Coimbato re -based industrial-ist RajshreePathy electedas a Chairper-son of Confed-eration of IndianIndustry’ (CII)southern chap-ter for 2015-16.

Rishad Premji,the elder son ofbillionaire AzimPremji, has ap-pointed as Di-rector of Wipro-India. He is MBAfrom HarvardB u s i n e s sSchool.

Rajeev Menon ,currently AreaVice-President -South Asia is totake over as theChief OperationsOfficer for MarriottInternational inSouth-East Asia& Pacific.

Corporate & Public Sector

CMD of BHELB. Prasada Raoseems to be spe-cial for PM. AsRao was the onlyCMD of any PSUwho accompa-nied the PM dur-ing his recentforeign visit.

The order forappointment ofArun Srivastavaas CMD of IOBis expected tobe issued earlynext month. Heis presently EDof the Bank ofIndia.

GulzarNatrajan,IAS, (99),Andhra Pra-desh appointedas a Director inPrime Minister’sOffice.

A r v i n dAgrawal, IAS,(84) is the newPrincipal Secre-tary ,TourismDepar tment ,Govt. of Gujarat.

C. SudharsanReddy, IAS(2002), AP ap-pointed as a PSto Bandaru Datt-atraya, MoS forLabour.

Bureaucracy

Rajiv RanjanVerma, IPS (78),BH appointed asa Director Gen-eral, RailwayProtection Force,Railway Board.

Anil Shukla, IPS(96),UT is pos-ted as InspectorGeneral, Na-tional Investiga-tion Agency(NIA).

IT dept. publishes 31 defaulters’ names13 are from Hyderabad

Income Tax department published a list ofanother 31 defaulters, who collectively owe morethan Rs.1,500 crore in arrears.Among the bigdefaulters of in the latest list are Hyderabad-based Totem Infrastructure (Rs.401.64 crore),Pune-based Patheja Bros Forging & Auto PartsMfg Co(Rs.224.05 crore), Hyderabad-basedRoyal Fabrics (Rs.158.94 crore) and Mumbai-based Home Trade (Rs.72.18 crore).

Among cities, Hyderabad provides the mostdefaulters in this list with 13 names, followed byAhmedabad at six.

May, 20152MIDNIGHT REPORTER

IASPokharna Director,Ministry of Culture

Deepika Pokharna has been appointed as Director in theMinistry of Culture. She is a 1997 batch ITS officer.

Narula MD,ITDCThe Government of Jammu & Kashmir has relieved Umang

Narula of cadre responsibility enabling him to join central depu-tation as Chairman and Managing Director, India Tourism De-velopment Corporation (ITDC) under the Ministry of Tourism.He is a 1989 batch IAS officer of J&K cadre.

Anita Karwal may join EC in DelhiBuzz in the corridors of power is that Anita Karwal, a 1988

batch IAS officer of Gujarat may join the Election Commission ofIndia (EC) as deputy election commissioner.Karwal is alreadyempanelled as joint secretary and has also sought permissionto go on deputation on the ground that her husband, IPS officerAtul Karwal, joined the CRPF in Delhi a few months back. Cur-rently, she is Chief Electoral Officer (CEO) of Gujarat.

 Major bureaucratic reshuffle by MHANew Delhi:The Union home ministry has  transferred senior

IAS officers of the AGMUT cadre,  1988 batch IAS ChetanSanghi, who is currently posted in Puducherry, has been trans-ferred to Delhi and is likely to be appointed as chairman of theNew Delhi Municipal Council.1992 batch IAS officer S.C.L. Das,Arun Baroka (1990), S.S. Yadav (1995) and Kunal (2005) havebeen transferred from the Delhi government and Parimal Rai(1985) has been posted back from Goa to the city administra-tion. While Das currently holds the charge of principal secretary(health), Baroka has charge of principal secretary (PWD) in thecity government. Both Das and Baroka have been transferredto Andaman & Nicobar. Delhi’s food and supplies commissionerS.S. Yadav has been transferred to Puducherry. All these three offi-cials are relieved.East district magistrate Kunal and his wife SumanGoel (both 2005 batch officers) have been transferred to Goa.

Sanjay gets extentionSanjay Bandopadhyay IAS (MP:88)  Joint Secretary, Minis-

try of Road Transport and Highways, gets extension of threemonths after his term was extended tenure beyond June 2015.

Satapathy CVO,DDA & Shailesh CVO,SAILJharkhand cadre IAS officers S K Satapathy and Shailesh

Kumar Singh have been appointed as Chief Vigilance Officer(CVO) in Delhi Development Authority and Steel Authority ofIndia Ltd, respectively. Satapathy, a 1986-batch IAS officer, hasbeen appointed as CVO of DDA till February 28, 2018, the dateof his superannuation.Singh, who belongs to 1991-batch, hasbeen appointed as CVO of SAIL for a period upto April 15, 2017.

Murmu, Joint Secretary Dept. of ExpenditureSenior Gujarat bureaucrat GC.Murmu,a 1985-batch IAS

officer of Gujarat cadre, considered a close confidant of PrimeMinister Narendra Modi, has been appointed as Joint Secretaryin Department of Expenditure. Murmu was the Principle Secre-tary to Modi during his tenure as Chief Minister. He is tipped tobe the new Director of Enforcement Directorate, a post addi-tionally under the charge of Rajan Katoch, after he is empanelledas Additional Secretary. 

Alka to join NITIAlka Tiwari has joined as Adviser in the NITI Ayog. She is a

1988 batch IAS officer of Jharkhand cadre

Mehta Commissioner,BMCAjoy Mehta has joined as new Commissioner of the Bombay

Municipal Corporation. He is 1984 batch IAS officer ofMaharashtra cadre.

Government of India appointments......

Bureaucracy

IPSSharma, Prasad AppointedJoint Directors In CBI, TenureOf 6 Others Extended

New Delhi: A K Sharma and Amrit MohanPrasad were appointed as Joint Directos inthe CBI for period of five years. Sharma, a1987-batch Gujarat cadre IPS officer, who iscurrently posted as Special Police Commis-sioner of Ahmedabad crime branch after hispromotion as Additional DGP.

Prasad, a 1989-batch Odisha cadre IPSofficer, who is currently posted as chairman of Odisha PoliceState Council Board (PSCB). Meanwhile, the tenure of six JointDirectors has been extended. Thus, the tenure of KeshavKumar, Prabodh Kumar, R P Agrawal, Sunil Kumar Jha,Arunachalam and Rajeev Sharma got the extention.

Tayal to succeed Verma?R.C.Tayal is likely to succeed R R Verma as

DG - NCRB. He is 1980 batch IPS officer ofAssam-Meghalya cadre. Verma is now DG RPF.

Who will be the next DGof Kerala

Who will be new DGP of Kerala? Tie is said to be between1982 batch IPS officer, Mahesh Kumar Singla and 1983 batchIPS officer, T P Sen Kumar.

Atwal in BSFSatvinder Atwal Trivedi, a 1997 batch IPS officer of HP

cadre has joined BSF as DIG. She is the first woman IPS whohas been posted in BSF.

Prakesh Shifted To Kollam AsCity Police Commissioner

Thiruvananthapuram: In a minor re-shuffle of IPS officers in Kerala, P Prakesh,Assistant Inspector General of Police(HQ), has been shifted to Kollam as CityPolice Commissioner.

Prakesh, Assistant Inspector Generalof police (HQ), was transferred in place ofV Suresh Kumar, who was moved as Su-perintendent of Police, Alappuzha, an offi-cial release said here today. The incum-

bent Superintendent of Police Alappuzha K K Balachandranwas posted as Assistant Inspector General of Police (PublicGrievances), in place of Steesh Bino, who has been posted asAssistant Inspector General of Police (HQ).

“Kori Sanjayakumar Gurudin, who is waiting for postingafter repatriation from central deputation, is posted as DeputyCommissioner of Police (Law and Order and traffic),Thiruvananthapuram City in the existing cadre vacancy,” it said.

IFSMohan Kumar Ambassador to France

Mohan Kumar, currently India’s top envoy to Bahrain, hasbeen appointed as the next Ambassador to France to succeedArun Kumar. A 1981-batch IFS officer, Mohan Kumar is expectedto take up his assignment shortly, External Affairs Ministry.Narayan transferred to Hong Kong

Indian Foreign Service officer, Narayan Singh has beentransferred to Hong Kong (A) in place of Bharat K Kuthati.

Click of the SeasonMay(MR)The T police force head Anurag Sharma is al-

ready in discussion for his superb inning and now the officeris on screen for his above awesome click,for which ourteam was looking from a long time.And coincidently find itwith one of his fan, who has a good collection of hisphotographs.That’s the reason we said it as ‘click of theseason’.The brown-crown affair...! Coming back the newsthe last month was full of operations and conversations. Toohot, but the rains made the atmosphere cool.....!

Chandra’s CharismaMay(MR)Senior IAS officer K.Pradeep Chandra is on a

crucial post.He is the new Special Chief Secretary to Gov-ernment, Finance Department, as earlier the officer servedas Spl. CS to Government, Industries and CommerceDepartment.The officer is known for his hard work and vi-sionary thoughts, the reason behind his key positions.Nowthe new posting is a challenging task for the officer, but goingby his profile and working style an excellent tenure is ex-pected from his side.Let’s keep our fingers crossed to watch‘Chandra’s Charisma’.

Ajay ‘Rocking @ Revenue’May(MR)It’s a change ! Now the dynamic officer Ajay

Mishra is rocking at revenue department, as the officer re-cently took over as a Principal Secretary to Government,Revenue (Excise & CT).The officer served as a Prl. Sec., toGovt. (Poll),GAD for couple of times, where he showed hisability and proved himself as one of the best officer.As perthe sources the officer started his work from the first day oftaking the charge and surely it will be an another excellenttenure from his side.

That’s AcharyaMay(MR)The versatile officer B.P.Acharya, who is the Prin-

ciple Secretary of Planning & Tourism department is given theaddl. charge of I&PR department in the recent reshuffle.Truerecognition of his ability and commitment, the reason for the gov-ernment to give him the addl. charge of the most crucial postwithout any second thought. That’s Acharya....!

Jayesh charm continuesMay(MR)The most preferred officer Jayesh Ranjan is on

screen and for this time he is in discussion for his new posting.Theofficer took over as Secretary to Government, IT,E&C Depart-ment, earlier he served as VC & MD, TSIIC.It is to be noticed thatthe officer has served on all key posts so far and yet again he isdoing the same.That’s the reason we said that Jayesh charmcontinues....!

‘Big Bonanza’ for ChandravadanMay(MR)Ultimately the officer R.V.Chandravadan got the plum

posting.The officer who was serving in I&PR and Labor Depttook over as Commissioner,Prohibition & Excise recently. As perthe sources some of the officers were trying to grab this post, butfinally the government selected RV’s name for the posting.That’swhy we said ‘Big Bonanza’ for Chandravadan.

Believe it or not !May(MR)The CCS police have registered a criminal case against former addl. director

general of police Madanlal for allegedly duping a person by promising to secure a PG Medicalseat for his son for Rs. 70 lakhs in a private college.This news wondered the entire officersfraternity.When questioned, none of the officers commented on this issue.Ultimately believe itor not, but one has to be alert while dealing with this kind of matters.Don’t believe blindly, whoever whatever he may be.....!

* The Government of Jammu & Kashmir has relievedMs.Kritika Batra to join the Government of Andhra Pradesh oninter-cadre transfer. She is a 2013 batch IAS officer of J&Kcadre.

May, 20153MIDNIGHT REPORTER

Just a change for Rajiv SharmaMay(MR)After a big gap the T chief secretary Rajiv Sharma

got an opportunity to take a break from his daily routine.Don’t saywow ! It was an official one.The officer was on a trip at AddisAbaba, the capital city of Ethiopia for four days recently.He at-tended a meeting of Governing Board of International Crops Re-search Institute for the Semi-Arid Tropics. Might be a good trip,which was just a change for him in between the hectic workinghours.

Shalini is on ‘Big Role’May(MR)Senior lady officer Smt.Shalini Mishra is on a big

role, as the officer is the new Commissioner of HMDA. Afterexpressing displeasure over the HMDA , CM has appointed heron the said post.If we are not wrong Smt.Mishra is the first ladyofficer to be the Commissioner of HMDA.As per the sources thelady officer’s priority is to give a now look and a new hook to theauthority, though some of the task are not easy, but again she isall set to face it with full confidence. Let’s be positive and conveyour best wishes to her....!

Superior SardarMay(MR)Officer Harpreet Singh, the superior sardar got the

new posting in the recent resuffle.The officer did the fabulous jobin IT,E&C Department for a quite long time.One has to appreciatehis services, which was constructive and effective for the ITsector.Now the officer took over as Secretary toGovernment,LET&F department, where already he started work-ing hard . ‘MR’ convey its wishes to the officer.....!

Anand’s awesome fandaMay(MR)Cyberabad police chief CV.Anand’s ‘Good Citizens

Award’ is a awesome funda to make the people more responsibleand a real hero.This practice of recognizing the efforts of citizenswhenever they go beyond to help police in catching criminals, inmaintaining peace or to give vital information is justremarkable.This step really means and off course a result ori-ented one.

Raj @ GADMay(MR)Vikas Raj, the new officer entered at GAD as a

Secretary to Government (Poll.),which is known to be one of thecrucial posts.If we are not wrong the officer has also served as aMD of APSFC and he was quite in discussion among entrepre-neurs for his vision and thoughts.Now in GAD the officer will lookinto the matters of civil servants , awards and other importantsubjects.

Shailaja ‘On Screen’May(MR)The lady officer Smt. Shailaja Ramaiyer, is the new

Secretary to Government, Women, Children, Disabled & SeniorCitizens Department and she will be also be holding the additionalcharge of the post of VC & MD, Handicrafts Development Corpo-ration. We have mentioned in the earlier editions of ‘Midnight Re-porter’ about her working style and the sincerity.That’s the reasonthe lady officer is most preferred for this important postings. ‘MR’convey best wishes to her....!

Sandeep set to dig deepMay(MR)Sandeep Shandilya,IG is all set for the detailed probe

of the Alair encounter. He will be heading the probe and now all thecameras are on his six-member special investigation team.If weare not wrong the officer also played a lead role to investigatesome of the major incidents earlier. That’s the reason the govern-ment announced his name.So, lets wish the entire team for thequick report, till then raat baki and baat baki....!

Cop on the spotMay(MR)Whenever it will be ‘hal-chal’ in the city, then it’s a

sure that Anjani Kumar, Addl. CP (L&O) will be on the spot to faceand motivate the entire team. Numbers of times this officer isbeen captured by the cameras while facing the criticalsituations.That’s really encourages the other cops if their seniorofficer rubs his shoulder with them.Check out his one of the recentpicture clicked during security arrangements at old city. Kya gazab…!

Akun’s trailerMay(MR)The young officer Akun Sabharwal is again in

action.Soon after taking the charge as Director,Drug Control Ad-ministration the special teams conducted the raids on the in-house pharmacies of 11 major corporate hospitals to check theviolations.This step has shaken the entire hospital industry, es-pecially the managements of corporate hospitals. If it is just atrailer from the officers side then just imagine how would be thefirst half, second half and the climax.

Vijaya slogan ‘Jai Kisan’ May(MR)The Prakasham District Collector G.S.R.K.R.Vijaya

Kumar is the new Managing Director of A.P. State CooperativeMarketing Federation, the federation which plays a vital role inhelping the farmers to gain better price for their produce andfarmer other activities.So, now the officer is all set to work for therights of the farmers with a slogan ‘Jai Kisan’.

SS is back on jobMay(MR)After a break,the tough lady officer is back on the

job.We are talking about IAS officer Smt.Sujatha Sharma, who gotthe new posting as Collector & District Magistrate, PrakasamDistrict.The lady officer work is still in discussion at AdilabadDist.,where she served as a Jt.Collector.This shows her commit-ment and working style. Best wishes to the officer…!

What an InspirationMay(MR)AP government is much inspired with ‘Swachh Bharat

Abhiyaan’ and constitution of ‘Swachh Andhra Corporation’ is thebest example of it, which comes under Municipal Administration &Urban Development Department.In the recent reshuffle the gov-ernment also appointed officer D.Muralidhar Reddy as the Man-aging Director of the Corporation and after knowing the Modi’sabhiyaan every one can imagine what might be the mains aims ofthe Corporation.

VK : Right ChoiceMay(MR)In the recent reshuffle officer T.Vijay Kumar is posted as a Special

Chief Secretary to Government (Agriculture), Agriculture & CooperationDepartment,AP.Why we said ‘right choice’ because the officer worked for years inRural Department, in fact he was heading an autonomous society of the StateGovt., Society for Elimination of Rural Poverty (S.E.R.P) for around ten years.Hisearlier profile and work experience will definitely help him a lot to do wonders atAgriculture department.

Sujatha : Amazing OfficerMay(MR)The SCB revenue is increasing, in fact board is getting its encroached

land bank back and that’s because of the hard steps and routine efforts of the ladyofficer Sujatha Gupta, who is CEO of SCB.She is an amazing lady officer, who isknown for her toughness and result oriented steps.Just not only the board em-ployees, but many of the residents do vouch her daily works and congratulateher.What else an officer wants .....! More over now the house numbering project ison cards, which will be in news very soon with a magical impact.This is a realhappening, rest all baseless talks & rumors.

City Chief mobile maniaMay(MR)The city chief M.Mahendar Reddy’s ‘mobile mania’ made more things

possible,much easier and too better than ever.As already the common public isusing the Apps on a large scale and feeling much comfortable.Now another newsis about the recently launched mobile app called ‘Hyderabad City Police-LostReport”, which will be useful for reporting to police about loss of documents/articles and for obtaining a digitally signed report online from the police for applyingduplicate documents and for claiming insurance of articles including mobiles.Wow! what an idea.

KK @ RailwaysMay(MR)The IPS officer K.R.M.Kishore Kumar is posted as ADG,Railways

(AP) recently,as the officer was serving as a Spl. Director at RBVRR APPA earlierto the posting, in fact the officer also worked in APSP battalions for long time.

Rajendranath @ Housing CorporationMay(MR)IPS officer Kasireddy V.R.N.Reddy took over as the new Vice- Chair-

man & Managing Director, A.P. Police Housing Corporation.The sincere and hardworking officer worked on the significant posts and finally after the cadre allotmenthe got the posting according to his profile.So, keep the fingers crossed to knowmany more new initiatives from his side.

‘Dhoom’ performance by new babusMay(MR)The young officers are making rounds with their

speedy and sincere work in most of the departments.If we talkabout RR district collectorate,the Jt. Collectors Rajit KumarSaini and Amrapali Kata are working amazing under their supe-rior M.Raghunandan Rao,Dist Magistrate.

The young officers have put all their efforts during unex-pected heavy rains, swine flu & bird flu, in fact their punctualityand their hard work is in discussion among the staff, visitorsand the common public.Their hard work and working stylewithout compromising has to be applauded and has to appreciated.

May, 2015MIDNIGHT REPORTER 4

Public Sector India to invest $6 bn more in Mozambiquegas block : Pradhan

 In addition to the $6 billion already invested, Indian oil com-panies are slated to invest another $6 billion in stages by 2019 inMozambique’s Rovuma Area 1 offshore block, Petroleum Minis-ter Dharmendra Pradhan. “In Mozambique, where I have justconcluded my official visit, we have invested more than $6 billion.Another $6 billion will be invested to develop Rovuma Area 1field,” Pradhan told reporters here. State-run ONGC Videsh Ltd.,Oil India and Bharat Petroleum Corp have bought 30 percentstake in this Mozambique gas block and will also participate in theLNG project. “The early monetisation of Rovuma Area 1 in off-shore is a priority. But we must also respect the sovereign lawsand rules of that country,” he added. Describing Mozambique,situated on the eastern coast of Africa, as an important destina-tion from the standpoint of India’s energy security, the oil ministersaid a joint working group, which was decided to be set up inNovember 2014, met in Mozambique during his visit. “In August,a high-level delegation from Mozambique’s oil and gas sector willcome to India, which signifies the close ties,” he said. On liquefiednatural gas (LNG) imports from Mozambique, Pradhan said the

first shipments are expected to come by 2019, and the operator consortium has already begun talks with Indianutilities like GAIL regarding supplies. During his official visit on April 9-10, besides meeting Minister of MineralResources and Energy Pedro Couto, Pradhan also met Foreign Minister Oldemiro Baloi and called on Prime MinisterAgostino Rosario. Mozambique plans to produce 34 million tonnes of liquefied natural gas annually from its biggestgas field. Ten LNG terminals are likely to be set up, each with a yearly capacity of five million tonnes of gas. US-based Anadarko Petroleum Corp is the Rovuma 1 project operator. Other partners include Empresa Nacional deHidrocarbonetos EP of Mozambique, Mitsui of Japan and PTT Exploration and Production of Thailand. India cur-rently has 18,000 MW of power-genration capacity lying idle due to shortage of gas, with another 10,000 MW in thepipeline awaiting commissioning.

BHEL participates in Hannover Messe 2015BHEL participated in Hannover Messe

2015 held recently in Germany. NirmalaSitharaman, Union Minister of State forCommerce and Industry (IndependentCharge) visited BHEL’s pavilion.She wastaken around the pavilion by B. PrasadaRao, CMD, BHEL. During her interaction withBHEL officials, she appreciated BHEL’s ef-forts in technology development and inno-vation. Also, present on the occasion wasR. Krishnan, Director (HR), BHEL.

BHEL commissions 250 MW Ther-mal Unit in Gujarat

Bharat Heavy Electricals Limited(BHEL) has successfully commissioned a250 MW coal-based thermal power plant inGujarat. The unit has been commissionedat Gujarat State Electricity Corporation

Limited’s (GSECL) Sikka Thermal Power Station (TPS) by BHEL, on EPC basis. Sikka TPS is located near Jamnagar,one of the major industrial towns of Gujarat. Two units of 120 MW each, supplied and executed earlier by BHEL arealready in operation at Sikka. Another 250 MW unit, presently under execution at Sikka TPS, is also in an advancedstage of commissioning. The sets of this rating class, supplied by BHEL, are considered significant in the Indianpower sector. BHEL has so far contracted 251 sets of this rating class.GSECL has also recently entrusted BHELwith an order for setting up an 800 MW supercritical coal-based project at Wanakbori, on EPC basis. BHEL’s installedbase of over 150,000 MW of power plant equipment coupled with its rich experience makes it a choice of utilities inthe country.

Piyush Goyal flags off NTPC Mobile Science labs

NTPC the largest power utility of the country is introducing Mobile Science Lab (MSL) a vehicle fitted with LCDTV carrying working Science Models emphasizing curiosity based learning for children in rural India. It is an initiativeto revolutionize rural education and make hands-on learning accessibleamongst underprivileged children.

The three Mobile Service Labs were flagged off by Piyush Goyal Minister of State for Power, Coal and New &Renewable Energy i/c , Government of India in the presence of P.K. Sinha, Secretary Power, Govt. of India Dr. ArupRoy Choudhury, CMD, NTPC, U.P. Pani , Director (HR) and senior officials of Ministry of Power and NTPC from NewDelhi. These three Mobile Science Labs shall be deployed at NTPC’s ongoing projects at Darlipalli, Pakri Barwadihand Kahalgaon through Agastya International Foundation. Each Mobile Science Lab will cover a set of about 20schools around NTPC projects generating about 16000 student exposures per year. More than 1,40,000 studentexposure will be generated in  three years  enhancing level of curiosity and creativity among children. The instruc-tors for mobile science lab will be from neighborhood community.

NTPC Signs PPA with AP Power Utilites for Ultra MegaNTPC Limited and the Andhra Pradesh power utilities Andhra Pradesh Eastern Power Distribution Company

Limited (APEPDCL) and Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) signed apower purchase agreement(PPA) for procurement of power to be generated from the 250 MW solar power plant, thefirst phase of the 1,000 mw ultra solar power project being set up by NTPC in Anatapur District in Andhra Pradesh.

The PPA was signed in the presence of I. J Kapoor, Director (Commercial), NTPC, Ajay Jain, Secretary, Energy,Govt. of AP, Vijayanand, CMD, APTRANSCO, R.Venkateswaran, RED(South) today in Hyderabad.

CMD REC. lays foundation stone of RECWorld Headquarters

Rajeev Sharma, CMD, REC laid the foundation ofREC World Headquarters Building, Plot No.1-4, Sec-tor 29, City Centre , Gurgaon, near IFFCO ChowkMetro Station. It is a BIO-CLIMATIC building whichresponds to effects of climate condition on the buildingform to evolve its shape.

The total area of the HQ building is 18,580 squaremetres. The foundation stone laying ceremony wasattended by all employees of REC.

Power plants to be soon allowedto swap coal supplies : Goyal

New Delhi The government is workingon a policy to allow power generating com-panies to swap fuel linkages so as to clearbottlenecks in coal supply, Power and CoalMinister Piyush Goyal said.

“We are looking at soon coming outwith a policy where state generation firms,central PSUs and companies in the privatesector, all will be given the approval to soonto swap coal inter se their various plants,”Goyal told reporters on the sidelines of the“MindMine” conference here. He said sucha move will benefit “particularly those(projects) at the pithead where it is easierto transmit coal and reduce the PLF (plantload factor) of the inefficient plants”. “There

is a challenge that I am trying to sort out which is that different plants havecontracted sales to different states. When we increase production in oneplant and bring it down in another, we have to ensure the transmissioncapabilities to disseminate that power,” Goyal said. “We are working on thatbut I am fairly confident we will resolve that issue,” he added. He further saidif two different companies want to swap coal supplies they will have to getpermission so as to ensure that there is no misuse and no windfall gains orprofiteering is involved.

HUDCO RegistersExcellent PerformancePERFORMANCE AND ACHIEVEMENT HIGHLIGHTS

Housing & Urban DevelopmentCorporation Ltd. (HUDCO), the pre-mier techno-financing CPSE underthe Ministry of Housing and UrbanPoverty Alleviation has completed yetanother successful year in the ser-vice of the nation. For the financialyear 2014-15, HUDCO has postedanimpressive ProfitAfterTax (PAT) ofRs. 777 crores (provisional) asagainst Rs. 726.34 crores duringFY2013-14 with 6.97% increaseover last year. The total Sanctionsfor the year have also been 31%higher with total sanction of Rs. 21094crore against the MoU target ofRs.16100 crores. In respect of dis-

bursements, a total amount of Rs 8100 crore has been disbursed againstthe target of Rs 7300 crore registering 111%. With this, the cumulativedisbursements has crossed One lakh crore rupees and it is a major milestone. A total of 4.86 lakh residential units have been sanctioned for varioussections of the society, against the annual target of 4.23 lakh units for theyear 2014-15. The major schemes sanctioned for housing cover the LohiaAwas Yojana in Uttar Pradesh for 60,000 houses, Atal Aashray Awas Yojanain Madhya Pradesh for 1 lakh houses, additional loan assistance for IAYbeneficiaries in Kerala for 1,49,700 families and rehabilitation and resettle-ment of project affected/displaced families of Upper Krishna project inKarnataka for 50,832 families. A housing scheme for weaker sections inVadodara for 6096 houses has also been sanctioned. Further, 9 housingprojects for a total of 20,158 units in 9 district panchayats of Rajasthan havealso been sanctioned.

In the field of urban infrastructure projects, HUDCO has sanctioned atotal of 121 projects for a total loan amount of 14,426 crore covering utility,social and commercial infrastructure. Some of the major infrastructure projectssanctioned, include state water grid for Telangana State (Rs 2500 crore),land acquisition and development for information technology investmentregion in Karnataka (Rs 1000 crore), land acquisition and infrastructuredevelopment for the Naya Raipur (Rs 750 crore), and improvement of StateHighways in Uttar Pradesh (Rs 1090 crore).

During 2014-15, HUDCO moblized total resources aggregating to Rs.5074.37 crore at a weighted average borrowing cost of 8.18% (i.e. 38 bpsabove 10 yr. G.Sec. as on 31.03.2015).

In the financial year 2014-15, HUDCO has sanctioned two schemes inthe State of Uttarakhand for HUDCO KfW grant of Rs. 138.00 lacs and Rs.17.50 lacs has been released under Model Village / Basti Scheme.

RailTel targets Rs.1,000 croreturnover by 2017

 State-run telecom infrastructure firm RailTel saidit is aiming to double its turnover to Rs.1,000 crore incourse of the coming two years as it is expanding itspresence in retail and telepresence services.

“We are targeting a revenue Rs.1,000 crore overthe next two years from around Rs.550 crore earnedbetween April 2014 and March 2015… retail broad-band is another focus area”, the company’s chair-man and managing director R.K. Bahuguna said here

on Thursday evening on the sidelines of a company event.According to him, enterprise business, projects and retail broadband

verticals would be the future growth drivers for the company to achieve therevenue target.

Presently, 25 percent of its earnings account from the enterprise con-nectivity fees from telecom firms while another 25 percent comes in from thegovernment including educational institutes.

Cable multi-system operators contribute 15 per cent to the revenue. Theshare of Indian railways to the revenue is 10 percent.

The mini ratna company will also increase its optical fibre network byanother 5,000 km to reach 50,000 km by March 2016. The company, whichhas the exclusive right of way along the tracks on Indian Railways said tostrengthen its retail presence, it will roll-out the Rail Wire branded broadbandservices in the east after it was introduced in south India.

5 May, 2015MIDNIGHT REPORTER

Dharmendra Pradhan MoS (I/C) PNG visitedAssam Asset of ONGC

Dharmendra Pradhan, Min-ister of State, Petroleum & Natu-ral Gas visited Assam Asset ofONGC. Pradhan visited theGeleky Drill site EV 2000 5 to-day and he took keen interest inthe onshore drilling process. Heinteracted with all the employeesof the drill site to understand thenitty-gritty of the complicated drill-ing activities of the field as wellas the working conditions of the

employees. Pradhan was accompanied by the Members of Parliament, Kamakhya PrasadTasa and Shri Rameshwar Teli, Additional secretary, MoPNG A.P. Sawhney and CMD ONGCDinesh K. Sarraf. Pradhan also visited the Geleky GGS-I (Group Gathering Station-I) where oilis collected from all the wells in the surrounding areas. The Geleky GGS-I was constructed in1968 and currently producing over 1000 tonnes of crude oil per day.

Minister also reviewed the overall performance of the ONGC Assam Asset in the lateevening of April 15 to ascertain as to what should be done in order to increase the productionof this one of the oldest Assets of ONGC. While appreciating the efforts and enthusiasm ofONGC officers he said, “You need to think differently so that the decline in production isarrested and oil also comes from the new areas. The traditional way of thinking will not helpmake a turnaround of this Asset.” Pradhan said the dream of Prime Minister towards theprogress of India’s Northeast can be realized only when we are able to exploit the naturalresources in this region particularly oil and gas in a much faster and better way.

The Minister has also reviewed the various activities in the field of CSR in Assam andshared his thoughts about how CSR activities can be made more structured and peopleoriented. Team ONGC assured the Minister that no stone would be left unturned to achievehigher production from this Asset.

PFC achieves MOU Targets of Financial Year 2014-15PFC signs a Memorandum of Understanding (MOU) with the

Government of India for each Financial Year which includes perfor-mance targets for parameters such as the amount of Sanctions,Disbursements and other measures. The MoU signed by PFC forthe Financial Year ended 31st March, 2015, included a sanction tar-get of Rs.55,000 Crores and a disbursement target of Rs.44,000Crores in the “Excellent” category. Against these MoU targets in theExcellent category, PFC achieved Sanctions of approximatelyRs.60,000 Crores and Disbursements of approximately Rs.44,300Crores. The target amounts in the MoU, and the actual amountsachieved by PFC, exclude Sanctions and Disbursements related to

the Restructured Accelerated Power Development & Reforms Programme. PFC’s loan assetsas on 31st March 2015 were approximately Rs.2,18,000 Crores, which represented growth ofapproximately 15% over the previous year. For the year ended 31st March 2015, PFC paid aninterim dividend equivalent to 85% on the face value of the equity shares.

Coal India permitted to sell more coal by e-auction State miner Coal India Ltd. (CIL) has been permitted to sell an increased amount of its coal

through e-auction where the fuel is sold at spot market prices. An official source told IANS onWednesday that CIL has been notified that beginning this fiscal, it has been permitted to revertto the earlier system where the company was allowed to sell up to 10 percent of coal throughe-auction. Last year, Coal India sold 7 percent of the total sales through e-auction. Union Coaland Power Minister Piyush Goyal had asked CIL to cut by half the quantity offered in e-auctionsto 25 million tonnes so that power utilities can get more supplies of the fuel. Coal India hasachieved an output of 494.23 million tonnes in 2014-15, as against the target of 507 million tonnes.

NLC Signs MoU with Ministry of Coal forthe FY 2015-16

The Neyveli Lig-nite Corporation(NLC) signed its per-fo rmance–based‘Memorandum of Un-derstanding’ (MoU)with the Ministry ofCoal, Government ofIndia for the FinancialYear 2015-16., on 30-03-2015 at New Delhi.The MOU was signedby Shri Anil Swarup,Secretary, Union Min-istry of Coal (MOC),Govt. of India and ShriB.Surender Mohan,

CMD, NLC  in the presence of,  Shri A.K. Bhalla,   Addl.Secy, MOC Shri Vivek Bharadwaj,Jt.Secy, MOC, and Shri Amitabh Prasad OSD to Ministry of State for Coal (IndependentCharge). The targets under the ‘MoU’ for the FY 2015-16 includes Lignite Production & PowerGeneration. The monitoring of performance vis-à-vis MOU targets would be carried out quar-terly during the Performance Review Meetings (PRMs) being held in the Ministry of Coal. NLCachieved “Excellent Rating” for the last three financial years (2011-12,2012-13 and 2013-14)for exceeding targets set by MOC for excellent rating in  different fields.

Odisha wants HAL to develop Jeypore airstripThe Odisha government has urged the de-

fence ministry to advise Hindustan AeronauticsLimited (HAL) for development of an airstrip atJeypore in Koraput district for commercial op-erations, said an official on Friday. Chief Secre-tary G.C. Pati has urged Department of DefenceProduction secretary G. Mohan Kumar to ad-vise HAL to develop the airstrip that would facili-

tate transport of aircraft engines manufactured by the company at Sunabeda by air instead oftransporting by road to Visakhapatnam. “The development of this airstrip, including its expan-sion, will facilitate the landing of Avro and other category of aircraft. The state governmentwould like to have the airstrip developed so that it is fit for commercial operations,” said Pati ina letter to G. Mohan Kumar. Pati said the establishment of various industries, including NALCOat Koraput and HAL at Sunabeda area, would boost opportunity for commercial operation of theairstrip. The airstrip is on the side of Visakhapatnam-Jagdalpur national highway and liesbetween Raipur and Visakhapatnam air corridor. While the state government has alreadyrequested the Airport Authority of India (AAI) to provide technical and financial support to makeit a full-fledged airport, the Koraput district administration has identified 445.52 acres of land forexpansion of runway and other infrastructures, said the official. The government has asked theKoraput collector to finalise the financial implication for land acquisition.

Birth Anniversary Celebrations ofDr. B.R. Ambedkar

NMDC celebrated Dr. B.R. Ambedkar’s 124th Birth Anniversary at NMDC Head Officepremises. Shri N.K. Nanda, Director (Technical) is the Chief Guest for this function. ShriRabindra Singh, Director (Personnel), Shri P.K. Satpathy, Director (Production) are the Guest ofHonour on the occasion. Shri B.Jagadeeshwar, General Secretary and B. Hanumantha Rao,President of the NMDC SC/ST Employees Welfare Association along with executive memberswere also present on the occasion.

At the outset Chief Guest, Guest of Honour and other dignitaries garlanded Dr.B.R.Ambedkar’s Photo and lit the lamp.

Shri N.K. Nanda while addressing the gathering appealed to follow the footprints of Dr.B.R.Ambedkar in the development of the Nation and Corporation. He remembered the outstandingcontribution of Dr.B.R.Ambedkar for improvement of education in the country and also stressedthat education is the weapon to eradicate poverty and improve the growth of the country.Dr. B.R. Ambedkar’s role is of pivotal importance in framing Indian Constitution and up-liftment ofdowntrodden people and also emphasized on the principles of oneness and equality.

Shri Rabindra Singh, Director (Personnel) and Shri P.K. Satpathy, Director (Production) alsoaddressed the gathering and recollected the contribution and services of Dr. Baba SahebAmbedkar. They appealed the gathering to follow the principles and the path laid down by Dr.Ambedkar. Shri B.Jagadeeshar, General Secretary gave a brief about the activities of the SC/ST association of NMDC and its contribution in the welfare of the employees. The function wasattended by employees along with their family members making it a grand success. Employeesand their children sung songs and performed cultural programmes and also Citizen’s Archestra,Hyderabad sung songs in the memory of Dr.B.R. Ambedkar. Directors of NMDC present on thisoccasion gave away the prizes to the participant children.

6 May, 2015MIDNIGHT REPORTER

BankingPNB Created History in VigilanceAdministration in 21st Century

PNB Vigil was released by Shri Gauri Shankar, MD & CEO Punjab National Bank on 20.04.2015. Seen in thepicture (L to R) Shri Shiv Kumar Gupta, CVO, Shri K. V. Brahmaji Rao, ED, Shri Gauri Shankar, MD & CEO, Dr. RamS. Sangapure, ED , Shri Sadananda Sahoo, DGM & Shri M. L. Jassal, AGM.

PNB Vigil, the quarterly periodical magazine of Punjab National Bank, Vigilance Department was released on20.04.2015 by Shri Gauri Shankar, MD & CEO of the Bank along with Shri Shiv Kumar Gupta, Chief Vigilance Officerduring the 20th Circle Heads’ Business Conference held at Hotel Hyatt Regency at Bhikhaiji Cama Place, New Delhi.The other two Executive Directors of the Bank Shri K V Brahmaji Rao and Dr. Ram S. Sangapure, all Field GeneralManagers, Corporate General Managers and Circle Heads of the bank were also present.The magazine is a Special Issue on PNB Creating History in Vigilance Administration with multifaceted and con-certed endeavour in bringing down the outstanding vigilance cases to the lowest ever in 21st Century. Whilereleasing the magazine, Shri Gauri Shankar, MD & CEO highlighted on the positive efforts put in by Shri Shiv KumarGupta, CVO and his team and emphasized upon the need to spread the positive vive without distortion throughoutevery nook and corner of the organisation and to all the stake holders of the Bank which would be conducive for thecontrolled expansion of the organisation. He also felicitated Shri Shiv Kumar Gupta, CVO and the entire team ofVigilance Department for bringing glory to PNB on being conferred with the prestigious Corporate Vigilance Excel-lence Award 2014-15 and also applauded Shri Shiv Kumar Gupta, CVO on being adjudged the Best VigilancePersonnel 2014-15 by the Institute of Public Enterprises, Hyderabad.

 Gauri Shankar, MD & CEO commended the efforts of the department and wished that the magazine , PNB Vigil,is widely read by all employees as this is a magazine of substance containing live case studies and also full ofexperience sharing on issues leading to vigilance perception. Shri Shiv Kumar Gupta, CVO also presented thepositive steps taken by the Vigilance Department which have made the vigilance administration robust and alsohelped the organisation in warding off possible losses by preventive and proactive vigilance efforts.

The magazine is the mouth piece of PNB Vigilance Administration which has remained a guiding force to the field.

Bank of Baroda ties up with UAE Exchangefor NRI money transfer

DUBAI: Bank of Baroda, a leading Indian public sector bank, has tied up withUAE Exchange to offer an instant cash transfer facility to NRI customers.  UAEExchange, a global remittance and foreign exchange company, serves over 7.9million customers worldwide and currently has over 750 branches across 32

countries. Following the agreement, customers can send money to their desired bank accounts in BOB  in India,within minutes.  ”We have a long relationship with Bank of Baroda. I am sure that this special tie up will furtherstrengthen this relationship. This service enables our customers to get the money transferred to the desired bankaccount within minutes. They also get a SMS notification the moment the amount is credited in the bank account,” BR Shetty, Managing Director & CEO, UAE Exchange, said. 

Bank of Baroda has a network of more than 5,000 branches across Europe, US, Africa, Asia and Australia andin financial centres like New York, London, Dubai, Hong Kong and Singapore.

Bank of India hints at 10-25 bps cut in base rateState-owned lender Bank of India today indicated 10-25 basis points reduction in

its base rate shortly.  ”We will have to fall in line with our peers and hence we are alsolooking at a reduction in our base rate in the range of 10-25 basis points. The decisionis likely next week or so,” Bank of India chairman and managing director Vijaylaxmi Iyertold reporters here.  She said the prime reason for the rate cut will be the decline in cost

of funds, following reduction in the cost of deposits.  Iyer was speaking after signing two agreements with the state-owned non life insurer New India Assurance for the Pradhan Mantri Suraksha Bima Yojana (PMSBY) product andwith Star Union Dai-ichi Life Insurance for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) scheme.  Boththe schemes, which will be on offer from May and implemented on June 1, will be made available for all the sevencrore customers of the bank.  The bank has already opened more than 1.82 crore accounts under various financialinclusion initiatives, out of which 70.2 lakh accounts have opened since the launch of the Jan Dhan Yojana, she said. Risk coverage of Rs 2 lakh is available in case of death for any reason under PMJJBY and Rs 2 lakh for accidentaldeaths and full disability under PMSBY.  Iyer also said that BoI may go for stake dilutions in various subsidiaries,including its life Insurance venture.  ”We are planning to bring down our stake from present 48 per cent to 25 percent in the life insurance venture, Star Union Dai-ichi Life Insurance, once the foreign partner increases its stakefrom 26 to 49 per cent,” she said.  ”It will help maintain our capital adequacy at the required level,” she added.  Whilethe deposits of the bank grew 9.6 per cent, advances rose 9.7 per cent at the global level during the year gone-by. ”We expect our advances to grow in the range of 13-14 per cent during the current fiscal,” Iyer said. 

Kotak Mahindra Bank to open branch atGIFT City in Gujarat

Kotak Mahindra Bank country’s fourth largest private sector lender, todaysaid it plans to open a branch at the international finance centre (IFC) at theGIFT City in Gujarat.  ”We’ve decided to take some space at the GIFT city. Webelieve that if you’re able to create an international financial centre in India,

wherever it is, we’d like to have the option of participating in that,” its executive and vice chairman Uday Kotak told. Kotak said the bank will be tracking developments on the regulatory and taxation fronts in its effort to startoperations from the GIFT City near Ahmedabad, which is the country’s first IFC.  Though located physically in thecountry, an IFC is aimed at acting like a foreign operations office to facilitate easy movement of capital. 

Yes Bank opens representative office in Abu DhabiPrivate sector Yes Bank launched a representative office in UAE, which marks the

maiden foray into international operations for the 12-year-old lender.  The representativeoffice is located in UAE’s capital Abu Dhabi and is aimed at serving the diaspora popu-lation, it said in a statement.  It will offer NRE and NRO savings account and deposits,

foreign currency fixed deposit, portfolio investment scheme to transact in the Indian secondary market and also itswealth management products. All the major banks from the country have presence abroad, which is generallycentred around serving the diaspora and requirements of trade.  Yes Bank had last week announced that it will beopening a branch at the international finance centre at GIFT City Ahmedabad, which is treated as an internationalbranch.

Bhagat GM,OICLP.K.Bhagat, first Managing Director and Chief Ex-

ecutive Officer of Health Insurance TPA (third-party ad-ministrator) of India, has been appointed as GeneralManager of Oriental Insurance Co. Ltd.

Sanjiv Swarup CVO, NBCCSanjiv Swarup, a 1982-batch officer of Indian Railway Service of Elec-

trical Engineers, has been appointed as CVO in National Buildings Con-struction Corporation Ltd (NBCC).Swarup has been appointed for an initialperiod of three years. His tenure is further extendable for a period of twoyears in the same organisation or three years on shifting to another centralpublic sector enterprise after completion of his initial tenure of 3 yrs.

Alok Dy.Chairman,Kandla Port TrustAlok Kumar has been appointed as Deputy Chairman, Kandla Port

Trust on deputation basis under the Ministry of Shipping. He has beenrelieved by the cadre controlling authority. He is an IRS-IT officer.

VS Hejmadi, General Manager of Air India Limited (AIL) was selectedfor the post of Director (Finance), AIL. Three persons including AJayachandran, GM, AIL, VS Hejmadi, GM, AIL and Mrs. Neelam Sanghi,IRAS, MOR were interviewed for the same by the Public Enterprises Se-lection Board (PESB).

Biswas Director,BHELSubrata Biswas, ED, BHEL, has been selected for the post of Director

(Engineering Research & Development), Bharat Heavy Electricals Limited(BHEL) at a Public Enterprises Selection Board (PESB) meeting held.

Appointments

“RINL collective has potential toachieve targets in 2015-16”New Vision Document 2025 released

P.Madhusudan, CMD, RINL is very much appreciative about the per-formance and growth achieved by the collective despite “Hudhud” andobserved that the Vizag Steel collective is very competent to achieve thetargets fixed for 2015-16. The targets of 5 MT of Hot metal, 4.9MT of LiquidSteel, 4.3 MT of Saleable Steel production and turnover of around Rs18,000 crores fixed for 2015-16 can be achieved with meticulous planningand execution, he added.

To mark the occasion Sri P Madhusudan released “Vision Document2025” as RINL has growing from a single location to multi location company.The new Vision statement of the company is “To be the most efficient steelmaker having the largest single location shore based steel plant in thecountry”. Addressing the senior officials of the Company on the occasion ofstart of the New financial year today, Sri Madhusudan said that the focusshould shift from “Produce to Sell” to “Produce to Customer needs” in thiscompetitive market and for this the Marketing department should utilize theERP CRM tool effectively. He exhorted the Works collective to focus on themaintenance aspects to strengthen the plant operations & equipment life.He mentioned that the good techno-economic parameters help to bringdown the cost of production. He further highlighted the need to achieve 5%reduction in conversion cost in each shop floor to improve the bottom line.

Sri TK Chand, Director (Commercial), Sri PC Mohapatra, Director(Projects), Dr GBS Prasad, Director (Personnel), Sri DN Rao, Director(Operations), Sri TVS Krishna Kumar, Director (Finance), Sri B SiddharthaKumar, IFS, CVO in their addresses highlighted the achievements and thechallenges faced during the last financial year in their respective directorates.

REIL Signs an Agreement for manufacturingof Milk Analyzers in India

Rajasthan Electronics & Instruments Limited (REIL), Jaipur signed anagreement with M/s Milkotronic Ltd. Nova Zagora, Bulgaria at HannoverMesse 2015, Hannover, Germany for transfer of technology for manufac-turing of Milk Analyzers in India. The agreement was signed by the Manag-ing Director, REIL Shri A. K. Jain and Managing Director Milkotronic Ltd. ShriDinyo Dinev in gracious presence of Secretary, Department of HeavyIndustries, Government of India, Shri Rajan S. Katoch and the Joint Secre-tary, Department of Heavy Industries, Government of India Shri VishvajitSahay. These Analyzers are used to measure various parameters in Milk.

The Company (REIL) was established in 1982 with a mandate to manu-facture Milk Testing equipment for the Indian Dairy Industry. REIL, sincethen, has been developing, manufacturing and deploying the products andapplications to the satisfaction of customers. There had been a need for areliable, dependable and affordable equipment for measurement of FAT,SNF and other parameters at collection centers. In line with the initiative“Make in India” of the Hon’ble Prime Minister of India, REIL signed thisagreement for manufacturing these Milk Analysers at their Works at Jaipur,India and provide after sales support through their country wide network.These analysers are being imported at present.

On this occasion the Managing Director, Shri Jain reiterated the com-mitment of the Company of “Shaping Rural India through Electronics, En-ergy and IT Solutions” and responding to the needs of esteemed custom-ers, added yet another product in the manufacturing range that is reliable,dependable and affordable.

P.Madhusudan, CMD, RINL addressing the senior officers on the occa-sion of start of new financial year. RINL Directors and CVO are seen.

7 May, 2015MIDNIGHT REPORTER

CorporateRishad Premji on Wipro board

Rishad Premji, the elder son of billionaire Azim Premji, has kept alow profile all this while, but the intrigue that marked his step-by-stepprogression at India’s third largest software exporter has pretty muchdominated its narrative in recent years. A vacant position on thecompany’s board of directors caused by the retirement of CFO SureshSenapaty in March only fuelled the speculation. Until Tuesday, whenWipro formally announced his appointment to the board. Rishad, 38,who assumes his new office this month, will continue to run strategy,M&As in addition to his new responsibilities which include overseeingthe technology office, investor and government relations, and WiproVentures.

“He brings a blend of exceptional strategic insights, understandingof the technology landscape and diverse business expertise. Theseeight years have given Rishad an in-depth view of the organization

and makes him well positioned to guide Wipro and carry the mantle of ownership in the yearsahead,” said Ashok S Ganguly, independent director and chairman, board governance and nomi-nation committee, Wipro. An MBA from Harvard Business School and a graduate in Economicsfrom Wesleyan University, Rishad Premji joined Wipro in 2007 as a 29-year-old. He cut his teethin Wipro’s IT services business’ largest vertical – BFSI and spearheaded its entry into the mort-gage segment which led to the acquisition of Gallagher Financial Systems, a relatively smalltransaction. But it has been a steady climb ever since for Rishad. “It is an absolute privilege andhonor to be invited to the board of Wipro, a company built over the past 70 years on the bedrockof uncompromising integrity,” he said.

Infosys aims to become $20 bn company by 2020Chief executive officer and managing director Vishal Sikka

said: “It is an aspirational goal. We use that to organize ourthoughts. I believe we can get there.” According to him, the goalwould be achieved by a mix of organic and inorganic growth.Queried about how realistic was the goal of average revenueper employee growing up to $80,000 from the current $50,000,he said many of the routine works would be automated and

more number of employees would be deployed in such work that would fetch higher revenue. Hesaid an additional head count of 70,000 would be added to the company rolls in the processtowards achieving the five-year goal. Sikka said that by 2020 the company would have around250,000 employees. Queried about the fourth quarter and the annual results for 2014-15, Sikkasaid his philosophy is not to worry about transient things like quarterly growth but to look at annualnumbers. Infosys reported net profit of Rs.3,097 crore for the fourth quarter of fiscal 2014-15 witha 3.5 percent growth over the corresponding period the previous year. The company posted arevenue of Rs.13,411 crore for the period under review, up by 4.2 percent over the previous year.According to Infosys, the revenues are expected to grow 8.4-10.4 percent in Indian rupee terms.For the full year, the company posted a consolidated revenue of Rs.53,319 crore, logging an year-on-year growth of 6.4 percent.

Adani Ports lone bidder for Vizhinjam portAdani Ports has emerged as the lone bidder for

Kerala’s dream project, the Vizhinjam Port. The pro-posed port is to come up near the famed Kovalambeach and is expected to be completed in threephases, with the first phase to be ready by 2019.Kerala’s Minister for Ports K. Babu described it to bethe best news to have come for a while. “The biggest

advantage in Adani coming up is that they are a port development company and are in thisbusiness. Now the tender documents would be processed first by an empowered committee, thenit would be checked by the director board of the proposed port, and then it comes to the cabinet,”the minister said. “There is no problem that Adani Ports is the lone bidder because this project hasbeen on the cards for several years,” Babu said. “Also in Kerala there are problems whenever abig project is conceived and it takes a lot of time to resolve all problems, even after every sanctionis received. So taking everything into account, there is not going to be any technical hitch if thereis only one bidder,” said Babu.

Reliance to restart all petrol pumpsby fiscal end

Reliance Industries, the $66-billion oil refining to retail tradegiant, hopes to re-start by the end of this financial year all its1,400 retail outlets to sell petroleum fuels.

In a presentation on the company’s corporate results forthe financial year ended March 31, 2015, Reliance Industriessaid it has already re-started 320 ot its petrol-diesel pumps,following the complete de-regulation of transport fuels. The com-pany also said it has founded consistent customer experienceacross all the touch points, and added the next step will be to:“Fleet management program, providing better fleet control, cash

flow management and cashless transactions.” This is to help bulk customers. Another facet will be:“Target aggressive volumes in the bulk HSD (high-speed diesel) market, post de-regulation.”

Under the previous fleet management scheme, bulk operators like truckers were providedsmartcards which their drivers could use to buy fuel at Reliance stations. This scheme helped theowners as it not only checked pilferage but also allowed online verification of supplies.

Reliance Industries closed all its 1,400 retail pumps by March 2008 after the government’sdecision to regulate retail prices of petroleum fuels which left oil marketing companies (OMCs) tobear some amount of fuel subsidy from their own account. Reliance Industries and the Essar Oil,which also was operating such vends, suffered substantial losses and closed shop. Before that,these two companies had captured a 15-17 percent market share even though this was the turfof state-run companies. The international ratings agency Fitch had said following the de-regulationin diesel prices that the private firms such as Reliance Industries and Essar Oil are likely to restartidled diesel retail operations, and should ultimately become more significant players.

Maruti Suzuki Q4 net profit zooms 60.5pct to Rs 1,284 cr

The country’s largest carmaker MarutiSuzuki today reported a 60.5 per cent jump inits net profit at Rs 1,284.2 crore for the fourthquarter. The company had posted a net profitof Rs 800.05 crore in the same period lastfiscal year, Maruti Suzuki India said in a state-ment. “Higher volumes, material cost reduc-tion initiatives, favourable foreign exchangeand lower sales promotion expenses con-tributed to the bottom-line during the quarter,”the company said in a statement. Net salesduring the quarter stood at Rs 13,272.6 crore,up 12.3 per cent against Rs 11,818.13 crore

in the same period last fiscal. Sales in the quarter were up 6.7 per cent at 346,712 units, thecompany said adding that the exports were at 29,542 units, a growth of 12.4 per cent.

For the full fiscal ended March 31, the company posted a net profit of Rs 3,711.2 croreagainst Rs 2,783.05 crore in previous fiscal. Net sales of the company for the fiscal stood atRs 48,605.53 crore, up 13.97 per cent from 42,644.76 crore last year.

Volume sales in the fiscal were up 11.9 per cent at 12,92,415 units. Of this, exports wereat 121,713 units, a gain of 20.1 per cent, the company said. The company said its Board ofDirectors recommended a dividend of 500 per cent, Rs 25 per share of face value Rs 5 for2014-15. The dividend in 2013-14 was at 240 per cent, (Rs 12 per share of face value Rs 5.

Shares of Maruti Suzuki India were trading 1.95 per cent up at Rs 3,608.70 per scripduring afternoon session on the BSE.

Ultratech Cement Q4 net profit dips 24%Ultratech Cement reported a 24 per

cent dip in consolidated net profit at Rs 657.2crore for the fourth quarter of 2014-15,mainly on account of a penalty imposed byCCI on cartelisation charges. The AdityaBirla Group firm had reported a net profit of864.83 crore in the January-March periodof 2013-14 fiscal, Ultratech said in a regu-latory filing.

The country’s largest cement makerreported a growth of 4.47 per cent in itsturnover during the quarter at Rs 6,597.49crore. In the same period of last fiscal,

Ultratech had registered a turnover of Rs 6,314.86 crore. The company said, the main reasonfor the dip in its net profit is due to a Rs 117.55 crore payment made as ordered by theCompetition Commission of India following charges of cartelisation by the company.

The company also paid Rs 49.86 crore during the quarter towards additional charge ondeferred tax due to increase in surcharge on income tax. Total expenses during the quarterrose to Rs 5,520.63 crore as against Rs 5,287.92 crore in the same period of previous year,owing to higher cost of raw materials. During the quarter, the company commissioned a 2 mtpaclinkerisation plant and a 10 MW waste heat recovery system in Rajasthan. Another 6 MWwaste heat recovery system was commissioned in Karnataka. For the financial year endedMarch 31, 2015, the country’s largest cement maker reported a 4.88 per cent drop in its netprofit at Rs 2,098.34 crore. Ultratech Cement had registered a net profit of Rs 2,206.03 crorein 2013-14. The company’s turnover grew by 12.45 per cent during last fiscal to Rs 24,348.96crore. It had registered a turnover of Rs 21,651.5 crore in 2013-14.

Crompton Greaves’ consumer businessset to be sold for Rs 2,000 cr by Avantha

Avantha Group will sell its entire holding of 34.37per cent in demerged consumer products busi-ness of Crompton Greaves to private equity inves-tors Advent International and Temasek for Rs 2,000crore. The two private equity firms will then makean open offer for additional shares to gain owner-ship of the consumer unit of the Avantha group —Crompton Greaves Consumer Electricals (CGCEL)— which will be listed on the National Stock Ex-change and Bombay Stock Exchange. The dealvalues the consumer products arm, Crompton

Greaves Consumer Electricals (CGCEL) at an enterprise value of Rs 6,600 crore.In February this year, Crompton Greaves’ board had approved fully demerger of its

consumer products business and said shareholding of CGCEL upon completion of the demergerwill mirror the shareholding of Crompton Greaves. “…we propose to divest our entire pro-posed shareholding in CGCEL amounting to approximately 34.37 per cent of the total issuedand paid up share capital of CGCEL, to one or more special purpose vehicles (SPVs) man-aged by Advent and a wholly-owned subsidiary of Temasek for an aggregate consideration ofRs 2,000 crore,” Avantha said in a BSE filing by Crompton Greaves today.

Temasek will be an independent co-investor alongside Advent in CGCEL. Under the termsof agreement, CGCEL will be demerged from CG into a standalone company and will conse-quently be listed on the NSE and BSE. Advent and Temasek will acquire ownership in CGCELby purchasing shares in the firm from Avantha Holdings following the demerger of the con-sumer products business from CG and the listing of CGCEL.

Reliance Jio plans 4G roll out viaintegrated system

Mukesh Ambani-led telecom firm Reliance Jio InfocommLimited (RJIL) plans to launch its fourth generation (4G)services through an integrated system, a company state-ment said. “RJIL plans to provide seamless 4G servicesusing LTE (long term evolution) in 800MHz, 1800MHz and2300MHz bands through an integrated ecosystem,” it said.The company holds pan-India Unified Licence. It is the onlyprivate player with Broadband Wireless Access spectrum inall the 22 telecom circles of India and plans to provide reli-

able fast internet connectivity and rich digital services on a pan-India basis, it said. In addition,RJIL has in 2014 acquired spectrum in 1800 MHz in 14 circles across India. In March 2015,RJIL has successfully acquired the right to use spectrum in 800 MHz and 1800 MHz in 13 keycircles across India in the spectrum auction. The company earlier said it plans to roll out 4G ina phased manner in 2015. In addition to the pan-India 2300 MHz spectrum, RJIL has spectrumin either 800 MHz or 1800 MHz or both in 20 out of the total of 22 circles in the country. RJIL’stotal equivalent spectrum footprint has increased from 597.6MHz to 751.1MHz (includinguplink and downlink), strengthening its position as the largest holder of liberalized spectrum.“RJIL is setting up a pan-India telecom network to provide to the highly under-serviced Indiamarket, reliable (4th generation) high speed internet connectivity, rich communication servicesand various digital services in key domains such as education, healthcare, security, financial ser-vices, government-citizen interfaces and entertainment,” the statement said.

Snapdeal appoints Unilever veteran assenior VP, finance

Online marketplace Snapdeal hasappointed Vivek Patankar as senior vice-president, finance. Patankar has 12years of experience in businesspartnering, financial planning, supplychain and corporate strategy. Patankar

was leading the Financial Planning and Analytics vertical at Unilever Plc, London before joiningSnapdeal. Earlier, he was CFO at Unilever for Lakme, where he supported the business turn-around and store expansion. Kunal Bahl, co-Founder & CEO, Snapdeal, said, “To create animpactful enterprise that creates life changing experiences for millions of our buyers and sellers,judicious financial decisions are imperative for success.”

8 May, 2015MIDNIGHT REPORTER

Publisher/Printer/Owner: G. Narahari, Printed at Colour Graphics, 3-1-351, Bhagya Laxmi Nilayam, Nimboliadda, Kachiguda, Station Road, Hyderabad - 27. Published at4-6-252, Esamia Bazar, Hyderabad-27 (A.P.) Editor : Dr. Chaitanya Singh, Cell : 8008175000. E-mail : mrnewseditor@yahoo.com. Annual Subscription Rs. 500/- (Including postal charges)

“Secret of Black”

“Men in Black” is an old trend.Now ‘Ladies in Black’ is a newarrival on the red carpet, on the screen and off course on thecameras.In general,why ‘black’ is such a favorite color and whydo people prefer much to were black color apparels.

It’s a secret and now we are reveling it : “The color blackrelates to the hidden, the secretive and the unknown, and as aresult it creates an air of mystery. It keeps things bottled up inside,hidden from the world.In color psychology this color gives protec-tion from external emotional stress.It creates a barrier betweenitself and the outside world, providing comfort while protecting itsemotions and feelings, and hiding its vulnerabilities, insecuritiesand lack of self confidence.

“Black implies self-control and discipline, independence and astrong will, and giving an impression of authority and power.Peoplewho like black may be conventional, conservative and serious, orthey may think of themselves as being sophisticated or very dig-nified. Black is the end, but the end always implies a new begin-ning. When the light appears, black becomes white, the color ofnew beginnings.” That’s the reason people knowing and unknow-ingly were this color.

Alekhya Reddy

Ashu Gauri

Jaya Baheti

Koyal ChandakSonal Doshi

Madhavi Narulla

Pooja Agarwal

Sonia Majumdar

Swasti Semwal

Veni La

Vijaya Tupurani

Sonia Sobti

Meenu Soni & Sheetal Linga

Geet Gupta

Sonal Jain

Priyanka Garg

Pooja Chawla

Neelam C. Lalwani

MIDNIGHT REPORTER9 May, 2015

CorporateCelebrations

Colorful Affair : ” Kishan & Sarita Lohiya” -The most happening couple of the town is againon screen.The click is of ‘Bond With Best’ (BWB)2nd anniversary celebrations, which is still in thediscussion. The wonderful theme, colorful flow-ers and the beautiful ladies were attraction. Ulti-mately it was an ‘awesome’ event.

Something Special: Birth days are theoccasions to celebrate, but for new couplethe same occasion will be more more spe-cial. Like Dhwani Doshi’s b’day and the dearhubby Bhavya Doshi made it more specialand memorable.Best wishes for the lovelycouple.

Big Bash : Friends and wellwishers had a bash on the birthday of their dashing buddy AliSaberi.Friends gathered withcake and candles & celebratedthe occasion with hugs andwishes.Happy b’day to u……!

Hip Hip Hurray : Adesh Agarwal is on cloudnine,as he bagged ‘Best BNI Chapter Director(Hyderabad Region) award. The award ispresented by the dynamic person BNI ExecutiveDirector Bharat Shah.

Ye Dosti...! : Alizeh Shirazi arranged asurprise birth day gathering for her closefriend Furhung Singh.What a memorableaffair ! That’s a real friend.

Made For Each Other : Lovelycouple Anil Agarwal & Yogita Agarwalcelebrated their wedding anniversary.Best wishes to the couple.

True Couple: Mukesh Mewada & Mane Jaincelebrated their wedding anniversary. Check thebeautiful line written by them “you are not only mylove, but you are my soul”, touched the most.Really a true couple!

Traditional: The International DJ Akcent was intown coincidently on his birth day date….! TheSuchirindia Group, CEO Dr.Kiron greeted theAkcent traditionally with pagdi and garland.It wasa complete traditional affair.

Party Time : Party time for thebeautiful couple Amit & MadhuNahata. The couple celebrated theirwedding anniversary.Friends & fam-ily members wishes, gifts and bless-ing made their occasion quitememorable.

Celebrations: It’s a celebration timefor a beautiful couple Satya & SabithaYerramsetti.The couple celebratedtheir anniversary.Best wishes to thecouple….!

One & Two : Two celebra-tions, but the occasion is same.Paresh Sha & Abhinay Barmechacelebrated their birth days withfamily and friends.All of them gotlot of wishes, but how many giftshas to be confirmed.In fact wishesand blessing are the most valuablethan any expensive gift.Hope allagree…!

29 Agreements Signed DuringChina Tour: Naidu

Andhra Pradesh Chief Minis-ter N.Chandrababu Naidu, whohad led an official and businessdelegation to China to look for in-vestments, said that 29 agree-ments were signed during the six-day tour. ”29 MoUs were signed.17 were Government-to-Busi-ness (G2B) MoUs and 12 wereBusiness to-Business (B2B),” MrNaidu told reporters after his re-turn from China. ”There is greatenthusiasm among Chinese com-

panies to invest in Andhra Pradesh and India. We askedthem to explore the investment opportunities. We have signedsome MoUs. They will come here to discuss with govern-ment as well as private entrepreneurs. They will visit thefield and wherever they are feasible they will (proceed),” hesaid. We are working with them in the construction of thenew capital (of Andhra Pradesh), and also infrastructureand manufacturing, Mr Naidu added.

Praising China for its rapid growth, the chief ministersaid, “China is moving very fast with regard to industries,manufacturing and also mega projects like speed trains,super highways, mega townships, ports...they are going onmega scale. We have to learn on how to implement (this) inIndia. ”They have reached a saturation point. They wantinvestment in other countries also. In that direction Indiaoffers them an opportunity,” he said. The chief minister, whovisited Beijing, Chengdu and Shanghai, during the tour, said,“I met senior leadership - Vice Premier, Governors andMayors in China. The interaction was very fruitful...Therewas discussion on industry to industry also.” Mr Naidu addedthat he would meet Prime Minister Narendra Modi and ap-prise him of his China trip.

Samsung to set up $100-mnplant in Hyderabad

Korean electronics giant,Samsung, has come forward toestablish an electronics hardwaremanufacturing unit in Hyderabadwith an investment of $100 million(approximately Rs 630 crore),according to Telangana chief min-ister K Chandrasekhara Rao.“Samsung is one of the manyelectronics majors who haveevinced interest to set up shop inthe state. Telangana has a largescope to play host to electronics

hardware industry,” he said. After inaugurating Mahindra &Mahindra’s extended manufacturing unit at Zaheerabad inMedak district of Telangana on Wednesday, Rao said thestate had overcome the problem of power cuts and therewas no load shedding now. “We invite all the industriesacross the country to establish units here with an assur-ance of uninterrupted power supply,” the chief minister said,adding the new industrial policy and 24-hour power supplyto industries would make Telangana an attractive destina-tion for investments. “A legislation has already been passedon TS-IPass, a single-window clearance programme, to bemonitored personally by the CM office and grant approvalswithin 15 days. The hassle-free single-window, without asingle grill, will be implemented shortly,” he said. Rao said hisgovernment had reduced the input VAT (value-added tax)from the earlier 14.5 per cent, to five per cent, for M&M’sZaheerabad plant as a special case, and a governmentorder on the same was issued on April 21.“We have given you (M&M) land, water, power, incentivesand whatever you asked for. In return, please give jobs tolocal people,” he requested Pawan Goenka, executive di-rector of M&M. Responding to the chief minister’s request,Goenka said of the 3,500 employees at the Zaheerabadplant, 95 per cent were from Telangana. “We stay commit-ted to providing employment to the locals,” he said, request-ing the chief minister to consider procuring tractors andother vehicles produced at the Zaheerabad plant.

Walmart has aggressive plansfor T & AP

Walmart hasaggressive plansfor India with majorinvestment in keyareas such as

sourcing, farmer training, education and women economicempowerment, its global chief executive DavidCheesewright. “India is an important market for us. Walmartis committed to this country and the market for long term,”Cheesewright, who is on his maiden visit to India, said in astatement. “We are committed to partnering in India’s eco-nomic growth by enabling the right ecosystem for B2B e-commerce through investments in people, technology andsupply chain. The business-to-business e-commerce plat-form for wholesale in Agra, marks the 16th store to go online,Walmart said. Cheesewright has just concluded a produc-tive outing in Hyderabad where he met chief ministers ofAndhra Pradesh and Telangana. The Andhra Pradesh gov-ernment has agreed to set up a taskforce to source agricul-ture commodities from farmers, increase productivity andimprove capacity building in the agriculture sector withWalmart executives and Vijay Kumar, special chief secre-tary (agriculture). The Telangana government has welcomedWalmart’s proposal to set up four outlets in Hyderabad andsome more in other districts.

10 May, 2015MIDNIGHT REPORTER

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11 May, 2015MIDNIGHT REPORTER

Summer VacationWhere to go...

TourismDubrovnik Tourist Board launchessummer of festivals

The Dubrovnik TouristBoard has unveiled itself as a‘city of festivals’ with the an-nouncement of the 2015Dubrovnik Summer Festivaland Midsummer Scene Festivalprogramme. Dubrovnik has en-joy a successful start to 2015with 63,917 overall arrivals sinceJanuary, an increase of 13 percent compared to the same pe-

riod in 2014. Dubrovnik is most popular with UK visitors with 2,464 arrivals since January, ayear-on-year increase of 17 per cent. The top five markets for Dubrovnik so far in 2015 alsoincluded Germany, Israel, Spain and the US. The 66th Dubrovnik Summer Festival will run fromJuly 10th-August 25th, featuring more than 2,000 artists and over 70 plays, classical concerts,films and folklore performances in 15 open-air venues across the city. Named as the mostimportant exportation brand of Croatia by BBC Music Magazine, the Dubrovnik Summer Festi-val is one of Europe’s most important cultural events and has expanded Dubrovnik’s touristofferings. The Tourist Board also unveiled details of the Midsummer Scene Festival, now cel-ebrating its second year after launching on the 450th anniversary of Shakespeare’s birth lastyear. Running from June 20th-July 4th 2015, the festival will present the Bard’s famous comedyTwelfth Night including performances from the Dubrovnik Symphony Orchestra.

Discover Greece takes UK representationas holiday season begin

As UK travellers find new reasons to return toGreece, whose small size belies its vast choice ofbreath-taking island and mainland destinations,Grifco PR has announced they are to handle thePR for Discover Greece. Discover Greece is theconsumer platform of the independent, not-for-profitdestination marketing organisation MarketingGreece, which promotes Greek destinations andexperiences to the international media and con-sumers. Visitors to the ground-breaking, interac-tive platform can learn about unique experiencesoffered in 120 Greek destinations, and view more

than 3,000 striking photographs and 60 videos. The site features some 140,000 words ofcontent, mostly in the form of Hidden Gems, Highlights and Must See suggestions, while invitingvisitors to personalise their holiday experience via the state-of-the-art iGreece destinationdiscovery tool. As flight booking figures indicate a growing number of Britons are choosing tobook their holiday in Greece independently and tailor it according to their needs, DiscoverGreece serves as the perfect digital destination to start researching and planning an unforget-table experience, whether you are planning a solo getaway, a romantic escape for two, a familyvacation or a trip with friends.

Queensland Tourism launches GreatBeach Drive holiday route

Australia’s Great Beach Drive has been launchedto provide over 200 kilometres of spectacular beachdriving, capturing the dramatic coastline, scenery andwildlife along Queensland’s Sunshine and Frasercoasts. The touring route is steeped in culture andetched in Australian history. The full journey coverstwo UNESCO Biosphere Reserves, a Wold Heritage-listed Marine Park and the largest sand island in theworld. Australia’s Nature Coast, which has been es-tablished by the Sunshine and Fraser Coast tourism

organisations to jointly market their regions, has put together an itinerary involving six drivescovering the region, which can be tailored to meet the specific interests and time span of eachindividual visitor. The new product provides full details of self-drive 4WD options or guided toursacross the region. While subject to tidal and weather conditions, the Great Beach Drive issuitable for most experienced off-road drivers and the sections or the entire route can becovered in anything from half a day, a long weekend to a full week, depending on the level ofactivities undertaken during the drive. The drive starts in Noosa on the Sunshine Coast, wheretravellers can complement the sophisticated lifestyle of the beachside village with a kayak,canoe or cruise of the Noosa Everglades.

Antigua & Barbuda Tourism Authoritylaunches advertising campaign

Antigua and Barbuda Tourism Authority have launched an advertising campaign, in con-junction with 19 hotels and 19 tour operators, to promote ease of access and affordability to thetwin-island destination.

Jean-Marc Flambert, Vice-President Sales and Marketing UK & Europe, says “We startedwith 10 tour operator partners and now this has doubled. Some are partnering on the landingpage for the online element, and some on press adverts. Tour operators involved in the onlineelement are also promoting to their database of customers, so the campaign has grown and willnow exceed the 11m targeted impressions and jump to 14m at least.”

“We are really excited about this promotion and thankful to our hotels and the tour operatorswho have put so much effort and money into promoting Antigua and Barbuda.”

“We will start planning other promotions for later in the year as we were not able to work withall key partners this time around.”

TAC Abu Dhabi unveils stunningline-up for 3 months12 events, 63 performances and superb hotels offers and promotions

Abu Dhabi : Abu DhabiTourism & Culture Authority(TCA Abu Dhabi) has unveiledthe Abu Dhabi Summer Sea-son programme for 2015, athrilling show-packed summerseason for all the family.

Abu Dhabi SummerSeason – featuring headlinetheatre shows, a world fa-mous illusionist, live interna-tional children’s shows, topArab and European comedyacts, and live concerts willtake place across the emir-

ate with events in Abu Dhabi city, Al Ain and Al Gharbia (Western Region) for almost threemonths. The Summer Season will run from June 11 to September 5 with the period covering theschool holidays, Ramadan and Eid Al Fitr. Promising ‘Fun for All’, the season of major events willalso involve malls, attractions and hotels to make Abu Dhabi an attractive proposition in whichto spend summer. TCA Abu Dhabi has teamed up with leading UAE event organisersto bringsome spectacular events anddeliver a memorable three-month season for our stay-at-homeresidents and visitors, particularly from the GCC, India and Europe. Flash, Alchemy Project,YAK Events and MBC Group will deliver a programme packed with different headline showsfrom across the world. A wide-scale marketing and promotional campaign to promote thesummer season has been launched across the GCC and India. Sultan Al Dhaheri, ActingExecutive Director of Tourism Sector, TCA Abu Dhabi, said at a press conference in Abu Dhabi:“With the support of its partners and stakeholders, Abu Dhabi Summer Season 2014 wit-nessed great success in providing exceptional experiences to visitors and residents alike. Thisyear we are welcoming additional partners and stakeholders on board who are excited inoffering thrilling shows and promotional offers in Abu Dhabi.”

12 May, 2015MIDNIGHT REPORTER

AP to treat tourism projects asindustrial ventures: Naidu

Andhra Pradesh Chief Minister N Chandrababu Naidu has saidtourism projects would be treated as industrial ventures and single-desk clearances granted to them within 21 days.  He asked the Tour-ism Department to explore a policy where special power tariff would belevied for tourism projects, clarifying that they will not be charged com-mercial rates, according to an official release.  Suggesting the depart-ment to focus on attracting international tourists, Naidu told officialsduring a meeting yesterday to finalise the tourism policy, to get touristoperators on board and work with them.  He directed the Tourism andCulture Department to work with AP State Skill Development Corpora-tion with respect to work force required for the tourism and hospitalitysector, the release said.  ”The Tourism and Hospitality University shouldbe able to conduct research on everything relating to these sectors.

Water sports, beach tourism, spiritual tourism, eco-tourism, caravan tourism, heli-tourism andother opportunities should be explored.  ”It should also cater to the needs of hospitality sectorand train people in cooking, bartending, tourist guides, drivers, etc,” the Chief Minister said. Emphasising the need to promote Telugu culture, Naidu suggested that Kuchipudi and other local,tribal art forms and dances could be promoted through various carnivals held on a massive scale. Secretary (Tourism and Culture), Neerabh Kumar Prasad said Andhra Pradesh plans to attract aninvestment of Rs 10,000 crore in the tourism sector in the next five years, the release added.

“UP to Attract 28 Lakh ForeignTourists by 2017”

LUCKNOW:  The Associ-ated Chambers of Commerce ofIndia (ASSOCHAM) has pro-jected that Uttar Pradesh couldattract over 28 lakh foreign tour-ists by 2017 up from about 20.5lakh overseas tourists that vis-ited the state in 2013. The indus-try body has made the projec-tion in a recent study on tourismin UP, titled ‘Realising tourism po-tential in UP’. ”Increased thruston tourism sector developmentby the state government throughsteps like enhancing air connec-

tivity, development of heritage sites, better management of pilgrimage places and others cancreate about 10 lakh direct and indirect jobs in UP alone,” the study said.

“UP has become a prominent tourist hub for foreign visitors and is just behind India’s top citiesof Delhi, Mumbai and Chennai in attracting foreign tourists, earning foreign exchange and creat-ing direct and indirect employment opportunities,” said national Secretary General of ASSOCHAMDS Rawat said. Also, growth and development of tourism sector in UP could mobilise invest-ments in hospitality sector from both private and public sources and also attract indirect revenuelike tax collections thereby filling state’s coffers, he said. Registering a compounded annualgrowth rate (CAGR) of about eight per cent, UP had attracted over 20.5 lakh foreign tourists in2013 and the state had ranked fourth with just over 10 per cent share in total number of about twocrore foreign tourists that visited India during this period, the study revealed.

 Iran braces to a huge tourism surgein the second half of 2015

Iran is prepared for the “new shock” intourism and the Director of Iran’s Cultural Heri-tage, Handicrafts and Tourism Organizationsaid that the tourism industry will witness agrowing trend as he expects a massive in-flow of tourists to the country.  The tourist in-flow will increase dramatically in the secondhalf of 2015. Iran has already started workingin the lines of improving its tourism prospects.It has improved its transportation fleet, devel-oped its accommodation facilities and easedvisa restrictions to boost the tourism industry.

Iran holds countless ancient tourism sites. The country holds Asia’s 4th and the Middle East’s1st largest number of UNESCO World Heritage Sites. It is home to 17 historic sites inscribedon the UNESCO World Heritage List.  Iran has a range of hot mineral water showers in thenorthwest, offers hiking and skiing in the Alborz Mountains. Numerous attractions that includeits splendid architecture, beaches in the Persian Gulf and the Caspian Sea and remarkablescenery all add to the splendor and attraction of this destination.The country greets you withhospitality and warmth which is one of its strongest assets.

Spotlight on Tennant Creek tourismTennant Creek is the focus of a

new tourism blitz with a new TV cam-paign hitting the airwaves and thepopular Battery Hill mine tour restart-ing. “There’s a lot to see and do inthe Barkly and we want potential visi-tors to know all about it,” Chief Min-ister Adam Giles said.

Tourism NT has worked with theLocal Tourism Advisory Committeein Tennant Creek to develop a se-ries of TV commercials promoting astopover in Tennant Creek to expe-

rience culinary delights. “Leading Australian foodie Glenn Austin has been brought in to helpsell the Barkly’s gourmet message through this ‘Undercover Chef’ promotion,” Mr Giles said.

“Glenn has 35 years of experience in the food, beverage and hospitality industry, was thefirst Australian to sit on the World Board of Chefs and is Honorary Life President of theAustralian Culinary Federation. He has worked with businesses such as Hanuman andLasseters and is now turning his sights on Tennant Creek.” The commercials cost $20 000 tomake and will be screened on Imparja during the tourist season using two, one minuteadvertorial style content, which is a first for them. “This means both ads will run in the sameprime time program creating a more detailed message than can be achieved in a usual 30second ad,” Mr Giles said “The ads have just started screening on Imparja and are aimed atinfluencing the older, self-drive market when they are travel north during the dry season.”

The series has been filmed by local Central Australian company Bellette. “The closecollaboration between Tourism NT and the Tennant/Barkly tourism industry, through ourLocal Tourism Advisory Committee, has resulted in a fresh approach to promoting our region.The Undercover Chef promotion is a wonderful result, continuing the developing theme ofTennant Creek-A stopover full of surprise,” Chair of the Tennant Creek Local Tourism Advi-sory Committee Kate Foran said.

China issues travel advisory forSouth Africa

After UK and Australia, China becomes therecent nation to issue a travel advisory for SouthAfrica over the recurring xenophobic violencesince the last two weeks.The Hong Kong SpecialAdministrative Region Government issued thetravel advisory via its website on April 20. Thecaution reads, “Residents intending to visit thecountry or who are already there should monitorthe situation, exercise caution, attend to personalsafety and avoid protests and large gatherings ofpeople.”  South Africa and China were one of thebiggest travel trading partners and according to

the reports from the ministry of tourism, this move will further disturb the business prospectswhich is witnessing a steep decline since the second half of 2014.  The travel alert advisedthe Chinese residents in South Africa to call a 24-hour hotline contact number in case of anyemergency.

 The UK and Australia have also added warnings of the recent xenophobic violencetaking place in Johannesburg, Durban and other parts of KwaZulu-Natal.  “There have beenreports of localised disturbances and violence in Johannesburg, Durban and other parts ofKwa-Zulu Natal province. Monitor local media for more information and avoid affected areas,”said the British Foreign Office.  The Australian government stated: “We advise you to exer-cise a high degree of caution in South Africa due to the high level of serious crime. There havebeen reports of race-related violence in the villages of Kwa Mushu and Umlazi in Kwa-ZuluNatal, and in the central business districts of Durban and Johannesburg.”

TNZ, SIA and Auckland Airport unveilspartnership to lure Indian travelers

Tourism New Zealand has announced its joint venture partnership with Singapore Air-lines and Auckland Airport to accelerate high value New Zealand travel out of India. Withbooking validity till May 15, 2015, the special promotional fares of the campaign will beapplicable for the travel period of May to October 2015. Speaking about the partnership, StevenDixon, Regional Manager – South and South East Asia, Tourism New Zealand said, “We haverecently seen a surge in Indian visitors to New Zealand during the ICC Cricket World Cup2015. The mega sporting event was the ideal platform for us to showcase New Zealand toaspiring travellers from India. The partnership with Singapore Airlines aims to further increasethe rise of interest among Indian travellers to visit New Zealand. With the stunning scenery,diverse experiences and warm hospitality it offers, New Zealand is the perfect getaway forIndian travellers seeking a story to tell.”

 Through this campaign, the collaboration between the three parties lays foundation todeliver 50,000 arrivals from India on the India – Auckland route. The campaign will focus ontravel from the cities of Mumbai, Delhi, Kolkata, Bangalore, Chennai, Ahmedabad,Vishakhapatnam, Hyderabad, Coimbatore, Kochi and Trivandrum. Speaking about thepartnership, David Lau, General Manager India – Singapore Airlines said, “Our recent alli-ance with Air New Zealand provides additional, seamless connections to New Zealand.Auckland is a perfect gateway to Middle Earth and these special fares facilitate ease of travelto our customers who are looking to explore the wide diaspora of this country.”