February 8, 2011 in India News by Kumar

ICAI Results November 2010 for CA IPCC and PCC announced

All the students who appeared for PCE, IPCE, MAC,IRM, ITL & WTO Exam need to hold their breath for the last moment as the ICAI (Institute of Chartered Accountants of India is all set to declare the results today i.e. on February 8, 2011.

These ICAI CA Results 2011 include IPCC Results Nov 2010 and Integrated Professional Competence Examination/ Accounting Technician Examination (IPCE/ PCE).

The exams were held in the month of November last year. It is expected that the result will be out on the official website of ICAI at around 1:00 pm.

So, all the candidates who appeared for the above mentioned exam can check the results by visiting the institute’s official website: http://www.icai.org/, once declared.

Students can download the IPCC Nov 2010 results from ICAI’s result website http://caresults.nic.in/.

Students can also receive their IPCC Nov 2010 results through email in the inbox. For this purpose, students can visit the http://caresults.nic.in/ website.

ICAI was established under an act of Parliament. It is a statutory body and it is the premiere accountancy institution in India.

All the students who have appeared for the exam are recommended to regularly visit the aforementioned website and we will provide latest updates once the result is declared.

December 31, 2010 in India News by Prem Anand

Greater Noida Authority RPS-02 Draw result out

The much awaited result of the draw RPS-02 Residential scheme of Greater Noida has been declared today on 30th December and this could be found on the website http://www.greaternoidaauthority.in/node/372.

Greater Noida Development Authority being one of the most important development authorities of India has kick started its infrastructural development process today officially by announcing the RPS 02 draw result today.

As per report of the sources, Greater Noida Authority has planned to spend nearly 10000 crore in 2011. Well, this will not be wrong to say at this stage that the year 2011 is going to be a great infrastructural year for Greater Noida.

Under the infrastructural development plan much emphasis has been given on the extension of metro line which will take the Metro up to Greater Noida.

CEO and Chairman of Noida Authority, Mohinder Singh announced that the project will start in the first week of February. He further said that in February they will forward the request for qualification, after which they will start the tendering process. By June, they expect the project to be awarded to companies successful in the bidding process. By July, the construction of the Metro is likely to start.

They plan to construct a well incorporated and self reliant industrial town with all the essential infrastructural support. It also plans to attract various industries in Greater Noida to develop the township into an industrial city.

The Greater Noida Development Authority has provided comfortable a lot of housing facilities, especially to the Lower Income Groups and the Middle Income Groups.

December 29, 2010 in India News by Ramesh Chandan

Talks with Gujjar fails, agitation continues

The much needed talk to break the impasse took place today between agitating Gujjars of Rajasthan and Rajasthan government’s representatives but it could not stabilize the situation in Rajasthan as talks failed on the issue of granting 5 percent reservation in the government job for Gujjars.

As per report of the sources, a minister in the Gehlot government Jeetendra Singh who went to the ground zero i.e. to the railway tracks which has been jammed by Gujjars for the last seven days to negotiate on the matter. Unfortunately, that could not bring anything acceptable to the revolting community.

Sources also reported that Gujjar leader Kirori Singh Bainsla said that he wanted a permanent solution to the problem and rejected the government’s offer to set up a committee with him as one of the members to resolve the reservation issue.

An emissary of the state government, Jitendra Singh, Energy minister of the state said that Gehlot government is looking forward for the reservation but before that it has to undertake a quantifiable data of nomadic tribes who come under the five per cent category.

He also further informed that the government was ready to set up a committee with Bainsla as one of its members to resolve the stand-off.

After no outcome at the meeting, sources have reported that Gujjars today sought the intervention of Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi to “provide justice” to their community in Rajasthan.

Gujjars are also planning to organise peaceful rallies and demonstrations at all district headquarters to express solidarity with their brethren in Rajasthan.

December 19, 2010 in India News by M Chakraborty

Moily appreciates SC decision on 2G scam

The apex court decision to monitor the probe into the controversial 2G scam has been welcomed by the Union Law Minister Veerappa Moily today. The minister also said that the Central government has nothing to hide on the issue.

Sharing his views in front of media, Moily said that the government at center had earlier itself said that they had nothing to hide and that was the only reason why they wanted the Supreme Court to monitor the CBI Investigation.

Appreciating the decision of the apex court, he said that he was happy that the apex court has agreed to the government’s request to monitor the probe.

Widening the investigation in the case , the Supreme Court has also made it clear that it will bring in its ambit the telecom policy from 2001 to 2008 covering both the NDA and UPA regimes.

Other than this, the two judge bench comprising Justices G. S. Singhvi and A. K. Ganguly has also asked the CBI and the Enforcement Directorate (ED) to submit their status reports on the investigation in sealed envelopes by February 10, 2011.

The bench also made it clear that the emphasis of the investigation would be to determine the loss of money to the public exchequer and a progress report on the probe has to be filed by the CBI and ED in a sealed cover on the next date of hearing on February 10, 2011.

December 13, 2010 in India News by Ramesh Chandan

Hizbul Mujahideen terrorists arrested

It has been really a big catch when a joint team of Uttarakhand special Task Force and Special Operation Group arrested two Pak trained Hizbul Muzahideen terrorists and thwarted their malicious conspiracy.

It has been reported, the special operation was led by Manikant Mishra on Friday night, which successfully caught a 33 years old Hizbul Muzahideen terrorist identified as Ghulam Nabi Sheikh alias Jawed Qureshi along with an accomplice Tanveer Ahmad from Patelnagar, Dehradun.

Speaking to the media persons, Mr M A Ganpati, Uttarakhand IG (Garhwal Range) said that the terrorists were arrested from the residence of 21 years old Tanveer Ahmad- Tanveer was identified as the cousin of Ghulam Nabi Sheikh, during an intensive checking an search operation conducted by the joint team of Uttarakhand special Task Force and Special Operation Group.

M S Martolia, SSP Dehradun said to the reporters that the search operation was begun after a confidential report, reported by Central intelligence agencies. He further added that the confidential report to them said that some feared terrorist had planned to attack IMA POP.

While describing about the caught terrorist, police said that Ghulam Nabi belonged to Doha district in Jammu and Kashmir and had been a Divisional Commander of alleged terror group Hizbul Mujahideen since 2007. Police further added that Ghulam Nabi was wanted by J&K police in more than 14 alleged terror activity cases and other felonies.

Whereas, Tanveer Ahmad, has been charged for allegedly sheltering the Hizbul Mujahideen terrorist Ghulam Sheikh.

December 9, 2010 in India News by AK Dubey

Varanasi bomb blast email traced in Mumbai

The email claiming the responsibility for the deadly bomb blast in the holy city of Varanasi on Tuesday evening surfaced today from the suburb Vashi in Navi Mumbai. The email was traced to the Wi-Fi connection of Akhil Talreja who is a Disc Jockey (DJ) in Mumbai.

However, Talreja on interrogation by the Police said that he was innocent and his Wi-Fi network was hacked to deliver the terror email. Shocked by the incident, Talreja insisted people to have a password for their account.

Sources have confirmed that the email was sent through an unsecured Wi-Fi connection of the Airtel broadband and in regard with that Police immediately picked up father and son to question in connection with the email. Although the two were later released.

Unsecured Wi-Fi connections became the means of communications of the terrorist group through which they sent mails to media houses within minutes of the blast taking place that killed an infant and injured 37 people.

The used email ID was of Gmail and the mail was written on December 6 in the account that was rarely used. The speculation of the hour is that the email was sent from an ID that belongs to a little known group called Al-Fateh, possibly a front used by the Indian Mujahideen (IM) to mislead investigators.

IM in the mail said that the explosion was in response to the latest Ayodhya verdict. High alert has been issued across the region following the blast.

The police in Mumbai are busy finding the culprits after the trace was located in Mumbai.

December 6, 2010 in India News by Prem Anand

Rs 64 lakh wiped out from PNB ATM in Ghaziabad

It was really a gloomy moment when police of Ghaziabad and officials of Punjab National Bank were informed that recently filled PNB ATM had been tempered and a heavy amount of 64 lakh allegedly had been wiped out.

It has been reported that, a sum of 64 lakh has been stolen from two different ATMs, 53 lakh and 11 lakh respectively, of Punjab National Bank half an hour after they were filled, with cash worth 54 lakh and 22 lakh respectively, on Saturday evening. After the incident the Ghaziabad police are interrogating the officials of Punjab National Bank’s Modinagar Branch.

Speaking to the media persons, Mr Capt M. M. Baig, SP (Rural) said that money could not have been withdrawn without knowing master code, which was divided into two parts and given to two officers, of the transaction machine as there was not a single tempering sign or sign of force on the machine.

Reportedly, Mr Praveen Ranjan Singh, Circle office, said that four employees of Writer Safeguards, the firm which deposited cash in the PNS ATMs were prime suspect. He further said that the four employees were identified as Shashi Shekhar, Ravi Ranjan, Deepak Tomar, and Madan Pal.

While describing the situation of the ATMs he said that one, out of two of CCTV cameras was dead and foot prints showed that a man entered in the cabin wrapped himself in blanket in such a way that face could not been identified.

He further added that four employees were detained and investigation was going on.

December 5, 2010 in India News by Kumar

Airlines fares comes down with Ministry pressure

The high airlines fares have come down by 20-25 percent in comparison to last week’s fare as the pressure from the Ministry of Civil Aviation mounted on domestic airlines.

As per report of the official sources, it was told that the mounting pressure by the Civil Aviation Ministry and the Directorate General of Civil Aviation (DGCA) against exorbitant airfares had been a success.

Last week, the lowest last minute Delhi –Mumbai fare which had climbed Rs17000 has been brought down to the range of  Rs5,000 to Rs20,000 on economy class ticket, while that on Delhi-Chennai and Delhi-Kolkata stood between Rs 5,000 and Rs 15,000, the officials said.

However, despite of the lowering of the fares by 20-25 percent the fares are high in comparison to the last year’s airline ticket fares. Sources have reported that the lowest available fares at the same time last year was about Rs 3, 000 for Delhi-Mumbai and Rs 4, 000 for the Delhi-Chennai and Delhi-Kolkata sectors.

The newly appointed head of DGCA E K Bharat Bhushan and his predecessor SNA Zaidi, Civil Aviation secretary, over the last two weeks held deliberations with the airline representative to bring down the fares. DGCA had a formal meeting with officials of the no-frill carriers IndiGo, Spicejet and GoAir, yesterday following a directive asking all carriers to explain the high fares they were charging. They are likely to meet the representative of full service carriers Air India, Jet Airways and Kingfisher.

The airlines had earlier proposed a price band for tickets based on distance with a maximum price of Rs 24,000-Rs 40,000 a ticket for distance more than 1,400 km.

December 5, 2010 in India News by M Chakraborty

WikiLeaks reveals LeT plan to assassinate Narendra Modi

The whistle blowing site WikiLeaks today revealed that Pakistan’s terrorist Organization Lashkar-e-Taiba (LeT) had planned to kill Gujarat Chief Minister Narendra Modi nearly 6 months after the attack on Mumbai. The site also leaked Pakistan’s intelligence reports which included discussions to carry out the attack that took place between Pakistani handlers and Indian members in June last year.

Sources have reported that the terrorist organization was working on three major tasks in India just after a six month interval from Mumbai’s attack. These planning included the assassination plot of Indian minister, setting up of terror camps in South India and US intelligence inputs that are part of a leaked diplomatic cable. The third task was related to some work involving a car but the WikiLeaks cable did not provide the detail regarding that.

The cable released by whistleblower site read: “Shafiq Khafa, a LeT member was possibly planning for three major tasks to be accomplished in India. Another India-based accomplice in the task, Hussein, continued operational planning on three tasks in early June. The tasks were to disturb India with a possible operation against Gujarat Chief Minister Narendra Modi, the establishment of a training camp and an unspecified work related to a car.”

The cable further said that Hussein would accomplish these tasks by coordinating his activities with an India based colleague identified as Sameer.

The WikiLeaks cable carrying the name of Narendra Modi dated 17 June 2009 is definitely the reason that would make us worry if the leaked cables on Afghanistan and Iraq failed to excite us.

December 4, 2010 in India News by Ramesh Chandan

Military Command Hospital alleged to impede CBI officials

CBI officers have recently alleged the authorities of Military Commanding Hospital to hinder the clear passage of its personnel when CBI was carrying out searches in the hospital premises on Friday night. Taking the act of hospital authorities as a serious matter of concern CBI filed a complaint against the authorities with police on Saturday.

Speaking to the media persons, Vidya Kulkarni, CBI-ACB (Anti Corrupt Bureau) Superintendent, said that the CBI was lodging a complaint at the Wanwadi police station against the army official Major General Surendra Panwar for impeding the public servants from discharging their public duties.

Reportedly, the hindrance was made when a team of CBI-ACB sleuths raided the hospital premises in order to probe a complaint of irregularities concerning the surgical equipments and medicines. The complaint was lodged by a vendor alleging hospital authorities indulge in seeking illegal satisfaction and irregularities in purchase, who was engaged in supplying medicines and surgical equipments to the hospital.

The report further says, initially CBI personnel faced resistance by military officials then they moved to local police station for assistance. Finally, the investigation work was done with the help of local police. During the investigation, the CBI officials seized an AC (account) unit from the hospital when some controversial papers, related to purchase were found.

However, a Military Commandant Hospital spokesman has slammed the allegations of manhandling the CBI team by CBI. Ms Kulkarni said to the media that the complaint had also not mentioned any manhandling by the authorities.

December 4, 2010 in India News by R Biswas

Sarkozy, Bruni lands in India on a 4 day visit

President of France and his glamorous wife ex-model Carla Bruni arrived in Bangalore today on Saturday on 4 day visit to India hoping to strengthen bilateral relationship between the two countries by signing a mega nuclear deal and strengthening ties in key areas of space, defence and nuclear cooperation.

Sources have reported that Sarkozy is accompanied by a high level delegation which includes senior officials and key ministers of his cabinet.

Immediately after arriving the tech city, the visitors were driven to the nearby Leela palace hotel for a brief stay.

The only official engagement of the President on Saturday is to address the scientists of Indian Space Research Organization (ISRO) on space cooperation between the two countries. Moreover, it is speculated that at the satellite centre, Sarkozy will explore further collaboration between ISRO and French National Space Agency Centre National d’Etudes Spatiales (CNES).

Sources have also reported that France is set to open more consulates in India. Valerie Pecresse who is the French minister for higher education will inaugurate the Bangalore consulates which will the fourth French consulate in India. Earlier, French consulates were in Mumbai, Kolkata and Pondicherry.

Carla is expected to spend time at seven star hotel today. The four day visit of President is going to be memorable to the President and his wife as they will visit Agra, Delhi and Mumbai.

France has become India’s fifth trading partner in Europe. Bilateral trade between India and France was estimated to be 5.36 billion Euros last year.

The two countries have set a target of achieving 12 billion Euros bilateral trade by 2012.

December 3, 2010 in India News by Ramesh Chandan

Turmoil in Andhra cabinet yet again

Just an hour had hardly passed when two ministers of Andhra Government sent their resignation to the newly elected Andhra Pradesh Chief Minister N Kiran Kumar Reddy around midnight on Wednesday after the allocation of portfolios triggered rebellion amongst the council of ministers.

Two ministers namely- Vatti Vasantha Kumar and Komatirddi Venkat Reddy as per report of the sources have already sent their resignation to the Chief Minister. Sources clarified that just few hours after swearing-in; the new Tourism Minister Vatti Vasantha Kumar has submitted his resignation. Vasantha Kumar was not happy with the Tourism portfolio he received in the new cabinet.

One of the senior leader even asked chief minister that whether he wanted the congress party to survive in Andhra Pradesh or get reduced to its 1994 status when it won only 27 seats and could not even become the main opposition party.

Sources have reported that the apple of discord was that all the revenue earning portfolios were allocated to ministers belonging to the Reddy community while those from the backward classes were given ‘insignificant’ (non-revenue generating) portfolios.

In the new cabinet, 14 berths including finance, agriculture, major irrigation, health, municipal administration and panchayat raj were given to Reddy’s while the BCs were given just about 10 and that too not very important.

The chief minister reportedly conveyed through Aanam that the portfolios issue could be discussed at the Cabinet meeting scheduled for tomorrow but the sulking ministers were in no mood to relent. He also contended that some major ministers were given ‘less important’ portfolios due to corruption allegation on them.

December 3, 2010 in India News by R Biswas

Airlines submit proposals to DGCA after Airfare scrutiny, ministry ask to justify

Despite of the efforts of the government to regulate the airline ticket price, domestic airlines today have submitted a proposal regarding massive hike in the air fares after they were checked by the government for the abrupt rise in ticket costs even during non-peak season.

Sources have reported that airlines submitted their proposals to the Directorate General of Civil Aviation (DGCA), for making a range of fares public for every month. Moreover, it is expected that the cap on many routes could go up to Rs 40,000 for a one way ticket.

As per the proposals, an air passenger travelling economy class may have to shell out Rs. 10,500 for a Delhi-Chandigarh or Chennai-Coimbatore flight and anything up to Rs. 40,000 on the Delhi-Bangalore or Delhi-Kolkata route. The proposal regarding the 300 percent hike in fare has been made by IndiGo, SpiceJet, Jet Airways, JetLite, GoAir and Air India (Domestic).

However, the general travellers can hold their breath for now as the Directorate General of Civil Aviation (DGCA) is unlikely to give its nod to the new fare structure proposed.

The Civil Aviation Ministry demanded an explanation from airlines on proposed airfares submitted by them.As per report of the reliable sources; it was told that Civil Aviation Minister Praful Patel said that there would be no exorbitant rates for passengers travelling by air while responding to the proposal given by airlines.

He further said that DGCA is looking into the matter and assured that the decision will be taken in the favour of ‘Aam Aadmi’ and there will be no exorbitant fares.

December 3, 2010 in India News by AK Dubey

Azim Premji announces a donation of Rs 8,846 crore to a philanthropic trust

Azim Premji, the Chairman of giant soap-to-software company, Wipro, has recently announced to provide 213 million shares, which is 8.7% of the total stake (79.5%) hold by Mr Premji, to a philanthropic trust, Premji Foundation. 213 shares would have earned Rs 127.8 crore in a year.

The value of the endowment shares is Rs 8,846 crores. Reportedly, the transfer of shares will come in effect by December 7. The Premji controlled trust will be managed by R.K. Lakshminarayan, chief endowment officer and Wipro’s chief strategy officer. Rishad Premji, son of Azim Premji, will take over as a chief strategy officer in January.

Arpan Seth, partner at Bain and Co, and also author of Bain’s India Philanthropy report, said that it was a great example and he really believed that it was a powerful moment for philanthropy in India. He further added that the contribution by Mr Premji was really visible and substantial and he hoped that other leading tycoons would think about their contribution to the nation.

Dileep Ranjekar, a co-CEO of the foundation, informed that the trust was also going to set up a university, which would require Rs 250 to Rs 300 crore a year.

In a press conference, Azim Premji said that they believed that good education was crucial to build a just, equitable compassionate and sustainable society. He further added that all their efforts including the university that were setting up, were focused on the unprivileged and disadvantaged sections of their society.