The Delhi High Court had on 8th June dismissed the bail pleas of Ms Kanimozhi and Kalaignar TV MD Sharad Kumar, saying they have strong political connections and the possibility of them influencing witnesses cannot be ruled out
New Delhi: Dravida Munnettra Kazhagam (DMK) Member of Parliament Kanimozhi and Kalaignar TV MD Sharad Kumar, accused in the 2G spectrum case, on Friday moved the Supreme Court of India seeking bail, reports PTI.
Ms Kanimozhi, the 43-year-old daughter of DMK chief M Karunanidhi, and Mr Kumar have challenged the Delhi High Court verdict rejecting their bail.
“We have filed a Special Leave Petition (SLP) on behalf of both Ms Kanimozhi and Mr Kumar challenging the high court order,” senior advocate VG Pargasm said.
The high court had on 8th June dismissed the bail pleas of Ms Kanimozhi and Mr Kumar, saying they have strong political connections and the possibility of them influencing witnesses cannot be ruled out.
Ms Kanimozhi and Mr Kumar, named as accused in the second charge-sheet for allegedly taking bribe of Rs200 crore, were arrested on 20th May after the special court dismissed their bail pleas in the case.
Both Ms Kanimozhi and Mr Kumar have 20% stake each in Kalaignar TV Pvt Ltd which allegedly received Rs200 crore through a ‘circuitous’ route from Shahid Balwa promoted DB Realty.
The DMK chief’s wife Dayalu Ammal, who has been left out of the list of accused, owns the remaining 60% shares in the television channel.
Ms Kanimozhi and Mr Kumar had moved the high court on 23rd May challenging the trial court’s order which had rejected their bail pleas, saying the offence attributed to them was grave and the possibility of influencing the witnesses cannot be ruled out.
CBI special judge OP Saini had on 20th May rejected the bail pleas of Ms Kanimozhi and Mr Kumar and ordered their ‘forthwith’ arrest. They are currently lodged in Tihar Jail.
Ms Kanimozhi, who sought bail in the special court on the ground of being a woman, had approached the high court seeking relief citing the need to look after her school-going child who is devoid of her care as his father is working abroad.
Justice Bharihoke had on 23rd May dismissed bail pleas of five corporate honchos, including Unitech Group MD Sanjay Chandra and Reliance ADAG MD Gautam Doshi in the case, saying there was a possibility that they may influence the witnesses.
The Index of Industrial Production (IIP) registered a growth of 6.3% in April as per the new series that was released today with a base year of 2004-05, but factory output nosedived to just 4.4% as per the old series, a sign that the slowdown in the economy was clear
New Delhi: Industrial production, as measured by the Index of Industrial Production (IIP) registered a growth of 6.3% in April as per the new series that was released today with a base year of 2004-05, but the slowdown of the economy was clear as factory output nosedived to just 4.4% as per the old series, reports PTI.
The poor performance of the manufacturing and mining sectors pulled down the overall growth of industry as per the old series with a base year of 1993-94 from 16.6% in April last year.
Meanwhile, factory output in March was revised upward to 7.8% from the provisional estimate of 7.3% released last month.
As per the old series, growth in manufacturing, which constitutes about 80% of the index weight, nosedived to 4.4% in April from a high of 18% in the same month last year.
Mining also grew by a meagre 2.1% during the month under review as against 12% in April 2010. Growth in electricity production also dipped to 6.4% in April from 6.9% in the same period of the previous year.
Another area of concern was the low offtake of capital goods, whose production growth was just 2.5% in April 2011, compared to 64.1% in April last year.
Overall, consumer goods also saw the growth rate slow to 5.9% in April from 11.9% in the same month last year, as per old series.
Meanwhile, as per the new series, manufacturing growth in April stood at 6.9%, while mining and electricity production was up 2.2% and 6.4%, respectively.
Capital goods registered a growth of 14.5% and overall consumer goods were up by 2.9% in April as per the series with a base year of 2004-05.
Production trends for 100 new items, including ice cream, fruit juice and mobile phones, has been included for measuring the pace of industrial production in the new index series, which was recently approved by the government.
The new items in the IIP also include computer stationary, newspapers, chemicals like ammonia, ammonia sulphate, electrical products like solder power systems, gems and jewellery and molasses.
On the other hand, obsolete articles like typewriters, loud speakers and VCRs have been taken off to make the series representative of the present-day industrial production and demand scenario.
The base year for the new series is 2004-05 as against 1993-94 for the old one.
The new IIP series is expected to help policymakers and market participants forecast economic trends.
The Department of Industrial Promotion and Policy (DIPP) and Central Statistical Organisation (CSO) jointly worked on the new index.
The ‘Complete Man’ campaign, perhaps one of India’s longest running ad ideas, seems to have lost its potency. But the new Raymond’s commercial brings back flashes of the old spark
The Raymond 'Complete Man' must be one of India's longest running ad ideas. Surely, it must be paying dividends for the company for it to continue to flog it for decades together.
However, I must say that in recent times the campaign seems to have lost its potency. In the last few years, emotion and lifestyle were being forced into the ads, as the Raymond suit desperately tried to come across as a complete man. And he only managed to appear incomplete. I, for one, had already written the Complete Man's obituary.
It was clear the campaign was long past its sell-by date. And Rajiv Agarwal, the veteran ad man who founded the idea, who started it all many years ago at his then ad agency Enterprise Nexus, also feels the campaign has regressed over the years. In a recent interview with me for Impact magazine, he said, and I quote, "I feel they have not allowed the concept to naturally grow. Styles change, tastes change. The campaign seems to have got stuck in some moment in time." Very true.
However, Raymond's new commercial has flashes of the old spark. It packs in emotion and tradition quite naturally, and the suits should connect with it.
The ad features a young, excited, suited chap arriving home. His poor mom is seen watering the plants. He grabs her, waltzes with her, and then shows her his letter of appointment for a hot job in Singapore. The mom is of course very pleased at her son's success, but she looks a bit worried too. For this means her dear beta would now fly away forever, leaving her all alone to water the stupid plants. But, no worries. Our caring young suit shows mommy her passport and one-way ticket (she's flying with him!), and then touches her feet for blessings.
Good one. Tugs at your heart strings and the Raymond suit fabric doesn't interfere with the situation. And more importantly, the ad is very relevant in today's corrupted times, when many high flying suits dump their parents in old age homes, and then flee. Hopefully, they'll watch this ad, feel a bit guilty, mend their ways, and maybe buy a Raymond suit too. Yup, this is the complete man of yore.
Now let's hope Raymond doesn't lose the plot yet again in the next effort.