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VOL. XXXIII NO. 52 H CHENNAI H WEDNESDAY 28.1.2015 (EVENING) H OTHER STATIONS THURSDAY 29.1.2015 (MORNING) H 8 PAGES Rs. 4.00 H Regd. No., TN/CC(S) DN/223/15-17, RNI No: 33810 / 82
VIVEK, ARISE, ACHIEVE
Braveheart
ndian Army today paid glowing tributes to Colonel
M N Rai, who died fighting militants in Jammu and
Kashmir, recalling his efforts to reach out to youths in the
militancy-hit region and said such sacrifice only strengthens its resolve to fight elements inimical to peace.
Col Rai always led from the front in multiple operations
that he carried out in 2014 and also in 2015. He combined bravery with compassion and people in Tral knew
him very well for his several initiatives, General Officer
Commanding of the Srinagar-based Chinar Corps Lt
Gen Subrata Saha told reporters after the wreath laying
ceremony at Badami Bagh Cantonment here.
The supreme sacrifice of the brave men only strengthens our resolve to fight all elements inimical to security
of Kashmir, he said as friends and colleagues recalled
the contribution of Rai, one of the senior-most officers
to be killed in last one year.
Reports say that Michael Clarke may just meet the
fitness deadline to lead the national team into the World
Cup starting February 14, even as many Australia
cricket officials are mulling appointing Steven Smith
as full-time captain after the 50-over showpiece event.
Clarke’s recurring fitness issues and his continuing absence
during India’s tour has forced Cricket Australia to juggle with
a couple of leadership options in the Test and ODIs and it
is learnt that the decision makers are keen for a permanent
change of guard before this year’s Ashes tour of England.
Trisha’s beau
to buy CSK?
q Srinivasan to give up hold over IPL franchise: Reports
RIGHT ON THE MANI
BACK TO THE FRONT
Screenshot of Varun Manian’s tweet in support of N Srinivasan
Students of Chennai High School at CIT Nagar offering respects to
the Vivekananda Ratham, which is touring the city as part of the
saint’s 151st Jayanthi celebrations.
Photo: K VIJAY ANAND
Trouble for Srirangam
BJP candidate
NT Bureau
Chennai, Jan 28:
The AIADMK candidate for
Srirangam by-election S Valarmathi and Congress activists
today filed complaints against
BJP contestant M Subramanyam, alleging that FIRs had
been filed against him.
Pointing out that at least three
FIRs were there against Subramaniam, a set of Congress
activists today registered complaint against him at the Trichy
Collector office.
Also, Valarmathi made a similar charge against Subramanyam, when nominations of
candidates were taken up for
scrutiny by the election officials today.
The charge against Subramanyam is that he had failed
to mention in the affidavit
(while filing his nomination
papers) that FIR had been filed
against him (he had apprently
left the relevant column ‘nil’ in
the nomination papers)
A decision on the nomination of Subramanyam, who
runs a group of educational
institutions around Trichy, was
expected to be out any moment
at the time of writing this.
Meanwhile, Subramanyam’s
supporters have denied the
allegations, stating that only
those with proven charges
were not eligible to contest
the elections.
As many as 29 contestants, including CPI(M) candidate K Annadurai, filed their nominations
on the last day on Tuesday for
the Srirangam by-election. In
all, 46 candidates are in the
fray, pending scrutiny of their
papers. The final list will be
out on Friday after the scrutiny
and withdrawal of candidates.
Since morning, the taluk office
in Srirangam was buzzing with
activity as a lot of candidates,
including a substitute for BJP
candidate, queued up to file
their nominations.
(More on Page 7)
NT Bureau
Chennai, Jan 28:
With the Supreme Court in its verdict ordering N Srinivasan to choose
between BCCI and Chennai Super
Kings (CSK), there is a buzz in the
market that real estate tycoon and
beau of actress Trisha, Varun Manian
may buy the IPL franchise from the
beleaguered India Cements chief.
According to a report in Sify.com,
Varun Manian, a prominent Tamil
film producer shares a good rapport
with Srinivasan and on many occasions in the past, it is learnt that
Srinivasan used his charter flights.
And speculations in the social media
have it that Varun Manian is a relative
of Srinivasan.
Recently, delivering its verdict on
Mudgal Committee report that investigated the alleged betting and fixing
scam in IPL and clash of interest of
Srinivasan, said that Srinivasan, to
retain his position in BCCI and contest
election for the post of president of the
prestigious cricket body, should step
down from ownership of CSK.
The apex court made it clear that
Srinivasan can be associated either
with the BCCI or CSK, but not both
at the same time.
Sources in the know say that Srinivasan is keen to retain his hold on the
Indian cricket officialdom. And hence
is planning some kind of ‘acceptable
arrangement’ to technically let go off
CSK from his hands (without exactly
doing so).
Enter: Varun Manian.
Sources say that Varun Manian,
who recently got engaged to actress
Trisha, is a trusted man for Srinivasan. And the talk is he may buy
CSK and thereby facilitate Srinivasan
to contest the elections in BCCI for
the top post.
In the past, Varun Manian in his twitter account had come up with posts
endorsing Srinivasan’s stand on the
BJP, PDP to
form govt in J&K?
Bomb threat to
Udhayam theatre
Srinagar, Jan 28:
Political grapevine is rife with speculations about the BJP forming alliance
with the People’s Democratic Party in
Jammu and Kashmir later this month.
The BJP and PDP have reached a
broad understanding to form government in J&K, reports said today.
Reports indicate both the parties
are working to evolve a seat sharing
formula and are expected to reach a
consensus soon.
Also, J&K BJP legislators are scheduled to meet in Jammu today. Senior
party leader Ram Madhav will be a
part of the meeting. The latest development comes after PDP patron and
former chief minister Mufti Mohammed Sayeed last week said ‘track
two’ dialogue with BJP is in progress.
Contending that he wants to bring
the State out of a ‘quagmire’, the
former Chief Minister told his party
workers, ‘Track-II dialogue with BJP
over the formation of government in
Jammu and Kashmir is in progress.’
NT Bureau
Chennai, Jan 28:
With just a week to go for the release of Ajith-starrer Yennai Arindhaal, unidentified person(s) sent a
‘threat letter’ to Udhayam Theatre
complex in Jafferkhanpet yesterday.
According to police, Udhayam
theatre on Jawaharlal Nehru Road
in Jafferkhanpet, received a letter
stating that if the movie (scheduled
to hit the screens on 5 February),
was released, the theatre would be
bombed.
Following this, theatre manager
Hariharan filed a complaint with the
Kumaran Nagar police who are looking into the case.
Security has now been beefed up at
the theatre to prevent any untoward
incident.
The movie directed by Gautham Menon, stars Ajit, Trisha among others.
Sania and pair sail to semis
A TV screen-grab of Varun
Manian with Srinivasan at the
height of IPL controversy.
entire issue and even expressed his
support to him openly. Varun had
recently tweeted, ‘Mark my words NS
will continue as BCCI president. He’s
an honourable man who has done
nothing wrong’.
Varun had been spotted escorting
Srinivasan in one of the footages
shown on television channels recently
and this has added to the rumour
grist. Interestingly Trisha, who was
engaged to Varun Manian, was the
brand ambassador of CSK in the first
edition of the IPL.
Efforts to contact Varun Manian
in this regard went in vain. However, there are also rumours running
rounds that tyre giant MRF is also the
race to acquire CSK.
It may be recalled that several movie
halls have been at the receiving end
of fringe elements in the recent past.
For instance, Kamal’s Vishwaroopamand Vijay’s Thalaivaa too faced stiff
opposition and theatres scheduled to
screen the movies received multiple
threats from various organisations.
It was only after a considerable delay, the movies hit the screens.
No voluntary
repatriation of
Lankan refugees:
CM to PM
NT Bureau
Chennai, Jan 28:
Chief Minister O Panneerselvam
today said the process of voluntary
repatriation of Sri Lankan Tamil
refugees in the State could be considered only after ‘concrete and
credible measures’ by the Sri Lankan
government and adequate verifiable
assurances on returning to their native land.
In a letter to Prime Minister Narendra
Modi, a copy of which was released to
the media here, he said, ‘The Ministry
of External Affairs has written to the
government of Tamilnadu inviting a
senior officer of the State government
to attend an inter-ministerial meeting
on 30 January on the issue of voluntary
repatriation of Sri Lankan Tamil refugees to Sri Lanka.’ He said: ‘As you are
aware, even now, refugees who want to
leave for Sri Lanka on their own volition,
do so. Therefore this meeting could
be perceived to be an exercise to
encourage Sri Lankan Tamil refugees
to leave for Sri Lanka. Further, I would
like to place on record that the
conditions in the Northern and Eastern provinces of Sri Lanka are still not
conducive for the refugees to return
to their native land.’
He recalled that a ‘momentous decision’ was taken by AIADMK general
secretary J Jayalalithaa, which was announced in the Governor’s address in
2011, to extend the benefits of all welfare
schemes implemented in Tamilnadu to
the Sri Lankan Tamil refugees.
Stating that recent political developments are a cause for hope and
have raised expectations of reconciliation, the Chief Minister said:
‘However, there are still apprehensions about the presence of the Sri
Lankan Army in Tamil areas. The
atmosphere of fear, intimidation and
of possible human rights violations
has not entirely dissipated. There is a
concern that Tamils could be reduced
to a minority even in their own traditional habitation areas.’
Actress Vindhya
hospitalised
NT Bureau
Chennai, Jan 28:
Noted actress and AIADMK campaigner Vindhya has been hospitalised after she developed some
complications in her liver.
Doctors attending
on her at a private
hospital say that she
is down with pancreatitis Vindhya had
been to Varanasi a
few days ago. Since
Vindhya
her return to the city
on Monday she was not feeling
well.
Her health condition worsened
yesterday and she fell unconscious.
Immediately, Vindhya was taken to
a hospital. Doctors have advised her
rest for next three days.
JUMPING IN JOY
q Chennai champion Wawrinka in last four
Melbourne, Jan 28:
Top seeds Sania Mirza and Bruno
Soares stayed on course for their
second Grand Slam mixed doubles crown together after the duo
progressed to the semi-finals of
the Australian Open in Melbourne
on Wednesday. The Indo-Brazilian
pair of Sania-Soares mastered
unseeded Australian duo of Casey
Dellacqua and John Peers 6-2 6-2
in the quarterfinals.
Sania and Soares had won the
US Open title last year. The Indian
Sania is eyeing her fourth Grand Slam mixed
doubles title and second in Melbourne. She
had previously won the Australian Open in
2009 with Mahesh Bhupathi.
ace and Soares had defeated
American Abigail Spears and
Mexico’s Santiago Gonazalez 6-1,
2-6, 11-9 in the final.
Sania is eyeing her fourth Grand
Slam mixed doubles title and second
in Melbourne. She had previously
won the Australian Open in 2009 with
Mahesh Bhupathi.
Meanwhile defending champion
Stan Wawrinka advanced to the
semifinals of the Australian Open with
a 6-3, 6-4, 7-6 (6) win over U.S. Open
runner-up Kei Nishikori.
Wawrinka, who beat Rafael Nadal
last year in the final for his first Grand
Slam title, will play either top-seeded
Novak Djokovic or Milos Raonic of
Canada in the semifinals on Friday.
Wawrinka and Nishikori last
met in the U.S. Open quarterfinals in 2014 when Nishikori won
in five sets.
In the third-set tiebreaker, Wawrinka raced to a 4-0 and 6-1 lead
before Nishikori saved five match
points to level the score at 6-all. But
Nishikori tried a drop shot that didn’t
clear the net to set up another match
point, which Wawrinka converted
with an ace, his 20th of the match.
Sania Mirza celebrates her victory
2 WEDNESDAY
28 JANUARY 2015
City
Centre
A swanky roof, at last
CHENNAI
ALL IS NOT WELL
New bus shelter errected in Saidapet West
Waste
dumped
on Velacheri
Main Road irks
pedestrians.
Photo: E K Sanjay
The new shelter at the bus terminus in Saidapet West is
expected to benet commuters.
Powered up
ood times are here for
residents of IOB Colony First
Street, so to say. After having
endured power problems for
several years, they are heaving a
sigh of relief as their long-pending
demand for a 250 kv transformer
has been met.
‘Earlier, we only had a 100 kv
transformer for First Street but
thanks to Tambaram Municipality
for replacing it. We had been
complaining about the same
for a long time and kept getting
assurances. We are happy that the
authorities have done the needful
now. However, for the entire area
we need three more transformers,’
said Meenakshi Sundaram, general
secretary of IOB Colony Residents
Welfare Association.
It is said that the last year’s annual
day celebration of the IOB Colony
Residents Welfare Association,
many ofcials who attended
h civic
he
i i move tto construct
t t a MTC staffers
t ff
about
b t the
th arrival
i l and
d
shelter at the bus terminus in departure of the buses. Also, the
Saidapet West, has brought relief bus routes which were parked
to residents and commuters alike.
earlier at different locations are
It may be noted that the demand now seen halting near the shelter
for a roofed bus stop here had for the convenience of commuters.
been a long-pending one. A shelter
The revamped bus stop which
with adequate seating facility has is frequented by the residents of
now been provided, thanks to the Saidapet West, is also expected to
steps taken by Saidapet MLA, G be helpful to commuters of routes
Senthamizhan who allotted f u n d s l i k e
18K, 88D, 88G, 10A
for the same.
which ply through
It is expected
the terminus.
that the sheltered
A resident of
stop will now cater
ALAM Jayaram Chetty
B
M
to the needs of
Street who is a
MA
regular commuters.
regular user of 88D felt, ‘I
Loganayagi,
one
have been residing in Saidapet for
such
commuter
s a i d , the past ve decades and travelling
‘I appreciate the timing
by MTC buses for a long time now.
of the move as it was getting It was always surprising as to why
increasingly difcult to wait this terminus remained without a
for buses in this cool climate. roof, while several new shelters
This would also be benecial to came up in remote locations. With
children and the elderly who now regard to the civic move, I thank
stand protected from the vagaries the authorities, especially the
of nature’.
local MLA who took the matter up,
The positioning of the shelter and newspapers, which regularly
near the depot has also come reports on resident issues’.
in for much praise, as it helps
— NT Bureau
commuters make enquiries with
YUR
SELAI
Selaiyur residents thank Councillor for
installing new transformer
G
T
the event promised to get new
transformers for the entire colony
but nothing was done.
People in the locality thanked
Ward 20 Councillor G Shankar
for taking efforts to get the new
transformer installed at First Street
and hoped that he would help in
getting more (transformers) in the
other streets of IOB Colony.
It is to be noted that IOB Colony
has around 500 households and
a majority of them have been
dogged by voltage uctuation
problems due to transformers of
lower capacity.
‘We need power supply which
is stable so that there is no more
fear of electric appliances being
damaged and this can only be
done if the authorities provide
us with transformers of higher
capacity,’ said Seetha, a resident.
— NT Bureau
A view of IOB Colony First Street.
0
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CHENNAI
WEDNESDAY
28 JANUARY 2015
3
Training
DOGS is FUN
for her
JAYANTHI PAWAR
Chennai, Jan 28:
‘When I am training a dog I
develop a relationship with it.
He is my buddy and I want to
make training fun,’ says Shirin
Merchant, a top dog trainer in
the world.
Sharing her experiences with
News Today, Shirin said that
she started working in the field
of dogs in 1996 and was India’s
have always been
first canine behaviourist. That is
a part of my family.
And
not all, she is the first in India to
till now I have lived with 11 dogs.
have tackled canine behaviour
I did not plan or dream or work for
problems with scientific backing.
a career in the field of dogs but it
Later, in the same year she
just happened and I went with the
was invited to study under John
flow and did not return.’
Rogerson, a world famous dog
‘Having settled in Mumbai, I visit
trainer in England. Shirin, is now
places across the country to train
recognised as world-renowned
dogs. Earlier, people never looked
animal behaviourist and trainer.
at setting up a career in the caFor the past 16 years, Shirin
nine field. But now things
has she has helped dog
have changed I
‘well, it depends on the age and the
owners in England, India
Shirin
have advocates,
breed of the dog. But for a puppy,
and Sri Lanka with
c
h
i
l
d
r
e
n
Merchant
behaviour and trainand many training takes around two months.’
As to what is the correct age for
ing problems rangwho is one of the
younga dog to be trained, she said ‘I recing from domis
t
e
r
s
,
top dog trainers in the
nance, housew h o ommend people to start training
world and Asia’s leading choose the dog right from when it steps
training, chewing, aggression,
to build into your house. Because, the dog
canine behaviourist who
destruction to
a career pick up habits as they grow.’
has worked with over six in this,’ Shirin has said she had been apboredom and
compulsive besays the proached to train stray dogs and
thousand dogs will be
haviour.
dog lover, added ‘it is easier to train strays
in Chennai on 31
as they are more smarter.’
Shirin.
‘I have trained over
What is her advice for people
6,000 dogs so far and
Asked how
January
training to me is not conmany days it takes with regard to treating dogs: ‘A
for a person to become common misconception is that
fined to making the dog walk
people hug dogs. Which is wrong
a dog trainer,
with a leash, or make it follow
my commands. For me training
Shirin says, ‘it is a myth that for as dogs hugs each other only
a person to become a dog trainer when they fight. Dogs are not
a dog is to a build a relationship
takes months. But six days will do primate mates like chimpanzees
with a dog in which they can comto be hugged.’
municate with us and teach them
for a person to start training a dog.’
good manners,’ she says.
In 2002, Shirin started India’s
How many days does it take for a
‘Since my young days, dogs
dog to be fully trained? She says, f i r s t c a n i n e m a g a z i n e W o o f !
q ‘Stray canines are easier
to teach as they are smarter’
LAMPS to preserve
rich Indian heritage
NT Bureau
Chennai, Jan 28:
Children are addicted to gadgets,
have less memory power, and are
leading a stress-filled life, says resource person of LAMPS (Lalitha Arts
and Music Promotion Social Trust)
Kousalya Sivakumar.
The trust, which will be inaugurated
on 30 January, is aimed at preserving
the rich Indian heritage by passing
the knowledge to the next generation.
At a media conference here yesterday, she said that the trust is mainly
aimed to be a catalyst and to bring
out the best in them.
LAMPS founder Aravind Kumar
Shankar said, ‘The trust will be
started in the memory of my mother
Lalitha Shankar, who worked in the
fields of art, craft, music and spirituality. This trust is aimed to nurture
various forms of Indian heritage.’
He said members of LAMPS will go
to various towns, orient students and
provide them a quality teaching. Further, the project will be undertaken
Members of Lalitha
Arts and Music
Promotion Social
Trust (LAMPS) will
visit various towns,
orient students and
provide them a quality
teaching
throughout South India.
On future plans, he said that corporates will be roped in and projects
related to art and education will be
pursued. The trust has released three
CDs - Kurai Ondrum Illai containing
classical Indian art forms and to aid
as a stress-buster, Kalodaya about
Indian crafts and Avidyanta about
art education.
The revenue generated from the
sale of CDs will be utilised towards
other projects including mural restoration, workshops and building
restorations.
The Mag with a Wag! and it
was included in the Limca
Book of Records. Today,
the magazine is found in
an eco-friendly digital
format online through
its website - www.
woofmag.in.
Shirin will
be visiting
Chennai
on 31 January and 1
February to
set up her
shop in the
city.
Great Lakes inks
pact with SRU
NT Bureau
Chennai, Jan 28:
Great Lakes Institute of Management has signed an MoU with Sri
Ramachandra University for academic
programmes.
According to a press release, the
MoU was signed at a function to
mark the 10th year anniversary of the
institute. The agreement will have exchange of faculties and students between SRU and Great Lakes to work
together in the areas of research in
the healthcare management domain.
Speaking on the occasion, Great
Lakes Institute founder-chairman
Bala V Balachandran said, ‘Our innovative and world class management
offerings have put the institute on the
global B- School map. It is without
a doubt that offering a high quality
education is of paramount importance
to any institute and Great Lakes assures to deliver the same for many
more decades to come.’ Congratu-
Great Lakes Institute of Management founder-chairman Bala V Balachandran,
TVS Motors chairman and managing director, Sundaram Clayton, Venu
Srinivasan and Sri Ramchandra University Chancellor V R Venkataachalam
among others during the release of the book ‘Vetri Veliye Illai - Biography
of Professor Bala V Balachandran by V Ramanan’ in Chennai recently.
lating Great Lakes on the 10 year
milestone, TVS Motors chairman
and managing director, Sundaram
Clayton, Venu Srinivasan said,
‘Learning has undergone a major
change in the last few years and
will continue to do so. Hence, it’s imperative that educational institutes
adapt to the concept of relevant
education. We cannot continue with
the concepts of 19th century in this
digital world.’ ‘India needs a pipeline
of entrepreneurs and I am positive
q Philosopher J Krishnamurti’s book launched
that institutes like Great Lakes will
support it,’ he added.
The event also saw the launch of the
Book - ‘Vetri Veliye Illai - Biography
of Professor Bala V Balachandran
by V Ramanan’. The English version
of the book - ‘Dare to Dream’ was
released earlier.
Cognizant vice-chairman, Lakshmi
Narayanan, and professor of Operations Management and Information
Systems, Kellogg School of Management, Sunil Chopra, participated.
TMC to woo
youths
NT Bureau
Chennai, Jan 28:
Tamil Maanila Congress (TMC)
president G K Vasan inaugurated
the party’s youth committee’s campaign here on Tuesday to induct
more members.
‘TMC will soon become a party
having the largest number of
youngsters in Tamilnadu and will
win the trust of people here’, he
said.
Vasan said youngsters will add
more strength to the party and
as first step, the youth committee
will induct 50 lakh members. The
campaign started under the leadership of party’s youth wing leader
Yuvaraja will cover around 20 districts, 500 villages, 103 Assembly
constituencies, six Corporation
zones and 51 Municipalities.
Starting Tuesday, a vehicular
campaign will start from Chennai and reach Kanyakumari on 5
February.
Earlier, Vasan paid tribute to a
statute of former Chief Minister
K Kamaraj near Gymkhana Club
before commencing the campaign.
‘Petroleum dealers protest
not to affect public’
A peek into ‘The
World Within’
NT Bureau
Chennai, Jan 28:
‘The World Within’, a unique collection of writings of renowned
philosopher and religious teacher J
Krishnamurti was launched in city
on Tuesday.
Former executive director of
Krishnamurti Foundation America, Mark Lee released the book
and former West Bengal Governor
Gopalakrishna Gandhi received the
first copy.
The interactions that the author had
with a cross-section of people during
the Second World War is expressed
from a common man’s point of view.
The book is based on humanitarian
perspective and not on philosophy or
ideology grounds.
Speaking at the launch, Krishamurti Foundation India secretary S
P Kandaswamy said, ‘We face more
number of challenges in the recent
times than before and thus, sometimes develop a pessimistic feeling.
The teachings of Krishnamurti give
us a ray of hope and window of opportunity for inward clarity, thoughtful action and living. Violence, war,
fear and psychological conflicts are
some of the main topics discussed
in the book.’
About the book, Krishnamurti Foundation editor K Krishnamurti said, ‘He
Shirin Merchant
Students get an
insight on
practising yoga
NT Bureau
Chennai, Jan 28:
Around 300 students of Government
Polytechnic College, Nammalvarpet
participated at a meeting on ‘Manavalakalai’ which focused on the importance of practising yoga organised by
Lions Club of Central Madras in the
college premises recently.
According to a press release, World
Community Service Centre (WCSC)
- Chennai City Zone president V C
Suntharaam addressed the students
about the necessity to focus on body
and mind (soul) and how yoga helps
Former West Bengal Governor Gopalakrishna Gandhi, Krishnamurti
to concentrate and increase memory
Foundation India trustee Prema Srinivasan, foundation’s former executive
power. He cited various examples
director (America) Mark Lee and Indian secretary S P Kandaswamy at the
and students said such sessions
launch of the book ‘The World Within’ in Chennai yesterday.
should be taken forward.
(J Krishamurti) was highly concerned
Some of the issues discussed in
Exnora Greater Chennai president
about people and worked for their
the in book that has 90 chapters
R Govindaraj said the age between
welfare behind closed doors. He tran- are external and internal, loneliness 15-25 are more important to cultivate
scribed the discussions after meeting
of the woman whose husband had
good habits and learn more skills.
people. The book balances between
been killed in the war, sorrow of a
‘Whatever we learn till 25 years of
him and the other person who speaks
mother who lost her son, arguments
age, only will keep us moving till 100
to him in an equal amount.’
of the politician and ideologue of
years,’ he said and emphasised the
those who are for or against vio- need for practising yoga to succeed
He further said, ‘He wrote in a way
lence.
that everyone can relate to and thus
both in professional and personal life.
not much of work went on the editThe book published by KrishnaPrincipal of the college R Naraying part. The only challenge was to
murti Foundation is priced at Rs
anan, Lions Club chairman (Projects)
give headings as chapters were a
295 and is available online and in
S N Harinarayanan and Lions Club
bit too repetitive.’
all book stores. .
member S Geetha took part.
NT Bureau
Chennai, Jan 28:
Apparently unhappy with the frequent
reduction in prices of petrol and diesel,
the Tamilnadu Petroleum Dealers Association will observe a one-day ‘stop
procurement agitation’ from public
sector oil companies on 31 January
demanding that they should offset
the inventory losses incurred by retail
outlets due to this and also to urge the
Union Petroleum Ministry to withdraw
the 22 December 2014 Regulatory Act
imposing hefty fine for improper maintenance of toilets in retail petrol bunks.
Speaking to reporters here on Tuesday, president of the association K P
Murali said all the 4,400-odd retail petrol bunks in Tamilnadu and Puducherry
would stop purchase of fuel from oil
companies that day.
He pointed out that this would neither
cause any inconvenience to consumers nor led to any panic buying as the
petroleum outlets will have two days
stock.
The petrol bunks will be open on
that day and the retail outlets will only
refrain from procuring fuel from oil companies to register their protest
and to seek compensation, he added.
Murali further said because due to
this stir, the government would stand
to lose Rs 26 crore through VAT and
Rs 24 crore in excise duty.
He said the prices of petrol were
reduced 10 times and diesel price was
reduced five times from August 2014 to
16 January this year. Inventory losses
suffered by the retail outlets ranged
from Rs three lakh to five lakh.
Ever since the government allowed
oil companies to determine the prices
of petrol based on the international
crude oil prices, the oil firms have
been announcing revision of prices
on 15th and on 30th or 31st of every
month. The Association wanted this to
be maintained.
Since the latest reduction in prices
was announced on 16 January, the oil
companies suffered inventory losses,
he said, adding, the oil companies
has to explore alternative measures
to prevent inventory losses to retailers
whenever there was upward or downward revision of prices, he added.
Similarly, the agitation was also
to condemn the Union Petroleum
Ministry’s Regulatory order levying
a fine in the range of Rs 10,000 to
Rs 30,000 if the toilets in the retail
bunks were not maintained properly.
This has sent shock waves among
the retail bunkers and it is akin to
treating the retailers as slaves by the
oil companies, he said and urged the
Petroleum Ministry to withdraw this
Sales Regulatory Act.
Vice-president of the association
Geetha Mathew was among others
present.
Blend
4 WEDNESDAY
28 JANUARY 2015
WHAT
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NEWS
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TODA
TODAY
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DA
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PRINTS
INTS
IN
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The right push
he hope that the Indo-US Civil Nuclear Agreement will be
operationalised is strong, thanks to broad agreements reached
here on US President Barack Obama’s three-day visit. Details will
be filled in by the apparatchiks on both sides in keeping with the
broad understanding reached between the two leaders, but there is no
mistaking that the deal to sign which Manmohan Singh had staked
his government, and done unholy deals with stray MPs to pass the
majority test in the Lok Sabha, has now been revived. Both on the
issues of liability and spent fuel, intricate compromises have been
struck, suggesting that the determination of the leadership got over
the seemingly intractable differences.
Strong leaders invariably manage to get their way, finding solutions
for what might appear to be tough problems. Backroom negotiators
surmounted two major obstacles, devising an insurance pool for
meeting an unforeseen mishap and voluntarily forsaking the right
to intrusive inspections of nuclear plants and materials. Mutual trust
underpinned the agreements. Sherpas of the two leaders will fill in
the blanks. More significantly, Obama was ready and willing to
enlist India in a wider strategic and security partnership, something
his predecessor had set out to do, but due to the policy paralysis of
the UPA and Bush’s own domestic problems, it had to be abandoned
midway. The unambiguous mention of the Indo-Pacific region and
of maritime security in the South China Sea, the commitment to
disrupt the terrorist groups in Pakistan in the joint statement clearly
underline a new strategic vision in the Washington establishment.
Small wonder, then, there are discordant noises emanating at the
highest levels in Beijing.
From natural allies, as Vajpayee had first described the oldest and
the largest democracies, the US and India, under the Obama-Modi
order, are set to become close partners. It is a remarkable journey
for the two leaders. Narendra Modi, despite apprehensions that the
visa denial would colour his view, accomplished the feat in under
eight months of becoming prime minister. As for Obama, legacy
issues in the second term seemed to have persuaded him to revise
the strategic vision for this part of the world. It is not containment
of China that the two leaders have in mind. No. Instead, they are
keen on a broader Asia-Pacific compact, offering confidence and
security to the entire region against a potentially threatening growing
military and economic power.
Of course, the soft, human side of the Obama visit was no less
fascinating. Modi, ever the consummate player, be it high diplomacy
or domestic policy, also attracted notice for his sartorial variety. In
comparison, Obama’s stirring address at the Siri Fort Auditorium
before his departure reminded of Modi’s Madison Garden
performance last September. Indeed, the joint statement issued at
the end of Modi’s visit last September did not touch on the IndoPacific region, nor did it talk of disrupting terror groups in Pakistan.
The transactional relationship thus far seems to have become
transformational in all of four months, thanks largely to the
doggedness of Modi to engage the US proactively. And Obama’s
realisation that being soft on present and potential disrupters of
world peace wherever they might be located, cannot be good for
anyone. His desire to make India his country’s ‘best partner’ is the
strongest endorsement any US President has offered to take the ties
between the two democratic countries to a higher plane. It can be
a win-win situation for both countries if the goodwill generated by
the Obama visit is actually translated into action.
CHENNAI
Need to counter Chinese
military might, says US
Alleges the Communist nation of ‘bullying’ in South Asia
WASHINGTON:
Expressing concern over growing
Chinese military power and its assertiveness, two top retired American
generals stressed on the lawmakers
the need to develop a strategy to
counter-balance Chinese bullying role
in South China Sea and the region.
While our efforts in the Pacific to
keep positive relations with China
are well and good, these efforts must
be paralleled by a policy to build the
counterbalance if China continues to
expand its bullying role in the South
China Sea and elsewhere, Gen (retd)
James N Mattis, told members of the
Senate Armed Services Committee
yesterday during a hearing chaired
by Senator John McCain.
That counterbalance must deny
China veto power over territorial,
security, and economic conditions
in the Pacific, building support for
our diplomatic efforts to maintain
stability and economic prosperity so
critical to our economy,’ Mattis said
in response to a question.
Testifying before the power Senate committee, General (retd) John
M Keane said China’s continuing
economic growth has fuelled a major
conventional buildup that is beginning
to shift the local balance of power in
its favour.
As a result, Beijing has been emboldened to act more assertively
toward its neighbours, especially in
expanding its territorial claims which
include not only Taiwan but also most
of the South China Sea islands and
Japan’s Senkaku islands,’ he said.
China has embarked on a strategy
of regional domination at the expense
of US interests as a Pacific nation and
decades of partnership with allied
countries in the region, Keane said.
As such Gen Keane called for developing a regional strategy with US
allies to counter China’s desire for
dominant control and influence.
Recognise that China’s military
strategy to defeat US reliance on military information networks which they
believe alone may defeat the United
States militarily and their exploding
Japan PM slams
execution threat
TOKYO:
An angry Japanese prime minister
slammed as ‘utterly despicable’ an
Islamist militant threat to kill both a
Japanese hostage and a Jordanian
pilot unless Amman releases a jihadi
bomber.
The clock was ticking towards the
24-hour deadline Islamic State group
militants set in their latest chilling
video, which warned they will execute
freelance journalist Kenji Goto and
airman Maaz al-Kassasbeh if they
don’t get their way.
‘This was an utterly despicable
act, and I am appalled,’ Japanese
premier Shinzo Abe told reporters. ‘While we are in an extremely
severe situation... I have instructed
all ministers to work together for the
early release of Kenji Goto.’
ICE, ICE BABY
Shinzo Abe
‘The government, in this extremely
severe situation, has been asking for
the Jordanian government’s cooperation towards the early release of Goto,
and this policy remains unchanged,’
he earlier told ministers.
Tokyo has thrown itself on the mercy
of Jordan since a video emerged at
the weekend in which the extremist
group announced it had murdered
C
Haruna Yukawa, a self-employed
contractor it had kidnapped in August.
After initially demanding a $200
million ransom for the release of the
two Japanese men, the group, which
rules swathes of Syria and Iraq with a
medieval form of Islam, said it wanted
Jordan to free Sajida al-Rishawi, a
would-be suicide bomber who has
been on death row since 2006.
Analysts said the changing demands were an attempt to divide
close allies of the US-led fight against
extremism in the Middle East.
They say the IS group is forcing
Jordan, a moderate Muslim country,
into the position of trying to balance
strong domestic pressure to bring its
airman home with wariness of harming its important relationship with
deep-pocketed Japan.
‘China has
embarked on a
strategy of regional
domination at
the expense of US
interests as a Pacific
nation and decades
of partnership with
allied countries in
the region’
precision strike capability threatens
ground and naval forces, forward
staging bases and air and seaports of
debarkation, he said.
The United States, he noted, no
longer enjoys the commanding position in the precision strike regime
that it occupied in the two decades
following the Cold War.
Astronomers find
oldest known star
MIAMI:
International astronomers said they
have discovered the oldest known
star in a distant galaxy encircled by
five Earth-sized planets, signaling
that planets formed throughout the
history of the universe.
The system is 11.2 billion years old
and was born near the dawn of the
galaxy, said the report in the Astrophysical Journal.
The star has been named Kepler-444, since it was found with the
help of NASA’s planet-hunting Kepler
spacecraft. Its five planets are a bit
smaller than the Earth. They circle
their Sun-like star in less than 10
days, at a distance smaller than onetenth the distance between the Earth
and Sun -- making them too hot to be
habitable. But the sheer age of the
star has stunned astronomers.
At a distance of 117 light-years from
Earth, Kepler-444 is two and a half
times older than our solar system,
which is 4.5 billion years old.
L ICK
PIC
Chetan Bhagat @chetan_bhagat
Wondering when Obama saw
some of the weapons on display,
did he go, ‘oh, we sold them this stuff.
OLX is quite amazing’
Oprah World @Oprah_World
A man uses a snowmobile to travel along a street during a winter snowstorm. In the other photograph pedestrians walk through heavy
snow in the midtown section of New York. More than 35 million people along the Philadelphia-to-Boston corridor rushed to get home and
settle in as a fearsome storm swirled in.
Never give up hope,
because you never know,
it could still happen.
Will Greece’s youngest
PM restore its dignity?
Cochlear implant users
can hear music beats
WASHINGTON: beat in music, such as drums, can
Contrary to common belief, people improve the emotional and social
who use cochlear implants
quality-of-life of cochlear implant usfor profound hearing loss
ers and may even help improve their
do respond to certain asunderstanding and use of spoken
pects of music, scientists
HEALTH language.
have found.
The cochlear implant is
A research team headed by an
designed for language perinvestigator at Georgetown University
ception but not for music
Medical Center said exposure to the perception, researchers said.
Today
VOICE MAIL
Need for extra hand
Sir,
Despite the abhorrence of child labour worldwide, many people accept it
as a necessary evil. Poverty is often cited as the main cause of child labour.
It is widely believed that families will not be able to cope if their children do
not work. Parents simply have no other choice.
In practice, however, the poverty argument does not hold water. Precisely
the opposite is true: child labour maintains poverty. Because children are
easy to exploit and are cheap labourers. Children who work and do not go
to school will end up in low paid jobs later, and so will their children - and
so the vicious cycle of poverty is perpetuated.
RAJASEKAR, By email
ADDRESS YOUR LETTERS TO :
The Editor, News Today, 85, Mount Road, Guindy, Chennai - 600 032.
or e-mail to : [email protected] / [email protected]
Keen to implement auserity measures
ATHENS:
lexis Tsipras is on a mission to
restore Greece’s dignity after
winning Sunday’s general election
and becoming his country’s youngest
Prime Minister in 150 years.
The 40-year-old father of two children
brings to the job a burning passion to
dump the austerity policies that his
party says have brought a ‘humanitarian
crisis’ to Greece, and he knows he has
little time to lose.
‘It would be good to speed up the
procedure because we have an uphill
German occupation troops in 1944.
Tsipras also became the first Greek
prime minister to take a civil rather
than religious oath of office, and to
dispense with a tie at the ceremony.
In his victory
NEWS MAKER speech on Sunof the day day, he pledged
to end the ‘humiliation’ and ‘vicious circle’ of austerity
On his first day as prime minister, for the good of Greece and other
Tsipras showed he is big on symbol- European nations.
The young leader will govern in a
ism.
His first act following his investiture coalition with the nationalist Independent Greeks party after securing 149
seats in Sunday’s election, two short
of the required majority in the 300-seat
At the age of 40, he becomes the youngest Greek prime minister in 150
parliament.
years.
Tsipras, whose party was just
Tsipras also became the first Greek prime minister to take a civil rather
170,000 votes short of victory in
than religious oath of office, and to dispense with a tie at the ceremony.
the 2012 election, has come a long
way from his days as a Communist
His first act following his investiture was to lay flowers at the Kaisariani
youth activist. The Greek public first
shooting range in Athens, where dozens of Greek leftists were executed
learned his name in 1990 when as a
by German occupation troops in 1944.
17-year-old he led a school sit-in and
road ahead,’ he told President Karolos was to lay flowers at the Kaisariani told a TV interviewer: ‘We want the
Papoulias as he received his mandate shooting range in Athens, where doz- right to judge for ourselves whether
to form a government.
ens of Greek leftists were executed by to skip class.’
A
Highlights
The man behind
An engineer by training,
Tsipras
was born in an
Athens suburb in July 1974,
a fateful year for Greece. It
marked the collapse of a sevenyear army dictatorship that mercilessly persecuted leftists and
Communists, and culminated in
a bloody crackdown against a
student uprising.
The boyish father of two children
who admires Che Guevara -naming his second son Orpheus
Ernesto -- has subtly modified
his image as power and responsibility beckoned.
He has made efforts to improve
his English and sought to
boost his international standing
through meetings with Pope
Francis, European Central
Bank chief Mario Draghi and
even Wolfgang Schaeuble,
fi nance minister of Greece’s
fiscal nemesis Germany.
Enterprise
CHENNAI
TAFE launches
diesel generator
NT Bureau
Chennai, Jan 28:
TAFE Motors and Tractors Limited
(TMTL) launched its 5/7.5 kVA Diesel
Generators (DG) with a view to consolidate its position in the lower horse
power (hp) range.
A statement said, TMTL will be the
first company in India to exclusively
offer engines with 1500 rpm to power
5/7.5 kVA DG sets, improving reliability and quality of power. The existing
DG sets market for this range consists
of products which are either automobile application engine powered
at 3000rpm or agriculture engines
which are adjusted to suit 5/7.5kVA
DG requirements.
The TMTL 5/7.5 kVA DG sets are
powered by Eicher Engines which
have a proven track record of long life
and low cost of ownership. They will
be best suited for residential areas,
small shop owners, commercial and
banking sectors apart from other segments owing to its compact size and
relative ease of use.
TMTL’s director S Chandramohan
said, ‘Our company has experienced
steady growth as we have been able
to provide economical and reliable
power solutions backed by great
after-sales service to our customers’.
Commercial vehicle major gets ready for future
NT Bureau
Chennai, Jan 28:
With increasing talks on zero
emission vehicles around the
globe, commercial vehicle major
and Hinduja Group flagship company Ashok Leyland is futureready with electric, hybrid and
ethanol engines, to help produce
zero-emission vehicles in India
for exports.
Speaking on the sidelines of
the two-day symposium-cumexhibition themed ‘Power Train
Technology’, organised at its technical centre at Vellivoyal Chavadi
near here, vice-president (product
development) and head of R&D
operations, Ashok Leyland, N
Saravanan said, ‘We are futureready to make vehicles based on
alternative technologies. We will
‘The initial opportunity for the
plug-in electric vehicles that use
rechargeable batteries could
come from the bus segment’
show
the
Ashok
Leyland
h
h world
ld that
h A
h kL
l d
is ready for electric, hybrid and
ethanol engines based vehicles.
It is only a matter of time before
all these technologies become
relevant and for mass consumption, particularly in India.’ During
the symposium, proto-types of its
LCV ‘Dost’, 10 tonne electric truck,
10 tonne ethanol engine, 10 tonne
electric mini bus were on display.
Talking about the proto-types
he said, ‘The zero emission minitrucks and buses, which also run
Sector not in bubble territory:
y E&Y
Big brother’s advice for India
Describing the just concluded India trip of President Barack Obama
as a good news for the IT sector, a top industry body in Washington
has expressed hope that the new Indian government will shape an
environment in which technology trade and innovation can thrive.
The visit by President Obama has already set the stage for further
policy reforms in India, said Josh Rosenberg of the Information
Technology Industry Council (ITI).
‘The technology sector hopes that there will be similar commitments
by the Modi government to build upon the momentum of the past
several months and shape an environment that supports ICT trade
and growth in ICT manufacturing and investment’, Rosenberg said.
‘The ICT sector shares the goals of Digital India, but we also recognise that the government of India will need to commit itself to
establishing a better policy environment in which technology trade
and innovation can thrive’, he said.
i
i technology
h l
to d
do so continue
to d
drive
M&A (mergers and
acquisitions)’, the
report said.
The report said
that despite the surge
in investment ‘it was no
bubble’.
‘Despite the occasional ‘moonshot’
from a handful of deep-pocketed buyers, the vast majority of deals were
measured in reality-based multiples of
good-old-fashioned revenue, profit or
h flow’,
’ the
h EY report said.
id
cash
‘So while 2015 may not hit the
same lofty highs as 2014, we
fully expect another robust
year of technology M&A in
response to the transformations sweeping technology
and rippling through all industries of
the global economy’.
The report said the largest investments came in the ‘Internet of Things’
and semiconductors for various connected devices.
‘Manufacturing is
key to accelerate
growth’
NLC Chairman and Managing Director B Surender Mohan, Executive
e
NLC
Director, SME & Conveyor/Mines, N Ilamparuthi and others at the
e
Director,
one day workshop on ‘Success Experience of SME in Neyveli Mines’,,
one
held in
he
in Ne
Neyv
y el
yv
elii re
rece
cent
ntly
ly
y.
held
Neyveli
recently.
Niti Aayog’s first meet 6 Feb
Prime Minister Narendra Modi
will spell out the functional roadmap of the newly created Niti
Aayog at its fi rst meeting being
scheduled on 6 February.
The members of the Aayog
would have first hand experience
of Modi’s expectation from the
new body and also help them in
finalising the plan of action of the
new body which was formed on 1
January.
‘The first meeting of the NITI (National Institution for Transforming
India) Aayog is being scheduled
on 6 February. It is expected to
clear the air over the role the new
body will play’, a source said.
‘After the meeting it will be
clear, whether the Aayog will be
recognised as government body
or merely play the role of an economic think tank’, the source said.
Ericsson sales in India rise 20%
India emerged as the top growth
market for Swedish telecom gear
maker Ericsson which on Tuesday
reported 20 per cent rise in revenue
at 2,362 million Swedish Krona
(about Rs 1,753 crore) from the
country for the quarter ended 31
December, 2014.
Ericsson posted revenue of SEK
1,973 million (about Rs 1,463 crore
at current exchange rate) in the
same period a year ago.
‘Sales increased YoY mainly
due to higher operator spending
driven by continued growth in mobile data traffic. Global Services
sales showed a strong development
mainly as a result of the first panIndia managed services contract’,
Ericsson said in its report.
Ericsson mentioned India as its
third largest market with Japan and
both the countries contributed 4 per
cent to total sales of the company.
New Delhi, Jan 28 (PTI):
India needs to put special focus on
manufacturing to create thousands of
jobs and accelerate economic growth
to 9-10 per cent, a top government
official said.
Secretary in the Department of Industrial Policy and Promotion (DIPP)
Amitabh Kant said government would
give special attention on manufacturing sector to create jobs.
‘We have to create 33,000 jobs a
day and that is a challenge ... India
has to grow at 9-10 per cent for
decades and that is a challenge and
unless that happens it will be difficult
to create jobs and that growth will
come only through manufacturing’,
Kant said here at a FICCI function.
He said government is taking several steps to boost manufacturing
and boost economic activities in the
country.
‘You cannot have growth without
jobs...manufacturing is critical for
India and if manufacturing has to
grow then India needs to change its
mindset’, he added.
Apple makes
history,
once again
NT Bureau
Chennai, Jan 28:
Apple Inc posted a 29.5 per cent
jump in quarterly revenue, driven by
record sales of iPhone 6 and 6 Plus
smartphones.
According to reports, the company
sold 74.5 million iPhones in its fiscal
first quarter. Revenue rose to $74.6
billion from $57.6 billion a year earlier.
But revenues in China were up 70
per cent this quarter, in large part due
to a massive bump in iPhone sales.
The profit of $18 billion was the
biggest ever reported by a public
company, worldwide.
Why ethanol?
The zero emission mini-trucks
and buses, which also run on
ethanol, could find ready use
for inside city travel purposes
as well as to meet last mile connectivity requirements
on ethanol,
h
l could
ld find
fi d ready
d use
for inside city travel purposes as
well as to meet last mile connectivity requirements.’
‘The initial opportunity for the
plug-in electric vehicles that use
rechargeable batteries could come
from the bus segment.
It is in the process of developing
its electric bus in-house and it is
sourcing some of the parts from
Optare, Ashok Leyland’s subsidiary in the UK, which is focused on
the bus segment,’ he said.
Saravanan said further, ‘These
are concept vehicles and will come
at the right time. Some of these
vehicles will undergo validation
tests in the next few month.’
Talking about the National
Electric Mobility Mission Plan
(NEMMP) 2020, Saravanan said,
‘The industry needs to be ready
to tap the opportunities that could
emerge under the NEMMP regime
and Ashok Leyland is also gearing
up to that extent,’
CIN:L27104TN1959PLC003849
!
PART I - STATEMENT OF STANDALONE UNAUDITED RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2014
Rs in lakhs
SI. No
1
2
IN THE HIGH COURT OF
JUDICATURE AT MADRAS
ORIGINAL JURISDICTION
IN THE HIGH COURT OF
JUDICATURE AT MADRAS
ORIGINAL JURISDICTION
C.P. No. 18 of 2015
[CONNECTED WITH
C.A. NO. 1100 OF 2014]
IN THE MATTER OF
THE COMPANIES ACT, 1956
AND
IN THE MATTER OF SECTIONS 391
TO 394 OF THE SAID ACT
AND
IN THE MATTER OF THE SCHEME
OF ARRANGEMENT
BETWEEN
NOEL MEDIA & ADVERTISING PRIVATE
LIMITED
AND
SKYCON SOLUTIONS PRIVATE LIMITED
AND
THEIR RESPECTIVE MEMBERS
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Quarter ended
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(Eighteen months) ended
December 31, 2014 September 30, 2014 December 31, 2013 September 30, 2014
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C.P. No. 17 of 2015
[CONNECTED WITH C.A. NO. 1099 OF 2014]
IN THE MATTER OF THE COMPANIES
ACT, 1956
AND
IN THE MATTER OF SECTIONS 391 TO
394 OF THE SAID ACT
AND
IN THE MATTER OF THE SCHEME OF
ARRANGEMENT
BETWEEN
NOEL MEDIA & ADVERTISING PRIVATE
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NT Bureau
Chennai, Jan 28:
The Board of Directors of Wendt
(India) Ltd, have taken on record the
unaudited financial results for the
quarter ended 31 December 2014.
According to a press release, the
company, on a standalone basis,
achieved sales of Rs 2470 lakh during the quarter ended 31 December
2014 which is 14 per cent higher
than the last year’s level. The domestic sales has been at Rs 1884
lakh, which is 21 per cent higher
than the corresponding period of
last year, due to increased sales
to the user industry segments like
auto, engineering, ceramics, glass,
refractory etc.
The Profit After Tax (PAT) for the
current quarter has been lower by
14 per cent at Rs 164 lakh over the
corresponding period of previous
year.
On a consolidated basis, company’s sales stood at Rs 2963 lakh for
the current quarter which is 16 per
cent higher than the corresponding
period of last year with the Profit
After Tax (PAT) of Rs 238 lakh,
being five per cent lower to the corresponding period last year.
Hinduja Foundries Limited
CIN:L24111TN1974PLC006819
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"=<
NOTICE is hereby given that a meeting off
the Board of Directors of the Company iss
scheduled to be held on Thursday, Februaryy
; ~
\ Company to consider and take on recordd
among other businesses, the Un-auditedd
Financial Results of the Company for thee
quarter ended 31st December 2014.
5
Wendt India
performs well
Emission omission is
Ashok Leyland’s aim
IT biz hot,
but no boom
New York, Jan 28 (AFP):
Dealmaking in the tech sector
jumped last year to the highest levels
since the dot-com boom, a consultancy report said on Tuesday.
But the Ernst and Young report said
the sector is not in ‘bubble’ territory
and that the vast majority of the deals
over the past year were based on
‘reality-based’ valuations.
The report counted 3,512 mergers
or acquisitions in the tech sector in
2014, for a total value of $237.6 billion, the highest figure since 2000.
The pace slowed a bit in the fourth
quarter, with 959 deals and a total
value of $44.9 billion, EY said.
Around one-third of the value came
from ‘cross-border deals’ with companies from around the world snapping
up US companies.
‘Many buyers in other regions
targeted US technology companies
as part of a search for growth in an
uncertain global economy’, the report
said.
EY analysts said 2015 will likely be
another strong year for deals because
of the prospects for innovation.
‘Technologies that are transforming
entire industries- or have the potential
WEDNESDAY
28 JANUARY 2015
4
6
&
8
'
10
12
Income from operations
(a) Net sales/income from operations
(Net of excise duty)
(b) Other operating income
Total income from operations (net)
Expenses
(a) Cost of materials consumed
(b) Purchases of stock-in-trade
work-in-progress and stock-in-trade
!"#$%!
(e) Depreciation and amortisation expense
(f) Power and fuel
(g) Other expenses
Total expenses
*+"!$
%!":)
Other income
*+"#
$%!"<
Finance costs
*+"#
finance costs but before exceptional items ( 5 - 6)
Exceptional items(Refer Note 7)
*+"#
before tax (7 - 8)
Tax expense / (credit)
=*+"#
after tax (9 - 10)
Extraordinary items (net of tax expense Nil)
=*+"!:
14
Paid-up equity share capital
(Face value of Rs.10/- each)
Reserve excluding revaluation reserves as
per balance sheet of previous accounting year
Earnings per share (after extraordinary
items) (of Rs.10/- each) :
(a) Basic and diluted - (Rs.)
15
16
(Unaudited)
(Audited)
(See Note 2)
(Unaudited)
(Audited)
(See Note 7)
13,697.72
18,522.15
14,362.89
99,679.30
14.19
13,711.91
60.77
18,582.92
23.16
14,386.05
232.04
99,911.34
7,069.67
9,092.88
7,168.19
49,909.98
&&
1,434.27
2,325.92
2,284.20
16,004.88
&
1,216.78
2,944.77
5,067.36
21,358.66
'&
1,197.37
2,724.91
2,545.64
16,868.50
'
7,224.56
17,583.65
19,709.26
115,107.81
(2,292.97)
3.00
''&
2,014.85
(4,304.82)
(331.11)
(2,775.74)
79.33
'
2,020.50
(4,716.91)
(1,129.53)
(2,482.45)
31.52
;'
1,832.50
(4,283.43)
-
(15,196.47)
694.72
;&
(4,635.93)
'
(5,846.44)
(4,283.43)
(26,243.82)
'
7,265.46
7,265.46
2,873.07
7,265.46
10,612.54
(25,114.29)
(1,129.53)
(39,407.01)
(7.59)
(Not annualised)
(9.25)
(Not annualised)
(17.81)
(Not annualised)
(65.07)
(Not annualised
Part II
SI.No
S
Particulars
Quarter ended
Financial year
(Eighteen months) ended
December 31, 2014
A
1
PARTICULARS OF SHAREHOLDING
Public shareholding **
- Number of shares
- Percentage of shareholding
Promoters and Promoter Group
Shareholding
a) Pledged / Encumbered
- Number of shares
- Percentage of shares (as a % of the total
shareholding of promoter and promoter group)
- Percentage of shares (as a % of the
total share capital of the company)
b) Non - encumbered
- Number of shares
- Percentage of shares (as a % of the total
shareholding of the Promoter and
Promoter group)
- Percentage of shares (as a % of the total
share capital of the company)
2
September 30, 2014 December 31, 2013 September 30, 2014
(Unaudited)
(Audited)
(See Note 2)
(Unaudited)
(Audited)
(See Note 7)
33,394,726
45.96%
33,394,726
45.96%
7,289,309
25.37%
33,394,726
45.96%
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
Nil
38,038,850
38,038,850
20,220,402
38,038,850
100%
100%
100%
100%
52.36%
52.36%
70.38%
52.36%
AAG"*H$"J"
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Receipt Holders.
B
INVESTOR COMPLAINTS
Pending at the beginning of the quarter
Received during the quarter
Disposed of during the quarter
Remaining unresolved at the end of the quarter
Quarter ended
December 31, 2014
9
9
-
Notes:
4
5
&
8
G$H"$U$#KH!!$#VQ!
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ended June 30, 2014 of previous year were reviewed and not subjected to audit.
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31, 2014 is higher and the loss before tax is higher to the extent of Rs. 159 lakhs. Further, an amount of Rs. 279 lakhs representing the
carrying amount of assets with revised useful life as nil, has been charged to the opening reserves as on October 01, 2014 pursuant to the
!K;
The Company operates in a single business segment - castings. Further, the Company markets its products primarily in the domestic
markets. Hence there are no reportable geographical segments.
The Company’s performance has been impacted by automotive market slowdown, inadequate price compensation, volatile material prices,
"##"
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accumulated losses as at December 31, 2014 that have eroded the networth. In February 2013, the Company had intimated to the Board
for Industrial and Financial Reconstruction (‘BIFR’) about erosion of more than 50% of the Company’s peak networth pursuant to section
J^]H"!J!"*K'_J]K`G!#H!!!"
performance / liquidity, remove bottlenecks relating to its projects, improve the networth including raising of capital etc. Based on business
plans, availability of short-term and long-term bank funding arrangements and in view of the continued support by the promoters including
assistance in relation to certain long pending balances, the Company believes that it would be able to realize its assets and settle its liabilities
in the normal course at their carrying values and that no adjustments would be required in respect of the carrying value of assets/liabilities
Q$;K
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and the registration of the land in favour of the Company would be completed upon the Company commencing commercial
production before March 31, 2012. Whilst steps are being taken to implement the project on such land, the Company has not
been able to do so in view of the delays in basic infrastructural facilities (electricity, water supply etc) being made available to
!# G !# $ ^
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cancel the allotment of the aforesaid land and has requested the Company to surrender the possession of the vacant land by October
20, 2014 for which the Company sought a further extension of time up to September 2015. The Company has also communicated the
tentative timelines for implementation of the project. Based on legal advice, the Company believes that it has adequate grounds to defend
its position on retaining the possession of the land. Pending the resolution of the aforesaid matter, the associated project costs incurred
to date aggregating to Rs.1,658 lakhs (excluding land cost) have been carried at cost as at December 31, 2014.
G!#`!H"#U!J!$;;K
"#
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the stock exchange.
Exceptional item of Rs. 331.11 lakhs and Rs. 1129.53 lakhs for the quarter ended December 31, 2014 and quarter ended September 30,
2014 respectively, represent amount incurred towards voluntary retirement arrangements with the employees in one of the plants.
Place : Chennai
Date : 27.01.2015
Visit us at: www.hindujafoundries.in
G R V RAJAN
Managing Director
6 WEDNESDAY
28 JANUARY 2015
Sports
CHENNAI
Serena Williams books
berth in last four
Do or die battle
for Team india
Sydney, Jan 28 (PTI):
The Indian cricket team left for
Perth on Tuesday, keeping in mind
the need to overcome batting and
bowling worries ahead of their virtual semifinal against England in the
tri-series on Friday.
Despite the wash-out against Australia here on Monday, they would
have gone away happy from their
trip to Sydney.
The team arrived here knackered
from the long tour so far, which was
evident in the listless manner they
lost to England in Brisbane. That
defeat also meant the need to win
both their remaining matches to
qualify for the tri-series final in Perth
on February 1.
They practiced for two days, and
rested for another two, with the
match abandoned on Monday. All
in all the team management was
able to achieve a balance between
time-off and time spent on the field,
whilst gaining two points without
much sweat. Now their clash with
England on Friday assumes the
simple nature of a semi-final: winners progress and play Australia
on Sunday.
The Men in Blue did miss out
an opportunity though, and it was
to test their new-found bowling
combination. At Melbourne, skipper MS Dhoni had chosen three
medium-pacers and two spinners.
At Brisbane, there were three
medium-pacers, one spinner and
Stuart Binny playing the all-rounder
card. Thanks to his individual good
showing against England, he was
retained in the eleven, with two
spinners and two medium pacers the preferred combination at
Sydney.
Of course Monday's selection was
also influenced by the conditions,
cloud-cover and rain having a major
say on the day. Even so, despite
the need to play two spinners at the
SCG, the team management still
preferred to keep Binny in the mix.
Madison Keys geared up for big challenge
Melbourne, Jan 28 (AFP):
A fired-up Serena Williams shot
down last year’s finalist Dominika
Cibulkova today to set up an allAmerican Australian Open semi-final
with teenager Madison Keys, who
brought sister Venus’ dream run to a
grinding halt.
Unlike her earlier sluggish matches,
Serena was in the zone from the off
against the dangerous Slovak, a
steely look in her eyes as she walked
onto Rod Laver Arena soon after
Venus lost to Keys.
The powerful world number one
blasted 15 aces to pummel the 11th
seed 6-2 6-2 in just over an hour
and make her 26th Grand Slam
semi-final. She has gone on to win
18 major titles.
I knew that I had to beat her today
because she was in the final and she
plays really well on this court so I’m
really happy to go through, said Serena, who has been battling a cold and
madison keys
Makarova.
The unseeded Keys, 19,
is the tournament surprise package, battling
hard to beat a resurgent
Venus 6-3 4-6 6-4 and
end any chance of the sis-
Serena Williams
could
barely
talk.
Long-time rival Maria Sharapova made the last four yesterday and will face fellow
Russian Ekaterina
Smith to be appointed
ODI captain after WC
Clarke’s recurring
fitness issues and
his continuing
absence during
India’s tour has
forced Cricket
Australia to juggle
with a couple of
leadership options
Sydney, Jan 28 (PTI):
Michael Clarke may just meet the
fitness deadline to lead the national
team into the World Cup starting
February 14, even as many Australia
cricket officials are mulling appointing Steven Smith as full-time captain
after the 50-over showpiece event.
Clarke’s recurring fitness issues
and his continuing absence during India’s tour has forced Cricket Australia
to juggle with a couple of leadership
Steven Smith
options in the Test and ODIs and it
is learnt that the decision makers
are keen for a permanent change of
guard before this year’s Ashes tour
of England.
According to Fairfax Media, senior
sources in the Australian game say
that an ideal scenario discussed
is for the 33-year-old to stay in the
team, with few disputing that as a
world-class batsman he remains in
Sunil Narine
The powerful world number one
blasted 15 aces to pummel the 11th
seed 6-2 6-2 in just over an hour and
make her 26th Grand Slam semi-final.
ICC launches official WC App
Australia’s best XI when fit, but play
under the leadership of Smith.
CA chief executive James Sutherland though said of Clarke on Tuesday that he retained a huge amount
of confidence in Michael as a player,
captain and a leader.
But if reports are to be believed
then there is angst over public positions taken by the captain in the past
three months and concern about the
growing distance between him and
Australian teammates.
Both Sutherland and CA’s Team
Performance manager Pat Howard
have denied that there had been
discussions about Clarke being
replaced.
Any decision on the captaincy
would have to be confirmed by the
CA board, but would be based on
the recommendation of the selection
panel, headed by Rod Marsh.
Clarke said this week that he wanted to continue in the captaincy long
term, telling Fairfax Media: I think I’ve
earned that respect.
Why did Naraine pull off from WC?
St John’s, Jan 28 (AFP):
West Indies Cricket World Cup
chances suffered a major blow
with mystery spinner Sunil Narine
withdrawing from the squad for the
tournament in Australia and New
Zealand.
According to a release from the
West Indies Cricket Board (WICB)
yesterday, Narine requires more
time to be able to confidently bowl
for a sustained period in international cricket with his new action.
While the Trinidadian mystery
spinner has not been under any
cloud of official sanction from the
International Cricket Council, his
action was deemed on two occasions during the Indian Champions League T20 tournament last
ters meeting in a Grand Slam semi for
the first time since Wimbledon 2000.
Keys did the job despite carrying a
left thigh injury, needing a medical
timeout in the second set for treatment.
I think just being able to come back
from being down and from not being
able to move as well ... just being
able to kind of grind through that, still
manage to win some points, is what
I’m most happy about, she said.
Among the men, Andy Murray and
Tomas Berdych are already safely
into a semi-final showdown after
beating Nick Kyrgios and Rafael
Nadal respectively yesterday.
September to be illegal.
It was ruled to be in violation of the 15-degree allowance of straightening of the
bowling arm and he was
banned from appearing for
his franchise, the Kolkata
Knight Riders, in the final.
Narine declined an offer
from the WICB to assist with
remedial work to his action
and pursued the corrective
process on his own.
His first competitive foray
since the ICL experience
was the Nagico Super50 regional 50-over tournament in
Trinidad and Tobago which
concluded on Sunday.
Dubai, Jan 28 (PTI)"
The International Cricket Council
(ICC), in partnership with Reliance
Communications, today
launched the official ICC
Cricket World Cup 2015 app.
The app is now available
for free download from the
App Store and Google Play.
The ICC Cricket World Cup
2015, the 11th edition of
cricket's flagship event, gets
underway on February 14 and will
see 14 of the best teams in the world
compete for the game's top prize.
The 2015 edition of the ICC Cricket
World Cup promises to be the biggest and best in the event's
history.
Whether fans are on the
ground in Australia and New
Zealand or anywhere around
the world, anybody can get
closer than ever before to
the event by downloading
the new ICC Cricket World
Cup 2015 App for free direct to their
smartphone or tablet.
City Sports
Hunt for Fastest
Indian ends
NT Bureau
Chennai, Jan 28:
The first edition of ‘GAIL-The
Fastest Indian', India's most
ambitious sports talent hunt with
an aim to identify Olympic medal
winners in Athletics, reached its
crescendo recently.
Union Minister of State (Independent Charge) Shri Dharmendra Pradhan, Padma Shri
Milkha Singh, GAIL chairman
and managing director B C
Tripathi and other dignitaries
attended the event.
The grand finale of the event,
which has traversed through 19
cities across the country from
Guwahati to Ahmedabad, Kochi
to Chandigarh, was held at The
Thyagaraj Sports Complex, Delhi.
A total number of 3 boys and
3 girls in different categories
emerged as winners out of the 48
participants in GAIL - TFI finals.
During the league stage, the GAIL-
TFI engaged over 5,000 boys and
girls in the age group of 12-14
years across the country in last 4
months.
The winners will now be groomed
with an aim of making them next
Milkha of India and securing medals for the country in 2020 Tokyo
Olympics. They will be provided
specialised training from renowned
national and international sports
trainers as well as complete scholarship up to post-graduation.
Besides, Flying Sikh of India, Shri
Milkha Singh, who is also the principal mentor of the event, will be
providing his valuable guidance to
the winners.
Speaking on the occasion, Shri
Milkha Singh, principal mentor of
the event, said,' I am very happy
that we now have Talented Young
Athletes who will be thoroughly
trained and groomed for the Tokyo
Olympic 2020. This project was the
need of the hour; it has helped in
finding many bright talents from the
length and breadth of this country.'
Ivanovic sinks Liverpool as Chelsea reach final
London, Jan 28:
Branislav Ivanovic`s extra-time
header sent Chelsea into the League
Cup final at Liverpool`s expense as
the London club edged a breathless semi-final second leg 1-0 on
Tuesday.
The Serbian`s goal gave Jose
Mourinho`s side a 2-1 aggregate
win, taking them into a 1 March final
against either Tottenham Hotspur or
Sheffield United and cutting off one
of Liverpool captain Steven Gerrard`s
paths to a golden send-off before
his departure for the Los Angeles
Galaxy.
The 34-year-old now has only the
FA Cup and Europa League to aim
for, while Chelsea remain on course
for three trophies after bouncing back
from their humiliating 4-2 loss to thirdtier Bradford City in the FA Cup.
Tuesday`s gruelling encounter at an
electrified Stamford Bridge will have
taken its toll on Mourinho`s squad,
however, ahead of Saturday`s crucial
home game with title rivals Manchester City in the Premier League, with
Cesc Fabregas notably forced off
by injury.
Chelsea striker Diego Costa is also
at risk of respective punishment after
twice appearing to stamp on Liverpool players -- Emre Can in the first
half and Martin Skrtel, with whom he
fought a running battle, in the second.
Last week`s first leg was also a
spiky affair and a number of contentious incidents made referee Michael
Oliver the centre of attention during a
break-neck first half in west London.
Chelsea had two penalty appeals
turned down, firstly when a shot from
Willian struck Lucas Leiva on the
hand and then when Skrtel appeared
to catch Costa with his foot as the
burly Spain striker looked to wriggle
down the byline.
The second appeal
was particularly compelling, but Liverpool
felt that Costa should
have already been sent
off by then after he trod
on Can`s ankle
right in front
of the two
dug-outs.
Mourinho
m a d e
n i n e
changes to
the
team humbled
but Kurt Zouplace ahead
Cahill at
Chelsea
by Bradford,
ma kept his
of Gary
centre-back
and the
20-year-old
Frenchman
made an uncertain start.
He had to sprint back
to dispossess Raheem
Sterling after misjudging
a header on halfway and
when Philippe Coutinho
took him out of the game
with a body-swerve, Thibaut
Courtois was obliged to block
with his feet.
Courtois also jutted out a
hand to parry a shot from
Alberto Moreno, who had
been released by a glorious pass from Gerrard, but
Chelsea finished the half
strongly, with Oscar twice shooting keeper Simon Mignolet twice thwartwide.
ing Costa.
Moments later, Mourinho reacted
Both teams lost players to injury
early in the second period, with Fab- furiously when Jordan Henderson,
regas hobbling off after being caught who was on a booking, handled the
by his own captain John Terry before ball but avoided a second caution.
Mamadou Sakho ceded his place to
Glen Johnson.
Round Two of the
The
Costa-Skrtel clash,
ash,
Serbian`s
meanwhile, saw
aw
the Slovakian de-goal gave Jose
fender left in a
Mourinho`s side a 2-1
heap after the
Chelsea striker
aggregate win, taking
landed on his
them into a 1 March final
foot.
Chelsea beagainst either Tottenham
gan to take
Hotspur or Sheffield
charge, with
Eden Hazard and
nd
United
Ramires shooting
ting
wide and Liverpool
ool goal-
Mixed Bag
CHENNAI
Snowstorms
continue to
lash US
q Blizzard hits Boston,
New England, spares New York
Boston, Jan 28:
Snowstorms that started Monday evening across the US northeast
coast continued to ravage the region, but New York City was spared the
worst of the blizzards.
WEDNESDAY
28 JANUARY 2015
7
Deep impact
l
l
l
l
l
People cross a snow covered Broadway in the Upper West Side
neighborhood of New York.
Boston-area trains, buses and subways were set to
resume normal service on Wednesday but delays were
predicted.
More than half of homes and businesses were still without
power and crews working to restore electricity were at
times getting stuck on roads throughout the day.
Lacking electricity and heat at home, people flocked
to shelters at high schools and others simply warmed
themselves in their running cars.
Icy flooding closed island of Nantucket`s downtown
waterfront, white-out conditions forced some roads to be
shut down and ferry and plane service was cancelled.
Storm-driven coastal flooding added to the state`s woes,
as low-lying towns south of Boston grappled with rising
water.
Less destructive
Escaping the eye
US meteorologists apologised after the so-called ‘Storm of
the Century’ proved to be less destructive than
predicted. Blizzard warnings that forecast up to
3 feet, or about 91.44 cm, to fall in New York
City led officials to close schools, cancel flights
and institute a statewide travel ban. But the
snowstorm did not pummel parts of New York,
New Jersey and Pennsylvania with the same punch
that forecasters had predicted.
Further south, New York, New Jersey and Connecticut
escaped the worst of the storm, despite dire predictions by
meteorologists and officials. Travel bans in those states
were lifted, and New York City`s subway system was
restarted after being closed for 10 hours.
The heaviest snowfall was recorded outside Boston, with
36 inches (91.4 cm) in Lunenburg, Massachusetts, and
35 inches (88.9 cm) reported in Auburn, according to the
National Weather Service.
Army pays tribute
to Colonel Rai
ALMIGHTY IS OUT
q Applause continues for the braveheart
The processional deity of the Almighty was taken out on Garuda
vahanam as part of the annual brahmotsavam at Ulagalantha Perumal
Temple in Kanchipuram today.
Srinagar, Jan 28:
The Indian Army today paid a poignant tribute to Colonel MN Rai, the
braveheart who laid down his life in
the line of duty in Kashmir yesterday
- 24 hours after he was awarded a
Republic Day gallantry medal.
Thirty nine-year-old Colonel Rai
was the commanding officer of 42
Rashtriyta Rifles. He along with J&K
Police constable Sanjeev Singh
made the supreme sacrifice after
neutralising two terrorists in Tral
area of Pulwama.
Colonel Rai was awarded the Yudh
Seva Medal on Monday (Republic
Day) for killing a foreign terrorist in
a close encounter last year. The
Yudh Seva Medal is awarded for
the highest degree of distinguished
service in a war or conflict.
Fellow Army men and his friends
remember Rai as a daring officer.
Rai’s last status on the mobile messaging service WhatsApp, posted
two months ago, read: ‘Play your
role in life with such passion, that
even after the curtains come down,
the applause doesn’t stop.’
Srirangam: The
floor is closed
q 46 nominations so far, 30 on last day alone
NT Bureau
Trichy, Jan 28:
As many as 46 candidates have
filed their nomination papers for
the Srirangam by-election on 13
February. On the last day of filing
of nominations on Tuesday, 30
nominations were filed.
The scrutiny of the nominations is
being taken up today in the presence of the candidates. Invalid
nominations will be rejected. Still,
the candidates will be given time
to opt out of the election till January
30. The polling will be held on 13
Tamil daily warned
of ‘Charlie Hebdo
style’ attack
Chennai, Jan 28:
Dinamalar, a Tamil newspaper,
has reportedly received threat of an
attack similar to the one by Islamist
State militants on French satirical
magazine Charlie Hebdo.
‘We have received the letter from
the newspaper and a probe is on,’
a senior police official said.
The letter, typed in English, says
‘Yesterday-Paris Charlie Hebdo,
Tomorrow - Dinamalar.’ The words
appear against the background of
India’s map.
The letter was sent by post by
unidentifi ed elements claiming to
belong to an outfit called ‘The Base
Moment,’ and said to be based at
‘3/10, Ukkadam, Kovai, Tamilnadu,
India.’
February. The big fight of course
will be between AIADMK’s S Valarmathi, DMK’s N Anand, BJP’s
M Subramaniam and CPI(M)’s
district secretary K Annadurai.
The AIADMK, which
polled around 58
per cent votes in the
2011 Assembly elections is contesting on
its own without seeking the support of any
other party. The party
polled around 52 per cent
votes in Srirangam Assembly
segment in the 2014 Parliament
elections.
The DMK, which secured
about 35 per cent votes with
the support of Congress in
the Assembly polls, sought the
support of all opposition
parties. But party chief
M Karunanidhi’s call for
support was ignored by
all, including its former
ally, the Congress.
Valarmathi, Anand and
Subramaniam have started
canvassing for votes.
MN Rai
Colonel Rai was awarded the
Yudh Seva Medal on Monday
(Republic Day) for killing a
foreign terrorist in a close
encounter last year
Constable Sanjeev Singh was also
known for his guts and his commitment to his duty. Singh’s WhatsApp
status, posted 48 days ago read: ‘It
was my duty to shoot the enemy,
and I don’t regret it. My regrets
are for the people I could not save:
soldiers, buddies, innocents, etc.’
Speaking to reporters after a
wreath laying ceremony was held
in their honour, Lt Gen Subrata
Saha, General Officer Commanding
of Srinagar based 15 Corps, said,
‘They made the supreme sacrifice
yesterday in a daring operation
at Tral. The supreme sacrifice of
these two brave men only strengths
our resolve to fight all elements
inimical to the security of Jammu
and Kashmir.’
‘Colonel Rai always lead from the
front, leading his men,’ Saha said.
Describing the sequence of events,
the army officer said Col Rai was approached by father and brother of one
of the slain terrorists with he would
like to surrender and while Rai was
hearing them out the terrorists burst
into the scene firing indiscriminately.
Colonel Rai displayed quick thinking and retaliated immediately and
after a brief and intense fire fight the
two terrorists were eliminated. The
slain militants were identified as Abid
Ahmad Khan and Shiraz Ahmad Dar
of Hizbul Mujaheedin outfit.’Col Rai
combined bravery with compassion,’
Lt Gen Saha said.
Col Rai is survived by his wife, two
daughters and a son.
Modi salutes
courage of officers
Prime Minister Narendra today saluted the indomitable courage and
valour of the army on the occasion
of 67th Army Day and said he was
proud of their determination.
‘On Army Day, I salute the indomitable courage and valour of our
army. We are extremely proud of
their dedication and determination,’
he said in a statement.
All three service chiefs - Army
Chief General Dalbir Singh Suhag,
Chief of Naval Staff Admiral Robin
K Dhowan and Air Chief Marshal
Arup Raha - paid tributes at the
Amar Jawan Jyoti here at India Gate
Thursday morning.
Army Day is observed on 15 January every year.
The day is of great significance
and is observed to commemorate
the appointment of Lt Gen (later
Field Marshal) KM Cariappa as the
first Indian Commander-in-Chief of
the Indian Army in 1949.
AIADMK to
pay tributes
to Anna
NT Bureau
Chennai, Jan 28:
The ruling AIADMK will remember
former Chief Minister C N Annadurai
on his 46th death
anniversary on 3
February, by paying tributes at his
memorial.
According to a release from the
AIADMK headquarters, the party’s
presidium chairman E Madhusudhanan and others will offer floral tributes at Anna Memorial on Marina.
The party will observe his death
anniversary in other parts of the
State and in Puducherry, Karnataka, Andhra Pradesh, Maharashtra,
Kerala, New Delhi, Andaman and
other places.
A SEA OF HUMANITY
Large number of devotees gathered on the occasion of Thai Kiruthigai at Thiruvalleswarar Temple at Padi
in Chennai today.
Postal Services Board member Anjali Devasher giving away national
awards for outstanding performance in postal life insurance and rural
postal life insurance in Chennai yesterday. Chief Post Master General,
Tamilnadu Circle T Murthy and Postal Life Insurance chief general
manager V Pati are present.
‘Focus on rural
postal life insurance’
NT Bureau
Chennai, Jan 28:
Rural areas will be the subject
of attention when it comes to rural
postal life insurance, said Anjali
Devasher, member, Postal Services
Board (Postal Life Insurance) and
chairman of Investment Board.
She was the chief guest at a
function held here yesterday to
give away the National awards for
outstanding performance in postal
life insurance and rural postal life
insurance.
‘We want to enhance the insurance
to remote rural pockets, she said,
adding that, ‘postal life insurance
was started as an in-house life
insurance scheme for the postal
employees in 1884 and is now available to all employees of the Central
and State governments including
the defence and paramilitary forces,
employees of PSUs, public sector
commercial banks, autonomous
bodies and universities and government aided educational institutions’.
‘We plan to take various measures
with an objective of delivering better services. We wish to bring new
products, train our marketing and
sales force’, she said.
‘We have comprised a task force
under CGM PLI, to look into this.
We also intend to bring out policies
for girls and women’, she explained.
Talking about the IT project of India Post, Devasher said that it will
be rolled out once it is implemented
in all the seven pilot circles.
T Murthy, Chief Post Master General, Tamilnadu circle (Chennai)
welcomed the gathering.
V Pati, chief general manager of
Postal Life Insurance also spoke
at the event.
8WEDNESDAY
28 JANUARY 2015
, CHENNAI
Licensed to post without prepayment under WPP. No. TN / PMG / (CCR) / WPP-470 / 15-17
Kamal Hassan, Pooja Kumar
in Uttama Villain
DOUBLE
DHAMAKA
E
ros International Media Limited announced
that its music label, Eros Music has acquired the audio rights of two upcoming
releases - romantic comedy Maane Thaene
Paeye and thriller Pencil. This follows the successful acquisition of Studio Green’s Darling and
Tamiluku En Ondrai Aluthavum.
The sound track of N Krishna’s Maane Thaene
Paeye, starring Aari, Subhashree Ganguly and
Daniel Balaji is composed by C Sathya while
debutant Mani Nagaraj’s Pencil starring G.
V. Prakash Kumar and Sri Divya
is composed by G V Prakash
Kumar himself.
Speaking on the announcement, Deepak Bali, general
manager- Music Division, Eros
International Media said, ‘With
this acquisition, we look forward
to strengthen our portfolio in
the Tamil music market. Our
foray with Kaththi, Lingaa
and Darling has been successful and we are looking
at leveraging our strength
by releasing such exciting
film albums. We are proud
to associate with C Sathya
and are confident about the
success of the super melodious compositions of Maane
Thaene Paeye. G V Prakash has composed great music for Pencil and we are sure
that Pencil as an album will touch every
youngster’s heart’.
— NT Bureau
Uttama
Villain
audio soon
According to Lingusamy of
Thiruppathy Brothers, ‘the
audio of Uttama Villain will be
out soon’. Directed by Ramesh
Aravindh and jointly produced
by Thiruppathy Brothers and
Rajkamal Internationals, the
movie has Pooja Kumar and
Andrea as heroines. Parvathy
is also in the cast.
The high point of the movie is that veteran filmmaker
K Vishwanath and director
K Balachander (who passed
away recently), are also in the
cast. Uttama Villain has music
by Ghibran. The trailer was
launched recently and received
good reception. Eros International, will be distributing Uttama Villain. Speaking about
the film, Ramesh Aravind,
says, ‘Kamal Haasan has given his best. Uttama Villain is
complete and post-production
works are on.’
— NT Bureau
ONE TOO
C
many this
week
ome this Friday, a host of movies are hitting the
screens. S A Chandrasekhar’s Touring Talkies, S J
Suryah’s Isai, R K Selvamani’s Pulan Visaranai 2 and
Bharath starrer Killadi will be out.
Touring Talkies is directed and enacted by S A Chandrasekhar. It has two stories in one film. The highlight of
the movie is that it has music by Ilayaraja. Says S A Chandrasekhar, ‘The movie chronicles the events that takes place
in the life of an individual from his teens till his old age’.
Isai is written and directed by S J Suryah. He plays
the lead role and has also scored the music. Sathyaraj
and newcomer Savithri form part of the cast. The
movie revolves around the lives of two music composers and their travails. On scoring music, Suryah,
said, ‘It was A R Rahman who motivated him to take
up the challenge’.
G V Prakash Kumar and
Sri Divya in Pencil
Pulan Visaranai 2 by R K Selvamani’s was lying in
the cans for a long time. It features actor Prashanth
along with Karthika and Ashwini in the lead. Giving details, the director says, ‘The sequel will have
Prashanth playing an IPS officer, posted in Delhi. The
link between the first and the second part will be the
beginning of the sequel.’
TAP THE TAP
Killadi, after many delays will finally hit the screens
on 30 January.
Directed by A Venkatesh and produced Salem Chandrasekhar has Nila playing the heroine. Vivek plays
the comedian. Srikanth Deva scores the music. Financial difficulties were said to be the season for the
delay. Says Bharath, ‘It would be a movie to reckon
with in my career and I am confident that delay will
not hamper its prospects’.
They say conserve water and it is also written on this water tank. But in reality, it has developed crack at Vandalur Zoo and authorities have
not taken any steps to rectify the same. A young girl has a look at it.
Photo: PAUL TIMOTHY
Atharva’s
next is
Chandi Veeran
Following the success of Bala’s
Paradesi and Myskkin directorial Pisasu, Bala’s B Studios is
ready with their next titled Chandi
Veeran.
It is directed
by Sargunam
and stars
Atharva and
Kayal Anandhi
in the lead.
C h a n d i veeran was
shot in a single schedule
and the movie
Atharva
completed. M
S Sharavanan’s Sri Green Studios
will be releasing Chandi Veeran
across Tamilnadu.
Remember they released in
the past successfully movies
like Salim, VVS and Vellakaradurai Sri Green Productions
has acquired the Tamilnadu,
Kerala and Karnataka theatrical
rights of Chandi Veeran. Audio
release of Chandi Veeran will
happen soon.
— NT Bureau
A
A still from Vajram
Problems &
solutions
T
he audio of Vajram, directed by Ramesh Selvan was launched in a gala
manner in Chennai on Monday. Vajram deals with the problems in
the educational system. Pasanga boys play the lead roles.
It may be noted that the quartet did a fabulous job in Pasanga with two
of the lads -- Sreeram and Kishore landing national awards.
They subsequently did well in Goli Soda, directed by Vijay Milton. The
movie spoke about the lives and travails of boys employed in the city’s
Koyambedu vegetable market. Interestingly, the newly-elected officebearers of Producers Council - Kalaipuli S Dhanu and his team released
the audio. The movie has music by Faizal.
— NT Bureau
mong the various key moments in US President
Barack Obama’s visit, one
that delighted Indians was his reference to actor Shah Rukh Khan’s
iconic DDLJ dialogue.
At his farewell speech at Siri Fort,
Obama made two references to
SRK, first while apologising for not
being able to dance by saying, ‘Senorita, bade bade deshon mein...
you know what I mean’.
The President’s unexpected
‘filmy’ moment could not have
come at a better time for the Bollywood actor whose popularity
transcends language and borders.
Following the speech, the actor
took to Twitter to invite Obama to
match his steps for the song ‘Chaiyya Chaiyaa’. ‘Proud 2 b part of the
gender & religion equality speech
of Pres. Obama. Sad he couldn’t
do the Bhangra...next time Chaiyya
Chaiyya for sure’, he tweeted.
The actor who is reported to be the
second most richest film actor worldwide, commands a huge fan following,
with several surveys suggesting that
his popularity beats that of Hollywood
stars Brad Pitt and Tom Cruise.
The bomhomie between the
world’s most powerful man and
the actor is expected to boost the
global appeal of Brand Shah Rukh,
feel trade analysts.
Brand SRK gets
Barack boost
q Obama’s reference ups
Shah Rukh’s market value
Barack Obama
The actor put all speculations regarding his waning superstar status
to rest, with his Slam! The Tour,
where the crew of Happy New Year
performed in the US and UK.
In a recent brand valuation study,
Shah Rukh Khan, who endorses
several brands, emerged as one of
the two celebrities in the country with
Shah Rukh Khan
more than $100-million valuation.
A number of blockbusters to his
credit, owning an IPL team, a successful production house and now
recognition from the US President
himself, Shah Rukh has certainly
proved why he is the Badshah of
Bollywood.
— NT Bureau
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