LIVE
Tue, 15 November 2011
CBI offers Rs 10 lakh bounty for info on missing nurse

Timeline  Refresh

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17:51   CIC directs MEA to comply with proactive disclosures under RTI

The Central Information Commission has directed the External Affairs Ministry to comply with the norms of statutory suo-moto disclosures to be made under the Right to Information Act. 

The move comes on a complaint that some information given on the ministry's website under section 4 of the RTI Act, which relates to proactive disclosures by a public authority, are not complete and comprehensive.

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17:43   Meet Annas blog writer
What Anna uttered, Parulekar wrote. So when Anna accused him of misusing the blog, he was stunned. Now, as he speaks to Haima Deshpande of Open, the writer has a singular objective: to clear his name and present the "whole truth'. Read the story on Open magazine.
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17:41   India is still shining, but not rising
The World Economic Forum -- best known for its Davos shindig -- has held a summit in Mumbai for the first time. The rhetoric from participants suggests the India Shining story is still burning brightly. But the refrain is failing to resonate. The numbers tell a different tale. Read the report on breakingviews.com
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17:28   Warning! Faster, more dangerous Bolt at London Olympics

On the Times, London: Usain Bolt is back and this time he is serious. The newly crowned athlete of the year said that he would enter Olympic lockdown in January as he focuses on what would be a remarkable four-gold salvo.

The triple Olympic champion's manager, Ricky Simms, said that he will shun all commercial duties as he targets four titles in London.

Bolt has flirted with the idea of broadening his palette before, talking wistfully of the long jump, but this time he means it. He is considering doing the 4 x 400 metres relay, as well as his traditional 100, 200 and 4 x 100 metres treble. "If I can help to get them [Jamaica] a gold medal, I will want to go on that team," Bolt said.

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17:23  
Just in: Lok Sabha Speaker Meira Kumar convenes an all-party meeting on November 17 ahead of the Winter Session of Parliament.
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17:18   NOTW phone hacking was 'thriving cottage industry'

Phone-hacking at the now shut British Tabloid News of the World was so widespread that it was tantamount to a 'thriving cottage industry', a lawyer said during a judicial inquiry into the matter.  

At least 28 journalists at the News International media group employed private detective Glenn Mulcaire to carry out over 2,200 illegal voicemail tapping during seven years of eavesdropping on public figures, the Leveson Inquiry was told, with a journalist alone making 1,453 requests.  

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17:16  
Just in: Resignation of 12 Telangana MPs has been rejected by the Lok Sabha Speaker as they are not in proper format, say parliament sources.
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17:13   How Obama's drone warfare increases the likelihood of blowback

Early this morning, a drone attack in Pakistan killed seven people. Read one-time US presidential hopeful and author Ralph Nader on stopwar.org.uk on a world where drones are constantly buzzing overhead -- waiting to zap those deemed threats -- risks being a world of lawlessness and chaos.

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17:06   Just married 100,000 times

On the Wall Street Journal: Delhi is gearing up to host more than 100,000 weddings this month, which astrologers say is a most auspicious time to tie the knot.

And the most auspicious day is Nov. 27, when a consensus of more than a dozen wedding planners and industry experts estimated there would be no fewer than 60,000 marriages in the capital.

Read

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17:05  
Shah Rukh Khan tweets: Its kinda fun to do the impossible...its a nutso way to live I am told...but my dna somehow doesn't know any other way to breathe.
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16:43   Mario Testino 'honoured' to present Turner Prize 2011

Celebrity fashion photographer Mario Testino will present The Turner Prize in Gateshead next month. The Telegraph has the story.

 

Who's Testino? Testino makes anyone he photographs look the best they ever will. That's part of his magic. Read

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16:39  
In pictures (and fantastic ones at that) extreme photographer captures daredevils skiing higher than the clouds. On the Daily Mail.
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16:31  

Subramanian Swamy on Twitter: CBI Special Court has Given a stern order: hand over file to me by 17th or else...I will file Contempt case

 

See our 15:51 post.

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16:26   The shrinking universe: Love gone awry
An interesting essay on love in the Hindu.Read
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16:14   CBI doubles bounty to Rs 10 lakh for info on Bhanwari Devi

Just in: The CBI doubles the award to Rs 10 lakh to anyone giving credible
information on missing nurse Bhanwari Devi.

 

Also see related reports:

  • Missing nurse Bhanwari Devi's husband is being questioned by the CBI. (15:37 pm)
  • Rajasthan Cabinet resigns ahead of reshuffle, CM heads to Delhi (14:22 pm)
  • Bhanwari case: CBI search at house of Malkan's brother (14:20 pm)
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16:08   Manipur's roads become a protest tool

All summer, gasoline was in short supply and rationing was in force. People lined up for hours, parking their cars in line at night and returning to wait again in the morning, to get a few liters of oil. In remote and isolated Manipur, blockades ensure that what little commercial life there is gets choked off.

 

Manipur makes it to the Page 1 of the New York Times. Read it for the sheer joy of eyeballing a well-written piece.

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16:03  
On Twitter: Four British-Pakistanis arrested in Birmingham, believed to have been trained in terror camps in Pakistan.
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16:00   Super Mario v Mario Monti: Who's the top Mario?
The incoming Italian PM has been dubbed "Super Mario" for his triumphs as the EU's competition commissioner, but can Mario Monti really compete with the video-game legend? On the Guardian.
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15:54   What the CBI file on 2G holds

This CBI file, which runs into nearly 1,200 pages, has documents purporting to show that Chidambaram had cleared over 60 percent equity dilution in Unitech. Norway-based Telenor had bought shares worth Rs 6,200 crore even before Unitech rolled out its services, reports Firstpost.com.

The CBI has mentioned this in its chargesheet as well, but this file puts it on record that Chidambaram was the last person to clear the Unitech file for equity dilution.

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15:51   Swamy to get CBI's 2G file on Chidambaram in two days

The CBI tells the Delhi court that it will give a file relating to 2G spectrum allocation to Subramanian Swamy in two days.

Janata Party chief Subramanian Swamy has been waiting to get a certified copy of the CBI's 2G file containing documents with endorsements and signatures of former Finance Minister P Chidambaram (now home minister).

Swamy believes this file will prove Chidambaram's complicity in the 2G scam, says Firstpost.com.

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15:47   It's three stars for The Iron Lady

The Guardian reviews The Iron Lady: Phyllida Lloyd's film gives us Thatcher without Thatcherism, writes Xan Brooks but Meryl Streep is astonishing. Read

 

And the Telegraph review we posted earlier: The Iron Lady: Meryl Streep is 'cashing in' on Thatcher, say friends of former PM

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15:43  

Watch on cnn.com: What the world's richest man has to say on the Eurozone crisis.

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15:39   Chinese dissident Ai Weiwei fearlessness draws others in
There are days, maybe just hours left before Ai Weiwei's next confrontation with Chinese authorities. The last time he butted heads with them, it didn't go well: the dissident artist spent 81 days locked up in an unknown place under conditions he describes as 'inhumane'. Read the report on the Globe and the Mail.
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15:37  

Right now: Missing nurse Bhanwari Devi's husband is being questioned by the CBI.

 

Also see our 14:20 pm post: Bhanwari case: CBI search at house of Malkan's brother:

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15:36  

Update on Iran's nuclear programme: Russian scientist Vyacheslav Danilenko's aid to Iran offers peek at N-programme. Read the story on the Washington Post.

Also see: The IAEA report

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15:30   Libyan interim leaders deploy fighters of their new army
Update on Libya from the Washington Post. Hundreds of uniformed men described as members of a new Libyan army have been deployed for the first time to settle a bloody feud between rival militias, officials say. Read
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15:28   Were American troops attacked by Pakistanis?
On the Washington Post: Firefight in Afghanistan leaves Americans wondering whether they were attacked by Pakistani troops. Read
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15:24  

Brahma Chellaney on Twitter: Julia Gillard's welcome move to lift Aussie uranium ban on India driven by post-Fukushima export slump and ensuing need to find new markets.  

 

Here's the context: Australia PM pushes to end India uranium sales ban

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14:59   BJP slams Rahul for 'Don't beg in Maharashtra' comment

This had to happen and here it is...

 

The BJP today said Congress leader Rahul Gandhi's statement at his party rally in Phulpur was indicative of a "divisive mentality". "Rahul's statement that people of UP should not go out of the state indicates his divisive mentality. Why Maharashtra government failed when people from UP were being attacked
there? Where was Rahul Gandhi then?" BJP national vice-president Kalraj Mishra said here. 

Gandhi, while kicking off Congress' election campaign in UP yesterday had said, "People of Uttar Pradesh are appreciated for their hard work wherever they go in search of job...How long will you beg in Maharashtra (for work)? How long will you work as labourer in Punjab?"

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14:56  
Watch: Occupy Wall Street: New York police clearing protestors on bbc.co.uk
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14:48   Thackeray: Airlines troubled, but no impact on Mallya's lifestye

As Vijay Mallya's press briefing in Mumbai continues, Shiv Sena chief Bal Thackeray today opposed any attempt by the government to bail out Kingfisher Airlines saying that if the Manmohan Singh-led UPA has excess money, it should be utilised for re-starting closed textile mills in Mumbai and waiving off loans to farmers. 

"Kingfisher finds itself in trouble due to its owner Vijay Mallya. The airline has no money to pay its employees and purchase fuel for the planes. But, there is no impact on Mallya's lifestyle or his other businesses," Thackeray said in an editorial in party mouthpiece 'Saamana'.

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14:41   Oprah Winfrey receives 'unimaginable' Oscar
Oprah Winfrey received an honorary Oscar for her charitable work on Saturday in what she called an unimaginable moment for a black woman who grew up poor in Mississippi and rose to the top of Hollywood stardom. Read the story on Reuters.
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14:36   The Eatopians: Food entrepreneurs betting big on India

At 160 million people, India's middle class is larger than the total population of the United Kingdom, France, Sri Lanka, Singapore and Australia put together. As the middle class prospered in the past decade or so, it has single-handedly penned the script of India's evolving consumption story. Thanks to these 160 million mouths, India is in the midst of a gastronomic revolution.

Read the Economic Times report.

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14:28  
On to other news: Letting technocrats run Europe is bad politics and bad economics. It's a mistake to put unelected officials in charge of Italy and Greece. Read the opinion piece on the Guardian.
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14:26   India to match Chinese military infra buildup: Antony

In other news, Defence Minister A K Antony today said India was working to match it to protect the country's territory and build an effective deterrence.

Expressing concern over Chinese military infrastructure buildup, Antony said, "China is expanding its military capabilities and their infrastructure in the border area is also increasing substantially and we are concerned about that." The Minister made these remarks when asked about India's response to Chinese military modernization in the Eastern and Northern sectors.

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14:22   Rajasthan Cabinet resigns ahead of reshuffle, CM heads to Delhi
Break from Kingfisher news to tell you that the Rajasthan cabinet has resigned ahead of a reshuffle. The Rajasthan home minister says the CM Ashok Gehlot will go to Delhi this evening for talks. The move comes in the backdrop of the Rajasthan minister Mahipal Maderna's alleged involvement in the Bhanwari Devi case.  
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14:20   Bhanwari case: CBI search at house of Malkan's brother

The CBI today searched the house of Congress MLA Malkhan Singh's brother Parasram Bishnoi in Rajasthan's Bilada town in connection with the Bhanwari Devi missing case.

Parasram was questioned for five hours yesterday by the probe agency at the circuit house here. A CBI team today reached Bilada, 80 km from here, and conducted the search at his residence, officials said.

Meanwhile, sacked Rajasthan Minister Mahipal Maderna who had skipped questioning on "health grounds" yesterday, continued to be in Mathura Das Mathur government hospital in Jodhpur.

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14:13  
Right now, Sanjay Aggarwal, CEO Kingfisher Airlines presents the figures...
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14:11   Unfair for media to write Kingfisher's epitaph: Mallya

Mallya reitereates that the company did not ask the government for a bailout with tax payers money. He says he has asked banks for additional working capital, but it was unfair for the media to write Kingfisher's epitaph.

And in what comes as a relief to Kingfisher employees, Mallya says there will be no layoffs.

Kingfisher has applied to Directorate General of Foreign Trade for direct import of jet fuel.

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14:07   FDI should be permitted for aviation industry: Mallya

Mallya says aircraft reconfiguration will give us incremental revenue generation opportunities. He says there is a need for foreign direct investment in the aviation industry and the government should permit it. "FDI is allowed in Greenfield Airports, why not in aviation," he asks.

Mallya admits that he should have handled the situation better, instead of allowing the media to arrive at its own decision regarding Kingfisher and the so-called bailout.

"We have repaid Indian Oil and BPCL in full, don't owe them a single paisa. But the problem of fuel is greatly compounded in India and the import of fuel should be the last resort, " says Mallya. 

"We have not asked the government for a bailout," adds Mallya. .

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13:56  

Mallya says state governments are enjoying windfall profits at the cost of the aviation industry and points out that phasing out Kingfisher Red does not mean we are shutting down. (The airline cancelled 200 flights last week).

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13:50   Mallya: We are NOT shutting Kingfisher Airlines
Mallya says the company is not shutting down the airline, just reconfiguring flights. 
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13:47   Vijay Mallya breaks his silence on flight cuts

Meanwhile, in Mumbai Kingfisher boss Vijay Malla breaks his silence since the financial crisis hit his airlines.

He says cancellation of our flights is based on wrong reasons. "It was a commercially prudent decision to cut flights since we cannot afford to fly on routes that are not commercially viable. We are accountable to banks, to our shareholders."

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13:43  

More tributes on Peter Roebuck.

 

The Independent pays tribute: There is a hollowness in knowing the press box will never again hear Roebuck's insight.

And another: 'Cricket has its dark secrets, its skeletons'

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13:40   'Peter Roebuck tried to molest me'

Also on the Sun: Former England cricketer Peter Roebuck leapt 70ft to his death as police quizzed him over claims he molested a young man he had groomed on Facebook, it was revealed yesterday.

Bachelor Roebuck, 55, arranged to meet the handsome 26-year-old from a poor Zimbabwean family after making an online offer to help him through university. Read

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13:38   Rocker Pete Doherty haunted by Amy Winehouse's ghost

Tabloid news coming up...

 

From the Sun: Junkie rocker Pete Doherty has fled to Paris because he says the ghost of Amy Winehouse is haunting his London flat. He told pals the 27-year-old's spirit visited him three or four times at the pad close to where she died in Camden in July. Read

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13:34   Katrina to perform item number in Agneepath
We were the first to tell you (see our 10:57 am post), but here's the update. After Sheila Ki Jawani, Katrina Kaif is all set to sizzle on a new item song for Karan Johar's upcoming film 'Agneepath'. The actress will be performing to 'Chikni Chameli' for the Hrithik-Priyanka starrer, scheduled to release on Republic Day next year.Earlier, Katrina did an item song for Farah Khan's 'Tees Maar Khan' and another special song for Salman Khan's 'Bodyguard'.
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13:21   6.4-magnitude quake hits off Indonesia's Maluku
A 6.4-magnitude earthquake struck off Indonesia's eastern North Maluku province today, meteorologists said, but there were no immediate reports of
casualties or damage, and no tsunami alert.
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13:15   Finally, CAG Vinod Rai appears before JPC

Comptroller and Auditor General (CAG) Vinod Rai today appeared before the Joint Parliamentary Committee, a day after his former colleague sought to dismiss the presumptive loss of Rs 1.76 lakh crore due to 2G spectrum
allocation as a "mathematical guess". 

Rai, who appeared before the JPC along with Deputy CAG Rekha Gupta, had written to Committee Chairman P C Chacko requesting the presence of R P Singh, former Director General, Audit (Post and Telecommunications) during his deposition. 

Singh had told the JPC yesterday that his calculation in a draft audit report was based on inflation rate of seven years as the entry fee decided in 2001 was not revised in 2008. He had told the JPC that the "actual loss" due to spectrum allocation was Rs 2,645 crore as against the Rs 1.76 lakh crore in the final report.

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13:14  

Mayawati says the state needs to be split into four for better administration and better development. 

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13:14   Police begin clearing Occupy Wallstreet protestors in NYC

Another important update on the New York Times: Hundreds of New York City police officers began clearing Zuccotti Park of the Occupy Wall Street protesters early Tuesday, telling the people there that the nearly two-month-old camp would be "cleared and restored' before the morning and that any demonstrator who did not leave would be arrested. Read more

 

Also see: Indian activist drums support for Occupy Wall Street. On Rediff.com

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13:05   Mayawati proposes dividing UP into four parts
Just in: UP chief minister Mayawati suggest the division of the state into four parts. A resolution to the effect will be passed during the state assembly session from November 21. The resolution for creating Purvanchal, Bundelkahand,
Awadh Pradesh and Paschim Pradesh will be sent to the Centre
after its passage in the state assembly, announces Mayawati. Details awaited.  
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12:38   Why Rahul Gandhi is an angry young man
Neerja Chowdhury reports from Phulpur where Rahul Gandhi kicked off the Congress campaign for the Uttar Pradesh assembly elections. Read
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12:34   Hindu radicals disguised as Muslims planted Malegaon bombs?
Hindu extremist groups, who carried out the 2006 Malegaon blasts, were disguised as Muslims to mislead investigators, reports Vicky Nanjappa on rediff.com.
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12:31   Why Kingfisher Airlines is right in asking for a bailout
India bailed out many sectors hit hard by the 2008 crisis. If the government does not bail out Kingfisher, it should have a clear-cut policy of not bailing out any company that is in trouble. Read more on Firstpost.com.
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12:29   Will it all be over for one of cricket's most tenacious batsmen?
Ricky Ponting should consider pulling stumps on his decorated career if he fails to shore up his Test future with a big score this week in Johannesburg, or ''risk it all ending in tears'', says one of the architects of Australia's rise two decades ago. Read the report on the Sydney Morning Herald.
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12:27   Rupee hits 32-month low
The rupee fell more than 0.8 percent on Tuesday to its weakest level in nearly 32 months as dollar demand from importers remained strong and worries over Europe's debt crisis kept the euro under pressure. Read the reuters report.
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12:24  

R Rajagopalan on Twitter: Press Council buys laptop for Chairman Justice Katju. He may work more on it less time to speak.

 

Also see: The clarifications by Justice Markandey Katju, Chairman, Press Council of India, on his critical observations of the Indian media.

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12:19   HAL shortlists Goldman Sachs, 3 others for $200 mln IPO
State-run military aircraft maker Hindustan Aeronautics Ltd has shortlisted four banks including Goldman Sachs and Barclays for an initial public offering that is likely to raise $200 million, sources with direct knowledge said. Read the report on Reuters.
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12:16   Gaddafi ditched Blair by keeping chemical weapons hidden

The slain Libyan leader Muammar Gaddafi broke his promise to former British Prime Minister Tony Blair by keeping chemical weapons hidden from the rest of the world, British Prime Minister David Cameron has said.

Cameron added that the new Libyan government had told him that it had identified an arsenal that had been 'kept hidden from the world'.  

Diplomatic sources said several sites thought to contain mustard gas agent and other chemicals had been discovered across the country and were now under armed guard.

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12:08   Meryl Streep's Iron Lady 'an insult to Lady Thatcher'
It is the most eagerly awaited film performance of the year, but is also already proving to be the most controversial. The report on the Telegraph.
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12:06   Peter Roebuck ... a tribute from his first African son

A beautiful and poignant read on the Sydney Morning Herald.

One of the most integral people in my life, Peter Roebuck, has died. He was 55. A universally respected commentator and journalist, Peter Roebuck was in Cape Town covering the current cricket series between Australia and South Africa at the time of his unfortunate death. More

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12:03   US firm on no visa for Modi, praise for Gujarat

The US today said that there is no change in its visa policy with regard to Gujarat Chief Minister Narendra Modi, but asserted that the state has a very
welcoming environment for American business to flourish.

"No, there are no new developments on that," Assistant Secretary of State for South and Central Asia Robert Blake said when asked if there is any review of giving visa to Modi.

The US has previously denied visa to Modi, apparently holding him responsible for the communal riots in Gujarat in 2002. Blake, however, said Gujarat itself remains a very important place for American investment.

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11:58   Surface-to-air missiles to protect London Olympics

Surface-to-air missiles could be used to protect London Olympics, says British Defence Secretary, determined to put in place contingencies in case terrorists attempt to carry out an atrocity by flying an aircraft into a venue packed with fans. Read the Daily Mail story

 

Also see: US officials worried about security at London 2012 Olympics.

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11:54   Roebuck in 'state of utter despair' before his suicide
Further details of the final moments of Peter Roebuck's life emerged on Monday as an investigation was launched into the actions of the police officers in the hotel where he committed suicide by jumping out of a sixth floor window. Read
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11:52   Australia PM pushes to end India uranium sales ban
On Reuters: Australian Prime Minister Julia Gillard is pushing to overturn a ban on sales of uranium to India, removing a diplomatic thorn between the two countries and potentially opening up a new and growing market for Australian suppliers. Read
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11:50   After China, India ranks no 2 in foreign students in US

China and India occupy the top two spots in contributing foreign students to the United States, with the international education sector bringing in USD 21.3 billion into the domestic economy, a new report said. 

Together, the top three sending countries China, India and South Korea comprise nearly half (46 per cent) of the total international enrollments in US higher education, said the report released yesterday by the Institute of
International Education.

 

Also read our 11:32 pm post: Why Americans are choosing to study abroad in huge numbers 

 

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11:47   King of Good Times faces $1bn debt
Vijay Mallya makes it the Sydney Morning Herald over his financial collapse:  The party may be over for India's King of Good Times, Vijay Mallya, the flamboyant tycoon whose Kingfisher Airlines is threatened with collapse. Read
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11:44   Three French aid workers held hostage reach home
Three French aid workers who were held hostage in Yemen for more than five months returned home yesterday after they were freed over the weekend. Neighboring Oman negotiated their release and may have paid an unspecified ransom to their captors, according to wire service reports. Read
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11:39   Meet Lottie Moss, Kate Moss's 13-yr-old sis
On the Daily Beast: Noticed at her sister's wedding in July, Charlotte Moss, 13, has just released images from a new photo shoot. She's reportedly signed to her sister's agency and Mario Testino may be shooting her -- all before she turns 14. See
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11:36   Mohd Ali attends funeral of boxing legend Joe Frazier
Muhammad Ali was among a number of boxing greats to attend the private funeral of former heavyweight champion Joe Frazier. Read the story on the Telegraph.
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11:32   Why Americans are choosing to study abroad in huge numbers
The number of American students who study abroad has been climbing steadily, more than tripling in the last two decades. The need to compete in a globalized world is one reason. Read the story on the Christian Science Monitor.
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11:30   Quietly, the US embarks on an east Asia offensive

If Americans were paying attention to matters of foreign policy over the weekend, it likely had to do with what was discussed at yet another farcical Republican debate, replete with wild distortions of reality and bald admissions of ignorance. What should have been more on the collective radar took place west of South Carolina very far west, in fact, in Hawaii

Read Ishaan Tharoor's blog on Time.com. The writer is Shashi Tharoor's son.

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11:27   The accidental capitalists
Occupy Wall Street's threat of class war could be good for everyone -- rich and poor alike. Read the report on the Foreign Policy magazine. Read
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11:23   FB deactivates Rushdie's profile, makes him use Ahmed
On the Daily Beast. After Salman Rushdie's profile was mistakenly deactivated, he called Facebook a 'bunch of morons.' Then the author threatened a Twitter defection after being forced to go by 'Ahmed.' Read
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11:20   Gloves off after Maoists bury truce
Chief minister Mamata Banerjee tonight formally revived security operations against Maoists after the rebels refused to extend a ceasefire, spoke of war, criticised her peace envoys and appeared to escalate hostilities by killing two Trinamul supporters. Joint forces in pursuit were locked in a gunfight with the killers till late tonight at a Purulia village in the foothills of the Ayodhya hills. Read the Telegraph, Calcutta, report.
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11:12   On Day 2 of AFSPA debate, army chief meets Omar
Wrapping up his "productive" visit to the national capital, Jammu and Kashmir Chief Minister Omar Abdullah had a meeting with Army chief General V
K Singh this morning during which the two discussed AFSPA and security-related issues.
The breakfast meeting with Gen Singh was the last among a series of interactions the Chief Minister had with central leaders including Prime Minister Manmohan Singh and Congress President Sonia Gandhi.
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11:11   Pakistan eyeing China's new 1,000-MW reactor
China's state-run nuclear energy company, China National Nuclear Corporation, said this week its recently-unveiled 1,000-MW reactor, first of its kind in China, had passed safety inspections and was ready for use, even as officials said on Monday they had "not heard about' reports that the CNNC was planning to export two of these reactors to Pakistan. Read the report on the Hindu.
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11:07   Kingfisher recovers after falling by 4 pc in morning trade

Shares of Kingfisher Airlines tanked by as much as 4 per cent in morning trade on the bourses today, but made a smart recovery after the air carrier
announced that its net loss more than doubled to Rs 468.66 crore in the second quarter.
Kingfisher Airlines' net loss widened to Rs 468.66 crore in the quarter ended September 30, 2011, from Rs 230.81 crore in the same period last year.
Reacting to the numbers, the stock opened on a sluggish note on the BSE and then dropped by 2.81 per cent to an early low of Rs 20.75.

The Kingfisher board is expected to meet for the second time today.

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11:05   Dear Rahul, to win in UP, your Hindi has to get better

That's the story on Firstpost.com. Read

Yesterday, the Congress flagged of its campaign trail in UP from Pt Jawaharlal Nehru's constituency in Phulpur, with Rahul Gandhi holding a rally there.

See our Live! commentary yesterday, beginning from the 13:46 pm post.

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11:01   Vatican murder mystery: Was it a gay love triangle?
A salacious crime in the pope's backyard has gone unsolved for almost 14 years. The Daily Beast on the double homicide and the rumored gay love triangle that could be behind it. Read
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10:57  
On Twitter, early-morning tweet from Karan Johar announces: Katrina kaif is doing a full on item song in AGNEEPATH....its a total swinging number called CHIKNI CHAMELI....we shoot it in a week!!
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10:55  
While on drone attacks, read the Al Jazeera report: Pakistani sues US over drone strike
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10:53   Pakistan drone attack kills six in North Waziristan
A US drone attack has killed at least six suspected militants in north-west Pakistan, intelligence officials say. The men were in a compound near Miran Shah town in North Waziristan when the drone fired two missiles. Read
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10:52   Warren Buffett buys IBM stake with $10.7bn investment
Warren Buffett - one of the world's most closely watched investors - has disclosed building a 5.4% stake in IBM. Mr Buffett's Berkshire Hathaway fund started buying shares in the firm in March, eventually spending around $10.7bn. Read the bbc report.  
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10:49   Drugs tested on survivors of Bhopal
Nina Lakhani exposes how survivors of the 1984 Bhopal gas disaster became unwitting guinea pigs in studies funded by Western drug companies. Read the Independent report.
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10:48   CAG Vinod Rai to appear before JPC today

CAG Vinod Rai is expected to explain to the parliamentary panel how the auditor arrived at a presumptive loss figure of Rs 1.76 lakh crore and to counter the figure (loss at Rs 2,645 crore) floated by his former auditor RP Singh

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10:41   Headlines this morning

Petrol price may be cut by Rs 2/ltr from Wednesday (Hindustan Times)
Petrol prices may be cut by Rs 2 a litre from Wednesday as global oil rates have softened and the rupee has stabilised against the US dollar. Read

 

Vinod Rai to appear before JPC, likely to defend loss figure (Hindustan Times)
CAG Vinod Rai is expected to explain to the parliamentary panel how the auditor arrived at a presumptive loss figure of Rs 1.76 lakh crore and to counter the figure (loss at Rs 2,645 crore) floated by his former auditor RP Singh. Read

 

Kingfisher Q2 loss widens to Rs468.66 crore (DNA)
Kingfisher Airlines today reported that its net loss doubled to Rs468.66 crore in the quarter ended September 30, 2011, as higher fuel prices depressed operating margins. Read

 

India is in great distress... intellectual level of majority very low: Markandey Katju (Indian Express)
Katju said only way to regain Indias past glory was through rapid industrialisation, modernisation. Read

 

Aishwarya's delivery: SevenHills Hospital in Mumbai turns fortress (The Times of India) 
As the time of the juniormost Bachchan's arrival is fast approaching, SevenHills Hospital in Mumbai has virtually turned into a fortress with heightened security. Read

 

Omar places AFSPA before Delhi Durbar (The Hindu)
With differences persisting at the highest levels of government on the revocation of the Armed Forces Special Powers Act from certain parts of J&K, Chief Minister Omar Abdullah met the Prime Minister and other top leaders here Monday to press his case for the laws withdrawal from three districts in his state. Read

 

Agni IV successfully test fired (The Hindu)

The two stage surface-to-surface missile is 20 meters-tall and weighs 17 tonnes. The missile zeroed in on to a pre-designated target with great accuracy. Read

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