Afternoon dc 24june2013

Regd. No. MH/MR/South-160/2012-14 RNI Regn. No. 43675/1985 MUMBAI MONDAY, JUNE 24, 2013 32 PAGES `3 Website: www.afternoondc.in

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FYJC FIRST LIST SNUBS PHYSICALLY CHALLENGED

DESPATCH & COURIER

By Yatin Ingle

T

he first merit list for the First Year Junior College (FYJC) saw many physically challenged students getting colleges far away from their residences.

This is especially callous when one considers that the online admission forms had to be submitted with a preference of 35 colleges from the Mumbai Metropolitan Regions (MMR).

This has left physically challenged students with no option but to book admissions in colleges for which they will have to travel for hours.

According to the FYJC online admission process, 35 preferences of colleges has to be

submitted, of these 15 colleges should be from wards in one’s own zone, and another 15 from anywhere in the city and suburbs. Besides these five junior colleges attached to schools in one’s own ward and the adjacent one, the area of which is itself decided by the Board. These admission forms also carried categories for physically challenged students which were to be filled by the concerned student.

Physically challenged Rovin Mehta says, “I had listed my preference for colleges which are nearer to my house. Even the colleges which I had preferred from the MMR regions were nearer; but I have gotten a college for which I will have to travel for two hours. I re-

Virat Kohli obliges fans by signing autographs during the rain interrupted match at Edgbaston on Sunday night. Kohli was the mainstay of the Indian batting scoring 43 runs. India ended their innings at 129 for seven in 20 overs.

Rains prolongs play at Edgbaston Full Report on Pg 31

SURVIVORS GUILT: Seen here are passengers returning from an ordeal after a flash flood hit Uttarakhand. Many survivors managed to get back to the city via the Haridwar Express Train which arrived at Mumbai Central on Sunday at 4.15 a.m.

Gold: `27,290 Silver: `43,000 US Dollar: `59.27 Temperature: 310C/270C Humidity: 78%

Business&Investment Pg13-20

side in Borivli and have got a college in Mulund. Still, I am optimistic. There are two lists to be declared.”

“Why can’t the government allot the needy students the nearby colleges?” asks Ashok Singh, a parent.

The declaration of the MMR regions has been completed were as two lists of the zone and wards will be declared on June 30 and July 5 respectively.

N.B. Chavan, Deputy Director School Education, said, “The allotment of the colleges has been done on the basis of the applicant’s preference. There are two more lists to be declared and students will have to wait for the same.”

02

Afternoon Despatch & Courier

CITY

VASTU TIP OF THE DAY

‘Cycle’ of life

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

Pictures of living beings may be hung on the Eastern wall.

Dr. Prem Gupta can be reached on 9820045774/9930318119 www.drpremgupta.com

Manoj Singh

How the journey began...

When Hiralal’s youngest son was around three and a half years old he saw Hiralal smoking cigarettes and bidis.

Some time later, a neighbour told Hiralal that his son was also smoking.

Hiralal feeling responsible for his son’s habit, vowed to quit smoking. He also pledged that he would also motivate others to do the same. Since then he has been on a mission to create aware-

ness about smoking and its hazards.

His first cycling expedition in his local area started on the golden Jubilee of Independence Day. Since then, he has held exhibitions and has given lectures on youth awareness in Banaras Hindu University, Delhi University, Jawaharlal Nehru University and many other universities across the globe. Astronaut Kalpana Chawla’s father and Major Sandeep Unnikrishnan’s father are also associated with him.

How the cycle without seat came to be

By Kaptan Mali

Saturday evening he completed a ride of over 4,000 iralal Yadav (56), has kms from Manipur to Amritbeen cycling across the sar to Thane where he was globe since the year facilitated by the Thane 1997 riding a seatless bike Mayor and by other governsince after the Kargil War and ment officials.

A post graduate in Arts has journeyed over 86,000 kms creating awareness about and a native of Gorakhpur various social ills, including in Uttar Pradesh has two smoking and female foeticide, sons, while his wife runs a store near and promoting youngsters to vegetable join the Indian army etc. On Dahisar station for a living.

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Mira Bhayandar to go dry on Tuesday

Exxtra E xxtttra rra

Concentrate

LIJJA AT AD. AGENCY

Pictured here are married woman tying threads around a Banyan tree, considered holy by the Hindus, on Vat Purnima on Sunday at Worli. The festival is held to pay homage to Savitri, the legendary wife of Satyavan, who convinced Lord Yama, the God of death, to spare the life of her husband. On this day women pray for the prosperity and longevity of their husbands.

Azad Shrivastav | ADC

By Suresh Golani

I

f you are a resident of Mira Bhayandar, ensure that you fill up all the buckets, today, as the Shahad Temghar (STEM) water supply authorities and the power supply provider has planned a shut down to carry out routine maintenance work and outage work for giving extra power load for capacity expansion.

“Although it is a 12 hour shut down, from the 86 MLD project, water supply is bound to be affected for the following couple of days due to low pressure,” informed MBMC Executive Engineer (Water Supply) Suresh Vakode, who has appealed residents not only to store water for the day but also use it with care avoiding unnecessary wastage.

OPINIONS

8811/SL Eng.

During his awareness ride, many told Hiralal that although they wanted to quit they were not adequately motivated. In the hopes of setting up an example, he took off the seat from his cycle. He told people that quitting smoking was certainly easier than riding a bicycle without no seat for over 70-100 kms a day.

Yadav says that the journey of life was never rosy for him.

“Around 25 years ago, I suffered problems in my kidney and had to stay at home for several months. I still cannot sit or stand for a long time and need a resting chair but when it comes to cycling I forget all my problems. There even came a time in my life when I had to keep my wife’s jewellery to start food services for diamond workers in the area. But I never gave up,” says Hiralal.

Hiralal’s accomplishments Completed all India tour on

cycle three times.

Has cycled in Vietnam, Cambodia, Laos and Thailand among other countries.

Rode for Major Unnikrishan who was martyred in 2611 Mumbai attack and has demanded justice for the families of Indian soldiers.

Has created awareness amongst the youth for joining the Indian Army, patriotism, and has campaigned against female foeticide.

Associated with many social activists of national and international levels.

A huge collection of martyrs’ last letters to their families and their poems.

MUMBHAI VIKAS SABNIS

Here you are! A vegetable quota for the next whole week within our budget.

Do you think, the state government is taking structural audits of old and dilapidated buildings seriously?

Neha Shinde PR Executive

The government is not doing enough as the recent buildings collapses in the city gives us the clear picture about it.

Hardik Tanna Interior Desinger

I don’t think so. The state government is just being careless about its citizens.

Abha Dhole Law Student

The government should take a serious view with the recent building collapses and start doing the audits correctly.

Gauree More Media Student

It appears that the government is just concerned about the upcoming elections than the building collapse issues.

Shreedhar Chavan Businessman

The government is not at all bothered about the major tragedies concerning building collapses in the city, and they aren’t serious about building audits.

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

Afternoon Despatch & Courier

INTERVIEW

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

“The online registration process is not convenient” says Dr. Tukaram Shivare 68), chairman, Association of NonGovernment Colleges and former core committee member of the FYJC online admissions.

A member of the Academic Council and Board of Studies of Mumbai University, he has served on the committees of various government examinations. Possibly more than anyone else, he has a bird’s eye view of the ills plaguing (there is no other word for it) the system and impacting the lives of hundreds of thousands of students in the city and the state. Currently, Dr. Shivare serves as the Education Director of K.P.B. Hinduja College of Commerce, having completed tenure as its principal. He talks to Yatin Ingle about the recent admission season for the Academic year 2013-14

03

Pics: Azad Shrivastav | ADC

Why go to college only through Mumbai University?

T

he education department has now started a new process for students, whereby it is necessary to register with Mumbai University using the Maharashtra Knowledge Corporation portal before you can start on the FYJC online admission procedure. Do you think this is a good move on the part of the education department?

Both the online procedures for the FYJC and registration for degree college students were started with good intentions. The online procedure was brought in to evaluate the eligibility of a student for admission to a particular college and course.

The problem arises because every college has a limited number of seats and larger numbers of applicants. Colleges cannot keep increasing seats and by default, those students who fail to apply in that college, are left back. Though the online procedure for the FYJC is fine, the online registration process of the Mumbai University is not convenient.

The varsity should give the registration authority to the college principals so that colleges can themselves register the students and not have to duplicate work. For students also, this would be a benefit. We have seen how they are made to spend money to fill in the registration forms in cyber cafes that loot them needlessly. Letting the college principals be responsible for admissions will make the whole online process much more convenient for students and

ergy going through the process, the system crashes and you have to start up again from While the online admissions have started, the beginning. Plus, students who are abroad there is still a lot of talk about offline seats and want to pursue their studies in Mumbai offered through management quotas at very University don’t have any knowledge about high rates. Who decides these rates for man- the online registrations and by the time they do become aware that this is a possibility, the agement seats?

Firstly, none of the seats can be sold, or as you registration dates are already over. stated, be tagged with rates to be given out.

Most of the colleges refer to the process as So you would say that the system of registragiving “donations”, not “selling the seats”. This tion through one overarching portal, then is a punishable offence. Colleges cannot filling in the form with your own choice o0f charge more than the fees decided by the var- colleges is not good? sity. Donations also depend upon the infra- No. It is not. The Maharashtra Knowledge structure of the colleges and the facilities Corporation Limited (MKCL) is not a good provided; but if at all any students is suspi- choice by the institutions as the online porcious about the fees or the donation he is tal. There have been issues and problems repaying, he can report the same to the varsity lated to this portal but still the University is and strict action can be taken against the insisting on going through with the partnership. They should change it. concerned institution.

Mumbai University.

Do principals come under pressure from the politicians for booking admission seats?

Yes. We principals do have hundreds of students coming everyday with recommendation letters from politicians. We get calls from top politicians asking for a seat. We actually cannot allot the seats but when it comes to needy students who have genuine problems, we might go the extra mile. However, these seats are filled only after giving admissions to the students who have applied through the online process. This category is always the first preference for any college.

What are the major setbacks of the online admission and registration process?

The main set back is the double process which hangs compulsorily over the students now. The other major problem is of the online registration portal itself which has a tendency to suddenly crash. So you spend time and en-

It is said that most of the times colleges retain the seats of the students doing well in academic and sports, and do not let any other applicant register himself for the same seat. Is it true?

No, it is not. Colleges never retain the seats.

Earlier, this might have happened, but not that admissions are all under the scanner of the online process, only the students who deserves the seat will be able to book his place in the concerned college within the sports or any other quota.

Colleges have a large number of courses, so are all the seats filled? If not, then what happens to the vacant seats?

This is not a problem that top colleges have.

This might be of concern to smaller and newer colleges. The vacant seats are kept vacant for last minute adjustments and then, if they are not filled, they just go waste.

04

SERVICES

Reliable Male/ Female all house work servant, patient, baby, delivery, oldage care available “Smitha House Servant Agency and Smitha Matrimonials”, Bhandup (West). Phone: 9819878151, 25666329.

C-7870

CHANGE OF NAME

I have changed my name from Sarmuddin Gulamrasul to Sarmuddin Gulamrasul Shaikh as per Maha. Govt. Gazette No. U-6458 dated May 2-8, 2013.

Ornate C-8097 I, Rishabh Vinay Kochar, have changed my name to Rishabh Vinay Jain as per Maharashtra Government Gazette No X17461 dated 30/06/2011.

C-8098 I, Bijali Rajanikant Das, have changed my name to Bijoli Dilip Das as per deed poll Affidavit dated 22/06/13.

C-8099 I, Mohamed Mansuri, have changed my name to Mohamed Akter Mansuri as per deed poll Affidavit dated 22/06/13.

C-8100 I, Musharraf Ali Sayed, have changed my name to Mushrat Ali Sayed as per deed poll Affidavit dated 22/06/13.

C-8101 I, Musarrat Ali Khan, have changed my name to Mushrat Ali Sayed as per deed poll Affidavit dated 22/06/13.

C-8102 I, Sanket Sadanand Sawant, have changed my name to Sancket Sadanand Sawant as per deed poll Affidavit dated 21/06/13.

C-8103 I, Anilkumar Thakurprasad Sharma, have changed my name to Anil Thakurprasad Sharma as per deed poll Affidavit dated 21/06/13.

C-8104 I, Anna Maria, have changed my name to Nancy Tittes Arayil as per deed poll Affidavit dated 17/06/13.

C-8105 I, Jamuna Harishchandra Chawan, have changed my name to Madhuri Raju Ramkul as per deed poll Affidavit dated 22/06/13.

C-8106 I, Kaushalya Ladharam Raigaga, have changed my name to Kaushlaya Ladhram Bhatia as per deed poll Affidavit dated 22/06/13.

C-8107 I, Shilpaben Nilesh Shah, have changed my name to Shilpa Nilesh Shah as per deed poll Affidavit dated 18/06/13.

C-8108 I, Nileshbhai Dharnidharbhai Shah, have changed my name to Nilesh Dharnidharbhai Shah as per deed poll Affidavit dated 18/06/13.

C-8109

Afternoon Despatch & Courier

CLASSIFIEDS We, Mr. Shantanu Bhide & Mrs. Neha Shantanu Bhide, have changed our minor daughter’s name from Tejashvini Shantanu Bhide to Tanvi Shantanu Bhide as per deed poll Affidavit dated 21/06/13.

C-8110

I have changed my name from Shabnambano Abdus Sattar, Shabnambano Abdul Sattar and Shabnam Mohiuddin Siddique to Shabnam Mohiuddin Sayyed as per Affidavit.

C-8125

We, Mr. Shantanu Bhide & Mrs. Neha Shantanu Bhide, have changed our minor daughter’s name from Jui Shantanu Bhide to Antara Shantanu Bhide as per deed poll Affidavit dated 21/06/13.

C-8111

I have changed my name from Rajoo Shivshankar Pote to Raju Shivshankar Deshpande as per Affidavit.

C-8126

We, Mr. Shantanu Bhide & Mrs. Neha Shantanu Bhide, have changed our minor daughter’s name from Jai Shantanu Bhide to Anaya Shantanu Bhide as per deed poll Affidavit dated 21/06/13.

C-8112

I have changed my name from Shakuntala Radhakishan Bhatija to Poonam Vashu Chhabria as per Affidavit.

C-8127 I have changed my name from Purusottam Narsihma Nayak to Purushottam Narsihma Nayak as per Affidavit.

C-8128

I have changed my name from Sony Vinit Chaudhari to Sony Binit Choudhary as per Gazette No. X-30480.

C-8113

I have changed my name from Karthiyani Surendranath to Karthyani Surendranath as per Affidavit.

C-8129

I have changed my name from Mallikha Begum Hasan Sahabjan to Malika Hasan Sayyed as per Affidavit No. AW 912255 dated 22-06-2013.

C-8114

I have changed my name from Sakhiben Khimji Patel to Sakhi Khimji Menat as per Affidavit.

C-8130

I have changed my name from Abdul Mannan Abdul Ghani to Abdul Mannan Abdul Ghani Khan as per the Affidavit.

C-8115 I have changed my name from Gulam Sabir Gulam Ahmed to Gulam Sabir Gulam Ahmed Shaikh as per the Affidavit.

C-8116 I have changed my name from Madhur Suresh Lala to Mehr Manoj Thakur vide Maha. Govt.

Gazette No. (U-50532).

C-8117 We, Mr. Manohar Joseph Mudaliar and Mrs. Punitha Manohar Mudaliar, have changed our son’s name from Manish to Manish Manohar Mudaliar as per Affidavit.

C-8118 I have changed my name from Sangeeta Lal Khan to Sangita Lal Shahi as per Affidavit.

C-8119 I have changed my name from Maneesha Vijay Rothe to Manisha Vijay Rothe as per Affidavit.

C-8120 I have changed my name from Udaykumar Janardan Gatkal to Uday Janardan Gatkal as per Affidavit.

C-8121 I have changed my name from Suhael Choudhary to Suhael Choudhury Mushunuri as per Affidavit.

C-8122 We, Venkata Satyamurthy Mushnuri and Suhael Choudhury Mushunuri, have changed our child name from Advaita Mushuniri to Advait Mushunuri as per Affidavit.

C-8123 I have changed my name from Mohiuddin Siddique to Mohiuddin Sayyed as per Affidavit.

C-8124

I have changed my name from Shailesh Khimji Patel to Shailesh Khimji Menat as per Affidavit.

C-8131 I have changed my name from Santosh Devi to Santok Satyanarayan Lohar as per Affidavit.

C-8132 I have changed my name from Deepali Vijay Kapote to Deepanjali Vijay Kapote as per Affidavit.

C-8133 I have changed my name from Jagrut Janakkumar Bhatt to Jayesh Janakkumar Bhatt as per Affidavit.

C-8134 I have changed my name from Mukeshbhai Ghesulal Parihar to Mukesh Ghesulal Parihar as per Affidavit.

C-8135 I have changed my name from Bhavikaben Mukesh Parihar to Bhavika Mukesh Parihar as per Affidavit.

C-8136 I have changed my name from Mohammed Taifur Bilal Ahmed to Mohammed Taifur Bilal Ahmed Shaikh as per Affidavit.

C-8137 I have changed my name from Sakerabai Akberally Barfi to Sakina Husaini Mukadam as per Affidavit.

C-8138 I have changed my name from Niketa Olvin Dsouza to Nikita Allwyn Dsouza as per Affidavit.

C-8139

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MUMBAI | MONDAY, JUNE 24, 2013 I have changed my name from Dineshkumar Popatlal Vira to Dinesh Popatlal Veera as per Affidavit.

C-8142 I have changed my name from Agnes Antony Kulathenal to Agnes Thomas Kanjirathummuttle as per Affidavit.

C-8143 I have changed my name from Jagdishchandra Natwarlal Dhakan to Jagdish Natwarlal Dhakan as per Affidavit.

C-8144

I have changed my name from Ratanchand Kataria to Ratan Kataria as per Affidavit.

C-8159 I have changed my name from Saifee Abdulkarim Vejlani to Saifuddin Abdulkarim Vejlani as per Affidavit.

C-8160

PUBLIC NOTICE

I have changed my name from Mulla Murtaza Kagalwala to Murtaza Kagalwala as per Affidavit.

C-8145 I have changed my name from Tasneem Murtaza Kagalwala to Tasnim Murtaza Kagalwala as per Affidavit.

C-8146 I, Mr.Suresh Hastimal Sanghvi, have changed my daughter’s name from Sakshi Suresh Sanghvi to Saakshi Suresh Sanghvi as per Affidavit.

C-8147 I have changed my name from Niyaz Momin to Niyaz Ahmed Momin as per Affidavit.

C-8148 I have changed my name from Asgar Mohammad Husain Shaikh to Azgar Mohammad Husain Shaikh as per Affidavit.

C-8149 I have changed my name from Imam Husen to Imam Hussain Alisher Shaikh as per Affidavit.

C-8150 I have changed my name from Alli Shaikh Abbas Shaikh to Alisher Abbas Shaikh as per Affidavit.

C-8151 I have changed my name from Salim Mehmood Khan to Salim Mehmood Qureshi as per Affidavit.

C-8152 I have changed my name from Parvez Ahmad to Parvez Ahmad Shamim Siddiqui as per Affidavit.

C-8153 I have changed my name from Paresh Kumar Ramniklal Vedant to Paresh Ramniklal Vedant as per Affidavit.

C-8154 I have changed my name from Hemchandra Sudam Bhoir to Hemant Sudam Bhoir as per Affidavit.

C-8155 I have changed my name from Saroja Devi Jayprakash Tiwari to Saroj Jayprakash Tiwari as per Affidavit.

C-8156

I have changed my name from Olvin Pedru Dsouza to Allwyn Pedru Dsouza as per Affidavit.

C-8140

We, Mr. Mangesh Umedmal Jain & Mrs. Renuka Mangesh Jain, have changed our son’s surname from Rishi Mangesh Jain Shah to Rishi Mangesh Jain as per Affidavit.

C-8157

I have changed my name from Neeta Dineshkumar Vira to Nita Dinesh Veera as per Affidavit.

C-8141

I have changed my name from Praful Gorakh Sali to Prafulchandra Gorakh Sali as per Affidavit dated 22/06/2013.

C-8158

PUBLIC NOTICE Presently, Shop No.21 on the ground floor in New Kamal Kunj Co-operative Housing Society Limited alongwith five fully up shares of Rs. 50/- each represented by share Certificate No. 21 issued by the society stand in the name of our member, Mr. Rehamt Ali Mudir Ali Shaikh.

As per society's records, Mr. Rehmat Ali Mudir Ali Shaikh died intestate on 25.11.2011, leaving a Nomination dated 16.2.2006 in favour of his 4 children, viz (i) Mr. Nizamuddin R. sheikh, (ii) Mr. Mohammed Siraj R. Shaikh, (iii) Mr. Qarummudiin R. Shaikh and (iv) Mr. Irafan R. Shaikh. Society has now received an application from two Nominees, viz. (i) Mr. Nizamuddin Shaikh Rehmat Ali Shaikh and (ii) Mr. Mohammed Siraj Rehmat Ali Shaikh for their membership in place of the deceased member and for transmission /transfer of the said deceased member, late Mr. Rehmat Ali Mudir Ali sheikh's interest in Shop No. 21 in society's building and the relevant paid up share capital to their Joint names.

Persons having objections of nature in the society action on the application of (i) Mr. Nizamuddin Shaikh Rehmat Ali Shaikh and (ii) Mr. Mohammed Siraj Rehmat Ali Shaikh or having claims by way of heirship, succession, inheritance, sale, gift, exchange, mortgage, lien or encumbrance, maintenance, trust, possession, tenancy and/ or claim of whatsoever nature in or against Shop No. 21and Share Certificate No. 21 should intimate such objections/claims to the undersigned alongwith copies of supporting documents therefor within 15 days from the publication of this notice; as otherwise the society will proceed with the application of (i) Mr. Nizamuddin sheikh Rehmat Ali Shaikh and (ii) Mr. Mohammed Siraj Rehmat Ali Shaikh and all subsequent claims, if any, of the person/persons who are entitled to such claims shall be deemed to have been waived and /or abandoned.

Place -Mumbai, dated this 24th day of June.2013.

Sd/-

The Hon. Secretary, New Kamal Kunj Co-operative Housing Society Limited, TPS-III, Plot No. 417-A, 33rd Road, Bandra (West), Mumbai-400 050.

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, JUNE 24, 2013

Interestingly enough, the opposition to the Gadgil committee report is across party lines.

The arguments in favor and against are endless. But development needs to be balanced taking into account the environmental issues while environmental considerations should not come in the way of development. Former BJP president Nitin Gadkari had an interesting solution to the problem posed by the environment ministry. As the PWD minister during the Shiv Sena-BJP government, he got fed up with the stone walling by the department to construct roads in the tribal region of Melghat which is prone to malnutrition deaths. He simply called up the official and in a most blunt way told him to fall in line or he would deal with him in his own unique way. That tough talking did the trick and Gadkari had his way in the end.

Give us this day our right to mine!

SIMHASAN Prashant Hamine | ADC

coastal arch of Marine Drive. The slogan catapulted the alliance back to power in the 2009 assembly elections.

Now as the ruling alliance braces itself to face the Lok Sabha and, later on, the Assembly elections in 2009, the state seems to be banking on yet another populist ticket to retain power.

But Jayanti Natarajan’s “in principle” approval for the Shivaji statue has come with mandatory conditions of conducting a plethora of It was in 2008 studies and committee apthat the ruling provals before the final apCongress-NCP proval can be granted. And alliance gov- that will take time. In all ernment had probability, one more elecmade a catchy tion of 2014 can be easily election slo- fought on an emotive issue. gan out of constructing a The issue is loaded with so grand memorial to Chhatra- much knee-jerk reaction pati Shivaji Maharaj off the that no one dares cross the

The politics of statues

path in opposing it.

Taking the same cue, Gujarat Chief Minister Narendra Modi too has announced construction of a tallest statue of Sardar Vallabhbahi Patel in Gujarat, made out of steel donated by the farmers. In both the cases of the politics of development, bread and butter seem to take back seat when it comes to conning the electorate at times of elections.

Self Defeating There is time enough before the 2014 Lok Sabha elections to assess the impact of the pull out of the JD(U) from the BJP led

Relying on their godfathers!

Undaunted by tragedies, residents don’t want structural audit of the buildings in Mumbra

By A Special Correspondent

claimed 74 lives, the UD had asked Thane Municipal Corporation (TMC) umbra residents, who literally to form a policy asking those living in vetoed the appeal of the state dilapidated or dangerous structures Urban Development (UD) depart- to get structural audit done. As per ment to get structural audit of all di- the directives of the UD, the TMC aplapidated buildings in their vicinity pealed to the residents, not only in done, are unfazed by the recurrence Mumbra, but even those residing in of fresh tragedy – the building col- dilapidated buildings in other parts of lapse on Friday in which at least 10 the Thane municipal area. However, people died and 14 were injured. Ir- till Saturday evening, no one had aprespective of such tragedies, the resi- proached the TMC engineers.

Sources in UD department have dents are confident that this time too, their political godfathers will sail said that it is now more than three months that the TMC has urged the them through.

It may be recalled that after a build- residents of dilapidated buildings to ing collapsed in Lucky Compound, get structural audits done from a civic Mumbra, in the month of April which panel. But not a single building com-

M

NDA over the BJP’s projection of Narendra Modi as the future prime minister of the country. But even if the BJP does eventually project Modi as its prime ministerial candidate, it appears that its leaders and so-called sympathizers are working at cross purposes, almost in a self defeating manner. This is despite the fact that the RSS has solidly backed the decision to appoint Modi as the party’s chief election strategist.

After having backed Modi to the hilt in the internal power struggle, Goa Chief Minister Manohar Parrikar has reopened the debate over the alleged failure of Narendra Modi to get a grip on the administration during the 2002 Godhra riots.

Even if the remarks were aimed at defending Modi and blame it on his inexperience then, the reopening of the debate now aimed at polarizing the vote bank and reaping possible electoral windfall seems to be the motive behind it.

If that was not enough, former aide of patriarch L.K. Advani, Sudheendra Kulkarni has trained his guns on Modi, terming the latter as an “autocrat”. It is indicative of the fact that the ego clash between Advani and Modi continues. According to the anti-Modi camp, a docile or an easily manageable leader

is more comfortable to deal with rather than a tough no nonsense leader. All in all, the war of words within the party is damaging its own electoral prospects in the long run and providing easy cannon fodder for the Congress with which to attack it.

Very Long Bench!

When it comes to memory power, there are no matches to the guile of NCP chief Sharad Pawar. The Union Agriculture Minister is known for his sharp memory of people, places, events and stuff like that. But even he was at his wits end once when confronted with a situation at an educational event. Every other fellow who came up to greet him sought to remind him that back in his school days they were not just batch-mates but also sat on the same bench in the school. Not one to lose his composure and his wit, Pawar remarked “It seems as though the bench that I sat on in my school days appeared to be one of the longest. Every other person who met me said to me I was your bench-mate. Makes me wonder just how long my bench in the class must have been!”

Azad Shrivastav | ADC

T

he havoc wreaked by the cloudburst in Uttarakhand may be fresh in our minds, but it seems as though our politicians have not learnt any lessons from it. Despite the tragedy, Chief Minister Prithviraj Chavan besought Union Minister for Forest and Environment Jayanti Natrajan to withdraw the moratorium imposed on mining in Ratnagiri and Sindhudurg districts. The moratorium imposed by the Union ministry was based on the recommendations of the Gadgil committee recommendations on preservation of the Western Ghats ecology.

The Uttrakhand tragedy too has been partly been man made. In May 2013, Uttarakhand Chief Minister Vijay Bahuguna had urged the Prime Minister to withdraw the notification declaring the stretch from Bhagirathi River in Gangotri to Uttarkashi as an “EcoSensitive Zone”. After the tragedy now Natrajan says the government needs to do a rethink. Even as she did so, she almost agreed “in principle” to consider the states demand for lifting the ban on mining in the two districts of the Konkan region.

05

CITY

www.afternoondc.in

mittee bothered to even contact the corporation. When the officials approached them they didn’t pay heed to them.

After the building collapse in April, the TMC took a decision to demolish 57 structures and cut electricity and water supply to such buildings. But the tremendous political pressure from local godfathers forced the administration to take a backseat and stop the demolition plan.

Mumbra is a solid vote bank of the ruling Congress-NCP and the ruling duo has adopted a sympathetic view towards the unauthorized constructions in Mumbra, the sources added further.

Mumbai police aspirant still in ICU

By A Staff Reporter

I

t looks like Rohan Jagtap who had aspirations to be a part of the police force will have to first battle the hit his health has taken after getting severely dehydrated during the first week of June this year while undergoing the physical test for the post of constable.

The ADC had reported of ten aspiring police constables being rushed to the BMC-run Rajawadi Hospital at Ghatkopar for dehydra-

tion and giddiness after completing the physical test of running five kilometres. Out of the ten, three were in the Medical Intensive Care Unit (MICU) of the hospital and a day after the incident one of them was shifted to Fortis Hospital in Mulund.

Rohan Jagtap (25) from Goregaon was brought to Fortis in a very serious condition on June 7 and since then he has been in the Intensive Care Unit (ICU) of the hospital.

“Rohan is still in the ICU. Doctors

are saying that he is critical and that it will take sometime before he gets stable. Several tests have been done.

His liver is also affected. He is still passing blood through urine and blood,” said Rohan’s brother Omkar who also informed that prior to the episode of dehydration, Rohan did not have any health issues.

“On that day (the day of the physical test) he was in the sun for hours. He was dehydrated and collapsed. We just hope he recovers soon,” said Omkar.

Members of Swabhiman Sanghatana filled potholes on Sunday in Dadar near Sena Bhavan to celebrate the birthday of founder and President Nitesh Rane.

NMMC to ‘reopen’ skywalk today

06

Afternoon Despatch & Courier

CITY

By Amit Srivastav

T

he Navi Mumbai Municipal Corporation (NMMC) will open the much awaited Rabale skywalk today. Last week, some Congress workers had forcibly opened it for public use. The outfit accused that the opening of the skywalk was put on hold without any specific reasons.

The civic body constructed the skywalk at a cost of Rs.3.4 crore over the Thane-Belapur road to facilitate pedestrian a risk-free road crossing.

But, according to Congress party, the opening of the skywalk has been delayed as Mayor Sagar Naik has no

time to open it.

“The work of the skywalk was already completed some times back, but the opening has been delayed as politicians from the ruling party have no time to inaugurate it,” said Aniket Mhatre, who in the presence of Navi Mumbai congress president, Dashrath Bhagat and corporator Santosh Shetty forcibly opened the skywalk for public use. However, the civic officials immediately locked the skywalk citing that some of the works were still pending.

It is recalled that the ruling party had also closed the service of toy train in Mini Seashore in Vashi after it was inaugurated by congress workers last year. At present, Mayor Sagar Naik is in Berlin to attend a conference on the concept of eco-city and to share the measures taken while developing Navi Mumbai. He is likely to come back Navi Mumbai on Monday.

Sumesh Rajan

Congress workers had forcibly opened skywalk last week

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

amit.srivastav@afternoondc.in

Housewife, sister catch 30-yr-old goes missing, leaves family behind find suicide note which hold of chain snatchers Friends mentions harassment from

By Kainaz Choksey

O

n Sunday, two bike borne men, Shabaaz alias Babloo Isaaq Shaikh (39) and Arif Abdul Suttar Shaikh (27) tried to snatch the chain of Margaret D’Souza (38) at L.J. Road. The feisty 38-year-old and her sister Florence Nelson Carlos (36) nabbed the culprits. D’Souza and her sister Carlos had been to Mahim Church for Sunday Novena.

On her way back home Arif Shaikh, who was seated pillion, tried to grab the two

chains that she was wearing.

“I immediately grabbed Shaikh’s collar with one hand and tried to save my gold chain with the other. He tried to flee, so I began to shout ‘chor, chor, chor’. My sister caught hold of the bike rider,” said D’Souza.

Sub-inspector Kalamkar said, “The two men have been booked under Section 34 (Acts done by Several Persons in Furtherance of Common Intention), Section 392 and Section 397 under the Indian Penal Code.”

No. Dy.Ch.Eng./M&E/1460/W.S. of 20-06-2013

e-TENDER NOTICE The Municipal Commissioner of Greater Mumbai invites online e-Tenders for the following works 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 “Tenders” section.

1) Operation & Comprehensive Maintenance of Sound System provided at the main auditorium of PTNM. e-Tender NO. 7100018147 2) Providing LAN/SAP connectivity to the (i) Dahanukarwadi Dispensary. (ii) Babrekar Dispensary (iii) Charkop Sector-1 Dispensary Kandivali (W) (iv) Akurli Road Dispensary (v) Thakur Village Dispensary (vi) Thakur Complex Health Post at Kandivali (E) in R/South Ward. e-Tender No. 7100018148 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/courier.

Sd/Dy. Chief Engineer (Mechanical & Electrical) Western Suburbs (i/c) PRO/329/ADV/2013

Let’s together make Mumbai Malaria Free

day as well when two of Suhasia’s friends Suraj and Kuldeep handed over a suicide letter which he had left at his friend Suraj’s paan shop. The letter was addressed to Kuldeep.

In his suicide letter Suhasia wrote: I am tired of paying money to Magan

By Tariq Khan Kucchi and Binod Suhasia. They both hen Gumantchand Suhasia (30), threatened to kill me if money that I a shoemaker from Thakkar borrowed from them is not paid in full.

Bappa Colony in Kurla (East) suddenly Instead of being killed by them I am disappeared on June 18, his family was committing suicide. Please forgive me clueless. His mobile phone also re- Kuldeep. If you find my body please mained switched off since then. His hand it over to my family.

However, Dilip refuses to believe that younger brother Dilip’s frantic search yielded no results and he lodged a Suhasia has committed suicide and unmissing person’s complaint at Kurla able to come to terms with the fact he Nehru Nagar police station the next continues to try his best to locate him.

His search has taken him from his naday.

Dilip’s search continued the following tive place to civic hospitals in Mumbai,

money lenders

W

to mortuaries and every possible place.

“Police say that their efforts are on to locate my brother or his body. They claim that it will take some time to trace the location of his mobile phone or the last call detail,” said Dilip.

While Suhasia’s wife Rekha said that her husband was worried about some loan, “I assured him that we will make the loan payments and told him not to worry much. Now how will I raise my two small kids (a boy and a girl) without him? I am left with nothing.”

Suresh Bhanvar, senior police inspector, Nehru Nagar police station, said, “We have registered a missing person’s complaint. Our investigation is on. We have gone through his suicide letter as well. We are just waiting for a clue to locate him or his whereabouts.”

HC reduces lifer to six years O

bserving that the accused had no intention to kill, the Bombay High Court has set aside the life sentence awarded to a man and his mother who were found guilty of murdering the former's wife by setting her on fire.

After going through the evidence, Justices P D Kode and V K Tahilramani remarked that they were inclined to hold that the accused had thought of inflicting burns and not kill the victim but unfortunately the situation went out of their control to a fatal extent.

The Judges ruled that the case will not be covered under section 302 (murder) IPC but under section 304-II (culpable homicide not amounting to murder for act done with knowledge that it would cause death of a person).

Accordingly, the judges sentenced Balu Narayan Shinde to rigorous imprisonment for six years and a fine of Rs 2,000 after finding him

guilty under section 304-II of IPC. His mother, Sulabai Shinde, was sentenced to 4 years and 6 months with Rs 2000, considering that she was ailing and 65-year-old.

Balu married Kavita on October 17, 2006 in Pune.

His mother Sulabai was also staying with them. Balu suspected the character of his wife and used to ill-treat her.

On September 9, 2007, Balu came home in an inebriated condition and abused his wife.

When Kavita protested, Balu poured kerosene on her while his mother allegedly lighted a match stick and threw it on her daughter-inlaw.

As she caught fire, Balu immediately poured water on Kavita and took her to hospital. However, Kavita had suffered serious burn injuries and died three days later.

Police relied upon a dying declaration given by the victim to a constable in which she alleged that her husband

had poured kerosene on her while mother-in-law lighted a match stick.

Police also relied upon oral statements given by the victim to her brother and father, which corroborated the dying declaration.

Both the accused were tried for murdering Kavita andinflicting cruelty on her under sections 302 and 498A, respectively, of IPC. However, the trial court acquitted them on charge of cruelty but found them guilty of murder. Being aggrieved, they filed an appeal in the high court.

Defence lawyer Arfan Sait submitted that even if it is accepted that the act of the appellants of setting Kavita on fire resulted in her death, the case would not fall under Section 302 IPC (murder) but it would fall under section 304-II (culpable homicide not amounting to murder).

The lawyer argued that the assault on Kavita was not premeditated or preplanned

but it happened on the spur of the moment in a fit of anger. He submitted that the fact that the incident occurred during a sudden quarrel would bring the case under Exception 4 to section 300 of IPC and would thus, be covered by section 304-II. The Judges held that evidence on record, especially the dying declaration of Kavita, showed that the accused extinguished the fire and took her to hospital. In such case, it can not be said that the accused had taken undue advantage or acted in a cruel or unusual manner.

"From the evidence of victim's father, it is seen that during the course of quarrel the appellants set Kavita on fire. However, immediately after Kavita caught fire, the accused poured water on her and extinguished the flames.

Thereafter, the accused took Kavita to hospital and admitted her. This conduct cannot be seen divorced from the totality of the circumstances," the judges noted.

Will he be declared culpable?

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

CITY

07

Order on Salman Khan’s appeal in 2002 hit-and-run case today

“The magistrate had failed to appreciate that Salman Khan had neither the intention nor his rash driving would kill a person and cause injury to four others.”

— Adv Ashok Mundargi

By Philip Varghese

T

he Sessions court in South Mumbai will today dictate its order on an appeal filed by Bollywood actor Salman Khan against a magistrate’s ruling invoking charge of culpable homicide not amounting to murder in the 2002 hit-runcase involving him.

Sessions Judge U. B. Hejib was to dictate the order in the court in its last hearing on June 10. However, as the court staff did not turn up due to heavy rains that lashed the city on that day, Salman’s lawyer had sought adjournment in the case. As the prosecutor did not object, the court deferred its verdict till June 24. The judge had fixed June 10 for deciding the appeal after arguments concluded a month ago.

Advancing his argument against invoking the grave charge of ‘culpable homicide not amounting to murder’ (section 304 part II IPC), advocate Ashok Mundargi had pleaded that the magistrate’s order was erroneous, bad in

law and contrary to evidence on record. “The magistrate had failed to appreciate that the actor had neither the intention (to kill people) nor the knowledge that his rash and negligent driving would kill a person and cause injury to four others. The offence under this section attracts a ten-year jail term and can be tried by a Sessions court,” Mundargi had argued.

Salman was earlier tried by

a magistrate under lesser charge of causing death by negligence (Section 304A of IPC), that provides for a maximum punishment of two years in jail.

Public Prosecutor Shankar Erande, while opposing Salman’s appeal, had said that the magistrate had rightly invoked the charge of culpable homicide as he had committed a serious offence. philip.varghese@afternoondc.in

‘Scribe’ booked for trying to extort money from contractor

By Neel Shah

“We have registered the case against Sonkamble and are currently investigating the nother novel way of extorcase,” said Prasanna More, tion has come to the fore senior inspector at Sakinaka — the person who came into police station. media limelight in 2011 by atSources in the Sakinaka potempting suicide outside lice station said, such unMantralaya, is now on police scrupulous elements are radar. encouraged by the civic offiPolice personnel from Sakicials, who pass on the details naka police station have about small construction acbooked Vinod Sonkamble, tivities to such ‘racketeers’. who now claims to be a reThen the ‘racketeers’ apporter for ‘Achuk Najar’, a local proach the civil contractor or Marathi newspaper, for the concerned person carrythreatening a person for extoring on the construction and tion. taking the advantage of few According to police, the lapses in either obtaining the complainant Devraj Panipermission or construction grahi, a civil contractor by prowork, they would extort fession, was holding a Press money. These officials also get Identity Card on which their share and are hand-inSonkamble’s signature were glove with such present. The card stated that ‘journalists/racketeers’. the person holding the card is Meanwhile, the police have a reporter working with ‘Achuk booked Sonkamble under Najar’ (AN).

Talking with the ADC, com- The I-card with Devraj Panigrahi Section 385 (Putting person in plainant Panigrahi said, “The bearing Sonkamble’s signature. fear of injury in order to comaccused had given me the modus operandi of several mit extortion) of IPC. press card by assuring that no local scribes, who target small It may be recalled, that one would try to extort money contractors like me and extort Sonkamble had attempted from me if they come to know few thousands every month,” suicide outside Mantralaya in the year 2011. that I am associated with AN. said Panigrahi.

A

In return, I should give a fix amount of Rs.5,000 every month as protection money and then I can carry on my construction work without any trouble.”

Adding further, “This is the

NOTICE

Building property bearing C. S. No. 595 & 596 of Bhuleshwar Division, C - Ward, situated at 22-24 & 18-20 Mahadeo Shankar Sheth Lane, Mumbai is proposed for redevelopment under the benefit of D.C.Regulation, section 33(7). As per the direction of Govt. of Maharashtra in Housing Department. The list of Tenant/ Occupants is published herewith of the above said properties.

C.S. No. 595 Name of Tenants

Name of Occupants

Flr.

1.

Late Mr. Ragunath S. Sagwekar

Mr. Ganesh Dattatray Sagwekar

Gr.

1

N.R.

3.

Mr. P.Y.Goond

Mr. Lalubhai R. Choudhary

Gr.

3

Resi.

Mr. Laxman V. Palvankar

Mr. Laxman V. Palvankar

Gr.

Mr. Ramesh Kalbi

Mr. Ramesh Kalbi

Gr.

2.

4.

5.

6.

7.

8.

9.

10 11

12

Late Mr. Anusaya S. Kanse Mr. Jaiprakash Gupta Mr. Om Prakash Gupta

Mr. Sitaram Ganpat Jadhav Mr. Puraram R. Choudhary Late Mrs. Girijabai R. Naik

Mrs. Shalini Trivikram Shirodkar

Mr. Sudhakar Dhondu Bhatkar M/s Suvarnakar Co-Op Socy

13

Late Mrs. Manorama. M. Chikhale

15

Mrs. Ansi P. Kalbi

14 16 17 18

Mrs. Moru L. Choudhary Mr. Pannalal Choudhary

Late Mr. Vishno P. Khandolkar

Mr. Pandharinath Shankar Kanse Mr. Jaiprakash Gupta Mr. Om Prakash Gupta

Gr.

& Gr.

Mr. Sitaram Ganpat Jadhav Mr. Puraram R. Choudhary

Mr. Kishanchandra R. Naik

Mrs. Shalini Trivikram Shirodkar

Shop /Rm. No

User Resi/ N.R.

S. No

2

4

5

Resi.

Resi.

Resi.

Gr.

6

Resi.

1st

7

Resi.

1st.

8

Resi.

Resi.

9

Resi.

M/s Suvarnakar Co-Op 1st Socy. (Shri Madhukar Gopal Nevrekar-Chairman & Shri.

Surykant Bhikaji Pandit-Vice Chairman)

11

N.R.

Mrs. Moru L. Choudhary

12

13

Resi.

Mr. Sudhakar Dhondu Bhatkar

Mr. Udaykumar M. Chikhale

Mrs. Ansi P. Kalbi

Mr. Pannalal Choudhary

Mr. Bharat V. Khandolkar

1st

6A/bl.

1st

1st

1st

2nd

2nd

2nd

10

14

15

16

Resi.

Resi.

Resi.

Resi.

Late Mr. Anand S.Lotlikar

Mr. Rajendra A. Lotlikar

2nd

2nd

18

Resi.

20.

Late Mr. Hemant B. Shinde

Ms. Urmila Hemant Shinde

3rd

19

Resi.

22.

Mr. Pratap Babulal Acharya

Mr. Pratap Babulal Acharya

3rd

21

Resi.

19 21.

Late Mr. Vitthal Sitaram Govekar

3rd

Mr. Jayantilal D. Jansali/ & Mrs. Uma J. Gohel

3rd

22

Resi.

Mrs. Damayanti D. Jansali

3rd

23

Resi.

S. Name of Tenants No

Name of Occupants

Flr.

1.

Mr. Rohan Narendra Karekar/ Mr. Prakash Dattaram Jadhav

Gr.

Shop User /Rm. Resi/ No N.R.

1

N.R.

Gr.

2

Resi

Gr.

4

1st

6

24.

Mr. Jayanti Domaji Jansali / Smt. Uma J. Gohel

Mrs. Damayanti D. Jansali &/ Late Dudhiben.D. Jansali

C.S. No. 596

Mr. Rohan Narendra Karekar/ Mr. Prakash Dattaram Jadhav

2.

Mr. Dyaneshwar Sitaram Kohinkar

Mr. Dyaneshwar Sitaram Kohinkar

4.

Late Mr. Kisan S.Daphale

Mr. Manohar Kisan Daphale

3

Late Mrs.Hirabai Kishan Dafale

Mr. Arun Kisan Dafale

Gr.

Mrs. Icchudevi M. Kothari

Gr.

Mr. Ulhas Mohan Raikar

Late Mr. Mohan K. Raikar

Mrs. Meena Mohan Raikar

Mr. Laxmikant C. Murkute

Mr. Laxmikant Chhaganlal Murkute

5

Mrs. Icchudevi M. Kothari

7.

Late Mr. Kashinath S. Raikar

6.

8.

9.

10 11

12 13 14 15

Late Mr.Ganpat G. Herekar

Ms. Usha Narayan Herekar

Late Mr. Chandrakanth Laxman Lotalikar

Mr. Anil Lotalikar

Late Mr.Vishwanath R. Lotalikar Late Mr. Genubhau Tukaram Chaware

Late Mrs. Chandravati Purushotam Chodankar Mr.Gulabrao S.Suryavanshi

Late Mr. Ramakant C. Murkute

Chandrakant

Mr. Kishor Vishwanat. Lotalika

20

Resi.

Smt. Parvati S.Lotlikar

23

Smt. Parvati S.Lotlikar

Mr. Vineet Sitaram Govekar

17

Resi.

Resi.

3

Resi

5

Resi.

1st

7

Resi.

1st

9

Resi.

1st

1st

2nd

8

10 11

Resi

Resi.

Resi

Resi.

Resi.

Mr. Nivarutti G. Chaware

2nd

12

Resi

Mr.Gulabrao S.Suryavanshi

2nd

14

Resi.

Mr.Premkant Chodankar

Purushotam

2nd

Mr. Sandesh R. Murkute/Mr. 3rd Sandip R. Murkute

13 15

Resi.

Resi.

Any person other than the above listed having any objection regarding their tenancy right, title interest or claim against the above premises, are requested to submit the same within 7 days from the date of publication of the notice, to the following: Ex. Engineer C-3 - Div, C - Ward, Rupa Lane, Chandanwadi, Mumbai – 400 034.

Mr & Mrs. Lumbharamm R.chhoudhary (Owners / Developers), Mahaian gully,bldgno.12,shaikh memon streett,mumbai-02

Fugitive nabbed in Belapur

08

Afternoon Despatch & Courier

CITY

The accused was initially making misleading statements but upon the interrogation, he Navi Mumbai crime branch has ar- Khan revealed that a case under Uttar rested a 32-year-old criminal from Bela- Pradesh Gangster Act was registered against pur who was accused of killing two him with the Sirsiya Police Station.

Following this, Navi Mumbai crime branch persons in Uttar Pradesh. The accused fled from the state and came to the city to take a officials contacted Uttar Pradesh police who confirmed that Khan was wanted for killing shelter after having committed the crime.

The crime branch officials got a tip-off that two people.

The police said that several cases had been a fugitive would come to city and nabbed him in Belapur when he alighted from a bus on registered against him with Sirsiya Police station under sections 147, 148, 302, 201 of the Inthe Sion-Panvel Highway.

According to police, the arrested fugitive is dian Penal and the Uttar Pradesh Gangster Act accused of the murder of two persons in Uttar and a manhunt had been launched for him.

He added that the Uttar Pradesh GovernPradesh. “The accused, Baddrudin Lale Khan, had, along with a group of miscreants, killed ment had also announced a reward of two people with a sharp weapon. He had then Rs.5,000 for anyone who could give them infled the spot,” assistant commissioner of Po- formation on the whereabouts of Khan. lice (crime) Suresh Pawar. amit.srivastav@afternoondc.in

T

Azad Shrivastav | ADC

By Amit Srivastav

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

A father takes his son to see the surf hit the shores as the high tide enters onto the beach at Dadar Chowpatty.

Cops saved me from becoming robbery victim: Yukta Mukhi Former Miss World’s maid held in Rs.6.5 lakhs robbery case, absconding from last more than one month

By Zuber Ansari

M

iss World 1999 Yukta Mukhi has appreciated the work of Mumbai Police who in her words saved her from becoming another robbery victim. These kind words for the police dept came after Mukhi came to know about the arrest of her 38-year-old housemaid, a habitual robber and wanted in robbery case, by Kandivli Police on Saturday night.

The maid was picked up

by Kandivli police from Mukhi’s Dadar residence on charges of a robbery which she committed on May 4 this year at the house of Nagma Yaseen Amaan (48) at Railway Quarters in Kandivali (W).

Assistant Police Inspector

(API) from Kandivli Police station Raghuvindar Kshirsagar said, “We have arrested Sunita Nandkumar Varik (38) and her boyfriend Vinod Eshwar Karande (35) in connection with a month old robbery case. She is very clever and has many similar cases registered against her in various police stations including Nerul in Navi Mumbai.”

“In the last robbery she committed, she worked for a few months to win the confidence of the family. Then on May 4 she decamped with gold jewellery and some cash. She hails from Navi Mumbai,” added Kshirsagar.

Officials from Kandivli Police station said that Mukhi was unaware about her criminal past because Sunita had been under Mukhi’s em-

ploy only for the last week or so.

Police sources from Kandivali Police station revealed that, her mobile last location was traced in Gorakhpur were she staying in guest house on rent basis, and later her mobile got switched off, but few days back when she landed in Mumbai and activated her mobile phone from different number we got her mobile location with the help of Mobile IEMI number in Dadar, accused Sunita is using three mobile card in which one was given

by VIinod.

“We booked them under section 381 and other sections of IPC. On Sunday they were produced before the court and were remanded into police custody for three days,” added Kshirsagar.

Tanker plunges into river near Manor

By Suresh Golani

by jumping out just in time, the driver Suresh Yadav (25), is tanker belonging to a pri- still untraceable, police said. vate chemical company According to the police, the plunged into the Surya River tanker was headed towards from a road over bridge near Mumbai, when in an attempt Manor on the Mumbai- to give way to another vehicle Ahemdabad Highway, early coming from the opposite direction on the narrow bridge, on Sunday morning.

Fortunately, the tanker, the driver lost control over it. which had a capacity of The tanker hit the railings of 12,000 litres, was empty as it the bridge and plunged almost was on its return journey to- 70 feet down into the river. wards Chembur in Mumbai “While attempts were on to after unloading its consign- trace and rescue the driver, a ment of salicylic acid at an in- case under sections 337 (causdustrial unit in the MIDC ing hurt) and 279 (rash driving) of the Indian Penal Code has area of Tarapur.

While the cleaner of the ill- been registered in this connecfated tanker (MH 06 AQ 3058) tion,” informed Assistant Poidentified as Santosh Jaiswal lice Inspector of Manor Police (23), managed to save himself Station Meghna Burande.

A

FIAPO urges CM to cancel ownership papers of Bijli

HC relaxes bail condition of fake doctor

By A Staff Reporter

condition prohibiting him from selling his self acn a relief to alleged conman claimed miracle drug 'Body and fake doctor Munir Revival' albeit permission Khan, the Bombay High from state government auCourt has relaxed the bail thorities.

I

Ch.E/PD/1461/II dated 18-6-2013

Short E-Tender Notice The tender notice for the work of “Essential Structural Repairs to Dinanath Mangeshkar Natyagriha Mandir & Market Building at Vile Parle (E), in K/E Ward (PhaseII)” (Bid No. 7100018227) at the total estimated cost of Rs. 8,46,76,412/will be available at http://portal.mcgm.gov.in on dated 24-06-2013 from 11.00 a.m. to 01-07-2013 upto 12.00 p.m.

Sd/Dy.Ch.E.(P&D) Subs PRO/331/ADV/2013

Avoid Self Medication

Khan was arrested in 2010 for cheating and fraud under the Indian Penal Code and various sections of The Drugs and Magic Remedies (Objectionable Advertisements) Act. He was accused of making tall claims about 'Body Revival' which he claimed to cure cancer, heart blockages and so on.

On July 20, 2010, a sessions court granted bail to Khan but imposed a condition prohibiting him from manufacturing and selling his miracle drug.

Khan approached the High Court this year seeking relaxation of the bail condition. According to Khan, the licensing authority from Rajasthan, where his factory is located, on April 9 permitted him to manufacture and sell his medicines after he

agreed to not exaggerate its benefits.

Justice R C Chavan, after hearing the arguments, recently relaxed the bail condition. The judge clarified, "It, however, should not be interpreted as a permission granted by this court to sell the product and the sale would be subject to all the rules and regulations in force in the state of Maharashtra as well as in other states."

In his petition, Khan claims to be the proprietor of two manufacturing units in Kota (Rajasthan) and Baddi (Himachal Pradesh).

Several celebrities including Tabassum, Ruby Bhatia and others had endorsed and advertised on television Khan's miracle drug 'Body Revival' as a cure for all diseases.

By Prashant Hamine

T

he Federation of Animal Welfare Organisations (FIAPO) has in a letter written to Chief Minister Prithviraj Chavan yesterday urged him to cancel the ownership papers of ailing elephant Bijli and has requested for her rehabilitation to a rescue centre.

In a statement issued yesterday, FIAPO spokeswoman Manisha Manchanda said, “Elephants live in social family herds in the wild and are migratory large herbivores.

They also have the status of being a Schedule I protected flagship species as well as being a national heritage animal. Forcing Bijli to live chained in an urban environment, and exploiting her by making her beg for commercial gain is in violation of the Prevention of Cruelty to Ani-

mal Act 1960-Section 11, 21, 22, Wildlife Protection Act – Section 39, 40 (2), 49, Performing Animal Rules 1973 and 2001 and Elephant Preservation Act 1879, Section 3.”

She further added that the FIAPO has written to the Maharashtra government to not return the animal to her negligent owner and instead move her to a rescue centre, where she can be looked after appropriately. Manchanda stated that Bijli’s case is one of many such incidents of abuse that captive elephants experience across the country. It is time for the public and the government to work in unison to ensure a cruelty free world for captive animals and ensure stringent enforcement of welfare guidelines so that no other animal is subjected to such recurring abuse, she added.

Afternoon Despatch & Courier MUMBAI

| MONDAY, JUNE 24, 2013

09

10

Manmohan better finance minister than PM I

Afternoon Despatch & Courier

EDIT PAGE

DESPATCH & COURIER

Ponder awhile...

“Propaganda is a soft weapon; hold it in your hands too long, and it will move about like a snake, and strike the other way.”

— Jean Anouilh

Doublespeak

by Pak PM ON the eve of the national elections in Pakistan, Nawaz Sharif had declared: “What are we fighting for?”

There was no difference, including Kashmir, between the two countries that could not be sorted out, he had said. And he referred to the common history, heritage and culture of India and Pakistan and noted that it should be easy for our two countries to remain in permanent friendship. Prime Minsiter Nawaz praised our political leaders and said among others, he had great admiration for former Indian PM Atal Behari Vajpayee.

Nawaz Sharif was keen about visiting India and he said he would go even if he was not invited. He invited Prime Minister Manmohan Singh to visit Pakistan and also be at his swearing-in ceremony as PM. Indian leaders almost believed that Nawaz would change course and work towards building friendly tries and cooperation between the two countries.

It has not taken much time for India to realise that Pakistan has not changed one bit under Nawaz Sharif.

Developments in just one month have shown that Pakistan’s foreign policy is not going to change and that, in fact, it may become more tough.

Just a day after Nawaz was elected, there were three ceasefire violations along the LoC and an Indian soldier was shot dead. Only a couple of days ago, there was one more ceasefire violation.

And just two days ago, India got a big shock: the Punjab government has allocated Rs. 6.1 crore for Hafeez Saeed’s Jamat-ud-Dawa, a terror outfit which carried out the 26/11 Mumbai attack.

The doublespeak by Pak Prime Minsiter Nawaz Sharif is loud and clear.

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. 77

F you feel a sense of déjà vu, you are not alone. There are lots of Indians who might be forgiven for thinking they are back in the 90s. Internet invariably is the first to reflect the popular mood. A satirical message that has gone viral on the Web reads: GDP back at five percent; Dalmiya back in BCCI; Murthy back in Infosys; Nawaz Sharif back in Pakistan; Madhuri back in Bollywood; Sanjay Dutt back in jail. Yeah, the clock seems to have been moved back what with the rupee sinking and the foreign exchange reserves again looking vulnerable.

A vital part of the remedy for the 90s’ crisis that was pressed on Narasimha Rao by the IMF-World Bank combine was to appoint a professional as finance minister. I. G Patel said no. Manmohan Singh said yes. Much water, one may add dirty despite hundreds of crores spent by Sheila Dixit, has flown down the Yamuna bridge since those days when India had to pledge its gold with the Bank of England. to tide over the forex crisis.

Rao is no longer around and the Congress leadership seems hell-bent on obliterating his memory. Singh has since become prime minister, albeit a nominated one. Ironically, what he had managed to achieve in the 90s under the stewardship of Rao, Singh has failed to achieve a fraction of that success under the aegis of his boss Sonia Gandhi.

Blaming global factors for the economic woes is an old ploy but it fools no one. The economic mess is largely of the UPA’s own making. Though this column is not about the state of the economy, but nonetheless a few facts ought to alert readers about the gravity of the situation. Rupee was 45 to a dollar in early 2004. This past week it touched 60 to a dollar.

That is progress for UPA. Forex reserves are about $ 290 billion alright, but much of it is short-term debt which can be recalled at short notice. And the trade deficit is a whopping 5.1 percent of the GDP thanks to policy inaction and wrong-headedness on the export front. The outright ban by the apex court on iron ore exports following large-scale illegal mining added to the current account woes.

Admittedly, the latest run on the currency was triggered by the US Fed which is tamping down on quantity easing. But, surely, it cannot be anyone’s case that the Americans should continue to pour liquidity into the global markets so that the Indian currency does not come under pressure. The Fed took that decision following the slow but certain revival of the American economy.

On the other hand, the rupee has been depreciating long before the Fed announcement. And the reason is the gross neglect and mismanagement of the economy. A number of economic pundits, in fact, argue that the rupee is even now over-valued and should depreciate at least seven to eight percent more. In other words, the intrinsic value of the rupee is about 65 to a dollar. And you know what will be the fall-out of the depreciated rupee? More hardships for the aam aadmi. Petrol, diesel, vegetables et al will become costlier. Yet, all that the Government does is it fields its policy works before the

‘Truth is God’ T

HERE is an indefinable mysterious Power that pervades everything. I feel it, though I do not see it. It is this unseen power which makes itself felt and yet defies all proof, because it is so unlike all that I perceive through my senses. It transcends the senses. But it is possible to reason out the existence of God to a limited extent.

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

media to deny the seriousness of the crisis.

From P. Chidambaram to his chief economic adviser, Raghuram Rajan, and that compulsive publicity hog, Montek Singh Ahluwalia, everyone seems to be engaged in talking up the rupee. If only it was so easy! Markets are a better judge of the health of the economy.

When the Sensex falls more than five hundred points in a single day it constitutes a huge vote of no-confidence in the Government’s ability to set things right.

With less than a year left before the next parliamentary poll, the Government is hardly in a position to take tough decisions. Even if it musters the numbers in the Lok Sabha, no single legislative measure is likely to reverse the economic slide. Political drift and policy paralysis these past five years has taken a huge toll on the economy. Only a new government with an assured majority can put the economy back on the growth path.

Till then, the rupee would remain under

constituency of her mother. Once she is in the Lok Sabha, the Congress’s heir apparent can continue to remain that, that is, the heir apparent, while he nominates Priyanka to the top job. Idle gossip, you said? No, not really.

Such rumours/speculations in the political circles are for real. What happens eventually we will only know after the polls. But if you have reliable friends in the ruling party you too will be told that Rahul Gandhi is most reluctant to become PM. His disinclination may stem from the fear of failure but it is genuine.

How about drafting Nitish Kumar, now that he has done a huge favour breaking the NDA? Good idea, Rahul. Please remember Nitish when you are looking for a prime ministerial candidate, post-poll.

Nitish has betrayed all who helped him

S

INSIDE STORY Virendra Kapoor pressure, the share markets would move in a narrow band, and the aam aadmi will have to suffer double-digit consumer inflation.

The truth is the economist Manmohan Singh as PM is no patch on the economist Manmohan Singh as Finance Minister. But then you don’t have to be a leader in your own right to be a successful FM.

Nitish as Rahul’s Manmohan Singh?

W

ORD filtering through the AICC network has it that even if the Congress was in a position to form government in 2014, Rahul Gandhi himself would decline to head it. Instead, he would pick his own Manmohan Singh. So, the next question is obvious: who can be his Manmohan Singh?

Chidambaram is ruled out for two reasons.

One, he may find it hard to get re-elected. (By the way, the petition challenging his 2009 election is still pending.) Two, he is too smart to be trusted as a loyal follower. Kamal Nath can be ruled out for carrying a controversial baggage. Sushil Kumar Shinde has exposed himself as a dud in Home. Pranab Mukherjee is now happily ensconced in Rashtrapati Bhawan. None in Rahul’s own inner circle of aides has any administrative experience.

Such paucity of talent in the party has given some bright spark an idea. How about sister Priyanka Gandhi? Well, there is some talk about her contesting from the parliamentary I do dimly perceive that whilst everything around me is ever changing, ever-dying, there is underlying all that change a Living Power that is changeless, that holds all together, that creates, dissolves, and recreates.

That informing Power or Spirit is God. He alone is. Hence I gather that God is Life, Truth, Light. He is Love. He is the Supreme Good.

— Mahatma Gandhi

INCE Rahul is not supposed to keep track of these things, we might warn him that Nitish has marginalized everyone who had helped him rise up the greasy pole of politics.

George Fernandes suffered humiliation at the hands of his one-time disciple. Earlier, Lalu was betrayed by Nitish. Rajiv Ranjan Lalan, the JD(U) member of the Lok Sabha, was a close friend who found himself suspended from the party once Nitish became chief minister. And, above all, whether Sharad Yadav, the formal head of the JD(U), admits it or not, he has been completely marginalized by Nitish. The decision to break with the BJP was dictated by Nitish. Yadav most reluctantly fell in line.

Advani victim of wrong advice

I

F the truth be told, L. K Advani should stop paying heed to the incessant advice from his daughter Pratibha and a few of her chamchas in the BJP. She, like any other daughter, would wish to see her Dada realize his life’s ambition of becoming prime minister. But Advani as a life-long Swayamsewak should take his own decisions instead of being pushed into the role of a rebel at the ripe old age of 85. There is no doubt that Pratibha and, to an extent, his senior aide, Deepak Chopra, goaded him to resign in protest against the anointment of Narendra Modi at the BJP conclave in Goa. But what was the end result?

Humiliation, when he withdrew his resignation at the instance of the RSS chief, Mohan Bhagwat.

(By the way, an SMS doing the rounds reads: A domestic servant quit suddenly, thus causing a crisis in the household of an upperincome family. Approached by the woman of the house to reconsider her decision, she angrily retorted, “Mem Sahib, Mein Naukrani Hoon, Advani Nahin.)

However, even now he continues to behave in a petulant manner, showing his anger at being bypassed by Modi. If only Advani could think calmly, he would himself conclude that a country with more than two-thirds of the voters below the age of 35 is hardly likely to settle for him. He would be 86 when the polls are held next May. Why does he allow himself to be misled by his near and dear ones? He is only opening himself to public ridicule by acting out of sheer bitterness.

In 2009, he got his chance but the country did not want him as PM. He can still play a useful role in the party, which owes its rise to a large extent to him, by genuinely becoming a senior statesman, mentoring Modi, Jaitley, Swaraj, etc. But to do so, he must before hand announce that he is no longer in the race for prime ministership and would do his best to see Modi in that position.

11

Afternoon Despatch & Courier

LETTERS Disaster management non-existent in Uttarakhand

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

IT now transpires to our horror that there has been no disaster management plan for Uttarakhand, and unregulated and unplanned construction has gone on all over the state for years. As mentioned earlier in this column, at the most critical confluence of the Bhagirathi with the Alaknanda at Rudraprayag, houses have come up right on the river banks (see the photograph taken three years back) and most of these have gone with the river waters during the floods. The Alaknanda is on the right and the Bhagirathi is on the left in the picture. The national highway to MISMANAGEMENT: The government’s incapability of predicting and tackling a Badrinath follows the Alaknanda disaster such as the one in Uttarakhand, might result in the loss of more lives in future. upto Joshimath and then deviates aster management plan more seto Badrinath, while the road to stories unfold, I find myself conriously and be clear about imple- cerned about their gigantic scale Kedarnath follows the Bhagirath. menting it when disaster strikes.

Another factor that has conand the number of people who Almost twenty outside experts, in- have suffered the wrath of nature. tributed to the unprecedented calamity has been the large num- cluding this writer, have conThe observations of environmenber of pilgrims who have been al- tributed to the DMP which no tal experts reveal that there has lowed to travel in the treacherous other city in the country can been a rampant infringement of boast of. It is therefore very necterrain without any adequate environment preservation regulaessary to be able to put it to warning of heavy rains, cloud tions by greedy builders and proper use, if another 26/7 hapbursts or landslides. Our heart politicians with vested interests. pens this year. goes out to all those hundreds While nearly 100,000 pilgrims who have perished and the thou— Dr. V. Subramanyan, Thane have been marooned and a large sands who are still suffering. number of them have perished, There is a lesson for Mumbai in not a single minister from any

this mega-tragedy – the BMC state or the Centre has reached needs to take its ten year old disAS more North Indian hill disaster the spot so far. They can not claim

that these places are inaccessible, as the electronic media has already established itself in Kedarnath, Badridham, Gaurikund and the other affected regions. Although the Prime Minister and Sonia Gandhi have conducted an aerial survey, their efforts seem quite bland in the face of such a disaster. It is time that the authorities arrange to pump in more choppers, safety harnesses, food & shelter or the number of casualties would only mount with time.

— Bikram Banerjea, Mumbai

IT is strongly felt that the Meteorological Department, should have warned the pilgrims as well as the Central and State Governments, to take measures which would have gone a long way in reducing the unprecedented damages of this multi-dimensional disaster to innocent people. The Government is spending tax-payers money, while this Department has got away with blood on its hands. It is high time the Department is held responsible and its officials punished for dereliction of duty causing heavy human and other losses.

— T.M. Uday Shankar, Mumbai

tween the two. Similarly when our PM spoke to Chinese leaders after the Ladakh incursion, China relented and withdrew their forces.

Today, entering into an arms race with China should not be our priority as this huge sum of $ 10 billion has hit our economy hard, while the Rafele fighters will wait in the hanger for Chinese incursions to happen in the future.

— K.V. Satyamurty, Mumbai

Air India fumbles TRAVELLING by Air India has become deadly for passengers. We constantly hear about inordinate delays in AI flights and hit and miss cases on the runway, while the crash at Mangalore airport still sends shivers down our spines. We also hear about an AI pilot allowing two air hostesses to run the show, which was a big risk. In the Mangalore crash, the pilot was said to have overslept, overshooting the runway.

Now, the plane is put in auto mode and given to the airhostesses, thus putting the lives of passengers in grave danger. Instead of owning up to his error, the pilot blames the hostesses for distracting him with their banter about their married lives and movies. DGCA has thankfully refused to accept the excuse and have suspended all three. It is now time that the Air India management and the Minister of Aviation make travel more meaningful, rather than putting people at risk so often.

— Subbu Ceekay, Nerul

PM must be diplomatic EVER since Narendra Modi’s name started doing the rounds as the BJP mainstay for the General Elections 2014, opposing parties began trying to find fault with him, thereby giving the Gujarat Chief Minister more and more publicity. The JD(U) parted ways by quoting OF Modi as the reason for LETTER THE DAY the breakdown in relations. However, the PM by entering in a war of words with Modi, is trying to portray himself as the better of the two, thereby making the grave mistake of counting his chickens before they are hatched. The PM should not stoop to such a low level.

SPEAK EASY: The PM is expected to maintain his self-respect at all times.

As a veteran politician and a senior PRO, he should not have commented on Modi at all. Thus, the PM needs to learn diplomacy and stay away from washing dirty linen in public or he might just be in for a rude shock in the 2014 polls.

— C.K. Ramanathan, Ghaziabad

had the RBI gone on the offensive and cut rates to propel growth across all sectors. Keeping rates unchanged was a defensive strategy to prevent FII outflow and to keep dollar fluctuations stable, but the domestic industry and demand suffer in the bargain. We need to accelerate the growth of our economy by encouraging domestic manufacturing industries and cutting back on imports, thereby increasing foreign inflows. Fuel bills should be also be curbed using innovative methods thus cutting back on the expenditure on crude oil.

— S.N. Kabra, Goregaon

US turns a blind eye A PRIVATE news channel, very recently telecasted an item, supported by a few relevant clips, exposing Pakistan’s complicity in sponsoring terror activities. Despite this, and other corroborating evidence, the USA still believes in Islamabad’s “sincerity” in “fighting” extremism. The Obama administration continues to send lethal arms to the theocratic nation, in addition to billions of dollars as “economic” aid. This supplements the unending flow of petro-dollars received by Pak from the oil-rich sheikhdoms in the Gulf region. The White House never acknowledges the fact that Pakistan serves as a conduit for the worldwide terrorists’ activities, in spite of some glaring evidence to the contrary. Are they waiting for another 9/11 to happen?

— Arun Malankar, Santa Cruz

Brave, compassionate woman

I HAPPENED to stumble upon this place called Towang in Arunachal Pradesh where there lives a woman THE RBI’s decision to keep interest of extraordinary caliber. She is rates unchanged in its monetary Padma awardee Binny Yanga, a policy announcements was ex- tribal cancer survivor who works for pected due to the rising value of the the destitute. As part of her work US dollar against our currency. she has formed the Oju Welfare AsHowever, it would have been great sociation under the All Subansiri

RBI’s defence strategy

District Girls Welfare Association and has raised her voice against all kinds of social evils particularly child marriage, forced marriage and dowry. An article about Yanga states that she has also established a Secondary School for 100 girls, affiliated to the CBSE board, and also a Vocational Training Centre.

Yanga was afflicted with a lethal cancer, but remained undeterred in her mission to help the poor.

The lady, who was given just six months to live, is presumed to be in her late fifties now and is still working as hard as ever for the poor.

I think her effort is commendable and calls for courage, inspiration and determination.

— P. Chakravorty, Fort

Lanka seniors did it all TEAMS from the sub-continent regularly fail in English conditions, and playing in the first half of the English summer is most difficult with regular rain interruptions curtailing matches. When Team India reached their comfort zone after the second match, Sri Lanka kept pushing till they secured a semi-final berth. The three musketeers from Lanka played to a plan to achieve this. Dilshan helped with the quick scoring upfront, followed by Sangakkara with his intelligent batting and Mahela Jayawardene, who used his 394 match experience to win the crucial match against Australia and assured the island side a berth in the semifinals. Thus the Lankans will be playing India at the knock out stage, making it tough for both teams.

— Akhilesh Krishnan S., Khargar

Don’t meddle with China IT is reported by financial analysts and economists that India has made apurchase of 126 Rafaele fighter jets at a cost of $10 billion from France, thereby recording the highest such purchase in recent history. The reason behind this pur-

chase is apparently to face the possibility of an airborne challenge from the Chinese. The purchase, however, has tilted the scales of the economy and brought the rupee crashing down to 58 units versus the dollar. All these arrangements come at a time when the Chinese Prime Minister, on a visit to India, stated that China cannot afford to have a war against us, as there was a major business relationship be-

Forewarned is forearmed HATS off to the ADC for closely monitoring the monetary policies across the globe and reporting them for the benefit of the common man.

The government should heed this wake up call and act before the nation lands in turmoil. All the best to ADC. — Laxminarayanan B., Mumbai

Madras HC order a double-edged sword THE recent Madras High Court order, which states that unmarried men and women engaging in sexual gratification will be considered married, has raised several questions. It can only be hoped in this case, that wiser council will prevail to iron out the freely moralising nature of the order. The law in our country has been a key instrument in reforming gender practice-from consent controversies, to pitching the battles for inheritance rights for women, getting women their rights to custody and maintenance as well as preventing female foeticide. The language used in these laws, is also important because the protection of women and their rights needs to be ensured in a modern and democratic temper, and not as a patriarchal assurance of a woman’s honour. This explains why there are such strong pleas that ask for traditional words, representing the act of outraging the modesty of a woman, to be comprehensively replaced with words that assert a woman’s legal rights over her bodily integrity and personal autonomy. The High court order is therefore more to check on the complexity of the challenge placed before the judicial sys-

ADVANTAGE SPINSTERS: Unmarried women can now seek maintenance from their partners. tem and how it can be handled.

— Bhagwan Thadani, Pune

THE recent judicial pronouncement about sexual relations between two adults and marriage may have far reaching consequences. A sex worker who is regularly visited by a particular client can claim maintenance from him on the grounds of being his wife. The over-burdened courts across the country might find themselves flooded with similar types of petitions.

— Vineet Phadtare, Borivali

9/12 Eastern Freeway ramps operational

12

CITY

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

Many first time users of the Freeway are unaware of the entry and exit points

By Prashant Hamine

N

ine out of the twelve ramps on the 16.4 km long Eastern Freeway (EFW) has become operational since its inauguration on June 13. Many first time users of the Freeway are unaware of the entry and exit points along the stretch, which leads to a bunching of four wheelers at the P. D’Mello Road in South Mumbai and at the Chembur-end of the Freeway.

For the benefit of our readers, these are the details of the ramps on the Eastern Freeway that are in use and those which will be completed

by December end this year.

Ramp-2

on P D’Mello Road near SV Patel Junction is meant to join EFW from South End. Ramp-3 on P D’Mello Road is meant to go down towards South Mumbai.

Ramp-4 near Orange Gate for Mumbai Port Trust traffic to enter into MBPT area.

By Tariq Khan

I

t’s not difficult to figure out why Mumbaikars are cringing over high electricity bills. Increased power tariffs coupled with electric-

One ramp at Mahul Creek Bridge will join WTT Road for traffic coming from Panjarpol Junction. This will enable motorists to either take left turn to go towards Wadala or take right turn and join Eastern Express Highway. This ramp will be completed in December 2013.

by December 2013.

Ramp-7 near Mahul area (Salt pan

land) to joint EFW from WTT Road will enable motorists to go towards South Mumbai. The Ramp is expected to complete in December 2013.

One ramp at Mahul Creek Bridge will join WTT Road for traffic coming from Panjarpol Junction. This will enable motorist to either take left turn to go towards Wadala or take right turn and join EEH. This ramp is expected to be completed in December 2013.

Second ramp at Mahul Creek Bridge will join APLR traffic to go towards Panjarpol Junction. This ramp is expected to be completed in December 2013.

The two up-ramps and two Ramp-5 enables MBPT traffic to down-ramps at RCF flyover (One joint EFW to go towards Chembur. down-ramp near Mahul Village is Ramp-6 near Mahul area (Salt pan under construction. Rest of the land) to join Wadala Truck Terminal three ramps is ready and is in use).

Road motorist can go towards ei- One up-ramp and one down-ramp ther Chembur or Wadala. However, at Panjarpol Junction are ready and this Ramp is expected to complete are in use. ity theft are proving to be the primary reasons behind most inflated bills.

The main power distributor of in the Eastern suburbs is Reliance Energy (formerly BSES), and the power

Electricity mafia holds sway in Eastern suburbs Mafia steals power from legal connections and leaves residents with huge bills, at the same time endangering them with exposed cables during the monsoon

Power mafias are active in slums like Bainganwadi, Shivaji Nagar and Gautam Nagar in Govandi, adding to the woes of the locals.

tariff in western and eastern suburbs is reportedly seen as higher than that in the island city. Trying to cash in on this desire to save on the cost of electricity, power mafias are on the prowl in slums like Bainganwadi, Shivaji Nagar and Gautam Nagar in Govandi, thus adding to the woes of the locals who have legal connections in these areas.

The unabated rains are proving to be another problem for slum residents. “Mafias through their well oiled network illegally extract power by connecting wires to legal connections and slyly pass their wires atop the roofs of these slums or against the side walls.

These mafias are allegedly hand in glove with some officials and some corrupt policemen. Hence no action is being taken against them,” laments Arvind Kangne, a resident.

He further adds, “These illegal exposed wires are bound to cause accidents or even deaths, particularly These illegally exposed wires are bound to cause accidents or even deaths, particularly during the monsoon. during the monsoon.

Sources say that every year When the ADC spoke to a senior the Additional Commissioner of Poaround 50 deaths occur in these parts of the suburbs due to such il- Reliance Energy official, he said on lice (Eastern Region) discussed the legal connections. Police term these the condition of anonymity, “A menace and measures of curbing it. as accidents and close the cases, de- meeting was once held between Re- Reliance Energy is also aware of the spite knowing that these deaths are liance Energy officials and the po- problem and we are doing our best caused due to the exposed live wires lice to discuss these illegal to get rid of it.” connections, where Quaiser Khalid, from illegal connections.

The Real Estate Matrix

pg14 Housing Finance on a Strong Footing pg16 Cashing On Outsourcing

pg17 The BenQe Effect pg19 Buy ONGC, Satyam Computer and Hindustan Zinc

Afternoon Despatch & Courier

While there is no doubt that the Real Estate Regulation & Development Bill is a necessity policing mechanism for the sector, as analysis and debate continues, various other realities seem to be cropping up. In fact, a complex matrix form has emerged with different permutations and combinations revealing that the numbers game on the pricing front will remain the same, although its presentation formats will change.

Simply put, the property now bought on ‘Super built up’ area at price ‘X’ will remain the same, but presented as ‘Y’ on ‘Carpet area’. Similarly on the black money and corruption fronts new game changers will unfold. Mayura Shanbaug reports...

MUMBAI | MONDAY, JUNE 24, 2013

no jurisdiction over that,” he says.

According to Liases Foras, a consultancy firm, in the year to June 2012, about $6 billion, or 30 % of total transactions in the property sector, were executed using black money. Real estate accounts for more than a 10th of India's $1.85 trillion economy.

T

he Real Estate Regulation & Development Bill aimed at checking the huge inflow of black money into the realty sector; bring greater accountability, transparency and prevent fraud and delay has proposed the appointing of a national regulator. However, there is widespread cynicism about whether it can stamp out the practice as there are various windows left open for developers and corrupt officials to manipulate the system.

According to experts, with the clause of selling the property as per carpet area and not by super built up area as the practise is , the fear is that developers will demand a greater percentage of the transaction as ‘on’ or cash, there by failing the very purpose of the bill .

Many developers in the country demand up to 30 % of the price in cash, a small slice of the ubiquitous, unaccounted "black money" that costs India's straitened exchequer billions of dollars in lost taxable income.

This practise is vehemently denied by Lalit Kumar Jain, chairman of the Confederation of Real Estate Developers in India (CREDAI). According to him in this part of the world the practice of demanding black money does not exists any more. “None of the reg-

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istered reputed builder indulges in such malpractice any more. The transactions done by them are white,” he says.

However, he indicates that black money will enter the scenario in a different form. “The Bill has many lapses like appointing a government official as regulator rather than a third party person, who will create a situation where corruption will again be rampant and black money will enter the system,” he says. Black money comes in handy for bribing corrupt officials. "There is a cost of pushing the file. But what is the alternative?" asks Jain.

Though the draft says developers will have to get accreditation for projects from the regulator, make public disclosure of details including the price of units, and maintain a separate bank account for each project to collect payments from buyers, it will not have control over land deals, which is where illicit activity is widely believed to be rampant.

"The bill is not going to help solve the issue of black money," says Anurag Mathur, chief executive officer of project and development services at Jones Lang LaSalle India. "Black money is tied in or shifted through land transactions and the regulator will have

DES PATCH & COURIER

Feature

Incidentally, RBI rules prohibit bank loans to fund purchases of land, a regulation designed to curb speculation and reduce balance sheet risk for banks. To fill that void, wealthy individuals, including politicians, are widely believed to

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C

MUMBAI | MONDAY, JUNE 24, 2013

hange across the Indian housing finance sector has been gradual, but when looked at holistically, the benefits have been immense. A stable regulatory environment and the establishment of institutions to support housing finance have helped strengthen the sector.

The housing finance sector in India has been well regulated between the Reserve Bank of India and the National Housing Bank. The best testimony to this was the timely intervention of the regulators in the pre-global financial crisis period. In order to ensure that there was no build up of asset bubbles in the Indian financial system, the regulators prohibited banks and housing finance companies from providing funding for land transactions. In addition, the regulators imposed counter cyclical provisioning norms and risk weights, which insulated the financial system. Globally, financial regulators have come under severe criticism for their inability to have anticipated the impact of real estate bubbles on their financial systems. India, however, stands as an exception and due credit must go to the regulators.

The financial architecture created to support housing finance has helped the business tremendously. For instance, till the year 2000, there were no credit bureaus in India.

Today, there are four established credit bureaus. HDFC had the privilege of being one of the promoters of the first credit bureau in India. The greater milestone, however, has been that people are now more conscious of the importance of maintaining a good credit history. As customer records with credit bureaus have increased manifold, lenders are able to increasingly rely on credit scores to check an individual’s credit history prior to lending. This strongly supplements the credit appraisal process.

The setting up of the mortgage repository, CERSAI, has been a step in the right direction. CERSAI was set up with the prime objective of preventing frauds involving multiple financing by different lenders against the same property. Further, the recent collaboration of CERSAI and credit bureaus will benefit lenders because there will now be an integrated platform to view both, a borrower’s credit score and check the encumbrance status of a property at one go rather than shuttling between two platforms.

Another landmark was the enactment of the SARFAESI Act, 2002. Till then, there were no foreclosure norms in India and the only way to recover a loan from a defaulter was through the civil courts, which were fraught with endless delays as courtroom procedures could take years to reach a conclusion. SARFAESI has proved to be an effective and

Continued from pg 14 « invest "black money" in real estate sector.Some of that money can later be poured back in the form of election campaign donations from developers, say experts.

Though the government claims that the records of project account would help in trailing the money inflow into the sector, there are many aspects that can not be curtailed. “Till now investigating agencies used to face a tough time trailing black money in the absence of any record," said Former Housing & Urban Poverty Alleviation minister, Ajay Maken while presenting the draft.

However, the belief that a large share of illicit money sloshing around the sector is tied to politicians makes it look difficult.

"There can't be a legal measure to put an end to black money ...

Housing Finance On A Strong Footing DEEPAK PAREKH

ear to the ground. Customers must understand the risks entailed in the products they opt for and lenders should fulfill their obligations of responsible lending. Red flags must be raised if schemes or products are detrimental to the system as a whole. Unhealthy business practices can infiltrate into the system due to the herd mentality instinct and business compulsions. However such breeding grounds must be nipped in the bud.

As a basic tenet, construction finance entails higher risks and therefore such risks have to be built into the pricing.

Construction finance should not, through any innovative structuring be available to developers at the rate of interest being offered on individual home loans. Further, complete up-fronting of construction finance to developers, even before the ground is broken is dangerous.

To my mind, teaser products, of any nature entail risks. Customers need to be cautious of ‘too-good-to-be-true’ type of products. Borrowers must not be blinkered into believing that there are no risks when developers offer to pay interest on a borrower’s loan for a specified period. Borrowers have to be cautious because in the event of a developer delaying payment, the credit bureau reports will reflect this in the borrower’s records, thereby impacting his or her creditworthiness. Ultimately, developers need to recognise that in the long-run, it is to their advantage to allow a correction in prices which will help their cash flows.

because this is where the real demand lies.

Most of these affordable housing projects have been sold out immediately. Hopefully, the more established and larger developers Chairman, HDFC will take a cue and focus on the affordable housing segment, rather than high end luxury homes that they currently cater to.

As far as legislation to improve transparency in the real estate sector is concerned, it once again is the unfortunate case of the proverbial one step forward, two steps back.

Various attempts have been made to revive the Real Estate (Regulation and Development) Bill. The case for a real estate speedy recovery mechanism. It is particularly regulator remains compelling to protect useful in the case of wilful defaulters. This act homebuyers and ensure transparency on the has helped to contain non-performing loans. part of developers. Developers continue to The government on its part too has played lobby against the bill as they consider it far a supporting role for housing finance. This too draconian and claim that this would be has been through continued fiscal incentives one more deterrent in the long drawn out on both, the principal and interest compoprocess of obtaining approvals. However, nent of a home loan. In the Union Budget there is no denying how imperative it is to 2013-14, a further fillip was given to first time cleanse the real estate sector which has been homebuyers who are now allowed an addicharacterised by opaqueness, speed money, tional one-time benefit of interest deduction vested interests and complete lethargy on up to ` 100,000 on a home loan. Such fiscal the part of the authorities in granting incentives help in reducing the effective cost approvals. Why should construction permits of a home loan for a borrower. take two years to obtain for a residential The avenues for raising long-term funds housing project and why can there not be a for housing finance companies have single window clearance mechanism? These improved significantly. Earlier, long tenor have been constant questions raised with no funding was hard to come by. However, with answers. While getting a real estate regulator the opening up and growth of the insurance in place requires Parliamentary approval sector in India, the investor appetite for long which may be difficult in the current milieu, term bonds has increased. The investor base implementing a single window clearance is in the bond markets too has widened to an administrative job and is clearly doable. include banks, insurance companies, pen- Increasing Supply, Removing Bottlenecks Ironically, the country is still left with a sions and provident funds, mutual funds and Solutions to the acute housing shortage in the Land Acquisition Act that is over a century foreign institutional investors. Bonds now country have been discussed endlessly though old while the new Land Acquisition Bill is constitute an important source of funding action remains slow and sputtered. Having being debated for over a decade, having been for housing finance. spent so many years in this business, one tossed over three different governments. The The environment for housing finance in recognises that one’s voice can never be loud fate of the bill is now uncertain and this is India has never been more stable and this enough when so many vested interests exist as extremely regrettable since recently, consenputs the future of the business on a surer far as land markets are concerned. sus was achieved with the Opposition on the footing. In FY 2013 - a year that witnessed Nonetheless, I am of the firm belief that one bill. However, a disruptive Parliament once India’s lowest GDP growth in a decade, the must not give up or be beaten down to silence. again rendered this effort fruitless. growth in individual home loans remained At the cost of perhaps now sounding like a Meanwhile, many states have made good strong. The demand for home loans is broken record, I continue to hold the stance progress in terms of computerising land immense given the acute shortage of hous- that increasing supply is the only way home titles. While these reforms happen more ing. Being increasingly convinced that the prices can come down in India. Even in Tier II silently, they are noteworthy. Land is a state worst is probably behind us, the future out- and Tier III cities, home prices are inflated. subject and one hopes that some progressive look for the housing finance sector is On an optimistic note, however, it is worth states will eventually see merit in piloting extremely promising. recognising the efforts of a new breed of single window clearances, at least for resiNonetheless, it is important to safeguard entrepreneurs and first time developers who dential housing projects. the housing finance market and ensure that have ventured into the affordable housing it continues to grow in a prudent manner. space. Such projects may be few and far (The above is his statement to shareholders which is part of this year's Annual Report) Regulators need to be vigilant and have their between, but the trend is encouraging

« CEO SPEAK

The Real Estate Matrix because ultimately it ends up in the political cycle,” said a Mumbai-based analyst.

realized for the project from the buyers, from time to time, would be deposited within fifteen days of its realization. This money will EXPECT A 20-25% HIKE solely be utilized for meeting the costs of the particular projects only IN PROPERTY PRICES and not be allowed to divert the The Bill is also assumed to make money for others.

“As the money does not come holes in home buyer pockets.

According to the developer com- cheap and permissions take 1-2 munity a few clauses in the bill will years to get, hence the growth in push the property prices in India the industry will be affected,” said by 20-25% once it comes into Pratik Patel, Director, Rajesh Builders. “If I am building 5 projbeing.

The developers site various rea- ects per year now, I will be able to sons as a justification. According to do just 2-3 at the most. The smaller the bill, the developers will have to builders will bear the brunt of this. maintain a separate bank account The supply demand gap will be for a particular project in a sched- adversely impacted,” he said. Plus uled bank. 70 % of the amounts compliance for each and every

aspect will delay the projects further and also increase the interest on the funds,” he added.

“The increased interest burden will eventually be passed on to the end users there by taking the rates upward by 20-25%,” Patel said. He further added that if developers can’t pre- sell the projects, the delay in projects will also aggravate supply demand imbalance which already exists there by pushing the prices further.

Real estate experts are also of the opinion that although the bill has many benefits for the actual users, it also has its share of limitations. They believe that this move would suck up the liquidity in the market. “Developers would have to look at other sources which could push up the prices further.

So the property prices could go up a bit due to these regulations,” said Niranjan Hiranandani man-

aging director of Hiranandani Group of Companies.

Hiranandani feels that the bill completely ignores the delays which take place from the side of the authority. “Authorities take a lot of time to grant us the building permissions. It could take anywhere between 2 and 3 years for a developer to get in all the approvals.

There should be certain provision which would ensure that the developer should get in the approval in a certain time frame,” he adds, explaining that a developer would now launch a project only after he has received all the approvals which are a long process.

“So we can anticipate a drop in all new launches at least in the short run. Also the property prices would also go up due to various factors like additional capital burden and paper work once the bill comes in force,” he says.

Investing

Afternoon Despatch & Courier

« MUTUAL FUNDS

MF UPDATE

Deutsche Mutual Fund revises exit load structure under its scheme Deutsche Mutual Fund has revised the exit load structure under DWS Short Maturity Fund an exit loads of 0.75% if redeemed within 3 months from the date of allotment. Revised exit load structure will be effective from 24 June, 2013.

JM Financial Mutual Fund declares dividend JM Financial Mutual Fund has announced dividend under the dividend plan and direct-dividend option of JM Arbitrage Advantage Fund. The quantum of dividend under each plan will be Rs. 0.2 per unit on the face of Rs. 10 per unit. The record date for dividend distribution has been fixed as 24th June 2013.

Birla Sun Life Mutual Fund announces merger of two schemes Birla Sun Life Mutual Fund has announced that Birla Sun Life Commodity Equities Fund - Global Precious Metal Plan and Birla Sun Life Commodity Equities Fund - Global Multi Commodity Plan have merged into Birla Sun Life Commodity equities Fund - Global Agri Plan with effect from 19th July 2013.

Pramerica Mutual Fund announces change in the name of the fund Pramerica Mutual Fund has announced to change the name of Pramerica Dynamic fund to Pramerica Dynamic Asset Allocation Fund. The name change will be effective from 28th June 2013. All other features of the scheme including the fundamental attributes shall remain unchanged.

Edelweiss Mutual Fund revises exit load structure under its scheme Edelweiss Mutual Fund has revised the exit load structure under Edelweiss Diversified Growth Equity Top 100 (E.D.G.E. Top 100) fund an exit loads of 2% if redeemed between 366 and 545 days and an exit loads of 3 % if redeemed before 365 days from the date of allotment. Revised exit load structure will be effective from 24 June, 2013

Deutsche Mutual Fund announces change in fund manager Deutsche Mutual Fund has announced change in fund management responsibilities, with effect from 24th June 2013. Accordingly, DWSTreasury FundCash Plan will be jointly managed by Rakesh Suri And Kumaresh Ramakrishnan as Co-Fund Manager.

Edelweiss Short Term Income fund announces change in exit load Edelweiss Mutual Fund has announced changes in exit load structure under Edelweiss Short Term Income Fund with effect from 18th June 2013. Accordingly, a load of 0.50% will be charged if units are redeemed or switched out within 140 days from date of allotment.

— Khushboo Panjabi

15

Foreign Exchange Risk Management MUMBAI | MONDAY, JUNE 24, 2013

REKHA MISHRA

is AVP Research, Currency Derivatives Bonanza Portfolio

« MANAGEMENT

R

isk management techniques vary with the type of exposure (accounting or economic) and term of exposure.

Accounting exposure, also called translation exposure, results from the need to restate foreign subsidiaries’ financial statements into the parent’s reporting currency and is the sensitivity of net income to the variation in the exchange rate between a foreign subsidiary and its parent.

Economic exposure is the extent to which a firm’s market value, in any particular currency, is sensitive to unexpected changes in foreign currency. Currency fluctuations affect the value of the firm’s operational cash flows, income statement, and competitive position; hence market share and stock price.

Currency fluctuations also affect a firm’s balance sheet by changing the value of the firm’s assets and liabilities, account payable, account receivables, inventory, loans in foreign currency, investments in foreign banks, this type of economic exposure is called balance sheet exposure.

Transaction Exposure is a form of short term economic exposure due to fixed price contracting in an atmosphere of exchange rate volatility.

PRAMIT BRAHMBHATT is CEO of Alpari FinancialServices (India)

Organization dealing in multiple currencies face a risk on account of sudden change in exchange rates, quantified in terms of exposure. Exposure is defined as a contracted, projected or contingent cash flow whole magnitude is not certain at the moment and depends on the value of the foreign exchange rates. The Process of identifying risks faced by the firm and implementing the process of protection from these risks by financial or operational hedging is defined as foreign exchange risk management.

MANAGING RISK

Exchange rates react to new information in an immediate and unbiased fashion, so that no one party can make profit by this information and in any case, information on direction of the rates arrives randomly so exchange rates also fluctuate randomly. It implies that foreign exchange risk management cannot be done away with the employing resources to predict exchange rate changes.

FOREIGN EXCHANGE RISK MANAGEMENT FRAMEWORK

Once a firm recognizes its exposure, it then has to deploy resources in managing it.

Forecasts: The first step for a firm is to develop a forecast on the market trends and what the main direction/trend is going to be on the foreign exchange rates.

Risk Calculation: Based on the forecast, a measure of the Value at Risk (the actual profit or loss for a move in rates according to the forecast) and the probability of this risk should be ascertained.

Benchmarking: Given the exposures and the risk estimates, the firm has to set its lim-

Buy USD/INR Futures On Dips

ent world economy is going through a rough phase. Federal Reserve Chairman has confirmed that the Fed is getting closer to pulling back on its $85 billion in monthly asset purchases to stabilize their economy.

European countries are also trying to keep up with the pace and are looking to recover from their economic crisis. The recent developments have affected all emerging markets and will take some time to stabilize.

At present the Indian rupee is looking he Rupee started the last week on a weak weak and is expected to make new lows in note by depreciating more than half a this week, not only against dollar, Rupee will percent on the first day itself as the dollar also depreciate against Pound, Euro and Yen index which measures the greenback against as fundamentally the Rupee is looking weak a basket of six other currencies traded strong and also the current overall sentiment is negagainst the other major currencies. Also the ative which will hurt Rupee further. Pound weak Rupee forced RBI to keep the policy and Euro is trading at all time high against rates unchanged CRR 4%, Repo rate 7.25% Rupee and is expected to trade near 95 and and Rev Repo Rate 6.25%. The markets 82 levels respectively as GBPINR, EURINR immediately reacted to this RBI decision, and JPYINR trades along with the USDINR equity markets traded negatively to its new pair. The depreciation against the dollar has intraday low and also the USDINR pair made forced the rupee to trade low against other its new intraday high weakening the Rupee further against the dollar.

It is recommended to be cautious and Buy USDINR Futures on dips with the appropriate stop loss as Rupee at this stage is expected to depreciate further against dollar. Pivot Point for the pair is at 59.05.

The rupee is expected to trade over 60 levels against Dollar in coming days as concerns over the CAD issue is not expected to be solved in near term. Also the markets over reacted the outcome of FOMC meet. At pres-

« FOREX

T

its for handling foreign exchange exposure.

The firm also has to decide whether to manage its exposure on a cost centre or profit centre basis.

Hedging: Based on the limits a firm set for itself to manage exposure, the firms then decides an appropriate hedging strategy.

There are various financial instruments available for the firm to choose from, futures, forwards, options and swaps and issue of foreign debt.

Loss Maintenance: It is imperative to have stop loss arrangements in order to rescue the firm if the forecasts turn out wrong.

Reporting and Review: Risk management policies are typically subjected to review based on periodic reporting. The reports mainly include profit/loss status on open contracts after marking to market, the actual exchange /interest rate achieved on each exposure, and profitability vis a vis the benchmark and the expected changes in overall exposure due to forecasted exchange/interest rate movement. The review analyses whether the benchmarks set are valid and effective in controlling the exposures, what the market trends are and finally whether the overall strategy is working or needs some change.

currencies. Also the rupee has depreciated most in the last few days against dollar than any other currency.

In the first session of the last week EUR/USD rose higher and touched a shortterm correction top in the 1.34 level around the publication of the ZEW confidence indicator. The report was slightly better than expected, but it was not enough to force the break higher traded in a tight range just below 1.34. However, it is not really sure that this was a good explanation of the ongoing strong performance of the euro. But soon after the FOMC meet, EURUSD pair dropped to the lowest in the week, pressured by the dollar rally despite positive Purchasing Managers Index (PMI) data released earlier in the session by Germany and the Euro area.

In the US, the CPI was close to expectations, while the housing data were slightly weaker than expected. After falling sharply in both March and April, US CPI inflation picked up in May, in line with expectations.

The annual rate of inflation rose from 1.1% to 1.4% YoY, reversing most of the previous month's plunge. Inflationary pressures remained muted, partly due to declining commodity prices.

Gold and silver futures closed at their lowest levels in more than 2 ½ years on Thursday last week, a day after Federal Reserve Chairman Ben Bernanke said the Central Bank could move as early as this year to slow the flow of monetary stimulus to the economy.

16

« BRAND MONSOON is a Brand Guru and CMD of the successful Samsika Marketing Consultancy

I

Desi Khari, English Marie

Copyright © 2013, All rights reserved.

Jagdeep Kapoor can be contacted at jk@samsika.com

MUMBAI | MONDAY, JUNE 24, 2013

CASHING ON OUTSOURCING

JAGDEEP KAPOOR

ndia is a very different country in terms of opportunities for marketing especially in the context of languages and the ethnic versus foreign factor. To understand India and its consumer behaviour and thereafter to build brands successfully is akin to tight rope walking balancing between the worlds foreign factors and India’s deep rooted ethnic feelings.

Let us take the “Dip” category. Early in the morning many Indians like to dip a snack into their morning cup of tea and enjoy and relish the early experience. However, there is one segment which uses “Desi Khari”, to dip in your tea and equally enjoys like the other segment which like to dip in “English Marie” in their tea. A third segment which does both in different points in time. Clearly, there is the ethnic segment which enjoys the khari dips and there is the westernized foreign influence segment which enjoys the Marie Dips. Both these segments co-exist, but smart marketers must sensitively address these segments otherwise there could be confusion or wrong targeting.

Britannia Marie Biscuits do extremely well and so do Monginis Khari Dips both addressing different segments – one ethnic and one Western.

In my opinion, there are three important steps which should be taken to ensure a brand succeeds in the context of there being western and ethnic segment.

Firstly, it must be understood that brands are built in the minds and hearts of the consumers and therefore it is not only a word or a brand name that is consumed but also the entire meaning and essence of the brand name that is consumed.

The second thing to be understood is that a particular product or service category and its roots are thought about and consumed. The significance of the product category also decides whether it is appropriate for the western or the ethnic segment.

Infact many a time the source of the category and the way it is used is crucial in deciding a brand strategy. Thirdly, it is a combination of a suitable brand name and relevant product category coupled with a well thought out segmentation and positioning exercise which determines whether a brand would succeed or fail.

It is my strong belief that the ethnic categories if addressed with ethnic sounding brand names and communication and brand personality would have a better probability of success. So also, it is my belief that westernized brand names would have a better probability of success if addressed to western segments. For example, Britannia cheese has a greater probability of success than Britannia Butter (Makhan) in the butter (Makhan category) it is Amul which would do better. Similarly in the chocolate category which is western Cadbury would do better than Amul chocolates. In the hair oil category Nihar, Parachute and Vatika would do better, but in the shampoo category which is western, Pantene, Head and Shoulders and Sunsilk would do better. Clinic which tried to appeal to both Shampoo (Western) and Hair Oil (Ethnic) segments lost out in the confusion even though both products are, used on the head but in the mind they are perceived differently.

Clinic Shampoo does well. Not clinic oil.

Thus in my opinion, one should be sensitive to ethnic versus western segments, in choice of branding and appropriate segmentation. After all, both Desi Khari and English Marie have large markets.

17

« SPOTLIGHT

Afternoon Despatch & Courier

Rajeev Sharma set up his first Software development company in 1990 at the age of 21, armed with a degree in Chartered Accountancy and a strong inclination towards software automation and processes. This quick thinking entrepreneur turns the tide in his favour time and again to achieve what he set out for and content with what he has achieved he says, “I am happy with what God has given me so far”

E

By Mayura Shanbaug

« ENTREPRENEUR RAJEEV SHARMA

Women have emerged as strong brand advocates as they recommend their online purchases to other women. And today they are dominant and over five million Indian women shop as well as transact online annually. No wonder all marketing attention is being focused upon them. Khushboo Panjabi reports...

I

ndian women are turning up to be more active in the online world. Out of the total 150 million on internet users in the country, around 60 million are women, says a study by Google.

More importantly, women have emerged as

strong brand advocates; with 80% saying that they recommend their purchase to other women and 25% stating that they share it online, said the report ‘Women and Web Study’ released last week Indian women love to search more of Hair care and Skin care products which has seen a tremendous growth of 50% and 42%. One in four women search in the categories like food 94%, skin care 80%, hair care 65% and baby care 60% through their mobile phones.

Incidentally, online transaction three to four years ago was 0%, whereas, now 5mil-

very entrepreneur, by default, takes the path less travelled and their personal experiences motivate others to make their dream a success. Some gets bitten by the entrepreneurial spirit at a ripe age but some like Rajeev Sharma Director, Osource India start young. Rajeev Sharma set up his first Software development company in 1990 at the age of 21. Though Sharma was armed with a degree in Chartered Accountancy, he had strong inclination in software automation and processes and that was an era of software boom.

With the capital of just Rs 5000 saved from working as a CA for few months Sharma started the company (he obtained the required expertise to run the software company as well) which employed 3 people initially including a developer. “We kept our overheads very low. We did not even take an office as we did all our work at the client site,” says Sharma. The company started generating profit within a year with big multinationals knocking on their door. Everything was going smooth with company clocking

Women Online

lion women shop as well as transact online annually.

Women shoppers consult seven multiple sources to help them make their decisions like Social media, TV, magazine, news article, online search, retailer website and word of mouth. Over 50% of women are influenced by digital sources while purchasing.

TOP SEARCHED BRANDS BY WOMEN IN INDIA Apparels and Accessories

Food and Drink

Baby Care

Hair Care

Skin Care and Cosmetic

Zara Ray Ban Victoria Secret Louis Vuitton Swarovski

Coca Cola Amul Cadbury Pepsi Maggi

Firstcry Babyoye Babycenter Hushbabies Johnsons Baby

Loreal Livon Tresemme Sunsilk Pantene

Oriflame Lakme Maybelline Loreal Avon

International

Indian

Fastrack Tanishq Fabindia Van Heusen Chennai Silks

a turnover of Rs 2 crore with 100 developers within 10 years. “But in the year 2000 the world was hit by Y2K bug and it affected our business as well,” recalls Sharma. The year saw Sharma eventually merging his company with GTL Limited with a three year non-compete clause.

“Under the agreement with GTL, I went to work for GTL as head of software enterprise delivery,” he says.

Though comfortable and doing well in the company the free spirited entrepreneur in Sharma soon became restless and was rearing to start on his own.

“Corporate structure is very straight jacket. All your decisions need to be justified and questioned, that made me feel very restrictive,” says Sharma.

Sharma incorporated ‘Osource’ in January 2004 to focus on technology enabled outsourcing solutions focusing on domestic market. “It was a strategic decision to serve domestic sector, as we did not want to be another me too company serving overseas market,” explains Sharma.

The company which was started with an investment of Rs 25 lakhs - which was Sharma’s own money – started gen-

Digital influence on purchase is highest in skin care among consumer product categories.

Skin care/ Cosmetics Products Baby care products Hair care products Food and drink products Oral care products

72% 69% 65% 64% 53%

Women are also considered to be great Brand Advocates as one in four shoppers purchase Baby products and share their experience online; in 2011 online shopping was not available, but now thanks to the cascading effect of the technology, it has become an everyday affair.

“With the report it is clear that the Internet is empowering Indian women with easy access to information and helping them make more informed decisions in their day-to-day life.” says Rajan Anandan vice president and managing director, Google..

erating profit from the first year with a turnover of Rs 40-50 lakhs. “We never incurred losses,” he says.

Sharma explains that the mindset of companies has changed over the 10 years that he is doing business. “Earlier people never felt the need to hire external agencies for their back office work or HR work, but we proved to them the cost efficiency and confidentiality of our services and that had us rolling. Banks by nature of their processes were the first one to get us on board,” he adds.

With offshore BPO industry under pressure, the decision served right in the long run. According to Sharma the outsourcing industry has a high growth trajectory with around annual growth of 1622%. “Osource is also growing at 18-20% annually with a turnover of Rs 30 crore,” informs Sharma. Osource is debt free company whose 30-35% business comes from BFSI segment. “Going forward I see more business coming from the banking and pharma segment,” he says. Other sectors like hospitality and media have great possibilities as well,” he feels.

Sharma’s next step is to foray into overseas market with its trusted and

loyal client base. “The clients who worked with us in India also wants us to work with them for their companies overseas, that way we are being taken overseas by our clients,” says Sharma. “It is a logical organic expansion,” he says.

Osource is looking to expand and tie up in the Australian, Singapore and US markets. The company is also looking at taking partners via stake sales in near future.

The 44 year old Sharma whose insightful mentoring and strategic guidance, has made Osource a formidable player in the outsourcing industry, is aiming to get Rs 100 crore turnover in the next 3 years.

When asked, how the journey to follow his dreams has changed him? “I am little less emotional now, people in the past have taken advantage of my emotional side,” says this man from Bhilai, Chattisgarh. “I made few mistakes but over all coming from middle class background, I am happy with what God has given me so far,” he adds.

You ask him whether he would have done things differently in his life if given a chance. “Not much,” comes the reply.

« INVESTING ROOP KARNANI

is a Senior Journalist, Author and Industry Analyst

T

The BenQe Effect

he press conference of the Fed Chairman, Ben Bernanke around midnight Indian time on Thursday spooked markets in India. As expected Bernanke said that QE3 cannot continue indefinitely, but also balanced it by saying that it’s not going to happen any time soon. He said that the last 3 jobless data figures released in the US show an improvement, but it is still quite a distance from the 6.5% unemployment figure that the Fed is targeting. The last 3 quarters of US GDP growth figures have also shown improvement but the US economy and the world economy is still fragile. So experts say that the earliest the Fed will start tapering off QE3 would be in Q4 or December or most likely in early Q1 2014, which is Jan 2014.

Unless of course, there is a dramatic improvement in the US economy, which could result in QE tapering, beginning in September or October this calendar year. So what Bernanke said was that the Fed will keep a close eye on all economic indicators in US and the world, before it takes a call.

Currently Fed is injecting liquidity of about 85 billion dollars a month. When QE3 tapering begins it could be gradually reduced to 80 billion dollars a month, and its effects will be watched for a quarter and then gradually brought down in tranches.

The short term effect of this announcement by the Fed has led to a flight of capital from emerging equity markets like India and other BRIC and ASEAN countries, to equity and bond markets in the US and Europe.

So in the short term it would mean increased volatility in Indian markets as well as EM and ASEAN markets.

In the medium to long term, FII flows will return to EM’s including India, as the government of India is making all the right noises about increasing sectoral caps on FDI, further fiscal consolidation, reducing CAD by a series of measures, and with inflation trending downwards, the RBI will eventually resume cutting rates. In the very near term, due to a depreciating rupee, inflation might increase, but once the rupee stabilizes rate cuts are expected to start to spur growth. All eyes will be on what the FM and the RBI do in India.

It’s a good time to build a portfolio with stocks available at good valuation. It remains a buy on dips market and a stock pickers market with plenty of value available in well- managed companies.

18

Afternoon Despatch & Courier

Company

ABIRLANUVO ACC

ADANIENT

ADANIPORTS

ADANIPOWER ALBK

AMBUJACEM

ANDHRABANK APOLLOTYRE ARVIND

MUMBAI | MONDAY, JUNE 24, 2013

F&O SCRIPS WEEKLY SUPPORT AND RESISTANCE LEVELS FOR JUNE 24-28, 2013 Close

1082

PP

1076

R1

1095

R2

1114

S1

1039

170

156

1167

1185

1238

1292

1132

152

152

157

162

146

114

124

94

90

96

182 41

101

186 81 57

184 42

104

184 83

60

198 46

190

67

212

49

S2

1058

38

197

177

73

53

24

21

77

141 35

84

170 70

46

78

79

82

84

ASIANPAINT

4539

4563

4633

4703

4493

4422

AXISBANK

1262

1274

1353

1432

1195

1116

667

754

492

405

ASHOKLEY

AUROPHARMA BAJAJ-AUTO

BANKBARODA BANKINDIA

BANKNIFTY BATAINDIA

BHARATFORG BHARTIARTL BHEL

BIOCON

21

171

22

175

1828

1824

244

254

550

11347

829 220 292

171

276

579

282

1878 310

12835

219

226

233

175

187

294

835

306

844

164

1797 225

20

153

1769 197

10922

10284

213

206

162

150

817

318

282 273

200

73

808

279

282

294

293

298

303

288

283

274

281

304

326

258

236

39

43

48

35

30

356

CESC

328

333

CIPLA

381

381

37

355 367

374

403 349

383

392 438 365

385

337

332 317

378

6229

6074

COLPAL

1305

1319

1360

1401

1278

1237

DABUR

154

154

158

163

149

144

DISHTV

63

64

69

74

59

55

CROMPGREAV DENABANK

81 74

DIVISLAB

981

DRREDDY

DLF

EXIDEIND

FEDERALBNK

2121

2118

2190

2263

2045

1973

417

426

452

478

400

374

210

66

122

98

19

299

122

293

303

19

298

HAVELLS

730

738

HDFC

809

HDIL

HEROMOTOCO HEXAWARE HINDALCO

HINDPETRO

761

53

768 816

636

647

1615

1613

33

79

94

128

846

114

2775

53

195

782

2770

HDFCBANK

62

933

180

GRASIM

HCLTECH

69

68

954

290

GSPL

92

76

1015

GAIL

GODREJIND

84

99

285

995

761

GMRINFRA

77

92

292

974

176

FINANTECH FRL

84

314

35

80

97

162 21

302

2849

55

762

210

134 910

313 22

305

283

273

18

294 715

870

788

679

712

46

51

291

2627

49

691

614

581

1585

1557

29

108

119

599

605

588

74

83

58

76

87

761 23

72

76

249

253

264

HINDZINC

106

108

114

ICICIBANK

1046

1065

1123

1180

1008

950

IDEA

140

143

151

159

135

126

IFCI

24

24

25

26

23

22

HINDUNILVR IBREALEST IDBI

IDFC IGL

INDHOTEL INDIACEM

INDUSINDBK

591

64 73

593

66 74

79

120

84

137

139

276

278

285

292

62

66

69

52

61

464

148 466

147

276

16

726

1670

89

18

747

1642 85

111

655

785

57

151

719

2701

809

40

117

2923

788

843

166

457

504

156

765

542

242

230

103

97

69

131 271

-161

59

428

582

50

64

123 264

-470

55

391

INFY

2417

2413

2496

2579

2330

2247

IOC

235

242

260

278

223

205

ITC

323

326

335

345

316

307

JINDALSTEL

205

219

260

301

178

137

IOB IRB

IVRCLINFRA

53

110 15

54

113 16

59

121 17

63

129 19

50

105

14

45 97

13

R2

60

66

72

672

686

728

729

742

58 20

113

LICHSGFIN LT

LUPIN M&M

MARUTI

MCDOWELL-N

MCLEODRUSS

258

55

21

57

23

S1

S2

54

48

770

644

602

818

703

665

59

25

975

1029

1084

123

153

182

262

780

277

292

53

19

920

93

247

1392

1413

1475

1538

1350

942

958

1007

1056

910

788

787

804

820

1546

1538

1564

1590

306

309

319

328

2411

2436

2512

771

1513

51

17

866

63

233

1288

755

861

1487

2587

2361

2286

300

290

MRF

12898

13397

14896

16395

11898

10400

NIFTY

5662

5719

5919

6118

5520

5321

NHPC

NMDC

18

105

18

106

19

111

19

117

18

101

17

95

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

Please contact Mr Chalke on 9920831512

ONGC

6695

307

R1

KTKBANK

301

6540

PP

54

993

KOTAKBANK

NTPC

376

Close

JUBLFOOD

297

6385

300

JSWSTEEL

318

6378 299

JPPOWER

270

CNXIT

COALINDIA

JPASSOCIAT

270

276

CANBK

CHAMBLFERT

1851

196

12197

826

349

CENTURYTEX

186

11559

BPCL

CAIRN

23

76

1078

Company

JISLJALEQS

OFSS

OPTOCIRCUI

ORIENTBANK

143

2664

21

21

23

24

20

308

307

215

223

146

153

PTC

RANBAXY

321

334

268

200

172

192

133

112

105

46

32

132

667

692

769

846

48

50

55

60

107

35

349

107

110

36

41

354

259

263

RECLTD

191

197

117

117

293

245

126

RAYMOND RCOM

135

2842

PNB

PUNJLLOYD

165

2783

123

POWERGRID

155

2724

PETRONET PFC

145

2743

376

139

398

278

293

214

232

130

124

2605

280

18

177

119

113

616

539

45

40

331

113 102

27

309

248

233

179

162

770

733

15

14

142

105

357

385

302

375

408

310

92

RELCAPITAL

320

330

RELINFRA

332

343

64

65

69

73

1986

2014

2096

2178

1931

1849

531

538

561

584

516

493

SRTRANSFIN

718

736

787

838

684

633

SUNPHARMA

950

959

984

1009

933

908

SYNDIBANK

115

117

124

131

110

182

195

287

291

304

81

82

84

RELIANCE RENUKA

RPOWER SAIL

SBIN

SESAGOA SIEMENS SINTEX STER

SUNTV

TATACHEM

795 16

52

139 42

81

367

807

844

16

18

54

141 44 82

362

287

292

TATAGLOBAL

135

137

TATAMTRDVR

142

TATASTEEL

272

TATACOMM

TATAMOTORS TATAPOWER TCS

TECHM TITAN

UCOBANK

ULTRACEMCO UNIONBANK UNIPHOS UNITECH

VIJAYABANK VOLTAS

178

147

278

1419

1425

224

226

1813

1845

137

995 67

195

21

46 86

58

149 50 87

377

62

157

56 91

392

322

144

61

50

133 37

78

348

274

278 57

45

126

31

73

333

104

277

262

151

130

123

162

177

132

117

298

317

259

208

317 87

170

278 79

157

265

77

240

1473

1521

1377

1329

234

243

218

210

1943

2041

1746

1648

140

150

160

130

120

47

51

54

44

41

357

331

323

221

210

994

1036

70

81

200

21

85

215

23

89

343

340

349

ZEEL

236

232

243

452

19

307

WIPRO

YESBANK

881

463

498

1078 91

231 25 93

532 254

951

60

184 20

80

429

909

50

169 18

76

395

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, JUNE 24, 2013

« TOP VIEW

“Keeping in mind the prevailing sentiment, we might not see any significant move this week and Nifty may consolidate within broader range of 5600-5800. On the other hand, expiration of F&O contracts may result in stock-specific moves but volatility will tend to remain high so one should cautiously place trades.”

—Jayant Manglik President, Retail Distribution, Religare Securities

« BROKERAGE RECOMMENDATIONS KARVY STOCK BROKING CALLS A ‘BUY’ ON ONGC

Markets Nervous

NSE India : CNX Nifty — Daily Market Report for: Monday (June 24, 2013) By Dominic Rebello

REVIEW OF THE PREVIOUS DAY:

The Nifty rose marginally on Friday (June 21, 2013) a net 11.75 points (0.21%) and closed at the 5667 point level.

The market opened down with a gap at the 5639 points level. It then declined sharply and registered the day’s low at the 5616 points level at 9.36 a.m. The index then rose into the green and turned into a range bound movement until 12.05 p.m. It then rose sharply and registered the day’s high at the 5686 points level at 12.42 p.m. The index then declined back into the red but rose towards the end of the session to close the day on a flat note.

The Nifty witnessed a volatile session and moved in a range of 69 points Sentiment was mixed and amongst the 50 Nifty stocks 25 were gainers, while the other 25 were losers. Buying was witnessed in technology, auto, power and oil & gas stocks, while substantial selling was seen in metal and realty stocks.

TECHNICAL ANALYSIS: Volume: Volume (Qty shares) increased 19.33%. This change is substantial and indicates a wide participation by investors.

Market Breadth: Overall Market Breadth on the NSE was negative. Amongst all the traded stocks, 491 were gainers, 907 were losers and 47 remained unchanged.

Slow Stochastic Indicator: The Slow Stochastic Oscillator has declined and has entered the over-sold zone.

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

RSI Indicator: The RSI is above the 30 level and is now rising (positive if it continues).

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

and oscillators discussed here are indicating a weak market but with a neutral bias.

Support Levels: For short-term traders the immediate main support is at the 5610 points level.

The next support is at the 5478 points level.

Resistance Levels: The immediate main resistance is at the 5814 points level.

The next resistance is at the 5965 points level.

Pivot Point Analysis: For intraday traders the support and resistance levels are calculated according to the pivot point theory and are: Pivot point = 5657 (This is the level where the trend is likely to change during intra-day).

Support (1) = 5628.

Support (2) = 5588.

Resistance (1) = 5697.

Resistance (2) = 5726.

OUTLOOK FOR TODAY:

On Japanese candlestick patterns the index has formed a doj i pa t te rn. This indica t es indec is ivene ss amo ngs t investors. The next candle formation will confirm whether the bias is towards the buy or sell side of the market.

However, the index is below the 5, 15, 25 and 200 day’s moving averages, while the 5, 15 and 25 day’s moving averages are declining and also negatively trended. The velocity parameters too indicate weakness. All these indicate a negative bias and the possibility of a decline unfolding. Investors are advised to avoid buying at present levels.

Work with strict stop losses on all positions

ADX Indicator & DI Lines: The +DI line is below the –DI line and both lines are diverging (negative if it continues).

The ADX is rising while the Market Index is flat. No signal here.

MOVING AVERAGES (TREND INDICATORS) The index: Is below its 5-day average (at 5761) Negative.

Is below its 15-day average (at 5821) Negative.

Is below its 25-day average (at 5922) Negative.

Is below its 200-day average (at 5811) Negative.

Overall Market Strength/Weakness: The indicators

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.

CMP: Rs. 308 Target Rs. 345 Net realizations on a rise as under recoveries trim: We expect the realization to stabilize at $60/bl going forward. We have assumed an increase of net realization from Rs 2607/bl to Rs. 3209/bl in FY14 and Rs. 3151/bl in FY15. We have assumed crude oil price at $ 105 in FY14 and $ 100 in FY15 whereas rupee assumption lies at 54 and 52. The under recoveries are expected to come down from Rs 1610bn in FY13 to 1140 bn in FY14 and Rs. 970 bn in FY15. We expect upstream share of subsidy burden at 39% (higher than 37.3% in FY13). We have only assumed Rs 2/ltr hike in FY14. Further hikes in line with deregulating diesel could be an upside.

Price performance and Valuation Analysis: The stock had rallied on the announcement of phased deregulation of diesel achieving our target price. We were wary about further upsides as the positives were priced and downgraded our recommendation. Currently the stock is trading at 8.7x FY14E as against historical mean of 10x.

The stock has the potential to rerate beyond our targets if the diesel price hikes of Rs 0.5 are regular and gas price realization is higher and quicker.

Strengthening of Rupee could be a further trigger. We upgrade our rating from HOLD to BUY rating on the stock with a revised target price of Rs. 345 at 10x FY14 EPS of 34.5. We upgrade our EPS by 10% for FY15.

INDIA INFOLINE CALLS A ‘BUY’ ON SATYAM COMPUTER SERVICES

CMP: Rs. 114 Target Rs. 132 Deal pipeline improving; Client mining a key for continued traction: Mahindra Satyam’s (MSAT) inherent expertise in manufacturing, BFSI, Enterprise solutions, BI/Analytics as well as decent mine-able clientele has helped MSAT to improve deal traction and recover operational performance over FY10-13. Interaction with the management suggests increased deal participation even in larger contracts (US$50mn+). Large deal conversion, which was amiss as yet, has started to show with US$50mn+ deal win in Q4 FY13. Improved traction is evident in MSAT's inclusion amongst the 'top 15' global service providers by ACV* as per industry analyst ISG (TPI). Increased sales bandwidth, expanded clientele and broadened services portfolio post merger as well as meaningful acquisitions provide a credible platform to exploit significant client mining headroom and improve the deal traction.

Regulatory issues dwindle further; Valuations remain attractive: Long standing approval from the AP High Court has now cleared the path for merger of MSAT and TechM a key positive. Weak rupee and operational levers of employee pyramid, SG&A leverage and utilization should lead to stable OPM over FY13-15E. Commendable margin performance in the past two years through strong execution further increases our confidence.

FIRST CALL RESEARCH CALLS A ‘BUY’ ON HINDUSTAN ZINC

CMP: Rs. 107 Target Rs. 125 Hindustan is one of the leading Silver producers globally. It has mining, smelting and power operations in multiple locations throughout India.

During the quarter ended, the company posted standalone Net Profit is increased by 53.29% to Rs.21658.10 million.

Outlook and Conclusion: At the current market price of Rs.111.90, the stock P/E ratio is at 6.11 x FY14E and 5.67 x FY15E respectively. Earning per share (EPS) of the company for the earnings for FY14E and FY15E is seen at Rs.18.30 and Rs. 19.72 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 10% and 15% over 2012 to 2015E respectively. On the basis of EV/EBITDA, the stock trades at 4.08 x for FY14E and 3.57 x for FY15E. Price to Book Value of the stock is expected to be at 1.25 x and 1.09 x respectively for FY14E and FY15E. The Company’s mined metal production is projected to increase by 15% to 1.0 mtpa and Silver production from is projected to be about 360 tonnes in FY 2014. We recommend ‘BUY’ in this particular scrip with a target price of Rs.125.00 for Medium to Long term investment.

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

20

Afternoon Despatch & Courier

MUMBAI | MONDAY, JUNE 24, 2013

Define Goals And Objectives Of Investment MANOJ ASWANI

is VP at MyInsurance Club.com

« INSURANCE

I would like to opt for 2 Education Policies for my 2 daughters aged 2 and 8 respectively. I would like ULIP for both of them. I need your help to suggest me the best options available.

—Munnawar Ansari, Mahim It is good to know that your need is well defined that you need the 2 plans for both of your daughter’s educational purpose. The MOST difficult part of Financial Planning is to define goals and objectives of investment. Now, since you have already decided on both, you must also realize that your tenure for investment would be 10 (for your 8 years old daughter) and 16 (for your 2 year old daughter) such that your corpus is ready for your daughter’s Education when they are 18 years old.

Another thing you must decide is that Present Value of the Education that you intend to provide for them. For example, if you wish that they study engineering in a college where the present cost is Rs 10 lakhs, then the Future

S

Value needs to be calculated at 12% p.a. education inflation which is always more than normal inflation, could be safely assumed at a standard of 7% p.a. Education Inflation has always been much more and not it is at a standard of 5% more than normal Inflation.

Now, for the Solution, as you rightly said, you could opt for ULIP with Triple Benefit where you would get the Fund Value as Maturity Benefit at the end of the Policy Tenure to meet the needs of the child’s educational purpose. However, if you die within the policy tenure, the Sum Assured is paid as Immediate Death Benefit and the future premiums are waived off and policy continues. When the policy matures, the Fund Value is paid as per schedule to meet the needs of your daughter’s Educational Purpose, the initial reason for opting for the plan.

You could opt for: 1. Star Union Dai-Ichi Life Insurance Prabhat Tara 3 Plan where over and above the benefit mentioned, there is 1% Family Income Benefit payable every month after the death of the Life Insured.

2. AegonReligare Rising Star Plan 3. Aviva Young Scholar Advantage 4. ICICI Prudential Smart Kid Premier Plan 5. Tata AIA Life Insurance GyanKosh Plan- In this plan, there are 2 options Security Net or Safety Net. I am a married woman aged 24. My husband’s age is 25. We both are working and are looking for an Insurance policy where we have Tax Benefits (80C) and get Rs 2030 lakhs in return in 20 years.

—Sangita Ved, Marine Lines

Key Features This is a Child Unit Linked Insurance Plan There is 3 fold Death Benefit available in this plan

I purchased SBI Life Unit Plus II Pension option-II in 2009 and I paid three premiums (Rs. 60000 per year) continuously. So I want to discontinue and surrender the policy. Should I wait for some more years to get back atleast what I invested or should I surrender the policy now itself?

—Namita Mahajan, Sion There is no logic to discontinue your ULIP after 3 years. Please understand that you should never stop a ULIP before 10-15 years. The entire purpose gets defeated and then you would crib for not good returns. Please understand ULIP investment should be at least for 15-20 years else you would not get good

« PRODUCT REVIEW: SUD LIFE PRABHAT TARA 3 PLAN

By Manoj Aswani

tar Union Dai-ichi Life Prabhat Tara 3 Plan is a Child Unit Linked Insurance Plan.

Thus, it is a Non-Traditional Insurance Plan for the benefit of the Child without Bonus facility.

In this plan, premium can be paid for 5, 7 or 10 years under Limited Premium Paying Term or till the 18 minus age at Entry of the Child under Regular Premium Paying Term. The plan however continues till the end of the Policy Tenure or till the parent is 65 years old or the child is 25 years old, whichever is earlier. This is a ULIP with 3-Way Death Benefit. In this plan, the premium, net of charges is invested in any of the 4 funds available for Investment Purpose. There are 2 Additional and 2 In-Built Riders in this plan.

On Survival till the end of the Policy Tenure, the Fund Value is paid to the Policyholder as Maturity Benefit and the policy terminates.

However, if the Life Insured dies within the policy tenure, the nominee gets 3-Way Death Benefit: The Basic Sum Assured as Immediate Death Benefit Future Premiums are waived off and the plan continues as per schedule Monthly Income Benefit is 1% of the Basic Sum Assured and will be payable every month. The first payment will be made at the end of the policy month following the death of the Life Assured and will cease at the end of the policy term Fund Value is paid at the end of the Policy Tenure as per schedule and the policy terminates

Since you have mentioned that you are looking for a plan for the BOTH of you, you can opt for a Joint Life Term Plan, there is one such plan from HDFC Life Insurance called HDFC Life Term Assurance Plan. In this plan both husband and wife can be covered together but the minimum Sum Assured is Rs 25 lakhs.

However, if you wish to take a joint life term plan, you can do so, but it may not necessarily be lower premium, since this is an offline plan and the rates would be higher than online ones.

Hence it would be best if you compare quotations and then purchase. Some cheap online term plans that you can consider are: Bharti AXA Life eProtect Plan HDFC Life Click 2 Protect Term Insurance Plan IndiaFirst Anytime Plan Term Plans are pure protection plans. If you need investment as well, you can start a SIP or a PPF for the future. Or opt for an Endowment Plan like LIC JeevanSaral Plan.

Non-Traditional Plan

There is Limited as well as Regular Payment Option in this plan The plan continues till the child is 25 years of age There are 4 funds available in this plan for Investment Purpose On Survival till the end of the Policy Tenure, the Fund Value is paid to the Policyholder as Maturity Benefit In case of Death of the Life Insured within the Policy Tenure, the nominee gets the Sum Assured as Immediate Death Benefit and the future premiums are waived off and the Fund Value is paid at the end of the Policy Tenure In case of Death of the Life Insured, 1% of the Basic Sum Assured is paid at the end of every month as Monthly Income Benefit There are 2 additional riders available in this plan

Death Benefit In case of death of the Insured Parent within the Policy Tenure, the nominee gets 3 Fold Death Benefit as follows: The Basic Sum Assured as Immediate Death Benefit Rider Sum Assured, if any Future Premiums are waived off and the plan continues as per schedule Monthly Income Benefit is 1% of the Basic Sum Assured and will be payable every month. The first payment will be made at the end of the policy month following the death of the Life Assured and will cease at the end of the policy term Fund Value is paid at the end of the Policy Tenure

Maturity Benefit: On survival till the end of the policy tenure, the policyholder gets the entire Fund Value as Maturity Benefit and the policy terminates.

Income Tax Benefit: Life Insurance premiums paid up to Rs. 1, 00,000 are allowed as a deduction from the taxable income each year under section 80C. The Maturity Proceeds are also tax free under section 10(10) D under the mentioned clauses.

Riders: There are 2 Additional Riders: SUD Life Accidental Death and Total and Permanent Disability Benefit Rider SUD Life Critical Illness Benefit Rider And 2 in-Built Riders: Premium Waiver Benefit Rider Monthly Income Benefit Rider

Investment Fund Options: In this plan, there are 4 funds for Investment Apex Equity Fund, Apex Growth Fund, Apex, Balanced Fund and Apex Bond Fund

Surrender the policy: If the policy holder wants to surrender the policy before completing 5 years, then the insurance cover will cease and the Fund Value net of any discontinuance charge, if at least 5 years’ premiums have not been paid, will be transferred to the Discontinued Policy Fund. The Discontinued Policy Fund will earn a minimum guaranteed interest rate equal to 3.5% p.a. and the proceeds from this will be payable after the fifth policy anniversary. In case of death of the Life Assured during this period, only the accumulat-

returns. It breaks even over the costs only after the 7th year from the 10th year onwards for sure. Thus, if you need short term 5 years investment, then you must investment in pure investment products like Mutual Funds, etc.

ULIPs are very good if it is continued till a very long time. ULIPs are long term plans and most of the policy charges are charged upfront. Even though the charges are usually low in single premium policies, they are relatively higher than traditional insurance policies. But it is always a better deal to continue the plan till the end to get best returns.

If you shift from one ULIP to another only because of low Fund Value, let me assure you that you would have the same concern there, irrespective of the plan you opt for.

ULIPs are very good if it is continued till a very long time. ULIPs are long term plans and most of the policy charges are charged upfront. Even though the charges are usually low in single premium policies, they are relatively higher than traditional insurance policies. But it is always a better deal to continue the plan till the end to get best returns.

If you had taken the policy from a long-term perspective then you should wait till the end of the policy term because once the markets start performing, your policy fund value will also go up. Do not panic or worry much if the value is not looking good currently.

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

Eligibility

Min For Age at Entry <45 years: Annualized Basic Premium X Higher of Regular/Limited (10 or 0.5 X Policy Premium Sum Term) Assured (in Rs.) For Age at Entry >=45 years: Annualized Basic Premium X Higher of (7 or 0.25 X Policy Term) Policy Term 12 (in years) Premium 5/7/10 Payment Term (in years) Entry Age of Life 19 Insured (in years)

Max

Annualize d Basic Premium X 12.5

18 minus Age at Entry 52

Entry Age of 0 13 Child (in years) Age at Maturity 65 (in years) Age at Maturity of Child (in years) Annualized 24000 Premium (in Rs.) Yearly, Half-yearly, Quarterly or Payment modes Monthly

ed fund value will be payable to the nominee.

If the policyholder surrenders the policy after completion of 5 policy years, then there is no Surrender/Discontinuance Charges and the Fund Value is paid to the policy holder and the policy will terminate immediately.

Loan: is available under this policy.

© 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.

SERVING THE CAUSE OF JUSTICE

Afternoon Despatch & Courier

MUMBAI | MONDAY, JUNE 24, 2013

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By Rolf Dobelli

Business Sutra: A Very Indian Approach to Management

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Jugaad Innovation

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Lean In: Women, Work & the Will to Lead

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Harry Potter Box Set

By J.K. Rowling Tintin Box Set

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Adventures of Tintin Vol 1

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Diary of a Wimpy Kid: The Third Wheel

By Jeff Kinney Everything Origami

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BOOK REVIEWS

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P

He was a lawyer practising in a small town in Mississippi, squeezing a few hours to get his stories done, until he graduated into a spectacular writer of the legal thriller. His protagonists shake the courts to ensure that justice has been served. However, John Grisham has sometimes sidestepped the classification to write, what many could term, ‘offbeat’ novels and short stories. Playing for Pizza, Ford County Stories clearly do fall into that category, while The Confession almost does.

laying for Pizza is just too far away from the kind of books that John Grisham is generally known for, and hence the reactions, understandably, ranged from the shocked to the downright derisive, particularly from those looking forward to the courtroom drama that has become the hallmark of almost all of Grisham’s books.

Given that he stepped out of expected form, he has committed another (uncalculated) risk, irking hardcore Americans football fans by airlifting Rick Dockery, a failed NFL quarterback all the way from Ohio to play semi-pro football in Parma in Italy. That the stadium in Parma accommodates but three thousand non-paying spectators is cause for further angst.

The story has Dockery in a hospital bed, with a concussion and assorted injuries, suffered during a crucial match between Cleveland Browns that he played for, and the Broncos, trying to figure out what went wrong on the field.

He has further and substantial risk to life and limb from angry Browns fans for fumbling his passes, not once, but thrice, before an audience of eighty thousand in the stadium and millions watching on television, as he turned the game they had almost won into a disastrous loss, all in the last eleven minutes. Fans have stormed the hospital wanting to lay their hands on him, while others have held demonstrations holding placards stating ‘Legalise Euthanasia’ and ‘Pull the Plug Now!’ Though he is written off by the media, and now the source of much public embarrassment, his agent Arnie keeps making efforts to get him signed to a new team. Arnie knows what most football coaches have strongly suspected, that Dockery has a morbid fear of contact and being tackled by players, and flees to safety to avoid getting run into.

But as luck will have it, a call to a coach named Sam Russo in Italy changes fortunes.

He is ready to accept Dockery as a quarterback

Where bars don’t serve alcohol, just great coffee

for his team in Parma. The prospects are very modest, as an American, he would get meal money and maybe some rent. The local players, as it is, settle for pizza and beer after the game. They come from all walks of life - airline pilot, engineer, truck driver, dentist, property agent – and constitute the Parma Panthers.

When Dockery anxiously asks whether they know about his fiasco in the last game, he is

There’s a whole world in this small little place tional town called Clanton in Ford County, located deep down south in Mississippi.

The stories have impact, the people are simple and that is a complex enough situation – Blood Drive is the first story about three lads going off to donate blood for an injured man, after which they spend money received for selling blood at a strip joint. One of the suited and booted corporate types from outside gropes a lap dancer, prompting the boys to retaliate, and a near riot ensues in which they get their skulls cracked.

Fetching Raymond sees two boys and their mother visiting their brother on death row in a prison.

Fish Files sees a great divorce lawyer, tackling problems with alcohol, stumbling in his own marriage, sitting before a counsellor, before breaking free.

Each story is engrossing and a ord County Stories by John Grisham sees the author go even testimony that Grisham can be farther away from his established great at just about any format of genre of intense situations finally writing. fought out in the courtroom, into Ford County Stories short story writing. Those who will

by John Grisham have read Grisham’s first novel, A Arrow Books (Random House) Time To Kill, may recall this ficPrice Rs.399

F

told that they are delighted to have him. As Russo announces, “These guys have never won the Italian Super Bowl, and they’re convinced this is the year.” The brief is hence set for what is expected of him.

A section of readers who have straitjacketed Grisham as a writer who finally takes them into the courtroom, have assailed him for coming up with a travelogue of sorts, a ‘promo piece’ for Italy. But those who have read his powerful effort, The Broker, will know his affinity for that country is not new, and definitely not a passing fancy. He does take a very close look here at the landscape, the people, the cuisine, music and the women, which probably made some impatient critics and reviewers lose focus from a compassionate story of a player rediscovering himself and bonding with people who do not speak or even understand his language, and would enjoy playing a good game and having a pizza after that.

There are pleasant insights: Most Italian cities are sort of configured around a central square, called a piazza. This is Piazza Garibaldi, lots of shops and cafes and foot traffic. The Italians spend a lot of time sitting at the outdoor cafes sipping espresso and reading. Not a bad habit.

Reading about the food that Dockery gets to savour may prompt many readers to get to an Italian eatery in Mumbai while this observation after Dockery’s tells his team mates that he is no great shakes as a player: Sam frowned and rendered. He would explain later that the Italians take a dim view of modesty and selfdeprecation.

Playing for Pizza

By John Grisham Arrow Books (Random House) Rs.399

When the law is a victim of the colour bar

T

he Confession by John Grisham sees courtroom drama, except for the fact that it does not have the kind of ending we are typically used to. Travis Boyette is seated at St Mark’s chapel, insisting that senior pastor Keith Schroeder speak to him. Keith and

his wife Dana are shocked to learn that the man is a serial sex offender. Even more shocking is his confession that someone innocent is going to die four days later, executed for a rape and murder that Travis had committed nine years before. A popular school teacher was kidnapped, raped and strangled to death for which a black man, Donte Drumm, was charged and sentenced to death.

Travis tells the couple that he was the offender.

The reason for this change of heart is a malignant brain tumour that has left him with just a few months to live, and he does not want to take all the bad things he has done to the grave. The Schroeders trawl through hundreds of pages of documents pertaining to the case in a bid to save Drumm’s life, and with Travis’ confession try to prevent lawyers, judges and politicians from executing an innocent man.

The Confession

by John Grisham Arrow Books (Random House) Rs.299

22

FROM NIAGARA FALLS TO THE GRAND CANYON

TV GUIDE

TODAY’S BEST VIEWING

Nik Wallenda, King of the High Wire and seventh generation descendent of the legendary Wallenda Family acrobatic troupe, is on a mission of a death-defying act. It will be one of the most daring and captivating live events in history when Nik will traverse the majestic Grand Canyon, without using a harness. D i sc ov e r y Ch a n n el w i l l c a p t u r e th e n a i l - b i ti n g, p l ay - b y - p l a y l i v e ev e n t a t 5 :3 0 a . m . w i t h a s p e ci a l r e p e a t a t 8 p . m .

SOAPS & SERIALS

BHARAT KA VEERA PUTRA — MAHARANA PRATAP

In tonight’s episode Shams Khan has declared war on Chittor. Rana Uday Singh is preparing for war and calls Raja Rana Bahadur a close ally to help him fight Shams Khan. Pratap is in awe of Rana Bahadur & secretly joins his army in war. On the other hand Jaivantabai, Sajjabai & other women are preparing for Jauhar. Bhatiyani is being sent to a safe place for the sake of her unborn child. Afghans & Rajput soldiers are killing each other on the war field while Pratap is missing and his family is unaware of his whereabouts. Will Pratap be caught by the Afghans or will Rana Bahadur come to his rescue? Sony T V, 10 p.m .

SAVDHAAN INDIA – INDIA FIGHTS BACK 2

Tonight’s episode traces the story of Rajan who is married to Amrita. But Amrita suspects Rajan of having an extra marital affair. Later she finds out that Rajan is having an affair with a lady called Meera. Amrita leaves homes with her son Rohit. After some time Rohit is kidnapped and Amrita suspects Rajan behind this. Will the police be able to solve the case? Life Ok , 10.30 p.m.

YEH RISHTA KYA KAHLATA HAI

Akshara confronts Chikki regarding Ankit Sir. Naksh also gets to know, will he tell everyone. Star Plus, 9.30 p.m .

WILD ASIA

Asia is one of the most beautiful and varied regions of the world and its forests hold many interesting creatures that have adapted in the face of adversity. WILD ASIA brings for its viewers Asia’s untamed wilderness and an intimate look at the amazing animals that call wild Asia home. From India to Indonesia to Japan, explore Asia’s sparkling shorelines, arid deserts and lush rainforests, unveiling the exotic mysteries hidden within this continent of contrasts. Anim al Plan et, 8 p.m.

Maharana Pratap, Sony TV, 10 p.m.

BUILD IT BIGGER

How does one build a 3,113-foot-long wooden roller coaster in winter temperatures of minus 40 degrees? Or get one’s workers safely to and from a worksite on a skyscraper that’s 1,614 feet above street level? Or dig a water tunnel — along the San Adreas Fault and 1,000 feet below the earth’s surface. Follow Danny in BUILD IT BIGGER as he meets the men and women tackling the unique challenges of constructing the tallest buildings, the most effective military tanks, the largest luxury cruise ships, and the most extreme thrill rides. Discover y Science, 7 p.m.

ONE TREE HILL

When Mouth and Rachel’s road trip goes wrong, the other teens drive to their rescue. On the trip, Nathan and Haley get a second chance to enjoy their Prom. Peyton and Lucas decide to take their relationship to the next level. Brooke reveals the truth about the stolen calculus exam to Haley. Star World , 10 p.m .

MOVIES OF THE DAY

CHRONICLES OF NARNIA: THE LION, THE WITCH & THE WARDROBE

When the Pevensie family are evacuated out to the country, they are unaware of the adventure they will encounter. During a game of hide and seek, the youngest daughter, Lucy (Henley) discovers a wardrobe which transports her to the land of Narnia.

Covered in snow, Narnia is full of weird and wonderful creatures, but is watched over by the evil White Witch, Jadis (Swinton).

When all four Pevensie children end up through the wardrobe, they discover that it was meant to be, as two daughters of Eve and two sons of Adam must join with the mighty lion, Aslan (Neeson) to defeat the evil White Witch. H BO, 9.30 p.m .

SALT

As a CIA officer, Evelyn Salt swore an oath to duty, honor and country. Her loyalty will be tested when a defector accuses her of being a Russian spy. Salt goes on the run, using all her skills and years of experience as a covert operative to elude capture. Salt’s efforts to prove her innocence only serve to cast doubt on her motives, as the hunt to uncover the truth behind her identity continues and the question remains: “Who is Salt?” Star Mov ies, 9 p.m.

ATONEMENT

When Briony Tallis, 13 years old and an aspiring writer, sees her older sister Cecilia and Robbie Turner at the fountain in front of the family estate she misinterprets what is happening thus setting into motion a series of misunderstandings and a childish pique that will have lasting repercussions for all of them. Robbie is the son of a family servant toward whom the family has always been kind. They paid for his time at Cambridge and now he plans on going to medical school. After the fountain incident, Briony reads a letter intended for Cecilia and concludes that Robbie is a deviant. When her cousin Lola is raped, she tells the police that it was Robbie she saw committing the deed. Zee Studio, 11 p.m.

GOLMAAL -FUN UNLIMITED

The story revolves around the lives of Gopal (Ajay Devgan), Lucky (Tusshar Kapoor), Mahadev (Arshad Warsi) and Laxmi (Sharman Joshi) - 4 guys bound together by their child like disrepute, aimlessness and petty business of cheating people for fun and money. A total time pass film with the famous title track – Golmaal, golmaal… Max, 9 p.m.

WATCHMEN

Afternoon Despatch & Courier

In a gritty and alternate 1985 the glory days of costumed vigilantes have been brought to a close by a government crackdown, but after one of the masked veterans is brutally murdered

The Chronicles of Narnia, HBO, 9.30 p.m.

an investigation into the killer is initiated. The reunited heroes set out to prevent their own destruction, but in doing so discover a deeper and far more diabolical plot. Pi x, 9 p.m .

TOOFAN

The Film open with a daredevil escpae magician Ramesh Kumar receiving world that his close friend Inspector Hanuman Prasad has just lost his wife during childbirth. As Ramesh’s wife during childbirth. As Ramesh’w wife is unable to bear children, the inspector rentrusts one of his twin children to Ramesh, to rear as his own, so they may both enjoy the children. They decide to keep this a secret between them (and the doctor). Ramesh returns to Mumbai and the boy, Shyam, learns the tricks of the trade to become Shyam Jadugar. Ramesh meets an untimely death during a failed Chinese Water Torture Cell escape trick, and his wife steadfastly dissuades Shyam from pursuing magic.

Zee Ci nema, 9 p.m.

GAIR

Vikram’s father has taught him that to win, in chess, one has to kill the king. And when his parents Harmesh and Sulbha are brutally killed he decides to apply the principles of chess to real life ! Vijay an illegitimate orphan grows up to be a rich industrialist with his hard work. He falls in love with Madhu who is retired judge Amarnath’s (Satyen Kapoor) only daughter. Their love blossoms. Raja who is industrialist Oberoi’s son too falls for Madhu, but when Oberoi goes to ask for Madhu’s hand he finds out that before him Vijay had approached for Madhu’s hand. Oberoi sides Vijay’s proposal. Fi lmy, 9 p.m.

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

STAR PLUS

P.M. 2.00 Ek Nanad Ki Khushiyon Ki Chaabi..Meri Bhabhi 2.30 Ek Veer Ki Ardaas-Veera 3.00 Pyar Ka Dard Hai Meetha Meetha Pyara Pyara 3.30 Yeh Rishta Kya Kehlata Hai 4.00 Saraswatichandra 4.30 Diya Aur Bati Hum 5.00 Saath Nibhaana Saathiya 5.30 India’s Dancing Superstars 6.00 Ek Veer Ki Ardaas-Veera 6.30 Ek Gahr Banaunga 7.00 Saath Nibhaana Saathiya 7.30 Saraswatichandra 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 Saraswatichandra 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 4.00 6.00 7.00 8.00

8.30 9.00 10.00 11.00 P.M. 2.00 2.30 3.00 4.00 5.00 5.30 6.00 7.00 7.30 8.00 8.30 9.00 10.00 11.00

LISTING

9.30 Nayi Umra Nayi Chunauti Par. 10.00 Bharat Ka Veer Putra Mahara 10.30 Bade Achhe Lagte Hai 11.00 Indian Idol Junior

ZEE TV

P.M. 2.00 Aaj Ki Housewife HaiSab Jaanti Hai 2.30 Punarvivaah 3.00 Hitler Didi 3.30 Pavitra Rishta 4.00 Qubool Hai 4.30 Pavitra Rishta 6.00 Hitler Didi 6.30 Punarvivah 7.00 Aaj Ki Housewife 7.30 Sapne Suhane Ladakpan Ke 8.00 Jodha Akbar 8.30 Hitler Didi

2.30

3.00 6.00 7.30 8.00 9.00 9.30

10.00 10.30 11.00 P.M. 2.00 2.30 3.00 3.30 5.00

Mein Uljhi Niyati Jhilmil Sitaron Ka Aangan Hoga.

Sultaan: Film, Mithun C Surkshetra Haunted Nights Jai Jai Jai Bajarangbali Jhilmil Sitaron Ka Aangan Hoga.

Rishton Ke Bhawar Mein Uljhi Niyati Piya Ka Ghar Pyaara Lage Jai Jai Jai Bajarangbali.

Rishton Ke Bhawar Mein Uljhi Niyati

SAB TV

Taarak Lapataganj-Ek Baar Phir FIR Gutur Goon 2 Malegaon Ka Chintu

DISCOVERY KIDS

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

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

SCIENCE

P.M. 2.00 Alien Encounters

One Tree Hill Mad Men Two And A Half Men Big Bang Theory Masterchef Australia One Tree Hill Grey’s Anatomy Two And A Half Men Big Bang Theory Masterchef US One Tree Hill Mad Men

ZEE CAFÉ

Grey’s Anatomy Scandal Just for Laughs Grey’s Anatomy Numbers America’s Funniest Home Videos American Dad Scandal Grey’s Anatomy Numbers

BIG CBS LOVE

Summerland Game Beauty and The Beast Life Unexpected Excused Game Summerland Entertainment Tonight Rules of Engagement Game Game Britain’s NTM Summerland Excused

SONY TV

Savadhan India, Life Ok, 10.30 p.m.

9.00 9.30 10.00 10.30 11.00 P.M. 2.30 3.00 3.30 5.00 5.30 6.30 7.00 7.30 8.00 8.30 9.00 9.30

10.00

10.30 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

Pavitra Rishta.

Qubool Hai Connected Hum Tum Punarvivah Badalte Rishton Ki Dastaan

LIFE OK

Savitri Devo Ke Dev Mahadev Best of Savdhaan India Devo Ke Dev Mahadev Savadhaan India Do Dil… Ek Jaan Kaisa Yeh Ishq Hai-Ajab Sa Risk Hai Amrit Manthan Devo Ke Dev Mahadev Savitri Do Dil…Ek Jaan Junoon-Aisi Nafrat, To Kaisa Ishq Kaisa Yeh Ishq Hai-Ajab Sa Risk Hai Savadhan India

COLORS

Sasural Simar Ka Balika Vadhu Na Bole Tum… Madhubala….

Bani Ishq da Kalma Shaitaan-A Criminal Mind Balika Vadhu…

Uttaran Bani – Ishq da Kalma 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

7.30 8.00 8.30 9.00 9.30 10.00 10.30 11.00

P.M. 2.00 2.30 3.00 3.30 4.00 5.00 5.30 6.00 6.30 7.00 7.30 8.00 8.30 9.00 9.30 11.00

Jodha Akbar, Zee TV, 8 p.m.

Jeanie Aur Juhu Baal Veer Taarak Chidiyaghar Jeanie Aur Juju Lapataganj-Ek Baar Phir FIR Taarak Mehta

ZEE MARATHI

Tu Tithe Mee Tuze Maze Jamena Mala Sasu Havi Radha Hi Bawri Fu Bai Fu Tu tithe Mee Mala Sasu Havi Tuze Maze Jamena Home Minister Tu Tithe Mee Radha Hi Bawri Unch Maza Zoka Mala Saasu Havi Tuze Maze Jamena Ek Peksha Ek Radha Hi Bawri

ANIMAL PLANET

P.M. 2.00 3.00 4.00 5.00 6.00 6.30 7.00 8.00 9.00 10.00 11.00

Marvellous Marven Animal Planet’s A to Z Animal Planet Showtime Animal Planet Safari Fooled By Nature Predator’s Prey Killer Bites Wild Asia Marvellous Marven Animal Planet’s A To Z TV with Teeth: Bite Of The Living Dead

DISCOVERY

P.M. 2.00 Wonders of the Universe 3.00 What Happened Next 3.30 Factory Made 4.00 Man Woman Wild 5.00 Body Bizarre

DOORDARSHAN

DDI (Main Channel)

News in Marathi Katha Sarita Runanubandha Tiwlya Bawlya Sapala Ek Rikam Gharat News in Marathi Thatta Nashibachi Sata Janmachi Punyai Krishi Varta AMAM News in Marathi.

The News Samachar.

Krishna Kali

MOVIE CHANNELS

P.M 1.25 3.45 6.20 9.00 11.00 A.M. 8.30 10.20 P.M. 12.20 2.20 4.55 7.25 9:30

9.00 Pehchan, Astitva Ki Talaash 9.30 Saraswatichandra 10.00 Gora 11.00 PATHSHALA: Film.

Shahid Kapoor

DDII (Metro Channel)

P.M. 2.00 2.30 3.00 3.30 4.00 4.30 5.00 5.30 6.05

News in Hindi.

News.

Sports News Repoter’s Diary Samachar.

The News.

Samachar.

Rajyon Se Samachar.

Metro Scan

3.00 Mysteries of Magic 4.00 Dark Matters: Twisted But True 4.50 The Detonators 5.40 Deconstructed 6.00 Frontier of Flight 7.00 Build It Bigger 8.00 Ultimate Guide 9.00 Storm Chasers 10.00 Ultimate Weapons 11.00 Frontier of Flight P.M. 2.00 3.00 4.00 5.00

6.00 6.30 7.00 8.00 10.00 10.30 11.00

HISTORY

Modern Marvels Extreme Trains The Works Around The World in 80 Ways Pawn Stars Kings of Restoration Daredevils Space Dive Kings of Restoration Extreme Prison Breaks Ancient Aliens

NAT GEOGRAPHIC

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

10.00 11.00

Cold Blood Most Amazing Moments Dangerous Encounters Chef on the Road Most Amazing Moments Caught in the Act Dangerous Encounters Ultimate Animal Countdown Breakout Taboo

STAR CRICKET

P.M. 2.30 2011 Commonwealth Bank Series h/ls 3.00 ICC Champions Trophy 2013 h/ls 5.00 Champions Ka Champion 5.30 ICC Cricket World Cup 2011 h/ls 6.30 2011 Commonwealth Bank Series h/ls 7.00 ICC Champions Trophy 2013 h/ls 8.00 ICC World T20 2010 h/ls 8.10 Yorkshire Bank 40 2013

ESPN

Pathashala, DDI, 11 p.m.

6.30 7.05 7.30 8.00 8.30 9.00 10.00 10.30 11.05

Business Wrap Khel Samachar Focus Samachar News in Hindi.

Samachar Charcha Main Aankhon Dekhi Khel Samachar

P.M. 2.00 Jai Ho 2 .30 Champions Ka Champion 3.00 F1 Classics 4.00 Champions Ka Champion 5.30 Wimbledon Champinships 2013-1st round 11.30 Jai Jo

STARMOVIES

Gone in 60 Seconds X Men : First Class The Avengers Salt Dragonheart

Garfield: A Tale of Two Kitties Dragonheart

HBO

Wrath of the Titans The Matrix Reloaded Act of Valor Transporter 3 The Chronicles of Narnia: The Lion, The Witch and The Wardrobe

A.M. 7.00 Sanctum 9.05 Transporter 3 11.05 The Matrix Reloaded P.M 1.00 2.45 4.40 7.00 9.00 11.00 A.M. 9.55

STAR WORLD

P.M. 2.00 Bharat Ka Veer Putra Maharana 2.30 Bade Acha Lagte Hai 3.00 Chhanchan 3.30 Indian Idol Junior 5.00 Crime Patrol Dastak 7.00 Bharat Ka Veer Putra Maharana 7.30 Dil Ke Nazar…

8.00 Anamika 8.30 Amita Ka Amit 9.00 Chanchhan

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

6.00 Wildest India 7.00 Man vs Wild 8.00 From Niag ar a Fall s To The Grand Canyon 9.00 Full Force Nature 9.30 How Do They It 10.00 Gold Rush 11.00 Desire and Pleasure Decoded

P.M. 2.10 4.25 7.00 9:00 11.50 A.M. 7.45 9.30 11.05

ZEE STUDIO

The Contractor Surrogates Bedtime Stories Honey I Blew Up The Kid Six Days Seven Nights Atonement Atonement

PIX

ZEE TALKIES

P.M. 12.00 Gallit Gondhal Dillit Mujra: Jyoti Joshi 3.00 Khandobachya Navane: Ravindra Makhani 6.00 Matter: Santosh Juvekar 9.00 Zapatlela: Mahesh Kothare

CARTOON NETWORK

P.M. 2.00 3.00 4.30 5.00 5.30 6.30 8.00 9.00 10.00 11.00 A.M. 8.00 9.00 10.00 11.00

Tom and Jerry Tales Oggay and the Cockroaches Adventure Time Ben 10 Oggy and the Cockroaches Oggy Ki Olly Roll No 21 Ben No 21 Tom and Jerry Show Adventure Time Roll No 21 Oggy Obbochama-Kun Ben 10 Tom and Jerry Show

POGO

P.M. 2.00 Chhota Bheem: Bachao Bachao Special 3.30 Chhota Bheem Aur Krishna Movie II 5.00 Chhota Bheem Marathon

Robocop 2 Shooter John Rambo Watchmen The Pink Panther

The Love Guru Open Season 2 John Rambo

STAR GOLD

P.M. 2.05 Dilwale: Ajay Devgan 5.30 Suno Sasurjee: Ameesha Patel 9.00 Ragada: Nagarjuna A.M. 8.55 Daava : Akshay Kumar 11.00 Ra One: Shahrukh Khan

Watchmen, Pix, 9 p.m.

MAX

P.M. 2.05 Koyla: Madhuri Dixit 5.25 Kaante: Amitabh B 9.00 Golmaal-Fun Unlimited: Ajay Devgan A.M. 7.30 Tara Rum Pum: Saif Ali Khan 11.10 Mere Hindustan Ki Kasam: Nagarjuna

ZEE CINEMA

P.M. 1.45 Mera Naam Joker: Raj Babbar 5.40 Ajooba: Amitabh Bachchan 9.00 Toofan: Amitabh B, Meenakshi Sheshadri A.M. 10.35 Awara Paagal Deewana: Akshay Kumar

CVO

P.M. 2.00 Garv-Pride and Honour: Salman Khan 5.30 Ek Aur Dharmatma: Sathyaraj, Nagma 9.00 Batwara: Dharmendra A.M. 9.30 Khel Khilari Ka: Dharmendra, Shabana A

FILMY

P.M. 12.00 Gang: Jackie Shroff 3.00 Dil Ne Jisse Apna Kaha: Salman Khan 6.00 Hum Dil De Chuke Sanam: Salman Khan 9.00 Gair: Ajay Devgan A.M. 9.00 Raja Aur Rana: Ashok Kumar

B4U

P.M. 12.00 Prem Shakti: Govinda, Karishma K 4.00 Baadshah: Shah Rukh Khan 8.00 Dadagiri-Wardi Wale Ki A.M. 8.00 Hallow’s End: Stephen Cloud

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

Atonement, Zee Studio, 11 p.m.

8.00 9.00 9.30 10.00 10.30 11.00 A.M. 8.00 8.30 9.00 10.00 11.00 P.M. 2.00 3.00 3.30 4.30 5.00 7.00 7.30 9.00 9.30 10.00 P.M. 2.00 4.30 5.00 5.30 6.00

6.30 7.00 8.00 8.30 9.00 9.30

Hagemaru Chhota Bheem Pokemon Takeshi;s Castle Sunaina MAD

Thomas and Friends Galli Galli Sim Sim Chhota Bheem Hagemaru Chhota Bheem

DISNEY CHANNEL Doraemon Hamtaro Phineas and Ferb Art Attack Doraemon Hamtaro Doraemon Slokk Best of Luck Nikki Doraemon

DISNEY XD

Kiteretsu Splatalot Super Robot Kiteretsu Iron Man Armored Adventures Spiderman Kiteretsu Ultimate Spiderman Hulk Iron Man Rescue Force

23

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

TV TATTLES HARDWORKING ACTOR

PARIDHI SHARMA, who plays Jodha in Zee TV’S historical ‘Jodha Akbar’ says, “I'm excited about playing a historical figure in a lavish period drama. I had to undergo many lessons in horse riding and sword fighting.

And I take it as a challenge that at the very beginning of my career, I will be compared with Aishwarya Rai's portrayal in ‘Jodha Akbar’. My dress and jewellery weighs around 10 kg and it is a task to carry it for 8-10 hours on the sets. Horse riding has been scary but I am determined to work hard.”

GETTING PERSONAL WITH EVES

ZEE TV’s latest reality show ‘Connected Hum Tum’ hosted by Abhay Deol has six women showcasing their personal lives on national television. Much has been said about the courage of these six women who’ve taken the plunge. After all it takes guts to live life like an open book! Little do people know that the producers had originally shortlisted seven women and not six. It was ‘Chak De!’ star Shilpa Shukla who was also supposed to be a part of this exciting series. But she backed out mid-way citing personal issues, reveals the popular RJ Malishka mendonca who is now seen on ‘Connected Hum Tum’.

ANOTHER POLICE SERIAL

OUR spirited police forces battle all odds and take criminals head-on every day. Life OK, India’s fastest growing Hindi general entertainment channel, and Endemol India will salute this ‘never say die’ spirit of our law enforcers in its new show ‘Police Dial 100’--a fast paced program that travels with the police to capture real life crimes and investigations. The show premiers on June 22 at 7 pm on Life OK. Speaking of the show, Ajit Thakur, General Manager, Life OK said, “Police forces have a tough job of maintaining law and order, especially in densely populated Indian cities such as Delhi and Mumbai. ‘Police Dial 100’ is Life OK’s effort to delve deeper into the functioning law enforcing agencies and capturing on camera the highly stressful lives our police forces lead”.

ZOMBIES TO ENTERTAIN

FOR the first time ever, SAB TV brings to its viewers the joy of experiencing a zombie attack. Its popular show ‘FIR’ will be soon telecasting an interesting sequence that will leave the viewers thoroughly entertained. The track unfolds with an unusual case that comes Inspector Jwalamukhi Chautala’s way. It seems like there has been some sort of a zombie invasion and they are killing people around town one by one, thus turning them all into zombies. Courageous and undaunted by anything, Inspector Jwalamukhi steps forward to solve this case under any circumstance.

MIDDLE CLASS LIFE

BBC WORLD News will be launching a new show called ‘The Rise of the New Middle Class’. It is a series of short films and debates exploring life for people in the developing economies as they discover their new economic power. The show on BBC World News will be asking if the new middle class is the new global power, and how influential they really are. As well as looking at what defines and interests this emerging group. As the global balance of economic power shifts, people in all corners of the globe are moving away from poverty and life in rural communities, heading to cities and becoming consumers with new expectations, ambitions and political demands.

BRAND MERCHANDISE

IT’S time to join the flock as Nickelodeon India, the popular kids’ brand, has acquired merchandising rights of its muchloved character, Shaun the Sheep.

Following the show’s success amongst Nicksters, the brand is all set to launch a whole new attractive range of merchandise for its ardent fans. Acquiring the rights from the official international creator Aardman Animations, Nickelodeon has partnered with Toy Triangle for distributing the much-awaited range which is expected to hit the Indian market by June 2013.

By Sandeep Hattangadi How does it feel to finally be declared winners of the tough Fu Bai Fu contest?

I am extremely happy and elated that I have been declared the winner. It’s a great feeling.

Whom would you attribute this win to?

To destiny and fate. We were destined to win.

What do you have to say about your partner Supriya Pathare?

She too has a fantastic sense of humor and our coordination was grand. Also, the script by Nilesh Sable along with our “additions” was responsible for our victory.

Bhau Kadam is Fu Bai Fu victor

Popular comedy show Fu Bai Fu on Zee Marathi has finally reached its culmination stage and the winners are the jodi of Bhalchandra Kadam aka Bhau Kadam and Supriya Pathare. We spoke to the comedian, Kadam in a post award chat. Here is what he said.

Who was your toughest competitor?

All the participants were good and came close to winning but personally I feel the ‘jodi’ that came second was our closest competitor. All the five pairs who came to the finals were good and even we enjoyed their skits. But our skit of a husband and wife enjoying their wedding anniversary was written well by Nilesh and our performance was good. The judges, Swapnil Joshi and Ashwini Kalsekar really liked our skit and it was great to be awarded the winning crown at the hands of Sachin Pilgaonkar, who is a big star himself.

Whom do you consider as good comedians?

My all time favourite is Raja Gosavi and in Hindi—Asrani and Jagdeep are my favorites.

Among the present actors I like Boman Irani.

You are busy with your successful play ‘Karun Gelo Gaav’, and TV series ‘Tujha Majha Zamena’ and your recently released film ‘Chandi’ is getting appreciation.

Which medium excites you more?

I enjoy all the three mediums. I am very close to drama so I feel comfortable but TV serials and films are in a different zone altogether. But TV and films give you wider recognition.

What is your future aspiration?

I want to work in Hindi films and make a name for myself as a good comic actor in Hindi films.

We are sure Bhau will achieve his dream soon! Congratulations!

Anil Kapoor’s ‘24’ will develop new set of TV audience: Tisca A

CTRESS Tisca Chopra, who will be seen in the Indian adaptation of popular American espionage drama '24', is confident that the show would create a new set of audience for television.

The Hindi version, which has borrowed the same name from the original one, is written by Rensil D'Silva. The show is being directed by Abhinay Deo and produced by Bollywood actor Anil Kapoor.

It will premiere in August on Colors channel.

“The show is not a risk for me... It is a huge franchise. I am quite happy to be part of

will develop a new set of audience," Tisca told PTI. The series will see Anil play Jack Bauer, an anti-terror squad leader, while Tisca will essay the role of Anil Kapoor's wife.

"I have an exciting role to play in the show. It's a challenging role and I'll get to do things I have never done before. The role is different from what it is there in the original show. It is a huge opportunity such a show which offers to get to do a show like this," good content. It is an amaz- she added.

Tisca's role as a mother of ing show and I have loved the original version. With the for- a school boy in 'Taare Zamat of this show I am sure it meen Par' was much appreci-

ated. In this show, she will again be seen doing a role of mother of the characters played by newbies Adhish Khanna and Sapna Pabbi.

She has already started shooting for the show. Tisca, who will venture into the small screen for the first time, feels that the content on television has improved.

“TV as a medium had to grow and it is growing. There are lots of formats on the small screen--daily soaps, reality shows, shows like CID etc. Today's audience is getting a lot of variety to watch,” she said.

24

RIGHT HERE, RIGHT NOW

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, JUNE 24 2013

Need to check splurge on BMC schools M

unicipal schools across city are, more often than not, in the news for all the wrong reasons.

Everything seems to be going wrong in municipal schools in the city.

Recently, an RTI application filed revealed that around 631 teachers’ posts are vacant in municipal schools in the city. This revelation stirred a hornet’s nest particularly in view of the education department’s claims of maintaining a good teacher-student ratio in government schools.

According to the Right to Education (RTE) Act, the primary school section i.e. from standard I to standard V is supposed to 1:30 teacherstudent ratio whereas the secondary section from standard VI to standard VIII should have 1:35 teacher-student ratio.

But, the reality seems to be far from this. Many activists feel, the victims of this skewed ratio, are the students who suffer the most. And, if teachers’ scarcity was not enough, the RTI application also revealed that some of the schools didn’t even have principals to manage the schools.

Although the RTE Act that was enacted in August 2009 was a bold step forward, placing the onus on the government to ensure children between the age of six years to 14 years are enrolled and attend elementary schools across nation, the government needs to focus on the quality of education delivered in most schools, especially municipal schools.

Just last year, it was revealed how students are dropping out from municipal schools across city. And, although a huge amount of money is spent on children’s education in these schools, when it comes to the crunch, the students don’t seem to be fairing any better .

A little over Rs 50,000 per year is

BMC schools in the docks over spending, staff shortage

MUN SCHOOL MISMANAGED http://youtu.be/Utbm2D3rsmY TEACHERS LACK THE WILL http://youtu.be/ob0KcV0xnJI

100CR SPENT ON STUDENTS http://youtu.be/GMZo4gF6Qvk STATE OF MUNICIPAL SCHOOL http://youtu.be/KhI4-7IPaA0

MAYOR ENSURES QUALITY http://youtu.be/lP-CH3sqszw

Picture for representational purpose only

Although a huge amount of money is spent on children’s education in these schools, when it comes to the crunch, the students don’t seem to be fairing any better, writes Gajanan Khergamker

In the absence of extra teachers, ex-students do their 'voluntary bit' at a voluntary school in Transit Camp at Cuffe Parade. BMC schools plagued with teacher shortage lack initiative being spent on a child’s education in a municipal school. When compared, around Rs 30,000 fees is charged annually in private schools.

Even with all the money spent by the government, children don’t seem to be doing any better when it comes to learning.

Earlier, the government would spend around Rs 20,000 per student but the money spent on students in municipal schools was increased to around Rs 41,000 per student in the year 2011-12. And, even with the increase in the amount spent on students, the student dropout rate has only increased. Where six per cent students dropped out in the year 2008-09, the rate fell to four per cent in 2010-11 but again rose to seven per cent in 2011-2012.

According to Brihanmumbai Municipal Corporation’s own figures, excessive drop-out rates can be seen in Mumbai’s 1,000 odd municipal schools. Reportedly, just 10 per cent of primary school students make it to secondary school.

This year, the government is spending close to Rs 53,000 per student in municipal schools. This, however, would not help considering the staff crunch that plagues municipal schools.

Staff shortage and high student dropout rates aren’t the only issues plaguing municipal schools; mismanagement too seems to be a huge problem.

An RTI application filed recently

revealed the state of the city’s municipal schools. With the civic polls around the corner, this revelation won’t do well for the corporation’s image.

Random questions asked in the RTI application revealed the dismal condition of municipal schools in Mumbai. According to information revealed, a municipal school in Ghatkopar has only 13 students while another barely manages with just one teacher on the job.

In another case, a four-storeyed English and Marathi medium municipal school in Grant Road reportedly had only 24 students in the primary section with three teachers on the job with a combined annual salary of Rs 10,80,000. In the English primary section of the same school, there were in all 63 students with only one teacher on the job.

Reports of municipal school buildings being put to different uses have also surfaced. Many of these ‘deserted’ municipal schools with negligible student attendance have been leased out to NGOs and are also provide preferred office space for political parties and private entities.

Reportedly, a school in Dadar has a full-fledged private gym operating on its ground floor. It is a common trend to find empty floors of municipal schools building being rented for private business groups or NGOs. Just passing the RTE Act won’t

work, the government need to ensure that the act is implemented and followed through at micro-levels.

A lot of illegalities take place in many municipal schools and the government had to ensure that the ex-chequers’ money isn’t wasted on sundry.

CONDITION SIMILAR JUST ABOUT EVERYWHERE

vealed that many municipal schools in Pune are struggling with staff crunch and the schools do not have enough teachers to teach secondary section students from standard VIII to standard X.

GOVERNMENT NEEDS TO RETHINK ITS POLICY

EVEN with the government spending so much money on children’s education, the number of students JUST recently, it was reported that attending municipal schools seems around 15 per cent of the students to be declining rapidly. Reportedly, on the roll calls in municipal pri- a major chunk of the increased outmary schools in Ahmedabad never lay is spared for revenue expendiattended any classes. Yet, there ture.

Revenue expenditure includes esnames persist in the school files and are not struck out and most proba- tablishment expenses i.e. salaries and pensions of employees, operably never will be.

These names are of the chronic tion and maintenance of schools absentees that are still marked on and debt servicing on loans raised the register as ‘dummy’ students to by the corporation. Reported, the help inflate the number of students number of students attending mustudying in municipal schools. And, nicipal schools fell from 420,440 in keeping their names and marking 2007-08 to 385,657 in 2011-12.

The government needs to rethink their roll calls also helps ‘bring its whole policy when it comes to down’ the dropout figures.

It is believed that most of these education of children. Merely inchronic absentees have enrolled in creasing the expenditure is not some or the other private school going to help. The government without taking leaving certificates should look to appoint an indefrom the municipal schools. Re- pendent committee to keep a check portedly, out of the 1.60 lakh stu- on the functions and expenditure of dents attending municipal schools, municipal schools and stop the mindless spending of the tax-pay20 per cent are dummies.

In another RTI application filed a ing citizens’ money.

With inputs from Prerna Pandey couple of months back, it was re-

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

Afternoon Despatch & Courier MUMBAI

| MONDAY, JUNE 24, 2013

25

26

Afternoon Despatch & Courier

COFFEEBREAK

CRYPTIC CROSSWORD 576

ENIGMA CODE 576

ACROSS: 1 Is he all at sea election time?

(8,5) 8 Gift from a rowdy, perhaps (5) 9 Chief beneficiary of local trade (9) 11 Turf from the Heavens? (5) 12 A super Tom is prepared - to kill Jerry? (9) 15 If the biter turns up over the Wye it gives it a sharp smell (5) 16 One may take a plane so that a fish may come in for one (9) 17 Grandmother shortly to discourage another relative (5-4) 18 There's nothing in the crib to make one so acid (5) 19 After accident, trace skid to minor road (9) 23 An animal arrived and left shortly afterwards (5) 24 Modern country state (3,6) 25 I halt and break it or break with it? (5) 26 Fish and chip shop's promise of a hot time to come (6,7) DOWN: 2 Not very high achievement in showing the flag? (3,8) 3 Jack, Jill or Jane? (7) 4 Skirt length turning up with nothing in it, so to speak (5) 5 Revolutionary development in naval fire-power (3,6) 6 Daisy with a bovine look (5) 7 Benefits of disposing of vast agenda (10) 10 Female penal centre (3) 13 Light comeback for possible revenge? (6,5) 14 Restriction on entry may be lifted (10)

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 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: Set up

E

E

SOLUTION TO FRIDAY’S ENIGMA CODE DIVERT, DERIVE, DIVIDE DRIVER, REVERT, REVIVE TRIVET

E E

E

E

E

E

E

E

MATH PYRAMID 576 16 Many unhappy, regretful about the campaigning (9) 18 Small things that cause a lot of ill feeling (7) 20 Internal combustion engine

initially in need of warming up (3) 21 Following translator I've returned to Roman fountain (5) 22 Old capital of Japan changed to Tokyo (5)

SOLUTION TO FRIDAY’S CRYPTIC CROSSWORD ACROSS: 3 Fair cop, 8 Offer, 9 Emend, 10 Eight hours, 11 At all events, 13 Rarity, 16 Scales, 22 Sensational, 24 Sheds a tear, 25 Odour, 26 Uncas, 27 Sidle up.

DOWN: 1 Took over, 2 Offender, 3 Fragrant, 4 Instead, 5 Corolla, 6 Petrov, 7 In battle, 12 Ena, 14 Adenoids, 15 Ics, 17 Called up, 18 Last race, 19 Shakiest, 20 Fiddled, 21 Andante, 23 Achers.

QUICK CROSS 576

ACROSS: 1 Streetcars (5) 6 Lease again (5) 7 Active, quick or supple (5) 8 Track competitor (5) 9 Daggers (5)

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

FRIDAY’S SOLUTION

FRIDAY’S SOLUTION

DOWN: 1 Baits, decoys or enticements (5) 2 Cordelia's sister (5) 3 Carroll's character (5) 4 Brawl (5) 5 Endings for "mob" and "gang" (5)

MATHDOKU 576

HIDATO 576

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

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, JUNE 24, 2013

TIGER BUD BLAKE

WIZARD OF ID PARKER & HART

B.C. JOHNNY HART

BEAU PEEP THE ADVENTURES OF LEGIONNAIRE BEAU PEEP

27

COFFEEBREAK MOON: Sagittarius TITHI: 1st Jyesht Krishnapaksha NAKSHATRA: Purvashada RASHI: Dhan (Sagittarius) Bh.F.Dh. LUCKY COLOUR: Variegated and Black LUCKY NUMBER: 7 BIRTHDAY FORECAST: Security at work will give you the confidence to explore new areas and move from one success to another. Students appearing for competitive examinations will emerge successful. Those in love, who may have had certain difficulties regarding marriage, will now overcome their problems and settle down happily. Love life will prove happy and enduring.

BABIES BORN TODAY: Good looking, healthy and long-lived. Will be generally fortunate, intelligent and a go-getter. Will be fond of outdoor activities and friends.

Humble, honest and adaptable. Does well in most fields especially medicine, media, communication, philosophy and occult services. Success from overseas is indicated.

TODAY’S FORECAST Jagjit Uppal

ARIES (March 21 - April 20): Explore new regions previously not visited for work development. Travel will be favorable and open up new avenues for you. Personal life runs smoothly, though you will miss moments of leisure and romance in the company of your beloved

TAURUS (April 21 - May 20): A modest approach will find favor and get the job done. Payments will come in. You seem to feel as if all your work in the past has gone in vain and you have not achieved anything. But self-assurance is the key to get ahead. Do not let negative comments get you down.

GEMINI (May 21 - June 20): You have a profitable day. You are closer to achieving goals in career or profession. Meetings and new business proposals scheduled for today yield good results. You are good at impressing all but bad at expressing true feelings to your beloved. You will have to work hard to be more demonstrative.

CANCER (June 21 - July 21): You can look forward to monetary gains.

Uncertainties about the future are unfounded. The present phase is extremely favorable. Find time to plan the future rather than dwell on the past. Your esteem in your circle of friends or family set-up will increase.

There will be opportunities for shopping and picking up a bargain.

LEO (July 22 - August 21): You have a good chance of improving your image at your work place by coming up with a neat solution to a problem. In your business if you wish to make optimum use of your capital cut some wasteful expenditure and improve productivity. For Property issues wait for a more opportune time.

FRED BASSET ALEX GRAHAM

VIRGO (August 22 - September 21): You may feel the need to withdraw and sort out your thoughts and expectations. Uneasiness about certain family problems troubles your mind. You will discuss your personal affairs with a close friend. Some choices you have to make in a relationship are difficult. Try not to get too emotional in your own interest.

Someone who lives far away will be in touch, perhaps a family member.

LIBRA (September 22 - October 22): Favorable trends continue at work.

You will be given more responsibility with added incentives. Work diligently and you can look forward to a promotion or further benefits. A sudden change of plans adds a little excitement to your dull routine. An outing this evening will be a memorable one. Be more responsive to the one who loves you deeply.

PHANTOM LEE FALK

SCORPIO (October 23 - November 21): At work or in your business, you will be in a position of advantage. You can now put your new plans into action, for others will be willing to support you. Those desirous of a change of residence will come across a good bargain. Family life is happy and congenial. You can look forward to good times in love life. However try to reassure your mate by being more expressive and indulgent.

SAGITTARIUS (November 22 - December 20): Changes for the better materialize. Colleagues will also be more cooperative than in the past.

There is a visible change in attitudes. Some problems with the loved ones will now vanish as the main cause of dissatisfaction gets resolved for all. The single may want to introduce their beloved family. You may not be in the best of moods but today is important for getting the approval of those that matter to you.

MODESTY BLAISE PETER O’DONNELL

CAPRICORN (December 21 - January 19): Don’t let negative thoughts upset you. There is a threat to becoming a victim of your own inhibitions. Give others the benefit of the doubt. Help and monetary gains are indicated. An outing this evening should cheer you up and make you more optimistic about the future

AQUARIUS (January 20 - February 18): Start cashing in your profits and strengthen your position. The successful run that you may have had could abate for a while. If you are not sure about your feelings towards a loved one, make matters clear. It would be unfair to someone who loves you sincerely.

PISCES (February 19 - March 20): Work diligently to improve the situation at office. Even a minor mistake today could result in a financial setback. Patience now will earn you the goodwill you deserve. You will have to make a few adjustments at home and in your relationship with others if you want happiness. Things that you do or say are going to go a long way in cementing your love relationship. Your mate will appreciate your efforts.

28

COFFEEBREAK

QUICK CROSSWORD 4696

ACROSS: 1 Bollywood's Bipasha ___ (4) 4 Pert. to first man (6) 8 Greek letter or unit of pressure (3) 10 Chapter of the Koran (4) 13 A barrier for protection (8) 14 Catch; to trap (7) 15 Popular tourist destination in Himachal Pradesh (6) 17 Robot (9) 21 ___ for : apply or compete for? (3) 22 Fancy marble (3) 23 Cloudlike mass (3) 26 Keeps the jams (9) 27 Engage the service of (6) 28 German coin (7) 32 Great Sanskrit poet of Meghadoot and Raghuvamsa (8) 34 Fashion designer Chanel (4) 35 Designer monogram (3) 36 Sharp, loud noise (6) 37 Affectionate (4)

DOWN: 1 A military station (4) 2 Letter opener (4) 3 Union of Soviet Socialist Republics (4) 5 Plateau in South Central India? (6) 6 Management degree (3) 7 Complete fool (6) 9 Native or inhabitant as a suffix (3) 11 ___ diamond : diamond in its raw form? (5) 12 Anger or irk (5) 15 ____ down : defeats, overwhelms, or overcomes? (4) 16 Northern arm of the Black Sea (4) 18 A short journey by sea or land (4) 19 Give it __ __ : have a go at it? (1,3)

www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

SUDOKU 1882 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: J equals T

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

20 Edison monogram (3) 23 Former French currency (5) 24 Arising from a gene (5) 25 Less strong or more frail (6) 26 A finely ground substance (6)

28 "Gangnam Style" rapper (3) 29 Don't admit anything? (4) 30 Luigi ___, It. composer (4) 31 ___ old days : the past? (4) 33 ___ dog : a small pet dog? (3)

SOLUTION TO SATURDAY’S QUICK CROSSWORD ACROSS: 1 Shimla, 7 Victoria, 8 Foci, 10 Obelus, 11 Aghast, 14 Nae, 16 Milky, 17 Gash, 19 Sumac, 21 Momus, 22 Aahed, 23 Amla, 26 Jammu, 28 Idi, 29 Unduly, 30 Bodkin, 31 Ruse, 32 Triangle, 33 Wipers.

DOWN: 1 Strong, 2 Moolah, 3 Avis, 4 Stigmas, 5 Trial, 6 Catty, 8 Fens, 9 Cue, 12 Hic, 13 Skull, 15 Fumes, 18 Aswan, 19 Soh, 20 Mud, 21 Maulana, 22 Amu, 23 Adds up, 24 Mike, 25 Annuls, 26 Junta, 27 MDLIV, 28 I o u, 30 Brew.

IRREGULAR SUDOKU 1701 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

N

Q

-

K

S

J

B

C

H

Q

J L

X B

H

B C

Q

P A

V

V

I

N

G

J

-

K

R

A

X

K

O

SATURDAY’S SOLUTION: I believe that professional wrestling is clean and everything else in the world is fixed

Afternoon WORD MINE

N

A

E

Y

E T

L

L

R

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: 23 average; 26 good; 28 outstanding.

SATURDAY’S SOLUTION: gill, girl, giro, grill, grin, groin, grunion, gull, ling, lingo, long, lung, luring, ring, rolling, ruing, ruling, rung, UNROLLING.

HEATHCLIFF

Saturday’s

SPORTS

Afternoon Despatch & Courier www.afternoondc.in

MUMBAI | MONDAY, JUNE 24, 2013

29

ANAND DRAWS WITH KRAMNIK AT TAL MEMORIAL

M

OSCOW: Victory eluded Viswanathan Anand yet again as the world champion played out a draw with Russian Vladimir Kramnik in the eighth and penultimate round of the Tal Memorial Chess Tournament here.

Looking to control some damage after losing as many as three games in one of the strongest tournaments ever, Anand did everything right and gave no chances to Kramnik who is on an unfamiliar last spot in the tournament he has won before.

With just one round remaining, the draw did not help Anand's cause for a comeback but did not do any further damage either. Boris Gelfand of Israel remained in front on 5.5 points after an easy draw with Shakhriyar Mamedyarov of

Deepika stunned

by Buriuly in recurve

Azerbaijan while world number one Magnus Carlsen scored a regulation victory over erstwhile leader Hikaru Nakamura of United States to jump to sole second spot on five points.

Fabiano Caruana of Italy also improved his chances in the tournament defeating Alexander Morozevich of Russia after the latter panicked out of a drawn situation and the Italian now shares the third spot along side Nakamura, Dmitry Andreikin of Russia and Mamedyarov on 4.5 points apiece.

Russian Sergey Karjakin did not give much leverage to fellow Andreikin and drew comfortably as black to occupy the sole seventh spot on 3.5 points with just a lone game left to play against Anand who stands sole eighth a half point

Viswanathan Anand drew with Russian Vladimir Kramnik in the eighth round of the Tal Memorial Chess Tournament.

adrift.

Kramnik and Morozevich share the last spot on 2.5 points each.

The variation chosen by Anand against the Nimzo Indian defence by Kramnik has not given White good results in the recent past but the

Indian ace had some ideas to push for advantage against the Russian.

However, Kramnik was able to complicate things and generate counter play as the game progressed and the players arrived at a double rook endgame in which the Russian was down a pawn for a very brief time and had little troubles in securing the balance.

Carlsen defeated Nakamura in style out of an English opening game as white. The Norwegian got a huge push in the centre with his pawn mass in the middle game and capitalised on it fully to generate a crushing attack. Nakamura had his back to the wall when he sacrificed a rook for a minor piece to stay in the game but Carlsen's technique was perfect to see him through with

Yusuf Pathan interacts with children at an event on Sunday.

Azad Shrivastav | ADC

EW DELHI: Ace archer Deepika Kumari was shocked by Rimil Buriuly in the gold medal match of women's recurve event at the 3rd National Ranking Archery Tournament held at the Yamuna Sports Complex here.

In a see-saw battle, the 19-year-old was beaten in the tie shootout 2-0 2-0 0-2 0-2 1-1 (10-10) as Rimil's shot was closer to the centre. Initially Deepika, representing Steel Plant Sports Board, took a two-set lead. But Rimil held her nerve and fought back by winning the next two sets. In the deciding set the points were tied. In the tie shoot both the archers hit a ten pointer but Rimil's shot was closer to the centre. "I am happy with my performance. The weather condition was hot and humid. This effect on the performance especially we came into the event straight after the 2nd leg of World cup where weather condition was cold," Rimil told PTI.

M

UMBAI: Yusuf Pathan might be out of the reckoning from the Indian team, but the Baroda all rounder said that he is working on his game and hoped to be in favour among the selectors to make it to the Indian ranks soon.

The 30-year-old Pathan who has been out of the Indian side for over a year said the only way back in to the team was to work hard on his game and use the off-season to his benefit. “I have to work hard. That is the only way,” said Yusuf Pathan during his interaction with kids at Smaaash in the city on Sunday.

Pathan was the second highest run-getter for his franchise Kolkata Knight Rider during this year’s Indian Premier League said that he was satisfied with his performance where he scored 332 runs from 16 matches despite the lone fifty in the entire series. “I am quite satisfied with my performance. I don’t see any reason not to be,” he said.

On being asked whether there could be any other batsman who could carry the tag of ‘master blaster’ after Sachin Tendulkar, he

By Anant Bhagwat

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Results round 8: V Anand (Ind, 3) drew with Vladimir Kramnik (Rus, 2.5); Alexander Morozevich (Rus, 2.5) lost to Fabiano Caruana (Ita, 4.5); Boris Gelfand (Isr, 5.5) drew with Shakhriayar Mamedyarov (Aze, 4.5); Magnus Carlsen (Nor, 5) beat Hikaru Nakamura (Usa, 4.5); Dmitry Andreikin (Rus, 4.5) drew with Sergey Karjakin (Rus, 3.5).

TITLE OF ‘MASTER BLASTER’ BELONGS ONLY TO SACHIN: YUSUF

By Neil Joshi

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another win.

Gelfand, meanwhile, played it safe as white against Mamedyarov while Caruana scored over Morozevich when the latter ran short of time in a complicated position. As the post game analysis proved, the Italian could at best have drawn but Morozevich fell under a trap that led to Caruana marching to glory.

S- 9 8 4 H- A Q J 6 D- 10 8 7 C- Q 10 9

he news spread like wild fire. I couldn’t believe my ears. Our club expert had been suspended for unruly behavior. Nobody seemed to S- K 2 know exactly what had happened.

H- K The expert was not allowed to enter D- A Q 9 3 2 the Card Room, but he frequented C- A J 7 5 2 the bar. So I sought him out & asked him the reason for his suspension.

I was south and dealer. I opened 1 At first he was reluctant to divulge the details but finally he spilled out diamond. That idiot, who masquerades as a bridge player, gathered the story.

“I was playing in the club & Mr. enough courage to overcall 1 spade Badhir the nincompoop was my op- and soon I was in 3 NO trumps. For ponent. His partner was a decent once he hit upon the correct lead of player but he was fighting a losing spade Queen. Probably that card battle. Mr. Badhir had tried every was nearest to his thumb. His parttrick in his repertoire to lose money ner overtook with Ace and returned and was succeeding. Then this deal the 6. I knew my LHO was holding 5 spades. How would you score 9 came along.

said there was only one man who could be credited with the title and it was the man himself.

“There is no player like Sachin Tendulkar. His presence in the dressing room has always benefited the team. Calling him a ‘legend’ is also less. There can be no ‘blaster’ after Sachin. What he has done for India, no one can reach that level.

The title belongs to him only,” said Pathan.

DHAWAN, SHARMA GOOD OPENERS Shikhar Dhawan has been on a roll every since he smacked the Australian for 187 during his debut in March this year, and his silken patch has helped his IPL team along with the current Indian team playing the Champions Trophy in England.

Pathan said that it was important for the Indian team that Dhawan and Rohit Sharma continue the legacy in

meager intelligence so I asked him “ why did you drop the king on my Ace? He had the temerity to inform me when you cashed the diamond Ace I knew you did not have the this club, nay the whole town, can Queen of diamonds otherwise you find that minuscule chance to make would have finessed. That marked 3 no trumps. If the LHO has single- the Queen with my partner. Thereton King of diamonds I can make fore I played the King on the Ace to show him that I was doubleton diathe contract.

So I cashed the diamond Ace.Lo & mond. & he should duck the Queen’ behold! The king was singleton with it was at this point that something him. So I went to dummy by over- snapped in my brain & I went taking the heart King, cashed the berserk. I tried to strangle him, but Queen & Jack of hearts & ran the 10 the other membe5rs restrained me, of diamonds, & spread my hand & I was suspended for 15 days. claiming 10 tricks. At this point the “Only for 15 days? Finally I could get asinine Mr. Badhir showed me his in a question.

“Yes the committee felt that I was diamond Jack & winning the trick with it, proceeded to cash 3 spades. justified in attacking him but the I was speechless. Such sophisti- rules were explicit so they had to cated deception was beyond his give me some punishment.

Accidentally Deceptive BRIDGE tricks?” Since this was only a rhetorical question I did not attempt to reply. Without waiting for my reply the expert continued. “I had 1 spade, 3 hearts 1 diamond & 1 club trick.

So I had to finesse the club King.

There was an inherent danger in that line, if the stupid fellow held the king of clubs. So I had to improve my chances. Can you diagnose another chance to make 9 tricks? You can’t. In fact nobody in

the opening slot which was left vacated by Sachin Tendulkar, Virender Sehwag and Gautam Gambhir.

While Tendulkar has retired from the limited format, the Delhi boys couldn’t make it to the Indian squad owing to their poor form. “Both of them should perform like Sachin [Tendulkar], Virender [Sehwag] and Gautam [Gambhir]. They are playing really well and are looking good on the top,” said Pathan.

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MUMBAI | MONDAY, JUNE 24, 2013

IN BRIEF Sarwan dropped from WI squad for tri-series

ST JOHN'S, ANTIGUA: Senior batsman Ramnarseh Sarwan has been dropped from the 13-member West Indies cricket squad for the first three matches of their ODI tri-series against India and Sri Lanka starting June 28.

"All the members of the squad that attended the ICC Champions Trophy in England and Wales, except fast bowler Jason Holder and batsman Ramnaresh Sarwan, have been retained," the West Indies Cricket Board said in a statement. Sarwan, who was brought back to the squad after 18 months during which he claimed to have been drained "mentally and emotionally", scored just one run each against Pakistan and India during the Champions Trophy.

The squad: Dwayne Bravo (capt), Chris Gayle, Johnson Charles, Darren Bravo, Marlon Samuels, Kieron Pollard, Devon Smith, Darren Sammy, Denesh Ramdin (wk), Sunil Narine, Tino Best, Ravi Rampaul, Kemar Roach.

Sports Ministry official under criticism from CSI

NEW DELHI: Clean Sports India, a movement for corruption-free sports, came down heavily on the suspended IOA officials for "illegally" trying to bring about the amendments in its constitution in the wake of IOC's directive to do so to lift the ban on India. The CSI, in a symposium organised by it on the occasion of Olympics Day here, was also critical of a top Sports Ministry official for "hobnobbing" with officials of the IOA who are not recognised by the International Olympic Committee. Blaming the IOA squarely for the current mess in Indian sports, CSI President Ashwini Nachappa said that the national apex body should now enforce the basic principles of ethics and good governance.

Jinkawa wins MRF 1600 race in National Ch'ship

COIMBATORE: Japanese driver Yudai Jinkawa won Race two of the MRF 1600 race in Round 2 of the MMSC-FMSCI National Racing Championship ahead of Sudarshan Rao and championship leader Ashwin Sundar. Sundar, starting last, fought his way up to third place after a last lap move on Goutam Parekh. In front Jinkawa cruised to victory with Sudarshan not getting close enough to challenge him. Vikash Anand drove well to finish in fourth place with 15year old Tarun Reddy finishing in fifth place after damaging his front wing with a crash with Sundar, who continues to lead the championship.

Spanish police bust sports doping gangs, arrest 84

MADRID: The Interior Ministry says Spanish police have busted two gangs that imported and trafficked doping substances used in sports and arrested 84 people. The ministry says more than 700,000 doses of anabolic steroids, the blood booster EPO and growth hormones were seized during raids in Madrid, Catalonia, Valencia, Andalusia and the Basque region, the ministry says in a statement. During the first quarter of 2013 the gangs introduced into Spain some 750 kilogrammes of drugs from China, Greece and Portugal, and marketed them in sports centers and homes, Sunday's statement says.

INSPIRED BRAZIL SEE OFF ITALY TO TOP GROUP

Italian goalkeeper Gianluigi Buffon deflects a ball just before Brazil's Dante is to score the opening goal during the soccer Confederations Cup group A match between Italy and Brazil at Fonte Nova stadium in Salvador, Brazil.

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ALVADOR DE BAHIA, BRAZIL: An inspired second-half showing from Brazil earned the Confederations Cup hosts a 4-2 win over Italy in Salvador to win Group A and avoid a potential semi-final meeting with Spain.

The dubious honour of facing the world champions in a Thursday semi in Fortaleza is now likely to be Italy's fate assuming the Spanish, with two wins under their belts ahead of their final meetnig with Nigeria, top Group B. Brazil made it three wins in three games yesterday at the event to earn a probable semi-final with Uruguay in Belo Horizonte on Wednesday.

Brazil started looking like a side who had been energised not just by their opening wins and clean sheets against Japan and Mexico but also the waves of popular protest by citizens demanding better social policies and an end to state corruption.

Brazil coach Luiz Felipe Scolari indicated he saw the pieces

ITALY

2 4

BRAZIL

Giaccherini (51') Dante (45'+1) Chiellini (71') Neymar (55') Fred (66' 89')

slowly falling into place although he has made the World Cup the overriding top priority rather than success this month. "We beat a strong Italian team and I think this shows we are on the right road, even if there are a few things we need to improve," said Scolari, mastermind of Brazil's 2002 World Cup success and brought back last November for a second spell in charge of the Selecao.

"We mustn't get carried away," added Scolari, who earlier urged his compatriots to be patient with their demands for institutional reform. An early Oscar flick sent in Neymar, but the

Barcelona-bound striker fired wide and then picked up a yellow card after a clumsy challenge on Italian fullback Ignazio Abate.

On the half hour Italy made an early change in sending on Emmanuele Giaccherini to replace Riccardo Montolivo before Brazil also had to reshuffle the pack as broken nose victim from their previous match, David Luiz, went off with a knock, giving way to Dante. Italy then lost Abate to a suspected dislocated shoulder, Christian Maggio coming on, before Brazil took the lead on the stroke of half-time. Neymar fired over a freekick from the left, Fred saw Gigi Buffon parry but Dante followed up and the Bayern Munich player bundled home. Italy had been confined to their hotel for part of their preparations owing to security fears amid the mass demonstrations sweeping Brazil over the cost of staging the event and next year's World Cup. Although the protests showed no sign of ending with tens of thousands more in the streets in

Saturday's Japan versus Mexico venue of Belo Horizonte, Italy coach Cesare Prandelli insisted that there was no question of the Azurri packing up and going home.

Six minutes after the restart, the four-time world champions were back on level terms as Mario Balotelli produced a neat backheel which played in Emanuele Giaccherini down the right. The Juventus forward breezed past a static Thiago Silva and drove firmly into the corner of Julio Cesar's net as the Azzurri set about trying to beat Brazil for the first time since their epic 1982 World Cup meeting decided through Paolo Rossi's unforgettable hat-trick.

Italy were missing injured playmaker Andrea Pirlo's guile and found themselves behind once more ten minutes after the restart as Neymar, who ended a nine-game goal drought with the tournament's opener against Japan, crashed home a freekick for his third goal in three games.

Chicharito double sees Mexico past Japan B

ELO HORIZONTE: Mexico came out of their shell in their final FIFA Confederations Cup match as Javier 'Chicharito' Hernandez bagged a second-half brace of headers to beat Japan 21, leaving the Samurai Blue bottom of Group A. Shinji Okazaki gave Japan hope in the final moments with a fine finish, but it wasn’t enough as El Trigrabbed the win, with Hernandez even missing a late penalty.

With both sides unable to advance to the semi-finals of the FIFA Confederations Cup, Japan andMexico were both eager to leave Brazil with a win. The best chance of the opening period came late on in the half, with a snap header by Mexico's Andres Guardado from eight yards out.

Eiji Kawashima was left stranded, but the post came to Japan’s rescue.

Mexico were the stronger side at the beginning of the second-

MEXICO 2 1 JAPAN Javier Hernandez Shinji Okazaki (54' 66') (86')

Teammates congratulate Mexico's Javier Hernandez after he scored the first goal against Japan during the Confederations Cup group A match at the Mineirao stadium in Belo Horizonte, Brazil. half, and they were rewarded nine minutes after the restart.

'Chicharito' opened the scoring as he headed home Guardado’s cross, beating Kawashima to the ball. The Manchester United

man doubled Mexico's advantage six minutes later. Giovani Dos Santos’ corner found Mexico's No14 at the far post who made no mistake with a downward header. The Samurai Blue

came back into the match and continued to press forward. They were given some consolation when Okazaki coolly finished Yasuhito Endo’s cross in the 86th minute. As Japan launched more men forward in the final minutes looking for the equaliser, Mexico were awarded a penalty-kick when Hernandez was brought down inside the area by substitute Atsuto Uchida.

Mexico's talisman did not complete his hat-trick though, as Kawashima made a brilliant diving save, and the Mexico striker then smashed the ball off the crossbar from the rebound.

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India lose to Spain on penalties, finish sixth in FIH league R

OTTERDAM: The Indian hockey team finished sixth at the FIH World League after losing a tense play-off match on penalties to higherranked Spain.

Mandeep Singh and Akashdeep Singh were guilty of missing penalty shots in the shootout as India lost 2-4 after the two teams ended 2-2 in the regulation time. Roc Oliva netted the crucial final penalty after Quico Cortes brilliantly thwarted Mandeep's effort before Akashdeep mishit his charge.

Those two misses combined to allow Spain take full advantage and win the shootout. The Spaniards hit the front in the second minute when Oliva got on the end of Alex Casasayas simple pass for a tap-in as a flowing move eliminated the Indian defence one by one.

But the game was turned on its head when India netted twice within a minute. First, V R Raghunath whipped in a pass to the right post where Shivendra Singh got a great touch to ramp the ball high into the goal. And soon after Sandeep Singh ripped in a powerful cross from the right wing which Mandeep controlled at the back post and flicked home for a 2-1 lead.

From there on, the game got aggressive with numerous stoppages while Quico Cortes and P R Sreejesh made good saves just before the break.

The second half was equally tense but Spain dominated proceedings, winning four corners. However, they could convert none. Spain got equaliser in the 56th minute when Davd Alegre powered his way into the circle and unleashed a powerful backhand shot that deceived the impressive PR Sreejesh.

INDIAN NEED TO COMPETE AGAINST TOP TEAMS REGULARLY: OLTMANS If Indian hockey team is to improve, it must be exposed to some tough competition against top teams of the world on regular basis, Hockey India's high performance director Roelant Oltmans has suggested.

"India was playing against the best teams in this tournament. It was never going to be easy. Australia is second in world ranking while the Netherlands is 4th. Spain (7th) is 4 places above India in ranking. India do not get chances to play against top teams regularly. There is not much competitions against teams like Australia, The Netherlands or Germany. We must play against these teams on regular basis to bridge the gap in performance," Oltmans said.

RAIN INTERFERES WITH

Virat Kohli plays a shot off the bowling of England's Tim Bresnan during their ICC Champions Trophy Final at Edgbaston cricket ground, Birmingham.

THE BATTLE OF THE LORDS

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IRMINGHAM: Indian batting failed to deliver when it mattered the most as they were restricted to a modest 129 for seven by a disciplined England attack in a rain-curtailed final of the ICC Champions Trophy.

Couple of stoppages after the match finally started also didn't help India's cause. Barring in-form Shikhar Dhawan (31) and Virat Kohli (43, 34 balls, 4x4, 1x6), none of the other top-order batsmen made significant contribution after India were put into bat.

Kohli and Ravindra Jadeja (33 no)added 47 runs for the sixth wicket after India were reduced to 66 for five. Ravi Bopara's (3/20 in 4 overs) brilliant incisive spell in the middle overs proved to be invaluable for England's cause as the largely untested Indian middleorder couldn't stand up and be counted on the D-Day. Rohit Sharma (9) yet again baffled one and all as he played an irresponsible shot off a Broad delivery which came in after pitching. Rohit didn't have any footwork as he played across the line to get castled.

In-form Dhawan had no such worries as he started from where he had left against Sri Lanka in the semifinal. The first significant shot was a slash over backward point off Broad for a six.

on the left-hander who tried to make room to hoick it over cover but only managed to find Tredwell.

Dhawan's 31 came off 24 balls with two boundaries and a six but importantly he tried to attack the English bowlers despite interruptions.

The first 10 overs produced 59 runs at the expense of both openers.

AT THE TIME OF GOING TO THE PRESS...

BRIEF SCORES: India 129 for seven in 20 overs [Shikhar Dhawan 31, Virat Kohli 43, Ravi Bopara 3/20] vs England 46 for four in 8.4 overs [Jonathan Trott 20, Ravichandran Ashwin 2/6].

Ravi Bopara celebrates the wicket of Mahendra Singh Dhoni with teammates Eoin Morgan and Joe Root during their ICC Champions Trophy final in Birmingham.

[R] Openers Rohit Sharma and Shikhar Dhawan enter the ground as dark clouds loom large over the stadium.

The start-stop affair did hamper the proceedings and Dhawan hit a slog sweep off James Tredwell after the second rain interruption and followed with another deft reverse sweep to enter the 30's. However it was Bopara's gentle seam-up stuff that brought about an end to Dhawan's innings. The ball stopped

Srinivasan elected TNCA President for 12th straight time

C

HENNAI: N Srinivasan was elected unopposed as President of the Tamil Nadu Cricket Association (TNCA) for the 12th year on the trot.

In the 83rd Annual General Meeting and elections of the TNCA, Srinivasan, the President of the Indian Cricket Board, was elected unanimously, while Kasi Viswanathan was elected for the seventh year without break as Secretary of the association.

All the office bearers and members of the Executive

Committee have been unanimously elected for the year 2013-14, according to a press release issued by the TNCA. Apart from Srinivasan and Viswanathan, other persons who are elected for various other posts: Vice Presidents (City): Kalpathi S Aghoram, U Prabhakar Rao, S Raghavan, P S Raman; Vice Presidents (Districts): R Kanakarajan, V Ramesh; Jt Secretary: R I Palani; Assistant Secretary: R S Ramasaamy; Treasurer: V P Narasimhan;

Executive Committee (City): K Sriram, K A Shankar, G Dangi, P Anand, C G Anandaram, K Murali, Adam Sait, K Mohan, Keshav Sriraman; Executive Committee (Districts): T K Ramakrishnan, S Surendran, S K Palaniappan, N Prakash, S Sivakumar; Auditors: P B Vijayaraghavan & Company.

The President has invited S Ganesan and G Srinivasan as "Special Invitees" to serve on the Executive Committee of the TNCA for the year 2013-2014.

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| MONDAY, JUNE 24, 2013