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By Anshul Singhal
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Index
Section Particulars
Quotes of the Day
Section 1 Market Watch
Section 2 Economy Updates
Section 3 Amendments
Section 4 Seminar
Section 5 Job / Empanelment's
Section 6 Sports
Section 7 Politics
Section 8 Movies Updates
Section 9 Amazing Facts
Section 10 Education
Section 11 World News
Section 12 Science and Technology
Section 13 Spirituality
Quotes of The Day
Section 1 (Market Watch)
Markets Today
Source: http://economictimes.indiatimes.com/markets
NSE 7542.5
BSE 3103.3
Gold 28,026
USD 61.17
Stock Indices Particulars Up/Down
Sensex 25,480.84 -414.13
Nifty 7,602.60 -118.70
S&P500 1,782.59 -0.65%
Nikkei 14,619.13 -1.98%
HSI 22,035.42 -0.48%
Section 2 (Economy Updates)
Tihar conference room declared special jail for Sahara chief
• The conference room of Delhi's Tihar jail has been declared a "special jail"
which will be offered to Sahara group chairman Subrata Roy to hold
negotiations for sale of his luxury hotels in New York and London. The
Supreme Court in its decision today allowed Roy to stay in and use the
conference room of the jail for 10 days to negotiate the sale of his luxury
hotels to raise Rs 10,000 crore so the money can be deposited as ordered
by the court to secure his bail.
• Sources in Tihar told PTI all the arrangements will be made for Roy at the
conference room within the Tihar complex. Besides other facilities, the
conference room has a toilet attached to it. "Arrangements will be made
for certain facilities like wi-fi and video conferencing for the Sahara group
to negotiate the sale of their properties to generate the bail amount. Two
laptops, two dekstop and one mobile phone has been allowed for the use,"
Tihar jail sources said.
• Charges for the services will be paid by the group. Apart from these, Roy's
steno, secretarial assistants and one technical assistant will be allowed to
help him from 6 am to 8 pm during 10 working days starting August
5. For the ten days period, 65-year-old Roy will be staying in the
conference room and he will be allowed to carry out negotiations within
the 14 hours time slot allotted, jail sources said.
Source: http://www.dnaindia.com
Ford India Sells 15,282 Vehicles In July
• Ford India sold 15,282 vehicles in combined domestic wholesales and
exports in July, a 24 per cent increase from 12,338 vehicles sold in the
corresponding month last year. July exports grew to 7,690 vehicles from
4,471 vehicles a year ago, while domestic wholesales remained steady at
7,592 units compared to 7,867 units sold in July last year.
“There are several indicators to suggest a gradual revival in customer
sentiment in the past few months, including cues from the stock market
and a steady improvement in manufacturing index,” said Vinay
Piparsania, executive director of Marketing, Sales and Service, Ford India.
In line with its philosophy of democratizing technology, Ford also
launched an Innovate Mobility Challenge Series in eight different
locations around the world in July, including Mumbai, Delhi and Chennai
in India. The challenge invites developers to use Ford’s Open XC program
to create mobile phone applications that leverage vehicle data and real-
time infrastructure information, such as traffic bottlenecks, for the benefit
of fellow drivers. Each region has a specific challenge for participants to
tackle and winners will be determined by a panel of Ford executives and
local experts. -
Source: http://www.businessworld.in
Honda Motorcycle sales up 32.87%
• Two-wheeler manufacturer Honda Motorcycle
& Scooter India (HMSI) on Friday reported a
32.87 per cent growth in its total sales in July.
• Total sales in July stood at 3,81,411 units,
against 2,87,048 units in the corresponding
month last year.
• Motorcycle sales registered a rise of 6.83 per
cent to 1,57,746 units in July 2014 from
1,47,656 units in July 2013, HMSI said in a
statement.
• The company also reported an increase of
60.45 per cent in its scooter sales at 2,23,665
units from 1,39,392 units in July 2013.
Source: http://www.thehindu.com
Section 3 (Amendments)
• Disallowance of expenditure on account of non-withholding
of tax on payments made to residents restricted to 30 per
cent as against 100 per cent disallowed currently.
• No disallowance of amounts paid/ payable to non-residents
from which taxes are withheld in the previous year and
deposited till the due date of filing of tax return (brought at
par with amount paid/ payable to residents).
• The scope of expenditure disallowable on account of non with
holding of tax expanded to include all payments made to
residents liable to withholding of tax (e.g. salary, director’s
fees).
Source: KPMG
Budget 2014
Section 4 (Seminar)
Source: http://www.cpeicai.org
Braithwaite And Co. Limited
Last Date : 26/08/2014
Expression of Interest from Chartered Accountant / Cost
Accountant Firms for engagement as Internal Auditor for
carrying out jobs of various accounting & internal control
including day-to-day activities related to pre-audit,
verification, settlement of dues, terminal benefits etc.
Address: Braithwaite And Co. Limited,5,Hide
Road,Kolkata-700043.
Phone: 2439-7415, 2439-4114, 2439-6613, 2439-7413.
Email: braithwaite_co@yahoo.com
Source: http://pdicai.org/OppDetail.aspx?MoreBtnId=oppurtunity
SECTION 6 (SPORTS UPDATE)
HOCKEY: INDIA BEAT SOUTH AFRICA 5-2 TO
ENTER SEMIFINALS OF CWG 2014
 The Indian men's hockey team won their fourth and final Pool A game 5-2 against
South Africa Thursday to qualify for the Commonwealth Games semi-finals where
they will take on New Zealand at the Glasgow National Hockey Centre Saturday.
 India needed to at least draw the contest to have any chance of qualifying for the
last four and they did it in style by thrashing the Africans, for whom it was a must-win
contest.
 India finished second in Pool A with three wins out of four matches behind defending
champions Australia, who won all four matches to top the group. In the other semi-
final Saturday, World No.1 Australia will take on England.
 India got into business right at the start to earn their first penalty corner in the third
minute. Drag-flicker V.R. Raghunath made no mistake in converting the opportunity
to open the account for the 2010 silver medallists.
 India earned another penalty corner in the next minute but this time it was saved by
agile South African goalkeeper Erasmus Pieterse.
 World No.9 India kept the pressure on and in the ninth minute Rupinder Pal Singh
was successful in converting another penalty corner to make it 2-0.
Source: http://www.firstpost.com
 Former Congress Working Committee member Jagmit Singh Brar on Monday
created a flutter with his remarks that there was "no harm" if Sonia Gandhi and
Rahul Gandhi take a two-year break in the wake of Lok Sabha poll debacle.
 Brar, a former MP from Punjab also said that all general secretaries of the AICC
should have resigned by now after the worst drubbing of Congress and the party
mantle be handed over to a new set of leaders.
 Brar, who has been sulking for long, is the first Congress leader, who has
demanded that the Gandhis should be out of leadership even for a brief period.
 The Congress leader at the same time said that whatever he was saying was as a
Congressman, who has spent years in the party and he believes that Gandhis can
stage a comeback after a brief respite and in the meantime, some leader can
head the party.
 He, was, however, unsparing in his criticism of the "advisors" of the leadership
saying they did not allow party workers to interact with the leadership and they
should immediately quit.
 "It's a collective responsibility. I am not saying put the blame on Sonia Gandhi and
Rahul Gandhi only. Everybody has to take responsibility. They are also
responsible. What I am saying is that if a person has remained party President for
so many years, there is no harm if he or she takes a cool off period for two years.
Source: http://www.hindustantimes.com
Section 8 (movies updates)
‘Anita Advani should not get a copy of Rajesh Khanna
will’
• Twinkle Khanna, daughter of deceased actor Rajesh Khanna, has appealed
against the recent judgment of the Bombay High Court allowing a copy of
his will to Anita Advani. Ms. Advani has claimed to be Mr. Khanna’s partner
who took care of him during his last years.
• On Friday, Ms. Khanna’s appeal came up for hearing before the division
bench headed by Chief Justice Mohit Shah. The court granted interim relief
to her and posted the matter for hearing on August 4.
• Ms. Advani’s counsel told the court that she would not take a copy of the
will from the Registrar’s office till Monday. The Khanna family has moved
an application to probate Rajesh Khanna’s will. According to the family, the
will does not mention any share to Anita Advani.
• Twinkle Khanna says in the appeal that Ms. Advani is not a legal heir of Mr.
Khanna and has no caveatable interest in his property. Since she is neither
going to get the property under the will nor as an heir, she should not be
made party to the probate proceedings, the appeal says.
Source: http://www.thehindu.com
Section 9 (Amazing Facts)
Amazing facts
 “I Am” is the shortest complete
sentence in the English language.
 Babies are born without knee caps –
actually, they’re made of cartilage
and the bone hardens between the
ages of 2 and 6 years.
Source: http://indianrealist.com
Section 10 (Educational)
Source:
SECTION 11 (WORLD NEWS)
KERRY CHALLENGES MODI OVER WTO
INDIA’S STANCE
 NEW DELHI: US Secretary of State John Kerry told
Narendra Modi that India’s stance on a key WTO trade
deal sent the wrong message, as he met the country’s new
prime minister for the first time on Friday.
 Kerry has expressed optimism about expanding cooperation
between the world’s two largest democracies during a first
visit aimed at reviving a relationship clouded by mistrust.
 But a raft of disputes has cast a shadow over hopes for a
warmer relationship, with India on Thursday night
blocking a major World Trade Organisation pact which
would streamline global customs procedures.
 During the meeting — aimed at breaking the ice with a
leader once shunned by Washington — Kerry told Modi
India’s stance on the deal was at odds with his desire to
open up the country’s economy.
Source: http://gulfnews.com
SECTION 12 (SCIENCE AND TECHNOLOGY)
JITENDRA SINGH FELICITATES 18
CHILDREN SCIENTISTS
 New Delhi, Jul 31 (PTI) Eighteen children scientists were felicitated
here today for their accomplishment at the International Science
and Engineering Fair held in US.
Lauding the innovations of the students, Minister of State
(Independent Charge) for Science and Technology, Dr Jitendra
Singh said that there is a need to drive innovations at schools leve
Source: http://ptinews.com
SECTION 13 (SPIRITUALITY)
व्रत एवं पवव
 जुलाई सन ् 2014
 विक्रम संित ् 2071
आषाढ शुक्ऱ चतुथी से श्रावण शुक्ऱ चतुथी तक
 शक संित ् 1936
राष्ट्रीय आषाढ 10 से राष्ट्रीय श्रावण 9 तक
 हिजरी सन ् 1435
रमजान 2 से शव्वाऱ 3 तक
Source: http://www.jagran.com/spiritual/panchang-news-hindi.html
3 अगस्त
गोस्वामी तुऱसीदास जयन्ती, भानु-सप्तमी पवव (सूयवग्रहणतुल्य), शीऱ-मोऺ सप्तमी
(जैन), शीतऱा सप्तमी (द. गुजरात), Friendship Day
.
DISCLAIMER -The opinion(s) expressed by member(s) are of their own, and/OR
information provided by member(s), the users need to verify it from their own
sources. No responsibility of any sort taken by me or any member(s) or the moderator
for any opinion expressed or the information posted on this group.

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Knowledge update 2 aug-14

  • 1. By Anshul Singhal For Private Circulation only
  • 2. Index Section Particulars Quotes of the Day Section 1 Market Watch Section 2 Economy Updates Section 3 Amendments Section 4 Seminar Section 5 Job / Empanelment's Section 6 Sports Section 7 Politics Section 8 Movies Updates Section 9 Amazing Facts Section 10 Education Section 11 World News Section 12 Science and Technology Section 13 Spirituality
  • 5. Markets Today Source: http://economictimes.indiatimes.com/markets NSE 7542.5 BSE 3103.3 Gold 28,026 USD 61.17 Stock Indices Particulars Up/Down Sensex 25,480.84 -414.13 Nifty 7,602.60 -118.70 S&P500 1,782.59 -0.65% Nikkei 14,619.13 -1.98% HSI 22,035.42 -0.48%
  • 7. Tihar conference room declared special jail for Sahara chief • The conference room of Delhi's Tihar jail has been declared a "special jail" which will be offered to Sahara group chairman Subrata Roy to hold negotiations for sale of his luxury hotels in New York and London. The Supreme Court in its decision today allowed Roy to stay in and use the conference room of the jail for 10 days to negotiate the sale of his luxury hotels to raise Rs 10,000 crore so the money can be deposited as ordered by the court to secure his bail. • Sources in Tihar told PTI all the arrangements will be made for Roy at the conference room within the Tihar complex. Besides other facilities, the conference room has a toilet attached to it. "Arrangements will be made for certain facilities like wi-fi and video conferencing for the Sahara group to negotiate the sale of their properties to generate the bail amount. Two laptops, two dekstop and one mobile phone has been allowed for the use," Tihar jail sources said. • Charges for the services will be paid by the group. Apart from these, Roy's steno, secretarial assistants and one technical assistant will be allowed to help him from 6 am to 8 pm during 10 working days starting August 5. For the ten days period, 65-year-old Roy will be staying in the conference room and he will be allowed to carry out negotiations within the 14 hours time slot allotted, jail sources said. Source: http://www.dnaindia.com
  • 8. Ford India Sells 15,282 Vehicles In July • Ford India sold 15,282 vehicles in combined domestic wholesales and exports in July, a 24 per cent increase from 12,338 vehicles sold in the corresponding month last year. July exports grew to 7,690 vehicles from 4,471 vehicles a year ago, while domestic wholesales remained steady at 7,592 units compared to 7,867 units sold in July last year. “There are several indicators to suggest a gradual revival in customer sentiment in the past few months, including cues from the stock market and a steady improvement in manufacturing index,” said Vinay Piparsania, executive director of Marketing, Sales and Service, Ford India. In line with its philosophy of democratizing technology, Ford also launched an Innovate Mobility Challenge Series in eight different locations around the world in July, including Mumbai, Delhi and Chennai in India. The challenge invites developers to use Ford’s Open XC program to create mobile phone applications that leverage vehicle data and real- time infrastructure information, such as traffic bottlenecks, for the benefit of fellow drivers. Each region has a specific challenge for participants to tackle and winners will be determined by a panel of Ford executives and local experts. - Source: http://www.businessworld.in
  • 9. Honda Motorcycle sales up 32.87% • Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) on Friday reported a 32.87 per cent growth in its total sales in July. • Total sales in July stood at 3,81,411 units, against 2,87,048 units in the corresponding month last year. • Motorcycle sales registered a rise of 6.83 per cent to 1,57,746 units in July 2014 from 1,47,656 units in July 2013, HMSI said in a statement. • The company also reported an increase of 60.45 per cent in its scooter sales at 2,23,665 units from 1,39,392 units in July 2013. Source: http://www.thehindu.com
  • 11. • Disallowance of expenditure on account of non-withholding of tax on payments made to residents restricted to 30 per cent as against 100 per cent disallowed currently. • No disallowance of amounts paid/ payable to non-residents from which taxes are withheld in the previous year and deposited till the due date of filing of tax return (brought at par with amount paid/ payable to residents). • The scope of expenditure disallowable on account of non with holding of tax expanded to include all payments made to residents liable to withholding of tax (e.g. salary, director’s fees). Source: KPMG Budget 2014
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  • 15. Braithwaite And Co. Limited Last Date : 26/08/2014 Expression of Interest from Chartered Accountant / Cost Accountant Firms for engagement as Internal Auditor for carrying out jobs of various accounting & internal control including day-to-day activities related to pre-audit, verification, settlement of dues, terminal benefits etc. Address: Braithwaite And Co. Limited,5,Hide Road,Kolkata-700043. Phone: 2439-7415, 2439-4114, 2439-6613, 2439-7413. Email: braithwaite_co@yahoo.com Source: http://pdicai.org/OppDetail.aspx?MoreBtnId=oppurtunity
  • 16. SECTION 6 (SPORTS UPDATE)
  • 17. HOCKEY: INDIA BEAT SOUTH AFRICA 5-2 TO ENTER SEMIFINALS OF CWG 2014  The Indian men's hockey team won their fourth and final Pool A game 5-2 against South Africa Thursday to qualify for the Commonwealth Games semi-finals where they will take on New Zealand at the Glasgow National Hockey Centre Saturday.  India needed to at least draw the contest to have any chance of qualifying for the last four and they did it in style by thrashing the Africans, for whom it was a must-win contest.  India finished second in Pool A with three wins out of four matches behind defending champions Australia, who won all four matches to top the group. In the other semi- final Saturday, World No.1 Australia will take on England.  India got into business right at the start to earn their first penalty corner in the third minute. Drag-flicker V.R. Raghunath made no mistake in converting the opportunity to open the account for the 2010 silver medallists.  India earned another penalty corner in the next minute but this time it was saved by agile South African goalkeeper Erasmus Pieterse.  World No.9 India kept the pressure on and in the ninth minute Rupinder Pal Singh was successful in converting another penalty corner to make it 2-0. Source: http://www.firstpost.com
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  • 19.  Former Congress Working Committee member Jagmit Singh Brar on Monday created a flutter with his remarks that there was "no harm" if Sonia Gandhi and Rahul Gandhi take a two-year break in the wake of Lok Sabha poll debacle.  Brar, a former MP from Punjab also said that all general secretaries of the AICC should have resigned by now after the worst drubbing of Congress and the party mantle be handed over to a new set of leaders.  Brar, who has been sulking for long, is the first Congress leader, who has demanded that the Gandhis should be out of leadership even for a brief period.  The Congress leader at the same time said that whatever he was saying was as a Congressman, who has spent years in the party and he believes that Gandhis can stage a comeback after a brief respite and in the meantime, some leader can head the party.  He, was, however, unsparing in his criticism of the "advisors" of the leadership saying they did not allow party workers to interact with the leadership and they should immediately quit.  "It's a collective responsibility. I am not saying put the blame on Sonia Gandhi and Rahul Gandhi only. Everybody has to take responsibility. They are also responsible. What I am saying is that if a person has remained party President for so many years, there is no harm if he or she takes a cool off period for two years. Source: http://www.hindustantimes.com
  • 20. Section 8 (movies updates)
  • 21. ‘Anita Advani should not get a copy of Rajesh Khanna will’ • Twinkle Khanna, daughter of deceased actor Rajesh Khanna, has appealed against the recent judgment of the Bombay High Court allowing a copy of his will to Anita Advani. Ms. Advani has claimed to be Mr. Khanna’s partner who took care of him during his last years. • On Friday, Ms. Khanna’s appeal came up for hearing before the division bench headed by Chief Justice Mohit Shah. The court granted interim relief to her and posted the matter for hearing on August 4. • Ms. Advani’s counsel told the court that she would not take a copy of the will from the Registrar’s office till Monday. The Khanna family has moved an application to probate Rajesh Khanna’s will. According to the family, the will does not mention any share to Anita Advani. • Twinkle Khanna says in the appeal that Ms. Advani is not a legal heir of Mr. Khanna and has no caveatable interest in his property. Since she is neither going to get the property under the will nor as an heir, she should not be made party to the probate proceedings, the appeal says. Source: http://www.thehindu.com
  • 23. Amazing facts  “I Am” is the shortest complete sentence in the English language.  Babies are born without knee caps – actually, they’re made of cartilage and the bone hardens between the ages of 2 and 6 years. Source: http://indianrealist.com
  • 27. KERRY CHALLENGES MODI OVER WTO INDIA’S STANCE  NEW DELHI: US Secretary of State John Kerry told Narendra Modi that India’s stance on a key WTO trade deal sent the wrong message, as he met the country’s new prime minister for the first time on Friday.  Kerry has expressed optimism about expanding cooperation between the world’s two largest democracies during a first visit aimed at reviving a relationship clouded by mistrust.  But a raft of disputes has cast a shadow over hopes for a warmer relationship, with India on Thursday night blocking a major World Trade Organisation pact which would streamline global customs procedures.  During the meeting — aimed at breaking the ice with a leader once shunned by Washington — Kerry told Modi India’s stance on the deal was at odds with his desire to open up the country’s economy. Source: http://gulfnews.com
  • 28. SECTION 12 (SCIENCE AND TECHNOLOGY)
  • 29. JITENDRA SINGH FELICITATES 18 CHILDREN SCIENTISTS  New Delhi, Jul 31 (PTI) Eighteen children scientists were felicitated here today for their accomplishment at the International Science and Engineering Fair held in US. Lauding the innovations of the students, Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh said that there is a need to drive innovations at schools leve Source: http://ptinews.com
  • 31. व्रत एवं पवव  जुलाई सन ् 2014  विक्रम संित ् 2071 आषाढ शुक्ऱ चतुथी से श्रावण शुक्ऱ चतुथी तक  शक संित ् 1936 राष्ट्रीय आषाढ 10 से राष्ट्रीय श्रावण 9 तक  हिजरी सन ् 1435 रमजान 2 से शव्वाऱ 3 तक Source: http://www.jagran.com/spiritual/panchang-news-hindi.html 3 अगस्त गोस्वामी तुऱसीदास जयन्ती, भानु-सप्तमी पवव (सूयवग्रहणतुल्य), शीऱ-मोऺ सप्तमी (जैन), शीतऱा सप्तमी (द. गुजरात), Friendship Day
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