Times Chennai E-Paper, March 12, 2009

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VOL: 2 ISSUE 55 March 12, 2009

Confident of organising free and


fair polls: CEC Navin Chawla
Chennai, March 12: Ta m i l N a d u a n d added. Chawla is said to forms of identity" (proof). have been instructed to
taken against such
E l e c t i o n persons in the upcoming described it as "highest have instructed the CEO "Multiple forms strictly register all forms of
Commission on Thursday elections. percentage in India by all to give priority to the of identification," could identity proof.
expressed confidence on With a view to standards." "landless poor" as well be furnished by voters He warned
organising "free, fair and preventing excess use of The rest would as the "urban poor" in who did not get their against "defacement of
transparent" Lok Sabha be issued in the next this regard, "since they EPIC, Chawla said. Poll public property" in the form
couple of weeks, he may not have other officers and poll staff of posters or graffiti.

elections, which is money, Chawla said


scheduled between April officials from the Income
16 and May 13. Tax will be posted on poll
"We aim for free, duty who will report to the
fair and transparent EC.
elections in the country, let Highlighting the
alone a state, there is no EC's efforts in this
doubt about it," Chief regard, Chawla recalled
Election Commissioner the recovery of Rs 40
designate Navin Chawla, crore in cash and other
who is here to hold review 'freebies' during
meeting with the state's Karnataka Assembly
Chief Electoral Officer, told elections, which were
reporters. allegedly meant for
H e w a s voters.
answering a query on On the issue of
reported comments of Andhra Pradesh DGP
Andhra Pradesh DGP allegedly praising the
praising the ruling ruling Congress, Chawla
Congress in that state, and said he would look into
whether free and fair the matter during his
elections were possible review meeting in
there under such Hyderabad scheduled
circumstances. later in the day.
Chawla assured Responding to
that the EC was taking all a query, he said the
steps to ensure free and model code of conduct
fair elections such as video was in place and the EC
recording of required had circulated a list of
proceedings and deploying "Dos and Donts" to the
officials to monitor them. respective state
"In the recent six governments.
state Assembly elections, Quoting his
we found surrogate meeting with the Chief
candidates contesting as Electoral officer (CEO)of
independents, using all the the state, Chawla said
facilities given by the EC in issuing of 97 per cent of
good faith," he said, adding Electoral Photo Identity
that strict action would be Cards (EPIC) was over in
Page 2 Times Chennai E-Paper March 12, 2009
Redefining the role of language Chennai lawyers clash: High Court
seminar gets underway rejects striking lawyers plea
Chennai, March 12: yesterday pleaded "When a Bench is
Chennai, March 12 English teacher assumes the need for a curriculum Rejecting pleas before a Bench seized of the matter it is not
A two day more significant role i m p a r t i n g by agitating advocates to comprising Chief Justice proper for it to be
seminar on role of immediately hear their withdrawn from that
unlike the previous communication skills and
language in higher Bench," Justice Gokhale
generations, they have to improve vocabulary than
said.
education got underway at prepare the students in grammatical instructions The advocates
then argued that Justice
Mukhopadhaya was
indisposed. The chief
justice replied that Justice
Mukhopadhaya could
come to the court any day,
adding it was not the first
time that a judge was
unwell and the matter
could wait.
Advocates have
been boycotting work ever
since February 19 when
petition regarding H L Gokhale and Justice they clashed with police
alleged police excesses F M Ibrahim Kallifulla that within the high court
in the court premises on the matter be taken up premises after 13 lawyers
February 19, the Madras immediately, they were were arrested in
High Court has asked told their petition was connection with the attack
them to return to work. being heard by a three- on Janata Party chief
When senior judge Bench headed by Subramanian Swamy in
lawyers T V Ramanujum J u s t i c e S J the court on February 17.
the SRM University on developing their in higher education. and R Krishnamurthy Mukhopadhaya. -Agencies
Thursday. The seminar communication skills to The present
was inaugurated by
To m o n o r i M I N O W A
get them ready to face
the challenges ahead of
conference will focus on
identifying new methods
PM calls CM, wishes speedy recovery
Consul, Consulate them when they are out in the realm of language Chennai, Mar 12: Mr Karunanidhi, who was also enquired about the
Prime Minister taking rest at his Prime Minister's health
General of Japan at of the college in the job teaching and learning
Manmohan Singh today residence after spinal following a recent heart
Chennai. m a r k e t . T h e i r and thereby improving telephoned Tamil Nadu surgery on February 11 surgery.
Speaking on the potentialities and the language skills of the Chief Minister M and wished him complete The Prime
occasion, Dr. T P Ganesan capabilities are judged students to cater to the Karunanidhi and recovery and return to Minister told Mr
Pro Vice Chancellor, said, by their communication present would where enquired about his health office soon, an official Karunanidhi he was
“In all the magnificent abilities. Hence the task knowledge explosion and wished him speedy release here said. keeping good health and
improvements and gradual of the language teacher and tremendous recovery. Thanking Dr resumed official work, the
developments of mankind, is becoming more and c h a n g e s a r e Dr Singh called Singh, the Chief Minister release said.
communication plays the more important, difficult continuously taking
most significant role. From and complicated,” he p l a c e i n a n
the primitive age to the added. unprecedented level in
modern era, this universe M r. M i n o w a all the fields such as
has been relying on stressed the importance education, industry,
different modes of of learning a foreign c o m m e r c e ,
communication. language especially communication and the
Today, any progressive English which has entire gamut of other
nation needs to maintain changed his lifestyle and social and environment
international co-operation opened up more scenario.
and understanding. opportunities. E a r l i e r
English stands as an M r . P University Registrar Prof.
unmatchable language to ManiDirector Regional Sethuraman welcomed
meet this demand.” Institute of English, the gathering.
“The modern South India emphasized

Jaya flays CM on Lanka fast comments


Chennai, Mar 12 showed that he wanted to forces, Ms Jayalalithaa
AIADMK General stop the funds raised said he had no right to
Secretary J Jayalalithaa from reaching the take up the issue of Sri
today said she would suffering Lankan Tamils. Lankan Tamils.
ensure that the funds In a statement Ms Jayalalithaa
raised during her fast on here this morning, the also said the people of
March 9 reached the former Chief Minister Tamil Nadu were bracing
suffering Tamils in Sri said though she to teach Mr Karunanidhi
Lankan through the observed the fast on a befitting lesson for his
International Red Cross March 9, she had alleged cooperation in
''overcoming all obstacles announced the agitation destroying Lankan
put in the way'' by Tamil on March 5, giving Tamils.
Nadu Chief Minister and enough time for the Her reaction
DMK President M Centre to make came as Mr Karunanidhi
Karunanidhi. arrangements to send wondered if it was
Reacting to Mr the medical relief to possible to send 25
Karunanidhi's statement Colombo. tonnes of medicines and
yesterday in which he Assailing the medical equipment in a
ridiculed the former Chief Chief Minister for day after the AIADMK
Minister's claim that India remaining silent when leader observed a fast in
rushed medicines and New Delhi was sending support of the Sri Lankan
medical equipment to arms and modern Tamils.
Colombo only afer she Defence equipment to Sri
observed a fast in support Lanka to fight the rebels -Agencies
of them, Ms Jayalalithaa and giving training to the
said his statement only island nation's Defence
March 12, 2009 Times Chennai E-Paper Page 3
Page 4 Times Chennai E-Paper National March 12, 2009
Left, key regional parties SP accused of 'cash distribution'
Ettawah, March 12: allegedly SP workers, were
launch Third Front Samajwadi Party chief
Election
Commission has ordered shown distributing Rs 100
Mulayam Singh Yadav the District Magistrate to notes to the people
(Karnataka), March 12: Karat said. regional parties, along has landed into trouble submit a report on into assembled for the holi
Launching the He said the third with the Left to provide an for alleged poll code allegations of violation of milan programme.
'third force', the Left and force stood for the alternative to the violation, as his party election code. Alleging that both
major regional parties on interests of the vast Congress and BJP. “We have SP and BSP were flouting
Thursday joined hands to masses for the firm He said even sought a report from the model code of conduct,
defence of after 60 years of the district BJP state Vice President
secularism independence, both the magistrate in this Hriday Narain Dixit said his
against major parties had "failed regard” Chief party would register a
communal to fulfil the aspirations of Electoral Officer, AK formal compaint in this
forces. The the people.” Bishnoi said. matter with the EC.
platform, he Rebutting H o w e v e r, "Yadav is habitual
said, would Congress claims of a refuting the charge, offender of model code of
fight for nine per cent economic Mulayam Singh said conduct and the
s o c i a l growth rate, Karat asked that all the Commission should
justice for as to what it meant for the allegations are false immediately take action
t h e common people and said and he is ready for against him. The way in
oppressed the country still a n y which money is openly
sections. witnessed the "shameful investigation. distributed in his presence
Joined by spectacle" of farmers The news at Safai should not be
CPI leader A committing suicide and r e g a r d i n g tolerated", Dixit alleged.
B Bardhan, people facing the brunt of distribution of He added that the
take on the Congress and
T D P c h i e f N high unemployment and money at a "Holi video of the programme
the BJP in the upcoming
Chandrababu Naidu and rising prices. Milan" programme in was available and
general elections, saying
former Prime Minister " L i f e i s members were seen Mulayam Singh Commission could easily
both of them had failed to
and JD(S) chief H D Deve unbearable for the distributing money to Yadav's native Saifai in verfiy the facts.
address people's
Gowda among others, ordinary people," the people during Holi Etawah district was aired -Agencies
grievances.
Karat said, "Today we CPI(M) leader said, celebrations here on by some news channels.
Addressing a
have come together adding that on top of this, Wednesday. Some persons,
massive rally here, leaders
because the country the global economic
of these parties announced
needs a new alternative." crisis had led to loss of
that they had come
together to provide a "new Recalling the millions of jobs and the
crash of the world
Teacher in Kerala has Gandhi's
alternative" to the voters formation of the United
ahead of the Lok Sabha Front government
headed by Gowda 13
financial system and
banks.
‘charkha' in his collection
polls. Thrissur, Mar 12: about these articles, carried by Gandhi when he
years ago, Karat said Though the
“This is a historic Close on the Antony said that he had gone to attend the
people came to know in chiefs of AIADMK and
get together of all heels of the auction of would not give them Round Table Conference in
1996 that "the future of BSP, J Jayalalithaa and
democratic, secular and Mahatma Gandhi's away under any London, according to
this country does not lie Mayawati, skipped the
Left parties in the country to memorabilia, a 68-year- circumstances. "They Poduval, popularly known
either with Congress or function, their
declare that we are all old teacher here has might bring me a big as Raghavji, Antony said.
the BJP." representatives V
coming together to claimed that he has a sum. Antony met
He said the UF Maitreyan and Satish
constitute a third force in 'charkha' (spinning But I don't want Raghavji in 1965 when he
then comprised all Chandra Mishra were
this country," CPI(M) wheel) used by the father to part with them so long was a teacher at the Gandhi
secular, democratic and present.
General Secretary Prakash of the nation during his as I am alive since their Seva Sadan School near
historic Dandi March. emotional value is much Ottapalam in Palakkad
Killing another in self-defence is A retired higer than material district. At that time
teacher and antique value," he said. Raghavji was staying in a
one's right: Supreme Court c o l l e c t o r, A n t o n y Of the ten Gandhi Ashram near
Chittatturaka said he letters Antony has in his Shornur.
New Delhi, March 12: In this case, Lakhi Ram was sufficient evidence to obtained the priceless possession, two were The pinch of sand
Thirty years after along with a few others indicate that Ram and his articles from Gandhi's written on post cards. soaked by Gandhi's blood
they killed a man, the had gone to the place of accomplices had come to disciple Raghavji. The post cards, was collected from P P
Supreme Court on Gajey and Rajpal where the house of the accused
Antony said he sent by Gandhi to Nambiar of Thalassery, a
Thursday let off two a scuffle took place and and assaulted them with
has a pinch of blood- Raghavji, carry the dates retired subedar, who was on
accused holding that they the duo was assaulted sharp weapons resulting
soaked sand taken from of February 2 and July 6, the spot when Gandhi was
were entitled to acquittal as with sharp weapons. in grievous injuries to
the spot in Delhi where 1931. shot dead by Nathuram
the act was committed in In retaliation, Rajpal at both of them.
Gandhi fell to Nathuram The charkha Vinayak Godse on January
exercise of self-defence Gajey fired a shot "In such a situation,
Godse's bullets and and the letters were 30, 1948.
which is permitted under resulting in the death of accused persons could
letters and post cards gifted by the Mahatma to Nambiar was part
the law. Ram. have a reasonable
penned by the Mahatma his disciple Naduvilpatt of the contingent guarding
A person can kill another The trial court convicted apprehension of death or
with signatures Raghavan Poduval, an the residence of then British
when there exists a the duo for murder and at least of grievous hurt. It
appended to them. inmate of the Sabarmathi Governor General Lord
reasonable apprehension sentenced them to life was a case of single gun
He also has a Ashram, from whom Mountbatten.
that his adversary is going imprisonment, but the shot which was not
to cause him/her grievous accused were acquitted repeated. gramaphone record of Antony obtained them. Shocked by what
injury even though he by the Allahabad High Therefore, it cannot be Gandhi's speeches The foldable he had witnessed, Nambiar
might not have actually Court which held that said that the accused delivered at his prayer charka was used by collected the pinch of soil
inflicted any, the Supreme they committed the act in persons had exceeded meetings. Gandhi during his where Gandhi's blood had
Court ruled. self defence. their right of private Though there famous Dandi Yatra. It spilled.
"In that event he can go the Aggrieved by the High defence in any manner," have been enquiries was also believed that
extent of causing the Court's verdict, the State the bench observed. from various quarters the same 'charka' was
latter's death in the Government appealed in
exercise of the right of the apex court.
private (self) defence even
though the latter may not
Interpreting Section 100
of the IPC, the apex court
Pak turmoil: Manmohan Singh reviews situation at CCS
have inflicted any blow or said the law justifies the New Delhi, March 12: implications of political political crisis leading to terrorism emanating from
injury on him," a bench of killing of an assailant With Pakistan instability in Pakistan, speculation that there there.
Justices Dalveer Bhandari under the "right of private plunging into political particularly on cross- could be a change of “ We d o h o p e
and H S Bedi observed. defence" which was turmoil, Prime Minister border terrorism which guard with army these issues will be
The bench passed the rightly exercised by Manmohan Singh on affects India directly, assuming greater role. resolved by their own
ruling while dismissing an Gajey and Rajpal. Thursday took stock of sources said. Mukherjee system and by their own
appeal filed by the UP According to Section 100 the situation at the The meeting d e s c r i b e d t h e mechanism," Mukherjee
Government challenging of the IPC, killing of Cabinet Committee on was also attended by developments in told reporters after the
the acquittal of Gajey another person is not an Security (CCS), which he External Affairs Minister Pakistan as its "internal CCS meeting when asked
Singh and Rajpal Singh in offence, if the same was chaired for the first time Pranab Mukherjee, matter" but said India to comment on the
a murder case that done in the exercise of since his bypass surgery Defence Minister A K wants to see the developments in Pakistan.
occurred on January 27, self-defence. about seven weeks back. Antony and Home government in the
1979 in Meerut town In the instant case, the T h e C C S Minister P Chidambaram. neighbouring country -Agencies
following an old enmity. apex court said that there a s s e s s e d t h e Pakistan is witnessing stable so that it can tackle
March 12, 2009 Times Chennai E-Paper World Page 5
Pak PM Gilani, army chief CPPCC session concludes, vows
Kayani reach compromise to help develop economy
Islamabad: March 12: another one-on-one Nawaz and Shahbaz
Pakistan Prime Sharif and options Beijing, March 12 : the report. belief.
meeting with Kayani.
Minister Yousuf Raza available to reinstate The Second The Committee Hailing the major
The situation in
Gilani and chief of army Pakistan has already Justice Iftikhar Session of the 11th for Handling Proposals breakthroughs made in the
staff General Ashfaq caused serious concern Muhammad Chaudhry National Committee of of the CPPCC National relations across the Taiwan
Parvez Kayani have in Washington where US and other judges. the Chinese People's Committee called two Straits over the past year,
President Obama's Gilani is bitter Political Consultative special meetings during the resolution called for
administration is that though he didn't Conference (CPPCC) the 10-day annual more efforts to help expand
increasingly worried approve the idea of concluded here session, focusing on economic cooperation and
that Pakistan, governor’s rule in Punjab
the presidential Thursday morning, employment of returned personnel and cultural
because of this pledging efforts to help migrant workers and exchanges across the
political turmoil, is fast proclamation for
governor’s rule maintain steady and stimulation of domestic Straits for new progress in
losing focus from the
war against terrorism. mentioned him as relatively fast economic demand for steady and peaceful development of
Gilani was advising the president for development in 2009. relatively rapid economic cross-Straits relations.
made aware of this this action. Pakistan Jia Qinglin, growth. "We also support
concern in London army is backing the PM’s chairman of the CPPCC Major officials CPPCC members from
a n d Wa s h i n g t o n i n i t i a t i v e f o r National Committee who from key government Hong Kong and Macao to
when the United reconciliation on road to presided over the closing departments such as the work actively in the local
reached a compromise establishing strong trust
formula, in an attempt to States and the British meeting, described the National Development social and political affairs
ambassadors in base for democratic
address the growing institutions and annual session as a and Reform Commission and encourage them to
political turmoil, Pakistani Islamabad met him. success in boosting joined in discussions contribute to the country's
leadership. Gilani is
media reported on G i l a n i i s hoping that PPP confidence and about how to handle the development and social
Thursday. devising a strategy that parliamentarians seeing strengthening unity for proposals at the two s t a b i l i t y, " s a y s t h e
Gilani, reports can make way to reverse survival of democracy
governor’s rule in the China's development. meetings. resolution.
said, is contemplating a and continued PPP-led
series of actions to address Punjab. The PM is also "This year is According to The year of 2009
government in the crucial for us to brave the report, the CPPCC marks the 60th anniversary
the political crisis. l o o k i n g i n t o Centre would back him in
The prime Constitutional action to grave challenges both at National Committee will of the founding of New
the Parliament.
minister is preparing for undo the Supreme Court -Agencies home and abroad and hold a meeting on March C h i n a a n d t h e
these actions following disqualifications of achieve new progress," 24, when the proposals establishment of the
Jia said. will be transferred to 168 CPPCC, and CPPCC
Germany mourns after school shooting He urged the
political advisors to
g o v e r n m e n t
departments and units
members should uphold
the unique role of the
Winnenden, March 12: " H e w a s said. He also regularly shoulder their for further handling. political organization and
Germany was in constantly reloading his worked out at the gym responsibilities, keep in A political continue to improve the
mourning on Thursday weapon," local police and belonged to a sports mind the people's well- resolution also adopted system of multiparty
after a teenage gunman chief Konrad Gelden told club. being, and contribute to at the closing meeting cooperation and political
ran amok at a school and reporters. The school, the national effort to hailed China's consultation under the
the local area, killing at "He just opened which has 600 pupils,
least 15 people and finally the door, pulled out his was part of a complex of maintain steady and achievements over the leadership of the CPC, it
himself in a shootout with gun and started several other schools relatively fast economic past year, saying that the said.
police. shooting," one pupil said with a total of 1,700 development. Communist Party of The CPPCC is a
Seventeen-year- on German television. students aged from six to The meeting China (CPC) Central patriotic united front
o l d Ti m K r e t s c h m e r "One person saw 19. adopted the work report Committee had led organization of the
Wednesday burst into his someone shot in the We d n e s d a y ' s of the 11th CPPCC people of all ethnic Chinese people, serving as
former secondary school in head." massacre was one of the National Committee's groups in advancing a key mechanism for multi-
Winnenden, a picturesque "My brother was worst school shootings in Standing Committee socialist economic, party cooperation and
town in southern Germany, in the classroom in which Germany in recent years. over the past year, and a political, cultural and political consultation under
and opened fire, leaving it happened," said In April 2002, 19-year-old
nine pupils aged between another. "He was sitting Robert Steinhaeuser, a report on how social development and the leadership of the
15 and 16 and three next to his girlfriend and disgruntled student from suggestions and ecosystem preservation Communist Party of China
teachers dead. she was shot." Erfurt in eastern proposals from CPPCC despite major (CPC), and a major
Another three Kretschmer Germany who had been members were handled challenges rarely seen in manifestation of socialist
bystanders also died went into classroom 10d expelled, killed 16 people since the last session. history. democracy.
during a massive manhunt three times, the Bild daily before turning the gun on A total of 1,987 "Maintaining Members of the
involving hundreds of said on its website, himself. members of the 11th steady and relatively fast C P P C C a r e
armed police commandos hissing on the third visit: In November CPPCC National economic development representatives of the CPC
and snipers in black body "Aren't you all dead yet?" 2006, a former student at Committee had was the principal task in and non-Communist
a r m o u r, a s s i s t e d b y A teacher threw herself in a vocational school in
helicopters and dogs. front of a female pupil -- Lower Saxony in submitted 5,571 this year's economic parties, personages
Less than three and was shot by the northwestern Germany proposals on economic work in China," says the without party affiliation,
hours after the killing spree gunman, Bild said. went a shooting spree in d e v e l o p m e n t , resolution, calling on and representatives of
began, the gunman All but one of the establishment, government building, CPPCC members to people's organizations,
eventually turned his the nine pupils killed at injuring 37 people before democracy and the legal perform their duty ethnic minorities and
weapon on himself after the school were girls, and killing himself. system, among others, earnestly to help mitigate various social strata.
being injured in a fire-fight the three teachers were The German by 2 p.m. on March 8. the impact of the global The CPPCC also
with police, bringing the women, said Heribert school shooting came According to financial crisis on the has the representation of
death toll to 16. Rech, interior minister of just hours after a gunman the report on the handling country. compatriots of Hong Kong,
A visibly shaken the southern state of went on the rampage in
Angela Merkel, Germany's Baden-Wuerttemberg the southern US state of of proposals, political It urged political M a c a o a n d Ta i w a n ,
Chancellor, described the where the slaughter took Alabama, killing 10 advisors attached great advisors to continue returned overseas
c r i m e a s place. people before also importance to issues researches on Chinese, and specially
"incomprehensible". "I don't want to turning the gun on related to people's well- macroeconomic invited people.
"It is a day of speculate too much himself. being. regulation, agriculture, Top CPC and
mourning for the whole of about this at this point ... In the late They raised 551 expanding domestic state leaders Hu Jintao,
Germany. Our thoughts go The pupils sitting nearest afternoon, eight hours proposals on maintaining demand, industrial Wu Bangguo, Wen Jiabao,
out to the families and the the door were girls," he after the first shots were economic growth, calling restructuring, export, Li Changchun, Xi Jinping,
friends. We are thinking of said. fired, the town, bathed in f o r e ff o r t t o b o o s t education and social Li Keqiang, He Guoqiang
you and we are praying for H o w e v e r, weak sunlight, still
you," she added. officials said the killer seemed to be in a state of economic restructuring security, in order to and Zhou Yongkang were
Interior Minister apparently had no motive shock. and expand domestic provide important present at the closing
Wolfgang Schauble for the bloodbath and Only policemen demand under the references for the CPC ceremony.
ordered flags across there were no indications in green uniforms were backdrop of the global and government in the The CPPCC
Germany to be flown at half that he held a grudge still on the streets, the financial crisis. policy making process. annual session ran parallel
mast Thursday as a mark of against the school. commandos in black Their proposals The resolution to an annual session of
respect for the slain. "The gunman camouflage long since also include 603 on also urged political China's to legislature, the
Church services took place wanted to destroy an back in their barracks. farmers and agricultural advisors to give priority National People's
Wednesday in the town, entire school," Rech told After the and rural development, to social harmony. The Congress (NPC). The
which has a population reporters. "He was screams and police
around 27,000. c o m p l e t e l y sirens that had broken 632 on employment, 301 members from the ethnic CPPCC National
The slaughter unremarkable." the calm of this on social security, 657 on minority and religious Committee members
started at 9:30 am (0830 Kretschmer had picturesque southern education, 426 on circles in particular were listened to the work reports
GMT) when Kretschmer achieved "average" German town, silence medical services and required to work hard to of the government along
entered the school he left marks in his school- reigned. health care, 146 on food promote unity among all with deputies to the NPC.
last year, pulled out his leaving certificate and Bureau Report safety, and 294 on ethnic groups and
nine-millimetre pistol and then enrolled in a course promoting democracy harmony among people -Agencies
began his bloody rampage. to be a salesman, Rech and the rule of law, says with different religious
Page 6 Times Chennai E-Paper Business March 12, 2009
Satyam sale process underway; Industrial growth turns negative
bidders face deadline again, contracts by 0.5 percent in Jan
Bangalore, March 12: shot in the dark," Doshi million) by March 20.
Fraud-hit Satyam said. Analysts say New Delhi, March 12: earlier estimate of 2 per
Production (IIP), declined
Computer Services closes Satyam has global IT services Industrial output cent. This gives some hope
by 0.8 per cent and
registrations for potential been struggling for companies are unlikely to showed negative growth for January figures too
bidders on Thursday, survival since founder join the race for Satyam. mining production by 0.4
for the second month in a per cent in January, getting better.
kicking off a process to sell a n d C h a i r m a n Capgemini,
row, the decline being 0.5 leading to negative "Given the last
a majority stake in the Ramalinga Raju shocked Europe's largest
percent in January, industrial growth against three-four months' trends, it
company caught in the investors in January, computer consultancy,
country's biggest corporate saying Satyam's profits has no interest in buying highlighting that stimulus a 6.2 per cent growth rate (January figures) could
scandal. had been overstated for a stake in Satyam, a packages failed to perk in the same month of result in upward
Some firms are years and assets spokesman said on up manufacturing as well 2008. (movements) after revised
likely to put in expressions falsified. Wednesday. Earlier, as mining so far. H o w e v e r, estimates come," Sen said.
of interest, attracted by T h e sources said IBM was This is the first electricity generation In terms of specific
Satyam's strong client government intervened unlikely to be interested rose, though industries, 12 out of 17
base and its large quickly and appointed in bidding. at a slow pace sectors showed decline in
workforce, but final bids will new board members and A n o t h e r of 1.8 per cent growth in January.
depend on clarity on state-run financial potential suitor, against 3.7 per The highest fall in
Satyam's finances and companies have diversified Hinduja cent a year production, 16.1 per cent,
legal liabilities. provided funding to the Group, said it had not yet ago. This was witnessed in food
S a t y a m ' s beleaguered firm. Raju, decided whether to c l e a r l y products, followed by wood
government-appointed the managing director submit its bid interest. showed that and wood products (15.2
board is keen to bring in an and the chief financial Meanwhile, per cent) and transport
stimulus
investor to restore officer quit and were later Te l e c o m s o f t w a r e equipment and parts (13.4
packages
confidence among its arrested. company Tech Mahindra per cent).
roughly 50,000-strong staff Satyam, whose today said it has have not given
industry the Among those that
and more than 600 shares jumped nearly 40 registered its expression
desired boost. showed positive growth,
customers, which include percent in the previous of interest (EoI) for
"All three the production of
General Electric and two sessions, eased 1.9 participating in the time in 16 years that
Qantas Airways. percent to 47.8 rupees by bidding process of stimulus packages have machinery and equipment
industry shrank for two other than transport was up
"We will see many 0815 GMT on Thursday. Satyam Computer not picked in. The
consecutive months. 17.5 per cent.
companies registering their The company's market Services. industrial production
As such, the With fiscal
interest by the end of the value has plunged to "Once the figures would not reflect
partial recovery in packages failing to propel
deadline today, but it $630 million from $7 company receive the their impact," Chief
November proved an industry, economists are
remains to be seen how billion last May. RFP (request for Statistician Pronab Sen
many of them will stay the BIDDERS proposal) it will evaluate aberration in recent not sure whether only the
said.
course after the due A spokesman and conclude on next months with industrial RBI's measures to ease
The fall in
diligence," said Tejas for the top engineering step," the company said growth turning negative liquidity will push up
industrial production in
Doshi, head of research at firm, Larsen & Toubro in a statement. in October, December demand as there is a model
December was not as
Bombay-based Sushil Ltd, which controls about Registering and January. code of conduct for the
steep as initial estimates
Finance. 12 percent of Satyam, does not essentially Manufacturing Government restricting the
showed last month. The
Satyam has said said it would submit its mean any company output, having a weight of announcement of any more
revised figures show that
it would provide shortlisted interest to acquire the would appear in the final around 80 per cent in the such measures.
production contracted by
bidders access to certain company. bidding process. Index of Industrial -Agencies
0.63 per cent against the
business, financial and Bidders need to Shares of Tech
legal information. register their interest by Mahindra were quoted at
"Unless the
Satyam board makes
end of Thursday to buy a
51 percent stake in
Rs 267.55 at BSE in
afternoon trade, up 1.71 Nano may find it tough to enter Europe: Audi
available enough data Satyam. They will be per cent over the
based on which a buyer asked to submit a previous close. Ingolstadt (Germany), they faced problems," features and complying
can put a value to the detailed expression of Satyam's board March 12: Audi AG Member of the with Euro V emission
company, I don't think there interest and show had appointed KPMG Tata's small car Board (Finance and norm, by 2011.
will be many left in the final availability of at least 15 and Deloitte in January to Nano may not be able to Organisation) Axel Nano would be
stages of bidding to take a billion rupees ($290 restate accounts. enter Europe due to Strotbek said. launched in India on March
stringent safety and Asked if Nano 23, booking for which
Inflation dips to 2.43% emission norms, leading
German luxury carmaker
could also face such
difficulties in entering into
would start from the
second week of April. It
New Delhi, March 12: Statistician of India masur prices firmed up by Audi said joining the list of was originally to be
Inflation fell for Pronab Sen. one per cent each. Europe, he said: "Yes ... I
auto players, who are don't think it will come launched in the second-
the sixth consecutive According to Elsewhere, sceptical about the half of 2008, but was
week, to 2.43 percent, the ICRIER Director Rajiv cement and some here."
prospects of the world's Axel said that delayed after the company
lowest in over six years, as Kumar, "It is no surprise. inorganic chemicals was forced to shift
prices of food items like In fact, we should now prices also firmed up. manufacturing base from
pulses, dairy products and begin to start worrying The declining
Singur in West Bengal to
edible oil softened further about deflation. We could inflation has also raised
in the last week of see zero inflation in 2-3 hopes of further cuts in Sanand in Gujarat.
February. months." the benchmark rates by The company's
Even the prices of During the the Reserve Bank to spur website featuring Nano
manufactured items, week, the prices of maize, the economy as industrial has registered 30 million
including iron and steel, arhar and moong production declined for hits or visits since the car,
textiles, chemicals and declined by one per cent the second month in a with a base-price tag of Rs
batteries, declined during each. Dairy products fell row to 0.5 per cent in 1,00,000, was first
the week ended February by about 2 per cent while January 2009. unveiled. The company
28. edible oil also fell by Crisil Principal had announced the low-
Wholesale about one per cent. Economist D K Joshi cost car project in 2006.
prices-based inflation is A m o n g said, "I believe there The hatchback
now at a level seen in June manufactured products, could be a cut of 50 basis car features a 624-cc
2002, by falling 0.6 prices of textile items like points in both the repo cheapest car. petrol engine and the
safety, fuel efficiency and
percentage points from nylon filament yarn and reverse repo rates company claimed that
Nano has emission norms are very
3.03 per cent a week ago. It declined by two per cent next month." Nano would give a mileage
always elicited sharp important for the
was 6.21 percent during while sacking bags fell by Last week, the of 20 km per litre. Its engine
the corresponding week a one per cent. At the same RBI slashed the short- reactions from rival European customers,
is located on the rear and
year ago. time, steel ingots were term lending and carmakers, including "which I am very
the boot space in the front.
Te r m i n g t h e cheaper by as much as borrowing rates -- the Maruti Suzuki, about its apprehensive of getting
Tata Motors chief
decline below 3 percent on 13 percent and batteries repo and reverse repo -- compatibility with safety in this price (Nano's
Ratan Tata had last year
expected lines, prices softened by three by 50 basis points to norms, which Tata Group price)".
said that he would retain
economists expect per cent. arrest economic Chairman Ratan Tata has Last week,
the price tag at Rs
inflation to reach zero in The fuel index slowdown with India's been challenging. India's largest auto
1,00,000 (for the base
the next couple of months. remained unchanged at GDP growth falling to "Entering (by m a k e r Ta t a M o t o r s
model) despite input costs
"This is on its previous week's level over a five-year low of 5.3 any model) the US and unveiled the European
shooting up. But since
expected lines. It was of 323.5. per cent in Q3. European market is very version of Nano at the
then, steel prices have
during last February and During the Inflation for the tough due to very Geneva Motor Show and
plunged by up to 40 per
March that inflation spiked. week, prices of fruit and week ended January 3, stringent security and received huge applause
cent from early 2008 levels
The prices of commodities, vegetables and bajra 2009, was revised consumption regulations. from car enthusiasts. The
and overall demand in the
primarily oil and were expensive by two upward to 5.33 per cent Many Chinese carmaker company plans to launch
economy too has
foodgrains, have percent each while from 5.24 per cent in the had earlier tried to enter 'Nano Europa', loaded
moderated," said Chief bakery products and provisional estimates. witnessed a slump.
Europe, but could not as with additional safety
-Agencies
March 12, 2009 Times Chennai E-Paper Business Page 7
Sensex up 183 pts, closes at 8,343 Hinduja group opts out of
Mumbai, March 12: index-linked Bharti Airtel coinciding with a surging 3.70 per cent to Satyam bidding process
The Bombay stocks by 6.37 per cent to worldwide rally in 2,695.27, following New Delhi, March 12: The Hinduja group has decided
Stock Exchange Rs 550.30, after reports financial companies as reports of vehicle sales not to participate in the bidding process of Satyam
benchmark Sensex on that the company CEO JPMorgan Chase and rising in February. The Computer.
Thursday gained over 183 sold his entire holding, Citigroup said they were banking index was the “We have not put in any expression of interest
points amid investors trimmed market gains. profitable this year. The second-best performer, for Satyam," Hinduja group CFO Prabal Banerjee said.
indulging in catching up A weak opening US Dow Jones Industrial rising 3.33 per cent to Asked about the reason for not participating, he
with the rise in the US at the European stock Average recorded a 3,754.22, followed by the said, "As the bidding process has started, as a
stock markets and inflation markets this afternoon handsome gain of nearly oil and gas index, which responsible corporate citizen we would not like to divulge
declining to over a six-year further checked the 7 per cent in the last two rose 3.21 per cent to the reason for our decision.
low. upsurge in the domestic sessions. 5,814.64. -Agencies
After the market stock prices and even ICICI Bank, the
opened after two holidays, reduced gains. second-largest lender,
The metal index
gained 2.87 per cent to Central Bank freezes home
the Sensex surged to
8,439.71 before winding
The overall
shape of the market was
rose for the first time in
seven days, climbing 8.1
4,566.46, the IT index
2.38 per cent to 2,073.53,
loan rate at 8 pc for one-year
up at 8,343.75, revealing a better as Reliance per cent to Rs 284.25, the FMCG index 2.25 per Mumbai, March 12: Public sector lender Central Bank
gain of 183.35 points. Industries, with the and Axis Bank by 8.35 cent to 1,843.27, the of India has frozen lending rate on new housing loans up
The rally was led heaviest weight in the per cent to Rs 304.35. capital goods 2 per cent to Rs 20 lakh at eight per cent for a period of one year.
by Reliance Industries, Sensex, surged Rs 4.1 The rebound in The bank has targeted to disburse an
to 5,562.47, the additional Rs 500 crore of home loans by April end with
Infosys Technologies and per cent to Rs 1,201.95 banking stocks led the healthcare index 1.23 per the introduction of the new scheme, a statement said
ICICI Bank, which carry on reports that the rally even as industrial cent to 2,549.78, the PSU here on Thursday.
nearly a 27 per cent weight company resumed crude production declined in index 1.06 per cent to Lending rates for loans between Rs 5 lakh and
in the index. Inflation fell to oil production from its two consecutive months, 4,725.20, the power Rs 20 lakh would now be offered at eight per cent as
nearly a seven-year low of MA-I field in the east for the first time in 16 index 0.54 per cent to against 9.25 per cent earlier, the bank said. After one
2.43 per cent for the week coast block this week. years. Output at 1,623.83 and the realty year, this rate would be reviewed according to the
ended February 28. The second- factories, utilities and index 0.44 per cent to prevailing market situations, a Central Bank official said.
The 50-share largest tech-major mines fell 0.5 per cent in 1,309.41. Customers who have been sanctioned loans
National Stock Exchange Infosys Technologies January from a year between March 12 and April 30, 2009, can avail the
However, the benefit of the scheme, the bank said.
index Nifty rose by 44.30 rose by 2.54 per cent to earlier after a 0.6 per cent consumer durable index In February, Central Bank had reduced its
points to 2,617.45, after Rs 1,227.15. drop (revised figure) in fell 1.30 per cent to lending rate on home loans up to Rs five lakh from 8.5
touching the day's high of Banking stocks December. 1,452.44 and teck index per cent to eight per cent. State-owned banks started
2,646.50 points. led by ICICI Bank and The auto index by 0.09 per cent to cutting their home loan rates after the country's largest
A steep fall in HDFC Bank surged, was the front-runner, 1,634.12. lender, State Bank of India, froze its new home loan rates
at eight per cent for one year recently. -Agencies
Page 8 Times Chennai E-Paper Sports March 12, 2009
India survives scare to move Australia squad: Hilfenhaus,
into Super Six stages Siddle rested; Laughlin included
New South Wales ( stage of the ICC Udeshika Prabodani
Australia) March 12: Women’s World Cup. recorded figures of 2-20 Melbourne, March 12: said in a statement. introduce Ben Laughlin to
India survived a Vice-captain and Suwini de Alwis Uncapped Ben " T h e Australian cricket. Ben has
scare against Sri Lanka Amita Sharma led a achieved 2-34 in a fine Laughlin was on recommendation of the had an extremely good
before a completing a 35- much improved bowling all-round bowling display. Thursday included in the coaching and fitness summer for Queensland
run win that guarantees it a performance after a poor A slow but Australian squad and all- staff was that they have and was instrumental in
batting display had left steady first-wicket stand rounder Brett Geeves time off now to allow their one-day final victory.
India in all kinds of of 37 between Dedunu de was rewarded for his them to recuperate and Ben will add to the
trouble. Silva (21) and Chamari performance against then commence a versatility of the Australian
Mithali Raj (75 Polgampola (12) Bangladesh as the structured training bowling line up as we
not out) was again the provided a good platform National Selection Panel program in ideal continue to look at options
key player for India, one for Sri Lanka to chase its announced teams for two preparation potentially progressing forward to the
of only three Indian target, but once again a Twenty20 and five one- for the World Twenty20 2011 World Cup," he said.
players to register double poor batting effort was to day internationals and the Ashes. On absence of
figures, as it struggled to prove costly. against South Africa. " T h i s Shaun Marsh, he said "It
reach 137-7 off 50 overs. Only Eshani Laughlin and recommendation is fully was not considered
But it would Lokusooriya (20) Geeves will replace Ben supported by the appropriate to rush him
have been relieved to get provided any kind of
Hilfenhaus and Peter National Selection Panel back into one-day cricket
to that total having at one resistance in a total of
stage been 35-4 and then 102 all out, as Amita Siddle, who are being as an appropriate for Australia".
78-7, as some disciplined Sharma (3-19), Rumeli rested from the South strategy leading into key " S h a u n i s
and consistent bowling Dhar (2-10) and Gouher African one-day series tournaments and in recovering from a
restricted one of the pre- Sultana (2-16) led a great as part of their workload particular the Ashes," he significant hamstring injury.
tournament favourites. bowling performance. management to prepare said. He is recovering well, but
C h a m a r i -Agencies for key upcoming events, Hilditch said further testing of hamstring
place in the Super Six Polgampola took 2-17, including the World Geeves had impressed strength is being
Twenty20 and the Ashes. in Bangladesh, while undertaken and he has not
Kiwis leave out injury-prone David Warner and Shane
Harwood have also been
Laughlin was being
looked as a 2011 World
been match tested at all.
We would expect Shaun to
Oram of first Test against India brought in the squad but
the duo will return to
Cup prospect.
"With this of
be available for selection in
the Pakistan one-day
Auckland, March 12: Turner said. well consistently over a Australia after the two c o u r s e c o m e s series," he added.
Injury concerns Oram will period of time, and has Twenty20 matches, NSP o p p o r t u n i t y. B r e t t The squad: Ricky
have forced New Zealand instead play first class the advantage of having Chairman Andrew Geeves performed well Ponting (c), Michael Clarke
Cricket selectors to leave cricket and could be done quite a bit of Hilditch said. in the Top End Series (vc), Nathan Bracken,
all-rounder Jacob Oram considered for later Tests bowling in recent four- "Both Peter and against Bangladesh for Callum Ferguson, Brett
out of the squad while in the series, Turner day matches," Turner
including uncapped pace added. The second Test said about the 30-year- Ben had significant Australia and has Geeves, Brad Haddin,
bowler Brent Arnel for the starts in Napier from old Arnel. injuries during the 2008 continued to perform well Nathan Hauritz, James
first Test against India in March 26 and the third Franklin, who off-season. Since domestically. In addition Hopes, David Hussey,
Hamilton from March 18. will be played in has been suffering from a returning to cricket they to his bowling he is a Michael Hussey, Mitchell
Oram, who has Wellington from April 3. knee injury, earned a have had a demanding potentially explosive Johnson, Ben Laughlin,
been plagued by injury, Returning from recall to the Test side and heavy Australian batsmen and fielder and Adam Voges, Cameron
was left out since it was felt injury was opening fast after his good showing season and will have adds to the versatility of White, David Warner,
he was not fit enough for bowler Chris Martin. with the bat for the A completed three back-to- the one-day side. Shane Harwood.
the first Test. The all- The selectors team. back Test matches in "We also take
rounder, who has five also decided to reward New Zealand,
hundreds and 60 wickets Martin Guptill for his who have already lost the South Africa," Hilditch the opportunity to -Agencies
in his kitty in 31 Tests, was impressive performance five-match one-day
replaced by James
Franklin.
in the one-dayers with a
call up to the Test squad
series 3-0 with the
second abandoned due I'm in a unique phase of my career
Oram played in for the first time. to rain, named an
the one-day series against
India but has been found
Guptill has
scored 391 runs at an
unchanged side for the
last ODI in Auckland on
as captain: Ponting
wanting with his fitness average of 48.87 in 11 Saturday. Melbourne, March 12 under very trying Australian player. It's just
since returning from a calf one-day internationals Squad for first H a v i n g circumstances. That's very satisfying. I'm very
muscle strain. since making his ODI Test: Daniel Vettori salvaged the team's what makes me proud as proud of this group of
"He has made debut in January. (captain), Brent Arnel, pride when everyone had captain of a younger players, that we've been
good progress in Arnel's fine Daniel Flynn, James written off his young and team," he told Australian able to play at this level.
recovering from injury, but performance for New Franklin, Martin Guptill, inexperienced brigade media. We played some amazing
Jacob is not yet fully Zealand A against the Tim McIntosh, Brendon against South Africa, Australia was Test cricket here — a level
confident that his body England Lions saw him McCullum, Chris Martin, Ricky Ponting feels he is playing with its most of cricket everybody
would stand up to the being included in the Kyle Mills, Iain O'Brien, in a unique phase of his inexperienced side in 20 outside our dressing room
rigours of a five-day squad for the Hamilton Jeetan Patel, Jesse career as the Australian years in South Africa but thought we weren't
game," NZC selection Test. Ryder, Ross Taylor. captain. recorded two thumping capable of.
committee chief Glenn “He's bowled -Agencies Ponting has win to retain the world No. "That's been the
guided his team to 2-0 1 ranking. most satisfying thing for
Sangakkara takes over Sri Lankan captaincy unassailable lead in the
three-match Test series
Ponting, whose
team was struggling
me. We played our best
cricket for long periods of
Colombo, March 12: Twenty20 tournament against Australia on June against South Africa to since losing in a Test time. We dominated, we
Sri Lanka has which begins on June 5. 8 at Trent Bridge. secure the team's top series in India and then at didn't give an inch. This is a
named Kumar Sangakkara Their first match is -Agencies position in the ICC home against South great achievement," he
as captain for the World rankings. Africa, admitted Aussies added. Ponting said he
Twenty20 tournament in
England later this year,
IPL opening ceremony will be "It's certainly a
unique phase in my
dominated after a long
time and it was a great
always believed that his
team could win here
while Muttiah Muralitharan
has been appointed his bigger and better: Modi career as a captain.
To h a v e a
achievement to manage
the series-clinching win
despite starting as the
underdogs.
deputy in the provisional number of debutants, over South Africa in "I absolutely
25-member squad Mumbai, March 10: and a number of Durban. “To win the way thought the team could win
announced by the national The opening ceremony of the high-profile inexperienced guys, it's we have here, against a here. Deep down,
selection committee. Indian Premier League`s second edition on April 10 something I haven't been side that no one thought something inside me just
The 31-year-old would be bigger and more colourful than last year, its accustomed to," he said. we could beat, makes the said we could compete
Sangakkara, vice-captain Chairman and Commissioner Lalit Modi said today. "When these achievement very against South Africa.
for three years, has played "The 2009 opening ceremony (to be held at challenges came up and special. "You've always
80 tests and 246 one-day the D Y Patil Stadium in Navi Mumbai) would be this transitional phase " Wo r l d C u p s got different personalities
internationals. He spectacular and better than last year. It will be a 30 first started, I looked at it are great, to win the coming into the side, but
succeeds Mahela minute visual extravaganza," Modi said while as being one of the most Ashes 5-0 in 2006-07 this time we've had five or
Jayawardene, who launching the new season of the T20 league exciting little phases of was an amazing six at once. Being on an
stepped down as captain at rechristened as "DLF IPL" here. my career. achievement, but this is overseas tour makes it
the end of the two-test The organisers have planned various cultural "It's even more just as good. There'd be a easier. You get to know the
series in Pakistan which items like "Drums of India", featuring the drummers exciting when guys like lot of people around the guys, what makes them
was abandoned last week from the five zones of the country, besides showcasing Phillip come in and fare world who didn't think this tick on and off the field.
after terrorists attacked the a top international roller skating duo, acrobats and fire so well right from the was achievable," he said. We've bonded over here,
team's bus in Lahore. dancers, among others.The closing ceremony, on May start. All these guys have "This is as gotten to know each other
Sri Lanka do not 24, will also be held at the same venue, Modi declared. come in, put their hands happy as I've been in my and taken that onto the
have any international
fixtures until the World up and put their heads up whole career as an field.
-Bureau Report
March 12, 2009 Times Chennai E-Paper Page 9

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