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Major News and Events of 09 September 2013

What Happened on 09 September 2013


Modi may be PM candidate by 17th Sept

 

As per sources, odds are more likely that Gujarat Chief Minister, Narendra Modi, will be named as the prime ministerial candidate of BJP for the 2014 General Elections a few days before his birthday on 17th September. Indications came as senior BJP leaders and RSS leaders went in the two-day long meet on Sunday, for developing a harmonized plan on the "ideological matters" in advance for the next year's elections. An announcement is expected for a formal meeting of the parliamentary board of BJP, just a few days before 16th September.

Muzaffarnagar clashes: Mayawati demands of Presidents rule in UP

 

Former Chief Minister of Uttar Pradesh and the current chief of Bahujan Samaj Party, Mayawati, has demanded of President's rule in Uttar Pradesh following the communal violence in Muzaffarnagar district which have left around 28 people dead in the past two days. She criticized the Samajwadi Party Government for failing to manage law and order amidst communal clashes. She also disproved of the accusation placed by the SP government that the BJP was behind the communal riots. "The present state government has acted very late. It has allowed communal tensions to simmer for 10 days and I can say that they are presiding over Jungle Raaj in the state," said Mayawati. She further added that, "The state Government is trying to hide behind falsehood and are trying to cover up its incompetence".

Mutual funds' exposure to bank stocks hits 19-month low

 

Mutual Fund exposure to the banking sector has recorded the lowest in over one and a half years, as per the latest data of SEBI. The Mutual Fund (MF) industry's investment in the banking stocks was Rs. 28,862 crore on 31st July, which was 16.93 % of their overall equity assets under management of Rs. 1.70 lakh crore. This was their lowest since end of year 2011, when the total value stood at just Rs. 26,335 crore. Also last year in December, the mutual funds' exposure rose to Rs. 43,659 crore. The under-performing market is because of the various steps declared by the Reserve Bank and failing asset quality of the public sector banks, as per market analysts.

IPL spot-fixing case: Ajit Chandila gets bail

 

Cricketer Ajit Chandila was granted bail today by a Delhi court after he had been arrested on the allegations of spot fixing during the IPL 6. As per reports, the court said that there are some "missing links" in the case and it would have to be re-examined. Baburao Yadav, an ex-domestic player and Deepak Kumar, a supposed bookie, were also granted bail. As per the Judge, it was surprising that there are missing links in the case and it will be sent to the Commissioner of Police for re-examination. Delhi Police spokesperson however, refused to substantiate this development and insisted that the Delhi Police had not yet received the court report.

Phablet sales increase 17 folds in Q2

 

As the Dual Sim handsets did it in the basic phones segment almost a decade back, large Phablets with 5-7 inches screen size, are making the outline of the Indian Smartphone market today. Strategic numbers revealed by the International Data Corporation on 29th August, indicated that the sales of Phablets grew by a whooping 17 times in the Q2 of 2013. About 30 percent of the Indian Smartphone market contains of Phablets as against just about 5% last year. The promising Phablet territory is at 5 inches.

An actor should do films for audience: Shahid Kapoor

 

Bollywood Actor Shahid Kapoor believes that an actor should do films for the audience. The 32 year old actor is looking forward to his forthcoming release "Phata Poster Nikhla Hero". In an interview, he said that, "Every actor has hits and flops but the most important thing for the actor is whether the audiences want to watch you (on-screen), they like you? If the audiences like or reject your films, you can change, you can improve your choices but if the audiences don't want to see you, then that's a big problem". He further added, "So you should always do the films for your audience and you should always have a relationship with your audience".