Wednesday, May 8, 2013 | Hyderabad

Close down belt shops: CMAndhra Pradesh government has ordered the excise officials to close down all belt (illicit arrack) shops.Chief Minister N Kiran Kumar Reddy has taken a tough stand on belt shops and instructed the excise office:page 2

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PoliticsWednesday, May 8, 2013 | Hyderabad

Chief Minister N Kiran Kumar Reddy has taken a tough stand on belt shops and instructed the exc ise off ice to immediately initiate action in closing down the belt shops. He also instructed the officials to submit a report on the closure of belt shops within a month's time.Opposi t ion has c o n s i s t e n t l y a t t a c k i n g t h e government on arrack shops and

Hyderabad, May 8): Andhra women organizations have been Pradesh government has ordered the demanding the removal of belt excise officials to close down all belt shops since long.(illicit arrack) shops.

a s k e d t h e p o l i c e commissioner to submit a report on the attack on two s o f t w a r e e n g i n e e r s allegedly by bodyguards of film star Ram Charan Teja.Salim, a lawyer, has filed a petition with the SHRC seeking action against the film star for prompting the a t t a c k o n t h e t w o

Hyderabad, May 8: State Human employees in broad daylight in Rights Commission (SHRC) has heart of the city.

c r o w d s particularly in H y d e r a b a d K a r n a t a k a , t h e r e g i o n wh ich was p a r t o f e r s t w h i l e H y d e r a b a d state.W h e n t o l d a b o u t t h e r e m a r k s attributing to Chiranjeevi Warangal, May 8: The success of

as a political novice, he said, I leave Karnataka has echoed in the state but such comments to their wisdom.in a different tune with minister C State-wide about 25,000 acres of Ramachandriah asks what is wrong g o v e r n m e n t l a n d h a s b e e n if K Chiranjeevi leads the next encroached and we are trying to election battle.regularize them, he said.Chiranjeevi campaigned in the

Karnataka polls and drew huge

ministers aligning with Botsa against the Chief Minister. A complaint was also lodged against Chief Minister and his style of functioning.Another worrying factor is that some of t h e d i s s i d e n t ministers are trying t o p r o j e c t K Chiranjeevi as the future leader. With

Hyderabad, May 8 : State Karnataka results coming in Congress President Botsa favour of Congress, decision Satyanarayana today left for making would be easy for the Delhi with the possibility of High Command. Chiranjeevi had having a d iscuss ion on campaigned extensively in strengthening the party and Karnataka polls.ironing out the differences. It is understood that Chief The dissent in the state cabinet Minister had extended an olive has been worrying the high branch to Botsa before he left for command with a group of Delhi

Botsa leaves for Delhi Close down belt shops: CM

What's wrong if Chiru leads AP

SHRC seeks report on Ram Charan attacking techies

intention to corporatize farming.Allaying fears that the government will take up corporate farming, he said the state has no such plan and the propaganda has been of vested interests. He said that Rythu Sadassu (Farmers Meetings) will be held from tomorrow to May 13.Chief Minister N Kiran Guntur, May 8: Agriculture

Kumar Reddy will inaugurate the minister Kanna Lakshminarayana Rythu Sadassu here, he said.said that the government has no

No corporate farming, says Kanna

CityWednesday, May 8, 2013 | Hyderabad

three years in 27 various subjects related to Sciences, Arts and Humanities.In a letter to the Osmania U n i v e r s i t y V i c e -C h a n c e l l o r , P r o f . S Satyanarayana, University G r a n t s C o m m i s s i o n e x p r e s s e d o v e r a l l satisfaction over the smooth and successful conduct of last year SET examination by Osmania University.Usua l ly UGC gran t s accreditation for one year Hyderabad, May 8: Based on the

but it is a rare distinction that recommendations of the UGC Osmania University is given Expert Committee, the University accreditation for the next three Grants Commission has granted consecutive years starting from June, further accreditation to the Osmania 2013. Osmania University intends to University, for conducting State conduct this year SET Examination Eligibility Test (SET) examinations in August, 2013.for Andhra Pradesh during the next

differences among the ministers in Hyderabad, May 8: Information the state cabinet.Expressing Technology minister Ponnala happiness over the outcome of Lakshmaiah has ruled out any Karnataka elections, he said, the differences in the cabinet and said same results will be replete Karnataka type results will be throughout the country.repeated throughout the country.

He said that there are no

No differences in state cabinet OU to conduct SET exam for next 3 years

Hyderabad, May 8: Board of Intermediate Educa t ion , Andhra Pradesh on Wednesday extended the last date for t h e p a y m e n t o f Examination fee for the 1st and 2nd year of A d v a n c e d Supplementary up to Thursday, 9th May, 2013.No further extension of date or payment with penalty or tatkal scheme will be available for s u p p l e m e n t a r y examinations.The college Principals are requested to collect the Exam fee and take DD category wise and submit Manual Nominal roll on Friday, 10th May, 2 0 1 3 a t R e g i o n a l Inspection Offices.

9th May last day for payment of examination fee: BIE

revulsion against corruption, Chief Minister. measures to bale the country bad governance and utter Dr. JP said it is a matter of out of the economic, political failure in key sectors and concern that both the and administrative quagmire.split in BJP party ranks. The Congress and the BJP at the Andhra Pradesh Lok Satta Congress at the national level national level are mired in a Party President Katari now and in Karnataka when crisis. The exit of a strong Srinivasa Rao said that the it ruled the State in the past is leader from the BJP in Lok Satta which contested in no different from the BJP. Karnataka and the death of a 24 seats in Karnataka has Yet, the people voted for the strong leader and the rise of registered encouraging Congress because they have the Telangana demand in results. It has polled about found no alternative. Andhra P radesh have 10,000 votes in a couple of Hyderabad, May 8 : Lok Dr. JP said that by defeating plunged the two parties into a constituencies and fared S a t t a P a r t y n a t i o n a l the BJP and voting for the crisis. better than the JD (S) in some President Dr. Jayaprakash Congress, the people in Dr.JP pointed out that in a Bengaluru constituencies.Narayan on Wednesday said Karnataka have fallen from l a r g e n u m b e r o f Srinivasa Rao said that voters that the Congress victory in the frying pan into the fire. A constituencies candidates in urban conglomerations in Karnataka should not be race has already begun in spent Rs.15-20 crore each, Karnataka and Tamil Nadu construed as a vote for it at Karnataka for the Chief reflecting the sad state of are looking for an alternative the national level, In a media Minister's post. He hoped electoral politics. to the traditional parties. statement, he pointed out that that the Congress which has Dr. JP appealed to the Karnataka results underline the Congress has come to won by default will utilize Congress and the BJP to put that the Lok Satta has the power on the plank of an anti the opportunity to provide an end to their bankrupt vote potential to emerge as the BJP vote because of local g o o d g o v e r n a n c e b y b a n k p o l i t i c s a n d alternative if it strengthens conditions.choosing a person of undemocratic tendencies and itself in tune with people's JP said that the Congress has integrity and competence as focus on cons t ruc t ive aspirations.g a i n e d f r o m p e o p l e ' s

Anti-BJP votes are not pro-Congress: Dr JP

State PoliticsWednesday, May 8, 2013 | Hyderabad

happiness with the v i c t o r y i n t h e Karnataka Assembly Elections 2013. onia said she was happy with the way t h e p a r t y h a s performed in the c ruc i a l e l ec t ions ahead of 2014 General E l e c t i o n s . The party chief said Congress legislators in the state will decide at the CLP meet as to who will lead the next government.

?New Delhi May 8: Congress president As of 1:40 pm, the Congress had won/was

Sonia Gandhi on Wednesday expressed leading in 119 seats

Happy with Karnataka victory: Sonia GandhiBJP ideology as the result in Karnataka shows”, said a tweet from PM's twitter a c c o u n t . Slamming the saffron party, PM said that the Karnataka verdict was New Delhi May 8: Riding

a “clear result against the high on the victory of ideology of the BJP”. Congress in Karnataka M o r e o v e r , t h e P M Assembly Elections, PM attributed the Congress Manmohan Singh blamed party's win to Rahul the ideology of Bhartiya Gandhi.“He (Rahul) took Janata Party for its defeat a leading role in the and credi ted Rahul campaigning and worked Gandhi for Congress' hard. I congratulate the win.The people of the Congress workers of country know what's what Karnataka”and they will reject the

PM hails Karnataka win,gives credit to Rahul Gandhi

Bangalore May 8: Karnataka the BJP, by chipping did it give him a prominent post in Janata Party (KJP) chief BS away a few percent the party's state outfit. Yeddyurappa Yeddyurappa might have of votes. In the last finally quit his party of 40 years in succeeded in ruining BJP's elections, the BJP November 2012 and took along with chances of wINNing good had secured nearly him his staunchest supporters and number of seats in Karnataka, one per cent votes formed the KJP in December.He had but he himself has no reason to less than Congress then claimed that his party would cheer for his own party, which but still managed to win the Assembly elections but his has fared poorly as the counting bag 30 seats more bravado was perhaps premature. In of votes began on Wednesday. t h a n i t . the urban local body elections held The Lingayat leader has clearly KJP's stance post the in March, the KJP flopped. failed to convert the BJP's losses election-results will Yeddyurappa failed to demonstrate into gains for his newly formed be keenly watched as influence anywhere save in KJP, which was leading in just it's predicted to win Gulbarga, where his party won BS Yeddyurappa had big hopes of 15 seats till the trends last came about only two dozen seats, at the seven wards. The Congress was the wINNing at least 42 seats to be able 1 0 . 4 0 a m . m o s t . big w INNer then, wINNing the to bargain power with Congress if KJP was not expected to throw a In Karnataka, the BJP was for years m a j o r i t y o f s e a t s . the latter fails to win 100-seats. surprise in the single-phased May associated with Yeddyuruappa, the Ever the political pragmatist, Ahead of the counting, some leaders assembly elections in Karnataka, man who led it to form its first ever Yeddyurappa had started reaching of KJP have said in private that the but no one hoped that BSY's party government in south India. He out to other players in Karnataka party is ready to support a Congress will finish fourth in the final tally, as dominated the scene and defied his even as he was exiting the BJP. He government, if it comes to that. the current trends suggest. party leadership with impunity pa id the Congress seve ra l But it's still not clear if the Congress For Yeddyurappa, today's verdict is when he was asked to step down on compliments, perhaps seeking to would accept KJP support , career-defining. The number of corruption charges after the state open new doors as one closed particularly as it had gone hammer seats his KJP bags will determine Lokayukta charged him with b e h i n d h i m . and tongs against Yeddyurappa his political clout and future in the profiteering from illegal mining in In the 2008 elections, BJP secured when he was the Chief Minister and s t a t e ' s p o l i t i c s . the state. Yeddyurappa eventually 110 seats, three short of majority and faced corruption charges.The Though the final results are yet to quit as Chief Minister in July 2011. formed the government with the Congress is hoping that it would not come, the trends so far have He was arrested later that year and help of five independents who were have to depend on others to form suggested that the Lingayat leader's spent close to three weeks in jail. made ministers. Congress bagged g o v e r n m e n t . hope to be the kingmaker in the Upon his release, he sought to be re- 80 seats and JD-S 28. The overall Prima facie, it appears that formation of new government in instated as Chief Minister, but the voter turnout then was 64.91 per Y e d d y u r a p p a m a y h a v e K a r n a t a k a i s f a s t f a d i n g . BJP leadership did not oblige. Nor cent.accomplished his task to decimate

Karnataka Assembly elections Results 2013:

State PoliticsWednesday, May 8, 2013 | Hyderabad

H y d e r a b a d , M a y 8 : T h e c h a n g e s o c c u r r i n g i n t h e He advised the students that having per the Industry requirements. He Directorate of Placement Services, competitive world. He said that in knowledge alone enough is not said that the University is ready o Osmania University on Wednesday the 10-week training programme in sufficient but it needs to be clubbed conduct many programmes as to the launched the 10Week Certificate addition to the exposure in the with sincerity and hard work. He benefit of the students provided Course in “International Banking international banking operations, it quoted the mantra of success lies in they have seriousness to such Services & Operations” by M/s. would help them to overcome application of theoretical concepts programmes. He said that the Stratadigm Education & Training human flaws. He said that such in day to day life. He cited the opportunities are high, demand is Pvt. Ltd. programmes would inculcate example of how ABC analysis high but Industry is absorbing the Speaking on the occasion, Director employee behavioral approach wherein high value goods come candidates who are meeting certain of Placement Services Prof K.V. which is the vital success parameter under 'A' category, medium value requirements. He said that the A c h a l a p a t h i b r i e f e d t h e of an organization. goods come under 'B' category and outcome of the current training requirements of the banking Prof Laxman cited the example of low value goods come under 'C' session would have a great impact industry and explained the students Mcdonalds where employee category. Just - in - Time (JIT) can on the subsequent batches. He that they need to take the 10 week satisfaction is rated as an important be applied in our activities. He also asked the students to improve their programme as a challenge and come parameter in its appraisals. He advised the students that apart from level of confidence and have thirst out in flying colors at the time of asked the students to concentrate on gaining core concepts and other for knowledge.interviews. He said that the working g communication skills skills; they need to practice their D r . C . B h a n u m a t h i , H e a d , students should turn out to be which would ultimately lead to body language which would take Institutional Network, from banking professionals at the end of overall development. He asked the them in being an altogether a Stratadigm Education & Training the training programme for which students to be punctual to the different person. Pvt. Ltd gave an overview of the they need to invest time, do classes as they can improve their O s m a n i a U n i v e r s i t y Vi c e - training programme to the students.hardwork and to be punctual to all speed and accuracy within Chancellor Prof. S.Satyanarayana The Office of the Directorate of the classes to gain maximum reasonable time as they will be congratulated all the students for Placement Services have reached returns. groomed by experienced trainers. having been selected to undergo the out to the M.Com final year students In his presidential remarks, Prof. V. Shekhar, Principal, t r a i n i n g f o r 1 0 - w e e k s o n of Dept. of Commerce, O.U., Prof.G.Laxman, Head, Dept. of University College of Commerce & “International Banking Services & Nizam College, University College Commerce, University College of Business Management, Osmania Operations” free of cost. Taking a o f Wo m e n , P G C o l l e g e , C o m m e r c e & B u s i n e s s University addressed the students cue from the gaps being cited at the Secunderabad for the requirements Management, Osmania University on banking operations which is a University Industry Meet, the of Stratadigm Education & Training congratulated the students who core area in financial services. He training programmes are being Pvt. Ltd. They have shortlisted 47 were shortlisted to attend the stressed the importance of human conducted. He said that since students from 175 candidates of training programme based on the approach in banks. He shared his syllabus cannot be changed Campus & Constituent Colleges of written test. He asked the students to industry experiences where he continuously, the University is Osmania University for their Train-take full advantage of the worked as a consultant to State bank proactive and accordingly training n-Hire Program as per the screening programme to face the radical of Hyderabad, Andhra Bank etc. programmes are being conducted as test conducted on February 25

OU launches certificate course in international banking

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Wednesday, May 8, 2013 | Hyderabad

BusinessWednesday, May 8, 2013 | Hyderabad

has rescinded the control over sugar industry, especially on sugar sale in the open market and PDS, through Essential Commodities Act and Sugar Control Order.As a result, the regulated release mechanism -- under which sugar quantity for open market sale is fixed by the government -- has been abolished with immediate effect.Besides, mills are freed from mandatory supply of 10 percent of their production to the government at cheaper rate to meet ration shop demand.The sugar to be supplied through ration shops will be purchased by the state governments and the Centre will bear the entire subsidy cost, which is estimated to double to Rs 5,300 crore after the decontrol.Currently, sugar is sold at the retail issue price (RIP) of Rs 13.50 per kg in ration shops. The difference between RIP and the ex-mill price of Rs 32 per kg, which is capped for two years, will be given as subsidy to states.New Delhi May 8: The government has notified the Cabinet

The other controls on the sugar sector such as pricing, cane reservation Committee on Economic Affairs (CCEA) decision to remove two key area and minimum distance between two mills have been left to the state controls on sugar sector.On April 4, the CCEA had decided to governments.decontrol the sugar sector by giving freedom to mills to sell sugar in Sugar production in India - the world's second biggest producer and the open market and removing their obligation to supply the largest consumer - is estimated to be 24.5 million tonnes this year, as sweetener at subsidised rates for ration shops.against the annual demand of 22 million tonnes. According to the gazette notification dated May 2, the Food Ministry

0.56 percent, to close at 11,796.74 points today.

Brokers said the market remained in bullish mode ever since the Reserve Bank of India cut key interest rate to bolster economic growth last week and heavy foreign funds inflows.

Foreign funds bought a net USD 171 million of Indian shares in the previous

Mumbai May 8: The BSE benchmark session, extending their net investment Sensex on Wednesday regained this year to USD 12 billion, a record for 20,000 level for the first time in over the period.three months on sustained capital

They said a firming global trend as inflows and better earnings, but China's exports topped estimates and slipped to close a tad lower.European central bank cutting interest

After hitting 20,000 level, the Sensex rates to revive economy, further closed 101.23 points, or 0.51 percent, fuelled the uptrend.at 19,990.18, a level last seen on

In 30-BSE index components, 14 January 31. It had gained 313 points in stocks gained led by HDFC Ltd, last two sessions.HDFC Bank, ITC Ltd, Reliance

The current upsurge was supported by Indus t r ies and Infosys , Ta ta stocks of FMCG, oil and gas and Consultancy Services.banking sectors, besides a rally in

The FMCG sector index gained the HDFC Ltd and Lupin Ltd on better most by 1.43 percent to 6,752.61 earnings.followed by oil and gas index by 0.11

The broad-based National Stock percent to 8,850.12. Banking index Exchange index Nifty rose by 25.75 rose by 0.11 percent to 14,453.21 and points, or 0.43 percent, to 6,069.30. healthcare index by 0.08 percent to MCX Stock Exchange (MCX-SX) 8,882.43. flagship index SX40 rose 65.53 points,

Govt notifies decision on partial sugar decontrol

BSE Sensex reclaims 20,000-level after 3 monthsp e r i o d o f t h e previous fiscal, it said in a BSE filing.For the full fiscal ended March 31, 2013 the company's consolidated net profit stood at Rs 6,639.72 crore, up from Rs 5,462.51 crore. Total income during the fiscal increased to Rs 35,986.93 crore from Rs 30,302.86 crore.New Delhi May 8: Mortgage

On standalone basis, net profit major HDFC on Wednesday during January-March quarter said consolidated net profit of 2012-13 stood at Rs 1,555.21 increased by 17.2 percent to Rs crore, up from Rs 1,326.14 2,083.12 crore for the quarter crore, while total income stood ended March 31, 2013.at Rs 5,677.71 crore over Rs Its consolidated net profit 4,891.03 crore a year earlier.during the same quarter HDFC has declared dividend of (January-March) a year ago Rs 12.50 per share.stood at Rs 1,776.74 crore.Shares of HDFC were trading at Total income during the last Rs 877.50 apiece post-noon on quarter of 2012-13 increased to the BSE, up 2.90 percent from Rs 11,042.88 crore from Rs their previous close. 9,278.11 crore in the same

HDFC Q4 net profit rises over 17% to Rs 2,083 crore

Top StoryWednesday, May 8, 2013 | Hyderabad