugurating three generic medicine stores here and at Khurdah.
The stores are at the Capital Hospital and Red Cross headquarters here and district headquarters hospital at Khurdha.
The quality of the medicines was being maintained with the help of the Indian Drugs and Pharmaceuticals Limited, Jena said.
Jena said Orissa was the fifth state in the country and first in eastern India to have launched 'Jan Ausadhi Abhiyan', the national campaign to ensure universal reach of generic medicines.
Stating that generic medicine stores would be opened in all 626 district headquarters hospitals in the country soon, the Union minister said the same would be extended to all sub-divisional and block hospitals in phased manner.
States like Punjab and Rajasthan had made rapid strides in the campaign and opened thirty stores as of now, he said.
All the medicine stores would be provided financial assistance of Rs 2.5 lakh as one-time assistance for procuring the medicines and managing stock. Medicines would be supplied in adequate quantity, he said.
L&T MF for new schemes next fiscal
New Delhi: L&T group firm L&T Mutual Fund said it plans to introduce a couple of schemes, which will be a mix of debt and equity, in the first half of the next fiscal and will also focus on retail customers to increase its clientele.
L&T MF has average assets of Rs 2,538 crore at the end of February and offers 18 schemes spread over equity, fixed income and liquid funds.
"We are planning to launch a L&T Balanced Fund, which will invest in equity and debt instruments under a single portfolio in the early part of the next fiscal," L&T MF Chief Executive Sanjay Sinha said.
The company plans to focus on the retail customers to increase its customer base. It currently has about 1.10 lakh retail and 600 institutional customers in its clientele.
"We are looking at making our existing debt products attractive to our customers. Besides, we might come out with new products to increase the size of retail investment in our portfolios," Sinha said.
L&T's financial services subsidiary, L&T Finance, had recently acquired DBS Cholamandalam AMC, which has now been rechristened as L&T Investment Management while the fund-house has been renamed as L&T MF.
Asked whether the asset management company would look at unlocking its value through a merger with another entity in the future, Sinha said, "We might consider the option in the long term. This year would be too early."
Sports News
New Delhi: Drag-flicker Jong Hyun Jang struck thrice as nimble-footed South Korea drubbed lowly Canada 9-2 in a high scoring match to keep their semifinal hopes alive in the hockey World Cup here on Sunday.
Jang scored in the 35+3, 45th and 61st minutes while Hyun Woo Nam (23rd and 67th) and Hyo Sik You (41st and 63rd) struck twice each in the one-sided Pool A match.
Lee Nam Yong (38th) and Sung Hoon Yoon (40th) found the target once in the match, which saw second highest number of goals being scored in this World Cup, after Australia's 12-0 mauling of South Africa.
For Canada, who are already out of contention for a semifinal spot after losing all their earlier three matches, Philip Wright scored twice in the 42nd and 51st minutes at the Major Dhyan Chand National Stadium.
The match lacked spark in the first session which the Koreans dominated by taking a 2-0 lead. But the second half saw an open and attacking hockey from both the sides and that resulted to as many as eight goals being scored.
The chances of the Koreans, who have seven points after four matches -- with two wins, one draw and a loss – to qualify for the semifinal now depend on their March 9 match against title contenders the Netherlands.
Neither side did create any goal-scoring chance in the first 15 minutes though South Korea had more ball possession and attack.
Somdev loses tamely to Youzhny, India out of World Group
Moscow: Somdev Devvarman learnt a good tennis lesson from Mikhail Youzhny and was outclassed 2-6 1-6 3-6 in the first reverse singles, resulting in India's ouster from the elite World Group of the Davis Cup tournament here on Sunday. India was playing in the World Group for the first time since their 1998 appearance.
With this win, Russia have taken a decisive 3-1 lead and secured a quarter-finals place while India would yet again compete in the play-offs to re-enter the 16-team World Group. Russia have levelled the head-to-head scores 2-2 between the two nations.
Somdev's defeat has rendered Rohan Bopanna's second reverse singles of the first round tie against Igor Kunitsyn inconsequential. It was first meeting between Somdev and Youzhny and the class difference between the two players was glaring. The Russian conceded just six games in the lop-sided match that lasted one hour and 55 minutes.
Somdev put up a good fight in the third set but Youzhny was too good for him. Youzhny showed why he is top-15 player as he never let Somdev play his style of game from the baseline. He in fact took advantage of it. Somdev had no answer to Youzhny's solid ground-strokes and smart drop volleys. The Russian attacked Somdev's weak second serve and set up and took points at will, executing a perfect gameplan.
In no time Somdev was down by two breaks - third and fifth games - and the Russian comfortably placed with a 5-2 lead. Youzhny served out the first set with a drop volley in just 31 minutes. The very Somdev, who had never bothered about the rankings of his opponents, looked helpless against Youzhny who toyed with the Indian.
Such was the control and domination of the Russian over his opponent that hardly an unforced error came off Youzhny's racquet. Whenever Somdev tried to engage Youzhny in a long rally, the Russian would come with a big stroke or a smart volley, leaving the Indian reach for the ball. Somdev's misery grew all the more in second set as he could not get on the board till the fifth game. And that was the only game he could win on his serve in that set.
Somdev tried to do something different in the third set as he changed his tactics and approached the net more often but Youzhny had all the answers and was not troubled at all. It did look like a contest in the third set and the fourth game saw the most fierce fight for points.
Somdev saved quite a few breakpoints but it was the Russian who ran away with the game to create a 3-1 lead. The Indian though hung in and after one hour and 34 minutes for the first time Youzhny was down a breakpoint. The Russian held after saving two breakpoints but had to sweat it out this time. Somdev fought with his never-say-die spirit but that merely delayed Youzhny's win.
New Delhi:Expressing ‘surprise’ over Pakistan's claim that the issue of arrest of Hafiz Saeed, one of the 26/11 masterminds, was not taken up during Foreign Secretary- level talks, India said on Sunday that it has been demanding action against him since the barbaric and dastardly attacks in Mumbai and the matter was raised ‘strongly’ during the parleys.
"Saeed's activities including his recent vitriolic and venomous statements aimed at fomenting further acts of terrorism against India and the unhindered public space and freedom he enjoys in Pakistan was raised strongly by India during the Foreign Secretary-level talks," External Affairs Ministry spokesman said in a statement here.
Talking to reporters in Multan, Pakistan Foreign Minister Shah Mahmood Qureshi had claimed that India never demanded the arrest of the Jamaat-ud-Dawah chief Saeed nor discussed the issue at the talks between Foreign Secretary Nirupama Rao and her Pakistani counterpart Salman Bashir here on February 25.
In response to queries regarding the reported statement of Qureshi, the spokesman, while expressing surprise, said that India has been demanding action against Saeed, one of the masterminds of the Mumbai terrorist strikes, since the barbaric and dastardly attacks took place.
"A dossier containing a compilation of evidence on the involvement of Saeed in the terrorist attacks was handed over to Pakistan on August 21, 2009 and his name featured prominently in yet another dossier handed over to the Pakistan Foreign Secretary during the talks on February 25, 2010," the statement said.
Indian man charged with Indian toddler's death in Australia
MELBOURNE: A 23-year-old Indian man was today charged over the death of an Indian toddler, whose body was found three days ago in a Melbourne suburb.
Dhillon Gursewak has been charged with manslaughter due to criminal negligence and is appearing in an out-of-sessions hearing at St Kilda Road Police complex, local media reports said.
He is not expected to apply for bail. The man, who has been charged with murdering the three-year-old Gurshan Singh Channa from Punjab who was in Australia on a vacation with his parents, is not a relative, but did live in the same house in David Street, Lalor as Gurshan, the reports said.
Channa's body was found by a council worker on Thursday night, six hours after he disappeared from a rented property shared by his parents with friends and family here. A total of 12 people lived in the house.
Indian toddler's death: Parents see body for first time
MELBOURNE: Grieving parents of a three-year-old Indian boy, who died in mysterious circumstances here, for the first time viewed the body of the toddler at a city morgue today, two days after it was found in a suburban area.
Harpreet Kaur Channa and her husband Harjit Singh Channa were taken to the Coroner's Court at 11 am local time to see the body of their child Gurshan, Federation of Indian Association of Victoria (FIAV) President, Vasan Srinivas, said.
The couple, who were interrogated yesterday by Victorian police for five hours in connection with the death of the child, were accompanied by Indian consulate officials to the morgue.
They spent an hour with the body of their child, local media reports said.
The couple were taken to the Coroner's Court from a relative's home in the Melbourne suburb of Thomastown.
Vasan said that FIAV, along with Indian authorities here, has offered to financially support the family to arrange for the cremation.
"FIAV has extended all financial help to the family to arrange for cremation and also any other possible help needed this time, including refund of the fee of the cookery course which toddler's mother was pursuing here," he said.
Meanwhile, homicide detectives continued their probe into the death.
China praises Pak, mum on Arunachal prior to Krishna visit
BEIJING: Chinese foreign minister Yang Jiechi on Sunday gave a health certificate to the Pakistan government and its ability to tackle rising militancy in that country. But he kept silent about India-China relations including the issue of World Bank financing of projects in Arunachal Pradesh.
"Government of Pakistan has effective control over the situation," Yang said in reply to a question about the rising militancy in Pakistan and its possible effect across the border in the restive Xingjian region of western China.
Yang was addressing his annual press conference, which China uses as a diplomatic tool to convey a range of messages to countries across the world. The decision to avoid speaking about India less than a month before Indian foreign minister S M Krishna's schedule visit to Beijing in April seems to be a deliberate one.
During the visit, Krishna is expected to raise the issue of arms sales by China to Pakistan and possible moves by Chinese construction companies to build infrastructure in the disputed areas of Pakistan Occupied Kashmir.
Yang on Sunday also talked of expanding "practical cooperation" with Pakistan, which may involve additional sales of arms and military aircraft that Islamabad is seeking.
He said some people cherished the wrong impression that China was playing tough in the external front. "It is unfair to label actions safeguarding one's own core interests and dignity as tough and take it for granted infringing interests of a foreign country," the foreign minister said.
His remarks come a fortnight after Pakistani foreign minister Shah Mahmood Qureshi giving a "blank cheque" to China to intervene in India-Pakistan peace talks.
Many observers feel Beijing backs Pakistan due to fears of a spillover of Taliban militancy to its Xingjian region. Yang was apparently trying to disprove this belief when he expressed faith in the Pakistani government's ability to tackle militancy today.
Yang avoided replying to a question on whether China will send peace keeping troops to Afghanistan if the US withdrew its forces from their country in 2010 end.
Give regard to rape victim's wish to marry rapist: CJI
NEW DELHI: In a radical suggestion, India's Chief Justice K G Balakrishnan on Sunday said that judges, lawyers and social activists should give "due regard" to the wishes of a rape victim if she chooses to marry the rapist or have the baby conceived from the crime.
"Judges, lawyers and social activists should also ensure that they do not take an overtly paternalistic approach when they have to make decisions for the welfare of rape victims," he said at a seminar.
"Due regard must be given to their personal autonomy since in some cases the victim may choose to marry the perpetrator or choose to give birth to a child conceived through forced intercourse," he said.
He was speaking at the seminar on "Access to Justice, Relief and Rehabilitation of Rape Victims" organised by the ministry of women and child development.
Others who addressed it included Law Minister M. Veerappa Moily and Minister of State for Women and Child Development Krishna Tirath.
"We must also keep in mind that the interests of the victim are not protected by punishing the offenders alone," said Balakrishnan, referring to a law ministry move to enact a law to set up fast-track courts to try sex-related offences.
"Adequate attention should also be drawn to suggestions for compensatory remedies and the rehabilitation of rape victims through the provision of shelter, counselling services, medical and legal aid."
He also referred to the "secondary victimisation", which a rape victim often has to suffer during the trial of the accused due to inconvenient, probing and often indecent questions by the defence counsel.
"There is a very real phenomenon described as ‘secondary victimisation' wherein the victim of a crime faces additional harassment and humiliation in the course of investigation and trial. Especially when the perpetrators are in a position of power over the victims, there is a strong distrust of the credibility of the investigation itself," pointed out Balakrishnan.
"Some recent cases highlighted in the press have shown how the investigative machinery can often be manipulated to protect influential persons, howsoever reprehensible their crimes may be," he said without naming the Ruchika Girhotra molestation and suicide case involving former Haryana police chief S P S Rathore.
"The investigators, prosecutors and defence counsels must exhibit an appropriate degree of sensitivity to the victims," he said.
"Especially during the trial proceedings, judges need to be proactive in order to restrain the aggressive cross-examination of rape victims."
The CJI also highlighted recent changes in law, which provides that the past sexual history of victims must be ignored.
"The Indian Evidence Act was amended some years ago and a provision was inserted to ensure that the past sexual history of a victim cannot be given weightage in a trial for the offence of rape," pointed out the CJI.
"What is needed now is for judges and lawyers to internalise the principle that facts relating to the past sexual history of a victim should not even be brought up in the first place, since the purpose of a trial is to decide whether or not an offence took place as alleged," said Balakrishnan.
Ruchika case: Rathore willing to undergo narco test
Chandigarh: Former Haryana DGP SPS Rathore, convicted in the Ruchika molestation case, has offered to undergo narco analysis test to clear what he claimed were "lies" being spread against him by the family of the girl and that of her friend Aradhana.
"It's my moral duty to offer myself to the narco test, provided that Ruchika's father S C Girhotra and brother Ashu, Anand Prakash, a family friend of the Girhotras, his wife Madhu and sole witness in the case Aradhana, also undergo the test," he has said in a recent communication to the state government.
"Ruchika and the Prakash families have been spreading lies through the media all over the country and they have succeeded in getting three new false FIRs registered against me," he has said.
The CBI has registered three fresh cases, including abetment to suicide, against the disgraced police officer in the case.
Business News
Inflation series with new base yr from May 14
New Delhi:Items like type writers and VCRs would soon be moving out making way for mobile phones and LCD TVs to be included in the new wholesale price-based index for measuring inflation which would be rolled out from May 14.
The new index, with 2004-05 as the base year, will have 250 new items and is expected to provide a more realistic picture of price rise and its impact on people.
"As per the calendar, April data would be release on May 14 with the new base year," a senior official said.
The new series would have about 680-685 items that include mobile phones, LCD TV among others, the official said adding close to 25 items would be knocked off from the new inflation series.
"Existing series has some obsolete items like type- writers. They will not figure in the new series," the official said.
With the addition of new items, data reporting would be more representative and give a better picture of the price situation, the official added.
The Wholesale Price Inflation (WPI) is at present calculated with 1993-94 as the base year.
Asked if there would be any variations in the inflation when it will switch to the new base year, the official said, "it would be insignificant and the variation would be less than 1 per cent."
India ranks 1st in exporting generic medicines
Bhubaneswar: India ranks first in the world in exporting generic medicines, Union Minster of State for Chemicals and Fertilisers Srikanta Jena has said.
These medicines are worth Rs 50,000 crore per annum, Jena said after inaugurating three generic medicine stores here and at Khurdah.
The stores are at the Capital Hospital and Red Cross headquarters here and district headquarters hospital at Khurdha.
The quality of the medicines was being maintained with the help of the Indian Drugs and Pharmaceuticals Limited, Jena said.
Jena said Orissa was the fifth state in the country and first in eastern India to have launched 'Jan Ausadhi Abhiyan', the national campaign to ensure universal reach of generic medicines.
Stating that generic medicine stores would be opened in all 626 district headquarters hospitals in the country soon, the Union minister said the same would be extended to all sub-divisional and block hospitals in phased manner.
States like Punjab and Rajasthan had made rapid strides in the campaign and opened thirty stores as of now, he said.
All the medicine stores would be provided financial assistance of Rs 2.5 lakh as one-time assistance for procuring the medicines and managing stock. Medicines would be supplied in adequate quantity, he said.
L&T MF for new schemes next fiscal
New Delhi: L&T group firm L&T Mutual Fund said it plans to introduce a couple of schemes, which will be a mix of debt and equity, in the first half of the next fiscal and will also focus on retail customers to increase its clientele.
L&T MF has average assets of Rs 2,538 crore at the end of February and offers 18 schemes spread over equity, fixed income and liquid funds.
"We are planning to launch a L&T Balanced Fund, which will invest in equity and debt instruments under a single portfolio in the early part of the next fiscal," L&T MF Chief Executive Sanjay Sinha said.
The company plans to focus on the retail customers to increase its customer base. It currently has about 1.10 lakh retail and 600 institutional customers in its clientele.
"We are looking at making our existing debt products attractive to our customers. Besides, we might come out with new products to increase the size of retail investment in our portfolios," Sinha said.
L&T's financial services subsidiary, L&T Finance, had recently acquired DBS Cholamandalam AMC, which has now been rechristened as L&T Investment Management while the fund-house has been renamed as L&T MF.
Asked whether the asset management company would look at unlocking its value through a merger with another entity in the future, Sinha said, "We might consider the option in the long term. This year would be too early."
Sports News
New Delhi: Drag-flicker Jong Hyun Jang struck thrice as nimble-footed South Korea drubbed lowly Canada 9-2 in a high scoring match to keep their semifinal hopes alive in the hockey World Cup here on Sunday.
Jang scored in the 35+3, 45th and 61st minutes while Hyun Woo Nam (23rd and 67th) and Hyo Sik You (41st and 63rd) struck twice each in the one-sided Pool A match.
Lee Nam Yong (38th) and Sung Hoon Yoon (40th) found the target once in the match, which saw second highest number of goals being scored in this World Cup, after Australia's 12-0 mauling of South Africa.
For Canada, who are already out of contention for a semifinal spot after losing all their earlier three matches, Philip Wright scored twice in the 42nd and 51st minutes at the Major Dhyan Chand National Stadium.
The match lacked spark in the first session which the Koreans dominated by taking a 2-0 lead. But the second half saw an open and attacking hockey from both the sides and that resulted to as many as eight goals being scored.
The chances of the Koreans, who have seven points after four matches -- with two wins, one draw and a loss – to qualify for the semifinal now depend on their March 9 match against title contenders the Netherlands.
Neither side did create any goal-scoring chance in the first 15 minutes though South Korea had more ball possession and attack.
Somdev loses tamely to Youzhny, India out of World Group
Moscow: Somdev Devvarman learnt a good tennis lesson from Mikhail Youzhny and was outclassed 2-6 1-6 3-6 in the first reverse singles, resulting in India's ouster from the elite World Group of the Davis Cup tournament here on Sunday. India was playing in the World Group for the first time since their 1998 appearance.
With this win, Russia have taken a decisive 3-1 lead and secured a quarter-finals place while India would yet again compete in the play-offs to re-enter the 16-team World Group. Russia have levelled the head-to-head scores 2-2 between the two nations.
Somdev's defeat has rendered Rohan Bopanna's second reverse singles of the first round tie against Igor Kunitsyn inconsequential. It was first meeting between Somdev and Youzhny and the class difference between the two players was glaring. The Russian conceded just six games in the lop-sided match that lasted one hour and 55 minutes.
Somdev put up a good fight in the third set but Youzhny was too good for him. Youzhny showed why he is top-15 player as he never let Somdev play his style of game from the baseline. He in fact took advantage of it. Somdev had no answer to Youzhny's solid ground-strokes and smart drop volleys. The Russian attacked Somdev's weak second serve and set up and took points at will, executing a perfect gameplan.
In no time Somdev was down by two breaks - third and fifth games - and the Russian comfortably placed with a 5-2 lead. Youzhny served out the first set with a drop volley in just 31 minutes. The very Somdev, who had never bothered about the rankings of his opponents, looked helpless against Youzhny who toyed with the Indian.
Such was the control and domination of the Russian over his opponent that hardly an unforced error came off Youzhny's racquet. Whenever Somdev tried to engage Youzhny in a long rally, the Russian would come with a big stroke or a smart volley, leaving the Indian reach for the ball. Somdev's misery grew all the more in second set as he could not get on the board till the fifth game. And that was the only game he could win on his serve in that set.
Somdev tried to do something different in the third set as he changed his tactics and approached the net more often but Youzhny had all the answers and was not troubled at all. It did look like a contest in the third set and the fourth game saw the most fierce fight for points.
Somdev saved quite a few breakpoints but it was the Russian who ran away with the game to create a 3-1 lead. The Indian though hung in and after one hour and 34 minutes for the first time Youzhny was down a breakpoint. The Russian held after saving two breakpoints but had to sweat it out this time. Somdev fought with his never-say-die spirit but that merely delayed Youzhny's win.
Wednesday, March 3, 2010
Breaking News of India
Indian Navy aircraft crashes into residential area
HYDERABAD: A trainer aircraft with the Indian Navy's aerobatics team, Sagar Pawan, crashed into a two-storied building during an air show here on Wednesday.
Two naval pilots, Maurya and his co-pilot Nair were killed, police commissioner A K Khan said. The pilots had come from Goa where they were based. He was last seen in the morning by hotel staffers in the coffee shop having breakfast. Even while sipping his tea, he was seen gesticulating his hands to show how a plane could go up or down. The naval team comprising nine members had checked into a Hyderabad hotel on February 27.
The aircraft, an HJT-16 Kiran Mk2 trainer built by Hindustan Aeronautics Ltd, crashed a couple of minutes before noon in the Bowenpally locality near the old Begumpet Airport in the heart of the city. The police and the fire brigade had difficulty reaching the congested crash site.
Four people in the building, a part of which was badly damaged, were injured, as the plane fell on the side of the complex. Two of the injured are believed to be in serious condition and have been shifted to hospital. The debris from the crash fell on a car, crushing it. The building has developed cracks and residents are being evacuated.
The planes were showing acrobatic maneuvers when the incident took place. One of the aircraft, part of the navy's aerobatics team that uses four trainers, was unable to pull up from a dive and went into a spiral as the planes were breaking away from the formation and going in different directions. The acrobatics by the planes had begun even as Praful Patel, minister for civil aviation, was talking on the rostrum.
Thousands of people were enjoying the spectacle when disaster struck, sending thick clouds of smoke into the air. According to witnesses, the plane crashed into the mobile phone towers on top of the building. They heard a loud boom, after which the plane went down.
There are conflicting eye witness accounts. An old lady - a vegetable vendor - who was laying chilies on the ground close to the spot said that suddenly a boy of a pilot fell besides her, even as the plane went forward and crashed into the building. Hundreds of eye witnesses saw the plane fall and go up in flame.
On the way it snapped at electricity wires. There was leakage from the fuselage and whole area was covered with aviation fuel, putting the entire area to the risk of fire. But later fire brigade official spread foam to prevent a fire. One of the pilots tried to open his parachute while ejecting. Probably the height was too little and therefore the parachute did not open. The unopened parachute was seen at the site by eye witnesses.
Said Ashok, who was in his house at the time: "I was inside the house when I heard a loud noise and I came out to see flames."
An hour after the crash, Praful Patel addressing a pre-scheduled press conference had no details about the crash. "I hope for the best,” he said. "I can’t give you any information. I have none,” he added.
Present at the airshow were the whos who of Indian aviation industry including minister Praful Patel, Jet Airways boss Naresh Goyal, Kingfishers Vijay Mallaya, Air India MD Arvind Jadhav, civil aviation secretary Madvana Nambiar, GMR boss G M Rao, GVK boss G V Krishna Reddy and dozens of representatives of Boeing, Raytheon and other companies. Commander Maurya who was commanding the flight belonged to the naval establishment INS Hansa in Goa.
Hyderabad’s Begumpet airport is used for VIP and private flights. The area where the crash occurred falls under the jurisdiction of the Secunderabad Cantonment Board. The crash, however, took place in a civil area under the board.
Eyewitness US envoy says Hyderabad crash 'heartbreaking'
NEW DELHI: Describing the crash of an Indian Navy aircraft in Hyderabad as tragic, US ambassador Timothy J. Roemer, who was present at the air show, said "these heartbreaking losses have even more piercing impact when you are part of the event".
Roemer is leading an American delegation to India Aviation 2010 in Hyderabad.
"What began as such a promising day has sadly ended so tragically," he said in a statement. "As the full extent of this tragedy is still becoming known, all of our thoughts and prayers are with those who lost their lives or were injured, and with their families," the US envoy said.
"These heartbreaking losses have even more piercing impact when you are part of the event," he added.
An Indian Navy trainer aircraft crashed into a two-storied building in a densely populated locality during an air show here Wednesday, killing the pilot and his co-pilot and injuring four civilians on the ground.
Pravin Mahajan dies of brain haemmorage
MUMBAI: Pravin Mahajan, who was sentenced to life imprisonment for killing brother & BJP leader Pramod Mahajan, died in a Thane hospital on Wednesday evening, family sources said.
Pravin, 50, who was serving his life imprisonment, is survived by his wife and two children Kapil and Vaishali both of whom are college students.
Pravin Mahajan had been admitted to the Jupiter hospital in December 2009 following a brain haemorrhage and had been in coma since then.
He had been put on life support system and was struggling for life but failed to recover at the Hospital where he was admitted, a close aide of the family said. However, hospital authorities did not issue any official word on the developments and most family members also declined to comment.
In a dramatic murder that shocked the country, Pravin Mahajan had killed his elder brother Pramod Mahajan on April 22, 2006 in his Mumbai home. The high-profile BJP leader succumbed to his wounds 12 days later on May 3.
Pravin Mahajan was sentenced to life by a sessions court for fratricide on Dec 18, 2007. He was released on 14-day parole on November 27, 2009 after three-and-a-half years in prison and was supposed to return to prison when he suffered the stroke and was hospitalized.
Following is the chronology of the Pramod Mahajan murder trial
April 22, 2006: Pravin Mahajan shoots Pramod Mahajan at his Worli residence.
April 22, 2006: Pravin surrenders before the Worli Police.
April 23, 2006: Pravin sent to police custody by Bhoiwada court.
April 27, 2006: Cops record statement of Mahajan's family.
May 03, 2006: Pramod Mahajan succumbs to his injuries and dies at a city hospital.
July 14, 2006: 650-page chargesheet filed before Bhoiwada court for charges under IPC Section 302 (murder) and Section 449 (house trespass).
July 24, 2006: Pravin files for bail application before Sewri sessions court.
July 30, 2006: Pramod Mahajan's murder case committed to the sessions court.
August 01, 2006: Sessions judge Abhay Thipsay rejects Pravin's bail plea.
Sept 01, 2006: Harshad Ponda appointed as defence lawyer by Pravin.
Sept 08, 2006: Special prosecutor Srikant Bhatt withdraws from the case.
Sept 25, 2006: Special prosecutors Ujjwal Nikam and Niteen Pradhan appointed by the state.
Jan 23, 2007: Pravin pleads not guilty.
March 21, 2007: Trial commences at the sessions court.
March 23, 2007: Rekha tells the court that she saw Pravin firing bullets at her husband.
April 10, 2007: Rekha tells the court that Pravin had threatened Pramod and demanded Rs one crore.
April 11, 2007: Brother-in-law Gopinath Munde tells court that Pravin had sent threatening SMS to Pramod.
April 18, 2007: Supplementary chargesheet filed in Mahajan trial.
May 11, 2007: Key eyewitness and Pramod's domestic help, Mahesh Wankhede, deposes before the court.
Oct 15, 2007: Pramod's daughter Poonam Mahajan identifies Pravin before the court and breaks down after cross-examination.
Oct 29, 2007: Pravin shocks the court by stating that he had not killed his elder brother.
Oct 30, 2007: Pravin makes allegations about Pramod's character in the court.
Nov 1, 2007: Defence witness B Harikrishnan tells the court that SMS can be manipulated.
Nov 16, 2007: Harikrishnan manipulates an SMS in a demonstration before the court.
Nov 22, 2007: Sarangi admits to having sent an SMS to Pramod, says SMS was tampered.
Nov 30, 2007: Advocates start final arguments.
Dec 03, 2007: Prosecution says money is the motive for murder.
Dec 06, 2007: Judge S P Davare begins dictating the judgement as both defence and prosecution conclude arguments.
Dec 17, 2007: Court holds Pravin guilty in the case.
Nov 27, 2009: Released on 14-day parole
Dec 11, 2009: Pravin Mahajan lapsed into coma following a suspected brain hemorrhage.
March 3, 2010: Pravin Mahajan dies
Govt may consider Naxal truce offer, if ceasefire for 72 hrs
NEW DELHI: A day after home minister P Chidamabaram termed Maoist leader Kishenji's truce offer as "bizarre", the government extended an olive branch to the Left Wing extremists asking them to ensure ceasefire for 72 hours to facilitate talks.
Top government officials have said Kishenji's offer for talks may be considered if he could ensure complete ceasefire for 72 hours.
Home minister P Chidamabaram had termed the truce offer by the Maoist leader as "bizarre" while underlining double standards adopted by the Left Wing extremists.
In six days after Kishenji came with the offer for talks, Maoists have carried out 18 serious attacks on security forces and civilians killing 11 including an incident of neck- slitting of a police official in West Bengal.
Chidamabaram said he had offered to facilitate talks with the CPI-Maoist provided they abjured violence.
"There was no meaningful response to that offer. Nevertheless, on February 23 I responded that if the CPI-Maoist made a short, simple and unconditional statement that they would abjure violence, government would be prepared to hold talks with them. I have received no response to my statement," he had said.
PM-Advani verbal duel in Lok Sabha
New Delhi: The Lok Sabha on Wednesday witnessed an interesting passage of arms when Prime Minister Manmohan Singh intervened repeatedly and rejected BJP leader L K Advani’s charge that US pressure was behind India's decision to talk to Pakistan.
In a sharp verbal duel during the debate on the Motion of Thanks to the President's Address, Singh asserted that there is no change in the US policy on Indo-Pak relations after President Barack Obama came to power. He intervened on more than two occasions during the 75-minute speech by Advani, seeking to set the record straight on the Indo-Pak talks besides other issues like 'one-rank-one-pension' for armed forces.
“You are using this debate to sow seeds. What you are attributing to President Obama is certainly not true. In my discussions with President Obama, he has unambiguously said that there is no change in the US policy towards India and Pakistan (relations)”, the Prime Minister asserted.
He was replying to Advani who suggested that the US was behind the recent Indo-Pak Foreign Secretary-level as Obama had publicly said during his Presidential campaign that he would try to resolve Kashmir issue.
This, the BJP leader, contended marked a change in the US position as the previous US Administrations had maintained that they would not mediate in Indo-Pak relations unless both the countries want it.
Business News
Sensex closes above 17k, at 6-week high
Mumbai: Equities rose for a third straight session on Wednesday to its highest close in six weeks helped by a rally in Reliance Industries as LyondellBasell was said to have rejected the energy major's revised $14.5 billion offer.
Reliance Industries, which has the highest weight on the main index, climbed 3.9 per cent, its biggest per centage-point gain in 2010, to Rs 1,021.95.
"Reliance could have been dragged into a bidding war and eventually the valuation for LyondellBasell could have been stretched," said Prayesh Jain, a research analyst with India Infoline.
"The stock is just reacting on relief that it is not overpaying," added Jain.
LyondellBasell has rejected an offer from Reliance that values the bankrupt petrochemicals group at $14.5 billion, a person familiar with the matter said on Tuesday.
The 30-share BSE index closed 1.36 per cent or 227.45 points higher at 17,001.01.
Twenty-four of its components closed in the green. The benchmark has gained 4.6 per cent since Feb. 25, supported by last Friday's federal budget which pushed for higher consumption and fiscal consolidation.
"People were sitting on cash before the budget and that seems to be coming in the market now," said Vaibhav Sanghavi, director of Ambit Capital.
But, if global cues turned negative, the markets could correct after the recent momentum, he added.
Financials gained on good prospects in an expanding economy.
Top lender State Bank of India firmed 1.6 per cent, while private lenders ICICI Bank and HDFC Bank rose 1.2 per cent and 1.8 per cent respectively.
Engineering and construction firm Jaiprakash Associates jumped 6.1 per cent as its cement shipments in February jumped 61 per cent, while ACC fell 0.2 per cent as its cement shipments dropped 2.3 per cent.
Tata Consultancy Services rose 0.5 per cent after the leading outsourcer said late on Tuesday it had won a bid to administer Britain's new national pension scheme.
Tata Motors raced 1.3 per cent after the top vehicle maker said it would bring an electric version of the Nano, the world's cheapest car, to Europe within three years, starting with Britain and Scandinavia.
In the broader market, gainers were more than double the number of losers with 361 million shares changing hands on the Bombay Stock Exchange, higher than its last week's daily average of 291 million.
The 50-share NSE index climbed 1.4 per cent to 5,088.10.
Nissan to recall 5,40,000 vehicles globally
Japanese automaker Nissan Motor Co. is recalling about 540,000 pickup trucks, sport utility vehicles and minivans to fix problems with brake pedals and fuel gauges.
Most of the recalled vehicles are in the US, with smaller numbers scattered across the globe.
The brake pedal recall affects 179,000 vehicles in the US and about 26,000 in the Middle East, Canada, Russia and several other countries.
A pin in the pedal assemblies on certain 2008 to 2010 Nissan Titan pickups, Infiniti QX56 and Nissan Armada Sports Utility Vehicles, and some 2008 and 2009 Nissan Quest minivans can come loose and cause reduced braking force, Nissan said Tuesday in a statement.
No injuries or crashes have been reported, the company said. Customers with loose brake pedals should contact their dealer.
Nissan blamed the problem on a manufacturing defect by a parts supplier. Dealers will inspect the vehicles for loose pins and repair them if necessary.
The company said in a statement that all vehicles now on sale do not have the problem.
Nissan also is recalling 419,000 vehicles in the US and 53,000 elsewhere because gas gauges can show fuel left in the tank when it's actually empty.
The recall affects 2005 through 2008 Nissan Titan, Armada and Infiniti QX56s as well as Nissan Frontier pickups and Pathfinder and Xterra SUVs produced between January and March 2006 and between October 2007 and January 2008.
Due to a problem with a sensor inside the fuel tank, the gauges can show gas tanks a quarter full when they are in fact empty.
Nissan suggests keeping a half-tank of gas in the vehicles until the gauges can be repaired, eliminating the risk of running low on fuel.
Owners of vehicles in both recalls will be notified when to bring their cars and trucks in for repairs. In materials distributed to dealers, Nissan said the brake pedal recall begins on March 22, while the fuel-gauge recall will take place in two groups, one beginning March 22 and the other starting in April.
About 130,000 vehicles are covered by both recalls.
LyondellBasell rejects Reliance offer
LyondellBasell has rejected an offer from Reliance Industries' that values the bankrupt petrochemicals group at $14.5 billion, a person familiar with the matter said on Tuesday.
This is the third advance that Lyondell's board has rejected from Reliance over the past year in a decision that could leave the Indian energy group having to look elsewhere for takeover targets.
In rejecting the offer, Lyondell did not give any details about whether further negotiations would be fruitful, this person said, declining to be named because the negotiations are not public.
Reliance, controlled by India's richest man, Mukesh Ambani, has said his company plans an aggressive exploration campaign, investments in petrochemicals and overseas acquisitions.
It was not clear whether Reliance, which has raised a war chest for deals by selling $2 billion of stock in recent months, would continue its pursuit of the petrochemicals maker. A Reliance spokesman declined to comment.
Lyondell spokesman David Harpole also declined to comment but said a new disclosure statement about the company's current proposed reorganization plan will be filed with a United States court imminently.
A creditor group led by US private equity firm Apollo Management, which is controlling Lyondell's bankruptcy process in the United States, was expected to file a reorganization plan on Monday. That plan is intended to lead Lyondell out of bankruptcy.
Shares of Reliance, India's most valuable listed company with a market value of about $70 billion, closed 0.6 per cent higher on Tuesday, underperforming the 2.1 per cent gain in the benchmark index.
"Reliance, being the size it is, will be looking at other options overseas even if this bid fails, and sooner than later, something else will come up," said Rakesh Rawal, head of private wealth management at Anand Rathi Financial Services.
A deal would greatly enhance Reliance's presence in major markets in the United States and Europe and place it in the ranks of top global chemical makers such as Saudi Arabia's SABIC, Germany's BASF and Dow Chemical.
"In the short term I will be happy if the bid fails because the acquisition risk has been removed and Reliance's profits will remain unaffected," Rawal said.
"But from a longer-term perspective, I am sad because the company could have gained a lot of synergies from this acquisition over the next few years."
'OFFER RAISED TWICE'
Reliance, with interests in petrochemicals, refining, oil and gas exploration and retail, has been trying to buy Luxembourg-headquartered Lyondell since November, when it made a bid valuing the target at about $12 billion.
Reliance has since raised its offer twice, sources familiar with the situation have said, but the chances of success have been clouded by the prospect that senior creditors such as Apollo may take a loss at the price Reliance has proposed and gain more from an independent Lyondell.
LyondellBasell, which was forced into bankruptcy just over a year ago amid a cash crisis, said last month it had reached a settlement with creditors over a lawsuit stemming from its 2007 leveraged buyout, paving the way for the chemical maker to exit bankruptcy.
Sports News
After reality check, Spanish flair awaits India
New Delhi: Bruised and battered by Australia, India will have to regroup their forces when they take on Spain in a crucial Pool B encounter of the hockey World Cup in New Delhi on Thursday.
After drubbing Pakistan 4-1 in their tournament opener, the Indians were given a reality check by Australia.
The hosts were surprised by the pace and verve of the Kookaburras, who completely outplayed them in all departments of the game in their 5-2 win last night.
Jose Brasa's men were taught a good hockey lesson by Australia and showed that only control over the mid-field was not enough to win a game.
If pace and fitness was all about Australia, world number three Spain is known for its flair and one-touch hockey and the Indian defence cannot afford to relax at any moment and repeat the mistakes they committed against Australia.
A defeat tomorrow will severely dent India's semifinal chances.
Against the Australians, the Indian defence wore a sorry look from the onset, conceding two goals within the first 10 minutes. Sandeep Singh-led backline had no answers to the speed and angular passes of the Australians.
Such was the Aussie domination that even India coach Brasa admitted his players were not used to such fast nature of hockey.
"We did not play bad, we played at our level much better than what we had in Salta. But Australia played at a different level of fast-paced hockey. We were not used to that kind of fast hockey," Brasa said.
The Indian forwardline, which missed the banned Shivendra Singh, completely looked off-colour yesterday with Prabhjot Singh and Deepak Thakur doing very little to prove their presence in the game.
But with the two-match suspension ruling Shivendra out of the next match, the trio of Deepak, Prabhjot and captain Rajpal Singh will have to rise to the occasion and come out with more innovative ideas to beat the Spanish defence.
"Playing without Shivendra and with just 15 players is our main concern," Brasa said.
Sandeep had a bad day in office against Australia as he could not convert even a single penalty corner out of three that India earned, and the ace drag-flicker will have to pull up his socks against Spain as short corners are one of the strong points of the home team.
"We were not lucky with penalty corners against Australia. We didn't succeed and that was the reason we couldn't get closer," Brasa said.
The Indians will also have to do away with their perennial habit of holding on to the ball for longer, a mistake which proved costly against Australia.
But notwithstanding all the flaws, Brasa will draw heart from the fact that the Indian mid-field sparkled yet again. Arjun Halappa and Sardar Singh were as cool as cucumber even under tremendous pressure.
Germany blank Canada 6-0 in hockey World Cup
New Delhi: Defending champions Germany toyed with Canada before subjecting them to a 6-0 plastering in their second Pool A match of the hockey World Cup here on Wednesday.
Playing a fast-paced and one-touch hockey, the reigning Olympic champions and world number one side dictated terms for most part of the match which they led 4-0 at the breather.
Canada, ranked 10 places below Germany at the FIH chart, gave a stiff fight after the breather but still conceded two goals in the second session.
For Germany, who had drawn 2-2 with South Korea in their opening match, 18-year-old Florian Fuchs scored twice in the 58th and 64th minutes while Benjamin Wess (3rd), Jan-Marco Motag (21st), captain Maximillian Muller (23rd), Martin Haner (28th) found the target once each.
Gunning for a hat-trick of World Cup titles after their triumphs in 2002 and 2006, Germany forced as many as seven penalty corners -- from which they scored three – while Canada got just one in the entire match.
Play was confined mostly in the Canadian 25-yard for most part of the match and it was a completely lop-sided contest in the first session.
Just as the handful of the spectators at the Major Dhyan Chand Stadium took their seats, Germany opened their account with Benjamin Wess scoring after playing a one-to-one pass with Oscar Decke.
Germany, England, Greece move up FIFA rankings
Zurich: Germany and England have moved up one place in the latest FIFA rankings ahead of Wednesday’s round of friendlies while former European champion Greece is back in the top 10 for the first time since June 2008.
Current European champion Spain still leads the rankings ahead of Brazil, the Netherlands and Italy. But Germany has moved up one spot to fifth, England has risen one place to eighth and Euro 2004 champion Greece goes up two to 10th, replacing Egypt, which raced up the rankings after winning the African Cup of Nations in January, but has slipped to 17th.
Portugal has slipped to sixth and Argentina to ninth.
The United States, which visits the Netherlands in a friendly on Wednesday, has gone down four spots to 18th.
HYDERABAD: A trainer aircraft with the Indian Navy's aerobatics team, Sagar Pawan, crashed into a two-storied building during an air show here on Wednesday.
Two naval pilots, Maurya and his co-pilot Nair were killed, police commissioner A K Khan said. The pilots had come from Goa where they were based. He was last seen in the morning by hotel staffers in the coffee shop having breakfast. Even while sipping his tea, he was seen gesticulating his hands to show how a plane could go up or down. The naval team comprising nine members had checked into a Hyderabad hotel on February 27.
The aircraft, an HJT-16 Kiran Mk2 trainer built by Hindustan Aeronautics Ltd, crashed a couple of minutes before noon in the Bowenpally locality near the old Begumpet Airport in the heart of the city. The police and the fire brigade had difficulty reaching the congested crash site.
Four people in the building, a part of which was badly damaged, were injured, as the plane fell on the side of the complex. Two of the injured are believed to be in serious condition and have been shifted to hospital. The debris from the crash fell on a car, crushing it. The building has developed cracks and residents are being evacuated.
The planes were showing acrobatic maneuvers when the incident took place. One of the aircraft, part of the navy's aerobatics team that uses four trainers, was unable to pull up from a dive and went into a spiral as the planes were breaking away from the formation and going in different directions. The acrobatics by the planes had begun even as Praful Patel, minister for civil aviation, was talking on the rostrum.
Thousands of people were enjoying the spectacle when disaster struck, sending thick clouds of smoke into the air. According to witnesses, the plane crashed into the mobile phone towers on top of the building. They heard a loud boom, after which the plane went down.
There are conflicting eye witness accounts. An old lady - a vegetable vendor - who was laying chilies on the ground close to the spot said that suddenly a boy of a pilot fell besides her, even as the plane went forward and crashed into the building. Hundreds of eye witnesses saw the plane fall and go up in flame.
On the way it snapped at electricity wires. There was leakage from the fuselage and whole area was covered with aviation fuel, putting the entire area to the risk of fire. But later fire brigade official spread foam to prevent a fire. One of the pilots tried to open his parachute while ejecting. Probably the height was too little and therefore the parachute did not open. The unopened parachute was seen at the site by eye witnesses.
Said Ashok, who was in his house at the time: "I was inside the house when I heard a loud noise and I came out to see flames."
An hour after the crash, Praful Patel addressing a pre-scheduled press conference had no details about the crash. "I hope for the best,” he said. "I can’t give you any information. I have none,” he added.
Present at the airshow were the whos who of Indian aviation industry including minister Praful Patel, Jet Airways boss Naresh Goyal, Kingfishers Vijay Mallaya, Air India MD Arvind Jadhav, civil aviation secretary Madvana Nambiar, GMR boss G M Rao, GVK boss G V Krishna Reddy and dozens of representatives of Boeing, Raytheon and other companies. Commander Maurya who was commanding the flight belonged to the naval establishment INS Hansa in Goa.
Hyderabad’s Begumpet airport is used for VIP and private flights. The area where the crash occurred falls under the jurisdiction of the Secunderabad Cantonment Board. The crash, however, took place in a civil area under the board.
Eyewitness US envoy says Hyderabad crash 'heartbreaking'
NEW DELHI: Describing the crash of an Indian Navy aircraft in Hyderabad as tragic, US ambassador Timothy J. Roemer, who was present at the air show, said "these heartbreaking losses have even more piercing impact when you are part of the event".
Roemer is leading an American delegation to India Aviation 2010 in Hyderabad.
"What began as such a promising day has sadly ended so tragically," he said in a statement. "As the full extent of this tragedy is still becoming known, all of our thoughts and prayers are with those who lost their lives or were injured, and with their families," the US envoy said.
"These heartbreaking losses have even more piercing impact when you are part of the event," he added.
An Indian Navy trainer aircraft crashed into a two-storied building in a densely populated locality during an air show here Wednesday, killing the pilot and his co-pilot and injuring four civilians on the ground.
Pravin Mahajan dies of brain haemmorage
MUMBAI: Pravin Mahajan, who was sentenced to life imprisonment for killing brother & BJP leader Pramod Mahajan, died in a Thane hospital on Wednesday evening, family sources said.
Pravin, 50, who was serving his life imprisonment, is survived by his wife and two children Kapil and Vaishali both of whom are college students.
Pravin Mahajan had been admitted to the Jupiter hospital in December 2009 following a brain haemorrhage and had been in coma since then.
He had been put on life support system and was struggling for life but failed to recover at the Hospital where he was admitted, a close aide of the family said. However, hospital authorities did not issue any official word on the developments and most family members also declined to comment.
In a dramatic murder that shocked the country, Pravin Mahajan had killed his elder brother Pramod Mahajan on April 22, 2006 in his Mumbai home. The high-profile BJP leader succumbed to his wounds 12 days later on May 3.
Pravin Mahajan was sentenced to life by a sessions court for fratricide on Dec 18, 2007. He was released on 14-day parole on November 27, 2009 after three-and-a-half years in prison and was supposed to return to prison when he suffered the stroke and was hospitalized.
Following is the chronology of the Pramod Mahajan murder trial
April 22, 2006: Pravin Mahajan shoots Pramod Mahajan at his Worli residence.
April 22, 2006: Pravin surrenders before the Worli Police.
April 23, 2006: Pravin sent to police custody by Bhoiwada court.
April 27, 2006: Cops record statement of Mahajan's family.
May 03, 2006: Pramod Mahajan succumbs to his injuries and dies at a city hospital.
July 14, 2006: 650-page chargesheet filed before Bhoiwada court for charges under IPC Section 302 (murder) and Section 449 (house trespass).
July 24, 2006: Pravin files for bail application before Sewri sessions court.
July 30, 2006: Pramod Mahajan's murder case committed to the sessions court.
August 01, 2006: Sessions judge Abhay Thipsay rejects Pravin's bail plea.
Sept 01, 2006: Harshad Ponda appointed as defence lawyer by Pravin.
Sept 08, 2006: Special prosecutor Srikant Bhatt withdraws from the case.
Sept 25, 2006: Special prosecutors Ujjwal Nikam and Niteen Pradhan appointed by the state.
Jan 23, 2007: Pravin pleads not guilty.
March 21, 2007: Trial commences at the sessions court.
March 23, 2007: Rekha tells the court that she saw Pravin firing bullets at her husband.
April 10, 2007: Rekha tells the court that Pravin had threatened Pramod and demanded Rs one crore.
April 11, 2007: Brother-in-law Gopinath Munde tells court that Pravin had sent threatening SMS to Pramod.
April 18, 2007: Supplementary chargesheet filed in Mahajan trial.
May 11, 2007: Key eyewitness and Pramod's domestic help, Mahesh Wankhede, deposes before the court.
Oct 15, 2007: Pramod's daughter Poonam Mahajan identifies Pravin before the court and breaks down after cross-examination.
Oct 29, 2007: Pravin shocks the court by stating that he had not killed his elder brother.
Oct 30, 2007: Pravin makes allegations about Pramod's character in the court.
Nov 1, 2007: Defence witness B Harikrishnan tells the court that SMS can be manipulated.
Nov 16, 2007: Harikrishnan manipulates an SMS in a demonstration before the court.
Nov 22, 2007: Sarangi admits to having sent an SMS to Pramod, says SMS was tampered.
Nov 30, 2007: Advocates start final arguments.
Dec 03, 2007: Prosecution says money is the motive for murder.
Dec 06, 2007: Judge S P Davare begins dictating the judgement as both defence and prosecution conclude arguments.
Dec 17, 2007: Court holds Pravin guilty in the case.
Nov 27, 2009: Released on 14-day parole
Dec 11, 2009: Pravin Mahajan lapsed into coma following a suspected brain hemorrhage.
March 3, 2010: Pravin Mahajan dies
Govt may consider Naxal truce offer, if ceasefire for 72 hrs
NEW DELHI: A day after home minister P Chidamabaram termed Maoist leader Kishenji's truce offer as "bizarre", the government extended an olive branch to the Left Wing extremists asking them to ensure ceasefire for 72 hours to facilitate talks.
Top government officials have said Kishenji's offer for talks may be considered if he could ensure complete ceasefire for 72 hours.
Home minister P Chidamabaram had termed the truce offer by the Maoist leader as "bizarre" while underlining double standards adopted by the Left Wing extremists.
In six days after Kishenji came with the offer for talks, Maoists have carried out 18 serious attacks on security forces and civilians killing 11 including an incident of neck- slitting of a police official in West Bengal.
Chidamabaram said he had offered to facilitate talks with the CPI-Maoist provided they abjured violence.
"There was no meaningful response to that offer. Nevertheless, on February 23 I responded that if the CPI-Maoist made a short, simple and unconditional statement that they would abjure violence, government would be prepared to hold talks with them. I have received no response to my statement," he had said.
PM-Advani verbal duel in Lok Sabha
New Delhi: The Lok Sabha on Wednesday witnessed an interesting passage of arms when Prime Minister Manmohan Singh intervened repeatedly and rejected BJP leader L K Advani’s charge that US pressure was behind India's decision to talk to Pakistan.
In a sharp verbal duel during the debate on the Motion of Thanks to the President's Address, Singh asserted that there is no change in the US policy on Indo-Pak relations after President Barack Obama came to power. He intervened on more than two occasions during the 75-minute speech by Advani, seeking to set the record straight on the Indo-Pak talks besides other issues like 'one-rank-one-pension' for armed forces.
“You are using this debate to sow seeds. What you are attributing to President Obama is certainly not true. In my discussions with President Obama, he has unambiguously said that there is no change in the US policy towards India and Pakistan (relations)”, the Prime Minister asserted.
He was replying to Advani who suggested that the US was behind the recent Indo-Pak Foreign Secretary-level as Obama had publicly said during his Presidential campaign that he would try to resolve Kashmir issue.
This, the BJP leader, contended marked a change in the US position as the previous US Administrations had maintained that they would not mediate in Indo-Pak relations unless both the countries want it.
Business News
Sensex closes above 17k, at 6-week high
Mumbai: Equities rose for a third straight session on Wednesday to its highest close in six weeks helped by a rally in Reliance Industries as LyondellBasell was said to have rejected the energy major's revised $14.5 billion offer.
Reliance Industries, which has the highest weight on the main index, climbed 3.9 per cent, its biggest per centage-point gain in 2010, to Rs 1,021.95.
"Reliance could have been dragged into a bidding war and eventually the valuation for LyondellBasell could have been stretched," said Prayesh Jain, a research analyst with India Infoline.
"The stock is just reacting on relief that it is not overpaying," added Jain.
LyondellBasell has rejected an offer from Reliance that values the bankrupt petrochemicals group at $14.5 billion, a person familiar with the matter said on Tuesday.
The 30-share BSE index closed 1.36 per cent or 227.45 points higher at 17,001.01.
Twenty-four of its components closed in the green. The benchmark has gained 4.6 per cent since Feb. 25, supported by last Friday's federal budget which pushed for higher consumption and fiscal consolidation.
"People were sitting on cash before the budget and that seems to be coming in the market now," said Vaibhav Sanghavi, director of Ambit Capital.
But, if global cues turned negative, the markets could correct after the recent momentum, he added.
Financials gained on good prospects in an expanding economy.
Top lender State Bank of India firmed 1.6 per cent, while private lenders ICICI Bank and HDFC Bank rose 1.2 per cent and 1.8 per cent respectively.
Engineering and construction firm Jaiprakash Associates jumped 6.1 per cent as its cement shipments in February jumped 61 per cent, while ACC fell 0.2 per cent as its cement shipments dropped 2.3 per cent.
Tata Consultancy Services rose 0.5 per cent after the leading outsourcer said late on Tuesday it had won a bid to administer Britain's new national pension scheme.
Tata Motors raced 1.3 per cent after the top vehicle maker said it would bring an electric version of the Nano, the world's cheapest car, to Europe within three years, starting with Britain and Scandinavia.
In the broader market, gainers were more than double the number of losers with 361 million shares changing hands on the Bombay Stock Exchange, higher than its last week's daily average of 291 million.
The 50-share NSE index climbed 1.4 per cent to 5,088.10.
Nissan to recall 5,40,000 vehicles globally
Japanese automaker Nissan Motor Co. is recalling about 540,000 pickup trucks, sport utility vehicles and minivans to fix problems with brake pedals and fuel gauges.
Most of the recalled vehicles are in the US, with smaller numbers scattered across the globe.
The brake pedal recall affects 179,000 vehicles in the US and about 26,000 in the Middle East, Canada, Russia and several other countries.
A pin in the pedal assemblies on certain 2008 to 2010 Nissan Titan pickups, Infiniti QX56 and Nissan Armada Sports Utility Vehicles, and some 2008 and 2009 Nissan Quest minivans can come loose and cause reduced braking force, Nissan said Tuesday in a statement.
No injuries or crashes have been reported, the company said. Customers with loose brake pedals should contact their dealer.
Nissan blamed the problem on a manufacturing defect by a parts supplier. Dealers will inspect the vehicles for loose pins and repair them if necessary.
The company said in a statement that all vehicles now on sale do not have the problem.
Nissan also is recalling 419,000 vehicles in the US and 53,000 elsewhere because gas gauges can show fuel left in the tank when it's actually empty.
The recall affects 2005 through 2008 Nissan Titan, Armada and Infiniti QX56s as well as Nissan Frontier pickups and Pathfinder and Xterra SUVs produced between January and March 2006 and between October 2007 and January 2008.
Due to a problem with a sensor inside the fuel tank, the gauges can show gas tanks a quarter full when they are in fact empty.
Nissan suggests keeping a half-tank of gas in the vehicles until the gauges can be repaired, eliminating the risk of running low on fuel.
Owners of vehicles in both recalls will be notified when to bring their cars and trucks in for repairs. In materials distributed to dealers, Nissan said the brake pedal recall begins on March 22, while the fuel-gauge recall will take place in two groups, one beginning March 22 and the other starting in April.
About 130,000 vehicles are covered by both recalls.
LyondellBasell rejects Reliance offer
LyondellBasell has rejected an offer from Reliance Industries' that values the bankrupt petrochemicals group at $14.5 billion, a person familiar with the matter said on Tuesday.
This is the third advance that Lyondell's board has rejected from Reliance over the past year in a decision that could leave the Indian energy group having to look elsewhere for takeover targets.
In rejecting the offer, Lyondell did not give any details about whether further negotiations would be fruitful, this person said, declining to be named because the negotiations are not public.
Reliance, controlled by India's richest man, Mukesh Ambani, has said his company plans an aggressive exploration campaign, investments in petrochemicals and overseas acquisitions.
It was not clear whether Reliance, which has raised a war chest for deals by selling $2 billion of stock in recent months, would continue its pursuit of the petrochemicals maker. A Reliance spokesman declined to comment.
Lyondell spokesman David Harpole also declined to comment but said a new disclosure statement about the company's current proposed reorganization plan will be filed with a United States court imminently.
A creditor group led by US private equity firm Apollo Management, which is controlling Lyondell's bankruptcy process in the United States, was expected to file a reorganization plan on Monday. That plan is intended to lead Lyondell out of bankruptcy.
Shares of Reliance, India's most valuable listed company with a market value of about $70 billion, closed 0.6 per cent higher on Tuesday, underperforming the 2.1 per cent gain in the benchmark index.
"Reliance, being the size it is, will be looking at other options overseas even if this bid fails, and sooner than later, something else will come up," said Rakesh Rawal, head of private wealth management at Anand Rathi Financial Services.
A deal would greatly enhance Reliance's presence in major markets in the United States and Europe and place it in the ranks of top global chemical makers such as Saudi Arabia's SABIC, Germany's BASF and Dow Chemical.
"In the short term I will be happy if the bid fails because the acquisition risk has been removed and Reliance's profits will remain unaffected," Rawal said.
"But from a longer-term perspective, I am sad because the company could have gained a lot of synergies from this acquisition over the next few years."
'OFFER RAISED TWICE'
Reliance, with interests in petrochemicals, refining, oil and gas exploration and retail, has been trying to buy Luxembourg-headquartered Lyondell since November, when it made a bid valuing the target at about $12 billion.
Reliance has since raised its offer twice, sources familiar with the situation have said, but the chances of success have been clouded by the prospect that senior creditors such as Apollo may take a loss at the price Reliance has proposed and gain more from an independent Lyondell.
LyondellBasell, which was forced into bankruptcy just over a year ago amid a cash crisis, said last month it had reached a settlement with creditors over a lawsuit stemming from its 2007 leveraged buyout, paving the way for the chemical maker to exit bankruptcy.
Sports News
After reality check, Spanish flair awaits India
New Delhi: Bruised and battered by Australia, India will have to regroup their forces when they take on Spain in a crucial Pool B encounter of the hockey World Cup in New Delhi on Thursday.
After drubbing Pakistan 4-1 in their tournament opener, the Indians were given a reality check by Australia.
The hosts were surprised by the pace and verve of the Kookaburras, who completely outplayed them in all departments of the game in their 5-2 win last night.
Jose Brasa's men were taught a good hockey lesson by Australia and showed that only control over the mid-field was not enough to win a game.
If pace and fitness was all about Australia, world number three Spain is known for its flair and one-touch hockey and the Indian defence cannot afford to relax at any moment and repeat the mistakes they committed against Australia.
A defeat tomorrow will severely dent India's semifinal chances.
Against the Australians, the Indian defence wore a sorry look from the onset, conceding two goals within the first 10 minutes. Sandeep Singh-led backline had no answers to the speed and angular passes of the Australians.
Such was the Aussie domination that even India coach Brasa admitted his players were not used to such fast nature of hockey.
"We did not play bad, we played at our level much better than what we had in Salta. But Australia played at a different level of fast-paced hockey. We were not used to that kind of fast hockey," Brasa said.
The Indian forwardline, which missed the banned Shivendra Singh, completely looked off-colour yesterday with Prabhjot Singh and Deepak Thakur doing very little to prove their presence in the game.
But with the two-match suspension ruling Shivendra out of the next match, the trio of Deepak, Prabhjot and captain Rajpal Singh will have to rise to the occasion and come out with more innovative ideas to beat the Spanish defence.
"Playing without Shivendra and with just 15 players is our main concern," Brasa said.
Sandeep had a bad day in office against Australia as he could not convert even a single penalty corner out of three that India earned, and the ace drag-flicker will have to pull up his socks against Spain as short corners are one of the strong points of the home team.
"We were not lucky with penalty corners against Australia. We didn't succeed and that was the reason we couldn't get closer," Brasa said.
The Indians will also have to do away with their perennial habit of holding on to the ball for longer, a mistake which proved costly against Australia.
But notwithstanding all the flaws, Brasa will draw heart from the fact that the Indian mid-field sparkled yet again. Arjun Halappa and Sardar Singh were as cool as cucumber even under tremendous pressure.
Germany blank Canada 6-0 in hockey World Cup
New Delhi: Defending champions Germany toyed with Canada before subjecting them to a 6-0 plastering in their second Pool A match of the hockey World Cup here on Wednesday.
Playing a fast-paced and one-touch hockey, the reigning Olympic champions and world number one side dictated terms for most part of the match which they led 4-0 at the breather.
Canada, ranked 10 places below Germany at the FIH chart, gave a stiff fight after the breather but still conceded two goals in the second session.
For Germany, who had drawn 2-2 with South Korea in their opening match, 18-year-old Florian Fuchs scored twice in the 58th and 64th minutes while Benjamin Wess (3rd), Jan-Marco Motag (21st), captain Maximillian Muller (23rd), Martin Haner (28th) found the target once each.
Gunning for a hat-trick of World Cup titles after their triumphs in 2002 and 2006, Germany forced as many as seven penalty corners -- from which they scored three – while Canada got just one in the entire match.
Play was confined mostly in the Canadian 25-yard for most part of the match and it was a completely lop-sided contest in the first session.
Just as the handful of the spectators at the Major Dhyan Chand Stadium took their seats, Germany opened their account with Benjamin Wess scoring after playing a one-to-one pass with Oscar Decke.
Germany, England, Greece move up FIFA rankings
Zurich: Germany and England have moved up one place in the latest FIFA rankings ahead of Wednesday’s round of friendlies while former European champion Greece is back in the top 10 for the first time since June 2008.
Current European champion Spain still leads the rankings ahead of Brazil, the Netherlands and Italy. But Germany has moved up one spot to fifth, England has risen one place to eighth and Euro 2004 champion Greece goes up two to 10th, replacing Egypt, which raced up the rankings after winning the African Cup of Nations in January, but has slipped to 17th.
Portugal has slipped to sixth and Argentina to ninth.
The United States, which visits the Netherlands in a friendly on Wednesday, has gone down four spots to 18th.
Tuesday, March 2, 2010
Latest News of India
I never penned any article for a newspaper in Karnataka: Taslima Nasreen
NEW DELHI: Exiled Bangladeshi writer Taslima Nasreen on Tuesday said the appearance of an article in a Karnataka newspaper purportedly written by her, which triggered violent protests in Shimoga and Hassan towns, is a "deliberate attempt to malign" her and "misuse" her writings to create disturbance in the society.
Nasreen said in a statement that she never penned any article for a newspaper in Karnataka.
"The incident that occurred in Karnataka on Monday shocked me. I learned that it was provoked by an article written by me that appeared in a Karnataka newspaper. But I have never written any article for any Karnataka newspaper in my life," she said.
Indian Sports News
Nasreen said, "The appearance of the article is atrocious. In any of my writings I have never mentioned that Prophet Muhammad was against burkha. Therefore this is a distorted story."
The author said, "I suspect that it is a deliberate attempt to malign me and to misuse my writings to create disturbance in the society. I wish peace will prevail."
The violence in Shimoga, the home town of Karnataka chief minister B S Yeddyurappa, left two persons dead, one of them in police firing on Sunday.
Nasreen, staying in an undisclosed destination due to security reasons since her return to India last month, had her visa extended recently by six months till August this year.
Replying to a question, she said she would not like to say anything other than the statement issued by her.
NASA radar aboard Chandrayaan-1 finds ice on moon's north pole
WASHINGTON: A NASA radar aboard India's maiden lunar mission Chandrayaan-1 has detected craters filled with thick deposits of ice near the moon's north pole, the US space agency said on Tuesday.
NASA's Mini-Sar experiment found more than 40 small craters, ranging in size from one to nine miles, containing water ice.
"Although the total amount of ice depends on its thickness in each crater, it's estimated there could be at least 600 million metric tons of water ice," the space agency said in a statement.
The radar's findings "show the moon is an even more interesting and attractive scientific, exploration and operational destination than people had previously thought," said Paul Spudis, lead investigator of the Mini-SAR experiment at the Lunar and Planetary Institute in Houston, Texas.
The Mini-SAR has spent the last year mapping the moon's permanently-shadowed polar craters that are not visible from Earth, using the polarization properties of reflected radio waves.
"After analysing the data, our science team determined a strong indication of water ice, a finding which will give future missions a new target to further explore and exploit," Jason Crusan of NASA's Space Operations Mission Directorate in Washington said.
India's Prof J N Goswami and Dr M Chakrabarty are among the scientists from 13 agencies from the USA and India who authored and published the Mini-SAR's findings in the journal, "Geophysical Research Letters".
Prof Goswami is Principal Scientist, Chandrayaan-1 from Physical Research Laboratory, Ahmadabad, and Dr Chakrabarty is from Space Applications Centre, Ahmedabad.
Analysis of data obtained by the Miniature Synthetic Aperture Radar (Mini-SAR) onboard Chandrayaan-1 spacecraft has provided evidence of presence of ice deposits near the moon's North pole.
The new findings add to the growing scientific understanding of the multiple forms of water on the moon, according to an ISRO statement.
Chandrayaan-1 was India's contribution to the armada of unmanned spacecraft to have been launched to the Moon in recent years.
Zero tolerance for assaults on Indians: Australian foreign minister
NEW DELHI: Hours within a fresh incident of violence against Asians in his country, Australian foreign minister Stephen Smith on Tuesday said they have zero tolerance for assaults on Indians or against anyone else who comes to Australia.
"Regrettable, we know as I said to my Parliament that there have been some racial or racist overtones to a small number of those assaults and we condemn them absolutely," he said.
Smith pointed out that several steps have been taken to ensure that when people visit his country they have an "enjoyable and safe experience".
Govt's U-turn on Indo-Pak talks was at US nudge: Advani
New Delhi: Accusing the Government of making a U-turn on holding talks with Pakistan following US 'nudge', senior BJP leader L K Advani has said that no concrete outcome is possible in any dialogue till that country abandons terrorism.
Terming the UPA's stand on Indo-Pak talks as a "self-inflicted insult", he said the only outcome that seemed to have emerged from the recent Foreign Secretary-level talks was that they will stay in touch.
"Our Foreign Secretary called the recently concluded meeting 'constructive' but her Pakistani counterpart ridiculed the meeting and said his country did not believe in 'cosmetic engagement' and did not want India to 'lecture' them by demanding that Pakistan should 'do this or that'," Advani said in his latest blog posting titled 'UPA's shabby approach to Indo-Pak talks : A self-inflicted insult'. Taking a dig at the Government on the outcome of the talks, Advani said in his statement to Parliament External Affairs Minister S M Krishna described the meeting as constructive and useful.
"But the only concrete outcome that seemed to emerge from the 500-word statement was the Foreign Secretaries agreement to stay in touch," the BJP leader said.
He said India's "U-turn" on the issue of dialogue with Pakistan seems to be the upshot of "Washington's nudge." The "firmness" shown by the NDA government in dealing with Pakistan bore fruits in the form of a joint statement in which Islamabad assured that it would not permit Pakistan or any territory in Pakistan's control to be used to support terrorism in any manner, he said.
Business News
Sensex at 2-month high, Nifty above 5K
Mumbai: The markets roared to a more than two-month high on Tuesday, led by an over 12 per cent surge in Tata Motors, pushing the bellwether Sensex up over 340 points and the Nifty above the psychological 5,000-mark.
Bouyed by the feel-good factor in the Budget amid a jump in exports and manufacturing numbers, foreign funds were in full strength and lapped up shares in the auto, metals, banks and FMCG counters like hot cakes.
The biggest gainer of the day was Tata Motors which hit a nine-month high zooming 12.10 pct, after Moodys upgraded it following the turnaround of its luxe marque JLR. Tata Steel was the second best performer gaining 6.18 pct. The BSE auto index charged the Sensex rally gaining 4.29 pct, with M&M also supporting with a 4.65 pct jump.
After a gap-up opening of 243 points, the BSE barometer zoomed to a high of 2.3 pct or 372.05 points to 16,801.60 at the fag-end, recording its best-ever single day rally since December 23, but settled the day a tad down at 16,772.56 points or 343.01 points, clocking a net gain of 2.09 pct.
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Similarly, the 50-share NSE Nifty surged by 94.70 points or 1.92 pct to close above 5,000-mark at 5,017. The index zoomed past 74 points in opening deals and touched high of 5,026.95.
CNI Research chairman Kishor Ostwal said,"it's post-budget rally as the budget has given the direction to the market."
The market also got support from growth in exports for the third straight month in January at 11.5 per cent.
Google acquires photo-editing site Picnik
San Francisco: Google Inc acquired online photo-editing site Picnik, as the Web search leader continues with a deal binge includes three acquisitions in about three weeks.
Google did not disclose the financial terms of the deal for Picnik, a 5-year-old Seattle-based start-up which said on its website that it has 20 employees.
Google spokesman Andrew Pederson said in an email message that the Picnik team has joined Google's Seattle office and will work with Google's Picasa group. Picasa is Google's Web photo sharing service.
The deal is the latest example of Google's increasing appetite for acquisitions, as the company's core Internet search business has benefited from a recovery in the advertising sector.
In October, Google CEO Eric Schmidt said the company would resume its historic pace of acquiring one small company per month on average, with larger deals happening every year or two.
Last month Google acquired Aardvark, a social search engine and mobile Web email service reMail. Since September, Google has acquired 8 companies, said Pederson.
Google Chief Financial Officer Patrick Pichette, speaking at the Morgan Stanley Technology, Media and Telecom Conference conference on Monday, said that Google was beefing up its ranks as business conditions improve.
"The bottleneck for us right now is engineering. How many engineers can we find given that we have all these great opportunities?" Pichette said.
Picnik allows users to edit online photos from directly within a Web browser, eliminating the need for special, stand-alone editing software.
Indian Sports News
Lighter ban but Shivendra says it's still injustice
The ban on him has been reduced by a match but Indian forward Shivendra Singh on Tuesday said even the lighter penalty amounts to "injustice" on him as he has been punished for no fault.
During India's World Cup opener against Pakistan on Sunday, Shivendra's stick hit rival player Fareed Ahmed who suffered a cut on his eye as a result. Tournament Director Ken Read, while handing out the initial three-match suspension to Shivendra, said the act was "deliberate".
The Indian player, who after the reduced ban will sit out of the matches against Australia and Spain, however, insisted that he had no intention to hurt the Pakistani player and it was just an accident.
"I am very disappointed with the decision. The penalty is injustice to me because I never committed the fault intentionally. I was running for the ball and while I was in motion the stick suddenly hit the Pakistani player. But it was never deliberate," Shivendra said.
The seasoned forward, who had scored a goal in India's 4-1 win in the tournament opener, said the slight relief hardly matters to him as he would be sitting out of two 0crucial matches.
"It does not matter to me because at the end of the day I would be missing the crucial match against Australia. It hardly matters," he said.
Shivendra said the episode has only made him more determined to make a strong comeback.
"Now I am even more determined to perform better when I return to field after suspension," he said. India coach Jose Brasa was also livid with the harsh penalty imposed on his ward.
"The three-match suspension penalty was very harsh and in that sense wrong. I don't say he (tournament director) does not have the power under FIH rules. He has the authority but the decision was wrong. It was an enormous penalty for an unintentional foul," Brasa told reporters.
"If Mr Read wants to send a message why did he pick the Indian team. My players were struck on the face in that match against Pakistan and matches involving Australia, England and other countries were much more physical involving graver 0offences by their players.
"I have never ever experienced a player being handed a three-match penalty in my life -- be it Olympics, World Cup or Champions Trophy. Three match is half of the World Cup. To penalise a player by suspending him half of a World Cup for an unintentional foul was enormous," Brasa had said yesterday.
Pakistan clinch thrilling 2-1 win over Spain
New Delhi: A nervy Pakistan put behind their defeat against arch-rivals India to eke out a narrow 2-1 win against Spain in a hard-fought Pool B encounter of the hockey World Cup here on Tuesday.
A defeat on Tuesday would have virtually shut the semifinal door on Pakistan after their 1-4 defeat against India but Abdul Haseem Khan (30th minute, 70th) sounded the board twice to see them through.
David Alegre scored the lone goal for Spain in the 67th minute.
As expected, the match started on a fast pace with Pakistan going for the attack right at the beginning.
As early as in the ninth minute of the game, Pakistan got a great opportunity to go ahead but Waseem Ahmed's shot, after dodging some Spanish defenders in side the D, was saved by goalkeeper Francisco Cortes.
But Spain seemed in no mood to sit back and got their first scoring opportunity in the next minute.
A quick through ball from captain Pol Amat found Rodrigo Garza right in front of the goal but his shot was cleared by Pakistan custodian Salman Akbar.
Pakistan's experienced centre forward Rehan Butt also wasted an opportunity in the 11th minute as he failed to touch the ball with only the Spanish goalkeeper to beat.
England register second win, beat SA 6-4 in hockey WC
New Delhi: European champions England registered their second straight victory in the hockey World Cup on Tuesday, defeating a lowly South Africa 6-4 in a high scoring second Pool B match at the Major Dhyan Chand National Stadium here.
For England, Richard Mantell (15th minute, 57th), Robert Moore (23rd), Ashley Jackson (43rd), Nick Catlin (50th) and Iain Mackay (51st) were the goal getters, while Marvin Harper (10th, 53rd), Lloyd Norris-Jones (25th) and Thornton Mcdade (67th) registered their names in the scoresheet for South Africa.
The first half witnessed an exciting contest between the two teams with playing clean hockey and using short passes to great effect.
England, however, was the more dominant side after the change of ends as they earned penalty corners at will and pumped in four goals to inflict on South Africa their second defeat on the trot.
South Africa, however, were the first to sound the board in the 10th minute of the match through Harper after Justin Reid-Ross had set up the goal with a great solo run down the baseline.
England equalised five minutes later through Mantell, who converted his side's first penalty corner with aplomb.
NEW DELHI: Exiled Bangladeshi writer Taslima Nasreen on Tuesday said the appearance of an article in a Karnataka newspaper purportedly written by her, which triggered violent protests in Shimoga and Hassan towns, is a "deliberate attempt to malign" her and "misuse" her writings to create disturbance in the society.
Nasreen said in a statement that she never penned any article for a newspaper in Karnataka.
"The incident that occurred in Karnataka on Monday shocked me. I learned that it was provoked by an article written by me that appeared in a Karnataka newspaper. But I have never written any article for any Karnataka newspaper in my life," she said.
Indian Sports News
Nasreen said, "The appearance of the article is atrocious. In any of my writings I have never mentioned that Prophet Muhammad was against burkha. Therefore this is a distorted story."
The author said, "I suspect that it is a deliberate attempt to malign me and to misuse my writings to create disturbance in the society. I wish peace will prevail."
The violence in Shimoga, the home town of Karnataka chief minister B S Yeddyurappa, left two persons dead, one of them in police firing on Sunday.
Nasreen, staying in an undisclosed destination due to security reasons since her return to India last month, had her visa extended recently by six months till August this year.
Replying to a question, she said she would not like to say anything other than the statement issued by her.
NASA radar aboard Chandrayaan-1 finds ice on moon's north pole
WASHINGTON: A NASA radar aboard India's maiden lunar mission Chandrayaan-1 has detected craters filled with thick deposits of ice near the moon's north pole, the US space agency said on Tuesday.
NASA's Mini-Sar experiment found more than 40 small craters, ranging in size from one to nine miles, containing water ice.
"Although the total amount of ice depends on its thickness in each crater, it's estimated there could be at least 600 million metric tons of water ice," the space agency said in a statement.
The radar's findings "show the moon is an even more interesting and attractive scientific, exploration and operational destination than people had previously thought," said Paul Spudis, lead investigator of the Mini-SAR experiment at the Lunar and Planetary Institute in Houston, Texas.
The Mini-SAR has spent the last year mapping the moon's permanently-shadowed polar craters that are not visible from Earth, using the polarization properties of reflected radio waves.
"After analysing the data, our science team determined a strong indication of water ice, a finding which will give future missions a new target to further explore and exploit," Jason Crusan of NASA's Space Operations Mission Directorate in Washington said.
India's Prof J N Goswami and Dr M Chakrabarty are among the scientists from 13 agencies from the USA and India who authored and published the Mini-SAR's findings in the journal, "Geophysical Research Letters".
Prof Goswami is Principal Scientist, Chandrayaan-1 from Physical Research Laboratory, Ahmadabad, and Dr Chakrabarty is from Space Applications Centre, Ahmedabad.
Analysis of data obtained by the Miniature Synthetic Aperture Radar (Mini-SAR) onboard Chandrayaan-1 spacecraft has provided evidence of presence of ice deposits near the moon's North pole.
The new findings add to the growing scientific understanding of the multiple forms of water on the moon, according to an ISRO statement.
Chandrayaan-1 was India's contribution to the armada of unmanned spacecraft to have been launched to the Moon in recent years.
Zero tolerance for assaults on Indians: Australian foreign minister
NEW DELHI: Hours within a fresh incident of violence against Asians in his country, Australian foreign minister Stephen Smith on Tuesday said they have zero tolerance for assaults on Indians or against anyone else who comes to Australia.
"Regrettable, we know as I said to my Parliament that there have been some racial or racist overtones to a small number of those assaults and we condemn them absolutely," he said.
Smith pointed out that several steps have been taken to ensure that when people visit his country they have an "enjoyable and safe experience".
Govt's U-turn on Indo-Pak talks was at US nudge: Advani
New Delhi: Accusing the Government of making a U-turn on holding talks with Pakistan following US 'nudge', senior BJP leader L K Advani has said that no concrete outcome is possible in any dialogue till that country abandons terrorism.
Terming the UPA's stand on Indo-Pak talks as a "self-inflicted insult", he said the only outcome that seemed to have emerged from the recent Foreign Secretary-level talks was that they will stay in touch.
"Our Foreign Secretary called the recently concluded meeting 'constructive' but her Pakistani counterpart ridiculed the meeting and said his country did not believe in 'cosmetic engagement' and did not want India to 'lecture' them by demanding that Pakistan should 'do this or that'," Advani said in his latest blog posting titled 'UPA's shabby approach to Indo-Pak talks : A self-inflicted insult'. Taking a dig at the Government on the outcome of the talks, Advani said in his statement to Parliament External Affairs Minister S M Krishna described the meeting as constructive and useful.
"But the only concrete outcome that seemed to emerge from the 500-word statement was the Foreign Secretaries agreement to stay in touch," the BJP leader said.
He said India's "U-turn" on the issue of dialogue with Pakistan seems to be the upshot of "Washington's nudge." The "firmness" shown by the NDA government in dealing with Pakistan bore fruits in the form of a joint statement in which Islamabad assured that it would not permit Pakistan or any territory in Pakistan's control to be used to support terrorism in any manner, he said.
Business News
Sensex at 2-month high, Nifty above 5K
Mumbai: The markets roared to a more than two-month high on Tuesday, led by an over 12 per cent surge in Tata Motors, pushing the bellwether Sensex up over 340 points and the Nifty above the psychological 5,000-mark.
Bouyed by the feel-good factor in the Budget amid a jump in exports and manufacturing numbers, foreign funds were in full strength and lapped up shares in the auto, metals, banks and FMCG counters like hot cakes.
The biggest gainer of the day was Tata Motors which hit a nine-month high zooming 12.10 pct, after Moodys upgraded it following the turnaround of its luxe marque JLR. Tata Steel was the second best performer gaining 6.18 pct. The BSE auto index charged the Sensex rally gaining 4.29 pct, with M&M also supporting with a 4.65 pct jump.
After a gap-up opening of 243 points, the BSE barometer zoomed to a high of 2.3 pct or 372.05 points to 16,801.60 at the fag-end, recording its best-ever single day rally since December 23, but settled the day a tad down at 16,772.56 points or 343.01 points, clocking a net gain of 2.09 pct.
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Similarly, the 50-share NSE Nifty surged by 94.70 points or 1.92 pct to close above 5,000-mark at 5,017. The index zoomed past 74 points in opening deals and touched high of 5,026.95.
CNI Research chairman Kishor Ostwal said,"it's post-budget rally as the budget has given the direction to the market."
The market also got support from growth in exports for the third straight month in January at 11.5 per cent.
Google acquires photo-editing site Picnik
San Francisco: Google Inc acquired online photo-editing site Picnik, as the Web search leader continues with a deal binge includes three acquisitions in about three weeks.
Google did not disclose the financial terms of the deal for Picnik, a 5-year-old Seattle-based start-up which said on its website that it has 20 employees.
Google spokesman Andrew Pederson said in an email message that the Picnik team has joined Google's Seattle office and will work with Google's Picasa group. Picasa is Google's Web photo sharing service.
The deal is the latest example of Google's increasing appetite for acquisitions, as the company's core Internet search business has benefited from a recovery in the advertising sector.
In October, Google CEO Eric Schmidt said the company would resume its historic pace of acquiring one small company per month on average, with larger deals happening every year or two.
Last month Google acquired Aardvark, a social search engine and mobile Web email service reMail. Since September, Google has acquired 8 companies, said Pederson.
Google Chief Financial Officer Patrick Pichette, speaking at the Morgan Stanley Technology, Media and Telecom Conference conference on Monday, said that Google was beefing up its ranks as business conditions improve.
"The bottleneck for us right now is engineering. How many engineers can we find given that we have all these great opportunities?" Pichette said.
Picnik allows users to edit online photos from directly within a Web browser, eliminating the need for special, stand-alone editing software.
Indian Sports News
Lighter ban but Shivendra says it's still injustice
The ban on him has been reduced by a match but Indian forward Shivendra Singh on Tuesday said even the lighter penalty amounts to "injustice" on him as he has been punished for no fault.
During India's World Cup opener against Pakistan on Sunday, Shivendra's stick hit rival player Fareed Ahmed who suffered a cut on his eye as a result. Tournament Director Ken Read, while handing out the initial three-match suspension to Shivendra, said the act was "deliberate".
The Indian player, who after the reduced ban will sit out of the matches against Australia and Spain, however, insisted that he had no intention to hurt the Pakistani player and it was just an accident.
"I am very disappointed with the decision. The penalty is injustice to me because I never committed the fault intentionally. I was running for the ball and while I was in motion the stick suddenly hit the Pakistani player. But it was never deliberate," Shivendra said.
The seasoned forward, who had scored a goal in India's 4-1 win in the tournament opener, said the slight relief hardly matters to him as he would be sitting out of two 0crucial matches.
"It does not matter to me because at the end of the day I would be missing the crucial match against Australia. It hardly matters," he said.
Shivendra said the episode has only made him more determined to make a strong comeback.
"Now I am even more determined to perform better when I return to field after suspension," he said. India coach Jose Brasa was also livid with the harsh penalty imposed on his ward.
"The three-match suspension penalty was very harsh and in that sense wrong. I don't say he (tournament director) does not have the power under FIH rules. He has the authority but the decision was wrong. It was an enormous penalty for an unintentional foul," Brasa told reporters.
"If Mr Read wants to send a message why did he pick the Indian team. My players were struck on the face in that match against Pakistan and matches involving Australia, England and other countries were much more physical involving graver 0offences by their players.
"I have never ever experienced a player being handed a three-match penalty in my life -- be it Olympics, World Cup or Champions Trophy. Three match is half of the World Cup. To penalise a player by suspending him half of a World Cup for an unintentional foul was enormous," Brasa had said yesterday.
Pakistan clinch thrilling 2-1 win over Spain
New Delhi: A nervy Pakistan put behind their defeat against arch-rivals India to eke out a narrow 2-1 win against Spain in a hard-fought Pool B encounter of the hockey World Cup here on Tuesday.
A defeat on Tuesday would have virtually shut the semifinal door on Pakistan after their 1-4 defeat against India but Abdul Haseem Khan (30th minute, 70th) sounded the board twice to see them through.
David Alegre scored the lone goal for Spain in the 67th minute.
As expected, the match started on a fast pace with Pakistan going for the attack right at the beginning.
As early as in the ninth minute of the game, Pakistan got a great opportunity to go ahead but Waseem Ahmed's shot, after dodging some Spanish defenders in side the D, was saved by goalkeeper Francisco Cortes.
But Spain seemed in no mood to sit back and got their first scoring opportunity in the next minute.
A quick through ball from captain Pol Amat found Rodrigo Garza right in front of the goal but his shot was cleared by Pakistan custodian Salman Akbar.
Pakistan's experienced centre forward Rehan Butt also wasted an opportunity in the 11th minute as he failed to touch the ball with only the Spanish goalkeeper to beat.
England register second win, beat SA 6-4 in hockey WC
New Delhi: European champions England registered their second straight victory in the hockey World Cup on Tuesday, defeating a lowly South Africa 6-4 in a high scoring second Pool B match at the Major Dhyan Chand National Stadium here.
For England, Richard Mantell (15th minute, 57th), Robert Moore (23rd), Ashley Jackson (43rd), Nick Catlin (50th) and Iain Mackay (51st) were the goal getters, while Marvin Harper (10th, 53rd), Lloyd Norris-Jones (25th) and Thornton Mcdade (67th) registered their names in the scoresheet for South Africa.
The first half witnessed an exciting contest between the two teams with playing clean hockey and using short passes to great effect.
England, however, was the more dominant side after the change of ends as they earned penalty corners at will and pumped in four goals to inflict on South Africa their second defeat on the trot.
South Africa, however, were the first to sound the board in the 10th minute of the match through Harper after Justin Reid-Ross had set up the goal with a great solo run down the baseline.
England equalised five minutes later through Mantell, who converted his side's first penalty corner with aplomb.
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