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News Central Nov 20, 2009

DAILY NEWS & ANALYSIS


Mundra Port to build terminal for Shell JV in Hazira
The terminal will be built on a sub-concession basis, in phases, with three berths in the initial phase, Hazira Port said in a statement.
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'Can't blame futures for rise in food prices'
Farm futures trade has not contributed to the price rise in essential commodities in the country, minister of state for consumer affairs, food and public distribution, K V Thomas said on Friday.
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Commercial rentals stabilise
Commercial property rentals in the central business districts (CBD) of Mumbai, Gurgaon, Noida, Chennai, Bangalore and Pune have stabilised, as business optimism has pushed demand up.
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Sebi may allow derivatives purchase in portfolio management
The Securities & Exchange Board of India (Sebi) is considering allowing exchange-traded derivatives to be a part of portfolio management services (PMS), according to executive director R K Nair.
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Using garden leave can help take the edge off attrition
The grass is greener on the other side, human resources managers may soon start hearing, what with attrition rates starting to go up again
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Keskar sees fare gap closing in Q4
Keskar said once fares reach the breakeven level and fly into the positive zone, the airlines will stop burning cash and will start making money from their operations.
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It's Take 2 for take-out financing
The take-out financing scheme introduced by Union finance minister Pranab Mukherjee in this year's Budget is likely to be finalised within a month.
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Mother India's Sukhilala is alive and kicking!
My father, aged 69, was retired and staying with me. He had a credit card since the last 15 years. He expired last year in October and since January this year.
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Banks up scrutiny on cash deals
Even the Reserve Bank of India has spared no time to reiterate its know-your-customer and anti-money laundering norms.
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FDA seizes energy drinks worth more than Rs1 crore
Ranjeet Singh Sahay, joint commissioner, FDA vigilance department, said raids were conducted in Mumbai and Pune stocks of the drink Cloud 9 were confiscated.
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Drop in pressure deepens crisis
First it was the reduction in quantity, as well as the duration of water supply. Now, there is a drop in water pressure. The crisis gets more acute with every passing day.
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Heritage building facades will get rid of ACs, grills
The Mumbai Heritage Conservation Committee (MHCC) has recommended that there should not be any air conditioning unit on the facades of heritage buildings.
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Out of khaki, Khali now wants to kill Ajmal Kasab
The Punjab Police suspended Dalip Singh Rana alias Khali, an assistant sub-inspector in the armed unit, for remaining absent from work since last December while still receiving his salary.
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2 homes, yet SRPF camped on road
One is located in the premises of the state director general of police's (DGP) office. The other is in the compound of the city police commissioner's office.
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Driver flees with Rs40 lakh ATM cash from Andheri
Praveen Vasudev Belokar fled while two cashiers and a guard went to ABN Ambro bank's ATM at Infinity Mall in Andheri (west) to refill cash.
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To repay loan, duo kidnap, kill 17-year-old boy
The crime branch of the Mumbai police arrested two men for kidnapping and murdering a 17-year-old Suresh Parmar, son of a metal dealer.
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Manu Sharma parole lands Sheila Dikshit in dock
Justice Kailash Gambhir noted that in normal cases, the government takes three to six months to decide parole applications of convicts, but it cleared Manu's plea in 20 days.
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After farmer, oppn charge, Centre reverses cane policy
The government will still set the fair remunerative price (FRP), the minimum mill-owners have to pay sugarcane farmers, and the states are free to set their own prices.
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At 23, I was the best in the world: Olympian Steffi Nerius
Steffi Nerius, Olympian & one of track and field's most remarkable figures, speaks to DNA.
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Swine flu toll reaches 31 in Mumbai
But health authorities and experts say the death of a 57-year-old Mira road resident is no indicator of a second wave.
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Near-miss as Saudia plane deviates from its flight path
The plane climbed 200 feet while cruising, reducing the vertical separation between itself and another aircraft from the standard 1,000 feet.
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No aerial attacks on Maoists: Govt
Union home secretary GK Pillai said Maoists were getting help from neighbouring countries.
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Let's face it, cops are overworked: HC
Bombay HC on Friday said the police were overworked and did not have the logistical support to find the child of Mohan and Mohini Nerurkar, who was allegedly stolen from Sion Hospital.
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Five years' RI for killing wife's molester
Amit Patel, a farsan trader from Dadar, had shot at Mohammed Ali Umar Shaikh on the Bandra Reclamation promenade for teasing his wife.
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I am India's messenger, says the Dalai Lama
Delivering the 15th Justice Sunanda Bhandare Memorial lecture on 'Women and Peace', the Tibetan spiritual leader also took swipes at successive Chinese governments.
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Transport dept is corrupt: Minister
State transport minister Radhakrishna Vikhe-Patil admitted on Friday that his department is not up to the mark when it comes to implementing rules.
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N-threat in Chennai turns out to be hoax
The coastal security establishment here got the jitters after an anonymous caller claimed that a ship anchored off Chennai Port and seeking a berth was carrying radioactive/nuclear material.
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Harshad Mehta's kin want judge to opt out
The recusation application, not very common, has 24 petitioners, including Mehta's wife Jyoti, mother Rasila, brothers Ashwin and Sudhir, and sister-in-law Rina, besides 11 companies owned and promoted by the family.
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Mum freed of murder charge
The SC has allowed a minor sentence for a woman, 67, who locked her two-year-old daughter into a tiny bathroom and denied her food and water for 14 days, resulting in the child's death in 1996.
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9 RPF cops held for taking bribe
A full-fledged racket operating from Lokmanya Terminus was busted by the Anti-Corruption Bureau (ACB) of the Central Bureau of Investigation (CBI) on Friday.
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Bandra skywalk may get a facelift
Taking lessons from the structural designs of other skywalks, especially the one in Mira Road (East), the MMRDA has decided to provide more shield to the 1.3km skywalk at Bandra (East).
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Onions burn a hole in pockets
As if the escalating prices of other essential commodities were not enough, the unseasonal showers last week had hit the onion crop hard leading to shortage in supply to the APMC at Vashi.
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Battle against the bottle lost by 19 votes
Had everything gone right, these women from ward number 6 in Satara's Sadar Bazar area would have seen the last of the liquor shop that was a menace in their locality.
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NIA ropes CBI into Headley case
National Investigation Agency (NIA) has sought the services of the Central Bureau of Investigation (CBI) to help track down terror operators and their sympathisers.
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Another theft at Mumbadevi
An unknown person snatched a bag belonging to Vaman Ghadi, 32, and fled. The bag contained gold and diamond jewellery worth Rs15.75 lakh.
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Saturday Night Fever
B.L.O.T. (Basic Love Of Things), a group creating audiovisual techno music, will be lending its tunes to the city this weekend.
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HC to protect Pratima Nagrale's lawyer
The court assurance came following a threat received by advocate Gunaratna Sadavarte told the judges about the episode, which took place on Thursday, in their private chamber.
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Not decided on playing Indira: Madhuri Dixit
While the world is abuzz with reports of Madhuri Dixit having been signed on to play Indira Gandhi in Krishna Shah's film on the political icon, the actress said she hasn't made up her mind yet.
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'Hesitancy to give info big threat to RTI'
"RTI serves best when the citizens feel the least need to use it. Many applications will be rendered redundant when public authorities suo moto embrace transparency."
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China cloud hovers over PM's US visit
Senior ministers want joint statement with 'hands-off' message for Beijing.
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NIA identifies eatery owner as Headley's 'wife'
Anna, the investigators said, has disclosed that the Lashkar-e-Taiba operative, under scanner for his links with the 26/11 attacks, used to frequent her South Mumbai eatery.
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Now, MSRDC wants share of marathon pie
Though the organisers say the Mumbai marathon is for charity, officials of the MSRDC, which owns the Bandra-Worli Sea Link, have made it clear that they will not let it be used free.
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SC panel proposes ban on illegal mining by Reddys
A high-powered probe panel set up by the supreme court (SC) has recommended immediate ban on illegal mining on the Andhra-Karnataka border.
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Threat letter to blow up 15 Mumbai landmarks
Security has been beefed up at all suburban stations since past one week following the a letter warning of a plot to blow up 15 landmark places, including stations, in the city.
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Missing players owe an explanation: AK Mattoo
Hockey India president AK Mattoo insisted that he wanted to speak to the five disgruntled players who were skipping the national camp.
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Twilight finally dawns in India
The film, which had its overseas release almost a year ago, has been eagerly-awaited by its legions of teen and tween fans.
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Walled in @ work
Concern over employee productivity has led to firewalling of social networking websites at the workplace. Corporates explain why blanket bans are necessary even as employees wonder if it's a trust issue.
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Not down on his knees yet
Mulund-resident Madhukar Nimdeo, 91, ensures that his knees do not bend post the total knee replacement surgeries he underwent in both knees in May, using a new tissue-preserving technique.
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Marathi Manoos breaks into India's richest 100
Virendra D Mhaiskar, chairman and MD, IRB Infrastructure Developers, has become the first Marathi manoos to figure at number 51 in the Forbes list of 100 richest Indians.
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China invites Mirwaiz. Revenge for Dalai's Arunachal visit?
Delhi cool, but will see if his visa is stamped or stapled.
Read More
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