Following the expiry of the agreement, S&P CNX Nifty Index has been renamed as CNX Nifty Index. The ‘S&P’ trademark has also been dropped from the names of other indices of the National Stock Exchange
International financial market indexing and ratings major Standard and Poor’s (S&P’s) has ended its licensing agreement for benchmark indices of the National Stock Exchange, following which the Indian bourse cannot use S&P name for any of its products.
S&P had a licensing arrangement with India Index Services & Products (IISL), a joint venture between NSE and Indian ratings agency and S&P group firm Crisil, under which the Indian bourse was using S&P trademark in the names of its various indices including market benchmark Nifty.
However, the licensing agreement has expired with effect from 31 January 2013, IISL said in a statement today.
Following the expiry of the agreement, S&P CNX Nifty Index has been renamed as CNX Nifty Index, while ‘S&P’ trademark has also been dropped from the names of other indices—namely Defty, Nifty Dividend, CNX 500, Nifty Shariah, CNX 500 Shariah and CNX Industry Indices.
For a movie that is the brainchild of the so called ‘intellectual’ of Tamil cinema, the movie is painfully childish and stupid even, in bits. And there’s the threat of a sequel coming soon, to boot, much more real than any terrorist threat
While I certainly don’t know enough to comment on whether the content in this movie is offensive to certain religious/cultural groups, I will certainly say this though. A preview screening to people moderately knowledgeable in physics or chemistry would have drawn much more ire than any other particular section of people. At a bloated two-and-half hours running time, Kamal Haasan’s Vishwaroopam misses the mark by a fair bit. Engineered as a one-man show, the movie has its share of guilty pleasures but as the movie progresses, the plot competes with the audience’s patience as to which wears down thinner the fastest.
The premise is somewhat similar to James Cameron’s True Lies initially: Husband leading a double life, a frustrated wife, etc. The plot then moves into the conventional terror/ anti-terror territory with Kamal as a RAW agent infiltrating the Al Qaeda (LOL) and later racing to save the Big Apple. These two lines possibly sum up 147 out of 148 minutes of the running time with one minute’s grace for credits. Only colanders are more perforated than this movie’s plot.
If there is anything to write home (positively) about, it is the first fight scene, done with panache. That also seems to borrow from the Sherlock Holmes series’ slow-mo and normal speed fights. Although it is done the other way around for a minimal originality claim. Kamal’s portrayal of the slightly effeminate dancer is also decent. That apart, the movie has its share of unintentional laughs, veteran actor Nasser being the primary source of the funniest ones. He knows only Arabic, but he has a Tamil accent. He also runs around hip-firing from an 11mm machine gun. To a person acquainted with FPS games like Call of Duty and Battlefield which realistically simulate battle conditions, these battle scenes would seem appalling. If you’re spending Rs95 crore, you might as well make good use of it. But no, the NATO attack scenes would make Treyarch and Infinity Ward (creators of the Modern Warfare and Black Ops series), let alone real soldiers, cringe in horror. If it’s done right in a bloody video game, do it right in a mega movie, for Pete’s sake. As a vehicle to portray Kamal Haasan’s stardom, this movie does a good job because he has, possibly intentionally, managed to make noteworthy stars like Shekhar Kapur and Rahul Bose ham so badly that his own over-acting seems quasi-credible.
As is with a lot of Kamal Haasan’s movies, there is his usual commentary on the existence of God or lack thereof, though his character is that of a Muslim devout enough to roll out the prayer mat and offer his prayers in the vicinity of a dirty bomb, knowing fully well that he is delaying an FBI op. For a movie that is the brainchild of the so called ‘intellectual’ of Tamil cinema (world cinema, one could argue, given his moniker), the movie is painfully childish and stupid even, in bits. It doesn’t work on any level. And there’s the threat of a sequel coming soon, to boot, much more real than any terrorist threat.
The decline in industrial output for November 2012 has been revised downwards to 0.84% from a contraction of 0.1% in the month as per the provisional estimates released last month
The country’s industrial output contracted to a three-month low of 0.6% in December on account of the poor performance of manufacturing and mining sectors and a slowdown in production of capital as well as consumer goods.
Industrial output, as measured by the Index of Industrial Production (IIP) had grown by 2.7% in the corresponding month of the previous year.
Industrial production growth stood at 0.7% during April-December period of FY13, down from 3.7% in the same period of 2011-12, as per the official data released today.
Meanwhile, the decline in industrial output for November 2012 has been revised downwards to 0.84% from a contraction of 0.1% in the month as per the provisional estimates released last month.
The growth in industrial output for October last year has, however, been revised upward to 10.66% from the first revision of 8.3% released last month.
The manufacturing sector, which constitutes over 75% of the index, registered a contraction of 0.7% in December in 2012 compared to a growth of 2.8% in 2011.
The mining output in December last year contracted by 4%, as against a decline in production by 3.3% in the same month in 2011.