Friday, April 19, 2013

DELHI - A "RAPE CAPITAL" OR "CITY OF RAPES".

Yet again Delhi didn't put off the title of "Rape City". 

Nation shocked by rape and brutalization of five-year-old in Delhi.

NEW DELHI: The plight of a five-year-old girl who was brutally raped and tortured in east Delhi and could be rescued only three days later, as reported in TOI, because of police callousness and insensitivity, led to widespread public outrage on Friday. The child is now battling for her life at AIIMS where she was shifted from Swami Dayanand Hospital in Dilshad Garden when public anger boiled over leading to heckling of Delhi health minister A K Walia and the slapping of a 17-year-old girl protester by a senior cop. A string of protests has been scheduled for Saturday.

Reading the mood early, a government that had faced a lot of flak over the Nirbhaya incident barely four months ago, moved into damage control mode with a string of high-level meetings, culminating in Prime Minister Manmohan Singh expressing deep regret over the incident. Within hours, the SHO of Gandhi Nagar police station, the first investigating officer of the case and the ACP who had slapped the girl had been suspended.

What fuelled public anger were allegations by the family of the victim that not only did the cops first delay filing the FIR and then failed to search their house, wasting precious time, they also tried to fend them off with an amount of Rs 2,000 after the child was rescued. They were told to be happy that she was alive, the family has alleged. A vigilance inquiry has been ordered and the report is to be submitted within 24 hours.

The brutality, bordering on the bestial, has shocked the conscience of the city. "We found a 200ml bottle and two-three pieces of candle inserted into her private parts. This is the first time I have seen such barbarism," said R.K. Bansal, medical superintendent of Swami Dayanand Hospital. "There were injuries on her lips, cheeks, arms and anus area. Her neck had bruise marks suggesting that attempts were made to strangle her. Her blood pressure was way below normal." The police said there were efforts to even slit her throat.

The accused has been identified as one Manoj, 22. Late at night, the police arrested the accused from Muzaffarpur in Bihar.

The accused had rented the ground floor of the house where the victim stayed just eight days ago. He had probably lured the child into the room on the evening of April 14 when she went missing. After brutalizing her and leaving her locked up, he escaped sometime on April 15 even as her family was looking for her desperately. On the morning of April 17, the mother and their neighbours heard someone crying in the room and called the cops, only to find their child. The accused has a previous case of trespassing registered against him and he was yet to be verified.

An attempt to murder case has been slapped on him, along with sections on wrongful confinement, procuring women for sexual matters, rape and the stringent POCSO Act that is meant for the protection of children.

By late evening, DCP (East) Prabhakar confirmed that both the SHO of Gandhi Nagar police station, Dharampal Singh, and the first investigating officer of the case, Mahavir Singh, had been suspended and would be facing a vigilance inquiry. "The allegations of police inaction and bribery will be covered by the same inquiry. The home ministry too has evaluated the entire investigation process,'' he said.

Earlier in the day, the Union home ministry sought a report from Delhi Police on the incident even as the home minister, Sushil Kumar Shinde, was asked to attend an emergency meeting at 7 RCR. Home secretary R K Singh had set the tone by announcing that he had spoken to police commissioner Neeraj Kumar and that "strict action must be taken against policemen concerned if any dereliction of duty is established.''

Anger against Delhi Police mounted after the girl's father, a mason, said they failed to even register his complaint when his daughter went missing. Angry protesters - including neighbours and activists of Aam Aadmi Party (AAP) - had soon gathered at Swami Dayanand Hospital. They raised slogans against chief minister Sheila Dikshit and the police, demanding immediate arrest of the accused. Delhi's health minister, A K Walia, and East Delhi MP Sandeep Dikshit were heckled by them when they visited the victim at the hospital.

An assistant commissioner of police was suspended for slapping one of the protesters, a 17-year-old girl and a Class XII student, Beenu Rawat, who was enquiring about the condition of the victim at the hospital. ACP Bani Singh Ahlawat, posted in the Khajuri Khas area of east Delhi, was suspended for slapping and pushing her, said a senior police officer.

Commissioner Neeraj Kumar said it was an unfortunate incident but an aberration. "Delhi Police is not known for such high-handedness and we have taken prompt and strict action by suspending the ACP,'' he said. Beenu, a resident of east Delhi's Shahdara, was trying to enter the emergency ward of Swami Dayanand Hospital when a scuffle ensued

Thursday, April 18, 2013

Don't buy gold, buy corn


Don't buy gold, buy corn

You know what a chicken burger really is, don’t you? Corn upon corn upon corn, beginning with corn-fed chicken in the patty held together by corn starch and corn-derived food additives between buns containing high fructose corn syrup.

Corn is the secret ingredient in modern processed food as well as hundreds of products on supermarket shelves. Corn is the cornerstone of industrial animal farming and the American ethanol industry. That makes corn the world’s most exciting cash crop. This year, USA alone will grow corn worth more than $70 billion, five times more than what its wheat is worth.

Corn hasn’t yet reached that scale in India. But the excitement is palpable in Asia’s second largest grower.
There are two reasons behind corn’s enormous success as industrial ingredient. One, corn starch is sugar that can be broken down into molecules and reassembled easily.

The second factor was hybrid seed technology that increased corn yields 40% in last 20 years. Today’s corn supply is 70% more than 1988. Higher production per acre has made corn abundant, cheap and able to keep pace with growing demand. So user industries need not worry about the price of corn for the next couple of decades. Its unique combination of molecular versatility and high productivity has made corn the universal darling.

Among the first to discover corn’s economic value was the poultry and livestock industry. Cows and chickens don’t naturally eat corn. But corn-fed animals gain weight faster than normal, thus paving the way for industrial animal farms seeking efficient conversion of grain into animal protein. Almost half of the world’s corn is fed to animals.

Technology helped processed food industry convert corn starch into sweeteners, binders, thickeners and additives. High fructose corn syrup replaced expensive white sugar in colas, salad dressings and desserts.

The latest to join the corn bandwagon is the biofuel industry that is fermenting and distilling corn starch into ethanol. Next year, for the first time US will use more corn for ethanol than for animal feed. With rising global demand for animal protein and starch, corn demand is rising too. Countries that don’t grow corn are importing it from USA, Brazil, Argentina and India. International corn trade is now larger than international rice trade. China recently turned net importer.

India is on the threshold of a similar corn revolution. The introduction of high-yielding corn hybrids in the Nineties turned a subsistence cereal into a valuable cash crop for even small farmers in Bihar, Andhra Pradesh, Karnataka, and UP. Traditionally, corn was a summer crop. But the new hybrids could survive low winter temperatures, off-season diseases and pests and gave two times higher yields. Today India has two harvests, boosting acreage and supply. It turned from importer into exporter.

Simultaneously, higher incomes began helping India shrug off economic vegetarianism. More people can afford chicken, eggs and meat. The availability of affordable feed helped poultry farming shift from backyards to companies listed on the stock exchange.

The continuous tug-of-war for corn between food, feed and starch industries here and overseas has kept prices attractive for Indian farmers and traders. With drought affecting USA's corn crop this season, international prices are at multi-year highs. That means prospects for Indian corn export are extremely bright. In the next five years, demand in India from poultry will rise 80%, livestock 35% and starch industry 13%. Will supply keep pace? Undoubtedly.

Though nowhere near the world average, Indian yields are growing faster, almost 4% annually, because farmers are willing to invest in a profitable cash crop. In the next five years, supply could jump 40% to touch 25 mn tonnes at least.

In fact, farmers are expected to purchase corn seed worth Rs 1,000 crore annually by 2016. That sheer market opportunity has put seed companies in overdrive. Quick out of labs are hybrids that can overcome drought, more diseases, pests, and heat. They are designed for mechanized harvesting and chemical sprays instead of manual weeding to reduce labour costs. Hybrids are being tailor made for each region and season to make corn a pan-Indian crop. Once biotech corn is permitted, it could be a game-changer like BT cotton.

Industrial technology, consumer demand and industrial farming have created a global corn revolution that is now trickling into India. Our corporate investment in corn technology beats rice, wheat and oilseeds.

What of the future? In DuPont India’s knowledge centre at Andhra Pradesh’s Genome Valley lies a blue shirt made from a stretchable fabric derived from corn. It is the perfect confluence of science, agriculture, manufacturing, and consumer taste. With talks on with textile companies for commercialization, corn-based clothing could be in your wardrobe sooner than you think.

Maintenance fee for premium apartments hits Rs 1 lakh a month


Maintenance fee for premium apartments hits Rs 1 lakh a month

Maintenance charges at The Imperial, at Tardeo in south Mumbai, for instance, is as high as Rs 1.5 lakh a month for a 10,000 sq ft apartment.
Maintenance charges at The Imperial, at Tardeo in south Mumbai,
 for instance, is as high as Rs 1.5 lakh a month for a 10,000 sq ft apartment.
MUMBAI/NEW DELHI: If you've been wondering that the EMI you are paying for your home loan was massive, think again. These days, residents of some of Mumbai and Gurgaon's premium apartments are paying astronomical amounts just asmaintenance fee for the all the facilities that are thrown in with their apartments.


Maintenance charges at The Imperial, a residential building at Tardeo in south Mumbai, for instance, is as high as Rs 1.5 lakh a month for a 10,000 sq ft apartment. This isn't an exception, but more of a norm, given the number of luxury projects that have sprung up in the recent years.

Even the smallest 2,550 sq ft configuration flat at The Imperial shells out over Rs 40,000 based on monthly charges of Rs 16 per sq ft, says one of the residents of the building. In Gurgaon, too, some high-end properties charge Rs 7-10 per sq ft and the size of some apartments are between 4,000 and 5,000 sq ft.

The high-rises that are under construction or have come up in Mumbai and Gurgaon are setting new benchmarks in luxury. Apart from the usual frills, they sport facilities like concierge service, air conditioned apartments, large private swimming pools and restaurants, and the super-rich are ready to pay top-dollar to buy such a lifestyle. Most of the residents in such buildings are corporate promoters, diamond merchants, investment bankers, and the likes.
Maintenance fee for premium apartments hits Rs 1 lakh a month
Typically, the amenities along with its location dictate the property price, and good maintenance enhances the life of the building besides the luxury quotient adding to the resale value. "Property rates in our complex are at least 30% higher than the neighborhood," said Pradeep Patil, chairman of Oberoi Sky Heights Co-operative Society. He insists that the rate differential is due to "good maintenance, landscaping and services offered here".

Oberoi Sky Heights, a 36-storey building, was constructed byOberoi RealtyBSE 0.60 % and the management of the society was handed over to the managing committee two years ago. The complex, with two wings and 65 apartments, charges Rs 9 per sq ft a month as maintenance charge and has amenities like clubhouse, gym, squash court and a pool. The highest monthly maintenance charge of Rs 1.08 lakh are paid by owners of triplex apartments here spread over 12,000 sq ft that also boast of private swimming pools on terraces.

Given the large sizes of these projects and the ultra-luxury amenities, more and more housing societies and developers are now engaging companies specialising in facilities management to take care of maintenance aspect.

"Earlier, only commercial complexes used to hire facilities management firms. However, given the number of luxury properties being developed, even housing societies are doing so," says Vishal Gupta, chief strategy officer at ISS Integrated Facilities Services that looks after estate and facilities management for various societies and developers.Gupta admits that the trend has hadapositive impact on their business as residents, who can afford this kind of maintenance charges, ensure that they are served professionally. "The quality of service and facilities is crucial for someone buying such luxury apartments," says Gupta.
At Lodha Bellissimo, one of the early 'by-invitation' projects in central Mumbai, maintenance charges are Rs 13 per sq ft a month that pushes the highest charges for a 5,000 sq ft duplex here to over Rs 65,000. The 48-storey, 3-wing complex has a concierge service, club house, sky garden on every fourth floor and 18,000 sq mt of open landscaped area.

Most property brokers who are marketing various luxury projects are already telling buyers that maintenance charges for new luxury apartments worth more than Rs 7-8 crore coming up in south and central Mumbai could easily be around Rs 50,000 a month.

The scenario is no different in Gurgaon. DLF Aralias, a property offering concierge service, conference rooms, on-call service, guest services, restaurants, charges Rs 10 per sq ft as maintenance charges for its apartments. And apartment sizes here are 5,000-6,000 sq ft, while some duplex's are of 10,000-11,000 sq ft size, pushing the total monthly maintenance to over Rs 1 lakh.

"With projects now offering high quality services, maintenance charges have increased drastically. It is usually about 10% of the rent being charged in a building. For really high-end projects like Aralias, this figure would be around 20% of the rental value," says Abhay Khemka of Khemka Investments & Properties, a real estate brokerage firm in Gurgaon.

Other buildings in Gurgaon — DLF Pinnacle, DLF Magnolia, DLF Laburnum, ParsvnathExotica, Vipul Belmonte, Unitech Heritage City, Unitech's Uniworld City — charge between Rs 2-4 per sq ft. For a large 5,000 sq ft apartment, this would mean anywhere between Rs 15,000 and Rs 20,000 per sq ft. But in this Delhi suburb, where power cuts are a regularity, what also adds to the overall maintenance charge is the cost of running diesel power backups for which charges range from Rs 14-16 per unit, compared to power charges of Rs 4-5 per unit.

Many of these high-end societies are maintained by facilities management divisions of international property consultants like Cushman & Wakefield, Jones Lang LaSalle India, CBRE South Asia and Knight Frank as well as local firms like Vipul Facility Management.

Iraq violence: Baghdad cafe hit by deadly bomb attack

At least 27 people, including two children, have been killed and dozens more injured in a bomb attack on a cafe in the Iraqi capital Baghdad, officials have said.
Map of IraqA suicide bomber detonated his explosives inside the cafe in the west of the city, police said.
No group has said it carried out the attack.
The violence comes ahead of Iraq's provincial elections on 20 April, the first in the country since 2010.
Emergency workers were still trying to pull out victims trapped in the rubble when part of the building collapsed, police told the Reuters news agency.
On Monday, a series of co-ordinated car bomb attacks took place across the country, claiming at least 31 lives and injuring more than 200 people.
Tensions are high between Iraq's Sunni and Shia, amid claims by the Sunni Muslim communities that they are being marginalised by Prime Minister Nouri al-Maliki's Shia-led government.
Sunni Islamist militants linked to al-Qaeda have attempted to destabilise the government by stepping up attacks, mainly on Shia but also Sunni targets this year.
Although violence has decreased in Iraq since the peak of the insurgency in 2006 and 2007, bombings are still common.

10 reasons gold is an awesome commodity


10 reasons gold is an awesome commodity



1. It is an universal currency – and the Central bank hates that. When I say central bank it means all the central money regulatory authorities.
2. Most of the Central Bankers and Finance Ministers are just kicking the can down the road. If we had a limit on how much of fiat currency we could print, we would be bankrupt.
3. When a borrower cannot pay, he just does not. Ask any defaulting individual, corporate or a country. So lending against gold is still even internationally the safest way to lend.
4. Terrorist bribes in unmarked gold is common – this will also ensure the demand for gold.
5. One day we will return to the Gold Standard. The day the governments of the world decide to call off the fiat currency printing madness, this will happen.
6. Gold prices will fluctuate – see it expressed in various currencies and you will know that when currencies fluctuate gold prices do vary. So a fall in US $ may actually mean it has gained in Yen or in Rupee.
7. Indians will continue to buy gold: there is something which the Indians know about owning gold which the others do not.
8. Trying to draw a co-relation of gold prices to US $, yen, rupee, oil, is all fine – but it is a time pass activity, do not waste time. If you have spent 30 minutes doing that, you have wasted 27 minutes at least.
9. How well gold performs against any OTHER asset, how it performs when the economy does well -or does badly, are just diversions.
10. Over long periods of time gold will beat inflation – and is a decent hedge against inflation – but with a caveat – it can suddenly pull the rug under your feet. That is exactly what scares people.

Wednesday, April 17, 2013

AADHAR CARD ONLINE


Get your Aadhaar card letter online [India]


So you have enrolled for Aadhaar card long back but still have not got the Aadhaar letter/ UIDAI number ?

Or

Your Aadhaar card status is showing "Aadhaar number generated" status but there is a delay in getting Aadhaar card letter ?

UIDAI has come up with a solution for all these delay in getting the physical copy of the Aadhaar letter. Now you can get your aadhaar letter in PDF format online.

Just go to http://eaadhaar.uidai.gov.in/

Provide the Enrollment number , date/time and pin code as mentioned during the Aadhar registration .
Provide Enrollment Details

A confirmation whether you still have the same mobile number that was mentioned when registering is displayed.If you have changed your mobile number since then, just mention the new mobile number by clicking No.
Mobile Number Confirmation
An OTP(One Time Password) will be sent to your registered mobile number. Just type the same.
OTP sent to the mobile number
And there you go, you will get a link to download the PDF copy of your aadhaar/ UIDAI letter :)
Download your AADHAAR Card
The Password of the PDF copy of your Aadhar letter is your pin code mentioned during registration. (The PDF is also digitally signed :) )

I was amazed to see this procedure working so smoothly. So,now no need of waiting to get the physical copy of the Aadhaar letter anymore.

10 Asian entrepreneurs with fastest-growing private companies


10 Asian entrepreneurs with fastest-growing private companies


These 10 entrepreneurs have immigrant roots in Asia and India, but they have built some of the fastest-growing, private companies — many in technology — in the US. Meet the Tech Rajas ready to make it big:



Neil Dufva, Founder & CEO, Crunchy Logistics

2011 Revenue: $2.1 m
3-Year Growth: 1,881%

Neil Dufva led several entrepreneurial ventures before founding Crunchy Logistics in 2008. The tech firm expanded rapidly since its inception, focusing on the deployment and support of highly secure control systems, content distribution networks, and natural userinterface advancements.

Rose Cook & Lynn Faughey, Co-Founders, The FlexPro Group

2011 Revenue: $3.7 m
3-Year Growth: 2,958%

Though identical twins Rose and Lynn Cook do not come from an entrepreneurial family, they are no strangers to risk-taking. They started the FlexPro Group in 2008 during the Great Recession. The firm offers supply chain consulting to the pharma industry.

David Chen, Founder & CEO,NextWorth Solutions 2011 Revenue: $20.4 m
3-year Growth: 3,154%

A serial entrepreneur out of Babson College's hatchery, David Chen launched NextWorth in 2005. "I remember selling floppy discs to prep school kids when I was in 8th grade," recalls Chen. NextWorth helps consumers and big retailers recycle old electronics.

Byron Hsu, Founder & CEO, Xenon Project Int'l 
2011 Revenue: $4.4 m
3-Year Growth: 3,586%

Byron Hsu's parents wanted him to get a PhD, but Hsu had other plans. In 2008, he founded Xenon Project, to sell remote control cars on eBay. Today Xenon Project distributes remote control and nitro-fueled toys and other goods, such as kitchenware and sports equipment.

Andy Kim Founder & CEO, IT Source

2011 Revenue: $24.8 m
3-Year Growth: 4,756%

Started in 2002, IT Source offers companies of all sizes tech support with credit card processing and telecommunications. Founder Andy Kim believes that his engineering background helps him see flaws as opportunities for improvement, which is reflected in his company.

Kenneth Lin Founder & CEO, Credit Karma

2011 Revenue: $5.7 m 3-Year Growth: 5,279%

Frustrated that he had to pay to find out his credit score, Kenneth Lin came up with a way to give consumers a better offer. In 2007, he founded Credit Karma, which allows consumers to check their credit scores online for free. It also informs users about ways to save money.

Pradeep Goel, Founder & CEO, EngagePoint

2011 Revenue: $13.2 m
3-Year Growth: 5,855%

Pradeep Goel's Consumer Health Technologies develops software to help employees manage their own health benefits. Used by third-party administrators, insurance payers and financial institutions, Consumer Health Technologies, which was founded in 2007, strives to make consumers active buyers of insurance policies rather than passive recipients.

Krish Patel Founder & CEO, Wireless Comm 2011 Revenue: $22.9 m 3-Year Growth: 6,581% At a young age, Krish Patel became an entrepreneur by filling houses. In 2008, he founded Wireless Communications, which operates 32 Verizon Wireless retail locations in Georgia, Kentucky, South Carolina and West Virginia.

Zia Islam, Founder & CEO, Zantech IT Services

2011 Revenue: $17.8 m
3-Year Growth: 7,331%

Zia Islam founded Zantech IT Services in 2007 to offer enterprise technology systems to the federal government. He was inspired by his brother's success building his own company. "The customer is always our No. 1 priority," says Islam.

David Tam, Founder & CEO,RateSpecial Interactive 

2011 Revenue: $15.5 m
3-Year Growth: 8,593%
After graduating from UCLA, David Tam was prepping for law school when a part-time job with an online ad agency changed his plan. Today, he wears many hats as CEO of RateSpecial, an interactive advertising and marketing agency.