JANUARY 18, 2015 | PAGES 38 | INCLUDING AHMEDABAD TIMES (FOR AHMEDABAD AND GANDHINAGAR CITIES ONLY), TIMESLIFE!

AND TIME SPROPERTY | TIMESOFINDIA.COM | EPAPER.TIMESOFINDIA.COM

AHMEDABAD

PRICE `5.00

US asks for no-fly zone over Four vibrant companies

enter billion-dollar club
Rajpath on R-Day, India says no Mkt,
Performance Take Guj Cos Past M-cap Milestone
Aircraft Ban
Would Have
Hit Fly-past
TIMES NEWS NETWORK

New Delhi: India has politely

turned down a suggestion by
Barack Obamas security
teams that a 5-km no-fly zone
be imposed around the majestic Rajpath during the Republic
Day parade, which will have
the US president as the chief
guest for the first time.
A no-fly zone would have led
to the customary flypast on January 26 being cancelled. The
US team was told that this was
simply not possible, said a
source. The US security detail
was apparently in touch with
the directorate general of civil
aviation about the no-fly zone
but the proposal was shot down
by military authorities.

IAF gets Tejas,

but induction
still far away
TIMES NEWS NETWORK

Bengaluru: After a 32-year

wait, the Indian Air Force
(IAF) received its first series
production version of the
light combat aircraft Tejas
(LCA-SP1) on Saturday. Its induction into a fighting squadron, however, will take longer.
The IAF, sources said, is
looking to raise the first
squadron with a fleet of six to
eight LCAs. Given the inadequate number of aircraft, this
cannot be done before 2016.
Sources said that neither
the SP-1 nor the SP-2
will make it to a fighting
squadron; versions from the
SP-3 and later will be considered. P 9

SNAPSHOTS

India harassing
our airline: Pak
Pakistan has alleged that its national carrier PIA is being harassed by Indian authorities for
illegal purchase of properties in
violation of RBI guidelines. Islamabad claims this is an attempt
to force PIA to shut India operations. P 9

AI pilot beats up engineer in

cockpit: A pilot beat up a flight
engineer in the cockpit of an Air
India plane at Chennai airport on
Saturday. The pilot has been
grounded. P 9

Khattar scraps all new Hooda projects: Haryana CM Manohar Lal Khattar has scrapped all
new projects cleared by the Bhupinder Hooda government. P 7

EC issues notice to Kejriwal:

The EC issued a notice to AAP
chief Arvind Kejriwal seeking his
comments on Delhi BJP president
Satish Upadhyays complaint that
the former had levelled baseless allegations of corruption.

YOUR SUNDAY STAPLE

zDeepak Chopra replies to

readers queries on health

and astrological predictions
zSometimes, you are
better off listening to your
body rather than the mind,
says Osho
... and more: Geography of
the heart, what colours say
about you and pumpkin
kheer recipe in todays
8-page edition. Ask your
vendor for a copy @ 3.00

WEATHER
Ahmedabad

25.7/13.0

...............................

Vadodara

27.6/13.6

Rajkot

27.0/11.8

Times Classifieds | P 6 & 8

POTUS ON THE MOVE

AIR FORCE 1

THE PHONE
Obama uses a
BlackBerry with spl
software to encrypt
calls, texts and
emails; also issued to the few
he likes to stay in touch with
Only 10 contacts believed
to have access to his personal
email ID; he can call, text 10-20
people

2 Boeing
747-200B jets,
each with 4,000 sq ft of oor
space; replete with secure
communications equipment, can
function as a mobile command
centre
With a full tank, it can y
half way around the world. Can
withstand an air attack

THE BEAST
Body is of military-grade bullet-proof
material, tyres reinforced with Kevlar,
fuel tank sealed and armour-plated to
withstand hits
Shotguns kept in compartments; trunk
has a blood bank with Obamas blood types
In any case, only twin-engine military aircraft and helicopters fly during the Republic
Day parade. The actual flypast
duration over Rajpath is
around 10 minutes. Otherwise,
throughout the year, there is a
no-fly zone over Rashtrapati

Bhavan, South and North

Blocks, the PMs residence and
other nearby places, he added.
Sources said 18 fighter jets,
five aircraft and 10 helicopters
will take part in the flypast this
year, flying at heights from 60metre to 300-metre above the

Samson & Co rebels

without a cause: Jaitley
Avijit Ghosh &
Himanshi Dhawan

TNN

New Delhi: Union minister

for information and broadcasting Arun Jaitley has
called censor board ex-chief
Leela Samson a non-functional chairperson and described other members quitting their posts as rebels
without a cause even as the
tally of such resignations reached 13 on Saturday.
The UPA government had
politicized the censor board...It is regrettable that the
UPA appointees have decided
to politicize routine issue If
there is any corruption, the
UPA appointees have themselves to blame. I only wished
that the fact of corruption had

Punjab bans MSG

he Punjab government on
Saturday banned screening
of controversial film MSG
The Messenger Of God, which
has Dera Sacha Sauda sect
chief Gurmeet Ram Rahim
Singh in the lead, following a
central advisory and
intelligence reports that it could
lead to tension. P 10

been communicated even once

by the chairperson of the censor board to me. The non-functional chairperson never did
so, Jaitley posted on his Facebook page with the headline,
Rebels without a cause.
Continued on P 10

1,600 US personnel
to guard Obama
lmost 1,600 American
personnel, mostly from
security and intelligence
agencies, are expected to be in
India for Obamas visit. About
800 personnel had
accompanied him on his last
visit in 2010. This time, the
Presidents engagements
are significantly outdoors
almost two hours in the open
at the Republic Day parade
along Rajpath on January 26
and more complex than his
past visit, one official
explained. P 8

ground. It will include the Navys first supersonic fighter

MiG-29K as well as IAF fighters
like Sukhoi-30MKIs and Jaguars, which will take off from
different airbases in north India and converge over the Rajpath.

Anushka cant
stay with Virat
during WC
New Delhi: Afraid of succumbing to fine leg, is Indian
cricket falling for
silly point? The
BCCI may have not
made a announcement yet, but wives
and girlfriends will not be allowed to stay with Team India players during the World
Cup, starting ironically on
Valentines Day.
This means that Anushka Sharma seen as a calming influence on the tempestuous Virat Kohli will not
share the room with the Indian vice-captain during the
tournament where India
will play nine matches
should they reach the final
on March 29. TNN P 15

Kalpesh.Damor
@timesgroup.com

Ahmedabad: A new order is

rising in the billion-dollar
club of Gujarat Inc. At least
four Gujarat-based companies have crossed market capitalization of $1 billion over
the past one year.
Thanks to the buoyant
capital markets and strong financial performance, the
market capitalization of
Symphony Ltd, Arvind Ltd,
Alembic
Pharmaceuticals
Ltd and Gujarat Pipavav Port
Ltd, a subsidiary of APM Terminals, has crossed the billion-dollar mark for the first
time.
Ahmedabad-based
air
cooler-maker Symphony has
seen a sharp jump in its market capitalization at Rs
6772.89 crore as on January
16, 2015, up from Rs 1,350 crore
in January 2014. Its share
price increased from Rs 389 to
Rs 1,936.30 during this period.
Similarly, the market cap
of Vadodara-based Alembic
Pharmaceuticals moved up
from Rs 3,700 crore (January
2014) to Rs 8,763 crore on January 16.
Textile major Arvind Ltd
saw its market cap double in
the past 12 months from Rs
3,500 crore to Rs 7,017 crore
with its stock price going up
from Rs 135 to Rs 271 during
the period. Arvind Ltd has also benefited from its focus on

THE NEW ORDER

Chirayu Amin

Achal Bakeri

Sanjay Lalbhai

CMD, Alembic Ltd.

CMD, Symphony Ltd.

CMD, Arvind Ltd.

`3,700 cr

`1,350 cr

`3,500 cr

`8,674.56 cr

`7,031.90 cr

`7,052.62 cr

US$1.39 bn
US$1.13 bn
US$1.13 bn
Gujarat
`2,800 cr `10,041.05 cr US$1.61 bn
Pipavav Port
Jan 2014: lowest share price on BSE

BEEN THERE, DONE THAT

Jan 2015: As on Jan 16 closing

(Cos with billion-dollar market cap)

Adani Enterprises

Cadila Healthcare

Adani Ports & SEZ Ltd.

Gujarat Gas

Adani Power

Gujarat State Petronet Ltd.

Torrent Pharma

Gujarat Fluorochemicals Ltd.

Torrent Power

AIA Engineering

branded apparel as well as diversification into the real estate sector. This has led to rerating of companys scrip,
said an analyst.The share
price of Gujarat Pipavav Port
Ltd shot up from a low of Rs
58.45 in January 2014 to Rs
207.07 on January 16, 2015,
which resulted in a sharp increase in its market capitalization from Rs 2,800 crore to
Rs 10,041.05 crore. Apart from
profitability, strong growth in

container volume has helped

Gujarat Pipavav to perform
better, says Nilesh Kotak, a
city-based stock analyst.
Apart from performance,
these companies have benefited from the overall rally in
stock markets in 2014 by
around 30%. What is heartening, however, is that these
four companies are in completely different business areas in what is now widely acclaimed as vibrant Gujarat.

Home is where
nightlife is for
90% of youth
TIMES NEWS NETWORK

oung metropolitan Indians think a citys

nightlife is crucial to
its being considered a modern urban space and say this
is an important factor in
their choice of where they
would want to live. They disagree that a citys nightlife
makes it unsafe for women.
Those are the takeaways
from an opinion poll done
exclusively for TOI in the
countrys eight most populous cities Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Pune
and Ahmedabad. P 8

AIs Maharajah
is aam aadmi
post makeover

ir Indias Maharajah,
an iconic portly figure
in regal garb and hands
folded in namaskar, is being
offloaded. Passengers are now
being welcomed by a new and
younger version of the mascot, sans turban with spiky
hair, wearing jeans and sneakers. While the trademark twirling moustache remains, even
thats been cut down to size.
In his first meeting with
aviation ministry heads on
June 21, 2014, PM Narendra
Modi had said that the aam
aadmi must replace the Maharajah as the mascot of Indian
aviation. TNN P 9