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India News on January 20, 2011


Flag hoisting row: Omar Abdullah refuses entry to BJYM
Jammu and Kashmir Chief Minister Omar Abdullah has refused to give entry to the Bharatiya Janata Yuva Morcha (BJYM), who have planned to hoist the national flag at the historic Lal Chowk in Srinagar on Republic Day. ANI

Adarsh scam: Maharashtra Governor suspends Information Commissioner Tiwari
Maharashtra Governor K Sankaranarayanan has suspended Information Commissioner Ramanand Tiwari for his alleged role in the controversial Adarsh Housing Society scam in Mumbai. ANI

Decline in food inflation not much consolation, says Mukherjee
Finance Minister Pranab Mukherjee on Thursday said the decline in food inflation to 15.52 per cent for the week ended January 8, is not much consolation, and added that the government will continue to take steps to control rising prices. ANI

Peace talks with ULFA on right track, says Gogoi
Assam Chief Minister Tarun Gogoi on Thursday said the peace talks with United Liberation Front of Assam (ULFA) is on the right track and will continue even without the separatist group's commander-in-chief Paresh Baruah. ANI

No cover-up in disclosing names of people having Swiss bank accounts: Antony
A day after the Supreme Court pulled up the government over black money stashed abroad, Defence Minister A K Antony on Thursday said there will be 'no cover-up' in disclosing the names of people, who have Swiss bank accounts. ANI

BSP Govt. taking Banda rape case 'very seriously': Mayawati
Uttar Pradesh Chief Minister Mayawati on Thursday said the Bahujan Samaj Party (BSP) Government led by her is taking the Banda rape case 'very seriously', and added that strict action will be initiated against those who have taken the law into their hands. ANI

Kamat calls on Chidambaram after assuming charge as MoS (Home)
Gurudas Kamat, who assumed office as Minister of State in the Ministry of Home Affairs called on Union Home Minister P. Chidambaram here on Thursday. ANI

Maken asks for payment of CWG dues within ten days
Ajay Maken, who assumed charge as Minister of State (Independent Charge) in the Ministry of Youth Affairs and Sports here on Thursday told the sports secretary to issue directions to the government officers working in the Commonwealth Games Organising Committee to clear within ten days all the legitimate payments after thorough verification. ANI

PM flags off MNP service, says telecom sector one of India's success stories
The Prime Minister, Dr. Manmohan Singh, who formally launched the nation-wide rollout of Mobile Number Portability (MNP) service here on Thursday said telecom sector is one of India's known and praised success stories, and added that the occasion marks a very important milestone in the evolution of telecommunications in India. ANI

Reddy rules out diesel price hike
New Petroleum and Natural Gas Minister S.Jaipal Reddy on Thursday ruled out any increase in diesel prices, even though oil companies are losing Rs.7 per litre on the sale of transport fuel. ANI

India-Korea trade target of 30 billion dollars to be achieved by 2014: Anand Sharma
Union Commerce and Industry Minister Anand Sharma on Thursday said the trade target of 30 billion dollars between India and the Republic of Korea would be achieved by 2014. ANI

Budget Session of Parliament to start on Feb. 21
The Budget Session of Parliament will begin on February 21. ANI

UN Special Envoy addresses human rights issues in Kashmir
Margaret Sekaggya, the United Nations on Human Rights rapporteur met victims of violence and also addressed a meeting convened by the social activists. ANI

Jayalalithaa slams Kapil Sibal for faulting CAG report
All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary J. Jayalalithaa has criticized Telecom Minister Kapil Sibal for faulting the Comptroller and Auditor General (CAG) report that accuses former Telecom Minister A. Raja for his role in the 2G scam. ANI

Cabinet approves proposal to set up world-class drug research institute in Lucknow
The Cabinet Committee on Economic Affairs on Thursday approved a proposal of the Council of Scientific and Industrial Research (CSIR) for the revised cost estimate of its project of setting up a world-class drug research institute at Lucknow. ANI

Union Cabinet declares January 25 as 'National Voters' Day'
The Union Cabinet on Thursday approved the declaration of January 25 every year as 'National Voters' Day' beginning from this year and to provide voters a badge with its logo and the slogan "Proud to be a voter - Ready to vote". ANI

Blackberry manufacturers say talks with Indian Government positive
Research In Motion Ltd. Thursday said its talks with the Indian Government over access to deciphering corporate emails sent through its BlackBerry smart phones are "ongoing and positive". ANI

Praful Patel determined to strengthen foundation of his new ministry
Former Civil Aviation Minister Praful Patel, who assumed charge of the Ministry of Heavy Industries on Thursday said the foremost duty of his new ministry would be to strengthen the foundation of heavy industries and public sector enterprises. ANI

ED issues notice to suspended Madhya Pradesh IAS couple
The Enforcement Directorate (ED) on Thursday issued notices to suspended Madhya Pradesh Indian Administrative Service (IAS) couple Arvind and Tinu Joshi for allegedly violating the Foreign Exchange Management Act (FEMA). ANI

Sabarimala stampede: 'Consider cancelling pilgrimage through Pullmedu', says court
Unimpressed by the reports submitted before it on the Sabarimala stampede, the Kerala High Court has said if the government cannot take basic safety precautions, it should consider cancelling the pilgrimage through the tricky narrow stretch, where 102 pilgrims lost their lives at Pullmedu in Idukki district last Friday. ANI

Srinagar Corps Commander Hasnian says terror infrastructure active across border
Indian Army's 15 Corps Commander Lt. Gen S. A. Hasnian has said that terror infrastructure is still active across the border. ANI

Displaced Kashmiri Hindus stage protest in Srinagar
Displaced Kashmiri Hindus staged protest against the government inaction over their resettlement issues in Jammu. ANI

Two Maoist sympathisers arrested in Chhattisgarh
Chhattisgarh Police arrested a chemist shop owner and two Maoist sympathisers in Dantewada district on Wednesday. ANI

Mobile Number Portability service comes into effect today
The Prime Minister, Dr. Manmohan Singh, will formally inaugurate the nation-wide rollout of Mobile Number Portability (MNP) service today. ANI

BJP youth wing will spearhead flag hoisting in Srinagar: Sushma Swaraj
Even as the Bharatiya Janata Party (BJP) has reiterated its determination to hoist the Tricolour in Srinagar on Republic Day, the party leadership has revealed that its youth wing will be involved in the event. ANI

Dalrymple spat reminds us why we may still be mentally colonized
"The colonial hangover afflicts not us, but them." So says Will Heaven of the UK Telegraph, http://blogs.telegraph.co.uk/news/willheaven/100072376/a-fuming-william-dalrymple-declares-war-on-a-piece-of-blatantly-racist-indian-journalism/reflecting on the spat between Hartosh Singh Bal and William Dalrymple. ANI

IndiaMART.com Brings “More Buyers, More Suppliers, More Business” to MSMEs
- Extends its brand campaign to Print & Online media along with Radio, goes local with laser focused marketing strategy - To run for over two months across the country - Outdoor campaign to commence in February - Focus on synergising business opportunities for buyers & suppliers through marketplace - IndiaMART Business Wire India

LG’s Cinema 3D Television Makes it Big in The Consumer Electronics Show – 2011
Globally renowned Consumer Electronics Show – Jan.2011 being held in Las Vegas Convention Center has been a great platform for showcasing the best of the technology that are for today’s generation, the need of the hour. The gadgets showcased fulfill high purposes and make our lives a bit simpler and entertaining Business Wire India

HCL Infosystems Bags Order from Assam Electronics Development Corporation Ltd
Business Wire India

SRF’s Q3 PAT at Rs.171 crore, a Growth of 350%
• Q3 FY 2010-11 revenue at Rs. 844 crore, 72% growth • Q3 FY 2010-11 PBT at Rs. 237 crore, 355% growth • 9M FY 2010-11 PAT at Rs. 347 crore, 74% growth • 9M FY 2010-11 revenue at Rs. 2211 crore, 46% growth SRF Limited, a multi-business entity engaged in the manufacture of chemical based industrial intermediates, posted a net profit after tax (PAT) of Rs Business Wire India

Progressive Infotech implements Private Cloud at Indian Institute of Technology, Delhi
Progressive Infotech, a leading independent provider of IT Infrastructure Solutions and Services, has recently implemented India’s first private cloud at Indian Institute of Technology (IIT), Delhi. With this installation, IIT Delhi will be able to consolidate its entire departments into a common account Business Wire India

element14 Introduces Helieon® Sustainable Light Modules
element14, formerly known as Farnell Electronics (I) Pvt limited, the industry’s first fusion of commerce and community supporting millions of engineers and purchasing professionals worldwide, today announced the latest additions of the highly efficient and simple-to-use Helieon™ Sustainable Light Module to its expansive inventory of over 120,000 unique components Business Wire India

Frost & Sullivan: Indian Acrylic Emulsions Market Expected to Reach $491.2 Million by 2016
Increasing income levels and infrastructure development in India are expected to drive the growth of building materials and related products including water-based adhesives that are categorized into acrylic emulsions and polyvinyl acetate (PVA). The former accounts for 66 percent of the total water-based adhesive market, while the latter contribute the rest Business Wire India

Altair Releases HiQube 6.0, a New-Generation Business Intelligence Solution
Altair Engineering today released version 6.0 of HiQube, its simulation-driven business intelligence (BI) and data analytics solution. HiQube 6 Business Wire India

InterGlobe General Aviation Announces Delivery to India of the 2000th King Air C90
InterGlobe General Aviation Pvt. Limited, a subsidiary of InterGlobe Enterprises and the exclusive representative for Hawker Beechcraft Corporation, the world’s leading manufacturer of business and special mission aircraft, today announced the delivery of the 2000th King Air C90 to an Indian customer based in Delhi Business Wire India

Intelenet Announces Collaboration with Empronc Solution’s Product BAZ as a Platform for Spend Governance and Outsourcing
Intelenet Global Services (Intelenet), the leading global BPO service provider, today announced its collaboration with the Mumbai headquartered Empronc Solutions. The real time Enterprise Spend Governance solution BAZ, provided through this collaboration is a unique outsourcing opportunity using a robust spend management framework Business Wire India

Beena Kannan’s Book of Indian Silk Saris Released
Ms. Shabana Azmi congratulated Beena Kannan on chronicling and documenting in detail the rich textile legacy of India. She said, in the present times, documenting cultural and traditional identities have become much more important. “Silk Sari is a synonym for the aristocracy of the Indian women, no matter who she may be. The sari is a great leveler”. Ms Business Wire India

UFLEX Ltd Q3 FY10-11 Net Profit Up 423% at Rs. 251 crore
Uflex Ltd, the Bombay Stock Exchange (UFLEX: 500148) and NSE listed, India's largest flexible packaging company has registered an exponential growth of 423% increase in its consolidated net profit for the quarter ended December 31, 2010 at Rs. 251 crore as against Rs. 48 crore for the same period last year, maintaining a consistent record of highest growth by any company in the sector so far Business Wire India

Biocon Delivers Strong Q3 Performance with Growth Across Businesses, Announces Clinical Efficacy Data from Phase III Trials on in-105
“Commenting on the financial performance, Kiran Mazumdar-Shaw, Chairman & Managing Director said “Biocon has delivered the highest ever PAT this quarter and has crossed the Rs:100 crore mark. The operating margin has also increased to 24% this quarter reflecting the improved quality of earnings Business Wire India

Kyayaar Solution Pvt. Ltd. Launches the Website www.kyayaar.com in Ahmedabad, Gujarat, India
KyaYaar is now beta-live and it promises to create a web presence for every business and enable users to find, discuss and share about it. The company says the model is attractive because everybody wins - KyaYaar realizes what works best in our lives Business Wire India

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