New Delhi, Sept. 28: Despite being told off by the Supreme Court for holding more than one post in the Indian cricket setup, Mr N. Srinivasan is set to make a smooth transition from board secretary to president-elect at the BCCI’s 81st AGM in Mumbai on Wednesday.
Mr Srinivasan, the de facto owner of Chennai Super Kings, will take over the BCCI’s reins from next year when Mr Shahshank Manohar’s tenure ends. Mr Srinivasan represents South Zone while Mr Manohar was the Central Zone’s nominee.
This will also effectively snap suspended IPL chief Lalit Modi’s last link with cricket, with BCCI finance committee chief Rajiv Shukla replacing him as the board vice-president from Central Zone. West Zone’s incumbent vice-president Chirayu Amin will also be replaced by media committee chief Niranjan Shah. “There will be no place for Modi in any BCCI or IPL committee,” a board source said.
The other office bearers — Arun Jaitley (North), N. Shivlal Yadav (South) and Arindam Ganguly (East) — will retain their seats as they have a year left of their three-year vice-presidential tenure.
Source: http://www.asianage.com/india/srinivasan-bcci-chief-110
iPhone 4 orders exceed 200,000 in China
Labels:
Technology News
(Reuters) - Pre-orders for Apple Inc's iPhone 4 in China have exceeded 200,000 units since the handsets went on sale on Saturday, China Unicom said, adding that it has stopped taking online orders because of strong demand. About 60,000 buyers had received phones through China Unicom so far, the mobile operator said in a statement. By comparison, it took about six weeks to sell 100,000 iPhone 3GS handsets in 2009.
The iPhone 4 is being offered through China Unicom on a two-year mobile subscription contract and also through Apple retail stores in China, the world's largest mobile phone market with more than 800 million subscribers.
China Unicom, which counts China Mobile Ltd and China Telecom Corp Ltd as its competitors, is the sole distributor of Apple's iPhone in the country. Sales for previous generations of the iPhone were slow because of its high price.
(Reporting by Kelvin Soh; Editing by Chris Lewis)
Source: http://uk.reuters.com/article/idUKTRE68Q0GH20100927
Dedicated Common Wealth Games traffic lanes spell doom
Labels:
Commonwealth Games,
CWG,
CWG traffic,
Sports News,
traffic woes
New Delhi: Delhi commuters should brace themselves for a manic Monday, as the Delhi police have decided that the traffic advisory for Sunday will be effective on Monday as well.
This means, between 8 am and 8 pm on Monday, there will be a dedicated lane for Commonwealth Games athletes and officials.
The roads to be avoided are:
On Sunday, traffic on some roads which has exclusive Commonwealth Games lanes saw heavy rush as city police enforced restrictions on such stretches for 12 hours during the day.
A large number of traffic personnel were fanned out across the city to facilitate Commonwealth Games-related traffic as athletes are scheduled to visit practice venues spread across the city.
"To give facilitation to Games-related traffic, exclusive Games Lanes were maintained from 8:00 am to 8:00 pm on certain stretches of roads in Delhi," Joint Commissioner of Police (Traffic) Satyendra Garg said.
A traffic motorcycle blowing a siren and traffic personnel at intersections will inform people about the movement of Games-related traffic.
At the time of movement, people are expected to give precedence to Games-related traffic even on the roads where an exclusive Games lane is not operational at that time.
Anyone deliberately straying into the lanes while they are operational will attract a fine of Rs. 2,000.
These exclusive lanes were from Games Village to NH-24, turn left Ring Road upto Barapullah flyover, 4th Avenue, Lodhi Road, Safdarjung Road, Kamal Ata Turk Marg and Panchsheel Marg.
"The exclusiveness of Games Lane on this stretch will be maintained from tomorrow up to October 16," Garg said.
In addition to the above stretch, additional routes may also come for operation of exclusive Lane from the dates to be intimated later.
"All road users are expected to maintain the sanctity of the dedicated lane. They should avoid getting into the dedicated lane and if inadvertently they enter the lane, they should immediately come out of it," he said.
Till the intimation, public will be able to use Games Lane on other stretches for their movement except for the time when there is Games-related movement.
Source: http://www.ndtv.com/article/commonwealth%20games/dedicated-cwg-traffic-lanes-spell-doom-54986?trendingnow
This means, between 8 am and 8 pm on Monday, there will be a dedicated lane for Commonwealth Games athletes and officials.
The roads to be avoided are:
- Games Village to NH-24
- Ring Road up to Barapullah flyover
- 4th Avenue, Lodhi Road
- Safdarjung Road
- Kamal Ata Turk Marg
- Panchsheel Marg
On Sunday, traffic on some roads which has exclusive Commonwealth Games lanes saw heavy rush as city police enforced restrictions on such stretches for 12 hours during the day.
A large number of traffic personnel were fanned out across the city to facilitate Commonwealth Games-related traffic as athletes are scheduled to visit practice venues spread across the city.
"To give facilitation to Games-related traffic, exclusive Games Lanes were maintained from 8:00 am to 8:00 pm on certain stretches of roads in Delhi," Joint Commissioner of Police (Traffic) Satyendra Garg said.
A traffic motorcycle blowing a siren and traffic personnel at intersections will inform people about the movement of Games-related traffic.
At the time of movement, people are expected to give precedence to Games-related traffic even on the roads where an exclusive Games lane is not operational at that time.
Anyone deliberately straying into the lanes while they are operational will attract a fine of Rs. 2,000.
These exclusive lanes were from Games Village to NH-24, turn left Ring Road upto Barapullah flyover, 4th Avenue, Lodhi Road, Safdarjung Road, Kamal Ata Turk Marg and Panchsheel Marg.
"The exclusiveness of Games Lane on this stretch will be maintained from tomorrow up to October 16," Garg said.
In addition to the above stretch, additional routes may also come for operation of exclusive Lane from the dates to be intimated later.
"All road users are expected to maintain the sanctity of the dedicated lane. They should avoid getting into the dedicated lane and if inadvertently they enter the lane, they should immediately come out of it," he said.
Till the intimation, public will be able to use Games Lane on other stretches for their movement except for the time when there is Games-related movement.
Source: http://www.ndtv.com/article/commonwealth%20games/dedicated-cwg-traffic-lanes-spell-doom-54986?trendingnow
Air India to operate special flights for Commonwealth Games
Labels:
Commonwealth Games,
Sports News,
Travel News
NEW DELHI: Air India, the official carrier for the Commonwealth Games, will be operating two special flights from Auckland and Brisbane to bring in officials and athletes for the Games to be held from October 3 to 14.
The national carrier has deployed a 200-seater Boeing 777 long range for the Kiwi officials and athletes and a 282-seater Boeing 777 extended range for Australians. The special flight (AI-5411) will leave from Auckland on September 27, at 7pm IST and arrive at IGI airport on September 28, at 2.45am, an Air India official said. Similarly, flight AI-5417, will take off from Brisbane on September 29, at 9pm IST and will reach Delhi on September 30, at 4.55am.
Being an official carrier, Air India has kept around 2,500 seats for the athletes and delegates flying on its scheduled flights from various participating countries.
"Air India as the official partner for the 19th Commonwealth Games being held at Delhi, expects nearly 2,500 athletes and delegates to fly into Delhi on the scheduled flights from various commonwealth countries,'' an Air India spokesperson said.
Source:http://timesofindia.indiatimes.com/city/delhi/Air-India-to-operate-special-flights-for-Games/articleshow/6627790.cms
The national carrier has deployed a 200-seater Boeing 777 long range for the Kiwi officials and athletes and a 282-seater Boeing 777 extended range for Australians. The special flight (AI-5411) will leave from Auckland on September 27, at 7pm IST and arrive at IGI airport on September 28, at 2.45am, an Air India official said. Similarly, flight AI-5417, will take off from Brisbane on September 29, at 9pm IST and will reach Delhi on September 30, at 4.55am.
Being an official carrier, Air India has kept around 2,500 seats for the athletes and delegates flying on its scheduled flights from various participating countries.
"Air India as the official partner for the 19th Commonwealth Games being held at Delhi, expects nearly 2,500 athletes and delegates to fly into Delhi on the scheduled flights from various commonwealth countries,'' an Air India spokesperson said.
Source:http://timesofindia.indiatimes.com/city/delhi/Air-India-to-operate-special-flights-for-Games/articleshow/6627790.cms
Starbucks Raises Prices Following Increase in Coffee Costs
Labels:
Business News
The world’s largest café chain, Starbucks, has announced that it will raise the prices of its beverages in the coming months. Following increases in coffee costs, Starbucks’ chairman, president, and CEO Howard Schultz said that all this time the coffee chain has tried to keep the prices the same by absorbing the costs but will not be able to do so in the future.
The announcement did not include information, however, about which drinks will be priced more and by how much the prices would increase. Starbucks also plans to increase the prices of its packaged coffee, including beans sold in grocery stores. Some of the items on the menu may increase by as much as 33%.
It did say that the labor intensive, hard-to-make drinks would probably be the ones that will cost more. Even extras of anything are said to cost more in the future – an extra shot of espresso went from 55 cents to 70 cents and a shot of syrup to added to a latte rose 33 percent to 40 cents. However, the good news is that the prices of regular drinks are not expected to change much, and may even decrease. The tall, brewed coffee will still cost $1.50.
“This is as a part of our comprehensive approach to providing the value while balancing our business responsibilities,” spokeswoman Valerie O’Neil said at the time. Other coffee sellers have been raising prices, too. Prices for Folgers, Dunkin’ Donuts and Millstone brands made by the J.M. Smucker Co. rose an average of 9 percent last month, the company said.
Bill Gates Tops Forbes List for 17th Consecutive Year
Labels:
Business News
Microsoft founder, Bill Gates, has topped the Forbes 400 Richest Americans List for the 17th year in a row. His net estimate is said to be worth $54 billion. He is said to be up from last year by $4 billion. Chief Executive Officer, Warren Buffett of Berkshire Hathaway Inc. comes second with fortunes worth $45 billion. While worth $27 billion dollars, software company Oracle’s co-founder and CEO Larry Ellison is the third richest American.
Bill Gates is also one of the most generous richest people in the world has made donations of about $28 million. Most of his donations have passed through his Bill & Melinda Gates Foundation, which now has a $33 billion endowment, including contributions from billionaire buddy Warren Buffett.
Forbes said the net worth of its rich list climbed 8% this year to $1.4 trillion compared to $1.27 trillion last year. Wealth rose for 217 members in the list, while 85 saw a decline.
Forbes has announced that the Forbes 400 has a brand new look and with the latest version, people can stay in touch with America’s richest people with a new digital publishing platform. With this technology staff and “outside” contributors can add information to create content on Forbes.com.
The new website will enable people to keep track of stories of America’s richest people by following them and signing up for daily or weekly alerts. The new Forbes 400 also includes a completely redesigned Forbes magazine and a soon-to-be-released Forbes People List application for the iPad.
Blockbuster files for bankruptcy
Labels:
Business News
The online video rental chain, Blockbuster has filed for bankruptcy under Chapter 11. The company’s Chapter 11 petition in federal bankruptcy court lists $1.02 billion in assets and $1.46 billion in debt. Shares of Blockbuster fell 12 cents, or 29%, to 28 cents a share.
The company’s market capitalization now totals about $34 million, or just a fraction of its fourth-quarter revenue of $1 billion. The company reported an operating loss of $394 million in the period. During the Chapter 11 process, Blockbuster will continue to operate as normal. Once the dominant name in the movie rental business, the company is reeling from mounting losses, rising debt and competitors that have better catered to Americans’ changed media habits. Blockbuster faces tough competition from Redbox, which operates movie-rental kiosks in stores, and Netflix, which mails movies to subscribers and also provides digital streaming.
It is also struggling against the likes of Apple, which also rents out movies via its iTunes service. Blockbuster, which currently employs about 25,000 people, has been closing stores to keep up with the competition and plans to cut expenses by more than $200 million.
“After a careful and thorough analysis, we determined that the process announced today provides the optimal path for recapitalizing our balance sheet and positioning Blockbuster for the future as we continue to transform our business model to meet the evolving preferences of our customers,” Jim Keyes, Blockbuster’s chief executive, said in a statement.
The company has hired Rothschild, the law firm Weil, Gotshal&Manges and the consulting firm Alvarez&Marsal as advisers. Last month, Movie Gallery Inc., which also owns Hollywood Video, filed for Chapter 11 bankruptcy protection. It is liquidating at least 760 stores.
Subscribe to:
Posts (Atom)