Adc 19 august 2013

Regd. No. MH/MR/South-160/2012-14 RNI Regn. No. 43675/1985 MUMBAI MONDAY, AUGUST 19, 2013 32 PAGES `3 Website: www.afternoondc.in

Aft er oo

BLESSEDPOTHOLE! DESPATCH & COURIER

Gold: `31,470 Silver: `51,485 US Dollar: `61.71 Temperature: 300C/260C Humidity: 79%

Business&Investment Pg13-20

Robbers fleeing with silver worth Rs.18 lakh fall into police custody after hitting pothole near check-post in Vasai

DITCHED: These robbers, like everybody else, failed to make it past a pothole-ridden road and got caught.

By Suresh Golani

W

hile everyone has been complaining about potholes, a huge one located on a pockmarked road in Vasai proved to be a blessing in disguise for

the police. The driver of an SUV in which a gang of miscreants were trying to flee after committing a theft, lost control over the vehicle after hitting a huge pothole close to a police check-post in the Wakanpada area of Valiv vil-

lage, leading to their arrest.

According to the police, the night patrol team stationed at the check-post spotted an over over-speeding Tavera jeep which lost control after Continued on pg 8 «

May you find love, Shiva Azad Shrivastav | ADC

By Vishnudas Sheshrao

F

inally, after five days of coaxing, Mumbai’s celebrated bachelor, Shiva, the one-horned Indian rhino of the Byculla zoo, was in a lorry Continued on pg 8 «

SSC countdown see pg 12 BON VOYAGE: After spending three decades in the Byculla Zoo, 34-yearold Shiva has left for Delhi in search of a mate.

MUMBHAI Vikas Sabnis

MU gets Harvard-style virtual classrooms

02

Afternoon Despatch & Courier

CITY

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MUMBAI | MONDAY, AUGUST 19, 2013

By Yatin Ingle

OPINIONS

Do you think the Students’ Council should involve political parties in college campus polls?

Neha Shinde PR executive No, it will be dangerous for students, since chances are it will invite corruption and bloodshed.

Gauree More Media student No, college elections will get too risky for students and involve more of party politics.

Shreedhar Chavan Businessman No way, more than college elections, it will be a game of party politics for local politicos and gangsters.

Abha Dhole Law student I don’t think so, since with political parties messing into campus polls will be an open invitation to violence.

Hardik Tanna Interior designer No, it might create a platform for the students by involving political parties, but at the same time it will be too risky!

Readers wishing to participate in ‘Opinions’ may send us their name, day-time telephone number with a passport-size photograph to letters@afternoondc.in Your Subject line must be: opinion

W

Governor K. Sankaranarayanan, CM Prithviraj Chavan and other dignitaries listen to the inaugural address by ViceChancellor Rajan Welukar, at the Kalina campus, on Saturday.

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enhance the quality of research in our university and other varsities in the state”. Vice-chancellor Dr Rajan Welukar said, “Vice-chancellor of various varsities often complain the shortage of teachers in colleges and universities. Through the virtual classrooms we can connect students for the lectures from the best of faculties can be relayed to students sitting in say Gadchiroli, Gondia or Kolhapur”.

Extra Ex xxtttra rra

Concentrate

LIJJA AT AD. AGENCY

8811/SLL Eng.

Malhar concludes with ‘Zara Hatke’ Three days of festivities came to a close amidst smiles and cheers at the St. Xavier’s campus

By Yatin Ingle

S

t. Xavier’s College’s annual fest completed its 37th year on Sunday. ‘Malhar’, which commenced on August 15 this year, concluded its three-day run on August 17. As it does every year, the fest started with a ‘Conclave’ event in which eminent speakers from various industries interacted and shared their knowledge with the college students. Debates, talk shows and interactive sessions marked Malhar. Siddharth Vardharajan, Dipankar Gupta, Dr. Ramchandra Guha, Devdutt Patnaik, Vinod K. Jose and the likes of such made the Malhar Conclave happening.

The festival, with the theme of being ‘Zara Hatke’, was adorned with creative and out-of-the-box designs with its workforce of around 1,200 students. The fest this year had more than 75 events in Xavierites dance to ‘Zara Hatke’ theme during the concluding session of Malhar on Saturday.

VASTU TIP OF THE DAY

Azad Shrivastav | ADC

Patients suffering from malnutrition from rural areas are in the General Ward and the ‘netaji’ suffering from indigestion following a 5-star dinner is in the VIP Ward!

ith the generation stepping ahead in technology and gadgets, it has been noticed that students have also worn in the shoes to study with through the gadgets. Notebooks already being replaced by smart phones, Ipads, and internet, the University of Mumbai (MU) has now stepped ahead to introduce learning through the virtual classrooms.

At the Kalina Campus, Governor K. Sankaranarayanan along with Chief Minister Prithviraj Chavan, Minister of State for Higher and Technical Education D.P. Sawant and Vice-Chancellor Rajan Welukar, inaugurated the Harvard-style virtual classrooms for students.

The virtual classroom has features like audio-video conferencing, webinar, wed conferencing, digital writing, High Definition cameras and internet connectivity.

These virtual classroom will be used for conducting high profile seminars, conferences, workshops, high end academic courses, training programmes and creating opening and creating open education resources along with running open and distance education programs. The main purpose of the virtual room is to facilitate the best faculty to the students, anywhere at anytime through internet.

Governor K. Sankaranarayanan said “I do strongly feel that the virtual classroom should be utilized to

fields such as sports, drama, art, literature and music. More than 63 colleges from Mumbai and 11 outstation colleges had participated in fest. It saw a footfall of over 50 thousand students with massive crowds coming in for the ‘Amnites’ and band events. ‘Street Dance’, the fest’s signature event, rocked with all the participants dancing to various hip-hop tunes. This year witnessed glamorous faces on the judging panels too. The fest also came up with an event called ‘Chakachak’, which brought together students from around 15 colleges to clean up Dadar Chowpatty and collected 1,239 kgs of waste.

Judges like Malaika Arora Khan, Marzi Pestonji, Earl Edgar, Faizal Queresi, Shilpa Rao, Randeep Hooda, Vivek Oberoi, Ritesh Deshmukh, and Aftab Shivdasani were some of the judges for the events. The fest ended, as it began, on a joyous accord.

To improve the sales, stick three coins tied with red ribbon on sales file or invoice book or order book.

by Dr. Prem Gupta (9820045774/9930318119, www.drpremgupta.com)

The people have a right to know

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MUMBAI | MONDAY, AUGUST 19, 2013

By Prashant Hamine

W

hat has prompted the PRAJA Foundation to come out with a Report Card on elected representatives

In 1997-98, PRAJA Foundation was the first organization that worked with the BMC, and became its consultant for bringing out the citizens’ charter. The idea was to set up a grievance redressal system which was gradually handed over to the civic administration. Governance issues should be looked at as a dialogue between administration and the people. During our survey we found out that there is a trust deficit between the elected representatives and the people.

Despite the 26/11 terror attacks which took place in South Mumbai, the voting percentage actually dropped.

Our reports have focused on issues like education, crime, civic issues and health. The data has been gleaned from the Right To Information (RTI) applications filed. We send elected representatives to control the administration. However, in our system, the executive wing, that is the elected representatives, are accountable only once in five years.

There is no accountability of their performance during that period. Voting in elections has largely been based on the There Is No Alternative (TINA) factor or else results are swayed by public sentiments. We at PRAJA thought about making this exercise a regular annual feature. The elected representatives and political parties need to have a positive outlook towards the report.

You have based your survey on a sample size of just 25,000 respondents. Don’t you think it is too small for a city like Mumbai?

No. We have based our survey on the 60:40 ratio. Sixty per cent on the role of elected representatives as enshrined in our Constitution and 40 per cent on public perception. We have based our survey on the accessibility and performance of the elected representatives. The sample size of 25,000 respondents cuts across the city and sections of society. The sample size and norms have been validated by the Media Research Users Council (MRUC). In cases of opinion polls, the sample size is based on 225 respondents taken across 10 to 12 cities. The sample size is selected properly more or less. Error factor is counted into it.

But in the past it has been found that, often, such surveys and opinion polls have gone way off the mark.

You see, there is a difference between opinion polls and sample surveys. The sample survey is based on data whereas opinion polls are based on few sets of questions. In the case of opinion polls, the questions are like who is your MLA, what has he or she done for you and are you going to vote for him. In the opinion polls, the voter bias comes in the way of free and frank opinion. In our case, in the MLAs

INTERVIEW

03

A management graduate from Mumbai University, Milind Mhaske (32) tried his hand at the civil services. Around 2010, he got involved in a project related to BMC schools in which Nitai Mehta’s PRAJA Foundation too was involved, and thus got hooked on to the Foundation’s activities. A voracious reader, it was Mhaske’s passion for history and politics that led him to get associated with the Foundation from then on.

His passion and penchant for number crunching led to his taking up the project of preparing “Mumbai Report Card,” a rating of performances of MLAs and BMC Corporators, keeping in mind the Constitutional role and responsibility of elected representatives and the opinion of their electorate.

them. The rate of convictions is going down. It is a reflection on the government. In the case of constituencies in North Central Mumbai, from our RTI queries we found out that crime rate had gone up. However, the elected representatives here have asked the least number of questions on crime matters. They are not asking the questions they should. We hold the police accountable for law and order.

The elected representatives are being sent by the people to keep a check on the administration. Ask them the questions, don’t just go and blindly vote for them. Governance is after all a dialogue between citizens, elected representatives and the government.

Rating, besides the criteria of 40 per cent public perception, weightage is given to the data obtained through RTI. For us, the key words are “comprehensive and objective rating of the elected representative’s performance.”

Is there perceptible change in public perception in the cross-section of society towards elected representatives?

In our report card, we have based the aspect of public perception on factors like the performance of the elected representatives, his work in relation to socio-economic aspects. Say in terms of roads and drinking water supply, the perception about the poor and the average middleclass hugely varies. A poor person may be happy with the road to his locality and water in his tap arranged by his elected representative. However, a middle-class person is generally unhappy over the quality of tap water and will not mind buying a mineral water bottle instead. The people, by and large, feel governance is lacking. The aspirations of the people cannot be matched by the elected representatives.

What does your ranking of the MLAs reveal on issue of governance?

The first ranking MLA in our list has actually garnered 73 per cent. In fact, none of them have got percentages above 80. That is why Mumbai is what it is today, in shambles.

Even the topper is not the best. It is a relative ranking. The top rankers are nowhere near the acceptable global standards.

What has been the feedback of the people on issues of governance?

In our survey on the issue of crime, health and civic matters, in respect of crime, when asked about how many women felt the city to be safe, twenty-five per cent of the women respondents did not feel the city to be safe for Pics: Azad Shrivastav | ADC

Afternoon Despatch & Courier

Do you foresee any impact of your report in future elections?

There is general apathy amongst the people. One cannot blame the people for it. Public awareness needs to be created. Social networking platforms are creating unbiased views. In future, these platforms will be strong. The Arab Spring has been the product of social media. The BJP has a strong social media platform. The Congress now is trying to make its presence felt in the social media. I do not see immediate impact of the social media in the 2014 elections, maybe it will be felt in the 2017 BMC elections.

What is your view on the recent Supreme Court verdict on convicted legislators?

The verdict is a very pertinent one. The Right to vote is more paramount. Probity in public life is supreme. I cannot have a law maker who is under a cloud of suspicion. Even if the law makers want to circumvent the Supreme Court verdict, they will have to amend the Constitution. They cannot take people for granted. In our democracy, it is the people and the Constitution which are supreme.

The youth seem to be indifferent towards politics, yet they form a sizeable part of the vote bank.

We have the data now, but we have not broken it down to that level. We at PRAJA have started the PRAJA Katta in colleges, where students are given a platform to air their views.

People need forums to air their views and find solutions.

The youth are certainly not laid back, and have their own views on issues and politics. Only thing is that the forum till now was missing.

04 CHANGE OF NAME We father Mr Salim Zakaria Sabuwala & Mrs Hafiza Salim Sabuwala have changed the name of our minor daughter from Salma Salim Sabunwala to Salma Salim Sabuwala as per Affidavit dated: 14/08/2013.

C-13415 I have changed my name from Hafisa Salim Saboowala to Hafiza Salim Saboowala as per Affidavit dated: 14/08/2013.

C-13416 I have changed my name from Hafiza Salim Sabunwala to Hafiza Salim Sabuwala as per Affidavit dated: 14/08/2013.

C-13417 I have changed my name from Hardik Navin Mistri to Hardik Navin Mistry as per Affidavit No:HP 94709 dated 26 July 2013.

C-13418 I have changed my name from Hajra Arif to Hazra Arif as per Affidavit.

C-13419 I have changed my name from Meera Yadavrao Hatwar to Minaxi Mohandas Nirwan as per Affidavit dated 14th August, 2013.

C-13420 I have changed my name from Dattatray Kisan Bele to Dattaram Kisan Bele as per deed poll Affidavit dated 16.08.2013.

C-13421 I have changed my name from Usha Datatray Bele to Sunita Dattaram Bele as per deed poll Affidavit dated 16.08.2013 C-13422 I have changed my name from Balasaheb Ganpatrao Shende to Balasaheb Ganapat Shende as per deed poll Affidavit.

C-13423 I Mr. Jeetendrakumar Tarachand Jain have changed my name to Jeetendra Tarachand Jain as per deed poll Affidavit dated : 16/08/13.

C-13424 I Mr. Rajkannu Rayappan have changed my name to Mr. Rajkannu Rayappan Shetty as per deed poll Affidavit dated : 16/08/13.

C-13425 I Vaibhav Jagdish Sonwane have changed my name to Vaibhav Jagdish Shimpi as per deed poll Affidavit dated : 17/08/13.

C-13426 I Ujwala Jagdish Sonwane have changed my name to Ujwala Jagdish Shimpi as per deed poll Affidavit dated : 17/08/13.

C-13427 I Jagdish Vishwanath Sonwane have changed my name to Jagdish Vishwanath Shimpi as per deed poll Affidavit dated : 17/08/13.

C-13428

Afternoon Despatch & Courier

CLASSIFIEDS I Kamal Mahadeo Kandalgaonkar have changed my name to Shraddha Haridas Paradkar as per deed poll Affidavit dated : 17/08/13.

C-13429 I Samidh Dineshbhai Talsania have changed my name to Samidh Dinesh Talsania as per deed poll Affidavit dated : 12/08/13 C-13430 I Mansiben have changed my name to Mansi Sunil Shah as per deed poll Affidavit dated : 17/08/13.

C-13431 I Chinmay Nagesh Prabhu have changed my name to Chinmay Sandeep Narwankar as per deed poll Affidavit dated : 18/07/13.

C-13432 I Pradipkumar Mohanlal Damania have changed my name to Pradip Mohanlal Damania as per deed poll Affidavit dated : 17/08/13.

C-13433 I Deepkumar Mukesh Vora have changed my name to Deep Mukesh Vora as per deed poll Affidavit dated : 16/08/13.

C-13434 I Anita Girdharbhai Rathod have changed my name to Preeti Gaurav Patil as per deed poll Affidavit dated : 16/08/13.

C-13435 I Almasben have changed my name to Almas Mahendi Maredia as per deed poll Affidavit dated : 16/08/13.

C-13436

I have changed my name from Laxhmi Kanta Polley to Laxmi Kanto Madan Mohan Polley as per Affidavit dated: 19 August 2013 C-13444 I have changed my name from Mr. Jastin Natto to Mr. Justin Fransis Netto as per Affidavit No. HU 819620 C-13445 I Jivan Prakash Ananda Shetty have changed my name to Jeevan Prakash Ananda Shetty as per Affidavit dated 8/8/2013.

C-13446 I have Changed my name from Ms. Vinita Chainani to Ms.Vinita Purswani as per Affidavit dated 19.03.2013.

C-13447 I have changed my name from Rajkumar Rambali, to ‘Rajkumar Rambali Jaiswar’ as per Maharashtra Govt. Gazette No. (X-16700) Dated: 26/07/2012.

C-13448 I have changed my name from Aziz Khan Gulkhan Pathan, to ‘Abdul Aziz Gulkhan Khan’ as per Maharashtra Govt. Gazette No. (X-22628) Dated: 12/02/2004.

C-13449 I, Abdul Aziz Khan have changed my Daughter’s name from Misbah Aziz Khan, to ‘Misbah Abdul Aziz Khan’ as per Maharashtra Govt. Gazette No. (X-59391) Dated: 02/12/2010.

C-13450

I Rakesh Kumar have changed my name to Mr. Rakesh Kumar Bind as per deed poll Affidavit dated : 16/08/13.

C-13437

I have changed my name from Rasal Praveen Madhukar to Rasal Pravin Madhukar as per Affidavit C-13451

I Mahendibhai Tajddinbhai Maredia have changed my name to Mehendi Tajddin Maredia as per deed poll Affidavit dated : 16/08/13.

C-13438

I have changed my name from Nirmalkumar Kundanmal Jain to Nirmal Kundanmal Jain as per Affidavit C-13452

I Janam Mayurbhai have changed my name to Janam Mayur Parikh as per deed poll Affidavit dated : 16/08/13.

C-13439 I Rasilaben Narendra Shah have changed my name to Darshana Narendra Shah as per deed poll Affidavit dated : 14/08/13.

C-13440 I have changed my name from Harsha Kirit Shah to Harshada Kirit Sha as per Affidavit dated : 14.08.2013 C-13441 I have changed my name from Ranjana Dilip Bedai to Ranjana Dilip Bediya as per Affidavit dated:17.08.2013 C-13442 I have changed my name from Deepa Dilip Bedia to Deepa Dilip Bediya as per Affidavit dated:17.08.2013 C-13443

I have changed my name from Jayantkumar Chunnilal Majithia to Jayantilal Chunilal Thakkar as per Affidavit C-13453 I have changed my name from Anvar Abdulla Sayad to Anwar Abdulla Sayed as per Affidavit C-13454 I have changed my name from Mehaboob Sayad to Mehboob Sayyed as per Affidavit C-13455

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MUMBAI | MONDAY, AUGUST 19, 2013 I have changed my name from Mrs. Ramila Navnitrai Bhutta to Mrs. Ramila Navnitrai Bhuta as per Affidavit C-13458 I have changed my name from Abdul Gani Ahmed Sumra to Abdul Gani Ahmed Chaki as per Govt. Gazetted No.X-43525 C-13459 I have changed my name from Muhammed Owais Sumra to Muhammed Owais Chaki as per Govt. Gazetted No.X-43526 C-13460 I have changed my name from Bhaskara Neelaya Poojary to Bhaskar Neelaya Poojary as per Affidavit C-13461 I have changed my name from Ekveera Sudhir Dhoke to Priyanka Pramod Naik as per Affidavit C-13462 I have changed my name from Hormuz Aspandiar Sarfabadi to Hormuz Aspy Sarfabadi as per Affidavit C-13463 I have changed my name from Mukeshbhai Shivaji Bhanushali to Mukesh Shivaji Bhanushali as per Affidavit C-13464 I have changed my name from Pawankumar Mishra to Pawan Mishra as per Affidavit C-13465 I have changed my name from Riteshkumar Ramanlal Mahyavanshi to Ritesh Raman Mahyavanshi as per Affidavit C-13466 I have changed my name from Ramanlal Mahyavanshi to Raman Mahyavanshi as per Affidavit C-13467

I have changed my name from Raju Rama Kambale to Raju Rama Kamble as per Affidavit C-13474 I have changed my name from Savan Gopal Singh to Sohan Gopal Rawat as per Affidavit C-13475 I have changed my name from Rupa Vasu Pujari to Rupa Vasu Poojari as per Affidavit C-13476 I have changed my name from Jawaharlal Rijhumal to Jawaharlal Rijhumal Mansukhani as per Affidavit.

C-13477 I have changed my name from Jawahar Rijhumal Mansukhani to Jawaharlal Rijhumal Mansukhani as per Affidavit.

C-13478 I have changed my name from Shamya to Shamya Udayakumar as per Affidavit.

C-13479 I have changed my name from Sudhir Kumar to Sudhir Haresh as per Affidavit.

C-13480 I have changed my name from Harilal Kanji to Haresh Patel as per Affidavit.

C-13481 I have changed my name from Manjula Ben to Manjula Patel as per Affidavit.

C-13482 I have changed my name from Budha Bhudev Maity to Budhadev Bhudev Maity as per Affidavit.

C-13483 I have changed my name from Mrs.Kauslyabai Omprakash Dhanak to Mrs.Kauslyabai Omprakash Rajput as per deed poll Affidavit 17/08//2013.

C-13484

I have changed my name from Sureshchandra Phulchand Vishwakarma to Suresh Phulchand Vishwakarma as per Affidavit C-13468

I have changed my name from Naina Vishnu Alshi to Rohini Rajaram Mhatre as per Affidavit.

C-13485

I have changed my name from Marimuthu Malaikannu to Marimuthu Malaikannu Kombar as per Affidavit C-13469

I have changed my name from Mary Lazarus Dsouza to Mary Louiza Lazarus Dsouza as per Affidavit.

C-13486

I have changed my name from Jayantha Poojary to Jayant Poojary as per Affidavit C-13470

I have changed my name from Vinaay Venkatesh to Vinay Venkatesh as per Affidavit.

C-13487

I have changed my name from Amitkumar Mohanlal Sharma to Amit Mohanlal Sharma as per Affidavit C-13471

I have changed my name from Santoshkumari Laxminarayan Muthabatula to Santosh Sannu Baptist as per Affidavit.

C-13491 I have changed my name from Dayalal Lallubhai Panchal to Dahyalal Lallubhai Panchal as per Affidavit.

C-13492 I have changed my name from Geeta Dayalal Panchal to Geetaben Dahyalal Panchal as per Affidavit.

C-13493 I have changed my name from Vijaykumar Dayalal Panchal to Vijay Dahyalal Panchal as per Affidavit.

C-13494 I have changed my name from Momin Saif Abbas to Saif Abbas Ansari as per Affidavit.

C-13495 I have changed my name from Sayyed Sarfraz to Sayyed Sarfaraz Husain as per Affidavit.

C-13496 I have changed my name from Muzaffer Husein Mohamed Naqvi Sayyed to Husain Mohamed Naqvi Sayyed as per Affidavit.

C-13497 I have changed my name from Mohmod Akib Abdul Latif Shaikh to Mohdakib Abdul Latif Shaikh as per Affidavit.

C-13498 I have changed my name from Aslam Shaikh to Mohammed Aslam Shaikh as per Affidavit.

C-13499 I have changed my name from Mohamod Rezka Habiburrahman to Mohammad Raza Habiburrehman Shaikh as per affidavit dated 14-8-2013.

C-13500

CLASSIFIED REGULAR Rs. 150/- for 25 words, Rs. 6/- each extra word

CLASSIFIED BOLD Rs. 12/- per word

CLASSIFIED DISPLAY Rs.100/ - per Sq.cm

I have changed my name from Sutana Nizamuddin Tamankar to Sultana Nizamuddin Tamankar as per Affidavit.

C-13488

I have changed my name from Mr. Ajaykumar Navnitrai Bhutta to Mr. Ajay Navnitrai Bhuta as per Affidavit.

C-13456

I have changed my name from Shreekumar Arkat to Srikumar Arkat as per Affidavit C-13472

I have changed my name from Nizamuddin Abdulla to Nizamuddin Abdullah Tamankar as per Affidavit.

C-13489

I have changed my name from Mr. Navnitrai Shantilal Bhutta to Mr.Navnitrai Shantilal Bhuta as per Affidavit.

C-13457

I have changed my name from Santosh Yashwant Deshmukh to Santosh Vishwanath Deshmukh as per Affidavit C-13473

I have changed my name from Sultana Nizamuddin to Sultana Nizamuddin Tamankar as per Affidavit.

C-13490

DESPATCH & COURIER

Janmabhoomi Bhavan, 3rd Floor, Janmabhoomi Marg, Fort, Mumbai 400 001

TEL: 40768999 FAX: 40768916

Courier Publications Pvt Ltd does not subscribe in whole or part of the views expressed or claims made in any Advertisements carried in this newspaper. The views expressed or claims made in the Advertisements either classified, classified display or display are the sole responsibility of the Advertisers. Further, the Management, Publisher, Printer and Editor of Afternoon Despatch & Courier do not take any responsibility for the contents of all Advertisements, Articles and letters appearing in the paper.

Afternoon Despatch & Courier

MUMBAI | MONDAY, AUGUST 19, 2013

You would think that the Congress would have more respect for the common man’s ability to remember.

A season for tears IT is one essential commodity that has once again threateningly become a political commodity. It brings tears to the eyes of the cook, skilled and unskilled. Once again, the humble onion is ready to set the political stage on fire

Sharad Pawar practically on the eve of the elections. In the past it has had the potential to oust governments from power. The BJP - led NDA had a taste of

05

CITY

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its bitterness in the 2004 Lok Sabha elections when the skyrocketing prices of onions led to people voting the government out! That same scenario seems upon us again.

Maharashtra alone accounts for nearly 40 percent of the national onion production. In the past three years, we have suffered drought.

This year we have the problem of torrential rains. The azrea under cultivation is also shrinking, all of which has affected crop yield. One would have thought that the Congress government, both at the Centre and the state, would have taken note of all these factors. Instead, with the Lok Sabha elections fast approaching, the Congress has petitioned Chief Minister Prithviraj Chavan to probe whether there is any hoarding of the commodity that is causing the price rise.

Developing Hurdles SIMHASAN Prashant Hamine | ADC Not a single political party seems to be in the mood to take steps to arrest the price rise, thus impacting the common man directly. Instead, the Nashik-Ahmednagar onion growing belt being more dominated by the NCP and NCP chief Sharad Pawar being the Union Agriculture Minister, the Congress concentrates upon to hitting out at the NCP, to hurt it where it shows most, electorally. As for the BJP-Shiv Sena combine, despite the onion dish being served to it on a platter, in

INFRASTRUCTURE development and giving it top priority sans politicking has never been our hallmark. It is little wonder then, that on issues like potholes and malnutrition reaching the doorsteps of the courts, the predictable blame game begins. It is a matter of shame that even after six decades of Independence, it is still possible to find cases of malnutrition

spite being in a well-knit opposition, nothing is being done to exploit the situation.

So we are seeing feeble attempts to take a position on vegetable prices in the vegetable outlets being opened by the Congress controlled Agriculture and Cooperation ministries in the state. Has this had an impact upon prices? Of course not! The onion saga rolls on and the only people crying are the ones who willo have the power of voting in their hands next year.

Rajendra Singh

in Dharavi and Jawhar in neighbouring Thane district, where tribals still run for cover at the sight of a vehicle and still crave for a decent meal and drinking water. So much so for the development and technological strides of which we have been so proudly boasting.

With a plethora of different government agencies poking their fingers into the development pie of Mumbai, it is but natural to expect potholes on the roads and inevitable delays in completing infrastructure projects. It is the classic case of too many cooks spoiling the broth. Noted water expert Rajendra Singh had aptly put it in declaring that our country, schemes are more contractor driven rather than people oriented.

That pretty much explains to you why there is corruption in the system and potholes on the roads. With elections fast approaching, the government is finding it difficult to Continued on pg 6

AUCTION OF ASTAGURU

A

sta Guru an online house set up in 2008 by the chairman of SAFSET Group Mr. Vickram Sethi, will be hosting its tenth auction on Tuesday 20th and Wednesday 21st August 2013. The Auction consists of 93 exclusive works of art by Indian artists, and many mastersincluding artworks by M.F.Husain, S.H.Raza, F.N.Souza, Anjoile Ela Menon, and numerous more.

The bid of the same for these works of arts starts at 20,000 INR with no reserve price which means, you could get a S.H Raza or a Husain at any price.

The lots of this auction can be seen at astaguru.com. buyers who are interested in making a bid for the painting can fill up the registration form on AstaGuru website. For novice buyers’ background check will be made and bank letters will be required in order to receive access to bid.

The Indian art market has seen an upswing in the masters over the last few months and there is a lot of interest from collectors living in India and many others living abroad to participate and bid in this upcoming auction. In order to bid one can view the terms and condition of the auction house, register online and request the auction house to activate

Sale Upto

50% Off

st at 11am ts on 20th Augu The auction star luded on the 21th August and shall be conc Closing time for specific at 7.30pm I.S.T. tioned online. lots are men No. of Painti 93

th

th

16 aug to 05 sep

ngs

Auction Date 13u gust 20 20th and 21st Au om site astaguru.c Auction Web ition Venue Auction Exhib bhash Marg, Kala 6, K Du ICIA House, 22/2 .C. Ghia Hall, Mumbai M to Ghoda, Next

bidding access. Once the screening process has taken place and the account is activated, the bidder can bid online on the 20th and 21st of August 2013.

Alaknanda Building, Shop No:11 #16-A, Nepeansea Road, Mumbai-36 Ph:022 23642992 E-mail:mumbai@sundarisilks.com www.sundarisilks.com

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Afternoon Despatch & Courier

CITY

www.afternoondc.in

MUMBAI | MONDAY, AUGUST 19, 2013

Verbal volleyball

N OT I C E

By Prashant Hamine

E

ven though the 2014 Lok Sabha elections are drawing closer, the seat sharing talks between the ruling Congress-NCP alliance in the state have degenerated into a war of words. According to Congress sources, the state leadership is not in favor of ceding anymore Lok Sabha seats to its ally, the NCP. That was quickly countered by senior NCP leader and union minister for Heavy Industries Praful Patel, who

without naming any Congress leader, remarked that the final seat sharing talks would be held in New Delhi with the Congress top brass.

However, a senior state Congress leader on conditions of anonymity disclosed to ADC yesterday that the state Congress unit was not in favor of altering the existing formula of 26 seats for the Congress and 22 for the NCP. He argued that in the 2004 elections, the Congress had conceded 6 Lok Sabha seats and 17 Assembly seats to the NCP. While in the 2009 gen-

Continued from pg 5 « get major infrastructure projects like the Mumbai Trans Harbour Link (MTHL) off the ground even after four decades. Why has everything to be election oriented rather than people oriented?

Election Blues ELECTIONS interest us only once in five years; that is the time when they really come

e-TENDER NOTICE The Commissioner of Municipal Corporation of Greater Mumbai invites e-Tenders for various works from the government registered contractors, who are also registered as ‘MCGM Vendor’; Bidder should also give Rs. 1 lack performance guarantee for the details of 12 number of Tenders of estimated amount Rs. 13225201.60 respective tender documents and process of e-Tendering, please visit www.mcgm.gov.in.

Sd/Public Relations Officer PRO/612/ADV/2013 Fever? Act now, see your doctor for correct & complete treatment

PUBLIC NOTICE

NOTICE is hereby given to the General Public that my client Mr. MUSHTAQ ABUBAKER SAYED residing at 79/1, Kambekar st, Mumbai- 400003 are negotiating for purchase of the immovable property viz. a building popularly known as "Dilbar Manzil' bearing C.S.No. 262 of Byculla Division admeasuring 308 sq. meters situated at the junction of Dimtikar Road and the First Peerkhan street. under Eward No. E-3262-63 and street Nos. 154 to 162 and 9-11, Dimtikar Road and First Peerkhan street, respectively from MRS. DILBARJAAN HAKIMKHAN, without prejudice to the rights and contentions of the above named Owner. .

ALL persons having any legitimate and/or lawful right, title, interest, claim or demand to and/or in and/or upon the said property or any part thereof by way of Sale, Exchange. Mortgage. Gift. Trust, Inheritance, possession, easement, lease, lien, assignment, maintenance, decree, attachment or otherwise howsoever should intimate the same to me as their Advocates in writing within 15 days of the Publication of this Public Notice at the address appearing herein below.

In the event no claim or demand as above is received within the said stipulated time herein above, it shall be presumed that there is no outstanding claim or demand in or upon the said property and accordingly our clients shall proceed to conclude the negotiations and execute the necessary documents with the aforesaid Owners in respect of the said properly and any claim . right, title, interest or demand of any one not intimated to us. as aforesaid shall be deemed to have been waived, abandoned given up and released.

SCHEDULE OF PROPERTY ALL THAT piece and parcel of land or ground, previously of permanent Fazandari tenure but now of government tenure together with the messuages, tenement or dwelling house standing thereon, situate lying and being at the junction of Dimtikar Road and the First Peerkhan street in the Registration District and sub-district of Mumbaiand Mumbai Suburban containing by admeasurement 368 sq.yards i.e.

308 sq.mtrs or thereabout and registered and Registered in the books of the Collector of Land Revenue under Cadastral Survey No. 262 of the Byculla Division, bearing New survey No 3692 and in the Books of the Assessors and collector of Municipal Rates and Taxes under under E- ward No. E-3262-63 and street Nos. 154 to 162 and 9-11. Dimtikar Road and First Peerkhan street respectively and bounded as follows . That is to say : On or towards the East by the property of Karimbhai Abdulhussein. On or towards the West by the First Peerkhan street and On or towards the North by the Dimtikar Road On or towards the South by the Vacant land belonging to Bombay Municipal Corporation. .

Sd/ROHIT VYAS Advocate Shop No 12 & 13, Ground Floor, Diamond Mansion, 366/68, Kalbadevi Road, Dr. Viegas Street,Mumbai-400 002.

Dated this day of 19th August, 2013.

Subramaniyam Swamy pestering us for our valuable votes. Till then for the rest of the four years we spend cursing the venerable elected representatives.

PRAJA Foundation and NGOs like it have been constantly drilling it in the minds of the electorate that their job is not to cast their ballot once in five years and forget it later. The electorate needs to question their elected representatives and hold them accountable for the quality of governance and services throughout the term that they are mandated to serve.

Hence it is equally important not to allow the political parties to run riot with issues like Student Council elections in colleges and universities, thereby polluting the ultimate goal of these academic institutions, that is education and not political indoctrination. Educational campuses are not places where you go scouting for potential leaders, instead they are places where corporates

PUBLIC NOTICE This is to give notice to the General Public that my Client is intending to purchase Flat No 203, on 2nd Floor, Hilla Apartments Co-operative Housing Society Limited 53-A, Hill Road, Bandra (West), Mumbai-400 050,admeasuring 450 sq. Ft Carpet area, bearing CST No. A/762,in Village Bandra, Taluka Andheri, (hereinafter referred to as “the said Flat”) more particularly described in the schedule hereunder written.

Any person having right, title, interest, claim, demand, objection of whatsoever nature in upon or against the said Flat No.203, in the form of ownership, possession, gift, exchange, inheritance, decree, tenancy, lease, lien, mortgage, easement, release, charge through any agreements, conveyance deeds, writings, undertakings or in any other way, may inform in person the undersigned as the Advocate for my said client at Shop No 25-26, Shastri Nagar, Municipal Market, Opp. Kala Mandir Theatre, Bandra (East), Mumbai - 400 051, Telephone No - 26456368, within 15 days of publication of this notice failing which said transaction will be completed without taking cognizance of the same considering the same being waived and my client shall not be responsible for the same.

THE SCHEDULE ABOVE REFERRED TO All that piece and parcel of Flat No. 203, on 2nd Floor, Hilla Apartments Co-operative Housing Society Limited. 53-A, Hill Road, Bandra (West), Mumbai - 400050, admeasuring 450 sq. Ft. Carpet area, bearing CST No. A/762, in Village Bandra, Taluka Andheri, in the Registration District of Mumbai City and Mumbai Suburban.

Dated this 19th day of August,2013 Sd/Mr. M. K Shaikh Advocate High Court.

Instead of sharing seats, Cong and NCP get into war of words

eral elections the Congress had released one Lok Sabha seat to the NCP. Patel, on the other hand, was quick to point it out to the Congress that the NCP has been its most trusted ally right from the day the United Progressive Alliance (UPA) was put together. He also sought to remind critics that seat sharing talks did not mean that the UPA-II was gearing up for early polls. On the other hand, the Congress has been quick to point out that ever since the 1999 general and assembly elections,

the NCP graph of electoral success has shown a steady decline.

Another plausible reason for the Congress to be skeptical of its electoral ally is the rumour about NCP chief Sharad Pawar eyeing the Prime Minister’s post just in case the Congress falls short of 130 seats in the 2014 Lok Sabha elections. Sources added that the NCP chief is amenable to the idea just in case the Congress falls short of the magical number and the Left parties improve their tally.

should be going hunting for the best talents available.

As general elections draw closer, expect a full blown epidemic of political somersaults which have already begun with erstwhile Janata Party leader Dr Subramaniyam Swamy leading the way, embracing the BJP fold.

Splitting rival camps is another political game being played and amply demonstrated by the NCP severing the clan of BJPs Gopinath Munde. But what is more alarming are the moves of the government to circumvent the Supreme Court debarring tainted elected representatives from the poll fray. Now with the SC itself agreeing to review its own judgment, the onus is now on the electorate to clean up the mess and say no to criminalisation and vote bank politics.

jalebees to follow as dessert. It was nearing the end of the feasting and the catering staff was busy asking the guests whether they wanted anything more to be served.

One of the catering staff, loaded with a full plate of jalebees was doing his last round of the pandal asking one and all whether they wanted to have the irresistible sweet offering. Everyone declined, content with what they had had. Then just as the man was about to enter the kitchen again, a loud call came from the back, “Come here”.

It was none other than the irrepressible Gadkari himself.

He was directed to lay the whole dish down. Needless to

Foodie HE is one eternal foodie that everyone in the political circles is quite familiar with. So much so that when the issue began “weigh”-ing him down, he really began controlling his much-famed sweet tooth.

Those were the days when he was not even in the national limelight. At one of the party’s state plenary sessions at Jalgaon, Nitin Gadkari did not mind throwing all cautions to the wind literally. Everyone was having a hearty lunch with

Nitin Gadkari say, there was one contented Gadkari and an empty dish a while later. Of course this was before better sense prevailed.

Today, Gadkari may not be slim, but neither does he display the rather alarming proportions of yesteryear.

No. A.E. (S.W.M.)/721649564/M/E/Dt. 17-08-2013

e-TENDER NOTICE The Municipal Commissioner of Greater Mumbai invites online tender for the following work on “Item Rate Basis” from the eligible bidders. The Bid Start Date & Time and Bid End Date & Time is specified in the detailed tender notice on MCGM’s website under Tender section.

“Providing temporary lighting arrangement along with D.G. generator set on hire basis at Trombay jetty for Ganpati festival 2013 in M/East ward”.

The intending tenderers shall visit the Municipal website at http://portal.mcgm.gov.in for further details of the tender.

The tender documents will not be issued or received by post.

Sd/Asst. Commissioner M/E Ward PRO/614/ADV/2013 Fever? Act now, see your doctor for correct & complete treatment

Sixth body found

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, AUGUST 19, 2013

CITY

07

Divers bring up one more body from submarine INS Sindhurakshak, even as intense search continues

By A Staff Reporter

O

n the fourth day of rigorous effort, the Indian Navy brought up the sixth body from the forward control room of INS Sindhurakshak, that sank after explosions on board the vessel reportedly while loading torpedoes prior to a new assignment, towards the midnight of August 14. Indian Navy said that it had succeeded in cutting into the hatches of the front compartment and getting access into the ill-fated submarine.

Samples of bones and other body parts found in the submerged vessel were sent to the Central Forensic Laboratory (CFL), Kalina for DNA finger printing. To make the DNA matches, samples have also been taken from the relatives of the personnel and sent to CFL Kalina.

Sharad Rao climbs down on fare hike demand, but insists on auto strike from Aug 22

By Prashant Hamine

A

fter having faced flak for demanding a hiked minimum fare of Rs.25 for autorickshaws in the state, NCP leader and Auto-Taximens Union leader, Sharad Rao, yesterday retracted his statement. The climb-down was a fallout of the decision of the Konkan Region Auto-Taximens Mahasangh to withdraw from the proposed three day auto-taxi strike slated from August 22.

The trade union leader now argues that he has demanded a minimum hike of Rs.17 and added that the proposed three-day statewide strike will happen as planned.

Rao held a meeting of Auto-Taximens unions in Thane yesterday which was attended by union leaders from Mumbai, Thane, Navi Mumbai, Kalyan-Dombivli, Bhiwandi, Ratnagiri and Sindhudurg. Mumbai BJP unit president and MLC Adv Ashish Shelar too has, in a letter to Chief Minister Prithviraj Chavan, urged him to intervene in the matter in view of the fast approaching festive season. The strike, he said, would put people and the visitors to the city to great hardship.

Meanwhile, the state BJP unit is planning to move the Bombay High Court over the issue of the fare hike and the proposed strike.

Night shelters under scanner

By Suresh Golani

N

ight shelters in the Mira Bhayandar region are once again under the scanner of law enforcers, after a small-time telefilm producer from Gujarat, Ashok Bhagwandas Mewada (40), committed suicide at one such shelter located in Kashigaon in Mira Road on Friday.

A native of Palanpur in Gujarat, Mewada was a civil engineer who, after incurring huge losses in the construction industry, aspired to make his debut as producer of Bollywood films.

He had invested all his savings to produce a mythological telefilm titled Patita Pavan. However, the film bombed and Mewada was reduced to penury, prompting him to take the extreme step. Investigations revealed

CLOSE THIS SLEAZY PLACE

By Suresh Golani

T

he Anti-Human Trafficking Cell of the Thane (rural) police, led by API Atul Aher, is contemplating closure of the lodge where a sex racket was busted on the eve of Independence Day. Following specific information provided by members of NGO, Rehab, about prostitution activities being run from a bar-cum-lodge on BP Road area of Bhayandar (East), a police team,

that Mewada was staying at the night shelter for the past three months.

It should be noted that following the direction of the Supreme Court in 2011, the MBMC had started five night shelters in the region. Although these shelters are temporary accommodation arrangements operated by NGOs to provide night-stay facilities to the homeless, it has been alleged that due the non-existence of a scrutiny system, anti-social elements have been taking refuge in such shelters.

Recently, a BJP corporator had demanded the immediate shifting of one such night shelter operating in the Talao Road area of Bhayandar (East), and there have been reports of police carrying out raids after receiving tipoffs regarding the presence of criminals in night shelters. comprising of Abba Choudhary, Sandip Chaskar and others, swooped down on Sai Sagar Lodge and rescued eight women, including a minor girl.

The police arrested four employees of the lodge, who doubled up as pimps, including the cashier Shankar Das (52) and three room-boys identified as Umesh Yadav (23), Kapil Ravidas (29) and Prithvi Gaud (19). Apart from registering an offence under relevant sections of the IPC, the police have also invoked sections 3, 4, 5, 6(2a) and 7 of the stringent Prevention of Immoral Trafficking Act (PITA), 1956.

08 CITY BLESSED POTHOLE! A police officer displaying the recovered silver.

PUTTING CRIME INTO A BOX

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, AUGUST 19, 2013

By Kaptan Mali

C

Continued from pg 1 « hitting a huge pothole as it was nearing their post at about 3:30 am on Sunday.

Sensing something fishy, the police personnel immediately lowered the barricades and rushed to the vehicle. After carrying out a search, the cops found three bags stuffed with 35 kilograms of silver ornaments worth Rs.18 lakh. All the six occupants of the jeep, including the driver, were taken into custody. Investigations revealed that the accused had burgled a silver ornaments manufacturing unit in Nalasopara (West) and were headed to their native village in Rajasthan. The accused have been identified as Jaganath Devra, Sajan Dasana, Bhagwatsingh Rajput, Raju Meghwan, Sohan Rajput and Premsingh Rajput. “Jaganatah and Sajjan, who worked as artisans at the unit, had planned the crime with the help of their accomplices,” said investigating officer, API Ramdas Vakode.

May you find love, Shiva Continued from pg 1 « on Sunday evening, en route to Delhi, lodged in his specially fabricated cage. His caretakers and medical staff had very mixed feelings while bidding him farewell. Shiva himself had been very nervous and reluctant to go in spite of constant efforts to lure him into the special cage.

After spending more than three decades in his 10x 15 ft cage in the Byculla zoo, Shiva is all set to reach Delhi on Tuesday August 21. Dr Sanjay Tripathi, who has been looking after the rhino, said, “If all things go well, there is hope for a junior Shiva. We are sad though to say goodbye to this lovely animal who spent three decades with us.”

The Brihanmumbai Municipal Corporation (BMC)

had been searching far and wide for a female companion for Shiva, and had scoured almost all states, including Assam, West Bengal, Karnataka and Tamil Nadu.

The search even went global, when talks were on with a European country for an eligible female to pair off with Shiva.

On March 1985, Shiva was brought to Mumbai from Assam and for unknown reasons, refused to bond with any female, though 76 attempts were made to provide him with a mate. It is reported that the New Delhi zoo will be sending a few pairs of swamp deer in exchange for Shiva. In the new plan for a refurbished zoo, there is no space for a rhino, so coming generations will have to travel out of Mumbai to see a rhino.

onsidering the increase in criminal activities and the hesitation among residents to approach cops, the Manpada police in Dombivli have started putting up complaint boxes at several locations where residents can drop in their complaints.

The Dombivli and Kalyan areas have seen many cases of crime like daylight murders, chain-snatching, molestation, etc, in the recent past. However, according to the police, citizens hesitate or fear approaching them due to various reasons and hence the police don't get information in time to avert or prevent such crimes.

The main aim of the initiative is to motivate the general public to inform the police about crimes or suspicious

By Suresh Golani

A

fter finding place in the list of top-4 beneficiaries to bag a Rs.10 crore aid package from the World Bank (WB) to enhance its public transport utility, the Mira Bhayandar Municipal Transport (MBMT) is now hopeful of strengthening its existing fleet with funding under the

Jawaharlal Nehru National Urban Renewal Mission (JNNURM) transition phase 2013-14.

The MBMT has prepared a Rs.40 crore-Detailed Project Report, which is all set to be tabled before the Ministry of Urban Development (MoUD) seeking funds under the JNNURM. Under its Global Environ-

activities in their areas. The general public fear being targeted or harmed by miscreants or criminals if they approach the police, but with the complaint boxes, they don't need to give their names, while the police will be in a position to control criminal activities in the area.

Rajan Ghule, Assistant Police Commissionor Dombivli region said, "We have started this initiative from the Manpada police station jurisdiction first, and have installed such complaint boxes at four places. We are awaiting the people’s response and accordingly we will adopt the same in other areas also."

Ghule further said that the complaint boxes will be checked every alernate day and the complaints will be read by the senior police inspector who will take appropriate action on the complaints.

DROP BOXES THAT MAY ENSURE A DROP IN CRIME: The Manpada police (Dombivli) have placed complaint boxes at four locations in their jurisdiction.

TAKING FOR A RIDE? Spurred by Rs.10 crore WB aid, MBMT prepares Rs.40 crore plan to enhance bus services ment Facility (GEF) project, the WB is all set to extend financial assistance to the MBMT, with a Rs.10 crore grant to support detailed planning, designing, capacity building and up-gradation of its public transport system.

However, the civic body wants to create substantial infrastructure to meet its growing transportation needs by procuring new buses, constructing bus depots and workshops with central assistance.

“The proposal includes procuring 70 buses (including mini and air-conditioned) and creating infrastructure to expand MBMT’s reach. While many corporations are yet to prepare the proposal, we are ahead of our counterparts and are hopeful of being funded early,” said assistant municipal commissioner

Deepak Sawant.

In the current pattern of JNNURM funding availed by the transport utility, 50 and 20 per cent cost of bus purchase has been provided by the Central and State governments respectively, the remaining 30 per cent (to be paid by the MBMC) is borne by the private operator under the Net Cost PPP model adopted by the MBMC. Ulhasnagar-based Kestrel Infrastructure has inked a 10year Build-Own-Operateand-Transfer deal agreeing to pay a royalty of Rs.1 per km.

Presently, 55 buses run by a private operator ply on 28 different routes in and out of the twin-city.

Intelligent Transport System on the Anvil The MBMT has chalked out an elaborate plan to go hi-tech by introducing the Intelligent Transport System

(ITS) for bus commuters in the Mira Bhayandar region.

Designed to improve operational and managerial efficiency, the ITS includes Enhanced GPS services to monitor bus movement, LED display boards at bus stops to provide real time information, Smart Electronic Ticketing Systems, Public Information Systems and CCTV cameras inside buses.

“After a thorough and transparent evaluation process involving 16 participating cities, the twin-city of Mira Bhayandar, along with its Bhopal, Jaipur and Chandigarh counterparts, have been shortlisted for World Bank aid for their commitment to supporting sustainable transport development and the demonstration potential in terms of innovation and expertise, of which the ITS is an integral part,” said Sawant.

e-TENDER NOTICE The Commissioner of Municipal Corporation of Greater Mumbai invites e-Tenders for various works from the government registered contractors, who are also registered as ‘MCGM Vendor’; Bidder should also give Rs. 1 lack performance guarantee for the details of 3 number of Tenders of estimated amount Rs. 1758543.98 respective tender documents and process of e-Tendering, please visit www.mcgm.gov.in.

Sd/Public Relations Officer PRO/619/ADV/2013 Fever? Act now, see your doctor for correct & complete treatment

I LOVE MY INDIA: Displaying the spirit of patriotism on the occasion of the 67th Independence Day celebrations, students of St. Francis High School, Bhayandar (East), performed in a variety of cultural programmes in the presence of a large gathering of parents and students and actors like Mukesh Tiwari, Ananya Choudhary and Atishree Sarkar, who were the guests of honour.

Potholes: The casualty is your car!

Afternoon Despatch & Courier

CITY

www.afternoondc.in

MUMBAI | MONDAY, AUGUST 19, 2013

09

By Vishnudas Sheshrao

on the family.”

The Brihanmumbai Muf you love your car, don’t nicipal Corporation (BMC), drive it on Mumbai roads, which is responsible the at least for six months — maintenance of city roads, during monsoon and post has failed miserably on the monsoon — as the condition maintenance department. of roads will further deterio- Time and again, Shiv Sena rate the life of your vehicle. president Uddhav Thackeray Experts say the latest casualty consequently had to express of potholes is your vehicle, public apology for the fate of whose life may get reduced Mumbai roads.

As a fallout, BMC’s Standby at least 20 to 25 per cent.

However, auto industry and ing Committee chairman garages across the city have Rahul Shewale had to tender his resignation, however, that booming business!

“Tyres, suspension, shock ‘drama’ lasted for just hours observers and steering com- and no effect was seen on the ponents are first to get dam- condition of roads.

“As an excuse, every time, aged as your vehicle hits a pothole. Consequently, the civic officials have given new best of the best car turns to deadline for filling the potbe a piece of scrap in just 6 to holes,” said Sandeep Deshof Maharashtra 7 years due to ride through pande potholes on Mumbai roads,” Navnirman Sena (MNS). said Nitin Dossa, president of Even this week, a senior civic Vintage & Classic Car Club of official have given a final deadline of filling the potIndia (VCCCI).

He added, “A car that runs holes before August 26.

Mangala Chandran, editor on an average 50 km per day in the city, needs repair every of ‘TrafficInfra Tech Magaweek. Consequently, it is an zine’, which reports on roads technology, additional financial burden construction

I

POTHOLES ABOUND: It is not only carsthat suffer damage, motorists too get bedridden due to back injuries. road making and other infrastructural projects, said, “Modern cars are comparatively delicate and lightweight and designed for the softer ride. However, the potholes are getting bigger and deeper, every passing year and ultimately the end effect is on the life of your car.”

“Actually, I am afraid about human life expectancy rather than car’s life expectancy.”

She laughs. “My colleague was bedridden for a week due to a backache. I wonder what would be the condition of cars on city roads.” vishnudas.sheshrao@afternoondc.in

BJP hunt for LC nominee on

By Suyash Padate

W

ith an almost certain defeat in the upcoming elections, the state BJP is struggling to get a candidate for the by-election to the Legislative Council seat, which fell vacant after senior party leader Gopinath Munde’s estranged nephew resigned and joined the NCP. Now the BJP has decided to announce its nominee by August 23.

Dhananjay Munde, who was sulking in the saffron party on various issues finally deserted the party and tendered his resignation from Legislative Council membership last month. On the same day, he officially joined the Sharad Pawar-led party. The election to fill the vacant seat has been slated for September 2. After the announcement of a by-election, the BJP declared that it will field its

Dhananjay Munde, now in NCP. candidate. However, the party is still hunting for a nominee.

This seat will be elected from the members of the Assembly. As the ruling Congress-NCP has clear majority in the Assembly, a debacle of BJP is certain. Against this backdrop, no party worker is interested in contesting the

election.

When contacted, the leader of the opposition Vinod Tawade said, “We are in search of a suitable candidate. The BJP will contest an election. The last date for filing nominations is August 23 and we will announce our nominee before that”.

Dhananjay Munde wanted to contest the Parli Assembly seat in 2009 but his uncle Gopinath chose his daughter Pankaja Palve and sent his nephew to the upper house to mollify him. Parli in Marathwada region is part of the Beed Lok Sabha constituency which is represented by Gopinath Munde.

Significantly, while joining NCP, Dhananjay had stated that he would serve the party in whatever capacity he is asked to. Now he will quite possibly contest the election as a NCP nominee.

GEMS THAT ROCK: City’s noted Astrologer Ms. Nita Bheda inauguareted on exhibition of Entice diamond & jweelery on 15th August at Radio Club. The KGK group, established in 1905 by the Kothari family of Jaipur, is a global corporation with fully integrated operations in the Gems & Jewellery industry, registering its remarkable presence across the globe. With its perpetual endevor to offer new products & services to the world and with its massive international growth, KGK saw an opportunity to launch its own precious jewellery brand- Entice. Seen in the picture Hon Secretary of Radio Club Mr. Prakash Mirchandani, Entice Marketing Manager Mr. Nitin Pareek, City’s Environmentalist Dr. Mukund Aparajit.

10

Monster corruption has been with us all along

Afternoon Despatch & Courier

EDIT PAGE

DESPATCH & COURIER

Ponder awhile...

“Victory at all costs, victory in spite of all terror, victory however long and hard the road may be; for without victory, there is no survival.”

— Winston Churchill

Chance for getting P solid proof of Pak terror W

ITH the arrest of Abdul Karim Tunda, a Lashkar-e-Taiba operative, it should be possible to identify the terrorists in Pakistan who have been carrying on anti-India activities during the last two or three decades.

This man who is said to be involved, among others, in the Delhi and Mumbai terror mission, has close links with Pakistan’s prime terrorist Hafiz Saeed. He was caught on the Nepal border – evidently engaged in some anti-India operations. This terrorist had with him a Pakistan passport – which shows he has close connections with the terrorist outfit.

He is now under interrogation by the Delhi police. The police are likely to get useful information about antiIndia terror activities. He went to Pakistan and he was trained in terror operation by the spy agency – the ISI. Later, he came to India and forwarded terror cells.

The police have information he is connected with gangster Dawood Ibrahim. Chances are while rightly being subjected to painful torture, he may tell it all: From him, the police can get solid proof of Hafiz Saeed’s involvement in many of Pakistan’s terror activities in India.

It is a prize catch and the police have a chance containing the continuing terror threat from Pakistan. What is also important is the information that we are likely to get from him about India-based terrorists who are linked with terror in Pakistan.

Afternoon DESPATCH & COURIER

CAROL ANDRADE Editor

A.R. KANANGI Associate Editor

KAMAL MORARKA Chairman of the Board of Directors Afternoon Despatch & Courier office is located at: Janmabhoomi Bhavan, 3rd Floor, Janmabhoomi Marg, Fort, Mumbai-400 001. Phone: 40768999.

Fax: 40768916. E-mail: afternoonnews@gmail.com Printed by Shashikant Jadhav for Courier Publications Pvt. Ltd., at Journal Press, Free Press House, Free Press Journal Marg, 215, Nariman Point, Mumbai-400 021 and published by him from Janmabhoomi Bhavan, 3rd Floor, Janmabhoomi Marg, Fort, Mumbai-400 001.

Registered Office at: 98 Mittal Chambers, Nariman Point, Mumbai-400 021.

Vol. XXIX No. 125

RIME MINISTER Manmohan Singh’s trademark passivity on corruption may well stem from a deep understanding of the Congress culture. As a quiet but clued-in observer of the GOP, which out of the blue had catapulted him into the prime ministerial gaddi in May 2004, Singh may have cottoned on early to the fact that it is futile to fight corruption. For, it is at the very core of the party. Besides, all parties to a lesser or greater degree are seeped in corruption, the PM might have reasoned while justifying his do-nothing stance.

Admittedly, it would take a very bold politician, who is willing to risk his career, to cleanse the Augean stables of Indian politics. Recall the anguished words of Mahatma Gandhi on the conduct of the very first lot of Congress ministers after the formation of provincial governments under the 1935 Government of India Act. In a little over two years, they had become notorious for feathering their own nests.

A very angry Gandhi gave vent to his utter disdain for the Congress ministers in these words: “I would go to the length of giving the whole Congress a decent burial, rather than put up with the corruption that is rampant…”

Alas, there are no genuine Gandhis around to shepherd the polity out of the morass of corruption and decay it has fallen into thanks to the doings of the growing army of venal politicians. Money-making remains the goal; politics the most preferred route to achieve it.

We recall this small nugget from the Mahatma’s life and times because more than seven decades later it still rings true. The number of scams the Opposition raised this past week in parliament, and the dogged determination the ruling Congress bigwigs displayed in stonewalling discussion on any of them, underlines the fact that there has been no change in the party’s DNA from the late 30s to this day.

It continues to be the cheapest ticket to power and pelf for its privileged members.

Thanks to the venality of the early Congressmen whose misconduct had earned the wrath of the Mahatma, the virus of corruption has seeped deep into every facet of human life in this country. In the absence of rule of law, the corrupt and the criminal feel emboldened to indulge in illicit activities without let or hindrance since those empowered to penalize them are themselves on the take. For every Ashok Khemka and Durga Shakti Nagpal, there are thousands of Neera Yadavs who are willing to do the bidding of corrupt politicians for a share in the loot. For all practical purposes, we all are complicit in this growing culture of corruption.

Lest you believe that what Khemka has revealed is anything new, think back to the heyday of Congress socialism in the 60s and 70s. V. P Naik was Chief Minister of Maharashtra and Rajni Patel chief of the Bombay Congress. Between them, they forked out licenses to reclaim huge plots of land from under the Arabian Sea to make what now passes for as the business district of Nariman Point. Such was their talismanic powers that they could overnight turn a pauper into a billionaire.

The issue of a mere paper by the Naik Government empowering you to reclaim a three-acre plot from under the sea was enough for ambitious builders to pay you a huge premium. In fact, even the builder would be selected for you by the Naik-Patel duo. Thus, you see a number of towers bearing the double-barreled name of the said builders in Nariman Point.

The point is simple. The Congress has been playing around with public land for decades, converting it from agriculture to residential or

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MUMBAI | MONDAY, AUGUST 19, 2013

commercial; issuing acquisition notices under Section 4 and then allowing friendly land sharks and politicians to buy land at depressed prices and then allow that notice to lapse. Not many would recall that as the Lt. Governor of Delhi in the early 80s, the straight-as-a-reed Jagmohan had issued a Section 4 notice for acquiring a large chunk of area falling in South Delhi’s Chhattarpur-Mehrauli complex.

Overnight, the rich and the powerful ganged up against Jagmohan and had him transferred to the Goa Raj Bhawan. Predictably, the Section 4 notice lapsed but land speculators made a killing.

In sum, why get all het up about the get-richquick ways of the Johnny-come-lately into the Congress’s parlour. The party has been playing this game for decades. The only thing is that thanks to the presence of the 24x7 news television there is far more noise now than in the time of Nehru, Indira and Rajiv Gandhi. The print media was small and fearful of authority.

A recalcitrant paper could be easily tamed

from Allahabad whom Mahatma Gandhi renamed Feroze Gandhi after he married Indira Nehru.

The writer recalls how Feroze as a member of the Lok Sabha, elected from Rae Bareli in 1952 and 1957, had single-handedly exposed the Mundhra scandal, forcing his father-in-law and Prime Minister Nehru to set up a judicial probe under the Bombay High Court Chief Justice M C Chagla. It was duly established that Haridas Mundra had manipulated the LIC to buy shares in his little known companies. Later, he exposed how Ram Kishan Dalmia had misused bank and insurance funds to acquire Bennet Coleman and Company.

And then the anonymous writer goes on to lament that though crores are spent to mark the birth and death anniversaries of every member of the Nehru-Gandhi family, Feroze’s birth and death go unnoticed. Here is a suggestion. Arvind Kejriwal’s Aam Aadmi Party should adopt Feroze Gandhi as its guiding spirit and mark his coming birth anniversary on September 8th with a fitting tribute to his crusading zeal against corruption.

Cheap invective

C INSIDE STORY Virendra Kapoor since the owners were beholden to the ruling establishment not only for licenses and quotas but also for the allocation of the costly newsprint.

In a postscript we may add that the above is not a plea for the genuine reformers and the anti-corruption crusaders to get disheartened but only to warn them about the near-impossible task of altering the DNA of the political class. For, over the years it has become adept in betraying the very people in whose name it seeks to wield power.

Sharad Yadav to break with Nitish

H

ERE is tomorrow’s news today. Bihar Chief Minister Nitish Kumar is slowly but steadily cosying up to the Congress Party. Now that he has lost his sheen, a cornered Nitish is willing to tie up with the Congress if Bihar is given special status.

A dispirited Congress will rush to do so sooner than later in order to find some relevance in Bihar.

While Nitish can count on the bulk of the JD(U) MLAs going along with him when he aligns with the Congress, a number of party MPs, led by Sharad Yadav, will resist tooth and nail such an alliance. Yadav, a life-long Lohiaite, wasn’t too happy when Nitish broke with the BJP because he was sure of retaining power. But if he stitches up an alliance with the Congress, Yadav will break ranks and chalk out his own independent course.

The long forgotten son-in-law

I

NTERNET having become a powerful tool of political messaging, the one entry which has gone viral in recent weeks refers to another famous son-in-law, the late Feroze Jehangir Ghandi, the son of a Parsi liquor merchant

IVILITY in public discourse is the hallmark of a mature democracy. Unfortunately, there are increasing signs of politicians using the rough and very often rude language to show their rivals down. Now, Gujarat Chief Minister Narinder Modi could be faulted for pitching his I-Day speech against that of the Prime Minister traditionally delivered from the ramparts of the historic Red Fort in Delhi.

Though chief ministers of all States routinely address the I-Day functions in their respective State capitals, Modi, as is his wont, hyped up the occasion by seeking to compare and contrast his oration in Bhuj, Gujarat, with the typically bland and insipid address from the Red Fort by Manmohan Singh. But that is not the point. Every Indian is free to judge the two speeches and draw his own conclusions.

Therefore, it does not lie in the mouth of Foreign Minister Salman Khurshid, apparently well-educated, to dub Modi a ‘khalnayak’ (villain). Such gutter language does not become anyone in high office. Maybe it is the growing realization of the ground slipping from below their feet that makes people like Khurshid to use the street lingo. (Remember how downright filthy adjectives he had hurled against Arvind Kejriwal when the latter had laid bare Khurshid’s family-run trust scam?) But then what can you expect from the second-and thirdrank leaders of a party whose leader had said that Atalji apna mansik santulan kho baithe hain ( Atalji has lost his mental balance) when Vajpayee was Prime Minister. And the same leader, you will recall, had gone to Gujarat for the 2007 Assembly campaign and called Modi Maut ka Saudagar (merchant of death). Even if such abuse proves counterproductive, it seems hard for Congress leaders to toe the straight and narrow of dignified public discourse. Surely, it is up to voters to make them realize their mistake.

Heard in the BJP circles

R

AM JETHMALANI is out of the party.

Subramaniam Swamy is in.

And on the nightly TV Anchor: Do you think BJP is committing harakari by making Modi its prime ministerial candidate?

Panelist (who is a leading journalist): “No, no. Not harakari. It is committing suicide.”

Amen.

Afternoon Despatch & Courier

MUMBAI | MONDAY, AUGUST 19, 2013

I-Day: Modi versus Manmohan LET me remind the senior BJP leader L. K. Advani that Narendra Modi has uttered nothing wrong in replying to Prime Minister Manmohan Singh’s speech on Independence Day. The latter had said in his ‘national’ speech that the ‘narrow and sectarian’ (divisive) ideologies have no place in a modern India. But he conveniently forgot that his own Congress had already started to divide Indians into Hindus and Muslims since the 1969 regime of Indira Gandhi by ‘gifting’ number of free economic favours for education, coaching, religious pilgrimage etc. for Muslim votes, and thereby the ‘notes’ to be deposited in the secret foreign bank accounts. Thank god that the Muslims have now begun to understand Congress’ divisive political policies.

— Hansraj Bhat, Borivali

IT was shadow boxing at its very best as our political leaders reduced Independence Day speeches to political bouts. While Prime Minister Manmohan Singh’s speech came with soft and hollow punches from Delhi, Gujarat CM Narendra Modi’s punches were strong and specific.

The last five years of the UPA government have been dismal with inflation and corruption at its peak

A timid approach to the rupee

It was a political bout between Narendra Modi and PM Dr. Manmohan Singh on August 15 this year. and the Indian rupee almost knocked out compared to global currencies led by the dollar. Today’s youth and the common man aspire for a change and see Narendra Modi as a messiah to bail them out of the mess - economic downfall, rising prices and corruption issues.

However, Modi is skewed towards Hinduism and needs to play with a straight bat taking together every religion with him if he wants to become the next Prime Minister

of our country. The battle lines are drawn and Manmohan Singh looks pale compared to the gigantic figure of Modi at the moment. The Congress it seems would have to project a different PM to combat Modi if they want to come to power in the next elections.

— S.N. Kabra, Goregaon

NARENDRA Modi is a man in hurry for a seat in the Prime Minis-

cricketers don’t have the guts to talk against the almighty BCCI and I don’t blame them. Look how they treated the great Kapil Dev AT the exchange rate of Rs.62/USD, the Sensex also went down by — Arun Malankar, Santacruz when he floated the ICL with Shubash Chandra. One can’t expect nearly 600 points showing a lack of a senior active cricketer to talk control by the RBI or the Finance against BCCI, forget the freshers.

Minister. The Indian exporters are now making more profits and fami- The Indian festival of Raksha Band- And if you think a Dravid can talk lies of those working overseas are han is being celebrated this year after retirement? No, because togetting more rupees for every dollar on August 20. Traditionally, this fes- morrow he may be signing a conremitted by such persons to India. tival is celebrated by our Hindu tract as a commentator or coach or But foreign tourists coming brothers and sisters. The sister seeks whatever. Hence the politician-type to India will pay lesser dollars for the protection of her blood-brother their vacation or a close male friend, who in turn in India. Also, im- offers her respect and protection. ports have become Earlier, this festival was wrongly uncostly, affecting con- derstood as a woman subjugating sumer durables. It is herself before a man as her lord and indeed a mixed bag master.

IT is a matter of great concern that for Indian economyIn an era which is marked by the search for survivors on INS which is more bad movements for women’s liberation Sindhurakshak after the blast in than good. and rights, Raksha Bandhan can be the ill-fated submarine has not Rupee’s fall will also celebrated as a festival that proyielded substantial results. The have a direct impact on foreign in- motes brotherly-sisterly concerns chances of survival are of course vestors pulling of Indian equity and appreciates the complimentary bleak but the efforts to get the markets and the students studying gifts of a man and woman. bodies of the Navy personnel are abroad, as they will have to cough Today, many centuries later, the on. The commandos of the elite up more in rupee terms. The money woman is still being considered as MARCOs failed to ascertain the kept in Swiss Bank accounts by bu- an object of sexual gratification and status of all the crew members, reaucrats and politicians will appre- subject to man. The celebration of who are allegedly trapped inside ciate substantially and the money Raksha Bandhan can help us rethe submarine after the blasts. earned as profit due member that God created man and The Russian company that had reto rupee fall can be used during the woman as equal and complimenfurbished the vessel has sent ex2014 General Elections liberally to tary partners and so a woman has perts who were put on the job but purchase votes. every right for respect and dignity. could not do much for the cause.

Searching for the bodies appears — C.K. Subramaniam, Sanpada — Jubel D’Cruz, Dombivili futile as the hatches of the submarine had fused shut after the metal of the hull melted in the heat generated by the fire and the blasts. It THE J&K Chief Minister has drawn I thought that there is one cricketer, a parallel between the Gujarat riots albeit retired, who had the guts to is a now or never situation. of 2002 and the ongoing communal talk against the arrogant and — C.K.S. Ramaniam, Sion disturbances at Kishtawar in his shameless BCCI. Yes I’m talking

state. Such a comparison, to say the about ‘The Wall’ Rahul Dravid. But IT is very sad to read a report on least, is reprehensible; in the sense my happiness was short-lived as the eve of the 66th Independent that Omar Abdullah appears to be Dravid issued a much common Day that our 16-year-old submasuggesting that whatever is now politician-like response that his rine INS Sindhurakshak caught taking place in J&K is nothing but statement was taken out of confire and exploded killing 18 precious naval officers due to loading some sort of retaliation for the text…Sad! Always thought and know that Godhra riots. In other words, he appears to justify the incidences as a ‘natural’ reaction; a phrase recently coined by a senior central cabinet minister from Maharashtra.

Gender Equality

11

LETTERS

www.afternoondc.in

ter’s chair. He has no patience. In the process of positioning himself as the Prime Ministerial candidate, he is committing many mistakes.

Narendra Modi’s challenge to Manmohan Singh should be viewed in the backdrop. He is trying to convert our democratic setup to American form of government without understanding the differences. He is not yet declared as the Prime Ministerial candidate by his party. Secondly, no one has said that Manmohan would be the next Prime Ministerial candidate of the Congress. In that case how can he (Modi) invite Manmohan for an open discussion?

In India, after the election, the elected representatives of the majority party elects its leader and he or she is named as Prime Minister and has to prove a majority in the Lok Sabha. Does Modi think that he is elected already as the majority party leader? Right now, he is only a member of the party and a Chief Minister of a province (not a state in political term). Therefore, even if he wants to engage in a oneto-one debate, there are challengers like Digvijay Singh and Salman Khurshid. Modi is like a school child who whishes to brag.

Probably, he has an inferiority complex and is therefore trying to overcome it through these gimby the great jam jam Dravid.

— Chandrakant Kotian, Vikhroli

Condemn acid attacks Inspite of the strict rules for selling acid, we hear about acid attacks on girls. After rape, this is the most common and heinous crime in India. I would like to ask our judiciary system why there is a slow or negligible attitude towards these crimes.

micks. Modi should have patience till he reaches the position he wishes to. Miles to go!

— M.H. Nayak, Mumbai

THIS year’s celebration of independence also brought pain for the brothers and sisters in Uttarakhand who had to face devastation about two months ago. Our deepest sympathies are with all the families who suffered loss of life or property. The PM wants to assure the people of Uttarakhand today that the whole country stands with them in this moment of crisis. His government failed in all aspects and the PM was keeping mum all these days. Our army, paramilitary forces and numerous officers and staff of the Central and State governments worked in difficult conditions in partnership with the common people to perform an outstanding task in providing relief to those who were stranded. We especially pay homage to the officers and men of the Air Force, ITBP and NDRF who sacrificed their lives to save others. On the eve of Independence Day, we all feel deeply pained that we lost the submarine INS Sindurakshak in an accident yesterday. Eighteen brave sailors are feared to have lost their lives.

Experiencing such pain is not going to be a permanent solution for all the problems, Dr Singh. The old dictum of by the people, of the people and for the people should be followed to the core and wherever necessary.

— C.K. Ramanathan, Ghaziabad

An acid victim cannot show her face (due to the injury) to the world, but the culprit, without any punishment, can roam and move easily in the world. We can see the contradiction here. Hence, I would like to suggest concerned authorities, our judiciary, viz. High Court, Supreme Court that we follow Saudi Arabs Rules (tit for tat). A culprit will be treated in the same manner as he has treated the girl.

— Perin Akolawala, Mumbai

A sad search for bodies

Omar’s silly statement

The Wall’s soft statement

Rescue operations are on at the Mumbai harbour. of missiles in the front tube. It is the worst tragedy and a great setback to the Indian Navy. I am of the opinion that the explosion at mid-night was due to failure to comply with standard operating procedures or material failure or combination of both which led to the warheads of torpedoes and missile explosion, but the only saving grace in this tragedy was that the accident took place in harbour, in very shallow waters

and hence rescue and salvage was simpler. It could have been a different story if the accident had occurred deep into the sea. This tragedy is the wake up call for the government to expedite the case for modern submarine rescue system to replace the single vintage system presently in use and if the right lessons are learnt, the tragic loss of young lives on the Sindhurakshak would not be in vain.

— Bhagwan Thadani, Mumbai

12

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, AUGUST 19, 2013

Introduction of Economy

Azad Shrivastav | ADC

May they bloom like the flowers

1 Introduction Farming, manufacturing, mining, transport and communication are productive activities.

2 Meaning of Economy i)

An economy is a combination of productive activities and services. ii) It is a system, which provides the means to work and earn a living. iii) It is an organistion, which makes the use of available resources to produce goods and services. iv) In the past, village economy was an important economic, political and administrative unit. v) Agriculture and handicrafts were the main activities of the people in villages.

3 Definition i)

An economy refers to various activities related to the production and distribution and consumption of goods and services in a certain geographical region. ii) Oxford Advanced Learner’s Dictionary defines an economy as ‘a relationship between production, trade and the supply of money in a particular country or region.’

4 Types of Economy THREE TYPES OF ECONOMY 1) Capitalist economy 1) In a capitalist economy, the factors of production are collectively owned by the society.

2) The main motive of producers is to maximize profits. eg.

USA 2) Socialist economy 1) In a socialist economy, the factors of production are collectively owned by the society.

2) So the means of production are owned and managed by the government with a view to maximize the social welfare.

3) Mixed economy 1) It is a co-existence of both public and private sector.

2) The means of production are owned and managed by the government as well as private individuals eg. India.

5 Features of economy THE MAIN FEATURES OF ECONOMY ARE: 1 Certain geographical area 2 Natural resources 3 Population 4 Sovereignty 5 Sectoral distribution A) Explain a well defined geographical area with reference to India.

A 1 The political boundaries of a nation determine its geographical area.

2 Indian economy owns about 32,87,263 sq km of land, with 28 states and 7 union territories.

3 It occupies 2.4 per cent of total land area of the earth.

B Explain natural resources with examples.

1 Natural resources are those which are freely available in nature.

2 It includes land, mountains, water, sunshine, sea, forests, mineral deposits etc.

3 Level of production in the economy is influenced by the availability and utilisation of natural resources.

C Population or human resources 1) Population or human labour is used in the productive activities.

2) Supply of labour in a country depends upon the size of the population.

3) Education, training and health services improve the quality of human resources.

4) There are three concepts regarding size of population of a country.

1 Optimum population 1) Optimum population is the ideal size of population.

2) In this case, available resources are properly utilized.

2 Over population 1) Over population is the excess population above the optimum level.

2) It increases pressure on the available resources.

Shobha Wagle Geography lecturer ECONOMICS - 3 3 Under population Under population is a situation in which the existing population is not enough to use the available resources fully.

4 Explain the term sovereignty 1 Sovereignty means supreme power or authority of the state exercised by the government.

2 The government of the country makes and enforces laws and takes decisions about socio-economic welfare of a country.

5 Explain sectoral distribution as a feature of economy.

1 Sectoral distribution of the Gross Domestic Product (GDP) is an index to measure economic development of a country.

2 On the basis of ownership and management sectors are classified as private, public and mixed or joint sector.

3 On the basis of nature of activities, various productive activities are mainly classified into three sectors 1) primary, 2) secondary and 3) tertiary sector.

4 More than half of the population is engaged in the primary sector. They are mainly engaged in agriculture and activities like animal husbandry, poultry farming, fisheries, forestry mining etc. But their contribution to India’s GDP is only 18 per cent according to 20112.

5 The share of secondary sector to the GDP is 26% (2011).

It is also called as industrial sector. People engaged in the occupations like manufacturing, construction work, electricity, natural gas, water supply etc.

6 The share of the tertiary or service sector is always higher i.e 56 per cent (2011). It includes services like transport, communication, hotels, entertainment etc.

7 In India, the contribution of secondary and tertiary sectors in GDP is rising. It indicates an increase in India’s economic development.

6 Which activities are undertaken in an economy?

A. An economy undertakes production, distribution, consumption and allocation of available resources in a particular area.

7 What is meant by an economy?

1) An economy is a system which provides the means of work and to earn a living.

2) It is an organisation, which makes the use of available resources to produce goods and services.

8 What is a primary or agricultural sector?

1 In this, productive activities are mainly based on natural resources.

2 Agriculture, animal husbandry, poultry farming, fishery, forestry and mining etc are included in primary sector.

9 Explain secondary and tertiary sector (Page 92) 10 Define: 1 Optimum Population (Page 91), 2 Over population, 3 Under population.

On Wednesday: Algebra

This Parsi boy stepping out of the Agiary at Five Gardens in Dadar on Sunday, on the occasion of Parsi New Year ‘NOVROZ’ is a reflection of the rich diversity and inclusiveness of Indian culture.

Pune varsity gets social science project under Indo-US plan P

UNE: A social science project under the "Obama-Singh 21st Century Knowledge Initiative" has been awarded to the University of Pune which will team up with the University of Massachusetts in a joint exercise.

The institutional partnership project, aiming to develop "appropriate research and analytical tools", was recently announced under the second round of OSI and will be sanctioned a grant of around US $250,000 to be utilised over a three-year period, said University of Pune (UoP) Vice-Chancellor Wasudeo Gade.

"The project awarded under the initiative will develop appropriate research and analytical tool and build institutional capacity and generate policy directions for a genuine synergy between shared commitments in equity and excellence in higher education," he said.

The programme, ‘Inclusive Universities -- Linking Diversity, Equity and Excellence for the 21st Century', will focus on how diversity and excellence are essential to innovation and progress in multi-cultural democratic societies.

Undertaken by the US and Indian Governments, the initiative envisages strengthening of collaboration and building of partnerships between the institutions of higher education of both countries, reports PTI. The UoP project is the first in the country in the field of social sciences under the initiative, which was finalised between Prime Minister Manmohan Singh and US President Barack Obama a few years ago.

"The project will involve, among other things, facilitating interactions among research teams, collection of demographic data and exchange of study material," Gade noted.

Markets Crash

pg14 Corporate Events This Week pg16 Buffett Gyan Afternoon Despatch & Courier

WHAT NEXT?

pg17 Government Too Slow On CAD pg19 Buy Tata Steel and Mahindra & Mahindra.

MUMBAI | MONDAY, AUGUST 19, 2013

With inflation rising again and growth declining, expect very volatile and nervous times ahead.

By Mayura Shanbaug

T

he situation on the economic horizon is turning gloomy by the day. The more the cornered government paws around to save the situation, the worse it seems to be getting. The Indian government’s and RBI’s decisions to help Current Account Deficit (CAD) and falling rupee seem to be doing more harm than good. On Friday, the rupee breached its all-time low and fell below Rs 62 before recovering to trade at Rs 61.7-61.8 to the US dollar.

As a consequence investors both retail and institutional have panicked. That was clearly evident on when the markets crashed 4% in a single session. BSE Sensex slumped 769 points, while the Nifty lost 234 points draining investor wealth by over Rs 200000 crore.

Foreign Institutional Investors (FIIs) who were net buyers until August 14 - FIIs bought shares worth a net Rs 2479.6 million last Wednesday, turned net sellers on Friday due to the RBI imposing capital controls on outward dollar remittances by Indians. The bank also banned property purchases abroad and clamped down on gold imports.

According to Naina Lal Kidwai, President, FICCI, the largest fall in two years in the equity market has continued the sense of despondency. “The markets experienced a free fall and has not reacted well to the Central Bank’s restrictions on rupees flows offshore with heightened fears that more restrictions may come including for FIIs,” says Kidwai.

“These fears need to be addressed - after all India has never restricted dividend flows offshore or indeed sales of equity share proceeds even when the situation was more dire,”

she says. “The fall in the Rupee essentially underlines weakness in the economic fundamentals. At this juncture, instilling confidence among investors should be the most important task at hand” adds Kidwai.

Sentiment on Friday took another hit after Moody’s downgraded the credit assessment of three banks Bank of Baroda, Canara Bank and Punjab National Bank.

According to Senior Equity Research Analyst from The Market, Siddharth Rajpurohit, the bourses witnessed severe selling pressure across the counters on concerns of tapering down of Quantitative Easing by US. “The downward correction was further supported by a jump in bond yields and USD/INR touching a new low even after a number of steps announced by RBI to strengthen INR,” says Rajpurohit.

“With Inflation again moving north and growth south, the current economic scenario looks very grim.

It is time to take some structural measures to hold the INR and also bring in capital flow rather than temporary curbing steps,” he says.

Rajpurohit feels that in the near term the movement would further be decided by the global cues. “One must keep a watch on some of the key data expected this week globally, such as US Consumer Sentiment & FOMC Minutes, Germany and UK Q2 GDP growth,” he says. “In the near term we expect Nifty to remain weak and further may test the 5450 to 5400 levels, but expect a bounce from these levels,” he says.

“We cannot ignore global influences with a strengthening of the US economy and the dollar as also the possibility of QE tapering leading to many emerging market currencies weakening including the rupee,” says Alex Mathews, Head Research, Geojit BNP Paribas

Financial Services. “As the Nifty has lost its key support at 5574, we can expect a further down trend which can bring down the Nifty towards 5415 and 5396,” he says.

Amar Ambani, Head of Research at IIFL, also expects market participants to look towards international cues for further direction, given that the results season is behind us. "In the US, the Federal Reserve would release minutes of the FOMC meeting this week. Technically, the Nifty has reversed from its 38.2% retracement level, which also coincides with the intermediate rising trend line resistance levels. If the Nifty breaches the 5,470 mark on a closing basis, selling pressure could accentuate,” he states.

According to Rahul Bhandawat, Sr. Technical Analyst – Equity, Equentis Capital, a UK-based investment analytic and advisory company, investors should stay cautious on the domestic front, while creating positions on the Sell side. The “Rupee movement, progress of monsoon session of parliament, institutional activity (FII's) during Q1 result season and the movement of global stocks during the week will dictate near term trend for domestic markets,” he says.

The “Rupee is trading near an all time low and higher Crude Oil prices may remain a major concern for Indian markets. The FIIs may exit from the emerging markets (EMs) as their own economies are showing positive signs of growth,” he feels.

Bhandawat feels that markets may remain highly volatile during the week and selling will continue.

Nifty may see a technical reversal (pull back) at 5200-5220 levels on the lower side before expiry,” he says. “Investors should closely track investment activity of FIIs,” he sug-

gests further.

However, Dipen Shah, Head of Private Client Group Research, Kotak Securities feels that the FM’s intent on controlling the CAD to about $70bn in the current fiscal and financing the same without draining forex reserves will

hold. “Further announcements on attracting investments in infrastructure and other core sectors will likely attract more forex flows and instill some confidence in the rupee. This may have a consequent positive impact on market sentiment,” he concludes.

14

Afternoon Despatch & Courier

MUMBAI | MONDAY, AUGUST 19, 2013

« GUEST COLUMN

CORPORATE DIARY

OM AHUJA,

ANNUAL GENERAL MEETING (AGM) & DIVIDEND

SYMBOL RCF INFINITE ASHIANA PIIND

EX-DATE 19-AUG-13 19-AUG-13 19-AUG-13 19-AUG-13

BC START DATE 21-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13

BC END DATE 30-AUG-13 30-AUG-13 27-AUG-13 29-AUG-13

RENUKA IGL HTMEDIA TIPSINDLTD GUJAPOLLO RJL FDC KCPSUGIND MOTHERSUMI KPRMILL ZICOM NANDANEXIM

19-AUG-13 20-AUG-13 20-AUG-13 20-AUG-13 20-AUG-13 20-AUG-13 20-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13

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28-AUG-13 2-SEP-13 27-AUG-13 29-AUG-13 29-AUG-13 30-AUG-13 31-AUG-13 30-AUG-13 27-AUG-13 31-AUG-13 30-AUG-13 29-AUG-13

30-AUG-13 30-AUG-13 29-AUG-13 2-SEP-13 6-SEP-13 30-AUG-13 3-SEP-13 30-AUG-13 30-AUG-13 31-AUG-13 3-SEP-13 30-AUG-13 27-AUG-13 30-AUG-13

PURPOSE AGM AND DIVIDEND RS.1.50 PER SHARE AGM AND DIVIDEND RS.3/- PER SHARE AGM / DIVIDEND - RS 2.25/- PER SHARE AGM/FINAL DIVIDEND RE.1/- PER SHARE AND INTERIM DIVIDEND RE.0.50 PER SHARE (PURPOSE REVISED) AGM/DIVIDEND RS 0.50 PER SHARE AGM/DIVIDEND RS 5.50/- PER SHARE AGM AND DIVIDEND RE.0.40 PER SHARE AGM / FINAL DIVIDEND RE 2.10/- PER SHARE AGM / DIVIDEND - RS 10/- PER SHARE AGM AND DIVIDEND RE.1/- PER SHARE AGM / DIVIDEND - RS 2.25/- PER SHARE aAGM AND DIVIDEND RE.1/- PER SHARE AGM AND DIVIDEND RS.2/- PER SHARE AGM/DIVIDEND RS 3/- PER SHARE AGM AND DIVIDEND RS.1.20 PER SHARE ANNUAL BOOK CLOSURE AND DIVIDEND RS.1.20 PER SHARE AGM/DIVIDEND RE. 1/- PER SHARE AGM/DIVIDEND RE. 1 PER SHARE FIRST INTERIM DIVIDEND RS 2.25 PER SHARE AGM AND DIVIDEND RE.1/- PER SHARE AGM / DIVIDEND RS.5 PER SHARE AGM/DIVIDEND RE 0.50 PER SHARE AGM / DIVIDEND RE 0.25 PER SHARE AGM / DIVIDEND - RS 2.50/- PER SHARE AGM / DIVIDEND RS.3.50 PER SHARE AGM / FINAL DIVIDEND RS.4/- PER EQUITY SHARE AGM AND DIVIDEND RS.3/- PER SHARE INTERIM DIVIDEND RS.6/- PER SHARE AGM / DIVIDEND - RS 6.20/- PER SHARE AGM AND DIVIDEND RE.0.06 PER SHARE AGM AND DIVIDEND RE.1/- PER SHARE AGM / DIVIDEND - RE.0.32/- PER EQUITY SHARE

EX-DATE 19-AUG-13 20-AUG-13 20-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 23-AUG-13

BC START DATE 21-AUG-13 22-AUG-13 22-AUG-13 23-AUG-13 23-AUG-13 23-AUG-13 23-AUG-13 23-AUG-13 23-AUG-13 23-AUG-13 24-AUG-13 26-AUG-13 24-AUG-13 26-AUG-13 26-AUG-13 27-AUG-13

BC END DATE 27-AUG-13 24-AUG-13 4-SEP-13 26-AUG-13 27-AUG-13 30-AUG-13 5-SEP-13 31-AUG-13 27-AUG-13 30-AUG-13 27-AUG-13 7-SEP-13 31-AUG-13 30-AUG-13 30-AUG-13 29-AUG-13

PURPOSE AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM AGM

SHREYANIND SIMPLEXINF MAYURUNIQ HINDCOMPOS WOCKPHARMA GOLDIAM DELTACORP GARWALLROP GNFC BASF MBLINFRA CARERATING IOC RUCHINFRA PONDYOXIDE RUCHISOYA

AGM

SYMBOL AGCNET NATNLSTEEL LUMAXAUTO INDNIPPON PIONDIST THEMISMED EASTSILK GKB SUNCLAYLTD VTXIND DHANBANK EUROTEXIND RAMANEWS SUPREMETEX SITICABLE MMFL

21-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 22-AUG-13 23-AUG-13 23-AUG-13 23-AUG-13

23-AUG-13 24-AUG-13 26-AUG-13 24-AUG-13 26-AUG-13 24-AUG-13 24-AUG-13 24-AUG-13 24-AUG-13 24-AUG-13 26-AUG-13 27-AUG-13 27-AUG-13 27-AUG-13

BOARD MEETINGS

SYMBOL KLGSYSTEL EVERONN SWANENERGY NATNLSTEEL ARSHIYA KALINDEE JBFIND BRFL EASTSUGIND

BONUS

SYMBOL CCL

RIGHTS

SYMBOL GODREJPROP

MEETING DATE 19-AUG-13 20-AUG-13 20-AUG-13 20-AUG-13 21-AUG-13 21-AUG-13 21-AUG-13 22-AUG-13 22-AUG-13

EX-DATE 19-AUG-13

PURPOSE BOARD MEETING ADJOURNED CORPORATE DEBT RESTRUCTURING OTHERS APPOINTMENT OF CHAIRMAN AND MANAGING DIRECTOR BOARD MEETING RESCHEDULED BOARD MEETING ADJOURNED BUYBACK BOARD MEETING ADJOURNED RESULTS

PURPOSE BONUS 1:1 AND FACE VALUE SPLIT FROM `10/- TO `2/-

EX-DATE 19-AUG-13

PURPOSE RIGHTS 8:29 @ PREMIUM RS.315/- PER EQUITY SHARE Courtesy SMC

is CEO – Residential Services, Jones Lang LaSalle India

New Curbs On International Investment

I

n uncertain times, preservation of capital becomes the key consideration for smart investors. Currency volatility and sustained weakness in the recent times has led the capital controls by the banking regulator in India. Over the last one month, four notifications specifically aimed at curbing the investor sentiment for gold and commodities have been issued.

Equity markets in India recently witnessed negative FII flows primarily because of the Indian rupee’s lack of stability, slowing economic growth and lack of Government initiatives with regard to reforms and resolving international taxation issues. The environment is becoming very complex for investors when it comes to making their investments work and yield good inflation-adjusted returns.

Over the last five years, equities have, on an average, yielded annualized returns of 5% (Aug 16th 2008 to Aug 16th 2013), whereas gold has given annualized returns of 13% (Aug 16th 2008 to Aug 16th 2013). Returns from bank deposits and bonds have been in the range of 9-10% annually. On the other hand, annualized returns on real estate in cities like Mumbai and Delhi have been in the range of 40-55% (pre-tax and not inflation adjusted.)

If we benchmark these returns and make a quick comparison, it clearly reflects that real estate and gold have outperformed equities and bonds / bank deposits. That said, many experts point out that the returns from real estate may not sustain at these growth rates going forward, considering that we are possibly at the mid or higher end of the growth cycle curve for this asset class.

Internationally, real estate displays a very different trend in terms of returns and growth. Rental yield can ranges from 4-7% and annual growth in many parts of the world is approximately 45% annually. Many Indians chose to diversify and increase their exposure to international real estate to ensure steady rental revenue streams for their families abroad, and / or provide accommodation for their own use during their foreign sojourn.

This became especially viable with the Liberalized Remittance Scheme (LRS) which was rolled out few years back. Considerable revenue outflows into destinations such as the Middle East, London and Singapore resulted. However, the recent policy change aimed at curbing of international real estate investment marks an abrupt moving away from the LRS scheme. The international property focus of such investors is now going to decrease drastically.

Whenever excessive controls are exercised (as we have already seen in the case of gold and other precious commodities) investors receive confusing market signals that lead to increased uncertainty in terms of investment planning. In such scenarios, the most evident trend that emerges is that of investors looking for alternatives that can help them grow money and protect capital.

The new currency diversification curbs now imposed do not just limit international real estate investments - investors will not find remitting a mere USD 75,000 into any other asset classes on international shores attractive. Such small amounts will attract sizable charges by the banks managing their portfolio, making the entire proposition non-viable and unattractive.

Indian Investors still believe that real estate is the ideal investment asset class when it comes to safety, returns and growth. In an environment where international real estate is no longer an option, we will see more money chasing attractive assets that offer good returns within the country.

There will now be an increased focus on lucrative residential real estate investment options in India. Because of the recent resolution of the political quagmire there, Hyderabad – specifically the IT-centric pockets there - will attract a lot of investor interest.

This city is now suddenly in a growth phase, and it presents the ideal investment scenario of relatively low entry points with extremely promising growth potential. Bangalore, Chennai and Pune also provide interesting investment options, as these cities have seen sustained inflows from NRIs.

15

Afternoon Despatch & Courier

Rupee Expected To Decline Further MUMBAI | MONDAY, AUGUST 19, 2013

« FOREX

PRAMIT BRAHMBHATT is CEO of Alpari FinancialServices (India)

Rupee has failed miserably as most of the time RBI intervened in a small way which was not strong enough to restrict the currency movement as a result investors lost their confidence in the Rupee. The trading range for the Spot USD/INR pair is expected to be within 61.10 to 62.10.

It is recommended to be cautious and Buy USD/INR Futures on dips with the ast week as expected Spot Rupee contin- appropriate stop loss as Rupee is expected ued to trade weak and breached the pre- to depreciate against dollar. Pivot Point for vious all time low to trade at 62.00 levels, the Pair is at 61.55. which was a new all time low. Mainly taking The negative sentiment of the investors cues from local equities, which traded weak has hammered the rupee and it is expected and closed down by more than 4% on the last to trade near 63.00 levels in the coming trading day. The biggest percentage fall for days as India's own record high current Nifty since 22nd Sept 2011 and for the Sensex account deficit and weak fundamentals which dropped by 800 points for the 1st time will further weaken the rupee. The Reserve since 22nd Sept 2009 as FIIs took exit from Bank of India last Wednesday, had capped the markets on fears that Federal Reserve's the limit of individuals and companies stimulus programme will end soon. investment abroad, by taking these step Measures taken by the regulators to support policymakers has curbed the amount of

L

Anand Birai

A

fter a long rally, debt funds have begun losing shine with returns falling. In July, the returns plummeted 6.5% which is the worst performance by debt funds in about four years. This was after the government bond yields surged over 80 basis points during the period. In July the Reserve Bank of India took a raft of measures to prevent the rupee from falling against the dollar, which impacted debt markets. The medium and long-term bond and gilt funds were the worst hit, which are ironically considered less risky among investment asset classes.

The pressure on bond yields is expected to continue for some time till the rupee stabilises against the dollar. In the near term, investors may expect bond funds to under perform fixed-rate instruments. There's a tight liquidity condition in the market, which is driving the rates of short-term papers higher.

The yield on benchmark 10-year bonds (7.16%, 2023) rose over 80 basis points to around 8.25% from 7.45% at July beginning.

The 10-year bond yield is now at levels last seen in December 2012.

The trailing 1-year returns of most debt mutual funds have come crashing to around 8-10% levels from 13-15% at May end. Bond yields and return on debt funds move in opposite directions: as bond yield rises, return falls, and when yield falls, return rises.

The policy changes by the central bank have hurt bond yields across the board, and this has impacted the net asset value (NAV) of bond funds severely. A reversal of policy measures and liquidity improvement can only normalise the situation in bond markets.

Bond yields also rose in June, as the sharp depreciation of the rupee against the dollar halted the bond market party. The currency

money going out of India but the confidence of foreign investors may also fall short as it will raise the fears of outright capital control.

A slowdown in monetary stimulus could be positive for the dollar, particularly if it leads to a further rise in Treasury yields as the government scales back bond purchases.

Higher yields make dollar-denominated

Debt Funds Losing Steam

redeemed or switched out within 30 days from the date of allotment for both the schemes.

Scheme Name Category 1M% 6M% 1Y% 3Y% ICICI Prudential Service Industries Fund-G Equity 4.93 16.71 34.64 8.58 Templeton India Ultra Short Bond Fund-Super IP-G Debt 0.36 4.41 9.17 9.27 Peerless Liquid Fund-Super IP-G Liquid 0.67 4.32 8.97 9.09 Religare Invesco Gilt Fund-Short Duration Plan-G Gilt 2.2 4.68 13.65 8.4 SBI Magnum Balanced Fund Balanced -3.56 -2.23 12.12 2.65 Returns for less than one year are absolute returns and returns for more than one year are compound annualised. NAV as on August 14, 2013.

Principal MF announces changes for Principal Retail Money Manager Fund Principal MF has announced to change the maximum application and redemption amount in Principal Retail Money Manager Fund. Accordingly, the cap on investment amount has been revised to a maximum of Rs. 15 lakh on a single day for both- new and existing investors with effect from September 6.

Assets of MF Industry declines by 6.2% in July on M-o-M basis depreciated over 10% in the April-June quar- account deficit (CAD) does not come under According to data from the Association of ter. The rupee closed at 61.17 to a dollar, near the desired limit, then RBI may find it tough MFs in India, the MF industry witnessed a its all-time low, on last Wednesday. to roll back the liquidity squeezing measures 6.2% fall in total assets under management Foreign funds were selling in debt markets any time soon. from Rs. 8,11,481 crore in June to Rs. 7,60,833 since mid-May, which added to the pressure crore in July. This was mainly due to huge on the rupee. And if the currency falls fur- MUTUAL FUND UPDATE outflows from income and liquid funds. ther, then monetary authorities may consider hiking the cash reserve ratio (CRR) from Deutsche MF changes exit load structure L&T MF changes exit load structure 4% to drain out liquidity.

Deutsche MF has announced to revise exit L&T MF has announced to revise exit load The long-term bond and gilt funds saw load structure under Deutsche Short structure under L&T Triple Ace Bond Fund assets under management (AUM) doubling Maturity Fund with effect from August 14. with effect from August 12. Accordingly, an in six months to 1,00,000 crore at the end of Accordingly, an exit load of 0.75% will be exit load of 1.5% will be charged if units are June - from 49,000 crore - as investors charged if units are redeemed or switched redeemed or switched out within 9 months expected aggressive interest rate cuts by the out within 6 months from the date of allot- from the date of allotment and nil otherwise.

RBI in 2013. The assets under management ment. The revision in load structures will be (AUM) of debt and money market schemes applicable on prospective basis.

Edelweiss MF announces change in fund are around 6 lakh crore, and represent 75% management responsibilities of the total AUM of the industry.

Principal MF announces change in exit Edelweiss MF has announced change in Heads of asset management companies load structure fund management responsibilities for cerfear redemption pressure from banks and Principal MF has announced change in exit tain schemes, with effect from August 07. corporates, and slowdown in business due to load under Principal Debt Savings Fund – Accordingly, Bhavesh Jain has been appointpoor performance by debt funds. The exter- Retail Plan and Principal Retail Equity Savings ed as the Assistant Fund manager- Equity, to nal global situation can also impact Indian Fund with effect from August 13. Accordingly, manage Edelweiss Absolute Return Fund, markets. Fund managers say if the current the revised exit load will be 1% if units are Edelweiss Diversified Growth Equity Top 100 Fund, Edelweiss ELSS Fund, Edelweiss Select Midcap Fund and Edelweiss Equity BEST PERFORMING FUNDS Enhancer Fund along with Paul Parampreet .

DESPAT CH & COURIER

Feature

Find out why you shouldn’t feel so guilty when you open a pint of beer

assets more attractive. The dollar, however, failed to gain much traction this week.

Unfortunately the mixed economic reports are only adding to the question of whether the Fed is making the right move by planning to taper asset purchases this year.

Gold for December delivery added 0.3% to $1,365 an ounce on the Comex in New York.

Prices reached $1,372.30, the highest since June 19, and are up 4% this week. In spot market, gold prices hovered at $1364 an ounce on last Friday.

Oil markets were steady with Brent crude, consolidating after a week of strong gains as turmoil in Egypt and Libya stoked worries over the security of supplies from the Middle East and North Africa. Concerns that violence in Egypt could affect the Suez Canal, conduit for up to 3 million barrels per day of oil and a vital seaway for bulk carriers, helped drive Brent to a four-month high last week.

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Is The Worst Phase Over For Indian Buffett Gyan Companies Doing Business In Europe?

W

16

Afternoon Despatch & Courier

By Charlene Martins

arren Buffet is the world’s most successful investor who started with nothing and made billion – dollar fortunes solely by investing. Today the self made 83 year old Omaha, Nebraska based Warren Buffet is the fourth richest person in the world with a net worth of $ 53.5 billion (Rs 3,21,000 crores).

What is the secret of Warren Buffet’s spectacular success? How has he managed to so consistently beat all the major indices and so regularly come up a market winner?

Here are some insights on the Warren Buffet way When Warren Buffet began his investment partnership in 1956, his father counseled him to wait before making any purchases. Instead, despite the general market level, he began investing in partnership funds. Even at his young age, he quickly grasped the difference between purchasing individual stocks and speculating about the direction of the market. Whereas purchasing companies requires certain accounting and mathematical skills, managing market fluctuations requires investors to master their emotions. Throughout his career, Buffet has been able to disengage himself from the emotional forces of the stock market.

Despite computer programs, it is still people who make the markets. Because emotions are stronger than reason, fear and greed move stock prices above and below a company’s intrinsic value. Investor sentiment has a more pronounced impact on stock prices than a company’s fundamentals. When people are greedy or scared, Buffet says they often will buy or sell a stock at throwaway prices. Buffet recognized early that the long term value of his stock holdings was determined by the economic progress of the business and not daily market quotations. Over the long term stock prices have a remarkable relationship to the underlying economic values of the business. As a company’s economic value increases over time so will the price of shares. If on the other hand the company falters, the stock price will reflect this. Of course, over shorter periods, Buffet learned that the price of stocks will move above or below its business value dependent more on emotions than economics.

Ben Graham taught Buffet that the basic difference between investors and speculators lies in their attitudes towards stock pricing. The speculator tries to anticipate and profit from price changes. On the contrary, the investor seeks only to acquire companies at reasonable prices. Graham figured that an investor’s worst enemy was not the stock market but one self. Despite superior abilities in mathematics, finance and accounting, individuals who could not master their emotions were ill suited to profit from the investment process.

Buffet cannot predict short term market movements and does not believe that anyone else can. He has long felt that the only value of stock forecasters is to make fortune tellers look good.

Of course the stock markets can endure long periods of over and undervaluation

but cannot continue to outperform their business fundamentals indefinitely.

The future is never clear and second you pay a very high price for cherry consensus. To earn superior profits, individuals are required to carefully evaluate a company’s economic fundamentals.

Embracing the latest investment style or fad cannot guarantee success.

For the general health of the capital markets, what is needed, according to Buffet is long term investors who seek out long term prospects and invest accordingly.

Buffet believes that investors must be financially and psychology prepared to deal with the markets' volatility. Investors should expect their stocks to fluctuate. Buffet believes that unless you can watch your holdings decline by 50% without becoming panic stricken you should not be in the stock market.

The most common cause of low prices is pessimism – sometimes pervasive, sometimes specific to a company or industry. Buffet states that we want do business in such an environment, not because we like pessimism but because we like the prices, it produces. It is optimism that is the enemy of the rational buyer.

Buffet finds it odd that investors habitually dislike markets that are in their best interests and favor those markets that continually put them at a disadvantage. Unwittingly investors dislike owning stocks when prices are going down and warm to those stocks whose prices are increasing. Of course selling at lower prices and buying at higher prices is not profitable. According to Buffet, if you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stock more cheaply to your portfolio.

Logically an investor would be better off if there was one big bear market during the purchasing period of their lives and one glorious bull market shortly before they planned to sell. Buffet points out that investors show no confusion about food prices, knowing that they are going to purchase food forever they enjoy lower prices and despise price increases. According to Buffet, as long you feel good about the business you own, you should welcome lower prices as a way to profitably increase your holdings.

For the first time in 3 years, the ‘feel good’ factor is returning amongst Indian companies doing business in Europe, finds a FICCI Survey

By Dominic Rebello

P

ost 2008, Indian companies doing business in Europe are now redefining their operational philosophy to cope up with number of challenges these economies are springing for them. From rising public debt, increased unemployment to reduced consumption and drop in disposable incomes, number of factors has directly impacted the bottom lines of Indian companies.

But despite the gradual slowdown in India-Europe trade and economic relations, the region still remains India’s largest trading partner. Most encouragingly, for first time in three years, says Ficci “Indian companies have begun to express optimism. This is indicative of the fact that they have successfully been able to reposition and or re-align their operational capabilities in one of the most demanding and organized markets in the world.”

Infact, a number of companies surveyed by Ficci, have indicated that despite the slowdown, they have been able to grow and create a niche for their products there. More so, there has been a marked rise in number of companies who have successfully been able to reduce their losses while doing business in the region.

The current economic situation, though resulting in number of procedural and regulatory obstacles for Indian companies to expand and or do business in the continent, is still providing needed returns on the investments made.

In the initial years of liberalization, Indian companies focused on increasing exports, getting into joint ventures or technology transfer agreements with foreign companies to make their presence felt in global markets. In recent years, Corporate India has

increasing interactions and joint ventures with the European companies. SMEs sector in India has also played a pivotal role in forging new business alliances with European companies. It has been done to get needed technologies and operational expertise to become globally competitive.

The skill upgrades and development has only added momentum to the growing synergies between Indian and European enterprises.

In this backdrop, the current economic crisis has far deeper ramifications on the business interests of Indian companies.

This includes, holding on to their current level of businesses, furthering their footprint across the region, seeking a more pliant policy framework from respective European economies to ease the steadily moved towards building process of doing business there globally competitive enterprises. and seeking easy movement of Healthy performance at home, human resources to finish the the desire to venture abroad cou- existing projects and or underpled with liberal policies on out- taking the new ones in the comward investments, served as a ing times. catalyst to establish a footprint The ongoing negotiations to globally and expedited the sign an equitable and balanced process of Indian companies FTA between India and the EU entering foreign markets through are also closely monitored by the acquisition route.

Indian industry. However, the Despite the slowdown, Indian issue of visas and movement of entrepreneurial zeal is looking professionals in the EU still towards transforming adverse remains one of the most coneconomic situation to its advan- tentious concern areas for Indian tage. This has resulted in ever companies.

FICCI conducted a survey amongst Indian companies doing business and or have invested in Europe in the past to assess whether the worst in terms of gloomy European economic scenario having direct bearings on Indian companies’ bottom lines was over or not. These are the findings…

Despite the ongoing gloomy economic scenario in Greece, Spain, Italy and more recently, recessions setting in major economies like France, Indian companies have overwhelmingly expressed optimism that the worst is over for them while engaging the region commercially.

From the last year when over 75% of the companies had responded that the ongoing crisis had resulted in their business prospects in the region being adversely impacted, over 50% companies surveyed noted that even when the markets were going into a slowdown mode, they, have been able to register growth in their product(s) category.

The concern point is that over 60% of the surveyed companies who reported decline in their business prospects, have quoted a loss of 20% or more in terms of business generation from the European region. 18% respondents reported a decline of 5-10% in their businesses.

Half of the surveyed companies expected the current economic situation would improve in the coming 1-2 years time.

Encouragingly, 30% respondents expressed optimism that the economic situation in the European Union would begin to look up in a year’s time.

To keep their balance sheets stable, over 50% of the Indian companies surveyed have already begun to diversify their markets within Europe. This is in stark contrast to last year’s survey as over 40% of these companies have initiated efforts to make inroads into Central and East European markets. 60% of these companies are primarily focusing on greener pastures in African countries, Middle East, South Asia and even in North America.

Over 20% respondents have pointed out that during the current economic turmoil, rather than facilitating foreign investments and businesses, the respective European Governments have made its processes more stringent in obtaining and renewing long-term visas, work permits, family and dependent visas and overall ease of doing business in the region. Of these, there was unanimity that getting a business visa remained the most worrying issue for them to effectively engage the European economies.

10% of the respondents suggested that Indian government could favorably look at providing subsidies and lower duties for promoting India-EU trade.

Colour Your Brand JAGDEEP KAPOOR

is CMD of Samsika Marketing Consultancy

IT is a known fact that colour works wonders in many aspects of life. It does so in films, at home, during festivals and also in brands. Colour has a strong impact on our heart and mind and influences us to choose a brand or a variant of a brand or reject a brand or a variant of a brand.

Different moods and qualities are associated with different colours. Whether it is for packaging or ingredients or the product or service itself. It could be a brand of Airlines or a brand of soap or chocolate or a brand of hotels, colour does give a brand

personality to the brand.

If it is white it may reflect purity and red may reflect aggression. Blue may represent tranquility and black may be seen as bold.

Recently the campaign of a mobile phone in the mobile services category uses colours in a very vibrant and exciting manner, taking the brand to a higher level of interaction with the consumers. It reflects the sentiment of colours being sprinkled with words, because of the mobile service provided. It is a noticeable campaign and memorable.

Coke and Pepsi, Cadbury and Nestle, have a distinct personality as brands and one of the major reasons is the use of colours to establish a distinct identity. Even while participating in an advertising campaign or a promotional campaign, colour coding of the dress code of the models, brings out the colour association with the brand.

Brand Colour is a vital weapon to recollect the brand attributes, check its authenticity, build recall and create likeability. Brand Colour also creates a competitive edge which distinguishes your brand

To Win

from others on the shelf. It is also important to understand the behaviour of different cultures towards colours of your brand. Some colours are considered auspicious and others inauspicious.

Many brand campaigns build up their sales through strategic use of colours in their brand events. Others do it in their collateral, brochures and point of sale material. Colour is used effectively on letterheads, envelopes and also company signages.

Ultimately brand colour moves the brand towards progress, whether it be a corporate brand like TATA, GODREJ, or a product brand like Nokia, Samsung or

Sony.

Brand Colour is an exciting colour to project the benefits of the brand. It reflects the way the brand would communicate with the consumer if it was a person. There was a scope to define the expectations of the consumers, through Brand colours.

Since products are displayed on the shelves of stores, it is important to choose colours which do not get dirty. Further the colour of ingredients also needs to be chosen well.

They would give positive or negative signals.

A change of colour to move it to a higher positive level is of the Bisleri bottle from blue to green, getting it closer to nature.

Brand Colour is an important weapon. Use it strategically and in a wise manner.

Copyright © 2013, All rights reserved.

Jagdeep Kapoor can be contacted at jk@samsika.com

17

MUMBAI | MONDAY, AUGUST 19, 2013

« STRAIGHT TALK

ROOP KARNANI

is a Senior Journalist, Author and Industry Analyst

Government Too Slow On CAD

THE FM has promised to bring down CAD to 3.7% of GDP, while promising to better fiscal deficit.

These two are “my red lines”, as quoted by him, and he did that last year also. In the last year he had bettered his promises on red lines. Some announcements have been made and some are yet to be made -Too slow in taking what seemed to be obvious decisions. The non essential items import duty is expected on smart-phones and luxury goods, which will not hurt the common man, but is yet to come, to further reduce CAD. Too obvious and slow again!

Quick decisions help change sentiment, which will help stabilize the rupee. But long-term measures are also needed to be quick too, to change sentiments. And that seems to be lacking It is encouraging that exports have risen in the latest figures released. But it is sad to know that Maruti & Hyundai’s car exports to Algeria have been hit due to norms being tweaked by Algeria, which is a big market for both these companies.

It will take both Maruti & Hyundai a few months to adjust to the new norms.

Hero Moto Corp has also announced recently, that it will export to 50 countries and set up 10 new factories outside India. But this will take a few years. The government needs to incentivize them to do it faster.

How Mahindra Tractors Inc is beating John Deere in the US. M&M started exporting mini tractors - 22 to 100 Hp range - to private Ranches in US in 2010.

They had to make tractors more comfortable by putting A/C cabins and auto gears. An M&M tractor today costs between 12,000 dollars to 50,000 dollars, in the US, depending on the size.

John Deere, which makes 250 Hp and above, was skeptical about M&M targeting a niche market, but in just 3 years M&M has a market share of 10% in the US, compared to John Deere’s 35%.

M&M is already the world’s largest tractor manufacturer, with a 45% market share in India, and, after having bought a controlling stake in a large Chinese tractor company, 3 years ago, it became number one in the world then.

As far as SUVs are concerned, it is well entrenched in South Africa since about 15 years.

Three years ago when I visited Johannesburg, Durban and Pretoria, the largest auto showrooms were of M&M, followed by Mercedes, which were much smaller.

Now M&M has taken over Ssangyong of South Korea, a popular SUV maker, which was loss making. M&M paid 900 million dollars for the take over and has just begun making profits in South Korea this quarter.

We need, as a country, to incentivize engineering and hi tech defense exports. We can’t just remain a textile or a gems and jewellery exporters. Autos and defense have high margins and high value. Within a matter of a few years we can be a Current Account Surplus country, which we were 10 years ago, rather than a huge Current Account Deficit country, which we are today.

18

Afternoon Despatch & Courier

Company

ABIRLANUVO ACC

ADANIENT

ADANIPORTS

ADANIPOWER ALBK

MUMBAI | MONDAY, AUGUST 19, 2013

F&O SCRIPS WEEKLY SUPPORT AND RESISTANCE LEVELS FOR AUGUST 19-23, 2013 Close

1209

PP

1216

R1

1275

R2

1334

S1

1098

152

140

1157

1168

1201

1235

1135

142

144

147

150

140

69

71

76

160

33

164

34

176 37

188 40 82

S2

1157

31

65

1101

137 29 60

AMBUJACEM

170

172

179

186

166

159

APOLLOTYRE

65

65

67

70

62

60

ANDHRABANK ARVIND

ASHOKLEY

ASIANPAINT

AUROPHARMA AXISBANK

56

70

13

57

71

13

61

73

14

417

425

449

1048

1081

186

186

1283

980

539

583

1966

BANKINDIA

163

169

187

BANKNIFTY BATAINDIA

BHARATFORG BHARTIARTL BHEL

BIOCON BPCL

151

133

126

291

293

314

334

225

233

260

287

297

305

331

415

419

429

337

213

CIPLA

204

111

106

CENTURYTEX CHAMBLFERT

1654

236

302

CESC

1758

226

336

34

340

340

304 219 34

352 350

315

12

378

2070

222

940

66

167

10236

895

49

177

9647

CAIRN

CANBK

206

9451 880

12

1182

196

1862 495

15

69

401

1852 480

76

53

473

BAJAJ-AUTO

BANKBARODA

65

10825

984 247

365

142

359

450

879

406

9058

8469

215

205

851

327

96

331

273

806

254

202

184

37

40

32

29

408

7982

8134

7678

7526

COLPAL

1318

1331

1371

1411

1291

1251

DABUR

170

170

176

183

164

158

CROMPGREAV DENABANK DISHTV

85 46

46

87 47

47

281

92

51

50

297

97

54

53

247

81

44

44

231 76

40

41

DIVISLAB

994

1001

1020

1039

982

962

DRREDDY

2165

2191

2269

2347

2113

2035

311

321

353

386

289

257

84

96

107

72

DLF

EXIDEIND

FEDERALBNK

144

131

147

131

FINANTECH

150

156

GAIL

298

306

FRL

GMRINFRA

GODREJIND

80 13

249

GRASIM

2315

HAVELLS

605

HDFC

739

GSPL

HCLTECH HDFCBANK HDIL

HEROMOTOCO HEXAWARE HINDALCO

HINDPETRO

HINDUNILVR HINDZINC

IBREALEST

54

13

250

167 137 179

327 14

262

14

274

132

109

284

262

12

239

60

12

227

2235

2116

616

650

684

582

548

812

867

703

648

55

60

600

633

1965

1942

2011

93

349

117

2593

589

182

203

124

107

2474

928

122

144

127

2355

920 31

187

757

31

122

95

186

953

34

124

101

196

65

977

666

36

2079

126

108

206

50

904 567

29

1874 120

88

175

45

879

534

27

1805

118 81

165

600

608

632

656

584

559

57

60

66

73

53

46

102

103

109

114

98

93

ICICIBANK

860

876

923

971

828

780

IDEA

172

170

180

190

160

150

IFCI

20

21

23

24

19

18

IDBI

IDFC IGL

INDHOTEL INDIACEM

INDUSINDBK

54

55

107

109

256

260

46

46

42

353

43

364

60

115

64

51

46

121

103

272

284

248

237

51

55

42

38

45

398

47

431

41

331

97

39

298

INFY

2984

3018

3121

3224

2915

2812

IOC

204

203

217

232

189

174

ITC

321

326

342

358

310

294

50

52

56

61

47

42

IOB IRB

JINDALSTEL JISLJALEQS

39 68

214

40 70

218

42

76

233

45 82

247

38

64

204

35 59

190

30

11

488

MCLEODRUSS MRF

NFTYMCAP50 NHPC

NIFTY

NMDC

35

13

554

R2 39

15

603

S1

23

455

406

10

1080

1048

74

76

82

89

70

170

818

1325

640

174

675

709

606

186

198

828

859

890

1350

1425

1499

1275

270

286

303

253

771

853

822

885

162 821

789

14486

15294

12868

16

17

17

17

16

5505 109

5586

111

5829

117

63

150

917

13677

1875

572

669

2657

797

13407

1849

1038

720

2298

1840

8

873

2238 264

2477

S2

27

1070

842

MCDOWELL-N

11

504

R1

1059

629

M&M

MARUTI

PP

31

1055

754

LUPIN

1900 6073

123

2119

1823

5343

105

767

1200

1939

237

12059

1798

16

5100

99

Can’t get copies of the Afternoon Despatch & Courier in your area?

Please contact Mr Chalke on 9920831512

ONGC

397

Close

LT

253

7830

264

LICHSGFIN

NTPC

7779 259

KTKBANK

180

CNXIT

COALINDIA

KOTAKBANK

322

237

440

JUBLFOOD

253

282

279

JSWSTEEL

81

293

357

JPPOWER

315

326

207

Company

JPASSOCIAT

OFSS

OPTOCIRCUI

140

141

3085

2858

25

25

28

31

22

272

278

135

PFC

112

115

124

40

415

445

353

139

155

108

119

124

RECLTD

171

RELCAPITAL

106

51

384

RCOM

133

47

381

193

119

600

44

RAYMOND

167

557

43

RANBAXY

260

514

PTC

23

151

313

133

499 97

295

124

PNB

PUNJLLOYD

135

3009

130

POWERGRID

153

2934

ORIENTBANK PETRONET

147

2909

97

24

124

99 27

203

234

172

181

172

164

92

37

18

323

140

93

155

370

403

304

271

71

79

86

64

1568

1589

1651

1713

1527

1465

430

439

467

494

412

384

SRTRANSFIN

621

628

649

670

607

585

SUNPHARMA

543

546

554

563

538

529

SYNDIBANK

67

68

73

77

64

SAIL

SBIN

SESAGOA SIEMENS SINTEX STER

SUNTV

TATACHEM

TATACOMM

TATAGLOBAL

TATAMOTORS

69

189

21

96

427

264

RPOWER

337

266

94

106

293

RENUKA

326

30

470

19

103

380

RELINFRA

322

101

115

243

351

RELIANCE

312

142

129

2783

828 15

40

128 22

76

387

UCOBANK

ULTRACEMCO UNIONBANK UNIPHOS UNITECH

VIJAYABANK VOLTAS

41

132 23 78

142

25

84

51

152

28

89

262

272

141

143

151

159

160

178

160

158

173

314

305

342

73

75

80

142 240

1779

1794

241

252

1326

54

256

1841

483

187

802

14 37

122

20

72

359

17

66

318 60

125

107

85

70

224

1748

1433

1251

55

59

63

51

320

112

128

144

1372 286

57

32

135

268

1887

13

232

379

272

763

242

1311

219

130 231 65

208

1702

1190

185 47

1676

1693

1742

1790

1644

1595

144

147

155

164

138

130

37

39

42

35

32

474

487

449

436

282

236

220

113 17

36 70

116 17

72

WIPRO

459

462

ZEEL

249

251

YESBANK

46

18

252

235

TITAN

17

249

TATASTEEL TECHM

16

919

442

146

TCS

880

400

TATAMTRDVR TATAPOWER

841

259

277

124

19

79

329

267

133 21

86

382

107

15

65

224

98

13

59

172

Intraweek Support and Resistance Levels Based on the “Pivotal Point” theory of Techincal Analysis PP Points indicate the level where the trend is likely to change during intra-week.

19

Afternoon Despatch & Courier

MUMBAI | MONDAY, AUGUST 19, 2013

« TOP VIEW There is no question of going back to 1991. At that time foreign exchange in India was a fixed rate. Now it is linked to market. We only correct the volatility of the rupee…Then the country had only foreign exchange reserves for 15 days. Now we have reserves of six to seven months. So there is no comparison.

— Prime Minister Manmohan Singh

« BROKERAGE RECOMMENDATIONS ICICI DIRECT CALLS A ‘BUY’ ON TATA STEEL CMP: `235

Markets Crash

NSE India : CNX Nifty — Daily Market Report for: Monday (August 19, 2013) By Dominic Rebello

REVIEW OF THE PREVIOUS DAY:

The Nifty fell substantially on Friday (August 16, 2013) a net 234.45 points (4.08%) and closed at the 5507 point level. The market opened down with a gap at the 5705 points level. It then rose by a few points and registered the day’s high at the 5716 points level at 9.16 a.m. The index then declined sharply and turned into a range bound movement until 3.00 p.m. It then declined further and registered the day’s low at the 5496 points level at 3.22 p.m. and then turned into a range bound movement until closing at the day. The Nifty remained below its previous close throughout the session, moved in a range of 221 points and managed to close just above the psychologically important 5500 points level. Sentiment was extremely bearish and amongst the 50 Nifty stocks 47 were losers, while just 3 stocks closed in the green. All the sectoral indices closed in the red. Substantial selling was witnessed in consumer durables, realty, metal and banking stocks.

TECHNICAL ANALYSIS: Volume: Volume (Qty shares) increased 1.19%. This change is small and indicates a moderate participation by investors.

Market Breadth: Overall Market Breadth on the NSE was negative. Amongst all the traded stocks, 260 were gainers, 1077 were losers and 66 remained unchanged.

Slow Stochastic Indicator: The Slow Stochastic Oscillator has declined in the neutral zone.

The Slow K line in the Stochastic Oscillator is above the slow D line (positive if it continues).

RSI Indicator: The RSI fell and crossed below the 40 level and is now declining (negative if it continues).

MACD Indicator: The MACD is below zero and is declining (negative if it continues). It is below its 9-day Average (negative).

ADX Indicator & DI Lines: The +DI line is below the –DI line and both lines are diverging (negative if it continues). The ADX is flat while the Market Index is falling. No signal here.

MOVING AVERAGES (TREND INDICATORS) The index: Has crossed below its 5-day average (at 5625) Negative.

Has crossed below its 15-day average (at 5693) Negative.

Is below its 25-day average (at 5818) Negative.

Is below its 200-day average (at 5851) Negative.

All the four averages are negatively trended. Negative.

Overall Market Strength/Weakness: The indicators and oscillators discussed here are indicating a weak market with a negative bias.

Support Levels: For short-term traders the immediate main support is at the 5476 points level.

The next support is at the 5359 points level.

Resistance Levels The immediate main resistance is at the 5776 points level. The next resistance is at the 5894 points level.

Pivot Point Analysis: For intra-day traders the support and resistance levels are calculated according to the pivot point theory and are: Pivot point = 5574 (This is the level where the trend is likely to change during intra-day).

Support (1) = 5430.

Support (2) = 5353.

Resistance (1) = 5651.

Resistance (2) = 5794.

OUTLOOK FOR TODAY:

On Japanese candlestick patterns the index has formed a long blac k body c andle on higher volumes. In fac t yesterday’s candle is almost like a Black Marubozu candle.

(A Black Marubozu forms when the open equals the high and the close equals the low). This is negative. Further, the index has crossed below its 5 and 15 days moving averages in a single session. The index is now below its 5, 15, 25 and 200 days moving averages and all the four a vera ge are declining and also negat ively trended. A bearish hook forma tion is vis ible on the 5 da y moving average. The velocity para meters t oo ha ve t urned nega tive. All these indicat e a negat ive bia s and the poss ibility of a further decline unfolding. Incidentally, the index is approaching a major s upport level at t he 5 476 points level. There is a possibilit y t hat the index c ould find some s upport a nd reverse from there. However, if it declines below it, then a further decline could be expected. Investors are advised to avoid buying at present levels.

Work with strict stop losses on all positions

Disclaimer: Investment recommendations made in ‘ADC’ are for information purposes only and derived from sources that are deemed to be reliable but their accuracy and completeness are not guaranteed. ‘ADC’ or the analyst/writer does not accept any liability for the use of this column for the buying or selling of securities. Readers of this newspaper who buy or sell securities based on the information in this newspaper are solely responsible for their actions. ‘ADC’ and/or its affiliates and/or employees and/or the author, his company or his acquaintances may have interests/ positions, financial or otherwise in the securities mentioned in this newspaper.

Target `285

Tata Steel reported a healthy set of Q1FY14 numbers driven by higher realisations QoQ coupled with better-than-expected sales volumes from Indian operations. European operations also reported a robust operational performance supported by higher contractual realisations sequentially, which led to positive surprise on the margins front for Tata Steel Europe (TSE). Tata Steel India reported quarterly steel sales volume of 2 million tonne (MT) while EBITDA/tonne came in at `14172/tonne (I-direct estimate: 1.9 MT, `14035/tonne). The positive surprise came in from European operations wherein the company reported EBITDA/tonne of `2475/tonne (US$44/tonne) sharply higher than our estimate of `280/tonne (US$5/tonne). During the quarter, the total operating income stood at `32804.8 crore, lower by 3.0% YoY & 5.3% QoQ. The EBITDA margin during the quarter stood at 11.2% while the consequent EBITDA stood at `3688 crore (I-direct estimate: 9.1%, 2949.4 crore). On the back of deferred tax credit (`415.2 crore) on its overseas subsidiaries the consequent PAT came in at `1139 crore. Improving operational efficiencies at TSE bode well for the company. However, its sustenance, going forward, will be the key parameter to look out for. We also believe Tata Steel India will steadily increase its contribution towards the company’s profitability at the consolidated level, going forward. We continue to maintain BUY rating on the stock with a target price of `285.

On a consolidated basis, the Tata Steel group’s deliveries stood at 6.08 MT. In Q1FY14, Tata Steel India posted EBITDA of `2834 crore (EBITDA margin of 30%) while Tata Steel Europe reported an EBITDA of `777 crore.

Tata Steel India to drive growth, Tata Steel Europe to consolidate: The company is witnessing a significant shift in its business composition wherein notable capacity expansion is being carried out in the high margin domestic business segment. At TSE, the company completed upgradation of two key facilities in Q4FY13, which resulted in improved performance in Q1FY14. We have revised upward our TSE EBITDA/tonne assumptions for FY14E from US$15/tonne to US$20/tonne. We continue to maintain BUY rating on the stock with a target price of `285.

ANGEL BROKING CALLS A ‘BUY’ ON M&M

CMP: `855 Target `1,011 Mahindra and Mahindra (MM) reported a mixed performance for 1QFY2014. The operating performance was slightly lower than our expectations due to sequential decline of 3.7% in net average realization.

However, the bottom-line at `938cr was ahead of our estimates of `850cr, driven by a sharp increase in other income aided by maiden dividend of `70cr from Mahindra Vehicle Manufacturers Ltd (MVML). The overall results were driven by an impressive performance of the farm equipment segment (FES) following strong growth in tractor volumes (up 25.2% yoy) even though the automotive segment (AS) posted muted results. We lower our volume assumptions for the AS due to downward revision in utility vehicle (UV) volumes. We now expect UV volumes to decline 6% yoy in FY2014 against a growth of 6% assumed earlier. We retain our positive view on MM given its diversified business which we believe will help the company to face the macroeconomic challenges better than its competitors. We maintain our Buy rating on the stock.

Strong growth in FES offsets slowdown in AS: The top-line registered a 7% yoy growth (down 4.4% qoq) to `10,023cr led by 6.4% yoy (down 0.7% qoq) growth in volumes and 0.6% yoy growth in net average realization.

The volume growth was driven by an extremely strong growth in tractor volumes on anticipation of a normal monsoon. AS volumes however, remained flat as UV sales witnessed a sharp slowdown following an increase in excise duty and also due to increase in competition.The EBITDA margin expanded 100bp yoy (74bp qoq) to 12.8%, marginally better than our expectation of 12.5%. This was on account of softening of commodity prices, cost control measures, lower share of traded goods following decline in AS volumes and also due to greater share of tractors (37.7% as against 25% yoy) in the product-mix.

Outlook and valuation: At `871, MM is trading at 13x FY2015E earnings. We maintain our Buy rating on the stock with an SOTP based target price of `1,011.

Please send all business and corporate related mails to business@afternoondc.in

20

Afternoon Despatch & Courier

MUMBAI | MONDAY, AUGUST 19, 2013

Insurance Cos Can Reject Policy Offers MANOJ ASWANI

is VP at MyInsurance Club.com

« INSURANCE

I am 30 years old and I want to buy a mediclaim / health insurance which covers existing illness (after the waiting period) and also the diseases which may occur due to the illness. Which policy covers a wide range of diseases and which company has a good customer service record?

— Manoj Patel, Andheri Most insurers which do cover preexisting diseases have a waiting period for 3-4 years. However, it is still worth taking the plan, since you would get coverage for all other ailments. The plans that you can consider now are: Apollo Munich Easy Health or Optima Restore Policy L&T Medisure prime health insurance is another good option Max Bupa Heartbeat Individual

Plan covers all all pre-existing diseases after 4 years of waiting,

I have an ICICI Pru Pension ULIP from 2006; the premium is Rs. 5000 per month. But now when I have checked my fund value that is much lower than what I have invested. This is for a period of 15 years and I am confused whether I should continue this policy or not?

— Santosh Patra, Parel Often in ULIPS, the fund value turns out to be lower than the actual premiums paid because of the charges which are levied in the initial years plus its linkage to volatile markets. A pension ULIP will have relatively lesser charges so your fund value should start looking good in a couple of years. Since you have opted for monthly mode of payment, the market fluctuations will also not impact you too much. Stay invested.

If possible, discuss your entire portfolio with a chartered financial expert and seek a holistic opinion.

I had applied for an Accident Insurance Policy with a Health Insurance Company for a cover of 50 Lakhs for myself and 10 lakhs of coverage for my wife.

Since I have been recently diagnosed with diabetes, I stated that while applying. Hence the

Key Features: Option to select from 5 annuity options to suit your specific financial needs Annuity amount payable is guaranteed for the life of the policy Flexibility to enhance the Purchase Price at inception for higher annuity installment

What you can do is apply for a Diabetic Health Insurance Policy. Star Health Diabetes Safe Insurance Policy especially designed for a specific group of people. This is a health insurance policy which covers medical expenses incurred by a person due diabetes. Protection against such an eventuality is offered by this plan for those affected by Diabetes Mellitus Type II. This is a health insurance policy for diabetic

(The author is Vice President at www.MyInsuranceClub.com, insurance comparison website in India. You may write to him at manoj@myinsuranceclub.com)

A Non-Participating, Non-Linked Immediate Annuity Plan

Annuity can be paid monthly, quarterly, half yearly and yearly.

Option I – Life Annuity Annuity is payable till you survive and terminates upon death.

Option II - Annuity Guaranteed for 5 years and for life thereafter

Category of Annuitant Minimum Maximum Aviva pension policyholders 40 Years 80 Years Nominees of Entry Age deceased (last birthday) Aviva pension policyholders 20 Years 80 Years Others 50 Years 80 Years Purchase Price Minimum: `25,000 - Maximum: No Limit Annuity Installment Minimum `500 for any of the annuity frequency chosen Annuity Frequency Yearly, Half Yearly, Quarterly, Monthly

Benefits Annuity: The following options are available for annuity payment.

application got rejected. Is this a valid and justified action? Can the Insurer reject my policy just because I had been diagnosed with diabetes?

— Ramesh Singh, Sion The underwriting of any Insurance Company is done according to their underwriting norms and internal guidelines. They would have rejected according to their guidelines and it is completely their call.

Which are the health insurance policies that offer maternity and child care benefits?

— Irfan Shaikh, Byculla Maternity and Pregnancy costs can be covered after a minimum waiting period. Individual Plans usually have a waiting period of 36-48 months.

There are quite a few Health Insurance Products which offer great Maternity Benefits. Among them you can definitely consider: Star Health Wedding Gift Insurance Policy, where along with delivery, even post-delivery complications for the mother and child, pre-natal and post-natal expenses, foetus disorder tests, etc. are paid for.

Max Bupa Heartbeat Insurance Plan, where 2 deliveries are covered.

They also cover New Born Babies and First Year Vaccinations.

Apollo Munich Easy Health Insurance Plan has a waiting period of 48 months.

« PRODUCT REVIEW: AVIVA ANNUITY PLUS PLAN

By Manoj Aswani

Overview Aviva Annuity Plus is a nonparticipating, non-linked immediate annuity plan specially designed to provide you with lifetime income during your post-retirement years.

Immediate annuities are designed to provide you with income immediately. In exchange for this lump sum premium, the insurance company pays you a stream of income as long as you live.

people. It takes care of treatment for any ailment occurred due to diabetes. Hence it is an extremely essential policy for diabetic patients to cover for the ever rising medical expenditure.

Annuity is payable for the first 5 years irrespective of survival of the annuitant. In case of the unfortunate death of the annuitant, the annuity

till the end of 5th year is paid to the nominee, and then the policy terminates. However, if the Annuitant survives the guaranteed period, annuity continues till the survival of the annuitant.

Option III - Annuity Guaranteed for 10 years and for life thereafter Annuity is payable for the first 10 years irrespective of survival of the annuitant. In case of the unfortunate death of the annuitant, the annuity till the end of 10th year is paid to the nominee, and then the policy terminates. However, if the Annuitant survives the guaranteed period, annuity continues till the survival of the annuitant.

Option IV - Annuity Guaranteed for 15 years and for life thereafter Annuity is payable for the first 15 years irrespective of survival of the annuitant. In case of the unfortunate death of the annuitant, the annuity till the end of 15th year is paid to the nominee, and then the policy

terminates. However, if the Annuitant survives the guaranteed period, annuity continues till the survival of the annuitant.

Option V - Annuity for Life increasing @ 3% per annum simple The amount of Annuity payable increases @ 3% p.a. simple rate and is payable as long as the annuitant survives.

On the termination of the policy, as Age (last birthday) Option 1 Option 2

value) by a lump sum from your savings. This will increase the Purchase Price for the policy and hence the annuity amount payable.

Sample Annuity Rates The yearly annuity rates for `100,000 of Purchase Price payable on monthly basis Annuity rate depends on the age of the Annuitant at inception of the policy and the option chosen.

Option 3

Option 4

Option 5

40

6092

6087

6078

6067

4325

60

7609

7567

7489

7403

5840

50 70

6656 9560

6641

9406

per the option selected, nothing will be payable to the nominees.

Enhance Purchase Price You have an option to enhance your pension plan proceeds (maturity

6612 9099

6580 8786

4893 7733

The annuity payable will be higher for a lower frequency. The annuity rate is multiplied by a multiplying factor to arrive at the final annuity amount payable based on the mode of annuity payment.

© Courier Publications Private Limited. All rights reserved. Reproduction in any manner, electronic or otherwise, in whole or in part, without prior written permission is prohibited.

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P

age –A1 by Cliff Anthony .

You know how one is always curious to know how “others” compare with oneself in a host of situations, professions, vocations, ambitions and goals? Journalists, those peculiar creatures who subscribe to few social constructs in a “normal” way, are actually no different. And so it was with considerable interest that I approached this book.

Written by a journalist with 25 years and several awards under his belt, Page –A1 is actually aimed at those who are either new entrants to the profession or students who cannot make up their minds about whether they want to be part of this 21st century juggernaut called media. A truly “portmanteau” word that comprises a host of jobs, both traditional and completely non-traditional, it attracts millions of youngsters all over the world each year, eager to be a part of a vocational universe that is changing the planet as I write this.

Constantly evolving with chameleon-like speed to adjust to information technology, it demands a like ability to change in its adherents. That is why there is never a dull moment to those who choose to enter. It is also the reason for much burnout, but that’s another story!

For the purpose of this book, however, set in the first decade of this century, media means journalism and in particular, print journalism struggling to make its peace with the world-wide web and rapidly evolving trends in news consumption. It is the story of young Jack Stefancic’s journey through the first year of a job in a small-town newspaper called The Crazewood Journal, the travails

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journalism is far removed from all the grandiose dreams that he once held about it, that most of it is dogged foot-slogging and doing really unpleasant stuff. But the good bits, far outweighed by the bad, are usually enough to wipe out all the unpleasant memories.

It is also a very affectionate look at the small newspaper in America now rapidly going out of business against a scenario of ramped up internet connectivity and the demand for instant gratification when it comes to news. Although very American in its ethos, Anthony manages to draw swift pictures of the quintessential newsperson with his (or her) eye on the main chance, laying bare

How they’re undoing it in Pakistan

CHILDREN

he undergoes in the newsroom and on the beat, the moral, social and economic dilemmas that he faces, all of which might sound very impressive when couched in these terms, but is really not, because Anthony brings to the work not just a sharply observed (and remembered) professional portrait, but also much humour.

So Jack starts out at first as a rookie reporter getting “crappy” assignments, facing newsroom manipulation on the very first day when a sexy colleague steals his byline. It moves on to his dismay when he realizes that “job satisfaction” doesn’t always make up for receiving a salary that keeps him at subsistence level and that

Robin Shukla | ADC

robin.shukla@afternoondc.in What’s wrong with Pakistan? by Babar Ayaz is an important book for those who live in the sub-continent, and particularly so, us Indians, though the Americans and the Chinese, and even the Afghans, could do well to peruse it and get smart and stay alert. In a way, we cannot convincingly claim not to be responsible for the creation of West and East Pakistan, either by commission or omission, because the politics of communalism and religious intolerance infested a great part of Indian polity then, as is sadly does so even today.

Somehow, secular India has largely succeeded in keeping

communal elements, whether green or saffron, at bay. Pakistan, on the hand, which was created on a religious foundation, went ahead and kept flirting with the mullahs and their retrograde concept of education only through madrasas. Today, the illiterate and semi-literate militants that were spawned from this bizarre association, with a view to targeting India, have turned inwards and have become the scourge of that floundering nation. Religious fanatics, brainless for all other purposes, are Pakistan’s own Frankenstein monsters gone mad and are destroying it from within.

From time to time, they adhere to the brief of crossing the borders into India, and unleashing death and mayhem, until security operations are conducted to snuff them out. Lives continue to be lost. This book examines the ills and hopefully may inspire some real soul searching in that nation, so that it becomes less of a threat

to itself and to the planet.

Babar Ayaz is a noted Pakistani journalist with 41 years experience. He contributes regularly and writes columns in several English, Urdu and Sindhi newspapers and magazines, and his blog site is vis-

21

the inside stories of a constant battle for revenue and the impact this has on the lifestyles and working styles of today’s journalists. And there is more than enough for readers in India to connect with as well, especially those who still remember the thrill of working in the newsrooms of a couple of decades ago, sans technology, pretty much sans infrastructure and pretty much sans the co-operation that the US takes for granted.

Page-A1 is also a look at practices and methodologies that have long been adopted in newspapers, and which are now being successfully challenged by new and social media, and in its portrayal of the modern-day realities of convergence and multi-tasking. Faced with a new managing editor who believes in emails over verbal communication, Stefancic, still being subsidized by his parents even in his new job, is told that the newspaper is going online with a vengeance, and that the staff will have to write continuously to fit the new news cycle.

Irritated at what he considers exploitation in a tight job market, he is still excited and intrigued by the opportunity to stretch his resources still further. And it pays off in increasing front page (or Page – A1) stories.

Meanwhile, Jack also has the comfort of knowing that if journalism doesn’t pay off fast enough to suit his goals, there is always his other job, as the manager of a gas station, to fall back upon. Not exciting, not as prestigious, but definitely better paying. The funny thing is students of journalism are also beginning to realise that a course in journalism pretty much prepares you for a host of other openings. Perhaps not yet as gas station managers, but in the wide range of fields where getting information and communicating effectively are qualities to be prized.

If you can do this successfully in India, anywhere else is a breeze!

Published by AMC Publications LLC, Cleveland, Ohio.

Page-A1 is available at area bookstores upon request. Price: $14.95 ( Rs.800). It is also available at Amazon ($14.95) and on Kindle: $5.95 (Rs. 350).

ited by many who are concerned about the subcontinent. Ayaz writes most fearlessly, openly indicating in the Preface, that Pakistan has only itself to blame for its emerging status as an international pariah. What this nation is facing today is the logical outcome of the dangerous policies of the past. While the mullahs have been mainly guilty, it was General Zia who precipitated matters when he converted the prevailing political Islam into militant Islam. As a consequence, religious intolerance increased and culminated in the ‘Islamic jihad’ that saw extremists, armed by the US and Saudi Arabia, pour into an Afghanistan overrun by Soviets.

The repercussions are being experienced more in Pakistan than in any other region or nation it has targeted, and the Pakistani government and the American leaders have stupidly led this region to the present explosive situation.

What’s wrong with Pakistan?

by Babar Ayaz Hay House India Rs.599

22

MAN ON A LEDGE

TV GUIDE

TODAY’S BEST VIEWING

An ex-cop turned con threatens to jump to his death from a Manhattan hotel rooftop. The nearest New York Police officer immediately responds to a screaming woman and calls dispatch. More Officers arrive with SWAT and tactical command along with fire-fighters.

The police then dispatches a female police psychologist personally requested to talk him down from the ledge. However, things aren’t as straightforward and clearcut as they appear to be. HBO, 9 p.m.

KEHTA HAI DIL JEE LE ZARA

SOAPS & SERIALS

In tonight’s episode, the episode opens with a morning scene where Aaji and Nani are discussing a long list of delicacies to welcome Shivam’s family. Saanchi is a little uneasy about their preparations for the evening. She goes to the market to buy vegetables where she meets Dilshaad. Dilshaad is distributing pamphlets to get a young, dashing, handsome boy as her paying guest. Here we also introduce Yadav Ji, an old servant of the Prabhu’s who has been there since Saanchi’s dad’s times.

Dhruv’s (DV) car breaks down and he doesn’t get a lift from anyone. Hence he fakes a heart-attack when Saanchi is driving by just to get a lift from her. Saanchi falls for the trap and gives him a lift. When she realizes what Dhruv has done, she is very upset with him. Due to the incident, she reaches her office late and is all the more furious at Dhruv. At Prabhu Niwas, it is revealed that the boy who has come to see Saanchi is actually Dhruv. Sony T V, 9.30 p.m.

SARASWATI CHANDRA

Kumud and pramaad prepare to leave from Kumuds house, where Vidhya chatur and dukhba both warn pramaad indirectly.

While on the road, kumud and pramadh are attacked by goons.

Saras saves Kumud and Pramad from goons. Dukhba and family decides that kusum will go to kumuds sasural to keep a check on her. Star Plus, 7.30 p.m.

THROUGH THE WORMHOLE WITH MORGAN FREEMAN

Academy Award winning actor and space enthusiast Morgan Freeman executive produces, hosts and narrates this exploration of the greatest mysteries of the universe in THROUGH THE WORMHOLE WITH MORGAN FREEMAN. Watch this fascinating series as it explores the mystery about our universe. Discover y Science, 9 p.m.

JHILMIL SITAARON KA AANGAN HOGA

Khushi breaks down and begs her father to let Angie back home and allow her to stay with them till she recovers. Soumya

HOT SHOTS! PART DEUX

Kehta Hai Dil Jee Le Zara, Sony TV, 9.30 p.m.

is left in a dilemma. Seeing this, Angana comes and tries to makes him understand that Khushi’s well being is more important right now than any rules. Sahar a On e, 9 p.m.

GATOR BOYS

Paul and Jimmy defy death capturing alligators. Paul is known for his commanding personality and unmatched skill capturing any-sized gator underwater with his bare hands. And Jimmy has been gator wrestling since he was 11 years old, giving him the ability to stay quick on his feet and handle dangerous reptiles with ease. In the second season of GATOR BOYS, Paul and Jimmy are fishes out of water - taking up residence at Gulf Coast Gator Ranch in Moss Point, Mississippi. The guys quickly learn that Mississippi gators won’t be showing them any Southern hospitality - the reptiles are bigger and meaner, which means the captures are even wilder. D iscovery, 10 p.m.

DEXTER

Drama -Thriller- Dexter discovers the man who killed his mother, before his young eyes, is still alive. When he shares this information with Lila, she suggests he face the man, as part of his “steps” to addiction recovery. Bi g CBS Love, 10 p.m.

MOVIES OF THE DAY

Topper Harley is found working as an odd-job-man in a monastery. The CIA wants him to lead a rescue mission into Iraq, to rescue the last rescue team, who went in to rescue the last rescue team who... who went in to rescue hostages left behind after Desert Storm. The President is Tug Benson, who also likes to be in on the action. Basically, it's a send-up of all the big shootem-up Rambo/Robocop/T2/Commando-type movies. Star Mov ies, 10.50 p.m.

DON NO. 1

Surya is an orphan who rescues some street children from the clutches of a drug peddler. They all become his followers and Surya grows up to become a Don. Raghava assists the Don with his work, and Surya treats him as his younger brother. This Don is different from the other Dons. He is good-natured, honest, smart and handsome. He helps people in distress and ensures that everybody is happy in his kingdom. Max, 9 p.m.

ANJAANE — THE UNKNOWN

The chief protagonists are Shivani and Aditya, a married couple with 2 children, Tanwi Gouri Mehta and Anand Mehta. They are wealthy and live in a mansion. Their idyllic life is shattered with the arrival of Sonia, who has an affair with Adiyta. Eventually, Aditya leaves his family for Sonia, leaving the wife and two kids alone. When it is found out that Sonia is barren, Aditya demands custody of his children from Shivani and approaches the courts for a custody battle. Eventually, the courts rule against Shivani and award custody to Aditya and Sonia. The movie changes it’s ambiance from the family dispute to one of suspense and horror shortly after. Filmy, 6 p.m.

COLD CREEK MANOR

A family relocates from the city to a dilapidated house in the country that was once a grand estate. As they begin to renovate the place they discover their new home harbors secrets, conceals a horrific past, and may not be free of the former inhabitants completely. Starring Dennis Quaid, Sharon Stone, Stephen Dorff. Zee Studio, 10.30 p.m .

MEAN GIRLS

Afternoon Despatch & Courier

Raised in African bush country by her zoologist parents, Cady Heron thinks she knows about survival of the fittest. But the law of the jungle takes on a whole new meaning when the homeschooled 16-year-old enters public high school for the first time and encounters psychological warfare and unwritten social rules that teenage girls face today. Pix, 9 p.m.

PAGLA KAHIN KA

Hot Shots! Part Deux, Star Movies, 10.50 p.m.

Sujit started having mental problems when he was six years after visiting his dad, Ajit, at a mental asylum. Thereafter he kept on getting into trouble, and even ran away from the orphanage.

Years later a Musician and Singer, Shyam, found Sujit singing on the roadside, and decided to hire him as a singer in a nightclub.

This is where Sujit meets dancer, Jenny, and both fall in love with each other. When they announce their plans to get married, the news does not auger well with the nightclub’s owner, Max, an argument ensues, Max draws a gun, and Shyam ends up killing Max. Sujit decides to take the blame, is arrested by the police, he feigns insanity, and is ordered to be admitted in a mental asylum until he recovers. CVO, 2 p.m,

SUHAAG

Collegian Ajay Sharma was born on 2nd April 1968 and lives in Bombay with his widowed mom, Asha. He is friendly with fellow-collegian, the wealthy Raj Sinha, and both often end up getting beat-up by goons and Madhu (Raj’s girlfriend) respectively.

After they graduate from college, Raj’s maternal uncle asks Ajay to bring his birth certificate so that he could make his passport and find work for him in a department store in Canada. Ajay goes home to look for his birth certificate, but is unable to locate. His mother makes a show of helping him, but instead tears a document and tosses it outside. Ajay puts the document together and finds out that his real name is Ajay Malhotra, his father, Dr. Ravi Malhotra, is still alive, serving a life sentence in prison for killing and stealing a patient’s organs. Star G ol d, 9 p.m .

www.afternoondc.in

MUMBAI | MONDAY, AUGUST 19, 2013

STAR PLUS

P.M. 2.00 Ek Nanad Ki Khushiyon Ki Chaabi..Meri Bhabhi 2.30 Diya Aur Bati Hum 3.00 Pyar Ka Dard Hai Meetha Meetha Pyara Pyara 3.30 Yeh Rishta Kya Kehlata Hai 4.00 Saraswati Chandra 4.30 Diya Aur Bati Hum 5.00 Junior MasterChefUstaadon Ka Tadka 5.30 Pyar Ka Dard Hai Meetha 6.00 Ek Veer Ki Ardaas-Veera 6.30 Ek Gahr Banaunga 7.00 Saath Nibhaana Saathiya 7.30 Saraswati Chandra 8.00 Ek Nanad Ki Khushiyon Ki Chaabi..Meri Bhabhi 8.30 Ek Hazaaron Mein Meri Behnaa Hai 9.00 Diya Aur Bati Hum. 9.30 Yeh Rishta Kya Kehlata Hain 10.00 Pyar Ka Dard Hai….

10.30 Ek Veer Ki Ardaas – Veera 11.00 Saraswati Chandra P.M. 2.00 3.00 4.00 4.30 5.00 6.00 7.00 8.00 8.30 9.00 10.00 11.00 P.M. 2.00 3.00 5.00 6.00 7.00 8.00 9.00 10.00 11.00 P.M. 2.00 3.00 4.00 5.00 6.30 7.00 7.30 8.00 9.00 10.00 P.M. 2.00 2.30 3.00 3.30 4.00 6.00 6.30 8.00 8.30 9.00 9.30 10.00 10.30 11.00

LISTING

2.30 Punarvivaah 3.00 Sapne Suhane Ladakpan Ke 3.30 Pavitra Rishta 4.00 Qubool Hai 4.30 Pavitra Rishta 6.00 Jodha Akbar 7.00 Aaj Ki Housewife 7.30 Sapne Suhane Ladakpan Ke 8.00 Jodha Akbar 9.00 Pavitra Rishta.

9.30 Qubool Hai 10.00 Connected Hum Tum 10.30 Punarvivah 11.00 Jodha Akbar P.M. 2.00 7.30 8.00 8.30

LIFE OK

Best of Savdhaan India Gustakh Dil Devo Ke Dev Mahadev Savitri

11.00 Rishton Ke Bhawar Mein Uljhi Niyati P.M. 2.00 3.00 3.00 3.30 4.00 4.30 7.30 8.00 8.30 9.00 9.30 10.00 10.30 11.00

SAB TV

Taarak Lapataganj-Ek Baar Phir FIR Gutur Goon 2 Baal Veer Lapatagani Jeanie Aur Juhu Baal Veer Taarak Chidiyaghar Jeanie Aur Juju Lapataganj-Ek Baar Phir FIR Taarak Mehta

ZEE MARATHI

P.M. 2.00 Tu Tithe Mee

P.M. 2.00 3.00 4.00 4.50 5.15 6.00 7.00 8.00 9.00

1001 Nights Transformers Prime Wild Kratts Amazing Spiez 1001 Nights Sally Bollywood The Adventure sof Tintin Transformers Prime Wild Kratts 1001 Nights

SCIENCE

Monsters Inside Me Deadly Descent Heavy Metal Task Force Food Detectives How It’s Made War Zone: G I Factory Weaponology How It’s Made Through The Wormhole with Morgan Freeman

One Tree Hill Glee 2 Broke Girls Big Bang Theory Revenge One Tree Hill Grey’s Anatomy 2 Broke Girls Big Bang Theory Revenge One Tree Hill Breaking Bad

ZEE CAFÉ

Pretty Little Liars Just for Laughs Lost Pretty Little Liars Body of Proof The Big Bang Theory Lost Pretty Little Liars Body of Proof

BIG CBS LOVE

90210 Game Dexter Game 90210 Entertainment Tonight Rules of Engagement Game 90210 Dexter

SONY TV

Maharana Pratap Bade Acha Lagte Hai Chhanchan Jee Le Zara Crime Patrol Dastak Jee Le Zara Indian Indol Junior Anamika Amita Ka Amit Chanchhan Jee Le Zara Maharana Pratap Bade Achhe Lagte Hai Crime Patrol

ZEE TV

Saraswati Chandra, Star Plus, 7.30 p.m.

9.00 Do Dil…Ek Jaan 9.30 Junoon-Aisi Nafrat, To Kaisa Ishq 10.00 Kaisa Yeh Ishq Hai-Ajab Sa Risk Hai 10.30 Savdhaan India P.M. 2.00 2.30 3.00 3.30 4.00 4.30

6.00 6.30 7.00 7.30 8.00 8.30 9.00 9.30 10.00 10.30 11.00

COLORS

Sasural Simar Ka Balika Vadhu Madhubala….

Mrs Pmmi Pyarelal Bani Ishq da Kalma Comedy Nights with Kapil Balika Vadhu…

Uttaran Mrs Pammi Pyarelal Sasural Simar Ka Balika Vadhu Madhubala Sanskaar…

Na Bole Tum… Uttaran Bani – Ishq da Kalma Balika Vadhu

SAHARA ONE

P.M 2.00 Rishton Ke Bhawar Mein Uljhi Niyati 2.30 Jhilmil Sitaron ka Aangan Hoga 3.00 Awaargi: Film. Anil Kapoor 6.00 Piya Ka Ghar Pyaara Lage 6.30 Haqeeqat 7.30 Best of Haunted NightsKaun 8.00 Piya Ka Ghar Pyaara Lage 8.30 Jai Jai Jai Bajarangbali 9.00 Jhilmil Sitaron Ka Aangan Hoga.

9.30 Rishton Ke Bhawar Mein Uljhi Niyati 10.00 Haunted NightsKangann 10.30 Jai Jai Jai Bajarangbali.

Jhilmil Sitaron Ka Aangan..., Sahara One, 9 p.m.

2.30 Tuze Maze Jamena 3.00 Honnar Suun Me Hya Gharachi 3.30 Radha Hi Bawri 4.00 Ekapeksha Ek 5.00 Tu Thithe Mee 5.30 Honnar Suun Me Hya Gharachi 6.00 Tuze Maze Jamena 6.30 Home Minister 7.00 Tu Tithe Mee 7.30 Radha Hi Bawri 8.00 Honnar Suun Me Hya Gharachi 8.30 Mala Saasu Havi 9.00 Tuze Maze Jamena 9.30 Eka Peksha Ek 10.30 Radha Hi Bawri 11.00 Honnar Suun Me Hya Gharachi

ANIMAL PLANET

P.M. 2.00 River Monsters 3.00 Animal Planet’s A to Z 4.00 Echo and The Elephants of Ambose 4.30 Orangutan Island 5.00 Animal Strategies 6.00 Wildest Islands 7.00 Animal Strategies 8.00 River Monsters 9.00 Yeh Mera India 10.00 Animal Planet’s A to Z 11.00 Biggest and Baddest P.M. 2.00 3.00 4.00 5.00 6.00 7.00 7.30 8.00 9.00 9.30 10.00 11.00

DISCOVERY

Wonders of Life North America Duel Survival Man Woman Wild Mutant Planet Food Factory What Happened Next North America Full Force Nature Factory Made Gator Boys Man vs Wild

DOORDARSHAN

DDI (Main Channel)

News in Marathi Katha Sarita Runanubandha Tiwlya Bawlya Bhumika Kashya Andharlya Wata News in Marathi Thatta Nashibachi Sata Janmachi Punyai Krishi Varta AMAM News in Marathi.

News Samachar Sabse Bade Ladaiya Pehchan, Astiva Ki Talaash

MOVIE CHANNELS

P.M 12.45 2.30 4.28 6.40 9.00 10.50 A.M. 8.10 10.32 P.M. 12.45 2.40 4.40 6.38 9:00 11.10 A.M. 7.40 9.55 11.57

STARMOVIES

The Bourne Legacy Johnny English X Men Origins: Wolverine Gone in 60 Seconds Men In Black II Hot Shots! Part Deux

The Next Karate Kid Friends with Benefits

HBO

Wrath of the Titans The Assassins Gone The Three Musketeers Man On A Ledge Ong Bak 2: One Man Army

Rock of Ages The Assassins Ong Bak 2: One Man Army

ZEE STUDIO

P.M 1.00 Back To The Future II 3.30 Red Dragon 6.20 One Hundred And One Dalmatians 8.00 The Sorcerer’s Apprentice 10.30 Cold Creek Manor A.M. 10.10 Confessions of A Shopaholik

STAR WORLD

P.M. 2.00 Qubool Hai

P.M. 2.30 3.00 3.30 4.00 4.10 4.35 5.00 5.05 5.30 6.00 6.30 7.00 8.00 8.15 8.30 9.00

DISCOVERY KIDS

P.M. 2.00 3.00 4.30 5.00 6.00 7.00 8.00 9.00 10.30 11.00

DDII (Metro Channel) News in Hindi.

News.

Sports News Repoter’s Diary Samachar.

The News.

Samachar.

Rajyon Se Samachar.

Metro Scan Business Wrap Khel Samachar Focus

HISTORY

P.M. 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00 10.30 11.30

Modern Marvels History Untamed Daredevils: Ice Man Ice Road Truckers Invention Intervention Spiderman Tech History Untamed Tamas Pawn Stars Ancient Aliens Invention Intervention

P.M. 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00 11.00

Secrets of the Taj Mahal Megacities Most Amazing Moments Dangerous Encounters Wild Russia Most Amazing Moments Mega Factories Taboo Emergency Room Taboo

NAT GEOGRAPHIC

STAR CRICKET

P.M. 2.00 Aus Tour of England 2013 2.30 Champions Ka Champion 3.00 ICC Champions Trophy 2013 h/ls 4.30 Aus Tour of England 2013 5.00 Jai Ho 5.30 Eng Tour of India 2012 h/ls 6.00 Aus Tour of England 2013 7.30 England Tour of India 2012 8.00 Jai Ho 9.00 Superstar Football 9.30 T20 Dhamaka 10.00 ICC Champions Trophy 2013 h/s 11.00 Jai Ho

ESPN

9.30 Saraswatichandra 10.30 Yahan Ke Hum Sikandar 11.00 SHAMA: Film. Girish Karnad, Shabana Azmi P.M. 2.00 2.30 3.00 3.30 4.00 4.30 5.00 5.30 6.05 6.30 7.05 7.30

10.00 Deadliest Tech 11.00 Monsters Inside Me

Shama, DDI, 11 p.m.

8.00 8.30 9.00 10.00 10.30 11.05

Samachar News in Hindi.

Samachar Charcha Main Aankhon Dekhi Khel Samachar

P.M. 12.00 MotoGP World C’ship 2013 3.30 Pak Tour of India 2012/13 4.00 Jai Ho 4.30 Indian Badminton League 13 h/ls 5.30 Jai Ho 6.00 Cham;pions Ka Champion 6.30 ICC World Twenty20 2013 7.00 T20 Dhamaka 7.30 Smash 7.50 Indian Badminton League 2013 11.30 Smash

P.M. 1.26 3.05 4.47 7.02 9:00 11.03 A.M. 8.28 10.35 P.M. 2.55 6.25 9.00 11.50 A.M. 9.50 11.45

PIX

Paranormal Activity The Pink Panther 2 Original Sin Resident Evil: Retribution Mean Girls Rocky Balboa

Sachin, Supriya 3.00 Natrang: Atul Kulkarni 6.00 Aashi Hi Fasali Nanachi Tang: Mohan Joshi 9.00 Nishani Daava Aangtha: Ashok Saraf

CARTOON NETWORK

P.M. 1.30 R21 and the Quest for Swarnamani 3.00 Oggy Special Oggy Billa Bol Halla Bol 4.30 Adventure Time 6.00 Oggy Special Oggy Billa Bol Halla Bol 7.30 Bas Karo Henry 8.00 Roll No 21 9.00 Ben 10 Ultimate Alien 10.00 Johnny Test 11.00 Adventure Time A.M. 8.00 Obbochama-Kun 9.00 Roll No 21 10.30 Tom and Jerry Shiver me Whiskers

POGO

P.M. 1.00 Chhota Bheem Marathon 2.30 Once Upon A Time In Dholakpur Special 4.00 Mr Bean 5.30 Chhota Bheem Marathon 7.30 Mighty Raju in ARyanagar Underwater 9.00 Chhota Bheem

True Legend The Pink Panther 2

STAR GOLD

Farze Khichdi: The Movie Suhaag Virodhi Dhamkee Main Hoon Na

Mean Girls, Pix, 9 p.m.

MAX

P.M. 2.00 Ek Aur Rakshak: Nagarjuna, Ravi Teja 5.30 Sainik: Akshay Kumar 9.00 Don No 1: Nagarjuna A.M. 7.00 Yaadon Ki Baarat: Dharmendra 10.30 Hisss: Jeff, Doucette P.M. 2.00 6.00 9.00 A.M. 11.20

ZEE CINEMA

Haatimtai: Jeetendra No Problem: Anil Kapoor Sharaabi: Amitabh Bachchan

Naseeb Apna Apna: Rishi Kapoor

CVO

P.M. 2.00 Pagla Kahin Ka: Shammi Kapoor 5.30 Tantra Mantra: Prithvi Raaj 9.00 Farz: Jeetendra, Babita A.M. 9.30 Resham Ki Dori: Dharmendra, Saira Bano

FILMY

P.M. 12.00 My Name Is Anthony Sonsalves: Amrita Rao 3.00 James: Mohti Ahlwat 6.00 Anjaane: Sanjay Kapoor 9.00 Pyar Ki Takkar: Sarath Kumar A.M. 9.00 Atishbaz: Shatrughan Sinha, Anita Raj P.M. 12.00 4.00 8.00 A.M. 8.00

B4U

Agnivarsha: Raveena Tandon Plan: Sanjay Dutt, Priyanka C Black Don: Mohanlal Annadata: Jaya Bhaduri, Anil Dhawan

ZEE TALKIES

P.M. 12.00 Navra Maza Navsacha:

All programmes on this page are as per the official schedules of the various channels. Afternoon is not responsible for any last minute changes.

Cold Creek Manor, Zee Studio, 10.30 p.m.

9.30 10.00 10.30 11.00 A.M. 8.00 8.30 9.00

Pokemon Takeshi’s Castle Sunaina MAD

Thomas and Friends Galli Galli Sim Sim Kaalia Ustaad Special 10.00 Phir AA Gaya Kaalia Special P.M. 2.00 3.00 3.30 4.30 5.00 8.00 8.30 9.00 9.30 10.00 10.30 P.M. 1.30 4.30 5.00 5.30

6.30 7.00 8.00 8.30 9.30

DISNEY CHANNEL Doraemon Hamtaro Phineas and Ferb Art Attack Doraemon Best of Luck Nikki Disney Q S 2 Shake It Up Best of Luck Nikki Slokk Disney Q S 2

DISNEY XD

Kiteretsu Splatalot Super Robot Iron Man Armored Adventures Spiderman Phineas and Ferb Ultimate Spiderman Hulk VR Troopers

23

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, AUGUST 19, 2013 What is the theme of the show?

Adjustment in a marriage is a universal topic as all around us we see couples striving hard to have a harmonious relationship with their spouses. Adjustment in the relationship occurs between an individual and the environment that he/she lives in. Couples face difficulties when they have to share their lives with a partner who was raised with different values, morals and rules.

Whether united by love or an arranged marriage, the adjustment period of a marriage is the crucial litmus test of a relationship.

Where is the story set?

The story unfolds in Jodhpur where Shivani and Raghu share a master–servant equation respectively.

Hailing from two very different strata of society, Shivani is a privileged girl who lives a luxurious life with her grandfather Balwant Chauhan. He is an overprotective guardian, who has an aide in the house named Raghu. Circumstances conjure up a situation where Shivani, the girl born to riches is married to an underprivileged Raghu. Like the old saying, ‘life happens to you while you were busy making other plans’, the story traces the journey of Shivani, her adjustment with a man who she always thought of as her grandfather’s right hand man and now she has to accept him as her life partner. It’s her struggle to adapt in a household and a lifestyle that is diametrically opposite from what she is used to.

What is the character of Shivani like?

Born and raised in Jaipur, Shivani Rana was born into a family on the fringes of Rajasthani royalty. The 20year-old has been brought up by her paternal grandfather ‘Daaju’ after she lost her parents in a plane crash. Owing to an overtly-

MANASI’S ‘PRINCESS’ ACT!

Mansi Shrivastava, who was recently seen essaying the lead in the post leap story of ‘Rab Se Sohna Isshq’ and earlier seen in Channel [V]’s ‘Suvreen Guggal–Topper of the Year’, will now be seen in Zee TV’s forthcoming show premiering on August 12 at 8:30 pm, ‘Do Dil Bandhe Ek Dori Se’. Sandeep Hattangadi spoke to the petite Mansi at the launch of the show.

protected upbringing, Shivani has been totally unaware of the harsh realities of the world outside like human greed and connivance, abject poverty, hard labour etc. On turning 18, Shivani was betrothed to her childhood best friend Abhimanyu. With starts in her eyes, she looks forward to a grand wedding and a dream marriage with him. However, when Abhimanyu’s selfish, conniving side is exposed, Shivani is emotionally traumatised–as she had never before witnessed such deviousness and greed among people. After her marriage to Raghu, a lower-middle-class employee of her grandfather, will Shivani be able to adjust to the relatively deprived lifestyle in his house and surroundings?

Who are your co-stars on the show?

Producer Kalyan Guha and his wife Rupali of Film Farm Productions have signed on an impressive cast for the show. Arhaan Behl will enact the role of Raghu. Shivani’s grandfather will be enacted by veteran actor Alok Nath as Balwant Rana. Rucha Gujarati and Vikas Sethi will be seen as Mahima and Jaswant Rana (Shivani’s brother-in-law and sisterin-law) respectively. Newcomer Akshat Gupta will be seen as Shivani’s fiancé, Abhimanyu Sanghi.

How was it like working on the show?

An opportunity to work with the very popular and talented Arhaan Behl and a veteran like Alok Nath is a huge opportunity for me.

Shivani is like a princess in a fairytale who is pampered by her grandfather.

She has grown in the lap of luxury and has always been protected by her grandfather from the grim realities of life. However, one day, her life changes forever!

Manasi Shrivastava is looking for good days ahead.

Aanchal Munjal - the new Gautami Gadgil Kapoor returns!

Pihu in ‘Bade Acche Lagte Hain’ T

By Sandeep Hattangadi

By Sandeep Hattangadi

nervous because younger Pihu (Amrita Mukherjee) was anchal Munjal has loved a lot. The audience loves her (even now)”, entered popular TV show ‘Bade Aanchal says on the set of the show Achhe Lagte Hain’ as a grown-up Pihu ‘Bade Achhe Lagte and the 16-year-old Hain’. is nervous and “I hope that they also accept this Pihu hopes she too gets the same love and af(me) and love her as fection from the viewers much as they loved the that Amrita Mukherjee re- younger Pihu”, she added. ceived as the younger Pihu. Aanchal, earlier seen as Raavi The show, produced by Ekta in ‘Parvaarsih-Kuch Khatti Kapoor's Balaji Telefilms, has Kuch Meethi’, hopes to learn taken an eight-year leap and from senior actors like Sakshi Amrita, who played five-plus Tanwar and Ram Kapoor, Pihu, has been replaced by who play her parents in the Aanchal. “I am feeling very show.

A

he beautiful Gautami Kapoor has been missing from action and away from the lights for a while now. She had taken time away from her television career on getting married to popular actor Ram Kapoor. Looks like acting has called her yet again and Gautami will now be seen in Zee TV’s show ‘Khelti Hai Zindagi Aankh Michauli’. Produced by Zee’s very own in-house production arm Essel Vision, the show tells the story of Ami, an average adolescent girl-not the brightest student, not a champion

at sports, no special talents to boast of. Far from perfect, she is unpredictable, inconsistent and often misunderstood.

Naturally, all hell broke loose for Ami when she lost him two years ago!

Gautami Kapoor confirmed the news, saying, “I have been signed on to play the role of Shruti, the mother of Ami. The show tells a very touching story of a girl finding her path in life once her father, the only man who truly understood her, passes away. I liked the way Shruti’s relationship with Ami has been layered and the treatment the show has been given”. Welcome back Gautami!

TV TATTLES Anokhi Kavita

As preparations for ‘SAB Ke Anokhe Awards’ are in full swing, we hear that nominees across categories have been resorting to various means for garnering viewer votes. Well, Kavita Kaushik definitely is ahead in the game. She plays a Dabbang Police Officer Chandramukhi Chautala on FIR takes on this election. Word is that she has pulled out her biggest artillery to contest this election – her father, who is a Police Officer himself! He has designed the master plan and unique strategy to help Kavita get the highest number of votes.

Women achievers awards

Zee Marathi takes pride in announcing ‘Uncha Maza Zoka Puraskar 2013’, an unusual step taken by Zee Marathi in recognising the women achievers of Maharashtra. Zee Marathi had launched a serial called ‘Uncha Maza Zoka’ based on the life and mission of great social reformer Ramabai Ranade. The awards have been adjudged by an esteemed panel of experts; noted journalist & Editor-in-Chief of Divya Marathi, Kumar Ketkar, Ex-Vice-Chancellor Snehalata Deshmukh and noted writer Vijaya Rajadhyaksha and features women from varying fields including education, healthcare, sports, arts & literature, science, environment, entrepreneurs etc.

CNN’s royal interview

CNN’s Royal Correspondent Max Foster sat down for the first interview with Prince William since he and his wife, the Duchess of Cambridge, welcomed their first child. Prince William reflects on becoming a new parent and how it has forever changed him. The Royal Family has worked on conservation in Africa for generations. The Prince discusses how he is continuing the tradition. His love of Africa and its endangered species were instilled in him by his father Prince Charles, and late mother Princess Diana. The Duke of Cambridge also highlights some of the incredible work done by individuals in the area of conservation including Tusk. As a new father, the Prince says his hope that one day his son can experience the same Africa that he and Prince Harry did as young boys.

Madhura plays lawyer

Madhura Naik is all set to enter Star Plus’ popular show ‘Ek Nanad Ki Khushion Ki Chabhi… Meri Bhabhi’. She will be seen playing a sophisticated and suave divorce lawyer Jaspreet, who will help Shraddha (played by Kanchi Kaul) file a divorce case against Bobby. She tells her family that she’s made up her mind to seek a divorce. The very supportive Shergill family immediately gets into action mode to look for a lawyer and thus enters the beautiful Madhura Naik to their rescue. Madhura delightedly says, “I’m quite excited about the role as I’ve never played a lawyer before. Also, my character Jaspreet is very positive and will evolve eventually with various shades ahead.”

Foodie show

‘Zee Khana Khazana’, India’s first 24hour food channel has announced their new show, ‘World of Food’, for the food and lifestyle enthusiasts who want to know about the culinary and lifestyle world. It will serve as the ultimate destination to keep you updated with the new and latest happenings in your city. The show will feature everything from luxury living, to new products, book launches, exciting new restaurants and lots of fabulous food. This exciting, bi-monthly show will ensure that you have your fingers on the pulse of the exhilarating happenings of the city.

Govinda aala re!

The cast of Big Magic’s ‘Beta Hi Chahiye’ is gearing up for an elaborate Janmashtami celebration and joining the Rai parivaar on this auspicious occasion are none other than Divyanka Tripathi, Nishant Malkani and Priyal Gor among many others. Recently while shooting for the special episodes, Divyanka Tripathi, Nishant Malkani and Priyal Gor got together and their excitement knew no bounds on seeing the idol of Laddoo Gopal placed in a cradle. Revel in the festivities galore on Big Magic.

24

RIGHT HERE, RIGHT NOW

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MUMBAI | MONDAY, AUGUST 19, 2013

Political parties deal first blow to RTI Act I

f there is one thing that all major political parties agreed upon and one cause they stand united for is - protesting against the order that political parties should come under the ambit of the RTI Act. Just last week, to counter the Central Information Commissioner’s order to include major political parties under RTI Act, the United Progressive Alliance (UPA) government tabled the first ever bill in the Lok Sabha to make amendments in the historic RTI Act. Even though the idea received wide protests from the common, activists and social organisations, the Manmohan Singh government decided to introduce the ‘amendment’ bill in the Lok Sabha to exempt political parties from coming under the purview of RTI Act. The Bill tabled in the Lok Sabha proposes an amendment to Section 2 of the RTI Act which clarifies that political parties would not be treated as public authorities: “Authority or body or institution of self-government established or constituted by any law made by Parliament shall not include any association or body of individuals registered or recognised as a political party under the Representation of the People Act, 1951.”

Flaying the government’s attempt to keep political parties outside the RTI Act, former Supreme Court Judge Justice (Retd) N Santosh Hegde argued they are public bodies answerable to the masses who want to know from where they get funds from. A key member of Team Anna movement, he said one has to look at the activities of political parties holistically and it’s clear that whether they are in power or not, they are dealing with public issues.

Known for uncovering a huge illegal mining scam in the state, the former Karnataka Lokayukta said political parties are certainly involved in administration one way or other. “Fact remains that they are part of body which controls administration one way or other”.

It was more than two months back, in June, when the Central Information Commissioner had ordered six major political parties – United Progressive Alliance, Bhartiya Janta Party, Nationalist Congress Party, Communist Party of India (Marxist), Communist Party of India and Bahujan Samaj Party – be brought under the RTI Act as they were, in a way, public authorities.

“We have no hesitation in concluding that the INC/AICC, the BJP, the CPI (M), the CPI, the NCP and the BSP have been substantially financed by the Central government and therefore, are held to be public authorities under Section 2(h) of the RTI Act,” the judgement was noted.

The CIC reasoned that since these political parties receive ‘substantial’ amount of money from the central government, it makes them accountable to the public and hence

Picture for representational purpose only

The most recent amendment bill introduced in the Lok Sabha by the UPA government aims to dilute the common man’s right to information . Watch your right go, legally...writes Gajanan Khergamker

This amendment tabled in the Lok Sabha will be the first blow to the RTI Act that was introduced to arm the common man with the weapon of knowledge. they should come under the RTI Act. Political parties did not see any sense in this for obvious reasons and countered that if the political parties are brought under the RTI Act, the act could be misused by rival parties to extract confidential information.

The parties reasoned that bringing them under the RTI Act would force them to reveal their internal strategic decisions. But, instead of bringing the political parties under RTI Act and introducing amendments to protect them from having to reveal their ‘internal strategic decisions’, the UPA government decided to exempt the parties from RTI Act altogether.

It was the government fund that the CIC wanted accounting for. The whole reason behind bringing the political parties under the purview of RTI Act was to make these political parties accountable when it comes to accepting funds for their campaigns and functioning of the party.

Political parties have been speculated, time and again, to be receiving funds from questionable sources. Bringing the political par-

ties under the RTI Act would have kept a check on the funding that these political parties receive and subsequently helped in reinstating some amount of faith in public conscience.

All political parties benefit immensely from various sops offered to them for being a ‘political party,’ one of such sops being 100 per cent tax exemption on their income. It was recently reported that, due to this tax exemption, six major political parties saved more than Rs 500 crore between the years 2006 - 2009.

When calculated, out of all the political outfits, the Congress party was the one that gained that most.

It got the maximum exemption of Rs 300.92 crore. The next in line was Bharatiya Janata Party (BJP) which saved Rs 141.25 crore in taxes. Other parties that profited from the tax exemption were Bahujan Samaj Party (BSP), which saved Rs 39.84 crore, Communist Party of India (Marxist) saved Rs 18.13 crore, Communist Party of India Rs 24 crore, and the Nationalist Congress Party (NCP) Rs 9.64 crore.

Just earlier this year, an RTI application had revealed that barring

one, all other political parties in Maharashtra had not been filing their income tax returns regularly. Most of the political parties all over the nation don’t file their tax returns with the Income Tax Department on a regular basis.

The definition of public authority under Section 2(h) of the RTI Act is - any non-government organisation that is substantially financed, directly or indirectly by funds provided by the appropriate government.' And, since political parties enjoy tax benefits, land allotment and other such facilities, they should have been included under the definition of ‘public authority.’

It was also reported that, in all, the six political parties were allotted land worth Rs 456.91 crore.

But even despite wide protest from activists, organisation and political groups like Aam Aadmi Party, the UPA government got the bill cleared in the Cabinet earlier and has presented the bill before the Lok Sabha now. It is a known fact that, most of the bandhs and protests organised by political parties in the city or all over the country cost the exchequer a lot of money.

The damages to public property, losses due to the shutting-down of shops and other service providers has a huge effect on the nation’s fiscal condition, but that does not stop political parties from gaining mileage out of smallest of things.

It was reported that around 123 BEST buses were damaged in the ‘bandh’ protest called by BJP in May last year against the hike in petrol prices. And, when it came to compensating for damages, one of the BJP party leaders, also on the BEST committee, was quick to point out that the parties (BJP and Shiv Sena) that damaged the buses shouldn’t be paying the compensation for repairing the buses it should be claimed from the insurance companies. Although he graciously accepted it would cause the common man immense trouble since almost 100 buses will be off the road for around a month.

This amendment tabled in the Lok Sabha will be the first blow to the RTI Act that was introduced to arm the common man with the weapon of knowledge.

With inputs from Prerna Pandey

Readers keen on seeking help on drafting RTI applications may write in to rti@draftcraft.in or call Gajanan Khergamker on 022-22841593 for any assistance on RTI or to have their findings / issue featured on this page

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MUMBAI | MONDAY, AUGUST 19, 2013

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NOTES FROM NEW DELHI DILLI KA BABU Cracking the whip

By Anna Hazare

stitution of the country was a Lok Sabha, it has become only made, but the difficulty began a ‘sabha’, a house of parties. The he fight for Independence when political parties made a problems began from here. These started in 1857 itself. From mockery of the Constitution and parties encroached on democ1857 till 1947, lakhs of people sac- made all the interpretations of racy, violated it and finished off rificed their lives. Patriots like the Constitution according to and ended the very meaning of Bhagat Singh, Sukhdev and Ra- their calculations. It has been democracy.

Mahatma Gandhi used to say if jguru sacrificed their lives smil- said in the Constitution that in a ingly. Countrymen, after a long democratic republic, the people you want to change the country fight, gained victory over the should choose whoever they you will have to change the vilBritish and Britishers left this think is fit or qualified or worthy lage first. But these parties sidecountry. After a long period, on as their candidate and elect that lined development in villages and 15 August 1947, the country person to Parliament. But in established their own self-interemerged from the fetters of slav- 1952, when the country’s first ests. So that people don’t get orery and drowned itself in celebra- elections were held, they were ganised and stand up against tions of freedom. I have been a held on the basis of parties, them, these parties confused witness to that wonderful period: whereas in the Constitution po- rural people with caste and creed how much enthusiasm there was litical parties are not mentioned and kept them out of the system.

Democracy means that system in people. On everybody’s faces anywhere. At that time itself pothere was the glow and bright- litical parties in the country which has been woven by the ness of joy. In every house a light which were not following or abid- people. Now, because there is no was shining, but as time passed, ing by the interpretation of the role of people in it, it is not that light became dull and along Constitution should have been democracy. It is a ‘partycracy’. with that light, the enthusiasm of dismissed, because when democ- That is why I am saying that we gaining Independence has also racy has come, then what role do are not independent, we are in disappeared today from the faces sides and parties have. Mahatma the grip of ‘partycracy’.

The real meaning of democof people. Now, we are certainly Gandhi also said to the Congress celebrating Independence Day, Party that now that democracy racy is a system run with the parbut the sense and meaning of In- has come, therefore, finish off ticipation of the people. The real dependence are no longer there. sides and parties. But what hap- owners are the people, those who In the real sense, we have been pened was the opposite, the re- have been elected and sent to celebrating Independence so far verse of this and the 1952 represent the people, are the ‘seas independence from the elections were fought under par- waks’ of the people or those who British. Real freedom is still far ties and after fighting the elec- serve the people. The officers away from us, that is why coun- tions, different sides and parties who are chosen, they too are chotrymen are celebrating 15th Au- sent their people to Parliament sen to serve the people, but here gust i.e. are celebrating people from the ‘janta’, the pub- the opposite, the reverse is happening: the owner has become Independence Day, but in a half lic did not go.

We say Lok Sabha. The sense the person who serves and the hearted manner.

Why did this happen, we first and meaning of Lok Sabha is a person who serves has become need to understand this. After lib- ‘sabha’, a house of representatives the owner. If the system is workeration from the British, the Con- sent by the people, but where is it ing in reverse, then what kind of

T

Independence is this? In the name of Independence, should it just be considered that the British went away? The conditions are unchanged, just the same as before. In such a situation the question arises, why have the sacrifices and the years of struggle for Independence of lakhs of people gone waste? Come, let us take a pledge that we will not let the sacrifices of our martyrs go in vain.

If democracy has to be brought in, people will have to increase the degree of their participation.

Every voter will have to become aware and decide to take a pledge not to vote for the candidate of any party. The people of the country will have to decide and who will be the candidate will have to be finalised by the people. The people themselves will choose their candidate, the party will have no role in that. The public will choose people with character and make them their representatives. In such a situation, ‘partycracy’ or the party system, which is actually a corrupt system, will be destroyed on its own.

Among all these factors the questions are inevitable whether political parties will allow the confidence that they should choose their own candidate to ‘develop’ in the people of the country, and whether in fact so much confidence that they can choose and field their own candidate has come into people.

Independence Day No Longer Heralds a New India: What Happened to the Dreams?

Santosh Bhartiya

T

he date: 15 August 1947.

This date had wreathed the faces of every Indian of that time with smiles because we had become free from the British.

There were dreams, there was the aspiration, the desire to be rid of sorrows. There was the dream of a new India in the eyes and every person had started to walk with the assumption that rivers of

ghee (clarified butter) and milk would now flow in the country, because everybody at that time had faith in the leaders of the country. They did not have any fear of what would happen to them in the future.

15 August, 2013. Now, on this Independence Day, even after trying a lot, the mind cannot become joyous. There is no desire to hear the speech at the Red Fort.

Reading the Government advertisements seems annoying. Overall, it seems as if we have gone into such a dark tunnel into which it was not necessary to go at all. Today, which segment, which section is there in the country which is happy. It may be those who are hardworking, those who are farmers, those who are students, it may be youths who hold big, impressive degrees,

it may be those who are without degrees – useless, unemployed, or it may be Government employees with jobs – no one is happy. Looking at the sections bigger than them, the traders, the industrialists, people working in large companies, none of them are happy. It seems to everyone there is some drawback, some shortage, some deficiency somewhere. The means, the remedy to remove this deficiency cannot be seen with anyone. If anyone appears happy, then it is the group of the highest ‘class’ in political parties. They have no sorrows of any kind. Whether they are in power or in the Opposition, smiles can always be seen on their faces. They don’t grieve over losing. Defeat or losing also gives them both the same kind of thrill as a win and a share in it.

But the workers of political parties are not happy at all because their condition in their respective political parties has become like that of a broker. If they go to meet an MP, an MLA or a Minister of their own party empty handed, or if they take someone with them who cannot give any gift, then they are not given any attention there. Getting tickets is a far cry for party workers. Tickets are available first for the people of the family, then tickets for the servant, driver and ‘munim’ (clerk or book-keeper) and then for those who can purchase the ticket with the largest sum of money. That’s why Rajya Sabha MP Virender Singh without quite realising it disclosed that the price of a Rajya Sabha seat is Rs. 100 crore, but he had got it for Rs. 80 crore.

For the first time in the history of Punjab administration, two senior IAS officers will face severe consequences for their misdoings. The Union Public Service Commission (UPSC) has strongly recommended action against 1989 batch IAS officer Kripa Shankar Saroj (currently the Director, Mahatma Gandhi Institute of Public Administration) and 1986 batch IAS officer B. Sarkar (currently Secretary, Punjab Human Rights Commission). Another 1979 batch IAS officer has been let off the hook.

Saroj has been accused of acting as the MD of Punjab Agro Financial Corporation in 2004 without the proper mandate. He misused this position by releasing funds to the tune of Rs. 17.10 cr without proper verification. Shankar ignored an official will and reversed the decision of the lower courts in 2004 causing immense discomfort to one Uttar Singh of Jeonwala village in Faridkot.

Both the officers will face punishment in the form of reduced pays and postponement of future increments, hence halting their professional growth.

Headless at UPSC

Unexplained delays in filling crucial posts in the Government have become the hallmark of UPA-II, even in the evening of its term. The Union Public Service Commission (UPSC) has not had a secretary for quite a few months now, ever since Amitabha Bhattacharya was sent off to head the Staff Selection Commission early this year. But the Government doesn’t seem any closer to appointing one. According to sources, apparently the Cabinet Secretariat did choose Amarjit Singh, Additional Secretary in the Human Resources Development Ministry, for the position vacated by Bhattacharya’s exit but it appears that Union HRD Minister Pallam Raju refused to part with Singh, who is a Gujarat cadre IAS officer. Since the Minister is adamant on retaining Singh, the Government had no choice but to start the selection process from scratch.

Mantri fears IPS lobby

It speaks of the power of the babu lobbies that even mantris, sometimes, are wary of taking any action that might upset the bureaucracy. In Maharashtra, sources say, the powerful IPS lobby has been protecting some senior cops from facing action for renting out their quota flats while staying in government accommodation. Certainly the files recommending disciplinary action against such cops has been with the office of the State Home Minister R.R. Patil, but he has been hesitating to sign off on the files. The flats were acquired by the cops in Mumbai, Pune and Nashik under various schemes.

There are also many officers who have continued to occupy Government accommodation long after being shifted out of Mumbai. Apparently, the then Maharashtra police chief Arup Patnaik had recommended action against such officers but resistance from the powerful IPS lobby has stymied any such move, so far.

— By Dilip Cherian

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Afternoon Despatch & Courier

COFFEEBREAK

CRYPTIC CROSSWORD 608

ENIGMA CODE 608

ACROSS: 1 In which you've deliberately given wrong figures? (10,3) 8 Falling with some frequency? (9) 9 Try to catch at the corner (5) 11 Samoan capital tracks honey supplier (6) 12 Make something secure and take into a new position (3,1,4) 14 Drink cocktail, looking wooden (4) 15 Worsted perhaps, and the opposite still (8) 17 Live fast, make fun! (8) 18 Get steamed up over such a sore (4) 20 Not at home for the play (4,4) 21 Firm exploitin' relation (6) 23 Principles embodied in decree out east (5) 25 Abstruse material is staggering actor, I see (9) 26 Promises, but denotes only a single weapon (5,4,4) DOWN: 1 Where in America it was fashionable in the past? (7) 2 Train to mould with the tongue?

(4,4,5) 3 Promissory enterprise (11) 4 One covering end of chin in spots (4) 5 Regard a ship as possibly improving one's outlook (8) 6 River of grass? (3) 7 Helped to get yourself in the wrong with the police? (7) 10 Armies and legions deployed at his command (13) 13 Night watchmen? (11) 16 Ultimately jellyfish without

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MUMBAI | MONDAY, AUGUST 19, 2013

Each colour in our code represents a letter.

When you have cracked the code you will be able to make up seven words.

The clue to first word is given to help you get started.

The Clue: Impassioned, ardent

V V V V V

SOLUTION TO FRIDAY’S ENIGMA CODE ENLIST, INSIST, LESSEN, LISTEN, NESTLE, SETTLE, TENNIS

V V

MATH PYRAMID 608 tentacles can't hurt (8) 17 Fee I can manage for the girl I'm going to marry (7) 19 Clan yard initially cordoned off by

a short length of rope (7) 22 In France good about the ring, which is a blessing (4) 24 A small group of 504 Romans (3)

SOLUTION TO FRIDAY’S CRYPTIC CROSSWORD ACROSS: 1 Concert stage, 8 Atheist, 9 Arc lamp, 11 Abraham, 12 Emanate, 13 Laser, 14 Orphanage, 16 Loose-leaf, 19 Sushi, 21 Ant-hill, 23 Eritrea, 24 Scooter, 25 At a pace, 26 Searchlights.

DOW N: 1 Coheres, 2 Neither, 3 Extempore, 4 Tease, 5 Toccata, 6 Granada, 7 Parallel bars, 10 Premeditated, 15 Pifferari, 17 Outcome, 18 Evictor, 19 Spinach, 20 Spreads, 22 Lurch.

QUICK CROSS 608

ACROSS: 1 ___ Tamales, hard candy (3) 4 Brother, of a sort (3) 5 Hair-raising (5) 7 "Top" or "tin" follower (3) 8 Dalmatian feature (5) 10 "A" in IAF (3) 11 Not ___, later (3)

The goal of Math Pyramid is to fill the given pyramid with numbers such that the following three rules are satisfied.

1. A cell value must be sum or difference of the two cells below 2. A row cannot have duplicate numbers 3. A number cannot be less than 1 or more than the grid size

V V

FRIDAY’S SOLUTION

FRIDAY’S SOLUTION

DOWN: 1 Preliminary races (5) 2 Bireme hand (3) 3 Afflict (3) 5 Father of the Bride, actor (5) 6 Abyssinian, for one (3) 8 ___ cheese! (3) 9 'American ___', teen movie hit (3)

HIDATO 608

The goal of Hidato is to fill the grid with consecutive numbers that connect horizontally, vertically, or diagonally from first to the last number in the grid. The first and last numbers of a puzzle and a some other numbers are already filled in.

FRIDAY’S SOLUTION

MATHDOKU 608

Place numbers into the puzzle cells in such a way that each row and column contains each of the digits from 1 up to the size of the puzzle (4,5 or 6). Like a Sudoku puzzle, no number is repeated in any row or column. Each bold-outlined group of cells contains a hint consisting of a number and one of the mathematical symbols + x - /. The number is the result of applying the mathematical operation represented by the symbol to the digits contained within the domain. The solution to each puzzle is arrived at logically and is unique.

FRIDAY’S SOLUTION

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, AUGUST 19, 2013

TIGER BUD BLAKE

TODAY’S FORECAST

JAGJIT UPPAL

WIZARD OF ID PARKER & HART

B.C. JOHNNY HART

BEAU PEEP THE ADVENTURES OF LEGIONNAIRE BEAU PEEP

FRED BASSET ALEX GRAHAM

PHANTOM LEE FALK

MODESTY BLAISE PETER O’DONNELL

27

COFFEEBREAK MOON TITHI NAKSHATRA RASHI LUCKY COLOUR LUCKY NUMBER

: : : : : :

Capricorn 13th Shrvan Shuklapaksha Uttarashada Makar (Capricorn) J.Kh. Orange 5

BIRTHDAY FORECAST: Those who have recently started a new job or work could feel dissatisfied with the emoluments. They should, however, give their work a try and not to look for an alternative job immediately. Youngsters will make rapid advancement in their career, education or work through their hard work and determination.

Students appearing for tests, interviews or competitive exams will emerge successful. Personal affairs run smoothly.

BABIES BORN TODAY: Healthy, long-lived, with well-proportioned body, charming and graceful appearance. Will be refined, soft spoken and respectful. Will be responsible and settle down in a career early in life. Success and happiness is assured.

ARIES (March 21 - April 20): You will strike a good bargain getting you immediate benefits. Concentrate on your routine work, which is now, poised for a major growth. Fresh investments in new ventures should be avoided. The employed are likely to set out on a sales promotion tour with great success. Relationships with loved ones will be good.

TAURUS (April 21 - May 20): You will manage to achieve a work target. Financial position is comfortable and you can safely invest some money in securities or bonds.

Avoid speculative trading for a loss is certain in such activities. Plans for an intended journey or project will be discussed and could lead to a late night.

You will be happy by spending time with a romantic companion. The single could get a marriage proposal worth considering.

GEMINI (May 21 - June 20): New work needs more funds than planned. You are advised not to take large loans. As repaying may become a problem .You are going to have tough time managing your schedules.

Your attitude and persuasive manner will win the day at an important meeting. Casual meeting with a new person could lead to a new romantic interest. If married or in love try to curb a flirtatious tendency.

CANCER (June 21 - July 21): Good work always gets noticed and if it has not then you are about to be the limelight again.

Some of you will get a promotion, together with other benefits. You need to work hard to establish a good rapport with others. Travelers who have been away will be returning home. Your mate or beloved may plan a surprise just to be with you or be in touch.

LEO (July 22 - August 21): Keep away from any new investments today as your judgment could be biased. Personal relationships are disappointing. Don't let it bother you. You can't please everybody. Criticism will irritate you. At times you can feel quite alone and forsaken as you may be feeling neglected. You've had been unnecessarily worried about the home situation, which was not of your making nor are you responsible for it. Chill and let others sort out their problems.

VIRGO (August 22 - September 21): New business proposals lead to gain. Investments made now will grow fast but you should not hang on to gains for too long. At business meeting or on negotiation table your ideas and plans will be received well. You may have to attend social gathering to fulfill an obligation to a family member. You will meet some new interesting people.

LIBRA (September 22 - October 22): You have a fortunate day ahead and if you take a few calculated risks you can make substantial gains. If making money is on your mind go ahead and take some chances. The employed can put forward their demands, which will receive sympathetic hearing.

With a lot on your mind you may want to seek solace with your mate. You will get love support and understanding from the one who loves you.

SCORPIO (October 23 - November 21): You may be able to grab a prestigious deal in spite of tough competition. It is time to get the help of those who you can trust to see you through. With your capacity for managing things successfully you may be given charge of organizing an important event in your organization. If unattached you will soon get involved in a romantic affair, which has the making of a lasting association. Some get a marriage proposal.

SAGITTARIUS (November 22 December 20): Make the most of the good trends present in your work environment. You will get an opportunity to work on a prestigious project independently. Those associated with art or television media will be in the news.

There is marked improvement in your personal and social life. Work at bringing back the sparkle into your life. One works to create security but if there is no body to share it with it could be total waste of time.

CAPRICORN (December 21 - January 19): Concentrate on work else you could lose some money through neglect or indifference. Stay clear of fresh proposals and also from those people who are known to give unwanted advice. You are better judge of your condition and take all measures to protect your job or financial interests. At a family gathering you may not like the overtures or attention of a person who is a pest, say so in your own interest. You will not be hurting anyone.

AQUARIUS (January 20 - February 18): Good thinking and quick planning helps you to secure a contract that is likely to add to your reputation and profit. Though, certain important decisions may have to be deferred. A family get-together proves enjoyable. A religious or auspicious ceremony will be celebrated at home. Your mate or beloved may also want to spend some quality time with you.

PISCES (February 19 - March 20): You will make major decisions about work and career that will lead to gains. Your attitude will have to change for all round improvement. You will also be paying more attention to finances but make no hasty decisions. Think in terms of lasting savings and not short term profits.

28

COFFEEBREAK

QUICK CROSSWORD 4744

ACROSS: 4 Foul or noxious, very unpleasant (6) 7 One of the greatest off-spinners India has ever produced (8) 8 Pretended (6) 10 False or assumed name (5) 13 A medieval musical stringed instrument (4) 14 Dickensian villain Uriah ___ (4) 15 Dry up; burn slightly (4) 16 Shake with push or jerk (3) 17 European capital (4) 19 German river (4) 21 Be deeply felt (9) 23 Web-site language (4) 24 Aircraft Owners and Pilots Assoc. (4) 26 Document, in short (3) 27 ___ brothers : comedians not to be confused with Communism? (4) 29 The smallest animal in a litter (4) 32 Girl's name - "a mud" anagram? (4) 33 Get cracking; start fighting (3,2) 34 Composer ___ Sebastian Bach (6) 35 Arrange in a tabular form (8) 36 Ducks and ___ : children's game of making a flat stone skip along water? (6)

DOWN: 1 Talk show host Winfrey (5) 2 Count in jazz (5) 3 ___ Christian Andersen : famous fairy tale teller? (4) 4 ___ New Guinea: island north of Australia?

(5) 5 Friends' pronoun (4) 6 Done in a building like some sports (6) 9 Oscar winner for her role in The Iron Lady (6) 11 ___ Deighton : famous author of thrillers and spy novels? (3) 12 It's said to be not as lovely as a tree (5) 13 One-piece garment (7) 15 Camera type (3) 16 A plane with engines that suck in air at the front and push it out in a hot stream behind them (3) 18 Mr.Khan of Bollywood (6) 20 Fierce look (5) 21 Taiwanese cellphone manufacturer (3) 22 A wild animal like a dog that lives under-

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MUMBAI | MONDAY, AUGUST 19, 2013

SUDOKU 1930 Sudoku is a number placing puzzle based on a 9x9 grid such several given numbers.To solve a Sudoku puzzle, every digit from 1 to 9 must appear in each of the nine vertical columns, in each of the nine horizontal rows and in each of the nine boxes.

SATURDAY’S SOLUTION

Difficulty Level

CRYPTOQUIP

Today’s clue: R equals G

The Cryptoquip is a substitution cipher in which one letter stands for another.

ground (3) 23 High respect (6) 25 Social worker? (3) 28 Dad's sisters? (5) 30 Character actor __ Dutt (5)

31 ____ up : made a statement etc. more harsh or emphatic? (5) 32 Disguise (4) 33 ___ searching : a critical examination of one's actions, motives, etc.? (4)

SOLUTION TO SATURDAY’S QUICK CROSSWORD ACROSS: 1 Kerala, 5 Bib, 8 Oral, 9 Abed, 10 Retort, 11 Directory, 13 Twig, 15 Cod, 16 Ladle, 17 Based, 20 Net, 22 Fad, 23 Harem, 24 Yearn, 26 Pen, 27 Ogre, 28 Surprises, 31 Saliva, 32 Cafe, 33 Exit, 34 Pus, 35 Severe.

DOWN: 1 Karate, 2 Retailer, 3 Lord, 4 Article, 5 Bleed, 6 Bast, 7 Learned, 12 Roe, 14 Gate, 18 Afro, 19 Sanguine, 20 Natural, 21 Genesis, 24 Yes, 25 Aerate, 26 Pipes, 29 Peep, 30 Sate.

IRREGULAR SUDOKU 1749 To solve an Irregular Sudoku puzzle, every digit must appear once in: Each of the vertical columns Each of the horizontal rows Each of the regions

Afternoon Despatch & Courier

SATURDAY’S SOLUTION

A Z D

J P O G Y H

E U C A Z Y U R , Y T

U S A

B Y G G

T S

O D G Y D I D

G S U R

X S P U K D K

E T

S U

Y A

A V P A Z

SATURDAY’S SOLUTION: It is dangerous to be right when the government is wrong

Afternoon WORD MINE

C

E

T

D

A

O

O

R

T

How many words of four or more letters can you make from the letters shown in today’s puzzle? In making a word, each letter may be used once only.

Each word must contain the letter at the top of the pyramid. There should be at least one nine letter word. Plurals, foreign words and proper names are not allowed.

Today’s ratings: 30 average; 33 good; 36 outstanding.

SATURDAY’S SOLUTION: alder, aver, dare, darn, dealer, dear, deer, earl, earn, earned, elder, endear, endure, ever, lard, launder, lavender, leader, learn, learned, leer, lender, lever, lunar, lure, lured, near, neared, nerve, nerved, neural, never, rave, raved, ravel, raven, read, real, reed, reel, renal, rend, revalued, reveal, revel, revue, rude, rule, ruled, rune, under, unravel, UNRAVELED, unread, unreal, unreel, urea, veer, vernal.

HEATHCLIFF

Saturday’s

GOPICHAND DELIGHTED WITH GOOD START TO IBL

SPORTS

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MUMBAI | MONDAY, AUGUST 19, 2013

29

ness and said, "He is not the most gifted player but he has worked hard on his fitness, which would have taken him a lot of years. He is in a position to choose his matches and he has the ability to win most of his matches because of his physical fitness."

M

UMBAI: Indian badminton coach Pullela Gopichand said the IPL-style Indian Badminton League (IBL) has got off to a good start and generated a lot of interest in people.

"It is important to get a good start and the IBL has got a good start. It has created a phenomenal buzz.

The second day in Delhi saw 3,000 people," Gopichand, who is also a member of the IBL governing council told reporters here.

He felt that the infrastructure in the country has improved from what it used to be earlier, especially in the cities where National Games were held. "In Guangzhou alone there are 1,700 courts, and in Mumbai it must be 50. So infrastructure is needed but in association with

good coaches and equipment," he said.

On rising Indian shuttler P V Sindhu, who recently won the bronze medal in World Badminton Championship, he said," Sindhu is doing good. It is one thing to reach a certain level and another to go to the next level. She needs to play more matches. Her planning in the last two years has been spot on."

Asked about Thailand's Ratchanok Intanon who defeated Sindhu in the semi-finals of the World Championship before eventually winning the title he said, "She won three world junior titles in the last five years. She is very fit."

He also praised ace Chinese Olympic and world champion Lin Dan for his ability to maintain fit-

HYDERABAD HOTSHOTS TO TAKE ON HIGH-FLYING PUNE PISTONS MUMBAI: Following back-to-back victories in their first two ties, highflying Pune Pistons would be aiming to provide stiff competition to the Saina Nehwal-spearheaded Hyderabad Hotshots in their Indian Badminton League contest here today.

Pistons' come-from-behind victory over Mumbai Masters in their Maharashtra state Derby clash at Lucknow last night should be a great morale-booster for the league toppers ahead of their face-off against Saina's Hotshots at the National Sports Club of India stadium courts in Worli.

Julinane Schenk, the German powerhouse who, at number four, is one rung below Saina in the world badminton women's singles rankings, looms as a major threat to the Hotshots who had beaten Awadhe Warriors 3-2 in their opening clash at Delhi on August 15.

The German player has won both her singles ties quite easily thus far while Saina too, after her disappointments in the World Championships in China held prior to the start of the million-dollar IBL, has shown she is the woman to beat in home environs.

The expected match-up between these two top women's players in the world would be the highlight of the tie and should thrill the capacity crowd in the newlybuilt arena. Hotshots would be eager to put behind their 2-3 reversal at the hands of Delhi Smashers last night in Lucknow after they squandered a commanding 2-0 advantage.

Imran best all-rounder of my era: Hadlee B

ANGALORE: Former New Zealand all-rounder Sir Richard Hadlee has voted Pakistan's Imran Khan as the best all-rounder of his era, calling him a complete package in the celebrated '80s quartet, which included himself, Kapil Dev and Ian Botham.

"If I was asked to pick who was the better of the four of us, and I am on record as saying Imran because he was a versatile batsman, potent strike bowler and charismatic captain," he said.

"As a batsman, he could bat anywhere in the top six, sometimes in the top four, and play any type of innings depending on the circumstance of the game. As a bowler, he was a potent strike bowler ... His record suggests he was a fine bowler. He was also a charismatic added. person, a good and successful capHowever, Hadlee had a special tain for Pakistan. He had a lot of re- place for former West Indian capspect, he had the package," Hadlee tain Sir Gary Sobers as an all-

rounder. "Sobers traditionally has always been regarded as the number one because people would pay to go and see him play. Very flamboyant, rhythmical batsman and bowler, fielder, captain. The whole package and the stats would back that up," he said.

Hadlee, nevertheless, regarded himself as the better bowler of the quartet, but admitted his weaknesses as a batsman.

"I scored less Test hundreds than anyone else, my batting average was lower than the others. So while I had some good innings, my batting was inconsistent. I wouldn't put myself in that same category, actually, but as a bowler definitely," he said.

Talking about the rivalry between the four, Hadlee said the 1980s was a fascinating era with the four all-rounders competing for a space of excellence.

IT’S STRIKE THREE FOR USIAN BOLT

Jamaica's Usain Bolt celebrates winning his third gold medal in the men's 4x100-meter relay at the World Athletics Championships in the Luzhniki stadium in Moscow, Russia.

Narain Karthikeyan wins from pole to record third victory in Auto GP

N

URBURGRING, GERMANY: Continuing his strong show in the Auto GP series, Indian racer Narain Karthikeyan recorded his third win of the season when he triumphed from pole in round six of the series, here.

Narain faced stiff opposition from Italian GP2 driver Kevin Giovesi and his Super Nova teammate Vittorio

Ghirelli, who started with the Indian from the front row. But the Indian always seemed to have enough in hand to keep the Italian duo at bay and managed to cross the line in the top spot 23 laps later.

"It feels great to win at Nurburgring – it is a historic venue and it was amazing to hear the Indian national anthem playing in front of packed grandstands," an elated Narain said. "We knew we had the pace to maintain the lead and I managed to get off the line well so it was all about controlling the pace, even though Giovesi came quite close at times," he said.

After leading from the start and opening up a nearly two second gap, Narain pitted on lap 18 for the mandatory tyre change, and the Super Nova crew executed a nearperfect pit-stop to ensure that he maintained his advantage.

30

LEADS VISHNU BY A POINT NAYAN TAKES LEAD IN CHAMPIONSHIP TABLE;

Afternoon Despatch & Courier

SPORTS

IN BRIEF Siddesh strikes for Juhu Sparks

MUMBAI: Juhu Sparks SC came up with a solid determined performance to chalk out a narrow 1-0 win against a dogged Shree Mauli Mitra Mandal in a Third Division encounter of the MDFA (Mumbai District Football Association) League 2013-14, at the Mumbai School Sports Centre, Dhobitalao on Sunday evening. Siddesh Batawala scored the lone winning goal of the match. In another closely contested encounter, Kingston SC pulled off a 3-2 win over Peninsula SC by a 3-2 margin.

Results - at Mumbai School Sports Centre, Dhobitalao –Div-III:White Village 0 drew with Borivali YMCA 0; United Brothers 3 (E. Martis 2, Elvis Fernandes) beat Adarsh SC ‘C’0; Kingston SC 3 (A. Singh 2, Sachin Majgaonkar) beat Peninsula SC 2 (Aakash Dhruv, Gaurav Sawant); Juhu Sparks 1 (Siddesh Batawala) beat Shree Mauli Mitra Mandal0; Anjuman Islam 1 (Chandrakant Kamble) drew with Jolly Boys 1 (Irfan Khan).

Carrom tournament from Aug 23

MUMBAI: The Carrom Players Welfare Association, Maharashtra along with Kshtriya Union Club, Dadar, Mumbai will be organising the 11th Late Mukhtar Ahmed State Level Carrom Tournament August 2326 at Kshtriya Union Club, Dadar. The tournament will be held under five categories following - men singles, women singles, junior boys singles (under 18 years), junior girls singles (under 18 years) and veteran singles. World and national champion Yogesh Pardeshi, former Asian and national champion Sandeep Deorukhkar, SAARC and Asian Champion Hidayat Ansari, SAARC Champion Prakash Gaikwad, former national champion Suhas Kambli, former international and state champion Mahendra Tambe and former India No. 2 Narsingrao Sakari and Vilas Dalvi in the men’s section and among the eves would be former international and national champion Anupama Kedar, Sangeeta Chandorkar, SAARC and state Champion Ayesha Mohammed would be participating in the event of prize money Rs. 120,000.

Bopanna-Edouard lose Cincinnati semis

CINCINNATI: India's Rohan Bopanna and his French partner Edouard Roger-Vasselin squandered all five break chances against Marcel Granollers and Marc Lopez to bow of the ATP Cincinnati Masters, here.

The eighth-seeded Indo-French combination lost 5-7 2-6 to the Spanish second seeds in the semifinals of the USD 3,079,555 hard court tournament. Bopanna and RogerVasselin had three chances in the first set and two in the second but could not convert any. On the other side, they dropped their serve one time in the opening set and twice in the second. The Spanish side will now face top seeded American twins Mike and Bob Bryan, who saved a match point to advance to their 12th doubles final of the year with a 4-6 7-6(6) 10-6 win over Santiago Gonzalez and Scott Lipsky.

Adhiban loses to Nakamura

TROMSO, NORWAY: Indian Grandmaster B Adhiban went down to Hikaru Nakamura of United States in the first game of the third round of World Chess Cup here. The loss as white came as a huge blow as Adhiban will now have to play for a victory with black pieces in the return game to stay in the match. The last remaining Indian will otherwise be ousted from the knockout event.

On a day of big upsets, Evgeny Tomashevsky of Russia caused the biggest reversal accounting for top seed Levon Aronian of Armenia. Tomashevsky won with black pieces and now needs just a draw in the return game as white to proceed to the pre-quarterfinals.

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MUMBAI | MONDAY, AUGUST 19, 2013

Chatterjee (Rayo Racing) after few initial laps.

In the 6th lap, Ameya was trying to overtake Vishnu and Vishnu was fighting to save his leading position. But he failed to restrict Ameya, who became the new race leader. Moreover, in this short period of time, Dhruv emerged from behind and pushed Vishnu further down at 3rd position. In 22nd lap, Dhruv collided with race leader Ameya and both went out of the track.

Seeing this opportunity, Nayan overtook Vishnu and claimed the first position. Dhruv recovered quickly and re-joined the race at 2nd position ahead of Vishnu, while Ameya managed to continue his race at 4th position. In the Junior Max, Kush Maini of Dark Don Racing dominated both Final and Pre-Final races and was way ahead of rest of the karters. In the Final race, Kush took the early lead and mainNayan Chatterjee of Rayo Racing triumphed in the Senior Max category in Round three of the JK Tyre-FMSCI National Karting tained the lead till the chequered Championship in Coimbatore on Sunday. Dhruv S Mohite and Vishnu Prasad finsihed second and third respectively.

[Below] Pradyumna V Danigond of Mohite’s Racing won the Micro Max race. He was followed by Yash Aradhya and Paul Francis flag. He was chased by Krishnaraaj D Mahadik of Mohite’s of Meco Racing.

Racing, who attacked Kush in last few laps but Kush handled the OIMBATORE: Nayan Chatpressure well and didn’t allow terjee of Rayo Racing took a him to overtake. narrow one-point lead over The real battle was for the third Vishnu Prasad of Meco Racing position, where Tejasram, Abhiafter triumphing in the Senior rath Shetty, Akash Gowda (all Max category in Round 3 of the JK from Meco Racing), Arya Chirag Tyre-FMSCI National Karting Gandhi (Rayo Racing) and Championship.

Ananth Shanmugam (Meco RacKush Maini of Dark Don Racing ing) were fighting neck-to-neck. won the Junior Max while Tejasram was leading the pack Pradyumna Vipul Danigund of for couple of laps but an unfortuMohite's Racing captured the tile nate incident changed the posiin Micro Max category at Kari tions of all the racers. Abhirath’s Motor Speedway. In the Senior kart broke down in the middle of Max category, Nayan won the the race, which gave opportunity toughest race of the Round after to Arya Chirag and Ananth to topbeating top racers such as teample two front racers - Tejasram mate and defending champion and Akash – and both claimed Ameya Bafna and Vishnu.

3rd and 4th positions respecWith this victory, Nayan toptively. pled Vishnu in the championship Krishnaraaj is leading the table as he moved to 255 points, championship table with 255 pts, just one ahead of Vishnu (254). followed by Tejasram (244) and Ameya is at third position with Akash Gowda (240). Defending 244 points. "Today's race was Pradyumna V very tough and there were lots of place podium finish," Nayan, few seconds. In the next lap, champion ups and downs. It was very diffi- who also won Round one, said Chittesh took an attempt to over- Danigond of Mohite’s Racing won take Vishnu but he lost control of Final and Pre-Final Race of the cult to maintain the position as I after the race.

Birthday boy Vishnu, who his kart, which cost him the Round 3 in Micro Max category was getting constant threat from other racers. I just maintained my started third position, took early podium finish. In the battle for and maintained his lead in the racing line and patiently waiting lead by overtaking pole position 3rd position, Dhruv S Mohite championship table. He again others to make mistakes. I am holder Chittesh S Mandody (Mo- (Mohite’s Racing), who started at outplayed other racers with his very much happy with my first hite’s Racing) and Ameya in first 4th, was overtaken by Nayan better racing skills.

C

By Anant Bhagwat

D

r. K V Vahalia is probably the oldest player in Mumbai, possibly in Maharashtra. But he is still sharp on the table while playing Bridge. Witness his defence on this deal from the Matunga Gymkhana tournament.

S- 10 6 4 H- J 6 2 D- 4 2 C- A K 8 6 5

S- J 3 H- A 9 8 D- A K 7 5 3 C- Q 10 7 S- A K Q 9 8 H- K 10 7

S- 7 5 2 H- Q 5 4 3 D- Q J 8 C- J 4 3

Age is No deterrent

surmountable problem. If the clubs were 3-3 he could ruff 1 club to make the suit good but could not cash it. So he changed track. He played a small heart had the 3rd diamond. So it was from dummy, finessing the 10. Dr tempting to shift to a small heart Vahalia won & returned the 9 of to find the setting trick. But that hearts to Jack & King. Now deshift was fraught with danger. clarer had only one chance. EarPartner may hold hear Queen & lier he was hoping the clubs were breaking 3-3.

Jack.

D- 10 9 6 Now he prayed they broke 4-2.

Then probably a trump reC- 9 2 Dr Vahalia was west. He dealt & turn?. He could see that the club So he cashed all his trumps. Had opened 1 diamond. North over- suit was breaking evenly for the west held 4 clubs hearty 8 he called 2 clubs, east passed, south declarer & dummy had an entry would have been squeezed in bid 2 spades north bid 3 spades & in the spade 10 since the Jack was clubs & hearts. Alas that was not to be, & west went down in an south rather adventurously bid 4 coming down doubleton.

So the Grand Old Man of ambitious contract. In the other spades.

Dr Vahalia led the Ace of dia- Bridge found the deadly continu- room they played in 2 spades. mond & followed it with King of ation of a diamond, punching The GOM had earned 6 imps for diamonds. He knew his partner dummy. Now declarer had an in- his team.

BRIDGE

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MUMBAI | MONDAY, AUGUST 19, 2013

IN BRIEF Grappler Satywart wins bronze at junior world championships

NEW DELHI: India's Satywart Kadian has won a bronze medal in the 96-kg freestyle category at the World Junior Wrestling Championships in Sofia, Bulgaria. Satyawart produced a clinical display of freestyle combat to get the better of Turkey's Ali Bonceoglu to open India's account at the championships on Saturday. Earlier, Satyawart's march was halted by Armenia' Viktor Kazishvili in the semifinals, as he ran out of steam and lost the bout in the first period itself. The burly Indian had won against three opponents, including a Kazakh and an Iranian grappler, before making it to the last-four stages. In the other weight categories, Indian hopes were dented early after Asian junior champion Mangal Kadyan lost to Mehmed Zeyti Feraim of Bulgaria in his opening bout of the 50-kg category.

Parveen (60kg) lost in a close second-round encounter to Shota Phartenadze of Georgia after a loss against Venezuela's Wilfredo Aogusto Rodriguez Bocaney in the opening bout. Trailing 0-2 after the period, Parveen lost the contest 2-3 in a gruelling duel at Arena Armeetz.

National Senior Squash kicks off today

JAIPUR: Top seeded Saurav Ghoshal and Joshna Chinnappa would be favourites in the 61st National Squash Championship 2013 which kicks off with qualifying rounds at the Jaipur Club here today. The tournament will be missed by top Indian women player Dipika Pallikal and Anaka Alankamony who have not entered in fray due to personal reasons. Another stalwart Ritwik Bhattacharya who had lightened the Jaipur club courts on number of occasions earlier in the Golecha Squash has reportedly quit competitive squash. Apart from these names almost all other top players of country would be seen action in the tournament which would be played from August 18-23. In the men's section top seed Saurav Ghoshal ranked 20th in Professional Squash Association (PSA) ranking would be challenged by second seed Harinder Pal Singh who is ranked 71st in world.

Pak eager for Afghanistan match

LAHORE: Pakistan football authorities said they were delighted at the prospect of playing their first match in Afghanistan for 36 years, and hoped it could pave the way for more ties with their neighbour. Pakistan's national team will play the friendly in Kabul on Tuesday, the first international match in the war-ravaged city since Afghanistan faced Turkmenistan in 2003.

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SELECTION IS NOT ONLY ABOUT SCOREBOOKS: TENDULKAR SPORTS

B

ANGALORE: Senior Indian batsman Sachin Tendulkar feels selectors should focus on the players' ability to handle pressure instead of only considering their statistics while picking the national team. "Selection is not about looking at the scorebook. A selector can pick up players who have scored heavily but that does not work out. I have seen players who are exceptionally good at the domestic level not being able to perform as well in international cricket," Tendulkar said.

"It's about vision. When it comes to selection, one has to analyse a player. Even if he fails in a few matches, one needs to see if he has the ability to withstand pressure and execute at the international level," he explained.

Tendulkar said the changes brought into cricket, including the much-criticised Twenty20 format, has made the sport more exciting and helped getting more results in Tests. "Cricket is the only sport to have three formats and it's only getting more exciting not only for players but also for spectators. There is creativity and more results are coming by (in longer version of the game). Sachin Tendulkar gives a memento to former Indian Cricketer Venkatesh Prasad The batsmen are willing to take during the 75th platinum jubillee celebration of Karnataka State Cricket chances," he said in an interac- Association in Bengaluru on Saturday. tion at KSCA's Platinum Jubilee Celebrations here.

Former India captain Sourav Ganguly said Twenty20 has impacted the longer version of the Chand and Rahul shared an 84SINGAPORE: Medium pacer Sandeep game as players are becoming agrun stand for the opening wicket.

Warrier picked up three wickets, gressive and there have been while opener Unmukt Chand struck a Apart from the duo, India skipper many results too. "It has brought patient half-century as India's Under- Suryakumar Yadav also made an innovation to the game. When it useful contribution with 23 runs after 23 team got the better of arch-rivals comes to Test cricket you need to Pakistan by three wickets in a limited Pakistan's left-arm spinner Raza adjust and no two players are Hasan picked up three wickets to overs Group 'A' match of the ACC similar in technique wise. Players take the contest to the closing Emerging Teams Cup, here. have to stick to their basics that is stages. Opting to field, the Indian Chasing 192 for victory, Indians important," he said. Former Test pace duo of Sandeep Sharma and got off to a fine start with Under-19 captain Rahul Dravid said Warrier proved their captain's World Cup winning skipper Chand Twenty20 has made cricketers (61) and Lokesh Rahul (46) providing decision right by exposing Pakistan's more flexible. frail batting line-up. Both displayed the team a solid platform. And "You have to learn to play a few an incisive spell of fast bowling to despite the middle-order batsmen shots. You just can't block it slice through the opposition topnot contributing handsomely, India which I did in Test cricket," he order line-up, reducing Pakistan to could sail home with 13 balls to said.

22 for three inside 10 overs. spare at Kallang Ground.

"Good players learn to adapt

India beat Pakistan by three wickets

31

and if we look Chris Gayle, Michael Hussey or an AB de Villiers in last IPL, these guys who sort of dominated are all really good Test players. So, we need to have our basics right," he added.

Talking about adapting to different technologies being used in the sport, Tendulkar said he was astonished to see a laptop in the dressing room for the first time in 2003. "I wondered how technology would help us learn cricket but over a period of time, I figured out it's importance. It helped us plan our innings," he said. Tendulkar said basics are more important in Test cricket than in the T20 format, in which players have to just go out and swing their bats. "This is the only format in which in three or four deliveries you can become a hero," he said.

GANGULY BACKS GAMBHIR, YUVRAJ AND OTHERS TO MAKE INDIA RETURN NEW DELHI: Former captain Sourav Ganguly says the likes of Gautam Gambhir, Yuvraj Singh and Zaheer Khan can still make a comeback to India's national team but they need to be "hungry" for that. All the three players are along with Virender Sehwag and Harbhajan Singh are out of favour these days as young guns such as Shikhar Dhawan, Rohit Sharma, Bhuvaneshver Kumar and R Ashwin have performed excellently in their absence.

"No player is completely out of the team. In 2011, the Indian team looked incomplete without these players. And now they are out of the team. So you cannot say what will happen tomorrow," Ganguly told Star Cricket.

"They are all very good players.

They have won India world cup, Test matches, Test series. So if they have hunger inside them, they can surely be back. They just need to focus on cricket, train hard, be fit and make a comeback. ...They are all great players. Sehwag is one of the greatest as an opener in Indian cricket," he added.

Monty's marriage ends after bitter divorce battle

L

ONDON: England spinner Monty Panesar's marriage with pharmacist wife Gursharan Rattan has finally ended after a bitter divorce battle, according to media reports.

The 31-year-old spinner, who was recently in news for getting arrested for drunken misbehaviour and urinating in public, had managed to keep his separation from his wife a secret and their divorce was finalised only recently.

Monty was dropped from the Ashes series as a result of poor form, which is now being linked to his personal turmoil.

"Monty was devastated by the breakdown of his marriage and is

still coming to terms with his recent divorce. His personal struggles have been a direct result of that," The 'Sunday Mirror' quoted a source as saying.

A spokesperson for the

sportsman confirmed the divorced. Friends said he blamed his wife's family for making their marriage "increasingly difficult."

Monty married Gursharan three years ago in a traditional

Sikh ceremony. The Luton-born player had praised her for the "greater stability" she gave him during the early days of his successful England career.

Earlier this month, Monty was thrown out of Brighton's Shoosh Club after he reportedly hassled a group of women. He then urinated onto the doormen of the club before running off.

Monty, who is studying for a sports science master's degree, could face the sacking this week from his county team Sussex which has been investigating the incident. But his former club Northamptonshire could offer him a lifeline to rebuild his shattered career.

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Afternoon Despatch & Courier MUMBAI

| MONDAY, AUGUST 19, 2013