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YSR Reddy dead • 55th National Awards • Cloud Computing • Profiles : Sunil Mittal •Brand icon: Reebok • Book review – A Suitable Boy
Volume 8 Issue 03
16 Sep –15 Oct 2009 www.PTeducation.com Rs. 40 The monthly news magazine of the PT education family
the life
and times
of the
dragon
China, also called 'The Dragon',
has exhibited exemplary growth, material progress and
technical advancement. Winds of change have swept
this eastern nation and brought changes unimaginable.
Know how an ancient civilization transformed
into a mighty nation capable of taking on the world.
Contents
Major news stories
Simplifying knowledge dissemination
q YSR Reddy dies in chopper crash ....................................... 05
Editor-in-Chief : Sandeep Manudhane q 55th National Awards ........................................................... 09
Regulars
q Opinion .................................................................................. 42
q Brand icon: Rolex................................................................... 44
“To be a world class training and education q Logo Quiz .............................................................................. 45
organisation shaping careers through innovative
products and services & the use of human q Business Trivia ...................................................................... 46
technologies.”
q General knowledge ............................................................... 48
q Brand icon: Reebok .............................................................. 71
q Book review: A Suitable Boy.................................................. 72
Dear friends / PTzens,
Take Quote
In a pond no dragon is meant to lie; “The secret of success is to know
He will ride the thunder to the sky! something nobody else knows.”
– Luo Guanzhong, Three kingdoms – Aristotle Onassis
Asia is on the rise and the world seems to be in awe of the emerging prowess of “The optimist proclaims that we
China- the rising dragon and India on the move. The whole world is talking about live in the best of all possible
the success of the two nations. These two are being hailed as the next power worlds, and the pessimist fears this
centres of the globe. is true.”
– James Branch Cabell
Our cover story provides snippets of China. China has been consistently
growing since late 1970s and its all round development has started challenging the “If everything seems under control,
position of the only superpower on the globe. The spectacular show by China at
you're just not going fast enough.”
the Beijing Olympics, both in organizing the event and in performance, has
– Mario Andretti
emboldened its image of being the next superpower. It has given clear indications
that it is moving steadily on the path of success on all the economic parameters
“Discontent is the first necessity of
with strong growth fundamentals. It now seems to be a developed country with a
progress.”
tag of a developing nation.
– Thomas Alva Edison
China is reckoned as economically, militarily and culturally robust and has
tried to become the cultural fulcrum of Asia. “When you blame others, you give
up your power to change.”
China's military muscle is now at par with the developed world nations like – Robert Anthony
USA and India lacks on many fronts to match it. It is imperative to study its
hegemonic intentions through its territorial claims in Arunachal Pradesh, Sikkim “The problems facing the world
and Aksai Chin, a part of western Jammu and Kashmir. today are not susceptible to military
solution.”
China plays a leading role in the outsourcing of manufacturing and is making – J F Kennedy
strong headway in IT industry and may soon pose a threat to India's supremacy.
China's domestic market is estimated to be four times the size of India's. Looking “You must do the things you think
at the export and import sector sans IT service, it has overtaken the US also. you cannot do.”
– Eleanor Roosevelt
There also has been a paradigm shift in the priorities of its foreign policy and it
has focused on forging working relationships with as many states as possible “An expert is someone who knows
especially in its neighbourhood.
some of the worst mistakes that can
be made in his subject and how to
While China remains a formidable competitor, the opportunities of a peace
process far outnumber the threats. India needs to adopt a policy of engagement avoid them”
rather than a policy of isolated approach. At the same time we need to remember – Karl Heisenberg
what Napoleon said “When China awakes it will shake the world”.
“Retirement kills more people than
Manish Saraf hard work ever did.”
COO, PT education – Malcolm s. Forbes
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E s t a b l i s h e d 1 0 th J u l y 1 9 9 3
Major news stories
OVER 100 DIE AFTER YSR'S DEATH A large number of those who died of shock included young
supporters of YSR and the beneficiaries of the various welfare
As many as 122 people across Andhra Pradesh reportedly schemeslaunchedby him in the last five years.
died of shock or committed suicide after the death of their chief
minister Y.S. Rajasekhara Reddy, prompting his MP son Y.S.
JaganmohanReddy to appeal to the people to be stoic and brave. “ YSR dedicated his life to people, I am dedicating my life to
him,”
'I appeal to all of you to be stoic and brave in this hour of – a youth wrote in his suicide note before consuming
tragedy. He (YSR) wanted to see a smile on the faces of all and if pesticide.
you resort to such things (suicide) this will hurt him,' said
Jaganmohan,trying hard to control his tears.
Profile
YSR Reddy: an astute politician
r. Yeduguri Sandinti Rajasekhara Reddy, popularly After completing MBBS, he served
During his 25-year-long political career, YSR has served the YSR'S PERSONALITY
people in multiple capacities, both in Government as well as in
Party. He was President of the Andhra Pradesh Congress
Committee (APCC) twice - 1983-1985 and 1998-2000. During A MODEST PERSONALITY:
1980-1983, he was a minister holding
important portfolios related to Rural Dr.Reddy, unlike most politicians,
Development, Medical & Health and reflects the spirit of a true Indian who
Education etc. From 1999 to 2004 he walks his talk.While his thought was
was the Leader of Opposition in the dressed with all that is modern and
eleventhstate assembly. ennobling, Dr.Reddy's person was
invariably clothed in traditional
As a champion of the masses, his costumes that include dhoti and a
stentorian voice in the assembly, shirt made of handloom cloth. In all of
raised particularly during debates his public and private conversations,
that sought to lend voice to the he spoke from the core of his heart.
voiceless millions, forced the Naturally, he hate hypocrisy.
Government to retrace several anti-
people steps it contemplated.YSR has As a demanding chief minister,
been instrumental in orchestrating YSR expected bureaucrats to do their
several mass struggles, while job meticulously, and present before
highlighting issues facing peasants, him only facts that are shorn of all
weavers,Dalits, youth and women. publicity-oriented and manipulative
figures. He did not tolerate hype and
His relentless fight for clearance extravaganza in communicating
of pending irrigation projects, particularly in the backward official messages. He wanted incontrovertible facts stated in a
Rayalaseema region, has earned for him a special place in the simple language that is intelligible even to the unlettered,
hearts of millions of farmers. His unremitting struggle against because taking administration to the people was an article of
certain anti-people economic measures that were sought to be faith for him.
introduced in the name of "reforms", including the frequent
increases in power tariff and indiscriminate privatization of HIS PHILOSOPHY OF LIFE:
public sector units, exalted him far above the street smart
politicians. Dr. Rajasekhara Reddy strongly believed that the human life
is a boon provided by the Almighty to share one's blessings with
Even as a novice in the legislature, YSR rallied all the others, while serving less privilegedhuman beings.
Congress MLAs from the Rayalaseema region and led an
indefinite hunger strike demanding solution to the water crisis. "Don't count the years you want to live. Ask yourself how
He also led a Paadayaatra from Lepakshi to Pothireddipadu in much you have done for society at large with whatever
Kurnool district. The 14-day hunger strike of legislators under opportunities the Almighty has provided you", was Dr. Reddy's
Darshan Zariwala got the best supporting actor award for The Indira Gandhi Award for best first film of a director
his role in "Gandhi My Father". Feroz Abbas Khan, the director went to Shivajee Chandrabhushan for Frozen, which also won
of the film, bagged the National Award for best screenplay. the best cinematography award.
There was also a special jury award for this film, which
explores the troubled relationship between Harilal Gandhi Foto (Hindi) won the best children's film award, while Inimey
and Mahatma Gandhi. Naangathaan (Tamil) won the best animation film award.
Best Supporting Actress award went to Shefali Shah for her Hindi film 1971 won the best audiography award and it also
performance in The Last Lear. won the award for best film in Hindi under the language
specified in schedule VIII of the Constitution category.
But the Khans were not disappointed with Aamir Khan's
directorial debut “Taare Zameen Par” made the 'Best Family The jury was headed by Sai Paranjpe; other members
Welfare Film' and Shah Rukh Khan starrer “Chak De India” included Ashok Viswanathan and Namita Gokhale. About 102
taking home the trophy for 'Best Overall Entertainer'. films and 106 non-feature films were considered.
There have been times when relationship between India and While there are many irritants in Sino-American relations,
China have been sour. Giving shelter to Dalai Lama is one of the there are also many stabilizing factors. The People's Republic of
reasons. China wants India to refrain from giving shelter to this China and the United States are major trade partners and have
Tibetan religious and political figure whereas India advocated common interests in the prevention and suppression of
that since Lama has come to India as a refugee, he can stay as terrorism and in preventing nuclear proliferation. While the end
long as he wants. Recently, even as India prepares to celebrate 50 of the Cold War removed a common enemy, the War on Terror
years of friendship with China next year, China in-turn has has produced a new common enemy, which has stabilized
increased activities along the LAC, be it invasion of Indian air relations to some degree.
territory or writing CHINA on Indian mountains or
construction of road along the Himalayan range. In addition, while there is still a great deal of Chinese
mistrust at American intentions, there is also the realization that
But why does Indian government pay no real heed to all these the United States will likely remain a sole superpower for a great
incidences? The answer is simple. China not only houses deal of time, and any direct challenge to the United States'
India
ASSEMBLY ELECTIONS IN MAHARASHTRA, HARYANA, He also asked the DEO to retain a master copy of the CD, so
ARUNACHAL PRADESH ON OCT.13 that it will help the commission to produce the details in case of
any writs were filed in the court relating the election disputes.
Election Commission of India (ECI)
announced Electronic Voting Machines tututu
will be used in all the three States–
Maharashtra, Haryana, and Arunachal INDIA BEAT SYRIA TO WIN NEHRU CUP TOURNAMENT
Pradesh – that undergo elections on
October 13. Defending champion India beat Syria by 5-4 in a penalty
shootout in a
The single-phased elections will be held for total 438 State thrilling final match
Assembly seats – 288 (Maharashtra), 90 (Haryana), and 60 to win the ONGC
(Arunachal). Nehru Cup football
tournament held at
Addressing a press conference, Chief Election the Ambedkar
Commissioner Naveen Chawla said that the three States of Stadium.
Maharashtra, Haryana, and Arunachal Pradesh will undergo
Assembly elections of October 13 and the counting will be held The win came
on October 22. after a nail-biting
finish as no goals
He added that the decision has been taken after could be scored in the normal time, and had to be decided on
considering the all the factors including public holidays, penalty shoots, where India missed just two shots, while Syria
academic calendar, climatic conditions, time required to missed three of the seven shots.
deployment of forces etc.
Goalkeeper Subroto Paul was awarded the man of the match
The voting will be done through Electronic Voting Machines for his superb performance in the match.
(EVMs). Use of any religious place for election campaigning and
seeking votes on the basis of religion or Jaati will amount to Led by its star striker Bhaichung Bhutia, India entered the
violation of code of conduct for elections, the CEC said. third consecutive final of the Nehru Cup and anticipations were
high, as they had defeated Syria in the 2007 final.
The notification of the election would be issued on
September 18, the last day for filing of nomination will be Indian team had strikers in the form of Bhutia and Sunil
September 25, scrutiny of nomination will be held n September Chettri, while Anthony Pereira, N.P. Pradeep, Climax Lawrence
26, and the last day for withdrawing of nomination will be and Steven Dias handled midfield.
September 29. The election process will complete on
October 25. Defence was well held by Mahesh Gawli, Anwar, Gourmangi
Singh and Surkumar Singh.
Chawla also said a camera will be installed in each and every
polling booth and the CD will remain with the custody of the The tournament had been quite difficult for the home team,
District Election Officer (DEO). Any individual, who would like as they had won two and lost two league matches, including one
to have a copy of the CD, can get the same from the DEO by against Syria. On the other hand Syria, with a strong defence,
paying the prescribed fee. had won all their league matches.
Indian Space research Organisation (ISRO) chairman G. "I would urge each State Government to create their own
Madavan Nair said that India would launch a mission to Mars by State level action plans consistent with the strategies in the
2013. national plans," he added.
The ISRO has begun the preparations for sending a Speaking on need to modernize the existing Forest and
spacecraft to Mars. Wildlife management system, he said that there are a large
number of positions of frontline personnel lying vacant in many
Earlier on Aug 13 the Union Government sanctioned seed states in the Forests and Wildlife sector.
money of Rs 10 crore for Mars project, to carry out various
studies on experiments to be conducted, route of the mission Underlining the need to ensure that local communities
and other related details necessary to scale the new frontier. benefit from forest, conservation, he said, Tribals have guarded
Isro chief spokesperson S Satish said compared to Google The rocket would also carry six nano satellites from Europe
Earth, 'Bhuvan' is more ''versatile'' and provides data about as piggybacks, Nair, also Secretary in the Department of Space,
different Indian cities. ''It's more viewer-friendly,'' said Satish. said.
Space officials requesting anonymity said viewers can zoom Considering that Oceansat-2 is a continuity mission to
into 'Bhuvan' maps up to 10 metres compared to Google Earth's Oceansat-I, the same polar sun-synchronous orbit of 720 kms
200 metres and Wikemapia's 50 metres. The website can be has been retained, he said adding data from Oceansat-1 was very
accessed on http://www.bhuvan.nrsc.gov.in. widely used by fishermen.
tututu tututu
"I have not violated the ideology of the party; I don't know Nepal also held discussions with Union Home Minister P.
which core ideology of the party they are speaking about. I don't Chidambaram regarding the joint border monitoring and other
want to explain any conduct," he said. security- related issues.
Singh also criticised the BJP's comparison of vote and vichar tututu
(thinking).
'NUTRITION PROGRAMME FOR ADOLESCENT GIRLS'
Commenting on the banning of his controversial book
"Jinnah, India- Independence, Partition" by the Gujarat State APPROVED
Government, Singh asked "Where I made derogatory remarks
about Sardar Patel in that book? Whether they read the book The Cabinet Committee
before banning? on Economic Affairs (CCEA)
gave its approval for
A spokesperson of the Gujarat Government announced that continuation of the 'Nutrition
the state is banning the publication of the book because of Programme for Adolescent
derogatory remarks made about India's first Home Minister Girls' in 2009-2010 in 51
Sardar Vallabhbhai Patel. “Banning the book means shutting the districts as per existing
door for thought" Singh said. guidelines till the Rajiv
Gandhi Scheme for
"If any individual or organisation stops reading, writing, Empowerment of Adolescent
debating, thinking, and reflecting then it is heading towards Girls is approved.
darkness," Singh added.
The decision was taken at a meeting of the CCEA, Union
tututu Home Minister P Chidambaram said.
SEVEN INDIAN CRICKETERS DOMINATE ICC 2009 Another 16-person group featuring former players and other
AWARDS LIST experts on the women's game would vote the nominations for
the Women's Cricketer of the Year award.
Seven Indian cricketers dominate this year's various LG ICC
Annual Awards for 2009 to be announced in Mumbai later on. The other three awards are reserved for the Test Team of the
Year, the ODI Team of the Year and the Spirit of Cricket award.
Indian skipper Mahendra Singh Dhoni, openers Gautam
Gambhir and Virender Sehwag, off-spinner Harbhajan Singh, Performances of players in the period between August 2008
middle-order bats V V S Laxman and Yuvraj Singh and fast and August 2009 would be taken into account for deciding the
bowler Zaheer Khan feature in the list. awards, according to the ICC website.
World
GOOGLE UNVEILS SPEEDIER SEARCH ENGINE "The new infrastructure sits "under the hood" of Google's
search engine, which means that most users won't notice a
Google Inc is working on a new test version of its search difference in search results. But web developers and power
engine, which the company claims will be faster and more searchers might notice a few differences, so we're opening up a
relevant than ever before. web developer preview to collect feedback," they said.
As for accuracy, it's hard to say at this early stage but Google
is clearly upping its game by including real-time results and
more breaking news, as well as updates from the likes of
Facebook and Twitter.”
The company has dubbed the new search engine "caffeine". tututu
Google engineers are said to have invited web developers to German leader Angela Merkel
test the new search engine, and give their feedback. and businesswomen dominate
Forbes magazine's new list of
Matt Cutts, a principal engineer at Google, and Sitaram Iyer, powerful women, while First Lady
a staff software engineer, have posted an entry on the company's Michelle Obama and secretary of
webmaster central blog, appealing to the developers to try the state Hillary Clinton didn't break
newly improved service and send them some feedback. the top 30.
"For the last several months, a large team of Googlers has Merkel headed the list,
been working on a secret project: next-generation architecture published on August19, 2009 for
for Google's web search. It's the first step in a process that will let the fourth year running, with the
us push the envelope on size, indexing speed, accuracy, magazine highlighting her role as
comprehensiveness and other dimensions," the Telegraph leader of the huge German economy and her likely re-election in
quoted them as having written on the blog. September.
In second place came Sheila Bair, chairman of the Federal Miss Universe 2008, Dayana Mendoza, also of Venezuela,
Deposit Insurance Corp, which insures US banks. crowned her successor.
Yizhong has also said that the software would now be tututu
"voluntary", providing users an opportunity to decide if they want
to install it or not. WIKIPEDIA TO RESTRICT EDITING BIOS OF LIVING
PEOPLE
"When users buy computers, they will be provided the
software disk. It is up to the buyers to decide use it or not," said Wikipedia, the free online
Yizhong. encyclopedia to which anyone can
make contributions, will soon be
Yizhong, however, added that China would still push ahead introducing restrictions on editing
with the installation of Green Dam in schools and public information about living people.
Internet cafes. The encyclopedia, better known
for allowing users to edit and
"We will install it in computers located in schools and contribute to articles, would be
Internet cafes. We entirely respect customer’s benefit and bringing in the restrictions only for
freedom. We will definitely not make installation compulsory for bios of living people, which are at
all computers on sale," he said. high risk of being vandalised.
Yizhong further explained that MIIT wanted the software to "This (restrictions) is a two-month trial. It will probably be
be included with PCs sold in China, but it was never the in place in the next few weeks – we are doing final testing now," a
ministry's intention to demand that the software be pre- Wikipedia spokesperson said.
installed.
As per the plan, a set of experienced users of Wikipedia
He also said that the ministry wanted PC makers to include would have to approve the changes made to the bios of living
the program's setup files on new PC's hard drives or provide CD- people before a casual reader can see it on the site. These would
ROMs containing code with PC packages. be termed as "flagged revisions".
"With 'flagged revisions', a version can be flagged as 'good' The Commonwealth's deputy secretary-general, Masire
and will be visible to casual readers. Editors can still edit the live Mwambe told Radio New Zealand that Fiji would not be able to
version. participate in intergovernmental meetings at a head-of-
government or ministerial level.
"So, we have the visible result of locking the page, but now,
we will be able to improve the article as well," the spokesperson Technical assistance has been suspended, and Fiji is not
noted. allowed to participate in the Commonwealth Games.
Regarding people who would be approving the versions, the New Zealand Foreign Minister Murray McCully, who sits on
official said that in the beginning there would be 1,500 of them. the Commonwealth's ministerial action group, told Radio New
Zealand that his country's current sanctions against Fiji's
"There will be about 1,500 people who can approve versions regime would not change.
at the start, we expect to add lots more fairly quickly. Keeping the
time for approval, short, is very important," the spokesperson Earlier, Bainimarama told Radio Australia that his regime
added. would not budge from the 2014 election date he has set.
About the idea of "flagged revisions", Wikipedia in a recent Fiji is now the second country to be suspended from the
posting on the site said only a small percentage of cases would Commonwealth, after Nigeria.
require changes to be patrolled before becoming the default
view for readers.
Fiji : Facts at a Glance
"The proposal is to do so initially in the case of articles at high r Population as at 31 December 2007, stood at 837,271. Of
risk of vandalism, including high risk biographies of living this total, 475,739 are Fijians; 313,798 are Indians and
people, where false information can do the most serious harm to 47,734 are classed as Others.
an individual," according to the posting.
r Suva is the country's capital city and is one of the two
The "flagged revisions" are already in place for the German cities in Fiji. The other city, Lautoka, is also located on
language Wikipedia for more than a year now. the country's main island of Viti Levu.
tututu r Fiji lies in the heart of the Pacific Ocean and has an
Exclusive Economic Zone (EEZ) containing about 330
FIJI SUSPENDED FROM THE COMMONWEALTH islands, of which one third are inhabited.
The Commonwealth has fully suspended the South Pacific r Fiji's total land area is 18,333 square kilometers. Viti
Island of Fiji after it failed to meet a deadline to set a 2010 Levu and Vanua Levu are its two main islands. Other
election date, according to a statement released from London. main islands are Taveuni, Kadavu, Gau and Koro.
Bharti has made outsourcing the cornerstone of its business RDA, a global multi-brand media and marketing company
strategy, and has signed multibillion dollar contracts with based in the US, has offices in 44 countries and sells books,
network vendors such as Ericsson, Nokia and Siemens, which magazines, music, video and educational products reaching a
build, operate and manage its mobile network. customer base of 130 million in 78 countries.
It pioneered the network outsourcing model in 2004 by It publishes 94 magazines, including 50 editions of Reader's
awarding contracts to Ericsson and Siemens (which later Digest, the world's largest-circulated magazine and sells
merged with Nokia Networks) and this business model has now approximately 40 million books, music and video products
been replicated by over 100 operators globally. Bharti was also across the world each year.
the first to outsource its IT requirements when it was awarded a
10-year $750-million contract to IBM, which is now worth $2.5 The company said it has reached an in-principle agreement
billion. Another billiondollar pact exists with six BPOs, which with its lenders to reduce its debt from $2.2 billion to $550
collectively handle Bharti's customer services for a 10-year million and its 'Debt-for-Equity Restructuring Plan' is
period. supported by a majority of the lenders.
The Alcatel-Lucent-Bharti JV is the front runner to manage The restructuring agreement provides that the company's
and maintain the telco's inter-city networks, said another senior secured lenders will exchange a substantial portion of the
industry executive aware of the development. In April 2009, company's $1.6 billion in senior secured debt for equity and provide
Bharti Airtel entered into a joint venture with Franco-American foratransferofownershipofthecompanytothelendergroup.
Fortis will finance the acquisition through a mix of debt and “This has been a fair agreement for us. We believe Fortis will
equity. It will use Rs 350 crore from an earlier initial public offer continue to deliver quality care and patient safety,” said
(IPO) and proceeds from a proposed Rs 1,000 crore rights issue Khorakiwala.
in a few months to fund the acquisition.
tututu
Talking to reporters at a press conference in Mumbai, Fortis
Healthcare Managing Director Shivinder Mohan Singh said the INDIA-NEPAL BILATERAL TRADE TO TOUCH US THREE
acquisition would help the company move closer to its current
target of reaching 6,000 beds and revenues of $1 billion (around
BILLION DOLLARS
Rs 5,000 crore based on current exchange rate) by 2012.
Commerce and Industry Minister
Anand Sharma has stressed on the need
“With the acquisition of Wockhardt Hospitals, we will revise
for increasing bilateral trade between
our target," he said.
India and Nepal to energize economic
development in the region.
Singh told Business Standard that Fortis would not retain
the identity of Wockhardt Hospitals and would rename the
He revealed this during his
facilities Fortis Hospitals.
interaction with Rajendra Mahato,
Nepal's Commerce Minister. Senior
The acquisition will include four hospitals in Bangalore, two
officials of both countries were also present.
in Mumbai and three in Kolkata. This includes two projects
under construction at Yeshwantpura at Bangalore and Anandpur
Both Ministers discussed the proposed revised Treaty of
in Kolkata, which together will have 534 beds.
Trade and Agreement of Co-operation.
The acquisition includes Rs 190 crore earmarked towards
Sharma hoped the proposed treaty would lead to a furthering
capital work-in-progress for these two projects under
of economic engagement by increasing the mutually agreed
construction.
points of trade and result in both investment and employment
generation.
The top management of Wockhardt Hospitals – including its
chief executive Vishal Bali – will also move to the Fortis fold after
the acquisition, along with 650 doctors and 1,300 other medical The present trade between India and Nepal during the year
staff. The acquisition is free of debt and all the movable and 2008-09 (April-Feb) is 1862.02 million dollars and is expected to
immovable assets and manpower of the 10 hospitals will move to touch over three billion dollars.
Fortis.
Nepal's major exports to India consist of vanaspati ghee,
The acquired hospitals accounted for 85 per cent of the yarn, textiles, GI sheet and other wires, juice, sacks, twins and
revenue for Wockhardt's chain in 2008-09. The deal leaves chemicals.
tututu After the ATM transactions fees on using other banks' ATMs
was scrapped in April, the IBA studied the entire gamut of ATM
BANKS TO RATION FREE USE OF OTHER ATMS transactions.
Barely five months after the "We found that a majority of the ATM transactions were in
s e r v i c e c h a rg e o n u s i n g the range of average withdrawals of Rs.3, 500-4,000, and 90
automated teller machines percent of all transactions were below Rs.10,000. Hence, the
(ATMs) of other banks was intended purpose to serve the common man was achieved,"
scrapped, it will be re-introduced Unnikrishnan said.
if someone uses this facility more
than five times a month, a high- However, there was a small minority of users who withdrew
ranking banking sector official very large sums on account of high card limits given by some
said. Also the Reserve Bank of banks to privileged customers.
India has said that not more than
Rs 10,000 can be withdrawn each At the other extreme, there were some customers who
time they are used. withdrew miniscule amounts, or made other kinds of inquiries.
This created several logistics problems causing avoidable
The apex bank has sent a communication in this regard to expenditure for banks at the cost of the common user, he said.
Indian Banks' Association (IBA) and this is expected to be
implemented shortly, IBA Chief Executive K Ramakrishnan Taking into account these and related aspects, the IBA
said. submitted a proposal to RBI last month.
The Indian Banks Association (IBA), the representative “We shall give sufficient notice to the customers before
organisation of private and public sector banks in India, has implementing it, and individual banks can also inform their
proposed that instead of allowing an unlimited number of free customers about the proposal and whether or not they would
transactions at another bank's ATM, there should be a limit of up charge their customers. It will give time to affect suitable
to five free transactions a month. modifications in the ATM programmes to implement it,"
Unnikrishnan said.
"Beyond five transactions, we propose to levy a transaction
fee of Rs.20 per transaction for using another bank's ATM," said tututu
IBA deputy chief executive K Unnikrishnan.
NETAPP, TATA COMM UNVEIL NEW SERVICES
The Reserve Bank of India (RBI) has accepted the IBA
proposal, but it will be implemented only by October, As per the new initiative Tata
Unnikrishnan said. communication will use NetApp
technologies to provide cloud-based
An RBI spokesperson confirmed the development. services to monitor the infrastructure
and manage the IT requirements of
"It will be optional on the part of the banks to levy this charge the customers.
on customers. We have not made it mandatory but left it to their
(banks') discretion," Unnikrishnan said. The new technologies provided by NetApp will help Tata
Communication to provide customers easy and cost effective
He explained that since the RBI's permission has been services and also to address various challenges like
The Index of Industrial Production (IIP) had recorded a Besides, the Managing Director of ONGC Videsh Ltd, the
growth rate of 7.8 per cent a month ago in June. It had posted a overseas subsidiary of the state-run firm is an invitee to the
growth rate of 7.1 per cent a year ago in July 2008. meetings of the board. "She (Das) has vast experience in the
field of industrial promotion as the Additional Director and
tututu Deputy Secretary Industry and later as Principal Secretary Rural
Industry at the state level," the release said.
FORD TO LAUNCH SMALL CAR IN 2010
tututu
US-based carmaker Ford said it will launch its new small car
during the first half of next year and was planning to start GOVT LOOKS TO IMPLEMENT NEW I-T LAW FROM 2011
exporting the product by the end of 2010. The company said the
sub-B segment car would be made The government unveiled the draft
to meet the statutory requirements of a brand new direct tax law, which will
of having an engine capacity of 1.2 replace the four-decade Income-Tax
litre petrol engine and 1.5 litre Act, "... to improve the efficiency and
diesel engines. equity of our tax system by eliminating
distortions in the tax structure,
"Our planned small car will be launched in India in by early introducing moderate levels of taxation
2010. We also plan to export it to markets in Asia Pacific and and expanding the tax base", said
Africa by the end of next year," Ford India President and finance minister Pranab Mukherjee.
Managing Director Michael Boneham told reporters on the
sidelines of the Annual Siam Convention. The tax code makes radical changes
in all areas of taxation: it lowers the incidence of tax on corporate
He said the company was looking at exploring the overseas and individual incomes but reintroduces wealth tax and capital
market for the new car, but did not give details about the number gains tax, albeit at lower levels. It also proposes to bring a
of units planned. uniform pattern of taxation on all long-term savings in the form
of EET– exempt at the stage of contribution, exempt during
Ford India has recently launched new advanced version of its accumulation and taxed during withdrawal.
SUV Endeavour.
Releasing the draft direct taxes code, Mr Mukherjee said if a
Boneham, meanwhile, said that the company has no plans to reasonable level of discussion happens on the code, a bill could
phase out its existing small car Fusion from India at present. be placed in the winter session of Parliament. The government
The company is also planning to start exporting diesel and petrol is hoping to implement the new code from 2011.
engines from its Chennai plant by early 2010. The company
hopes to maintain a sales figure of 30,000 units this year, similar Home minister P Chidambaram, who during his tenure as
to last year's figure. finance minister had initiated work on the Code and was
The code proposes to exempt income up to Rs 1, 60,000 a Dividend distributed by companies would be taxed at the
year from tax. Income up to Rs 10 lakh will be taxed at 10%, 10-25 rate of 15%.
lakh at 20% and beyond Rs 25 lakh at 30%. Currently, there is no
tax till Rs 1, 60,000 of income in a year. However, there is a 10% In move that would have major impact on foreign companies
tax on income between Rs 1, 60,000 and Rs 3 lakh, 20% between or companies that have made investments in foreign countries,
Rs 3 lakh and Rs 5 lakh, and 30% beyond Rs 5 lakh. the code is proposing to treat a company as an Indian resident
even if it is partly controlled in India. Presently, a company is
But under the new tax law, an individual's gross salary would treated as an Indian resident and taxed, only if full control of that
also include perquisites such as value of rent-free company lies here. the measure is primarily aimed at preventing
accommodation, medical reimbursements and leave travel escape of any income from taxation.
encashment. Taxpayers will also not be able to claim tax benefit
on interest repayment on housing loans. However, the benefit “The thrust of the code is to improve the efficiency and
would be available if the house is rented. equity of our tax system by eliminating distortions in the tax
structure, introducing moderate levels of taxation and
All savings schemes would also come under EET, implying expanding the tax base,” Mr Mukherjee said.
that they would face tax at the time of withdrawal. However, tax
exemption would be available to the Public Provident Fund and tututu
other pension fund schemes on withdrawals of amounts
accumulated up to March 31, 2011. INDIA'S GDP RECORDS 6.1 PERCENT GROWTH IN FIRST
The Code further proposes abolition of STT. Capital gains
QUARTER
on shares and securities have been proposed to be taxed as
India managed a reasonable economic
income, added to other income after indexation with base year
growth of 6.1 percent during the first quarter
2000. “The capital gains regime is proposed to be simplified by
of the current fiscal despite the global
eliminating the distinction between long-term and short-term
financial crisis impacting manufacturing and
capital assets,” Vikas Vasal, executive director, KPMG.
services sectors.
Wealth tax provisions are proposed to be overhauled. Net
Country's Gross Domestic Product (GDP) growth rate
wealth, which would include all wealth of an individual in excess
during April-June 2009 at 6.1 percent was higher than 5.8
of Rs 50 crore, will be chargeable to wealth tax at the rate of
percent in the previous quarter.
0.25%. One of the key changes suggested by the Code includes
giving supremacy to the Indian tax law in case of a dispute
India witnessed a 7.8 percent economic expansion during
between provisions of a tax treaty and the Code, and introduction
the corresponding period of the last fiscal.
of a general anti-avoidance rule to combat tax avoidance.
According to sources, mining and electricity in industrial
This would help the tax authority's deal with cases such as
sector, and financing among services sector posted higher
Hutch-Vodafone, where if they infer that a tax treaty was being
growth of 7.9, 6.2 and 8.1 percent, respectively, in the first
abused for tax benefits, those cases are denied.
quarter of this fiscal, against 4.6, 2.7 and 6.9 percent a year ago.
Besdies, a massive overhaul is suggested for corporate
taxation besides slashing the corporate tax rate to 25%. The new Infrastructure development and community services also
rate would not have any surcharge or cess unlike present. managed to register a growth of 7.1 and 6.8 percent against 8.4
Moreover, the current profit-linked tax incentives for and 8.2 percent, in the last fiscal.
businesses will be replaced with investment-linked incentives.
However, agriculture and manufacturing industry expanded
To put it simply, a company would be able to enjoy tax benefit at a slower rate of 2.4 and 3.4 percent respectively.
only to the extent it invests. But, all the tax exemptions such as
those available to Special Economic Zones would be given time The growth of hotels, trade, transport and communication
“We do not wish to sit on the land. We The LPG variant of Santro GL is priced at Rs 3.49 lakh,
will give it back if the state compensates whereas the LPG variant of Santro GLS is priced at Rs 3.69 lakh.
us,” said Tata when asked about Tata
Motors' plans with the land of the aborted car project. However, tututu
he didn't comment on the quantum of compensation he was
expecting. TELECOM REGULATOR AMENDS VALUE ADDED
SERVICES RULES
In October 2009, before pulling out Tata had said they had
sunk about Rs 1,500 crore for the project. India's telecom regulator made it mandatory for operators to
twice seek confirmation from cell phone users before they
As soon as Tata's comment spread, Trinamool Congress
subscribe to value-added services (VAS).
leaders raised their claim of the land being returned to the
government and the unwilling farmers. “Let them first return
Under the amended rules, subscribers will be required to
400 acres that belong to unwilling farmers, then they can do
first confirm their subscription by pressing any cell phone key
whatever they like with the rest,” said Trinamool Parliamentary
Party chief Sudip Bandopadhyay. other than '*' (star) or '9'.
Mamata Banerjee had launched a strident campaign in The second time, the subscriber will have to reconfirm the
Singur in 2008 against acquisition of land from farmers, which VAS subscription by pressing either '*' or '9', the Telecom
eventually forced Tata Motors to vacate the site and relocate to Regulatory Authority of India (TRAI) said in a statement.
Sanand in Gujarat.
'TRAI considered the matter, and worked out a solution
Tata, who had come to attend Tata Tea's annual general which shall address the concern of the industry as well as protect
meeting, said “Bengal still remains in our heart,” and added that the interest of consumers about ease of subscription to value
his company has no intention of being an impediment to the added services and prevention of unintentional or accidental
overall development of the state. activation of value added service,' it said.
Adlabs Films, India's leading film and media Services "India definitely quitted the IPI
Company, and a member of the Reliance Anil Dhirubhai Ambani (India-Pakistan-Iran) gas pipeline deal,"
Group, announced that it the report said citing Pakistani
proposes to change its name to ambassador to Iran, Muhammad Bux
Reliance MediaWorks Limited, Abbasi, as saying.
subject to shareholders and
other requisite approvals.
Abbasi added that Pakistan plans to
increase its crude oil import from Iran. Iranian officials,
For the year ended March
however, said India has not yet officially declared its intention.
31, 2009, the Company delivered total revenues of Rs. 733 crores
($152 million), reflecting a Compounded Annual Growth Rate
(CAGR) of 80 per cent in the last three years. In May this year, Tehran and Islamabad signed a $7.5-billion
deal to supply gas from Iran to Pakistan. As per the deal, Iran
The original name, Adlabs Films, was reflective of the would initially supply 30 million cubic meters of gas per day to
company's initial business as a film processing laboratory. Pakistan which would be later increased to 60 million cubic
Pursuant to the Reliance ADA Group acquiring the controlling meters per day.
stake in Adlabs in the year 2005, the company has witnessed
transformational growth in the canvas and scale of its Iran, Pakistan and India had conceptualised the project in the
operations. 1990s to help boost peace and security in the region, besides
mitigating the power crisis. India stopped negotiations on the
Commenting on the development, Anil Arjun, Chief project due to tension with Pakistan, although Iran repeatedly
Executive Officer said, “The name Reliance MediaWorks encouragedNewDelhitorejointheprocess,accordingtothereport.
Limited more accurately reflects our identity as a diversified
film and media services company with a global presence. We are The pipeline would run 2,775 km when linked with the three
privileged to draw upon the international recognition of the countries. The project would have greatly benefited India, which
Reliance Anil Dhirubhai Ambani Group brand, to further do not have sufficient natural gas to meet its rapidly increasing
strengthen our leadership position in the media and domestic demand.
entertainment business. ”
Pakistan has been facing electricity shortfall of more than
The company has a presence in the film exhibition business 3,000 megawatts and plans to generate 4,600 megawatts from
in India and internationally; and has entered new segments of Iranian gas. Islamabad has been under pressure from
the film production value chain including digital post- Washington to abandon the deal.
r The Sweet Falls also called 'Weitden,' in r The Taj Lake Palace, located in the middle of Lake
the native dialect is the most beautiful of Pichola (Udaipur). The palace was built in 1746 by
all the waterfalls in Shillong. It lies Maharana Jagat Singh II, 62nd successor to the royal
about 5 kms from the Happy Valley and is dynasty of Mewar – believed to be descendants of the Sun
about 96 m in height. God.
Cloud Computing
A revolution in IT
Sunil Mittal
Chairman & Managing Director, Bharti Group
S unil Mittal can be called as originator of cellular phone rates in the country by rolling the countries first private national
revolution in India. He is the founder, Chairman and as well as international long-distance service under the brand
Managing Director of Bharti Group and runs India's name ‘IndiaOne’. In 2001, the company entered into a joint
largest GSM-based mobile phone service. Sunil Bharti Mittal's venture with Singapore Telecom International for a $650-
father was an MP. Sunil did not follow his father's footsteps. million submarine cable project, the countries first ever
After graduating from Punjab University in 1970s, he set up a undersea cable link connecting Chennai in India and Singapore.
small bicycle business in Ludhiana in partnership with his
friend. Always on the move and making an impact and excelling in
whatever he did, this clear thinking risk taker has changed the
By 1979, Sunil Mittal realized that his ambitions could not be face of the Indian ICT space. For his contributions he has been
fulfilled in Ludhiana, so he moved out to Mumbai from honoured with several awards. He was chosen as one of the top
Ludhiana. He spent a few years in Mumbai and entrepreneurs in the world for the year 2000
in 1982; Sunil Mittal started a full-fledged and amongst 'Stars of Asia', by 'Business
business selling portable generators imported Week', he received IT Man of the Year
from Japan. This gave him a chance to acquaint Award 2002 from Dataquest and CEO Of
himself with the nitty-gritty's of marketing and the Year, 2002 Award (World HRD
advertising. His business was running smoothly Congress).
but later on the government banned the import
of generators as two Indian companies were He is the member of National Council
awarded licenses to manufacture generators of Confederation of Indian Industry (CII),
locally. Federation of Indian Chambers of
C o m m e rc e & I n d u s t r y ( F I C C I ) ,
Sunil Mittal got interested in push button Chairman, Indo-US Joint Business
phones while on a trip to Taiwan, and in 1982, Council, Member, Advisory Committee
introduced the phones to India, replacing the old constituted by Ministry of IT. Mittal has to
fashioned, bulky rotary phones that were in use his credit the breaking up of the 100 year old
in the country then. Bharti Telecom Limited monopoly of state run companies to operate
(BTL) was incorporated and entered into a technical tie up with telecom services in India.
Siemens AG of Germany for manufacture of electronic push
button phones. By the early 1990s, Mittal was making fax Now he heads a successful empire focused on different areas
machines, cordless phones and other telecom gear. of business through independent Joint Venture companies with
a market capitalization of approximately $ 2 billion, employing
The turning point came in 1992 when the Indian over 5,000 people and still growing. Bharti Foundation has
government was awarding licenses for mobile phone services for funded over 50 schools in Madhya Pradesh and also donated Rs
the first time. One of the conditions for the Delhi cellular license 200 million to IIT Delhi for building a Bharti School of
was that the bidder has some experience as a telecom operator. Technology and Management.
Mittal clinched a deal with the French telecom group Vivendi.
Two years later, Sunil secured rights to serve New Delhi. In In spite of his deep involvement in work, Mittal the man is
1995, Bharti Cellular Limited (BCL) was formed to offer calm, seldom ruffled and very down to earth. He says he achieves
cellular services under the brand name AirTel. a sense of detachment and peace with regular practice of yoga.
He is thankful for a supportive family including a daughter and
Within a few years Bharti became the first telecom company twin sons, with whom understandably he doesn't get much time
to cross the 2-million mobile subscriber mark. The company is to, spend. His brothers Rakesh and Rajan are with him in the
also instrumental in bringing down the high STD/ISD, cellular business.
M.S. Oberoi
Father of 20th century India's hotel business
In 1924, when Mr. Clarke decided to go into business for He passed away at the age of 103 on May 3, 2002.
himself, he invited the industrious Oberoi to join him. The first
business venture was a catering contract for the elite Delhi Club. M.S. Oberoi was a quick learner and shouldered many
The next project was leasing an old Simla hotel called the additional responsibilities along with the job of desk clerk. M. S.
Carlton. Renamed to Clarke's Hotel, it was soon a raging Oberoi's diligence prompted Mr. Clarke to request Mohan
success. After five years, with the retirement of Mr. Clarke, Singh Oberoi to assist him when he acquired Clarkes Hotel. At
Oberoi took over the business. It was the first of the hotels that the Clarkes Hotel, M.S. Oberoi gained first hand experience in
Oberoi eventually acquired. all aspects of hotel operations.
“It is a universal rule that the young generation “India has not responded to Pakistan's request
must replace the old generation.” for intelligence-sharing on New Delhi's
– Mohan Bhagwat, RSS chief told television concerns about terrorist attacks being planned
channel 'Times Now' when asked about the from Pakistani soil.”
aging top leadership of the BJP – Shah Mahmood Qureshi, Foreign
Minister Pakistan
“The recovery has started. Sustaining it will “Hindi is necessary for students to integrate
require delicate rebalancing acts, both within with the rest of the country.”
and across countries.” Kapil Sibal, Union HRD minister said while
– Olivier Blanchard, chief economist, said addressing the Council of Boards of Secondary
in an IMF's article Education, New Delhi
‘Situation’ Writer
Lt. Col P. Deogirikar (Retd.)
We can hear the songs through out the 24 hours and at any place, especially after the mobiles have infiltrated our
lives. And these songs could be anything, old or new, classical or jazz, Bhajans or ghazals. While these songs may
have been written for some reel-situations, we could invent some interesting real-situations given in these songs. If
only a part of this song is taken, we could imagine a dozen interesting situations. Shall we try this “reverse
engineering”?
1. A youngster is at the ground floor of a multistorey building The same song can also be useful to the traffic police man in
considering whether to take the lift or use the stairs when a song Indore. He could help the two-wheeler riders beat the traffic jam
comes alive - “Jeena nahin tere bina”. He realizes that his by indicating towards a by-lane.
girlfriend is not with him and coolly takes the lift for the
second floor! 7. When a young man is appearing in an important
examination and knows nothing about the subject, he would be
2. If an overweight youth was taking the stairs as per doctor’s desperate to copy from other student who might be scared of
advice, the song ‘Aaj phir jeene ti tammanna hai, aaj phir allowing for the fear of getting caught. The background should
marne ka irada hai’ could well be played in the background. have this song blaring, “Tujhme rab dikhta hai, yaara main
kya karun?”
3. Another person, typical one with his mouth full of ‘paan’ is
in dire need to spit it out. But he is taking the stairs and finds the 8. If a boy comes back after ‘seeing a girl’ and is humming
God’s photos pasted at the appropriate corners. (Wonder how ‘Tere judwa naina’, it means that so far he was shown only
the God would react if he knows - which he must as he is the those girls who did not have twin (identical) eyes! and are not
‘know-all’- that one of his primary duties is to ensure no spitting in “looking London talking Tokyo!”
the multistoried buildings!) The man takes a good aim and
‘shoots’ between two such photos. Fachhak! And the radio Let us invent some more situations not involving youth.
starts, “Dekh tere insaan ki haalat kya ho gayi bhagwan,
kitna badal gaya insaan..”! Unfortunately, a building 9. If a mali (gardener) is working in the garden while the
occupant, inspired by Lage Raho Munnabhai, may not be owner is reading the newspaper and the song in the background
expected to be cleaning the stains which would remain for long. is “Bagon mein bahar hai, kaliyon pe nikhar hai”, the mali
(By the way, we are so smart that we would spit on the walls if the might confront the owner, “Well, that was the performance
notice says, ‘Deewar par thukna mana hai’. appraisal, now where is the increment?
4. One dutiful brother is late for Rakhi and is desperate to 10. If an old man like me gets excited on his 25th wedding
catch the train from Bhopal while taking a bus from Indore to anniversary and dances with the song, “Dard-e-disco”, next
Bhopal. It appears that he might be late reaching Bhopal railway day the doctor may diagnose the pain to be “Dard-e-khisko’,
station. Which song should he listen to then? “Tu bas de de for some bone (although well padded by the meat around) would
mera saath”! The same song would also be useful when his have shifted.
girlfriend is in the bus and he is not sure that he would be able to
board it through a huge rush. 11. While a salesperson is in the process of displaying the socks
on the pavement, “Mauza hi mauza’ in the background may
5. While on Rakhi, another song “Bhaiyya mere Rakhi ke not be a bad idea.
bandhan ko nibhana” would be apt when Elesh Parujanwala
is walking around. 12. When a tournament is going on and the foreign team is
contemplating leaving for threat of disease or terrorism (as it
6. If a boy is in his hostel room and radio sings “nikal bhi ja, happened in World Badminton tournament at Hyderabad
patli gali se nikal bhi ja”, it could be a hint that the house recently), the loudspeaker in stadium must play, “Pardesi,
owner is downstairs gunning for his room rent. pardesi jana nahin..”
ROLEX
r
r
The first waterproof watch case
The Datejust (1945), the first wristwatch with an
sold to jewellers, who then put their own names on the dial. The automatically changing date on the dial
earliest watches from Wilsdorf and Davis were usually r The first watch to show two time zones at once
hallmarked "W&D" inside the case back. r The first watchmaker to earn chronometer certification
for a wristwatch
In 1908 Wilsdorf registered the trademark "Rolex" and
opened an office in La Chaux-de-Fonds, Switzerland. The Significant events in Rolex history
company name "Rolex" was registered on 15 November 1915.
The word was made up, but its r Rolex is the official time keeper of Wimbledon and The
origin was obscure. Wilsdorf was Australian Open tennis grand slams.
said to want his watch brand's
name to be easily pronounceable r Sherpa Tenzing Norgay and other members of the
in any language. He also thought Hillary expedition wore Rolex Oysters in 1953 at
that the name “Rolex" was altitude 8,848 m on Mount Everest while there are
onomatopoeic, sounding like a attestations and speculation that Sir Edmund Hillary
watch being wound. It was also either carried a Smiths Deluxe or a Rolex to the
short enough to fit on the face of a summit, or both.
watch.
Since its birth at the turn of the century, this powerful brand
In 1914 Kew Observatory has become an icon of sophistication and a possession revered by
awarded a Rolex watch a Class “A” the world's high achievers (a point nicely illustrated by Sir
precision certificate, a distinction Edmund Hilary, who took his to the summit of Mount Everest).
which was normally awarded But today's desire for digital consumerism and the mass-market
exclusively to marine chronometers. medium of the world wide web has meant a host of new
challenges for luxury goods, and many brands are struggling to
In 1919 Wilsdorf moved the company to Geneva, Switzerland retain exclusivity when transferring their products to the net.
where it was established as the Rolex Watch Company. Its name
was later changed to Montres Rolex, SA and finally Rolex, SA. As a part of its brand development strategy, Rolex does not
The company moved out of the United Kingdom because taxes allow the sale of its watches in the virtual world. There are
and export duties on the silver and gold used for the watch cases several instances of counterfeiting goods and in no way Rolex
were driving costs too high. wants to lose its reputation of making world class, reliable,
quality watches. Rolex fears that if the watches are sold in second
Upon the death of his wife in 1944, Wilsdorf established the life, there may be duplications and this might in turn lead to
Hans Wildorf Foundation in which he left all of his Rolex shares, customer confusion and dissatisfaction.
making sure that some of the company's income goes for charity.
The company is still owned by a private trust and shares are not It believes that the watches will speak for it. Rolex has
traded on any stock exchange. carefully and strategically lived up to its brand image. Rolex is in
fact the only company to have shelled out a wide range of watches
During the period when Rolex introduced wristwatches, the as compared to any other company. The uniqueness manifested
pocket watches were more popular. However, it was the in its watches sets it apart from the rest of the crowd. In order to
farsightedness of the founders that the pocket watches would be develop its brand, it manufactures goods after extensive
eventually replaced by the wristwatches. research.
1. Credit and debit 2. Indian public-sector 3. Global telecom. corp. 4. Banking Services
cards brands petroleum co. solutions & services
13. Mobile services 14. Largest gas 15. Pharma and 16. Cable and
transmission co. healthcare products satellite TV
17. India's leading 18. Leaders in 19. Diverse fields 20. Pharma &
industrial conglomerate Agriculture goods healthcare products
r “The future is now” is a slogan used by Microsoft. r Agro Tech Foods is an ITC Group company Its brands
Philosopher JidduKrishnamurti coined this phrase. include Sundrop, Sudham mustard oil, Crystal and Rath
Vanaspati, Healthy World Atta and Dried Green Peas,
r Two of Henry Ford's last possessions were a test tube and Act II popcorn and JustFries snacks.
a theatre seat. The test tube is said to preserve the last
breath of Thomas Alva Edison, and the theatre seat was the r The Oldest Joint Stock Bank of the Country,
one on which Abraham Lincoln was sitting when he was Allahabad Bank was founded on April 24,
shot. 1865 by a group of Europeans at Allahabad.
The Bank became a part of P & O Banking
r Federal Express actually saved Corporation's Group in 1920.
millions of dollars by just
shortening its name to Fed Ex and r In international post the words Par Avion indicate
saving on the paint cost. In fact, transportation by Aeroplane.
that was one of the reasons for
shortening the name. r In 1979, UK businessman Mohamedal-
Fayed bought the Ritz Hotel in the Place
r John Wanamaker created the first department store in Vendôme in Paris.
1876 in US and was the first to issue moneyback
guarantees for retail products. He also pioneered the use r Colonel Mustard is a suspect in the
of newspaper ads to advertise his retail goods. game of Cluedo who holds a military
rank.
r Cosmopolitan' magazine is called the “Women's bible”.
r A cruciverbalist likes to solve CrosswordPuzzles.
r One of the largest Indian contractor in the private sector for
offshore drilling, Aban Loyd was promoted by M A r On a standard British Monopoly board, Mayfair is the
Abraham in 1986 as a tie-up with India Offshore Inc, US. most expensive property to buy.
r Sales feedback from men's wear showrooms of an exclusive r VAIO is a sub-brand for many of Sony's
brand for men showed that there was a great demand for computer products. It was originally an
trousers in sizes 26-28, from women. This led the company acronym for Video Audio Integrated
to introduce a range of garments for women too. Allen Operation, but since 2008 amended to
Solly, owned by Madura Garments, launched the brand's Vi s u a l A u d i o I n t e l l i g e n c e
women's wear range. Organizer to celebrate the brand's
10th year anniversary.
r The world-famous candy bar
Snickers, which is more than 70 r The branding was created by Timothy Hanley to
years old, was named after a horse distinguish items that encompassed the use of consumer
owned by the Marsfamily. audio and video, as well as being conventional computing
products.
r Colonel Sanders, the mascot of US fried chicken
restaurant chain KFC. The image covers 87,500 sq ft in the r The VAIO logo also represents the integration of analog
Nevadadesert. KFC claims that it is the first brand visible and digital technology. The 'VA' represents an analog
from space. wave and the 'IO' represents digitalbinary code.
2. Which Oscar-winning British actor and writer played 9. Who was vice-president of the US from 1989 to 1993?
Kilwillie in the TV series 'Monarch of the Glen'? (1) Richard Nixon
(1) Julian Fellowes (2) John Adams
(2) Robert Pattinson (3) Jimmy Carter
(3) Robert Tillman (4) Dan Quayle
(4) Niel Patrick Harrison
10. In radio terminology, what do the initials 'DAB' stand for?
3. Edele & Keavy Leach were members of which 1990's Irish (1) Digital Air Broadcasting
girl group? (2) Detected Audio Broadcasting
(1) Spiced Gals (3) Digital Audio Broadcasting
(2) B*Witched (4) Detected Air Broadcasting
(3) Bitches and Witches
(4) None of the above 11. Which instrument is traditionally played by the leader of an
orchestra?
4. The overthrow in 1989 of the communist regime in (1) Violin (2) Harp
Czechoslovakia is known as what revolution? (3) Mouth Organ (4) Nothing
(1) Velvet
(2) Operation underground 12. On 14th November 1973, which member of the Royal
(3) Velvet Underground Family was married at Westminster Abbey?
(4) Velvet cushion (1) Princess Anne
(2) Prince Williams
5. Which bird, a member of the Columbidae, is used as a (3) Princess Diana
symbol of peace? (4) Prince David
(1) Pigeon (2) Dodo
(3) Dove (4) Ostrich 13. Tipperary, Meath & Kilkenny are countries in which
European country?
6. In which BBC TV spy drama is Adam Carter played by (1) Germany
Rupert Penry-Jones? (2) Republic of Ireland
(1) Spooks (3) Netherlands
(2) Monarch of the Glen (4) Poland
(3) Dalziel and Pasco
(4) The chase 14. Which playwright was killed in a fight in a tavern in
Deptford in 1593?
7. Which British Rock star duetted with Tina Turner on the (1) Jenise McLevin
1990 UK chart hit, 'It Takes Two'? (2) Josh Bernard
(1) Elvis Priestly (2) Rod Stewart (3) Christopher Marlowe
(3) Michelangelo (4) None of the above (4) None of the above
48 PT’s PrepTalk – September 2009
15. Which shellfish are used in the French dish 'moules 24. Who wrote Tarzan of the Apes in 1912?
marinieres'? (1) Richard Attenborough
(1) Oyster Shells (2) Ben Kingsley
(2) Mussels (3) Edgar Rice Burroughs
(3) Mushells (4) Simon Napes
(4) None of the above
25. Which Japanese martial art translates into English as
16. What is the common name for the large bird that is "empty hand"?
sometimes called the South American Ostrich? (1) Taekwondo (2) Judo
(1) Rhea (2) Dodo (3) Karate (4) Hyuki
(3) Khea (4) Emu
26. Who played the Toymaker in the 1968 film 'Chitty Chitty
17. By what name is a five-sided polygon more commonly Bang Bang'?
known? (1) Roger Moore
(1) Pentax (2) Pentahex (2) Bill Riley
(3) Pentacon (4) Pentagon (3) Benny Hill
(4) Henry Thurman
18. In October 2006, the historic cricketing trophy known as
'The Ashes' left for a three-month tour of which country? 27. Who wrote the novel Chitty Chitty Bang Bang : The
(1) England Magical Car?
(2) Australia (1) David Husselman
(3) India (2) Neigella Atherton
(4) West Indies (3) John Caren
(4) Ian Fleming (he was more famous for James Bond)
19. Which German composer's work includes nine
symphonies, thirty-two piano sonatas and one opera? 28. What is the chemical symbol for Copper?
(1) Michelangelo (1) Cu (2) Co
(2) Banatas (3) Cp (4) Cr
(3) Hublot
(4) Ludwig Van Beethoven 29. In what year was Margaret Thatcher elected as Britain's
first female Prime Minister?
20. Jerome K Jerome's book 'Three Men in a Boat' is an account (1) 1979
of a boating holiday on which English river? (2) 1969
(1) River Thames (3) 1976
(2) River Nile (4) 1981
(3) River Ganges
(4) Pacific ocean 30. Which of these countries does NOT border the Russian
Federation?
21. Who played JR Ewing in the TV series Dallas? (1) Georgia
(1) Rud Kurtson (2) Armenia
(2) Larry Hagman (3) Azerbaijan
(3) Jamie Kings (4) Latvia
(4) Robert Deniers
31. What number is represented by the Roman numeral XLV?
22. How many wives of Henry VIII were beheaded? (1) 45 (2) 25
(1) 2 (2) 3 (3) 35 (4) 50
(3) 5 (4) 8
32. In which field was Frenchman Eugene Ferdinand Victor
23. Where were the 1992 Summer Olympic Games held? Delacroix famous in the 19th Century?
(1) Athens, Greece (1) Poetry
(2) Barcelona, Spain (2) Drama
(3) Morocco (3) Painting
(4) None of the above (4) Architecture
69. In the medical world what do the initials ENT stand for? 77. What is the SI unit for time?
(1) Eyes Nose and Tongue (1) Minutes
(2) Ear Nose and Throat (2) Hours
(3) Eyes Neck and Throat (3) Second
(4) None of the above
(4) Days
70. Which country has an area of approximately 3.85 million
78. For which two films did Steven Spielberg win the Best
square miles, a population of 29 million and her flag is
Director Oscar?
coloured red and white?
(1) ET and Transformers
(1) Russia
(2) Japan (2) AI and Star Wars
(3) Canada (3) Indiana Jones and The Temple of Dome
(4) Korea (4) Schindler's List and Saving Private Ryan
71. Which author and comedian has released the novels "Time 79. Which male athlete won 4 gold medals at the 1984 Los
for Bed" and "Whatever Love Means"? Angeles Olympics for the 100 metres, 200 metres, 400
(1) David Baddiel metre relay and the long jump?
(2) Benny Hill (1) Usain Bolt
(3) Ben Arthur (2) Mark Lewis
(4) Russell Peters (3) Carl Lewis
(4) None of the above
72. Which Commonwealth country had the Prime Ministers
Bill McMahon, Edward Whitlam and John Frasier in the 80. Who wrote the novel Black Beauty, first published in 1877?
1970s? (1) Richard Goweth
(1) Britain (2) Hannah Bourdain
(2) Austria (3) Billy Reidner
(3) Australia (4) Anna Sewell
(4) None of the above
81. Which metallic element has the chemical symbol Pb and
73. What colour light is displayed from the starboard side of a atomic number 82?
ship? (1) Plutonium
(1) Green (2) Red
(2) Lead
(3) White (4) Orange
(3) Platinum
(4) Palladium
74. Who was the leader of the USSR when Yuri Gagarin
became the first man to go into space?
(1) Yvek Krusvek 82. The Gobi desert covers territory in which two countries?
(2) Nikita Krushchev (1) China and Tibet
(3) Niytak Khomonv (2) Tibet and Mongolia
(4) Gistov Richards (3) China and Mongolia
(4) None of the above
75. Who played Edmund Blackadder in the BBC comedy series
Blackadder? 83. Which American city is known as 'the city of brotherly love'?
(1) Ben kingsley (1) New York
(2) Benny Hill (2) Houston
(3) Rowan Atkinson (3) Philadelphia
(4) Bob Carney (4) Florence
89. If diamond is for the 60th and gold for the 50th, what is used 98. Which racecourse in the Republic of Ireland is also a
to celebrate the 20th wedding anniversary? palindrome?
(1) China (1) Cavan
(2) Platinum (2) Navan
(3) Silver (3) Raven
(4) Bronze (4) None of the above
90. Which English scientist discovered Sodium, Potassium, 99. What town was the birthplace of William Shakespeare?
Barium, Calcium and Magnesium? (1) Paris
(1) Madam Marie Curie (2) Vatican city
(2) Stephen Hawkins (3) Stratford-upon-Avon
(3) Sir Humphrey Davy (4) Port Louis
(4) Dennis Cuman
100. Which fruit is also known as the 'Love Apple'?
91. What term is used for the male voice higher than bass and (1) Tomato (2) Pear
lower than tenor? (3) Plum (4) Pomegranate
(1) Vociferous
(2) Basstuner 101. What is the name of the Israeli Secret Service?
(3) Baritone (1) KRG (2) MI5
(4) None of the above (3) Mossad (4) Mustaid
103. What sport is contested between the United States and 112. What city does Sugar Loaf Mountain overlook?
Great Britain for the Walker Cup? (1) Jakarta
(1) Polo (2) Brisk walking (2) Rio de Janeiro
(3) Golf (4) Snooker (3) Sao Paolo
(4) Santa Maria
104. How many squares are on a chessboard?
(1) 32 (2) 72 113. What was the name of the time machine Doctor Who
(3) 64 (4) 16 travelled in?
(1) TIMA
105. How was Eric Hugh Blair, born in 1903, better known? (2) AHEADO
(1) Mark Twain (3) RAPTURED
(2) Charles Dickens (4) TARDIS
(3) George Orwell
(4) None of the above 114. How many players in total are on the field at the start of a
regular game of Gaelic Football?
106. Who was the American president when Neil Armstrong first (1) 30 (2) 22
walked on the moon? (3) 24 (4) 32
(1) Dan Quayle
(2) John Adams 115. What is Britain's largest freshwater fish?
(3) Richard Nixon
(1) The Spook
(4) Jimmy Carter
(2) The Reno
(3) The Pike
107. Which cast member of the TV comedy show Friends also
(4) The Quilo
starred in the movie Scream?
(1) David Schwimmer
116. What is the chemical symbol for Sodium?
(2) Courteney Cox
(1) So (2) Sm
(3) Mathew Perry
(3) Na (4) Nu
(4) Lisa kudrow
108. In North America, what sport is played by the New Jersey 117. How many stars are on the flag of the United States?
Devils and the Florida Panthers? (1) 50 (2) 51
(1) Basketball (3) 53 (4) 55
(2) Ice Hockey
(3) Air Hockey 118. Which actor has played Ken Barlow on Coronation Street
(4) Baseball for over 40 years?
(1) Rick Afferson
109. What was the former name of the country Mynamar? (2) William Roach
(1) Vietnam (3) Buick Quanterly
(2) Indonesia (4) Rodrick Fumbley
(3) Burma
(4) None of the above 119. What country is completely landlocked within the Republic
of South Africa?
110. Which author wrote the "Foundation" series of science (1) Kumbwa
fiction novels? (2) Quavaba
(1) Isaac Asimov (2) Roger Nikson (3) Lesotho
(3) Marie Foster (4) Isaac Kyuzikov (4) None of the above
121. What European capital city stands on the River Tiber? 129. What is the chemical symbol for Potassium?
(1) Berlin (1) K (2) P
(2) Athens (3) Ps (4) Pm
(3) Rome
(4) Brussels 130. Which renaissance artist painted Primavera and The Birth
of Venus?
122. Who was disqualified and stripped of his gold medal for the (1) Michelangelo
100 metres at the 1988 Olympic Games? (2) Leonardo D Vinci
(1) Ben Johnson (3) Dumas
(2) John Mason (4) Botticelli
(3) David Gehlet
(4) Gustov Chvosky 131. The island of Bahrain is connected by a causeway to which
country?
123. What American author wrote the classics "East of Eden", (1) Qatar (2) Saudi Arabia
"Of Mice and Men" and "The Grapes of Wrath"? (3) Somalia (4) Jordan
(1) Isaac Asimov
(2) Roger Nikson 132. Which country's flag (bizzarly) has a garden hoe and a
(3) John Steinbeck Kalashnikov rifle inside a star?
(4) Marie Foster (1) Nigeria
(2) Namibia
124. In which US State is Kilauea, the world's most active (3) Mozambique
volcano? (4) Somalia
(1) Alabama
(2) Arkansas 133. Which Italian author published Pinocchio in 1880?
(3) Hawaii (1) Raymond Cavalli
(4) Utah (2) Valentino Vetra
(3) Carlo Collodi
125. In distance, which planet is sixth farthest from the Sun? (4) None of the above
(1) Saturn
(2) Earth 134. Which scientist published the ground breaking book
(3) Jupiter "Principia Mathematica" in the 17th Century?
(4) Neptune (1) Thomas Jefferson
(2) Isaac Newton
126. What is the well known Japanese word for "empty (3) Robert Hooke
orchestra"? (4) Blaise Pascal
(1) Genre
(2) Karaoke 135. Who was the last Tsar of Russia, who was murdered along
(3) Kliedo with all his family by Bolshevik guards?
(4) Lido (1) Nicholas II (2) Nicholas III
(3) Nicholas IV (4) Rasputin
127. What is the official name of the bottom 9 miles (15 KM) of
the Earth's atmosphere? 136. What is the more common name for ascorbic acid?
(1) Stratosphere (1) Vitamin D
(2) Biosphere (2) Vitamin K
(3) Troposphere (3) Vitamin C
(4) Lithosphere (4) Vitamin B
138. By area, what is the largest country in Africa? 147. Who played Vivien in the BBC comedy The Young Ones?
(1) Namibia (2) Sudan (1) Benny Hill
(3) Zambia (4) Nicaragua (2) George Hopkins
(3) Adrian Edmondson
139. What American band has released the albums "Out of (4) Henry Sopers
Time" and "Automatic for the People"?
(1) Linkin Park 148. In which European country is Transylvania?
(2) ACDC (1) Czechoslovakia
(3) R.E.M. (2) Germany
(4) Metallica (3) Romania
(4) None of the above
140. Which country won the football World Cup in 1934 and
1938? 149. Who wrote the novel Jurassic Park, which the Spielberg film
(1) England (2) Italy was based on?
(3) Argentina (4) Mexico (1) Michael Crichton
(2) Mikhail shvosky
141. How many minutes of play are in an American football
(3) Emily Dickinson
match?
(4) None of the above
(1) 60 (2) 45
(3) 90 (4) 120
150. How many 'dimes' are in a US dollar?
(1) 10 (2) 9
142. Which company produces the computer operating system
(3) 11 (4) 16
Windows?
(1) Microsoft
151. What is the chemical symbol for Gold?
(2) Apple
(3) IBM (1) Au (2) Gu
(4) Non of the above (3) Go (4) Av
143. Which novel, first published in 1719, is based on the real- 152. Which television character has the car registration plate
life exploits of Alexander Selkirk? FAB1?
(1) Alexander (1) Peter Parker
(2) Elixir (2) Batman
(3) Robinson Crusoe (3) Lady Penelope
(4) None of the above (4) None of the above
144. What is the deepest lake in the world, with depths over 153. Which king was killed in the Battle of Bosworth Field in
1,600 metres? 1485?
(1) Lake Superior (1) Richard III
(2) Lake Victoria (2) Richard IV
(3) Lake Tanganyika (3) Richard V
(4) Lake Baikal (Baykal) (4) Richard VI
145. Complete this advertising slogan "Murraymints, 154. Who composed the ballets "The Nutcracker" and "Swan
Murraymints..."? Lake"?
(1) Murraymints (1) Peter Kuisko
(2) Mints (2) Peter Teraky
(3) Too good to hurry mints (3) Peter Tchaikovsky
(4) Free Mints (4) Peter Swarosky
Ashok Leyland
r The genesis of Ashok Leyland lies in a young nation's quest for self-reliance. On Pandit Jawaharlal Nehru's persuasion,
RaghunandanSaran entered automotive manufacture and set up Ashok Motors in Madras for the assembly of Austin cars,
in 1948. Later, in 1955, with equity participation from British Leyland, Ashok Leyland commenced the manufacture of
commercial vehicles.
r A turning point in Ashok Leyland's history came in 1987 when Land Rover Leyland
International Holdings Ltd (LRLIH), the holding company of Ashok Leyland was taken
over by the transnational, multi-billion dollar conglomerate, the Hinduja Group, along with
IVECO, the European trucking giant.
r Since July 2006, the Hinduja Group has become a 100% share holder of LRLIH. Ashok
Leyland is the largest supplier of logistics vehicles to the Indian Army supplying a host of
modern special purpose vehicles such as the Stallion 4x4s. 'Engineeringyour tomorrows'
has been Ashok Leyland's punchline.
r Ashok is the name of the company's founder Saran's son. When India reached out to Pakistan at Wagah in February 1999, it was
an Ashok Leyland bus that took people across the border. Ashok Leyland buses have also been the choice for the
Srinagar–Muzzafarabad and the Poonch-Rawalkot cross-overs.
1. Ans.(4) 23. Ans.(2) 45. Ans.(4) 67. Ans.(3) 89. Ans.(1) 111. Ans.(1) 133. Ans.(3)
2. Ans.(1) 24. Ans.(3) 46. Ans.(3) 68. Ans.(3) 90. Ans.(3) 112. Ans.(2) 134. Ans.(2)
3. Ans.(2) 25. Ans.(3) 47. Ans.(3) 69. Ans.(2) 91. Ans.(3) 113. Ans.(4) 135. Ans.(1)
4. Ans.(3) 26. Ans.(3) 48. Ans.(1) 70. Ans.(3) 92. Ans.(3) 114. Ans.(1) 136. Ans.(3)
5. Ans.(3) 27. Ans.(4) 49. Ans.(2) 71. Ans.(1) 93. Ans.(1) 115. Ans.(3) 137. Ans.(3)
6. Ans.(1) 28. Ans.(1) 50. Ans.(3) 72. Ans.(3) 94. Ans.(2) 116. Ans.(3) 138. Ans.(2)
7. Ans.(2) 29. Ans.(1) 51. Ans.(1) 73. Ans.(1) 95. Ans.(3) 117. Ans.(1) 139. Ans.(3)
8. Ans.(2) 30. Ans.(2) 52. Ans.(2) 74. Ans.(2) 96. Ans.(2) 118. Ans.(2) 140. Ans.(2)
9. Ans.(4) 31. Ans.(1) 53. Ans.(3) 75. Ans.(3) 97. Ans.(3) 119. Ans.(3) 141. Ans.(1)
10. Ans.(3) 32. Ans.(3) 54. Ans.(3) 76. Ans.(3) 98. Ans.(2) 120. Ans.(1) 142. Ans.(1)
11. Ans.(1) 33. Ans.(3) 55. Ans.(3) 77. Ans.(3) 99. Ans.(3) 121. Ans.(3) 143. Ans.(3)
12. Ans.(1) 34. Ans.(1) 56. Ans.(3) 78. Ans.(4) 100. Ans.(1) 122. Ans.(1) 144. Ans.(4)
13. Ans.(2) 35. Ans.(3) 57. Ans.(2) 79. Ans.(3) 101. Ans.(3) 123. Ans.(3) 145. Ans.(3)
14. Ans.(3) 36. Ans.(4) 58. Ans.(1) 80. Ans.(4) 102. Ans.(3) 124. Ans.(3) 146. Ans.(3)
15. Ans.(2) 37. Ans.(1) 59. Ans.(4) 81. Ans.(2) 103. Ans.(3) 125. Ans.(1) 147. Ans.(3)
16. Ans.(1) 38. Ans.(2) 60. Ans.(1) 82. Ans.(3) 104. Ans.(3) 126. Ans.(2) 148. Ans.(3)
17. Ans.(4) 39. Ans.(3) 61. Ans.(2) 83. Ans.(3) 105. Ans.(3) 127. Ans.(3) 149. Ans.(1)
18. Ans.(2) 40. Ans.(3) 62. Ans.(3) 84. Ans.(3) 106. Ans.(3) 128. Ans.(3) 150. Ans.(1)
19. Ans.(4) 41. Ans.(3) 63. Ans.(4) 85. Ans.(2) 107. Ans.(2) 129. Ans.(1) 151. Ans.(1)
20. Ans.(1) 42. Ans.(4) 64. Ans.(3) 86. Ans.(4) 108. Ans.(2) 130. Ans.(4) 152. Ans.(3)
21. Ans.(2) 43. Ans.(2) 65. Ans.(3) 87. Ans.(3) 109. Ans.(3) 131. Ans.(2) 153. Ans.(1)
22. Ans.(1) 44. Ans.(1) 66. Ans.(1) 88. Ans.(1) 110. Ans.(1) 132. Ans.(3) 154. Ans.(3)
India
r The Union Cabinet decided to set up a Group of Ministers r Even as Prime Minister
to assess the impact of the high price of Aviation Turbine Manmohan Singh has
Fuel (ATF) on the aviation industry and suggest steps to promised that “nobody will go
reduce the burden on airlines. The decision to set up the hungry” in the country, the
GoM came within days of the chiefs of major private Centre is asking the States to
airlines as well as Air India apprising Mr. Patel of the put a ceiling on the number of
financial crisis caused by the high ATF prices, steep airport Below Poverty Line (BPL)
charges and low volume of passengers at a time of global beneficiaries under the
downturn. Targeted Public Distribution
System for the purpose of the
r The United States Commission on International National Food Security Bill that
Religious Freedom (USCIRF) placed India on its is in the making. The Union
“Watch List” for 2009 because it found the Central government wants to limit the “targeted” BPL
government had failed to take effective measures to ensure beneficiaries to 5.91 crore as per 2009 population
the rights of religious minorities in several States. estimates, instead of the present 6.52 crore. The majority
of the States have disputed the Centre's poverty estimates
r India and the Association of South and demanded “food for all” under the Bill.
East Asian Nations signed a Free
Trade Agreement, which took nearly r Almost at the fag end of the kharif sowing season, the
six years to negotiate. The FTA, Centre has announced an increase of Rs. 100 a quintal in
relating only to goods, was signed by the minimum support price (MSP) of paddy and a hike
Union Commerce and Industry of Rs. 300 a quintal for arhar (tur) dal over last year. The
Minister Anand Sharma and his MSP for moong dal was raised by Rs. 240 and for sesame by
ASEAN counterparts at a ceremony in Rs.100 a quintal. The move is aimed at encouraging
Bangkok after the two sides held annual consultations. farmers to sell their produce to official procurement
agencies for the central pool.
r The rate of inflation dipped further to minus 1.74 per
cent for the week ended August 1 from (-)1.58 per cent r The Interpol issued Red Corner Notices (RCN) against
despite soaring prices of essential commodities such as Lashkar-e-Taiba (LeT) founder chief, Hafiz
cereals, pulses, sugar, fruits and vegetables. Muhammad Saeed, and mastermind of the Mumbai
terror attacks, Zaki-ur-
r The truce between the former Rehman Lakhvi. The
Rajasthan Chief Minister, warrants were issued by
Vasundhara Raje, and the BJP a Mumbai court on June
leadership remained shortlived as 23 against Saeed and 22
the party suspended two of her others, including
most vocal supporters among the Lakhvi and suspected
MLAs charging them with military official Colonel
“indiscipline.” The orders R. Saadat Ullah, for
suspending Rajendra Singh allegedly hatching a
Rathore, former Minister and party Whip in the Assembly, conspiracy to carry out
and Gyandev Ahuja were issued by the State unit. Both have the attacks in Mumbai
been asked to reply in seven days. last November.
r Prime Minister Manmohan Singh brought back noted r Petroleum and Natural Gas Minister Murli Deora
economist, C. Rangarajan as head of his five-member described the activation of the Mangala Processing
Economic Advisory Council, for the second time. Terminal ( MPT) as a historic achievement, as the crude
Rangarajan, 77, resigned as Rajya Sabha MP, and took over oil production from this block will meet about 20 percent of
as chairman of the important council. the nation's current crude oil production.
60 PT’s PrepTalk – September 2009
News in brief
World
r Leaders of the United States, Mexico and Canada gathered r A 400 billion euro plan to power Europe with Sahara
to present a united front to try to limit the spread of the sunlight is gaining momentum, even as critics see high
H1N1 swine flu , but there is less unity on simmering risks in a large corporate project using young technology in
trade issues. North African countries with weak rule of law. Desertec, as
the initiative is called, would be the world's most ambitious
r U.S. Secretary of State Hillary Clinton solar power project. Fields of mirrors in the desert would
arrived inAngola in a bid to bolster gather solar rays to boil water, turning turbines to electrify a
opportunities for U.S. business in the new carbon-free network linking Europe, the Middle East
major oil producer . Clinton said the and North Africa.
United States wanted to strengthen
relations with Angola, from which the r Saudi Arabia has stopped United
United States imports 7 percent of its oil Arab Emirates citizens entering the
and which rivals Nigeria as Africa's kingdom using identification cards it
biggest oil producer. says show Saudi territory as part of the
UAE. Riyadh has suspended the
r Billions of dollars have been invested by major oil mechanism of using national IDs for
companies Chevron and Exxon Mobil in recent years to moving between the two countries," the
increase production in Angola – both firms pump over half Interior Ministry's Passport Authority
of the country's daily oil production. informed at the Foreign Ministry's website.
r Iran ready for nuclear talks with West. U.S. President r Japan gave Kenya 587millionshilling($7.69million)
a
BarackObama has given Iran until September to take up grant to buy food in response to an appeal by the east
a six-power offer of talks on trade benefits if it shelves food shortage
African country's president who declared a
sensitive nuclear enrichment, or face harsher sanctions. a national disaster.
r Iranian President Mahmoud r African leaders will ask rich nations for $67 billion per
Ahmadinejad has submitted a list of year to mitigate the impact of global warming on the
his proposed new cabinet to parliament, world's poorest continent, according to a draft resolution.
nominating current Commerce Ten leaders are holding talks at African Union (AU)
Minister Massoud Mirkazemi as the headquarters in the Ethiopian capital to try to agree a
new oilminister. common stance ahead of a U.N. summit on climate change
in Copenhagen in December.
r North, south Sudan agrees on implementing peacedeal.
Representatives from Sudan's north and south have agreed r President Obama has condemned
to implement several disputed or neglected elements of a Aung Sun Suu
the sentence given to
2005 peace deal that ended more than two decades of Kyi by the ruling military junta and
fighting. joined the international community in
calling for her immediate release.
r Don Hewitt CBS News'
, the creator of ground-breaking Burmese democracy icon Suu Kyi will
"60 Minutes" program and one of the most influential be detained for a further 18 months
behind-the-scenes figures in television journalism, died at after she was found guilty of violating
the age of 86. the terms of her house arrest.
r Iran's Supreme Leader appointed r South African President Jacob Zuma travels to
Ayatollah Sadeq Larijani as the new head of the Zimbabwe in a bid to ease tensions
country's judiciary. Larijani, a brother of parliament within the strained unity government,
speaker Ali Larijani and a member of Iran's hardline though analysts held out little hope for
constitutional watchdog the Guardian Council, replaces a breakthrough. During his two-day
Ayatollah Mahmoud Hashemi-Shahroudi whose 10-year visit, Zuma met with long-ruling
term has ended. President Robert Mugabe and his new
partner in government, Prime
r Afghanistan went to the polls to elect a president for just MinisterMorganTsvangirai .
the second time in its war-torn history with a sweeping
security clampdown in force to prevent threatened r Taiwan's President Ma Ying-jeou and his government
Taliban attack. had agreed to allow Tibet's spiritual leader the Dalai
Lama to visit the typhoon-hit island. They have decided to
r One of the best known figures in American politics - (agree to) the Dalai Lama's visit to pray for the souls of the
SenatorEdwardKennedy- has died aged 77 after a long deceased and seek blessings for the survivors of the
battle with cancer. After following his brothers into politics, typhoon.
he eventually became the most senior representative of
Massachusetts . He backed Barack Obama to win the 2008 r Israeli Prime Minister Benjamin Netanyahu was set
election and was working closely with the President to help to discuss peace efforts with German leaders and made an
him push through his liberal healthcare reforms. emotional visit to the place where Nazi leaders plotted the
"final solution". The hawkish Israeli leader was to meet
r Russia is worried about North Korean missile and German Chancellor Angela Merkel for talks focused on the
nuclear tests and has deployed sophisticated air defences latest US-backed drive to revive the Middle East peace talks
in its Far East region to protect against any potential test as well as attempts to halt Iran's disputed nuclear
mishap, informed Russia's top general. They have an S-400 programme.
division there," informed General Nikolai Makarov, chief of
staff of the Russian armed forces, confirming that Russia r Iran's hardline President MahmoudAhmadinejad called
had deployed its most advanced anti-missile defence for the first time for the punishment of opposition leaders
system near the border with North Korea. over the street unrest unleashed by his disputed re-election
in June. Ahmadinejad also renewed the Islamic republic's
r Pakistani helicopter gunships stepped up attacks on allegations that Britain sought to overthrow the regime. It is
Taliban positions in the South Waziristan region
, a day the first time Ahmadinejad has made such a call against his
after militants confirmed that their leader was dead and political opponents, who have charged his re-election was
announced his successor. fraudulent.
r Venezuelan President Hugo r Icelands' parliament has voted in favour of a bill to pay
Chavez has warned he will break off back Britain the billions of pounds lost in the collapse of
diplomatic ties with Bogota over a online bank Icesave. The Icelandic
controversial US deal to use £3bn
government will pay more than
Colombian military bases, which he to the UK and Netherlands in a
termed a "declaration of war." Chavez move that may pave the way for
was speaking just three days before a further international aid to repair the
regional summit of South American island's hard-hit economy. The bill
leaders in Argentina called to discuss Bogota's agreement authorises repayment to the two
to allow US troops to operate at seven of its bases. countries over 15 years.
r US officials are stepping up pressure on Israeli Prime r U.S. Senator Edward Kennedy , a
Minister BenjaminNetanyahu to cut a deal on curtailing towering figure in the Democratic Party
Israeli settlements, and they're holding out a prize that who took the helm of one of America's
both Netanyahu and President Barack Obama badly most fabled political families after two
want; strong ties between both leaders. older brothers were assassinated, died at
age 77, his family said.
r Amnesty International said that even though Iraq has
addam Hussein's regime
been free from S for six years, r Chinese vaccine maker Sinovachas received approval from
more than 1,000 prisoners are still facing death penalty in Chinese health authorities to mass produce the vaccine,
the country. Panflu, for the H1N1 flu
. The State Food and Drug
Administration gave the green light for the vaccine, which
r The Dalai Lama, on a controversial Sinovac says needs only one 15 microgram dose to be
humanitarian visit to flood-ravaged effective.
Taiwan denounced by China, steered clear
of talking about Tibet but said he was r Celebrity fashion designer Anand Jon was sentenced to
dedicated to the promotion of democracy. a minimum of 59 years in prison for
sexually assaulting aspiring models as
r Australian scientists have set out on a research for the young as 14, the Los Angeles County
proteins that cause multiple sclerosis
(MS). The District Attorney's Office said. Jon, 35,
research will be coordinated by Adelaide University along who had dressed socialite Paris Hilton
with other researchers from Perth, Brisbane and and singer Janet Jackson before his arrest
Melbourne. in 2007, was last November found guilty
of 16 counts, including rape, sexual
r After weeks of denial, the Pakistani Taliban battery and performing lewd acts on a
acknowledged for the first time that their chief Baitullah
Mehsud has died of wounds sustained in a US drone strike Logo Quiz: Answer Key
in the country's lawless tribal belt. Top militant
commanders Hakimullah Mehsud and Wali-ur-Rehman 1. VISA 11. Sun-microsystems
confirmed that the Taliban leader is dead. 2. Indian oil 12. Steel Authority of India
3. alcatel-lucent 13. Vodafone
r Disgraced Pakistani scientist, A Q 4. Andhra-bank 14. Gas Authority of India
Khan , who ran a clandestine nuclear 5. Yes Bank 15. Wockhardt
proliferation network, filed a petition 6. deutsche bank 16. DirectTV
in a court seeking the removal of the 7. Reuters 17. RPGGroup
protocol accorded to him by the 8. MasterCard 18. Kisan Group
government, saying that it made him 9. Hindustan-Motors 19. Bharat electronics
feel like a"prisoner" . 10. Indian Bank 20. Unichem
r General Motors has agreed to set up a light commercial r IT Company Tata Consultancy Services (TCS) said it
vehicle production venture with major Chinese automaker was hoping to implement the Centre's ambitious Rs 1,000-
FAW Group, with total investment of 2 bn yuan ($293 mn). crore 'Passport Seva Project' at six pilot locations in October
The 50-50 joint venture, based in the northeast China city this year and will take this number to 77 by June 2010.
of Changchun in Jilin province, will make light-duty trucks
and vans. r The presidents of Russia and India
have pledged to increase the volume
r Mukesh Ambani led Reliance Industries Ltd (RIL) has of trade between their huge nations
decided to get the security covers from the Central to $10 billion next year. Russia's
Industrial Security Force (CISF) for its Jamnagar refinery Dmitry Medvedev and India's
in Gujarat. RIL's Jamnagar refinery is world's biggest Pratibha Patil met in the Kremlin
Greenfield refinery. during Patil's fist visit to Russia.
r Sejal Architectural Glass Limited r In a bid to support drought-hit farmers, State Bank of
(SAGL) plans to invest Rs 1,500 crore to India launched a bouquet of measures for farm loan
meet the increasing demand of float glass borrowers including interest rate reductions on irrigation
in the country, a top company official and crop loans. SBI reduced interest rates for minor
said. irrigation loans upto Rs 25 lakhs to eight per cent in the first
one year and nine per cent in the second and third years.
r The Reserve Bank of India fixed the The existing rates in this category are 10.5 per cent-13, 25
Reference rate for the US currency at Rs 48.88 per dollar per cent.
and the single European unit at Rs 69.81 per euro from Rs
49.06 per dollar and Rs 69.78 per euro respectively. r Competition watchdogs of BRIC (Brazil, Russia, India and
China) countries sought co-operation in tackling cartels
r India's financial hub Mumbai is emerging as one of the and anti-competitive agreements and said they would
"world capitals of the future", with an expanding promote fair and free practices in the market by proper
industrial base, the world's largest movie industry and a enforcement of competition laws.
burgeoning middle class making the city globally
prominent, a latest study has said. r The government has formed a five- member committee
headed by Kirit S Parikh to suggest reforms in pricing of
r Auto component manufacturer, auto and cooking fuels. "The Expert Group headed by
Sona Koyo Steering Systems Ltd, Parikh will submit its recommendations in three months,"
has joined hands with four domestic Petroleum Secretary, R S Pandey told reporters.
and international companies for
producing car parts and will set up r Market regulator SEBI has notified the ICDR guidelines
four manufacturing units for the setting new disclosure norms for companies wishing to
purpose. raise funds from the capital markets.
Sports
r The England badminton team has withdrawn from the r Andy Murray has seized the
World Championships in India due to "a specific momentum a fortnight before
terrorist threat." They took this decision based on their the US Open , the Scot
own assessment of the situation on the ground, having exploding into form with his
takenintoaccounttheFCOTravelAdvicewarningofahigh fifth title of the season at the
threat from terrorism in parts of India, including MontrealMasters.
Hyderabad.
r Dean Richards has been banned from any involvementin
r Andy Murray defeated Jo-Wilfried Tsonga 6-4, 7-6 (10/8) the Heineken Cup for three yearsafter beingfoundguilty
in the semi-finalsof the ATP Montreal Masters to rise to of organising the fabrication of a blood injury and a
secondintheworldforthefirsttimeinhiscareer. TheScot subsequent cover-up when he was director of rugby at
will replace Rafael Nadal in the slot behind Roger Federer Harlequins.
whenthenewrankingswillbereleased.
r Jamaica's Usain Bolt shattered his own 200 metres
r Britain's 2005 marathon world world record to win gold at the world championships in a
champion Paula Radcliffe won breathtaking 19.19 seconds and secure his place as the
theNewYorkhalfmarathon.The35- greatestsprintereverseen.Oneyearexactlyafterheposted
year-old - a world silver medalist at 19.30 seconds at the Beijing Olympics to beat Michael
10,000 metres in 1999 - has been Johnson's "untouchable"19.32 from the Atlanta Games, he
struggling for several months with a sliced another 11 hundredths of a second off just as he did
foot injury whichhad cast doubtover inSunday's100whenheran9.58.
herparticipation.
r The Indian team received an 8-2 plastering at the hands
r Wayne Rooney scored the winner as Manchester of Spain in its first hockey Test. The Spaniards, who are
United began their bid for a fourth consecutive Premier World No. 3, simplytoyedwiththe Indians,pumpingin five
League title with a 1-0 defeat of Birmingham City but goals in the first half before adding three more in the
Liverpoolcrashed2-1atTottenhamHotspur. secondsessiontocompletetherout.
r Britain's Jessica Ennis won her r India let in an early goal and then failed to convert the
country's first-ever world scoring chances to lose 0-1 to England in its first medal
heptathlontitle afterdominating round Group E match of
the gruelling seven-discipline, the women's Junior
two-dayevent.Enniswentintothe World Cup. India, which
final event, an energy-sapping has carried forward three
800m,171pointsaheadofPoland's points to the second phase
Kamila Chudzik and produced a after topping the group,
run of 2min 12.22sec to ensure her place atop the podium now needs to win both its
with a world leading total of 6,731 points. The 23-year-old, matches against Chile and
who had the best personal best around two laps of the top Korea in order to make it
eight competitors, went out hard, overtaking Ukraine's to the semifinals. India
Olympic champion, Nataliya Dobrynska almost began strongly earning two penalty corners, but both were
immediatelyandbuildingupa15-metrelead. wellanticipatedbyEnglandgoalkeeper,GemmaIble.
REEBOK
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A Suitable Boy
by Vikram Seth