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Mahindra to launch new global scooter called Gusto

Mahindra Two Wheelers Limited, a part of the $16.5 billion Mahindra Group, today announced that its new global scooter will be called Gusto.
 
“We are set to introduce our new global scooter, the GUSTO, created at our state-of-the-art R&D facility in Pune," Mr Rajesh Jejurikar, Chief Executive – Farm Equipment & Two Wheeler Division & Member of the Group Executive Board, said.
 
Mr Jejurikar said that, after rigorous testing and validation, the company was ready to launch the Gusto in the northern and western markets of India and Nepal on September 29
 
The scooter will be launched in the southern and eastern markets of the country as well as South Asia, Central America and Africa, in a few months," he said.
 
"Gusto comes with an all aluminium M-Tec engine with advanced features such as a stronger crankshaft and bearings, high inertia magneto, high energy HT coil and series regulator to deliver superior power, efficiency and reliability," he said.
 
"The Gusto’s distinctive, contemporary styling has its origins in Italy and it has been conceptualized based on extensive research and in-depth consumer insights," he added.
 
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Renowned cricket statistician Anandji Dossa passes away at 98

Anandji Dossa
Anandji Dossa
Well-known cricket statistician and historian Anandji Dossa passed away on Monday at the age of 98 in New York, reports reaching here said.
 
Dossa and his wife had shifted to New York last year to stay with their daughters.
 
Born on Septemer 15, 1916, Dossa played for his school and college in inter-school and inter-collegiate cricket tournaments and was a reserve for Bomay in the Ranji Trophy and for the Hindus in the Pentangular in the 1940s..
 
However, it was as a scorer and statistician that he made a name for himself. He was associated with public broadcaster All India Radio as cricket statistician from 1956-57 to 1972-73.
 
He was the cairman of the Board of Control for Cricket in India's (BCCI) statisticial committee in the mid-1970s. He served as the first president of the Association of Cricket Statisticians and Scorers of India (ACSSI) in the 1980s.
 
The association has named its annual award for the best scorer after him. The CCI library at the Brabourne Stadium here is also named after him after he donated most of his books to it.
 
Dossa has also authored and edited many books and groomed many young scorers.
 
"An era has ended with the demise of Mr. Anandji Dossa. He was one of the game's unsung heroes. His contribution to the sport was extraordinary. He was among those who made cricket and cricketers immortal, by collating and preserving the accounts of their achievements for posterity," BCCI Secretary Sanjay Patel said.
 
"On behalf of the BCCI, I would like to condole his death, and pray that his soul rests in peace," he added.
 
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Manoj Tiwary to lead India 'A' in practice games against West Indies

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Manoj Tiwary will lead the India 'A' team in the two practice one-day games against the West indies, which will precede the one-day international (ODI) series.
 
The following is the team announced by the Board of Control for Cricket in India (BCCI) here yesterday: Manoj Tiwary (Captain),Unmukt Chand, Murali Vijay, Karun Nair, Kedar Jadhav, Sanju Samson, Stuart Binny, Parvez Rasool, Amit Mishra, Jasprit Bumrah, Dhawal Kulkarni, Rahul Shukla, Karn Sharma, Gurkeerat Singh Maan.
 
The first game will be played at the Brabourne Stadium, Mumbai, on 3 October, and the second will be played at the Wankhede Stadium, Mumbai, on 5 October, a press release from the BCCI added.
 
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Reliance Jio, Indus Towers ink infrastructure sharing deal

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Reliance Jio Infocomm Limited (RJIL), a subsidiary of the Mukesh Ambani-led Reliance Industries Limited (RIL), telecom tower infrastructure provider Indus Towers today said they had signed an agreement for tower infrastructure sharing.
 
Under the agreement, Reliance Jio would utilize the telecom tower infrastructure services being provided by Indus Towers to launch its services across the country, a press release from Reliance said. The pricing will be based on prevailing market rates.
 
The release said the agreement would help in avoiding duplication of infrastructure and preserving the environment. It will also ensure seamless services to Reliance Jio customers through Indus’ world class tower infrastructure, it said.
 
“We are continuing our effort to create a new age network which will provide innovative and empowering digital solutions to every Indian through our high speed 4G services. We are building our network through a combination of infrastructure network that we are creating on our own and those that we are renting from quality partners. We already have such tower sharing agreements with all the major players in India, and this relationship with Indus Towers will further accelerate the rollout of our services," Sanjay Mashruwala, Managing Director, Reliance Jio said.
 
Mr. B.S. Shantharaju, CEO, Indus Towers said, “We are delighted to partner Reliance Jio in their endeavor to roll-out next generation wireless broadband services. Our footprint in 15 circles in India coupled with high network uptime levels, cost effective solutions, faster access to market and lower operational costs will provide Reliance Jio a robust and seamless telecom infrastructure. Additionally, our agreement with Reliance Jio will also bring benefits to our existing customers in the form of lower rentals and energy costs. At the same time, the infrastructure sharing will help in avoiding duplication of towers and benefit the environment through lower power and fuel consumption. On this new partnership, we look forward to a long and mutually beneficial relationship with Reliance Jio.”
 
Currently Indus Towers services 11 operators such as Airtel, Vodafone, Idea, Aircel, Tata Teleservices, Uninor, Reliance Communications, Videocon, MTNL, BSNL and MTS.
 
RJIL is the first telecom operator to hold a pan India unified license, which authorises it to provide all telecommunication services except Global Mobile Personal Communication by Satellite Service.
 
RJIL holds spectrum in1800 MHz (across 14 circles) and 2300 MHz (across 22 circles) capable of offering fourth generation (4G) wireless services. It plans to provide seamless 4G services using FDD-LTE on 1800 MHz and TDD-LTE on 2300 MHz through an integrated ecosystem.
 
The company has, in recent months, signed similar agreements with other telecom infrastructure companies like Ascend Telecom, Tower Vision, ATC India and Viom Networks.
 
It also has an agreement with Bharti Airtel to share infrastructure and another with Reliance Communications Limited (RCom) for sharing of RCom’s extensive inter-city and intra-city optic fiber infrastructure.
 
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L&T Construction wins orders valued at Rs 1577 crore

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Infrastructure major Larsen & Toubro (L&T) today said its construction arm had won new orders worth Rs 1577 crore across various business segments in September this year.
 
A press release from the company said its Buildings & Factories business had bagged a major residential order worth Rs 1231 crore from a prestigious private developer for the construction of two residential towers (208 mtrs and 232 mtrs) in Mumbai. 
 
The towers comprise three basements, a ground and a podium each with 53 and 60 floors respectively. L&T’s scope includes civil, structural, finishing and MEP works.
 
In the Power Transmission & Distribution Business, the company has won orders worth Rs 346 crore.
 
A major turnkey order has been received from the Tamil Nadu Transmission Corporation Limited (TANTRANSCO) for the supply, erection, testing and commissioning of a 400 kV D/C transmission line between Korattur-Thervaikandikai-Manali in Chennai. Another EPC order has been received from a private power venture to establish a 400kV double circuit transmission line in Rajasthan and Madhya Pradesh.
 
The business also bagged a contract from the Power Grid Corporation of India Limited for executing 400/220 kV GIS Substation at Pandiabil in Odisha and is also associated with the eastern region transmission system strengthening scheme. The contract is for onshore supply, installation, construction of civil buildings, testing and commissioning of substation equipment, the release added.
 
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Exim Bank extends $ 62.95 m LOC to Senegal for rice self-sufficiency programme

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Export-Import Bank of India (Exim Bank) has, at the behest of the Government of India, extended an additional Line of Credit (LOC) of $ 62.95 million to Senegal for its rice self-sufficiency programme.
 
An agreement in this regard was signed earlier this week by Mr. David Rasquinha, Deputy Managing Director on behalf of Exim Bank and Mr. Amadou Moustapha Diouf, Ambassador of Senegal in India.
 
With this, Exim Bank has, till date, extended 12 LOCs to Senegal, totalling $ 269.36 million. These have supported export of items like agricultural machinery and equipment, buses and vans, medical equipments, and equipment for rural electrification, meat processing, fisheries, IT training and irrigation projects.
 
A press release from Exim Bank said that, under the LOC, it would reimburse 100% of contract value to the Indian exporters, upfront upon shipment of goods. The LOC will be used for sourcing of goods and services from India. 
 
Exim Bank has now in place 196 LOCs, covering over 75 countries in Africa, Asia, Latin America, Europe and the CIS, with credit commitments of over $ 10.77 billion, available for financing exports from India. 
 
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Grover Zampa Vineyards launches Vijay Amritraj Reserve Collection of wines

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Wines producer Grover Zampa Vineyards has launched the Vijay Amritraj Reserve Collection of white and red wines branded after one of the world's most legendary tennis players.
 
The launch was announced by Sumedh Mandla, CEO Grover Zampa Vineyards and Amritraj at an exclusive wine evening at The Leela Mumbai here on Thursday.
 
Mandla introduced the collection, saying it was inspired by Amritraj's feats and style of play.
 
"The Grover Vijay Amritraj Reserve Collection exemplifies what the finest in India has to offer the world. As inspiring as the man himself, the wine is imitable in its diversity yet smooth to the palate. It is as gracefully well rounded to deliver a rich experience of Indian terroir. To create this special collection Grover Zampa Vineyards and Mr. Vijay Amritraj collaborated on this project for over two years to produce top quality white an red wines reflective of Indian terrier," he said.
 
The collection includes Vijay Amritraj Reserve Red and White Wines. The red reserve is a blend of Cabernet Sauvignon, Shiraz and Viognier. The White reserve is a barrel Fermented and barrique aged Viognier. The Vijay Amritraj Collection wines will be distributed in India and key international markets like the United Kingdom, the United States and Europe.
 
“Our brand is dedicated to express passion, elegance and success associated with the legend of Mr. Vijay Amritraj. We are very excited to launch these premium wines in India and in international markets. This brand will provide Indian wines an enviable international platform that can only lift its reputation across the world," he said.
 
Amritraj is among India’s best-known tennis players, reaching no. 16 on the world rankings in 1980 and beating many of the world’s leading players during his 20-year career, including John McEnroe and Jimmy Connors. 
 
He also enjoyed a brief acting career, starring as M16 agent Vijay in the 1983 James Bond film Octopussy and appearing as a starship captain in Star Trek IV: The Voyage Home. More recently Amritraj was a UN Messenger of Peace from 2001 until 2006 before setting up the Vijay Amritraj Foundation, supporting innocent victims of disease, tragedy and circumstance in India.
 
“It gives me great pleasure to associate with Grover Zampa Vineyards on this special collection. Their wines made with absolute perfection bring together the element of passion and sophistication," Amritraj said.
 
Grover Zampa Vineyards owns vineyards in both the Nandi Hills in Karnataka and in the Nashik Valley in Maharashtra.
 
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Indian Super League to be telecast live on 8 TV channels in 5 languages

 
Atletico de Kolkata will take on Mumbai City FC in the opening game of the Hero Indian Super League’s first season at the Salt Lake Stadium in Kolkata on October 12.
 
The Hero Indian Super League, scheduled to kick off on October 12, wil be televised live on eight channels across five languages in the sports and general entertainment categories.
 
A press release from the organisers said the football league would be the first sporting event in the country to be backed by a "never seen before ubiquitous broadcast platform plan, with a potential to reach around 85 per cent of India’s television audience".
 
"This ambitious plan is expected to herald an unparalled reach for any content, in the history of Indian television," it said.
 
"In a pursuit to enthrall football purists as well as generate mass fan-following for Indian football, Hero Indian Super League will be telecast live on a range of Star India’s sports, movie and regional channels - a first in the history of broadcast in India," it said.
 
The channels are Star Sports 2 (English), Star Sports 3 (Hindi), Star Sports HD 2 (English), Star Gold (Hindi), Star Utsav (Hindi), Asianet Movies (Malayalam), Jalsha Movies (Bengali) and Suvarna Plus (Kannada). There will also be live streaming on www.starsports.com.
 
“We believe in the potential of football as a sport that cuts across culture, race, religion and economic might. The Hero Indian Super League heralds the birth of India as a footballing nation and as the leading sports broadcasting network in India, we plan to take the viewer experience to the next level. In order to take the game of football closer to its fans, we are providing a never-seen before plan, leveraging the strength of sports, entertainment, regional and multi-screen. The magnitude of what we are setting out to do has never been attempted.” said Mr. Sanjay Gupta, COO, Star India.
 
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The league will feature eight clubs and will 56 league matches followed by two-stage home and away knock-out leg and final on December 20.
 
The league is co-promoted by IMG-Reliance (the joint venture between IMG and Reliance Industries), Star India and supported by All India Football Federation (AIFF). 
 
India’s leading industrialists and celebrities from sports as well as the film industry have invested in owning the eight clubs -- Club Chennai, Delhi Dynamos, FC Goa, NorthEast United FC, Kerala Blasters FC, Atletico de Kolkata, Mumbai City FC and FC Pune City. 
 
The league has a technical tie-up with English Premier League and has committed to investing in stadium refurbishment in the eight identified venues and also to a strong grassroots development programme that will create a platform to groom football talent in the country. 
 
For the first time in Indian football, globally renowned footballers will be playing alongside the best Indian footballers. 
 
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Ram Naik invokes spirit of Vivekananda as students take pledge for nation-building

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Led by Uttar Pradesh Governor Ram Naik, hundreds of students took a pledge here on Thursday to contribute to nation-building by imbibing the spirit of Swami Vivekananda and following his values.
 
“Swami Vivekananda showed to the world the greatness and essence of Indian culture," Mr Naik said after unveiling a statue of the saint-philosopher at the Vivekanand Education Society (VES) campus at Chembur in the city.
 
Hundreds of students also formed a human chain while primary school students put up an exhibition and junior college students made a hand-written copy of the inspirational book "From Narendra to Vivekananda" to draw inspiration from his life and works.
 
These iactivities were held as part of campaign called `Yuva for Seva’ that was recently launched to engage students in welfare activities.
 
“Sacrifice and knowledge made Vivekananda a great saint. He contributed to nation-building by taking the greatness of Indian culture to the western world," Mr Naik said.
 
He urged them to "make use of every moment" to achieve knowledge and work hard by focusing on studies which is their primary responsibility, while at the same time engaging in activities for developing good personalities.
 
“There are four things that you can do. First, smile to make your personality attractive. Start appreciating the things and don’t belittle others. The fourth thing to remember is that there is always a better way of doing things,” he said.
 
He also recalled his long association with late Hanshu Advani, the founder of VES and the current president Ram Keswani, and said the two influenced and guided him a lot to reach the position where he is now.
 
Under Yuva for Seva, students will participate in activities like skin donation, blood donation, outreach programmes, adoption of the villages, visiting of orphanages, legal aid services, health camps, and awareness creation. 
 
The campaign was launched by Union Minister for Human Resource Development Smriti Irani.
 
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Jet Airways introduces fifth daily flight between Mumbai and Dubai from Oct 14

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Private sector carrier Jet Airways today said it would introduce a fifth daily service between Mumbai and Dubai from October 14.
 
"The introduction of this new flight between Mumbai and Dubai further strengthens the presence of Jet Airways in the Indo-Gulf sector, making it one of the region's leading carriers," a press release from the airline said.
 
The airline will deploy its next-generation Boeing 737-800 aircraft, offering twin class configuration of Premiere and Economy class, it said.
 
From October 14 until October 25, flight 9W 580 will depart Mumbai at 0200hrs (local time) and arrive Dubai at 0340 hrs (LT). On the return leg, 9W 579 will depart Dubai at 0455 hrs (LT) and arrive in Mumbai at 0930 hrs.
 
From Otober 26, flight 9W 580 will depart Mumbai at 0140 hrs and arrive in Dubai at 0335 hrs. On the return leg, 9W 579 will depart Dubai at 0500 hrs and arrive in Mumbai at 0930 hrs.
 
Mr. Gaurang Shetty, Senior Vice President, Commercial, Jet Airways, said, "We are happy to introduce a fifth service on the popular Mumbai-Dubai route, which has seen a steady growth in traffic be it tourists or business travellers. This flight would provide easy connectivity for guests, especially from western India, flying to and from the United Arab Emirates. This new service too is expected to be equally popular with travellers. Jet Airways has already established itself as a prestigious brand in the intensely competitive Indo-Gulf sector in a relatively short span of time, on accord of its globally acclaimed service excellence.”
 
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Reliance Jio, GTL Infra sign tower infrastructure sharing deal

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Reliance Jio Infocomm Limited (RJIL), a subsidiary of the Mukesh Ambani-led Reliance Industries Limited (RIL), and GTL Infrastructure Limited, which is engaged in the business of shared passive telecom infrastructure in India, today announced the signing of a Master Services Agreement (MSA) for tower infrastructure sharing.
 
RJIL is the only pan India operator with broadband wireless access (BWA) spectrum and is preparing to launch 4G services in the country. GTL Infra is a part of the Global group.
 
A press release from RJIL said GTL Infra, together with Chennai Network Infrastructure Limited (CNIL), had a combined tower portfolio of more than 27,800 towers spread across 22 telecom circles in India, and serving all the major telecom operators. The company has a pan India tower portfolio that is balanced across key growth regions of Metros and B & C class circles.
 
Mr Sanjay Mashruwala, Managing Director, Reliance Jio Infocomm Limited said, “Our mission is to launch a pan-India next-generation voice and data services. We will build the same through a judicious combination of own build and rented infrastructure. This agreement with GTL Infra is not only a step in that direction but will also help us accelerate our roll out.”
 
Mr. Charudatta Naik, Group CEO, Global Group said, “We are happy to be partnering with a leading 4G player like Rjio. The launch of 4G networks and the rise in the consumption of data services is a growth driver for tower companies, and we at GTL Infra are geared up to capture the opportunity.  Our portfolio will play an important role in rolling out broadband networks especially in regions like North East, and South where we hold a leadership position," he added.
 
RJIL holds spectrum in1800 MHz (across 14 circles) and 2300 MHz (across 22 circles) capable of offering fourth generation (4G) wireless services. RJIL plans to provide seamless 4G services using FDD-LTE on 1800 MHz and TDD-LTE on 2300 MHz through an integrated ecosystem.
 
RJIL has in recent months signed similar agreements with other telecom infrastructure companies like Ascend Telecom, Tower Vision, ATC India and Viom Networks.
 
It also has an agreement with Bharti Airtel to share infrastructure and another with Reliance Communications Limited (RCom) for sharing of RCom’s extensive inter-city and intra-city optic fiber infrastructure.
 
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Eros International, Sajid Nadiadwala come together again for Housefull 3

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Film entertainment major Eros International Media Limited today announced its continued partnership with fillm producer Sajid Nadiadwala to release the third instalment of the comedy franchise Housefull.
 
"Following the unprecedented success of the first two in the series, Eros once again teams up with Nadiadwala Grandson Entertainment for the much awaited Housefull 3, directed by writer-turned-director duo Sajid-Farhad," a press release from the company said.
 
Jyoti Deshpande, Group CEO - Eros International Media Ltd said, “We share a special relationship with Sajid that goes back several decades and are excited to have Sajid back with us. What better film to start with than the third instalment of the hit franchise Housefull. It promises to be a star studded laugh riot shot lavishly in the UK, Sajid Nadiadwala style.”
 
Nadiadwala added, “I’m happy to team up with Eros once more for this very popular series. Housefull 3 will be bigger and funnier and we are confident together we will once again successfully present some wholesome entertainment to audiences worldwide”.
 
The film is slated for a 2015 release.
 
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L&T wins order for building Adam Airbase in Oman

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Infrastructure major Larsen & Toubro (L&T) today said the Buildings & Factories Business of its subsiiary L&T Oman LLC, had won a prestigious contract from the Ministry of Defense of Oman for the construction of the Adam Airbase in Al Dakhiliya Governorate.
 
The order was won against stiff international competition, a press release from the company said.
 
Mr. S.N. Subrahmanyan, Member of the Board and Senior EVP (Infrastructure and Construction), L&T, said, “We have been gradually establishing our credentials in the Middle East and, especially in Oman, as a construction organization of calibre with the successful execution of many prestigious projects including the Salalah International Airport. This order that we have won is a reaffirmation of our capability to deliver projects of magnitude and high criticality with superior quality within stipulated timelines.”
 
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SBI revises interest rates of retail term deposits

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State Bank of India (SBI), the country's largest lender, today said it had decided to cut deposit rates by 25 basis points to 8.75% in the 1-3 year category with effect from September 18, 2014.
 
A press release from SBI said this had been done in view of the abundant liquidity coupled with slower than anticipated credit pick up.
 
Simultaneously, the bank has also decided to increase the deposit rate by 25 basis point in the 180-210 days category from 7% to 7.25%.
 
"With the inflation also trending down at a faster clip, this rate adjustment will continue to ensure that the savers are compensated adequately with a positive real rate on their deposits," the release added.
 
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L&T Construction wins orders valued at Rs 2050 crore

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Infrastructure major Larsen & Toubro (L&T) today said its construction arm had won new orders worth Rs 2050 crores across various business segments in August and September this year.
 
A press release from the company said these included international and domestic orders worth Rs 1213 crore baged by its Power Transmission & Distribution Business.
 
It said Larsen & Toubro Saudi Arabia LLC, a fully owned subsidiary of L&T, had bagged a major international order from the National Grid, Saudi Arabia (a subsidiary of Saudi Electricity Company) for the construction of an Extra High Voltage Double Circuit Transmission Line with a route length of 192 km. 
 
This project will improve the power system reliability in Shedgum and Uthmaniyah areas in the eastern region of Saudi Arabia. Secured against stiff competition, L&T’s scope in this turnkey order involves design, engineering, testing and supply of EHV transmission towers, conductors, insulators, other transmission accessories, testing and commissioning of the line. The project is scheduled to be completed in 24 months.
 
On the domestic front, a turnkey order has been received from the Tamil Nadu Transmission Corporation limited (TANTRANSCO) for establishing 400/230kV AIS & GIS substations at Karamadai near Coimbatore, Poiyur near Tiruchirapalli and at Chennai Central.
 
The company said another order had been secured from the West Bengal State Electricity Distribution Company Limited. The project involves supply, erection, testing and commissioning of 33/11 kV medium voltage substations as part of the Power Distribution Network for enhancing electricity infrastructure under the RAPDRP scheme in major towns of the state.
 
The release said L&T's Buildings & Factories Business had bagged orders worth Rs 775 crores which consist of two new orders and a few additional orders from on-going jobs.
 
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The first order is from a private developer for the construction of a resort in the western part of the country. The project includes construction of standard resort villas. L&T’s scope involves civil, structural, interior finishes, electrical, plumbing and all other allied works.
 
The company has bagged another order from one of India’s leading ATM manufacturers for the construction of their manufacturing and assembly facilities at Jaipur. The project will involve civil, structural, finishes and other associated works.
 
Additional orders have also been received from various ongoing jobs in the Heavy Civil Infrastructure Business and Water & Renewable Energy Business, the releaseadded.
 
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Maharashtra, Haryana Assembly elections to be held in single phase on October 15

The Election Commission announced on Friday that elections will be held on October 15 to the state legislative assemblies of Maharashtra and Haryana -- the first states to go to the polls after the April-May Lok Sabha elections in which the Bharatiya Janata Party scored an overwhelming victory.

 
Maharashtra, Haryana to go to polls on 15 Oct: EC
The Election Commission announced today that elections will be held on October 15 to the state legislative assemblies of Maharashtra and Haryana -- the first states to go to the polls after the April-May Lok Sabha elections in which the Bharatiya Janata Party (BJP) scored an overwhelming victory.
 
Chief Election Commissioner V S Sampath told a press conference that the notification for the elections would be issued on September 20 and the last date for filing nominations would be September 27.
 
The scrutiny of nominations will be held on September 29 and the last date for withdrawal of candidatures is October 1.
 
Counting of votes in the single-phase poll will be held on October 19 and all the results are expected to be in by that evening.
 
Along with the Assembly elections in the two states, bye-elections will be held for the Beed Lok Sabha seat in Maharashtra, which fell vacant after the death of Union Rural Development Minister Gopinath Munde in a road accident in Delhi on June 3, and Kandhamal Lok Saba constituency in Odisha.
 
Bye-elections will also be held for five Assembly constituencies in as many states. They are: Kanubari (ST) in Arunachal Pradesh, Hiyanglam in Manipur, Northern Angami-II (ST) in Nagaland, Kairana in Uttar Pradesh and Rajkot West in Gujarat.
 
The BJP is making a strong bid to capture power in both Maharashtra, where the Congress-Nationalist Congress Party (NCP) alliance has been ruling for 15 years, and Haryana, where the Congress has been in power since March 2005. The results of the recent Lok Sabha elections have given it some hope of wresting power in both states.
 
The term of the present Maharashtra Assembly will end on November 8 and that of the Haryana Assembly on October 27.
 
Of the 288 seats in the Maharashtra Assembly, 29 are reserved for Scheduled Castes (SCs) and 25 for Scheduled Tribes (STs). Of the 90 seats in the Haryana Assembly, 17 are reserved for SCs.
 
Mr Sampath said the final electoral rolls for both the states, based on the qualifying date of January 1, 2014, had been published on July 31. There are 8.259 crore voters in Maharashtra and 1.615 crore voters in Haryana. Under the law, eligible voters can enrol themselves until the last date of filing of nominations. He appealed to voters to ensure that their names figured in the electoral rolls. 
 
He said that voters who had not been issued electoral photo identity cards (EPICs) could vote by producing one of several specified alternate identity cards.
 
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The Election Commission will set up 90,403 polling stations in Maharashtra and 16,244 in Haryana for the polls. Electronic voting machines (EVMs) will be used at all polling booths. In 13 constituencies of Maharashtra and six in Haryana, the Commission will also use Voter Verifiable Paper Audit Trail (VVPAT) systems.
 
Mr Sampath said that, as per the orders of the Supreme Court, all the EVMs will have the option of "None of the Above" (NOTA) in case the elector did not wish to vote for any of the candidates in the fray.
 
Mr Sampath said the Commission would make a separate announcement about the elections to the legislative assemblies of Jammu & Kashmir and Jharkhand, whose terms are also due to end by early 2015. He said that, in the case of Jammu & Kashmir, the Commission would also have to take into account the situation arising out of the devastating floods that have hit the state this month.
 
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Open air cultural hub like Times Square likely at Kala Ghoda in Mumbai

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Union Minister of State for Tourism and Culture Shripad Naik today said that the Ministry of Tourism would help the Government of Maharashtra create a cultural hub, most of it open air and on the lines of Times Square in New York, in Mumbai.
 
He said the Ministry would sanction Rs 5 crore for phase I of the project with similar amounts for every subsequent phase.
 
This would be over and above what the Government of Maharashtra would spend in creating the basic infrastructure to incentivise private sector parties to invest in the project, he said.
 
According to an official press release, the Government of Maharashtra and the local authorities in Mumbai would select the various private parties, each of which will undertake a specific responsibility.
 
Kala Ghoda in Mumbai is being seen as the location best suited for the purpose of creating a hub of heritage and  culture,  mostly open air, the  equivalent of Times Square, New York.  The final decision on the exact location in the area will be taken keeping in mind issues such as ensuring that there is no disturbance to vehicular traffic and ensuring maximum activity, it said.
 
The vision behind the Kala Ghoda proposal is to provide popular entertainment as well as access to heritage and culture for the benefit of international tourists, domestic tourists and the people of Mumbai.  This should result in a few themes and additional jobs being created.
 
The features of the hub proposed at Kala Ghoda are as follows:-
 
(1)    A 15 feet high flag of India, made of hard transparent materials and lit from within, will provide a photo opportunity to visitors, just as the US flag does in Times Square.
 
(2)     Large electronic billboards will give corporates an opportunity to advertise their products while also providing income to the owners of the buildings that host such electronic advertisements and entertainment to visitors.
 
(3)   With the grant given by the Ministry of Tourism it will be ensured that :
 
 (a)   the entire pedestrian area will be paved with stone slabs (not cobble stone);
 (b)   wide steps rising upwards will be created for visitors to sit on.  At Times Square such benches are made of high quality,  hard transparent, coloured plastic lit from below, as well as some  such sitting areas in steps made of steel;
 (c)   drinking water fountains with reverse osmosis-treated water so that no plastic water bodies are taken there.
 
(4)   One or two high resolution web cams/CCTVs will be operated by one or two private parties selected by the Government of Maharashtra/local authorities to photograph live the visitors sitting on these wide steps and to (a) project them on gigantic screens opposite the benches; and (b) provide a live “stream” on the internet.
 
(5)   Film and cartoon characters, preferably from the cinemas of India and cartoons by Indian cartoonists, will walk around the Kala Ghoda cultural hub for photo opportunities with visitors, as at Times Square.  Tipping these humans dressed as cartoon and film characters will be voluntary because they will be paid a salary.
 
(6)    There will be street performances.
 
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According to the release, Kala Ghoda already has art galleries, music shops, eating places, artists sketching visitors, access to shopping areas and other facilities and activities that make it suitable for becoming the Indian equivalent of Times Square.
 
The Ministry of Tourism is funding a scheme to project 3-dimensional (3D) images of 36 Indian monuments, one from each State and Union Territory at India Gate in New Delhi.  Depending on the success of that project, it will consider similar projections on the Gateway of India in Mumbai, it said.
 
A meeting was held in Mumbai in August, 2014 headed by officers of the Ministry of Tourism, Government of India and attended by officers of the Department of Tourism, Maharashtra and representatives of the Mumbai Traffic Police, who gave their in-principle approval for the Mumbai project.
 
Arising out of those discussions, the Tourism Department, Maharashtra submitted a proposal to the Union Ministry of Tourism for grant of Central Financial Assistance for the project.  The project was approved yesterday, the release added.
 
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L&T wins Rs 1885 crore order from NTPC for 1320 MW supercritical steam generators

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Infrastructure major Larsen & Toubro (L&T) today said it had, through its joint venture company L&T-MHPS Boilers Private Limited (LMB), secured an order worth Rs 1885 crore from the public sector power giant NTPC Limited.
 
The contract includes setting up of two units of 660 MW each supercritical steam generators for Tanda Thermal Power Plant Stage-II in Uttar Pradesh on an engineering, procurement and construction (EPC) basis, a press release from the company said.
 
LMB’s scope includes design, engineering, supply, construction, erection, testing, commissioning and conducting performance guarantee of two coal-fired steam generator units with supercritical parameters. 
 
The project site is located on the banks of the Tanda canal near Bahadurpur village in the Ambedkar Nagar district.
 
This is LMB’s first order for supercritical steam generators from NTPC. The order was won through competitive bidding involving several national and international players. the release said.
 
The project is scheduled to be completed in 46 and 52 months for the respective units. 
 
Mr. Shailendra Roy, Whole-time Director (Power, Minerals & Metals) L&T said, “We have the manufacturing and execution capabilities to deliver to stringent schedules while conforming to global standards.” 
 
LMB is currently executing 11 units of similar large capacity steam generators (660/700 MW) in India totaling 7340 MW. Two units of Nabha Power Ltd at Rajpura (Punjab) have already achieved commercial operation and the remaining are in advanced stages of execution. LMB also caters to markets in countries like Taiwan, Egypt, Saudi Arabia and the Philippines for engineering services and supply of pressure parts and pulverisers.
 
LMB is a joint venture between L&T with 51% equity and Mitsubishi Hitachi Power Systems, Japan with 49% equity. Its manufacturing facility is located at Hazira in Gujarat.
 
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Kieron Pollard named Mumbai Indians captain following Rohit Sharma's injury

Kieron Pollard
Kieron Pollard
Trinidad and Tobago all-rounder, Kieron Pollard, known for his explosive batting, has been named as the captain of the Mumbai Indians in the coming Champions League T20, starting September 13 in Raipur, in the absence of the injured Rohit Sharma.
 
Sharma recently fractured his middle finger during the second one-day international between India and England at Cardiff.
 
Pollard has been with the Mumbai Indians from IPL Season 3, and has already established a sense of seniority and gained respect among his fellow players. 
 
His success as the captain who led the Barbados Tridents to title triumph in the recently concluded Caribbean Premier League (CPL) has been well-appreciated.  
 
A towering Trinidadian, Pollard is one of the hardest hitters of the cricket ball and has produced moments of brilliance for the Mumbai Indians. He played a crucial role in Mumbai Indians’ triumph, during the 2013 IPL Season by smashing 29 sixes, which enabled the side to clinch their maiden IPL title. 
 
Pollard's career in the Mumbai Indians team spans over nearly 96 matches, scoring more than 1,700 runs with over 100 sixes, with more than 63 wickets to his credit. He was also adjudged the Man of the Match in the 2013 IPL final because of his overall brilliant display.
 
"It is very unfortunate that Rohit will be unable to lead the team, and I take this opportunity to wish him a fast comeback. I truly understand that it is a huge honor and a privilege to captain the vibrant Mumbai Indians side, and thank the team management for bestowing their faith in me. I am aware of the great expectations ahead of us. However, I am confident that together, we will face the challenges, and work towards retaining the glory and the stature of the Mumbai Indians team," Pollard said.
 
Chief Mentor for Mumbai Indians Anil Kumble said, "We will definitely feel Rohit's absence in the team and wish him well.  However, I strongly believe, that you can only be as good as the opportunities you get; and I am confident that Kieron with his varied experience and impressive track record, will rise to the occasion, and align the Mumbai Indians for a competitive performance."
 
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CCEA nod for additional liquid bulk terminal at Jawaharlal Nehru Port Trust

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The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, today approved the development of an additional liquid bulk terminal at Jawaharlal Nehru Port Trust (JNPT) in Mumbai.
 
The estimated total cost would be Rs.2496 crore. The award would be on highest royalty basis, an official press release said.
 
The project will be taken up for implementation under the private public partnership (PPP) mode on design, build, finance, operate and transfer (DBFOT) basis. Therefore, the entire investment on the project will be made by the concessionaire, an official press release said.
 
The project is envisaged to be implemented in two phases with overall capacity as 26.6 million tonnes per annum (MTPA). Phase I envisages construction of four berths to accommodate vessels size up to 180,000 dead weight tonnage (DWT) with a capacity of 15 MTPA. Phase II envisages construction of two additional berths for 180,000 DWT vessels with a capacity of 11.6 MTPA. 
 
The project would enhance the liquid bulk cargo handling capacity of JNPT from the existing 5.5 MTPA to 20.5 MTPA by 2017-18 when Phase-I is expected to be commissioned. Capacity would go up to 32.1 MTPA with the commissioning of Phase-II by 2025-26.
 
The release said this infrastructure would facilitate industrial growth in the hinterland and also reduce transaction cost for users who are suffering high waiting time in the existing berths. The project will also create, additional employment opportunities and lead to socio-economic development of the region. 
 
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ICICI Bank board approves five-for-one stock split

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ICICI Bank, India's top private sector lender by assets, said today that its board had approved a five-for-one stock split.
 
"The Board of Directors of ICICI Bank Limited (NYSE: IBN) has considered and approved the sub-division (split) of one equity share of the Bank having a face value of Rs 10 into five equity shares of face value of Rs 2 each," a press release from the bank said.
 
"Each American Depositary Share (ADS) of ICICI Bank will continue to represent two underlying equity shares as at present. The number of ADSs held by an American Depositary Receipt holder would consequently increase in proportion to the increase in number of equity shares," it said.
 
According to the release, the sub-division of shares will be subject to approval by the shareholders, which will be sought by postal ballot, and any other applicable statutory and regulatory approvals. Accordingly, the record date for sub-division of shares will be announced in due course, it added.
 
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L&T acquires Ramboll’s stake in L&T-Ramboll Consulting Engineers Limited

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Infrastructure major Larsen & Toubro today said that it had acquired the 50 per cent of the stake in L&T-Ramboll Consulting Engineers Limited (LTR) that was hitherto held by Ramboll Denmark.
 
The company said in a press release that this was a strategic move to strengthen its design base in the infrastructure space.
 
With this acquisition, LTR has now become a wholly-owned subsidiary of L&T, the release said.
 
The company will continue to offer single point ‘concept to commissioning’ consultancy services for infrastructure projects like airports, roads, bridges, ports and maritime structure including environment, transport planning and other  related  services, it said.
 
LTR was incorporated in 1998 with L&T contributing 50% of the authorized and paid-up capital. Ramboll Denmark AS and Industrialization Fund for Developing Countries (IFU) contributed 26% and 24% respectively. Ramboll Denmark AS had purchased IFU’s 24% stake in 2004.
 
LTR has approximately 250 engineers on board, with registered office in Chennai, and  regional offices in Hyderabad, Delhi and Mumbai.
 
Post-acquisition, the company is proposed to be renamed as L&T Infrastructure Engineering Limited, the release said.
 
“This acquisition is a significant move to strengthen our EPC offering in the infrastructure sector. With a track of successful projects and international exposure, L&T Infrastructure Engineering will be providing engineering services for infrastructure projects," Mr. S. N. Subrahmanyan, Member of the Board and Senior Executive Vice President (Infrastructure and Construction), said.
 
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L&T Hydrocarbon bags orders worth over Rs 1920 crore

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Infastructure major Larsen & Toubro (L&T) today said L&T Hydrocarbon Engineering (LTHE), its fully-owned subsidiary, had secured new orders in the offshore and onshore segments worth Rs 1,920 crore from domestic oil and gas majors.
 
A press release from the company said these included an offshore contract valued at Rs 1,340 crore from the public sector Oil & Natural Gas Corporation (ONGC), won against international competitive bidding, for engineering, procurement, construction and installation of five wellhead platforms at its Mumbai High North field. 
 
The project, part of ONGC’s strategy to re-develop Phase-III of Mumbai High North field to enhance production from existing reservoirs, is scheduled to be completed by March, 2016. 
 
In the onshore segment, LTHE has secured a contract valued at approximately Rs 580 crore from a leading company engaged in hydrocarbon downstream processing. LTHE will carry out engineering, procurement and construction of a dual service cryogenic storage tank facility, suitable for liquid ethane and liquefied natural gas and engineering work for the balance of the facilities to be installed at the client’s manufacturing complex, the release added.
 
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Reliance's GenNext Ventures, Microsoft to launch hubs to boost innovation among startups

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GenNext Ventures, the venture investment management arm of the Mukesh Ambani-led Reliance Industries Ltd (RIL), today signed a three-year partnership with Microsoft India, through Microsoft Ventures in India, to set up GenNext Innovation Hubs, a pan India initiative to catalyze the country’s technology startup ecosystem.
 
The memorandum of understanding (MoU) in this regard was signed by Dr. R. A. Mashelkar, Chairman, GenNext Ventures and Board Member, RIL, and Mr. Bhaskar Pramanik, Chairman, Microsoft India. 
 
The first hub will start operations in October in Mumbai, and will be subsequently emulated across multiple cities in India, a press release from the company said.
 
According to it, the MoU allows GenNext Ventures and Microsoft Ventures to bring together key stakeholders—academia, students, entrepreneurs, investors, and corporates--at the GenNext Innovation Hubs and offer some of the most critical resources that startups need to be successful. 
 
"Microsoft Ventures will help GenNext identify, shortlist, on-board promising startups and power the accelerator program. Microsoft Ventures will also provide these startups access to software and technology advice. At the end of the accelerator program cycle, GenNext will invest strategically and selectively in some of these IT startups," it said.
 
Announcing the partnership, Dr Mashelkar said: “Technology startups, which are a key source of innovation in India, are at an inflexion point today. While the numbers have grown exponentially year on year, the industry is at a nascent stage. While several initiatives are underway to help startups, what is lacking is a national platform that seamlessly brings together all stakeholders and also provides the resources Indian startups need to be successful. That’s what we are aiming to do through GenNext Innovation Hubs, in our partnership with Microsoft Ventures.”
 
Mr Pramanik said: “The emerging trends in India’s technology startup space are fascinating--both in numbers and in diversity of ideas. At Microsoft, we have had a long-standing commitment to innovation, not just within but also in the IT ecosystems of markets we operate in. Microsoft Ventures is leading that for us in India. With this partnership, startups in India will have access to GenNext Ventures’ deep industry experience and Microsoft Ventures’ knowledge and IT industry network and strength.”
 
The GenNext Innovation Hub at Mumbai will provide the opportunity to a select group of entrepreneurs to launch or re-engineer their company through an immersive, four-month-long program. Startups in the program will have access to business mentors, technical and design experts and plug and play office space. They will also have access to mentors who can help them gain valuable market insights for Indian and global markets.
 
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The Mumbai GenNext Innovation Hub is now open to receiving applications for the accelerator program. Startups must apply online here.
http://www.gennexthub.com). The last date for receiving applications is September 25, 2014. The program will commence with the first batch of startups on October 6, 2014 in the GenNext Innovation Hub at Navi Mumbai.
 
GenNext Ventures, an RIL sponsored venture capital fund headquartered in Mumbai, invests actively in innovative technology companies from India and overseas with the objective of building successful global businesses that are sustainable, scalable and profitable. GenNext also invests alongside its global partners, which include some of the large venture capital groups and strategic technology giants based in US, Israel and UK. 
 
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Reliance Foundation, University of Chicago partner on training technology for doctors

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Reliance Foundation and the University of Chicago today announced a collaboration to develop innovative technology that will help train medical students and clinicians for better diagnosis and improved healthcare. 
 
The collaboration is also supporting doctors in real time with evidence-based clinical decision-making tools, a press release from the foundation, set up by the Mukesh Ambani-led Reliance Industries Limited (RIL), said.
 
According to the release, the partnership will develop cloud-based software applications that can train medical professionals using case studies written by experienced physicians and state-of-the-art clinical reasoning methods. 
 
Provided through technology partners i-Human Patients, Inc. and AgileMD, the software will help improve medical education and provide point-of-care clinical decision support tools for healthcare practitioners. These tools will help reduce diagnostic errors, improve outcomes and help save many lives, it said.
 
The programme will be piloted in Reliance Foundation’s Sir HN Reliance Foundation Hospital and Research Centre in Mumbai. Reliance Foundation aims to enhance access to quality healthcare in India. 
 
“We are excited to collaborate with the University of Chicago, one of the leading universities, in transforming universal delivery of healthcare,” said Mr Jagannatha Kumar, CEO, Reliance Foundation. “Through this collaboration, we look forward to bringing in a technology-based revolution in providing medical education and equipping healthcare professionals to achieve greater standards of excellence”
 
Reliance Foundation is the philanthropic arm of RIL, a Fortune Global 500 company and the largest private-sector company in India. The group has so far touched the lives of 4 million people across India through various initiatives in the areas of healthcare, education, livelihoods and so on, the release said.
 
“We have developed this evidence-based program which, with the power of technology, can be widely disseminated. Technology should be a democratizing force and India should be able to leapfrog in deployment of such advanced education and health care delivery tools”, stated Dr Vinay Kumar, who is the Donald N. Pritzker Professor and Chairman of Department of Pathology at the University of Chicago.
 
Faculty members of the University of Chicago Medicine, led by Scott Stern, MD, have developed the Symptom to Diagnosis clinical reasoning methodology. This evidence-based approach to clinical reasoning forms the foundation for the clinical education and point-of-care products being developed in collaboration with Reliance Foundation.  Stern will lead the case development team made up of leading medical educators from the US and India, the release added.
 
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