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Hand-picked News For Busy NRIs & PIOs
Issue No. 108 Evening Edition IST
Corporate World . Politics . Investment Opportunities in India
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Headline News in this issue:

India says hello to 3G Mobile Era
Pak cracks whip after UN curbs Dawa
Gehlot is Rajasthan CM
Four Indian boxers in World Cup
Crisis hits lease rental mkt
US, UK tone down travel advisories
IcySpicy: ‘IT’S GREAT TO BE SEXY’

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SENSEX: 9,690.1 DOWN 54.3 % from 52-wk high

FOREX-Rs: USD 48.68 / EUR 64.76 / GBP 72.99

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PM takes call, India says hello to 3G (TOI, Mum, Pg 1)

New Delhi: India entered the third generation mobile era on Thursday with Prime Minister Manmohan Singh launching the country’s first 3G network by receiving an inaugural video call and viewing live television on a 3G-enabled mobile handset.

The call was made using the MTNL network at the inauguration of India Telecom 2008, a global telecom meet organized by FICCI. “This marks a paradigm shift in the use of mobiles. With up to 2 Mbps capacity, consumers can make video calls, view live TV, get video surveillance of their homes or offices on their handsets and,of course, access email speedily,’’ R S P Sinha, MTNL’s CMD, said.

India can look forward to a host of enhanced services before the end of 2009. The 3G services will be available in Mumbai next year and later in Chennai.

Pak cracks whip after UN curbs Dawa & its chief (TOI, Mum, Pg 1)
Puts Saeed Under House Arrest

New York/New Delhi: Reacting to the UN Security Council’s resolution imposing sanctions on the Jamaat-ud-Dawa, a front for the Lashkar-e-Taiba, Pakistan on Thursday placed its chief, Hafiz Saeed, under house arrest and said all offices of the outfit would be closed.

“Police have encircled the house of Hafiz Saeed in Lahore and told him he cannot go out of his home. They have told him detention orders will be formally served on him shortly,’’ Saeed’s spokesman Abdullah Montazir said.

Interior ministry chief Rehman Malik told reporters that the JUD had been banned with immediate effect. The group’s offices across Pakistan were being sealed and its activists were under observation, he said.

Gehlot is Rajasthan CM (TOI, Mum, Pg 1)

Ending three days of power struggle in Rajasthan, the Congress on Thursday chose Ashok Gehlot as the new chief minister.

The other new Chief Ministers chosen in the last few days were:

Delhi: Smt. Sheila Dikshit (Congress)

Madhya Pradesh: Shivraj Singh Chouhan (BJP)

Mizoram: Aizawl Lalthanhawla (Congress)

Maharashtra: Ashok Chavan (Congress)

Chhattisgarh: Raman Singh (BJP)

Four boxers in World Cup semis (TOI, Mum, Pg 1)

In a first for Indian boxing, four boxers have reached the semifinals of the AIBA World Cup in Moscow.

Crisis hits lease rental mkt (TOI, Mum, Pg 1)

Mumbai’s commercial lease rental market has been hit by the slowdown, with rents dropping by 50% in some areas.

For news in detail, visit The Times of India ePaper

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US, UK tone down travel advisories (ET, Mum, Pg 1)

In what is seen as a reflection of foreign governments’ belief that the situation in Mumbai has improved, many of them have now started toning down the warnings issued to their citizens just after the November 26 terror attacks.

The US, the UK, the Netherlands and Canada have all changed their old advisories. The development could give a fillip to the tourism industry, which has been hard hit by the recent attacks.

For news in detail, visit The Economic Times ePaper

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IcySpicy

‘IT’S GREAT TO BE SEXY’ (BT, Mum, Pg 1)
... says Katrina Kaif who was voted Asia’s Sexiest Woman over Bips, Priyanka, Bebo and Ash

She’s beautiful, stylish, witty, successful and she’s sensational, dahlings, that’s why we all love Katrina Kaif. We’ve even heard cutesy tales of young girls gifting this gorgeous gal ‘stuffed toys’ with mucho love and affection.

But now, we’re worried that a certain Mr Hugh Hefner should cast his ‘appreciative’ eye in Katz’s direction. (And probably send her some ‘stuffed bunnies’.) Why so? ‘Coz now she’s been voted ‘sexiest’ Asian babe too.

The poll is an annual shindig run by an ethnic Asian magazine in the UK. And in a sweeping statement Katrina was voted ‘Sexiest Asian Woman Alive’ for 2008. With this she pushes Bipasha Basu (last year’s winner) to second spot. Priyanka Chopra, who wowed everyone with her perfect curves in a gold swimsuit recently, came in third and Kareena’s lemony swimwear act got her fourth place in a poll dominated by our Bollywood desi girls.

Evergreen beauty Aishwarya Rai’s marriage did nothing to dim her appeal, as she came in seventh. New entrants to this local ‘sexiest list’ included Pakistani actress Mehwish Hayat (9), Pantaloon’s Femina Miss India Universe Simran Kaur Mundi (10), former Miss Sri Lanka Jacqueline Fernandez (12) and South Indian and Ghajini star Asin (22).

Katz was overjoyed at the result, but was her usual shy ‘n’ modest self when we congratulated her. “It feels good when a fan-based or a viewer-based community votes for you and thinks that you’re good. And this particular poll is pretty popular among the Asian community in the UK. I was floored and I am grateful to all those who voted for me. It’s great,” said Asia’s sexiest woman.

We did ask her how she related to the word ‘sexy’ now, after ‘beautiful’. She laughed, “I guess ‘sexy’ is just another adjective when people like you. I take it as a compliment.”

And how would other ‘displaced’ beauties feel? “Oh! It’s just part of a process. The industry is a happy family. We’re all happy for each other. Next year I may be down a notch or vice versa. It’s nice to be voted but it shouldn’t go to anyone’s head. I’m sure everyone feels like that.”

Hmmmn! Don’t be so ‘cool’ girl. Now the real real test is coming up. The true-blue international poll – The ZOOM – 50 Most Desirable show. That's where our guys ‘n’ dolls hafta score, huh? And those scoring in the top five there are the true ‘sex symbols’, guys. Then Mr Hefner sure will have his eyes in a roll — as for a certain Mr Khan, we’d say hold on to your gals (and your breath) — this one’s gonna be a fight, dear dudes and dudettes. Don’t say we didn’t warn you!

For news in detail, do visit Bombay Times ePaper

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END OF THE DAY STATUS OF THE STOCK MARKET:

Sensex went up by 0.5 % today.

SENSEX: 9,690.1 (+0.5%) NIFTY: 2,921.4 (-0.0%)

DOWN..54.3 % from 21,26.77 the 52-week high of SENSEX

UP...........13.1 % from 12,514.02 the 52-week low of SENSEX

Investment & Wealth Creation Advice:

We expect a rally of a couple of thousand points in December. However, we expect Sensex to go to 7000-8000 level in 2009.

Some of you may like to book profit or exit some stocks in December as the market is expected to fall substantially in 2009.

Do consult your investment advisor before making any decisions.

Click here to display NSE CNX NIFTY Chart

Disclaimer: Please make all your investments after taking expert advice. NRI.NewsIndia will not be responsible for losses, if any, incurred by you. Through NRI.NewsIndia, we are only making you aware of the investment opportunities in India at a broad level.

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