The baap of all entertainment is back – IPL 3

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Posted by Liju Philip | Posted in India, Sports, cricket, deccan chargers, ipl, ipl 2010, kkr, shah rukh | Posted on 12-03-2010

There are two religions in India.  Cricket and Bollywood.  The Indian Premier League (IPL) is a marriage of the two.  The best players in the world playing for teams owned by some of the biggest actors, businessmen and playing in front of packed stadiums in the mecca of cricket, India.

An explosive start to the tournament is expected starting today when the defending champions, Deccan Chargers take on Kolkatta Knight Riders at Mumbai.

IPL3 is even bigger as not only is it back in India, almost all the world players will be there (sooner or later).  And most importantly, there is no Pakistani players (thank God for small mercies).  Hope it stays that way for years to come.


For the first time ever, IPL will not only be streamed lived on youtube, but also will be telecast live in multiplexes around the country.  Imagine watching 3 hours of cricket on a mega 70mm screen with stereo sound and hunderds of screaming fans in a dark hall.

Am sure, i don’t need to spell out my favourites.  Once a Hyderabadi, always a Hyderabadi.

Go Deccan Chargers Go !

Full schedule of IPL3 can be obtained here

All pictures source: Ibnlive, Rediff & Telugupeople

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Zooming 100%

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Posted by Liju Philip | Posted in India, Personal, bombay, bse, invest, nifty, nse, sensex, stock market | Posted on 10-03-2010

What a recovery it has been for the markets.  Just a year ago, the Sensex crashed to 8160 points.  Now its trading above 17000 points.  More than 100% growth in just a year.  No other sector (gold, PPF, debt, realty) would give you that kind of growth.  When the markets were down last year and i was talking about the opportunity to buy into some good companies, many of my friends dissuaded me from doing that.

Buy when everyone sells and sell when everyone buys” is probably the only way to make money in the market.  Following the heard mentality is sure to give a lot of heart pain in the long run.

The exhilarating bounce from the lows that the Indian equity market touched on 9 March 2009 is now a year old—and what a year it has been. These 12 months have been a wildly profitable time for those brave souls who held their nerve and bought stocks, while it has been a missed opportunity for those who thought it was a short-lived bear market rally and thus preferred to sit on cash.

The benchmark Bombay Stock Exchange Sensitive Index, or Sensex, closed on Tuesday at 17,052.54, up 109% over a year ago, though just about nobody believes the next 12 months will be as good.

Read the full article here

Above picture courtesy: Livemint

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Mossad’s killing ways

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Posted by Liju Philip | Posted in India, Politics, World, dubai, israel, middle east, mossad, terrorism | Posted on 19-02-2010

A good writeup on the assassination of Hamas’ top leader Mahmoud al-Mabhouh on January 19 at a hotel in Dubai allegedly by 11 members of Israel’s secret service organisation.  The whole operation by Mossad has many lessons for the Indian government to learn.

While dealing with terrorist supporting countries like Pakistan, an aggressive covert assassination program can go a long way in controlling the terrorism perpetrated by Pakistani supported terrorists on India.  Taking out select leaders of the rogue intelligence agency, ISI sponsoring the terrorism and leaders of JuD, LeT etc should be actively considered by India.

After the disastrous policy by the ex-Prime Minister IK Gujral who shut down the Counter Intelligence Teams of R&AW, its time India flexed its muscles.  A few targeted killings will send a strong message across to our neighbours that their transgressions will not be tolerated anymore.  The only way to stop terrorism is to increase the cost on the sponsors.  They slap you and you gouge out both their eyes and bash their face up badly.  That’s how you respond to terrorism and not by getting apologetic about it.

But it needs leaders with guts and conviction to take up such measures.  Do we have any of them?  Our leaders are either busy dividing us on caste, religion, region etc or sucking up to minorities.  Anyone out there who can implement these measures?

According to a report in the Telegraph, the group, which included a woman, entered the hotel dressed as businessmen and tennis players, and managed to strangle Mabhouh inside his room. The assassins arrived in Dubai carrying French, German, Italian and Swiss passports, and checked into different hotels, says the report. They used fake names like Gail Folliard, Kevin Daveron and Peter Elvinger.

They met later at a shopping mall, and communicated with each other before that via a ‘command centre’ in Austria, says the report. Traveling under the alias of Mahmoud Abdul Ra’ouf Mohammed, Mabhouh was spotted at the Dubai airport by a member of another surveillance team, who had waited hours for him.

Meir Dagan – The current head of Mossad

After he checked into the al-Bustan hotel, one of the hit squad dressed as a tennis player accompanied him in the lift, and followed him to his room, the daily said. The information was then passed on to Elvinger, the group’s leader, who promptly checked into the room across the corridor from Mabhouh, says the Telegraph.

Soon, another surveillance team arrived to keep a check on the target, who left the hotel half an hour later. The group tried to take advantage of his absence and attempted to break into his room, while the woman and Daveron kept a look out for other guests. The police have not released footage of what happened next, but the assassins somehow managed to force or fool Mabhouh into opening his door, and suffocated him, said the paper. They then locked the door from inside and left.

The team left Dubai on different flights over the span of the next 12 hours, and fled to various destinations including Frankfurt, Hong Kong and South Africa [ Images ], said the Telegraph. Mabhouh’s dead body was discovered over twelve hours later, and his killers, ‘a professional team that is highly skilled in these kinds of operations’, were thousands of miles away by that time, said the daily.

Read the full article here

And now, Dubai has threatened to issue an arrest warrant against the Prime Minister of Israel, Benjamin Netanyahu if Mossad’s complicity in the assassination is proved.   It would be good for Dubai to first explain as to what the leader of a global terrorist organisation was doing in its country?  It would be better for even Britain who is now blowing hot and cold against Israel to see why most of the terror plots in the world today are being hatched on their own soil and why most of the terrorists seem to have some connection with Britain?

Countries like Britain and Dubai seem to be in the crosshairs of global terrorism and it would be good for these respective governments to get their houses in order before pointing their fingers at others.  As for Mossad, its job is to keep its people and country safe.  And to chase down anyone who hurts their people/country and kill them like dogs.  Three cheers to Mossad for a job well done.

Some good reading on Mossad in the Telegraph paper here – “Mossad’s license to kill“.  How i really wish our so-called external intelligence agency, Research and Analysis Wing (R&AW) would grow some balls and do their job properly than being caught with their pants down.

Above pictures source:  FPP & Wikipedia

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Hyderabad airport among world’s top 5

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Posted by Liju Philip | Posted in Business, Hyderabad, India, Singapore, airport, beijing, hong kong | Posted on 17-02-2010

The Rajiv Gandhi International Airport (RGIA) at Hyderabad built and operated by the GMR group has been declared the 5th best airport in the world and the Number 1 in the 5-15 million passengers category.

Approach road to the airport

Another example why the Government of India has no business running any critical infrastructure in the country.  Look at the shabby airports run by the Airports Authority of India (AAI) and then pass through the Hyderabad airport.

The airport air traffic control tower

You will never realise that its situated somewhere in India.  Top class infrastructure with top class service has resulted in RGIA gatecrashing into the hallowed group of airports worldwide. To be even talked in the same breath as Changi, Incheon, Hong Kong etc is an honour and GMR must be roundly applauded for bringing up RGIA to international standards.

This is how the Airports Council International (ACI), an autonomous body representing world airports, adjudged the airports

1.  Incheon, South Korea

2. Changi, Singapore

3. Hong Kong International Airport

4. Beijing International Airport, China

5. Rajiv Gandhi International Airport, Hyderabad, India

News source: Economic Times

Pictures source: Blacknwhite, Marie, Vincent Tulio, Bert Roos

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And now, Bharti Airtel chases Zain’s Africa assets

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Posted by Liju Philip | Posted in Business, India, africa, bangladesh, bharti airtel, kuwait, money, mtn, telecom, zain | Posted on 16-02-2010

After losing out on MTN and pocketing Warid of Bangladesh, it looks like Bharti Airtel is on a tearing hurry.  As the world’s fastest growing telecom market, India becomes more and more competitive with more than 10 service providers already, Bharti is looking to spread the eggs across other markets.

Bharti Airtel is in $10.7 billion talks with Zain to buy most of the Kuwaiti telecom’s cellular assets in Africa — the Indian firm’s third attempt to gain a foothold in the region.

The deal, if clinched, would be India’s biggest overseas acquisition since Tata Steel’s $12 billion purchase of European steel maker Corus in 2007.

Mobile subscriber additions are running at a monthly average of about 15 million in India, making it the world’s fastest-growing wireless market. The rapid pace has attracted new foreign operators such as Telenor and Sistema, making competition more intense.

Call charges have fallen sharply, to as low as a fraction of a US cent per minute, squeezing margins and clouding earnings growth potential.

Bharti reported its slowest profit growth in more than three years for the December quarter, and average revenue per user (ARPU) — a key operational gauge — fell 29 per cent to 230 rupees ($5). The market is also showing early signs of saturation, with penetration reaching about 45 per cent.

To beat the slowdown, Bharti has been scouting overseas, with a focus on high growth-potential emerging markets. After failing to get a deal with South Africa’s MTN Group, the company has set up a new unit to drive overseas expansion. It also agreed last month to acquire control of Bangladesh’s Warid Telecom.

Africa is attractive for Bharti as the mobile user base is low there, with just over a third of the population having a mobile.

Zain’s 15 African operations included in the deal have a combined user base of about 42 million, and the operator is No.1 in 10 markets, ranking second in another four, according to brokerage reports. ARPU in these operations ranges from $3 to $25, with 10 of the 15 having higher ARPU than Bharti.

Rest of the article here

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