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Darkness At Noon On The Ethnic Front- COLOMBO_TELEGRAPH

January 31, 2014 at 5:50 pm

By Izeth Hussain –

 Izeth Hussain

Izeth Hussain

In my article “Re-thinking the Ethnic Imbroglio“, I pointed out that the prospects for a political solution of the ethnic problem “are nil, or almost nil”. With the definitive military defeat of the LTTE in May 2009 we expected that, sooner rather than later, there would be a political solution and there would ensue noon-tide glory in the resplendent isle of Sri Lanka. Instead, what we see looks much more like darkness at noon. I argued that what we need in this situation is a re-thinking of the fundamentals of the ethnic imbroglio. In this article I will continue my own rethinking on the fundamentals, and point out that just now the most important desideratum – the desired but missing thing – is a paradigm shift in our thinking on the imbroglio: we must give primacy to attitudinal change over Constitutional and institutional change.

Remembering The Abduction Of TRO Staff On 29 & 30 January, 2006- COLOMBO_TELEGRAPH

January 31, 2014 at 5:23 pm

By A Special Correspondent

January 29 and 30 (Wednesday and Thursday) mark eight years since the abduction and execution of seven humanitarian staff of the Tamil’s Rehabilitation Organisation (TRO). The abductions occurred in two separate incidents.

The seven TRO staff were travelling from Batticaloa to the TRO Headquarters in Kilinochchi for training on 29 and 30 January, 2006 when they were forced to stopped, in full view of a Sri Lanka Army checkpoint at Welikande on the Batticaloa – Polonnaruwa border, by a ‘white van’ without license plates. The TRO van travelling on the 29th contained five persons and the van on the 30th had 15. The other 13 staff members were released. The seven have never been heard from again and media reports state that they were raped, tortured, and executed. They were:

What Suzuki’s Gujarat plant means for Maruti-Surajeet Das Gupta | New Delhi BS

January 31, 2014 at 5:11 pm

After Maruti Suzuki announced on Tuesday that the proposed factory in Gujarat will be owned not by it (as was originally planned) but by a fully-owned subsidiary of Suzuki Motor Corporation, the company’s stock fell over 8 per cent. It did not mean much for the market that the company had announced a healthy 36 per cent growth in profit for the quarter ended December 2013. Analysts and brokers hammered the share because the move was perceived to harm the interests of the small shareholders and raised serious corporate governance issues.

US troubles may haunt Ranbaxy elsewhere too-Sushmi Dey | New Delhi BS

January 31, 2014 at 4:53 pm

The ban on Ranbaxy Laboratories’ Toansa (Punjab) factory from shipping its products to the United States, the largest market for drugs in the world, has raised serious concerns about the company’s future. The Toansa facility, where active pharmaceutical ingredients, or API, the raw material used in medicine formulations are made, is the fourth Ranbaxy factory in India to face an import alert from the US Food and Drug Administration (US FDA). It had banned the firm’s newly commissioned formulation unit in Mohali (Punjab) in September last year after serious contaminations were observed by its inspectors. The other two US FDA-approved formulation units – at Poanta Sahib (Himachal Pradesh) and Dewas (Madhya Pradesh) – have been under import alert since 2008. Currently, Ranbaxy is allowed to supply products to the US only from its New Jersey-based Ohm Laboratories.

Mitali Saran: Communicating Rahul Gandhi, BS

January 31, 2014 at 4:45 pm

 

Mitali Saran

 The Delhi-based press corps has for years railed against Rahul Gandhi’s signature inaccessibility, and Mr Gandhi has for years made it known to the Delhi-based press corps that it is more or less irrelevant to his purposes. This appears to be changing, to keep pace with instant, 24/7 media, social networking, social aspiration, public expectation, and the deadly competition for the hearts and minds of India that will play out in the upcoming general elections.

SC verdict to help Godrej, Oberoi launch, sell residential projects-K Raghavendra Kamath | Mumbai BS

January 31, 2014 at 4:35 pm

forestThursday’s Supreme Court judgment, which set aside a Bombay High Court (HC) verdict on ‘private forest land’, is expected to help companies such as Godrej Group, Oberoi Realty and Runwal Group to launch realty projects here. This is likely to provide relief to 25-30 stuck real estate projects.

Aditya Birla Nuvo to retire debt: Sushil Agarwal-Dev Chatterjee | Mumbai BS

January 31, 2014 at 4:27 pm

Sushil Agarwal

Sushil Agarwal
The Aditya Birla Group finally sold its business process outsourcing (BPO) unit for $260 million in a deal signed on Thursday. Sushil Agarwal, wholetime director and the chief finance officer of Aditya Birla Nuvo, talked to Dev Chatterjee on the reasons behind the decision to exit the business and what they will do with the cash. Excerpts:

AAP to go all out against ‘corrupt’ netas in polls-Somesh Jha | New Delhi BS

January 31, 2014 at 4:22 pm

Aam Aadmi Party (AAP) convenor and Delhi Chief Minister Arvind Kejriwal announced a list of politicians at its National Council meeting here, against whom it would field strong candidates for the Lok Sabha elections.
The list named 27  politicians, which included leaders such as  Finance Minister P Chidambaram, Petroleum Minister M Veerappa Moily, Law Minister Kapil Sibal, National Conference Chief Farooq Abdullah, former Bharatiya Janata Party (BJP) President Nitin Gadkari and Home Minister Sushilkumar Shinde.

Delhi power crisis: The ball is in Kejriwal’s court-Shishir Asthana | Mumbai BS

January 31, 2014 at 4:18 pm

 

grid

Arvind Kejriwal, chief minister of Delhi, promised a 50% power tariff cut but instead the people of Delhi are likely to face 50% power cut. While it would ultimately result in 50% lower power bill, the chief minister surely didn’t mean that. 

Tata Power sells mine in Indonesia for $500 mn-BS Reporter | Mumbai

January 31, 2014 at 4:10 pm

Faced with losses from the Mundra power project, Tata Power on Friday said that it has sold its 30 per cent stake in one of its Indonesian coal mines for $500 million (Rs 3,135 crore).
The company, which has acquired 30 per cent stake each in two coal mines that belong to Bumi Resources, signed an agreement with one of the entities of the Bakrie group, promoters of Bumi, to sell the stake. Tata Power will continue to hold its stake in Kaltim Prima Coal.
“The current coal price scenario has presented a challenge to the entire coal mining sector. The proceeds from the sale of Arutmin will provide cash to meet the company’s current challenges,” said Anil Sardana, managing director of Tata Power. The company also said that Arutmin is a mine that is spread over a number of pits in South Kalimantan in Indonesia. “It had started posing production and cost viability challenges in its operations,” Tata Power said in a press release.


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