Wednesday, 31 October 2012

Recession does no favours for Windows 8




Microsoft is heaping piles of money pushing Windows 8 but it is not the only company hoping to convince the world its operating system will open up opportunities and refresh the laggard PC market. Faced with general disinterest from the consumer, vendors are struggling to sell computers.

What all those captains of industry and their employees in politics forgot is the method of permanent growth is vital to an economy. Instead, the west is getting austerity. With no spare change in its pocket, PCs are the last thing on the collective hivemind.

Sure, visiting the right corners of the internet reveals enthusiasm for discussing the latest gadgetry, but this does not necessarily mean sales and this, too, is only a snapshot of a certain sector of society. Just as the technology press must report and review new releases, this doesn't translate to effective advertising except for people with money to spend.

The vendors do not seem to understand that their method of drip feeding technology is beginning to dry up. It's a widely held belief, if you talk to the right executives, that what is necessary is something exciting, something innovative to generate consumer interest. They are falling over themselves to come up with the next interesting hybrid or, in Intel's case, leaning on a gargantuan marketing kitty to push the 'new' Ultrabook. Of course, people aren't stupid. And they can recognise Ultrabooks look a lot like Macbook Airs with a price tag that is close to matching. Slick advertising and sponsorship deals do not seem to be helping the company's lofty goal of a majority Ultrabook share in PCs over the years for the moment.

It was hoped Windows 8 would shake up consumer spending. Since its launch, Steve Ballmer claimed at the Build conference that Microsoft has managed to sell 4 million copies of the operating system. He also mentioned analyst figures about selling 400 million PCs next year, most of which will be Windows 8. The numbers are impressive, but Ballmer neglected to mention Microsoft is offering upgrades at a very cheap rate, and Windows 8 will eventually be installed de facto, so the consumer choice won't be a factor in flooding the market: users will like it or lump it.

Because Windows 8 has been designed to run on the myriad of Windows 7 computers currently active in the market, the company will get a fair few upgrades this way too. This does not mean enthusiasm for the product. Eventually the benefits of upgrading to Windows 8 will outweigh  the cons, that is, when apps and software is designed exclusively for the OS the consumer again will feel it has little choice to upgrade.

Redmond's method of bribing users by offering a heavily discounted upgrade is much like the company's approach to developers. Microsoft is so keen on building its ecosystem - lessons learned from Windows Phone 7? - that it is giving attendees at the Build conference a free Surface RT, a Nokia Lumia 920 mobile phone, and 100 gigabytes of Skydrive. It faces enormous competition and, building a new ecosystem practically from the ground up, will be difficult against already established players.

The main question of the day for the vendors should be: don't they know there's a recession on? It is true that the rich are doing better than ever, but the wealthy buy Apple. Software and hardware companies would do well to either focus their attention on other continents or make a concerted effort to drastically reduce retail prices.
The traditional spending power western companies are used to in their native territories is shifting, and no amount of operating systems, apps, tablets, smartphones, hybrids or computers will put money back in the pocket of the consumer.


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Greece's budgetary bright spot dims, recession worsens
Reuters
ATHENS | Wed Oct 31, 2012 9:44am EDT. ATHENS (Reuters) - The Greek government on Wednesday predicted worse-than-expected recession in 2013 and downgraded a rare positive note in its budget, highlighting the toll of repeated rounds of austerity.
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Spanish recession continues to bite
euronews
http://www.euronews.com/ Spain fell deeper into recession in the third quarter of 2012, new figures published on Tuesday show. The news is likely to pile further pressure on Prime Minister Mariano Rajoy's government as it seeks to revive the country's ...
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Greek recession seen ending in 2014-midterm plan
Reuters
ATHENS (Reuters) - Greece should finally pull out of six years of economic contraction in 2014 with growth of 0.2 percent, according to a mid-term budget plan unveiled by the Finance Ministry on Wednesday. The plan, submitted to parliament along with ...
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Recession does no favours for Windows 8
TechEye
Microsoft is heaping piles of money pushing Windows 8 but it is not the only company hoping to convince the world its operating system will open up opportunities and refresh the laggard PC market. Faced with general disinterest from the consumer ...
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TechEye
Spain Slides Deeper Into Recession as GDP Contracts for the Fifth Consecutive ...
iStockAnalyst
NEW YORK, NY -- (Marketwire) -- 10/31/12 -- Data released earlier week has shown that Spain's economy, the fourth largest in the euro zone, has fallen further into recession. The Bank of Spain has reported that the country's gross domestic product (GDP ...
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Eurozone unemployment hits new record of 11.6 percent as economy slips ...
Newser
The region as a whole is expected to be confirmed to be in recession when the first estimate of eurozone economic activity in the third quarter is published mid-November _ a recession is officially confirmed after two consecutive quarters of negative ...
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Florida's consumer confidence remains near post-recession high
Bizjournals.com
“The index was revised up a point in September to a post-recession high of 80. Our preliminary October reading of 79 is near that high, although in normal times it would be historically low.” The study, which was conducted between Oct. 12-25, reflects ...
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Why One Recession-Proof Industry Just Keeps Growing
Forbes
The American Pet Products Association reports pet ownership has continued to grow right through the downturn. We spend big on our pets, too, recession or not. Annual pet-related expenditures soared from $43.2 billion in 2008 to nearly $53 billion this ...
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ANDREA NEAL: Daniels helped state weather recession
nwitimes.com
Unaware of the coming recession, he made four promises to citizens: To work to strengthen the economy, make government leaner and more efficient, modernize infrastructure and improve public education. On Tuesday, Indiana voters will select Daniels' ...
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Recession Drives 75% of Businesses to Use Online Collaboration Tools
Business 2 Community
According to a recent McKinsey Report office workers spend an average of 28 hours a week writing emails, searching for information and collaborating internally. Most of us prefer to use email rather than actually speak to a colleague, resulting in ...
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Captain Russell Hazelton, crashed into Creve Coeur Lake in a Piper PA-28 Cherokee from Ohio to Creve Coeur Airport with Wife Suzanne Hazelton died


29900

Woman Pilot dies from plane crash in St. Louis-area lake

A Pennsylvania woman has died from injuries she suffered in a small plane crash in a St. Louis-area lake that also killed her husband.

A spokeswoman for DePaul Health Center in Bridgeton says 69-year-old Suzanne Hazelton died Monday. She had been on life support since a plane piloted by her husband, 78-year-old Russell Hazelton, crashed into Creve Coeur Lake last Wednesday.

Russell Hazelton died the day after the crash.
The Hazeltons, of Lake Winola, Pa., were flying to their home in Town and Country when the accident occurred.
The St. Louis Post-Dispatch  says that Russell Hazelton was flying the Piper PA-28 Cherokee from Ohio to Creve Coeur Airport when it crashed into the lake not far from the airfield in Maryland Heights.
The Federal Aviation Administration is investigating.




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Plane crash in Flight inspired by real-life Alaska Airlines disaster
Calgary Herald
With the upcoming release of the disaster film "Flight," acclaimed director Robert Zemeckis can rightly seek the title of Hollywood's "plane crash king." Zemeckis poses for a photograph for his new movie "Flight" in Toronto on Wednesday, Oct. 10, 2012.
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Woman dies from plane crash in St. Louis-area lake
Timesonline.com
A Pennsylvania woman has died from injuries she suffered in a small plane crash in a St. Louis-area lake that also killed her husband. A spokeswoman for DePaul Health Center in Bridgeton says 69-year-old Suzanne Hazelton died Monday. She had been ...
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Woman wounded in Mo. plane crash dies of injuries
Citizens Voice
A Wyoming County woman injured in a small plane crash that killed her husband in Missouri last week has died, officials said Tuesday. Suzanne Hazelton, 69, of Lake Winola, died about 5:30 p.m. Monday at SSM DePaul Health Center in Bridgeton, Mo., said ...
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Citizens Voice
Rockledge family survives plane crash in Tenn.
WESH Orlando
The plane had just taken off and was flying on instruments through dense clouds. A warning light came on indicating an obstacle ahead, and the plane crashed into a mountainside. Officials said a small patch of trees caught the plane like a butterfly in ...
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13 lawsuits pending in NY crash of Flight 3407
Wall Street Journal
BUFFALO, N.Y. — All but 13 of the more than three dozen wrongful death lawsuits filed after the 2009 crash of Continental Flight 3407 near Buffalo have now been settled. Lawyers involved in the cases were scheduled for a status conference in U.S ...
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Metro Dive Team practices search techniques during fake plane crash
Denver Post
Thornton police officer and Metro Dive Team member Dan Wilson prepares his wetsuit gear while sitting on the wing of a gutted-out prop plane, which was floated out and then sunk at Tani Reservoir for a dive and rescue-training operation. (Andy Cross ...
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Monrovia pilot survives plane crash
Reporter-Times
A pilot who crashed his small fixed wing plane Saturday afternoon hit a tree shortly after takeoff, according to witness testimony given to police. Jeremy Milless, 35, Monrovia, is an engineer for Sarah Fisher Hartman Racing. He was leaving a gathering...
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Reporter-Times
Family involved in plane crash identified
The Mountain Press
BLUFF MOUNTAIN — The plane that crashed into the side of Bluff Mountain Sunday had apparently left the Gatlinburg Pigeon Forge Airport just minutes earlier, carrying a family of five back to their Florida home after a weekend trip to this area ...
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Plane crash, poor state hospital; Jonathan's 3rd peaceful election'; 'Nigeria ...
Osun Defender
Plane crash, poor state hospital; Jonathan's 3rd peaceful election'; 'Nigeria's Corruption Carpet'. President_Goodluck_Jonathan. Plane crash in Yola. Sorry, but whose money? Is Yola General Hospital well equipped enough to receive plane crash victims?
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Dr Vijay Mallya, Chairman of Kingfisher Airlines Ltd. Woes Show Need for Bankruptcy Law





Kingfisher Airlines Ltd. (KAIR), controlled by liquor tycoon Vijay Mallya, is struggling to resume services after five straight years of losses and mounting debt forced it to ground planes. India’s bankruptcy laws aren’t helping.

The carrier can’t emulate U.S. airlines that have gone through court-led Chapter 11 restructuring, as India doesn’t have any similar procedures for service providers. Under the existing law, a government body only oversees rehabilitation of companies with licenses to run factories.

Kingfisher’s troubles highlight how India’s corporate laws have failed to keep pace with growth and emergence of new businesses in Asia’s third-biggest economy. Lack of a modern legal framework makes it slower for struggling companies to renegotiate debts and cut cost, said Jai Pathak, partner-in- charge at Gibson, Dunn & Crutcher LLP. in Singapore.

“India needs a comprehensive bankruptcy law that will allow financially distressed companies to revive faster,” Pathak said. The existing system doesn’t “provide a framework by which companies can take preventive measures to avoid a further downward spiral.”

Current rules allow companies that operated for at least five years and holding a factory license to approach the Board for Industrial and Financial Reconstruction if accumulated losses equal or exceed their net worth. The recourse is available under the Sick Industrial Companies (Special Provisions) Act of 1985.

‘Outdated Tool’
Under the Indian Companies Act of 1956, firms can voluntarily wind up operations or a court can order their closure. In a court-ordered shutdown, an official liquidator will be appointed to oversee the process and distribute the proceeds from sale of assets to creditors.

“BIFR is the most outdated tool available under law in India,” Kishor Ostwal, managing director at CNI Research Ltd. in Mumbai, said. “There are examples where companies have applied for rehabilitation and it has taken several years for even the plan to be approved. It’s next to impossible.”

BIFR took almost four years to approve a rehabilitation plan for Windsor Machines Ltd. (WML), which was declared a ‘sick’ company in June 2006. By the time the revival plan got approval from the agency in April 2010, the company had made quarterly profits.

World Ranking
India ranked 116 among 185 economies when it comes to ease of resolving insolvency, according to Doing Business 2013 data published by International Finance Corp. and the World Bank. The nation’s ranking fell from 109 in 2012. India scored 132 for the overall ‘ease of doing business’ in the latest report published last month.

In 2001, as an alternative to the BIFR process, India’s central bank allowed companies and their creditors to enter into a debt recast arrangement to help businesses return to financial health. The mechanism was limited to firms that had borrowed more than 200 million rupees ($3.7 million) from a group of lenders.

Kingfisher in 2010 restructured 77.2 billion rupees of debt it had run up by ordering aircraft and buying a budget carrier. It can seek a second round of debt recast if a majority of its lenders agree, said Avinash Gupta, head of financial advisory services at Deloitte Touche Tohmatsu India Pvt. The carrier has been seeking more loans and investments at least for a year after losses widened and debt swelled to 86 billion rupees.

Shares of the airline have slumped 40 percent this year to 12.6 rupees, compared with a 20 percent gain in the benchmark Sensitive Index. (SENSEX)


Lengthy Process
Debt restructuring may offer little help for distressed companies because of the lengthy procedures, said Thomas Britt, a Hong Kong-based partner at Debevoise & Plimpton LLP.

“Negotiations with creditor banks take place in a time- consuming Reserve Bank of India-supervised process and only after the company has reached a state of severe financial crisis, if not a complete collapse,” Britt wrote in an e-mail. That makes “the prospects remote for that company’s return to financial health and viability.”


India’s Civil Aviation Minister Ajit Singh said he will push for an overhaul of the bankruptcy laws to help companies like Kingfisher restructure operations. He didn’t say what changes he is seeking in the rules.

“It’s not just the owner who suffers, it’s also the employees, the creditors and the consumers,” Singh said in an interview in New Delhi on Oct. 27. “Reform of the companies law will not only offer protection from creditors, but also from labor unions and other agencies.”






Kingfisher Woes Show Need for Bankruptcy Law: Corporate India
Businessweek
Kingfisher's troubles highlight how India's corporate laws have failed to keep pace with growth and emergence of new businesses in Asia's third-biggest economy. Lack of a modern legal framework makes it slower for struggling companies to renegotiate ...
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'Kingfisher's dues may affect the aircraft leasing industry'
Livemint
Mumbai: Nirvan Veerasamy , 53, managing director at aircraft leasing company Veling Ltd of Mauritius, fears the firm may have to bear some of the debt burden of KingfisherAirlines Ltd, to which it has leased two turboprop planes. Lessors are being ...
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Livemint
Airports Authority looking at options to recover KFA dues
Moneycontrol.com
crore which Kingfisher Airlines owes it for using airport infrastructure. V.P. Agrawal, chairman, AAI said he may even look at exploring legal action if the airline fails to clear dues. Source: Moneycontrol.com ...
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Moneycontrol.com
Mallya cashes in on share rally in United Breweries Holding
Business Standard
... part of his stake in United Breweries Holding Ltd (UBHL), which enjoyed a dream run on the stock exchanges between June and September this year. UBHL is a holding company for Mallya's other firms United Spirits Ltd (USL) and Kingfisher Airlines (KFA).
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Lisa Haydon to judge Kingfisher Calendar Girl 2013
Wonder Woman
Model-turned-actress Lisa Haydon, who was seen in "Aisha", will now be seen on the small screen hosting "Hunt For Kingfisher Calender Girl 2013" on NDTV Good Times. And being a Kingfisher Calendar Girl herself, she said it is a great platform "if you ...
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Wonder Woman
League recap: Heritage Hall tops Bethel to extend winning streak
MaxPreps
Kingfisher's offense was tough to stop this week, as it produced the league's top passer, rusher and receiver. Grant Newton threw for 143 and three touchdowns and Jake Blair had 73 yards receiving. On the ground Landon Nault chipped in 171 yards.
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Hoshiarpur footballer arrested for 'raping' minor
Hindustan Times
Midfielder of Kingfisher east Bengal Jogpreet Singh alias Jaspreet and his cook Ravi Singh (18), who had been arrested on a complaint of gangrape of a 14-year-old girl in the footballer's apartment at Dum Dum, would be produced before the additional ...
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Indian billionaire Mallya's crisis-hit superyacht in Malta
MaltaToday
Formerly owned by a Qatari Royal Family, the Indian Empress currently belongs to Indian entrepreneur Vijay Mallya, owner of crisis-hit Kingfisher Airlines, which is embroiled in several cheque-bouncing cases and which has grounded its fleet earlier ...
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Amazon faces competition as cloud technology goes mainstream



Cloud computing is moving away from being monolithic, where Amazon Web Services (AWS) was the only major cloud service provider, to a marketplace technology, with several cloud-based service providers, as users’ appetite for cloud grows, according to analyst firm 451 Research.

“It has taken a few years, but 2012 is the year we have seen some big difference, most of it driven by Openstack providers such as Rackspace,” said Simon Robinson, research vice-president of 451 Research, at the SNW Europe 2012 conference in Frankfurt.


Such a competitive market is good for enterprise users, who will see the cost of cloud services go down, he said.

“In addition to pricing benefits, having more players will bring more cloud federation, standardisation and interoperability,” said Robinson.

Technology companies and cloud critics have long argued that cloud must be more federated, automated and interoperable for users to see real benefits.

Increasing competition among cloud service providers
But Robinson warned that cloud computing service providers must not discount AWS. “It continues to innovate, and even today around 85% of public cloud-based workloads run on Amazon,” he said.

The rest of the 15% is shared between Microsoft Windows Azure in second place, followed by Openstack-based cloud services and other providers, he said.



“As an analogy, Amazon is the Coke of the cloud industry. We don’t have a Pepsi yet, but there are several brands of cola available in the market,” said Robinson.

But an increasing number of enterprises are using Microsoft, Google, EMC, Verizon and Rackspace cloud services.

Cloud adoption gathering speed
According to Robinson, several factors have contributed to cloud becoming a marketplace technology. Tighter IT budgets and the need to innovate and compete has seen enterprises consider private and hybrid clouds, as well as look at open source providers, he said.

“Cloud has become the new normal. Our research has showed an evolution among enterprises’ attitude to cloud computing,” said Robinson.

According to the analyst firm, there is a clear rise in the number of enterprises using some form of cloud computing services.

More and more enterprises are considering whether the applications they are planning to buy now can be deployed in the cloud before purchasing them, said Robinson. They are also telling suppliers to bring out products on a software-as-a-service (SaaS) model so they can save on capital expenditure.

“The cloud model they are exploring is not just the Amazon-centric model of web apps. They are willing to go down the route of hybrid and private cloud, making room for more service providers,” he added.






Cloud adoption on the rise in India; usage grows by 25 percent Year-on-Year
InformationWeek India
“The survey demonstrates the potential for cloud computing in the country and reflects a double digit rate of adoption,” said T Srinivasan, Managing Director, VMware India and SAARC. The study also revealed that 54 percent of senior IT professionals ...
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Cloud computing will save us from the zombie apocalypse
InfoWorld
Make your way to your cloud computing provider's nearest data center, and live among the servers. Those data centers are built like fortresses, with armed guards who can pull off zombie-killing headshots. Also, zombies are typically not authorized to ...
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Failure to detect abuse allows cloud computing instances to be used like botnets
Techworld.com
Some cloud providers fail to detect and block malicious traffic originating from their networks, which provides cybercriminals with an opportunity to launch attacks in a botnet-like fashion, according to a report from Australian security consultancy ...
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Amazon faces competition as cloud technology goes mainstream
ComputerWeekly.com
Cloud computing is moving away from being monolithic, where Amazon Web Services (AWS) was the only major cloud service provider, to a marketplace technology, with several cloud-based service providers, as users' appetite for cloud grows, according to ...
See all stories on this topic »
Why the cloud is failing in SA and how to improve it
BDlive
In brief, cloud computing involves the delivery of computing and storage as a service to a community, essentially entrusting services with a user's data, software and computation over a network. The application thereof ranges from the mundane, well ...
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Gartner: Big trends in security, mobile, big data and cloud computing will ...
Computerworld India
The conference, attended by some 9,000 executives focused on the changes security challenges, mobile computing, big data and cloud will be bringing to IT in the near future. Trying to get through it all can be daunting so we've tried to simplify that ...
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OKI and ISID to Provide Chemical Information System as Cloud Computing ...
The Herald | HeraldOnline.com
The two companies reached an agreement in the area of cloud computing services for manufacturers who are aiming for global deployment in May 2011 and had been developing and examining services jointly. The new service will be offered today to the ...
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10 reasons why your cloud is only as good as your network [Computer News ...
Equities.com
According to a recent study 'The Five Faces of the Cloud' by Bain & Company, revenue from sales ofcloud computing products and services is due to increase from around USD 20bn to almost USD 150bn by 2020 – accounting for 8% of all technology spend.
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ScanWorks Software, Ltd. Introduces RemoteDesktopTwain 4 to Help ...
IT News Online
MOUNTAIN VIEW, Calif., Oct. 31, 2012 /PRNewswire/ -- The recent shift to Cloud Computing and moving document management operations to remote locations allows for reduction of costs. RemoteDesktopTwain 4 is a proven solution to connect your ...
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Orange Business Services to offer cloud solution to Cricket Australia
Voice & Data Online
Orange Business Services has won a contract with Cricket Australia to deploy its cloud computingsolution, Flexible Computing Premium. For next 3 years, Orange will transforming the existing IT infrastructure into a platform and it will also ...
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BJP President Shri Nitin Ji Gadkari busy consulting legal experts, calls off meeting with Karnataka leaders


BJP President Shri Nitin Ji Gadkari busy consulting legal experts, calls off meeting with Karnataka leaders


After his decision to skip election rallies in Himachal Pradesh, cornered BJP chief Nitin Gadkari on Tuesday cancelled his meeting with state leaders of poll-bound Karnataka where former CM B S Yeddyurappa is threatening to lead a breakaway BJP faction into the elections. Gadkari instead announced that he had asked leader of opposition in Rajya Sabha Arun Jaitley and party general secretary Dharmendra Pradhan to meet the state leaders and review the political situation there.

In a statement, the party said Gadkari was busy in consultation with legal experts in Mumbai and Nagpur. The party chief has threatened to take legal action against media groups for reporting about alleged money laundering by his companies.

BJP President Shri Nitin Ji Gadkari busy consulting legal experts, calls off meeting with Karnataka leaders



Gadkari had called Karnataka chief minister Jagadish Shettar and BJP state unit chief K S Eshwarappa to Delhi to discuss and review the political situation in the state.

Despite several overtures to Yeddyurappa, the former Karnataka CM is adamant on forming his own political party on December 10. He had earlier refused to meet Jaitley when the senior BJP leader visited Bangalore to pacify him. Yeddyurappa has openly stated that he has lost faith in the central leadership.

Shortly after Gadkari faced charges of dubious funding of his company, Yeddyurappa had told reporters that the BJP chief should introspect. Gadkari had asked Yeddyurappa to step down from the chief minister's post when he was indicted by the Karnatak  a Lokayukta in a graft case.


BJP President Shri Nitin Ji Gadkari seems to be most corrupt President BJP had so far.

Nitinji half the job is done through ROC's website. Long live the ROCs of India. Corporates have no life without ROCs. This may be compard with Ram Rajya.

RAM JETMALANI would kick gadkari like a football out of his home until gadkari comes with 50% stake in this business as fees.

On Tuesday, visiting 12 premises associated with the shell companies of Shri Nitin Gadkari.  The Income-tax department has carried out an "open enquiry" on Tuesday, visiting 12 premises associated with the shell companies of Nitin Gadkari.








Ghost companies with Nitin Gadkari link?
Times of India
KOLKATA: After dubious identities of directors, it's the turn of some ghost companies to haunt Nitin Gadkari's Purti Group. A TOI investigation has revealed that some investment companies of Anantika Infrastructures and Fast Buildwell, Purti Group ...
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Nitin Gadkari says he is ready for inquiry, dares Robert Vadra to face probe
Times of India
"Nitin Gadkari has a huge business empire in Maharashtra. We want to know if his interests as a businessman are clashing with that of the farmers. Gadkari and Ajit Pawar are working in tandem. Gadkari's business interests clash with Vidharba farmers," ...
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Nitin Gadkari busy consulting legal experts, calls off meeting with Karnataka ...
Times of India
NEW DELHI: After his decision to skip election rallies in Himachal Pradesh, cornered BJP chief Nitin Gadkari on Tuesday cancelled his meeting with state leaders of poll-bound Karnataka where former CM B S Yeddyurappa is threatening to lead a breakaway ...
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Nitin Gadkari asks Congress to probe Robert Vadra
Sahara Samay
Accusing Congress of smear campaign Nitin Gadkari denied having business links with Sharad Pawar or Ajay Sancheti. He asked Congress to probe Robert Vadra case instead. Questioning the Congress inertia in probing the Robert Vadra files, Gadkari said ...
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Sahara Samay
IT Department carries out "open enquiry" on Nitin Gadkari's alleged shell ...
Economic Times
... enquiry" on Tuesday, visiting 12 premises associated with the shell companies ofNitin Gadkari. MUMBAI: The Income-tax department has carried out an "open enquiry" on Tuesday, visiting 12 premises associated with the shell companies ofNitin Gadkari.
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Economic Times
Is there a cover up by Gadkari-promoted Purti group?
IBNLive
After the Income Tax department began inquiry into the alleged shell companies investing in BJP President Nitin Gadkari firm, CNN-IBN has found that a number of companies have changed their addresses overnight. The question arises - is this part of a ...
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More trouble for Nitin Gadkari: Manikrao Thakre to send legal notice to leader
Daily News & Analysis
Maharashtra Pradesh Congress Committee (MPCC) president Manikrao Thakre today said he will send a legal notice to BJP chief Nitin Gadkari for making "baseless allegations" against him of non-payment of Rs23 lakh to sugarcane growers. At a press...
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Daily News & 



For investor firms in Nitin Gadkari's Purti, carpenters are building offices now
NDTV
For investor firms in Nitin Gadkari's Purti, carpenters are building offices now. Mumbai: BJP president Nitin Gadkari has denied that his business empire was propped up by ghost investors. But visits by income tax officials to many of these firms...
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NDTV
Income tax officials start probe of shell firms of Gadkari promoted Purti Group
Newstrack India
Media reports said that the officials made nquiries at twelve places in Mumbai where firms, which had invested in BJP president Nitin Gadkari's company, had given their addresses. The authorities also began a probe into shell companies in the Purti ...
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