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whispersinthecorridors Online Print from origin : whispersinthecorridors.com > Archive > 2nd November 2007 Friday |
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WHAT PEOPLE SAY ABOUT US Very smart and up to the hour presentation of news. P L Mohanta ONLY SOURCE TO REACH THE DECISION MAKERS ADVERTISE ON-WHISPERSINTHECORRIDORS.COM November is as uncertain and unsure politically like the months before.
The configuration of stars continue to indicate that the politics in
the sub-continent shall still not return on stable tracks.The nuke deal
which has already caused uncertainty over the Union Government may enter
a decisive turn in the second fortnight of this month. Mars will take
a retrograde path from 11th Nov and it is aspecting Venus which will
be in Virgo. It indicates a difficult time for women politicians particularly.
The UPA presided over by a lady will thus have to bear the brunt of
the retrograde Mars. Likewise in Pakistan Benazir, already under terrorist
attacks, may find goings still more difficult. Who is Mr.Gupta? Who is Mr.Gupta? This question has been doing rounds not only in corridors of power but even in business & corporate circles. As the grapevine has it, he is the key player in booming of the Sensex. Only a powerful businessman knows Mr Gupta. IAS officer quits in West Bengal Yesterday, West Bengal lost an ace IAS officer of the Cadre to the
private sector. Sunil Chaturvedi of 1988 batch West Bengal Cadre has
sought voluntary retirement from the Government and is set to join the
Board of Bharat Forge Limited, Pune for leading BFL's global foray into
aerospace, energy, oil and gas and marine and railways transportation
sector. 1979 batch IAS on quitting spree Only UP and Uttarakhand cadre is preferred in MHA Salaries of SC employees is Pay Commission purview Goel moves as Director MCGM-a professionally managed civic body Champak Chatterjee to leave on 15th November Prasad is acting CBDT Chief D K Tewatia is Director IAS officer jobless in GoI for the last ten months Iqbal Ahmad declines CAT post Ms.Sujata Ray is GM(Finance),Ahmedabad Sujata Ray, a very dynamic lady officer of Indian P&T Finance Service has joined at Ahmedabad as General Manager (Finance) in BSNL, Gujarat Telecom Circle. Rana Som appointed CMD of NMDC Haldar is Dy Secretary UPSC P P Haldar is Deputy Secretary UPSC. He is 1996 batch CSS officer. Nanda takes charge as DGP,Orissa Gopal Chandra Nanda has assumed charge as the DGP, Orissa on November 1,2007.He is an IPS officer of the 1974 batch. He replaced the 1973 batch Orissa cadre IPS Amaranda Pattnayak. Nanda after taking charge made a courtsy calls to Chief Minister Naveen Patnaik and Chief Secretary Ajit Kumar Tripathy. Orissa cadre IPS officers take charge Three Orissa cadre IPS officers took over their new assignment on November 1,2007.They are Anup kumar Patnaik(1977 batch) as DG Vigilance, M.Akshya(1988 batch) as IG Vigilance & Satyabrat Bhoi(2004 batch) as SP, Boudh district. FORUM The Incredible India Campaign to backfire The Incredible India Campaign is doing well, but we have oversold ourselves.
In the commercial world promotion and development and availability of
the product should go hand in hand. We lack behind in infrastructure,
air seat capacity and the country is short of 1,50, 000 hotel rooms.
It is like a shoe company advertising a SALE but nothing is available
in the outlets. Such a promotion can always backfire. Why delay in appointment if CCITs I often wonder as to why the almighty takes so much time to appoint
CCITs, when it is known well in advance the arousal of vacancies in
various charges. May be the chota minister wants to have his own henchman
at the helm of affairs-any one who knows the it department would consider
it a preposterous idea. Seniority should be respected unless circumstances
warrant-otherwise. Aaj Ki Aawaz WANTED GUVS who are unbiased, Bharat Kumar -------------------------------------------------------------------------------------- Rana Som appointed CMD of NMDC BHEL ED retiring in Dec R K Gupta is ED (Products and Services ) NACIL Kang is new GM of Taj Group of Hotels R.Gautaman is now MD, MindShare India MindShare has promoted R.Gautaman as Managing Director(MD),MindShare India. Earlier he was MD for the West and South India operations of MindShare. Sundar Hemrajani roped in by Tim Times Innovative Media (Tim)which involved in the out-of-home(OOH) business under the brand name Times OOH, has appointed Sundar Hemrajani as Additional Director and Managing director.Earlier he was President (Distribution) with Reliance Capital.
'DNA' launches Ahmedabad, Surat editions In an attempt to have an all-India readership, DNA (Daily News & Analysis) has forayed into the Gujarat market with a simultaneous launch of its Ahmedabad and Surat editions.It may be stated that DNA is a joint venture of Dainik Bhaskar group and Zee group. Citi & mChek introduce innovative mobile applications Citi India has declared that is has successfully piloted an innovative solution with mChek, a leading application developer in the mobile domain. This unique application significantly enhances convenience for retail investors, who are clients of a large broker, by enabling them to respond to margin calls or enhance their trading limits, even while on the move, by authorizing a transaction simply over their mobile phone.It may be recalled that Citi and mChek have earlier launched a mobile-based application enabling farmers to receive money for sale of fruits, vegetables and other commodities via their mobile phones. Using this technology, the farmers are able to receive money in the form of cash across a bank teller counter, demand drafts or account transfers to pre-registered bank accounts. India has over 250 million mobile consumers According to a study India has over 250 million mobile subscribers.Different companies,mainly banks & investment companies are evolving way to woo them. United Breweries wins a suit in Bangalore United Breweries (Holdings) Limited has announced that it has secured an ex-parte order of temporary injunction in a suit that was filed by it seeking relief against the website <www.indianracing.in> for running a website with a domain name that is deceptively similar to the <www.indiarace.com> website , owned by United Breweries (Holdings) Limited.United Breweries (Holdings) Ltd along with IQ Bridge Ltd and Idea Streamz Consultants Pvt. Ltd had filed an injunction suit in the City Civil Court, Bangalore seeking to restrain B.R. Sharan Kumar resident of No. 208, I Block - N, 8th Cross, Rajajinagar, Bangalore - 560 010, Usman Rangeela, 601, Kwality Opal, N-1, SR No. 18/5/2, Kondwa Khurd, Off NIBM Road, Pune - 411 048 and Sanjay Reddy, No. 62, Mohini Apartments, No.1, Rest House Road, Bangalore - 560 001, by a decree of perpetual injunction either by themselves or through their agents, representatives, servants or successors in interest from in any manner. Central Park's super luxury homes There is good news for those who love good things on this earth. In an effort to draw the niche class & NRIs to invest in world class homes, Central Park Estates Pvt. Ltd. of which CEO is B.K.Chaturvedi, has introduced Belgravia - Fine homes, for fine living in Central Park-II, Sohna Road,Gurgaon. Each home in Belgravia promises to be one of its kind architectural wonder, combining truly international standards with ultra modern and luxurious amenities, without ever compromising on open spaces.According to B.K.Chaturvedi apartments are available in 3 & 4 bedroom options with super area ranging from 2350 sq. ft. to 3820 sq.ft.Master planned by the world's largest architectural and engineering firm - HOK (Hellmuth, Obata + Kassabaum) International Limited, each apartment here is designed to offer plenty of open spaces for extravagant opulence. US EXIM REFINANCES AIR INDIA 777S US Exim will also be refinancing in the first week of November one more aircraft which has already been bought by Air India and 10 B737-800 aircraft acquired by Air India Express. The refinancing would therefore substantially complete NACIL's first phase of financing of aircraft to be delivered before December 31, 2007 to the tune of US$ 1.4 billion. NACIL will use the proceeds of refinancing to repay the short term loans from institutions/banks at spreads above libor. With the decline in libor and NACIL having negotiated attractive rates for the Exim component, which is backed up by a GOI guarantee, the over all cost of financing is likely to be much lower as compared to the conventional financing. NACIL has also received offers for the second tranche of financing for Boeing deliveries to commence from early 2008 onwards which is presently being evaluated. NACIL is also evaluating other avenues of financing, the acquisition of aircraft which include inter alia sale and lease back options, etc.It may be stated that the US Exim had guaranteed 85% of the loan component which had been raised at sub libor rates (London Inter Bank Offered Rates). The remaining 15% was raised from Commercial Banks. The Exim guarantee loan is being financed by M/s ABN Amro Bank and commercial loan by ICICI Bank and State Bank of India.The Exim loan is repayable over 12 years whereas the commercial loan is repayable over five years after a one year moratorium period. |
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Dr
Suresh Mehrotra has his lips sealed, if you have any whispers then send it to
us |
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