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Posts: 1 posted today on 02: 35 PMReply with quote # 1 We are looking for sales oil field equipment we have lots of items including the in the title will sale for fair price if interested or know anyone who is interested
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Watch Gay couples marry Live In Seattle, Washington

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Snowflake Decor 2012

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Scott Mendelson: Weekend Box Office: play for keeps, the Moviegoing world bombs such as the Christmas rush wait

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School Lunches to be allowed unlimited meat, cereals, USDA Announces

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Diners Club called ' Fat Girls ' on check box chilly D Restaurant (VIDEO)

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Cats on treadmills: the ultimate compilation (VIDEO)

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Supreme Court Gay marriage cases Spark hope, fear

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New York Fracking rules: taking public comments on revised regulators Gas Drilling regulations

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Animal photos of the Week: Polar Bears, hummingbirds, Tiger Cub with Puppies and more photo's

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20 largest Pop Culture disappointments of 2012 (photos)

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Six good habits I learned from bullied as a Geeky child

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FLEX: nuclear industry contingency plan created to meet NRC rules

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Paul Krugman: Ryan Budget "A Fake Document '

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Boxer convicted of Michigan Credit Union robbery

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A few of the Countdown year: Beyonce and Jay-Z

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' Mehr, ' Iran's version of YouTube, hits the Web

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Scotland Yard contacted the Australian police About Kate Middleton 2DayFM Radio Hoax

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Stephen King offers writing tips to mass. students

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Elie Wiesel on how he a Bernie Madoff victim (VIDEO)

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' Community ' season 4 Wraps: Cast and Crew Tweet pictures of the last day of shooting

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' Chef ' Cookbook recipes by startup Tech luminaires tell how to make chocolates iPhones and more

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Typhoon Bopha let hundreds of fishermen missing In Philippines

Residents affected by Typhoon Bopha begging for help from passing motorists along a highway at Monte vista township, Compostela Valley in southern Philippines Sunday 9 december 2012. The number of missing in the wake of a typhoon that devastated parts of the southern Philippines has jumped to almost 900 companies lose contact after families and fishermen reported that with more than 300 fishermen in the South China Sea and the Pacific Ocean, officials said Sunday. (AP Photo/Bullit Marquez) Get world alerts: Sign Up follow: natural disasters, Philippines, Video, Philippines Typhoon, Bopha, Bopha fishermen missing, fishermen Missing, Philippines Philippines fishermen missing, Typhoon Bopha, Bopha, World News # news_entries # ad_sharebox_260x60 img

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Charles Boustany WINS: Louisiana 3rd District election results 2012

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Crime: protests in Puerto Rico and off of the island as ' Todos Somos Jose Enrique ' movement continues

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Cuba travel restrictions as Cuban-American can resistance Slackens, analysts say

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Body language: Get What You Want without saying a Word

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Wall Street bonuses should be lowest In years

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Gwen Stefani Marie Claire UK: Singer talks Balancing fashion career with motherhood (photo)

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Dmitry Medvedev, Russian Prime Minister, jokes about secret Alien, alien files

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Cooper Union, CUNY students Rally, hoping for spark of larger movement (VIDEO/photos)

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Hugo Chavez says Tests Show return of cancer; He will undergo surgery

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LAPD Notorious B.i.g. family: Police Department Apologizes To the family for autopsy lek

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Mitt Romney live boxing match of Manny Pacquiao-Juan Manuel Marquez

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Arianna Huffington: Sunday Roundup

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Juan Manuel Marquez Manny Pacquiao Knocks Out In 6th round (VIDEO)

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Best places to retire abroad: 12 great international locations to Call Home (photos)

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Mature and flown: why would I never want to see 30

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Katt Williams arrested In California

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Washington Gay marriage law of force

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Senior Discount Dilemma: Mr. Cool vs. Master savings

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Olivia Wilde shines In Gold (photo)

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Kate Middleton's pregnancy, Cameron Diaz Street Style and more Instagrams of the Week (photos)

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Best and worst beauty of the Week: Emma Stone, Alicia Keys, Amanda Seyfried and more (photos)

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' Unreasonable ' air fare hike: parliamentary panel orders probe

Examine rate hike. Reuters

He also said that the excess amount that the airlines have collected "in exorbitant passenger fares can be identified".

In her report tabled in Parliament last week, recommended the Standing Committee on transport, tourism and culture that "in the future all the airlines can be asked to their rates only with the approval of DGCA increase".

It said a "transparent" formula for the prices of airline tickets must be developed and "performed" within three months.

In response to the Civil Aviation Ministry comments that the DGCA a supervisory role and ensures that airlines rates of different categories, the Commission, headed by Sitaram Yechury, senior CPM leader said the recent initiatives of DGCA in this context "has not much answer of the travellers".

It also asked DGCA to ensure that airlines "do not indulge in unfair commercial practices in the establishment of air fares during festival and other peak seasons like the inconvenience of the travelling public".

This winter, peak season airfares increased by nearly 25-30 percent, mainly due to high jet fuel prices, with the Ministry asked airlines to publish the pricing system of different tariff plates including bos airlines tickets for sale.

The aviation regulator is a cell that regularly monitors the air tariff rates of all airlines on the basis of the lowest and the highest rate brackets submitted by the carriers themselves.

PTI

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Foreign direct investment in the telecom sector plunges to $ 43 mn in Apr-Sep

FDI down. Reuters

The experts said that in addition to the global economic slowdown, which has influenced the inflow, the sector is facing a lot of problems in their own country.

"The overall condition of the telecommunications sector is very critical. Industry is smaller in terms of margins and profitability and that is the main reason why foreign investors are shying away, "MOBILE PHONE industry body COAI Director General S Rajan Mathews said.

Another industry expert said that the initial euphoria of the sector now is over and the Government is now focusing on the promotion of the framework of the manufacturing part.

The decline comes at a time when economic growth has slipped further in the July-September quarter to 5.3 percent, raising fears that the delay can pull down the annual growth rate to a ten-year low.

Overall, foreign direct investment in India fell by about 33 percent to 12.84 billion dollars in the first half of this fiscal of 19.13 billion dollars in the year ago period.

Sectors which attracted significant FDI inflow during the first six months of this fiscal record services (3.04 billion dollars), metallurgical (685 million dollars), agriculture ($ 644 million) and car ($ 635 million).

For the period April-September India received maximum FDI of Mauritius (6.25 billion dollars), Japan (1.32 billion dollars), Singapore (1.12 billion dollars) Netherlands (968 million dollars) and the United Kingdom (592 million dollars).

The inflow had combined to 36.50 billion dollars in 2011-12, compared with 19.42 billion dollars in 2010-11 and $ 25.83 billion in 2009-10.

Decrease of the pressure on foreign investment the country balance of payments (BoP) and also could affect the value of the rupee.

PTI

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India's image has been hurt by scams: Ratan Tata

The outgoing Chairman of the Tata group Ratan Tata is "rattled" by India's current image from scams and retrospective taxes. Reuters

"This leads to a large degree of uncertainty. Never before has India that kind of image. So that really rattled me because then anything can happen, "said the Tata patriarch.

India should give an ' irreversible commitment ' that law of the land has sanctity and the consent of the Government cannot be taken lightly, he stressed, adding "India would otherwise be taken lightly".

Despite the fact that criticism of the current situation, sounded Tata very optimistic about the future of India as an economic power.

I welcome the recent steps taken by the Government to promote investor confidence, Tata said: "what they did recently to foreign direct investment and other things, I think, will again a degree of trust".

While these steps may have had a "big" positive impact was not enough, he said.

"There will have to be done to ensure that the efforts of human laws that are built, the legislation is in place, is here to stay. If it is changed, it must be changed in a rational way to announce a prospective and not retroactive change, "he said.

With a description of FDI in multi-brand retail as an important step, said Tata that in the area of the consumer with a possibility to choose would help, hopefully at a lower cost. "If they do not then the model failed."

Tata had words of praise for the Prime Minister Manmohan Singh describes him as a leader of high integrity and architect of the reforms of 1990.

"In my opinion is that the PM had to move. If he was attacked from all sides … do you nothing after that. If you want him to do something and you attack him from all sides, would then in all probability he did not not do it. "

Answering a question about crony capitalism, said the Tata President that it was becoming a problem, not only in India but worldwide. India was not a leader in this but "we are very prominent".

He said crony capitalism leads to a situation of the rich get richer and the poor getting poorer. This inequality leads to an unhealthy situation in which power is focused in certain pockets and a "skewed" competitiveness, he said.

Tata said that the problem of crony capitalism can be done away with in principle by the law implemented in the spirit. "There is nothing wrong with the laws that we do. What we have unfortunately tend to do in India is we make laws, drafting of which is quite OK, but enforcement of it is bad, "he said.

He added that non-compliance or violation of the law a new legislation in place which everyone brings blocks as if all offenders. "But the offenders continue to work because enforcement is still inadequate. So now you have a very biased legislation that is replaced by a good one that makes it for you to operate legally impossible or very difficult for you to operate and accentuates more the situation, "he added.

"If we stronger legislation, without exceptions based on who you are or who you know, then I think crony capitalism would finally had his own limit," he said. Asked if the problem was worse, Tata said, "Yes. It's just an observation, I have no facts or figures to prove it. "

To a question about his statement that the structure of the Indian values and ethics slowly, especially in business backwards was, he said, handle "I to that view."

Elaborating, he said that he thought the system was partly responsible for that because if a company follows a system of values than operations certainly were much harder than they were "If you meet the standards that exist today meet would be".

"So certainly the softer option is to be a part of the system and you move to a lower level and so it becomes a snow-balling effect. And we consider that what we do that is from the line is ok and it should happen, "said Tata.

To give an example, he said there would be quite a sound 30 or 40 years ago as a man broke a queue in a cinema house to get a ticket out-of-turn. "But today if someone barges in nobody will dare to say something and he gets what he wants and ten tickets and they will be a House. He could be a black marketer and sell tickets. He can do what he can do. So nobody likes him. "

"Ultimately what happens is that the small man says that a little money is good to get to the front of the line. Soon it becomes a normal thing. And that I think is what happened in the 50 years of independence, "he said.

Asked if that also happened in the industry, Tata said that if there is a product in short supply some companies exploit that will make money. Some dealers, distributors and intermediaries also earn money.

"We have that kind of situations. It's not that we have enforcement directive which now comes to us and says that the maximum sale price is such and such and we will sue you, if you were violated. "

PTI

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Equity crunch: Govt, not to abolish can lower airport fees

Delhi airport. Reuters

But while the AAI has agreed with the infusion of more equity, GMR has said that it cannot bring in more resources, because his lenders not promote more loans.

Left with no other choice but to compromise, to abolish the Ministry may not ADF all together in Delhi from 1 January, as promised.

A senior Ministry official told Firstpost, ADF may be reduced or even abolished but no final decision can be taken, unless the airports economic regulatory authority (AERA) takes a position. "the case before us AERA. In the case with a fresh consultation document AERA in the coming days, means that AERA is prepared to reconsider its position. In that case, the ADF can be reduced. But lets wait and see what happens ".

If Delhi gets to continue lifting ADF for more, would even the developers of Mumbai Airport try this option.

ADF is a method to bridge the gap in each airport project financing. The expected financing deficit for Delhi International Airport (DIAL) is probably Rs 1500 crore if ADF is repealed with effect from January.

Delhi and Mumbai airports (which is also a PPP-model airport with the majority partner GVK-led consortium) were allowed to collect the levy on an ad hoc basis for 36 months.

Departing domestic passengers pay Rs 200 and Rs 100 at airports, Delhi and Mumbai, while flying abroad Rs 1,300 and Rs 600 pay respectively as ADF.

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Tatas just to get in the airline business: Ratan Tata

Tata Group Chairman Ratan Tata. Reuters

"It's a bit like telecom. It was developed by many operators some of them in financial problems. I would hesitate to go in the sector today in the sense that the chances are that you would have a lot of competition that would be unhealthy competition. "

Asked if he worried about "cut throat" competition, Tata responded in the negative was but went on to say, "cut throat competition which is done to you is devastating competition.

"Overseas people go bankrupt or companies go bankrupt. They never operate here they sick and still continue. Then they are active to kill you. "

When the Tata Group chief was asked about the veracity of the story that someone had asked him to pay Rs 15 crore as bribe to erase the Tata-SIA deal, he said, the story was correct but it was not the Minister than civil aviation who had asked him to pay directly.

It was a businessman who "told me why don't you pay. This is what the Minister wants to ", he said.

What was the Tata response to the businessman?

"I told him that you don't understand. That's not how we do business. Everything he said to me was, ' Look if you want the airline this is what you should pay. You know the Minister wants — Rs 15 crore. "

Tata recalled that after the takeover as Chairman in 1991, he had drawn up a strategic plan which he had seen aerospace and defence a new area for the private sector in a big way.

"For several years, the fact that we are different types of sanctions had on us, gave us no access to technology and that in itself was a challenge."

But that challenge was never thrown to the private sector that was a "bit of a disappointment for me," he said.

Vested interests in the public sector and government laboratories do not not of these areas to the private sector. Therefore, while these areas have opened up, involvement of the private sector is still very limited, he said.

PTI

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Police question son Subhash Chandra, second day

Sea group parent Subhash Chandra. Agency

Chandra and Puneet came to crime branch at around 1.30 pm today. On Saturday, had the trial until 11: 30 hours.

Sudhir and Samir Ahluwalia, Chaudhury editors sea who had his two-day police custody by a judge remanded until today, were brought with the Crime Branch takes care of last night where Chandra and his son were questioned.

Chandra had secured a provisional protection against arrest until 14 December a Court of Delhi.

In a late night statement yesterday said Sea Group and extended full cooperation to the Puneet Chandra Delhi police so that truth appears.

"We expect justice and a fair investigation. The most complete cooperation ended attempted wrong-impressions that Mr Chandra and Goenka were avoiding participation in the investigation, "it said.

"Now that Chandra Goenka acceded, police investigations and have no ground to oppose the bail of the two editors" sea News Ltd. counsel Vijay Aggarwal said.

In questioning yesterday, sources said Chandra and Puneet denied the accusations and claimed that it was an attempt to scuttle news posts about the Coalgate scam.

The sources said that Chandra was asked whether Alhuwalia had called him and informed him of the discussions with Jindal's company.

Police had claimed that phone call records to show that Alhluwalia Chandra had spoken for nearly three minutes to explain the discussions.

PTI

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