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Major News and Events of 11 July 2012

What Happened on 11 July 2012


Monsoon, a cause of concern for certain crops

The crop situation, specially the sowing of coarse cereals like maize, bajra and jowar, is a cause of concern in Karnataka and Maharashtra as stated by Union Agriculture Minister Sharad Pawar. Though monsoons have covered the country in the last 10 days the sowing of these crops has been affected due to slow progress and delay in monsoons.  50% of sowing is already done for these crops.

This year monsoon is deficient by 23%. In fact there is shortage of drinking water as well in Karnataka and Maharashtra due to scanty rainfall.

Sangma camp not giving up in the Presidential polls

The Supreme Court has described the plea by social activist Iniyan John, which challenges the Presidential candidature of Pranab Mukherjee, as frivolous and dismissed the same. The petition specified that Mukherjee while holding the office of FM had withheld the names of the people having accounts in foreign banks defying Supreme Court’s directive.

On the other hand PA Sangma’s team have warned that they would file an election petition in the Supreme Court against Mukherjee if Sangma loses the July 19 presidential poll. They said they need to wait till the results are out. They were quite sure that Sangma would win but if he doesn’t then they have a set plan of action.

Worldhotels to set up 20 hotels in India by next year, ties up with Golkonda Hotel

 

Worldhotels the Germany-based hospitality major has tied up with four star Golkonda Hotel in Hyderabad. With plans of expansion the group wants to run 20 properties in India by 2013. Golkonda Hotel has undergone Rs.30 crore renovation project to meet the requirements of being a part of Worldhotels network. It stands to benefit from the Worldhotels' 32 sales offices and a clientele from across the world.

Worldhotels has 12 properties in India which include Worldhotel Turquoise in Chandigarh, Asiana Hotel in Chennai, The Claridges in Delhi, Pride Park Premier in Gurgaon, The Sahara Star in Mumbai, Amby Valley in Pune and Matthan Hotel in Bangalore.

18.6% increase in net profit of HDFC

 

HDFC, India's largest mortgage lender, has announced that their net profit rose by 18.6% in the second quarter at Rs.10019.10 million compared to last year’s Rs.8,445.30 million . As loans to individual home loan borrowers have shown impressive growth, this can be one of the key factors for the development.  

Its total income was to the tune of Rs.49, 423.10 million during the quarter (under review) up by 29% from the last year’s figures of Rs.38, 216 million.  Its loan book figures in the second quarter stands at Rs.1.48 trillion (under review).  This does not take into account Rs.4978 crores of loans sold to HDFC bank the sister concern of the company. 

The sole judoka from India feels she will make it big at the London Olympics

 Garima Chaudhary, the sole judoka who would represent India at the London Olympics, aims to make it big with winning a gold medal. She has qualified in 63 weight category and is ranked 88th in the world. The 22 year old got the continental quota spot based on her consistent performance in the international level in Paris World championships last year, impressive show in the World Cup in Warsaw and the Asian championship in Tashkent in 2012.

She said for her Olympics is just another sporting event and that she was confident she will do well as she has studied the moves of her opponents by watching their videos. She knew what moves she has to take while facing them.

Micromax launches Android Smartphone for Rs. 8490

Micromax has launched the Micromax Superphone A80 Infinity at an attractive price of Rs. 8,490.The configurations include Android 2.3.4 Gingerbread OS, 800 MHz processor, 3.75-inch TFT capacitive touchscreen, 5 megapixel camera, and a 2500 mAh Li-ion battery with a standby time of 288 hours and a talk-time of 7 hours plus a dual SIM option.  The camera has features like multiple video recording formats; multi shot options, night vision setting, and camera sensor. Other features include 512mb RAM, 0.3 megapixel camera, and internal memory expandable by 32 GB with a microSD card.

"Oprah's Next Chapter" to Discover India

 

Oprah Winfrey will share her maiden visit to India where she explored its different facets in two part series known as "Oprah's Next Chapter". This will be shown simultaneously on Discovery Channel, TLC and Discovery Channel Tamil on July 20 and 21.

Discovery Channel intends to showcase how the iconic TV personality has absorbed the Indian culture while she was here and was communicating with people from different walks of life.  Oprah feels she has moved to the next chapter where she has left the studio chair and interacted with people whom she loved knowing.




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