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Vladimir Putin visits to India $2 billion investment fund Finalised 10 agreements Two military contracts, worth about Rs. 20,000 crore Some issues of disagreement also there To take the initial steps towards operating a “ranging station” that will help accurately fix the location of satellites. Equity participation through ONGC-OVL On Russian president Vladimir Putin’s visit to India, both nations moved further to strengthen their economic relations by inking a pact on a Kremlin-backed $2 billion investment fund and consenting to open talks on a Comprehensive Economic Partnership Agreement (CEPA) that will also involve Belarus and Kazakhstan. At the 12th annual summit, the two countries finalised 10 agreements. Among them were two military contracts, worth about Rs. 20,000 crore.

To encourage investments b/w the two nations, India’s State Bank of India (SBI) and Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) came together to ink an MoU for setting up a$2 billion investment consortium. Both the groups would invest up to $1 billion each in the consortium.

India signs military deal with Russia

• 
  Vladimir Putin visits to India
  $2 billion investment fund
  Finalised 10 agreements
  Two military contracts, worth about Rs. 20,000 crore
  Some issues of disagreement also there
  To take the initial steps towards operating a “ranging station” that will help accurately fix the location of satellites.
  Equity participation through ONGC-OVL

On Russian president Vladimir Putin’s visit to India, both nations moved further to strengthen their economic relations by inking a pact on a Kremlin-backed $2 billion investment fund and consenting to open talks on a Comprehensive Economic Partnership Agreement (CEPA) that will also involve Belarus and Kazakhstan. At the 12th annual summit, the two countries finalised 10 agreements. Among them were two military contracts, worth about Rs. 20,000 crore.

Keshavan bags gold in Asian Championship

Shiva Keshavan of India has won gold medal in luge and has set a new Asian record of 49.590 seconds in the Asian Championship.

What is Luge?

It is a small one- or two-person sled on which one sleds supine (face up) and feet-first. Luge is one of the most dangerous sports in the Olympic games, and the athletes who race down an icy, high-banked track at up to 90 mph (140 km/h). Luge is also an Olympic sport.


Team members: Teams of 1 or 2

Participants compete against a timer; the best timer wins the top position. Lugers compete against a timer and are timed to a thousandth of a second, making luge one of the most precisely timed sports in the world.

Must be some truth in charges against Gadkari: Shinde

New Delhi: There must be some truth in the allegations of wrongdoing against Bharatiya Janata Party (BJP) president Nitin Gadkari, union Home Minister Sushilkumar Shinde said here on Friday.

"If media is reporting that Gadkari has done something wrong then there must be some truth in it," Shinde told reporters on the sidelines of a function here.

India Against Corruption (IAC) member Arvind Kejriwal had last week levelled allegations related to land deals in Maharashtra against the BJP chief.

The latest allegations against Gadkari are about improper business dealings as chairman of the Purti group.

The BJP has said that any competent authority could probe the charges.

(Agencies)

Latest News from India News Desk

Tags: Sushilkumar Shinde, Nitin Gadkari, Charges against Gadkari, Gadkari issue

CBI questions Tejinder Singh, Ravinder Rishi again

New Delhi: CBI on Thursday questioned Lt Gen (retd) Tejinder Singh and Vectra Chairman Ravinder Rishi in connection with alleged bribe offer made by the former to the then Army Chief V K Singh to clear a tranche of allegedly substandard all terrain vehicles.

CBI sources said Managing Director of Vectra group Anil Mansharamani and a city-based businessman were also part of questioning.

The agency sources claimed they had got enough prima facie evidence of Singh's relations with arms dealers, including Rishi, which could have prompted him to make an offer to the then Army Chief.

Singh has denied having any links with Rishi and even said no such offer was ever made by him.

"Investigation will reveal that I am not involved and also the reasons for someone raking it up one and half years after the alleged incident," he had said in reply to an SMS sent for his reaction.

The then Army Chief Gen (Retd) V K Singh had alleged that Singh, who retired as chief of Defence Intelligence Agency in July 2010, offered him a bribe of Rs 14 crore in his office in September, 2010 to clear the purchase of a tranche of 1,676 Tatra BEML trucks, a matter he had reported to Defence Minister A K Antony.

Rishi is a Director in the Tatra Sipox UK which supplied trucks through public sector undertaking BEML.

He is also an accused in CBI FIR related to the truck supply deal.

CBI had initiated a preliminary enquiry in April after getting a formal complaint from the then army chief.

Singh had refuted the allegations and also slapped a defamation case against Gen Singh.

The agency, after six months of preliminary investigation, had converted it into a regular case of alleged violation of Prevention of Corruption Act as it found enough prima facie evidence against Tejinder Singh.

(Agencies)

Latest News from India News Desk

Tags: CBI, Tejinder Singh, Ravinder Rishi, Army bribe case

APJ Abdul Kalam hopes Vision 2020 will be fulfilled in next eight years

Kanpur: Former President APJ Abdul Kalam Azad on Thursday hoped that Vision 2020 would be fulfilled within the remaining eight years in order to bridge the gap between the country's villages and urban areas.

Special attention needs to be paid to villages because till their progress is brought at par with that of the cities, the country cannot develop fully, Kalam said at IIT Kanpur.

While addressing a gathering during the Golden Jubilee celebrations of Student Gymkhana in the institute, he said majority of the country's population resides in villages and their progress is crucial to the integrated development of the country.

This is why necessary developmental programmes need to be undertaken in the villages, which is already happening, he said.

While exhorting students to "pay back the society," he administered oaths to them to use their education in the service of the nation and endeavour for a "corruption free, clean society" for the benefit of future generations.

On the need for financing nuclear tests even as the country faced the challenge of poverty, he said this was a necessity to strengthen India's borders.

Kalam also inspected the wind tunnel faculty of the institute and interacted with teachers on research programmes being carried out here.

(Agencies)

Latest News from India News Desk

10,000 anti-tank guided missiles to be procured from Russia

New Delhi: A Rs 1,200 crore proposal for procuring 10,000 anti-tank guided missiles for the Army from Russia was cleared on Thursday by the Cabinet Committee on Security (CCS).

The CCS cleared the proposal to acquire Russian-origin 10,000 Konkurs-M anti-tank guided missiles for the Mechanised Infantry and Infantry battalions of the Army, sources said.

The Konkurs-M are part of the weapon systems being procured by the force to augment the anti-tank arsenal in the Army, they said.

The CCS had last week cleared the purchase of 25,000 Invar missiles for the T-90 tank fleet under a Rs 2,000 crore proposal.

The Konkurs are part of the anti-tank weapon family of the force which includes the Milan anti-tank guided missiles which India has been buying from France and also license-producing it at the Bharat Dynamics Limited facilities here.

Soon after the Mumbai terror attack in 2008, there were reports suggesting that the Army was facing a severe shortage of tank ammunition as well as anti-tank weapons.

Former Army Chief Gen VK Singh had also written a letter to Prime Minister Manmohan Singh highlighting a critical shortage of tank ammunition and obsolescence of the air defence weaponry.

Soon after the letter was received, Defence Minister AK Antony held several rounds of meetings with top Ministry brass and military officials and since then has taken steps to ease the shortfall.

(Agencies)

Latest News from India News Desk

Tags: anti-tank missiles, Indian Army, Cabinet Committee on Security, Mechanised Infantry,A

Tamil Nadu Governor, CM greet people on Eid-ul-Zuha

Chennai: Tamil Nadu Governor K Rosaiah and Chief Minister Jayalalithaa on Friday extended their greetings to Muslims on the eve of Bakrid.

In his message, the Governor said "May Eid-ul-Zuha, the festival of sacrifice build in the spirit of love, sharing and giving spread unity, peace and compassion."

Extending her greetings, Jayalalithaa said: "Let us take a pledge to follow the footsteps of Nabigal Nayakam in love, peace and humanity and live as brothers and sisters on this Bakrid day."

DMK President M Karunanidhi said "Bakrid reminds one that true happiness is born when doing his duty truly. I wish my beloved Muslims who follow the teachings of Nabigal Nayakam on this day."

(Agencies)

Latest News from States News desk



Tags: Eid-ul-zuha, Bakrid, Muslims in Tamil Nadu, Jayalalithaa, Eid mubarak

UP government to issue smart card driving licences

Lucknow: Uttar Pradesh government on Thursday decided to issue smart card-based driving licences having biometric thumb impression and digital signatures.

The decision to this effect was taken at a Cabinet meeting chaired by Chief Minister Akhilesh Yadav in Lucknow.

The smart card-based licences would have digital signatures, biometric thumb impression and photograph of the applicants, official sources said in Lucknow.

The Cabinet also decided to provide subsidy for betel growers under 'Paan utpadan protsahan yojna' for 21 districts, they said.

(Agencies)

Latest News from Uttar Pradesh News Desk

Tags: Uttar Pradesh government, Akhilesh Yadav, driving licences in UP, driving licences

Home » Business News » Search Deadlock ends, Kingfisher Airlines employees agree to resume work

New Delhi: The 26-day deadlock in Kingfisher Airlines was resolved on Thursday with the management agreeing to pay four months salary dues by December end to the striking employees who decided to resume work with immediate effect.

"All our employees will resume work on Thursday, including the pilots and engineers. We will now on continue to work together," airline CEO Sanjay Aggarwal told reporters after holding separate meetings with striking pilots and engineers at the airport here.

Engineers' representative Subhash Chandra Mishra said, "we are joining duty from on Thursday. We have accepted the management's proposal for a staggered payment of four months salary dues by December." A representative of the striking pilots also said they will resume work immediately.

Mallya loses billionaire tag; networth down to USD 800 million

New York: Liquor baron Vijay Mallya, often referred to as 'King of good times', has lost his billionaire tag as "bad times" in his aviation business have dragged down his networth to below the USD 1 billion mark.

According to Forbes magazine's India rich list released on Thursday, Mallya is now ranked 73rd with a fortune of USD 800 million (about Rs 4,285 crore), a sharp plunge from 49th place last year with a fortune of USD 1.1 billion.

However, Mallya ranks well above Naresh Goyal of Jet Airways, who has been ranked by Forbes at 94th position with a fortune of USD 600 million.

"King of good times is having nothing but bad times lately. His (Mallya's) Kingfisher Airlines, weighed down by what is believed to be USD 2 billion in debt, had its license suspended in mid-October after it apparently failed to address Indian regulator's concerns about its ability to operate," the magazine said.

Moreover, the airline hasn't paid staff in seven months and now is offering three months salary but staff wants more and has asked to hear from Mallya directly.

"...the tycoon, who has pledged a chunk of his shares, is believed to be trying to sell his stake in his liquor company, United Spirits, to Diageo to help pay off the airline's debts.

He has already sold part of his stake in his Formula One team. He owns a cricket team and millions worth of Gandhi memorabilia, Forbes said.

The magazine said the networth is based on shareholding and financial information from the families and individuals, stock exchanges, analysts and India's regulatory agencies.

The fortune is calculated on the basis of stock prices and exchange rates information available as of October 12, it added.

Microsoft Launches Windows 8 Operating System

By Brian Donathan, in New York

Microsoft has launched Windows 8, the centrepiece of one of the computer giant's most ambitious endeavours in its 37-year history.

Addressing those gathered at the Pier 57 building on the banks of the Hudson River in New York City, Microsoft head of Windows, Steven Sinofsky, said: "Windows 8 is simply the best release of Windows ever."

He hailed it as a major milestone in the evolution of computing.

Designed to run on PCs, tablets and a yet-to-be released line of smartphones, Windows 8 heralds the biggest change to the industry's dominant operating system since the emergence of Windows 95.

Mr Sinofsky said Windows 8 had an improved battery life, quicker boot time and had been subject to 1.2bn hours of testing.Microsoft CEO Steve Ballmer at the New York launch of Windows 8

Windows 8 attempts to bridge the gap between personal computers and fast-growing tablets with its touch-enabled interface.

Microsoft's launch comes amid a slew of other tablet offerings, with Apple unveiling its iPad Mini with a 7.9in (20cm) screen on Tuesday.

Amazon and Barnes & Noble, makers of the 7in (17.7cm) Kindle Fire and Nook Tablet, are coming out with larger versions next month.

Jaspal Bhatti dies in road accident

JALANDHAR/CHANDIGARH: Noted comedian and filmmaker Jaspal Bhatti, 57, died in a road accident near Shahkot in the early hours on Thursday. Bhatti along with his son Jasraj who was on the wheel, and two others was coming to Jalandhar from Bathinda for the promotion of his new film 'Power Cut' when the car hit a tree on the roadside.

The Life and Works of Herman Melville

The Life and Works of Herman Melville is a publication dedicated to disseminating information about Herman Melville on the Internet and the World Wide Web. Another valuable Internet resource is Ishmail, an electronic mailing list devoted to the discussion of Melville, his works, and other related subjects.

Moby-Dick Marathon Fifth annual nonstop reading of the novel in New Bedford, MA


Breaking News: Current Melville Events
Biographical: (Biographies, Melville and Hawthorne, Quotes by and about Melville, and more)
The Works: (Excerpts and Electronic Texts, Publishing History, Criticism, and more)
The Gam: Other Melville-Related Sites on the Web
Postscript: Links to Whales, Sailing, Literature, and more
Credits: The People and Sources behind these pages
Breaking News

Cameraman Ganga Tho Rambabu

Cameraman Ganga Tho Rambabu ensures unadulterated entertainment and thought-provoking moments.
cameraman Ganga Tho Rambabu" is not just a perfect follow up to "Gabbar Singh" but even surpasses it in many departments.
Puri, who disappointed everybody with "Devudu Chesina Manushulu", ensures unadulterated entertainment and thought-provoking moments in his latest offering.
When a righteous journalist is killed by a corrupt politician named Rana Babu, a socially responsible mechanic Ramnabu, played by Pawan Kalyan, turns to journalism, after being persuaded by Ganga, played by Tamannaah, to bring expose crimes of the politician.
However, Rambabu did not anticipate that, as a journalist, he was always expected to play by the books. Irked by the situation, he steps down as a journalist and clashes horns with Rana Babu.

How will Rambabu stop Rana at all costs from becoming the next chief minister forms the rest of the story.

Yash Chopra cremated, Bollywood bids farewell

Tags:
Yash Chopra|
Shreyas Talpade|
Shah Rukh Khan|
rohit shetty|
Raj Kundra|
Preity zinta|
Manish Malhotra|
Javed Akhtar|
Gauhar Khan|
amitabh bachchan|
Adnan Sami


(Yash Chopra More Pics )


With moist eyes and prayers on their lips, family and friends bid farewell to Indian cinema's 'King of romance' Yash Chopra at a crematorium in Mumbai this afternoon.

Bedecked with flowers, Chopra's body was brought to the Pawan Hans crematorium in Juhu in an ambulance, with only family members and close friends inside, including his sons Aditya and Uday, and actors Amitabh Bachchan and Shah Rukh Khan.

Student of The Year

"Tum itni bhi bewakuf nahi ho, jitni dikhti ho," says admirer Abhimanyu. School hottie Shanaya flutters her eyelids gratefully and decides that he is the only man for her

Student of The Year
U; Rom-com
Dir: Karan Johar
Cast: Varun Dhawan, Siddharth Malhotra, Aalia Bhatt, Rishi Kapoor
**

First of all, it’s difficult to like a film where the female lead is called ‘brainless’ not once but several times. Even less so, when the boys saying it aren’t really paragons of wisdom themselves.

Photos: Stars at 'Student of the Year' screening

President, PM greet nation on Dussehra

President Pranab Mukherjee, Vice President Hamid Ansari and Prime Minister Manmohan Singh Tuesday greeted the nation on the occasion of Dussehra, saying the festival reinforces the eternal message of triumph of good over evil.

"On the joyous occasion of Dussehra, I have great pleasure in extending warm greetings and good wishes to all my fellow citizens," said the president in a message.

The festival falls Wednesday.

"May this festival stimulate in all of us the determination to emulate the righteousness of the 'Maryada Purush' (Rama), the loyalty of his brothers - Bharata and Lakshmana, the virtues of Sita (Rama's wife) and the valour as well as humility of Hanuman," he added.

The vice president in his message said, "The celebration of this festival reinforces the eternal message of triumph of good over evil and unites the people in a spirit of brotherhood and amity."

Greeting the nation on the festival, the prime minister said, "Vijaya Dashami is celebrated all over the country in various forms to commemorate the victories of Lord Ram and Goddess Durga signifying the triumph of good over evil. The celebrations are an inspiration for us to follow the path of righteousness."

--With IANS Inputs-

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