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January 19, 2009 Posted by | songs | , , , , , , , | Leave a comment

Ramalinga raju

Ramalinga raju

Satyam’s disgraced former chief B Ramalinga Raju, his brother Rama Raju and former CFO V Srinivas will be questioned by the CID on Monday.They were transferred from Chanchalguda jail to CID custody on Sunday and will be questioned for the next four days by the CID.However, Raju is armed with a Hyderabad court order, cushioning him from severe grilling and also the police cannot question him in isolation. Raju’s lawyers will be present.Andhra Pradesh Chief Minister YSR Reddy has said that his government welcomes the CID probe.”We welcome CBI enquiry. we welcome any law enforcement agency to come and investigate any angle in this case,” said Reddy.

Meanwhile, the SEBI petition seeking permission to question Raju also comes up for hearing on Monday.

January 19, 2009 Posted by | software | Leave a comment

India to give Kasab’s DNA sample

India will give Pakistan another set of evidence on the involvement of Pakistani elements in the terrorist attacks in Mumbai.DNA samples and fingerprints of Mohammad Ajmal Amir Kasab, the only terrorist captured alive for the Mumbai terrorist attacks in November 2008, are likely to be handed over to Pakistan soon.Sources say DNA sample is admissible as evidence to determine identity in Pakistani anti-terrorism court. India is also likely to name Zaki-ur-Rehman Lakhvi and Zarar Shah, leaders of the terrorist group Lashkar-e-Toiba, as conspirators of the terrorist attacks in the charge sheet.
India expects Interpol to issue red corner notice against the two Lashkar leaders.Pakistan, which has all but accepted that Kasab is a Pakistani, on Sunday said Indian investigators will “be more than welcome” to help in its probe into the terror strikes.Rehman Malik, chief of Pakistan’s Interior Ministry, said anyone found to be involved in the “heinous” attacks would be prosecuted under the country’s anti-terror laws. “All the culprits (involved in the Mumbai attacks) must be apprehended. Who will support such acts?” he said in Lahore.Earlier, during an interview with Geo News channel, Malik said Pakistan’s investigations into the Mumbai attacks are being conducted under the country’s laws and the government will not accept any foreign pressure in this regard.
Pakistan doesn’t need the assistance of foreign countries but investigators will “be more than welcome” to help in the probe. “Pakistan is very open and the inquiry officers have been bestowed with full powers to fulfill their task,” Malik said. If people were found of involvement in the “heinous” attacks, they would be prosecuted under Pakistan’s Anti-Terrorism Act. On January 5, India handed Pakistan a dossier of evidence that included information on interrogations, weapons and data gleaned from satellite phones used by the attackers who attacked iconic Mumbai targets such as hotels and a Jewish center.India said the material proved Pakistan-based militants plotted and executed the Mumbai attacks. Indian officials have repeatedly alleged that Pakistani intelligence agents were involved. Pakistan denies that, though it has accepted that Kasab is a Pakistani.

January 19, 2009 Posted by | news | , , , , | Leave a comment

Padikathavan-Dhanush,Tamanna

The much-awaited Dhanush starrer ‘Padikathavan’, directed by Suraj and presented by Sun Pictures, was censored and given U certificate in Chennai on  Monday evening.

A commercial entertainer, the movie features Tamanna playing Dhanush’s ladylove. Vivek plays a prominent role. Suraj, who directed films like ‘Maruthamalai’ before, is confident that ‘Padikathavan’ would make it big.

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January 18, 2009 Posted by | Uncategorized | , , , , , , , , , , , | Leave a comment

Chandni Chowk to China

chandnichowk Chandni Chowk To China is a big, bloated misadventure of a movie with a string of set pieces instead of a plot. There are too many gags, too many action scenes, too many item songs, and too much of everything, in fact. The film’s biggest crime, if you ask me, is that it’s an exercise in excess.Akshay Kumar stars as Sidhu, a down-on-his-luck street-side cook in Delhi’s Chandni Chowk who some Chinese tourists mistake for the reincarnation of their ancient warrior who alone can defend their village against the kung-fu crime-lord Hojo (played by Chinese actor Gordon Liu). Encouraged and abetted by Ranvir Shorey playing con artist Chopstick, Sidhu leaves behind his father (Mithun Chakraborty) and heads off to China, where much chaos ensues.
Inspired liberally from Stephen Chow’s Kung Fu Hustle, the comedy in Chandni Chowk To China, although largely slapstick, is enjoyable for the sheer good-natured goofiness Akshay brings to his character. I’m reminded of that scene in the aircraft where he repeatedly attempts to slam shut a stubborn overhead locker, or then that ingenious song sequence in which he fobs off the bad guys in his bumbling, drunken state. The film’s first hour is lighthearted and simple and most of the humor’s derived from Sidhu’s clumsiness and ineptitude. It’s when the film enters its second hour that the cracks begin to show.The track involving the estranged twin sisters — both played by Deepika Padukone — and their reunion with their beggar father is too convoluted and distracting, and it takes away from the film’s central story.

January 18, 2009 Posted by | cinema | , , , , , | Leave a comment

Asin

asin

With several Bollywood projects in hand, southern beauty Asin Thottumkal moved to Mumbai from Chennai but says she has no plans to stay in the city permanently. ‘This is not a permanent shift from south Indian film industry to Bollywood, it’s just that I had two exciting projects, so I came here,’ Asin, who was adjudged the best newcomer at Nokia Star .
Screen Awards for her performance in Aamir Khan starrer ‘Ghajini’, told IANS. The 23-year-old actress, who was also in the Tamil version of ‘Ghajini’, will be next seen in Vipul Shah’s mega budget film ‘London Dreams’ with Salman Khan and Ajay Devgan.

January 18, 2009 Posted by | cinema | , , , , , | 1 Comment

LTTE usig Tamil as a shield

Accusing the Liberation Tigers of Tamil Eeelam of using the Tamils as a shield in the war against the Sri Lankan army, AIADMK general secretary Jayalalithaa rejected the argument that the outfit was the sole representative of the Tamils.“The killing of the innocent Tamils can be avoided if the LTTE allows them safe passage,” she told reporters at the party headquarters here on Saturday. She argued that the Sri Lankan army’s intention was not to kill the Tamils. “But the killing of innocents is inevitable in a war. No country is an exception.” She even took exception to the usage, ‘Eelam Tamils,’ saying it could not be used since there was no separate Eelam. Instead, she preferred the word, ‘Sri Lankan Tamils.’As for the demand for India’s intervention to ensure a ceasefire, Ms. Jayalalithaa said there was a limit to how far one country could interfere in the internal affairs of another country. While her party was for securing the rights of the Tamils on a par with those of the Sinhalese, the fact remained that the LTTE was a terrorist organisation.“Many countries have declared the LTTE a terrorist organisation. It has been banned in India.” Ms. Jayalalithaa said the fast observed by Viduthalai Chiruthaikal Katchi (VCK) leader Thol Thirumavalavan, demanding a ceasefire in Sri Lanka, was a drama.
Asked about the support extended by the MDMK and the CPI, two allies of the AIADMK, to Mr.Thirumavalavan, she said there was no compulsion that the partners in an alliance should have consensus on all issues.

January 18, 2009 Posted by | politics | , , , , , | Leave a comment

Woods honoured to speak at Obama’s inagural

tigerwoods

World number one Tiger Woods has accepted an invitation to speak during U.S. President-elect Barack Obama’s inauguration event in Washington, D.C. on Sunday. “We Are One: The Obama Inaugural Celebration at the Lincoln Memorial” is the first of several events sponsored by the Presidential Inaugural Committee for Obama’s inauguration on Tuesday. “I am honored that I was invited to this historic event and look forward to participating in Sunday’s festivities,” Woods said on his website (www.tigerwoods.com) on Friday. Arguably the greatest player of all time, Woods became the first African-American to win a major at the 1997 U.S. Masters. The 33-year-old clinched his 14th major victory at the U.S. Open in June but has been out of action since as he recovers from reconstructive knee surgery. Woods is among several celebrities who will take part in Sunday’s event at the Lincoln Memorial where civil rights leader Martin Luther King Jr delivered his famous “I Have a Dream” speech in 1963. Others include Hollywood actors Denzel Washington, Jamie Foxx and Queen Latifah and musicians Beyonce, Bono, Bruce Springsteen, Sheryl Crow, James Taylor and Stevie Wonder. George Stephens Jr, the event’s executive producer, said earlier this week a key theme would be Obama’s place in history among other presidents who have led the country in difficult times. “It’s not a celebration of victory; it’s about the country coming together for the future we’re going to face,” Stephens added. “There’s a sense of history about it. Much of the music will be in the context of that history. The Lincoln Memorial is a kind of sacred site.” Sunday’s event, which will be open to the public, will be shown on U.S. cable TV channel HBO, allowing viewers across the United States with access to cable or satellite television to view for free.

January 17, 2009 Posted by | fashion | , , , , , , | 3 Comments

Mercedes Benz

Mercedes is a girl’s name of Spanish origin, referring to a title for the Virgin Mary.Mercedes-Benz is a German manufacturer of automobiles, buses, coaches, and trucks. It is currently a division of the parent company, Daimler AG (formerly DaimlerChrysler AG), after previously being owned by Daimler-Benz. Mercedes-Benz has its origins in Karl Benz’s creation of the first automobile in January 1886 ] and by Gottlieb Daimler and engineer Wilhelm Maybach’s conversion of a carriage by the addition of a petrol engine the same year. The Mercedes automobile was first marketed in 1901. The first Mercedes-Benz brand name vehicles were produced in 1926, following the merger of Karl Benz’s and Gottlieb Daimler’s companies into the Daimler-Benz company

Mercedes Benz wheels are elegantly made to match the elegance of the entire car, not only are they elegant, they are designed in such a way that they would provide your Mercedes Benz with a comfortable ride. The kind of wheels a car has usually dictates the drive handling quality it has. With the kind of wheels Mercedes Benz has, you will surely have a smooth and safe Mercedes Benz ride.Mercedes Benz has always been renowned for its high quality and very stylish rims. The Mercedes offers a wide collection of wheels for a customer to choose from. One of the best and top selling wheels from the Mercedes Benz Wheels line is the EXE Crown Staggered Mercedes-Benz Wheels.This wheel crown diamond polished and comes with anthracite accents.

Mercedes Benz is no ordinary vehicle and deserves a wheel that was designed exclusively for your Mercedes Benz.  Mandrus is a place which makes  wheels for Mercedes Benz vehicles. Mercedes has a perfect looking wheel  while ensuring the perfect technical fit.These wheels are specially designed so there is no compromise.

All  wheels are made hub-centric and do not use cumbersome spacers.  Some of the Mercedes Benz Wheels are   S-Class wheels, SL wheels, SLK wheels, E-Class wheels, C-Class wheels, CLK wheels, CLS wheels, CL wheels GL wheels, ML wheels and R-Class wheels.  Mercedes  Benz wheels have sizes 17 inch, 18 inch, 19 inch, 20 inch and 22 inch .All the weight is on the rear wheels so the car gets pushed,it never gets pulled. Mercedes Benz   have different sizes of wheels that would surely fit your car  whenever you need to replace its wheels.Worldwide around 110 million wheels a year are marketed in after market sales,highlighting on this desire,Mercedes-Benz accessories    Gmbh is offering a new line of incenio designer wheels for the CL class with progressive styling meant to underline the two door cars confident looks.The optimized weight promises to reduce unsprung mass,allowing more direct response from the cl class.



Mercedes Benz   have different sizes of wheels that would surely fit your car  whenever you need to replace its wheels.

January 17, 2009 Posted by | autos | , , | Leave a comment

World bank ranks karnataka first

The World Bank has developed a new Investment Climate Index to help identify the key challenges and bottlenecks to be overcome in attracting business investment. In a policy research working paper, World Bank analyst Guiseppe Iarossi ranks the investment climate in 16 Indian States, using data from a survey of 4,000 entrepreneurs in 2005. Karnataka tops the list, with Kerala a close second. Tamil Nadu comes in at ninth place, overtaken by Gujarat, Andhra Pradesh, Haryana, West Bengal, Maharashtra and Delhi.

Having identified 46 variables descriptive of the business environment in the 16 States, the researcher grouped them into three categories: inputs, infrastructure and institutions. Two dimensions were identified for each category: the objective indicators of cost and the subjective indicators of perception.

Noting that both Delhi and Tamil Nadu seemed to be ranked lower than expected, the paper concludes that Delhi was dragged down by poor power infrastructure and the worst performance in terms of corruption of all 16 States. Tamil Nadu, on the other hand, finds its rankings lowered by poor performance on access to finance, lack of skills and availability of technology, according to paper.

The Index attempts to rank the most important bottlenecks to a better business climate, so that governments can better prioritise policies to remedy them with appropriate interventions. Infrastructure is the biggest variable distinguishing between the best and worst States on the Investment Climate Index, with electricity being the single biggest constraint within that category. This is confirmed by both subjective and objective indicators, with the bottom six States in the rankings facing a large number of power outages and large losses due to such outages. The second most important constraint is poor transportation infrastructure, according to the paper. The World Bank used the 2005 data collected in its Investment Climate Survey to construct the new Index.

January 17, 2009 Posted by | business | , , , , | 1 Comment

Chennai may get 3G technology

CellOne subscribers in Chennai could be the first in south India to have a taste of 3G mobile telephony with BSNL Chennai Telephones preparing to roll out next generation communications in February.

A technical team of Chinese 3 G terminal vendor Huawei Technologies is currently engaged in installing the infrastructure to support the first tranche of 1.5 lakh 3G lines that would transform the way mobile users access the web.The projected speeds on the 3G platform are said to be at least 30 times faster than 2G technology.Chief Minister M. Karunanidhi is slated to soft launch 3G services possibly in February first week and the likely dates are being worked out.According to plan, 3G services would initially be available to CellOne subscribers in Chennai before the rollout is extended to other major cities and towns in the State.Meanwhile, reports from Delhi indicate that the auctioning of spectrum has been deferred a few weeks beyond the already revised date of January 30 to enable the Centre to fix a higher reserve price for spectrum bands.Private mobile operators have been demanding a level playing field for launching 3G to negate any early mover advantage that BSNL and MTNL might get.

It is unclear as of now as to how long the telecom department proposes to put the technology on trial before going commercial.The logistics for ringing in 3 G services featuring high-speed data, video and voice transmission involves setting up an additional 1,000 base transceiver station towers. This would go hand-in-hand with the ongoing drive to augment the 2G network through the commissioning of another 2 lakh lines.

January 16, 2009 Posted by | news | , , , , , | Leave a comment

All survive in Newyork river

US Airways jet with 155 people on board ditched in the frigid Hudson River off Manhattan after apparently hitting a flock of geese on Thursday and officials said everyone was rescued.We’ve had a miracle on the Hudson. David Paterson told a news conference, calling the pilot a hero for landing the Airbus A320 plane in the fast-moving river.”The pilot somehow, without any engines, was able to land this plane … without any serious injuries,” Paterson said.New York Mayor Michael Bloomberg lauded the pilot for ensuring all those on board, including a baby, were safe.”The pilot did a masterful job of landing the plane in the river and then making sure that everybody got out,” Bloomberg said, noting that the pilot was calm enough to walk through the plane twice after landing to ensure everyone was out.

The pilot of Flight 1549 was Chesley “Sully” Sullenberger of Danville, California. Sullenberger is a former Air Force fighter pilot with 40 years flying experience, according to the website of a safety company he founded.The Federal Aviation Administration said it was investigating reports the plane hit a flock of birds after taking off from New York’s LaGuardia airport.Witnesses saw the plane glide in low for an emergency landing, kicking up a cloud of spray in the river, which runs to the west of Manhattan island.US Airways said 150 passengers and five crew were aboard the Airbus A320, headed for Charlotte, North Carolina.

Shortly after takeoff, the pilot radioed flight controllers that he had hit birds, law enforcement sources said.Mark Wilkinson, a commercial pilot waiting for takeoff at LaGuardia shortly after the crash, said the ground controller told him the plane had sucked a bird into an engine after takeoff. He told Reuters in an e-mail that there were many geese near the runways.A passenger told Reuters that a few minutes after takeoff he heard what sounded like and explosion. “The engine blew. There was fire everywhere and it smelled like gas,” said Jeff Kolodjay, from Norwalk, Connecticut.He said the pilot told passengers to brace for impact. After the aircraft ditched, he said, “People were bleeding all over. We hit the water pretty hard. It was scary.

January 16, 2009 Posted by | news | , , , , | Leave a comment

Free online games

This is a world full of games.People intend to play games all their free time to get themselves relaxed.Everyone has passion to live and everyone’s passion will involve gaming.As we are in thye world of computers buying compactdisk  and then installing it is an old method.People like to play online games which provides an network and people  like to compete with others to show how their skills are.Everyone play online games,to get diverted from their hectic work and to enjoy their moment.Gaming is an field which doesnt have ups or downs. Games online teaches people how to play the game and it also has trial versions,so that if we like the game we can play further otherwise we can shift to the next one.

January 16, 2009 Posted by | games, software | , , , | Leave a comment

Priya dutt speaks

Amar targets Congress MP, reminds her Sanjay had campaigned for Jayaprada when Sunil Dutt was alive

Congress MP from Northwest Mumbai Priya Dutt on Wednesday denied media reports that the announcement by the Samajwadi Party to field Sanjay Dutt from Lucknow Lok Sabha seat had led to a family feud even as SP general secretary targeted her for her reported remarks. Singh said Dutt junior had campaigned for the party even when his father the late Sunil Dutt was alive.

Talking to reporters in Mumbai, Priya said her brother was free to contest the Lok Sabha elections from whichever party he wanted to and that his decision would never lead to any feud between them.

There was, however, a faint hint of disappointment on Priya’s part when she said she had not spoken to Sanjay about his seat selection. “Even when marriage happened, I came to know through the press. This time also, I am informed by the press. I am not the one to bring family feud into public domain.”

She said her family had always been with the Congress but added that “if Sanjay chooses to contest from anywhere, it will be his choice. He is free to make independent choices. There will not be any rift between siblings because of that. The seat from which I have been elected was given by the party to me; it is not our family heirloom. If the party chooses to give the seat to someone else, I will continue my father’s work. It is important for me to maintain my parents’ name”.

She also said it would be Manyata’s choice if she wanted to contest elections and that there was no malice between the two.

In New Delhi, while targeting her, Amar Singh told reporters: “When the late Sunil Dutt was alive, Sanjay had campaigned for Jaya Prada when she had contested from Rampur (in Uttar Pradesh). He (Sunil Dutt) should have then asked Sanjay not to campaign.”

The SP general secretary claimed that when the Congress had asked Sunil Dutt to campaign against Jaya Prada, he had refused. “He had said he would not campaign against people in the industry be it Jaya Prada, Shatrughan Sinha or Hema Malini.”

He also criticised noted lawyer Ram Jethmalani for equating Sanjay with Ansal brothers convicted in the Uphaar tragedy. “Ansals were involved in a mass murder,” he said.

Singh said if former cricketer Navjot Singh Siddhu convicted in a murder case could be allowed to contest elections, the same principle could apply on Sanjay.

January 15, 2009 Posted by | politics | , , , , , , | Leave a comment

Big B slams slumdog millionaire

amitabh

Superstar Amitabh Bachchan has criticised Slumdog Millionaire, the Golden-Globe winning movie which tells the rags-to-riches tale of an orphan from a Mumbai slum, for portraying India as a “Third World dirty underbelly developing nation”.”It’s just that the SM (Slumdog Millionaire) idea authored by an Indian and conceived and cinematically put together by a Westerner, gets creative Globe recognition. The other would perhaps not,” Bachchan wrote on his blog.
If the movie projects “India as a third world dirty underbelly developing nation and causes pain and disgust among nationalists and patriots, let it be known that a murky underbelly exists and thrives even in the mostdeveloped nations.”
“Conditions world over are so similar. Perceptions differ, but the reality of life and existence, unchanged. Comments for the film Slumdog Millionaire and the anger by some on its contents, prompt me to say the above,” Bachchan wrote.Bachchan recalled that the “commercial escapist world of Indian cinema” has vociferously battled for years, on the attention paid and adulation given to legendary Satyajit Ray at all prestigious film festivals of the West and not a word of appreciation for the entertaining mass-oriented box office blockbusters that were being churned out from Mumbai.
“The argument: Ray portrayed reality. The other escapism, fantasy and incredulous posturing. Unimpressive for Cannes, Berlin and Venice. But look at how rapidly all that is changing,” he said.Actor Irrfan Khan, who plays a police inspector in Slumdog Millionaire, has rejected criticism about the film and believes the reality of Indian poverty can’t be ignored.

January 15, 2009 Posted by | marketing | , , , , , , , , | Leave a comment

ICC rankings

chrisgayle

India skipper Mahendra Singh Dhoni has been toppled by his West Indies counterpart Chris Gayle, who moved up five ladders to perch on the top of the batsmen’s list in Reliance Mobile ICC ODI Rankings.Dhoni, who is on the second spot of the list with 779 points and an average of 46.84, had to vacate the top slot to Gayle, who have accumulated 783 points with an average of 40.63, thanks to a series of fine performances against New Zealand.The 29-year-old Jamaican managed an impressive 135 off 129 balls including nine fours and five sixes in the final ODI against New Zealand in Napier, although his side eventually lost the match.
The left-hand batsman was last ranked number one nearly five years ago (in April 2004) but he has not been out of the top 20 since the middle of 2002, an ICC release said.India’s left-hand batsman Yuvraj Singh slipped one rung down to the sixth place while South Africa captain Graeme Smith slided down two places to be fifth.Smith is likely to fall even further with injury forcing him out of the upcoming five-match ODI series against Australia, starting on Friday.However, India’s master batsman Sachin Tendulkar retained his 12th spot with 708 points, while Australia skipper Ricky Ponting (740) remaining on the seventh slot.
In the bowlers’ list, which is headed by Australia’s Nathan Bracken, Zaheer Khan (660) is the only Indian, who retained the 11th spot with economy rate of 4.84.New Zealand skipper Daniel Vettori has slipped from the number one spot to second, while Australia’s Mitchell Johnson has gained one place to go fourth in the rankings.However, no Indian figure in the list of all-rounders, which is headed by New Zealand’s Jacob Oram.

January 14, 2009 Posted by | cricket | , , , , , , , , | Leave a comment

UK PM says Pakki was unacceptable

Prime Minister Gordon Brown on Monday added his voice to those condemning Prince Harry for calling an Asian army colleague a “Paki” but said the royal’s apology was genuine and should be accepted.The 24-year-old prince issued an apology after his remarks, captured on a video made in 2006, were published on the News of the World website. He said the comments were made without any racist malice intended.”I think Prince Harry knows these comments were unacceptable,” Brown told GMTV, saying the sincerity of the apology could not be doubted.”I think the British people are good enough to give someone who has actually been a role model for young people and has done well fighting for our country, gone into very difficult situations with bravery, I think they will give him the benefit of the doubt.”Harry is set to face an Army inquiry and Brown said the prince would be meeting his commanding officer soon to discuss the comments.

January 14, 2009 Posted by | news | , , , , , , | 2 Comments

Christiano Ronaldo FIFA player of the year

footyCristiano Ronaldo beat off competition from Lionel Messi, Xavi, as well
as Fernando Torres, and last year’s winner Kaka, to win the FIFA World
Player of the Year Award with a total of 935 vote points.In second place was Barcelona star Lionel Messi with 678, while Liverpool striker Fernando Torres finished third with 203.
AC Milan star Kaka was not far behind in fourth with 183, while Barcelona’s Xavi ended up fifth with 155.The
attacking wideman had a magnificent 2007/08 season, scoring 42 goals
for Manchester United, and capturing the Premier League, Champions
League and European Golden Boot. He followed this up this term by
lifting the Club World Cup in Japan.Ronaldo caps off a clean
sweep of the major awards, having also picked up the prestigious Ballon
d’Or (European Footballer of the Year) at the end of 2008.
The
23-year-old becomes the first English-based player to be named FIFA
World Player of the Year, and only the second Portuguese, following in
the footsteps of Luis Figo, who triumphed in 2001.
In the women’s category, Brazilian sensation Marta was victorious, winning for the third year in succession.
The
FIFA Fair Play Awards went jointly to the Armenia and Turkey Football
Federations for the work they did in helping bring the two countries
together politically, socially and football-wise.The FIFA Presidential Award was presented to the United States Women’s National Team.

January 13, 2009 Posted by | football | , , , , , , | 2 Comments

Satyam waits for its new boss

The newly appointed board of Satyam Computer Services said on Monday finding a new CEO for the scam-hit company and restating its finances were its top priority. A possible merger with a rival company is also on the table.

On their first day at work, the three members of the board touched down in Hyderabad, held a quick review with company officials at Satyam’s headquarters and then addressed the media, in an attempt to talk up sentiments and restore confidence among employees and customers. They picked their words carefully.

They expressed optimism, but didn’t seek to undermine the challenges that lie ahead. They didn’t set a timeframe for putting Satyam back on track, but promised to give it their best shot.

All told, the best possible scenario for Satyam, experts said, would be one wherein the company eventually finds a buyer. Deepak Parekh, who anchors the new board for now, said the option of merging the company with a rival firm “is always open”, but gave no details.

To find a buyer, Satyam has to first come clean with its finances, which were rigged by its disgraced former chairman, B. Ramalinga Raju, allegedly to the tune of at least Rs 7,100 crore. Parekh said an independent auditor would be appointed within 48 hours to restate Satyam’s finances.

This is also crucial to raising money to pay salaries of its 53,000 employees and meeting running expenses. “There is a doubt (about financial numbers) in everyone’s mind, including ours,” he said.

“Unless we get some authenticated numbers, no bank will give money.” The board will also persuade Satyam’s clients to pay earlier for the services they have already received.

Former NASSCOM president Kiran Karnik, who is also on the new board, said the speed and decisiveness with which the government intervened had helped restore some confidence among Satyam’s stakeholders. “It’s not completely gone.

There is perception of some stability now,” Karnik said. On Monday, Satyam’s shares rose 44 per cent to Rs 34.40, on hopes of a revival.

But most analysts maintained that it would be difficult to entirely undo the company’s slide. As Parekh said himself, getting a good chief executive officer isn’t going to be easy, because “very few want to leave their job and come to a company with such uncertainty”.

Moreover, employees and customers need continuous assurance, and all of that has to be done in a transparent manner, in public glare. Already, clients are looking to switch and employees are passing on resumes to headhunters.

The board needs to be expanded, but few competent candidates are available in the market. Meanwhile, Prime Minister Manmohan Singh held a meeting of senior government officials in Delhi to review the Satyam issue.

“It’s a hell of a job,” said Omkar Goswami, economist and an independent director on the board of Infosys Technologies. “The best thing that can happen to the company is that it finds a buyer.

In the worst case, it faces liquidation, but I hope that doesn’t happen

January 13, 2009 Posted by | news | , , , , , | 2 Comments

Slumdog Millionaire songs download

millionaire

Top place in the movie industry’s Golden Globes awards has gone to the Indian-based drama “Slumdog Millionare.” At the ceremony in Los Angeles it swept four categories, including best director for Danny Boyle. “Slumdog” features a young Indian man in Mumbai who’s looking for love and competing for money on a television game show. Kate Winslet won two awards for best dramatic actress for her role as a frustrated housewife in “Revolutionary Road” and a German woman in “The Reader.” The Globes are a precursor to Hollywood’s Oscar awards.

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January 12, 2009 Posted by | music | , , , , , , , , | 2 Comments