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- Exports decline 4.16 percent last Month
- Esha Deol to marry Bharat in South Indian Style
- Gold Medalist Woman Athlete charged with raping another Woman
- Mining Firm MMG selects Wipro as Technology Partner
- Air India to appoint new COO very soon
- Urea Prices not to be increased this Financial Year
- US Consul General visits Infopark Kochi to discuss Investment Opportunities
- Telugu star Ram Charan marries his Girlfriend Upasana
- Priyanka and Shahid board Mumbai Local for promoting Teri Meri Kahaani
- List of Indian Athletes qualified for London Olympics 2012
| Exports decline 4.16 percent last Month Posted: 14 Jun 2012 07:02 PM PDT It may be due to Eurozone Crisis, but, the export figures of India declined by 4.16 percent in May to $25.68 billion as against $26.79 billion in the corresponding month of 2011. With the decline in imports, the trade deficit narrowed to $16.3 billion during May, from $18.5 billion a year ago. The declines were mainly witnessed in sectors such as engineering goods (15.67 percent), gems and jewellery (9 percent), and readymade garments (15.82 percent). As regards to imports during May 2012, gold and silver were down by 52 percent while electrical equipment registered a decline of 21 percent. Earlier this month, the government had announced a number of measures like continuation of interest subvention to boost exports.  |
| Esha Deol to marry Bharat in South Indian Style Posted: 14 Jun 2012 05:47 PM PDT
“Yes, it will be a complete South Indian style wedding which will take place in a temple,” Hema told IANS. A Tamil Iyengar, the veteran actress is married to Dharmendra who is from Punjab. When asked what Esha will wear on her D-day, she said: “It will be Kanjivaram but I don’t want to talk much about her look and costumes right now. You will have to wait and watch, but all of us will be in Kanjivaram saris.” “We want the wedding to be a comparatively private affair with relatives and close friends from both sides in attendance. It is not possible to have the wedding at our home. We chose a temple because it is a perfect place for matrimony,” Hema Malini told the daily The parents will host a grand reception at a luxury hotel. “We both lead a double life. We are actors and politicians. So we’ll have lots of guests at the reception from the film industry and politics,” the daily quoted her as saying. The bride to be is excited about the honeymoon already. “Wedding prep going on and on and on can’t wait for da honeymoon,” Esha had tweeted. Esha got engaged to Bharat Feb 12 at her mom’s residence. Bollywood film bigwigs and political leaders are expected to grace this event. Esha Deol was last seen in Tell Me O Khuda. After that she decided to settle down and got engaged to Bharat on Feb 12 this year.  |
| Gold Medalist Woman Athlete charged with raping another Woman Posted: 14 Jun 2012 03:05 PM PDT
Pinki Pramanik (born 10 April 1986 in Purulia) is an Indian track athlete who specialises in the 400 metres and800 metres. “Pramanik has been detained after we received a complaint by a woman who said that the athlete is a man and accused him of torturing, raping and trying to kill her,” Deputy Commissioner, Bidhannagar (North 24 Parganas) Subrata Bandyopadhyay said. “We approached the court Thursday seeking permission for medical test to determine the gender of the athlete and the same has been granted. The test will be conducted at the Barasat sub-divisional hospital shortly,” added Bandyopadhyay. The alleged victim, a divorcee and a mother of one, who had been living with Pramanik since the last several months, in her police complaint, alleged that the athlete had coerced her to a live-in relationship promising marriage. She has alleged that she was often beaten, tortured and frequently raped. Following the complaint, Pramanik was taken to a private nursing home for a medical checkup where the test reports showed that the athlete was indeed a male. “The reports conducted by us show that Pramanik is a male,” said Subrata Mukherjee of Uma Nursing Home where the test was conducted. The athlete refused to undergo a second test at a government hospital and claimed it was a conspiracy to frame her. “It’s a clear case of conspiracy,” said Pramanik adding that she took part in major international events, where medical tests to determine her gender have already been done. Pramanik won gold in 4×400 meters relay at the 2006 Asian Games in Doha (Qatar). She was a silver medalist at the Melbourne Commonwealth Games the same year. Now a ticket collector with the Eastern Railway, she retired from athletics three years ago. She courted controversy earlier when an unauthorised gun was found from her possession at a railway station. The revelation has also shocked the sport’s governing body. “I am totally shocked. She has participated in major international events where medical tests are mandatory. I agree that gender verification test is a complex process but how can people go wrong everywhere? Pramanik also had a medical (examination) before she joined the Railways,” West Bengal Athletics Association secretary Kamal Moitra said. The association has called an executive committee meeting Friday to decide the future course of action. “If it is medically proved that Pramanik is not a female then we have very little ground to pursue the case,” added Moitra. While heptathlete Soma Biswass refused to suspect her sexuality, veteran coach and Dronacharya awardee Kuntal Roy said he had his doubts. “I have never coached her, but to be honest I always had my doubts. In fact, it’s a surprise to me that no one had raised a question in international events,” Roy said.  |
| Mining Firm MMG selects Wipro as Technology Partner Posted: 14 Jun 2012 02:30 PM PDT Australian Mining Firm MMG has selected Wipro as its Technology Partner, under which Wipro would provide IT Solutions for managing its business. “The multi-million dollar deal involves developing an integrated business management over the next three years to MMG, with a common operating platform for its cross-country assets,” Wipro senior vice-president for energy, natural resources and utilities Anand Padmanabhan said in a statement here. As a mid-tier global resources firm, the Melbourne-based MMG is one of the world’s largest producers of zinc and substantially of copper, lead, gold and silver. It also exploresa nd develops base metal projects in Australia, Asia, Africa and the Americas. “We have selected Wipro as our strategic partner to transform key management systems and provide a foundation for growth and simplification,” MMG’s chief operating officer Marcelo Bastos noted in the statement. The high-end IT solution will also allow the mining firm to derive value from its current and future operations by standardising its business processes and implementing a new SAP platform. “We look forward to partnering with MMG to ensure seamless delivery of this business critical programme, as IT has emerged as a key efficiency driver in the natural resources space where growth of the mining industry lies in efficiency through automation,” Padmanabhan said. Wipro’s natural resources vertical covering metals and mining, agriculture and forestry industry segments is a part of its strategic business unit. “Our mining capabilities are seeing increasing traction across the world spanning Australia, Latin America, Canada, Kazakhstan and Africa.We address the industry’s core concerns through consulting, engineering and back office services,” Padmanabhan added.  |
| Air India to appoint new COO very soon Posted: 14 Jun 2012 01:20 PM PDT Air India has started looking after a new Chief Operational Officer. About 35 candidates have been shortlisted for the job. The members will scrutinise the credentials of the candidates. No time-line has been fixed, but the process is expected to pick up speed soon, sources in the company told IANS. The management had received around 70 applications for the post after it advertised to fill the vacancy in October last year. But all 70 applicants were rejected on technical grounds or for lacking the necessary qualifications. That’s why the airline advertised again in May this year. The advertisement said the COO would be part of the top management team and responsible for Air India operations. He should be in a position to execute the turnaround and financial restructuring plans that aim to make the company profitable by 2018. “Incumbent should be a commercial pilot and should have qualified on any type of aircraft in the current fleet of Air India. He will be on contract for a period of two years extendable by one year based on performance,” said the advertisement. Expatriates, however, will not be considered for the job, said one official who is privy to the development. The rationale behind this was that an Indian will be in a better position to understand Air India’s situation. “The company is very diverse from inside. It does very diverse operations and has to do all that within a set framework of a public sector undertaking (PSU). That’s why a candidate from either within Air India or a local will be best suited,” the official said. In 2010, the company had hired an Austrian, Captain Gustav Baldauf, with an annual package of Rs.3 crore amidst much hue and cry by some sections of the employees. This time around the airline has placed the fixed component of the package at 60 percent, which will be in the range of Rs.40-60 lakh per annum. The rest 40 percent of the salary will include perks and performance-linked-pay. Baldauf resigned in early 2011 after he was served a showcause notice over his remarks to the media about the government’s interference in the company.  |
| Urea Prices not to be increased this Financial Year Posted: 14 Jun 2012 11:20 AM PDT Urea prices wont be hiked this year. Central Government has deferred to hike the price of Urea by 10 percent to next Financial year. The hike was proposed by the fertiliser ministry to reduce the subsidy burden, limiting the excessive use of the soil nutrient in the country compared to phosphatic and potassic fertilisers. In 2011-12, urea is estimated to have contributed Rs.24,500 crore to the fertiliser subsidy bill. “It (the proposal) has gone back to the ministry. They have to take a second look,” Home Minister P. Chidambaram told reporters after a meeting of the Cabinet Committee of Economic Affairs. Pawar opposed the proposal contending that farmers are already burdened with high cost of inputs and any increase in urea prices would hit them further. He pointed out that the hike in prices would benefit urea companies which are making huge profits, they added. Urea price at present is fully controlled. It was last revised in April 2010 from Rs.4,830 per tonne to the current level of Rs.5,310 a tonne. Urea is the only fertiliser that remains under full price control. Farmers find it much cheaper to use urea as compared to other fertiliser like di-ammonium phosphate (DAP) which sells almost four-times higher at Rs 20,200 per tonne. Earlier, an empowered group of minister had approved deregulating the key fertiliser. The government mainly provides subsidy on fertilisers, fuels and food. The difference between the cost of production and the Maximum Retail Price (MRP) is paid to manufacturers.  |
| US Consul General visits Infopark Kochi to discuss Investment Opportunities Posted: 14 Jun 2012 10:28 AM PDT US Consul General Jennifer A. McIntyre visited Infopark in Kochi to know about the investment opportunities offered by IT industry in Kerala. “I am really taken up by the growing Kerala IT and the infrastructure facilities available at Infopark for the growth of IT … IT industry helping women in their life and careers,” said McIntyre. She saw all the facilities at Infopark and interacted with eight women leaders of IT companies. Infopark, Kochi is an information technology park situated in Kakkanad, a suburb of the city of Kochi, India. Established in 2004 by the Government of Kerala. Infopark Phase I is spread over a 100 acres (40.5 ha) campus with more than 3,400,000 sq ft (315,900 m2) of built up area, housing over 100 companies which employ around 15,000 professionals. The park is currently in expansion mode and is adding another 160 acres (64.7 ha) as part of the Phase II expansion. The notable companies in the park include TCS, Cognizant, Wipro, Ernst & Young,Arbitron, Etisalat DB Telecom, IBS Software Services, UST Global, EXL Service and Xerox ACS to name a few. The software exports from Infopark touched Rs 900 crores in 2010-2011 with an YoY growth of 40%. It has presence of IT majors like Tata Consultancy Services, Wipro, Affiliated Computer Services and OPI Global, employing around 15,000 professionals. Recently, IIM Kozhikode setup its Satellite Campus at Infopark. The satellite centre will initially offer one year executive MBA programme and two-year part time programmes in addition to a large number of short duration management development programmes.
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| Telugu star Ram Charan marries his Girlfriend Upasana Posted: 14 Jun 2012 09:38 AM PDT
Andhra Pradesh Governor E.S.L. Narasimhan, Chief Minister N. Kiran Kumar Reddy, Tamil Nadu Governor K. Rosaiah, many state ministers, members of parliament, former chief minister N. Chandrababu Naidu and leaders of various political parties were also present there. Chiranjeevi’s family is throwing a lavish reception Thursday evening at Hyderabad International Convention Centre (HICC), which is likely to be attended by the Hindi film superstars – Salman Khan, Aamir Khan and others. Chiranjeevi, a Congress leader and member of the Rajya Sabha, his actor brothers Pawan Kalyan and Nagendra Babu, brother-in-law Allu Arvind and his son Allu Arjun, Upasana’s grandfather and chairman of Apollo Hospitals Pratap C. Reddy welcomed the guests. Ram Charan is making an entry into Bollywood with the remake of Amitabh Starrer Film Zanzeer.  |
| Priyanka and Shahid board Mumbai Local for promoting Teri Meri Kahaani Posted: 14 Jun 2012 06:16 AM PDT
“I got on to a train after a long time. It was a bit chaotic because there was a lot of media and public. It was tough to reach our destination because of the crowd but getting onto a train and going from one station to another was fun,” said Shahid at the launch of an eyewear Wednesday. Said Priyanka: “Initially, when I came to Mumbai I used to travel in local trains a lot. So, it felt nice that trains haven’t changed, the public has not changed. So it was a good experience.” Both the actors and director Kunal Kohli were promoting their film “Teri Meri Kahaani”. They first boarded a local train to reach Jai Hind College, Churchgate, and from there they went to Oberoi Mall to launch Opium eyewear in a car. Reportedly, the whole train was booked for Rs.500,000. Kohli flaunted his funny side by saying, “We hope ‘Teri Meri Kahaani’ is a superhit. We have just shown three births and it is a time of sequels. So if the movie is a hit, I’ll show four more births in the next film.” Earlier this year, actress Vidya Balan also undertook a similar promotional medium for her film hit film “Kahaani”.  |
| List of Indian Athletes qualified for London Olympics 2012 Posted: 14 Jun 2012 06:05 AM PDT
Below we present the list of athletes who have qualified so far Archery: Laishram Bombayla Devi, Deepika Kumari, Chekrovolu Swuro and Jayanta Talukdar Athletics: Men’s 20 km walk: Gurmeet Singh, Baljinder Singh, Irfan Kolothum Thodi Badminton Women’s singles: Saina Nehwal Boxing Men’s light flyweight(49kg): Devendro Singh Hockey (men): Goalkeepers: Bharat Chetri (captain) and P.R. Sreejesh. Judo Women’s 63kg: Garima Chaudhary Rowing: India has qualified two boats with up to three athletes in men’s single sculls and lightweight double sculls Shooting Men’s 50m rifle 3 positions: Sanjeev Rajput Swimming Men’s 100m freestyle: Virdhawal Khade Table tennis Men’s singles: Soumyajit Ghosh Tennis Mens’ doubles: Leander Paes Weightlifting: Men’s 69kg: Katulu Ravi Kumar Wrestling Men’s freestyle 55kg: Amit Kumar  |
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