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Saturday, February 21, 2009

PAY CUTS Imminent as Mass Job LOSS Continues With DISINVESTMENT A







 


PAY CUTS Imminent as Mass Job LOSS Continues With DISINVESTMENT Ahead. No RESERVATION or QUOTA Would Help Anyone! OBC Quota Made Irrelevant in IIMs.

 

Troubled Galaxy Destroyed Dreams: Chapter 167

 

Palash Biswas

 


 


RECESSION is the Best Ever WEAPON for MASS DESTRUCTION and the Washington Planted Zionist Government of India led by Anti National IMMORAL IMPOSTORS uses it very EFFECTIVELY against Aboriginal, Indigenous, Minority and even general masses with LICENSE to KILL Infinite!


I am stunned to see the nature of Parliamentary debate and public Opinion these days!
What a SUBVERT ION!

 


Gold breaches Rs 16k level in futures trade! Where from the MONEY comes to INVEST in GOLD? How much is invested in Gold? how much DIVERSION of capital is instituted by DESI ILLUMINITI for launching, Merger and acquisition Abroad? What about the BALANCE SHEETS and FUNDAMENTALS of PRIVATE Sector? How Transparent is Budget making?


 What is behind the so called RESILIENCE? PRIVATE SECTOR EFFICIENCY, PUBLIC SECTOR SICKNESS, Lockouts and Lay OFFs, PRODUCTIVITY and TRADE UNION Activities?


 


With economic slowdown leading to huge layoffs in certain sectors, the government on Friday said jobs must be retained even if it meant cut in compensation.

 

"Jobs must be protected even if it means some reduction in compensation at various levels," Finance Minister Pranab Mukherjee said at International Labour Conference in New Delhi.

 

He said the the government is making all out efforts to ensure flow of credit to boost trade and investment, consumption and to stimulate additional demand through public and private expenditure.

 


Mukherjee later told reporters that in the interim Budget he had talked of encouraging investments in infrastructure and in housing and real estate, adding that the government is providing adequate resources for programmes like NREGA and Bharat Nirman.

 

"If the work can be stepped up to a considerable extent, these are directly linked with employment creation and also demand creation. (If) more and more good roads are constructed, cement, steel, every thing will be required. They will get jobs. These type of programmes should be expedited and adequate resources will be provided," he said.

 

His remarks came as the government today informed Parliament that 5 lakh people lost their jobs during the four-month period ending December 2008, on account of economic crisis in sectors including textiles, automobile and IT.


 

Our people does not want to deal with the economics of Politics or the Political economics. They invest everything to get the Most Essential purchasing power to survive day to day hazards and man made calamities as MONOPOLISTIC Aggression DELETE them out of this GEOPOLITICS.


Mass Job LOSS Continues. In India, twenty Lac people have lost their jobs only last year. five lacs of them during the last quarter of 2008. Only EXPORT Sector has announced that more than three lac people would lose jobs in the sector. In kerala, where many people got employment have returned home. Three or four lacs.

 

Disinvestment List is ready to be implemented.

 

The Ruling Hegemony is determined to implement MASS DESTRUCTION Agenda as wished by Global Order of TRI IBLISH - US Corporate Imperialism, Brahminical Hindutva and ZIONISM.


After SATYAM, Ambanies have been doubted to do MANIPULATE. But the RELIANCE shares have not been affected. After the experience of SATYAM ASTYAM, FINMIN, RBI and SEBI nexus is exposed more than enough. But the focus have been diverted in reality shows.

 

FALSE Recession is used to kill HUMAN and CIVIL Rights bypassing Parliament and constitution. The CRIMINAL OFFENCE is Immunised as DISINVESTMENT Process is IMMUNE to any judicial jurisdiction, Audit, Criminal Investigation and parliamentary Liability as well as Procedure.


The PROPRIETY question of democratic institutions including the Parliament has become IRRELEVANT.

 

Just understand the politics which is not so EASY as we believe to be! It is rather decided on hardcore ECONOMICS! The marxists Ruling West Bengal as well as the DALIT QUEEN Mayawati, Projected NEXT PRIME MINISTER face of Non existing THIRD FRONT opposed N-deal in UNPRECEDENTED Parliamentary REALITY OPERA after PULL DOWN by the LEFT, now  Govts of WEST BENGAL as well as UTTAR PRADESH want N-plant. In Bengal, SEA COAST LINE SECURITY ACT is Violated on larege scale as CHEMICAL HUB is GREEN SIGNALED in NAYACHAR near HALDIA of GENOCIDE GESTAPO MANSABDAR MP LAXMAN SETH, which have to be LINKED by BULLET TRAIN as RLY Minister of GLOBAL as well as DESI Illuminities, LALU YADAV decalred in RLY BUDGET. It never involves the MASSES but it happens to be in the best interest of INDIA INCs!

 

HARIPUR JUNPUT in Midnapur has been spotted for NUCLEAR PARK long before the Historical Hypocricy of PULL DOWN and uto Operationalisation of INDO US NUKE deal. WB govet needs at leats seven REACTORs from USA. The NUCLEAR PARK PROJECT has not PROGRRESSED only due to stiff RESISTANCE in NANDIGRAM, SINGUR and LALGARH! GURKHA TRIBAL ALLIANCE has worsened the situation for the BRAHAMINCAL POWER hegemony as well as BRAHMINICAL RESISTANCE HEGEMONY.

 

The MARXISTS have not dropped anything on the SUPERFAST HIGHWAY of CAPITALIST MASS DESTRUCTION! Be it Chemical HUB, be it SEZ, be it NUCLEAR Park, be it Disinvestment and Privatisation of Public services like Rural development, health and education, IT promotion, Auto Drive, Retail Chain.. any damned thing. Since the Marxists have to win the MUSLIM, TRIBAL and SC OBC Vote banks to hold the STATE POWER, they have to speak all those IDEOLOGICAL NONSENSE doing something quite different! APPEASEMENT and ANNIHILATION is the AXIS of MARXIST BRAHAMINICAL HEGEMONY with Complete BRAIN Washing and MIND CONTROL using the CIVIL SOCIETY, Brand Buddha and CELEBE ICONS, Intelligentsia, Media, Language, Culture, institutions and Bangla Nationality as different zones of HARD CORE XXXXX PROSTITUTION!

 

I differ with our friends and guides like Marxist ANIL Sarkar and DALIT VOICE EDITOR VTR. Both of them endows the entire PHENOMENON of INDIGENOUS, ABORIGINAL, MINORITY Lieberation in ICON MAYAWATI, her party BSP and Majoritarian ELECTORAL system! VTR advocates CASTEOLOGY and CASTE IDENTITY to RESIST the Ideologies like BRAHMINISM and ZIONISM while the DALIT MARXIST MINISTER quotes MARXISM as well as RAVINDRA NATH TAGORE believing in MAYAWATI CHARISMA. Even DR BR AMBEDKAR has emphasised on EMPOWERMENT, ENLIGHTENMENT, MOBILISATION, ORGANISATION and RESISTANCE for INDIGENOUS ABORIGINAL Minority LIBERATION! But our friends and guides do believe in PERSONAL ACHIEVEMENT and CHARISHMA as if the PRIMEMINISTRY of a DALIT QUEEN would climax into libeartion! Is that possible! have we any Historical EVIDENCE? Then USA should cease to be CORPORATE IMPERIALIST ZIONIST as a BLACK President has taken over! BARACK OBAMA factor is TRUE as TRUE are the DREAMS of black ANCESTORS! If Mayawati is allowed to be the PRIME MINISTER of India, we may not hope that it would ANNIHILATE CASTE or BRAHAMINISM. Without EMPOWERMENT and ENLIGHTENMENT any DALIT POWER is BOUND to be merged in BRAHAMINICAL Ideology as the ARYANS have historically proved to be masters of ADOPTION and ENSLAVEMENT since the Destruction of HARAPPA and MOHANJODORO!

 

Uttar Pradesh government on Thursday said it has written a letter to Congress-led UPA government at the Centre for installing a nuclear power plant in the state.

 

Replying to supplementaries during the question hour, Minister for Power Ramvir Upadhyay told Vidhan Sabha that besides setting up new power plants and modernising the existing ones, the state has also requested the centre to set up a nuclear power plant in the state.

The minister was replying to a supplementary by Congress MLA Pramod Tewari, who wanted to know if those (BSP) opposing the Indo-US nuclear deal had opted for nuclear power.

While giving an account of the various steps undertaken by the state to deal with power shortage, especially in the Bundelkhand region, the minister said Uttar Pradesh has started borrowing electricity from Jharkhand from February 15 and assured the House that in four years time the state would have surplus power.

The minister used the opportunity to lash out at the former BJP government for selling Uchahar and Tanda power houses and the previous Samajwadi Party government for making no effort towards installing new power houses.

The minister said that efforts were also on to strengthen transmission and distribution.


 

 THE GOI has done everything to ensure DEMOGRAPHIC Re adjustment to mobilise the VOTE BANK while declaring Reservation and quota measures. Cream Layer has got the ceiling of Rs 4.5 lac per Annam while the FEES of high profile IIM has been raised from Rs.1.5 lac in 2007 to Rs. 9.5 lac per Annam! No OBC quota would help in admission. Marxist Ruled West Bengal shows the way as CALCUTTA IIM hiked the fees at first. The Indian Institute of Management, Calcutta (IIM-C) has more than doubled its fees to Rs 9 lakh for over 400 students for the 2009-11 academic session, while doubling the scholarship fund from Rs 75 lakh to Rs 1.50 crore per year. The fee hike, decided at the IIM-C Board of Governors meeting on Friday, is more than double than the fees paid by students passing out in the 2008-10 session, a spokesman of the IIM-C said in Kolkata on Saturday.

 

Stating that almost all IIMs had hiked fees, he said IIM-C fees are still lower than IIM-Ahmedabad's that are Rs 11 lakh and IIM-Bangalore – Rs 9.5 lakh. The spokesman said that IIM-C spent Rs 4 lakh per student every year.

 

The meeting also decided to raise the need-based scholarship fund from Rs 75 lakh to Rs 1.50 crore, he said. To a question, he said that the Board of Governors discussed the Bhargava Committee report, particularly in respect of appointing a pan-IIM Board.


 

The DEBATE on Presidential address is the basic TREND set to understand the FUTURE of the Nation. Opposition leader and RSS PRIME MINISTER face LAL Krishna Adwani praised PRANAB MUKHERJEE and the MARXISTS while highlighting TERRORISM sidelining all ECONOMIC questions and issues.

 

 Pranab sanctioned Rs Fifty four Crore for DEALING with TERROR and Rs One Hundred crore for CITIZENSHIP national IDENTITY Cards.

 

My people are not aware of the MEANING. Adwani co related TERROR with the problem of REFUGEE INFLUX from Bangladesh dubbing all Partition Victims resettled refugees ILLEGAL MIGRANTS Infiltrators!

 

 Here you are!

 

 TWIN TERROR ACT and Citizenship act would complete the task supported and implemented by the LETHAL TRIO of PRANAB ADWANI and BUDDHADEB.

 

PRANAB advocated PAY CUTS to avoid JOB LOSS but never declares anything for JOB SECURITY. He is PROMPTED by World bank, IMF, DESI and Foreign ILLUMINATI to kill the Productive forces of India.

 

Now see, AMBANIES, JINDAL and MITTAL have been declared as the most Influential Billionaires of this Globe. TEN of the top firms have listed profit amounting more than FIFTY percent. AUTO and TELCO sector advanced. REALTY captured the country. IMPORT and EXPORT duty exempted. Rs Sixty Three thousand waiver for defaulters. Rs Ninety thousand  Crore have been earmarked for subsidies. SOCIAL SECTOR and Infrastructure were emphasised upon. Who will get the Money? The Benefit?

 

DEFENCE Budget is hiked without any question amidst Unprecedented War HYPE and Floods of Defence DEALS!

 

India likely to grow 7% next fiscal,  Montek running the FINMIN for the WASINGTON PLANTED Prime Minister, claims!

 

Despite BALANCE OF PAYMENT Crisis due to FUEL ECONOMY, AUTO SECTOR is promoted to worsen FOREIGN CURRENCY Deficit! Just see! GOVT. Controlled SBI freezes new car loans @10% for a year! SBI and entire banking sector strained due to unethical waiver to the DEFAULTER DESI Illuminiti! Mind you, SBI, LIC and ONGC saved FREEsensex from Total Disaster. Disinvestment Policy has set the STRATEGY to disinvest first the strongest PSUs!

 

The country's largest public sector lender, State Bank of India, said it will freeze interest rates on new car loans at 10 per cent for a period of one year.

 

The bank also slashed lending rate on credit to farmers against cold storage and warehouse receipts to 8 per cent, a bank release issued here said.

 

The new rates will be applicable to all customers availing loans between February 23 and May 31, 2009, the bank said.

 

After the freeze-period, the rates will be reset at the applicable card rate contracted as on the date of sanction under the respective schemes, the bank said.


 

 The Indian economy is expected to grow at least 7 per cent in the next financial year on the back of stimulus measures taken by the Government, Planning Commission Deputy Chairman Montek Singh Ahluwalia said.

 

"The world economy expects a recovery in the second half of the next fiscal... In the coming year, India's growth will be at least seven per cent," Ahluwalia told reporters here on the sidelines of a seminar.

 

"Compared to other countries, we are doing reasonably well... we are growing below our potential... many sectors are feeling the pain. Right now, the foremost challenge is to restore the growth momentum of the economy," he said.

 

In the second-half of the current fiscal, the economy would have grown at around 6.5 per cent and the growth is likely to be better next year, he added.


 

FALSE RECESSION justifies RETRENCHMENT, JOB LOSS, DISINVESTMENT, SEZ Drive, DEPORTATION Drive, Displacement, Food Insecurity, Malnutrition, Unemployment,Retail market, PAY CUTS, Repression, Persecution, Urbanisation, Indiscriminate land acquisition for DE INDUSTRIALISATION, Chemical hubs, Nuclear parks and so on!

 

Breaking all previous records, gold prices surged to a new peak at Rs 16,349 per 10 gram in futures trade, as traders increased their exposure in the precious metal following melting stock and forex markets.

The metal, which had been on a record-setting spree for the last one week, spurted to an all-time high of Rs 16,349, by adding 2.55 per cent on the Multi Commodity Exchange, as funds preferred to park their funds in gold amid deepening global recession.

The August contract for gold climbed 2.55 per cent to touch Rs 16,349 per 10 gram. It clocked two lots.

The bullion market received a major booster from the firming global trend as the gold in the US markets surged to 1,007.20 dollar an ounce last night.

"Funds around the world indulged in picking gold as a safe investment during current financial turmoil," said Galipelli Harish, head of research with Karvy Comtrade.

The firmness was also witnessed in spot market as gold prices climbed much close the market expectations of Rs 6,000 per 10 gram in all domestic bullion markets.

In Delhi, the metal traded at Rs 15,750, in Chennai at Rs 15,775 per 10 gram, respectively.

Buying by jewellers and retail customers almost dried up at existing higher levels, said a Delhi-based jeweller Rakesh Anand.


 

KOLKAT newspapers highlighted a JAPANESE COUPLE getting married adopting VEDIC BENGALI Rituals! Desi ILLUMINATI decides upon the next Prime Minister to be. BRAHMIN SABHA out castes RSS just because ADWANI is not a BRAHMIN and supports the BENGALI KAYASTH   BRAHMIN Pranab Mukherjee as the NEXT Prime Minister Face.

 

WE are READY for the final RITUAL, the SACRIFICE as the ASHWAMEDH YAJNA is in Progress!


You may have got the Pay commission or Reservation or quota or the recommendations, But I am afraid that you may not survive JOB LOSS, PAY CUTTS, Food Insecurity and STARVATION, Displacement from Livelihood, Liberty and Life, ETHNIC CLEANSING on the name of WAR against terror and MASS DESTRUCTION justified by FALSE RECESSION hyped so much by the FDI fed MEDIA TOILET.

 

The Lok Sabha witnessed a rare show of camaraderie between Leader of Opposition L K Advani and Leader of the House Pranab Mukherjee on Tuesday when the former lauded the Union Minister for his role as the principal trouble-shooter of the government.

"Sometimes I think had Pranab not been there what would happen to this government. Whenever there is a crisis, he is there. 25 years ago he presented the budget and did so again yesterday as it was a crisis situation," Advani said in his opening remarks during the debate on the Motion of Thanks on the President's address.

Mukherjee blushingly smiled and welcomed the statement with folded hands even as the House applauded with thumping of desks. Advani said he had known Mukherjee for many years and had always appreciated his abilities.

"Leader of the House Pranab Mukherjee is one year senior to me in Parliament. I was first elected to Rajya Sabha in 1970 while he was elected one year before," Advani said adding, "Ever since I was introduced to Pranab I have always appreciated his ability, his strength and his capability to shoulder responsibility."

Later in his speech, Advani said Parliament had witnessed a new low during the trust vote (of July 22, 2008).

"Pranab, I and the Speaker who joined one year after me had never seen buying and selling of MPs. We will not be there tomorrow. The future generations will not forgive us," he said.

 

 You may Time PASS to watch reality shows of CELEB FUCKING but you may not DESERVE to survive!

 

SORRY!

 

UPA, Left may contest LS polls together, Lalu decalres ! What a TURNAROWND! What an UNDERSTANDING!

 

Not ruling out a possible tie-up with the Left in the upcoming Lok Sabha polls, key UPA ally RJD said the aim of all the allies of the government is to fight the forthcoming elections together.

Though there were differences of opinions during the N-deal, "they (Left) are our natural allies," party chief Lalu Prasad said on the sidelines of the AIMA award presentation function in New Delhi.

"They are our permanent friends and they will remain our friends. We may even contest together. What is there in it," he said when asked about a possible alliance with the Left.

"There may be differences between the allies over one or two seats but our aim is to fight the elections together," he said.

When asked about the progress on the issue of seat-sharing with LJP, he said talks are going on.

The Railway Minister visited Paswan's residence on Friday night to attend a function, leading to speculation of finalisation of ties between RJD and LJP.

When asked if Supreme Court ruling of not allowing the U C Banerjee report to be tabled in Parliament is a setback to the government, Lalu said, "There is no setback. We all know who created problems (Godhra incident)."


 

NORTH SOUTH Divide is AWEFUL as we never FEEL the HEART or MIND of the people residing all over South India and who bear with them the LEGACY of our NON ARYAN Ancestors. We know nothing about DRAVID nationality! Thus, PRANAB dares to dismiss DRAVID sentiments anywhere in North India.

 

Watch the DRAMA!

 

MPs don't deserve 1 paise of public money: Somnath

 

"You do not deserve one paisa of public money," an angry Speaker Somnath Chatterjee said as members of several political parties stormed the Well of Lok Sabha raising a spate of issues and disrupted Question Hour.

So annoyed was the Speaker with the behaviour of some members, he said that he believed Parliament should be adjourned sine die.

"I think Parliament should be adjourned sine die ... public money should not be spent on useless allowances for you," he said as some members of the BSP, BJP, TDP, RPI, PMK and MDMK stormed the Well and raised slogans against the government on several issues.

BSP criticised the UPA government for "being anti-Dalit" as it had "ignored" the backward classes in a new draft legislation on universities introduced in the House.

BJP members joined them on the same issue, while members of PMK and MDMK trooped into the Well demanding that the government make efforts to "stop war" in Sri Lanka.

TDP members were also seen raising the Satyam issue. Angered by the members' behaviour, Chatterjee said "you are behaving in the most condemnable manner. I express my greatest annoyance and condemnation."

The Speaker said he hoped that the people of the country will give a "fit verdict" in the coming elections.


 

LTTE crisis: Political solution only way out, says Pranab

 

Berhampore, WB India expressed concern over the latest turn of events in Sri Lanka, particularly the air raids by LTTE over Colombo, and appealed to the government and the militant organisation to come to a peaceful negotiated settlement.

It also said unless there was a congenial and peaceful atmosphere, attacks and counter-attacks would continue.

"An LTTE plane has been shot down. This is of concern. Political solution has to be found to the LTTE issue and military action will not do," External Affairs Minister Pranab Mukhjerjee, said.

Maintaining that ‘a political solution is the only way out’, he said, "The two sides should sit across the table for a negotiated settlement of the issue.”

"And, for that a congenial and peaceful atmosphere has to be created. Till that is not forthcoming, attacks and counter-attacks will continue to hit the country.”

Stating that India's stand was 'very clear', Mukherjee said, "we are concerned. We are concerned for the huge Sri Lankan Tamil population who have been caught in the crossfire. They are being killed and their normal life is seriously affected."

He said India would appeal to Colombo to ensure that the rights of the minority Tamils were protected.

Mukherjee was in Berhampore for a credit camp of UCO Bank at Raghunathganj, in Murshidabad district.

Recalling the treaty signed in 1987 between the then Sri Lankan President and late Prime Minister Rajiv Gandhi, Mukherjee said, "the decisions arrived there should be implemented.”

"The decision for decentralisation of power and more powers to the provincial council should be followed," the minister said.

Mukherjee said the Tamils and other ethnic minorities in Sri Lanka must have an arrangement where there legitimate aspirations should be fulfilled within the framework of the Sri Lankan Constitution without affecting the territorial unity and sovereignty of Sri Lanka.

He said India expected a devolution package can be evolved fulfilling this criteria and the present impasse overcome. That should be the basis of restoration of normalcy, he added.


 


And see this:


Minister Maya led mob to carry out riot: Guj Govt to HC


 Ahmedabad The government in an affidavit in the Gujarat High Court has said that state minister Maya Kodnani led the mob, instigated them and distributed weapons to carry out Naroda riot which left 95 people dead in 2002.


The affidavit was filed in the court on Thursday on the basis of findings of Special Investigation Team (SIT) appointed by the Supreme Court challenging anticipatory bail given to Kodnani by the lower court.

"She was the leader of mob and was an MLA and allegations against her is she was instigating the mob to commit crime and therefore she was playing the main role," the affidavit said.

The affidavit said, "from one of the statements of witnesses it has been revealed that she had fired from her pistol, as well as, from another statement it has been revealed that she had come to the spot in a car with other persons and had distributed swords among the mob."

Kodnani is a Minister of State for Higher Education in the Gujarat government and is regularly attending the ongoing Assembly session.

Kodnani had gone underground after SIT declared her absconder and resurfaced only after the lower court granted anticipatory bail to her. 

 

India hits out at US protectionist tendency


 

India opposed protectionist measures built into the US government's multi-billion corporate bailout package, saying these were "worrying signs" from the world's biggest economy.

"We are already witnessing worrying signs of protectionism in the world's biggest economy. We need to argue against this trend at the international fora," External Affairs Minister Pranab Mukherjee said inaugurating the 42nd Indian Labour Conference.

He was apparently referring to the Washington's bar on firms receiving bailout money from hiring foreign workers if they are to replace Americans at work.

Industry estimates suggest nearly 100,000 Indians were among the 163,000 that had applied for non-immigrant skilled workers visa (H1-B) in FY'09. The US has capped the number of H1-B visas at 65,000 a year.

The bailout-condition could affect Indian skilled workers.

In the wake of the global financial meltdown, Mukherjee said, "We will need to press for trade and aid flows to developing countries and look at regional cooperation to strengthen defences against such crises".

Mukherjee said there was a need to invest more in infrastructure, provide adequate credit support to the poorer sections of the society and create better facilities for upgrading skills and re-skilling of the workforce.

"Our government is making all efforts to ensure flow of credit to consumption, trade and investment, and stimulating additional demand through public and private expenditure and investment," Mukherjee said.

He said the government's response to the crisis has been swift and recent developments show that the benefits were trickling down.

"Global crisis requires a global response and India is playing its own role in fashioning it," he said.


 




 

































































Satyam board sets stage for inviting buyers

21 Feb 2009, 2034 hrs IST, ET Bureau


 






 


The Satyam board approves the process to be followed for inviting a strategic investor to buy into the firm. Weekly Gainers: BSE (A. B), NSE | Losers: BSE (A. B), NSE




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US may still prefer bank stakes to nationalisation
21 Feb 2009, 2227 hrs IST, REUTERS


 

Rather than opting for a sweeping takeover, US govt may act more incrementally, demanding a little more control. 2008: Year of fin crisis | Top 10 US bank failures


 



Investment strategies for 2009
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Depending on how you look at it, 2009 could either be harbinger of more bad news or offer a plethora of opportunities. Investments: Doubt your doubts | Investment Tips


 


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Moneycontrol.com

Balco stake sale: Disinvestment back on govt's agenda
Moneycontrol.com, India - 19 Feb 2009
Meanwhile, disinvestment may be back on the agenda of the next government with the Budget setting a modest target of selling stakes in five PSU’s. ...
Balco stake sale: What lies ahead? Moneycontrol.com
Govt may not sell 49% in Balco to Sterlite Moneycontrol.com
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Govt identifies 16 PSUs for disinvestment, 6 may go public
Moneycontrol.com, India - 19 Feb 2009
Disinvestment may be back on the agenda of the next government with the Budget setting a modest target of selling stakes in five public sector undertakings ...





Govt plans divestment in five PSUs via IPOs
Times of India, India - 16 Feb 2009
Disinvestment secretary Rahul Khullar, however, said a decision to launch the IPOs will be taken by the new government in May-June, while all preparations ...
Govt plans IPO for five PSUs Myiris.com
Indian Govt. Plans IPO For Five Public Sector Cos RTT News
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Boycott and Disinvest in Israel, in Solidarity and Self-Defense
Black Agenda Report, NJ - 18 Feb 2009
African Americans must take a leadership role in the movement to boycott and disinvest in Israel, both for reasons of elemental justice and to defend our ...





'We have tried to be conservative'
Business Standard, India - 16 Feb 2009
How serious are you about disinvestment as a fund-raising option? We have identified about a dozen companies for that purpose. Four or five may be ready by ...





Rs 1120 cr to be raised through PSU stake sale
Hindu Business Line, India - 16 Feb 2009
Even as the Steel Ministry has received proposals for disinvestment in RINL and MOIL from the government, it has not yet worked out the modalities for it. ...





Loss-making sugar mills disinvestment a distant dream
Times of India, India - 27 Jan 2009
LUCKNOW: Disinvestment of the loss-incurring sugar mills in the state seems to be a distant dream despite the best efforts put in by the Mayawati government ...





Naidu trains guns on YSR's son
NDTV.com, India - 20 Feb 2009
... worth of wealth to invest into Sakshi, a Telugu daily owned by Jagan and disinvestment of Jagan's stake in Sandur Power Project, need to be investigated.






Telegraph.co.uk

Clerics urge church to disinvest from Israel
The National, United Arab Emirates - 8 Feb 2009
Jack Guez / AFP LONDON // Christian clerics today demanded that the Church of England honour its commitment to disinvest from Israeli companies operating in ...
Caterpillar disinvestment move hailed War on Want (press release)
Church of England divested from Caterpillar Jewish Telegraphic Agency
After vicars threaten to denounce Church in papers Al-Arabiya
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ITDC explores expansion through ‘Ashok Alliance’
HospitalityBizIndia, India - 18 Feb 2009
The corporation had 36 properties before disinvestment, now we have 16 hotels across the country. We want to expand it again.,” the official informed. ...

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The anticipated job loss would push the province's unemployment rate to 5.8 per cent in 2009, compared with 4.4 per cent in January and 4.2 per cent in ...





Job losses will continue: Flaherty
Canada.com, Canada - 19 Feb 2009
“We are in for a very difficult year,” Flaherty said, adding the job losses will be “substantial.” His comments, including a warning that the recession and ...
Structural advantages may temper job losses Business Edge
all 2 news articles »





Job loss risk at Rentokil Initial
Mirror.co.uk, UK - 3 hours ago
More jobs will go as bosses battle to turnaround pest control and parcels firm Rentokil Initial. Chief exec Alan Brown needs to cut costs if he is to get ...LON:RTO





Job Loss And Depression
CBS News, NY - 19 Feb 2009
Job loss not only affects individuals financially - it can affect their mental health as well. Dr. Sudeepta Varma, Psychiatrist at New York University ...






India Business Today

Job loss: Are you next?
India Business Today, India - 20 Feb 2009
Though the job cuts, on an average, have not exceeded 5-10 per cent of any company’s payroll (except in cases where the entire business or division has been ...





Surviving a Job Loss
NTV, NE - 12 hours ago
The record loss of jobs has increased traffic on Nebraska Workforce Development's website. "When you compare the amount of individuals who registered for ...





The business outlook remains discouraging and more job losses are ...
The Register-Guard, OR - 9 hours ago
The forecast predicts continued job losses in 2009 in virtually every sector except health care, which is projected to show job growth of 3 percent. ...





Textile may see more job losses
Business Standard, India - 17 Feb 2009
While there are fears of half-a-million more job losses, exports from the sector are likely to take a hit of about Rs 15000 crore, according to industry ...

 


Expressindia » Story



Shah Rukh hits jackpot, gets Coke to sponsor KKR


 Kolkata Those who had forecast that the global financial meltdown was knocking on the doors on Indian cricket as well seem to have got their predictions all wrong.

Weeks after team owners of the lucrative Indian Premier League (IPL) splurged big bucks on new players for the coming season, a whole lot of fresh investment is headed for the superhit Twenty20 Championship.

In a landmark development for the eight-team IPL carnival, the Shah Rukh Khan-owned Kolkata Knight Riders (KKR) has managed to sign in multinational soft drink major Coca Cola for the forthcoming second edition of the two-month-long tournament.

The move to rope in the popular soft drink giant for the IPL is a major breakthrough for the Indian cricket Board, which has been constantly battling rumours of fast-receding sponsorships in the wake of the global economic slowdown.


 http://www.expressindia.com/latest-news/Shah-Rukh-hits-jackpot-gets-Coke-to-sponsor-KKR/426049/


 








Pranab snubs Mamata















Berhampore/Kolkata (WB), Feb 21 (PTI) External Affairs Minister Pranab Mukherjee today virtually snubbed Trinamool Congress Mamata Banerjee for alleging that he was appeasing the Left Front government by attending foundation stone laying ceremonies ahead of Lok Sabha polls saying there should be no politics in development.
Without naming Mamata, Mukherjee, who is WBPCC president, said his involvement in development projects was not to help a particular political party but in the interest of the people.

"Mamata Banerjee may become the new chief minister but the same rule will be in force. There should be no politics in the matter of development," Mukherjee told reporters at Raghunathgunje situated in his Lok Sabha constituency of Jangipur in Murshidabad district.

Mukherjee said he would be present at the foundation-laying ceremony of East-West Metro corridor in Kolkata tomorrow at the invitation of the state government.

He said his presence in a state government-sponsored programme should not give an impression that he was helping any individual. "None was helped personally due to my presence." Mamata had said yesterday that she would tell Mukerhjee "not to encourage the CPI(M)" and ask him to reconsider attending such programmes. PTI

‘Boobs on Bikes’ parade to promote erotica show


Associated Press


Posted: Aug 20, 2008 at 1709 hrs IST


 


Wellington, August 20: Tens of thousands of people crowded the downtown area of New Zealand's biggest city on Wednesday to watch about 30 topless young women riding motorcycles and open-topped cars along the main street.


The annual ‘Boobs on Bikes’ parade - described as pornography by opponents and freedom of expression by the organisers - attracts a mainly male audience to Auckland's Queen Street. The lunch-hour parade is to promote a weekend erotica show in the city.

Thousands took pictures with digital cameras and cell phones while some sought out vantage points on top of phone booths, bus shelters and on balconies overlooking the route.

About 100 protesters, some carrying a banner reading ‘Pornography fuels sexual violence against women and children’, walked in front of the parade. Other protesters walked behind.


 http://www.expressindia.com/latest-news/Boobs-on-Bikes-parade-to-promote-erotica-show/351195/


 


Pranab Mukherjee - Wikipedia, the free encyclopedia


3 Feb 2009 ... Pranab Mukherjee was born in Mirati village near Kirnahar town, District Birbhum, West Bengal, on December 11, 1935, the son of Kamada ...
en.wikipedia.org/wiki/Pranab_Mukherjee - 48k - Cached - Similar pages -



Pranab - Wikipedia, the free encyclopedia


 

11 Dec 2008 ... Pranab is an Indian given name, common among Bengalis, Assamese,Oriya and Nepalis. ... Retrieved from "http://en.wikipedia.org/wiki/Pranab" ...
en.wikipedia.org/wiki/Pranab - 17k - Cached - Similar pages -

 

 


Sensex sheds nearly 200 pts; ICICI drags

Mirroring a decline on bourses across the world, the Bombay Stock Exchange benchmark Sensex on Friday shed hefty nearly 200 points to close below the 9,000 level for the first time in nearly a month.

The Sensex, which has lost 620 points in the first three days of the week, today dropped 199.42 points to end at 8,843.21, the lowest level since January 23. on Thursday, it had cut short its three-day loses by gaining nearly 27 points.

The National Stock Exchange index Nifty also lost 52.90 points at 2,736.45.

With the selling pressure spreading over a wide front, 28 stocks in the 30-share barometer ended with losses while two stocks-- ACC and Maruti Suzuki -- closed in the green.

Marketmen attributed selling pressure to Wall Street declining to record level overnight. Dow Jones Industrial Average closed down by 1.2 per cent to 7,465.95, the weakest level in 6 years, on another rise in unemployment claims which deepened fears of economic recession getting prolonged.

European indices also down by as much as nearly 3 per cent.

Reflecting the poor global cues, Asian markets on Friday closed lower in the range of 1-4 per cent.

On BSE, banking shares were again battered and sectoral took a hit of 3.49 per cent. Country's largest private sector lender ICICI Bank ended down by a hefty 7.07 per cent.

IT stocks, which attracted buying yesterday on rupee depreciation, however could not sustain it. BSE IT index ended lower by 2.69 per cent. India's biggest software exporter TCS at 3.23 per cent was among big Sensex losers. Infosys Tech also lost 2.46 per cent.

In US Hewlett-Packard lowered its profit forecast for the year and its stocks tumbled.

Scam-hit Satyam Computer, however, rose 1.73 per cent to Rs 45.45 after the Company Law Board allowed the company to induct strategic investor via an open bidding process.

HDFC, mortgage lender, fell 2.80 per cent to SBI was down 1.22 per cent.

Metal index was another heavy loser at 2.67 per cent, followed by teck index by 2.21 per cent. Oil and Gas index lost 2.17 per cent and capital goods index 1.95 per cent.

Realty index lost 1.93 per cent, PSU index 1.56 per cent power index 1.41 per cent, healthcare index 1.12 per cent, auto index 1.11 per cent and consumer durable index 1.09 per cent.

Small-cap index fell by 1.66 per cent to 3,160.59 and mid-cap index by 1.64 per cent to 2,791.72.

 










The Week

Protect jobs, says Pranab
Hindu, India - 19 hours ago
NEW DELHI: External Affairs Minister Pranab Mukherjee, who holds charge of Finance, on Friday stressed the need to protect jobs and retain employees, even ...
Pay cuts may be required to save jobs: Pranab Economic Times
Labour pains: Pranab proposes pay cuts to save jobs IBNLive.com
Cut pay but save jobs, says Pranab Daily News & Analysis
Business Standard - Khabrein.info
all 187 news articles »





Mamata raps Pranab for backing Left
Times of India, India - 15 hours ago
Just when a pre-poll pact between the two looked inevitable, Mamata Banerjee put the entire equation in jeopardy on Friday by personally targeting the ...
Stop praising CPM, Mamata tells Pranab The Statesman
Pranab snubs Mamata Press Trust of India
Mamata praise pinch to Pranab Calcutta Telegraph
SamayLive - Kolkata Newsline
all 24 news articles »






Fresh News

Pranab for cluster approach for helping MSMEs
Hindu, India - 6 hours ago
Jangipur (WB)(PTI): The 'cluster approach' should be taken to help the Micro, Small and Medium Enterprises(MSME) sector tide over the present economic ...
Pranab Mukherjee launches rural development programme in Bengal Thaindian.com
all 9 news articles »






Sify

Pranab defends response to terror
Times of India, India - 18 Feb 2009
NEW DELHI: Foreign minister Pranab Mukherjee on Wednesday strongly rebutted BJP's charge that the government's response to terrorism had been inadequate ...
Diplomacy has prevailed, asserts Pranab Hindu
Just pressure on Pak is enough: Pranab Economic Times
War with Pak not a solution: Pranab Hindustan Times
Calcutta Telegraph - Express Buzz
all 148 news articles »





Furore over Pranab’s statement
Hindu, India - 19 Feb 2009
NEW DELHI: The Sri Lankan Tamils issue disrupted proceedings in the Lok Sabha for the second day on Thursday with the Marumalarchi Dravida Munnetra Kazhagam ...
Swamy hails Pranab's statement on Lankan issue Express Buzz
Pranab must withdraw statement on Sri Lanka, insists PMK Sify
Efforts to bring in amendment to Pranab's statement: PMK Press Trust of India
Times of India - Chandigarh Tribune
all 31 news articles »






Thaindian.com

Military option not the only one: Pranab
Times Now.tv, India - 3 hours ago
In exclusive interview to TIMES NOW, External Affairs Minister Pranab Mukherjee has said that India does not believe a military solution is the only way out ...
Take up Lanka with Pranab: Sonia to PMK Express Buzz
Tamil forum seeks Sonia’s intervention Hindu
DMK leaders meet Sonia, discuss Lanka, poll alliance Asian Tribune
Daily Mirror - Thaindian.com
all 32 news articles »






Outlook

No wrongdoer will get away with it: Pranab
Hindu, India - 19 Feb 2009
NEW DELHI: Amid allegations that the Andhra Pradesh government is mishandling the Satyam scam issue, External Affairs Minister Pranab Mukherjee, holding ...
Government not to bail out Satyam: Pranab Times of India
Pranab: No plans to bail out Satyam NDTV.com
Guilty in Satyam scam to be punished: Pranab Indian Express
SamayLive - Thaindian.com
all 287 news articles »  BOM:500376






ABC News

India can't force Sri Lanka to take a particular line: Pranab
Hindu, India - 18 Feb 2009
The assertion by External Affairs Minister Pranab Mukherjee came after PMK and MDMK members expressed unhappiness over his statement in Lok Sabha on the ...
Pranab's statement at Lok Sabha Ministry of Defence (press release)
Chaos in LS after Pranab's statement on Lanka Times Now.tv
Vaiko slams Pranab's statement on Sri Lankan Tamils issue Indopia
Merinews - BreakingNewsOnline.
all 3,071 news articles »






Calcutta Telegraph

Pranab presents interim budget for 2009-10
MorungExpress, India - 16 Feb 2009
Indian Finance Minister Pranab Mukherjee, center, is flanked by officials as he poses with a briefcase containing a copy of the union budget after he ...
Maintaining 7-8% growth is our aim: Pranab SamayLive
Chidambaram says budget reflects UPA's 'can do' spirit Times of India
Social sector neglected in Interim Budget IBNLive.com
Economic Times - Moneycontrol.com
all 988 news articles »

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