02 - 08 May, 2014
RNI No. MAHENG/2012/47728
Exim Bank posts strong business growth in 2013-14 poised to grow in new areas stood at $33.6 billion. The main hi-tech export products from the country include parts of telecom, sound recording, transformers, diodes, transistors and parts of data processing machines. The key export destinations for such products from India are the US, UAE, the UK, Netherlands and Russia. Mr. David Rasquinha, Executive Director mentioned during his presentation that the new growth engine and market is Africa due to its size and huge untapped markets such as Railways, port and IT which plays a key role for Indian business houses to look forward. Africa being one of the friendliest countries it would be a best place for future growth. There is a need to encourage private Export-Import Bank of India’s Chairman and Managing Director Mr. Yaduvendra Mathur declared the players to increase investments in research and development (R&D) activities. Indian Bank’s results, for the financial year 2013-14, in Mumbai on Wednesday, April 30, 2014. Also seen in investment in R&D is largely government the picture is the Bank’s Executive Director Mr. David Rasquinha. driven, Indian firms need to be encouraged to Kerala specialized in cultivation reed bamboo, invest in R&D which will make them G. Subramanian which used to create many novelty articles Mumbai : Exim Bank’s Chairman and such as eco-friendly pens, baskets, gift articles Managing Director, Mr. Yaduvendra Mathur etc. Exim bank also provides low cost financial announced the Bank’s results for the year support to hi-tech industries. In case a 2013-14 at a press conference in Mumbai . Chennai based App developer was provided Exim bank chairman presented the fabulous an initial support of forty lakh rupees as start plans for sustainable business modules in all up has made a tremendous performance and areas of socio economic growth which helps is now a global player in the App business. While India’s total hi-tech exports stood at nation building. It starts from the self-help group project from Uravu an NGO based in $20 billion in 2011, imports in the same year
Mystery of lithium ion batteries in MH370 disappearance Kuala Lumpur : A new mystery has emerged in MH370’s disappearance with the Malaysia Airlines saying the lithium ion batteries carried in the plane weighed over 200 kg, even as the cargo manifest released recently listed the “consolidated” consignment at 2.453 tonnes. “ A b o u t t wo tonnes, equivalent to 2,453 kg of cargo was declared as consolidated under one master airway bill. This master AWB actually comprised five house AWB. Of these five AWB, two contained lithium ion batteries amounting to a total tonnage volume of 221 kg. The balance three house AWB,amounting to 2,232 kg, were declared as radio accessories and chargers,” the Malaysia Airlines (MAS) said in a statement last night.But this has not
been disclosed before and is not stated in the cargo manifest, the Star reported.According to Malaysian company NNR Global Logistics the batteries formed only a small part of a “consolidated” shipment weighing 2.453 tonnes.Even though the MAS said the batteries weighed 221 kg, a c o m p a n y spokesman said they weighed less than 200kg. He, however, did not say what the remaining 2.253 tonnes of cargo was. “I cannot reveal more because of the ongoing investigations. We have been told by our legal advisers not to talk about it,” he was quoted as saying by the daily.He said he could not name the company which manufactured the batteries. (Cont. Page 4)
technologically strong while at the same time incentivise their entry into technologically advanced product lines. Business & Financial Performance Lines of Credit aggregating US$ 1,771.75 million (24 new LOCs during the year) were extended to support export of projects, goods and services from India. 189 LOCs, covering 75 countries in Africa, Asia, CIS, Europe and Latin America, with credit commitments aggregating US$ 10.33 billion are currently available for utilisation, while a number of prospective LOCs are at various stages of negotiation. Project Export Contracts supported by Exim Bank in 2013-14, amounted to Rs. 34,131 crore, which were secured by 40 companies in 35 countries. As on March 31, 2014, 319 project export contracts valued at Rs. 1,40,326 crore (approx. US$ 23.42 billion) supported by the Bank, were under execution, in 74 countries across Asia, Africa and CIS by 99 Indian companies. Buyer’s Credit – National Export Insurance Account (BC-NEIA) : The Bank has till date sanctioned an aggregate amount of US$ 444 million for 5 projects valued US$ 520 million under Buyer’s Credit – National Export Insurance Account (BC-NEIA). (Cont. Page 4)
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02 - 08 May 2014
Recipe of the week EGGLESS JAM BISCUITS
Ingredients Maida/All purpose flour Vanilla custard powder Corn flour Butter Powdered sugar Curd Vanilla essence Jam(any kind)
3/4 cup 3/4 cup 4 tblsp 1/2 cup 1/2 cup 3 tblsps 1/2 tsp 2 tblsps
Method: Soften butter and beat it until frothy along with powdered sugar and the essence. Add the flours and curd and make it into a smooth dough. Spread the dough in a flat surface using a rolling pin for about 5 mm thickness. Use cookie cutter of any shape and cut out the shapes. Use
the remaining dough and repeat the process. Arrange these biscuits in a baking tray lined properly(I used aluminium foil). I used the essence bottle’s lid for making a dent at the centre to fill the jam Just a very very shallow dent.You can use your thumb too. I just melted(made it loose) the jam in a small pan.(take care not to heat it too much,just when it starts to get warm,remove from fire) Just fill a drop to cover the dent we have made in the biscuits. Pre- heat oven at 180degrees C and bake the biscuits for 12 – 15 minutes(mine took 15 minutes) or until done. After cool down store in airtight containers and enjoy the home made Jam biscuits! by - S. Suchithra
MEGA BLOCK ON 4.5.2014
Last week’s Solution
Central Railway will operate Mega Block on its suburban sections for carrying out maintenance work on Sunday 4.5.2014: MULUND-MATUNGA UP FAST LINE FROM 11.30 AM TO 4.00 PM UP fast services leaving Thane from 11.21 am to 3.53 pm will be diverted on UP slow line between Mulund and Matunga stations halting at all stations upto Sion and further re-diverted on UP fast line proper at Matunga station and will arrive destination 20 minutes behind schedule. DN fast line services leaving Chhatrapati Shivaji terminus Mumbai from 10.08 am to 2.51 pm will halt at Ghatkopar, Vikhroli, Bhandup and Mulund stations in addition to their respective scheduled halts and will arrive destination 15 minutes behind schedule.
All slow locals arriving and leaving Chhatrapati Shivaji Terminus between 11.00 am to 4.00 pm will arrive destination 15 minutes behind schedule. KURLA-MANKHRD UP AND DN HARBOUR LINES FROM 11.00 AM TO 3.00 PM DN Harbour line services to Panvel/ Belapur/Vashi leaving Chhatrapati Shivaji Terminus from 10.23 am to 3.01 pm and UP Harbour line services from Panvel/ Belapur/Vashi leaving Panvel/ Belapur from 10.20 am to 3.04 pm will remain suspended. Special local trains will run on Chhatrapati Shivaji Terminus–Kurla and Mankhurd– Panvel sections during the block period. Harbour line passengers are permitted to travel via Trans Harbour line / Main line from 10.00 am to 4.00 pm.
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02 - 08 May 2014
DPO’s NETT College of Physiotherapy achieves 100% results in Mumbai University Exams May-June 2013 Forever News reporter during an interview with Dr. P. B. Tahilramani Chairman – DPO’s NETT College of Physiotherapy. What was the need for the initiation of DPO’s NETT College of Physiotherapy? DPO’s NETT College of Physiotherapy, recognized by the Government of Maharashtra and approved by IAP and affiliated to Maharashtra University of Health Sciences, Nashik (Maharashtra) was the result of a strong need identified among the students in Thane and nearby areas for an institution that would not only provide the best of education in Physiotherapy with modern machines and techniques adopted to give them the best form of education and to provide them career oriented opportunities to earn a decent livelihood and sustain themselves independently. Deep Paramedical Organization (DPO) is a registered trust formed by myself as its Chairperson in 1995 to offer Paramedical Courses to the students. Initially we started with a batch of 50 students and after its success NETT College of Physiotherapy was initiated in 2008. Physiotherapy provided ample opportunities to the students to get better opportunities in the Health Care Industry and hence the need to provide specialized training with modern techniques and equipments so that the students are aware of each and every aspect of Physiotherapy. Moreover we have tied up with esteemed hospitals for internship and clinical posting like M.T Agrawal Municipal Hospital (Mulund), Swatantraveer Vinayak Damodar Savarkar Municipal Hospital (Mulund),National Burns Centre (Navi Mumbai), Tata Memorial Hospital (Parel), Saifee Hospital (Churni Road) and Masina Hospital (Byculla). What is the Objective and Uniqueness of DPO’s NETT College of Physiotherapy? Our main objective is to give uniqueness in the field of Physiotherapy and to fulfill the increasing demand of qualified physiotherapists both in India and abroad. We also strive to provide complete practical training to the students in a modern equipped physiotherapy department. We are committed to participate in
the developing of professional and technical education and also establish a job-oriented and guiding of physiotherapy in the state. We provide a friendly excellent academic atmosphere for the faculties, staff and the students for self development and have well experienced and qualified faculties selected by a panel of experts DPO’s NETT College of Physiotherapy provides optimum blending of meditation, human values, cultural heritage and technical education to the students. How do you see DPO’s NETT College of Physiotherapy five years down the line? I would like DPO’s NETT College of Physiotherapy to be the most preferred institution not only in Thane and surrounding areas but also within the District in terms of the best education imparted but also the set of values and culture instilled in the students which will remain with them forever. Education for Employment being the rationale of the institution, will win the appeal of the students opting for a career as a Paramedic. What are the assessment procedures for judging the students progress and what is being done specially for the weaker students? Assessment of the students is done both internally as well as externally for theory and practical respectively. Assessment is done for the students periodically and practical experience gained through In-plant training in various Hospitals are also considered for evaluation from external observers. The assessment procedures are very transparent and help the students to come out with flying colours in their educational journey. What are the facilities provided to the students of your institution? We have a fully equipped Electro and Exercise Department with modern facilities, a well stocked library for the students and the faculty, Wireless Internet Connectivity for the students, Hostel Facilities for students coming from other states and
Dr. P. B. Tahilramani Chairman – DPO’s NETT College of Physiotherapy. distant areas, Transport Facilities offered in the form of college bus to all students commuting between the hospital and college during their posting to hospitals and during the students visit to the physiotherapy camps organized outside the campus, Mess facilities with good, nourishing and hygienic food provided to the students staying in the Hostel. Well qualified and committed faculty with conceptional teaching methods providing a different way of learning process to the students with a happy and supportive environment. DPO’s NETT College of Physiotherapy offers currently B.P.T.H (Bachelor of Physiotherapy) to the students and plans are already ahead to offer them ( M.P.T.H) Masters Degree Course in Physiotherapy. What recreational facilities are provided? Excellent facilities are provided for both indoor and outdoor games for the students and sports meets are conducted every year. Students are taken for Implant Training in reputed Hospitals we have tied up with for gaining practical knowledge as well as understanding the latest technology and machines as a part of their curriculum. Various seminars are conducted for the students on an ongoing basis by leading experts in the field of Physiotherapy to upgrade the knowledge base of the students from time to time. Annual Day and Cultural day give the students an opportunity to bring out their best talents and participate in large
numbers. Picnics are arranged for the students to defuse their stress levels of the What place has moral values in the development of the students of your institution? Moral values play a very important role in the development of our students and our institution is pledged in instilling moral values in each and every student of our DPO’s NETT College of Physiotherapy. Right from the management to the faculty and to the students, moral values are practiced and taught and respected and this has been the most precious aspect of this institution for we have been able to give the students not only the best standards of education but also nurtured in them our moral values to be inherited by them throughout their life. Respect for the faculty, parents, elders, honesty, integrity, politeness, humbleness is instilled in them to make them respectable citizens of Future India. What is the status of
Management Trainees. Summer Training assignments are arranged for the First Year and Second Year students the main aim of the placement cell is to act as a contact place and facilitator to arrange campus visits and conduct of recruitment process of prospective employers for the purposeful placement of graduating students of the college. The cell also seeks opportunities for the betterment of the institute and industry interaction through participation in Institute-Industry-Interaction programmes and by inviting experts from the industry and related fields to deliver guest lectures on various aspects and provide guidance to the students for their better placement and career opportunities. What is being done for society as a social cause on the part of DPO’s NETT College of Physiotherapy? Blood Donation Camps are organized regularly in our OPD and Free Physiotherapy Check Up Camps are organized for the common people. Diagnosis and
Results of Mumbai University Exams May-June 2013 In the recently declared results of Exams conducted in MayJune 2013 by the University of Mumbai DPO,s NETT College of Physiotherapy has achieved 100 % results as mentioned below :Fourth Year B.P.Th – 100% overall results Toppers 1. Miss. Rashida S. Rampurwala – 1st with 78.12% 2. Miss. Nupur S. Maniar -2nd with 76.5% 3. Miss. Khalida M. Shayerwala 3rd with 75.25% Dr. Ajaykumar the Principal of the college, having almost 20 years of wide experience in the field of Physiotherapy from prestigious institutions and has a consistent record of 100% results in his fields not a single student of B.P.Th having failed in his career record, congratulated the students for their outstanding efforts. Dr. Tahilramani, Chairman of DPO’s NETT College of Physiotherapy was all praises for the student achievers and made special mention of the efforts of the Teaching Staff and congratulated them for the achievement of their students. placements for your students? We in DPO’s NETT College of Physiotherapy are proud to announce that we have been able to ensure 100% placements for our students. We have tied with leading Hospitals to ensure placements for each and every student. Campus Interviews by renowned National and International Companies are arranged by the Placement Cell for the final placement of students as
treatment is rendered to them at a very nominal rate of Rs.50/- only as a part of the institution’s commitment to the society and people of Thane in particular. What is the mission statement for the students of your institution? “We implant the Physiotherapy Techniques in their brain” says Dr. Tahilramani, Chairman of DPO’s NETT College of Physiotherapy.
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Edit ... 3G Telecom loss on Govt
ith the recent development in The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) overturned the 2011 ban imposed on intra-circle roaming (ICR) pacts among operators. This allows them to offer 3G services even in cities where they do not have the spectrum. This will benefit the big three — Bharti Airtel, Vodafone and Idea Cellular, who can now offer their customers seamless services in circles where they do not have licences to operate and will also boost 3G services. These three players did not get pan-India 3G spectrum during the 2010 auction of spectrum and so entered into ICR pacts to offer 3G services in circles where they did not win 3G licences. The telecom department declared these pacts illegal and imposed a collective penalty of Rs 1,200 crore that TDSAT has now quashed. Whilst on the face of it this sharing of networks sounds good as it saves on costs and allows optimum use of infrastructure, it means a loss by way of licence fees to the government. Roughly, the government stands to lose around Rs 20,000 crore if these three operators are permitted to enter into ICR pacts. Also, in future, an operator can buy a cheap licence, say for J&K circle, and go pan-India for a song. TDSAT’s order is not likely to go unchallenged. The government can go to the Supreme Court and communications minister Kapil Sibal has already said that ICR pacts are specifically disallowed in the licence agreements. There has been talk of changing this licence rule without causing a loss to the government. But now it can only be done by the next government. - G. Subramanian
02 - 08 May 2014
Exim Bank posts strong business growth in 2013-14 poised to grow in new areas The Bank has also given in-principle commitments for supporting several projects and the current active pipeline includes 54 projects aggregating US$ 7.43 billion under BC-NEIA. Overseas Investment assistance was sanctioned to 42 corporates aggregating Rs. 6,456 crore for financing their overseas investments in 37 countries. So far, Exim Bank has provided finance to 494 ventures set up by 391 companies in 80 countries. Profit before tax (PBT) and profit after tax (PAT) of the Bank were at Rs. 1,020 crore and Rs. 710 crore respectively during the year 2013-14. Resources/Treasury During the year, the Bank raised borrowings of varying maturities comprising rupee resources of Rs. 22,654 crore and foreign currency resources of Rs. 19,238 crore equivalent. The Bank is rated investment grade, on par with the country’s Sovereign rating. As on March 31, 2014, the Bank was rated Baa3 (Stable) by Moody’s,
• • •
BBB-(Negative) by Standard & Poor’s, BBB(Stable) by Fitch Ratings and BBB+(Negative) by Japan Credit Rating Agency (JCRA). The Bank’s Rupee debt instruments continued to enjoy the highest rating viz. AAA rating from the rating agencies, CRISIL and ICRA. New Benchmarks In The International Capital Markets The Bank issued US$ 500 million RegS Eurodollar bonds for a tenor of 5.5 years in March 2014. These bonds are included in the Emerging Market Bond Index (EMBI). The Bank raised US$ 320 million equivalent by way of issue of Uridashi Bonds (a bond denominated in a foreign currency and sold directly to Japanese household investors) in three different currencies viz., Turkish Lira, Japanese Yen and Mexican Peso thereby achieving diversification of investor base. The Bank has now tapped the Uridashi Bond market on three
occasions and continues to be the only Indian entity in this market. New Initiatives Exim Bank’s Project Development Company: The Bank will set up a Project Development Company (PDC) in Africa, which will essentially look to bring infrastructure projects in Africa to a bankable stage and facilitate exports from India to Africa. This is the first time Exim Bank is looking to set up a PDC and also the first time in Africa. Exim Bank’s presence in Myanmar: To bolster bilateral trade and investment between India and Myanmar, the Bank opened its eighth Representative Office in Yangon, Myanmar, becoming the first Governmentowned Exim Bank in the World to set up its operations in Myanmar. Seminars with AfDB for
Mystery of lithium ion batteries in MH370 disappearance Malaysia Airlines CEO Ahmad Jauhari Yahya had also announced on March 24 that 200kg of lithium batteries were on board the plane. He said they were packed safely. Malaysian authorities released the plane’s full cargo manifest along with the preliminary report on the missing Boeing 777-200 on Thursday which showed that NNR Global shipped 133 pieces of one item weighing 1.99 tonnes and 67 pieces of another item weighing 463kg for a total weight of 2.453 tonnes. Neither the number of batteries nor its weight were specified. The manifest came with an instruction that it should be handled with care and that flammability hazards exist. Its flammability had been the source of many earlier theories over how the plane was lost. However, most of the theories have been debunked. Meanwhile, an International panel probing the case of the missing Malaysian jet will determine the reason for the fourhour delay in the hunt for the plane. The Beijing-bound plane – carrying 239 people, including five Indians, an IndoCanadian and 154 Chinese nationals – had mysteriously vanished on March 8 after taking off from Kuala Lumpur. It was reported that the missing plane was carrying lithium ion batteries and 4.566
tonnes of mangosteens.The manifest showed that the batteries were from NNR Global. NNR Global is located at the Dis3plex Free Commercial Zone at the Airfreight Forwarders Warehousing Cargo Complex, less than 100 metres from the Penang International Airport. The complex is guarded by the police and only those with passes are allowed entry.The package was meant for NNR Global Logistics (Beijing) Co Ltd but a company named JHJ International Transportation Co Ltd, Beijing Branch, was to collect the cargo on its behalf.Meanwhile, Inspector-General of Police Khalid Abu Bakar today said the deleted data on missing Malaysian jetliner MH370 pilot Capt Zaharie Ahmad Shah’s flight simulator is yet to be fully recovered. He said retrieving the data was a difficult process even with the assistance of the Federal Bureau of Investigation (FBI). “We have only retrieved some of the data from the simulator. I cannot reveal further as it is still under investigation,” Khalid told reporters in Kuala Lumpur.Police have not ruled out anyone as suspects, including Capt Zaharie, he said.“We have recorded statements from 311 people, including foreigners,” he said.
Indian companies: Given increased interest of Indian consultants, contractors and suppliers in many developing countries, the Bank has organized a series of interactive seminars on business opportunities in projects funded by the World Bank Group and the African Development Bank Group (AfDB) at New Delhi, Mumbai and Hyderabad. Financial Performance Loan Portfolio Up 16% to Rs. 75,873 crore. Non-Fund Portfolio Up 22% to Rs. 9,426 crore. Net worth of the Bank Up 15% to Rs. 8,310 crore. Return on Capital to the Central Government Up 29% to Rs. 339 crore. Total Business Up 14% to Rs. 1,56,782 crore. Capital to Risk Assets Ratio 14.32% Net NPAs 0.43% (80% provision cover) for more information visit www.forevernews.in
Mother-son government destroyed country : Modi Srinagar (Uttarakhand) : BJP’s prime ministerial candidate Narendra Modi Saturday accused the Congress party of destroying the country, and said the “mother-son government” was a perfect example of failure. “In the past 10 years, the country has been destroyed due to corruption. It is sad to see that the mother-son (Congress president Sonia Gandhi and vice-president Rahul Gandhi) gove r n m e n t i n Delhi does not get worried about it. They say and believe that such things happen and people will forget them,” Modi said said at an election rally here. The Uttarakhand government and the “mother-son government were perfect examples of failure, the Gujarat chief minister said amid loud cheers. Attacking Home Minister Sushilkumar Shinde, Modi said: “The home ministry in the mother-son government had said forget about the corruption… people will forget it like the Bofors scam.”
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5th Annual CropWorld Looking at a Big Start in Mumbai Next Month
services, Dr C Prabhu, Principal and Senior Vice Looking at t h e President at Rabobank, Ramanathan, tremendous response at the A n a n d 5th Annual CropWorld, the Associate Director, KPMG, conference is scheduled for a Dr Banibrata Pandey, Vice Somnath grand opening on the 21st of P r e s i d e n t , Chatterjee, Head May, 2014 this year. Leading companies from Procurement, ITC Foods the Indian agricultural Division, S Venuji, VP sector like Insecticides Purchase and Supply Chain, (India), Dhanuka Agritech, Sabero Organics, Santosh CEO, Camson Rallis India, Meghmani N a i r, Organics, ITC Limited, Biotechnologies, Dr Sunil I n d o f i l I n d i a , A d a n i Saran, Chairman, Amity Agrifresh, Krishidhan Seeds, International Centre for Post Sula Vineyards, Crystal Harvest Technology & Cold C r o p c a r e , N a g a r j u n a Chain Management, Dr Fertilizers and Chemicals, Anup Karwa, Director, Sulphur Mills and many Krishidhan See ds, Dr m o r e w i l l g a t h e r i n g Andreas Wais, MD, Eurofins together to devise common Regulatory AG from Europe solutions to problems in the and Flavio Hirata, Partner, AllierBrasil Consulting & Indian agricultural industry. steadfast support members Co.tofrom South Industry experts such asour Advisory in their fight for justice. hs have been Rajesh Aggarwal, Managing America will be presenting I reiterate that AHAR is the sole ghting odds case D i r e c t o r, I n s e c t i c i d e svoiceglobal of hoteliers in thisstudies city and it and unfair rules practical knowledge. (India), Padmashree Dr MH is only through your support, cowith various and involvement that the it is secretaries, pace at which Mehta, Chairman of GujaratoperationThe industryCropWorld and the association r authorities India is Lifesciences, Dr Surinderhotelgoing, I reiterate that can move ahead. r grievances. slated to the agricultural Tikoo, Director, Research AHAR is the sole Meanwhile, we have been g that the conference the year Breeding working of to update our with en our views voice& ofDevelopment,constantly knowledge of the present day interest ofTierra the attendance from the who’s Seed Science, Manish hoteliers in this working of hotels. Wecrop have conducted and tourism who of the industry. Panchal, Practice Head City and it is many workshops to impart e now moving Chemicals from the Tata for more information visit only through knowledge about the basic www.forevernews.in Strategic Management your support, requirements of hygiene, cost in the process Forever News reporter
co-operation and Congress involvement, leader shot dead we can move ahead.
reduction, planned management etc. sultancies to Only the adoption of timely and port based on innovative measures will enable us to ocess, of which survive in a world where only the bring relief to Aligarh (UP) : A local Congress leader was shot dead fittest survive. gh expected allegedly by unidentified persons near his house in Vivek However, the need of the hour is regulations. havinghere, soundpolice financialsaid resource to is long andVihar the colony of Sasnigate area today.35the increasing overheads and patience year-old and Ravi Yadav, generalmeet secretary of Aligarh’s Congress legal expenses. Here, I request all hoteliers to come . We are thankful to the unit was shot last night while he was returning home on his together and pool their voluntary resources to forward and support us in bike, they said.He was rushed toand a provide hospital serious AHAR to make it strong reliefin to lakhs condition, where he was declared dead, police said.An FIR of hoteliers. ve succeeded in convincing Since the AGMunidentified is fast approaching, my appealpolice to pany Limited the need to hasofbeen registered against persons, hoteliers is to enrol new members, renew existing onnection to hotels, where said, adding, a probe into the matter is on. membership, donate voluntarily to AHAR corpus y been laid, and is now trying and make it an association strong enough to meet tility to extend its service to the aspirations of thousands of hoteliers. th our members in the fight With regards, we advise them to continue ht against injustices. Matters Shaashikant K Shetty Ex-ACP and a few MCGM Lucknow Uttar Pradesh chief minister Editor een dealt firmly, are proof of : Former
N.D. Tiwari meets his woman companion
Narayan Dutt Tiwari met his estranged woman companion Ujjwala Sharma Friday night after the Lucknow police intervened. Sharma, 62, has filed a police complaint against the Congress leaders’s officer on special duty Bhawani Bhatt and security personnel for not allowing her to enter Tiwari’s house. Sharma, a former college professor in Delhi, staged a sit-in outside Tiwari’s house. Police was called in and after a brief altercation, Sharma, whose son Rohit Shekhar was recently accepted by Tiwari as his biological son, was taken to the former chief minister’s house and the two patched up.
02 - 08 May 2014
Rohtang Pass reopens after five months Manali : The snowbound Rohtang Pass, gateway to the adventure tourism destination of Lahaul valley in Himachal Pradesh, reopened for traffic after remaining closed for five months, an official said Saturday.The pass, located at 3,978 metres in the Pir Panjal mountain range, was closed for traffic since November due to heavy snowfall.“State-run buses between Manali and Keylong towns started plying from today (Saturday),” The idyllic Lahaul Valley attracts a number of backpackers, especially foreigners.
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02 - 08 May 2014
State Bank of India sets up Rural Self Employment Training Institutes (RSETIs) across India Smt. Arundhati Bhattacharya, Chairman, SBI( in centre) Mr. V.M. Hagaragi, AGM, SBI and Mrs. Shanthi Raghavan, Managing Trustee, EnAble India, exchanging files and seen behind are MR. M .G. Vaidyan, DMD, SBI, Mr. N. K. Chari, DMD (MCG), SBI and Mr. Deepankar Bose, GM, SBI also seen.
MP Tourism Promotes Destinations Throuqh Online Quiz Contest Bujho To Jaane As part of its brand promotion endeavour, Madhya Pradesh Tourism has launched an online quiz contest -Bujho to Jaane. The contest is open from 1-18 May,2014 and can be accessed on the website of the corporation, www. mptourism.com. For detailed information, the toll free helpline number 1800-2337777 may also be contacted. Chief General Manager , MP Tourism, Mr OV Choudhary informed that through Bujho to Jaane quiz contest, the Corporation is trying to promote and create awareness about the various heritage sites, national parks, tourist destinations of the state. Winners will be given attractive prizes. Age is no bar for this contest. The name of the winners will be announced on Madhya Pradesh Tourism Day on 24 May 2014.
IDBI Bank Q4 Results The total income increased to Rs 7,866.52 crore for the quarter ended March from Rs 7,543.78 crore in the quarter ended March 31, 2013, IDBI Bank in a filing on BSE. For the full-year ended March, the bank’s net profit dipped by 40 percent to Rs 1,121.4 crore from Rs 1,882.08 crore in 2012-13. The total income increased to Rs 28,283.81 crore for the entire year ended March 31, 2014, from Rs 19,359.4 9 crore in the previous fiscal. Shares of IDBI Bank closed at Rs 68.20 per unit, up 0.2 percent on the BSE. Highlights of Q4 FY 14 (March 31, 2014) financial results vis-à-vis Q4 FY 13 (March 31, 2013) • Business up 2% to Rs. 4,33,460 Crore (from Rs.
4,23,423 Crore) • Deposits increased by 4% to Rs. 2,35,774 Crore (from Rs. 2,27,116 Crore) • Advances up by 1% to Rs. 1,97,686 Crore (from Rs. 1,96,306 Crore) • Total assets grew by 2% to Rs. 3,28,997 Crore (from Rs. 3,22,769 Crore) • Net Interest Income(NII) for year ended March 2014 up 12% to Rs. 6,021 Crore from Rs. 5,373 Crore for year ended March 2013 • Net Profit during year ended on March 2014, was lower at Rs. 1,121 Crore against Rs. 1,882 Crore during year ended March 2013 - driven mainly by increased provisioning for NPL and Investments.
Bank of Baroda opens its 2nd Branch in Margao City, Goa Bank of Baroda opened its 2nd Branch in Margao City – Near Pimpalkatta, Old Station Road, Goa. Shri B B Joshi, Executive Director of the Bank inaugurated the branch during his recent visit to the city. With the opening of this branch, Bank now has 30 branches in the State of Goa and 60 branches in its Goa & West Maharashtra Region.
Shri B B Joshi, Executive Director of Bank of Baroda (centre) is seen inaugurating Bank’s 2nd Branch in Margao City, Goa.
Central Bank Of India Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.05.2014 The Bank now offers interest of 4.81 % for USD Deposit of 5 Years, 5.28 % for GBP Deposit of 5 Years, 3.95 % for EURO Deposit of 5 Years, 5.09 % for CANADIAN DOLLAR Deposit of 5 Years & 6.60 for AUSTRALIAN DOLLAR Deposit of 5 Years. These rates are revised based on the rates announced by FEDAI on 30/04/2014 & is valid till 31/05/2014.
RCom to pull discounts as Q4 profit nearly halves In the recently announced results by Reliance Communications Ltd (RLCM.NS), India’s fourth-biggest mobile carrier, said it would focus on further withdrawing customer discounts and improving its profitability as its quarterly profit fell by almost half. Carriers in the highly-competitive Indian market have seen some pricing power return in the past year after a court order forced some of their smaller rivals out of the market. They have withdrawn promotional offers, effectively raising prices of voice calls, which account for about 85 percent of revenue.
Shriram City Union Finance jumps after strong Q4 results
The President, Pranab Mukherjee, the Vice President, Mohd. Hamid Ansari, the Prime Minister, Dr. Manmohan Singh, the Defence Minister, A. K. A ntony among others at the Defence Investiture Ceremony – II, at Rashtrapati Bhavan, in New Delhi on May 02, 2014.
Shriram City Union Finance surged 4.39% to Rs 1235 on BSE after consolidated net profit rose 20.49% to Rs 151.36 crore on 0.85% decline in total income to Rs 833.94 crore in Q4 March 2014 over Q4 March 2013. The Q4 result was announced after market hours on Wednesday, 30 April 2014. The stock market was closed on Thursday, 1 May 2014, on account of May Day. Meanwhile, the S&P BSE Sensex was almost unchanged at 22,417.84. On BSE, so far 2,659 shares were traded in the counter as against average daily volume of 24,778 shares in the past one quarter.
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02 - 08 May 2014
‘GayleStorm’ aka West Indian Star All-Rounder Chris Gayle’ is the Brand Ambassador for WHAM! Mobiles Forever News reporter
Wham! Mobiles, one of the fastest growing Indian handset manufacturers, will now be endorsed by the legendary West Indies all rounder- Chris Gayle. With this move, WHAM! makes its pitch at the national level: offering cutting edge mobiles at affordable prices with a big star to endorse it for greater impact. For the young generation, who demands a handset packed with many features that’s also easy on the pocket, they can easily relate to Chris Gayle with his power performance on the field just as Wham!.Chris Gayle will be endorsing the entire range of smart phones, feature phones and tabs for WHAM! in India. On the association with Wham!, Chris Gayle said, “I am excited to be the face of WHAM! as the name personifies my performance on the cricket field. WHAM! stands for high quality products with latest technology and what’s best is it looks very trendy. Within a short span of time they have reached out to 1 million users in India and I am proud to be
Madhya Pradesh launches web portal for panchayats Madhya Pradesh launched a web portal for village panchayats to ensure greater transparency in their functioning.Madhya Pradesh Chief Secretary Antony D’sa launched the “Panchayat Darpan” website at a function here. “With this launch, Madhya Pradesh becomes the first state to bring transparency in operations of panchayats and maintain continuous audits,” a statement released after the function said. “This unique portal will enable all accounts be maintained with full details at the Panchayat level and also available in public domain for anybody to know through the we b s i te , t h e a m o u n t disbursed and the works undertaken by the three tiers of panchayats,” it added.
associated with a successful brand as WHAM!” L S u b h a s h C h a n d ra , Managing Director, Wham! says, “We are thrilled to unleash the famous ‘Gayle Storm’ on our WHAM! customers. We couldn’t find a better connect to our brand than Chris. Wham! is an all-rounder just like our brand ambassador Chris Gayle, providing the ever evolving Indian customers with the latest innovation, the finest features and the most stylish products at an affordable price. Chris Gayle is the perfect embodiment of what Wham! is all about. We are proud to be associated with the
all-rounder.” About WHAM! and its underlying appeal, Subhash says, “WHAM! has launched 32 s in the market at an attractive price range of Rs 999 to Rs 14,999, within one year. Our products have been received very well by our Indian customers in 11 states. We aim to expand our presence n a t i o n a l l y. With this partnership, we look forward to bringing both the all-rounders – WHAM! and Chris Gayle – on the national platform for better delivery and a power-packed performance.” Wham! Mobiles is one of the
fastest growing mobile brands in the high-growth Indian mobile phone handset industry. Wham! was launched by Sangeetha Mobiles which has been in the mobile retail business for the past 18 years. Constant innovation in technology has helped Wham! grow at a rapid rate in a very short span of time. Wham! believes in making the power of technology available to all and at an affordable price. Wham! has already launched 32 handset in the market , priced at attractive ranges between Rs 999 to Rs 14,999. for more information visit www.forevernews.in
FIRE AND SMOKE INCIDENT AT CST - UPDATE Forever News reporter
There was a fire incident in Second Class Chair Car (second from rear end – Mumbai end) of 12123 Mumbai-Pune Deccan Queen at Chhatrapati Shivaji Terminus Mumbai on 30.4.2014 at 17.03 hrs. Immediately OHE was switched off, fire tenders were called for. There was no injury to any passengers. The affected coach was detached for investigation. Due to this, Deccan Queen left
Chhatrapati Shivaji Terminus Mumbai at 18.14 hrs. There was also incident of smoke emanating from S-5 coach of 11023 Mumbai-Kolhapur Sahyadri Express on Platform No.9 at 17.43 hrs (train left at 19.07 hrs) and 12809 Mumbai-Howrah Mail via Nagpur on Platform No.15 at 18.10 hrs (expected to leave as per schedule). The affected coaches of the respective trains were detached for investigation. Due to this incident, there was no hold of traffic on suburban line.
Court asks police to register case against Ramdev Jodhpur : A court here has ordered police to register a case against yoga guru Ramdev and initiate an inquiry against him for his controversial “honeymoon” remark against Rahul Gandhi. The court of Metropolitan Magistrate gave this order while admitting an istegasa (legal complaint) by Vijay Rao of Jodhpur on Friday through his counsel M A Rao demanding an FIR against
Ramdev and an appropriate action against him for his comments involving the Dalit community. Ramdev had stoked a controversy last month by stating that, “Rahul goes to Dalits’ houses for honeymoon and picnic.” After massive outrage, Ramdev had expressed regret for the remarks. “The court admitted the istegasa yesterday and ordered
police to register an FIR against Ramdev under sections 171(C) of IPC (interfere with free exercise of any electoral right commits the offence of undue influence at an election) and 3 (1) (X) of SC/ST (Prevention of Atrocities) Act, which stands for making insulting remarks pertaining to the caste or community) and initiate an investigation against him,” said M A Rao, the counsel for the complainant.
AAP activists attacked by alleged Congress workers Amethi : The Aam Aadmi Party today alleged that Congress workers attacked their campaign vehicle and also roughed up some party activists in Tikaria industrial area in Gauriganj here. According to AAP spokesperson Pankaj Shukla, some Congress workers damaged their party’s campaign vehicle and beat up AAP activists near a petrol pump in Tikaria industrial area underGauriganj police station here. SHO (Gauriganj) Ratan Singh said that he is looking into the matter. Reacting to the incident, AAP candidate from Amethi Kumar Vishwas told PTI that Congress workers are “disappointed” with the election response and are now resorting to hooliganism. “Congress has lost the election and in disappointment has come to gundagardi (hooliganism). I will go to Election Commission with my complaints,” Vishwas said. He also alleged that “police is under heavy pressure (from Congress) and not cooperating with AAP even on ground.” No Congress leader was available for comment on the incident.
Court asks cops to give unedited CCTV footage to Tejpal Panaji : A local court today asked Goa Government to hand over unedited portion of CCTV footage of the area near a lift in a hotel to senior journalist Tarun Tejpal, accused of sexually assaulting a junior woman colleague last year. Tejpal had requested the fast track court for the footage which is part of the chargesheet filed by crime branch earlier. The senior journalist sought the footage of the area in the starred hotel for a time period from November 7, 2013 when the crime was allege d to have happened till November 29, when he was arrested. His lawyers had maintained that the proof of Tejpal’s “innocence” lies in the footage which was procured by the investigating agency. The founder-editor of Tehelka magazine is lodged in a jail here in a case of alleged sexual assault of his junior woman colleague at the hotel during an event. In its chargesheet filed on February 17, the crime branch accused Tejpal of rape, sexual harassment and outraging modesty of woman.
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02 - 08 May 2014
The 2nd ‘’World Tea & Coffee Expo’ 2014 to be Held at Mumbai, India from 11th - 13th Sept 2014 Forever News reporter
The 2nd “World Tea & Coffee Expo” ™ 2014 (www.worldteacoffeeexpo.com), India’s only trade show focused on the tea and coffee sectors will be held at Bombay Exhibition Centre, Goregaon,
Mumbai, from 11th Sept - 13th Sept 2014 (Thursday - Saturday). At this exclusive trade show all leading global companies associated with tea and coffee trade will showcase their products and technologies. For the tea trade professional, there will be access to tea boards, certifications, new teas and infusions, tea processing and packaging machinery, teabag material manufacturers and allied products and accessories. Aside from the impressive and varied list of exhibitors, there will also be numerous tea tastings and awareness seminars. Coffee too is witnessing strong retail volume growth, owing to growing consumer interest in coffee amidst intensive marketing campaigns by players. The
coffee industry will also be strongly represented here. Exhibitors would range from producers and exporters to roasters, machinery manufacturers and coffee-related accessories. Tea and coffee are among the most popular beverages, consumed both in India and around the world. The top two tea producing nations - China and India, collectively produce about 60% of total global tea output. India is the second-largest tea producer and consumer after China and fourth largest tea exporter after Kenya, China, and Sri Lanka. India, which exports more than two-thirds of its coffee output, grows coffee primarily in its Southern part. Recently, coffee too has become very popular in India amongst the youth thanks to entry of new Indian and overseas chains like Barista, Café Coffee Day (CCD), Costa Coffee, Gloria Jean’s, and others. With domestic coffee outlets set to increase manifold over the next 3 years, in addition to foray of global players such as Starbucks and Dunkin’ Donuts in India, the coffee industry is likely to witness healthy growth in future. for more information visit www.forevernews.in
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