Troubled Galaxy Destroyed Dreams, Chapter 240
Palash Biswas
News results for Life after AILA in Kolkata
After Aila, life limps to normal - 7 hours ago The day remained calm and life limped back to normal, in contrast to the furious ... After Aila moved away from Kolkata, there was a lull as the wind had ...Times of India - 1411 related articles »Dazed by Aila, Kolkata still reels on rubble - Indian Express - 8 related articles »After Aila, life limps to normal - Kolkata - Cities - The Times of ...
Regional Meteorological Centre, Kolkata, weather director G C Debnath said a sunny, clear sky was normal after a cyclone. After Aila moved away from Kolkata ...
timesofindia.indiatimes.com/Kolkata-/After-Aila-life-limps-to-normal/articleshow/4581839.cms - 7 hours ago - Similar pages -Aila batters Darjeeling hills - Kolkata - Cities - The Times of India
DARJEELING: A day after turning south Bengal into a lump of twisted mass, ... 'A 30-ft wall of water rushed towards us' · After Aila, life limps to normal ...
timesofindia.indiatimes.com/Aila-batters-Darjeeling-hills/articleshow/4581847.cms - 9 hours ago - Similar pages -
More results from timesofindia.indiatimes.com »Cyclone Aila Misses Kolkata - Hits Coastal Orissa and West Bengal ...
25 May 2009 ... Update 9:53 IST 26th May 2009 The Day After. Kolkata was saved the fury of Aila though the tail of the cyclone did hit the city, ...
www.nowpublic.com/world/cyclone-aila-misses-kolkata-hits-coastal-orissa-and-west-bengal - 48k - Cached - Similar pages -The Telegraph - Calcutta (Kolkata) | Frontpage | WHOOSH! calcutta ...
26 May 2009 ... Calcutta has been declared safe after Severe Cyclone Aila ... apart many other everyday symbols of life that Calcuttans had found no reason ...
www.telegraphindia.com/1090526/jsp/frontpage/story_11021195.jsp - 35k - Cached - Similar pages -Dazed by Aila, Kolkata still reels on rubble - Express India
27 May 2009 ... kolkata A day after Monday's rain fury triggered by cyclone Aila, life in Kolkata is slowly limping back to normal. ...
www.expressindia.com/latest-news/dazed-by-aila-kolkata-still-reels-on-rubble/466561/ - 10 hours ago - Similar pages -Kolkata spared worst of Aila, early monsoons set in WB
26 May 2009 ... Watch: Life comes to a standstill as Aila hits Bengal · Video ... Kolkata: West Bengal is struggling to get back on its feet after Cyclone ...
ibnlive.in.com/news/kolkata-spared-worst-of-aila-early-monsoons-set-in-wb/93409-3.html - Similar pages -After Aila, next cyclone to hit Asia will be called Phyan
Shutdown over professor's killing cripples life in Manipur ... May 25th, 2009 KOLKATA - Cyclone Aila pummelled coastal West Bengal as well as state capital ...
blog.taragana.com/n/after-aila-next-cyclone-to-hit-asia-will-be-called-phyan-66069/ - 21 hours ago - Similar pages -Cyclone Aila' claims 35 lives in West Bengal, Kolkata limps back ...
26 May 2009 ... Cyclone Aila' claims 35 lives in West Bengal, Kolkata limps back to normal ... Tyson's daughter on life support after found hanging ...
www.sindhtoday.net/news/1/14035.htm - Similar pages -Kolkata cyclone: cyclone aila, kolkata weather forecast, kolkata ...
kolkata cyclone Newskolkata weather, cyclone aila, kolkata weather forecast, kolkata storm ... against a strong wind and rain in Kolkata after the cyclone hit the state. lakh people besides paralysing normal life and disrupting flights. ...
ready2beat.com/educational/kolkata-cyclone-cyclone-aila-kolkata-weather-forecast-kolkata-storm - 23k - Cached - Similar pages -Experience of Cyclone AILA in Kolkata city « Azad Hind
27 May 2009 ... These guys only know one slogan, “plant trees, save life, save environment”. ... Marching orders were given only after the storm passed. ... Tagged: aila in kolkata, cyclone, cyclone aila, cyclone aila hit kolkata, ...
azadhind.wordpress.com/2009/05/27/cyclone-aila/ - 1 hour ago - Similar pages -
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Sundarvan pictures from scenery & nature photos on webshots
Sundarvan pictures published by buddhadebghosh. ... mangrove park at sudhanyakhali. last edit: Tue Apr 18 04:23:16 PDT 2006; comments: 0 ...
outdoors.webshots.com/album/549605752aAxTbz - 60k - Cached - Similar pages -Sundarvan in West Bengal Visit
15 Apr 2009 ... Sundervan is situated on the lower end of the Gangetic West Bengal, 22.00° N – 89.00° E, is this world's largest delta covered by mangrove ...
www.indiastudychannel.com/resources/58210-Sundarvan-West-Bengal.aspx - 29k - Cached - Similar pages -Bali Island Resort,Sunderbans Bali Island Resort,Bali Island ...
Sunderbans, world's largest delta coveredby mangrove forest and vast saline ... The only mangrove tiger land of India where 70% is under saline water makes ...
www.wildindiaguide.com/wildlife-resorts-india/bali-island-resort-sunderbans.html - 32k - Cached - Similar pages -The Betrayals | Palash Speaks
I also protested the movement purely on ecological ground as I believed that the Mangrove forest Sundar Van must be protected and Marichjhapi won`t solve ...
blogs.ibibo.com/Baesekolkata/the-betrayals - 131k - Cached - Similar pages -Sunderban National Park,Sunderbans Wildlife Park Tour,Sundervan ...
... sunderbans wildlife park tour, sundervan wildlife tour, travel sunderban ... The vast swampy delta extends over areas comprising of mangrove forests, ...
www.indiaholidays.indianconsultancy.com/wildlife-popular-parks/sunderbans-national-park.html - 32k - Cached - Similar pages -Excursion Aroud Sunderban National Park,Tour Packages India ...
... Sundervan, Sunder Ban Wildlife, Wildlife of Sunderban wildlife tours in ... The beauty of the mangrove forests and the presence of a large variety of ...
www.indianwildlife.org/the-national-parks-and-wildlife-sanctuaries-of.../Excursions-Around-Sundarban-National-Park.html - 19k - Cached - Similar pages -The Hindu Business Line Durga puja celebrations
We had the indigenous people from Sundarvan area of Khulna and Satkheera. ..... Sundarbans—the world's largest mangrove forest and home of the Bengal tiger. ...
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26 Aug 2008 ... On the mud banks, the mudskippers among the mangroves took me back to ... Vijayraj said yes, and the next year Sundarvan was started. ...
www.scribd.com/doc/5081868/wildpath - 265k - Cached - Similar pages -Feel America in Durga Puja Count Down! - Atheism | Google Groups
from Sundarvan area of Khulna and Satkheera. They worshipped the forces of Nature. ..... lies the Sundarbans—the world's largest mangrove forest and home of ...
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Chapter 145-212
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Sundarvan, a Nature Discovery Centre directory, “Status Report of EE in India” was .... forest area, mangroves and wetlands. ...
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Results 1 - 10 of about 785,000 for South Bengal delta. (0.38 seconds)
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BANGLAPEDIA: Bengal Delta
The main progradation of the delta is continuing to the south into the Bay of Bengal. The western inactive delta lies between the latitudes of 21°15´N and ...
banglapedia.search.com.bd/HT/B_0404.htm - 20k - Cached - Similar pages -- [DOC]
Dwellers of the Bengal delta are now facing a serious problem of ...
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Ganges delta development during the Quaternary in the Bengal Basin and it relation to ... New dates of Pleistocene subcrop samples from South Bengal, India. ...
www.physics.harvard.edu/~wilson/arsenic/remediation/Reports/GEOSAS.doc - Similar pages -
by MN Uddin - Cited by 2 - Related articles - All 3 versions Geology: Large sedimentation rate in the Bengal Delta ...
siding Bengal Delta (Morgan and McIntire, ... southward-dipping sequences south of the east- .... into the delta plain, and active sedimentation took ...
geology.geoscienceworld.org/cgi/reprint/26/6/487.pdf - Similar pages -
by HU Worm - 1998 - Cited by 6 - Related articles - All 5 versions- [PDF]
Railways and the water regime of the Eastern Bengal Delta, c. 1905 ...
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Bengal Delta, a veritable home of a great fluvial regime, .... the beel filled from the north-west and south-west, the feeding was intersected by the ...
www.sasnet.lu.se/EASASpapers/13IftekharIqbal.pdf - Similar pages - Applied Geochemistry : Groundwater As mobilization in the Bengal ...
In West Bengal, almost the entire Gangetic delta, barring only a few pockets in South 24 Parganas district (a part of the lower Gangetic delta), ...
linkinghub.elsevier.com/retrieve/pii/S0883292703000611 - Similar pages -
by R Bhattacharyya - 2003 - Cited by 7 - Related articlesThe Bengal Diaspora
"The Bengal Diaspora: Bengali Settlers in South Asia and Britain" ... Fieldwork in the Bengal delta will be conducted primarily by Dr. Annu Jalais ...
www.lse.ac.uk/collections/CWSC/bengal_diaspora_project.htm - 6k - Cached - Similar pages -Intute: Arts and Humanities - Search results
Search term(s), Bengal Delta. Results, 1. Harvester results, View results (What's this?) ... Bengal diaspora : Bengali settlers in South Asia and Britain ...
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'Orange sand' – A geological solution for arsenic pollution in ...
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Characteristics of orange sand vis-à-vis grey sand in the Bengal delta ... been drilled from Baruipur in the south to Malda in the north, ...
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by OP Singh - 2008 Codeposition of Organic Carbon and Arsenic in Bengal Delta ...
(A) Arsenic concentrations in groundwater are highest (in south-central ... Histori cally, the Bengal delta, along with the middle and upper flood plains of ...
pubs.acs.org/doi/abs/10.1021/es060722b - Similar pages -
by AA Meharg - 2006 - Cited by 17 - Related articles - All 6 versionsGeology and Tectonics of India: An Overview - Google Books Result
by M N Balasubrahmanyan, International ... - 2006 - Geology - 204 pages
13.1. Tectonic Map of Ganga Basin (modified after Mahadevan, 2002). Bengal Delta The Bengal delta comprises of lateritic uplands in the west followed in the ...
books.google.co.in/books?isbn=493892515X... -
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Tigress enters home to escape cyclone furyPress Trust of India - 2 hours ago Gosaba (WB), May 27 (PTI) A family hit by the ferocity of cyclone Aila in a village near the Sundarbans had a bigger shock awaiting them when they found a ... Cyclone Aila death toll rises to 168 in India, BangladeshMetro Canada - Ottawa - 40 minutes ago AP CALCUTTA, India - The death toll from Cyclone Aila in eastern India and Bangladesh rose to at least 168 on Wednesday, officials said, while heavy rains ... 24000 homeless in SunderbansTimes of India - May 25, 2009 Control rooms have been set up at Canning and Gosaba. We have also asked some NGOs to provide relief to the people." At the village of Bali, also in Gosaba, ... Four lakh affected in South 24 Parganas: CMSamayLive - May 26, 2009 A large number of people in Pathar Pratima and Gosaba are awaiting rescue, he said. He said the prime minister and finance minister had rang him up to know ... Cyclone Aila death toll reaches 82, rescue onTimes of India - 15 hours ago "We'll also seek the army's help to reach assistance to Pathapratima, Gosaba and Basanti Island," he said. Addressing hundreds of homeless villagers at a ... Video: Cyclone Floods Bangladesh, India  The Associated Press Video: Cyclone Floods Bangladesh, India The Associated Press CM promises funds, relief in NimpithTimes of India - 7 hours ago All the 13 blocks of South 24-Parganas, such as Patharpratima, Basanti, Gosaba, Kakdwip and Raidighi, have gone under water as the rivers swelled, ... Mamata stays back, to take charge in city todayTimes of India - May 25, 2009 Eight BSF teams moved to Sagar, Namkhana, Patharpratima, Gosaba, Sandeshkhali. Hingalganj. Hasnabad and Basirhat in North and South 24-Parganas with boats, ... Where Opp is confidentThe Statesman - May 12, 2009 In the 2008 panchayat elections, the Trinamul trounced the CPI-M and RSP in Gosaba and Canning (West). The Suci took control in the Joynagar block I. As ... One neglected industry, the other educationThe Statesman - May 9, 2009 Though Mr Mondal claims he had recommended a lot of development projects for the people living at Canning, Gosaba and Basanti, he blamed the media for ... Sundarbans residents vote happily in home islandsSamayLive - May 13, 2009 Gosaba (West Bengal): Ashok Mondal of Jamespur village walked 45 minutes to reach his polling station Wednesday. He was happy he didn't have to travel hours ... |
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Budget will be presented in first week of July: PranabTimes of India - 14 hours ago Besides divestment in certain public sector undertakings, the government is planning to raise funds largely through borrowings. ... Not looking at divestments currently: MTNLMoneycontrol.com - May 25, 2009 RSP Sinha, CMD of MTNL, said the company didn't have any divestment plans as of now. He added it is planning a venture in South Africa too as they see huge ... Disinvestment process picks up momentum againNDTV.com - May 25, 2009 ... former Secretary of the Department of Divestment. Already in the pipeline are two proposals, oil and gas explorer Oil India and National Hydropower ... Stocks to watch: ONGC, RIL, Ranbaxy, Reliance Infra, Mphasis, Era ...Economic Times - May 24, 2009 The new UPA government plans to cap profits of crude oil producers such as Oil & Natural Gas Corporation, Oil India, Reliance Industries and Cairn India as ... Next chapter on economic reformsEconomic Times - May 23, 2009 "We will support reforms in pension, insurance sector and divestment which our government was pursuing when we were in power. In banking sector reforms, ... The helping hand?Business Standard - May 24, 2009 The government's push for divestment in some public sector companies is not without reason. Such a move could provide the government with the much needed ... US Fed requirement stalls PNB-Allied mergerInquirer.net - 16 hours ago However, the Fed said it could not allow the merger without the divestment of shares in Oceanic Bank. Omar Byron Mier, president and chief executive of PNB, ... Indian 10-year yield flat; borrowing plan eyedReuters India - 20 hours ago "Fear of additional borrowing in June, fiscal stimuli by new government are negative for bonds, but if it opts for divestment in state-run companies, ... Fund-raising: IPO mkt to come alive soon, says CitigroupMoneycontrol.com - 2 hours ago Q: QIPs have started it, next there will be IPOs from the government and maybe some partial stake sales as divestment. Do you think there is a risk of ... Air India divestment back on the tableWall Street Journal - May 21, 2009 With the Left parties off its back, the new government has brought the disinvestment of Air India back on its agenda. The proposal had been first mooted ... |
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News results for Divestment in India
Air India divestment back on the table - 5 days ago With the Left parties off its back, the new government has brought the disinvestment of Air India back on its agenda. The proposal had been first mooted ...Wall Street Journal - 6 related articles »When was India's divestment ministry formed?
Although the process of divestment in India began right from 1991, a ministry for it was formed only on December 10, 1999 under the Atal Bihari Vajpayee ...
www.rediff.com/money/2003/nov/13quiz.htm - 30k - Cached - Similar pages -rediff.com: Money channel - The Divestment Development homepage
December 13, 2005. No decision on SCI divestment · India keeps selloff pot boiling ... 2008 Rediff.com India Limited. All Rights Reserved. ...
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More results from www.rediff.com »Air India divestment back on the table
23 May 2009 ... Bs Reporter, Air India divestment back on the table, UPA, NDA, Air India.
www.business-standard.com/india/news/air-india-divestment-backthe-table/358870/ - 111k - Cached - Similar pages -Shedding Skins: The Materiality of Divestment in India -- Norris 9 ...
Grounded in research in contemporary urban India, it is argued that it is in the act of divestment that the capacity for the recreation of the self is made ...
mcu.sagepub.com/cgi/content/abstract/9/1/59 - Similar pages -
by L Norris - 2004 - Cited by 6 - Related articles - All 2 versionsDepartment of Disinvestment Welcomes You
The
Department of Disinvestment was set up as a separate department on
10thDecember,1999 and was later renamed as Ministry of Disinvestment
from ...
www.divest.nic.in/ - 9k - Cached - Similar pages -NHPC, OIL, RITES set for divestment | India News
Divestment
of the government's stake in public sector undertakings may kick off
within three weeks of the new government taking over, according to a
senior ...
news.pluggd.in/nhpc-oil-rites-set-for-divestment-221/ - 44k - Cached - Similar pages -Divestment key to IPO revival | India News
The rebound on Dalal Street could have a rub-off effect on the primary market. But a great deal hinges on govt's reforms agenda.
news.pluggd.in/divestment-key-to-ipo-revival-221/ - 43k - Cached - Similar pages -Government to sell 8% in Maruti Udyog; divestment in India, Indian ...
3 Sep 2005 ...
The Centre is planning to sell a part of its stake in Maruti Udyog Ltd
in an attempt to mop up resources for its job guarantee and ...
www.dancewithshadows.com/business/maruti-stake-sale.asp - 27k - Cached - Similar pages -Karat consented to divestment: Govt - India - The Times of India
6 Oct 2006 ... In a language similar to Left's discourse, government's reply justifies divestment in non-navratna PSUs as "democratisation of ownership ...
timesofindia.indiatimes.com/articleshow/2100749.cms - 46k - Cached - Similar pages -The Hindu : Criteria for sequencing divestment
24 Aug 2000 ... Divestment in India has unfortunately been viewed as a reluctant political medicine rather than as something that may actually offer ...
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NTPC says no to divestment, Dabhol Power27 Sep 2001, 2312 hrs IST |
government is going ahead aggressively with the disinvestment of psus, national
thermal power corporation (ntpc) on thursday said that this was not the right
time for disinvestment in ntpc. "we feel that the government should go for
disinvestment in ntpc only after completion of power sector reform to get better
value for its equity in the corporation," ntpc chairman and managing director
c.p. jain told reporters. the government has invested about rs 24,000 crore in
the corporation, jain said, adding with the power sector reform, the returns and
dividend to government should go up substantially and then it would be the right
time to think of disinvestment. meanwhile, jain clarified that the corporation
was not interested in buying equity in the enron-promoted dabhol power
corporation saying that the"corporation does not think that the option was
commercially viable." he, however, refused to comment on the issue and said that
ntpc had to clarify its position to government as some of the financial
institutions had suggested ntpc buying equity in the disputed dpc project for
resolving the matter.
http://timesofindia.indiatimes.com/articleshow/860286107.cms
But it is all set for DIVESTMENT and Hard Sell in PSUs in Indian Power Sector under Hundred days action Plan of Mass Dstruction. Meanwhile, the Divided Geopolitics was hit by Cyclone AILA which died Natural death but Killed from TOE to TOP in India and Bangladesh. Just before this Calamity we had been witnessing the TAMIL Plight as Prabhakaran and LITTE had been wiped off. We saw a RESHUFFLE in Power Politics in India and Nepal. How may Pakistan be untouched? And look, Pakaistan Bleeds once again in Terror Strike!
It’s not just residents of Kolkata who bore the brunt of Cyclone Aila.
Forest wardens fear that as the cyclone tore through the
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mangrove forests, it may have killed more than a dozen of the highly endangered
Bengal tigers.
As the human
toll from Monday’s cyclone rose to 64, beat officers and range officials
in the Sunderbans feared hundreds of herbivores and at least a dozen tigers
might have been swept away by the giant waves that lashed the forests. While a
tiger had sneaked into the Jamespur village wading through the flood waters and
was tranquillised early on Tuesday morning, 20 crocodiles and two spotted deer
were found dead.
The full
extent of damage will be known only after an assessment by forest teams. As per
the last census, the Sunderbans had 265
tigers.
GM to launch biofuel vehicles in Thailand
27 May 2009, 1410 hrs IST
General Motors Corp. plans
to launch vehicles that can run on biofuel later this year in Thailand,
which is offering incentives to cut reliance on gasoline, a senior
official said on Tuesday.
Indian healthcare market to grow despite slowdown: McKinsey
27 May 2009, 1353 hrs IST
Notwithstanding the
current global economic crisis, India's pharmaceutical industry and its
health care market are expected to grow rapidly in the next few years,
a global management consulting firm has said.
http://economictimes.indiatimes.com/News/articlelist/1715249553.cms
Rescuers are searching the rubble of a police
building in Lahore after a bomb attack killed at least 45 people and
injured 250 in Pakistan's second city.
Gunmen reportedly
opened fire on guards before detonating a car bomb which flattened the
emergency response building at police HQ.
Nearby offices of the ISI intelligence service were also damaged.
The interior ministry chief linked the attack to Taliban insurgents whom troops are battling in the Swat valley.
"Enemies of Pakistan who want to destabilise the country are coming here after their defeat in Swat," Rehman Malik said.
"There is a war and this is a war for our survival," he added.
Previous attacks on Lahore, Pakistan's second-largest city, were also blamed on the Taliban.
Captains of Indian industry
are likely to meet Finance Minister Pranab Mukherjee on June 1 as the new UPA
government gets down to prepare its first Budget in the second term.
I have written earlier how the Zionist Desi Illuminati India incs have Taken over the government of India,Polarising HINDUTA forces and Caste Hindu Vote bank with professional Management and Manipualtion suported by Shankaracharyas, intellgentsia, Civil society,Media,CIA and Mossad! Manusmriti RULE continues with Ruling Hegemonies across the Political borders in this Geopolitics are in FULL CONTROL and Practive to defend the Zionist US Corporate Imperialist as well as Fascist interests under Strategic realliance in US Israel lead.
We have beenwatching how Media and India INCS have set the Hundred Days` agenda for the Killingfields Countrywide in India. pranab is the Political face of ECONOMIC Killing moderately called Reforms or Liberalisation as Privatisation is strategically termed as DISINVESTMENT!
The government is ready to deliver further fiscal stimulus to arrest a
slowdown in growth, the finance minister said on Tuesday, but
prudence was also a
priority.
Pranab Mukherjee said
stimulus steps taken since late 2008, including cuts in duties and extra
spending, were having an impact and the government would take further measures
to revive activity, although some sectors such as textiles were badly
hit.
"What is needed right now
is the stimulus to the growth. But at the same time, we cannot lose our sight,
that we cannot indulge in fiscal profligacy," Mukherjee told a news channel when
asked if more stimulus measures were
planned.
Meanwhile, the President of India has also set the Tune of her Governance Music!
President Pratibha Patil on Wednesday said stimulating consumer demand
and creating confidence in institutions and markets can help
| |
downward trend in the global economy.
"Stimulating consumer demand
and creating confidence in institutions and markets is one of the focal areas
for tackling the situation. This requires products that meet standards of
quality and services that have an assurance of safety," Patil said after
inaugurating a meet of the Committee on Consumer Policy, an ISO body, here.
Highlighting that the impact of the financial meltdown on India has
been less because of strong domestic consumer demand, the President said, "...
for us consumer protection is of great significance both as part of a sound
business
growth."
Stressing on evolving a network of institutions to
safeguard interest of consumers, Patil said, "A legal system and a strong
dispute redressal mechanism must also be in place. This can make consumer
protection effective and meaningful, nationally and internationally."
"We have a Consumer Protection Act at the national, state and
district levels. These courts have delivered landmark judgments in many spheres
and have been a constant source of hope to consumers," the President said.
On Saturday, Mukherjee
had said efforts would be made to insulate the economy from the global financial
crisis and slowdown, and media reports have said the additional spending could
be equal to 0.5-1.0 percent of gross domestic
product.
Finance Secretary
Ashok Chawla told media finance ministry and Reserve Bank of India officials
would meet on Saturday to finalise a revised borrowing plan for June, sending
bond yields higher on concerns of more supplies.
According to its borrowing
calendar, the government is expected to borrow Rs 48000 crore ($10 billion) of
bonds between May 29 and June
26.
WTO awaits nomination of Indian commerce minister! Washington and Its Financial hands do Control FINMIN, RBI and Indian Trade and Commerce, Industries and Defence as well as Internal Security! Thus,he World Trade
Organisation today said it is awaiting nomination of India's Commerce Minister
for making headways towards
| |
protracted Doha Round of negotiations.
"We... have seen elections in
India and are awaiting the nomination of the Commerce Minister," WTO Director
General Pascal Lamy said in his report to the General Council of the 153-member
multilateral trade body.
Lamy said while the economic crisis has
worsened since the beginning of the year, "the political atmosphere in the
negotiations has improved. We have seen an increasing level of political
engagement and clear signals of renewed commitment and support for a rapid
conclusion of the Doha Round".
India, Brazil, South Africa and China
are the key leaders of the developing nations at the WTO negotiations. The US
and the European Union mainly represent the developed countries.
India's senior Cabinet Minister Kamal Nath, who held the Commerce
portfolio in the previous United Progressive Alliance government, spearheaded
the cause of the developing countries in crucial fora like the G-20 and G-33.
The Cabinet expansion and naming of key portfolios, including
Commerce, is scheduled for Thursday.
Indian banks, all of which are
making profits, have more scope to further lower their lending rates, Reserve
Bank of India Deputy
| |
"Banks are all
profitable. There is much more room for banks to cut their lending rates,"
Reserve Bank of India Deputy Governor Rakesh Mohan said.
Mohan
observed that Indian banking system has stayed insulated to the global financial
crisis, drawing strength from prudent regulations, healthy capital-base and
negligible exposure to toxic assets.
"We have, as of now, no banking
problems in India and non -performing assets (NPAs) continue to be low," Mohan
said.
Though credit growth continues to be high, banks have not done
well in providing adequate loan support to fund starved SMEs, Mohan said.
In order to improve credit flow to tiny units, banks need to revisit
the risk assessment criteria of their SME clients, Mohan said.
Pranab and India Incs are set for a STRAIGHT go to preempt whatsoever Possible Resistance as the DETHRONED marxist have MONOPOLY inTrade Unions and Mass Movements!
The corporate
Ratan Tata, Mukesh Ambani, Anil Ambani, Kumarmangalam Birla, Harsh Pati
Singhania, Venugopal Dhoot, Sunil Bharti Mittal and Sajjan Jindal, according to
industry sources.
Industry expects Mukherjee to present a budget
that will address the issue of slackening growth through focus on investment
particularly in the infrastructure sector.
A delegation of the
Confederation of Indian Industry (CII) had already met Mukherjee, even before he
took charge yesterday, giving him a detailed pre-Budget memorandum that outlines
specific measures to put the economy back on fast track.
"We
presented our pre-budget memorandum to the Finance Minister at his residence on
Sunday. We want focus on economy, growth and infrastructure," said CII Director
General Chandrajit Banerjee.
Faced with the challenge of revving up
the economy, Mukherjee started consultation with the top officials on budget
soon after taking charge yesterday. The union budget would be presented in the
first week of July with focus on 'Aam Admi', Mukherjee said.
Challenges posed by Naxals,
operationalisation of proposed NSG hubs and the National Investigation Agency
are likely to be top in the
Ministry and to be implemented from June one.
The action plan,
prepared following the directive of Prime Minister Manmohan Singh, is likely to
take care of security threat emanating from Naxal menace and sectarian violence,
home ministry sources said.
The plan also aims to operationalise the
NSG regional hubs in Mumbai, Kolkata, Hyderabad and Chennai within the next 100
days so that the specialised commando force could be stationed in the four major
cities, they said.
The home ministry also plans to expedite
recruitment process of the NIA in the next 100 days as the agency was yet to
take its full shape, the sources said.
Following the Mumbai terror
attack, the government had announced that it would set up four NSG hubs and
constituted the NIA empowering it to take up all terror-related cases, having
inter-state ramifications, for investigations.
The ministry had
launched a 100-day Action Plan beginning February 21 and it was "substantially
implemented".
Ahead of the listing of state-run firms Oil India (OIL) and NHPC, the
finance ministry is chalking out a foreign road show calendar
| |
attracting institutional investors to the initial public offerings (IPO) and
proposed follow-on public offerings (FPOs).
The road show for OIL,
led by an inter-ministerial group, is expected to start in early August,
followed by that for NHPC if market conditions remain stable, a finance ministry
official told ET on conditions of anonymity.
While OIL is planning a
Rs 1,300-crore IPO, NHPC plans to raise an estimated Rs 2,500 crore through the
offering. Piggy-backing on these issues, the government also wants to offload
10% in OIL and 5% in NHPC.
The piggy-backing route was adopted first
during the NTPC IPO, where the government offered 5% of its stake along with the
public offering. Both NHPC and OIL are expected to be listed before
September-end, before the regulatory approvals by capital market ergulator Sebi
lapse. The government holds a 98.13% stake in OIL while NHPC is a 100%
state-owned company.
OIL’s lead managers for IPO are HSBC,
Citigroup and Morgan Stanley. NHPC, a hydroelectric power generating company,
has SBI Capital Markets, Kotak Mahindra Capital Company and Enam Securities
Private as its lead managers.
“We had called off the
three-week-long foreign road shows planned for OIL last November as market
conditions had deteriorated and investor appetite took a beating. But the
scenario has changed now. The inter-ministerial group will be meeting foreign
institutional investors in select cities and will explain the prospects to
them,” the official said.
The foreign cities that the
inter-ministerial teams will be visiting are yet to be finalised. The team for
road shows will include board members, representatives from respective
administrative ministries, and finance ministry officials.
With
disinvestment gathering steam, the government is expected to tap foreign
investors for many of the upcoming IPOs and FPOs.
“The question
of tapping foreign investors depends on the sector in which you are planning the
listing or dilution of stake. Public sector enterprises that cater to the
domestic market may not figure in the investment plans of foreign investors. But
foreign investors have shown interest in sectors such as oil, power and
railways,” the official added.
India Inc aims for 10 per cent growth for next 10 years, Economic Times reports:
Top Indian industrialists would be meeting the newly appointed Finance Minister
Pranab Mukherjee on June 1 in New Delhi for pre-budget
| |
wants the government to aim for 10 per cent economic growth for the next 10
years in order to make India the next economic superpower.
The
meeting will be attended by Chairman of Tata group, Ratan Tata, Aditya V Birla
group chairman, Kumar Mangalam Birla, Reliance Industries chairman, Mukesh
Ambani, ADAG group chairman Anil Ambani, Videocon group Chairman Venugopal
Dhoot, Infosys co-founder, Nandan Nilekani, JSW Steel vice-chairman, Sajjan
Jindal, Assocham President Harshpati Singhania, and Bharti group chairman, Sunil
Mittal among others.
Speaking to ET, Venugopal Dhoot said the
government should take a long term view of the economy by preparing a master
plan so that the country can achieve ten per cent growth. "This is the time for
India to create history. As rest of the world is still grappling with recession,
India is still growing at 6% rate. The government shouldtake a long term view of
the economy by giving incentives for labour intensive units," Dhoot said. "India
will have to create employment keeping in mind the highly educated new
generation workforce which is coming into the labour market," Dhoot
said.
Dhoot said infrastructure spending is the need of the hour and
the India Inc is ready to take up projects which would help in nation building.
"The private-public partnership projects should be encouraged and as in the past
Indian companies will come forward to take up ports, airports, and bridge
projects."
Talking to ET, Vice Chairman of JSW Steel, Sajjan Jindal
said the immediate priority of the government should be to give a kick-start to
the Indian economy which is showing signs of a slowdown. "The government should
give a push to the small and medium sized enterprises as they employ a lot of
people. A push to the exports growth is also the need of the
hour."
To achieve this, Jindal says the government must reduce the
high interest rates which are currently discouraging investments in the country.
"Although the interest rates have come down, it is still not at a very
comfortable level. We will ask him for an action plan to bring down the interest
rates further."
Other industry leaders told ET that the government
should increase spending in infrastructure and relax foreign investment norms
for the retail and aviation sector. Arun Nanda, executive director of Mahindra
and Mahindra wants the government to invest in building social infrastructure
like school and hospitals.
http://economictimes.indiatimes.com/News/News-By-Company/India-Inc-aims-for-10-per-cent-growth-for-next-10-years/articleshow/4583029.cms
It is rather FUNNY to read that The finance ministry has
started preparing Budget 2009, which is likely to focus on the poorer sections
of the society as the Congress-led coalition looks at consolidating its
electoral gains as ECONOMICTimes reports further!
The budget would be presented in the first week of
July with focus on aam aadmi and a special attention to sectors like textiles
and IT that were hit hard by the global financial meltdown, finance minister
Pranab Mukherjee said on Tuesday.
Mr Mukherjee met former Planning
Commission deputy chairperson Montek Singh Ahluwalia on Tuesday, while ministry
officials are gathering inputs from various departments.
Officials
of the Controller General of Accounts (CGA), the internal auditor of the
government, met finance ministry officials to discuss the government’s
spending in the last financial year.
The government is assessing the
ground-level implementation of the measures announced as part of the two fiscal
stimulus packages in December 2008 and January 2009, said an official who asked
not to be named. The Congress party had promised in its pre-poll manifesto that
it would raise wages under the National Rural Employment Guarantee Scheme
(NREGS), legally guarantee food to the poor and expand the coverage of the
health insurance scheme for the poor.
The new government is also
expected to address the grievances of export-oriented sectors as they account
for nearly a fifth of the country’s total annual economic
output.
“We have to pay heed to the sectors that have been
impacted the most (by the economic downturn). Exports and IT are among the worst
hit,” Mr Mukherjee had told ET last Sunday in his first media interview
after being named the finance minister.
The government is also
expected to redraw its roadmap for reducing fiscal deficit in the budget. The
government is believed to have crossed the revised fiscal deficit target of 6%
in the last financial year and looks set to cross the 5.5% estimate for this
year.
Senior officials at the finance ministry and the Reserve Bank
of India will meet on May 30 to review the borrowing needs for the first half of
the fiscal year, finance secretary Ashok Chawla said.
According to
the borrowing calendar, the government is expected to sell Rs 48,000 crore worth
of bonds between May 29 and June 26. It has outlined record gross market
borrowing of Rs 3,62,000 crore in 2009-10.
Reuter reports:
Reviving growth momentum is a top priority for ruling coalition that won
a second term but fiscal prudence will also be kept in mind,
Pranab Mukherjee said on Wednesday.
Addressing a press conference,
Mukherjee said the industry and business have been hurt by cost of finance.
He also said that banks may
take advantage of the monetary policy and make cheap credit available. He added
that the RBI has repeatedly said that commercial banks had more room to cut
rates.
Pranab Mukherjee said he
would be able to announce the full-budget for 2009/10 by the first week of July
and try to get it approved by July 31.
Whereas, analysts feel that
union budget will focus on improving the funding situation by maintaining
liquidity and further lowering interest rates, and through this kick-start the
economy. Here are few comments by analysts on Pranab Mukherjee's press
conference.
"The finance
minister has clearly laid down the priorities that the budget may encompass to
revive the economy. In addition to higher allocations towards infrastructure,
both physical and social, we expect the budget to equally emphasise on policy
issues to address the funding impediments. It is apparent that the disinvestment
agenda is expected to revive in a big way. "Importantly the finance minister,
while emphasising growth, has also given attention to fiscal consolidation. We
infer that while higher spending is on cards, financing of higher spending may
come from disinvestment proceeds and 3G auction money. As such, fiscal deficit
is likely to see a lower number in the budget versus interim budget fiscal
deficit number." Shubhada Rao, Chief Economist, Yes Bank, Mumbai.
"This year's union budget will
assume significance from the perspective of pushing ahead structural reforms.
Since three fiscal stimulus (packages) are already out and since the finance
minister has spoken about fiscal consolidation, the thrust of the budget will be
on pending structural reforms that will improve the overall competitiveness and
efficiency of the industries rather than just pumping in money. "The focus is
going to be on infrastructure industries which have strong forward linkages and
which is a must in view of the broader industrial slowdown," Rupa Rege Nitsure,
Chief Economist, Bank of Baroda,
Mumbai.
"We agree with the
finance minister's emphasis on growth over narrowing the fiscal deficit in the
near term. We believe that an acceleration of growth itself will increase
government revenues in the medium term, thereby automatically narrowing the
fiscal deficit. "Between the near and medium term, if the government follows
through on divestment, that would be an additional positive," Atsi Sheth, Chief
Economist, Reliance Equities, Mumbai.
"At this point of time
it looks difficult for the government to stick to its fiscal deficit target
announced at the interim budget, but it is possible they have identified some
revenue sources. Hence one needs to see what happens finally in the budget," A
Prasanna, Analyst, ICICI Securities, Mumbai.
"Clearly the major policy
issues, whether divestment, possibility of additional borrowing, decontrol of
oil and fertiliser prices; on all these issues this government is yet to
finalise its stance." "But its focus is clearly on improving the funding
situation by maintaining liquidity and further lowering interest rates, and
through this kick-start the economy." "As of now, I won't say there is any huge
indication of borrowing being increased, as even if the expenditure is more than
what is stipulated in the vote on account, this can come from other sources of
funding like 3G spectrum auctions or limited decontrol of oil prices." "My focus
will be more on state borrowing, as this is a big unknown and because this can
be a big change," Sujan Hajra, Chief Economist, Anand Rathi Securities,
Mumbai.
India's external liabilities rise on FII outflows
PTI
NEW DELHI: Withdrawal of money by FIIs
from capital markets has resulted in India's net external liabilities increase
by 14.6 billion dollars to
| |
fiscal against the preceding quarter.
"Net claim of non-residents on
India as reflected by the net International Investment Position
(assets-liabilities) of India as at end-December 2008, increased by USD 14.6
billion to USD 80.1 billion," the central bank said in a statement.
The net IIP (the stock of external financial assets less the stock
of external financial liabilities) shows the difference between what an economy
owns in relation to what it owes, the RBI said.
"This decline was
mainly attributed to outflow by FIIs from portfolio equity investment during
Oct-Dec 2008 and also on account of the effect of valuation changes," it added.
The bank further said the share of non-debt liabilities to total
external financial liabilities declined to 44.9 per cent at end-December 2008
from 46.6 per cent mainly due to equity out flow by FIIs.
The IIP
was a negative USD 65.5 billion at the end of September 2008.
Both
external financial assets and liabilities have declined during the first three
quarters of the last fiscal (for which data is available). However, assets have
fallen more sharply than the liabilities.
The total assets declined
by USD 16.7 billion to USD 340.3 billion as at end-December 2008 over the
previous quarter mainly due to fall in reserve assets to the tune of USD 30.4
billion.
While, the total external financial liabilities declined by
USD 2.2 billion over the previous quarter at USD 420.3 billion as at
end-December 2008.
The financial assets consist of the country's
financial claims on non-residents and financial liabilities consist of the
country's financial liabilities to non-residents, the RBI said.
'India's power generation capacity 68 pc below target in FY09'
PTI
MUMBAI:
India's power generation capacity might have gone up by about 3,500 MW in fiscal
2009, but the capacity addition was dismal as it was
| |
target of 11,061 MW set for the period, an economic think-tank has said.
Power generation is, however, expected to grow by 4.6 per cent this
fiscal as projects with a capacity of 7,730 MW are likely to commence generation
in FY10, Centre for Monitoring Indian Economy (CMIE) said.
"The
total installed power generation capacity in India rose by 3,453.7 MW during
April-March 2008-09. This is 68.8 per cent below the capacity addition target
for 11,061 MW set for the period," CMIE said it in May review. During 2009-10,
projects with a capacity of 7,730 MW are expected to commence generation, it
said.
"This, together with a higher availability of coal and gas, is
likely to result in an acceleration in thermal power generation growth. We
expect total power output in India to rise by 4.6 per cent during 2009-10," CMIE
said.
The revival in hydro-power generation will bolster growth in
total power generation, but at a moderate pace, it added.
At
present, India's total installed power capacity stands at 1,47,402.81 MW.Of
this, 93,392 MW is generated from thermal and 36,647.76 MW is from hydro.
DLF, Mundra SEZ plans to be reviewed
ET Bureau
NEW DELHI: The board of approval for
special economic zones (SEZs) is scheduled to meet on June 2 to take up a host
of cases, including Adani
| |
capacity at Mundra port SEZ in Gujarat, DLF’s proposal to denotify four of
its SEZs and several proposals to set up SEZs.
As per the agenda, 21
requests for extension of validity of formal approvals made by
companies—including NIIT, HCL, L&T and Orientcraft, which had been
considered and granted extension for one year while the BoA was not
meeting— would be considered for formal clearance. The BoA will take up 19
proposals for setting up SEZs, three of them fresh and sixteen of them deferred
in earlier meetings.
Besides these, proposals related to requests for
authorised operations and appointment of co-developers will also be taken
up.
Adani Power’s request for further increasing the power
generation capacity of its power sector SEZ at Mundra from 2,640 mw to 5,040 mw
was considered in the BoA’s last meeting in February 2009. BoA had asked
the government of Gujrat, which has signed an MoU with Adani power for
generating 5,000 mw power, to come back with a clear plan for power utilisation.
The state has now come up with its new projections, which will be considered in
the June 2 meeting.
How the economic slowdown impacts SEZs is evident
in the agenda in the form of requests for denotification, withdrawal of
approvals and extension of validity of approvals set to
lapse.
Cash-strapped DLF, which put up four of its IT/ITES SEZs in
Gujarat, Haryana, West Bengal and Orissa for denotification, stated that the
reason for the decision was a slow down in the economy and a liquidity crunch in
the overall industry.
Madhya Pradesh, IL&FS tie up to develop industrial zones
IANS
BHOPAL:
The Madhya Pradesh government has signed an agreement with IL&FS
Infrastructure Development Corp (IIDC) for the development of three
| |
zones under the central government's ambitious Delhi-Mumbai Industrial Corridor
(DMIC) project.
This project will prove to be a milestone in the
future industrial development of the state, Minister for Commerce, Industry and
Employment Kailash Vijayvargiya said Tuesday.
The agreement was
signed Monday between Madhya Pradesh Trade and Investment Facilitation Corp
(Trifac) and IIDC.
Under the deal, Trifac and its partner firm will
jointly work to develop three industrial areas - Ratlam-Nagda Investment Region,
ShajapurDewas Industrial Area and Neemuch-Nayagaon Industrial Area, an official
of the state Industry department told IANS.
"Trifac has appointed
IIDC as the project management consultant for the development of the investment
nodes as per the conditions laid down in the agreement," said the official, who
did not want to be identified.
The 1,483-km long DMIC, which is
expected to cost $90 billion, passes through five states with a series of
industrial zones that will be serviced by a string of dedicated freight
expressways, rail links and other facilities.
According to
government reports, once the DMIC project is complete, the employment potential
will double and the industrial output will go up three-fold in five years.
Govt to fast track Rs 20k cr road projects
ET Bureau
NEW DELHI: With elections over, the
government will soon consider clearing 21 infrastructure projects
cost of about Rs 20,000 crore,
| |
agencies and private sector developers.
The model code of conduct
for public servants during the national polls had forced central and state
agencies to put on hold new public private partnership (PPP)
projects.
The PPP appraisal committee, chaired by finance secretary
Ashok Chawla, will soon examine these projects, which are spread across the
country. All of them are road projects, each at a cost of Rs 500-1,000 crore.
About 13 projects have sought financial support from the government to achieve
financial closure under the viability gap funding (VGF), said an official who
asked not to be named. Under the VGF scheme, the government meets one-fifth of
the total cost of the project, which could be doubled if the state agency feels
so.
The government feels spending on large infrastructure projects is
crucial for protecting jobs and helping firms remain in business till the good
times return. Besides making it easier for infrastructure project developers to
access funds, the government had also decided to spend more on the sector last
December.
Of the Rs 20,000-crore extra Plan spending the government
had announced last December to stimulate the economy, a significant part was
allocated for building new roads.
The official told ET that the
government will also look into the grievances that infrastructure lenders may
have. According to Hemant Kanoria, CMD of Srei Infrastructure Finance, it is
difficult for such firms to borrow from multilateral agencies under the existing
norms on overseas commercial borrowings. The private sector infrastructure
lender wants the norms to be further eased.
The PPPAC cleared two
port and five highway projects in March with a spending of Rs 5,220 crore. Since
January 2006, the panel has approved 101 projects, with an estimated cost of Rs
1,00,384 crore. These include 88 highways, nine ports, two airports, a tourism
infrastructure project and a railway project.
Reliance Infra plans to raise $913 million
REUTERS
MUMBAI:
India's Reliance Infrastructure Ltd said that it planned to raise 43 billion
rupees ($913 million) by issuing share warrants to its
| |
to bid for infrastructure
contracts.
Reliance
Infrastructure said on Sunday it would issue 42.9 million warrants convertible
into shares at 1,000 rupees each, a 10.8 per cent discount to Friday's closing
price, to founders' Anil Dhirubhai Ambani
group.
The founders' stake will
rise to 48 per cent from 38 per cent. "We have a great sense of excitement at
the unprecedented opportunities unfolding before Reliance Infrastructure, in
high growth areas of power and infrastructure development," chairman Anil Ambani
said in a statement.
The issue
would raise the net worth and borrowing limit of the firm by a third, it said,
boosting its ability to qualify for large road, power, rail and port
projects.
India needs $500
billion over five years to overhaul its crumbling
infrastructure.
Reliance
Infrastructure, which is building roads, metro rail and power plants worth 128
billion rupees will also look at ports, airports and real estate development, it
said.
The company said other
long-term shareholders such as state-run Life Insurance Corp and insurance firms
that together own a fifth of the firm can participate in the offering on the
same terms. It did not
elaborate.
The company also
said it had cancelled 43 million warrants issued to the founders in January 2008
and convertible into shares at 1,822.08 rupees a share before July
19.
The upfront payment of 7.83
billion rupees on the warrants will accrue to the firm's reserves, it
said.
Founders of several
Indian firms have stayed away from converting warrants after share prices fell
sharply.
Reliance Infra shares
lost nearly three quarters of their value last year but have almost doubled so
far in 2009.
Oil above $62 a barrel in Asia
AGENCIES
SINGAPORE:
Oil eased in Asia on Wednesday but remained above 62 dollars a barrel after
breaching six-month highs overnight ahead of a meeting of
| |
the Petroleum Exporting Countries (OPEC).
New York's main futures
contract, light sweet crude for July delivery, shed 20 cents to $62.25 a barrel
after settling at $62.45 in US trade, the highest close since November 5.
Brent North Sea crude for
delivery in July tumbled 14 cents to 61.10 dollars.
The market was taking a
breather after climbing to its highs Tuesday as traders viewed a jump in US
consumer confidence as a signal for an economic rebound and increased energy
demand.
The price dip on
Wednesday was "not a significant move," said Dave Ernsberger, Asian senior
editorial director for energy information provider Platts.
"The stage has been set for a
fairly bullish oil market in the summer," he said, adding that the market was
awaiting results of the OPEC meeting on Thursday in Vienna.
Saudi Oil Minister Ali
al-Nuaimi said Tuesday on his arrival in the Austrian capital that the cartel is
likely to maintain current production quotas.
"We will stay the course,"
said the minister, whose country is OPEC's biggest oil producer.
He also said that oil prices
should rise to 75 dollars per barrel, "we hope between the third and fourth
quarter" of this year.
OPEC,
which pumps some 40 per cent of global oil supply, has steadily cut production
since late last year in a bid to steady prices, which have tumbled from record
highs above 147 dollars per barrel in July 2008.
India invites bids for $2 bn in helicopter deals
REUTERS
NEW
DELHI
$2 billion to arm its air force, a defence official and the
| |
Boeing Co said on Monday.
The
Indian Air Force is seeking 22 attack helicopters and at least 15 heavy-lift
helicopters as it plans to replace its aging Soviet-era fleet with modern weapon
systems.
"Boeing has received
the Request for Proposals (RFPs) for the attack and heavylift helicopters and
will review the requirements," Vivek Lall, India country head of Boeing's
Integrated Defense Systems (IDS), told Reuters on
Monday.
The two RFPs were
issued on Sunday and Monday, days after a new Congress-led coalition government
was sworn in.
The government
said it would prioritise defence and push forward pending projects to modernise
its armed forces.
India is
looking to spend more than $30 billion over the next five years to modernise its
defence systems.
"We hope to
hear from bidders soon on the two projects and speed up the procurement
process," a defence ministry spokesman
said.
Last June, India asked
seven international companies to submit bids for supplying 22 attack
helicopters, but the government cancelled the tender this March, saying the
bidders did not meet
requirements.
Boeing, which did
not respond to that RFP for attack helicopters due to technical reasons, said it
was keen to offer its Apache AH-64 helicopters this time
around.
Separately, Boeing said
it was also reviewing the other RFP to supply at least 15 heavy-lift helicopters
to the air force.
Lall says the
U.S. plane maker was interested in offering its Chinook CH-47 to
India.
"We believe that
Boeing's Apache and Chinook can provide the Indian Air Force with the most
capable, proven and versatile platforms in their respective class," Lall said in
New Delhi on Monday.
India will
also soon hold field trials for the purchase of 126 fighter planes in a $10.4
billion contract that is one of the world's biggest current arms
deals.
Boeing's F/A-18 Super
Hornet, France's Dassault Rafale, Lockheed Martin Corp's F-16, Russia's MiG-35,
Sweden's Saab JAS-39 Gripen and the Eurofighter Typhoon, produced by a
consortium of British, German, Italian and Spanish companies, are in the race
for the lucrative fighter contract.
Companies pay higher dividends to boost investor morale
ET Bureau
MUMBAI:
Contrary to fears that companies will tighten purse strings to conserve cash in
an economic slowdown, a substantial number of them have
payouts to shareholders, with some of them doing so despite posting flat or
lower profits, analysis by ET
shows.
Data available for 377
companies shows that 131 of them have increased dividend for the year ended
March 2009 or December 2008. The list also includes a few companies where the
data is available for the year ended September 2008 or June
2008.
This is seen as some
consolation to investors, given the bruising capital losses they have suffered
because of last year’s stock market turmoil.
EID Parry, Coromandel
Fertilisers, Stovec Industries, VST Industries, Crisil, ICI India, Sulzer India,
Nestle India and Clariant Chemicals are among the companies, which paid the
highest dividend. “If companies are paying higher dividend, it is a
positive trend, as it would help in boosting morale of shareholders,
particularly those who have been holding shares with a long-term point of
view,” said an analyst with a Mumbai-based broking
house.
Sugar company EID Parry
paid out 1000% dividend for 2008-09, compared with 25% previous year. On a
standalone basis, the company recorded a bumper profit of Rs 692 crore on sales
of Rs 812 crore, compared with a loss of Rs 17 crore on sales of Rs 651 crore in
2007-08. Its earnings were boosted by large extraordinary income of Rs 750 crore
earned in the form of a profit on sale of investments.
Coromandel Fertilisers hiked
dividend from 175% to 500% last fiscal. The company’s sales jumped 150% to
Rs 9,375 crore, while its net profit rose by 137% to Rs 496 crore, thanks to
exceptional income of Rs 159 crore. Some analysts are of the view that even if a
company pays exceptionally high dividend in a particularly year, factors such as
the industry it operates in, the management’s background, cash flows and
past dividend record should be considered before an investment call is
made.
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“It is important to
see if a company is paying dividend out of normal profit or profit earned from
extraordinary sources. In normal circumstances, higher dividend shows the
management has a good confidence in prospects of the company,” said
Anagram Stock Broking head of research VK Sharma. The broking firm expects
public sector companies, including banks, to maintain their dividend track
records in the coming years.
The list of dividend
high-flyers, also includes multinational companies Sulzer India, Nestle India
and Clariant Chemicals. The companies paid dividends of 350%, 425% and 190%,
respectively, in the year ended December 2008, compared with 100%, 330% and
100%, respectively, in the previous year. In these cases, point out analysts,
foreign promoters would be the major beneficiaries due to their large stakes in
companies.
http://economictimes.indiatimes.com/News/News-By-Company/Corporate-Trends/Now-higher-dividends-to-boost-investor-morale/articleshow/4581810.cms
Anil Ambani group firms among top stock performers
25 May 2009, 1447 hrs IST,
IANS
REUTERS
http://economictimes.indiatimes.com/quickieslist/4576786.cmsIANS
MUMBAI: Three companies in the Reliance Anil Dhirubhai Ambani Group were among the five top-performing stocks of the S&P CNX Nifty of the
them outshining the 50-share index by a wide margin. With a gain of 52.7 percent, Reliance Capital was the best performer among the Nifty stocks. The broader index itself rose 15.44 percent, in which Infosys turned out to be the worst performer with a net loss of 4.43 percent, data with the bourse showed. Realty major Unitech came next with 36.65 percent gain, followed by Reliance Infrastructure, up 36.71 percent, Reliance Communication, up 35.85 percent and Tata Steel, up 33.69 percent. Reliance Industries, which has the largest market capitalisation and belongs to the Mukesh Ambani group, could gain just 12 percent, which was below the 15.44 percent rise logged by Nifty. Reliance Communications also outperformed the market leader in the telecom market, Bharti Airtel, which moved up just 7.47 percent, as per data with the stock market. Besides Infosys, the other losers during the week under review were Cipla, down 3.44 percent, Wipro, down 2.18 percent, Tata Consultancy, down 1.55 percent, ITC, down 1.32 percent and Sun Pharma, down 0.91 percent. On the other hand, State Bank of India, Larsen and Toubro, Tata Motors, Steel Authority and DLF made up the five other stocks that figured in the list of top 10 performers and rose at a pace higher than the Nifty. The week under review was one during which the stock markets gave a resounding welcome to the electoral victory for the Congress-led United Progressive Alliance (UPA). The investor frenzy that followed forced the suspension of trading for the day May 18 after indices hit upper circuit filters twice within seconds. | |
US economy at risk of double-dip recession
REUTERS
WASHINGTON: The US economy appears destined for several years of weak growth and high unemployment that leave it vulnerable to a recession dose of government stimulus wears off. While tepid growth looks likely to resume late this year and build modestly into 2010, the credit bust has left households and businesses unable or unwilling to borrow and spend as freely as they did before the crisis. The US government has stepped in as lender and spender of last resort, but its deep pockets are not bottomless. Waning political and investor appetite for taking on more debt could stand in the way of any additional big spending plans. "When you remove the government stimulus, what the private sector can generate in terms of growth feels like a recession," said Jeffrey Rosenberg, head of global credit strategy at Banc of America Securities Merrill Lynch in New York. Rosenberg thinks the US economy may trudge along at a sluggish growth rate somewhere in the range of 0.5 percent to 1.5 percent while banks recover from the credit crisis, which could take another three years. "If that's what you're able to generate, that economy is not generating the job growth required to bring the unemployment rate down," Rosenberg said. This is a much darker outlook than the one put forward by President Barack Obama's administration in its latest budget projections, which show economic growth bouncing back to 3.2 percent next year and hitting 4.6 percent by 2012. It also calls into question the staying power of a recent stock market rally. The Standard & Poor's 500 is up more than 30 percent from an early March low. The gloomier scenario assumes that banks take years to recover from losses that some economists think could reach $4 trillion; consumers curb borrowing and spending as they repair the $11.2 trillion hole blown through their savings last year; and the explosion in government debt drives up interest rates. If the forecast proves accurate, it would leave the economy susceptible to a shock, such as a big jump in oil prices, and could force the United States to issue even more debt than investors expect. That would likely increase borrowing costs, both for the government and the private sector. NEVER SAY NEVER Typically, deep recessions are followed by powerful recoveries because when demand finally returns, companies quickly ramp up production. That helps explain why Wall Street has been feeling optimistic about recovery prospects. However, recessions caused by financial crises have a history of being long, deep and difficult to fully escape. Treasury Secretary Timothy Geithner said on Thursday that the current crisis was "caused in large part by too much borrowing and too much lending. And the adjustment process of that will be difficult." How difficult that adjustment will be depends to a large degree on how dramatically consumers alter their behavior. | |
 MTN union, minority investors oppose deal "MTN-Bharti  MTN's already wired to TechM, Subex Indian  Mittal builds dream team to achieve ambition Mittal has been steadfastly focusing on using international talent to go global for the last three years.  Bharti gets $4 bn bridge loan for MTN deal Bharti Airtel received commitment from Standard Chartered Bank to raise a $4-bn bridge loan to finance its deal with MTN.  Merger may be a short-term drain on Bharti Bharti-MTN  S&P retains stable outlook rating on Bharti Airtel Standard  Bharti-MTN largest global telecom deal this year The  Institutional investors play along Fund  India is now a player in M&A premier league It will be the third largest deal so far in 2009 and if pharma is excluded, it will be the largest deal so far globally.  MTN bid won't trigger open offer As  Complex merger may get Bharti 'foreign-owned' tag Bharti Airtel already has foreign investments close to 43% in its equity structure, as per the new FDI norms.  Deal takes Indian M&A story to dizzying heights By any yardstick, the Bharti-MTN deal, if it goes through, will usher in the next round of the Indian telecom M&A story  Mittal's dream of Bharti-MTN deal back on track Almost  MTN's demand for majority stake derailed round one Bharti's  Deal will need FIPB blessings Bharti-MTN | ||
MILITANCY
On the march
Army senses victory against Taliban in Swat
ANALYSIS AND BACKGROUND
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BBC map shows Taliban extending control in north-west
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Asif Zardari Pervez Musharraf Nawaz Sharif Bilawal Bhutto Chief justice Military chief PM Gilani |
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FROM OTHER NEWS SITES
Times of India Blast rocks Lahore; 30 dead, 150 injured - 53 mins ago
Morningstar.com UPDATE: 8 Dead, 80 Wounded In Lahore Suicide Car Bomb Attack - 54 mins ago
ITN Suicide blast kills 15 in Lahore - 59 mins ago
News24.com Bomb flattens police building - 1 hr ago
Reuters Bomb in Pakistan's Lahore causes casualties - 1 hr ago
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Giant dinosaurs 'held heads high'- http://news.bbc.co.uk/2/hi/south_asia/8069467.stm
orth Korea's nuclear trump card
Aljazeera.net - 37 minutes ago
By Joe Havely When North Korea
announced for the first time in February 2005 that it had nuclear
weapons, the claim was dismissed by the Bush administration as bluster
and "rhetoric".
announced for the first time in February 2005 that it had nuclear
weapons, the claim was dismissed by the Bush administration as bluster
and "rhetoric".
Sotomayor and the struggle to be ordinary
The Associated Press - 2 hours ago
WASHINGTON (AP) - A black
president introduced his Hispanic Supreme Court nominee while his white
vice president watched. It was a custom-made American tableau, the
politics of biography.
president introduced his Hispanic Supreme Court nominee while his white
vice president watched. It was a custom-made American tableau, the
politics of biography.
Video: Here Comes The Judge - New York Post
New York Post
Video:
Here Comes The Judge - New York Post
New York Post
New York Post
Video:
Here Comes The Judge - New York Post
New York Post
Bomb Explodes on Busy Main Street in Downtown Lahore
Voice of America - 22 minutes ago
By Catherine Maddux At least
eight people were killed and scores of others injured when a bomb
exploded on a busy main street in Lahore, the capital of Pakistan's
Punjab province.
eight people were killed and scores of others injured when a bomb
exploded on a busy main street in Lahore, the capital of Pakistan's
Punjab province.
New York Times - Sify - Reuters - The Associated Press
Reuters India - Daily Times - Voice of America - Xinhua
Reuters - Economic Times - VietNamNet Bridge
All dressed up and nowhere to go
Hindustan Times - 1 hour ago
Ahead of the cabinet expansion,
PM Manmohan Singh and Congress president Sonia Gandhi today held
consultations to give finishing touches to the list of ministers.
PM Manmohan Singh and Congress president Sonia Gandhi today held
consultations to give finishing touches to the list of ministers.
Stranded passengers leave after train services resume
Hindu - 32 minutes ago
Jammu (PTI): With train services
resuming after a thaw in violence in Punjab, about 20000 passengers
stranded at the railway station here have left for their respective
destinations.
resuming after a thaw in violence in Punjab, about 20000 passengers
stranded at the railway station here have left for their respective
destinations.
Normalcy returns to Punjab; no violence
Times of India - 5 hours ago
JALANDHAR: Road and rail traffic
in Punjab was back to normal on Wednesday with no violence being
reported in the state overnight.
in Punjab was back to normal on Wednesday with no violence being
reported in the state overnight.
'Over 200 killed' by Cyclone Aila
BBC News - 2 hours ago
More than 200 people have now
been killed by Cyclone Aila which hit Bangladesh and the eastern Indian
state of West Bengal, relief officials say.
been killed by Cyclone Aila which hit Bangladesh and the eastern Indian
state of West Bengal, relief officials say.
Video: Cyclone Floods Bangladesh, India
The Associated Press
Video:
Cyclone Floods Bangladesh, India
The Associated Press
The Associated Press
Video:
Cyclone Floods Bangladesh, India
The Associated Press
Binayak Sen: Free at last
Zee News - 51 minutes ago
This certainly seems to be
something out of a Bollywood blockbuster. The hero is a doctor in a
remote poor district of South Bastar in Chhatisgarh and at a nominal
fee is rendering services there.
something out of a Bollywood blockbuster. The hero is a doctor in a
remote poor district of South Bastar in Chhatisgarh and at a nominal
fee is rendering services there.
SIT hears Jakia Jafri, Teesta
Daily News & Analysis - 2 hours ago
Gandhinagar: Social activist
Teesta Setalvad and Jakia Jafri, widow of the slain Congress MP Ahesan
Jafri, on Tuesday told the special investigation team (SIT) probing the
statewide riots of 2002 that Gujarat chief minister Narendra Modi was
to blame ...
Teesta Setalvad and Jakia Jafri, widow of the slain Congress MP Ahesan
Jafri, on Tuesday told the special investigation team (SIT) probing the
statewide riots of 2002 that Gujarat chief minister Narendra Modi was
to blame ...
YSR leaves for pilgrimage to Israel
Hindu - 3 hours ago
Hyderabad (IANS): YS Rajasekhara
Reddy, who took charge as Andhra Pradesh Chief Minister for the second
consecutive term last week, on Wednesday left for a pilgrimage to
Israel along with his family members.
Reddy, who took charge as Andhra Pradesh Chief Minister for the second
consecutive term last week, on Wednesday left for a pilgrimage to
Israel along with his family members.
Maya drops Maurya from her ministry
Times of India - 9 hours ago
LUCKNOW: In the first-ever
reshuffle in her two-year-old ministry following party's poor show in
the Lok Sabha poll, chief minister Mayawati on Tuesday sacked
cooperative minister Swami Prasad Maurya and also removed him as the
leader of the Upper ...
reshuffle in her two-year-old ministry following party's poor show in
the Lok Sabha poll, chief minister Mayawati on Tuesday sacked
cooperative minister Swami Prasad Maurya and also removed him as the
leader of the Upper ...
Deo may be Speaker, Sumitra deputy
Economic Times - 8 hours ago
NEW DELHI: In keeping with
parliamentary convention, Congress has decided to offer the post of
deputy speaker of the Lok Sabha to the principal opposition.
parliamentary convention, Congress has decided to offer the post of
deputy speaker of the Lok Sabha to the principal opposition.
Aila batters Darjeeling hills
Times of India - 9 hours ago
DARJEELING: A day after turning
south Bengal into a lump of twisted mass, cyclone Aila travelled north
and triggered torrential rain and landslides in the Darjeeling hills,
killing 17 people and taking the statewide toll up to 64.
south Bengal into a lump of twisted mass, cyclone Aila travelled north
and triggered torrential rain and landslides in the Darjeeling hills,
killing 17 people and taking the statewide toll up to 64.
Jubilation time in CBSE schools
Daily News & Analysis - 2 hours ago
Bangalore: The much-anticipated
CBSE, class 10 results were declared yesterday, which saw two city
boys, Abhishek Gupta and Anmol Chavan V clinch the top spot with 98.2
per cent.
CBSE, class 10 results were declared yesterday, which saw two city
boys, Abhishek Gupta and Anmol Chavan V clinch the top spot with 98.2
per cent.
Qureshi, Yang greet SM Krishna
Hindu - 11 hours ago
ISLAMABAD: Pakistan Foreign
Minister Shah Mahmood Qureshi has greeted External Affairs Minister SM
Krishna, committing Islamabad to resolving bilateral issues with New
Delhi through dialogue.
Minister Shah Mahmood Qureshi has greeted External Affairs Minister SM
Krishna, committing Islamabad to resolving bilateral issues with New
Delhi through dialogue.
Amarnath Yatra put off to June 15
Hindu - 11 hours ago
SRINAGAR: In view of thick snow
on various stretches of the Chandanwari-Holy Cave track, this year's
Amarnath Yatra has been rescheduled to commence on June 15, instead of
June 7. A spokesperson of the Shri Amarnathji Shrine Board (SASB) on
Tuesday ...
on various stretches of the Chandanwari-Holy Cave track, this year's
Amarnath Yatra has been rescheduled to commence on June 15, instead of
June 7. A spokesperson of the Shri Amarnathji Shrine Board (SASB) on
Tuesday ...
Man held with RDX, Rs 49 lakh, gets 7 yrs' RI
Indian Express - 7 hours ago
Aijaz Hussain Khwaja, who
received the National Crafts Master award from the President in 2005,
was awarded seven years' rigorous imprisonment by a Delhi Court on
Tuesday for “probably” acting as a conduit of a terror group and
possessing RDX in huge ...
received the National Crafts Master award from the President in 2005,
was awarded seven years' rigorous imprisonment by a Delhi Court on
Tuesday for “probably” acting as a conduit of a terror group and
possessing RDX in huge ...
Pruning blamed for green massacre
Times of India - 7 hours ago
KOLKATA: A day after cyclonic
storm Aila uprooted trees like ninepins and left a trail of
destruction, green experts said the imprint of the tragedy that felled
over 500 trees pointed more to the sly hand of man than the mighty
punch of nature.
storm Aila uprooted trees like ninepins and left a trail of
destruction, green experts said the imprint of the tragedy that felled
over 500 trees pointed more to the sly hand of man than the mighty
punch of nature.
7 babus amassed wealth worth over Rs 7 crore
Times of India - 9 hours ago
BANGALORE: "I wish you had
raided my house next month. By that time, my promotion process would
have been completed. Now, it will be delayed.
raided my house next month. By that time, my promotion process would
have been completed. Now, it will be delayed.
Protests hit Manipur valley
Calcutta Telegraph - 11 hours ago
Imphal, May 26: Protests against
the campus killing of Manipur University's professor and proctor Md
Islamuddin yesterday singed the streets of Manipur valley today.
the campus killing of Manipur University's professor and proctor Md
Islamuddin yesterday singed the streets of Manipur valley today.
26/11: police witness grilled
Hindu - 11 hours ago
Mumbai: Defence on Tuesday
grilled a police witness in the 26/11 case on a pair of cargo pants and
socks, a shirt and an undergarment as it tried to probe the mystery of
the unstained map.
grilled a police witness in the 26/11 case on a pair of cargo pants and
socks, a shirt and an undergarment as it tried to probe the mystery of
the unstained map.
Geelani detained, released
Rising Kashmir - 15 hours ago
Srinagar, May 26: Hurriyat (G)
chairman Syed Ali Shah Geelani was arrested along with some of his
aides his few associates on Tuesday after he tried to break the police
cordon outside his residence to attend the funeral prayers of a 17-year
old boy in ...
chairman Syed Ali Shah Geelani was arrested along with some of his
aides his few associates on Tuesday after he tried to break the police
cordon outside his residence to attend the funeral prayers of a 17-year
old boy in ...
Chidambaram asks Central forces to step up recruitment
Times of India - 12 hours ago
NEW DELHI: With the Union home
ministry all set to implement its 100-day plan from June 1, it has
asked the central paramilitary forces to further step up their efforts
to recruit as many personnel as possible during the period so that the
target to ...
ministry all set to implement its 100-day plan from June 1, it has
asked the central paramilitary forces to further step up their efforts
to recruit as many personnel as possible during the period so that the
target to ...
North Korea's nuclear trump card
Aljazeera.net - 39 minutes ago
By Joe Havely When North Korea
announced for the first time in February 2005 that it had nuclear
weapons, the claim was dismissed by the Bush administration as bluster
and "rhetoric".
announced for the first time in February 2005 that it had nuclear
weapons, the claim was dismissed by the Bush administration as bluster
and "rhetoric".
What's next for Sotomayor? Questions and answers
The Associated Press - 2 hours ago
WASHINGTON (AP) - The process
for Sonia Sotomayor, a judge on the 2nd US Circuit Court of Appeals in
New York City, to be the first Hispanic Supreme Court justice is just
beginning.
for Sonia Sotomayor, a judge on the 2nd US Circuit Court of Appeals in
New York City, to be the first Hispanic Supreme Court justice is just
beginning.
Video: Here Comes The Judge - New York Post
New York Post
Video:
Here Comes The Judge - New York Post
New York Post
New York Post
Video:
Here Comes The Judge - New York Post
New York Post
Bomb Explodes on Busy Main Street in Downtown Lahore
Voice of America - 24 minutes ago
By Catherine Maddux At least
eight people were killed and scores of others injured when a bomb
exploded on a busy main street in Lahore, the capital of Pakistan's
Punjab province.
eight people were killed and scores of others injured when a bomb
exploded on a busy main street in Lahore, the capital of Pakistan's
Punjab province.
Gay marriage battle to return to Calif. ballot
The Associated Press - 53 minutes ago
SAN FRANCISCO (AP) - Gay leaders
say they are moving into campaign mode with an eye toward trying to
repeal Proposition 8 at the ballot box as early as next year after the
state Supreme Court upheld the voter-approved ban on same-sex marriages.
say they are moving into campaign mode with an eye toward trying to
repeal Proposition 8 at the ballot box as early as next year after the
state Supreme Court upheld the voter-approved ban on same-sex marriages.
Obama demands release of Aung San Suu Kyi
Hindu Business Line - 2 hours ago
WASHINGTON: The US President, Mr
Barack Obama, on Wednesday demanded “immediate” and “unconditional”
release of Myanmar's pro-democracy icon Aung San Suu Kyi, who has been
held under house arrest since 2003.
Barack Obama, on Wednesday demanded “immediate” and “unconditional”
release of Myanmar's pro-democracy icon Aung San Suu Kyi, who has been
held under house arrest since 2003.
Sri Lanka confident of avoiding war crimes probe
AFP - 1 hour ago
COLOMBO (AFP) - Sri Lanka said
it was confident of averting an international probe into alleged war
crimes committed during its blistering offensive against the Tamil
Tigers.
it was confident of averting an international probe into alleged war
crimes committed during its blistering offensive against the Tamil
Tigers.
Canada's governor eats seal heart
BBC News - 8 minutes ago
Canada's governor general, Michaelle Jean, has helped to butcher and eat a seal in an apparent act of solidarity with hunters.
Bomb kills troops in Pakistan's Swat: officials
AFP - 1 hour ago
PESHAWAR, Pakistan (AFP) - Two
soldiers were killed Wednesday when a roadside bomb hit their vehicle
in Pakistan's northwest Swat valley, where the military is battling
Taliban insurgents, a security official said.
soldiers were killed Wednesday when a roadside bomb hit their vehicle
in Pakistan's northwest Swat valley, where the military is battling
Taliban insurgents, a security official said.
Court excuses Sharifs' non-appearance
Hindu - 13 hours ago
Sweet news: Supporters of the
former Pakistani Premier, Nawaz Sharif, celebrating in Lahore on
Tuesday. - Photo: AFP Islamabad: In its five-page order setting aside
its own earlier order and a Lahore High Court verdict disqualifying the
former Prime ...
former Pakistani Premier, Nawaz Sharif, celebrating in Lahore on
Tuesday. - Photo: AFP Islamabad: In its five-page order setting aside
its own earlier order and a Lahore High Court verdict disqualifying the
former Prime ...
Nine killed in fighting in Somalia
Hindu - 2 hours ago
MOGADISHU (AP): Witnesses and
officials say Somali insurgents fired mortars near the presidential
palace and killed seven civilians and two government soldiers.
officials say Somali insurgents fired mortars near the presidential
palace and killed seven civilians and two government soldiers.
Roh leapt to death 'after sending guard away'
AFP - 27 minutes ago
SEOUL (AFP) - Former South
Korean president Roh Moo-Hyun leapt to his death during a mountain hike
after sending his bodyguard away on an errand, police said Wednesday,
as tens of thousands joined in mourning for him.
Korean president Roh Moo-Hyun leapt to his death during a mountain hike
after sending his bodyguard away on an errand, police said Wednesday,
as tens of thousands joined in mourning for him.
MPs' expenses: Gordon Brown proposes constitutional changes in ...
Telegraph.co.uk - 18 minutes ago
Gordon Brown, the Prime
Minister, is the latest party leader to propose constitutional changes
in the wake of the MPs' expenses scandal.
Minister, is the latest party leader to propose constitutional changes
in the wake of the MPs' expenses scandal.
Nepali PM asks UCPN-M to join gov't
Xinhua - 18 hours ago
KATHMANDU, May 26 (Xinhua) --
Nepali Prime Minister Madhav Kumar Nepal on Tuesday said that the new
government has been formed on the basis of the civilian supremacy, and
asked the Unified Communist Party of Nepal (Maoist) (UCPN-M) to join it.
Nepali Prime Minister Madhav Kumar Nepal on Tuesday said that the new
government has been formed on the basis of the civilian supremacy, and
asked the Unified Communist Party of Nepal (Maoist) (UCPN-M) to join it.
Homeless in Gaza and a feat of clay
AFP - 1 hour ago
GAZA CITY (AFP) - All of Amer
Aliyan's hopes of rebuilding his life are placed in a carefully folded
sheet in his wallet, a document that for the foreseeable future in Gaza
is nothing but a worthless piece of paper.
Aliyan's hopes of rebuilding his life are placed in a carefully folded
sheet in his wallet, a document that for the foreseeable future in Gaza
is nothing but a worthless piece of paper.
France Opens First Military Bases in the Gulf
New York Times - 16 hours ago
By MATTHEW SALTMARSH PARIS -
President Nicolas Sarkozy opened France's first military facilities in
the Gulf on Tuesday, deepening the government's alliance with the
United Arab Emirates and highlighting its shifting foreign policy
priorities.
President Nicolas Sarkozy opened France's first military facilities in
the Gulf on Tuesday, deepening the government's alliance with the
United Arab Emirates and highlighting its shifting foreign policy
priorities.
Iran lifts 'Facebook ban'
Telegraph.co.uk - 41 minutes ago
Web access to Facebook is
restored days after the site was initially blocked, although it remains
unclear who took the decision to first impose, and then lift, the ban.
restored days after the site was initially blocked, although it remains
unclear who took the decision to first impose, and then lift, the ban.
FEATURE - US, Israel square off over settlement expansion
Reuters India - 17 minutes ago
By Ari Rabinovitch and Eli
Berlzon EFRAT, West Bank (Reuters) - On a hillside neighbourhood in the
West Bank settlement of Efrat, workers construct a foundation that will
expand a building towards a nearby playground.
Berlzon EFRAT, West Bank (Reuters) - On a hillside neighbourhood in the
West Bank settlement of Efrat, workers construct a foundation that will
expand a building towards a nearby playground.
Munro wins international Booker
BBC News - 7 hours ago
She saw off competition from 13
other nominees, including Australian two-time Booker winner Peter Carey
and Briton James Kelman, to win the £60000 award.
other nominees, including Australian two-time Booker winner Peter Carey
and Briton James Kelman, to win the £60000 award.
Italy riveted by saga of Berlusconi and teenager
Reuters India - 20 hours ago
By Philip Pullella ROME
(Reuters) - The story of Silvio Berlusconi's friendship with an
18-year-old woman has transfixed Italy and forced the prime minister
onto the defensive as he leads his party into European elections and
prepares to host a G8 ...
(Reuters) - The story of Silvio Berlusconi's friendship with an
18-year-old woman has transfixed Italy and forced the prime minister
onto the defensive as he leads his party into European elections and
prepares to host a G8 ...
Pakistan diary: New battle lines?
Aljazeera.net - 50 minutes ago
Imran Khan, Al Jazeera's
reporter in Pakistan, is filing regular dispatches from the country as
the army battles Taliban fighters in the North West Frontier Province.
reporter in Pakistan, is filing regular dispatches from the country as
the army battles Taliban fighters in the North West Frontier Province.
Reuters India - Daily Times - Voice of America - Xinhua
HIGHLIGHTS - Mukherjee says reviving growth a top priority
Reuters India - 31 minutes ago
NEW DELHI (Reuters) - Finance
Minister Pranab Mukherjee said on Wednesday reviving growth momentum
was a top priority for the ruling coalition that was re-elected for a
second term, but fiscal prudence would also be kept in mind.
Minister Pranab Mukherjee said on Wednesday reviving growth momentum
was a top priority for the ruling coalition that was re-elected for a
second term, but fiscal prudence would also be kept in mind.
MRPL Q4 net jumps two-fold at Rs 608 cr
Business Standard - 48 minutes ago
PTI / New Delhi May 27, 2009,
13:43 IST Mangalore Refinery and Petrochemicals Ltd today reported a
more than two-fold growth in net profit at Rs 607.62 crore for the
fourth quarter ended March 31, 2009.
13:43 IST Mangalore Refinery and Petrochemicals Ltd today reported a
more than two-fold growth in net profit at Rs 607.62 crore for the
fourth quarter ended March 31, 2009.
South Africa targeted M&A deals hit record high
Business Standard - 18 minutes ago
PTI / New Delhi May 27, 2009,
14:16 IST The total value of announced merger and acquisition deals
focused on South Africa reached a whopping $24.1 billion so far this
year, thanks to the proposed Bharti Airtel-MTN transaction.
14:16 IST The total value of announced merger and acquisition deals
focused on South Africa reached a whopping $24.1 billion so far this
year, thanks to the proposed Bharti Airtel-MTN transaction.
India rupee gains mirroring stocks; Asian currencies
Reuters India - 1 hour ago
MUMBAI, May 27 (Reuters) - The
Indian rupee traded higher in afternoon session on Wednesday as gains
in domestic equities raised hopes of more capital inflows and higher
Asian units also underpinned sentiment.
Indian rupee traded higher in afternoon session on Wednesday as gains
in domestic equities raised hopes of more capital inflows and higher
Asian units also underpinned sentiment.
Ban on sugar futures positive for stocks: SP Tulsian
Moneycontrol.com - 4 hours ago
Amidst concerns that speculation
is driving up sugar futures, the commodities regulator, the Forward
Markets Commission (FMC), has banned sugar futures to curb sugar prices
at the wholesale and retail levels.
is driving up sugar futures, the commodities regulator, the Forward
Markets Commission (FMC), has banned sugar futures to curb sugar prices
at the wholesale and retail levels.
Sensex off day's high; up 360pts
Business Standard - 58 minutes ago
The Sensex touched a new low of
13780.41 and then zoomed to a high of 14009, up 420 points from the
previous close. The index is now 366 points higher at 13955.
13780.41 and then zoomed to a high of 14009, up 420 points from the
previous close. The index is now 366 points higher at 13955.
Monsoon loses pace, no advancement since Monday
Reuters India - 15 minutes ago
MUMBAI (Reuters) - The annual
monsoon rains, which hit the country's mainland on Saturday, has lost
pace and there has been no advancement for the last two days, the
weather department said on its website on Wednesday.
monsoon rains, which hit the country's mainland on Saturday, has lost
pace and there has been no advancement for the last two days, the
weather department said on its website on Wednesday.
Simplex Infra bags Rs 400cr order; stk rises
Moneycontrol.com - 2 hours ago
Simplex Infrastructures touched
an intraday high of Rs 379.95 and an intraday low of Rs 365. At 12:18
pm, the share was quoting at Rs 370.05, up Rs 11.25, or 3.14%.
an intraday high of Rs 379.95 and an intraday low of Rs 365. At 12:18
pm, the share was quoting at Rs 370.05, up Rs 11.25, or 3.14%.
ONGC jumps 5.54% on expectation of higher natural gas price
Myiris.com - 1 hour ago
Oil & Natural Gas
Corporation, leading energy explorer, gained on Wednesday on media
report that the government may double the price of natural gas.
Corporation, leading energy explorer, gained on Wednesday on media
report that the government may double the price of natural gas.
Smoking ban yields rich dividends
Indian Express - 14 hours ago
While the Union Health Ministry
waits for May 31 to put in practice its ambitious plan of pictorial
warnings on all tobacco products, the move to ban smoking in public
places seems to have paid rich dividends.
waits for May 31 to put in practice its ambitious plan of pictorial
warnings on all tobacco products, the move to ban smoking in public
places seems to have paid rich dividends.
NIIT Tech rallies 5% despite dip in Q4 net
Business Standard - 3 hours ago
The stock opened up 3% at Rs 108
before surging 5% to a high of Rs 110. The stock is currently trading
at the same level with 71819 shares traded on the BSE so far.
before surging 5% to a high of Rs 110. The stock is currently trading
at the same level with 71819 shares traded on the BSE so far.
Cummins India Q4 net profit at Rs 118 cr
Moneycontrol.com - 1 hour ago
Cummins India has announced its
fourth quarter numbers, which were not comparable. Full year numbers of
two subsidiaries Cummins Sales & Services (CSS) & Cummins Auto
Services (CAS) which were amalgamated with Cummins in March'09 included
in the ...
fourth quarter numbers, which were not comparable. Full year numbers of
two subsidiaries Cummins Sales & Services (CSS) & Cummins Auto
Services (CAS) which were amalgamated with Cummins in March'09 included
in the ...
Honda's 100 cc bike to be on a new platform
Sify - 2 hours ago
New Delhi: Honda Motorcycles and
Scooters India says there will be no cannibalisation between its 100 cc
bike and the existing models of its sister company, Hero Honda.
Scooters India says there will be no cannibalisation between its 100 cc
bike and the existing models of its sister company, Hero Honda.
Chandrasekaran to succeed Ramadorai as TCS chief
Moneycontrol.com - 6 hours ago
Tata Consultancy Services said
on Tuesday that its current Chief Operating Officer (COO), Mr N.
Chandrasekaran, will take over as Chief Executive Officer and Managing
Director from October 6. He will replace the 64-year-old Mr S.
Ramadorai who has been ...
on Tuesday that its current Chief Operating Officer (COO), Mr N.
Chandrasekaran, will take over as Chief Executive Officer and Managing
Director from October 6. He will replace the 64-year-old Mr S.
Ramadorai who has been ...
GVK Reddy to help EMRI, brainchild of Satyam Raju
Economic Times - 1 hour ago
HYDERABAD: Eminent industrialist
GVK Reddy has been unanimously elected chairman of Emergency Management
Research Institute (EMRI), a brainchild of disgraced founder and former
chairman of Satyam Computer Services B. Ramalinga Raju.
GVK Reddy has been unanimously elected chairman of Emergency Management
Research Institute (EMRI), a brainchild of disgraced founder and former
chairman of Satyam Computer Services B. Ramalinga Raju.
Bharti group JV enters food
Business Standard - 8 hours ago
The Mittal-promoted Bharti group
- with interests in telecom, insurance, realty and retail - has
ventured into the food and beverage (F&B) segment in partnership
with Singapore-based Del Monte Pacific.
- with interests in telecom, insurance, realty and retail - has
ventured into the food and beverage (F&B) segment in partnership
with Singapore-based Del Monte Pacific.
RCom shareholders okay demerger of optic fibre division
Business Standard - 21 hours ago
PTI / Mumbai May 26, 2009, 17:01
IST Anil Ambani group firm Reliance Communications (RCom) today said
its shareholders have approved the demerger of its optic fibre division
to its infrastructure division Reliance Infratel.
IST Anil Ambani group firm Reliance Communications (RCom) today said
its shareholders have approved the demerger of its optic fibre division
to its infrastructure division Reliance Infratel.
Tata Comm plans to participate in WiMAX auction
Moneycontrol.com - 2 hours ago
Tata Communication announced its
FY09 fourth quarter results today. The company's Q4 standalone net
sales were down at Rs 886.93 crore versus Rs 990.24 crore, QoQ but its
standalone net profit was up at Rs 302.37 crore versus Rs 80.95 crore,
QoQ.
FY09 fourth quarter results today. The company's Q4 standalone net
sales were down at Rs 886.93 crore versus Rs 990.24 crore, QoQ but its
standalone net profit was up at Rs 302.37 crore versus Rs 80.95 crore,
QoQ.
Merkel Pressed to Pick Magna Over Fiat as Buyer of GM Opel Unit
Bloomberg - 1 hour ago
By Andreas Cremer and Tony
Czuczka May 27 (Bloomberg) -- German Chancellor Angela Merkel will be
pressed to choose Magna International Inc. as the buyer of General
Motors Corp.
Czuczka May 27 (Bloomberg) -- German Chancellor Angela Merkel will be
pressed to choose Magna International Inc. as the buyer of General
Motors Corp.
Some State-Run Banks to Mull Lending Rate Cut
Wall Street Journal - 32 minutes ago
By NUPUR ACHARYA and SUBHADIP
SIRCAR MUMBAI -- Two state-run Indian banks said Wednesday they may
consider lowering their prime lending rates further, as the government
and the central bank reiterated that banks need to reduce the cost of
funds for ...
SIRCAR MUMBAI -- Two state-run Indian banks said Wednesday they may
consider lowering their prime lending rates further, as the government
and the central bank reiterated that banks need to reduce the cost of
funds for ...
Reuters - Economic Times - VietNamNet Bridge
Cyclone Aila death toll reaches 82, rescue onTimes of India - 15 hours ago 26 May 2009, 2232 hrs IST, PTI KOLKATA: A day after Cyclone Aila battered coastal West Bengal, especially 24 Parganas, uprooting trees, snapping power ... Video: Cyclone Floods Bangladesh, India The Associated Press Video: Cyclone Floods Bangladesh, India The Associated Press Aila batters Darjeeling hillsTimes of India - 9 hours ago DARJEELING: A day after turning south Bengal into a lump of twisted mass, cyclone Aila travelled north and triggered torrential rain and landslides in the ... Cyclone Aila swallows Sunderbans tigersTimes of India - 11 hours ago KOLKATA: It's not just residents of Kolkata who bore the brunt of Cyclone Aila. Forest wardens fear that as the cyclone tore through the Sunderbans flooding ... Cyclone Aila brings monsoon to North-EastTimes of India - 21 hours ago 26 May 2009, 1706 hrs IST, PTI GUWAHATI: Aided by cyclone Aila, monsoon has arrived in North-East a week before its scheduled date of June one, ... Mamata stays back, to take charge in city todayTimes of India - May 25, 2009 But Cyclone Aila changed everything. Mamata decided to stay back in Kolkata and assume charge as railway minister at Kolkata on Tuesday. ... Aila washes out Kolkata, city limps back to normalcyIBNLive.com - 12 hours ago Wind and rain caused by Cyclone Aila uprooted the tree and brought it down on Das' house on Monday evening. Now there is no electricity, water and the ... One killed in Cooch Behar as Aila wreaks havocThe Statesman - 12 hours ago COOCH BEHAR, 26 MAY: As cyclone Aila spawned by a deep depression in the Bay of Bengal pounded large parts of West Bengal yesterday, one person died and ... Aila brings more than damage in TamlukThe Statesman - 12 hours ago TAMLUK, 26 MAY: Cyclone Aila triggered a fresh controversy today between the district administration and the Trinamul Congress dominated Zilla Parishad over ... Aila delays onset of monsoon in stateIndian Express - 8 hours ago Though monsoon started in Kerala a week in advance, the cyclone Aila weakened the pressure. According to the Met officers, the cyclone has weakened the ... Heavy rains batter coastal OrissaExpress Buzz - May 26, 2009 BHUBANESWAR: Cyclone 'Aila' hit West Bengal coast near Diamond Harbour on Monday and moved into the land triggering heavy rains all along its way. ... |
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andeshkhali - Wikipedia, the free encyclopedia
Sandeshkhali
is considered a gateway to the Sundarbans. The area faces some
challenges, as for example, trafficking in girls and use of
non-conventional ...
en.wikipedia.org/wiki/Sandeshkhali - 66k - Cached - Similar pages -Sandeshkhali in India
Sandeshkhali
is a small town in North 24 Parganas District of West Bengal. It is
situated about 63 km south-east of Kolkata. Khulna (2 km west), ...
www.india9.com/i9show/Sandeshkhali-67888.htm - 6k - Cached - Similar pages -Sandeshkhali Map | India Google Satellite Maps
Sandeshkhali google map. Satellite image of Sandeshkhali, India and near destinations. Travel deals.
www.maplandia.com/india/west-bengal/north-24-panganas/sandeshkhali/ - 37k - Cached - Similar pages -Maps, Weather, and Airports for Sandeshkhali, India
Maps, weather and information about Sandeshkhali, India.
www.fallingrain.com/world/IN/28/Sandeshkhali.html - 5k - Cached - Similar pages -- [PDF]
Participatory Rural Development around Fisheries in Sandeshkhali ...
File Format: PDF/Adobe Acrobat - View as HTML
The case of Sandeshkhali II SHGs is of an experiment in rural development ... Sandeshkhali II Panchayet Samiti and the local youths led by Dinabandhu ...
www.iimahd.ernet.in/download.php?downloadid=312 - Similar pages - Sandesh Khali
Sandesh Khali A township in the Sunderbans... ... p.o-sandesh khali p.s-sandesh khali dist-24 parganas(n) pin -743446. i living at katkhali. ...
wikimapia.org/1234039/Sandesh-Khali - 18k - Cached - Similar pages -SANDESHKHALI WEST BENGAL INDIA Geography Population Map cities ...
Sandeshkhali Coordinates UTM : XE97 Geographical coordinates in decimal degrees (WGS84 ... Google links for Sandeshkhali Geographical coordinates in degrees ...
www.tageo.com/index-e-in-v-28-d-m2929163.htm - 11k - Cached - Similar pages -HINDU SAMHATI: The Hindu Reaction in Sandeshkhali
In a remote village of Rajbari under the jurisdiction of Sandeshkhali police ... SANDESHKHALI. Posted by Hindu Samhati's International Communications Team ...
hindusamhati.blogspot.com/2008/12/hindu-reaction-in-sandeshkhali.html - 66k - Cached - Similar pages -HINDU SAMHATI: Hindu Samhati Warns Sandeshkhali (West Bengal) Police
Today (07-May-2009) over 300 activists of Hindu Samhati staged a strong demonstration at Sandeshkhali Police Station to protest the shameful inaction on the ...
hindusamhati.blogspot.com/2009/05/hindu-samhati-warns-sandeshkhali-west.html - 74k - Cached - Similar pages -
More results from hindusamhati.blogspot.com »Sandeshkhali assembly constituency seat election results
6 Apr 2009 ...
Area -BR1. Bayermari-I, Bayermari-II, Hathgachhi, Nazat-I,
Nazat-II,BRSarberia Agarhati, Sohara Radhanagar and Kalinagar GPs
ofBRCDB ....
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Trail of destructionHindu - 13 hours ago BIG CALAMITY: People of a marooned village near Sandeshkhali of North 24 Parganas district in West Bengal move to safer places on Tuesday. ... Video: Cyclone Floods Bangladesh, India The Associated Press Video: Cyclone Floods Bangladesh, India The Associated Press Cyclone Aila death toll rises to 168 in India, BangladeshMetro Canada - Ottawa - 42 minutes ago AP CALCUTTA, India - The death toll from Cyclone Aila in eastern India and Bangladesh rose to at least 168 on Wednesday, officials said, while heavy rains ... Day in picturesBBC News - 19 hours ago An Indian villager carries his possessions through the floodwaters at Sandeshkhali, some 100km (60 miles) south-east of Calcutta. India and Bangladesh have ... Mamata stays back, to take charge in city todayTimes of India - May 25, 2009 Eight BSF teams moved to Sagar, Namkhana, Patharpratima, Gosaba, Sandeshkhali. Hingalganj. Hasnabad and Basirhat in North and South 24-Parganas with boats, ... 20 killed, more than two lakh homelessCalcutta Telegraph - May 25, 2009 In Sandeshkhali, North 24-Parganas officials said a hundred people marooned by the waters of the swirling Vidyadhari would have to be airlifted. ... BSF men rescue thousands of stranded villagersTimes of India - 7 hours ago The worst-hit areas are Hingalgunge, Hasnabad and Sandeshkhali blocks I and II. All the BSF border outposts have been washed away and their wireless system ... Aggrieved villagers to stay awayThe Statesman - May 12, 2009 Unhappy with his performance, villagers of Sandeshkhali, Hingalganj, Hasnabad and Ramnagar areas have decided to boycott the Lok Sabha polls, alleging that ... In Basirhat, it's all about safe drinking waterThe Statesman - May 10, 2009 Electricity is not available in villages of Sandeshkhali. There are still many areas where people drink pond water. Foundation stone laying programme was ... IAF drops food in Aila-hit areasDeccan Herald - 13 hours ago Two Army columns, one each in Sandeshkhali and Kultali of North and South 24 Parganas districts, have been carrying out rescue and relief operations, ... Violence Straining At The LeashTimes of India - May 12, 2009 In the Agrahati area of Sandeshkhali, goons had already started threatening voters, he said. Both sides the ruling combine and the Opposition are trading ... |
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Mamata stays back, to take charge in city today
Times of India - May 25, 2009
Hingalganj. Hasnabad and
Basirhat in North and South 24-Parganas with boats, medicines and
supplies. "The army and the BSF are operating in co-ordination ...
Basirhat in North and South 24-Parganas with boats, medicines and
supplies. "The army and the BSF are operating in co-ordination ...
a grim reminder of climate change
Sify - 18 hours ago
NGOs who work in the area said the main dykes in major islands such as Sagar, Patharpratima, Sandeshkhali I and II, Hingalganj, Kultoli, Mousuni and many ...
Cyclone toll rises to 62; rescue operations begin in WB
Indian Express - 20 hours ago
The army would also take up operations in Hingalganj in North 24 Parganas and Gosaba, Patharpratima and Sagardwip areas in South 24 Parganas.
Video: Cyclone Floods Bangladesh, India
The Associated Press
Video:
Cyclone Floods Bangladesh, India
The Associated Press
The Associated Press
Video:
Cyclone Floods Bangladesh, India
The Associated Press
Aggrieved villagers to stay away
The Statesman - May 12, 2009
Unhappy with his performance, villagers of Sandeshkhali, Hingalganj, Hasnabad and Ramnagar areas have decided to boycott the Lok Sabha polls, alleging that ...
In Basirhat, it's all about safe drinking water
The Statesman - May 10, 2009
Earlier the seat included
Swarupnagar, Hasnabad and Bhangore Assembly segments along with the
existing segments of Baduria, Haroa, Hingalganj and Basirhat. ...
Swarupnagar, Hasnabad and Bhangore Assembly segments along with the
existing segments of Baduria, Haroa, Hingalganj and Basirhat. ...
Cyclone toll rises to 45; rescue operations begin in WB
Indian Express - May 26, 2009
The army would also take up operations in Hingalganj in North 24 Parganas and Gosaba, Patharpratima and Sagardwip areas in South 24 Railway minister Mamata ...
Cyclone Aila leaves 9 dead, 1 lakh affected in Bengal
Times of India - May 25, 2009
The army was moving into Sandeshkhali and Hingalganj in North 24 Parganas and at Sagardwip, Gosaba and Patharpratima in South 24 Parganas. ...
Results 1 - 10 of about 16,500 for Cyclone Blocker Mangrove. (0.30 seconds)
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Mangrove Action Project
World's largest mangrove forest ravaged by Bangladesh cyclone [93%] ... the largest single block of tidal halophytic mangrove forest in the world that is ...
www.mangroveactionproject.org/search?SearchableText=tidal - 40k - Cached - Similar pages -Point Counterpoint: Sunderban and our survival — Mangrove Action ...
28 Dec 2007 ... Wanduruppa, surrounded by degraded mangroves, was severely affected, with 5000 to 6000 people killed. The powerful cyclone that hit India's ...
www.mangroveactionproject.org/news/current_headlines/point-counterpoint-sunderban-and-our-survival/ - 30k - Cached - Similar pages -
More results from www.mangroveactionproject.org »Cyclones Ravage Land of Black Pagoda by VK Joshi
13 May 2007 ... Cyclones can not be wished away. But yes their fury can be abated to some extent, if we revive the nature's barriers, the mangroves. ...
www.boloji.com/environment/115.htm - 30k - Cached - Similar pages -Bangladesh's Sundarbans Mangrove
Yhe largest block of mangrove forests in world. ... Cyclone Cuts Trail of Destruction Through Bangladesh - 1100 Feared Dead · Bangladesh Cyclone Kills 242 ...
www.buzzle.com/articles/bangladeshs-sundarbans-mangrove.html - 17k - Cached - Similar pages -- [PDF]
LIVELIHOOD SECURITY IN EMERGENCIES: LEARNING FROM ORISSA SUPER ...
File Format: PDF/Adobe Acrobat - View as HTML
villagers of Erasama Block after the cyclone. .... The challenge in future remains improving mangrove technology on production of ...
www.sphereproject.org/dmdocuments/Orrisa/Case%20Study_Actionaid.pdf - Similar pages - Are Myanmar's Storm Victims Suffering Needlessly? | Worldwatch ...
by Ben Block on May 9, 2008. Irrawaddy Delta As the floodwaters of Cyclone Nargis began to recede from Myanmar's low-lying Irrawaddy Delta this week, ...
www.worldwatch.org/node/5740 - 19k - Cached - Similar pages -Wildlife Biodiversity Conservation: Proceedings of the "National ... - Google Books Result
by Mallapureddi Vikram Reddy, Pondicherry University - 2008
It has been proven during the last super cyclone of 1999, when most of the other tree formations along the coast gave into super-cyclone the mangroves ...
books.google.co.in/books?isbn=817035529X... -Experts Say Deforestation Caused Cyclone Havoc in India
destroyed in the state's coastal region. Mangrove forests and sanddunes had all along protected the state from frequent cyclones. But local politicians ...
forests.org/archive/asia/expsayde.htm - 6k - Cached - Similar pages -Livelihood Security In Emergencies - Learning From Orissa Super ...
Super Cyclone - the worst natural disaster after the great Bengal famine 14 Coastal .... The challenge in future remains improving mangrove technology on ... area in Erasama Block suffers from soil erosion, water logging and salinity. ...
www.slideshare.net/siddharth4mba/livelihood-security-in-emergencies-learning-from-orissa-super-cyclone - 84k - Cached - Similar pages -Worldchanging: Bright Green: Are Myanmar's Storm Victims Suffering ...
As the floodwaters of Cyclone Nargis began to recede from Myanmar's low-lying ... "The mangrove forests, which used to serve as buffer between the rising tide, ... Ben Block is a staff writer with the Worldwatch Institute who covers ...
www.worldchanging.com/archives//008019.html - 41k - Cached - Similar pages -
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