Chandila tried to rope in two more players, say police

Ajit-ChandilaNew Delhi, May 17 : Cricketer Ajit Chandila had approached two more Indian Premier League (IPL) players to be part of the spot fixing after bookies asked him to rope in more people, police sources said Friday.

"During questioning, Chandila told police that he met bookies at Country Club in Manesar (adjoining Delhi) on April 6. In the meeting, the bookies asked him to rope in more players for spot fixing. He gave two names and the bookies asked him to bring them to a party where the deal could be discussed," police sources told IANS.

However, the two cricketers refused to be attend the party.


Nargis Fakhri roped in for 'Main Tera Hero'

Nargis-FakhriNew Delhi, May 17 : "Rockstar" actress Nargis Fakhri has bagged a "key" role in Varun Dhawan-starrer "Main Tera Hero".

The movie, produced by Balaji Motion Pictures, will be directed by Varun's father David Dhawan. Actress Ileana D'Cruz, whose performance in "Barfi!" was widely appreciated, is already a part of the movie.

“Ileana and Nargis are playing key roles in the film 'Main Tera Hero'," Girish Johar, head of acquisition and distribution, Balaji Motion Pictures, told IANS.

"Details are being worked upon," he added.


Sonam all for water conservation

Sonam-KapoorBollywood fashionista Sonam Kapoor has called upon her friends, family and fans to conserve water. She has lent support to a campaign Pani Bachao Life Banao.

A three-month-long corporate social responsibility initiative by 92.7 BIG FM, the campaign aims to create awareness about saving water in the country.

“People should follow simple tips at home to save water, like using buckets for bath instead of showers, not keeping tap open with water running and many such small vigilant steps that contribute to creating larger difference in the society,” Sonam said in a statement.


Ranbir, Deepika in TV show for movie promotion

Ranbir-DeepikaNew Delhi, May 17 : "Yeh Jawaani Hai Deewani" stars Ranbir Kapoor and Deepika Padukone are ready to take the small screen route to promote their forthcoming romantic film. They will shoot together with the cast of the serial "Pyaar Ka Dard Hai".

The duo will shoot with the cast in Mumbai Monday.

"They are doing this for the promotion of their movie. They will be coming to celebrate Pankhuri's (lead female character's) birthday," said a source.

The special episode, featuring the Bollywood stars, will air May 27.


Willing to engage unions on inflation, jobs: PM

Manmohan-SinghNew Delhi, May 17 : Prime Minister Manmohan Singh Friday said his government was willing to engage constructively with trade unions to address issues like curbing inflation, generating employment and strictly implementing labour laws.


Mahindra Satyam reports 15% y-o-y drop in Q4 net profit

Mahindra Satyam reports 15% y-o-y drop in Q4 net profitIT services provider Mahindra Satyam announced on Thursday that its quarterly net profit dropped 15 per cent year-on-year.

The Hyderabad-based company said that its net profit fell to Rs 454 crore in the three months ended March 31, from Rs 534 crore in the corresponding period of the previous year.


ITC fourth quarter net jumps 19.4 percent

ITCNew Delhi, May 17 : Conglomerate ITC's fourth quarter (January to March) 2012-13 net jumped by 19.4 percent.

It posted a net profit of Rs. 1,927.98 crore for the quarter ended March 31, 2013 as compared to Rs. 1,614.36 crore for the quarter ended March 31, 2012.

Total Income has increased from Rs. 7,145.44 crore for the quarter ended March 31, 2012 to Rs. 8,511.38 crore for the quarter ended March 31, 2013. (IANS)


Sun TV Network records 11.61% net profit in fourth quarter

Sun TV Network records 11.61% net profit in fourth quarterSouthern television giant, Sun TV Network has recorded an increase of 11.61 per cent in net profit to Rs. 177.50 crore during the quarter till March 2013 compared to Rs. 159.03 crore during the same quarter of the previous financial year.

Kalanithi Maran-owned Sun TV Network said that its sales rose 10.69% to Rs. 472.67 crore in the quarter from January to March, 2013 compared to against Rs 427.01 crore recorded in the fourth quarter of the financial year 2011-2012.


Bill Gates emerges world’s richest person

Bill Gates emerges world’s richest personBill Gates has once against claimed the title of the richest person in the world, according to the latest data released by Bloomberg.

Gates managed to surpass telecom sector billionaire, Carlos Slim of Mexico to become the richest person in the world, according to the Bloomberg Billionaires Index that was released on Friday. The Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals, showed that Mexican telecommunications magnate Carlos Slim ceded the first position to the American entrepreneur.


Gujarat State Fertilizers turnover rise 18%

Gujarat State Fertilizers turnover rise 18%Gujarat State Fertilizers and Chemicals Limited has said that its total turn-over has risen 18 per cent to Rs. 6,253 crore during the financial year 2012-13.

The company also said that its net profit fell to Rs. 518 crore during the financial year compared to Rs. 758 crore recorded in the previous financial year 2011-2012. The board of the company had announced 100 per cent dividend and the company has also increased the pay-out ratio of 18 per cent compared to pay-out ratio of 8 per cent in the previous year.


Don't follow fashion trends blindly: Deepika

DeepikaMumbai, May 17 : When it comes to fashion and style, Deepika Padukone puts the best foot forward. The model-turned-actress feels it is good to keep up with the times, but suggests fashion trends should not be followed blindly.

"Don't try and follow fashion blindly. Yes, of course, trends keep changing, fashion keeps changing and people believe that you should keep up with the times and I don't think that's a bad thing to do. But think at the same time, you should not forget your own personality, the person that you are, your body type, your confidence level and dress accordingly," said the actress while sharing fashion tips at an event.


PC allocates Rs49,000 crore to Maharashtra for annual plan

PC allocates Rs49,000 crore to Maharashtra for annual planThe Planning Commission of India has allocated a sum of whooping Rs. 49,000 crore to the state of Maharashtra for its annual plan and the state will receive an additional Rs. 31,500 crore as public sector enterprises
(PSE) plan.


Bajaj Auto records under 1% fall in net profit

Bajaj Auto records under 1% fall in net profitIndia's second biggest two-wheeler manufacturer, Bajaj Auto has said that it has recorded a fall of 0.77 per cent in net profit for the quarter till March 2013.

The company recorded a net profit of Rs. 766 crore for the quarter form January to March, 2013 compared to Rs. 772 crore recorded in the same quarter of the previous year. The fall in net profit was recorded after four quarters and was mainly due to weak demand for vehicles in the country as well as increased contribution of other income.


'The Great Gatsby' - too much glitz but soul shows through

The-Great-GatsbyFilm: "The Great Gatsby"; Cast: Leonardo DiCaprio, Carey Mulligan, Tobey Maguire, Joel Edgerton, Amitabh Bachchan; Directed by: Baz Luhrmann; Rating***1/2

Baz Luhrmann's lurid, 3-D take on F. Scott Fitzgerald's "The Great Gatsby" works despite itself. Jay Gatsby's doomed love for Daisy Buchanan is in danger of getting subsumed in the glitter of 1920s New York, which unravels in a montage of Charleston and chatter, but the film thankfully finds its soul just in time.


HPCL Visakha refinery suffers major fire due to short circuit

HPCL Visakha refinery suffers major fire due to short circuitThe crude distillation unit of the Visakha refinery of the Hindustan Petroleum Corp Ltd (HPCL) suffered a major fire on Thursday night, causing a widespread panic in the residential areas in the vicinity.

A press release said the fire broke out at around 11 p. m. at the Crude Oil Distillary Unit 3 (CDU3), and could be brought under control only by 4.40 a. m. on Friday.


Govt. raises OBC creamy layer income limit to Rs 6 lakh

Govt. raises OBC creamy layer income limit to Rs 6 lakhThe government on Thursday raised the creamy layer annual income limit from Rs 4.5 lakh to Rs 6 lakh for the Other Backward Classes (OBCs) category, a move that is being seen as a political decision to sway a large section of the society ahead of the next year's general elections.

The raising of the limit means that people under the OBC category and a monthly income of up to Rs 50,000 will be able to take advantage of various reservation benefits provided by the central government in education and services.


Federer, Djokovic, Nadal reach quarters in Rome

Djokovic-Nadal-FedererRome, May 17 : Roger Federer and Novak Djokovic brushed aside their opponents to reach the quarter-finals while Rafael Nadal was made to sweat before reaching the final eight of the Rome Masters here.

Second seed Roger Federer saw off the challenge from French Gilles Simon 6-1, 6-2 to continue his pursuit of a maiden final in 2013. He will now play Jerzy Janowicz, who beat Richard Gasquet 3-6, 7-6(2), 6-4 Thursday, Xinhua reports.

World no. 1 Djokovic dispatched Ukrainian Alexandr Dolgopolov 6-1, 6-4.


Weekly Commodity Update by KediaCommodity

Turmeric June contract on weekly basis showed 5.82% gains due to a drop in daily supplies and some overseas inquiries.

· Supplies have dropped and are expected to be in this range in the short-term.

· Turmeric output is estimated to be lower this year because of reduced plantation area in leading cultivating states.

· Demand from North India is yet to pick up and that is preventing prices from rising.

· Delayed arrival of Monsoon could have adverse implications on the overall rains in the Southern states which have been receiving less rains over last few years.

· Turmeric arrivals slumped to 7,000-8,000 bags in Nizamabad, from 15,000-20,000 bags in the previous week.


Commodity Trading Tips for Mustardseed by KediaCommodity

MustardseedMustardseed yesterday traded with the positive node and settled 0.97% up at 3541 tracking firmness in spot demand on depleting supplies in spot markets. Arrivals in physical markets are gradually improving which may also not allow prices to see any sharp upside movement. The Industry estimated 71.5 Lakh tons of RMseed production this year. As per market sources, restricted supplies by farmers at lower levels along with strong supplies of wheat at higher rates might have reduced the total mustard seed arrivals in all the major producing states.


Commodity Trading Tips for Wheat by KediaCommodity

WheatWheat yesterday traded with the positive node and settled 0.52% up at 1535 continuing its positive trend tracking firmness in spot demand after prices dropped in expectation of a higher new crop. Wheat procurement in the 2013-14 crop marketing year that started on April 1 is expected to culminate at 26-28 million tonnes (mt), a good 10-12 mt less than last year and almost 60 per cent less than the initial estimate of 44 mt. Madhya Pradesh had fixed a target of purchasing nine mt of wheat this year, of which till Wednesday, it has managed to purchase around 5.87 mt.


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