Friday, October 26, 2012

Punjab National Bank Q2 net profit declined 11.57%

Punjab National Bank net profit declined 11.57% to Rs 1065.58 crore in the quarter ended September 2012 as against Rs 1205.03 crore during the previous quarter ended September 2011. Total Operating Income rose 16.41% to Rs 10421.11 crore in the quarter ended September 2012 as against Rs 8952.01 crore during the previous quarter ended September 2011.

Particulars Quarter Ended
  Sep. 2012 Sep. 2011 % Var.
Sales 10421.11 8952.01 16
OPM % 70.29 71.81 -2
PBDT 1459.03 1817.45 -20
PBT 1459.03 1817.45 -20
NP 1065.58 1205.03 -12

SC and ST Prevention of Atrocities (PoA) Act


Daily average of crimes registered under the SC and ST Prevention of Atrocities (PoA) Act is 93 crimes. In comparison, the conviction rate is a mere 30 %, with over 80% of atrocity cases pending trial each year.
New Delhi, 25 Oct 12: 
25 October, 2012, Delhi: On November 26, 2012, it will be 63 years when the Constituent Assembly adopted the Constitution of India. “A range of advancements across spheres in this period notwithstanding, the lot the Dalits and Adivasis in the country has not improved” stated Dr Prasad Sirivella, General Secretary, National Dalit Movement for Justice. Speaking about the abysmal failure of the system, he added that even after 63 years, Dr. Ambekar’s vision of equality and non-discrimination remains unfulfilled. He pointed out that while the National Crime Records Bureau (NCRB) shows that between 1995 and 2007 the average number of crimes registered under the SCs and STs Prevention of Atrocities Act (PoA) 1989 was 33956, bringing the daily average to 93 crimes, the average conviction rate during the same period was only 30.3 percent. “It is significant that over 80% of atrocity cases are pending trial each year, despite the creation of Special Courts to ensure the speedy trial of such cases,” he emphasized
Commenting on this, Dr Vimal Thorat, Convenor, All India Dalit Mahila Adhikar Manch stated that, “Dalit and Adivasi women are particularly vulnerable to violence committed against them as they often find themselves targeted for atrocities directed at themselves, their families and/or their communities, with little hope for justice in the aftermath.”
In this connection, it was also pointed out by Mr.Paul Diwakar of the National Campaign on Dalit Human Rights that “with atrocities and rampant   discrimination getting intensified, the  Dalits’ and Adivasis’ assertiveness to claim their rightful places in the nation too has grown.” 
Speaking on behalf of the National Coalition for Strengthening the SCs/STs Prevention of Atrocities Act (NCSPA) comprising around 150 NGOs from 18 states of India, Manjula Pradeep, Executive Director, Navsarjan Trust, Gujarat urged the government to put a stop to these heinous crimes by amending and effectively enforcing the SCs and STs (Prevention of Atrocities) Act 1989 (POA). “The time has come to review and assess the POA Act and strengthen affirmative action policy of the state”, she added
In fact, to commemorate 63rd year of the Constitution, the National Coalition for Strengthening the SCs/STs Prevention of Atrocities Act (NCSPA) is spearheading a Mass Rally with 63000 Dalits and Adivasis at Ram Lila grounds in New Delhi on 23rd November 2012. “Our rallying call is ‘Chalo Delhi’ for a National Dalit and Adivasi Sammelan,” stated Beena J Pallical of the Coalition.
CEAMA Presents India"s biggest Consumer Electronics Fair

HOME ELECTRONICS SHOW 2012


Three-day long exhibition showcasing breakthrough innovations from biggest brands

26th October 2012, New Delhi: Consumer Electronics and Appliances Manufacturers Association (CEAMA) today, launched the inaugural edition of Home Electronics Show(HES) – India's biggest ever exhibition of Consumer Electronics, Home Appliances, ICT and Digital Lifestyle Products. This three-day, high energy extravaganza is being held from 26th to 28th October 2012, at Hall 14, Pragati Maidan, New Delhi.

Speaking on the occasion, Mr. Anirudh Dhoot, President CEAMA said, "Consumer Electronics & Home Appliances Industry is now a 45,000 crores industry. It is an important part of the national economy and provides employment to hundreds of thousands of people in the country. The show would offer an unprecedented opportunity for the grobal consumer electonics and home appliances industry to exhibit and explore one of the most dynamic and fastest growing economics in the world- India. The show creates a unified platform to showcase products, offerings, capabilities and innovations to the Indian consumer. We want this to be an annual event so that it becoms a platform for brands for Indian and multinationals to shocase their unique innovation. We are extremely proud to present this show and would like to tank all our sponsors, exhibitors, organizer – Iten Media, for their support in making this happened.

Videocon in HES 2012: Videocon has displayed Digital Direct Broadcast (DDB). Top 7 technology leaders have collaborated to create a Technology Platform for Televisions tht will revolutionize the TV category. This is the only technology, which integrates TV with Direct-to-Home  providing three dimensional viewing with internet facility and using cloud computing tec. DDB benefits include Digital Direct TV, 2D to 3D conversion, net browing, cloud computing etc. DDB would be displayed in three series, Series 3, Series 5 and series 7. Series 7 has the facility of Cloud Computing.

Videocon Group has a wide range of Home Appliances in all categories with the 'sate-of-art' technology and unique features.


Pankaj Advani storms into the semifinals of the Timed format at the World Billiards Championship

 Faces tough competition from Peter Gilchrist to lose in the quarterfinals in the Points format of the championship
26th October, 2012, Leeds:  India's most celebrated cueist and 7-time world champion Pankaj Advani had a mixed day on day 9 of the World Billiards Championship in Leeds. As a quarterfinalist in both the Time and Points format, Pankaj faced tough competition from Peter Gilchrist, to lose the match 1-4 in the Points format, but proceeded to display great class in the quarterfinals of the Timed format to beat fellow Indian Rupesh Shah 1647-705.

Securing a quarterfinal spot against Peter Gilchrist in the Points format, Pankaj had earlier beaten Robin Wilson 4-1 in a best of 7 frames encounter on day 8 of the championships. Commenting on his quarterfinal game against an old rival and seasoned cueist, the young Indian acknowledged that the Singapore representative at the table had kept the pressure on him throughout the game and had played some great Billiards.

Moving on to play in the quarterfinals of the Time Format, against Rupesh Shah, Pankaj continued his winning streak from the previous day with a strong start, with 2 double century breaks and 4 century breaks before he proceeded to pocket the game with a 940 point margin in 180 minutes cementing his authority in the sport and will now face Dhruv Sitwala in the penultimate round of the championships.

"I am very happy to be playing fellow Indian and a great friend in the semis. With two Indians at the table, we are guaranteed a spot for the country in the finals of the Timed format and it also gives us a great chance of bringing the title home", said one of the last two Indians standing as day 10 of the championships commences.
   
Shuffling between Sheffield and India, Pankaj is the only active cueist to play both Billiards and Snooker at the highest level and had chosen to participate in the World Billiards Championship over the International Snooker Championships, after a clash in dates made him pick one.

Pankaj.Press Release. 
- END-        
        
About Pankaj Advani: When most athletes only begin to peak, Pankaj Advani has already won most of the championships his game has to offer, many times over. The 7-time World Champion in Billiards and Snooker won his first world title when he was just 18 and is the only Asian to have ever won both the Billiards and Snooker world championships.     
  
One of the youngest Indians to be honoured with the prestigious Rajiv Gandhi Khel Ratna award, Pankaj has also been conferred the Padma Shri and Arjuna awards.  

Widely admired for his calm and intense focus while competing, he is known for being an ardent vegetarian and teetotaler  

Follow Pankaj on Twitter: @PankajAdvani247  Facebook: PankjAdvaniIndia  
Analysis of the Financial & other details of all candidates contesting the HP elections


·         Himachal Pradesh Election Watch (HPEW) has analyzed affidavits of 445 candidates out of 459 candidates who are contesting Himachal Pradesh 2012 Assembly Elections.
·         A total of 146 candidates out of 445 analyzed i.e. 33% are crorepatis. In 2007, there were 16% crorepati candidates.
·         The candidates with maximum assets is Brij Behari Lal Butail of INC from Palampur constituency with assets worth Rs. 169 crores, followed by Balbir Singh Verma, IND from Chopal with Rs. 41 Crores and Ram Kumar, INC from Doon constituency with assets worth Rs. 36 crores. 
·         A total of 58 candidates out of 445 analyzed declared assets less than Rs. 5 Lakhs. 
·        The three candidates with lowest assets are Om Prakash of HSP from Baijnath constituency who has declared assets worth two thousand rupees (Rs. 2,000), followed by Rama Mahendra of HSP from Palampur with assets worth Rs. 10 thousand only and Shiv Kumar of SP from Sarkaghat constituency with assets worth Rs. 10 thousand only. 
·         A total of 55 (12%) candidates out of 445 analyzed declared liabilities of Rs. 25 lakhs or above.
·         The top three candidates with highest liabilities are Balbir Singh Verma, an IND candidate from Chopal who has declared liabilities worth Rs. 11.42 Crores followed by G.S. Bali of INC from Nagrota constituency with liabilities worth Rs. 9.96 Crores and Rajesh Sharma an IND candidate from Kangra constituency with liabilities worth Rs. 3.68 Crores.
  •     Among major parties, the average asset per candidate for INC is 7.39 Crores, for BJP it is approximately 1.55 Crores , for CPM 1.72 Crores, NCP 77.61 Lakhs, BSP 54.32 Lakhs ,for AITC 49.51 Lakhs, and for SP it            is 29.73 Lakhs.
·         79 out of 445 (18%) candidates analyzed in the Himachal Pradesh 2012 Assembly Elections have not declared their PAN details. 
·      3 Crorepati Candidates have not declared their PAN details. They are Vijay Jayoti (IND) From Kasumpti Constituency, Tikender Panwar (CPM) from Shimla constituency and Vijay Kumar (SP) from Nahan constituency. 
·         19 out of 43 candidates of BSP have not declared their PAN, 6 out of 10 candidates of CPM have not declared their PAN and 4 out of 10 of SP have not declared PAN details. 
  •    56% candidates (248 of 445 analyzed) are graduates and above. 
  •      Out of 445 candidates contesting for Himachal Pradesh Assembly Elections 2012, only 27 (6%) candidates are women. In 2007, the total number of women candidates were 25 (7%) out of the total 336  candidates contesting. 
  •        A total of 42 candidates out of the total analyzed are more than 65 years of age. 
                         

         Highlights (Analysis of asset increase of ALL Re-contesting candidates and MLAs in the HP elections)

                Recontesting Candidates

                ·         112 re-contesting (candidates who fought elections in 2007 and now in 2012 are again in the fray) candidates have been analyzed for Himachal Pradesh Assembly Election of 2012

  •              The average assets of candidates fielded by various parties in 2007 was Rs 1,90,95,134  (1.9 crore)
          ·         The average assets of the re-contesting candidates now in 2012 is Rs 4,24,16,673   (4.24 crore)          
          ·         The average asset growth for these re-contesting candidates is Rs 2,33,21,539   (2.33 crore)
          ·         Average percentage growth in assets for these re-contesting candidates is 122%
          ·         Brij Behari Lal Butail of INC from Palampur has declared the highest increase in assets of Rs 77.29 crore, his assets have grown from Rs. 91.92 crore in 2007 to Rs 169.21 crore in 2012. Assets of Anil Kumar (of     INC from Mandi) have increased by Rs 26.59 crore, from Rs 3.11 crore in 2007 to Rs 29.70 crore in 2012. Assets of G.S. Bali (of INC from Nagrota) have risen by Rs 21.03 crore, from Rs 3.81 crore in 2007 to Rs 24.85 crore in 2012.
         ·         The highest percentage increase (7463%) in assets has been declared by Bumber Thakur of INC from Bilaspur constituency. Bumber Thakur’s assets increased from Rs. 1.35 lakhs in 2007 to Rs 1.02 crore in 2012. Nathu Ram of BSP from Shillai constituency has declared an increase in assets of 4921%, his assets have risen from Rs. 50 thousand in 2007 to Rs 25.1 lakh in 2012. Aman Guleria of CPI from Kangra constituency falls at third position with 4067% increase in assets; his assets have grown up from Rs 12 thousand in 2007 to Rs 5 lakh in 2012.
           ·         7 candidates have reported decrease in assets in 2012 as compared to value of assets in 2007. They are Khushi Ram Balnath (-15% reduction in assets, from Rs 84.04 lakh in 2009 bye-election to Rs 71.36 lakh in 2012) of HLP from Kasumpti, Govind Ram (-29% dip in assets, from Rs 65.66 lakh in 2007 to Rs 46.6 lakh in 2012) of BJP from Arki, Asha Kumari of INC from Dalhousie (-33% fall in assets, from Rs 2.42 crore in 2007 to Rs 1.62 crore in 2012), Ram Kishan (-35% decline in assets, Rs 1.05 crore in 2007 to Rs 68.8 lakh in 2012 ) of CPM from Arki, Mansa Ram (-48% reduction in assets, from Rs 1.69 crore in 2007 to Rs 88.64 lakh in 2012) of INC from Karsog, Harshwardhan (-51% decline in assets, from Rs 1.63 crore in 2007 to Rs 76.44 lakh in 2012) of INC from Shillai and Lakhvinder Singh (-65% fall in assets, from Rs 36.34 crore in 2011 bye-election to Rs 12.82 crore in 2012) of INC from Nalagarh.

Recontesting MLAs

·         54 sitting MLAs who are again contesting elections (whom we call re-contesting MLAs) have been analyzed for Himachal Pradesh Assembly Elections of 2012
·         The average assets of these re-contesting MLAs in 2007 was Rs 1,38,42,325   (1.38 crore)  
·         The average assets of these MLAs who are contesting elections again now in 2012 is Rs 3,76,06,528    (3.76 crore)
·         The average growth in assets for these re-contesting MLAs is Rs 2,37,64,202   (Rs 2.37crore)
·         Average percentage growth in assets for these re-contesting MLAs is 172%
·      Anil Kumar an INC MLA from Mandi has declared the highest increase in assets of Rs 26.59 crore, his assets have grown from Rs. 3.11 crore in 2007 to Rs 29.70 crore in 2012. Assets of G.S. Bali (an INC MLA from Nagrota) have increased by Rs 21.03 crore, from Rs 3.81 crore in 2007 to Rs 24.81 crore in 2012. Assets of Dr. Subhash Chand Manglate (of INC from Chopal) have risen by Rs 7.03 crore, from Rs 19.42 lakh in 2007 to Rs 7.22 crore in 2012. Vidya (of INC from Theog) also has declared an increase of Rs 7.07 crore in assets, from Rs 97 lakh to Rs 8.05 crore in 2012.
·         Dr Subhash Chand an INC MLA from Chopal has declared the highest percentage increase in assets of 3621%, from Rs 19.42 lakh in 2007 to Rs 7.22 crore in 2012. Sanjay Kumar a BSP MLA from Kangra has shown a percentage increase in assets of 1959%, from Rs 3.57 lakh in 2007 to Rs 73.49 lakh in 2012. Dr Rajiv Sahjal a BJP MLA from Kasauli has shown his assets go up by 1936%, from Rs 1.53 lakh in 2007 to Rs 31.15 lakh in 2012.
·         4 MLAs have reported a decrease in assets in 2012 as compared to their correponding value of assets in 2007. They are Khushi Ram Balnath (-15% reduction in assets, from Rs 84.04 lakh in 2009 bye-election to Rs 71.36 lakh in 2012) of BJP (now on HLP ticket) from Kasumpti, Govind Ram (-29% dip in assets, from Rs 65.66 lakh in 2007 to Rs 46.6 lakh in 2012) of BJP from Arki, Harshwardhan (-51% decline in assets, from Rs 1.63 crore in 2007 to Rs 76.44 lakh in 2012) of INC from Shillai and Lakhvinder Singh (-65% fall in assets, from Rs 36.34 crore in 2007 to Rs 12.82 crore in 2012) of INC from Nalagarh

Thanks & Regards

Himachal Pradesh Election Watch (HPEW):

Mr. V.K. Malik (Retd. DGP),
Himachal Pradesh Election Watch
M: +91 9418150001
T: 0177 - 2621262
Mr. Bhim Singh,
Himachal Pradesh Election Watch
M: +91 9418073190
Ms. Abha Bhaiya
Himachal Pradesh Election Watch
M: +91 9468768872

National Election Watch/Association for Democratic Reforms:

Media and Journalist Helpline
+91 80103 94248
Mr. Anil Bairwal,
National Coordinator
National Election Watch, and
Association for Democratic Reforms
011 4081 7601,
+91 9999310100
adr@adrIndia.org,
Prof Jagdeep Chhokar
IIM Ahmedabad (Retd.)
Founder Member National Election Watch, Association for Democratic
Reforms
+919999620944
Prof Trilochan Sastry
IIM Bangalore
Founder Member,
National Election Watch,
Association for Democratic Reforms
+919448353285,

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