THE MONSOON SESSION – IS IT INDIA’S LOSS?
THE MONSOON SESSION – IS IT INDIA’S LOSS?
The scheduled Monsoon Session of Parliament has concluded today. Politically, this session was very educative but, frustrating. Parliament represents the best in Indian democracy. ‘Parliamentary paralysis without an issue’ signifies the vulnerability of the system.
The importance of GST need not be overstated. It converts the whole country into one economic market. It facilitates the smooth and seamless transfer of goods and services. It reduces harassment and corruption. It mandates a uniform tax regime. It eliminates ‘Tax on Tax’. It adds buoyancy to tax revenue and has a favourable impact on the GDP. The GST has received consistent support from most mainstream parties. The Congress / UPA government announced this idea in 2006 and it introduced the Bill in 2011. Today, it seeks to go back on the GST. The objections in the Congress Party’s dissent note are contradictory and trivial. The Parliamentary numbers are loaded against the Congress. It, therefore, relies on disturbance and lung power to prevent its consideration by the Rajya Sabha. The Congress is well aware that any delay in passage of the Constitution Amendment which has been accepted by most States will result in at least one year’s delay. That appears to be the Congress’ strategy. National interest is least on its priority.
The Congress party has exhibited that it continues to be enslaved to a family. It is willing to compromise national interest and policy merely because the family is unable to digest its electoral defeat in 2014. India’s loss in this Session is not Congress party’s gain. There is popular disapproval of its policies of ‘disruption without a cause’. The debate in Lok Sabha yesterday clearly demonstrated the hollowness of Congress party’s argument.
The Congress party President, Smt. Sonia Gandhi, hit a new low. It is for the first time that a senior-most leader of a mainstream party has jumped into the well of the House. Even the pretext of stature and dignity was not maintained. As for Shri Rahul Gandhi, there was no serious expectation that he would raise the level of the debate. He has failed to recognise the difference between sloganeering and a Parliamentary speech. The more he grows, the more he immatures. Aggressive body language is never a substitute for substance. It is the NDA Government which brought a tough law against illegal foreign assets. It is the NDA Government which is taking effective steps to bring to book the alleged offender around whom the present controversy is centred.
This Session has educated and enlightened public opinion that India’s economic interests are being held to ransom by the political frustration of the Congress party. India stands educated, though frustrated. The anger emerging out of this frustration will provide India the answer to face this challenge.
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| The CEO Series: Leading in the 21st Centurywith Ashok Soota | ||||||||||||||
| EVENT DETAILS | ||||||||||||||
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| DATE | Wednesday, August 26, 2015 | |||||||||||||
| TIME | 5:00 PM – 6:00 PM (Registration: 4:30 pm onwards) | |||||||||||||
| LOCATION | WWF Auditorium, 172-B, Lodhi Estate, New Delhi – 110003 | |||||||||||||
| SPEAKERS | Ashok Soota, Executive Chairman, Happiest Minds Anuj Poddar, Executive Vice President, Viacom 18 Media Pvt. Ltd. | |||||||||||||
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| ABOUT THE EVENT | ||||||||||||||
| One of the most pertinent issues facing our society is the balance between Success and Happiness. Success is achieving your goal and happiness is a sense of well-being, joy, or contentment. When people are successful, they feel happiness. Mr Ashok Soota, Executive Chairman, Happiest Minds will bring these two seemingly disparate subjects together based on his own experiences. He will be in conversation with Mr Anuj Poddar, Executive Vice President with Viacom18 and Ananta Aspen Fellow.
Participation is restricted and will be by prior registration only.
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Renault hits the high note with A R Rahman
Musical genius creates the theme track for Renault’s new brand campaign titled “Re Re Re Raftaar”
~ Rendition is attuned with the Renault brand promise: ‘Passion for Life’ ~
New Delhi, August 13, 2015: Renault India, one of the country’s fastest growing automobile manufacturers, announced its association with India’s Best Music Composer – A R Rahman, who has created the track for Renault India’s new brand campaign. The foot tapping creation will have an immediate connect with the listeners, and will perfectly complement the magic that Ranbir Kapoor, who Renault recently announced as its brand ambassador, will bring to the TVC that will go on air shortly.
The composition, titled “Re Re Re Raftaar” is a lively and mellifluous mix that celebrates life in India. This association marks the formation of a trinity of iconic brands in the form of Renault, Ranbir Kapoor and now A R Rahman, who are all synonymous with passion and innovation and individually enjoy a universal appeal.
Speaking on the association, Mr. Sumit Sawhney, Country CEO and Managing Director, Renault India Operations said, “The fourth year celebrations continue at Renault India! After announcing India’s best actor Ranbir Kapoor as our brand ambassador, it is only fitting to have India’s best music composer create the theme track for our new brand campaign. Both Ranbir and Rahman perfectly embody our brand promise, Passion for Life, and they represent the DNA of brand Renault, which stands for being vibrant, forward looking and connected to people.”
On the composition A R Rahman shared, “For me, passion is music and I have attempted to create a melody that is catchy and appealing. The creation is contemporary and stands apart, in sync with Renault’s legacy of being an iconic and inspirational brand.”
Renault’s 117 year legacy is based on innovation, which has been a hallmark of Renault throughout its car-making history. For Renault, innovation means introducing features and services that are people centric, addressing real customer needs. The partnership with India’s iconic actor, Ranbir Kapoor and now with the musical maestro, A R Rahman, is timed with Renault’s next phase of growth in India. Renault is looking to significantly increase its presence pan India, and is taking major steps on product, network and building the brand.
OP Munjal, Founder Chairman Emeritus of Hero Cycles and one of the founders of Hero Group, passed away earlier today in Ludhiana. The 86-year-old industry veteran was facing health related issues for the past few months. He is survived by one son, four daughters, a daughter-in-law, four son-in-laws and 10 grandchildren. The cremation will take place tomorrow (August 14, 2015) in Ludhiana.Munjal last month ceded Chairmanship of Hero Motors group and retired from an active role in the business. Pankaj Munjal succeeded him as the Chairman and Managing Director of the Group.
OP Munjal, with his three brothers Brijmohan Lall Munjal, Dayanand Munjal and Satyanand Munjal started a bicycle spare parts business in Amritsar In 1944. They subsequently moved their base to Ludhiana naming the company ‘Hero’ and set up India’s first bicycle manufacturing unit in 1956. During 1980s Hero Cycles became the largest bicycle manufacturer by volume in the world. Shri Munjal, who led Hero Cycles for almost 60 years, also helped Hero Cycles in diversifying to other businesses such as auto parts manufacturing and hospitality. Under his able guidance, the company grew from its humble beginnings to a Rs 3000 crore industrial house. He also served as President of All India Cycle Manufacturers’ Association.
U MUMBA BEAT BENGALURU BULLS TO RECLAIM TOP SPOT
Bengaluru, August 12: Captain Anup Kumar has a cool head and he proved it yet again by marshalling his resources in an astute manner to lead U Mumba to a 36-29 over hosts Bengaluru Bulls in Season 2 of Star Sports Pro Kabaddi today. At the Kanteerava Stadium it was the Mumbai defence which played a major role in their creditable win with Anup prodding his hit men.
The first half saw Mohit Chhillar and Surender Nada trap their rivals’ star raider Ajay Thakur as many as four times. And if one sees it in the context of the match then Bengaluru captain Manjeet Chillar, being on the bench for close to 18 minutes, harmed them a lot.
The result has allowed U Mumba to reclaim the top spot with 50 points. Bengaluru who are still in the hunt for a semis berth have 32 points. They just about managed to squeeze one today by reducing the margin of defeat to seven. They thus displaced Jaipur Pink Panthers to occupy the third spot. Manjeet Chhillar who took upon himself the onus of raiding should be credited for that. He collected five points towards the end despite losing two to a super tackle.
Mumba after being in front saw their rivals equalise at 7-7, but once Rajesh Mondal, Ajay Thakur and Pradeep Narwal were trapped one after the other Bengaluru had to soon face an all-out in the 17th minute of play. Mumba received a minor setback when Bhupinder Singh had to be stretchered off but the brave youngster returned in the second half. The winners led 18-13 at half-time.
Anup continued his raids which were more tactical.
U Mumba preferred to rely on their defence in the second half. Substitute D Sureshu too served them well. He filled in well for Bhupender by scoring two raiding points and also aiding in defence. Rishank Devadiga also contributed his might with four points. To Mumba’s advantage Ajay Thakur failed to get any momentum. Pradeep Narwal and substitute Rakesh Narwal too failed to prop the Bengaluru attack. And once rival Jeeva Kumar who was subdued for some time started getting his ankle and thigh holds right to net six points Bengaluru’s defeat was imminent.
U Mumba never looked back thereafter as they went from strength to strength to inflict the second all-out to lead 34-22 with about six minutes left. Manjeet tried his best but that proved inadequate in the end. The Bulls face Jaipur Pink Panthers tomorrow and this will be a crucial tie for both as a win will bring one of them closer to their goal.
Captain Anup Kumar was as cool as ever after yet another victory for U Mumba. “I have heard that people think we are the toughest competition in the league and I am proud of this team which is called the toughest competition. Our job is to come out and be our best and play our best – that’s what we are doing here. And I am happy with the team because of that. We have a strong defence and that is an amazing thing. But it is better because we have a strong team and that is what makes a great team.”
This win was the icing on top of the cake for U Mumba who have already qualified for the play-offs. “I am grateful for having qualified for the play-offs. We need to keep our heads down and keep working hard.” said Anup Kumar.
MATCH 43 – BENGALURU BULLS VS U MUMBA
No.
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Award
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Player/Team
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1
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TVS BEST RAIDER OF THE MATCH
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RISHANK DEVADIGA (U MUMBA)
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2
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BAJAJ ELECTRICAL INSPIRING DEFENDER OF THE MATCH
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MOHIT CHHILLAR (U MUMBA)
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3
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BENGALURU BULLS MOMENT OF THE MATCH
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BHUPENDER SINGH (U MUMBA)
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4
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VIP FRENCHIE BIG IMPRESSION PLAYER OF THE MATCH
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SURENDER NADA (U MUMBA)
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5
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FLIPKART AUDIENCE KI WISH PLAYER OF THE MATCH
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AJAY THAKUR (BENGALURU BULLS)
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(additional photos attached)
Watch Season 2 of Star Sports Pro Kabaddi LIVE on Star Sports 2, 3, HD2, HD3 and hotstar.com from 7:50pm onwards
Star Sports Pro Kabaddi – Points Table after Match 43 as of 12th August
POS
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TEAM
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PLAYED
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WIN
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DRAW
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LOSS
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POINTS
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1
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U MUMBA (Q)
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11
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10
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0
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1
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50
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2
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TELUGU TITANS (Q)
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12
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7
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3
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2
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45
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3
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BENGALURU BULLS
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10
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6
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0
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4
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32
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4
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JAIPUR PINK PANTHERS
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11
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5
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1
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5
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31
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5
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DABANG DELHI
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12
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4
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1
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7
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26
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6
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PATNA PIRATES
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10
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4
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1
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5
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25
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7
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BENGAL WARRIORS
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11
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2
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1
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8
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16
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8
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PUNERI PALTAN
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9
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1
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1
|
7
|
13
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—
Deependra
9810418855
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Ashok Leyland reports revenue growth of 55% and EBITDA grows by 287%
| Results at a Glance |
| · Revenue for the Quarter ended June 30, 2015: Rs.3,841 crores
· EBITDA: Rs.389 crores (10.1%)
· Net Profit: Rs.159 crores
· Volume Growth, over same period last year: 45%
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Please refer attached press release for detailed report. Do write back to us for further queries from Ashok Leyland.
Regards,
Palak Malik
Clea Public Relations.
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