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Major News and Events of 14 August 2012

What Happened on 14 August 2012


Anger cannot be an excuse for attack on democracy: President

Pranab Mukherjee in his first public speech as India's new president said that anger against corruption is legitimate but it would result in chaos if street protests became the order of the day. In his Independence Day-eve speech to the nation he said, "Anger against the bitter pandemic of corruption is legitimate, as is the protest against this plague that is eroding the capability and potential of our nation." In what seemed to be possible reference to the protests by Anna Hazare and Baba Ramdev, the president further stated,"There are time when people lose their patience but it cannot become an excuse for an assault on our democratic institutions".The president emphasized the immense importance of parliament in a democratic set-up.

Deshmukh dies in Chennai

Union minister and former Maharashtra chief minister Vilasrao Deshmukh passed away at a Chennai hospital on Tuesday after prolonged illness. Doctors were to give him liver and kidney transplants but the donor died before this could be done. Deshmukh was brought in critical condition from Mumbai on August 6. The parliament was adjourned after this news came.Deshmukh's funeral will be held on Wednesday evening at his village Babhalgaon.

Chennai Petroleum plans a capital expenditure of Rs.760 crore this fiscal

Oil refining company Chennai Petroleum Corporation Ltd (CPCL) has planned a capital expenditure of Rs.760 crore this financial year on various projects as per a top company official. The CPCL managing director A.S. Basu has stated about 50 percent of the investment will be for the company's resid upgradation project. There would be investment also in laying the crude oil pipeline connecting Chennai port with the refinery. The project would be finished in 30 months once it receives the  environmental clearance. This would help CPCL to increase its gross refinery margin by around $1-2 per barrel.

Mary Kom criticizes level of refereeing at London Olympics

Olympic bronze medallist M.C. Mary Kom today criticized the level of refereeing in the boxing competitions of the London Games. She said the decision making affected Indian boxers and there were protests from other nations as well. Decisions made during the bouts of Sumit Sangwan, Manoj Kumar and Vikas Krishan were controversial. In fact Vikas Krishan,went out of the competition in the pre-quarterfinals after being declared the winner. Mary said there was lot of politics in the Games this time and some of the judges and referees didn't have much experience.

 

SRK gave no hint for female lead of "Chennai Express"

 Shah Rukh Khan did not confirm whether Deepika Padukone will feature in his much discussed film "Chennai Express". He said that he was the producer of the movie and it was a director's call on that. Rohit Shetty is the director of the movie and Shah Rukh plays the main lead. This would be second movie of the two together if Deepika is confirmed for the role.

Certain Figo and Classic Models recalled by Ford

The Indian unit of Ford Motor Co. is in the process of recalling some Figo hatchback and Classic sedan models. The reason is that there can be potentially faulty parts which may lead to breakdowns or even fires. Ford is in the process of inspection of both gasoline and diesel variants of the Classic manufactured between January 2008 and December 2010.  In case of Figo, models made from March 2010 to December 2010 is being recalled for a crack which may be there in the rear twist beam.




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