Modi Opens IPL Can of Worms! Will the Allegations Stick to IPL and Modi?

It all started with Shashi Tharoor and his girl friend (Sunada Pushkar) when Modi laid bare Kochi Franchisees Share Holding Pattern. Ms. Pushkar has offered to let go of her seat equity and Tharoor lost his job. Once the Govt. put IT sleuths on Modi’s trail, his detractors who were overawed by the clout he had managed to generate, grabbed the opportunity to hit back, by laying bare his wheeling and dealings.
Its common knowledge that everyone in India looks to make a fast buck under-hand. Including those who level allegations. Neither politicians, taxmen or those from media can claim to be angels. As long as the curtain is down all are happy with “giving and taking”!
Unfortunately, Modi has unwittingly raised the curtain, letting all and sundry to have a ball on the stage! So what are the charges and allegations currently floating around? Here they are, for a quick read!
· Were the Bids for IPL Franchisees rigged in 2008 and the rigging allowed Modi’s relatives to own Rajasthan Royals and Kings XI Punjab, both of which were grabbed at very low price compared to other teams?
· Modi’s brother-in-law Suresh Chellaram is the largest stake holder in Rajasthan Royals with whopping 44.15%
· Mohit Burman who co-owns Kings XI Punjab is brother of Modi's stepson-in-law Gaurav Burman
· How did IPL/BCCI’s lucrative contract for digital media distribution to “Live Current Media” go to GCV and eventually ended up with GCV Mauritius which is run by none other than Gaurav Burman!
· How come Akash Aurora, a very close friend of Modi, manage to get a stake in Kings XI Punjab.
· How could Akash Aurora mange to get into “Live Current Media” through his firm Netlinkblue and form GCV?
· How could Modi object to Ms. Sunanda’s presence in Kochi team when he could brush aside allegations of his relatives getting in by statements like “They are all businessmen and they sensed a business opportunity in the IPL.” And “There is no direct link to prove that I have a vested interest in protecting my son-in-law's interests. What can I do if my son-in-law is a director of a company?" Obviously, its all fine if relative involved are that of Mr. Modi?
· Who pocketed the $80Million(~360Crores) commission paid by MSM to WSG after Modi brokered out of court settlement regarding TV and broadcast rights? Did not the money flow back to Modi?
· What were the sources of funds raised by Franchisees? Were they converting slush black money into white? And was IPL a willing partner in crimee?
· Has IPL/BCCI recorded all revenue and paid taxes on that?
· Were IPL contracts under-stated and hefty kick-backs routed to people involved?
· Are various contracts being placed on “friends and relatives” by sharing insider information including leaking of bid amounts
· Were the US$ 1 Billion Net Worth and US$ 100 Million Bank Guarantee conditions for 2010 IPL Team bids, set to blank out other bidders and help Modi’s business friends Adani and Videocon?
· BCCI smelled a rat and diluted the conditions, which resulted in Kochi and Sahara beating Adani and Videocon. While, IPL got higher bids, was Modi bent upon trying to get at least one of Adani or Videocon into the IPL league by pushing out Kochi?
· Did Modi offer US$ 50 Million bribe to Kochi Owners to quit the game?
· Why and how has Bid Documents of Adani & Videocon disappeared?!
· Who are Micheal Dalvi, & Jagdish Chandra Qatil and what is their dealings with Modi? (Rumors are flying thick about huge land deals Rajasthan)
· What is the relation between IPL admin and a BPO outfit with strong underworld links and which is allegedly co-owned by a Pakistan national?
· Is there a Connection between Modi, Mauritius and Kolkatta Fanchisee ?
· Is there any truth in stories of Team owners throwing matches? (Its alleged that up to 300Crore had been offered by bookie syndicates to Team Owners)

View More at: Complaints India – Sport Complaints

Its Raining Jobs in India. Indian Companies Draw up Big Plans for Hiring in 2010

According to Global consulting firms E&Y & Kelly Services over 5,00,000 jobs are expected to be created in IT, telecom, banking and healthcare in India in 2010 -20111 period.
Health Care- 2.5 Lakh Jobs
IT & ITES – 1.5 Lakh Jobs
Telecom – 1.0 Lakh Jobs
Banking Sector -0.4 Lakh Jobs
Experts expect strong demand of jobs from FMCG, Education, Construction & Industry Sectors
According to a study by Associated Chambers of Commerce and Industry of India (Assocham), manufacturing sector alone is expected to create 28Million new jobs by 2015. So that is great news for all aspiring engineers and technicians!
The (Assocham) report projects manufacturing, textiles, food and beverages, transport equipment, metals, leather and machinery to contribute most to employment generation
Meanwhile, several IT Companies have announced recruitment plans for 2010 according to Employment Consultants “Resumes India”
Infosys - To Hire 30,000
TCS - To Hire 30,000
WIPRO - To Hire 7500 Freshers
Accenture - To Hire 8000
Satyam - To Hire 5000
IBM - To Hire 5000
Honeywell - To Hire 1000
(All the above Hiring news released till mid April 2010 by companies are available at: http://www.resumes-india.com/newsdetails.html )
With Indian Economy on the upswing and GDP expected to grow by 8.5 to 9%, there will be large job creation. The Indian Employment scene looks bullish and that should bring cheers to jobseekers across the country. Freshers too should get absorbed in large numbers across all educational fields.

ISRO burns US$75Million as India’s First Satellite Launch Vehicle with Indigenous Cryogenic Engine Disintegrates.

India’s effort to launch Geo Synchronous Launch Vehicle ( GSLV-D 3) with homegrown cryogenic engine, was undone by massive failure of the cryogenic engine. A successful mission would have would taken India into the elite club of space-faring nations comprising the United States, Russia, certain European countries, Japan and China who possess the cryogenic technology

The GSLV flight was to have placed the 2.2 Tonne advanced communication satellite GSAT-4, into Geo Transfer Orbit.
The 49-metre tall three-stage Geo Synchronous Launch Vehicle blasted off at 4.27pm at the end of a 29-hour countdown but minutes later, the cryogenic engine which was to fire and take control from the initial liquid propellant stage, failed to ignite, resulting in mission failure.
The space vehicle tumbled uncontrollably and disintegrated. Obviously, the mission achieved little, except to prove that ISRO has not been able to demonstrate advanced indigenous technologies though millions of dollars of tax payers money is being burned, every year, to support the hugely manned organization.
Within minutes of the historic failure and without even going into the reasons, ISRO had no qualm in claiming that it will be ready to test again within a year. ISRO had invested Rs.330 Crores (Approx US$ 75 Million) on the Project. Its not sure whether this includes the fat pay and allowances of the work force. Obviously, since the tax payers in India seldom ask questions, ISRO need not bother about fund requirement for the next adventure!
Incidentally Chandrayan1, the moon mission, had to be aborted several months in advance and it damaged the country's space exploration program.

“The 100 million U.S. dollar moon mission survived for only 315days. It was scheduled for two years. It's a great loss to India's space explorations. The abandoning of the mission has dashed the country's most ambitious effort in space explorations. It was a major boost to the country's space program, particularly with India competing with Asian nations like China and Japan in this field," said space analyst R.K. Roy.
Contrary to ISRO’s explanation that Chandrayaan's orbit around the moon had been raised from 100km to 200km in May this year for a better view of the moon's surface (sic), it was revealed later that this had to be done because of a miscalculation of the moon's temperature that had led to faulty thermal protection and eventually the satellite could not be saved, and was virtually “fried” in space.

While critics even within ISRO, confirmed that the mission was a huge failure, the then chief of ISRO, Mr Madhavan Nair said it was a great success. “We could collect a large volume of data, including more than 70,000 images of the moon. In that sense, 95 percent of the objective was completed”. No wonder critics wondering how 95% of mission objectives could be completed with mission surviving less than half its intended life!
ISRO had tried to bask in the glory of American payload (moon Impact Probe) on the mission, finding water on Moon, claiming all over the place including the national television that Chandrayan found water on Moon! That was like driver of a truck claiming Nobel Prize since his truck had carried scientific instruments which was used in research.
ISRO can not brush aside failures (example: Loss of INSAT 4C and `strap-on' fire mishap suffered by the GSLV D1), camouflaging them as mere technical hitches. The country needs valid answers for the string failures, which have burned millions of dollars. Govt. of India should not get carried away by the technical jargon mouthed by ISRO. It needs to make ISRO officers accountable for the failures.
Heads need to roll in ISRO.
Article : Citizen Complaints