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Voltamp Transformers has recorded a sharp decline in standalone net profit for the three month period ended March 2010.

During the quarter, the company's profit fell 12.40% to Rs 264.52 million as against Rs 301.95 million in 2009.

Net sales during the quarter rose 9.36% to Rs 1,821.35 million, whereas total income for the quarter climbed 6.31% to Rs 1,870.58 million, when compared with the prior year period.

It recorded earnings of Rs 26.15 per share during the quarter, registering 12.40% fall over previous year period.

Well known actor Arshad Warsi, who played 'Circuit' in 'Munnabhai M. B. B. S.' and its popular sequel 'Lage Raho Munnabhai', is at the receiving end of a 'Gandhigiri' lecture.

The National Organisation for Tobacco Eradication (NOTE), in a letter to Warsi Friday, censured him for smoking in an educational institution in south Goa in a film shoot together with co-actor Tusshar Kapoor.

Ace music directors Salim and Sulaiman are famous for scoring hit music for flicks like Kurbaan, Chak De! India, and Rab Ne Bana Di Jodi.

Salim- Sulaiman always worked jointly until Indian Idol 5, where only Salim Merchant, from the pair, is a judge on the show.

That led to a lot of raised eyebrows and people questioned if there were some conflicts between them.

Concerned about poor fielding performance in the current World Twenty20, Pakistan fast bowler Shoaib Akhtar has decided to establish an academy to train youngsters become quality fieldsmen.

Pakistan's fielding nightmare started in the disastrous tour of Australia earlier this year and touched a new low when they dropped five catches to go down to England in the Super Eights.

The maverick pacer said, "I will soon set up an academy for youngsters with the main aim of providing quality fielders to the national side."

Mumbai, May 9 - We've heard of actors carrying their roles home. But Akshay Kumar would be the first actor to take his part in "Patiala House" to the playing field. Getting trained as a bowler, Akshay says he is now almost as good as a national-level player.

"I'm working towards it. Practising my cricket gives me the biggest high," Akshay said.

Mumbai, May 9 - Bollywood producer-director Prakash Jha will travel across seven cities in the country along with the cast of his new film "Raajneeti" to hold discussions with college and university students on political and democratic responsibilities.

The "Raajneeti" team will travel to Bangalore, New Delhi, Chandigarh, Kolkata, Lucknow, Indore and Ahmedabad.