Mumbai Blasts Being Studied

A top official says that investigators are examining forensic evidence and footage from closed circuit televisions for clues about the triple bomb blasts that shook India's business hub of Mumbai and killed 17.
Chief Minister Prithviraj Chavan told CNN-IBN news channel on Friday that investigators had collected evidence such as blood samples and explosive materials from the bombing sites and were also analyzing security footage for more clues into the attacks.
No one has claimed responsibility for Wednesday's attacks and investigators have named no immediate suspects.
The bombings were the worst terror attack in Mumbai since a 2008 siege in which 166 people were killed over three days.
'Mumbai, Thane and other parts of the state are teeming with migrants from Uttar Pradesh, Bihar and illegal Bangladeshis. Unless the government checks the influx of migrants, such acts of terror will not stop,' he said at a press conference here.
Thackeray said the migrants are indulging in all types of criminal activities, ranging from rapes to murders, and many such cases have been exposed in the past few days.
Elaborating on his theory, he said there is absolutely no monitoring of how many migrants come to Mumbai daily, who they are, where they come from, where they live in Mumbai, what is their business and where all they go.
'We have blamed police and intelligence enough in all these years, now it is time to check on the migrants. They come and occupy every vacant space of land belonging to the central, state or civic authorities. 40,000 hutments are constructed on Mumbai's drinking water pipelines. Later, they are pampered as vote-banks and given free flats. What is being done about all this?' Thackeray said.
Demanding a check on each migrant who enters Maharashtra from different entry points, he said that today nobody knows whether the migrants are carrying vegetables or bombs in their baskets.
'They blatantly enter Mumbai, live on railway platforms or footpaths and there is no check on them. After every terror attack, the names of ISI (Pakistan spy agency Inter-Services Intelligence), (terror outfits) LeT (Lashkar-e-Taiba), IM (Indian Mujahideen) and others are thrown up, but who provides them the local logistical support?' he asked.
Thackeray then asked a media person whether he knew where the kitchen of Taj Mahal Hotel is situated. When the media person said he did not, Thackeray said even he did not know - but Kasab, the Pakistani terrorist caught alive in the 28/11 attack, was aware of it.

Fukushima Children To Receive Radiation Meters

Radiation meters will be distributed to about 34,000 children living in the largest city near the tsunami-damaged Fukushima Dai-ichi nuclear plant to monitor their exposure levels, a city official said Tuesday.
The decision to hand out the meters comes amid growing concern over the safety of children as the nuclear crisis at the Fukushima plant drags on, posing potential long-term health risks.
The devices, called dosimeters, will be distributed in September to children between the ages of four and 15 living in Fukushima city, which has recorded relatively high radiation levels since a massive March 11 earthquake and tsunami severely damaged the nuclear plant.
Dosimeters have already been supplied to area schools but not to each student, according to city official Koichi Kato. Other towns in the area have begun similar measures, but Fukushima's plan is the largest to date.
"We intend to continue the program for about three months," Kato said. "We are still considering whether to expand it further to include other residents."
Fukushima city, where about 300,000 people live, is 45 miles (60 kilometers) from the nuclear facility.
The government has established a 12-mile (20-kilometer) "no-go" zone around the plant, and a further 6-mile (10-kilometer) ring outside of that in which residents — particularly pregnant women and children — have been instructed to take special precautions and be prepared to evacuate.
Some 80,000 people have been forced from their homes by the crisis, leaving nearby towns almost completely empty. Many children from those towns are now going to classes in or around Fukushima city.
Because Fukushima city is outside the area that has been officially designated as too dangerous to live in, schools, businesses and government offices continue to operate as usual.
But health concerns remain high in Fukushima despite government assurances that exposure levels appear to be within acceptable limits.
Children are particularly vulnerable to the effects of radiation, so parents and some private groups have demanded stronger measures to protect them.
Schools have responded by limiting the amount of time children are allowed to play outside or in swimming pools, and many extracurricular sports programs have been moved into covered gymnasiums.
Still, the Fukushima plan is seen as insufficient by several groups leading a petition campaign to lower the acceptable exposure level for children from 20 millisieverts per year — the same level as adults — to 1 millisievert per year.
Twenty millisieverts of radiation is roughly equivalent to the exposure a person would receive from an X-ray.
"The meters don't protect children from radiation, they simply measure exposure after a certain amount of time," said Aileen Mioko Smith of Green Action, a private group involved in the petition. "Children should be moved out of areas where radiation levels are high, not used as guinea pigs."

Sensex Down

The BSE benchmark Sensex dropped by 134 points in early trade today due to fresh selling pressure in realty, banking, auto and metal stocks amid weak Asian cues. Profit-booking by speculators after two sessions of gains also dragged the Sensex down. Banking stocks, which posted handsome gains in the recent rally, fell on profit-booking. The 30-share Sensex resumed lower at 18,425.85 and declined further to 18,390.57 before quoting at 18,475.20 points at 1015 hours, showing a net loss of 133.61, or 0.72 per cent, from its last close. The NSE 50-share Nifty also fell by 42.90 points, or 0.77 per cent, to 5,549.10 at 1015 hours from its previous close. The major losers in early trade were ICICI Bank (down 2.77 per cent), Tata Motors (2.67 per cent), M&M (2.17 per cent), DLF (1.82 per cent), Maruti Suzuki (1.72 per cent) and Jaiprakash Associates (1.68 per cent). In addition, the cautious approach adopted by investors ahead of the release of food inflation data later today also dampened the sentiment, traders said. Asian stocks dropped earlier today after weak US data raised questions about future demand for Asian exports as well as the likely trajectory of economic growth.

3i Infotech Sells Billing

Global information technology company 3i Infotech Limited has signed an agreement to sell its US-based Global Billing and Payments unit, consisting of Regulus Group and J&B Software, to an affiliate of Cerberus Capital Management LP for USD 137 million (Rs 617 crore). 3i Infotech acquired J&B Software in 2007 and Regulus Group in 2008, and the companies were integrated to form the Global Billing & Payments unit of 3i Infotech, according to a company statement. The transaction is expected to close within the next 60 days, subject to customary closing conditions and any regulatory approvals. "The divestment reduces the leverage and strengthens the balance sheet of 3i Infotech," said 3i Infotech Managing Director & Global CEO V Srinivasan. "This enables 3i Infotech to go back to its roots as a significant IT products and services player while at the same time allowing the billing and payments unit to be acquired by an organisation interested in growing it as an independent company." Cerberus Managing Director and spokesperson Tim Price said: "Cerberus has the financial resources and operational expertise to help this business build additional value through operating efficiencies and growth. As a standalone entity, the company will continue to focus on delivering the best products and highest quality services to its clients." "We are looking forward to partnering with Cerberus on the next stage of our company''s growth," said Kathy Hamburger, the Chief Executive Officer and President of the US-based Global Billing and Payments division. Cerberus Capital Management is a private investment firm with USD 23 billion of capital under management. Shares of 3i Infotech were trading at Rs 50.35 in early trade on the BSE, up 0.70 per cent from the previous close.

Fearless Awards

Ash, Kareena, Priyanka in run for fun, fearless award Bollywood beauties Aishwarya Rai, Kareena Kapoor and Priyanka Chopra are in the run for Cosmopolitan Magazine's fun, fearless awards, to be held in Mumbai Saturday. The three actresses are competing in Fun, Fearless Female All Time Reader's Choice Award this year. Other categories include - Fun, Fearless Power Couple award, for which the nominees are - Kareena Kapoor-Saif Ali Khan; Hrithik Roshan-Sussanne Khan and Arbaaz Khan-Malaika Arora Khan. There is also a Fun, Fearless Male 2010 Reader's Choice Award, and Ranbir Kapoor, Shahid Kapoor, Salman Khan, and Arjun Rampal are competing for the title in this category. The event, in its third edition now, takes place annually in India, Britain and the US. 'The Fun, Fearless Female Awards is a cult, one-of-its-kind event that celebrates all that's iconic of the Cosmo woman - her attitude, drive, and the never-say-never spirit,' Nandini Bhalla, editor of Cosmopolitan, said in a press statement. The organisers are expecting a star-studded turnout at the event Saturday at the Taj Land's End, Mumbai. 'The response has been tremendous - from readers, Bollywood favourites, and the industry. The Fun Fearless Awards are a pat on the back to women (and some special men) from different areas of life-acting, music, theatre, and more. 'Last year's awards saw a great turnout - Shah Rukh Khan, Deepika Padukone, Katrina Kaif, and more. And this year's awards promise to be bigger, better, and more Cosmo than ever,' said Mala Sekhri, chief operating officer, Lifestyle Magazines, India Today Group.

Aarushi Murder Case

Pulling up CBI for its "highly disappointing" move of filing a closure report in the Aarushi Talwar murder case, the special CBI Court held that "visible evidence" could not not be ignored in making her parents accused and to stand trial in the case. Special Judicial Magistrate Preeti Singh relied on a number of statements of the witnesses and entries in the case diary to come to the conclusion that Rajesh and Nupur Talwar should be put on trial for the murder of their daughter and servant Hemraj more than two years ago. Rapping the CBI for filing the closure report, the court said in its 21-page order that "in the light of all the circumstantial evidence and witnesses in the case diary, it was expected that the investigator should have filed the chargesheet against Dr Rajesh and Nupur Talwar. "In such a case where the incident has happened inside home, visible evidence cannot be ignored." The court appeared to have taken serious note of the statement of Dr Sunil Kumar Dhore, who had conducted the post-mortern of the teenager. His statement referred to an incident in which Dinesh Talwar, brother of Rajesh, handed over to him a mobile phone saying Dr Dogra (AIIMS specialist on post mortems) was on the line through whom Dhore was asked to pick up samples among others. "I (Dhore) said ''don''t worry. Whatever is important will be taken," Dhore had said. The court said "The witness (Dr Dhore) said he did not find any external injury marks or any self-defence evidence. But vaginal opening was large. White discharge was found in the vaginal cavity and no injury was found near her private parts. Both the deceased have similar injury on the neck and it has been done by a person who is surgically trained." The Judge also said the injury was V-shaped which can be inflicted by the golf stick, as suggested by the CBI in the closure report. The Court also observed that there was circumstantial evidence pointing out that Aarushi''s private parts were cleaned. It came to the conclusion after the investigation of all the above-mentioned witnesses and evidence registered on the case diary, "prima facie it appears when the incident took place there were four people present in the house-- Dr Rajesh Talwar, Dr Nupur Talwar, Aarushi and Hemraj, out of which, two, Aarushi and Hemraj were found dead."

Technology Research

Technology Research Corp. (TRCI) said it received an unsolicited indication of interest from Coleman Cable Inc. (CCIX) to acquire the company in a deal valued at $38 million. Technology Research shares were up 32% at $5.16 in recent trading, while Coleman shares fell 2 cents to $6.70. Coleman, a maker of wire and cable products, is offering $5.50 a share, a 41% premium to Friday's closing price. From April through August, Coleman acquired 323,710 shares of Technology Research's stock in a series of open market transactions. Technology Research has about 6.9 million shares outstanding. Technology Research's board adopted a two-year shareholder rights plan, or poison pill, an effort typically used to ward off unwanted takeovers. The pill would go into effect if a person or group acquires a stake of at least 15% in the electrical-safety products company. The board also is reviewing the proposal, according to its filing with the Securities and Exchange Commission. Later Tuesday, Coleman President and Chief Executive Gary Yetman said his company had engaged Technology Research's board "on a number of occasions." He said Coleman was disappointed the board adopted a poison pill "to block a transaction that is clearly friendly to its shareholders." Coleman first proposed an offer price of $5 to $5.50 a share last month, but earlier this month received word from Technology Research that it wasn't interested in discussing the proposal. Technology Research in November reported its fiscal second-quarter earnings slumped 74% amid sharply lower margins and a 30% increase in overhead costs. Revenue fell 4.7%, mostly on lower revenue at its military segment amid order and program delays and prior-year heavy deliveries to its largest military customer. Meanwhile, Coleman reported in November its third-quarter earnings nearly quadrupled amid stronger margins and its net sales jumped 40%, though it issued cautious fourth-quarter guidance amid rising copper prices.

Valuable Pointers

You should understand that day trading is not a body of knowledge or a science for that matter. Rather, it is an art which requires your skills in maneuvering things and some carefully laid out strategies to keep things going for the better. Yes, there may be profound techniques on how to better handle day trading and which came earlier than the time that you have decided to participate in the same craft but of course, you should also set yourself apart from the common day traders.
There is the necessity for you to come up with your very own style. More so, there is no standardized strategy to pursue day trading so you may push through with whatever technique that you find suited to you.
Here are some of the most relevant questions that you need to ponder on which will surely help you define your original strategies in trading.
How much time do you devote to trading stocks?
How long have you been involved in trading? Are you a regular or an occasional trader? Which way do you prefer to push through with trading?
Honestly, the time which you are willing to spend for trading matters.
You surely know that the marketplace can be a real threat at times. The prices may untimely rise and fall. Thus, the quantity of time that you are willing to devote for this is one of the many crucial considerations that you must face. It is important that you decide on your availability. The more time you have, the better. This is for the reason that you need to watch out the conditions of the market when you intend to sell your stocks.
How can you pinpoint the rightful stocks to trade?
As mentioned above, trading is an art. Hence, you need to identify the most possible stocks that are worth to trade. Take time to research and analyze the technicalities of the task. You can take tutorials from live seminars, cd-rom packages, online forums, newsletters, and webinars.
What are the factors that you must look into as you plan your trade?
Whatever type of stock it is that you have decided to trade, what matters most is that you aim for three factors. They are an aimed-at entry price, an exit price, and the stop loss. You need to consider the current selling price of the stocks in the market. Likewise, you should not keep your stocks for too long or you are going to put your profit gains at a risk.
How should you face the possibility of losing in day trading?
Not all of the traders succeed in their craft. You must remember that.
Everyone can be on the losing end. Naturally, you will be downtrodden when you fail in your trading endeavor but instead of sulking, you better pick up the pieces of your lost confidence and think positively. Win back whatever it is that you have lost. Move on and try to do better.
After all, the business world makes it clear that not everyone ends up a winner.
It is time that you define your visions in day trading and come up with an effective strategy with which you will be most comfortable to work with.