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Trump administration asks Google to shun China Search project

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US Vice President Mike Pence has called on Google to end its censored Chinese Search engine the “Dragonfly” project.

According to a Wall Street Journal report, Pence in a speech on Thursday said American companies must reconsider turning over intellectual property as they expand in China.

Google’s modified search engine — codenamed “Dragonfly” — would “strengthen Communist Party censorship and compromise the privacy of Chinese customers,” Pence said.

The news about Google’s plan to build a censored search engine in China broke in August when The Intercept reported that the search platform would blacklist “sensitive queries” about topics including politics, free speech, democracy, human rights and peaceful protest, triggering internal protests among some Google employees.

Two weeks after that report, Google CEO Sundar Pichai told the company’s employees that the China plan was in its “early stages” and “exploratory”.

Google operated its services in China until 2010.

Pichai is scheduled to testify before the House Judiciary Committee in November to allay concerns over privacy issues and the tech giant’s entry into the Chinese market.

He confirmed the November schedule during a private meeting with GOP lawmakers on Capitol Hill in September.

“We remain committed to continuing an active dialogue with members from both sides of the aisle, working proactively with Congress on a variety of issues, explaining how our products help millions of American consumers and businesses, and answering questions as they arise,” Pichai had then said in a statement.

IANS

5.3-magnitude quake hits Japan

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An earthquake measuring 5.3 on the Richter scale struck Japan’s Hokkaido prefecture on Friday, the Japan Meteorological Agency said.

There were no immediate reports of injury or damage. No tsunami warning was issued, Xinhua reported.

The temblor has an epicentre at a latitude of 42.6 degrees north and a longitude of 142.0 degrees east at a depth of 30 km.

The quake logged lower 5 in parts of Hokkaido prefecture on the Japanese seismic intensity scale which peaks at 7.

KCR colluded with BJP to target me, says Chandrababu Naidu

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Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday alleged that TRS chief K. Chandrasekhar Rao, actor-politician Pawan Kalyan and YSR Congress leader Jaganmohan Reddy have colluded with the BJP to target him.

With Telangana’s acting Chief Minister and Telangana Rashtra Samithi (TRS) chief Chandrasekhar Rao continuing his bitter attack on Naidu, calling him a “thief and betrayer”, the Telugu Desam Party (TDP) president accused Rao of colluding with the Bharatiya Janata Party (BJP).

Naidu was talking to reporters on the sidelines of inauguration of a facility by Xiaomi and Dixon Technologies to manufacture Mi LED TVs in this temple town.

The TDP chief, however, said he would not respond to personal attacks by KCR. “I speak on ideologies and policies. I never resort to personal attacks,” he said when asked to react to KCR’s bitter attacks on him during election meetings in Telangana.

With KCR also targeting Naidu for TDP’s alliance with the Congress in Telangana, Naidu said the party took the step due to political compulsions. The TDP president, however, ruled out similar arrangement with the Congress in Andhra Pradesh, saying the latter does not have much presence in the state.

Indirectly defending the alliance with the Congress in Telangana, Naidu recalled that the United Front, of which he was the Convener, had taken the Congress party’s outside support to form the government at the Centre.

Claiming that he developed Hyderabad as the information technology hub when he was the Chief Minister of undivided Andhra Pradesh, Naidu said he did it for Telugu people. He pointed out even KCR and his family members admitted that the credit of developing Hyderabad goes to him.

Naidu alleged that Prime Minister Narendra Modi had hatched a conspiracy to target him and the TDP. He said Modi was using central agencies against him. Stating that he was not afraid of anybody, Naidu said he had clean record and credibility in his 40-year-long political career.

The TDP leader said Modi was trying to tarnish established political leaders and demolish established institutions. He condemned what he called attempts by the Centre to take over the affairs of Tirupati temple.

Naidu predicted that an alternative will emerge to the BJP-led government at the Centre. Such an alternative was necessary to undo the injustice done to people of the country, especially the people of Andhra Pradesh, by the Modi government, he said.

Naidu, whose TDP pulled out of the BJP-led National Democratic Alliance (NDA) in March this year, said BJP had done more injustice to Andhra Pradesh than the Congress which bifurcated the state.

“You have not given the special status which you had promised in 2014,” he said and accused Modi of also going back on the promise to implement Andhra Pradesh Bifurcation Act.

The TDP chief also slammed the Modi government over “Rafale scam”, saying Bofors was small compared to this.

He alleged that people have lost faith in the banking system as those who committed bank frauds fled the country. He also targeted the Centre for rising fuel prices, devaluation of rupees, its failure to achieve anything from demonetisation and improper implementation of the Goods and Services Tax.

IANS

Assessing IL&FS financial situation, searching viable solutions: Kotak

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 The new Board of debt-stricken IL&FS is in the process of assessing the company’s financial situation and is deliberating on various viable solutions to restore solvency, a Board member said on Thursday, even as Finance Minister Arun Jaitley said the government is determined to ensure that the company’s insolvency issue is contained quickly to prevent further adverse impact.

Addressing the media, after the new Board’s first meeting here on Thursday, Uday Kotak, MD & CEO of Kotak Mahindra Bank, who has been appointed as the Non-Executive Chairman of the company by the Central government, said all options are being looked at to salvage the financial position of IL&FS.

He further said that the Board will meet again to decide on the best way to implement the roadmap laid out by the NCLT (National Company Law Tribunal).

“This is a process which is under NCLT process, which is a process independent of…at this stage, in terms of having more detailed discussion with the shareholders…..we will be talking to the shareholders at an appropriate time.”

Without ruling out options like sale of assets and rights issues, Kotak refuted comparisons being made between IL&FS and the IT major Satyam that went bust nearly a decade ago.

“This is a very complex company…one has to keep that in mind and it is a financial market intermediary but also in the real world space. Therefore there are significant financial market challenges which make it a little different from directly comparing with the Satyam situation,” he said.

The meeting comes days after the Central government superseded the management of the beleaguered company via a NCLT order and appointed a six-member board led by Kotak to restore its financial solvency.

Key public sector lenders and undertakings such as LIC and SBI have a 25.34 per cent and 6.42 per cent stake, respectively, in the firm which has around Rs 91,000 crore in long-term debt.

As per some industry estimates, the company has an urgent liquidity requirement of around Rs 5,000 crore.

Lately, the credit crunch has led a few of the company’s subsidiaries to default in servicing some of the inter-corporate deposits.

Subsequent to defaults, rating agency ICRA downgraded the ratings of its short-term and long-term borrowing programmes.

Earlier on Thursday, Finance Minister Arun Jaitley told reporters in New Delhi that there had been “significant impact” on the capital market on account of the contagion effect of the IL&FS problem which had prompted the government to replace the Board.

“The government is determined to make sure that since this is an internal factor to India, this should be contained quickly so that no adverse impact of it is left,” he said.

IL&FS Ltd is a core investment company and serves as the holding company of the IL&FS Group, with most business operations domiciled in separate companies which form an ecosystem of expertise across infrastructure, finance and social and environmental services.

Initially promoted by the Central Bank of India (CBI), Housing Development Finance Corporation Ltd and the Unit Trust of India, IL&FS was incorporated in 1987.

Over the years, it has inducted institutional shareholders including SBI, LIC, ORIX Corp of Japan and Abu Dhabi Investment Authority (ADIA).

As on March 31, 2018, LIC and ORIX Corp are the largest shareholders in IL&FS with their stakeholding at 25.34 per cent and 23.54 per cent, respectively. Other prominent shareholders include ADIA (12.56 per cent), HDFC (9.02 per cent), CBI (7.67 per cent) and SBI (6.42 per cent).

IANS

Bengaluru Deputy Mayor Ramila dies of heart attack

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 Bengaluru’s new Deputy Mayor Ramila Umashankar died following a massive heart attack early on Friday, said an official. She was 44.

“Ramila died after a massive cardiac arrest around 12.50 a.m. at a private hospital in the city,” Bengaluru civic corporation official L. Suresh told IANS.

She is survived by her husband, a son and a daughter.

The ruling Janata Dal-Secular (JD-S) counsellor from Kaveriapura was elected on September 28.

“Ramila’s husband (Umashankar) rushed her to the hospital after she complained of chest pain and difficulty in breathing,” Suresh said.

The Bruhat Bengaluru Mahanagara Palike (BBMP) declared a holiday for its offices, schools and civic wards across the city. Hospitals and markets though would remain open.

Karnataka Chief Minister H.D. Kumaraswamy, former Prime Minister and JD-S supremo H.D. Deve Gowda and Bengaluru Mayor Gangambike Mallikarjun have mourned Ramila’s death and expressed condolence to her bereaved family, among many others.

IANS

Banks collect Rs 3,000 crore as fine for no minimum balance

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Public sector banks (PSBs) collected Rs 3,551 crore as charges from saving bank account holders for failure to maintain the required minimum balance.

Over Rs 11,500 crore collected in last four years by all banks
Banks continue to harvest a windfall at the cost of those who don’t have resources to maintain prescribed minimum balance in their accounts.

As high profile borrowers dumped almost Rs 10 lakh crore worth non performing assets (NPAs) in 2017-18, public sector banks (PSBs) collected Rs 3,551 crore as charges from saving bank account holders for failure to maintain the required minimum balance.

These charges are collected primarily to recover a part of the cost incurred on servicing the accounts.

An official in the Ministry of Finance said that in last four years (2014-15 to 2017-18), 21 PSBs and three private sector banks (ICICI Bank, Axis Bank and HDFC Bank ) collected over Rs 11,500 crore from customers who did not maintain a minimum balance in their savings accounts.

The largest lender in India, State Bank of India (SBI), alone collected almost Rs 2,500 crore in 2017-18. Among the private players, HDFC Bank charged customers nearly Rs 600 crore for not maintaining minimum balance.

Now, the banks want to end a negative perception which has been building since the practice of penalties was launched after the Reserve Bank of India (RBI) issued a circular on July 1, 2015 that empowered banks to fix services charges on various services rendered by them.

Since then, banks have been charging different penalties for the same default. SBI savings account holder who failed to maintain minimum balance is charged between Rs 5 and Rs 15 (plus GST) for various levels of shortfall. SBI customers are compulsorily required to maintain an average monthly balance of Rs 3,000 in metro cities while in semi urban cities the minimum level is Rs 2,000 and Rs 1,000 in rural areas.

The customers of private banks like HDFC Bank are required to maintain an average monthly balance of Rs 10,000 in urban cities, Rs 5,000 in semi-urban cities and Rs 2500 in rural areas.

The banks have now changed gears. With interest rates on saving deposits dipping and instruments like mutual funds out performing, the percentage growth in bank deposits has reduced. As a result, cash availability with banks has been declining. The heads of government banks had recently met in Delhi to set targets to raise the liquidity available with banks by attracting more people to make bank deposits.

 

PTI

Film Review : Sui Dhaaga – Made In India

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Sui Dhaaga – Made In India Is A Heart Touching Story Told Beautifully

Banner: Yash Raj Films
Producer: Adiya Chopra
Director: Sharat Kataria
Star Cast: Varun Dhawan, Anushka Sharma, Raghuveer Yadav, Yamini Das, Sawan Tank, Manukriti Patwa, Siddharth Bhardawaj, Ashish Verma, Namit Das, Bhupesh Singh, Govind Pandey, Harleen Bedi & above all Katrina Kaif
Music: Anu Malik & Andrea Guerra

Director Sharat Kataria’s 1st ever outing Dum Laga Ke Haisa was a sincere movie & now in his 2nd outing
Sui Dhaaga – Made In India once again Sharat Kataria delivers a very heart touching film.

Since more than a decade, filmmakers have been increasingly setting their stories in the heartland of India. This gives the film an authentic & realistic touch and also helps the film get a wider appeal. More number of people watch such films, provided they are told in a simple & entertaining manner, as they could relate to such stories more than the ones set in urban or foreign regions. Sui Dhaaga – Made In India, is not only based in a village, it also makes some important comments about social entrepreneurship for the social & the economic development of the rural artisans.

The scripted scenario of Sui Dhaaga – Made In India opens with a heartwarming story of pride & self-reliance of Mauji (Varun Dhawan), who stays in a village near Delhi with his wife Mamta (Anushka Sharma), father (Raghubir Yadav) & mother (Yamini Das). Mauji works at a shop that sells sewing machines, owned by Bansal (Sidharth Bhardwaj) & his son Prashant (Ashish Verma). Both have a habit of ill-treating Mauji and make him do fun antics. When Prashant gets married, Bansal invites Mauji & his entire family. Mamta feels humiliated when she sees Mauji being asked to imitate a dog by the Bansal’s. Mamta encourages him to start his own business, especially since he is a pro at sewing. However, Mauji’s grandfather was a tailor who had faced immense losses. Hence, his father vowed never to get into this business again. Mauji at first rejects Mamta’s suggestion but later leaves his job and puts a stall on the streets in Delhi. On the other hand, Mauji’s mother falls down in their house and she’s hospitalized. The tests reveal that she has multiple blockages in her heart. The family is already having a hand-to-mouth existence and Mauji’s mother’s hospitalization further add to their woes. Moreover, Mauji has left his job as well. What happens next forms the rest of the crux of the story of Sui Dhaaga – Made In India.

Sharat Katariya’s story is simple and the need of the hour. It reminds one of the films of yesteryear director Hrishikesh Mukherjee and gives a nice ode to that kind of adorable cinema. Sharat Katariya’s screenplay however is much more impressive. He does total justice to the characters & the setting and also keeps the viewers involved. However, unlike his previous outing Dum Laga Ke Haisha (2015) which had plenty of funny moments, Sui Dhaaga – Made In India is more dramatic. There’s not much scope for humor and a section of audiences might miss that. Sharat Katariya’s dialogues are witty and play a major part in contributing to the laughter quotient.

Sharat Katariya’s direction is brilliant and enhances the well written script. He could have made the film a bit tighter & less convenient & predictable but thankfully these are the minor flaws.
Sui Dhaaga – Made In India’s 1st ever shot is very impressive and captures a lot simply in one take. After establishing the characters & the setting, the film wastes no time in getting on point soon. The hospital sequence is lovely but in the 1st ever half, what takes the cake is the pre-interval sequence. A point to be noted is how the makers raise the tension levels!
In the 2nd half, the film drops a bit. Also the manner in which Mamta & Mauji get shortlisted for the fashion tournament seems a bit convenient. But the finale makes up for it & the film is sure to leave viewers with a smile.

Anu Malik’s music goes very well with the film, although it’s not of a chartbuster variety. The title song comes at a very crucial juncture and makes an impact. “Chaav Laaga” is melodious. “Khatar Patar” & “Tu Hi Aham” are situational songs & work. “Sab Badhiya Hai” is missing from the film. Andrea Guerra’s background score is in sync with the film’s mood & is also subtle.

Anil Mehta’s cinematography is too good & doesn’t get lost in capturing the simplicity of the village or the glitz & glamour of the city life. The lensmen captures only what’s essential. Meenal Agarwal’s production design is realistic. Darshan Jalan & Neelanchal Kumar Ghosh’s costume designers deserve brownie points as it’s one of the pillars of the film. Charu Shree Roy’s editing is simple & neat.

Performance wise Sui Dhaaga – Made In India belongs to Varun Dhawan & Anushka Sharma. Both actors deliver powerhouse performances. Varun Dhawan looks every inch a village simpleton and is sure to be loved. He plays his part with earnesty and that shows. Notice his reaction when the Bansal’s force him to act like a dog and how he beautifully hides his embarrassment. Also in the climax scene especially in the hotel lobby sequence, he’s too good. Anushka Sharma gets mentioned before Varun Dhawan in the opening credits and has a very crucial part to enact. One forgets that she is THE Anushka Sharma and gives her 100%. In a scene where she asks her mother-in-law if she’s fine and whether she liked the hospital, the actress seems so natural. Raghubir Yadav gives a very touching performance. Towards the finale especially, he’s sure to make the viewers teary-eyed. Yamini Das plays her part perfectly, especially in the hospital scenes. Puja Sarup (Harleen Bedi) leaves a huge mark. The same goes for Namit Das (Guddu). Bhupesh Singh (Naushad) is damn good. The actors playing Majnu, Majnu’s wife, Palteram and others are also very good.

On the whole, Sui Dhaaga – Made In India is a simple tale told beautifully with strong emphasis on emotions.
Tail Piece: At the box office turnstiles, the film will have to rely on a very good word of mouth publicity to attract audiences. It also had an extended 5 day weekend of sorts (with 2nd Oct, 2018 being a National Holiday). Hence, the film would surely have a healthy run at the Box – Office turnstiles cash counters and would prove more profitable or should we say “badhiya” for the producers. Recommended!

CCB Police Opened fire, and arrested Notorious Rowdy Sheeter,George after shootout in Bengaluru

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By : PRAMESH S JAIN

The Central Crime Branch Police opened fire to subdue the notorious dreaded rowdy sheeter George.

This is the first shootout by CCB Police, after Addl CP Crime,Alok Kumar and DCP Crime-1,Girish S took charge in Bengaluru.

A team of central crime branch (CCB) sleuths opened fire to subdue and secure a notorious rowdy, who allegedly attacked them with a Machete near Jinkey park on Wednesday night. A policemen, identified as Umesh was injured in the attack launched by the George.

The injured policemen and George, who sustained bullet injuries on his legs, were admitted to the Victoria Hospital. Police said George has been facing more than 11 cases, including murder, kidnap and other cases registered in various police stations in the city.

In 2014, he was arrested in connection with a kidnapping case.He was released on bail.The accused is a Rowdy sheeter of Chamarajpet.

The CCB police were searching for George in connection with murder cases, and kidnap.Police said he was a suspect for threatening his witnesses.

DCP Crime-1,Girish S,who visited the spot and after inspecting the spot and collecting information from the cops.

He told media persons that CCB team comprising assistant commissioner of police Mariyappa, inspector,Prakash.K,and constable Umesh got a credible information that the notorious rowdy sheeter of Chamarajpet who was wanted in murder and kidnapping case court trials is moving near Chamarajpet towards Jinkey park as even he dint turned up for rowdy parade recently we launched our toll-free number 9480801555 to share information about rowdies who are harrasing people similarly we received a complaint against this rowdy sheeter

It is alleged that rowdy sheeter George threatened to kill a witness, if he deposed against him in court.Based on a complaint, the CCB had taken up a case and were on the lookout for George the team got reliable inputs and they immediately rushed to spot and found George riding a scooter near jinkey park around 10 pm on Wednesday night.The police team was tailing him from Chamarajpet.The sleuths intercepted George scooter in front of jinkey park the Inspector and constable went to the accused scooter and asked him to surrender but he,George did not stop the vehicle and tried to escape and our team gave a dramatic chase to the rowdy and tried to nab him a constable Umesh who went to arrest him,the rowdy then attacked our constable Umesh with machete,discarding Inspector Prakash order to surrender,

The accused again tried to attack our constable then our Inspector Prakash opened fired at his leg with his service revolver in self defence and subdue the accused and was arrested and he is undergoing treatment at Victoria hospital and finally Bengaluru Police Commissioner,T.Suneel Kumar has appreciated,Addl CP Crime,Alok Kumar,DCP Crime-1,Girish S,CCB OCW,Rowdy squad ACP,Mariyappa,PI,Prakash.K,and Cosntable Umesh who has nabbed a notorious rowdy sheeter by playing on their life and he was wanted in more than 11 cases the exemplary and commendable job done by the team is highly appreciated he added.

Shaw youngest Indian to crack hundred on debut as India reach 232/3

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Prithvi Shaw became the youngest Indian to score a Test century on debut as India rode on the Mumbai teenager’s fluent 134 to post 232/3 at Tea against the West Indies in the first Test here on Thursday.

Shaw, at 18 years and 329 days, reached the historic three-figure mark off just 99 balls at the Saurashtra Cricket Association Stadium.

The record was previously held by Abbas Ali Baig, who at the age of 20 years 131 days, scored a half-century against England in Manchester in 1959.

Shaw is also the second youngest Indian ever to score a Test century after Sachin Tendulkar who cracked a ton at 17 years and 107 days in 1990 vs England in Manchester.

Shaw, who opened the innings for India, took 99 balls to get to his maiden hundred. His innings was laced with 15 boundaries.

Besides Shaw, Cheteshwar Pujara also scored a good looking 86 in his own backyard but missed out on a hundred.

Skipper Virat Kohli, who was all smiles when young Shaw raised his bat after reaching the milestone, was at the crease on 4 with vice-captain Ajinkya Rahane (batting 0) with Shaw offering an easy return catch to leggie Devendra Bishoo trying to play against the turn.

Shaw and Pujara added 206 runs for the second wicket as the tourists were sent on a leatherhunt for large parts of the second session.

Shaw’s innings was studded with 19 fours while Pujara hit 14 boundaries before poking at a length ball half-heartedly to wicketkeeper Shane Dowrich off pacer Sherman Lewis, who bagged his first Test scalp.

Earlier, Opting to bat, the hosts lost K.L. Rahul for a duck in the very first over of the two-match series as Caribbean pacer Shannon Gabriel caught the Indian opener in front of the wickets.

Brief scores: India 232/3 in 51 overs (Prithvi Shaw 134, Cheteshwar Pujara 86, Virat Kohli batting 4, Ajinkya Rahane batting 0; Shannon Gabriel 1/38)

IANS

Government cuts fuel prices by Rs 2.50/l

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With unrelenting increase in fuel prices, the government on Thursday decided to effect a cut in the prices of petrol and diesel by Rs 2.50 per litre.

Finance Minsiter Arun Jaitley announced at a press conference that the cut will be effected through slashing of excise duty to the tune of Rs 1.50 per litre, while the oil marketing companies will absorb the impact to the tune of Re 1 per litre.

(IANS)

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