Friday, March 15, 2013 | Hyderabad

Dr Anji Reddy no more

Dr. K. Anji Reddy, Founder & C h a i r m a n o f D r. R e d d y ’s Laboratories Ltd., passed away this evening in Hyderabad. He was ailing for some time....Page.8

Page.8Page.8

Politics

Hyderabad, March 15: Speaker N TDP MLA Harishwar Reddy defied the Manohar has allowed the no confidence whip and stood with in support of the no motion against the Andhra Pradesh trust vote.cabinet moved by TRS floor leader Etela Immediately after admitting the motion, a Rajendra as more than one-tenth of the special Business Advisory Meeting (BAC) total strength of the 294-memebr house was convened to discuss the proceedings stood in favour of the motion. of the no trust vote. The motion, moved under rule 75, said Though the Opposition parties said that that the house has no confidence in the the motion can be discussed after the cabinet of ministers. The one line motion important issues, Speaker ruled it out and was supported by YSRCP, BJ, TRS, CPI, said when the cabinet is facing a no CPM and an independent extended confidence motion, any other business support to the motion. cannot be transacted unless it is cleared.

Friday, March 15, 2013 | Hyderabad

TDP MLA defies whip; discussion on

Speaker disallows adjournment motionsan BJP gave notice on Hyderabad, March 15: Speaker N Manohar power scarcity.disallowed adjournment motions moved by Left parties wanted to opposition parties and TDP and TRS discuss on the rollback of members rushed to the podium seeking power charges and immediate discussion on their respective Nagam Janardhan Reddy motions.gave a notice seeking When the situation did not improve, the d i s c u s s i o n o n t h e speaker adjourned the house for one hour.suicides of youth in While TDP issued notice for discussion on Telangana.power cuts and scarcity of drinking water, T h e s p e a k e r h a s TRS wanted a resolution to be adopted on d i sa l lowed a l l t he Telangana, crop loss due to power shortage adjournment motions.was the subject of YSRCP while drinking

water shortage was the issue raised by MIM

MIM not to supportNo Confidence MotionNo Trust Vote allowedHyderabad, March 15: The Majlis-e-Ittehadul Muslimeen has said that it would not support the No Confidence Motion. Floor leader Akbaruddin Owaisi said that the no confidence will benefit only Congress and his party will not give support to the motion. “There is no doubt that the Congress has lost confidence of the people but will not support the motion,’ he said.

Ponnala in troubleNew Delhi, March 15: The Supreme Court has quashed two petitions of Minister Ponnala Lakshmaiah here today. The curative petition filed by the minister to reconsider the apex court judgment was turned down. The court has also rejected the review petition filed by Ponnala.

City

has been using the movement for trade-offs. Hyderabad, March 15: The debate on no His remark against TRS President K confidence motion began on a note of trading Chandrasekhar Rao evoked sharp response charges by the ruling and TRS benches with T from TRS benches. Etela Rajender said that it Harish Rao asserting that Telangana got a raw was not fair on his part to comment on a person deal in the congress regime while Chief who is not in the house.Minister hitting back saying that it was Tempers ran high when Chief Minister and Congress that made a leader from Telangana as Harish Rao were drawn into a verbal duel on Prime Minister.the allocation of funds to regions. The ruling Initiating the debate under rule 75, Harish Rao and opposition parties questioned each other’s narrated the sequence of events and how contribution for the development of Telangana.Telangana got a raw deal ever since the state was Etela Rajendra has demanded an apology from formed. People of Telangana were exploited the Chief Minister, who cooled down and said and Congress always deceived the people of the that he belongs to Hyderabad and Telangana. region.Harish Rao also withdrew his remark later. Intervening Chief Minister said Congress made At one stage legislative affairs minister D a leader of the region as Prime Minister. At one Sridhar Babu said, TRS is not the sole stage Chief Minister said that he did not become

Rao hit back saying why there was no representative of Telangana. Even we have a chief minister with the mercy of TRS but he was memorial at Delhi of that leader (PV stake in it, he said. opted by the Congress high command. Harish Narasimha Rao). Jagga Reddy said that TRS

a whip to his party members not to Hyderabad, March 15: YSRCP participate in the voting, she said.Deputy floor leader Sobha Nagi This shows that Congress and TDP Reddy today said that TDP leader have ganged up and are working N Chandrababu Naidu has for mutual interests. By issuing a election phobia.whip, TDP is indirectly supporting “That is the reason why he is Congress, she said.playing games at a time when he Congress leader Peddireddy has to assert his position and floor Ramachandra Reddy withdrew his the ruling party,’ she said at the resignation only vote with us, she media point. When we have given claimed.notice for acute power cuts, the

main opposition leader has issued

Friday, March 15, 2013 | Hyderabad

Naidu has election phobia

TRS, Congress cross swords

TDP others trade charges

will be having Chandrabau Naidu’s Hyderabad, March 15: With the photo in his cabin, he said.house adjourned twice following TDP leaders said that they will not TDP and TRS members rushing to be part of the tradeoff between TRS the podium pressing for their and YSRCP with Congress. They respective adjournment motions to will react at an appropriate time, the be taken up, the media point party leaders said.became a battle ground for war of TRS issuing a one-line motion words between the parties with no without mentioning Telangana confidence motion being the came under flak from TDP centre point of debate.members and TRS said that it has TRS leaders KT Rama Rao and given an open ended motion, while others criticized TDP for keeping the single point agenda of our party away from no confidence is to achieve separate state.motion.They said it is a total The handful of MLAs who quit sellout on part of N Chandrababu Congress and TDP did not join the Naidu who is saving the Congress opposition and the possibility of government being the opposition disqualification looms large.leader. Congress leader Sailajanath said “Even now it is not late, he should that no one can topple the change his stand and join the government and described the no opposition parties to highlight the trust vote as a drama for political failures of the state government.’ gains and to make their presence TDP has become a branch office of felt.Congress and Kiran Kumar Reddy

State Politics

and Jagan Mohan Reddy. The many. Shall I talk about his dark Hyderabad, March 15: Taking unabated personal attack on agreements with Union Minister objection to the derogatory YSR and Jagan Mohan Reddy Chidambaram or his party’s remarks made by TDP member angered YSRCP honourary support to the FDI bill?” she Motkupa l ly Na ra s imhu lu president Smt. Vijayamma. questioned.Earlier, YSRCLP repeatedly against the late Dr. “Is it justified on your part to deputy leader Sobha Nagi Reddy YSR during the debate on no-speak ill about YSR who is not said they have announced support trust motion on Friday, YSR in the house? Is it justified for to the no-confidence motion Congress par ty members you to pass judgments on Jagan introduced by TRS as it was surrounded the Speaker podium Mohan Reddy? Which court aimed at exposing the failures of demanding the chair to remove said that he is a culprit?” asked the Government.his abusive comments from the Vijayamma object ing to “We have already said we will records and seek an instant Motkupally’s remarks. She also support no-confidence motion apology from him. Despite asked TDP to disclose why introduced by any political party YS Jagan Mohan Reddy making strong objections from the

Chandrababu Naidu has decided in the interests of the people. allegations against them and YSRCP members, in an effort to not to support the no-trust motion. Going by our earlier word, we inviting the ire of the party MLAs.divert public attention and escape “I never made any personal supported the TRS sponsored Instead of attacking the anti-criticism over its unwillingness comments against Chandrababu motion,” she said explaining the p e o p l e p o l i c i e s o f t h e to support the no-trust motion, Naidu. If I wanted to make reasons for supporting the no-Government, the TDP member Motkupally umpteen times tried personal comments, there are confidence motion. pointedly chose to attack YSR to abuse YSR and YSRCP chief

Hyderabad, March 15: Affirming power charges is affecting pronounced when N Chandrababu attract whopping Rs 6.5 lakh cores that the Kiran Kumar Reddy agr icul ture , indust r ia l and Naidu in his ongoing padayatra of investments through the government has no right to domestic sectors,’ she said. criticises the State Government partnership summit but had to scale continue in office for a single day “It is unfortunate that I have to every day telling people that this down the figure drastically as they as its anti-people’s policies have express no confidence on the government has no right to were no takers.put the clock of development Congress government, which has continue. When the time comes to Some nine years back this was the backwards, YSR Congress floor been a model state in the country corner the Congress government, trend during TDP rule to give leader YS Vijayamma has under the leadership of YSR. he develops cold feet and keeps inflated figures and create an w o n d e r e d w h y t h e m a i n During the past three years, away from the democratic impression that the economy is Opposition TDP is keeping itself Aarogyasri, fees reimbursement, process,” she said. very healthy. “I think the Kiran away from the democratic process free power and all welfare schemes No confidence motion is the tool in Kumar Reddy government is also of questioning the ruling party on took a beating and the state the hands of the main opposition following the same pattern,” she its failures. has taken no steps to improve the and if it fails to use it at this said. Initiating the debating on the no power generation which is opportune time, it has no moral Summing it up, the government confidence motion on behalf of resulting in pathetic situation with right to stand before people’s court, has failed to assess the power needs YSRCP, she said: “The State farmers losing crops, industries she said adding that YSRCP has and could not draft a plan Government has failed on all fronts being shut down and workers being moved the motion as it stands for accordingly, and the power and did not live up to the rendered jobless,” she said. the people’s cause and reflect their shortage is of its own making, the expectations of the people who We have to move the no confidence feelings in the House. With 15 hike in power charges and fuel voted them to power as it has motion, as the main opposition did days power cut to industries per surcharge adjustment is very harsh, diluted, defaced or debunked all not respond to the people’s month, over 1.5 lakh industries are hike in bus fares, petrol and diesel the schemes of YSR. aspirations and problems. The closed down and 20 lakh families prices, agriculture inputs, closure While some calamities are natural leader of opposition issuing a whip are affected. Though the state has of cottage, small and medium there are others that are man-made. to TDP members to keep away made some tall claims that it will industries, toning down fees The acute power crisis is the from the no confidence voting has provide jobs under Rajiv Yuva reimbursement and Medicare has making of the state government as r e d e f i n e d p a r l i a m e n t a r y Kiranalu it remained a mirage and been affecting the people of the its lack of foresight and concern democracy. This is an indication only a few people were given state very badly.has pushed the state into darkness. that the ruling Congress and main employment in private sector As the government failed to The situation could have been opposition TDP have ganged-up,” which does not match to the address the peoples issues I firmly avoided with little planning, she said amidst interruptions from estimates of the original figures believe that people lost faith in the foresight and commitment, but the the treasury and opposition mentioned. government and it should go state’s interests and priorities were benches. The Kiran Kumar Reddy forthwith, “she said.elsewhere and the steep hike in “The unholy nexus becomes more government claimed that it could

Friday, March 15, 2013 | Hyderabad

Abusive remarks against YSR angers Vijayamma

Krian govt. should go, says YS Vijayamma

State PoliticsFriday, March 15, 2013 | Hyderabad

Sri City signs agreement with Isuzu Motors, launches two vehicles7). Isuzu has started sales of pick-up truck (D-Hyderabad, March 15: Sri City today signed the Isuzu coming to Sri City would also generate

MAX) and pick lease agreement up de r iva t ive with Japan based (MU-7) from this I s u z u M o t o r s m o n t h b y I n d i a P r i v a t e i m p o r t i n g Limited in the complete built up p r e s e n c e o f vehicles. Isuzu M i n i s t e r f o r will build up the Industries Mrs. sa les network Geetha Reddy and starting from 2 off ic ia ls f rom states, Andhra Isuzu and Sri City.P r a d e s h a n d Isuzu has decided Tamil Nadu, and Sri City as the e x p a n d m o s t s u i t e d accordingly.location based I n d i a ’ s upon the good a u t o m o b i l e a c c e s s t o i n d u s t r y h a s Chennai, where grown to a market many automobile with annual sales related industries of 3,600,000 units are situated, and last year backed the port for import up by its steady and export, and e c o n o m i c the background of d e v e l o p m e n t . d e v e l o p i n g a Especially the support foothold p ick-up t ruck for main LCV segment, the core o p e r a t i o n i n

more employment opportunities and bring product of Isuzu’s LCV, has expanded at a high Thailand. Isuzu has acquired 430 thousand

huge investments to the hitherto backward speed to a market with annual sales of 200,000 square meters of Land with aiming the target

Satyavedu region of Chittoor District, units. Isuzu aims to expand business in India by sales of 100 thousand units annually in future.

Ravindra Sannareddy added.developing products matching the market Mr. Ravindra Sannareddy, Managing Director,

Isuzu Motors will start their LCV operations in needs, expanding the sales network and setting Sri City said “We are delighted that Isuzu

Sri City. Isuzu had also launched their Pick-up up manufacturing operations.Motors, has chosen Sri City to establish their

truck (D-MAX) and Pick up derivative (MU-first manufacturing plant in India.”

News in Pictures

CM participates in Isuzu Motor MoU programme

Friday, March 15, 2013 | Hyderabad

TDP MLC Saleem takes certificate

DGP Participates in NPA's symposium

Business

Takru said both RBI and the Ministry are laundering both within and outside with online Mumbai,15 March: The BSE benchmark collecting information about the issue. If facts portal, Cobrapost claiming that a sting Sensex on Friday fell by nearly 143 points on are established, then whoever is guilty will pay operation conducted by it has revealed a scam.heavy selling in private banks, including ICICI

In 30-scrip Sensex, a total of 18 Bank and HDFC Bank, following scrips including RIL, Bharti government's promise that action Airtel, GAIL, L&T, BHEL and will be taken if any person is found Tata Motors fell.guilty in the alleged money Similarly, the NSE 50-issue CNX laundering scam.Nifty also dipped by 36.35 points After gaining 208 points yesterday or 0.62 percent to end at 5,872.60.on rate cut hopes, the Bombay Stock While Asian stocks were mixed, a Exchange 30-share gauge resumed lower opening in Europe as stable. Soon it moved up to a high of e u r o z o n e l e a d e r s e a s e d 19,673.16 but started losing constraints on national budgets momentum after banking shares amid a deepening recession, crumbled under heavy selling. It further influenced the Indian finally ended at 19,427.56, a fall of markets.142.88 points or 0.73 percent.Meanwhile, the Nalco public Other interest-rate sensitive stocks offer was fully subscribed before from realty and auto sectors also the price, he added.

the close of market hours today. Its shares fell saw profit-booking. Overall, 1,754 stocks fell "Banking stocks pared their recent gains after 8.81 percent as government had fixed the sale's on BSE while just 1,114 counters ended up. news of RBI probing the money-laundering floor price at a steep discount. Investor wealth fell by Rs 35,000 crore to end at practices in the said banks weakened investor Dipen Shah, Head - Private Client Group Rs 66.59 lakh crore. sentiment," said Rakesh Goyal, Senior Vice Research, Kotak Securities said, Indian stock Reflecting sell-off in the concerned private President, Bonanza Portfolio Ltd.market benchmarks fell by more than 1 percent banks, ICICI Bank, HDFC Bank and Axis bank Yesterday, the country's three largest private for the week.dropped between nearly 1-4 percent. In New banks were accused of indulging in money

Delhi, Financial Services Secretary Rajiv

Top Gainers

Top Losers

Scrip Code Company Last Traded Price Absolute Change Change

Scrip Code Company Last Traded Price Absolute Change Change

500002 ABB 574.2 -12.25 -2.09500410 ACC 1251.65 -7.5 -0.6500425 Ambuja Cements 187.95 -2.45 -1.29508869 Apollo Hosp 803.9 -29.55 -3.55500820 Asian Paints 5024.65 134 2.74532977 Bajaj Auto 1852.5 -2.05 -0.11500043 Bata India 742.25 -8.75 -1.17532454 Bharti Airtel 311.05 -3.95 -1.25500103 BHEL 198.05 -0.75 -0.38532523 Biocon 272.6 -4.55 -1.64532321 Cadila Health 749.95 -3.95 -0.52500870 Castrol India 332.95 4.3 1.31500084 CESC 297.35 -6.25 -2.06500087 Cipla 384.25 -1.1 -0.29500830 Colgate Palmolive 1317 -0.6 -0.05500093 Crompton Greav 97.45 -1.2 -1.22500480 Cummins India 496.5 -4 -0.8500096 Dabur India 137.15 3.85 2.89532488 Divis Lab 1018.65 -7.7 -0.75500124 Dr Reddys Lab 1823.45 5.85 0.32531162 Emami-$ 599.05 3.15 0.53532155 Gail India 324.1 -8.65 -2.6500676 Glaxosmithkl Cons 4215 31.2 0.75532296 Glenmark Pharma 493.25 -4.25 -0.85532424 Godrej Cons 747.25 -19.05 -2.49

Scrip Code Company Last Traded Price Absolute Change Change

Scripwise Price Movement in SHARIAH 50S h a r i a h I n d e x

500096 Dabur India 137.15 3.85 2.89

500820 Asian Paints 5024.65 134 2.74

500870 Castrol India 332.95 4.3 1.31

500676 Glaxosmithkl Cons 4215 31.2 0.75

531162 Emami-$ 599.05 3.15 0.53

508869 Apollo Hosp 803.9 -29.55 -3.55

532424 Godrej Cons 747.25 -19.05 -2.49

500002 ABB 574.2 -12.25 -2.09

532155 Gail India 324.1 -8.65 -2.6

500084 CESC 297.35 -6.25 -2.06

Sensex down 143 points, bank shares hit by money laundering fears

Friday, March 15, 2013 | Hyderabad

Top StoryFriday, March 15, 2013 | Hyderabad

I examinations. The authorities Hyderabad, March 15: As many as

have booked as many as 105 94,490 or 8.21 per cent of the

candidates for malpractices.c a n d i d a t e s s k i p p e d t h e

The Board of Intermediate Intermediate Public Examinations

Education has sent observers to held across the State on Friday.

the districts of Mahabubnagar, They were among the 10, 47,970

Nalgonda, Medak, Warangal, General and 1,02,262 Vocational

Hyderabad and Ranga Reddy candidates.

Districts. The examinations were The candidates appeared for the

conducted peacefully without Physics Paper-I, Economics Paper

any untoward incident.– I and Classical Language Paper –

Over 90,000 abstain from inter exams

p h a r m a c e u t i c a l that positively impacted the lives education, clean drinking water company of India to o f n e a r l y 5 m i l l i o n and healthcare. A nation is initiate basic drug underprivileged citizens, mainly grateful to a man who paved a discovery research in children and youth. way for the delivery of affordable 1 9 9 3 . A B . S c medicines to the masses and made g r a d u a t e f r o m In 1998, Dr. Reddy set up the us believe and take pride in Bombay University Naandi Foundation as a Public innovation as a means to with specialization in Charitable Trust. Naandi is prosperity.”P h a r m a c e u t i c a l probably India's largest rural safe Science and Fine drinking water provider, and Dr. Reddy served as a Member of C h e m i c a l s , D r . gives midday meals to 1.3 million the Prime Minister’s Council on Reddy obtained his gove rnmen t s choo l -go ing Trade & Industry, Government of Ph.D in Chemical children and farmers. Dr. Reddy India. He was the Chairman of Engineering from took up the cause of safe Andhra Pradesh Industrial National Chemical motherhood and newborn care, Development Corpora t ion Laboratory, Pune. thereby reducing maternal and (APIDC), and President of The S o o n a f t e r h i s neo-natal care in India. He also Indian Pharmaceutical Alliance. studies, he served in spearheaded and founded the Neo He served as a Board Member of t h e s t a t e - o w n e d Natal Intensive Care and GAIN, Switzerland (Global IDPL be fo re he Emergencies called “NICE Alliance for Improved Nutrition) founded the company Foundation”, the only institute for and also was on the Board of in 1984. newborns in Asia that also does Directors for TB Alliance, New

large scale community outreach York (Global Alliance for TB Under his leadership, programs, saving a number of Drug Development).Ithe company became lives on a daily basis.a p i o n e e r a n d In April 2011, he was honored by trendsetter in the Satish Reddy, MD and COO of the Government of India with the Hyderabad, March 15: Dr. K. Anji

Indian pharmaceutical industry. Dr. Reddy’s Laboratories Ltd and Padma Bhushan, one of the Reddy, Founder & Chairman of Dr. Reddy also set-up the son to Dr. Reddy said: “Dr. Reddy highest Civilian Awards in India, Dr. Reddy’s Laboratories Ltd., "Institute of Life Sciences" at touched millions of lives through recognizing his distinguished passed away this evening in Hyderabad, which is a public- h i s c o n t r i b u t i o n t o t h e service of high order in the field of Hyderabad. He was ailing for private partnership with the Pharmaceutical industry and his Trade and Industry. In 2012, some time.Government of Andhra Pradesh Ph i l an th rop i c e f fo r t s . I n CNBC TV18 conferred the for carrying out cutting edge improving access to affordable, Lifetime Achievement Award Dr. Reddy’s mission in life was to research in Life Sciences. high quality medicines and in (IBLA) on him for being a p r o v i d e i n n o v a t i v e n e w Critically aware of his own innovation, his contributions visionary who had spent a medicines at a price that the responsibility to society, Dr. have been extraordinary. His lifetime building up his company common man could afford. His Reddy in the last decade was philanthropic initiatives made a into a colossus with a global reach passion for research became renowned for his outcome based difference in the lives of so many putting Indian industry on the legendary when Dr. Reddy’s institutionalized philanthropy Indians in the areas of livelihood, world map.Laboratories Ltd. became the first

Dr Anji Reddy no more