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Monday 18 March 2013

India go 3-0 up with last-hour win


India 499 (Dhawan 187, Vijay 153, Siddle 5-71) and 136 for 4 beat Australia 408 (Starc 99, Smith 92) and 223 (Hughes 69) by six wickets

Long awaited for India, too little and much too late for Australia. MS Dhoni's team completed a six-wicket victory in Mohali and regained the Border-Gavaskar Trophy 3-0 with a Test to play, but not before the tourists had made India scrap for every run. Sachin Tendulkar's run-out was engineered purely due to the pressure brought to bear by Peter Siddle and Mitchell Starc, before a few bold strikes by Dhoni and Ravindra Jadeja settled matters. 

India's victory meant they had won three Tests in a series for the first time since Mohammad Azharuddin's side swept Sri Lanka in as many matches in 1993-94. Australia's defeat meant they had lost the first three matches of a series for the first time since 1988-89, when Allan Border led his developing side to a 3-1 defeat at home to West Indies, a sobering gap of 25 years. 

Like the results in Chennai and Hyderabad, India's win was built on the guile of their spin bowlers and the verve of their top-order batsmen. Shikhar Dhawan was indisposed on day five due to a jarred hand suffered in the field, but his coruscating debut innings defined the match, making Australia's 408 appear utterly puny. The Indian bowlers contributed evenly, R Ashwin, Ravindra Jadeja and Pragyan Ojha sharing the wickets on day five after Bhuvneshwar Kumar had tilted the match decisively towards India by knocking over Australia's top three on the fourth evening. 

The most unsettling thing about the tense way in which the match concluded was that this kind of contest had been so absent from the earlier and more critical passages of the series. Australia may take some solace from the fight displayed in the dying hours of the match, but the mere fact they were left scrapping for a draw that would still have lost them the series underlined how far they have fallen on this tour. It cannot be forgotten that this was a third consecutive hiding inside four days, after the first six hours of this match were lost to rain on Thursday. 


       Smart stats

  • India have won three Tests in a series for only the fourth time (first against Australia). Their previous two such series wins came against England (1993) and Sri Lanka (1993-94).
  • India have won each of their last six home Tests against Australia. Including their win in the Mumbai Test in 2004, India have won eight and drawn two matches.
  • Australia have lost the first three Tests of a series for the first time since the home series against West Indies in 1988-89. They have been whitewashed in a series of three or more matches only twice (South Africa in 1969-70 and Pakistan in 1982-83).
  • India have now won their last three Tests against Australia in Mohali. Their only loss at the venue was in 1994 when West Indies won by 243 runs.
  • Australia have now lost 13 times after scoring 400-plus in the first innings (batting first). Five of the last six such defeats have come against India.
  • Ravindra Jadeja dismissed Michael Clarke for the fifth time in the series. This is only the fourth time that a batsman has been dismissed five times by a particular bowler in an India-Australia series. Among spinners, only Anil Kumble has dismissed Clarke more often (six times).
  • Australia's last-wicket pair added 44 runs in 109 balls. The number of deliveries faced is the fifth-highest for a last-wicket stand for Australia (second-highest against India).

In Dhawan's absence, M Vijay, Cheteshwar Pujara, Virat Kohli and Tendulkar all made the handy scores required to win. At no stage did Australia appear likely to win the match, but equally they made no effort to cynically slow the game down. They face an uncertain team selection for the final match in Delhi due to Michael Clarke's tender back and the looming return of the vice-captain Shane Watson. 

For a time it appeared that India's target would be merely a token amount. Australia slid to 179 for 9 in their second innings, only Phillip Hughes and Brad Haddin offering any kind of prolonged resistance, but Mitchell Starc and Xavier Doherty then hung around for 18.1 overs and 44 runs. Starc's innings followed his admirable 99 on day three, while Doherty demonstrated his impressively correct technique for a No. 11. Their efforts put those of many of the batsmen to considerable shame - David Warner and Moises Henriques in particular. 

Before Starc and Doherty, Hughes and Haddin provided the only token barrier for India's bowlers. Hughes reached 69 before he was the victim of a questionable lbw shout and Haddin made 30 before he was undone by a perfectly pitched carrom ball from Ashwin, who now has 22 wickets for the series. After the back troubles that curtailed his contribution on day four, Clarke came out to bat at No. 6 but was still visibly restricted by the ailment. His dismissal was notable for a desperately tight call on whether or not Jadeja's foot had overstepped. 

In the morning, Hughes and Nathan Lyon had resumed with Australia still 16 runs short of making India bat again, and Lyon was snapped up, edging Ojha behind, before the deficit was wiped off. Clarke walked to the middle after plenty of back treatment but looked not much more limber for the sleepless night, struggling to use his feet and battling visibly to run between the wickets. 

Having made a swift start to his innings on the fourth evening against pace, Hughes again found himself becalmed against spin. In all he spent 35 balls on 53 before a top-edged sweep reaped a couple of runs, and he struggled noticeably to regain the momentum of the previous day. Nonetheless, Hughes fought hard, and it was his captain who fell next. 

Most of Clarke's 18 runs came from leg-side deflections, and his dismissal was to a delivery he attempted to work in that direction, only to nudge a thin edge onto pad and up to short leg. Clarke delayed his exit while the umpires checked on a no-ball, and despite scant evidence Jadeja had landed any of his foot behind the line, the dismissal was rubber stamped. 

A few minutes later Hughes was following Clarke, given lbw by Aleem Dar to a ball from Ashwin that pitched marginally in line with the stumps but did not straighten enough to be hitting them. It was a poor decision and a rum twist of fortune for Hughes, who had battled so hard after a dire series. Whatever the merits of the call, it now meant Australia's innings was swiftly deteriorating. 

Henriques and Siddle did not last long, though the latter at least struck a pair of solid blows before playing down the wrong line at an Ojha delivery that plucked off stump. Starc, Haddin and Doherty were left to attempt a salvage operation, but despite their best efforts far too much damage had been done earlier.

 

Coal India shares hit five-month low on govt stake sale plan



MUMBAI: Shares of Coal India, the world's largest coal miner by output, tumbled to a more than five-month low on Monday after sources said the government was planning to sell a 10 per cent stake in the company.

The government plans to sell the stake in the next fiscal year, which starts on April 1, although it has not finalised a time frame or method for the sale, said the sources, who declined to be identified because they are not authorised to speak to news media.

As of 12:30 p.m. (0700 GMT), Coal IndiaBSE -5.41 % shares were down 5.5 per cent at Rs 302.40 after falling as low as 299.95 rupees, their lowest since Oct. 5. The Economic Times, which first reported the news, said the government was "quickly pushing ahead" with the sale.

Coal India officials could not immediately be reached for comment.

At the current price, a 10 per cent sale in the company could fetch the government about $3.5 billion.

The stake sale would be part of the government's efforts to raise Rs 400 billion ($7.4 billion) in 2013/14 through stake sales in state companies to cut down on the fiscal deficit.

New Delhi has raised $4.1 billion from divestments so far this fiscal year, and could improve on that if a planned share auction in steelmaker SAILBSE -1.67 % goes ahead this month.

For the next fiscal year, the government's divestment plans include stake sales in top state refiner Indian OilBSE -2.24 % Corp and a follow-on public offer in Engineers India LtdBSE -4.83 %.

The Coal India sale may take place through a follow-on public offer or a share auction, but a decision will be taken later, said one of the sources. He said the actual offer may be months away as several related issues need to be resolved first.

UK-based shareholder The Children's Investment Fund has demanded the state miner raise coal prices to international levels, and issue higher dividends. It has filed lawsuits against the company and its directors.

Coal India is also expected to face resistance from workers' unions if the government decides to cut its stake in the company.

Coal India debuted on stock markets in 2010 after a record $3.4 billion initial public offering.

Watson returns to India tour


Shane Watson has committed himself to Australia's Test team for the long term and will rejoin the squad in India ahead of the fourth Test in Delhi. Watson was due to leave Sydney on Monday evening for the final Test of the series, which begins at the Feroz Shah Kotla on Friday, ending any further speculation about his plans after he flew out of Chanidgarh last week for the birth of his son, Will, and said at the time he would weigh up his future while at home.

Watson also said he had spoken a number of times over the past week to Pat Howard, Cricket Australia's general manager of team performance, and said they were now "on the same page" after they exchanged words publicly last week. Howard is also expected to arrive in Delhi ahead of the fourth Test this week.

When he left India having been told his wife Lee was likely to give birth earlier than expected, Watson said he would use his time at home to weigh up his cricket future and said that "there are a lot more important things in life". At the time, Watson had just been ruled out of the third Test in Chandigarh as one of the four players who failed to complete a task set by the coach Mickey Arthur, and he declared the punishment "very harsh".

 The issue was exacerbated when Howard said Watson was a team player "sometimes" and alluded to problems between Watson, the vice-captain, and Clarke. However, Watson and Clarke spoke on the phone when Watson arrived home and Clarke said the best-case scenario was Watson returning as vice-captain for the Delhi Test.

Watson said Howard did not know him well, and after the public words from both sides Howard offered to fly to Sydney to speak to Watson face to face to iron out any problems between them. Watson said the pair had spoken over the past week and ironed out their differences.

 "I've had several constructive discussions with team management back in Mohali over the past few days," Watson said. "We've spoken about how we are going to work together to move forward, as Australia attempts to climb back to the top of the ICC rankings. I've a burning ambition to be an Australian Test player for as long as I can be and help Australia win those big Test Series as well as the big ICC tournaments.

 "I have also had a number of chats with Pat Howard over the last week and we are both now on the same page and are really looking forward to working together to get Australia to be the best team in the world. I'm looking forward to getting around the boys again and concentrating on moving forward. I'm entirely committed to the team and being the best player I can be.

" Watson's return will create a selection issue after Steven Smith scored a highly impressive 92 in the first innings in Mohali and Phillip Hughes also fought through his spin problems to post 69 in the second innings. The possible permutations are further complicated by uncertainty over the fitness of the captain Michael Clarke, who struggled with back pain on the fourth day in Mohali and was hampered by the problem while batting on day five.

 Clarke has never missed a Test due to his ongoing back problems but the short turnaround between Tests will create a challenge for Australia's medical staff to ensure he is available. The team travels from Chandigarh to Delhi on Tuesday and then has two days of training before the Delhi Test. It is not outside the realms of possibility that Watson, the vice-captain, could lead the team in Delhi, which would be a remarkable turnaround after his comments a week ago.

 Regardless of the off-field issues, Australia also need a major improvement from Watson with the bat after he scored 28, 17, 23 and 9 during the first two Tests. Since becoming vice-captain in 2011, Watson has averaged only 25.20 with the bat and has not scored a century.

Understand Your PAN Card



Whether you are an Indian citizen or an NRI, if you are filing taxes or have financial transactions in India you will almost always need a PAN card.

 What is PAN?

 PAN Card A Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department of India. Each set of numbers is unique to the individual, HUF, company, etc. (We will take a closer look at those numbers in a moment.). PAN is a permanent number, is unaffected by a change of address, even between states and is not transferable. It is illegal to own more than one PAN.

 The PAN’s primary purpose is to bring a universal identification key factor that links and tracks various documents and information regarding taxes and financial transactions, such as loans, investments, buying and selling real estate and other business activities of taxpayers. By tracking the above it indirectly prevents tax evasion through non-intrusive means.

 You can consider this number to be similar to the Social Security Number issued in the United States to USA citizens and other legal residents.

Structure of the PAN

 The structure of the new series of PAN numbers is based using Phonetic Soundex code algorithm to ensure that each number is unique. The following list is “constant permanent parameters” that assist in the creation of phonetic PAN (PPAN) number:

 i. Full name of the taxpayer;
 ii. Date of Birth/Date of Incorporation
 iii. Status; iv. Gender in case of individuals; and
 v. Father’s name in case of individual (including in the cases of married ladies).

 The Date of Issue (DOI) of the PAN card can be found on the right hand side of the photo on your PAN card.

 The 10 Digit Alphanumerical Sequence 


 Let’s take a look at the breakdown of the 10 digit alphanumerical sequence:
 1. The first five fields are called the core fields and are alphabetical in nature.
 2. The first three letters of the core field are an alphabetical series running from AAA to ZZZ.
 3. The forth character of the PAN must be one of the following, depending on the type of assesse:
C – Company
P – Person
H — HUF (Hindu Undivided Family)
F — Firm
A — Association of Persons (AOP)
T — AOP (Trust)
B — Body of Individuals (BOI)
L — Local Authority J — Artificial Juridical Person
G — Govt
(Example – Company = AAACA; Artificial Juridical Person = AAAJA; HUF = AAAHA; etc.)

 4. The fifth character of the PAN is the first character of the following:
a) Your surname in the case of “P” or;
b) For all others you would use the first letter of the name of the Entity, Trust, Society, Organization,  HUF, etc.

 (Example - Lisa Chanamolu [Personal] = AAAPC4444A; Lisa Chanamolu [HUF] = AAAHL4444A; General Firm = AAAFG4444A; etc.)
 5. The next four numbers are sequential numbers running from 0001 to 9999.
6. The last digit is an alphabetic check digit.

The New Phonetic PAN (PPAN)


 The new Phonetic PAN (PPAN) helps to prevent the allotment of more than one PAN to assesses with the same or similar names. If a matching PPAN is detected, a warning is given to the user and a duplicate PPAN report is generated. In these cases, a new PAN can only be allotted if the Assessing Officer chooses to override the duplicate PPAN detection. Under this new system a unique PAN can be allotted to 17 crore taxpayers.

 Myths Regarding


 PAN Many people believe that PAN cards are used for tax purposes only. That is a myth. PAN numbers are required for the purpose of income tax but not the actual card itself. Photocopies of PAN cards are required as prove of identity in financial transactions such as opening a bank account, purchase and sale of property and motor vehicles, home telephone lines and investments, such as demat accounts and mutual funds, just to name a few.

I want my father to take rest now, says CA topper



“I want my father to retire and enjoy the rest of his life peacefully as I can now take care of him and the family,” said young Prema Jayakumar, daughter of an auto-rickshaw driver, here on Saturday. Prema hit the headlines recently by surmounting many odds to emerge as the topper in the 2012 All-India Chartered Accountancy Examination.
 Motivating other students like her, she said: “Nothing is impossible. Self-confidence, hard work and dedication are the keys to achieve success.

” Prema (25), who hails from Malad, Mumbai, was felicitated on Saturday with an award of Rs.1 lakh by Jyotrimoy School of Law, a private institute of the State.
  Speaking about her objective in life, Prema said: “My aim is to earn respect in every work I indulge myself in and to work with dedication and honesty.”

 Describing her examination result as a “lifetime achievement” for her, she said: “My success is not only due to my hard work but also due to the constant guidance and motivation from my parents and teachers.”
     Her father is a Class VIII dropout whereas her mother, who used to work as a domestic help until a few years ago, studied only until Class III. Despite a low family income and several hardships, they ensured that their daughter pursued higher studies.
    Topping the CA exam was a reward for her parents’ hard work, she said, since she and her brother had earned respect in the eyes of society for their parents. “As me and my brother are the first generation of our family to receive quality education, we have made our parents very proud,” she added.

Samsung Galaxy S4 available online for pre-order at Rs 59,990


Mumbai: It has been less than a week since the Samsung Galaxy S4 was officially unveiled to the world and the phone is only set to hit stores at the end of April. However, those itching to get their hands on one as soon as it's released will be happy to know that the Samsung flagship is now up for pre-order at Rediff Shopping.

 The website lists the phone on sale for a discounted Rs 59,990, which is a good Rs 5,000 less than what is supposedly the official price of the Galaxy S4. Now, that's putting it in iPhone territory. The listing says that the phone will start shipping in 45 days, which lines up with the end of April target that Samsung has set for the launch.

 At such an early stage, it is hard to know what the actual price of the phone is, but we think that the phone will definitely launch for less than that touted price, especially considering the leaked pricing in Europe. Amazon.de has the Galaxy S4 on pre-order for €649 (approximately Rs 45,000), with a 50 euro discount. Even taking into account the usual levies and excise duties that will be attached to the price on the India-bound handset, the price of Rs 59,990 seems stratospheric. We expect the phone to be priced under Rs 50,000 to better compete with the likes of the Sony Xperia Z and the soon-to-be-launched HTC One.

Agra: Girl student found stabbed to death in her college lab

Agra: A girl identified as Neha was found stabbed to death in her college laboratory in Agra. The girl, a resident of Delhi, and was doing PhD from Dayalbagh Educational Institute, Agra.
Police suspect the killer was known to her and was also aware of the college campus. The murder came to light when Neha's Alto car was found 3km away from her college. When police recovered her car and started to enquire about the vehicle, they came to know that it belonged to Neha, a student of Dayalbagh Educational Institute.
When police officials reached the institute, they found her body in the biotechnology lab. According to police officials, Neha was first stabbed with a knife and then several wounds were inflicted on her body by a surgical blade. Later the killer made her sketch on Neha's copy and took drove off in her Alto.

According to the police, the killer left her car 3km away from the institute. During investigation police found that the sketch of the body in Neha's copy had cut marks similar to that inflicted on her body.
On the fateful day Neha's mother had called up her daughter 3 times within one hour. All the calls were received by an unidentified man who told her that Neha had gone out. Police have registered a case and are searching for the absconding suspect.

Two men tried to abduct and rape a girl


New Delhi: Two men tried to abduct and rape a girl in Delhi's Aman Vihar area on Thursday night at around 11. In a bid to escape from her tormentors, the girl jumped from a moving car fracturing her leg which came under the car's wheels. She has been admitted to a hospital. The girl works as an accountant in Karol Bagh and had left her office at around 10 pm. She took a grameen sewa vehicle for her home in Mubarakpur but two men in a car pulled her from the auto and forcibly pushed her inside their vehicle. They then attempted to rape her and turning up the volume of the music. However, the girl bravely fended them off and jumped from the moving car. When the duo saw the girl jump off the car, they fled from the spot
.
The police have registered a case and are investigating the matter. A hunt has been launched to nab the absconding duo.