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Major News and Events of 18 May 2013

What Happened on 18 May 2013

CBI officer's interrogation for 3 days on bribe

Vivek Dutt, a CBI officer who led the investigation into coal blocks allocation was assigned three days in CBI custody. He was caught accepting Rs.7 lakh from a businessman as bribe to resolve a land issue.

CBI Special Judge V.K. Gupta awarded Dutt, inspector Rajesh Karnatak and the middleman Rajesh Pachisia and businessman Dinesh Gupta, to the stipulated three days CBI custody.

CBI had asked or 7 days custody whereas the court agreed to just 3 days for the interrogation. Dutt stated that he was innocent and he was entangled in a conspiracy so that he could steer away from the case of coal blocks allocation.

A case for cheating and land dispute was recorded against Gupta. Dutt supposedly tried influencing Delhi police to remove the case and for this he asked Rs 15 lakh as bribe.

Chinese Premier Li Keqiang on 3 day visit to India

The Chinese Premier Li Keqiang will come for a 3-day visit on Sunday and will have a meeting with Prime Minister Manmohan Singh on different matters.

Li will reach here on Sunday afternoon. The issues which will be discussed will include the border defence cooperation agreement which has been proposed by China. The Premier’s visit is after the 20 days Indo-China border tension where the Chinese troops got 19 km within the Indian Territory.

The issue got sorted out after several rounds of talks both military and diplomatic and then the situation reverted to what it was before. There were suggestions from India in the draft agreement.

Besides this, trade imbalance, issues pertaining to regional and international matters would also figure in the discussion.

Li would have meeting with the PM tomorrow evening while on Monday, he will be given a ceremonial welcome at Rashtrapati Bhavan.

Kings XI Punjab beat Mumbai Indians

Kings XI Punjab defeated the top team in the IPL, Mumbai Indians by 50 runs at the Himachal Pradesh Cricket Association Stadium in Dharamshala.

Adam Gilchrist, who has said he will retire from the 20-20 format of the game, played his last match here.

The team after losing the toss had to bat first and they made a competitive score of 183 for 8 wickets. Azhar Mahmood (80) and Shaun Marsh (63) were the top scorers.

In reply, the Mumbai Indians could make only 133 in 19.1 overs.

However, Kings XI Punjab was the sixth team with 16 points in the IPL and could not qualify for the playoffs.

Government thinking of closing down chit fund companies

In the event of the recent chit fund scam by the Saradha group and numerous instances of chit funds emerging without any restriction on them, the Parliamentary Standing Committee is contemplating closing down all the chit fund companies in the country.

Yashwant Sinha is leading this government panel which will also get into discussion with the RBI governor D. Subbarao. It was also universally accepted that there was failure in the government machinery to curtail the proliferation of these companies. In fact, there is no clarity regarding the number of chit fund operators in the country.

The parliamentary panel earlier had a meeting with the Finance Secretary R. S. Gujral and Revenue Secretary Sumit Bose and it emerged that they did not have a meeting among themselves which made the probe all the more tough and so conclusive steps could not be taken against chit fund companies. The need to revamp the entire system was felt as well.

Imtiaz Ali in love with Kashmir

Imtiaz Ali will be shooting again in Kashmir for the third time after Rockstar and Highway but this time in a valley obscured from public glare.

The Gurez Valley which is at a distance of 123 km north of Srinagar is nestled within snow covered ranges and is at the elevation of 8,000 feet above sea level. Movement to this valley was closed in 2007 for security reasons.

Imtiaz is of the opinion that Kashmir valley’s beauty has not yet been accurately portrayed by Bollywood.

He was addressing the students at the Kashmir University and has said to impress them with his word and down-to-earth attitude.

ZTE smartphones and tablets in market soon

ZTE will unveil five smartphones in India with a price range of Rs 5799-Rs 14999. It will launch tablets as well.

ZTE will collaborate with Calyx Telecommunications based in Pune for this. ZTE’s handsets are marketed by RCom, MTS and Tata as well as Idea Cellular.

The company aims to make 10% of its revenue through mobile business.

Right now the focus is on five states that are Maharashtra, Gujarat, Goa, Madhya Pradesh and Chhattisgarh and it will reach 60 cities through 7000 points.

By October end the phones and the tablets will be available in the market.

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