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Vinod Gupta CEO resigns (Vinod Gupta Chairman Infogroup Latest News): Vinod Gupta, an NRI who is also the founder of Omaha based company called Infogroup has resigned from the company’s board of directors. He was also serving as the Chairman of Infogroup.

Vinod gupta was removed from the post of chairman of Infogroup by the board of directors in 2008 for excessive spending. He has supposedly around $9 million on personal luxuries like planes, houses, a yacht and a Memorial Stadium skybox. Since this money belongs to the company, after he resigned, the company is planning or a sale of these items.

InfoGROUP was founded in 1972 by Vinod Gupta. The headquarters are located in Omaha, NE, USA. The company employs over 5,000 people in 88 offices worldwide. InfoGROUP has over 4 million customers worldwide and revenues in 2006 were over $700 million.

Right now, private-equity firm CCMP Capital Advisors LLC will acquire Infogroup for $635 million, or $460 million in cash in addition to assumption of the company’s debt. Vinod Gupta, who owns more than a third of the share of Infogroup has agreed to support the deal.

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Indian Toddler Death in Australia Update (Indian charged in latest news): A 23-year-old Indian man has been charged with the dead of the Indian Toddler in Melbourne, Australia a few days ago.

The name of the Indian man is Dhillon Gursewak and he is appearing in an out-of-sessions hearing at St Kilda Road Police complex, local media reports said.

As per reports, Dhillon Gursewak used to live for a short while with three-year-old Gurshan Singh Channa who was with his parents in a house in David Street, Lalor. They were not however related.

“Gursewak is not expected to apply for bail” reports said.

**As per latest updates on NDTV news, Dhillon has accepted his crime. More news on this soon.

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Women’s Reservation Bill Live from Parliament (Rajya Sabha India Live Streaming): RajyaSabha.Nic.in is broadcasting the Women’s Reservation Bill online through their website’s live streaming video feed. You can watch the same on the link given below.

To watch Women’s Reservation Bill Live from Parliament: Click Here

The video is real time and streams at 50Kbps. The streaming video feed is provided by National Informatics Center of India. Some other Indian news channels are also providing live video feed on the same and I have already posted another article on this website giving details of the same.

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Women Reservation Bill Live (Watch Women Reservation Bill Parliament Online): NDTV is exclusively covering the Women’s Bill and you can watch the coverage live on NDTV on the link given below.

To watch Women Reservation Bill on NDTV live: Click Here

NDTV has made and exclusive interview with sonia gandhi on the Women’s Reservation Bill and the same has been aired just a while ago. You can watch the interview on the same link given above.
More on the W-Bill will be posted soon on this blog. Please feel free to post your comments on the W-Bill below.

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Sonia Gandhi Interview on Women Reservation Bill NDTV Video: Here is the link to NDTV’s Interview with Sonia Gandhi on the Women’s Reservation Bill. To watch the video, please visit the NDTV link given below.

To watch the Sonia Gandhi Interview on Women Reservation Bill: Click Here

In the interview ,Congress president Sonia Gandhi said “I am grateful to opposition for supporting the Women’s Reservation Bill”. She also recalled that the “Women empowerment was Rajiv’s dream”.

More updates on the Women’s Bill will be posted soon.

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Airtel Showroom attacked by Raj Thackeray in Mumbai Video: Two airtel showroom have been attacked and vandalized by Raj Thackeray’s Maharashtra Navnirman Sena because the company (Airtel) does not have marathi in their recorded mobile messages. To find a video report on the Raj Thackeray’s men attacking two Airtel showrooms in Mumbai, please visit the video link given below.

For Raj Thackeray’s men attack Airtel showrooms video report: Click Here

For Raj Thackeray said in his speech addressing his men, “The time for solving the technical problem is over. Pull Air’s Tail”. Less than an hour later, Maharashtra Navnirman Sena men were seen vandalizing Airtel offices in Thane, Mumbai.

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Bank of Rajasthan Special Audit on Fraud (BoR Case Update News): After SEBI said Bank of Rajasthan is engaged in Fraud, BoR shares dropped by 12% on BSE. A special audit has now been ordered by RBI on this matter.

As per reports, RBI or the Reserve Bank of India has ordered a special audit of the accounts of Bank of Rajasthan following the SEBI statement that the “bank’s promoters have fraudulently hiked their stake in the entity”. As per reports by Sify on the Bank of Rajasthan case, share prices of BoR has dropped by 12.28% to a low of 58.60 on BSE.

A week ago, BoR made news after RBI imposed a Rs 25-lakh fine on the bank following a string of violations. Many transactions of the Bank in property, anti-money laundering, etc. had been pulled up by RBI as “suspicious” at that time. Following this and the new RBI-SEBI case, the RBI has felt the need of a special audit on the Bank.

More updates on the same will be posted soon.

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Watch Swami Paramhansa Nityanand Public Statement Video (Nithyananda Press Conference Release Video): After the popular Swami Nithyananda Sex Scandal, Swamiji has released a public statement video on Youtube. There are some press releases that are being posted on the Nithyananda Dhyanapeetam website whose link you can find below.

Watch Swami Paramhansa Nityanand Public Statement:

Watch Swami Paramhansa Nityanand Press Conference Video (Unedited):

There are more videos released from the Swami’s Ashram and you can find all of them on their Youtube Channel. The press releases can be found on the Swami’s website.

Latest updates on the same coming soon.

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MCOCA act against Godman Shiv Murat Dwivedi – What is MCOCA (can be pronounced as MAKOKA) Act 1999? Godman Shiv Murat Dwivedi maybe charged under MCOCA act of 1999 for allegedly running a sex racket from his ashram in Khanpur. Police says “he can’t get away by paying just a fine” if he is charged under the MCOCA Act of 1999. But what actually is MCOCA Act? You can find the answer in the below given link from SATP.org

To know more about MCOCA Act 1999: Click Here

MCOCA Act or the Maharashtra Control of Organised Crime Act, 1999 is an act to control Organised Crimes. The complete details on the same can be had from the link given above.

“When he was caught earlier, Dwivedi had pleaded guilty in an Immoral Act case and got away by paying some fines. He had similar plans this time as well, but we have a very strong case against him. We will book him under MCOCA, so that he can’t get away with a fine,” said an investigating officer.

Police already recovered diaries and many love letters and notes and all these have revealed that Shiv Murat Dwivedi used to keep a close watch on the girls and his finances.

“He was meticulous in his planning. He noted even the minute details of the payments made to every girl and also made a roster for their duties and off-days,” a police officer said.

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Ranjitha Suicide Attempt (Tamil Actress in Swami Nithyananda tape attempts suicide): In the latest news on the Swami Nithyanand Sex tape scandal, it has been reported that Ranjitha, the tamil actress who appeared in the tape, has attempted suicide yesterday.

Just after the sex video featuring Swami Nithyanand and the tamil actress Ranjitha in compromising positions leaked on the internet and other media, the news spread like wild fire and every news channel started talking about. Hundreds of blogs also started writing about the story, adding to the already hyped news and making more and more devotees of Swami Nithyanand disappointed.

Tamil Actress Ranjitha has acted in telugu movies such as Maavichiguru and Sriramulayya and she was married to a army man. She is now a divorcee.

As per latest news from OneIndia, “there are rumours now that Ranjitha herself created the tape to blackmail the spiritual leader. This, however, backfired when the video ended up in the hands of the media and its visuals being aired and published across the country”.

More on this news, coming up soon.

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Rahul Mahajan Swayamvar winner (Rahul Mahajan Marriage on NDTV Imagine today). Today is the final of Rahul Mahajan’s Swayamvar and the winner will be declared today. The finalists are Nikunj Malik from Faridabad, Dimpy Ganguly from Kolkata and Harpreet Chabra from Delhi. There is tough competition between Nikunj and Dimpy. And today Rahul will declare which girl have won him over.More details given below:

The hot Favorite is Nikunj Malik with whom Rahul shares sizzling chemistry. Till now, Rahul have shown more interest in Nikunj more than anyone else. But sources say that Dimpy Ganguly will be emerging as the glittering winner of the show as she had apparently left a film offer only to win Rahul’s heart in the Swayamvar. It is also heard that Rahul and Dimpy shared acquaintance even before the show had started. But if we see only screen chemistry then Nikunj is the hot favorite. And now, reports say that Harpreet is ready for a “Contract Marriage” with rahul for 1 year. So, we just don’t know who will win as yet.

So, all eyes are on all the 3 girls. Today everyone will be watching this show which have garnered more TRPs than the previous “Rakhi Ka Swayamvar”. People are still wondering whether Rahul will really marry the girl or is it just a show like Rakhi sawant’s. Anyway whether it is for real or not, whether Rahul actually is going to get married, whether all the girls are just doing it for fame or they really like Rahul, We will have to wait and watch!

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G P Birla Dead News (GP Birla passed away at 87). GP Birla, one of the most well-known and respectec Indian industralist died on 6th of march 2010. He was 87. He is survived by wife Nirmala, son CK Birla and daughter Lekha Poddar. He is the son of late B M Birla was his father who founded the GP-CK Birla group.

GP Birla was the head of the GP-CK Birla group of companies that owns Orient Paper & Industries Ltd. and Hindustan Motors Ltd.Apart from Hindustan Motors, other prominent companies of the group include Hyderabad Industries Ltd, Orient Paper & Industries Ltd.AVTEC Ltd, National Engineering Industries Ltd, Birlasoft Ltd, Indian Smelting & Refining Co. Ltd, Nigeria Engineering Works Ltd, Nigeria, and Pan African Paper Mills (EA) Ltd, Kenya. In Kolkata, the group also manages two major healthcare facilities; BM Birla Heart Research Centre and Calcutta Medical Research Institute.

Birla’s last rites would be performed in Kolkata on Saturday.

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Ranjitha Nithyananda Swami Scandal News Updates (Ranjitha Gone Hiding): After the sex scandal video leaking case with Nithyananda Swami, tamil actress Ranjitha has gone hiding, as per reports from Oneindia.

The news about Nithyananda Swami scandal spread like wild fire on the internet and hundreds of websites started writing about it. But so far, tamil actress Ranjitha has not made any statement on the same and it is not so sure that the girl who appeared in the Nithyananda Swami scandal video is actually her. But as per reports, she has now gone hiding and that sure is making a point.

In another report, it has been mentioned that the whereabouts of Nithyananda is also not known right now. The video showing the Swami in a compromising position with the Tamil actress has enraged his devotees around the country. People have come out to the streets, burning his effigies, pulling down his posters and even vandalizing his ashram.

As for the latest news, two cases have been filed against the Swami for cheating and offending religious sentiments. However, the people close to the Swami claimed that the video is a attempt by one of the inmates of his mutt to tarnish the image of the Swami.

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Gratuity Act Ammendment India 2010 (Gratuity Calculation and Payment). This is good news for all employees specially government employees. The Gratuity limit has been raised from 3.5 lacs to 10 lacs. This will give advantage to both private and public sector employees. According to this new ammendment the 10 lacs on gratuity is Tax-free. I have given the details of the new Gratuity Act Ammendment India 2010 and Gratuity calculation below:

On Thursday, in the lead of PM Manmohan Singh, this decision was taken at a cabinet meeting. This proposal of Labor and Employment Ministry has been given approval. Although many state governments has provided this type of advantage earlier. It is better decision regarding gratuity act to raise the Graduity limit.

CCEA has taken decision to open the 137 General Nursing and midwife school to remove the scarcity of nurses and midwives. These schools will be made in Bihar, Chhattisgarh, Madhya Pradesh, UP, Uttarakhand, Rajasthan, Orissa, Himachal Pradesh and others. The amount of 1370 crores will be spent on this planning.

For the Gratuity calculation the gratuity calculation formula is

1. basic/26 x 15 days x number of years of service

OR

2. BASIC + DA (Last Pay drawn) X 15 /26 X No. OF YEARS WORKS

Gratuity is to be paid to any employee only he provides service for a minimum time of five years at a stretch with his employer in company. The Gratuity calculation is done as per the last average remuneration drawn and time in years served by an employee.

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Karnataka Budget 2010 Highlights (Important Points of Karnataka State Budget 2009-2010): Here are details on Karnataka Budget 2010 Highlights and important points listed in bullets.

Karnataka State Budget 2010 Highlights:

  • 1000 new Industrial Training Institutes (ITI) to be opened under Public Private Pratnership (PPP )in rural areas.
  • Sanskrit University in Bangalore
  • Rs 25 cr for improving roads in Coorg
  • Rs 425 cr to develop new areas under BBMP
  • Rs 250 cr for widening of all state highways
  • 4 lane highway between Hubli – Dharwad at the cost of Rs 50 cr
  • Better drainage system promised for Bangalore
  • 1 per cent Hike in VAT from the next Financial year
  • Rs 2 cr allotted for Solar Lamp subsidy
  • Industrial Export center at Mysore
  • Rs 3000 cr for development of roads and flyovers in Bangalore
  • 13 pc Tax on vehicles priced above 5 Lakhs
  • 15 pc Tax on Tobacco products
  • Rs 15,440 crores for Steel Zone in Bellary
  • Toll of Rs 500 on heavy goods vehicles entering the state
  • Life time tax on two wheelers raised from 8 per cent to 10 per cent

More on Karnataka Budget 2010 will be posted soon on this website. You can also visit the Kanataka State Government website for more details on the same.

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