Category Archives: Social News

Chetan Bhagat’s Latest Novel Revolution 2020 is up for pre-order in Flipkart

Good news to all Chetan Bhagat fans. Chetan Bhagat’s latest novel Revolution 2020 is ready to hit the shelves. His new novel is titled Revolution 2020.

Tag line of Revolution 2020 is as follows: Once upon a time, in small-town India, there lived two intelligent boys.
One wanted to use his intelligence to make money.
One wanted to use his intelligence to create a revolution.
The problem was, they both loved the same girl.

The story of Revolution 2020 is  about childhood friends Gopal, Raghav and Aarti who struggle to find success and love in Varanasi. However, it isn’t easy to achieve this in an unfair society that rewards the corrupt. As Gopal gives in to the system, and Raghav fights it, who will win?

 

 

 

Galleon’s Rajaratnam Found Guilty On Insider Trading Charges

Raj Rajaratnam, the billionaire investor who once ran one of the world’s largest hedge funds, was found guilty on Wednesday of fraud and conspiracy by a federal jury in Manhattan. He is the most prominent figure convicted in the government’s crackdown on insider trading on Wall Street.

Raj Rajaratnam is a Sri Lankan-born American who founded the Galleon Group, a New York-based hedge fund management firm. Galleon Group was one of the largest hedge fund management firms in the world before announcing its closure in October 2009. On October 16, 2009 he was arrested by the FBI on allegations of insider trading, which also caused the Galleon Group to close

Kerala IPL : Kochi Tuskers Kerala – Promotional Video

Kerala IPL team named Kochi Tuskers Kerala launched officially.

IPL Team Kochi Players Squad List

  • Michael Klinger – 75000 USD (Rs 34.5 lakh)
  • John Hastings – 20000 USD
  • Mahela Jayawardhane – 1.5 Million USD (6.80 Crore INR)
  • Muttiah Muralitharan – 1.1 Million USD (5.06 Crore INR)
  • Ravindra Jadeja – 0.95 Million USD (4.30 Crore INR)
  • Sreesanth – 0.9 Million USD (4.08 Crore INR)
  • RP Singh – 0.5 Million USD (2.26 Crore INR)
  • Brendon McCullum – 0.475 Million USD (2.15 Crore INR)
  • R Vinakumar – 0.475 Million USD
  • Brad Hodge – 0.425 Million USD (1.92 Crore INR)
  • VVS Laxman – 0.4 Million USD (1.81 Crore INR)
  • Parthiv Patel – 0.29 Million USD (1.31 Crore INR)
  • Steven Smith – 0.2 Million USD (90 Lacs INR)
  • Owais Shah – 0.2 Million USD
  • Ramesh Powar – 0.18 Million USD (86 Lacs INR)
  • Thisara Perera – 0.08 Million USD
  • Steven O’Keefe – 0.02 Million USD
  • Deepak Chougule – Uncapped ( Rs 30 lakh )
  • Raiphy Vincent Gomez – Uncapped ( Rs 30 lakh )
  • Tanmay Srivastava – Uncapped ( Rs 30 lakh )
  • Sushant Marathe – Uncapped ( Rs 30 lakh )
  • Kedar Jadhav – Uncapped ( Rs 30 lakh )
  • Balachandra Akhil – Uncapped (Rs 30 lakh )

BarCamp Kerala 9th Edition at Amrita Campus on 14th November

BarCamp Kerala is an ad-hoc gathering rooted in the desire to share and learn in an open & friendly environment. It is an intense yet cool, event with discussions, demos, and strong interactions. The 9th edition of BarCamp Kerala (BCK9), will be held at Amrita Vishwa Vidyapeetham, Amritapuri Campus at Karunagapally on 14th November 2010. Register for BarCamp Kerala 9.

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Cabinet Approves New Symbol For Indian Rupee

India has finally got a symbol for the Rupee and joined a select club of countries whose currencies have an unique identity.
The Union Cabinet on Thursday approved the design, which includes both the Devnagiri ‘Ra’ and the Roman capital ‘R’ and has two parallel lines running at the top. The parallel lines symbolise the equal to sign.

“With this India will join an elite group of countries which have a distinct currency symbol. It denotes the robustness of Indian economy. I will now hold up the design that was finally selected. This was sent in by Udaya Kumar,” said Minister for Information and Broadcasting Ambika Soni in New Delhi.

Udaya Kumar, an IIT alumni is the designer of this symbol and his name is going into the footnotes of Indian History. He has also won the prize money of Rs.2.5 lakh as his design has been chosen to represent the currency of one of the ‘developing’ countries in the world.

Lalit Modi Ready to Step Down from IPL Commissioner Position

Lali Modi Ready to Resign

Reports from CNBC came that Chairman and Commissioner of the Indian Premier League Lalit Modi has agreed to step down from his post in the IPL.Lalit Modi has not only agreed to step down but has also decided to attend the governing council meeting scheduled to be held on Monday, Apr 26.

Former BCCI president Sharad Pawar had asked Modi to send his resignation.

Exclusive : External Affairs Minister Shashi Tharoor Resigns

After all the buzz Indian External Affairs Minister Shashi Tharoor Resigns. Congress has held a core committee meeting yesterday evening.

Prime Minister Manmohan Singh has recommended to the President that she accept Shashi Tharoor’s resignation from the Union Cabinet. This is the first major scandal to hit the Manmohan Singh Sonia Gandhi lead UPA Government. Opposition leaders had spent the past week hammering him with accusations that he had exploited his post for personal gain.

The allegations involve Mr. Tharoor’s role in helping organize a consortium from his home state of Kerala that made a successful $333 million bid for a new franchise in theIndian Premier League. The league’s commissioner, Lalit Modi, disclosed that one person in the investment group was Sunanda Pushkar, a woman described as a friend of Mr. Tharoor’s and who had been given an equity stake reportedly worth more than $15 million.

Indian news media have reported that Mr. Tharoor, who is married, has been romantically involved with Ms. Pushkar, though it has not been publicly confirmed. Mr. Tharoor could not be reached for comment on Sunday.

Shashi Tharoor Issue Regarding Kerala IPL Team

Everyone was much excited about the Kerala IPL Team we got on 21st of March, but during last week the hot news in media were the Shashi Tharoor’s involvement in the Kerala IPL Team.

The Shashi Tharoor-Lalit Modi row over ownership of Kochi IPL team escalated assuming political proportions with the BJP demanding sacking of Minister of State for External Affairs for alleged corruption and Congress calling it “absurd”.

The Left parties joined the campaign against Tharoor and the Communist Party of India-Marxist (CPI-M) demanded he must step down till his name ‘is cleared of any unethical or irregular behaviour.’

Union Minister of State for External Affairs Shashi Tharoor is in a fresh controversy around the Kochi IPL team he “helped” set up that has pitted him and its owners against IPL Commissioner Lalit Modi.

Modi has not only publicly disclosed the names of some of the owners of the consortium that bought the franchisee for $333 million but has also alleged that he was told by Tharoor not to ask who these shareholders were.

This startling claim assumes significance since at the heart of the controversy is the reported 19% stake owned by Sunanda Pushkar in the 25% free equity owned by Rendezvous Sports World Pvt Ltd, the company that led the consortium that finally won the team. The value of Pushkar’s stake is $15.82 million (about Rs 70 crore).

Pushkar is known to be close to Tharoor who, in fact, has been seen introducing her in social circles as his “fiancée.” Currently married — and in the process of separation — Tharoor had earlier said he only offered encouragement, blessings and expert advice to the Kochi bidders.

Embattled Shashi Tharoor, India’s minister of state for external affairs, said he would not oblige his critics by resigning as he had done no wrong in the billowing controversy over the Kochi IPL franchise.

‘If I had done anything wrong, I would have resigned. To resign because people have chosen to deliberately misrepresent you or misperceive you means that you are giving more importance to other people’s perception than to your own character and your own integrity. I am not going to resign,’ Tharoor.

Slamming Modi, Tharoor said: ‘The unethical efforts that have been made by Modi and others to thwart the Kerala franchise which had been won fair and square in a transparent bidding process are disgraceful.

‘I deny Lalit Modi’s allegation that I called him during his meeting with investors in the Kochi consortium in Bangalore Saturday night in order to press him not to question the composition of the consortium,’ the minister said in a statement.

Kerala IPL Team Discussion Board

As we all know Kerala got an IPL team for the next DLF IPL. Here is a discussion board to express your thoughts and ideas about the Kerala IPL team. (This discussion board is using Google Wave. You need to login to your Google account to use this. If you are signed in to your Google account and still note able to use this, then you might not have the Google Wave account. Click here to know more about Google Wave and get a Google Wave invitation.)

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If you have any issues with this discussion board please feel free to comment about the issue.