Sant Shri Asaram Ji Bapu booked for slapping cameraman

An FIR was today lodged in Ghaziabad against religious guru Asaram Bapu for allegedly manhandling a cameraman of a news channel. "Asaram Bapu was booked under Section 323 of IPC (voluntarily causing hurt) on the complaint of cameraperson Sachin Kumar," SHO of Kavi Nagar police station


Sudhir Kumar Tyagi said.
As per the FIR, Asaram allegedly slapped Kumar when he failed to follow the religious leader's instruction to capture in camera the congregation during a Samagam (meeting) in Ghaziabad on Sunday evening.

Kumar was taking Asaram's interview when the latter asked him to pan the camera at his followers attending the 'Samagan'. Kumar apparently did not hear Bapu's instruction and was allegedly slapped by him.

Kumar approached the Kavi Nagar police station where the FIR was registered.

Cattle death forces NMC to clean river every month
Times of India
The decision came following allegations by farmers in Anandvalli, whose buffaloes were found deadAsarambapu bridge, that the water hyacinth had caused the death. Nashik Municipal Corporation (NMC) officials had visited the bridge after the incident ...
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1. DGCA begins probe in Asaram Bapu's chopper crash ‎ Economic Times - 30 Aug 2012 DGCA begins probe in Asaram Bapu's chopper crash ... in which spiritual guru Asaram Bapu and four others were travelling and had a narrow ...

2. 7 Asaram ashram officials charged for kids' deaths ‎ Times of India - 6 days ago AHMEDABAD: Gujarat CID has filed a charged against seven office-bearers of Asaram Bapu ashram for their alleged role in mysterious death ... Asaram bapu rapist asarambapurapist.wordpress.com/ List of 18 MURDERS by Asaram Bapu in ashram. October 2, 2008. List of Murders InAsaram bapu ashram. In Virngham ashram which is apx. 1 hour from ... Asaram Bapu lies exposed | TARGET targe8.blogspot.com/2008/11/asaram-bapu-lies-exposed.html 18 Nov 2008 – Asaram Bapu lies exposed. Dear Reader, I would like to introduce to real victims of asaram & tales we have beard when we were inside ... Cult & Controversy: the story of Asaram ashram - Indian Express www.indianexpress.com/news/cult...the-story...asaram.../347163/ 11 Aug 2008 – For the phenomenally influential religious guru, Asaram Bapu, his ...village here in 1971, but the path had all along been strewn with scandals. Sant Asaram Bapu being framed in conspiracy, says Former CM ... www.ashram.org/.../Sant-Asaram-Bapu-being-framed-in-conspiracy-... Sant Asaram Bapu being framed in conspiracy, says Former CM, Madhya ... and the progress of our nation instead of ridiculous scandal on Sants of this country, ... shaitan bana asaram bapu tricks to brainwash to work in ashram www.scribd.com/.../shaitan-bana-asaram-bapu-tricks-to-brainwash-to... 18 Aug 2008 – Secrets of Asaram Bapu & his son Narayan Sindhi Tricks used by Tantrik ...... Sex scandal; Hindusim, Indian cult; asaram bapu; ashram bapu; ... Asaram bapu Ki Kali Kartuts - Narayan sindhi aka sai ka khulasa www.scribd.com/.../Asaram-bapu-Ki-Kali-Kartuts-Narayan-sindhi-ak... 8 Oct 2008 – Asaram bapu Ki Kali Kartuts - Narayan sindhi aka sai ka khulasa - Free... google for Asaram fraud, asaram bapu scams, asam bapu scandals, ... asaram sex scandal « Human Rights Violations – Victims of Asaram ... asaram.wordpress.com/tag/asaram-sex-scandal/ 1 Sep 2008 – Tags: asahram, asaram bapu, asaram bapuji.asarambapu, asaram sex, asaram sex scandal, ashram sex, Faith, GodMen, narayan sex, Sant ...

Unqualified Pilot flew doomed Airplane

Crash after Takeoff a year ago wiped out hockey team, team officials and eight crew members

The pilot of a plane that crashed last year, wiping out a professional Russian ice hockey team - and taking the life of Canadian coach Brad McCrimmon - had been granted per-mission to fly it based on forged documents, federal investigators said on Thursday.

The pilot and co-pilot of the Yak-42 plane "had not undergone the necessary training to fly this type of air-craft," Vladimir Markin, spokesman for Russia's top investigative agency, said in televised comments.

He said the pilot's permission to fly the plane had been granted on the basis of "falsified documents."

The Yak-42 aircraft slammed into a river bank shortly after takeoff on Sept. 7, 2011, from Yaroslavl, home city of the Kontinental Hockey League team Lokomotiv, whose Russian and foreign stars were on board flying to an out-of-town game.

Thirty-six Lokomotiv players and officials plus eight crew members were killed; only one crew member survived.

Vadim Timofeyev, deputy head of airline Yak-Service which operated the flight, was held responsible for the "blatant violations" and has been charged with breaching air safety rules, Markin said. He could face seven years in prison.

Among the dead were Swedish goal-keeper Stefan Liv, a former world and Olympic champion, and Canadian Brad McCrimmon, who played more than 1,200 NHL games and was head coach of Lokomotiv at the time of the crash.

Russia and the former Soviet republics combined for one of the world's worst air-traffic safety records last year, with a total accident rate almost three times the world average, according to the International Air Transport Association.

Mutual Funds Big cheating Businss of few Bankers

Be Aware  Please its your hard earned money.

What to do when Mutual Funds distributors ask you to Invest Big ? 

Retail investors have led a life of less confusion for some time. Bad market conditions, along with banning of entry load by the Securities and Exchange Board of India (Sebi) in August 2009, ensured many distributers were neither motivated nor inclined to churn aggressively — asking existing investors to move to another scheme.

But, the new guidelines from Sebi could lead to just that – more churning through mis-selling. The churning in the Rs 7 lakh-crore mutual fund sector is 20 per cent annually, according to the market experts.



- Continue SIPs for long-term gains
- When it's too good to be true
- Sinha seeks to please all
- Sebi gives a little, but takes as well
- Mutual funds lose 8,600 equity folios a day

Now, with the market regulator allowing an extra 30 basis points expense ratio from all investors if a fund house manages to get 30 per cent of its fund collection from beyond the top 15 cities, experts say churning may increase, especially in smaller towns.
“Since the fund house and distributors stand to earn additional money, there could be a case for churning in smaller towns,” says Gaurav Mashruwala, a financial planner. Consequently, it is important to ask questions to distributors.

PITCH ONE
“RBI will cut rates soon, move your money from debt to equity fund”
Answer: What ensures that equities will do any better, in the short term? Also, if there are rate cuts, the value of debt instruments will increase so I will make capital gains.

Also, if you are moving from a debt fund in less than a year, the capital gains will be added to your income and taxed. If you earn say, 12 per cent annually or six per cent in six months and exit, there will be a 30 per cent tax (for someone in the highest income tax bracket) on the capital gains or 1.8 per cent. In addition, there will be an exit load of 1 per cent. So, you gain only 3.2 per cent.

With Sensex annualised returns of 3.33 per cent in the last three years, debt has easily outperformed at eight-nine per cent. Yes, if the market were to correct sharply, one can look at it as an opportunity because net asset values would go down sharply allowing you to buy more units for the same money. And, in the turnaround situation, one would stand to gain substantially.

PITCH TWO
“Shift to this equity fund. It has returned 10 per cent in the last six months”
Answer: Isn’t there a short-term capital gains tax of 15 per cent? I will gain 8.5 per cent. Also, there could be an exit load (on principle plus capital) of a per cent or more which many fund houses have imposed, if you shift from a scheme in less a year.

PITCH THREE
Dividend scheme will earn you regular money. Take it out of a growth scheme.
Answer: Why should I take dividend income? The NAV will also fall bringing down my returns? In addition, there will be no compounding of my dividend income? Sometimes, distributors ask you to move within the same scheme.

Amar Ranu, senior manager (third party products), Motilal Oswal Private Wealth says, “The distributor will ask the investor to switch to the dividend option of a scheme from the growth option, as the former is about to announce a dividend payout. The investor will get lured to the dividend option without realising that they are moving within the same scheme. Even though there is no actual loss, you are still being misled.”

PITCH FOUR
Your ELSS has completed three years. Now there are no benefits.
Answer: There is no loss either. There is no capital gains tax after one year. After the lock in period, if the fund is doing well, one should continue with their investments. “Some distributors could try and coax the investor to redeem their units from the tax saving scheme saying that since there is no tax benefit as such any more, it would be wiser to nvest in say an equity fund that is being suggested”, says Suresh Sadagopan, a certified financial planner.

PITCH FIVE (the oldest one)
If you move your money into this new fund offer, you will get units cheaper.
Answer: Whether I buy at the NAV of Rs 10 or Rs 100, the result is same. “Distributors would try to sell products to investors who did not need it. It could be exotic sounding and could promise higher returns than his existing scheme”, says Ranu.
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Equity mutual funds lag benchmark indices Hindustan Times A majority of actively-managed Indian equity mutual funds have underperformed their respective benchmark indices in the last 5 years till June 2012, according to the latest S&P Indices Versus Active Funds (SPIVA) scorecard, produced by S&P Dow Jones ... See all stories on this topic »

Mutual fund: A buzz word in the small investor market Economic Times (blog) Think of small investments and gold and bank fixed deposits cross your mind in a jiffy. However, have you ever wondered why average investors are still restricting their choices to conventional options like gold and FDs when the market is flooded with ... See all stories on this topic »

What to do when mutual fund distributors ask you to churn... Business Standard Retail investors have led a life of less confusion for some time. Bad market conditions, along with banning of entry load by the Securities and Exchange Board of India (Sebi) in August 2009, ensured many distributers were neither motivated nor inclined ... See all stories on this topic »

Bill Gross's PIMCO Total Return ETF surges out of gate, leaves mutual fund ... Washington Post BOSTON — It now has six months under its belt. Back in March, star bond trader Bill Gross launched an exchange-traded fund version of the PIMCO Total Return bond mutual fund. It was the most eagerly awaited ETF launch ever, due to Gross' credentials ... See all stories on this topic »

Fund Pick: Birla Sun Life Short Term Fund Business Standard Birla Sun Life Short Term Fund has been ranked in the top 30 percentile in the short term income funds category for the past two quarters under the CRISIL Mutual Fund Ranking methodology. The average assets under management (AUM) were Rs 742 crore ... See all stories on this topic »

Mutual Fund houses apply brakes on fixed maturity plans Financial Express Mumbai: Fund houses seem to have applied brakes on launching fixed maturity plans (FMPs) as demand for these instruments wanes following a decline in yields for three-month and one-year. Earlier in the year, fund houses had rushed to launch FMPs in ... See all stories on this topic »

Fund salesman accused of misappropriating $12-million Globe and Mail A mutual funds salesman working for Investors Group Financial Services Inc. is accused of misappropriating almost $12-million from at least 55 investors whose money allegedly went straight into his own bank accounts. The Mutual Fund Dealers Association ... See all stories on this topic » Globe and Mail

ETFs upright on high gold tide Business Standard Data compiled by the Association of Mutual Funds in India shows AUMs for gold ETFs sharply rose over the past year against several other asset classes, including equity funds, equity-linked savings fund or income funds. The rise was 41 per cent on a ... See all stories on this topic »

Cincinnati group aimed at mutual fund oversight to host forum Bizjournals.com (blog) Cincinnati is a bigger mutual fund hub than most people think, with about 75 mutual funds based locally. But when those fund families look for people to serve as trustees, they find most people don't know that much about how a fund should operate. See all stories on this topic »

Mutual funds in Latin America ... Business News Americas Latin America's mutual fund industry is poised to hit US$1.8tn by 2016, up from today's US$1tn, as it starts recovering after showing virtually no growth over the last two years, Thomas Ciampi, director of consultancy at Latin Asset Management told a ... See all stories on this topic »

Risky fund management more common in Catholic-dominated regions of U.S.

Fish on Fridays, mass on Sundays, and risky mutual fund management throughout the week. That’s what a new study from the University of Georgia and Southern Methodist University says about funds based in predominantly Catholic areas of the U.S.


“You would think generating profits would be the only decision factor in mutual fund management. We found that local culture, specifically religion, actually has a significant impact on the decisions that fund managers are making, especially when we’re talking about risk,” said University of Georgia economics professor Tao Shu.

The study uses data from the American Religion Data Archive to determine a Protestant to Catholic ratio at the county level across the U.S. Mr. Shu identifies actively managed mutual funds in these areas through the U.S. Mutual Fund database maintained by the Centre for Research in Security Prices, and selects funds marked by Thomson Reuters as “growth” or “aggressive growth.”

“We found that funds based in low-Protestant or high-Catholic populations take more speculative risks in significantly higher fund return volatilities,” said Mr. Shu.

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Summer Rally Puts the Hurt on Fund Managers Wall Street Journal Stocks jumped nearly 10% over the summer, defying the expectations of many hedge- andmutual-fund managers who had bet on a decline. They saw a multitude of headwinds from Europe's woes to the slowing U.S. economy and sluggish corporate ... See all stories on this topic »

Investments in Mutual Fund schemes up 60% in July Economic Times "During July 2012, mutual funds mobilised Rs 38,457 crore as compared to Rs 23,968 crore liquidated during June 2012," according to information available with capital market regulator Sebi.Mutual Funds pool together money from many investors and ... See all stories on this topic »

Vanguard Health-Care Fund Manager Edward Owens to Retire Bloomberg Edward P. Owens, whose $22.4 billion Vanguard Health Care Fund (VGHCX) has outperformed every U.S. equity mutual fund since it was created in 1984, will retire at the end of the year. The fund returned 16 percent a year since May 1984, better than any ... See all stories on this topic »

Top 5 Best Performing Healthcare Mutual Funds Year to Date - Best Performing ... NASDAQ The healthcare sector is one of the most desirable avenues for parking investments when markets are headed south. The demand for such services usually remains unchanged even during an economic downturn and investments in the sector provide ... See all stories on this topic »

Top 5 Zacks#1 Ranked High Yield Mutual Funds - Best of Funds NASDAQ For the average investor, high yield mutual funds are the best method to invest in bonds rated below investment grade, popularly known as junk bonds. This is because these funds hold a wide range of such securities, significantly reducing portfolio risk. See all stories on this topic »

Risky fund management more common in Catholic-dominated regions of US ... Financial Post (blog) Fish on Fridays, mass on Sundays, and risky mutual fund management throughout the week. That's what a new study from the University of Georgia and Southern Methodist University says about funds based in predominantly Catholic areas of the U.S. ... See all stories on this topic » Financial Post (blog)

Equity funds have 6th straight week of outflows-ICI Reuters By Sam Forgione NEW YORK, Sept 5 (Reuters) - Investors in U.S.-based mutual funds pulled money out of equity funds for the sixth straight week and preferred bond funds as many anticipated hints of extended bond-buying from the U.S. Federal Reserve, ... See all stories on this topic »

The things that come between you and your MF scheme returns Moneycontrol.com How to determine if you have invested in the best mutual fund scheme? Trying to invest in a "best fund" is like shooting a spot in the dark. According to financial expert Mehrab Irani, a fund with no exit load with minimum expense ratios and no ... See all stories on this topic » Moneycontrol.com

Protect the virtue of exchange traded funds Financial Times They are among the biggest and most useful innovations for the retail investor since the advent ofmutual funds. But it is time for those investors to look a little more closely at exchange traded funds. The industry itself is reconsidering. As the ... See all stories on this topic »

Bond Funds Lure Cash; Stocks Hit by Outflows Wall Street Journal Long-term mutual funds had estimated inflows of $2.99 billion in the latest week on gains in bond and hybrid funds, according to the Investment Company Institute. ICI has reported fund inflows for most of the year as investors have continued to pour ... See all stories on this topic »

After cutbacks, Tampa International Airport set to add 13 positions

TAMPA — Here's a sign of Tampa International Airport's improving bottom line: The airport plans to start hiring after years of cutting back its workforce.

The Hillsborough County Aviation Authority board voted on Thursday to approve a $183 million budget that will fund 13 new jobs.

A projected improvement in revenue from parking, concessions and airline fees helped the budget grow by 4 percent, or $6.3 million, from the current fiscal year. The airport plans to pay $49 million in salary and benefits, $3.5 million more than in the 2012 fiscal year budget, which ends Sept. 30.

It's not a lot of new jobs, but it's a positive sign for an airport that has shed 63 jobs since 2009. The airport currently has 573 paid positions.

Airport CEO Joe Lopano said it was time for Tampa International to start growing again.

"I kept the head count steady at 573 because I wanted to see where we were going, where we were competitive, where we had success before I did anything with the staff," Lopano said.

The staffing level has been at 573 positions since 2011 and this year the airport decided not to add any positions. But Lopano said it's time to add three positions in marketing and three in human resources, two positions each in construction, information technology and police dispatch, and one in procurement.

"This year is for us to grow," he said. "We're hiring these people to help us maintain and sustain for the future."

Lopano said the airport "wanted to see if the cuts were too deep and if we needed more help." The answer: an unequivocal yes.

"During the last year we started doing more marketing, we did a lot with analytics," Lopano said, "but we didn't add any head count. We still held at 573, and the way we did that was I robbed certain departments. So this year, where I took, I have to put back.

"We're backfilling areas where people are screaming 'Hey, we need help!' "

The airport cut too deeply into the number of radio dispatchers for the Tampa International Airport Police Department, Lopano said.

He also wants to add positions to human resources to implement a new "accountability" culture at the airport. The construction jobs will be needed to manage future capital improvements that are expected to be a part of the airport's new master plan set to be completed in January.

Some of the new jobs will help bring in revenue, Lopano said, like bolstering the marketing department and adding new information technology jobs that will be needed to maintain the new digital video screens that will allow the airport to sell more advertising.

"We've increased our revenue and held our costs in check," Lopano said. "Now we have an opportunity to see where can we grow further — and we'll have new people to help us."

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Kindly be ready with the following :

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KQ sinks $9.5 million in job cuts Daily Monitor Nairobi. Kenya Airways (KQ) will spend at least Shs23.2 billion ($9.5million) to lay off 578 employees as the airline moves to cut staff costs and boost profit margins. The carrier said yesterday the intended layoffs would result in a cost saving of ... See all stories on this topic »

S&P Cuts Qantas Credit Rating To One Notch Above Junk Fox Business Standard & Poor's Ratings Services cut its rating on the Australian airline to BBB- from BBB, or to one notch above junk status. The move came even after Qantas on Thursday announced it would form an alliance with Emirates Airways as part of a bid to ... See all stories on this topic »

After cutbacks, Tampa International Airport set to add 13 positions Tampabay.com TAMPA — Here's a sign of Tampa International Airport's improving bottom line: The airport plans to start hiring after years of cutting back its workforce. The Hillsborough County Aviation ... A projected improvement in revenue from parking ... See all stories on this topic »

Analysts Like Lufthansa's Hard Stance on Cabin Crew Strike, Travelers Feel Brunt Wall Street Journal (blog) The UFO union, which represents some 18,000 Lufthansa cabin crew, wants a 5% wage increase for Lufthansa flight attendants, a profit-related bonus worth up to a month's pay and a guarantee that the airline won't outsource jobs or employ temporary cabin ... See all stories on this topic »

Reasons Why Cloud Computing Remains Unpopular Past 2012

There is no limit to what cloud computing can offer to individuals, corporations, academic institutions, and non-profit organizations. Cloud computing benefits cut across storage, working, communication, and so many other industries and functions. As yet, few people actually use it; or rather very few individuals are making the transition to it from the ‘inefficient, traditional and expensive’ forms or techniques.

These negative attitudes have been promoted by a number of reasons. Some are mere excuses where logic is called upon. Others are real concerns and thus form the basis of this article. People don’t use cloud computing for different reasons; and the most contentious ones include the following. According to most cloud computing industry experts, these could be the reasons why most people avoid cloud computing.

On top of the list is the cost of cloud cost computing. Premium and efficient cloud computing services remain costly for the regular business person and thus make uptake very slow or non-existent. Setting up, subscriptions, and service maintenance costs are high—so is the cost of doing business. Rather than setting up new systems at an extra expense, most businesses prefer operating on slow and inefficient systems which are (now) cheaper at maintenance level. Businesses don’t want an extra expense to devalue their present working servers, among a horde of other reasons. Of course, there is a valid opportunity cost explanation to justify why cloud computing is the cost efficient option in the long run. However, most businesses, small businesses especially, find this pretty hard to concur. As such, because of the cost debates, the adoption of cloud computing remains slow.

The second reason why cloud computing remains unpopular is because of security concerns. Security in the cloud continues to be a hot debate topic at most cloud computing conferences. There are hackers, thieves, and other malicious individuals who would benefit a lot from stolen data off cloud computing servers. Whereas most cloud computing providers offer some of the best security protocols that are difficult to bypass, people and businesses still have security concerns. These are measured on the basis of traditional businesses which have all their digital data stored within their premises; therefore, charging securing roles to a third, large party, is difficult.

Lastly, privacy is another big problem cloud computing faces, bringing a lot of negative publicity (hence, additional costs) to cloud computing industry. In a recent outburst, Steve Wozniak—Apple’s co-founder—stated that cloud computing would not be in the cosmos in the next five years, that it would become practically impossible to keep digital secrets because one firm will be having them!

These sentiments have been echoed elsewhere. Digital ownership will become a thing of the past. Of course where ownership is concerned, that’s enough for any self-caring person to avoid the technology. Overall, although some of these details are sensitive and scary, cloud computing remains a candidate as the technology to beat in the future.

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Huawei, Intel become strategic partners   The collaboration will include enhancing engineering cooperation and building competitive products and solutions for server, storage, data centre and cloud computing as well as jointly going to market in China and other geographic areas. The combined ... See all stories on this topic »

Marvell and ZeroDesktop Team Up to Deliver Cost Effective Cloud Computing ... Embedded.com 7, 2012 /PRNewswire/ -- Marvell (Nasdaq: MRVL) and ZeroDesktop, a developer of next-generation personal cloud operating system solutions for public cloud and private cloud computing, today announced they are collaborating to deliver a cost-effective ... See all stories on this topic »

Cloud computing roundup: Latest global news DatacenterDynamics It recently signed a Memorandum of Understanding to advance cloud computingsecurity and build capabilities to accelerate the development of Hong Kong's cloud ecosystem with the Hong Kong Applied Science and Technology Research Institute. See all stories on this topic » DatacenterDynamics

Why Johnny doesn't understand cloud computing InfoWorld Thanks to a nationwide survey conducted by Wakefield Research and commissioned by Citrix Systems, we now know what most people in the United States think about the "cloud": not much, it turns out. Indeed, 95 percent of respondents claimed they've ... See all stories on this topic »

French sovereign wealth fund invests in two local cloud-computing providers PCWorld The French government is so keen to encourage the development of cloud computing infrastructure in France that it is investing in two competing home-grown cloud providers through its sovereign wealth fund, the Caisse des Dépôts. Similar Articles: ... See all stories on this topic »

Reasons Why Cloud Computing Remains Unpopular Past 2012 CloudTweaks News There is no limit to what cloud computing can offer to individuals, corporations, academic institutions, and non-profit organizations. Cloud computing benefits cut across storage, working, communication, and so many other industries and functions. As ... See all stories on this topic »

Which Cloud for SMEs -Public or Private?   Typically, when you hear the word cloud computing, it usually implies a public cloud. This might change in the near future, because of the action happening around private clouds lately. So much so, that a private cloud might gain equal if not more ... See all stories on this topic »

Five Steps to Solid Cloud and Mobile App Delivery NetworkComputing.com Cloud infrastructure plays a big role in this kind of unification, according to Lambert, who's now directory of product marketing at Citrix. "Centrally managing access to corporate intranet, Web, SaaS and virtualized Windows desktop applications from ... See all stories on this topic »

Australian Govt has “cloud last” policy, says Ovum Delimiter Organisations and governments in Australia and globally are currently grappling withcloud computing, which is a term covering a wide variety of technologies which have in common that they are purchased on a usage basis, rather than as a discrete set ... See all stories on this topic » Delimiter

Proven Ways To Increase Competitiveness With Cloud Computing CloudTweaks News As cloud computing is currently enjoying a wave of global discourse by the business community, it is projected that more and more businesses are adopting cloud computing services as the preferred way to do business. Senior Vice President of Research ... See all stories on this topic »