Wipro eyeing M&A deals in Europe: Premji

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Paris: India’s No. 3 software services exporter, Wipro, which has a cash chest of $500 million, is looking for acquisition opportunities, notably in Europe, its chairman and founder told French daily ‘Les Echos’.

Azim Premji said in the interview that he was eyeing “a few acquisition opportunities, notably in Europe in software or services companies with a revenue of at least $100 million”.

Wipro, which wanted to generate 40 percent of its revenue in Europe within three years, planned to beef up its positions in France and Germany, he said.

Source: Indian Express, Thanks

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Taliban plan to target India : Times of India

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NEW DELHI: After Pakistan agreed to enforce Islamic law in large areas of its restive North West Frontier Province (NWFP), including Swat Valley, in a concession to buy peace in the region, intelligence sources on Tuesday confirmed the threat that Taliban actually poses to India which is not far from the Indian boundary.

Sources have revealed that the Taliban have plans to attack western cultural centres in Indian cities. However, no specific intelligence inputs on the nature of the threat, the specific target, the timing or the group have been received. In the view of current security situation prevailing in Pakistan, security has been increased in foreign mission and other places of interest of western countries in India.

United States on Monday said Taliban operating out of Pakistan pose a “common” threat to India and America besides the host country as New Delhi highlighted the grave danger to the world posed by terrorism emanating from there.

On his first visit to New Delhi to consult India on the situation in the region, the envoy for Afghanistan and Pakistan, Richard Holbrooke, met External Affairs Minister Pranab Mukherjee, National Security Adviser M K Narayanan and Foreign Secretary Shivshankar Menon in New Delhi.

During the meetings, the Indian side is understood to have told Holbrooke that terrorism operating out of Pakistan is posing a threat, not only to the region, but to the entire world. New Delhi underlined the need for the US and rest of the international community to realise this and take more steps to eradicate the threat, they said.

After the talks, Holbrooke told reporters that Taliban operating out of Pakistan is a “common” threat to India and the US, besides the host country. “For the first time in 60 years, your country, Pakistan and the US all face an enemy that poses direct threats to our leaderships, our capitals and our people,” said Holbrooke who was here to “listen” to India’s assessment of the situation in Pakistan and Afghanistan.

The Taliban movement is headed by Mullah Mohammed Omar. Mullah Omar’s original commanders were “a mixture of former small-unit military commanders and Madrassa teachers,” and the rank and file made up mostly of Afghan refugees who had studied at Islamic religious schools in Pakistan. It operates in Afghanistan and the Frontier Tribal Areas of Pakistan.

Source: Times of India, Thanks

Sonia Gandhi aims for a Christian India !

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I am a westerner and a born Christian. I was mainly brought up in catholic schools, my uncle, Father Guy Gautier, a gem of a man, was the parish head of the beautiful Saint Jean de Montmartre church in Paris ; my father, Jacques Gautier, a famous artist in France, and a truly good person if there ever was one, was a fervent catholic all his life, went to church nearly every day and lived by his Christian values. There are certain concepts in Christianity I am proud of : charity for others, the equality of system in many western countries, Christ’s message of love and compassion….

Yet, I am a little uneasy when I see how much Christianity is taking over India under the reign of Sonia Gandhi : according to a 2001 census, there are about 2.34 million Christians in India ; not even 2,5% of the nation, a negligible amount. Yet there are today five Christian chief ministers in Nagaland, Mizoram, Meghalaya, Kerala and Andhra Pradesh.
One should add that the majority of politicians in Sonia Gandhi’s closed circle are either Christians or Muslims. She seems to have no confidence in Hindus.Ambika Soni, a Christian, is General Secretary of the Congress and a very powerful person, with close access to Sonia Gandhi. Oscar Fernandes is Union Programme Implementation Minister. Margaret Alwa is the eminence grise of Maharasthra. Karnataka is virtually controlled by AK Anthony, whose secretaries are all from the Southern Christian association. Valson Thampu, a Hindu hater, is Chairman NCERT curriculum Review Committee, John Dayal, another known Hindu baiter, has been named by Sonia Gandhi in the National Integration Council ; and Kancha Ilaya, who hates Hindus, is being allowed by the Indian Government to lobby with the UN and US Congress so that caste discrimination in India is taken-up by these bodies.

I have nothing personnally against Sonia Gandhi, in fact she probably is a good person to win the alliegance of so many and certainly a loving mother . I share with her a love for India, like her I have lived in this country for over 30 years and like her I have married an Indian. But nevertheless, since she is at the top, Christian conversions in India seem to have gone in overdrive. More than 4,000 foreign Christian missionaries are involved in conversion activities across different states. In Tripura, there were no Christians at independence, there are 120.000 today, a 90% increase since 1991. The figures are even more striking in Arunachal Pradesh, where there were only 1710 Christians in 1961, but 1,2 million today, as well as 780 churches! In Andhra Pradesh, churches are coming-up every day in far flung villages and there was even an attempt to set-up one near Tirupati. Many of the North-East separatist movements, such as the Mizo or the Bodos, are not only Christian dominated, but also sometimes function with the covert backing of the missionaries. In Kerala, particularly in the poor coastal districts, you find “miracle boxes” put in local churches: the gullible villager writes out a paper mentionning his wish: a fising boat, a loan for a pukka house, fees for the son’s schooling… And lo, a few weeks later, the miracle happens ! And of course the whole family converts, making others in the village follow suit. During the Tsunami, entire dalit villages in Tamil Nadu were converted to Christianity with the lure of money.

It is true that there have been a few backlashes against missionnaries and nuns, particularly the gruesome muder of Staines and his two sons. But Belgium historian Konenraad Elst laments that « When over a thousand Hindus are killed and a quarter million Hindus ethnically cleansed in Kashmir, the world media doesn’t even notice, but watch the worldwide hue and cry when a few local riots take place and a few missionaries are killed by unidentified tribal miscreants. Christian Naga terrorists have been killing non-Christians for decades on end, and this has never been an issue with the world media, except to bewail the “oppression” of the Nagas by “Hindu India” ». More than 20,000 people have lost their lives to insurgency in Assam and Manipur in the past two decades. As recently as last week, four paramilitary Assam Rifles soldiers were killed in an ambush yesterday by the outlawed United National Liberation Front (UNLF).

The other day I was at the Madras Medical center, the foremost heart hospital in Madras. Right when you enter the lobby, you find a chapel, inviting everybody to pray, there are pictures and quotations of Christ everywhere and a priest visits all the patients, without being invited at all. Educational institutes and orphanages run by Christian organisations have become big business in Karnataka, Andhra Pradesh and other states. In Pondichery, where I am often, schools run by Adventists force their pupils, mostly Hindus, to say Christian prayers every day and attend mass. They are constantly fed anti Hindu slogans and biases under different forms, whether it is in history books, or discourses by priests during religious classes. Even in the elite schools or colleges, such as Saint Stephen in Delhi, Saint Xavier in Calcutta or Loyola college in Madras, where no direct proletization is attempted, Hindu pupils are subtly encouraged towards skepticism of their own religion, and admiration of whatever is Western. One should also say that it’s a one way traffic : remember the furor when MM Joshi wanted the Saraswati hymn to be sung at a Chief Ministers’ meet on education ? And imagine the uproar in secular India if portions of the Bhagavad Gita, this Bible for all humanity, were read at the beginning of the day in public schools ?

Sonia Gandhi said during the last National Integration Council meeting : « We are committed to ideological battle against communal forces which seek to destroy our diversity and polarise us. Certain parties promote polarisation and confrontation. And there are certain regimes in India which promote communalism ». But is not actually the Congress under Mrs Gandhi, which is promoting communalism, by insidiously installing Christians and Muslims (and Marxists) everywhere, propping up Christian states, allowing a free hand too missionnaries and pressing for reservations for Christian Dalits and Muslims, as recently done in AP, in a nation of 850 million Hindus ?

In my country, France, a Christian majority nation , it would be unthinkable to have Hindus – or even Indian born French for that matter – in so many positions of power. Impossible also to find a non-elected, non French, non-Christian person being the absolute ruler of the country behind the scene as Sonia Gandhi is in India. Indians like to say that the greatness of India is that it accepts a foreigner and a Christian like Sonia Gandhi. But is’nt it rather a weakness, and an aberration ? Can’t we find a worthy leader amongst one billion Indians ? This is an India where you see today Swami Avimukteshwarananda Saraswati of Dwarka Peeth, made to disembark from an Indian Airlines flight for carrying his holy dand, a thin bamboo stick which is a symbol of their spiritual designation, inside the aircraft cabin.

Are we heading then towards a Christian India under Sonia Gandhi’s helm? It would be a tremendous loss not only to India, but also to the world. For in India, you find the only living spirituality left on this planet.

— François Gautier

Source: http://www.francoisgautier.com/Written%20Material/Christian%20India.doc
Thanks

BJP campaign to extol Modi’s development agenda

modiImpressed by Gujarat Chief Minister Narendra Modi’s achievements, the Opposition Bharatiya Janata Party (BJP) is likely to use him as a poster boy in its campaign for “good governance, development and security” during the coming Lok Sabha elections.

Modi’s record has so impressed L K Advani, the prime ministerial candidate of the BJP-led National Democratic Alliance, that, of late, he misses no chance to praise him, be it at the election rallies or public functions.

Advani, writing in his blog recently, showered praises on Modi for getting Rs 12 lakh crore investment into the state in times of economic slowdown at the January 13 investors’ summit in Ahmedabad. “What accounts for Narendrabhai’s success? The answer is simple: he exemplifies the BJP’s commitment to good governance, development and security,’’ he said in the blog.

Speaking before the country’s top business leaders at a recent Ficci summit here, Advani made it clear that he wished to “develop all the states and entire India on the lines of Gujarat”.

A day before that, at a meeting of BJP workers and supporters, Advani linked his ambition of making every Indian computer-literate to Modi’s scheme. Gujarat’s 13,000 villages have been provided with broadband internet facility, while the remaining 5,000 villages would also get it soon.

Party sources said that Advani, while praising Modi at several inhouse meetings, had said that Modi’s achievement should not only be seen in terms of meeting development targets and launching of innovative schemes aimed at improving the living standards of people but also in being able to sustain his political stability by managing to win a landslide victory in the Assembly elections last year.

According to a senior party leader, Advani and BJP President Rajnath Singh had briefed them recently about the Modi phenomenon. “Modi’s way of governance is what the BJP should aim at in the rest of the country, we were told,’’ he said.

Meanwhile, echoing Modi’s line on Mumbai attacks, Advani today said in Parliament that they could not have taken place without local support.

Source: Business Standard. Thanks

Sri Lanka – 134 Tamils brutally murdered

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Sri Lanka air raids and artillery attacks were towards “peoples defense zone” in the Mullaitheevu district, areas of Mullivaaikkal, Ambalavanpokkanai, Puthukudiyiruppu, Puthumathalan and Kombavil which lead 134 tamils brutally murdered and 208 persons injured.

During the night on Saturday at about 10.15 p.m , due to the cluster bomb attack by the Sri Lanka forces towards the Kombawil area, 13 Tamils were brutally murdered . The Two families named Mahendran and Pathmanathan, were killed with all their members.

An artillery attack took place at Mullivaaikkal area on Saturday night by the Sri Lanka forces which lead four Tamils being brutally killed, but their bodies are not still identified.

Sri Lanka forces after declaring “Security zone” had attacked Puthumaathalavan where people were sheltered in multitude, continuous attacks were initiated in the said area, in the intention of murdering the innocent civilians.

On Saturday another incident at Puthumathalan area, while people were moving , the Sri Lankan forces were on target attacks towards them with artillery and double barrel missiles. On this attack 12 boys including 78 Tamils were killed and 132 persons were injured.

Attack towards “Peoples Security zone” at Puthumathalan was on Sunday by the Sri Lanka forces by artillery missiles, double barrels which lead 6 Tamil persons brutally murdered and 17 persons injured. In the same area in the afternoon at 3.00 p.m, Sri Lanka forces were in similar attacks towards the same vicinity, which destroyed 12 Tamils and 38 persons injured.
0ther than this, two males and a female body were not identified.

On Sunday the Mullivaaikaal “Peoples Security zone” which was a living place for people was attacked at 1.00 p.m by the Sri Lanka air raids which lead 2 Tamils brutally murdered.

The same day, the security zone at Ambalavanpokkanai was attacked at 7.35 p.m during the night by the Sri Lanka forces, with artillery missiles which lead one boy dead and five Tamils being injured.

People were targeted in the Puthukudiyiruppu area on Saturday at 10.00 p.m in the night by the Sri Lanka forces, on a cluster bomb attack which killed 14 persons of three families, which include 5 boys and 4 females.

Three families from Poonagari who had been displaced several times and ultimately was living at Puthukudiyiruppu in a temporary hut were brutally murdered due to the cluster bomb attack by the Sri Lanka forces. On the spot members of the three families were killed. Bodies were buried by the Tamil Welfare society which they had temporarily excavated for open sanitary conditions was stated.

Source: http://www.sibernews.com. Thanks

Obama signs $787 billion economic stimulus into Law

NEW YORK (CNNMoney.com) — President Obama on Tuesday signed the $787 billion American Recovery and Reinvestment Act into law.

But he’s far from being able to declare “mission accomplished.”

“Today does not mark the end of our economic troubles,” Obama said before signing the bill at the Denver Museum of Nature and Science. “But it does mark the beginning of the end – the beginning of what we need to do to create jobs for Americans scrambling in the wake of layoffs; to provide relief for families worried they won’t be able to pay next month’s bills; and to set our economy on a firmer foundation.”

Indeed, even though debate over the legislation was fraught with partisan fighting and what some characterize as strategic missteps by the nascent administration, getting the law passed was the easy part.

Far more difficult will be gauging whether the legislation’s trademark initiatives – which include improving physical infrastructure, investing in energy projects and providing financial relief for families by way of tax cuts and increased government benefits — are really doing the trick.

The first step is to stem the recession in the near term. In the longer term it will be to put the economy on a path to sustained growth and greater efficiencies in energy production, health care and other areas.

Source: CNN Money. Thanks

Highlights of Interim Budget 2009 – 2010

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NEW DELHI: Following are the highlights of the interim budget presented by Minister for External Affairs Pranab Mukherjee in the Lok Sabha Monday:

* India remains second-fastest growing economy in the world
* Economy expected to grow 7.1 percent this fiscal
* Need to make economic growth inclusive
* Government spent Rs.70,000 (Rs.700 billion) crore on 37 infrastructure projects in 2008-09
* Under public-private partnership (PPP), 54 central infrastructure projects approved
* Total expenditure of PPP projects estimated at Rs.67,700 crore (Rs.677 billion)
* India Infrastructure Finance Company to raise Rs.10,000 crore (Rs.100 billion) by end-March
* India has weathered inflation crisis, but no room for complacency
* Country’s agriculture outlook is encouraging
* Focussed attention to agriculture
* Plan allocation for farm sector hiked 300 percent in past five years
* Three-fold increase in short-term agriculture credit to Rs.250,000 crore (Rs.2,500 billion)
* Farm debt worth Rs.65,300 crore (Rs.653 billion) waived
* Government will continue to provide additional subsidy to farmers
* Corpus of Rural Infrastructure Development Fund hiked to Rs.14,000 crore (Rs.140 billion) from Rs.5,500 crore (Rs.55 billion)
* Outlay for higher education hiked 900 percent for 11th Five Year Plan
* Country’s social security net will be strengthened
* Record foreign direct investment of $32.4 billion attracted
* Global economic situation not encouraging
* Extraordinary situation merits extraordinary measures
* Need to consider additional fiscal measures in regular budget
* Financial sector reforms need to be accelerated
* In past three years, India grew by average of over 9 percent
* Per capita income expanded by 4.7 percent per annum
* Fiscal deficit was brought down from 4.5 percent to 2.7 percent
* Revenue deficit was cut from 3.6 percent to 1.1 percent
* Exports increased 26.4 percent per annum
* Foreign trade increased from 27.3 percent to 35.5 percent
* Tax to gross domestic product ratio expanded by 9.2 to 12.5 percent
* Agriculture grew by 3.7 percent per annum

Source: Economic Times. Thanks

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