Monday, July 26, 2010

Aamir, SRK dine together

Shah Rukh and Aamir KhanLook who was spotted flashing hashis (Japanese chopsticks) at the Hakkasan restaurant in London on Friday night over sushi and sashimi... Bollywood superstars Aamir Khan and Shah Rukh Khan. And, with them, the film industry’s most celebrated filmmaker, Karan Johar, and the Bollywood Badshah’s stylish wife, Gauri Khan. The foursome gave Indians dining at this Japanese restaurant paisa vasool for their meals.

Aamir is in London (then LA, NY, Dubai...) to promote Peepli Live, Shah Rukh is there shooting for his futuristic RA One with Kareena Kapoor, and Karan flew to the UK to spend 20 days with SRK and Gauri and also work on his own script.

What is interesting is that in the midst of all their independent work activities, the superstars found time to break bread together.

Aamir invited Karan, SRK and Gauri to a private screening of Peepli Live. SRK didn’t make it but Karan saw the film. After pack-up SRK and Aamir went for dinner, though. Accompanied by Gauri and Karan. A fan of both Khans said, “There were some jokes being cracked over which SRK and Aamir were laughing a lot. Gauri seemed to enjoy herself watching these guys cracking up.”
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Ranbir doesn’t turn Sonam on!

Sonam Kapoor is the one of the most sought after actresses in town. The youngster symbolizes the attitude of Bollywood’s young brigade who doesn’t shy away from calling a spade a spade. Be it her chic fashion sense or that million dollar smile, Sonam Kapoor is fast becoming a favourite amongst men and good news being the actress is single!

Ask Sonam about her Mr Right and the actress reveals, “I would never date a guy who works in films like me. We would then end up discussing movies most of the time and that would get boring eventually. Also, if he works in films, he would remind me of my dad!”

What about Ranbir, Abhay and Imran we probe. “They are not my kind. I want someone who is intelligent and caring”, winked Sonam.

Ahem! Ranbir, Abhay and Imran are you listening guys!
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Pakistan denies helping Taliban in Afghan war

Pakistan has vehemently rejected accusations that its intelligences agencies have actively supported Taliban militants in Afghanistan.

The claims are based on leaked American military documents made public by the internet whistle-blower Wikileaks.

The papers contain specific claims that Pakistani intelligence helped the Taliban plan attacks on NATO, United Nations and Indian targets.

One refers to an alleged meeting between insurgents and the former Pakistani intelligence chief, Lieutenant General Hamid Gul.

He says the allegations are false.

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CBI gets court nod to quiz Shah in jail

The Central Bureau of Investigation (CBI) was on Monday allowed by a special court to question Gujarat's former minister Amit Shah in jail for three days, starting July 28, in connection with the 2005 Sohrabuddin Sheikh killing. Special CBI Judge AI Raval allowed the investigating agency to quize shan July 28-30 between 9.30 am and 5.30 pm

The former minister's interrogation will have to be videographed, the court told the CBI.

Shah was sent to 14 days judicial custody on Sunday after he surrendered before the investigating agency.

Earlier Monday, noted lawyer Ram Jethmalani appeared for the former minister in court and applied for his bail. The court will take up the matter Aug 2.

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Prithvi test fire successful

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PM to intervene in Babhli barrage dispute, say Andhra parties

Prime Minister Manmohan Singh has assured an all-party delegation from Andhra Pradesh of intervening to try and resolve the problems concerning the Babhli barrage issue, a suggestion not welcomed by the Telugu Desam Party.



The delegation led by Chief Minister K Rosaiah and joined by TDP chief N Chandrababu Naidu and PRP's Chiranjeevi also urged Singh to call a meeting of Chief Ministers of Andhra Pradesh and Maharashtra to solve the impending issue.



Speaking to reporters after the meeting, Rosaiah hoped the Prime Minister would consider their demand and call a meeting of Chief Ministers of both the states to amicably resolve the issue.



"We are very much satisfied with the meeting. The Prime Minister assured us that he will discuss the issue with officials and then take it up at the political level. He assured us that he will intervene and try to solve the problems," he said.



The delegation met Singh at his 7, RCR residence and asked him to direct the Maharashtra Government to dismantle the gates installed at Babhli barrage, which Andhra calls "illegal construction".



Describing the meeting as satisfying, Chiranjeevi said the Prime Minister was receptive to the suggestion of convening a meeting of the Chief Ministers of Andhra Pradesh and Maharashtra on the issue.



However, Naidu said he was not satisfied with the meeting as the Prime Minister did not "give any commitment on the issue."



"Neither the Chief Minister nor the Congress party nor the Prime Minister are serious about the (Babhli) issue. We will decide the party's future course of action tomorrow," he said.



Andhra accuses the Maharashtra government of carrying out illegal construction and installing gates at the Babhli barrage against a Supreme Court order, but Maharashtra disputes it.



"Babhli is an illegal and unauthorised terminal barrage of the series of 13 other unsanctioned barrages on Godavari, upstream of Sri Ram Sagar project of Andhra Pradesh," the leaders said in a memorandum submitted to Singh.



"While Babhli stands out as the most blatant violation, there are also several unauthorised and unaccounted for water retaining structures in the upper reaches of both Godavari and Krishna in the states of Maharashtra and Karnataka affecting our lower riparian interests adversely," they said in the memorandum.



The leaders said in the memorandum: "A strong controlling authority with necessary Constitutional backup and strong implementing teeth perhaps is the only way to prevent the 'prophecy' of water wars and needs to be in place urgently."



They also urged him to personally intervene and take all possible measures to protect the interests of the lowest riparian state -- Andhra Pradesh.



Noting that Maharashtra has constructed Jayakwadi Project across Godavari at about 262 km from the source or 502 km upstream of Pochampad Project, the leaders said Pochampad Dam (SRSP) is constructed across Godavari.



They said Singh should ask the Maharashtra Government that the construction of Babhli project, which falls within the water prism of Sri Rama Sagar and is being built without any permission from the Central Water Commission, may be stopped forthwith.



They said Singh should also ask the state government to stop other 13 projects, which are obstructing the flow of water and have been constructed without obtaining the permission of the Central Water Commission and consent of lower riparian states.
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Tying up funds for Parkway never an issue: Malvinder Singh

Malvinder Singh, Chairman, Fortis Healthcare

In a surprise turn of events, Fortis today backed out of the race for Parkway Holdings. Fortis will divest its entire holding in Parkway at S$3.95 per share to Malaysian sovereign fund Khazanah. Fortis said it accepted the offer and would use the S$116.7 million profit on its Parkway stake to look for other opportunities in the region.

Khazanah and Fortis, which both own around a 25% stake in Parkway each, had wrangled for more than two months over the Singapore firm that both were eyeing to spearhead their regional expansion in the region's booming healthcare market। Parkway runs hospitals in Singapore, Malaysia, India and China.

In an interview with CNBC-TV18, Malvinder Singh, Chairman, Fortis Healthcare explained the rationale behind the exit.

Below is a verbatim transcript. Also watch the accompanying video.

Q: Let me start by asking you about your decision to walk away from the bidding war. This would have given you a combined market cap between Fortis and Parkway of about USD 5 billion. It made you the largest player in thehealthcare space in Asia and it opened up the avenues for you to expand your global footprint significantly. Why then the decision to let go at this stage?

A: It does all of that. I think Parkway is a great asset for us to use as a vehicle for achieving our strong leadership position across Asia. But at the same point in time we were very clear, we were not interested to get into a bidding war. At the same point in time we made a very good and a very compelling offer to all the shareholders through our open offer at S$3.8 a share which I personally believe is a little more stretched than what should be that optimal or that maximum value that we should be looking at Parkway.

So for us at Fortis S$3.8 was somewhat of a stretch. And therefore there is a point where you will reach where you believe that look this is a point at which I am a buyer. At S$3.8 we were a buyer for the entire company but at S$3.95 we are not a buyer, but somebody else is still a buyer and we were very comfortable between Fortis and Khazanah to come to a mutual agreement. They chose to do an open offer at the higher price and we agreed that we would tender our shares as a part of that open offer.

So we need to make sure at Fortis that we are taking the right decision. We are looking at all the opportunities out there which are in the market and at that value and at a relative benchmark of where we can make maximum returns and maximum value and achieve our strategic vision.

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