Wednesday, November 30, 2011

IndianOil XtraPremium Masters Golf 2011 announced by Aircel PGTI


IndianOil XtraPremium Masters Golf 2011 announced by Aircel PGTI
• Prize money of Rs. 2.5 million
• Top names in the field include Chiragh Kumar, Mukesh Kumar, Feroz Ali Mollah, Shankar Das, Manav Jaini, Vijay Kumar, Harmeet Kahlon

Digboi, Assam, November 29, 2011: The IndianOil XtraPremium Masters Golf 2011 will be held from 30th November to 4th December 2011 at the Digboi Golf Links under the aegis of the Professional Golf Tour of India (PGTI).

This popular sporting event of IndianOil commands a prize purse of Rs. 2.5 million and holds significant slot on the Aircel PGTI calendar.
The field boasts of some of India’s top professionals such as Chiragh Kumar, Mukesh Kumar, defending champion Shankar Das, Feroz Ali Mollah, Manav Jaini, Vijay Kumar, Mandeo Singh Pathania, Harmeet Kahlon, Shamim Khan and Sanjay Kumar, to name a few.
Mr. S P Bordoloi, General Manager (Technical), IOCL (Assam Oil Divison), said, “IndianOil XtraPremium Masters Golf is the only event on the Aircel PGTI calendar being played in the North-East. The rich talent that comes to Digboi from across the country is a great source of inspiration to sports players and enthusiasts here.”
Mr. Padamjit Sandhu, Director, PGTI, said, “We thank the Indian Oil Corporation for partnering with us in staging the IndianOil XtraPremium Masters Golf. It is the involvement of giant corporates such as the Indian Oil Corporation that helps us raise the standards of Indian professional golf. We look forward to a fascinating week of golfing action as the top Indian professionals go head-to-head at one of the most scenic venues in the country.”
The venue, the picturesque Digboi Golf Links is a golfer’s delight. The course is a one of its kind in terms of ambience as it is situated among the lush tea estates and thick forest of eastern Assam. The Digboi Golf Links is bordered by the Dehing forest reserve on three sides and the magnificent mountains of Arunachal Pradesh on the fourth. This 72 par course with a yardage of 6329 could also be termed as the best in the north-eastern part of the country due to its magnificent layout.

India Telecom 2010 exhibition. 7 December


India Telecom 2010 exhibition.


Opening Hours:              7 December 2011        10am - 6pm
                                      8 December 2011        10am - 6pm
  9 December 2011        10am - 5pm
                       
Venue:                                     Hall 8-11, Pragati Maidan Exhibition Center, New Delhi, India
The show is for trade visitors only, and proof of trade status is required for entry. No children under the age of 18 are permitted entry. Student groups are admitted on 9th December, Friday only, must be arranged in advance and accompanied by a faculty member. Entry from Gate 2, 7.
 

46th BSF Raising Day

46th BSF Raising Day 



30.11.2011 03:26:16 - Nksagar-Sagar Media inc: New Delhi:
BSF force celebrates its 46th year anniversary is force to reckon with responsible for managing the borders of about 6387 KM on Western and Eastern Sectors.


(live-PR.com) - BSF of 169 Battalions, which has its own Air and Water Wings, Artillery Regiments and can rightly boast of its Training Institutes. The force which grew from 25 Battalions in the year 1965 is presently the largest Border Guarding force of the world.BSF has played a key role in nation's security. The rich & valiant contribution of BSF
during the Indo-Pak war of 1971, in fighting insurgency & militancy in Punjab, J & K and North- East and recently in the areas affected by Left Wing Extremism not only highlights the glorious past but encourages us to strive for greater heights in future.

Anti-Naxal operations are set to be intensified in affected states with the induction of 2,000 newly trained BSF personnel and seven new helicopters. Border Security Force (BSF) to deploy its two new battalions in Chhattisgarh and Orissa, official sources said. The force has already ten battalions in operation in these two states. With this, the total strength of central forces involved in the anti-Maoist drive will go up to about 93,000 personnel. They include 76 battalions of CRPF and five of Indo-Tibetan Border Police (ITBP).

A battalion has approximately 1,000 personnel. Six new MI-17 choppers and a 'Dhruv' Advanced Light Helicopter will be deployed in these areas. They will be operated by the BSF air-wing.

"We are adding a considerable number of aircraft to our air-wing," BSF Director General U K Bansal said during the forces' annual press conference here today. "The two new battalions have already finished their training and will be deployed in Chhattisgarh and Orissa including at the borders of these two states," sources said, adding the move to induct the fresh contingents and the choppers was taken sometime back.
Media agencies
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Tuesday, November 29, 2011

Malls vs Walmart vs SEZ and $300b Indian Foreign Investments

Malls vs Walmart vs SEZ and $300b Indian Foreign Investments

Nation of 1.2b is shamed in the world when 545 MPs display immaturity, foolishness and indiscipline – today not just few foreign missions but whole world watches us.

Around 2006 at an India Japan event Indian companies invited Japan to invest in Malls also among other sectors – they laughed and told us – we know your Malls selling same products in big costly buildings is not opening up of retail sector.

1. It is laughable none of 545 MPs in India objected to mushrooming growth of Malls and big multistory showrooms across India – 80% of them for retailing multinational products at MSP in most cases. Malls near Saket built on 50 acres are worth Rs.20,000 crores – Malls don’t even serve 95% of Indians and India has thousands of such malls across that don’t store perishable foods – actually I didn’t see any Kiryana or Fruits also didn’t I see any Pav Bhaji or Chhole Bature & Vegetable shops but there are all kinds Pizza and Baristas Coffee shops.

2. It is also laughable when 600 SEZs were approved and Ambani alone acquired 34,000 hectares of prime land for SEZs next to Mumbai and Delhi – it was only when farmers across India revolted against acquisition of their ancestral land cheaply – there was Mild Opposition by 545 MPs.

3. It is also laughable when farmers in Punjab get Rs.2.5/kg but fresh produce is retailed in Delhi for Rs.20/- kg. There is never any opposition by 545 MPs.

4. It is also laughable one million Traders are advanced more Bank Credit than all 800 million farmers put together. Bank credit to traders is Rs.3,00,000 crores but there is bare minimum cold storage facility & transport – 30% of our fruits and vegetables are lost in handling and transportation.

5. It is laughable but for most products made by mainly multinationals are retailed in shops – all fruits and vegetables are retailed on Pavements or street vendors in cities – this is no concern to 545 MPs. Most retailers in small towns operate from residential properties illegally.

6. It is laughable when none of 545 MPs objects to Corporate India invests $300b legally in foreign countries equal to 20% of GDP much more through Hawala and acquire 100% share in companies but there are restrictions - WalMart is forced to marry Sunil Mittal to do business in India?

7. It is laughable all the labor and vendors are daily wagers with no job security.

8. It is laughable when states don’t bother to enforce Quality Control for products made in India and imports to facilitate ‘Unaccounted Sale’ and purchase of substandard products.

R Singh

Sunday, November 27, 2011

India, Nepal ink Double Taxation Avoidance Agreement


India and Nepal have signed a revised Double Taxation Avoidance Agreement (DTAA), which will facilitate exchange of information on banking between the two countries and help prevent tax evasion. 
The revised tax treaty was signed by Finance Minister Pranab Mukherjee and his Nepalese counterpart Barshaman Pun in Kathmandu on Sunday.

It will replace an earlier agreement signed between the two countries in 1987. The agreement is also likely to boost confidence of investors and help Nepal attract more investment from India.

India is the biggest source of foreign investments in Nepal, as also its largest trading partner.

However, Nepal accounts for only 0.44 per cent of India’s total trade.

The bilateral trade between the two nations has increased from US Dollar 1.98 billion in 2009-10 to around US Dollar 2.70 billion in 2010-11, registering an increase of 37 per cent.

Indian firms are the biggest investors in Nepal accounting for about 47.5 per cent of total approved foreign direst investment.
 

Till date India has signed DTAA with 81 countries and Tax Information Exchange Agreements (TIEAs) with five jurisdictions. It has concluded negotiations with 17 jurisdictions for signing of TIEA.

Of the 81 DTAAs, 75 do not have specific paragraph for exchange of banking information. All these 75 DTAAs have been picked up for renegotiation. Renegotiations have been completed in 22 cases.

India had already signed a revised tax agreement with Switzerland. Under this pact, both the cou

Gold up, Silver soften


Gold prices made a modest recovery in the domestic bullion market in Mumbai on Saturday on stray local demand at lower levels, despite bearish global cues.
In contrast, silver prices fell in lacklustre trade owing to poor industrial support.

Standard gold of 99.5 per cent purity gained Rs 55 to close at Rs 28,470 per 10 grams, as against Friday's close of Rs 28,415.

In a similar fashion, pure gold of 99.9 per cent purity moved up by Rs 60 to finish at Rs 28,610 per 10 grams, as against Rs 28,550 on Friday.

Silver ready (.999 fineness) eased by Rs 20 to end at Rs 55,270 per kg, as against Rs 55,290 previously.
New York, gold ended lower due to the strong dollar amid weakening equities.
Gold for December delivery retreated by USD 10.20 to USD 1,685.70 an ounce in the Comex division of the NYMEX late Friday.In a similar fashion, December contract silver lost 87 cents to USD 31.01.Media agencies

Friday, November 25, 2011

Growth of MSME Sector NE States

The growth rate achieved in the North Eastern States in respect of the number of units, employment and production in registered MSME sector is 5.96%, 20.69% and 48.76%, respectively from 2001-02 (the Third Census) to the fourth census (with reference year 2006-07) for which the data was collected till 2009 and the results published in 2011.

Micro and Small Enterprises of North Eastern Region (NER) are encouraged to showcase their products by participating in exhibitions organized anywhere in the country.

The Government programme to understand the nature and problems related to the entrepreneurial growth include all States. However, to promote the Micro, Small and Medium Enterprises (MSME) sector in the North Eastern Region of the country, the Government has stipulated that 10% of the outlay would be earmarked for that region. In addition, there is special dispensation for NER states in schemes such as Credit Guarantee Scheme, Micro and Small Enterprises - Cluster Development Programme, Scheme for National Exhibition and Prime Minister’s Employment Generation Programme.

This information was given by the Union Cabinet Minister for Micro, Small and Medium Enterprises, Shri Virbhadra Singh in a written reply to a question in the Lok Sabha today.

Wednesday, November 23, 2011

Egypt presidential polls by June 2012


Amid protesters mounting pressure to speed up transition to civilian rule, Egypt's embattled military rulers said that presidential polls will be held by end of June 2012, as they accepted the resignation of the Essam Sharaf cabinet, following a bloody protest that claimed 35 lives.
The pledge was announced by presidential hopeful Mohammed Salim al-Awaa after a meeting with the ruling generals.
It marks the biggest concession by the military leadership since anti-government protests began this weekend, mushrooming into a national revolt, which has claimed over 35 lives.
Field Marshal Hussein Tantawi, who took power when Hosni Mubarak was ousted, said in a TV address that he had accepted the cabinet's resignation.
He said that crucial legislative polls which he said would be held on schedule. He set the latest time for electing a president at the 30 of June 2012 adding that elections are to go ahead as planned.
Tantawi accepted the resignation of the cabinet headed by Essam Sharaf but said it will stay in power until a new government is formed. He fell short of naming the new prime minister or which forces will be represented in it.
Tantawi vehemently denied Supreme Council of Armed Forces (SCAF) or the army was interested in power adding that they repeatedly promised they will hand over power to an elected authority. He said accusations it of being collaborators with the former regime were categorically rejected.
Finally he said the SCAF does not intend to step down unless a referendum was conducted for people to vote on them leaving.

Tuesday, November 22, 2011

Both houses of Parliament adjourned for the day

Both houses of Parliament adjourned for the day  

Both houses of the Parliament have been adjourned for the day on the first day of the Winter Session. 
While Lok Sabha was adjourned at 12 PM as the proceedings began after the first adjournment, opposition members started creating ruckus and started to troops to the well of the house.

Railways Minister Dinesh Trivedi stood up to make a statement on the Jharkhand Train Fire tragedy but nothing could be heard in the ruckus. Failing to restore order speaker adjourned the house till Wednesday.

Earlier when the proceedings began at 11 AM the newly elected members Kuldeep Bishnoi took oath.It was followed by obituary reference to the deceased members and also the recent natural disasters and tragedies.Soon after the SP members started raising the issue of partition of Uttar Pradesh while the BJP members also started creating ruckus and trooped to the well of the house.
Following which the house was adjourned till 12 PM.

12th India-Bangladesh Home Secretary Level talks Conclude

The Two Sides Reiterate Commitment to Strengthen Co-Operation in Border Related Issues
The 12th meeting of the Home Secretaries between India and Bangladesh was concluded at New Delhi today. The Indian delegation was led by Mr. R.K. Singh, Union Home Secretary while the Bangladesh delegation was led by Mr. Monzur Hossain. The two sides issued a joint statement at the conclusion of the talks. Following is the text of the joint statement:

“Highlighting the fact that both India and Bangladesh attach highest importance to their bilateral relations, both leaders reiterated their commitment to further expand and strengthen mutual cooperation in the security and border related issues. Appreciating the existing level of cooperation and action taken to address the menace of terrorism and extremism in a more effective manner by both the countries, both Home Secretaries reaffirm their commitment not to allow the territory of either country to use for any activity inimical to each other’s interests.

Noting that continuous enhanced interaction at various fora including at the highest level between the two countries have proved beneficial in resolving the various long pending issues, it was agreed that current level of engagement between the two countries need to be further consolidated for mutual benefits.

Both sides agreed to operationalise Mutual Legal Assistance Treaty (MLAT), Transfer of Sentenced Persons (TSP), Agreement on Combating Organized Crime and Illegal Drug Trafficking which were signed during the visit of Hon’ble Prime Minister of Bangladesh to India in January 2010 and to implement the Coordinated Border Management Plan (CBMP) signed during the visit of Hon’ble Minister of Home Affairs of India to Bangladesh in July 2011. Similarly, both sides agreed that Extradition Treaty, under consideration by both the Governments, may be finalized at an early date.

Bangladesh side sought assistance of Indian side in tracking, apprehending and handing over of the killers of the Father of the Nation of Bangladesh Bangabandhu Sheikh Mujibur Rahman. Indian side assured of extending all possible cooperation and sought additional information in this regard.

The two Home Secretaries reviewed the functioning of the nodal points for sharing of information on security related matters and expressed their satisfaction in this regard. Both sides reaffirmed their resolve to take immediate action on the basis of real time and actionable information through nodal points of the two countries.

Both sides agreed to develop mechanisms to further hasten the process of verification of nationality status of prisoners lodged in jails of either country, particularly of those who have completed their sentence, to enable their early repatriation. Both sides agreed to provide consular access for expediting verification of nationality of the persons lodged in jails. In order to further intensify people to people contact, both sides agreed to discuss visa related issues in the next meeting of the Revised Travel Agreement, which would be held soon.

The meeting noted with appreciation the firing incidence has considerably reduced along the international border. Both sides agreed that utmost restraint would be exercised to avoid human casualty.

Indian side appreciated the cooperation extended by Bangladesh side to prevent smuggling of Fake Indian Currency Notes (FICN) into India. Both sides agreed to further enhance level of cooperation and vigilance in this regard. Both sides also discussed the urgency of stopping the smuggling of narcotics and psychotropic substances.

Both sides seriously took into cognizance the menace of human trafficking, particularly women and children along Indo-Bangladesh border. Both sides agreed that the two Task Forces under the respective Ministries need to meet on a regular basis for better coordination aiming to combating this social menace.

Both sides agreed to enhance cooperation in capacity building of Police and other law enforcement agencies. Bangladesh side welcomed the offer made by the Indian side for training of police personnel and capacity building of police forces.

Both sides agreed that the next Home Secretary level Talks would be held in Dhaka, the date of which would be decided through diplomatic channels.”

Monday, November 21, 2011

Myanmar Quake intensity of 5.9 in the Richter Scale

Quake intensity of 5.9 in the Richter Scale rocked the Northeastern region at around 8.47 am on Monday morning. There is no report of any major damaged due to the earthquake which has its epicenter somewhere in Myanmar, according to initial information received.

Quake rattle felt throughout the region including bordering states of Nagaland, Manipur and Arunachal. The quake created brief panic among residents of high-rise complexes in Guwahati though there was no damaged to any of the buildings due to the impact of the quake.

The quake occurred on India's border with Burma on Monday morning,its affect of mild tremors in Kolkata  and  areas of north Bengal.Its rattle were felt at Bangladesh.

Sukhram sentenced to 5 years jail

Sukhram sentenced to 5 years jail
Former Telecom Min Sukhram was awarded five years imprisonment by a Delhi Court after being convicted of taking Rs three lakhs as bribe to give a lucrative contract to a private firm in 1996.
Special CBI Judge R P Pandey on Saturday also imposed a fine of Rs four lakh on 86-year-old Sukhram, who held the Telecom portfolio in P V Narasimha Rao's Cabinet.
The CBI prosecutor said Sukhram will be taken into custody and sent to jail to serve the punishment as the sentence exceeded a three-year jail term and convicts in these cases are not granted statutory bail.
Sukhram was held guilty on Friday under various provisions of the Prevention of Corruption Act and the Indian Penal Code (IPC).
Various offences under which he has been convicted entail a maximum sentence of 7 years jail term.
Sukhram was held guilty for misusing his official position during his tenure as Telecom Minister in award of contract worth Rs 30 crore to private firm Haryana Telecom Limited (HTL) to supply 3.5 Lakh Conductor Kilometers (LCKM) of Polythene Insulated Jelly Filled (PIJF) cables to the telecom department.
Arguing on the quantum of sentence, Sukhram's counsel pleaded that his client is an 86-year-old person and attending the trial for the past 12 to 13 years.
The defence lawyer has sought leniency for his client saying Sukhram is suffering from age-related ailments and has also lost his wife.
The prosecutor, however, termed Sukhram as a "habitual offender" saying he has been sentenced in two other cases also and thus deserved no leniency.
"We should not forget that he was an MP and a minister and has betrayed the confidence of public at large," the prosecutor said.
CBI, in its chargesheet filed in 1998, had accused Sukhram of showing undue favour in awarding the cable supply contract to HTL.
Sukhram had been put on trial along with HTL chairman Devinder Singh Choudhary who died during the trial.
In 2009, Sukhram had been held guilty of possessing disproportionate assets worth Rs 4.25 crore.
In 2002, Sukhram was awarded a three-year jail term under the Prevention of Corruption Act in a separate case relating to equipment supply that resulted in a loss of Rs 1.66 crore to the state exchequer.
He had allegedly provided undue benefits to Rama Rao, Managing Director of Hyderabad-based Advance Radio Masts.
A seven-time MLA and three time MP, Sukh Ram was expelled from the Congress at a time when his son Anil Sharma was a minister in Himachal Pradesh.
In 1997, he had floated Himachal Vikas Congress. He was inducted in the cabinet of BJP-HVC government led by Prem Kumar Dhumal on 24th March 1998, but had to resign when charges were framed against him in corruption cases.

Rs one crore fine for demanding capitation under proposed law

Rs one crore fine for demanding capitation under proposed law

The Govt on Wednesday approved amendments to a proposed bill to curb unfair practices in higher technical edu institutes which include raising to Rs one crore the fine for demanding capitation fee and provisions for grievance redressal mechanism.
The amendments to the Prohibition of Unfair Practices in Technical Educational Institutions, Medical Educational Institutions and Universities Bill, 2010 were given the nod by the Union Cabinet along with a change in the title of the Bill.
The Bill, which was introduced in Lok Sabha in March last year, was referred to the Parliament Standing Committee on HRD, which submitted its recommendations in May this year.
Sources said 41 recommendations of the committee were accepted while seven were rejected.
The accepted ones included raising penal provisions for charging capitation fee from Rs 50 lakh to Rs one crore, they said.
The bill would also have provisions for a grievance redressal mechanism and will also have scope for inclusion of any new type of unfair practice other than the specified ones after the passage of the bill.
Giving the bill more teeth, a new clause has been introduced prohibiting unqualified teachers from being engaged. Failure to meet any promise made in the prospectus would also be an offence.
As per Cabinet's decision, the title Technical Educational Institutions, Medical Educational Institutions and Universities Act, 2010 would be substituted by 'Higher Educational Institutions Act, 2011'.
The bill shall cover all higher educational institutions including medical institutes but not agriculture education and research as they are mostly state subjects, the sources said.
The bill comes in the wake of increased public concern about charging of capitation fee and donations by higher education institutions including medical colleges.
"Several students would stand to benefit by enactment of the legislation to curb unfair practices in admission and other areas of higher educational institutions, who are exposed to the prevalence of distortions in the admission process leading to harassment and extortion of students for admission," said a government release.
The unfair practices include demanding or paying capitation fee, admitting students without specified merit criteria, not issuing receipt for any fee charged by the institution, publishing advertisement misleading students, and withholding degree to compel a student to pay a fee.Media agencies

Saturday, November 19, 2011

CBI rush registers case in spectrum allocation of NDA regime

CBI rush registers  case in spectrum allocation of NDA regime

The CBI today carried out searches at the Vodafone office in Mumbai and Airtel office in Gurgaon after registering a case against former Telecom Secretary Shyamal Ghosh and the two telecom service providers for alleged irregularities in spectrum allocation during tenure of Pramod Mahajan as Telecom Minister.

Official media quoting official sources reports, besides Ghosh, the case was registered against former Director of Bharat Sanchar Nigam Limited J R Gupta.

Immediately after registering the case, CBI teams conducted searches at the official premises of Vodafone in Mumbai, Airtel in Gurgaon and residences of Ghosh and Gupta.

The CBI had registered a preliminary inquiry to look into the allocation of spectrum under Mahajan to certain companies beyond the prescribed limit.

The CBI alleged in its FIR that Department of Telecom had increased the base spectrum for telecom companies from 4.4 MhZ to 6.2 MhZ during Mahajan's tenure from 2001 to 2003 and also allocated extra spectrum on subscriber-based criteria.The agency has already filed a case with regard to alleged conspiracy in the Aircel-Maxis deal during the tenure of the then Telecom Minister Dayanidhi Maran.Media agencies

Friday, November 18, 2011

PM to visit Russia on 16th December


Prime Minister Manmohan Singh will arrive Moscow on 16th December to attend the annual Indo-Russian summit.

The announcement was made by External Affairs Minister S M Krishna, who arrived in Moscow on Thursday on a three-day visit to finalize political and economic agenda of the summit.
Krishna met his Russian counterpart Sergei Lavrov and is understood to have discussed key regional and global issues including the situation in Afghanistan, West Asia and Syria.
Krishna and Lavrov are also expected to finalize the draft of joint political document to be issued after Singh's last Kremlin summit talks with his Russian host Dmitry Medvedev, who will be demitting his office in early May 2012 after next March's presidential polls.

Thursday, November 17, 2011

Domino’s Global CEO visits India to mark 400th store milestone!


Domino’s Global CEO visits India to mark 400th store milestone!
New Delhi, November 17, 2011:  Domino’s Pizza the Pizza Delivery Expert and market leader in organized pizza home delivery segment (source: The Food Franchising Report 2009) announced crossing of 400 store milestone in India (in last quarter), with visit of Mr. Patrick Doyle, President & CEO Domino’s Pizza Inc., to mark the milestone. Domino’s Pizza India has witnessed unprecedented pace of growth in Food Service category, with the addition of over 100 stores in just 15 months since Mr. Patrick’s last visit to India. This is the highest number of store openings in such a short time span outside of the U.S. Jubilant FoodWorks Limited also has the unique distinction of being the fastest growing franchisee of Domino’s Pizza globally.
Other records that validate Domino’s outstanding performance in India include the store at Noida being rated as one of the busiest Domino’s store in the world and the Indian operations clocking the highest same store growth globally in the Domino’s network. In the last one year Domino’s Pizza has not only aggressively expanded its footprint , but has been focused on  winning more customer hearts across India through its tasty Pizza offerings, unmatched delivery promise and warm customer service approach.  
Commenting on the remarkable performance in India Mr. Patrick Doyle, President & CEO Domino’s Pizza Inc said, “The India operations are doing very well!   My most recent visit to India was last year to celebrate the 300th store launch and it makes me immensely happy to come to India again to mark the crossing of the 400th store milestone in just over 15th months.  The success of Domino’s in India is the result of the dedication and efforts of the passionate team. The amazing   growth of Domino’s India has set new records for us globally, which will certainly inspire other countries to emulate the India story “

“Our performance as an organisation is already reflected in our financial performance in the last few quarters. Currently there are 411 Domino’s stores in India and plans are afoot to expand the brand’s footprint further into the Indian heartland. If all goes as per our plan to add atleast 80 stores annually, we should be opening our 500th Domino’s Pizza store sometime next year.” added Mr. Shyam S Bhartia , Chairman & Mr. Hari S Bhartia , Co- Chairman, Jubilant FoodWorks Limited.
Mr. Ajay Kaul, CEO Jubilant FoodWorks Limited added “Our success stems from not merely growing the number of stores but more importantly on focusing on our customers.  Our growth is fuelled by customer’s love for our brand and our products. Domino’s is the market leader in Pizza category in Indian Food service industry and we intend to continue our efforts in making  our innovative products, reach every corner of the country and make the brand more appealing in terms of product and service.  With the addition of 100 stores in last 15-16 months, we are now amongst top 5 globally in the Domino’s network in terms of absolute number of stores.
About Domino’s Pizza
Domino’s Pizza was established in 1960 and currently operates in 65 countries.  The brand has 9064 outlets worldwide.  There are 411 Domino’s Pizza stores in India (as of 30th September 2011) and it is the leading Food Services brand in the country. Domino’s delivery promise of 30 mins or free has been a USP of the brand which is unmatched and unrivalled in the region. It’s the unique combination of delicious taste, convenience and great value that has made Domino’s Pizza such a successful brand.  
The brand apart from the famous hot n piping pizzas has a wide range of delicious food items in its menu -   like lip smacking Pastas in red & white sauce, Garlic bread, Chicken Wings and Choc Lava Cake, Butterscotch mousse cake etc.
About Jubilant FoodWorks Ltd
JFL was incorporated in 1995 and initiated operations in 1996. JFL is India’s largest and fastest growing food service company, with a network of 411 stores (as of 30 September, 2011). JFL & its subsidiary operates Domino’s Pizza brand with the exclusive rights for India, Nepal, Bangladesh and Sri Lanka. The Company is the market leader in the organized pizza market in India with over 50% market share and 70% share in the Pizza home delivery segment. The Company has now also strengthened its portfolio by entering into an alliance with Dunkin’ Donuts, for developing the Dunkin’ Donuts brand and operating restaurants in India.

Monday, November 14, 2011

Eurocrat Mario Monti next Premier of Italy




Italian Premier Silvio Berlusconi has resigned after parliament's lower chamber passed European-demanded reforms, ending a 17-year political era and setting in motion a transition aimed at bringing the country back from the brink of economic crisis.

A chorus of Handel's "Alleluia," performed by a few dozen singers and classical musicians, rang out in front of the president's palace as thousands of Italians poured into downtown Rome to rejoice at the end of Berlusconi's scandal-marred reign.
Hecklers shouted "Buffoon, Buffoon!" as Berlusconi's motorcade entered and exited the presidential palace, where he tendered his resignation to President Giorgio Napolitano on Saturday, the palace said in a statement.
Respected former European commissioner Mario Monti remained the top choice to try to steer the country out of its debt woes as the head of a transitional government, but Berlusconi's allies remained split over whether to support him.
Their opposition wasn't expected to scuttle Napolitano's plans to ask Monti to try to form an interim government as early as on Sunday, but it could make Monti's job more difficult.
Napolitano will hold consultations Sunday morning with all Italy's political forces.
The back-to-back, 10-minute meetings he has scheduled indicated the talks wouldn't drag on and that Monti would be nominated by the end of the day.
Late Saturday, Berlusconi's party said it would support Monti, albeit with conditions.
Berlusconi's resignation was set in motion after the Chamber of Deputies, with a vote on Saturday of 380-26 with two abstentions, approved economic reforms which include increasing the retirement age starting in 2026 but do nothing to open up Italy's inflexible labour market.

Saturday, November 12, 2011

Suu Kyi to stand in Myanmar by-election Yangon

The possibility of the NLD re-registering as a legal political party is high when about 106 members of the central committee of the National League for Democracy (NLD) from 13 states and regions will meet on November 18 in Rangoon to decide the issue.
Suu Kyi to stand in Myanmar by-election Yangon: Myanmar''s democracy icon Aung San Suu Kyi therefore may  contest a by-election in the coming months, a party spokesman said today, following a change to party registration laws.The reason the government amended the Political Party Registration Law and the reason the NLD is considering to re-register are likely related to the talks between President Thein Sein and Aung San Suu Kyi on August 19, 2011.

Ministry of Statistics reviews 20 Point Programme Secretaries of States and Union Territories

Ministry of Statistics and Programme Implementation reviews Twenty Point Programme with Secretaries of States and Union Territories A review meeting of Twenty Point Programme – 2006(TPP – 2006) was organised here today by the Ministry of Statistics and Programme Implementation with Secretaries of States/UTs and the concerned officers of Central Nodal Ministries. Shri Srikant Kumar Jena, Minister of State (I/C) for Statistics & Programme Implementation chaired the meeting.

The TPP Programme was launched in 1975 by late Prime Minister Smt. Indira Gandhi with the objective of poverty eradication and providing employment, education, housing, health etc. The TPP has been re-structured thrice since its inception, to fine tune it with the changes in programmes/schemes undertaken by Government over the years. The current TPP-2006 Programme continue to give thrust to poverty alleviation, employment generation in rural areas, housing, education, health & family welfare etc. Ministry of Statistics & Programme Implementation monitor the TPP on the basis of information collected from the States, UTs, Central Nodal Ministries and other concerned organisations. TPP-2006 presently consists of 65 monitorable items annually, out of which 19 items are monitored against pre-set targets and 15 items are monitored without targets on monthly basis.

Inaugurating the meeting, Shri S.K. Jena mentioned that the Twenty Point Programme has achieved many mile-stone leading to the socio-economic development specially for the weaker section of the society. He said that since the inception of the revised TPP programme in 2007, 1574.98 lakh job cards had been issued and 888.92 crores of man days of employment has been generated under MGNERGA. He further mentioned that similarly under Swaranjayanti Gram Swarojgar Yojana, 28.90 lakhs individuals got assistance and 7.51 lakhs Self Help Groups were provided income generating activities. He said that to help the farmers 9.9 crore Kisan Credit Cards has been issued under Kisan Mitra Programme. He also sid that to mitigate the poverty, 339.94 lakh tonne food grains has been distributed under PDS to BPL families. In order to improve health parameters 3.87 lakh slipped back habitations/ habitations with water quality problems has been addressed under Accelerated Rural Water Supply Programme and 486.51 lakh individual household latrines has been constructed in rural areas under Sanitation Programmes.

The Minister expressed satisfaction that TPP has also been successful in bringing social and community development through various programme like Pradhan Mantri Gram Sadak Yojana which resulted in construction of additional 2.08 lakh Km of rural roads. Similarly now 99% of the rural population has a primary school within 1 km as a result of Sarva Shiksha Abhiyan. In order to generate employment, Skill training has been provided to 1.83 lakh Urban Poor people for employment. Similarly 9.84 lakh urban Poor Families has been assisted under Seven Point Charter. Being environment conscious, Government has brought 65, 61,043 hectare of public and forest land under tree plantation He also mentioned that 98,176 villages have been electrified under Rajiv Gandhi Grameen Vidyutikaran Yojana.

The Minister while emphasizing the importance of Twenty Point Programme, stressed the need for a more focussed implementation and monitoring, so that the full expected benefits reach the poor in the remotest areas of the country. He requested the Central Nodal Ministries to follow a Bottom-Ups approach in the fixation of targets so that the targets are more relevant to the requirements and fund the target accordingly. He also asked the Central Nodal Ministries to provide all support to States and Union Territories which may be lagging behind.

Expressing his concern over delayed performance reports from States and Union Territories and variation in the information received from the state with that received from central nodal ministries, the Minister appealed to all State Nodal Departments to have proper coordination with their line Departments, who are implementing various Schemes. The Minister requested the states to give their opinion on central Government maintaining a Single Portal for uploading the information on achievements against TPP parameters. The Minister observed that for better implementation, the Central Nodal Ministries and State Governments should give wide publicity to the TPP schemes and the provisions contained therein. The Minister also emphasized that the Monitoring Committees required under TPP may be urgently constituted at all the three levels and they should meet regularly.

Secretary, MOSPI Shri T.C.A. Anant suggested that States should be forthcoming in discussing their concerns and problems with the nodal Ministries in order to improve their performance under TPP-2006. A power point presentation on the occasion highlighting the achievements and concerns under TPP was also made by Additional Secretary, MOSPI. The representatives from some of the States/UTs and Central Ministries shared their experiences and provided valuable inputs for improving the performance of TPP.

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Thursday, November 10, 2011

Guru Nanak Jayanti being celebrated

Guru Nanak Jayanti being celebrated

Guru Nanak Jayanti, the birth anniversary of first Sikh Guru is being celebrated throughout the country today. It was on this day in 1469 AD that Guru Nanak was born at Nankana Saheb now in Pakistan.

Gurudwaras have been tastefully decorated for the occasion and will serve Langar or a community meal to all.

President, Vice President and Prime Minister have greeted the nation on occasion.

In her message President Pratibha Devi Singh Patil has said that people should strive to practice the revered Guru’s noble teachings in our daily lives and strengthen the bonds of unity and oneness in the society.

In his message Vice President Md. Hamid Ansari has said that the divine teachings of Guru Nanak Devji contain the message of peace, harmony and righteousness.

Wednesday, November 9, 2011

No assurance on roll back of fuel prices by PM says TNC


Trinamool Congress says that no assurance was given by the Prime Minister on the roll back of petrol price hike. Trinamool leader, Sudeep Bandyopadhyay was talking to reporters in New Delhi after its MPs met the Prime Minister to discuss the price hike issue.

Sudeep said that the Prime Minister explained them the reasons for the hike in petrol prices, mainly its rise in the international market. He said that the party gave a memorandum to the Prime Minister seeking withdrawal of price hike.

He further said the party told the Prime Minister that it will oppose any hike in the prices of Kerosene and Diesel in near future.The Trinamool leader said that Dr. Singh told them that he was not aware of any such move.
He said they also called for better co-ordination among the UPA allies on all important issues.

In Kolkata, the West Bengal Chief Minister and Trinamool Supremo, Ms. Mamta Banerjee met the Finance Minister, Mr. Pranab Mukherjee.Finance Minister of West Bengal, Amit Mitra was also present in the meeting.

Talking to reporters after the meting, West Bengal Chief Minister said that her party will oppose any rise in the prices of petroleum products.

Tuesday, November 8, 2011

Swiss vocational skill plan to train One million youth in India

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Swiss vocational skill plan to train One million youth in India


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2011-11-08 05:20:17 - New Delhi:Nksagar-Sagar Media Inc.
SkillSonics Pvt Ltd is o move the project seamlessly from the pilot to a self sutainable model.SkillSoncs has entered into separate exclusive cooperation agreements with SWISSMEM and SFIVET,essentially to adapt the course ware and training available to all companies in India in the engineering sector from 2012


Industry participation is critical as companies stand to be the main beneficiaries of the program by having their factories manned by the people trained and certified to Swiss standards.This shall lead to productivity increaess which in turn enhances companies global competitiveness.

With successful completion of the Swiss industry driven 3 year pilot project 209-2011 to implement the reputed swiss dual track model of vocational education and training in India,the project partners are now gearing up to skill one million youth in India to Swiss skills standards by the year 2022.Swiss Ambassador to India said this initiative is taken in the backdrop of Friendship treat.

On 14 August 1948, India and Switzerland signed a Treaty of Friendship. He said "To commemorate 60
years of friendship and mutual progress, it was decided that a variety of projects would be carried out in the fields of culture, science, technology,development, education, economics and politics." Introducing the Swiss dual-track VET system in selected locations in India will also be considered within this context. The Swiss-Indian VET initiative was launched by the Federal Office for Professional Education and Technology (OPET) together with the Swiss-Indian Chamber of Commerce (SICC).

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Sunday, November 6, 2011

RBI softens FDI rules to attract global investors



Government efforts to softens its red taps for   global investors, as Reserve Bank of India, RBI, has said that transfer of shares between Indians and non-residents will not require its permission in several key areas like financial services.

Amending the Foreign Exchange Management Regulations, the RBI said that its prior permission would not be necessary where the company, whose shares are being transferred, is engaged in any financial service.

The liberalisation would help the entire financial services sector, including the non-banking finance companies.

Besides, the RBI permission has also been done away with for transfer of shares between residents and non-residents in cases where the Foreign Investment Approval Board, FIPB, has already given its clearances and the SEBI guidelines have been adhered to. However, it was made clear that the transactions will have to comply with the SEBI regulations, FDI sectoral caps, and the pricing guidelines as specified by RBI.

Although FDI inflows during April-August have gone up by 95 per cent to 17.37 billion US dollars, the government and the Reserve Bank are keen to maintain robust foreign exchange reserves in the wake of volatility in the stock market leading to outflows by institutional investors.

The country has foreign exchange reserves of 318 billion dollars. Overseas investments by Indian companies in September were 3.46 billion dollars.

US Nuclear Regulatory Commission to visit India t


Team from US Nuclear Regulatory Commission will visit India to discuss the safe operation of nuclear power plants. In a statement released in New Delhi, US Embassy said that the team will be led by Chairman Gregory B Jaczko, will hold meetings with Atomic Energy Regulatory Board.

It also said that the visit aims to exchange information and share experience on safety standards of nuclear power plants. Ahead of the visit, Jaczko said that US looks forward to the continuation and advancement of the long-term relationships with India in the area of nuclear safety. The five day visit will begin on 14th of this month from New Delhi.Media agencies

Friday, November 4, 2011

52nd Subroto Cup Kickstarts

52nd Subroto Cup Kickstarts Today The 52nd Subroto Cup, an annual football tournament organised by the Indian Air Force kickstarted at Dr. Ambedkar Stadium today. The tournament considered to be one of the most popular for children in the soccer world, was inaugurated by Air Marshal JN Burma, Air Officer-in-Charge Administration.

The inaugural match was played U-14 category between teams from NCC (West Bengal and Sikkim) and Sainik School, Imphal. The tournament spread over 22 days from 04 November to 25 November, will see for the first time ever, Girls teams’ participation. The U-14 category matches are from 04 November to 16 November, U-17 category Girls from 07 November to 22 November and U-17 Boys from 11 November to 25 November. The matches will be played at Dr. Ambedkar Stadium, New Wellingdon Camp, Race Course and sports grounds of Vasant Valley School, Vasant Kunj and Modern School. The final matches and closing ceremony is scheduled to be held at Dr. Ambedkar Stadium.

Organised under the aegis of Air Force Sports Control Board, Subroto Cup Tournament conducted by Subroto Mukherjee Sports Education Society, formed in 1960 is a unique tournament wherein only Champion School Teams from States and Union Territory of India participate selected from 20,000 school competing at preliminary level to reach the final stages.

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