Esha Gupta’s latest pics will make you wonder about her ‘changed look’ page no. 02
23/01/2018, tuesday Edition: Ahmedabad
RNI NO.: GUJENG/2014/59629
Manchester United had to hunt for Alexis Sanchez in transfer market: Denis Irwin page no. 03
ENGLISH DAILY MORNING REPUTED NEWS PAPER, AHMEDABAD Editor : Kapilkumar M. Hirpara
Short News India’s richest 1 pc cornered 73 pc of wealth generated last year: Survey Davos/New Delhi: The richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year, a new survey showed on Monday, presenting a worrying picture of rising income inequality.Besides, 67 crore Indians comprising the population’s poorest half saw their wealth rise by just 1 per cent, as per the survey released by the international rights group Oxfam hours before the start of the annual congregation of the rich and powerful from across the world in this resort town.The situation appears even more grim globally, where 82 per cent of the wealth generated last year worldwide went to the 1 per cent, while 3.7 billion people that account for the poorest half of population saw no increase in their wealth.The annual Oxfam survey is keenly watched and is discussed in detail at the World Economic Forum Annual Meeting where rising income and gender inequality is among the key talking points for the world leaders. Last year’s survey had showed that India’s richest 1 per cent held a huge 58 per cent of the country’s total wealth -- higher than the global figure of about 50 per cent. This year’s survey also showed that the wealth of India’s richest 1 per cent increased by over Rs 20.9 lakh crore during 2017 -- an amount equivalent to total budget of the central government in 2017-18, Oxfam India said.
BJP
Modi has an ego of his prime ministership: Anna Hazare
Mumbai: Anti-corruption crusader Anna Hazare has alleged that Prime Minister Narendra Modi has an “ego of his Prime Ministership”, adding that it was the reason why Modi was not responding to his letters.Hazare was speaking at a public rally in Atpadi tehsil in Sangli district on Saturday.Hazare said, “I have written more than 30 letters to PM Modi in the last three years but he never replied to them. Modi has an ego of his Prime Ministership, hence he did not respond to my letters.”Hazare had, earlier, announced that he was going to stage another round of agitations in New Delhi from March 23. The rally at Atpadi on Saturday was the first of the three rallies Hazare will be addressing in an effort to mobilise support for the March 23 agitation. “It will be a never-seen-before kind of massive agitation that will be a warning to the government,” he said. “I have no intention of garnering votes through my rallies and agitations. The way there was a huge rally for Jan Lokpal, I believe there will be a similar agitation on farmers’ issues,” he said. Hazare said that his demands included implementation of the Lokpal, appointment of a Lokayukta, a pension of Rs 5,000 to farmers and higher rates for farm produce.
Mahadayi row: ProKannada groups call for bandh, pressure Modi to interfere Hubballi (Bengaluru): In a bid to get the Mahadayi river dispute resolved, pro-Kannada organisations and farmers have called for two bandhs in Karnataka over the next two weeks. While the state-wide bandh will be observed on January 25, the second bandh will be organised in Bengaluru on February 4.The Bengaluru bandh will coincide with Prime Minister Narendra Modi’s visit to the city to attend the state BJP’s Parivarthana rally.The Prime Minister is scheduled to attend the state BJP Parivarthana rally in Bengaluru and the intent to hold the rally on February 4 is to pressure on Narendra Modi to intervene in the river dispute.Vatal Nagaraj, leader of Kannada Chalavali Vatal Paksha (KCVP), a pro-Kannada outfit, had said that about 2,000 Kannada outfits had backed the bandh call. However, according to a report in The Times of India, Vatal Nagaraj faced the angst of Mahadayi and Kannada activists for not taking them into confidence when he gave a call for a Karnataka bandh on January 25. Vatal, who wished to express his solidarity with the farmers of North Karnataka, was in Hubballi to brief the media about the proposed bandh to mark their protest against the delay in solving the Mahadayi crisis.
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Among the emerging economies China’s rank is 26, while Pakistan stands at 47
India ranks 62, below Pak, China in inclusive development index of Despite its low overall score, India is among the ten emerging economies with ‘advancing’ trend. Only two advanced economies have shown ‘advancing’ trend.
gns, Davos/New Delhi: India was on Monday ranked at the 62nd place among emerging economies on an Inclusive Development Index, much below China’s 26th position and Pakistan’s 47th.Norway remains the world’s most inclusive advanced economy, while Lithuania again tops the list of emerging economies, the World Economic Forum (WEF) said while releasing the yearly index
at Davos before the start of its annual meeting, to be attended by several world leaders including Prime Minister Narendra Modi and US President Donald Trump. The index takes into account the “living standards, environmental sustainability and protection of future generations from further indebtedness”, the WEF said. It urged the leaders to urgently move to a new model of inclusive growth and development, saying
reliance on GDP as a measure of economic achievement is fuelling short-termism and inequality. India was ranked 60th among 79 developing economies last year, as against China’s 15th and Pakistan’s 52nd position. The 2018 index, which measures progress of 103 economies on three individual pillars -- growth and development; inclusion; and inter-generational equity -- has been divided into two parts.
january 23, 2017, tuesday
Present India as statesman, PM has great story to tell: Indian CEOs at Davos Davos: As the world leaders await to hear Prime Minister Narendra Modi’s vision for India’s engagement with the world, Indian CEOs on Monday made a strong pitch for a statesman like position for the country to counter the protectionism and domestic rhetoric expected to be presented by countries like the US.Eminent banker Uday Kotak, a Davos veteran who has been attending the World Economic Forum Annual Meeting in this Swiss ski resort town for years, said India needs to understand the subtle difference between sales and marketing, and present the India story accordingly while positioning itself in the role of a statesman.
Gujarat: Rajput community protests against ‘Padmaavat’, minister says ‘natural’ Ahmedabad: Violent protests by members of the Rajput community against the release of Sanjay Leela Bansali’s controversial period drama ‘Padmaavat’ were witnessed across Gujarat on Sunday, with agitators damaging buses and blocking roads.The Supreme Court on January 18 had paved the way for the film’s nationwide release on January 25 by lifting the ban on its screening in BJPruled states Gujarat and Rajasthan. Following incidents of protesters
Justice Loya case: SC says will look into documents with utmost seriousness SC said, ‘As of today, it was a natural death; Do not cast aspersions,’ adding that it will examine documents on Feb 2. The Supreme Court also restrained all high courts from entertaining any petition relating to Loya’s death.
gns, New Delhi: The Supreme Court on Monday asked Maharashtra, Bombay High Court to transfer all the documents including two petitions relating to the alleged mysterious death of special CBI judge BH Loya.The apex court termed as “serious” the issues raised in pleas; and said “we must look into all documents with utmost seriousness.” SC said, “As of today, it was a natural death; Do not cast aspersions,” adding that it will examine documents on
February 2.The top court also restrained all high courts from entertaining any petition relating to Loya’s death.The top court also asked all parties to catalogue documents in Loya’s matter, which have not been filed so far and submit them. The court also asked lawyers not to cast aspersions on BJP president Amit Shah, who is not a politician before it. The Maharashtra government told the Supreme Court that a careful and prudent
investigation was conducted after the media reports and four judicial officers assured there was no foul play involved. The three-judge bench recorded statements saying Justice Loya died of cardiac arrest. Chief Justice of India (CJI) Dipak Misra got angry when a senior woman lawyer inferred that the Supreme Court is going to gag media. The CJI asked the lawyer to retract and apologise. At the time of his death on December 1, 2014, Justice BH Loya (48) was
hearing the case of the alleged fake encounter of inter-state “gangster” Sohrabuddin Sheikh in which BJP president Amit Shah was an accused along with several others. Amit Shah was discharged from the case with a new judge ruling that there was no evidence to merit his trial. Two months ago, judge Loya’s relatives said his death was unnatural. His sister Anuradha Biyani also claimed that he was offered a huge bribe to rule in favour of the BJP chief Amit Shah.
‘India’s Bin Laden’, 2008 Gujarat serial blasts mastermind arrested from Delhi
Abdul Subhan Qureshi of Indian Mujahideen was nabbed after a brief exchange of fire with the police. There was a pan-India look out for Abdul Subhan Qureshi, also known as Kasim, for the last few years.
New Delhi: After a decade-long manhunt for the most wanted terrorist accused in 2008 Gujarat serial blasts, Delhi police Special Cell, on Monday, arrested Abdul Subhan Qureshi from the national capital.Often referred to as ‘India’s Bin Laden’, Qureshi a software engineer-turned-bomb-maker was arrested after a brief exchange of fire from Ghazipur in Delhi, police said. The police also called Qureshi’s arrest as a breakthrough just before Republic Day celebrations on Friday. “We have found pistols and documents on Qureshi; he was trying to revive the SIMI and the Indian Mujahideen,” said Deputy Commissioner of Police, Special Cell, Pramod Kushwaha. Qureshi went to Nepal with fake documents and was living there for many years. He also went to Saudi Arabia between 2013 and 2015 and returned to India to revive the terror network, said police. Police had been looking out for Abdul Subhan Qureshi, also known as ‘Tauqeer’, across the country for the past few years. Qureshi is closely linked to the banned Students’ Islamic Movement of India or SIMI. Qureshi has been accused of plotting the blasts in Ahmedabad and Surat on July 26, 2008 that killed 56 people and injured over 200 others. As many as 21 bombs were planted in tiffin carriers and motorcycles in busy markets, bus stations and even hospitals where the injured were being treated.
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damaging and setting buses on fire, the police issued a stern warning and deployed more personnel in the affected areas. The Gujarat State Road Transport Corporation (GSRTC) also suspended its services in northern parts of the state. Interestingly, senior state minister Bhupendrasinh Chudasama said such protests were “natural” and that the government was looking for a legal opinion following the Supreme Court’s order.
AAP MLAs withdraw plea from Delhi HC seeking stay on disqualification
New Delhi: The 20 disqualified Aam Aadmi Party (AAP) MLAs on Monday withdrew their plea from the Delhi High Court seeking a stay on the Election Commission’s recommendation for their disqualification in the office of profit case, Advocate Manish Vashisht, appearing for one of the AAP MLAs, told the court that since President Ram Nath Kovind has accepted EC recommendation and issued a notification disqualifying them as legislators on January 20, their plea has become infructuous.
Previous govt didn’t increase bus fares for vote-bank politics: Pon Radhakrishnan
gns, Hosur (Tamil Nadu): Union Minister of state for finance and shipping Pon Radhakrishnan has seconded the Tamil Nadu government’s decision to raise bus fares across the board, saying that it was inevitable. Speaking to reporters at Hosur, Radhakrishnan hit out at the opposition Union Minister of state for finance and shipping Pon Radhakrishnan has seconded the Tamil Nadu government’s decision to raise bus fares across the board, saying that it was for criticising the move and said that the previous government did not increase the bus fare for the last six years due to vote-bank politics. “The Tamil Nadu Government didn’t raise bus fare for 6 years. It is hiked now and is essential due to
fuel price hike and financial purposes,” Radhakrishnan said. “The then government didn’t hike fares due to vote politics. Hadn’t it been the case, fares would’ve been hiked gradually,” he added. After six years, the E Palanisamy-led government on Friday hiked the fares of the Metropolitan Transport Corporation (MTC) buses in Chennai from Rs 3 to Rs 5, and the maximum from Rs 4 to Rs 23. This created uproar at various bus terminals in the state. According to the state transport department’s statement, in case of nonmetros, tickets would range from Rs 3 to Rs 19 and for Chennai Mofussil Bus Terminus services, the fare has been increased by nearly a third.
2 / Dt. 23-01-2018, tuesday, Ahmedabad
tuesday, 23 january, 2018
Reading the tea leaves as fiscal 2019 looms
bollywood special
Esha Gupta’s latest pics will make you wonder about her ‘changed look’
The four years since 2014 have been chocka-bloc full of fiscal and financial reforms. India needs a rest from such frenetic reforms. It’s time to take a deep breath, consolidate and pull all the loose strings together. One hopes that fiscal 2019 is devoid of breaking news, dull as ditchwater but fulsome in terms of outcomes. The most successful reform of the Narendra Modi government has been the restoration of fiscal stability. The Union government’s fiscal deficit is down to the targeted 3.2 per cent of GDP in fiscal 2018, from a high of 6.5 per cent in fiscal 2010, post the 2008 financial crisis. The revenue deficit has similarly trended down to 1.9 per cent of GDP. Consumer price inflation has been tamed at sub four per cent. This achievement burnishes the credibility of the government’s fiscal management. Significantly, fiscal discipline was enforced despite a reduction in the net tax resources. The 14th Finance Commission had enlarged the share of state governments from fiscal 2015, in the divisible pool of Central taxes, to 42 per cent from 32 per cent. State government expenditures have consequently increased rapidly.State governments now collectively spend 87 per cent more than the Union government (Mishra and Singh, NCAER 2017) compared to just six per cent more in 2011. Some of the increase was due the UDAY scheme for restructuring electricity utility by state governments absorbing their debt of around Rs 1.4 trillion, in 2016 and 2017. The collective state government fiscal deficit ballooned from less than two per cent in 2012 to nearly 3.5 per cent of GDP in 2016. Tax receipts have been a traditional fiscal Achilles heel. Union government tax receipts are near stagnant at around 10 to 11 per cent of GDP. State governments additionally collect six to seven per cent of GDP as taxes. But there is a silver lining now. The Goods and Services Tax is likely to disrupt this placid tax regime, because it introduces positive incentives for paying taxes via the tax credit provisions. Honing the multiple GST rates to the specificities of India’s political economy will remain an ongoing exercise. Once the tax revenue stabilises, the government could consider reducing the multiple tax rates, thereby harnessing the efficiency gains of simplification.Direct tax collection over the first three quarters of 2017 grew at 18.2 per cent over the previous year, versus a target of 15.7 per cent, courtesy the clampdown on cash transactions. India’s direct tax rates are not extortionary. There is little scope to provide tax breaks. In fact, existing tax breaks could be ended, like those for capital gains on equity held for just one year. The stock markets are defying gravity. So, this is a good time to tax capital gains.
We are not sure if the Bollywood actress has gone under the knife or it’s just a new makeup technique for her movie. Mumbai: Actress Esha Gupta’s pictures have always been a talking point on social media. Last year, the ‘Raaz 3’ actress faced the wrath of the social media users for her nude photoshoot. But this time the reason Esha is grabbing eyeballs with the apparent change in her facial features. Checkout some latest pictures from Esha’s Instagram and notice the difference.We are not sure if the Bollywood actress has gone under the knife or it’s just a new makeup technique for her movie. Well, we shall leave it up to you to decide! On the work front, Esha who was last seen in Ajay Devgn starrer ‘Baadshaho’, is rumoured to be a part of thriller movie ‘Aankhen 2’.
Dulquer Salmaan to romance Sonam Kapoor in the film adaptation of The Zoya Factor?
Mumbai: Sonam Kapoor has been roped in to play the main protagonist in the movie adaptation of the best-selling novel, The Zoya Factor. And now it looks like the makers have found the male lead in handsome Malayalam star, Dulquer Salmaan.As per a report in Mumbai Mirror, Dulquer Salmaan has been roped in to play the male lead in the movie. A source close to the project revealed, “It’s an interesting character and Dulquer has liked the script. While he has committed to the project he is yet to sign on the dotted line.”In August last year, Sonam had put out a tweet where she confirmed being a part of the movie. “Super excited to work with amazing sister duo, Aarti and Pooja Shetty, with the brilliant Abhishek Sharma on Anuja Chauhan’s Zoya factor (sic),” she had tweeted. The novel revolves around a girl Zoya Singh Solanki, born on the exact moment India had won the 1983 cricket world cup. The Indian cricket team starts considering her a lucky charm leading up to the 2010 world cup win of the team. Sonam Kapoor is currently busy promoting her next release ‘PadMan’ and wrapping up her home production ‘Veere Di Wedding’.
- Kapilkumar M. Hirpara
Editor
Salman Khan to work with Benjamin Button’s VFX team for Ali Abbas Zafar’s Bharat Mumbai: Salman Khan is one actor in the film industry who hates prosthetics - and with good reason. His neurological condition (he had undergone surgery for trigeminal neuralgia in 2011 and was cautioned against performing dangerous stunts and using make-up because his skin needs to breathe) makes it hard for him to breathe if he has a beard wig or other facial props slapped on. This is why we never see Salman in disguise. However, very soon, the actor’s equation with prosthetics is about to change. In his next film Bharat, which is to be directed by Ali Abbas Zafar (of ‘Tiger Zinda Hai’ and ‘Sultan’ fame), Salman’s character goes through many physiological changes that will be shown on the screen. The film will have Salman ageing from approximately 17 to 65.To get the best result and look, the makers are already in talks with the VFX team of ‘The Curious Case of Benjamin Button’. It is the same team that even worked with Shah Rukh Khan for his film ‘Fan’. The makers, who were looking to avoid any harm to Salman, started looking for options including the hiring of a younger actor. But this idea was tossed in the bin. A source says, “The Bharat team considered the prospect of getting a Salman look-alike to play the younger version. But Salman quickly discarded that line of thought and agreed to take on the entire role from age 17 to 65.” Apparently, Salman will go through a series of look tests to decide his final appearance at various stages of his character’s life. “All the prosthetics may aggravate his neurological condition. But it’s a risk Salman will take for the sake of authenticity,” says a source close to the project. The film is slated to release on Eid 2019.
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After Batti Gul Meter Chaalu, Imtiaz’s next, Shahid unites with top production house
Dutt’s the way: Ranbir and Sonam announce Dutt biopic wrap in the most classic way Dutt biopic, a story on Bollywood actor Sanjay Dutt’s life, is slated to release on June 29th this year.
Mumbai: Shahid Kapoor has carved a niche for himself in such a way that he has often been associated with performance-oriented roles. He has often killed it with his performances, whether in ‘Haider’ or as Tommy Singh in ‘Udta Punjab’. The actor will soon be seen in ‘Padmaavat’, a film which has rocked the nation with its controversies, and yet has received huge support from everybody who has seen it. Shahid has also bagged ‘Toilet: Ek Prem Katha’ director’s next ‘Batti Gul Meter Chaalu’ and he recently confirmed that he’s collaborating with Imtiaz Ali for the director’s next (both of them gave the industry one of its iconic films in ‘Jab We Met’). Now Deccan Chronicle has come to know that Shahid has bagged a film with a top production house, which is being kept under wraps, and will soon be announced. Shahid is reportedly being considered for Sanjay Leela Bhansali’s next after ‘Padmaavat’ and might also have bagged two more films with Kriarj Entertainment post associating with them in ‘Batti Gul Meter Chaalu’.
Mumbai: Ranbir Kapoor’s Dutt biopic has been the talk of the town since a long time. The movie, which went on floors in February last year, has now wrapped up in the classiest way possible. The whole team has been flaunting their tee ‘Dutts The Way’ since a long time, and now they have announced the wrap in a similar fashion. Ranbir Kapoor sings “Dutts The Way” and Sonam Kapoor continues “I like it”. Rajkumar Hirani then announces, “It’s a wrap” which gets everyone cheery. In case you still haven’t got it, the team was inspired by the song “That’s the way (I like it)” from KC and The Sunshine band.
Neetu Chandra hits out at Sidharth Malhotra for insulting Bhojpuri language Mumbai: Actor-Producer of Bhojpuri films Neetu Chandra hits out at Siddharth Malhotra on social media saying that he should be ashamed for making such derogatory statements against Bhojpuri language. Neetu tweeted, “So disappointed @ S1dharM someone who is so fortunate to work with best. Who despite being an outsider has made a name for himself, for you to use your words so loosely to disrespect Bhojpuri on national Television. Shocked! How on earth does speaking Bhojpuri gives you a latrine feeling. Shame on you.” Neetu Chandra also put a clip of Siddharth Malhotra at the BigBoss house where Siddharth Malhotra is seen commenting on Bhojpuri language and saying that when he speaks in Bhojpuri he feels as if he is in washroom. In the tweet, Neetu Chandra has said that she is shocked to see how someone could degrade one of the oldest languages of India. She made her feelings amply clear in her tweet.
3 / Dt. 23-01-2018, tuesday, Ahmedabad
Sports Special
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Australian Open 2018: Hyeon Chung dumps wounded Novak Djokovic in 4th round Djokovic took a medical timeout to have his right arm massaged before the start of the second set.
IPL 2018 players auction: What’s RTM, how much money teams have and more; explained
Mumbai: While the e-commerce giants Amazon and Flipkart are busy spoiling the consumers and making money with their Great Indian Sale and The Republic Day Sale respectively, come January 27 and January 28, 578 cricketers are in with a chance to make moolah at the Indian Premier League (IPL) 2018 players’auction in Bengaluru.Although the previous IPL auctions have witnessed big money being spent and players getting richer in space of few hours, this year’s auction, which happens to be the tournament’s eleventh edition, will be one of the biggest players’auctions in the history of IPL. While over 1000 players displayed their interest to be a part of the bidding, Board of Control for Cricket in India (BCCI) pruned the list to 578 players.While a lot of drama is expected to unfold during the two-day auction, with teams being involved in a tug of war over some of the biggest and brightest upcoming cricketers. The teams have already announced the names of the players they wanted to retain (maximum three players per team) ahead of the auction and while majority of the players are part of the auction, the teams can still retain the core by using the Right to Match (RTM) card(s) during the auction.
Melbourne: Six-time champion Novak Djokovic is out of the Australian Open, beaten 7-6 (4), 7-5, 7-6 (3) in the fourth round by Hyeon Chung, a 21-year-old South Korean ranked 58th.The point of the match came in the third-set tiebreaker when Chung hit a cross-court passing shot to put him within two points of victory. It ended minutes later when Djokovic hit a backhand wide.Djokovic, who trailed the first set 4-1 but fought back to 5-5 before losing the tiebreaker, took a medical timeout to have his right arm massaged before the start of the second set.He spent six months off the tour last year with a right elbow injury and
said he waited until just before the tournament began to decide if he was fit enough to play.Chung will now play another relatively unknown player in the quarterfinals - Tennys Sandgren, a 97thranked American who beat No. 5-seeded Dominic Thiem earlier Monday.Here’s the Men’s quarter-final draw for the Australian Open 2018 after Monday’s matches: Rafael Nadal (ESP x1) v Marin Cilic (CRO x6) Grigor Dimitrov (BUL x3) v Kyle Edmund (GBR) Roger Federer (SUI x2) v Tomas Berdych (CZE x19) Tennys Sandgren (USA) v Chung Hyeon (KOR)
Media reports say Sanchez will seal his move to United this week with Armenian midfielder Henrikh Mkhitaryan joining Arsenal in a swap deal.
Manchester United had to hunt for Alexis Sanchez in transfer market: Denis Irwin gns, Mumbai: Players of the calibre of Alexis Sanchez do not become available very often so Manchester United had no choice but to make a move for the Arsenal forward, former Ireland defender Denis Irwin has said ahead of the Chilean’s expected move to Old Trafford. The 29-year-old Sanchez, who is out of contract at the end of the season and was also a target for leaders Manchester City, missed Arsenal’s 4-1 league win over Crystal Palace on Saturday.British media reports say he will seal his move to United this week with Armenian midfielder Henrikh Mkhitaryan joining Arsenal in a swap deal.“When a player of that ability comes along, I think you got to be in the market for him,” Irwin, who played over 500 games for United during 12 trophy-laden seasons, told Reuters.”He’s a player who knows the Premier League, his goal record ... he’s an
experienced international. He’s quick, he’s strong. “It would be great if he comes to Manchester United because he would not just add to our squad but our team. He’s a really good player and I think he will be a good addition, really good.” The Chile international
has scored 80 goals in 166 appearances in all competitions for Arsenal since joining from Barcelona for 35 million pounds ($48.52 million) in July 2014.The 52-year-old Irwin, now working a United ambassador, was speaking in Mumbai as part of Gulf Oil’s fan-building campaign for the
IPLauction2018:Complete list of players franchises can retain via RTM
club’s supporters, who were invited to a live screening of the Premier League away fixture against Burnley on Saturday. Irwin lauded Jose Mourinho’s ability to attract top players and said the Portuguese manager had done enough to warrant an extension to the three-year contract he signed in 2016.
Mumbai: With just a few days left for the Indian Premier League (IPL) players’ auction which will be held in Bengaluru on January 27 and 28, teams will engage in a fierce bidding war as they aim to rope in the best players.The IPL Player retentions in early January saw a total of 18 players being retained by the eight franchises, including Chennai Super Kings (CSK) and Rajasthan Royals (RR) who are making a comeback following a two-year spot-fixing ban. While more than 1000 players had registered for the auctions, the Board of Control for Cricket in India (BCCI) has trimmed the list of players to 578 who will go under the hammer.The RTM was an option introduced by the IPL Governing Council that enables a franchise to retain their key players. Teams are eligible to use a maximum on 3 RTM cards, but it also depends on the numbers of players they have acquired during the IPL Player Retention event.
Australian Open: Roger Federer charges into quarterfinals, beats Marton Fucsovics
gns, Melbourne: Defending champion Roger Federer charged into his 14th Australian Open quarter-final with a straight-forward win over Hungary’s Marton Fucsovics on Monday. The Swiss second seed was too strong for the 80th-ranked Fucsovics, winning 6-4, 7-6 (7/3), 6-2 in just over two hours on Rod Laver Arena. Federer will now face long-time rival Tomas Berdych in the last eight, holding a 19-6 lead over the Czech dating back to 2004.It will also be Federer’s 52nd Grand
Slam quarter-final, the most in the post-1968 Open Era. It was the Swiss legend’s first meeting with Fucsovics, who spent a week in the off-season training with him in Switzerland. “I thought he played very well. It was fast conditions, you have to have quick ideas and execute well and I thought he did that very well,” Federer said of his unheralded opponent.
business Wipro stock slips over 2 per cent
For the December quarter, company’s consolidated net profit fell 8.4 per cent to Rs 1,931.3 crore.
post December quarter results
New Delhi: Shares of Wipro on Monday slipped over 2 per cent after the India’s third largest IT firm posted an 8.4 per cent fall in its consolidated net profit for the December quarter.On the BSE, its stock settled for the day at Rs 320.80, down 2.33 per cent from the previous close. During the session, shares fell as much as 3.27 per cent to touch an intra-day low of Rs 317.70 apiece. The stock closed the day at Rs 322.20 a unit, down 2.05 per cent on the NSE. In terms of equity volume, 7.32 lakh shares of the company were traded on the BSE and over 45.72 lakh scrips changed hands on the NSE
during the day.For the December quarter, the company’s consolidated net profit fell 8.4 per cent to Rs 1,931.3 crore.Its net profit (attributable to shareholders) stood at Rs 2,109.6 crore in the year-ago period, as per Indian accounting norms (Ind-AS). Its revenue from operations was nearly flat at Rs 13,669 crore in the quarter under review.The company missed its IT services revenue forecast of USD 2.014-2.054 billion, clocking USD 2.013 billion in the said quarter. The company, however, said that it has been witnessing an improving trajectory of growth.“... we have been seeing an
improving On the BSE, its stock settled for the day at Rs 320.80, down 2.33 per cent from the previous close. During the session, shares fell as much as 3.27 per cent to touch an intra-day low of Rs 317.70 apiece. The stock closed the day at Rs 322.20 a unit, down 2.05 per cent on the NSE. In terms of equity volume, 7.32 lakh shares of the company were traded on the BSE and over 45.72 lakh scrips changed hands on the NSE during the day.For the December quarter, the company’s consolidated net profit fell 8.4 per cent to Rs 1,931.3 crore.trajectory of growth over the past four quarters and
our Q4 guidance further reflects that. While there are some customer specific uncertainties, CY18 commentary from our clients look positive and we are on the right track for FY19,” Wipro CEO and Member of the Board Abidali Z Neemuchwala said.
NPAs to rise to Rs 9.5 lakh crore by March-end: report gns, New Delhi: India’s banking sector will be saddled with gross non-performing assets (GNPAs) worth a staggering Rs 9.5 lakh crore by March-end, up from Rs 8 lakh crore in the year-ago period, a report said on Monday. The high level of stressed assets in the banking system however provide enormous opportunity for asset reconstruction companies (ARCs) which are important stakeholders in the NPA resolution process, said the Assocham-Crisil study. At the same time, it said, the growth of ARCs is expected to come down significantly
owing to capital constraints. “While growth (of ARCs) is expected to fall to around 12 per cent by June 2019, the AUM (assets under management) are expected to reach Rs 1 lakh crore, and that is fairly sizable,” said the report. It said the GNPAs will increase to “Rs 9.5 lakh crore as on March 31, 2018 i.e. about 10.5 per cent of total advances, while stressed assets are expected to be at Rs 11.5 lakh crore”. Separately, Minister of State for Finance Shiv Pratap Shukla had said in Parliament earlier that
GNPAs of banks crossed Rs 8.5 lakh crore at the end of September 2017. The report further said that with banks expected to make higher provisioning over and above the provisions made for stressed assets, they may sell the assets at lower discounts, thus increasing the capital requirement. Since the existing capital base of ARCs will not support in absorbing stressed assets available in the market, they are expected to be a part of the multi-platform business model with co-investors/ large funds to bring in capital and stay relevant, it said.
Markets at new highs on earnings boost; RIL, ONGC surge
gns, Mumbai: Benchmarks ended at record highs for the fourth session in a row on Monday on sustained foreign fund inflows and persistent buying by domestic investors.The BSE Sensex surged 286.43 points to close at 35,798.01 while the broader NSE Nifty ended at 10,966.20.Shares have been on a record-setting spree, bolstered by a string of better-than-expected corporate earnings and recent government measures, including a cut in the Goods and Services Tax (GST) for certain sectors.The 30-share Sensex, after opening on a strong footing, continued its upward march to hit an all-time high of 35,827.70.It shed some ground on profit-booking, before finally ending 286.43 points, or 0.81 per cent higher at 35,798.01, smashing its previous record close of 35,511.58 reached on Friday.The gauge had gained 740.53 points in the previous three sessions.
4 / Dt. 23-01-2018, tuesday, Ahmedabad
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It is important that these pressing concerns are taken into account by women medical practitioners while dealing with their patients.
‘Women falling prey to disease at a younger age’ provided insightful discussions on various issues related to women’s health and empowerment.”Women doctors also signed a resolution to amend the criminal law, allowing women to file a criminal complaint in case of adultery. Heads of local branches of Indian Medical Association will further send this resolution to the ministry of women and child development, National Commission of Women (NCW) and the ministry of social justice and empowerment, among others.
as chief guests.In his inaugural address, Dr Ketan Desai talked about the importance of women’s health as well as their ability to maintain a balance in each facet of life.Sharing the idea behind organizing this conference, Dr Mona Desai, chairperson, All India Women Doctor’s Conference, said, “While issues Doctors’ Conference — in the city on Sunday. The event focussed on women’s health and empowerment. More than 1,400 women doctors from
across the country participated in the programme. The ex-president of World Medical Association, Dr Ketan Desai, along with Dr Jayshree Mehta, president, such as osteoporosis, cardiac diseases and hypothyroidism, are common among women, of late, they have been manifesting at an alarmingly early age. It is important that these pressing concerns are taken into account by women medical practitioners while dealing with their patients. This conference
Bus services hit in North Gujarat, thousands stranded
Culpable homicide charge for protest villains
gns, AHMEDABAD: The women doctors’ wing of Ahmedabad Medical Association organized EVECon - All India Women Doctors’ Conference — in the city on Sunday. The event focussed on women’s health and empowerment. More than 1,400 women doctors from across the country participated in the programme. The ex-president of World Medical Association, Dr Ketan Desai, along with Dr Jayshree Mehta, president, Medical Council of India, were present
gns, AHMEDABAD/RAJKOT/SURAT/ VADODARA: Thousands of passengers found themselves at different bus depots in the state, mostly in north Gujarat, after Gujarat State Road Transport Corporation (GSRTC) suspended services fearing attacks on buses by Karni Sena members. GSRTC officials said that 800 buses to various places in north Gujarat (Mehsana, Patan, Palanpur and Himmatnagar) were cancelled. Passengers at Ahmedabad and Ranip bus depots were also stranded after the GSRTC stopped service to north Gujarat. Buses for Banaskantha, Mehsana, Vadgam, Kheralu, Danta and Ambaji were cancelled due to road blockades. There were reports of protesters burning tyres and even torching buses. Karni Sena members
also resorted to violence in Surat city. Police inspector of Kapodra police station, V K Patel, was manhandled by some protesters. In another incident, a woman police sub-inspector was harassed.
AHMEDABAD: While the state administration has issued directions that offences be registered against those who resort to violence while protesting against the release of “Padmaavat”, Ahmedabad Police has gone a step farther. The city police has threatened to impose Section 308 of the Indian Penal Code (IPC) — attempt to commit culpable homicide — for violent protests inside malls, multiplexes, and other enclosed spaces.In a strong letter to his subordinates, city police commissioner A K Singh said, “Multiplexes are dark and congested spaces vulnerable to stampedes. Miscreants are well aware that protests in
72% of Ahmedabad vehicles Couple booked for falsely reporting are two-wheelers loss of passports
AHMEDABAD: In early1999, there were more cars in Ahmedabad than two wheelers, but from mid-2000 the city saw an increase in number of two wheelers and in 2017 two-wheelers have come to constitute 72% of vehicles registered in a year.According to the transport department, of the 2.90 lakh vehicles registered in Ahmedabad 2.09 lakh were two wheelers while 57,661 were cars. In 1999 the number of two-wheelers that were registered were only 1,663 and the number of cars was 3,094.Experts feel that the city public transport has failed abysmally. The city’s Bus Rapid Transit System (BRTS), which was designed to ease congestion on the roads by diverting private commuters to public
transport has failed to achieve its goal. The 89km BRTS coverage has in fact cut citizens’ usage of city public transport by nearly 18%.Officials said that before the launch of BRTS, passenger traffic was over 8 lakh commuters per day. Today, passenger traffic of BRT and AMTS combined is less. If the AMC is to be believed they themselves have admitted that AMTS and BRTS together are used by
8 lakh commuters.“Instead of increasing passenger number has remained stagnant even after eight years of BRTS operation. Actually, there has been a fall in the number,” said a senior AMC officer. The increase in private vehicles came because BRTs, despite having AC buses, has failed to attract passengers. I need 12 lakh or else I’ll lose my daughter.
gns, AHMEDABAD: Vejalpur police on Sunday registered a complaint against a couple for falsely reporting loss of passports even when their passports have been confiscated after a failed attempt of illegal immigration. The duo is booked under IPC Section 181 (false statement on oath or affirmation to public servant).According to Vejalpur police, Vishal Amin, 39, resident of Desai Park, Jivraj Park, had registered a complaint in July last year for loss of his passport along with that of his wife Jalpa Patel, 32. According to his complaint, he had taken the passports to get photocopies when he lost them. The case was sent to special branch of the city police and a report was also sent to regional passport office.“During investigation, it was revealed that the couple was caught from IGI airport in New Delhi in 2004 when they were attempting illegal immigration.
US govt shutdown international enters its third day UK arrests woman who married, gave birth under IS as Senate failed to regime on returning home reach agreement gns, London: A British woman who married and gave birth under the Islamic State regime in Syria has become one of the first so-called jihadi brides to be arrested on her return to the UK, a media report has claimed. The 27-yearold, who cannot be named for legal reasons, was arrested at Heathrow Airport under terrorism laws when she landed from Addis Ababa, Ethiopia, earlier this month, ‘The Sunday Times’ reported. Her two-year-old son, whose nationality remains unclear, has been taken into the care of the state. Scotland Yard has released the woman on bail while it continues its investigation. The UK authorities are working on a series of measures to tackle cases of such ISIS brides and children returning to the UK following the terrorist group’s defeats in its yrian and Iraqi strongholds last year, the report said. Aqsa Mahmood, a 22-year-old Pakistaniorigin suspected ISIS recruiter from Glasgow, has been stripped of her British citizenship to prevent her returning to Britain. The UK Home Office argues that Mahmood has not been made “stateless” because she is eligible to apply for citizenship in the country where her parents were born, which is Pakistan. A similar order has been made against another British woman who fled Syria at the end of 2016 after her husband, a prominent British figure in ISIS, died in a battle.
gns, Washington: A US government shutdown entered its third day on Monday as Senate negotiators failed to reach agreement late on Sunday to restore federal spending authority and deal with demands from Democrats that young “Dreamers” be protected from deportation. The Senate set a vote for 12 pm (1700 GMT) on Monday on advancing a measure to provide temporary government funding through February 8, end the shutdown and allow hundreds of thousands of federal employees to return to work. Senate Majority Leader Mitch McConnell offered an olive branch to Democrats late on Sunday, pledging on the Senate floor to bring immigration legislation up for debate in February if the issue is still unresolved by then. At the core of Democrats’ demands is the fate of young people, known as Dreamers, who were brought to the country illegally as children. Former Democratic President Barack Obama’s Deferred Action for Childhood Arrivals (DACA) program extended legal protections to about 700,000 of them, shielding them from being deported. “It would be my intention to proceed to legislation that would address DACA, border security and related issues,” McConnell said, adding: “It is also my intention take up legislation on increased defense spending, disaster relief and other important matters” then.
such places may cause chaos and damage to property and life. Thus, cops should register an offence under Section 308 of the IPC.”K L N Rao, the special commissioner of police, Sector I, said: “All malls and multiplexes have been provided moving and static police bandobast from Sunday, which includes armed State Reserve Police personnel.”In-charge DGP, Pramod Kumar, also stressed that stern action would be taken against violent protesters. “Some 20 cases related to those protesting against the release of “Padmaavat” have been registered in Gujarat and over 100 persons have been arrested.”
Dinosaur egg found in Gujarat’s Balasinor? Once home to dinosaurs, Balasinor, a city located in Mahisagar district of Gujarat, is a real-life Jurassic Park. This has been asserted by the fact that local farmers have recently found a possible egg of Rajasaurus Narmadensis, a dinosaur species, in Muwada village which is about 10km away from Balasinor. The egg found on Saturday evening during a digging exercise is broken, though.The egg was handed over to the local ‘Mamlatdar’ office and forest department. The egg now will be sent to the Geological Survey of India (GSI) for further research. It will require a laboratory test to confirm whether this is a dinosaur egg or not. Dinosaur fossils were first found in 1980s near Balasinor following which Dinosaur Fossil Park was developed here. Since then constant
research on one of the most giant and now extinct species has been carried out in Balasinor. Researchers believe that six crore years back, the belt
of Narmada Valley from Balasinor to Madhya Pradesh was the most preferred location for laying eggs for the last seven surviving species of dinosaurs. The Rajasaurus Narmadensis, a carnivorous species, had a height of 2.4 m, length of 7 to 9 m. It lived on the planet 72.1 million years ago. Its fossilized bones were discovered by Suresh Srivastava of the Geological Survey of India between 1982-84.
Earlier, Ecuador announced it had granted citizenship to Assange, in an unsuccessful attempt to provide him with diplomatic immunity.
Ecuador prez terms Julian Assange as ‘inherited problem’, ‘nuisance’ for govt
gns, Quito (Ecuador): The president of Ecuador Lenin Moreno on Sunday described WikiLeaks founder Julian Assange as an “inherited problem” that has created “more than a nuisance” for his government.“We hope to have a positive result” on the issue, he said in an interview with television networks.Earlier this month, Ecuador announced that it had granted citizenship to Assange, in an unsuccessful attempt to provide him with diplomatic immunity and usher him out of its London embassy without the threat of arrest by Britain.Moreno said his country was continuing to seek mediation involving “important people,” without specifying whom he meant.Assange fled to the embassy in 2012 to avoid being extradited to Sweden for alleged sex crimes, which he denies, and has remained in the building ever since.Sweden later shelved its investigation, but Assange faces
arrest by British authorities for fleeing justice in the Swedish case. He fears British authorities will then allow his extradition to the United States where he is wanted for publication by WikiLeaks of classified information in 2010. The WikiLeaks founder has strained the patience of his hosts since taking up the offer of asylum made by then-president Rafael Correa in 2012. He was publicly
reprimanded for interfering in the 2016 US election after publishing hacked emails from the campaign team of Democrat Hillary Clinton. More recently, he drew the ire of Correa’s successor, President Moreno, when he used Twitter to pump out messages of support for Catalonia’s independence drive. Moreno was forced to respond to complaints from the Spanish government.
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