Sakshi Malik confident of winning gold after....
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Kriti Sanon joins Akshay Kumar and Riteish Deshmukh starrer Housefull 4
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ENGLISH DAILY MORNING REPUTED NEWS PAPER, AHMEDABAD EDITION Editor : Kapilkumar M. Hirpara
Short News
HC to pronounce tomorrow order on Karti's bail plea
New Delhi: The Delhi High Court is expected to pronounce tomorrow its decision on the bail plea of Karti Chidambaram, son of senior Congress leader P Chidamabaram, in the INX Media corruption case. The order is likely to be delivered by Justice S P Garg who had reserved his verdict on March 16 after hearing arguments on behalf of Karti and the CBI which had opposed grant of the relief to him. The agency had contended that he should not be granted bail as he has already destroyed evidence in the case and was an "influential" person. Karti's counsel had argued that no case under the Prevention of Corruption Act was made out against him since the Central Bureau of Investigation (CBI) had neither questioned any public servant, nor made them an accused in the matter. Karti's lawyers had denied allegations of tampering with evidence and added that when the CBI had not sought his further custodial interrogation, why should he be kept in judicial custody.
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BrahMos, Supersonic Cruise Missile, Successfully Flight Tested From Pokhran
March 23, 2018, Friday
Mo : 98250 98053
Mohammed Shami, Facing Assault Charge, Cleared Of Match-Fixing Allegations By BCCI
for his franchise the Delhi Daredevils, starting April 7. The BCCI had decided to withhold Shami's contract after Jahan made a series of allegations, including adultery and domestic violence, and lodged a police complaint against him. Shami has denied all the allegations. The Committee of Administrators (CoA) specifically asked its ACU chief Neeraj Kumar to investigate the charges that the bowler accepted money from one Mohammed
Bhai through a Pakistani woman named Alishba. "Mr Neeraj Kumar has submitted his confidential report to the CoA. Based on the conclusions in the said report, the CoA is of the view that no further actions/proceedings under the BCCI anti-corruption code are warranted in the matter. "For this reason, the BCCI shall proceed with offering a Grade B' annual retainership contract to Mohd. Shami," the release further stated. Earlier, Shami had blamed "a third party" for the allegations of domestic violence and extra-marital affairs hurled against him by his wife. Shami said this was not a work of Hasin and someone was involved, maybe due to greed of money. Jahan had posted screenshots of Shami's alleged WhatsApp and Facebook Messenger conversations with multiple women on her Facebook account. She also uploaded photos.
New Delhi : Election of members for 58 Rajya Sabha seats and a byelection seat will be held on Friday, across 16 states. The polling will take place in Andhra Pradesh, Bihar, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Telangana and Uttar Pradesh, among others. Uttar Pradesh, where ruling party BJP won with a sweeping majority in the 2017 Assembly polls, will be electing the largest number of Rajya Sabha Members of Parliament (MPs) in this round — 10. The polling will take place between 9 am and 4 pm on Friday in the respective State Assemblies. The date of election was announced by the Election Commission on February 23. The Rajya
Sabha is the also called the upper house of the Parliament and is similar to the ‘House of Lords’ of the United Kingdom Parliament. The present strength of members in the Rajya Sabha is 245, out of which 233 are elected and 12 are nominated. According to the Constitution, the total members in the chamber cannot exceed 250 at any given point of time. The nominated members are elected by the President. The nominated members are people having expertise in respect of matters such as art, literature, science and social service. Besides MPs already elected to the Lok Sabha, the lower house of the Parliament, seats are allocated to India’s States and Union Territories.
articles being circulated in the media today, wherein it is being alleged that I had posted a tweet which was derogatory and insulting to the late Dr. B.R. Ambedkar. I would like to take this opportunity to clarify that no such tweet and/or statement, whether on twitter or any other form of media, has been issued by me. The tweet in question was posted by a fake account using my name and display image.
I use only my verified twitter handle to make official communications via twitter and the said tweet was posted by a spurious account, pretending to be me. I have the utmost respect for Dr. B.R. Ambedkar, the Indian Constitution and the many communities that call India their home and I would not indulge in making any kind of statement which is derogatory and/or which insults the sentiments of any community. I use social media to interact with my fans and I believe that in this age of social media one must be vigilant of misinformation and act responsibly.
☛ The BrahMos was inducted into the Navy and Army in 2006. It can fly at 2.8 times the speed of sound, is the fastest cruise missile of its class New Delhi: The BrahMos supersonic cruise missile was successfully flight tested from Rajasthan's Pokhran test range this morning. Defence Minister Nirmala Sitharaman tweeted to say "The precision strike weapon with Indian-made seeker flew in its designated trajectory and hit the target with pin-point accuracy." The test took place at 8:42 AM, Ms Sitharama said, congratulating the Defence Research and Development Organisation for the successful flight. "The successful test will further bolster our national security," she added. The missile flies almost three times the speed of sound at Mach 2.8 and has a range of 290 km. The range of the BrahMos missile, an IndoRussia joint venture, can be extended up to 400 km as certain technical restrictions were lifted after India became a full member of the Missile Technology Control Regime or MTCR in 2016. Work is underway to integrate the BrahMos supersonic cruise missile on 40 Sukhoi combat aircraft which is expected to fulfil critical needs of the Indian Air Force in the
$210 billion bad loans: Narendra Modi government may soon ease bankruptcy deadline for defaulters
New Delhi: India may allow more time for the restructuring plans of defaulting companies to be approved, according to people with knowledge of the matter, as a slew of lawsuits from owners, lenders and bidders slows the insolvency process and tests a new bankruptcy law. The rules mandate that a bad-loan resolution plan must be agreed upon within 270 days, failing which they require liquidation of the company’s assets. A panel set up to recommend ways to ease implementation of the law is proposing that the timeline be eased on a case-by-case basis at the discretion of the National Company Law Tribunal, the people said, asking not to be identified as they are not authorized to speak publicly. India’s fledgling insolvency process has come under increased scrutiny after the central bank last year ordered 12 of the largest debtors to go through bankruptcy tribunals and then, in February, whittled down bad-debt resolution
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methods to one: if banks can’t fix a sour loan in 180 days, it will be referred to the court. The nation is struggling to unwind about $210 billion of soured loans that have weighed on lending growth and investment. But as the first few attractive assets wend their way through proceedings, the decisions of court-appointed resolution professionals and creditors have increasingly being challenged. Reducing the share of creditors required to approve insolvency resolution plans to 66% from 75% Home buyers, who are at risk of being left without a home after developers go into bankruptcy proceedings, may be made part of the committee of creditors Suggestion was also made to add a provision allowing assets of companies in bankruptcy proceedings to be sold in parts May allow promoters of micro, small and mediumsized companies some relaxations that will allow them to bid for assets in bankruptcy proceedings.
The Brahmos missile travels at 2.8 times the speed of
wake of evolving security dynamics in the region. The BrahMos has been inducted into the Navy and Army from 2006 onwards, but this version is more versatile because unlike warships, which are slowmovers, a fast-moving Sukhoi-30 fighter can travel at least 1,500 km towards a target before the missile itself is fired. The missile then flies another 400 km to take out a target. The combination of the Su30 and BrahMos means that the Indian Air Force can deliver a knock-out punch in minutes, far quicker than a
sound
warship which may need to sail in the direction of a target out at sea. The BrahMos missile has been jointly developed with Russia and is named for the rivers Brahmaputra and Moskva.
The air-launched variant of the BrahMos, the world's fastest supersonic cruise missile, was successfully test fired from a Sukhoi-30 combat jet on November 22, marking a major milestone to enhance the precision strike capability of the air force. The fleet of 40 Sukhoi jets will undergo structural modifications at the state-run aerospace major Hindustan Aeronautics Ltd or HAL for integration of the missile on them. BrahMos missile is the heaviest weapon to be deployed on India's Su30 fighter aircraft. Once the project to integrate the weapon on the combat fleet was over,
GNS Ag / New Delhi: The Board of Control for Cricket in India (BCCI) on Thursday cleared India speedster Mohammed Shami's central contract after its AntiCorruption Unit (ACU) cleared him of corruption charges levelled by his wife Hasin Jahan. "The Hon'ble Supreme Court of India appointed Committee of Administrators (CoA) had requested Mr Neeraj Kumar, former Police Commissioner of Delhi and Head of BCCI Anti-Corruption Unit, to investigate the allegations against Mohd. Shami in so far as they pertain to the provisions of the BCCI Anti-Corruption Code," COA stated in a media release. Shami has been given a Grade 'B' annual contract, which will make him richer by Rs 3 crore. He will also be free to play in the Indian Premier League
Govt paves way for tax-free gratuity of up to Rs20 Lakh New Delhi : Lok Sabha passed The Payment of Gratuity Bill 2017 Thursday which was introduced in the lower house by the Minister of Labour and Employment Santosh Kumar Gangwar on December 18, 2017. The Bill seeks to empower the government to fix the period of maternity leave and the tax-free gratuity amount with an executive order. Introduced in 1972, the Act was enacted to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, shops and other
establishments. Employees who have rendered a minimum five years of continuous service with the establishment employing ten or more persons fall under the Act. The 2017 bill seeks to amend the Act on two issues. First, it empowers the government to notify the period of maternity leave eligible for qualifying as continuous service and determine the amount of gratuity available to employees. Under the Act, the maximum maternity leave (Section 2A) was based on the maternity leave stated under the Maternity Benefit Act, 1961. After
the amendment of the Maternity Act in 2017, the maximum maternity leave under the Maternity Act was changed from 12 weeks to 26 weeks. The present bill sought to remove the reference of 12 weeks in the Act and empowers the government to notify the maximum maternity leave. Secondly, the Act had introduced a ceiling of Rs. 10 lakh on the maximum
amount of gratuity payable to an employee through an amendment in 2010. The provision was based on the Central Civil Services (Pension) Rules, 1972 enacted for government employees. After the implementation of the 7th Central Pay Commission, the ceiling gratuity for Central Government employees has been enhanced from Rs. 10 lakh to Rs. 20 lakh.
said the whole object of Aadhaar was not to deny benefit, subsidy or service to any one for lack of authentication of Aadhaar. He said 'exception handling mechanism' has been provided in the law to ensure that even if there is failure of authentication of finger print details, there are other means like facial print or by means of 'one time pin' (OTP) through mobile phone. He said this kind of exercise of providing identity cards has never been attempted anywhere by the mankind and so far more than 1.2 billion citizens have Aadhaar.
New Delhi: Cricketer Hardik Pandya is in trouble over a tweet on B R Ambedkar, the principal architect of the constitution, which was posted from a parody account. A court in Rajasthan's Jodhpur has directed the police to file a First Investigation Report against the cricketer, but a copy of the complaint shows that the comment was never posted from his verified Twitter handle. While Hardik Pandya's twitter handle is @hardikpandya7, the court order is based on a complaint that refers to the handle @sirhardik3777. There have been multiple misleading reports and
Will take more than age of universe to hack data: Aadhaar chief to SC
GNS Ag / New Delhi: Probably for the first time in the annals of the Supreme Court, it allowed the CEO of the Unique Identification Authority of India (UIDAI) to make a Power Point presentation on various aspects of Aadhaar scheme, for which the government has already spent Rs. 9,000 crore Making the presentation for 80 minutes before a five-judge Bench of Chief Justice Dipak Misra and Justices AK Sikri, AM Kanwilkar, DY Chandrachud and Ashok Bhushan, the CEO, Dr Ajay Bhushan Pandey, allayed the apprehensions
with regard to leakage of data and security breach. He said the data is encrypted and secured in the depository, which is not connected with Internet, and there was no possibility of leakage or security breach. On the query for a mechanism to prevent financial exclusion and denial of benefits to even one person for lack of Aadhaar, the CEO
Rajya Sabha elections on Today, 58 MPs be elected?
Hardik Pandya's Statement On Controversial B R Ambedkar Tweet From His Parody Account
2 / Dt. 23/03/2018, Friday, Ahmedabad Edition Editors’ Picks friday, 23 march, 2018
The risk of sovereign-bank feedback loop
Sunvilla Samachar (English Daily)
Bollywood-Hollywood Kriti Sanon joins Akshay Kumar and Riteish Deshmukh starrer Housefull 4
As the Indian economy navigates through the consequences of the banking crisis, evident in the mounting pile of bad loans and severe governance issues in public sector banks (PSBs), one macroeconomic issue that needs increased attention is the risk arising out of the feedback loop between the country’s banks and the sovereign. Simply put, a crisis in the banking system puts pressure on the sovereign in the form of higher fiscal costs resulting from bank bailouts. This fiscal pressure leads to rising interest rates, which cause significant losses to banks that hold a large amount of treasuries. High interest rates also make it harder for borrowers to repay their debt, resulting in increased bad loans. As the balance sheets of banks deteriorate and their losses mount as a consequence of higher provisioning, the sovereign is once again faced with the spectre of containing bank risk at the cost of higher fiscal slippage. This vicious feedback loop between the sovereign and banks could potentially destabilize the economy and cripple any honest policy efforts made towards improving economic growth. One factor that could exacerbate this feedback loop is weakening public finances and higher borrowing. Union finance minister Arun Jaitley had recently revised the fiscal deficit target for 2017-18 to 3.5% of gross domestic product (GDP) from the original 3.2%, owing to higher public expenditure. By February end, the fiscal deficit had already risen by 113.7% of the full-year target to touch Rs6.77 trillion. India’s state budgets are also expected to weaken significantly owing to massive loan waivers, which, according to a Bank of America Merrill Lynch report, could rise to the tune of 2% of GDP before next year’s general election. This being a pre-election year, the possibility of the government rolling out populist measures too cannot be ruled out. The resulting fiscal slippages would have to be compensated through greater public borrowing, which would lead to higher interest rates. In December last year, when the government announced an additional borrowing of Rs50,000 crore to fund its fiscal deficit owing to poor goods and services tax (GST) collection, the bond yields rose by 17.70 basis points in a single day as investors feared fiscal slippage. About 20 days later, when the government reduced this borrowing plan to Rs20,000 crore, the bond yields responded by falling 16.6 basis points. Yet, in recent quarters, the benchmark 10-year government bond yield has risen sharply, touching a high of 7.78% this month. This has happened despite the Reserve Bank of India (RBI) maintaining a neutral policy stance in recent months. Since reducing the policy repo rate by 25 basis points in August, the monetary policy committee has kept it unchanged at 6%. The widening gap between the central bank’s policy rate and the benchmark bond yield is partly indicative of increased sovereign risk, reflected in fragile public finances. A 2015 working paper by Aitor Erce, the principal economist of the European Stability Mechanism, discussed the linkages between sovereign risk and bank risk in the euro area. It found that in countries where the public debt is large and where the banks have disproportionately large exposures to government debt, the sovereign risk tends to spill over to the banking system. This is because in the event that the sovereign defaults, the banks holding large proportions of government debt would signif- - Kapilkumar M. Hirpara icantly lose market value. Editor
Mumbai : Bareily Ki Barfi actor Kriti Sanon, who made her dream debut with Sajid Nadiadwala’s Heropanti opposite Tiger Shorff, is all set to reunite with her mentor for Housefull 4. After several speculations regarding the female leads of the multi starrer, Kriti Sanon has been finalised as one of the leading ladies. While Akshay Kumar and Ritiesh Deshmukh will
reprise their roles in the fourth installment of the comedy series, another fresh face to join the crazy squad of Housefull team is Race 3 actor Bobby Deol. Kriti Sanon will, reportedly, be paired opposite Akshay Kumar in Housefull 4. While talking about the film, Kriti said, “Joining the cast of Housefull 4 is like coming back home. My journey started with Sajid sir in Heropanti. Since then, he has always been there for me and has guided me. I can’t wait to work with him again and that too,
in the super-successful Housefull franchise!” Housefull 4 which is touted as a reincarnation drama will be mounted on a huge budget and set in two eras. Reports of Parineeti Chopra joining the cast of the film are also making the rounds. However, the remaining cast of the film has not yet been confirmed by the makers. Just like the last two installments of the series, Housefull 4 will be helmed by Sajid Khan. The film is expected to make its way to the cinema halls on Diwali 2019.
Urmila Matondkar disappoints in Blackmail song Bewafa Beauty
Mumbai : Urmila Matondkar, the actor who won hearts with her ace acting and dancing skills in the 90s, is back on the silver screen and how. The “Chamma Chamma” girl turns to a “Bewafa Beauty” in the new Blackmail song which goes by the same name. But this typical Bollywood item number fails to live up to the benchmark the yesteryear actress had set for herself. While “Bewafa Beauty” is sung by Pawni Pandey and composed by Amit Trivedi, it has been penned by Amitabh Bhattacharya. The visuals follow Urmila dancing in a shady bar and there is something about her expression that makes us realize that she is as uncomfortable donning this avatar as the viewers are. The unscrupulous lyrics and crass setting just don’t gel with our “Aa Hi Jaiye” girl. Abhinay Deo directorial Blackmail witnesses the comeback of Urmila after a decade. The last we saw her spilling magic in the movie theatres was when she did a special dance number “Mehbooba Mehbooba” in Ram Gopal Varma’s Aag. Deo also shared how he didn’t want a “come-and-go” item number in the film, rather a song that adds meaning to the film. He said,”Initially, there was no song in the film. But when we were discussing the film creatively, Bhushan, being T-Series and having a keen ear for music, felt that
there should definitely be a lip-sync song. I already had an idea of including a song which could take the story ahead. I did not want an item number that comes and goes. We knew that the song should be able to say something in the film. By its name, ‘Bewafa Beauty’ states that it is about a beauty who is unfaithful, which is the premise of the film — a man whose wife is cheating on him.” Deo also revealed how he aimed to revive the memory of similar songs from the past with Matondkar. He explained, “Firstly, Urmila is a massive star, she is not an item girl. We were not looking for an item girl for this song. We wanted a performer, someone who has tremendous value as a star in the audience’s mind. We also wanted someone who has not come in front of the silver screen for a while now. From all the names we came up with, I personally believe that the biggest and best name is Urmila. She fit the bill perfectly, is gorgeous, and is an incredible dancer — a perfect match for the song and film.” The look of the actor for the song was shared by the makers in a series of tweets earlier.
Justin Bieber enjoys Selena Gomez' absence, spends time with beauty queen-turned-model
Hichki movie review: Rani Mukerji-starrer is exciting
Mira Rajput reveals reason behind throwing Shahid Kapoor out of house Mumbai : Rani Mukerji has come back to the big screen after a gap of four years with the movie Hichki. While the film is slated to release in India on March 23, Hichki has hit the theatres in some other parts of the globe on a day before. The celebs were overwhelmed with Rani's performance in Hichki. The audience seems to be liking the movie as well. Many of her fans have been excited to watch the movie but only some lucky ones got the chance to watch the film on Thursday itself. The actress, who plays the character of a teacher suffering from Tourette Syndrome, has yet again impressed her fans with her stellar performance. Some limited number of people who have already watched the film are praising both Rani and
director Sidharth P Malhotra for making this beautiful movie. However, there are a few who found the movie too ordinary. Meanwhile, Rani's fans in India have already booked tickets for the film, and are extremely excited to see their favourite actress on the big screen after so long. There are a number of tweets where people shared pictures of their movie tickets. In the movie, Rani's character faces a lot of humiliation, both from her students and the school authorities. However, how she manages to overcome all these hurdles and moves toward her goal forms the crux of the story. Apart from Rani, the film also features Harsh Mayar, Sachin Pilgaonkar, Supriya Pilgaonkar, Kunal Shinde among others.
Mumbai : In an interview with Neha Dhupia, Mira Rajput made startling revelation that she had once thrown Shahid Kapoor out of their house during the shooting of movie Padmawatt. The candid Mira told Dhupia that Shahid used to arrive home at 8 in the morning and wake up at 2 in the afternoon. “"He (Shahid) would come home at 8 in the morning and wake up at 2 in the afternoon. I completely get that he needs silence during those hours because it has been a tough night, but Misha (their one-yearold daughter) is at her best at that point — wide awake and playful. Shahid wouldn’t say anything but I know it’s going to tire him and I know I can’t put too many restrictions on her either. That was getting to me at a point... and that’s when I
told him that I can’t take this anymore.", the caring wife told Dhupia. Mira stated that she advised Shahid Kapoor to stay in hotel
during the course of Sanjay Leela Bhansali s magnum opus Padmaavat, which also starred Deepika Padukone and Ranveer Singh.
New Delhi : Justin Bieber, who turned 24 earlier this month, was seen having a good time with model Baskin Champion on Wednesday while his on-and-off girlfriend Selena Gomez was in Sydney, Australia. The Boyfriend singer and Baskin Champion, 22, were seen together at Craig David's concert in Los Angeles earlier this week, raising some eyebrows. Reports have claimed that the duo exited the concert venue together and left in the same car for Justin's house. "Justin has been hanging out with Baskin," a source told E! News. "Justin had friends with him but they all left and Justin and Baskin were alone together for the night." Bieber was also seen with Baskin at the premiere of Midnight Sun last week to support his friend Patrick Schwarzenegger, who plays one of the lead roles along with Bella Thorne in the movie. Interestingly, Patrick is currently dating Baskin's sister Abby Champion, who is a model. Baskin is a model who featured in Sports Illustrated Swimsuit Rookie. She was also crowned
M i s s Alabama Teen USA in 2014. Bieber's outing with Baskin came a few weeks after reports claimed that the singer and Selena Gomez have split again after rekindling their relationship recently. Selena Gomez, 25, is currently in Sydney, Australia, for the Hillsong Color Conference which will conclude Saturday, March 23. She too seems to be having fun with her friends away from home.
3 / Dt. 23/03/2018, Friday, Ahmedabad Edition
Sunvilla Samachar (English Daily)
Commonwealth Games 2018: Sakshi Malik confident of winning gold after making tweaks in defensive technique
GNS Ag / New Delhi: A new defensive technique added to her repertoire, Olympic bronze-medallist Sakshi Malik is confident that she would fetch her first Commonwealth Games gold medal when she takes the mat in Gold Coast next month. The Rio bronzewinner has tweaked her leg defence on the insistence of her coach Kuldeep Singh Malik, something that has already got her a gold in the Commonwealth Championships in December last year. Sakshi, however, refused to go into the details of the new technique that she has worked on. "I can't give the details of the techniques. But as I said, I'm looking for a gold medal and more confident now." In February this year, a controversial decision in the qualification bout against eventual silver-
medallist Luo Xiaojuan of China cost Sakshi a place in the final of the Asian Championship in Bishkek, Kyrgyzstan. "Life has changed completely (post-Rio). There's more responsibility on me now — to win more and more medals for India. I hope CWG is the beginning, ahead of the Asian Games in Indonesia later this year and Tokyo Olympics 2020." "The target is to win a gold medal for the country in Australia. The preparations are going great and I'm giving my 100 percent, training twice a day," Sakshi told PTI from SAI Centre in Lucknow. According to her coach Kuldeep Singh Malik, her leg defence has improved and that will help her hold and attack. "It's a work in progress till we achieve 100 percent. It certainly
makes a difference not only in defence but in the speed," the coach said. Apart from training, Sakshi's preparations include watching videos of her possible opponents from Canada and Nigeria. "Canada and Nigeria will be the strong opponents. I'm preparing myself by watching their videos, the
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techniques.," she said. The wrestler, who competes for Mumbai Maharathi as captain in the Pro Wrestling League, said the experience has been very helpful. "There's scope to learn something when we fight against or train with big names from foreign countries. I have improved a lot in my techniques
and style due to PWL," the 25-year-old said. Four years ago at the 2014 Commonwealth Games in Glasgow, Sakshi, who was competing at the women's 58kg then, failed to give any challenge to Aminat Adeniyi. The Nigerian took a lead of 10-0 in two minutes 24 seconds when the match had to be stopped on grounds of technical superiority. But after her historic Rio performance, Sakshi will head to Gold Coast as a strong medal hope. "Everyone expects a gold from me. I will give my best and hope to upgrade my (last edition's) Commonwealth silver into a gold this time. "The Olympic medal gives me a lot of inspiration and my confidence has grown after that. After getting the medal, I am able to understand wrestling more.
Fixed Deposit (FD) Interest Rates Of SBI, ICICI Bank, HDFC Bank, Axis Bank
Nifty50 forms a bearish candle; 10,200 crucial for bulls to gain momentum
Mumbai: It was a volatile day for Indian markets despite starting on a positive note. The Nifty index reclaimed 10,200 but profit booking at higher levels pushed the Nifty below 200-DMA for the third consecutive day in a row and made a bearish candle on Thursday. Broader markets continue to underperform: the S&P BSE Smallcap index closed 1 percent lower while the S&P BSE Midcap index ended 0.7 percent down. The Nifty50 witnessed profit booking decline soon after it reclaimed 10200. The index has crucial support around 200-DEMA but one thing is clear that the current market structure closely resembles sell on rallies kind of markets. The index witnessed selling pressure in three out of four days when the index rose above 10200 levels. Hence, for bulls to regain control, 10,200 is crucial for the bulls, suggest experts. The Nifty index which opened at 10105 rose to an intraday high of 10207 before bears mauled the D-Street. The index slipped to an intraday low of 10105. The index
closed 40 points lower at 10,114. “It is looking like a day of consolidation on the bourses as Nifty50 moved in a one percent range in both the directions before signing off the day with an indecisive formation a bearish candle which closely resembles a Spinning Top for the second session in a row,” Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia. in told Moneycontrol. “However, bears at this juncture, appears to have lost momentum as selling pressure on the downside is remaining tepid as Nifty50 appears to be drawing support from its 200-Day
Railways offers solution worth Rs 492-crore for Bengaluru traffic woes
New Delhi: In what is likely to brighten the face of many Bengaluru residents, the Indian railways has now sanctioned a Rs 492.87-crore project to ease traffic congestion in the IT city. According to a tweet from the Union Rail Minister, Piyush Goyal, the Railways has given its nod to a quadrupling project with a provision of two additional lines from Bengaluru Cant to Whitefield at a cost of Rs 492.87 crore. The 25-km stretch will involve six most important stations--Bengaluru Cantonment, Bengaluru East, Baiyyapannahalli, Krishnarajapuram, Hoodi and Whitefield. The project is likely to benefit 62,000 daily commuters in this section as it will make commuting
between these stations easy and faster. The project will be completed within two to three years. It will be a boon for those belonging to the IT hub of Whitefield, a statement issued by the Railway Ministry said. At present, 146 and 94 trains operate from Bengaluru and Yesvantpur stations, respectively, out of which 122 are of suburban nature catering to commuters. A major chunk of the suburban trains is running in Bengaluru-Whitefield section. In view of increasing commuter requirement, in last one-and-a-half year itself, 26 suburban services have been introduced along with seven longdistance trains in Bengaluru area, the statement said.
Exponential Moving Average for last 4 trading sessions as it is successfully defending this level,” he said. Mohammad further added that technical picture on momentum oscillators is slowly tilting in favour of bulls though a stronger confirmation in this regard shall come only on a close above 10200 levels. For any reason, if weakness persists in next session below 10100 levels then it may initially lead to a retest of recent lows “The intensity of selling pressure shall get accelerated on a close below 10049 levels which may open up more downsides for the index. Hence, at this juncture it looks prudent for traders to remain sidelines.
New Delhi: Axis Bank was down 0.45% to Rs 523 at 9:19 IST on BSE after the bank issued a clarification to media reports referring to a bank guarantee issued by the bank to certain telecom companies. The announcement was made after market hours yesterday, 21 March 2018 Meanwhile, the S&P BSE Sensex was down 11.74 points or 0.04% at 33,124.44. On the BSE, 13,000 shares were traded on the counter so far as against the average daily volumes of 4.24 lakh shares in the past one quarter. The stock had hit a high of Rs 524.90 and a low of Rs 521.70 so far during the day. The stock had hit a 52-week high of Rs 627.50 on 23 January 2018 and a 52-week low of Rs 447.80 on 23 October 2017. The large-cap bank has equity capital of Rs 513.26 crore. Face value per share is Rs 2. Axis Bank said that
the bank guarantee has been issued by the bank on behalf of Bharti Airtel. Telecom Disputes Settlement and Appellate Tribunal (TDSAT), vide its order dated 9 January 2018 has required the bank guarantee to be returned. Axis Bank has been informed that the TDSAT order is operative. The bank is seeking clarification from TDSAT on the matter, and will comply with all directions. Axis Bank clarified that the bank has non-fund based exposure of Rs 9222 crore to the telecom sector as of 31 December 2017, of which approximately 97% is to clients rated AA or better. The bank also informed that it has no exposure to Aircel. Axis Bank's net profit rose 25.3% to Rs 726.44 crore on 1.3% decline in total income to Rs 14314.63 crore in Q3 December 2017 over Q3 December 2016.
State Bank of India (SBI) Loses 41.16 Lakh Savings Account Customers In Fiscal 2017
Mumbai: State Bank of India (SBI) has closed as many as 41.16 lakh savings accounts between April-January in the current fiscal year for not maintaining the average monthly balance, reveals an RTI query. Last April, the nation's largest lender had re-introduced the penal charges on non-maintenance of average monthly balance after a gap of five years. Later in October, it had revised down the charges to some extent. However, SBI had later clarified that the accounts were closed at the behest of customers and the state lender didn't close the accounts for want of minimum balance. "Due to provisions of penalty on non-maintenance of minimum balance, the bank has closed 41.16 lakh savings bank accounts between April 1, 2017 and January 31, 2018," the bank replied to an RTI query filed by Chandra Shekhar Gaud from Neemuch in Madhya Pradesh. Even though the reply was furnished by the state-run lender on February 28, 2018, the bank on Tuesday steeply reduced
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I have found two sides to Virat Kohli as a captain, reveals Daniel Vettori GNS Ag / New Delhi: Virat Kohli’s journey to the top of the tree among batsmen across the world has been witnessed at close quarters by Royal Challengers Bangalore coach Daniel Vettori. Vettori joined the RCB camp in 2011 when Kohli was taking slow steps towards greatness. Impressed by what he has seen so far, the Kiwi spinner also revealed that he has found two sides of Kohli as a captain – one which has the passion to win at all costs and the other off the field – where he is receptive to information. Stating that Kohli has set the benchmark for others to follow, Vettori maintained that it is virtually impossible to appreciate the magnitude of his role. Speaking to Wisden India, the former New Zealand spinner said, “The thing I have found with Virat in particular as a captain – and obviously there’s two sides to it… There is the passion – to do whatever he can to win on game day on the field.
He is very keen to win on the field on game day. And then off the field, he is very receptive to information, he is very receptive to listening and wanting to learn. He wants to get better as well as having his own thoughts on everything that is going on in the game of cricket. None of us can really appreciate the magnitude of his role and the pressure that is on him and how exhausting some of the schedule is. But he manages it better than anyone I have ever seen.” “There is a passion for cricket. If you sit down with Virat, you are talking cricket most of the time. He loves the game and
that’s the thing that keeps the passion going. Also, his personal success and his team’s success. But if you have an innate love for the game, it gets you through everything. I think that’s the point where he is at. He obviously wants to be the best in the world, he’s got the talent to do it but he has backed it up with intensity and also the desire to keep improving. That comes from a genuine love of the game. “The main thing is that they are all trying it (the Kohli way), seeing if it works for them,” he pointed out. “That’s professional sports across the world.
SS News : Ahmedabad: Most women in India share heavier and more exhausting responsibilities than menand in the process often ignore their own health. Nutritional profiles among people living in various parts of India reveal a striking difference between ideal nutrient consumption and actual uptake among Indian women. Data suggests that women consume diets particularly low in protein, consuming approximately 13% less protein than men. This disparity is more pronounced in the NorthEastern states followed by states in North India. “Protein is an important macro-nutrient and forms the building blocks of all body cells. Of the 20 amino acids that make up protein, 9 are essential which need to be obtained through diet. Since excess proteins cannot be stored in the body, unlike fats and carbohydrates, meeting the daily protein requirements is all the more essential,” says Jigna Sheth, a well-known Dietician
from Mumbai. As per the Indian Council of Medical Research (ICMR), for healthy living, adult females require 1 gram protein per kilogram of body weight every day. This requirement is higher among pregnant and lactating women. Apart from being the major component of the body, proteins perform multiple and varied functions. Dietary protein supplies the building blocks of muscle tissue. It also supplies the materials needed for neurotransmitters and hormones.Overall, all the body tissues need proteins for working, repairing themselves, and for proper functioning. Jigna Sheth says, “The role of proteins is especially important in women’s health as it promotes bone health and also boosts the immune system, in addition to providing other health benefits. Protein lacking diets are therefore a major health concern”. Both animal food sources and plant sources can provide dietary proteins. Protein
rich foods include milk, cheese, whole grains, pulses, mutton, chicken, fish and egg.However, a downside of consuming animal protein is that there is a greater chance of getting overweight because of the high fat and cholesterol content. On the other hand, a combination of plant proteins provides all the essential amino acids with the added benefit of fibre and phytonutrients. Meeting the daily protein requirements can be a challenging task for women. By using a protein supplement in addition to regular balanced meals, women can plug this protein gap. Since most women are weight conscious these days, opting for a plant based protein supplementis a good option for them. Consumption of healthy diet is the foundation of good health, and for a woman keeping herself healthy should be her foremost responsibility. So, this Women’s Day take a pledge to strengthen your body with protein powered meals.
GNS Ag / New Delhi: Indian shooter Elavenil Valarivan shattered the qualification world record before claiming the gold medal in 10m women's air rifle event of the season's first junior ISSF World Cup on Thursday. Besides her individual podium finish, Elavenil also combined with Shreya Agrawal and Zeena Khitta to claim the team gold medal. Arjun Babuta bagged his second junior world cup medal, claiming a bronze in men's 10m air rifle event. The 18-yearold Elavenil, competing in her second World Cup and first final, shot 249.8 in the women's final to claim the top individual honours. Her 631.4 in the qualification was a new world record. After a 9.6, Elavenil sealed
the win with a high 10.7 in the crucial 24th shot, getting the better of Chinese Taipei's Lin Ying-Shin. "I am really glad with my performance here in Sydney. I have been shooting really well and I knew the way I have been performing over the past few months, a victory of this magnitude was around the corner," the youngster said after her triumph. Elavenil trains at Olympic
medalist Gagan Narang's Gun For Glory academy. "I would like to dedicate this win to my parents and thank Gagan Sir and my coaches at GFG who have been working continuously behind me to make a shooter capable of winning titles at the world stage, she added. Elavenil had also won a bronze medal at the FISU World Shooting Sport Championship last week.
Majority of Indian women consume protein deficit diets which are associated with a plethora of health problems – Jigna Sheth
India's Elavenil Valarivan Wins 10m Air Rifle Gold In Junior ISSF World Cup
the penal charges on not maintaining the minimum balance The reply was to a specific query on the number of accounts being closed after introduction of charges on non- maintenance of minimum balance from April 1, 2017. State Bank of India has 41 crore savings bank accounts. Of that, 16 crore are under the Pradhan Mantri Jan Dhan Yojana/ basic savings bank deposit (BSBD) and of pensioner, minors, social security benefit holders which are all exempted from the penalty for not maintaining the minimum balance. Between April and November 2017, the bank had netted a windfall of Rs. 1,771.67 crore, more than its second quarter profit,
from customers for nonmaintenance of minimum balance, according to the finance ministry data. On Tuesday, the lender reduced its charges for nonmaintenance of average monthly balance (AMB) by up to 75 per cent. The bank has reduced the penal charges for nonmaintenance of AMB in the metros and urban centres from a maximum of Rs. 50 per month plus taxes at 18 per cent to Rs. 15 a month and taxes. For urban and metro customers average monthly balance is of Rs. 3,000 per month. For semiurban and rural centres, the charges have been reduced from Rs. 40 to Rs. 12, and Rs. 10 per, respectively.
4 / Dt. 23/03/2018, Friday, Ahmedabad Edition
Sunvilla Samachar (English Daily)
Opple attends Light & Building fair 2018 Ahmedabad: OPPLE Lighting, a key player in the lighting and innovation sector has once again gone to attend the world’s largest lighting fair “Light & Building” in Frankfurt, Germany. Opple will be proudly presenting
developments in the field of “Smart Lighting”, Street- and Sport Lighting and many more new lighting solutions. OPPLE Lighting is ready to take the next step to get more innovations into the smart lighting sector. The
brand is starting a theme, “Connect @ OPPLE” which will be displayed at their stand at the fair, taking key stakeholders and consumers through the latest innovations in the field of lighting. Mr. Rambo Zhang, Country
head, Opple Lighting said, “It is a great pleasure being a part of such a big platform, where Opple is presenting its latest innovations in the field of Smart Lighting. With the economy growing rapidly, Opple creates an
entire range of luminaries that bring out the best for all kinds of consumers.” Opple Lighting is an Innovative, fast growing, Integrated Lighting Solutions Company. With sales & service operations in more than 50 countries
around the world, Opple is known for its strong commitment to R&D and Innovation. Opple Lighting was founded in 1996 as home lighting company specializing in the manufacture of CFL and ceiling lights.
CM calls upon for progressive state through the idea of Reduce-Recharge-Reuse-Recycle use of water
Ahmedabad: Gujarat Chief Minister Mr. Vijay Rupani today expressed his feelings to build progressive state through the idea of Reduce-Recharge-ReuseRecycle use of water. To mark the celebration of World Water Day Gujarat Chief Minister Mr. Vijay Rupani inaugurated the state level celebration function in Gandhinagar. With a view to save water and rationalize the usage of water Mr. Rupani launched ‘Dual Flush System.’ On the occasion he awarded cash rewards of worth Rs.01 Crore 16 lakh for repairs and maintenance
works to approx 150 rural water committees and also awarded cash rewards of worth Rs. 14 lakh 50 thousand to under the scheme of running 100% women water committees to promote Chief Minister Women Water Committee. Giving a call of save water to save life Mr. Rupani said that 70% of the water available in the world is sea’s salt water. Clean and drinkable water is limited and it will not be produced in any laboratory or can be processed In this context, he explained the need of public support for the government's efforts to bring prudent
use of water, rainwater harvesting and ground water upstream. Mr. Rupani said that “Pani Parmeshvarno Prashad che” (water is a gift of god) as he requested people for the minimum usage of water. He said that 80% people of the state receive tap water at their door steps. He expressed his faith that moving forward in the direction to make Gujarat 100% hand pumpfree. Mr. Rupani also gave idea about the government's ideas for establishing the first desalination plant to make salty water drinkable. He also gave a role to the state government to make
a strong commitment to provide adequate drinking water of Narmada till July 31 in the state. Mr. Rupani while launching the campaign Dual Flush System welcomed the sanitary production contributor’s, 3 liters of water will be used instead of 15 liters of water through this system. Minister of State for Irrigation and Water Supply Mr. Parbatbhai Patel said that, water is essential source of life. The number of population increases the use of water increases. He requested all to make minimum use of water and to save it. Additional
Chief Secretary to ForestEnvironment Department Mr. Arvind Agrawal greeted the people on world water day and said that, water is not only important for life but also plays a significant role for irrigation and to maintain the environment. Principal Secretary to Water Supply Department Mr. J. P. Gupta welcomed the dignitaries and said that today the world is worried about water. With the increase in population the demand for water has also been raised. WASMO CEO Mr. Anish Mankand said that 17452 water committees are in operation
Overt 26 applications for Ruchi Soya’s 51% stake bid of up to Rs. 10,000
Ahmedabad: Ruchi Soya Industries Ltd (RSIL) an Indian FMCG major, that has been undergoing a bankruptcy proceeding, have received over 26 applications from Indian and foreign business houses for acquiring a 51 per cent stake of the company. As per the sources, bidders are quoting anywhere between 8,000 crore to 10,500 crore for the majority stake in India’s largest edible oil-maker. This is could be one of the largest numbers of bidders coming in for a company that is undergoing the process of debt restructuring under the National Company Law Tribunal (NCLT).
Sources added. A few of the companies those have expressed interest in the bid include, Patanjali, ITC, Emami Group, Phoenix ARC, AION Capital Partners, Sakuma Exports, 3F Oil Palm Agrotech and Singapore-based Musim Mas. Also global investment companies such as Kohlberg Kravis Roberts (KKR), Indian subsidiary of US-based Cargill Corp, Singaporean palm oil Company Golden-Agri Resources and Malaysia’s Sime Darby Bhd are in the race. Bankers are now more optimistic about recovering their money considering the sheer numbers of Investors are coming forward to buy
the company’s stake, which will help them recovering their money easily in the coming months, Sources added. Recent rise of import duties by the central government on certain vegetable oil’s shipment in
GUJCET 2018 application process to start from March 23, exam on April 23
New Delhi: GUJCET 2018: The Gujarat Secondary and Higher Secondary Education Board (GSHSEB) will conduct the GUJCET 2018 on April 23. The board will release the application form for Gujarat Common Entrance Test 2018 from March 23, 2018 and the registration will be closed on April 7. Candidates can start applying from tomorrow by visiting the official website – gujcet.gseb.org. GUJCET 2018 result be declared either in May end or June. GUJCET is held for securing admissions to engineering and degree/ diploma pharmacy courses in government, governmentaided and self-finance
institutes of Gujarat. The examination will be conducted in Gujarati, Hindi and English medium for which online applications are to be submitted, the date of which will be declared later. The state government had replaced the Joint Entrance Exam (JEE) that was introduced in June 2013 with previously held Gujarat Common Entrance Test (GujCET) from the academic year 2017 for students in Gujarat through a notification issued last year. Students will be admitted in engineering and pharmacy courses on merit list with 60 per cent weightage given to marks scored in four semesters and 40 per cent to GujCET
percentile. Eligibility criteria Students who have passed the 10+2 examination from a recognised board/institution can appear for the test. They need to secure a minimum of 45 per cent marks to apply for the GUJCET 2018 exam (40 per cent marks for reserved category candidates). GUJCET 2018: Exam pattern Only multiple choice questions having four alternatives will be asked in the exam. There will be negative marking of 0.25 marks for each incorrect answer. GUJCET 2018 syllabus: Physics, chemistry and maths/ biology subjects will be of Higher Secondary or equivalent examinations level.
to the country has paved the way for generating positive perception about the company and the markets. The government in its Budget announcement on February 1, hiked the import duties to 30-35 per
for water management in Gujarat. Wherein there are more than 2 lakh members out of which more than one lakh are women’s. On this occasion, three Ambassador students of the State of Water Budgeting Divyaben D. chaudhari, Nauman I. Momin and Dharmiben B. Desai were honored. GUDM CEO Mr. Lochan Shahera, CEO of Ahmedabad Urban Development Authority, Mr. Atul Gaur, large number of state water committee members, rural women and officials were present. Member Secretary of Water Supply Board Mr. Tushar Dholakia thanked all.
Navy drone crashes in Gujarat
Since then the company's portfolio has diversified to include electrical appliances, commercial lighting and LED lighting and is the largest home lighting company in the Chinese market. The company is headquartered
in Shanghai, China and the global operations are driven by a team of committed 7000 employees, inclusive of 400 engineers in R&D.
GTU winter session result 2017 declared at gturesults.in
1: Go to the official website — gturesults.in Step 2: On the page, enter your exam, roll number or seat number Step 3: Enter the capcha code Step 4: Click on search and view your result Step 5: Download the result and take printout
New Delhi: Gujarat Technological University, Ahmedabad has published the winter session 2017 result on the official website – gtu. ac.in. The varsity has released the results for multiple courses and for remedial and regular exam both. It includes MPH, PDDC, BE, MBA, BBA, BA semester examination results. Those candidates who wish to apply for re-checking or re-assessment can do so by March 27, 2018. To check results, students can follow the steps written below: Step
As per reports, the annual examination of the Gujarat Technological University which covers nearly 550 colleges of degree and diploma courses would start from April 24. This year, about 4.5 lakh students would appear in these exams in the disciplines of engineering, management, pharmacy, architecture and hotel management. The exams for all eight semesters in BE, B Pharma, B Arch, B Tech and other such courses would commence from April 28 and continue till June 6. Exams for diploma engineering courses would start from April 24.
cent from the earlier 20 per cent. Ruchi Soya, the largest player in oil seed extraction in the country with a 3.72-mtpa capacity, had a total debt of about 12,000 crore as of December 31, 2017. Its brand portfolio includes Nutrela, Mahakosh, Sunrich, Ruchi Gold and Ruchi Star, while the company is also the largest player in the cooking oil and soya foods category in India. In December 2017, NCLT’s Mumbai bench admitted Ruchi Soya’s Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, following petitions by Standard Chartered Bank and DBS Bank.
Chandigarh: Hero I-League champions Minerva Punjab FC were presented with the winner's trophy at a glittering Mumbai: A Remotely function here today. In a tightly fought tournament, Minerva Piloted Aircraft (RPA) of Punjab FC reigned supreme to bring the Hero I-League the Indian Navy, operating trophy to the Northern part of India after a prolonged from Porbandar in Gujarat, wait of 21 years. Minerva's impressive run earned them crashed close to its air base accolades from all quarters, including FIFA President today, an official said. The Gianni Infantino, who wrote to All India Football Federation drone crashed around 10 (AIFF) president Praful Patel and congratulated the team for am, soon after the take-off, a their recent success. In a letter to Patel, Infantino said: "It Defence spokesperson said. gives me great pleasure to send my warmest congratulations “There has been no injury to to Minerva Punjab FC for their first ever title, becoming anyone. Preliminary inputs the first team from North India to win the crown jewel of indicate failure of the RPA Indian Football after 21 years." "This title is the result of the engine,” the spokesperson determination of everyone involved and my congratulations said in a statement. go to the players, the coach.
Sunhearrt G r o u p , celebrated” Smiling Star day” event amongst them with lots of fun and enthusiasm. The Program which was conceptualized by Ms. Priya Varmora, Director Sunhearrt Foundation and Shri Bhudr
and selfies were clicked with the special kids. The program ended with Cake and food packets being offered to all Kids from Jr Kg to Grade 8. The program ended at 11 am. Ms. Priya Varmora who spearheaded the program, touched the hearts of kids and teachers of school for Deaf and Mute society and Shri Bhudr Varmora also expressed his happiness in being part of such a noble activity. Each year Sunhearrt foundation celebrates 17th March as a special day in remembrance of Shri Ganesh Bhai Shiva Bhai Varmora, who was the visionary behind this group which has established its footprints internationally. Last year also Sunhearrt foundation had organized a blood donation camp and in coming years they are committed to conduct many more such CSR activities to make the society a better place to live.
Minerva Punjab presented with Hero I-League trophy
Sunhearrt Foundation celebrates “Smiling Star Day”, With Children of School for Deaf and Mute Society
Ahmedabad: Children of School for Deaf and Mute Society had a pleasant surprise for their lives on 17th March, 18 as Sunhearrt foundation which is a brainchild and family initiative for country's leading ceramic Company -
Varmora, Chairman Sunhearrt group, began at 8 am in the morning with a lighting of the auspicious lamp, prayers, National Anthem and followed by drawing competition of the tiny tots of Jr Kg and Senior Kg. The Kids of Grade 1 to Grade 4 were
divided in four batches and some interesting games were played which bought lots of smiles to their faces. It was then followed by a Certificate distribution for all the kids and medals to the winners. There was a Cake cutting ceremony and lots of group pictures
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