இந்தியா... மஹாத்மாவை இழந்த 61வது ஆண்டு ஜனவரி 30

தனி மனிதன் முப்பது கோடி மக்களை தன் ஆன்மாவால் வளைத்து கட்டுண்ட காலம், தன் வாழ் நாள் பெரும் பகுதி மக்களுக்காகவே வாழ்ந்த மகா பெரியவர். அவர் தன் மக்களால் செல்லமாக "மகாத்மா" என அழைக்கப்பட்ட மோகன் கரம்சந்த் காந்தி.

தன் வாழ் நாள் முழுவதும் மதம், இனம் கடந்து வாழ்ந்தவர். இன்றோ, காந்திநகரை ஆள்பவர் மதம் எனும் போர்வையில் காலம் தள்ளுபவர். மதம், இனம் கடந்ததாலோ என்னவோ, தன் மத யானையால் சுட்டு கொள்ளபடுகிறார், இந்த அபலம் எங்கேனும் காணோம்.

தண்டியாத்திரை, 1930ம்ஆண்டு, தன் சபர்மதி ஆசரமத்தில் மார்ச் மாதம் 12ம் தேதி தொடங்கி, ஏப்ரல் 5ம் தேதி வரை சுமார் 320 கிலோமீட்டர் கடந்து தண்டி அடைந்தார் அதுவும் தன் 61ம் வயதில். நிஜமான மஹாத்மா தான்.

ஆறு ஆண்டுகால சிறை தண்டனை, 25 வருட போராட்டம், விடுதலை எனும் பரிசு. கடைசியில் 1948, ஜனவரி30,சுட்டுக் கொல்லப்பட்ட போது 'மன்னியுங்கள்' என்று அகிம்சையை போற்றினார்.

பாரத் ரத்னா, பத்ம விபுஷணன், நோபல் போன்ற பரிசுகள் தான் வேண்டாம், அவர் வகுத்த பாதையை யாவது, முட்கள் அண்டாமல், பூக்களை தூவுவோம். வாழ்க மகாத்மா,வளரட்டும் அவர் கொள்கை.

UTI AMC files IPO papers for 4.85 crore equity shares

UTI Asset Management, India's second-largest mutual fund firm, has filed papers for its initial public offer for 4.85 crore equity shares with the Securities and Exchange Board of India.
The IPO is estimated to raise close to Rs 2,000 crore (about $500 million). Its four sponsors and the selling shareholders are State Bank of India, Life Insurance Corporation of India, Punjab National Bank and Bank of Baroda.
UTI AMC, along with its subsidiaries, manages domestic mutual funds, as well as provides portfolio management services and manages overseas funds, venture capital and private equity funds. Its total assets under management stood at Rs 49,541.8 crore as of September 30, 2007.
The company after its IPO, will become the first mutual fund house to be listed on the Indian stock exchanges.
The shares are proposed to be listed on the National Stock Exchange and Bombay Stock Exchange.
The lead managers to the issue are Goldman Sachs (India) Securities, UBS Securities, ICICI Securities, SBI Capital Markets and CLSA India.

Let's salute India's 58th Republic

The Constitution of India came into force, and India declared itself as a "Republic" on January 26, 1950, a date thereafter celebrated annually as Republic Day in India. The Constitution had been drafted by the Constituent Assembly which was set up when India gained its independence from the British in 1947. This, in fact, was a deliberate act: the 26th of January was initially India's "Independence Day", one of Mahatma Gandhi's many symbolic acts during India's struggle for freedom against British colonial rule, and the adoption of the Constitution on this date was felt able to strengthen its initial meaning, one calling for Indians of all ages to declare their freedom from the British Raj. It is one of three national holidays in India, the other two being the nation's Independence Day on August 15 (since 1947) and the birthday of Mohandas K Gandhi or Mahatma Gandhi on October 2. And so, after the disposal of the Empire of India, King George VI was the last and only "King" of modern India.

To mark this occasion, a grand parade is held in New Delhi, the Capital of India, beginning from Raisina Hill near the Rashtrapati Bhavan (Presidential Palace), along the Rajpath, past India Gate and on to the historic Red Fort in the old quarter of the city. Different infantry, cavalry and mechanized regiments of the Indian Army, the Indian Navy and the Indian Air Force march in formation, decked in all their finery and official decorations. The President of India, who is also the Commander in Chief of the Indian Armed Forces, takes the salute. The Chief Guest of the parade is a Head of State of another nation. The parade also includes many traditional dance troupes, to symbolize the cultural heritage of India. It traditionally ends with a colourful flypast by Air Force jets in a tiranga formation. Similar parades are held in the capitals of all the states of India, where the Governors of the respective states take the salute.

துணிந்ததால்... பாரதி கவிஞன்

சி.சுப்பிரமணிய பாரதியார் பிறந்து 125 ஆண்டுகள் உருண்டோடி விட்டன... இத்தனை ஆண்டுகளின் பின்னரும் பாரதியின் குரல் தமிழ்கூறும் நல்லுலகம் எங்கணும் ஒலித்தபடி இருப்பதன் மகிமைதான் என்ன. ... "கலைத் துறையில் துணிவோடிருப்பது மிகவும் அவசியம். இல்லாவிட்டால் அற்பமானவற்றைத் தவிர வேறு ஆர்வமாஃனவை எதையும் நீங்கள் படைத்துவிட முடியாது " என்று கூறினார் லியோ டால்ஸ்டாய். இதற்குத் துணிவுவேண்டும். பாரதியிடம் இருந்த துணிவாற்றலே தன் சாதியையும் சமுகத்தையும் எதிர்து நின்று கவிதைபாட முடிந்தது

Inflation rises to 3.83%

Wholesale price index-based inflation rate grew by 3.83 per cent for the week ended January 12, as prices of manufactured goods and some food articles edged up.
Inflation is still below Reserve Bank's forecast of close to 5 per cent for the fiscal, and bankers expect the central bank to soften its monetary policy stance when it comes up for review on January 29.
"It is likely that the RBI would cut repo rate by 25 basis point in order to align rates with the global trend," HDFC Bank chief economist Abheek Barua said.
Inflation rate for the week ended January 5 was 3.79 per cent and 6.15 per cent in the year-ago period.
CRR rate could be left unchanged as there is enough liquidity in the system, Barua said, adding that further interest rate cut by the US Federal Reserve is not ruled out when it meets on January 30.
Finance Minister P Chidambaram yesterday said in Davos: "Our interest rates are set in order to contain inflation but if (high interest rate) is a dampener to growth, we will respond through appropriate fiscal and monetary measures."
Admitting that there could be an indirect impact of the financial crisis in the US, he said the government was, however, not in favour of putting curbs on capital (inflow).
However, RBI Governor Y V Reddy had said: "We will continue to be sensitive to that (high crude, food prices) as they are essential commodities which have very great impact on the inflationary expectations."
During the week, prices of maize and rice got expensive by 1 per cent, while gram, fish marine and jowar declined by 5 per cent, two per cent and one per cent respectively.

நம்ம கவிஞன் பாரதி

ஜாதி மதங்களைப் பாரோம் - உயர் ஜன்மம்இத் தேசத்தில் எய்தின ராயின்வேதிய ராயினும் ஒன்றே - அன்றி வேறு குலத்தின ராயினும் ஒன்றே

English Translate:
We shall not look at caste or religion, All human beings in this land - whether they be those who preach the vedas or who belong to other castes - are one

Rel Power IPO to make Anil richest Indian

Reliance Power Ltd's IPO, the country's biggest, has helped the promoter Anil Ambani whiz past elder brother Mukesh and NRI tycoon Lakshmi Mittal at the top of India's richie-rich club, with his wealth soaring to more than 60 billion dollars.

As per a list of richest Indians put out by renowned business magazine Forbes late last year, Mittal and Mukesh Ambani were ranked at the top two positions, followed by Anil at the third position.
At Rs 450 a share IPO that was concluded last week, Anil's stake in Reliance Power, to be listed in early February, would amount to about 13 billion dollars. Even before the issue, Anil's fortune was on an upswing while those of Mukesh and Mittal fell since the Forbes list was announced.
Forbes had calculated LakshmiMittal's wealth at 51 billion dollars, based on the value of his shareholding in the world's largest steelmaker ArcelorMittal as on November 2.
However, a plunge in ArcelorMittal's market value since then (about 20 per cent down in past three months) as well as a small drop in his shareholding has cut down his wealth by close to 12 billion dollars.

Mittal's current holding in ArcelorMittal stands at 623.62 million shares or 43.04 per cent, down from 44.79 per cent in November, giving him a net worth of 39.1 billion dollars, on the basis of the company's closing share price of 62.7 dollars on Friday in New York.

According to Forbes list, the net worth of Mukesh and Anil Ambani stood at 49 billion dollars and 45 billion dollars, respectively, as on November 2. However, since that date, the total market capitalisation of Mukesh Ambani group has dropped by 2.95 per cent from Rs 5,19,557.33 crore to Rs 5,04,316.24 crore as on January 18.

Reliance Power Ltd's IPO, the country's biggest, has helped the promoter Anil Ambani whiz past elder brother Mukesh and NRI tycoon Lakshmi Mittal at the top of India's richie-rich club, with his wealth soaring to more than 60 billion dollars.

As per a list of richest Indians put out by renowned business magazine Forbes late last year, Mittal and Mukesh Ambani were ranked at the top two positions, followed by Anil at the third position.
At Rs 450 a share IPO that was concluded last week, Anil's stake in Reliance Power, to be listed in early February, would amount to about 13 billion dollars. Even before the issue, Anil's fortune was on an upswing while those of Mukesh and Mittal fell since the Forbes list was announced.
Forbes had calculated Lakshmi Mittal's wealth at 51 billion dollars, based on the value of his shareholding in the world's largest steelmaker ArcelorMittal as on November 2.
However, a plunge in ArcelorMittal's market value since then (about 20 per cent down in past three months) as well as a small drop in his shareholding has cut down his wealth by close to 12 billion dollars.

Mittal's current holding in ArcelorMittal stands at 623.62 million shares or 43.04 per cent, down from 44.79 per cent in November, giving him a net worth of 39.1 billion dollars, on the basis of the company's closing share price of 62.7 dollars on Friday in New York.
According to Forbes list, the net worth of Mukesh and Anil Ambani stood at 49 billion dollars and 45 billion dollars, respectively, as on November 2. However, since that date, the total market capitalisation of Mukesh Ambani group has dropped by 2.95 per cent from Rs 5,19,557.33 crore to Rs 5,04,316.24 crore as on January 18.

Wockhardt Hospitals’ IPO on Jan 31

Wockhardt Hospitals’
IPO will open on January 31, and close on February 5, the Indian company said on Tuesday. The company intends to utilise the proceeds from the issue to meet the cost of development and construction of greenfield and brownfield hospitals, prepay short-term loans and meet general corporate expenses.
The company has fixed the price band between Rs 280 and Rs 310 per share. It filed a red herring prospectus with the Registrar of Companies, in Mumbai, on January 17, 2008. The issue will constitute 24.06% of the post-issue paid up share capital. Publisher’s Disclosure — Bennett, Coleman & Co holds 1.55% of the post-public issue equity capital of Wockhardt Hospital.

BSNL mulls to come out with IPO

The state owned Bharat Sanchar Nigam Limited (BSNL), the India's biggest phone company by revenues, is all set to make the most of the current boom in the stock markets and an initial public offering (IPO) is on the cards. But it is not just upto Kuldeep Goyal, the Chairman and Managing Director of BSNL, to take the call, the final decision lies with the government. BSNL's earlier attempt for a stock market listing failed to take off because the previous Telecom Minister, Dayanidhi Maran, rejected such proposal. The Communications Minister A Raja is more keen than his predecessor to list BSNL. BSNL is looking at diluting upto 20 per cent stake over the next 6-12 months. The company already accounts for about 47.3 million line basic telephone capacity, 4 million WLL capacity and more than 37,382 fixed exchange. BSNL's strength lies in its massive network that ranges from homes and PCOs in every Indian town from fishermen to farmers.
Source:Anonymous

Investors lose 160 bln dollars within minutes in India share market

Investors lost 6.55 trillion rupees (some 160 billion U.S dollars) on Tuesday within minutes of opening of the Bombay Stock Exchange, which was immediately suspended for an hour after the 30-share barometer index Sensex hit the circuit limit of 10 percent.

This loss comes on top of over 11 trillion rupees (some 300 billion dollars) loss suffered by investors in the last six days.

The Sensex lost 5,251.15 points in last seven trading sessions including Tuesday's early morning trade till suspension, while investors' wealth -- measured in terms of cumulative market capitalization of all the listed companies -- has declined by a whopping 18.4 trillion rupees (some 501.8 billion dollars).

As per information available on the Bombay Stock Exchange website, the total market capitalization stood nearly at 60 trillion rupees (1.63 trillion dollars) at the end of Monday's trading against 71 trillion rupees (1.93 trillion dollars) before bourses began business last week on January 14.

The 30-share barometer Sensex tumbled 2,029.05 points to 15,576.30 within minutes of start of trading Tuesday. Monday it lost 1,408 to 17,605.35 points on concerns regarding the US economy going into recession.

Indian Prime Minister Manmohan Singh Monday said he was confident the local stock market would grow in an orderly manner despite a vicious sell off on Monday.
"Let me say orderly growth of the capital market is a priority concern for our government," said Singh.
A sharp fall in the Indian stock market on Monday was triggered by uncertainties in the global economy and was in no way related to any change in India's economic fundamentals, a statement of the government said.

"The fundamentals in the domestic economy are quite strong. Today's market fall reflects the continuing uncertainties in the global economy and not any change in the fundamentals of the Indian economy," the government said in the statement.

மாறுங்கள், மாற்றம் காணலாம்

ஏட்டையும் பெண்கள் தொடுவது தீமையென்
றெண்ணி யிருந்தவர் மாய்ந்து விட்டார்
வீட்டுக்குள்ளே பெண்ணைப் பூட்டி வைப்போ மென்ற
விந்தை மனிதர் தலை கவிழ்ந்தார் (கும்மியடி)
மாட்டை யடித்து வசக்கித் தொழுவினில்
மாட்டும் வழக்கத்தைக் கொண்டு வந்தே
வீட்டினி லெம்மிடங் காட்ட வந்தாரதை
வெட்டி விட்டோ மென்று கும்மியடி கும்மியடி
பட்டங்க ளாள்வதுஞ் சட்டங்கள் செய்வதும்
பாரினிற் பெண்கள் நடத்த வந்தோம்
எட்டு மறிவினி லாணுக்கிங்கே பெண்
இளைப் பில்லை காணென்று கும்மியடி (கும்மியடி)
காத லொருவனைக் கைப்பிடித்தே யவன்
காரியம் யாவினுங் கைகொடுத்து
மாதர றங்கள் பழமையைக் காட்டிலும்
மாட்சி பெறச்செய்து வாழ்வமடி (கும்மியடி)