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India News on May 29, 2012


PM hits back at Team Anna over corruption allegations against him
The Prime Minister, Dr. Manmohan Singh, on Tuesday termed the corruption allegations made against him by Team Anna to be irresponsible and unfortunate. ANI

MEA issues travel advisory on Syria
The Ministry of External Affairs (MEA) has advised all Indian nations to avoid all non-essential travel to Syria for the present in view of the situation prevailing in that country. ANI

Prashant Bhushan criticizes PM, calls for probe against corrupt ministers
Supreme Court lawyer and Team Anna member Prashant Bhushan criticized the Prime Minister, Dr. Manmohan Singh, on Tuesday, saying that the ruling Congress Party had been using his honest credentials as a 'shield' while perpetrating corruption with brazen impunity. ANI

Congress trying to plug exodus by arresting Jagan: YSR Congress
YSR Congress on Tuesday alleged that the Congress Party in connivance of the law enforcing authorities had arrested YS Jaganmohan Reddy only to save its flock and stop further exodus after its disastrous performance in the June 12 by-polls. ANI

Govt. stands firm on 4.5 percent sub-quota for minorities; to move Supreme Court
Union Law and Justice Minister Salman Khurshid on Tuesday defended the government's stand on the minority quota issue, saying that the government would file an appeal in the Supreme Court against the decision of the Andhra Pradesh High Court. ANI

Jagan Reddy's bail plea hearing adjourned till May 31
A special CBI court on Tuesday adjourned the hearing of YSR Congress party chief Y S Jaganmohan Reddy's bail petition till May 31 in connection with a disproportionate assets case. ANI

PDP criticizes J-K Govt. for suggesting corrupt official as next vigilance chief
The opposition People's Democratic Party (PDP) has criticized the Omar Abdullah-led National Conference Government for suggesting the name of an allegedly corrupt official for the post of state vigilance chief. ANI

Good governance - still a far cry
The recent recommendation by a parliamentary panel that the government should discontinue the provision that allows it to acquire land for Public-Private Partnerships (PPP) projects was, in an unusual move, rejected by two Union Ministers, Jairam Ramesh and Anand Sharma, who said it was "regressive" and that the state cannot "abandon" its role. ANI

CBSE topper dreams of becoming IAS officer
Mohammed Ismat, the science student who topped Central Board of Secondary Education (CBSE) grade XII examinations, now believes he is closer to his dream of wanting to top the All India Civil Service Examination. ANI

Corporate Affairs Ministry refers Reebok scam to SFIO
Union Corporate Affairs Minister Dr. M. Veerappa Moily on Tuesday said that the Reebok scam in which two former top executives are accused of fraud has been referred to the Serious Frauds Investigation Office (SFIO). ANI

Vulture census begins Junagadh
Forest officials in the Sasan Gir National Park in Gujarat have begun a two-day census of vultures. ANI

Punjab Deputy CM Sukhbir Badal slams Centre over petrol price hike
Criticizing the Central Government for the recent petrol prices hike across the country, Punjab Deputy Chief Minister Sukhbir Singh Badal on Tuesday said the former had the capacity to decrease fuel prices by removing unnecessary taxes, but was smartly diverting this responsibility to state governments. ANI

Gujarat's Gir Sanctuary authorities construct water ponds for animals
Authorities in the Sasan Gir National Park in Gujarat, which houses the largest number of Asiatic Lions, have constructed artificial water ponds for animals, as they often stray out towards human habitation in search of water to seek relief from the intense heat. ANI

Akhilesh pays floral tributes to Charan Singh on his 26th death anniversary
Uttar Pradesh Chief Minister Akhilesh Yadav, who paid homage to former Prime Minister Chaudhary Charan Singh on his 26th death anniversary here on Tuesday, recalled him as a dynamic icon devoted to empower and strengthen farmers' across India. ANI

Exiled Tibetans pray for martyrs in Dharamshala
Exiled Tibetans residing in Dharamshala paid homage to young Tibetans who had self-immolated themselves, owing to China's repressive policies in Tibet. ANI

SIT to probe Kerala CPI-M leader's revelations, says state home minister
Kerala's Home Minister, T. Radhakrishnan, on Tuesday said that the state government would set up a special investigation team to inquire into Communist leader M. M. Mani's brazen comments about political murders. ANI

India monitoring developments in Nepal
The Indian Government is monitoring recent developments in Nepal, a spokesman of the Ministry of External Affairs said on Tuesday. ANI

Bahrain Crown Prince to visit India
The Crown Prince of Bahrain, Salman bin Hamad Al Khalifa, will pay an official visit to India from May 30 to June 1, 2012 at the invitation of Vice President Mohammad Hamid Ansari. ANI

Paternity case: Veteran Congress leader N D Tiwari's blood samples collected
Veteran Congress leader N.D. Tiwari's blood samples were collected on Tuesday after a team of doctors reached his Dehradun residence on the order of the Supreme Court. ANI

Home Secretary Singh stresses on focused approach towards disaster management
Home Secretary R.K Singh has emphasised on a more focused approach towards disaster management with an aim to deal with natural calamities. ANI

Congress not involved in Jagan's arrest: Kiran Reddy
Andhra Pradesh Chief Minster Kiran Kumar Reddy has denied the involvement of the Congress Party in the investigation or arrest of YSR Congress chief Jagan Mohan Reddy in connection with the alleged disproportionate assets case. ANI

Sterlite Industries (India) Limited Filing of 2012 Annual Report on Form 20-F
Sterlite Industries (India) Limited announced that it has filed its Annual Report on Form 20-F for the year ended March 31, 2012 containing its audited consolidated financial statements under IFRS, for the year ended March 31, 2012 with the Securities and Exchange Commission. Business Wire India

Mandeep Singh Wins the Citibank Rising Star Award 2012
Kings XI Punjab batsman Mandeep Singh has been named the winner of the 2012 Citibank Rising Star Award. The Citibank Rising Star Award recognizes the best under-23 player of the DLF IPL season. The trophy was adjudicated by an eminent jury including former Indian cricketers Ravi Shastri and Sunil Gavaskar Business Wire India

Rediff.Com Reports Fiscal 2012 Fourth Quarter and Year-end Results
Our overall revenues declined 18% in dollar terms on a year-over-year basis and 4% in dollar terms sequentially. Our EBIDTA has improved by 7% in dollar terms on a year-over-year basis and gross margins increased approximately 100 basis points over the fiscal fourth quarter last year and approximately 200 basis points sequentially Business Wire India

Max New York Life Net Profit Up by 159% to Rs. 733 Crores
Max New York Life Insurance, the largest non bank owned private life insurer today announced its audited results for the Financial Year 2011 -12. The company recorded 10% growth in gross premium to Rs. 6,391 Crores while the profit increased 159% to Rs. 733 Crores. The Company also performed well on other parameters like asset under management, recording a growth of 24% to Rs Business Wire India

Ezeego1.com Joins Hands with Viator®, Inc to Provide Worldwide Tours to its Customers
Ezeego1.com, the online travel search site joins hands with Viator, Inc., the world’s leading online resource for travel experiences with more than 10,000 tours and activities in 800 plus destinations in more than 150 countries. Headquartered in San Francisco, Viator will be Ezeego1 Business Wire India

Mega Trends - Macro to Micro Implications of Mega Trends to 2020 – A Frost & Sullivan Report Now Available for India
India will be at the center of global business and commercial activity with a 1.4 billion strong population by 2020. It will have the largest projected working-age and youngest population by that period, with 535 urban dwellers, 864 million middle class consumers, and more than a billion Gen Y individuals Business Wire India

BMGI Maps Changing Landscapes of the Indian Commercial Vehicles Industry
As the key knowledge partner for India Commercial Vehicle Summit 2012, held in Westin, Pune on May 17th & 18th, BMGI mapped the current trends and envisioned the future for the Indian Commercial Vehicle ecosystem. The event was organized by Shanghai based Lnoppen who facilitates business through events and market research across Asia & Europe Business Wire India

IT Product Managers to Benefit from International Agile Certification Offered by PMI (Project Management Institute), USA
SABCONS Project Management Consultants a leading Project Management Training and Consulting organisation, today announced the launch of its new service offering – a 3 day training program based on Agile Project Management in various cities in India Business Wire India

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