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Thursday, September 17, 2009

န Marketing at the time of Inflation

Siliguri, 17 September :
A local vendor waits for customers at a vegetable market in Siliguri.
India reported a return to inflation as a result of soaring food costs fuelled by a bad monsoon, prompting speculation about when the central bank may hike interest rates. Inflation, which has been on the wane since June, rose 0.12 percent after falling 0.12 percent the previous week, according to the Wholesale Price Index (WPI), India's most watched cost-of-living benchmark.
Photo : Sanjit Mitra
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West Bengal offers alternate land to Wipro, Infosys
Kolkata, 17 September : Days after scrapping the proposed IT township project at Rajarhat, the West Bengal Chief Minister Buddhadeb Bhattacharjee on Thursday said the government will give 45 acres of land each to Wipro and Infosys. The land will be handed over to the IT companies immediately.
"The government wants to see that the two companies do business in the state," the chief minister said at a press conference. The proposed IT township at Rajarhat near Salt Lake had become controversial in recent weeks following allegations that land sharks, allegedly backed by promoters of Vedic Realty had been involved in acquisition of land there. The state government depended on Vedic Realty, which set up a joint venture (Akash Nirman) with Webel, the state's key IT agency, to get land for the 1,600-acre IT project.
Both Infosys and Wipro had sought 90 acres from the state government for their ventures. Even ITC Infotech was eyeing for space in the IT hub. Yesterday, Left Front chairman Biman Bose told reporters that the state government had not rejected the proposals of Wipro and Infosys for setting up units near the metropolis.

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Bangladesh's S Markets close up ahead of Eid break
Dhaka, 17 September : Markets continued to rally on the last day of trading ahead of the Eid-ul-Fitr break, continuing two days of gains, and leaving about 65 % of traded issues on the country's twin bourses up. Dhaka Stock Exchange's benchmark general index gained almost 15 points, while the Chittagong bourse's selective categories index ended over 44 points up.
Meanwhile, according to the DSE website, trading on the bourse will remain closed from 20 September to 24 September for Eid. Trading, however, will not resume until 27 September, as the preceding two days fall on a weekend. The day's buying trend also saw some investors lock in their profits, brokerage house officials said.
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Strike disrupts container handling in Chittagong Port
Xinhua, Dhaka, 17 September : Container handling in Bangladesh's premier southeastern Chittagong seaport, some 242 km away of capital city Dhaka, remained suspended since Thursday morning as stevedoring staffs and workers called a strike demanding hike in Eid bonus.
Secretary of the Chittagong Port Authority (CPA) Syed Farhaduddin Ahmed told Xinhua on Thursday, "Workers and employees, who are members of the Chittagong Port Stevedores and Contractors Employees Union (CPSCEU), staged the work abstention since 8 am(BDST) demanding Eid bonus hike." Around over 600 staffs, employed by the port's 12 berth operators responsible for keeping the jetties operational, did not join work in the morning demanding 6,000 taka (about 86 U.S. dollars) Eid bonus against 3,000 taka (about 43 U.S. dollars), he said.
The Chittagong Port Dock Workers and Employees Federation (CPDWEF), another association of employees and workers of berth operators, has supported the strike. READ FULL STORY
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Arrest those who felled 30,000 trees: Bangladesh PM
Dhaka, 17 September : Bangladesh Prime Minister Sheikh Hasina has directed officials to nab those people who were allegedly involved in the felling of 30,000 trees along the coast of Cox’s Bazaar, even if they are from her party.
“Whoever the plunderers, even if they are from my party, find them out and take stern action against them,” she told the third meeting of the national environment committee here Wednesday, The Daily Star reported.

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Five Rivers gets Bengali cuisine for "Durga Puja"
Kolkata, 17 September : The rhythm of ' Dhak', a bit of ' Kash', a splash of colour and happiness in the air. Its West Bengal's 'Puja Parbon'.
To be in tune with this upbeat mood 'The Five Rivers' has spread a platter of rare gourmet to bowl over all gastronomic solutions at Kolkata. 'Pujo Buffet' will be available from 24- 28 September, every day and night. The Five Rivers will serve specially designed menu befitting the revelry during Durga Puja.
Five Rivers will pad up for a variety of special Bangla dishes for five days. Choose from Macher Kachuri, Karaisutir Kachuri, Fish Chop as starters. For the main course Sona Muger Dal, Bhapa Ilish, Doi Ilish, Chingrir Malaikari Macher Lau Paturi to Sandesh and Misti Doi will fill in the aroma. Ala carte' will hook you on to a choice of Puja special from Kashmiri, Punjabi and Bengali servings. READ FULL STORY AT AUTUMN IN BENGAL
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300 Bangladesh municipalities go to polls early 2010
Dhaka, 17 September : The Bangladesh Election Commission is set to hold polls to 300 municipalities early next year after the formulation of regulations in line with Local Government (Municipality) Act, an election commissioner said.
"We are preparing to hold municipality polls at the end of February or the beginning of March since parliament has passed the act," Mohammed Sakhawat Hussain said to reporters at his office on Thursday. The Municipality Act was passed on 14 September. The city corporation bill has not been placed in parliament that was adjourned until 4 October. "We cannot hold Dhaka City Corporation polls at the start of 2010 since the law has not been passed even though we have plans," he said. The Union Parishad polls will be held next year in phases, the commissioner said.
Among the 309 municipalities, voting in nine municipalities were held in August last year during the caretaker government regime.
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Four insurgents surrender in Agartala,Unconditionally
Agartala, 17 September : Four insurgents, including a woman of outlawed All Tripura Tiger Force (ATTF), Thursday surrendered, official sources said.
The ultras surrendered to the camp in-charge of 35 battalion of Assam Rifles at Sidhai in West Tripura district and deposited two wireless sets. Sources said, the insurgents fled from Satchhari camp of ATTF in Sylhat district of Bangladesh as the security forces in the neighbouring country conducted search operations against the Indian insurgents operating from the soil of that country. The ultras surrendered unconditionally.

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Bangladesh's ruling AL party official killed by bomb
Reuters, Dhaka, 17 September : An official from Bangladesh's ruling Awami League was killed in a bomb attack on a party office on Wednesday night and seven other people were wounded, police said.
Two bombs were thrown from a motorbike at the office where local leaders were meeting in an area frequented by banned leftist organisations near Jessore, 250 km west of the capital Dhaka. Imam Hasan Tutul (42), organising secretary of the local unit, was killed on the spot. Police said they had not identified the attackers, who also fired shots from revolvers. Police detained a suspect and were searching for others.
At least 10 banned leftist activists had been killed in separate encounters with police and troops over the past month in the western region. Security forces have also been struggling against several outlawed Islamist groups.
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