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Friday, March 9, 2012

'Bollywood today filled with jhingas, girgits'

By Hindustan Times

Mumbai, March. 6 -- Comic legend Mehmood's son Mansoor has just released an album titled Sabrina named after his daughter. The 44-year-old who now stays in Bangalore, ran an estate agency business in New York for 15 years and has taken to professional singing recently.

"I got into singing because some of my father's genes trickled down into me. I was always a bathroom singer. But I'm not trained at all and never want to be trained too." Mansoor's brother, Lucky Ali, is also a singer and is well-known in the music world. "The reason my brother Lucky and I are into singing is because my father was an amazing composer and singer. He wrote 99 per cent of the songs for the movies he made, but gave the credit to music directors he used, so that they could make a name for themselves and earn a living," claims Mansoor.

Does this mean Mansoor could also do playback singing in films? "I never considered playback singing. Except for two of my brothers, Sanjay Dutt and Salman Khan, there's no one in this Hindi film industry who matters. The rest of your socalled Bollywood today is just filled with a bunch of jhingas, girgits, broiler murgh pehlwaan and Sheikh Chilli Billis. And it would kill me to see any of them hopping around like jerks pretending to be my voice. I will never ever let that happen, even if I starve to death," he says proudly.

And what about acting? Mansoor says, "I have no acting aspirations whatsoever because I can never be fake and phony. My dad was never an actor. He was a naturalist, a cut above all these so-called actors. I've never been offered Bollywood roles and don't want anyone to either. They would just be wasting their time and mine," he adds.


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India, China to hold maritime talks for the first time ever

New Delhi:  In what comes as a huge confidence-building measure, India and China today decided to begin a dialogue on maritime issues. The proposal for talks, a first for both neighbours, was mooted by the visiting Chinese foreign minister, Yang Jiechi, during his meeting with his Indian counterpart, SM Krishna.

Mr Jiechi, who arrived in Delhi yesterday, is on a two-day state visit to India.

The dialogue, the mechanism for which is yet to be worked out, is crucial given the fact that it comes in the wake of the Chinese navy increasingly trying to assert itself in the Strait of Malacca and the Indian Ocean region. Beijing has decided to increase its naval capabilities following years of expansion in its armed forces while India has also re-prioritised its strategy by ordering more ships.

More significantly, Sino-Indian ties have been strained recently with China expressing its objections to India's oil and natural gas exploration in the South China Sea. India, on its part, has refused to suspend the exploration activities.

The latest initiative to include maritime issues as part of bilateral talks would thus, serve to reduce the tension ahead of a crucial visit to India by Chinese premier Hu Jintao, scheduled later this month.

Both ministers also discussed several key issues including Arunachal Pradesh, Tibet and the recent ill-treatment meted out to Indian traders by Chinese authorities.

"Every possible issue that is raised whenever India-China dialogue takes place were raised and we have understood each other's position and we have understood the perspective and we will continue to exchange these," Mr Krishna told reporters after the meeting.

Although ties between India and China have improved in recent years, tensions still remain over Arunachal Pradesh. Recently, China had objected to Defence Minister AK Antony's visit to the state.

Meanwhile, a group of Tibetans held protests this morning in the national capital. They were protesting the Chinese crackdown in Tibet.

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I've made mistakes, but satisfied overall: Tusshar

By Hindustan Times

His father Jeetendra was a yesteryears icon, while his sister Ekta is fondly called a TV czarina, but Tusshar Kapoor is stil struggling to make it big. The actor admits he made mistakes in his career, but is enjoying the current phase.

"So far the journey has been very fruitful. I have made mistakes, but it has been a learning experience. I have learnt so much while meeting and working with different kind of people. Overall it has been very satisfying. I have learnt everything on job," Tusshar told IANS on the phone from Mumbai.

Tusshar made his Bollywood debut in 2001 with Mujhe Kuch Kehna Hai alongside Kareena Kapoor. After that he appeared in a string of films like Kyaa Dil Ne Kahaa, "Kucch To Hai, Gayab but all of them failed to rake in moolah at the box-office.

However, a breakthrough in his career came through Golmaal where he played a mute boy, a role that earned him rave reviews.. He went on to prove his versatility by doing intense roles in films like Shootout at Lokhandwala, Shor In The City and most recently The Dirty Picture.

"I never planned my career. It was in my mind that I want to be an actor. I am enjoying this phase as I have been receiving different kinds of films. After comedies like Golmaal, Life Partner, I did films like Shor In The City, which proved my versatility. It is important for an actor to prove he or she is versatile because this industry has been of those have been versatile in their careers," said Tusshar

"I have been improving and climbing up the ladder of success. The perception of people towards me, as an actor, has changed a lot. People have started taking interest. They know me as an actor now, not only in metros but also in small towns which is the most satisfying thing. They know me as Tusshar Kapoor," he added.

After The Dirty Picture, Tusshar is gearing up for the release of his new film Chaar Din Ki Chandni. Directed by Samir Karnik, it features Kulraj Randhawa in the female lead.

It releases Friday.

And the actor is all praise for Karnik, whose last release Yamla Pagla Deewana, was a blockbuster.

"We had a lot of fun working on the film. Karnik is a very energetic person and knows what he wants. There was a lot of positive energy on the sets, the whole 50-day shoot was fun," he said.


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Rahul Bose to direct again!

By Hindustan Times

Mumbai, March. 6 -- Eleven years after his directorial debut, Everybody Says I'm Fine (2001), Rahul Bose gears up to go behind the camera again. After a decade of trying to raise funds, he's finally found a producer in Mahesh Bhupathi and Lara Dutta's Big Daddy Productions, with Anurag Kashyap jumping on board as co-producer. The film is an adaptation of Mohsin Hamid's novel Moth Smoke (2001) that was New York Times' 'Notable Book of the Year'.

"I read it 10 years ago and have lived with it for eight years," says Rahul, admitting the first draft was written six years ago and since then has been rewritten 15 times. "Preparations have been in-depth and the insecurity that every firsttime director goes through will be considerably less this time. Even our Indian technicians are more settled today, and with the producers being on the same page, I feel happy and safe with my international arthouse movie."

The film flags off on November 1, and Rahul plans to complete the shoot by the year-end, on location in Patiala, Delhi and Mumbai. "It'll be ready by March. We'll miss Berlin, but we should be able to showcase it at Cannes," he says, and is planning to tour with it to all the major festivals, including Sundance, Venice and Toronto.

Mira Nair's Reluctant Fundamentalist (2012), based on Mohsin's other cult novel, should be out by then as well. Rahul, who was recently honoured with an award for National Integration by the Maharana of Mewar Foundation, earlier bagged by the Dalai Lama, Javed Akhtar, Shabana Azmi, Shashi Tharoor and Teesta Setalvad, agrees that 2012 will be a memorable year.

"I started it with the Equations sports auction that raised over R1 crore for my charity, went on to bag an award at a time when there was an exaggerated sense of division between castes, religions and geographical communities, and should be finished with Moth Smoke by the year end," he says.

Prod him on his choice of Moth Smoke, and he says he was drawn by the madness, passion, sadness and subterranean eroticism running through the novel about a fatal and all-consuming love. So will he act in it? He laughs, "I want to, but the director doesn't want to cast me even though I've told him I'd be available for the casting couch."


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Chinese police may have power to disappear people

Beijing:  China is preparing to overhaul a key criminal law amid public confusion - and some dread - over whether the government is about to give police the legal authority to disappear people.

At issue is an amendment to the criminal procedure law that would allow police to secretly detain suspects for months without informing their families. The effect would be to legalize the secret detentions police have increasingly been using against political critics, activist lawyers and other dissidents. Activist Hu Jia, himself living under a form of house arrest, has dubbed it the "KGB clause."

The proposed powers, when first mooted in a draft released last summer, caused uproar among legal scholars, who called them dangerous, and ordinary Chinese, who posted comments online to the government's draft by the tens of thousands.

Now, as the national legislature prepares to pass the revised law during its annual session which starts Monday, it isn't clear whether the proposed changes are still in the bill. New drafts have not been released, as is typical in China. One well-connected scholar claims the clause has been excised out, but others say it's uncertain or won't say.

Chi Shusheng, a lawmaker and lawyer from Heilongjiang province with a reputation for defending human rights, said she last saw the revised law in January.

"I think there's been some progress," Chi said. She wouldn't elaborate.

Members of the National People's Congress legal committee, who advise the drafting of the law, declined to talk.

"Wait until the final version comes out," said Zhou Guangquan, a legal scholar and committee member. "It's not convenient for me to discuss it now."
Chinese laws are generally crafted by the central government behind closed doors with little public consultation, though there have been experiments with increased transparency in recent years. The precise reasons for the secrecy aren't entirely clear, but seem borne out of habit and expediency.

Behind the uncertainty is a tug of war between people who think China needs greater legal protections to keep advancing, and the security establishment and politicians who see a strong Communist Party as the best guarantee of the country's continuing success.

Chinese society, poor and egalitarian 30 years ago, has been stratified as decades of economic reforms create droves of millionaires and push up a new middle class while leaving behind others. People increasingly turn to the law to protect their rights and to protest when other methods don't work.

More open Chinese media and the Internet have raised awareness about miscarriages of justice, such as wrongful convictions, and the need for legal safeguards.

"People are increasingly realizing that procedural justice matters," said Joshua Rosenzweig, a human rights researcher based in Hong Kong. "There is also a general sense too that public power, the power of the state, needs to be checked."

The proposed revisions to the criminal procedure law, last amended 15 years ago, attempt to address the changing demands of this remade society. It includes rules on the exclusion of illegally obtained evidence and enshrines the privilege against self-incrimination, both measures meant to better protect detainees, said Flora Sapio, a visiting scholar at the Chinese University of Hong Kong and an expert on Chinese law.

For the most part, though, the overhaul consolidates existing rules and regulations without significantly breaking new ground, Sapio said.

The controversial exception is the expansion of police powers in Article 73 on "residential surveillance," a kind of house arrest without charge. The August draft said police could hold suspects under residential surveillance - at a fixed location outside their home - for up to six months without notifying families in cases involving state security or terrorism or if notification would impede the investigation.

In practice, police have disappeared regime critics, from Nobel Peace Prize winner Liu Xiaobo and his wife to prominent avant-garde artist Ai Weiwei, who disappeared into police custody for nearly three months last year.

Ai's wife Lu Qing, who was distraught over the official silence during her husband's disappearance, has written an open letter to the government saying that codifying the more muscular powers for police would mark a "legal setback for China and deterioration of human rights."

The outcry may have had some effect. One prominent Beijing legal scholar, Chen Guangzhong, said this week that Article 73 has been changed from its August version and now requires that families be notified within 24 hours if a relative is put under residential surveillance in all cases except when the family cannot be reached.

Chen said he has not seen the latest version himself but was informed of the change by a colleague who he declined to identify. Chen was among the more vocal critics of the August draft when it came out.

"Personally speaking, I am relatively satisfied," said the 82-year-old tenured professor at the Chinese University of Political Science and Law in Beijing.

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R Madhavan takes a break from films!

By Hindustan Times

Actor R Madhavan, who has acted popular Bollywood films like Rang De Basanti and 3 Idiots, is taking a six month break from movies.

The 41-year-old was last seen in Bipasha Basu starrer Jodi Breakers, which bombed at the box office. He is currently wrapping up an ad film. "Finally
done. Last day of shoot for the next 6 months. Finally a break after 12years. Am off for that much delayed and deserved Sabbatical," he posted on Twitter.

Madhavan began his acting career with television guest appearances and got his much needed break in Gautham Menon's Rehnaa Hai Terre Dil Mein.


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Shahid Kapoor set for rugged action!

By Hindustan Times

He has largely been known as the chocolate boy in Bollywood. But Shahid Kapoor is set to undergo a transformation for UTV’s Hindi remake of the Tamil action venture, Vettai. Released this January, The Arya-R Madhavan starrer was produced by the same banner. Shahid is likely to play the part
originally portrayed by Arya.

When contacted, Siddharth Roy Kapoor, UTV Motion Pictures’ CEO confirms: “Yes, we are in advanced discussions with Shahid, but till we make a formal announcement, I wouldn’t like to say much about the cast.” N Lingusamy will apparently direct the Hindi remake too, while Madhavan may also reprise his role.

Vettai revolves around two brothers — the younger one played by Arya, and the older, by Madhavan. While the latter is sensitive to violence, Arya is a jobless rogue. After being beaten up by goons, Madhavan becomes stronger, thanks to the training he receives from his younger brother. The two then get back at two goons and protect their family.

“Vettai is essentially an action film, but like other south Indian films, it also has a dose of masala entertainment including humour, stunts, dance, songs and romance. But in terms of genre, it’s an action – rough and rugged kind – film,” says Kapoor, adding that the production house has had a “fantastic start” to 2012. “The last few months have been very good for us.

Starting with Vettai, our big release on Pongal, we have had a great run with Ek Main Aur Ekk Tu, Tere Naal Love Ho Gaya, and now, Paan Singh Tomar,” he says, adding, “Everything boils down to making the right creative choices. Thankfully, we’ve managed to do it.”


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Shiv Sainiks police film set to ensure no foreigners

Mumbai:  There were some unexpected guests on the sets of Tezz at Filmistan Studios yesterday.  A couple of Shiv Sainiks arrived to check on the foreigners who were present for the shoot.

Mallika Sherawat, who is doing an item number Laila in the movie, was shooting when the Shiv Sainiks arrived. The film stars Ajay Devgn, Anil Kapoor, Zayed Khan, Kangna Ranaut and Sameera Reddy.

A unit source said, "They (Shiv Sainiks) said that they would not allow foreigners to shoot for a Hindi movie in Maharashtra."

The source adds, "The production head explained to them that the foreigners were there for a couple of shots that would be wrapped up in just an hour."

But according to an insider, "The production personnel told the Shiv Sainiks that there were no foreigners on the sets. The dancers present were all members of their respective association.

It was just that since the film's story is set in London, we had a couple of foreigners playing cops coming to check the pub for Ajay and Zayed's characters, while Mallika is performing."

Fortunately for the Tezz team, the issue was sorted out by late afternoon. "After we had finished couple of shots featuring the foreigners, they left. And the shoot continued as normally as before," informs the unit source.

Producer Ratan Jain confirmed that some Shiv Sainiks had arrived on the sets. "My people spoke to them and it was sorted out. The shoot is going on and will be wrapped up in three days."

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Lavani dancers to check Vidya's moves!

By Hindustan Times

Mumbai, March. 6 -- As Bollywood's new oomph queen, Vidya Balan, completes her first ever item song, 'Mala Jau De...', an authentic lavani number in Ferrari Ki Sawaari, she is preparing to be scrutinised by authentic lavani dancers.

Vidya, who dons a traditional Maharashtrian attire for the number, spent over three weeks rehearsing for it with a troupe from Kolhapur. But the makers still want to get firsthand reactions from actual lavani dancers.

"Everyone including Vidhu Vinod Chopra (producer) and Rajesh Mapuskar (director) think the song is filmed to perfection. But Vidya and Rajesh want to hold the first screening of the song for authentic dancers to gauge their reactions," says an insider. The makers have taken a collective decision to showcase it to a bunch of lavani dancers. "If we get the right feedback and the dancers suggest some changes, we will readily make them," adds the insider.

Mapuskar confirmed the development saying, "Yes, we want the song to look absolutely traditional. We are in talks with a some lavani dancers from regarding the first screening."

Apparently, authentic folk dancers have choreographed a major part of the song. Vidya has taken a personal interest in the way she looks, and has also focused on the dance steps. Recently Katrina Kaif also performed a lavani number, Chikni Chameli, in Agneepath, to much criticism.


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Pregnant Shilpa Shetty to cheer her IPL team!

By Hindustan Times

Shilpa Shetty, who is expecting her first child with husband Raj Kundra in May, is looking forward to cheer her Rajasthan Royals team in the new season of the Indian Premier League, though only with her doctor's permission.

"It depends on my doctor actually. Nearer the time, I'll be able to decide. I can't wait for the (April-May) season to begin. I really hope my doctor gives me permission. My XXL size jersey is also coming, so I am fully prepared," the 36-year-old here at the unveiling of her IPL team's new jersey.

Shilpa asserted that even after four exhaustive seasons IPL has not lost its sheen and cricket and entertainment go hand-in-hand.

"It has been working for the last four editions and I think it (cricket and entertainment) is a deadly combo. I don't need to reiterate how entertainment really works with making the whole cricketing format suitable in terms of reducing the overs... Some people are against it but those who enjoy IPL are proof enough that it works," said Shilpa who became a Rajasthan Royals co-owner in Feb 2009.

Shilpa married London-based businessman Raj Kundra in Nov 2009. Besides IPL, Raj has also joined hands with actor Sanjay Dutt to start the first professionally organised mixed martial arts fighting league - the Super Fight League - in India.


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10 big facts on ONGC share auction

New Delhi: 

ONGC shares dipped 1.9% as a last minute bid by Life Insurance Corporation, the state-owned insurer, helped complete the process. The total planned sale was 42.77 crore shares. LIC is believed to have invested close to Rs 4,000 crore. The auction for the shares will help the government raise over Rs 12,000 crore. The sale of ONGC shares is part of the government's divestment programme.  

Here are 10 facts on the ONGC auction:

1) At market close, bids were received for 29.22 crore shares, according to ONGC chairman Sudhir Vasudeva. The company's share price dipped 1.8 per cent after gaining 1 per cent in early morning trade. In an auction, bidding typically intensifies towards the end of the trading session. A Reuters report said that State Bank of India, the largest public sector bank, could bid in for ONGC shares. Sources told NDTV Profit that LIC has helped the government complete the entire auction process. 

2) This is the biggest equity offering this year. The government could hope to get Rs 12,400 crore if the issue is priced at Rs 295 per share. The auction for 42.77 crore shares started at 09:15 am and ended at 3.30 pm. The floor price was set at Rs 290 per share. The minimum bid quantity was one share (lot size of one share). Citi, JM, Nomura, DSP ML, Morgan Stanley and HSBC Securities are the investment bankers for the deal.

3) The government sold a part of its stake in ONGC to meet its divestment target of Rs 40,000 crore. The government is widely expected to miss its deficit target of 4.6 per cent of GDP for the current fiscal year ending March, partly due to its inability to meet the budget target for more than Rs 40,000 crore in state-company share sales. So far this fiscal year, the government has only raised about Rs 1,250 crore.

4) The government had earlier planned to sell ONGC shares through a public offering but that plan was scrapped last October after tepid response from investors amid weak equity markets. India's stock market posted its first annual fall in three years in 2011, losing nearly 25 percent. Shares in ONGC fell 20 percent in the same period. But the stock market has rebounded in 2012 and the BSE Sensex has climbed nearly 15 percent, with foreign funds scooping up beaten shares worth more than $7 billion.

5) There was no scope for retail investors to participate. That is because there was  no discounts and reservation for retail investors. Normally, 35 per cent of the shares in a public offer are reserved for small investors. "The only disappointment would be on the retail side because retail investors would not be able to participate... Usually retail investors get a discount but that's not happening," RS Sharma, Former CMD of ONGC told NDTV Profit on Wednesday.

6) Big foreign funds, including sovereign funds from Abu Dhabi and Kuwait, had assured the government that they would buy the 5% stake, according to reports. Funds from Singapore and London reportedly also informally underwrote the stake sale. Life Insurance Corporation (LIC) was also expected to bid in today's auction, according to the market buzz.

7) This is the first stake sale being done via auction route. Only last month, the Securities & Exchange Board of India (Sebi) allowed shareholders of the country's top 100 companies by market value to raise funds by auctioning their stakes through stock exchanges. Bankers said while investors would be able to participate in the auction in the same way as in the previously used follow-on share offering, the owner of a company would save significant cost and time in the auctioning process.


8) How does the auction work: Multiple orders from a single buyer shall be permitted. The indicative price & cumulative bid quantity shall be made available on exchanges at regular intervals. Allocation will be intimated to the bidding broker on T+1 basis.  Stock exchanges will collect 100% of the order value in cash. No single bidder other than MFs & insurance companies will be given more than 25 per cent shares.

9) Valuation:  Rs 290 was a very good price. The stock was valued at Rs 330 on 2013 earnings per share (EPS), which is 9-times FY 13 price earnings, Sanjiv Prasad, Executive Director and Co-Head of Kotak Institutional Equities told NDTV Profit yesterday.  The multiples can be re-rated to 10-11- times given the optimistic outlook in the markets, he added. However, the market has not accepted this argument. 


10) A successful auction in ONGC shares will pave the way for divestment in other public sector companies like heavy engineering goods firm BHEL and steel major SAIL.

(With inputs from Reuters)

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Katrina Kaif gets a crore for walking the ramp!

By Hindustan Times

Katrina Kaif, one of the most sought after actresses in Bollywood, has reportedly been offered Rs 1 crore for making a 10-minute appearance in Kochi.

The 27-year-old will walk the ramp at an upcoming fashion event, on March 25 and take home the hefty amount.

Southern stars reportedly don’t even fetch half of what their Bollywood counterparts manage to get for ramp shows and other promotions.

Shah Rukh Khan was said to have taken home a cool 2 crore rupees when he paid a visit to Kochi sometime back.


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Ministry of corporate affairs orders DLF inquiry

New Delhi: 

The Corporate Affairs Ministry has ordered inspection into the books of accounts of realty major DLF in view of complaints received from investors regarding company's accounts.

"We have ordered the Regional Director (North) to carry out inspection under Section 209 of the Companies Act. There were several complaints from investors alleging that there are anomalies in the company's books," a senior official said.

Under section 209 of the Act, companies are required to maintain "at its registered office proper books of account" and the MCA has the power to call and scrutinise those books. An e-mail sent to DLF remained unanswered despite repeated attempts.

The sources further added that the Securities and Exchanges Board of India (Sebi), too, has sent a reference to the MCA in this regard.

DLF, the country's largest realty firm, is already facing a probe by market regulator Sebi on an allegation that DLF has duped a city-based businessman of Rs 34 crore in collusion with its associate firm Sudipti Estates.

Sebi is carrying out investigation of DLF, to check for violations, if any, of the provisions of the erstwhile Sebi (Disclosure and Investor Protection) Guidelines, 2000, by the company.

In August last year, competition watchdog CCI had imposed a penalty of Rs 630 crore for abuse of dominant market position.

It also issued a 'cease and desist' order against imposing unfair conditions on the buyers of its flats. DLF had challenged the CCI order with the Competition Appellate Tribunal (COMPAT), which had stayed CCI's order.

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MS Dhoni emerges stronger with BCCI backing


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Preity Zinta: Mumbai bound!

Kareena-Arjun on Heroine sets!

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