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RCom surprises with 33% profit decline

Written By Unknown on August 2, 2013 | 8/02/2013

Continuing its downtrend for the fourth consecutive quarter, Reliance Communications (RCom), the country’s fourth largest telecom operator, reported a 33.33% drop in its first quarter (Q1, April-June) net profit at Rs 108 crore.

That surprised analysts who expected RCom to report a significantly higher Q1 profit.

Such expectations arose as the company’s stock recovered sharply in the last couple of months on the back of two mega deals with Reliance Jio Infocomm (Jio) worth Rs 13,200 crore in all (which, some sources said, would be completed by this fiscal-end).

Some RCom sources attributed the fall in Q1 net profit to rupee depreciation and external market conditions.

RCom’s total income rose marginally to Rs 5,315 crore from Rs 5,264 crore in Q1 of last fiscal on the back of a pick-up in GSM and data revenues, the company’s focus areas.

RCom’s Q1 operational cash flow touched Rs 1,701 crore, ensuring the firm remained cash flow-positive.

At  Rs 4,816 crore, non-voice revenues were up 4.1% on-quarter, the highest in the industry; and their share of total revenues was also up at 21.3% from 21% in Q1 of last fiscal, thanks to industry-leading growth in data customers who numbered 3.11 crore (including 77 lakh 3G customers, up from 72 lakh in the previous quarter).

Gurdeep Singh, CEO and president of RCom’s wireless business, said the share of GSM data revenues was also up at 67% from 64% in the previous quarter. However, GSM and CDMA voice revenues declined to 78.7% from 81%. “We expect GSM + non-voice revenues to grow by 80% in the next 3-4 quarters,” Singh said.

RCom reported 45.7 paise in revenue per minute or RPM, up 4% from 44 paise, the highest in the industry, thanks to pricing rationalisation in terms of headline tariff increase and cutback in promotional offers. Wireless Ebitda or operating profit grew 6.6% on-quarter to Rs 1,314 crore, the third highest quarterly growth in wireless business for RCom after 13 straight quarters of decline. RCom’s net debt at last fiscal-end stood at $7 billion.  According to some sources, RCom’s third deal with Jio for an intra-city fibre network is expected to be closed within the current quarter or latest in the next.

Source: http://tinyurl.com/ntasuks

Berggruen plans 75 hotels by 2016

Berggruen Hotels, a six-year-old hospitality firm, plans to have a total of 75 hotels by 2016 from its earlier target of 40 hotels.

The new hotels to be launched by the company backed by New York-based investment firm Berggruen Holdings would be through a mix of owned, managed and franchise routes.

It currently has a guestroom inventory of over 1,300 across 14 operational hotels, of which six are owned and rest management contracts.

Sanjay Sethi, MD and CEO, Berggruen Hotels, said, “Seventy-five hotels will give us a total guestroom inventory of 6,600 across key metros, mini-metros and leisure destinations. We currently have 21 hotels under various stages of development, of which six (including two owned) will open in this fiscal. We will have one hotel getting operational every five weeks in the next eight months.”

He said the company is targeting a revenue of  Rs 410 crore for fiscal 2016 and Rs 135 crore for the current one. It is expecting operating profit of Rs 45 crore for this fiscal.

Berggruen Holdings, which had committed equity of $75 million at the time of inception of the hospitality firm in September 2006, has invested $62 million so far.

An additional Rs 135 crore through debt funding has been pumped in as well.

On further investment by Berggruen Holdings, Sethi said, “They are not averse to the idea, but new investments will be very opportunistic in nature and will be done on a need-to-do basis.”

A majority of the new hotels will be targeted at the mid-market segment under the Keys Hotels brand.

The company on Thursday added a new upscale hotel brand ‘Keys Klub’, which will largely cater to the top management personnels in the corporate world.

These hotels will come up in metros including Pune, Mumbai, NCR, Chennai, Kolkata, Jaipur, Ahmedabad and Hyderabad.

Berggruen, which plans to enter luxury segment in the future, is negotiating a land parcel to construct its own greenfield Keys Klub branded hotel in Mumbai, details of which were not disclosed.

“Discussions are currently on for 4-5 properties and our first Keys Klub hotel under management contract should hit the market in the next 10-12 days. Each Keys Klub property will have a guestroom inventory of over 100 and room size will be upwards of 275 square feet. The per-room development cost in these projects will be Rs 45 lakh excluding land cost,” said Sethi.

The first Keys Klub is likely to come up in Pune with guestroom pricing in Rs 4,000-6,000 range.

Source: http://tinyurl.com/lp824yb

Spain’s jobless figure drops 5th month in a row

Madrid, August 2 (AP/UNB) – Spain’s Labor Ministry says the number of people registered as unemployed dropped for a fifth consecutive month in July as the busy summer tourist season continued to create jobs.

The ministry said Friday the total number of people registered as jobless fell by 64,866 last month to a rounded total of 4.69 million – giving it an unemployment rate of 26.3 percent.

It said the last time Spain registered five consecutive monthly reductions was in 2007, just prior to the start of the economic crisis.

The ministry added that the drop in July’s unemployment figures was more than double the reduction posted in same month 2012.

The government claims two years of austerity measures and reforms are starting to work and predicts Spain’s recession will end this year.

Source: http://tinyurl.com/mc9r5aj

Chinese court rules against J&J in monopoly suit

Beijing, August 2 (AP/UNB) – A Chinese court has ordered American medical products supplier Johnson & Johnson to pay damages to a former distributor in a case brought under the country’s anti-monopoly law.

The ruling by a Shanghai court expands use of the 5-year-old anti-monopoly law and comes amid a flurry of investigations of possible price-fixing and other misconduct by global companies.

The court ruled Johnson & Johnson hurt its distributor by setting minimum retail prices for surgical sutures and causing the Chinese company to lose some potential sales. The court said Johnson & Johnson was guilty of a “vertical monopoly” and awarded damages of 530,00 yuan ($85,000).
Phone calls to Johnson & Johnson’s offices in Beijing and Shanghai were not answered.

Source: http://tinyurl.com/mmnpfhc

Sikh son first saw father at dad’s US funeral

Oak Creek, August 2 (AP/UNB) – Gurvinder Singh approached his father’s open coffin with one thought: “Please, god, it’s not my dad.”

As he stepped closer, he realized the man was indeed the father he knew only from photographs. The 14-year-old stood numbly, not crying until officials wheeled the coffin toward a hearse. Then the teenager collapsed in tears, inconsolable, telling his mother he wanted to die in the same flames that would cremate his father.

Ranjit Singh left his family behind in India in 1997, to work as a priest at the Sikh Temple of Wisconsin. He always planned to visit Gurvinder, his only son, whom he last saw as a 7-month-old. But last August, two months before the father was to go home for the first time in nearly 14 years, Singh and five others were fatally shot by a white supremacist at the temple. The gunman’s motive still eludes police.

With the anniversary of that day approaching, Gurvinder recently sat in the same temple, down the hallway from where his father was killed, and recounted the few memories he has of the man he knew only from daily but brief phone calls.

“I’ve never seen my dad. I just saw him dead,” Gurvinder said softly, shaking his head. “Whenever I look at someone’s dad holding him I can’t see that. It’s hard to see.”

Gurvinder, now 15, is quiet and soft-spoken. But he’s quick to smile at people he’s meeting for the first time. He’s also eager to help out at the Oak Creek temple, carrying in boxes of groceries and keeping common areas clean.

He spends nearly every day at the temple. Wherever he goes he’s reminded of the father he never met, from memorial portraits of all six victims that now adorn the lobby, to the bedroom his father called home. He also has a tattoo on the back of his left hand – the same tattoo his father had – of Punjabi characters that say, “One god.”

But he pauses daily at one place: a single bullet hole, about the size of a dime, in the door jamb leading to the main temple. Temple officials left the hole unrepaired as an eternal reminder, affixing a tiny plaque below it with the date of the shooting and the words, “We Are One.”

Gurvinder said it’s not difficult to spend so much time around where his father died. He said death can come at any time to any person, and he leaves it to God to take him or anyone else whenever it’s time.

Still there’s angst – especially about the shooter who eventually killed himself after he was wounded by a police sniper the morning of Aug. 5, 2012. Gurvinder understands that as a Sikh, his religion teaches forgiveness and peace.

But if the gunman were alive, “I would kill him. I don’t speak anything to him – I just shoot him,” Gurvinder said. He added that a therapist he’s been seeing for a year has helped him deal with his anger.

Gurvinder was sitting at home in New Delhi last year when a cousin told him there had been a shooting at the Wisconsin temple where his father worked. Even as he phoned his mother and two sisters, Gurvinder refused to believe his father was hurt.

“I wasn’t really believing it,” he said. “I kept telling my mother, `No, that’s not him.”‘

Then the victims’ identities were confirmed. With the FBI easing the visa process, Gurvinder and his family rushed to the U.S. to attend the funeral. When they arrived one of the first things Gurvinder saw was the pair of black shoes he had asked his father to send him in India.

A few days later he saw his father lying in the coffin. Ranjit Singh appeared to be sleeping, and he looked exactly as he did in the photographs he frequently sent back home. Gurvinder gazed at his father in silence for 10 to 15 minutes before he felt his legs give way.

He and his family had packed for a two-month trip to America, but once they arrived, Sikh friends advised them to stay. The U.S. Department of Justice has helped extend their visas, and Gurvinder has been attending public school. He just finished ninth grade.

He hopes to stay in the U.S. permanently, going to college and eventually opening up his own business.

Gurvinder and his father spoke by phone daily for about five minutes. They would talk about their lives, and occasionally Ranjit Singh would ask what his son wanted from the U.S. Gurvinder would reply that all he wanted was for his father to come home.

Singh would apologize and make vague promises about coming home. But last year he promised to return in October for Diwali, the Indian festival of lights. Gurvinder had just one goal: to take his father to a secluded place and ask why he left. But it never happened.

Despite the pain the memory of his father inspires him. He says he wants to grow up to be such a good person that people say, “Yes, that’s Ranjit Singh’s son.”

Source: http://tinyurl.com/nxvjw9m

Bringing Eid smile to underprivileged children

Barisal, Aug 2 (UNB)- Out of a philanthropic gesture, Lal-Sabuj, the only monthly children-juvenile magazine in the region, has lunched a programme titled ‘Eider Hasi’ (Eid Smile) to collect money to purchase Eid outfits for the street children in Barisal.

Shahidul Alam, deputy commissioner (DC) of Barisal, and Altaf Mahmud Shikdar, acting mayor of Barisal City Corporation, inaugurated the programme by placing donations in a sealed box on Wednesday.

Tahsin Uddin, editor of Lal-Sabuj, said they will move with the box door to door to collect fund to buy Eid attires for the street children to make their celebration of the festival joyful.

Anyone can donate money in the box and can also contact them over mobile phone number- 01835135138 to give aid to the Lal-Sabuj volunteers, the editor added.

Collected donations would be spent for purchasing new clothes to be distributed among the street children before Eid-ul-Fitr.

Tahsin also said the key of the transparent box would be kept with the DC and it will be opened after the end of the fund collection.

Source: http://tinyurl.com/koap9jt

Babies given away live on air in talk show

ISLAMABAD: Pakistani television is screening what many call its most controversial content yet in a ruthless quest for ratings: a talk-show host who gives away babies live on air.
Aamir Liaquat Hussain, a bespectacled 41-year-old with a neatly trimmed beard, gave away two abandoned infant girls to childless families last month and plans to give away a baby boy this week.

"If we didn't find this baby, a cat or a dog would have eaten it," Hussain proclaimed during one broadcast, before presenting a tiny girl wrapped in pink and red to her new parents. The audience erupted with applause.
Hussain is one of Pakistan's most popular talk-show hosts. During his marathon broadcasts he cooks, interviews clerics and celebrities, entertains children and hosts game shows.
He usually gives prizes like motorbikes, mobile phones and land deeds to audience members who answer questions about Islam.
But at the beginning of the holy month of Ramazan, when television stations battle fiercely for ratings, Hussain astonished Pakistan when he presented two families with babies.
"We were told that we had passed all the interviews and had been selected to adopt a baby," said Riazuddin, 40, an engineer. "We got our baby on live TV." The abandoned babies were rescued by the Chhipa Welfare Association, a aid organisation.
"In a day or two, the next baby will be given away, God willing," its head, Ramzan Chhipa, told Reuters on Thursday.

While the Chhipa teams scour the garbage dumps and other sites for discarded newborns, Hussain is also appealing for babies directly.
"If any family cannot afford to bring up their new born baby due to poverty or illness then instead of killing them, they should hand over the baby to Dr Aamir," a notice on his website reads. The children would be given to deserving couples on air, the notice said. The show's producers did not return Reuters calls seeking comment. It was not clear if poor families wishing to keep their children would also be helped.
Many Pakistanis expressed disgust that abandoned babies were being given away in what they see as an attempt to boost ratings. Chhipa insisted thousands of people wanted a baby and all potential parents were properly vetted. The true outrage, he said, was the poverty forcing families to abandon children.
Hussain's show is one of many such broadcasts. The Pakistani media has flourished over the past decade or so following the liberalisation of the industry, particularly broadcasting, after decades of tight state control.
Now, instead of battling state restrictions, presenters fight for audiences and advertising by seeing who is most outrageous.
Recent episodes include a female anchor stalking couples in a park to challenge their morality, and a news programme which once ran a live broadcast showing a staff member bleeding to death in an operating theatre after he was shot in a riot.
Even among this company, Hussain stands out. In 2008, he hosted scholars who called for the deaths of Ahmadis. Within a day, two prominent Ahmadis had been shot dead.
The year before, he had to resign from his post as junior minister for religious affairs after denouncing author Salman Rushdie for blasphemy, a crime punished by death in Pakistan. Since then, his university degree has been exposed as a fake and a video showing him making crude jokes with clerics between takes of his show has leaked onto YouTube. "There is nothing they won't do to get viewers," said comedian Sami Shah. "If I was a cynic, I'd say this can only end badly. But since I'm a realist, I'll say it's already ended terribly."

Source: http://tinyurl.com/kvyc2as

Contempt Notice: Imran Khan sticks to his guns 02 August, 2013

ISLAMABAD: Pakistan Tahreek-e-Insaaf (PTI) chief Imran Khan on Thursday said that he would not back down from his words regarding the ECP and SC's role in rigging the May 11 general elections.

Talking to a private TV channel, he announced he will appear in person before the Supreme Court (SC) today (Friday) after being summoned for remarks against the court.

A three-member SC bench headed by Chief Justice Iftikhar Muhammad Chaudhry would resume hearing into contempt of court notice against PTI chief.He blatantly refused to apologise on what he had said earlier even if he had to go to jail or was barred from contesting future elections.

"I am fighting for democracy in Pakistan and will continue to fight for democracy", he resolved.The PTI chief said that SC had made a blunder as it sent notice to him, adding he was disappointed at the court's decision.

Imran Khan criticised the role of the judiciary and the Election Commission of Pakistan (ECP) while addressing a press conference on July 26.Khan will be accompanied by his lawyer Hamid Khan and senior party leaders.

Earlier,Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Thursday had a detailed round of consultations with Justice (retd) Wajihuddin and lawyer Hamid Khan on the eve of his appearance before the Supreme Court Friday in connection with the contempt notice.

PTI sources told that the details of the consultation were secret but insisted, going by the style of Imran, he would not tender an apology."Imran will try to explain his views on the recently-held general election, the presidential election and his contention for holding a thorough investigation into the alleged rigging during the electoral process on May 11," sources maintained.

A select group of PTI leaders that could include Makhdoom Javed Hashmi and Makhddom Shah Mehmood Qureshi may accompany the party chairman in the apex court. After appearing before the apex court, Imran is expected to leave for Peshawar to have a detailed interaction with Khyber Pakhtunkhwa Chief Minister Pervaiz Khattak and other provincial government functionaries.

PTI-led government in the terror-devastated province has faced the worst ever set-back when 248 terrorists were taken away from Dera Ismail Khan Jail during over two-hour operation, without facing hardly any resistance.

When asked should not the PTI-led government accept its failure in avoiding the worst ever incident in the province, the party's information secretary Dr Shireen Mazari conceded that the provincial government would have to take the responsibility but insisted it was also an intelligence and police failure, which could not learn from the Bannu Jail attack last year.

Dr Mazari, an expert on security matters, said that it was regrettable that the authorities failed to learn from the Bannu Jail incident. "Had the previous government conducted investigation into it and punished the erring persons, DI Khan attack would not have happened," she noted.

She noted that the newly-installed provincial government had not reshuffled or changed the police set-up left behind by the Awami National Party government. "So much so the police chief was not changed so far," she said. She dispelled the impression that the incident was pre-planned and aimed at facilitating release of terrorists from the jail.Dr Mazari noted Imran had been vocal against those who play with human lives from day one.

NNI adds: Hamid Khan will represent Imran Khan in the SC. Chief Justice Iftikhar Muhammad Chaudhry had served Imran contempt notice on his remarks about judiciary's role in May 11 parliamentary elections.

Source: http://tinyurl.com/mjw5keo

Japan Finance Minister Under Fire for Nazi Comment

Japan’s Deputy Prime Minister and Finance Minister Taro Aso
TOKYO — Japanese Finance Minister Taro Aso has retracted comments suggesting Japan should follow the Nazi example of how to change the country’s constitution, following protests by neighboring countries and human rights activists.
But on Friday, Aso said he stands by all his other remarks in the speech and refused to resign as cabinet minister or lawmaker. He also refused to offer an apology over the remark.
“I have no intention to step down,” Aso told reporters.
Aso drew outrage for saying Japan should learn from how the Nazi party stealthily changed Germany’s constitution before World War II before anyone realized it, and for suggesting that Japanese politicians should avoid controversy by making quiet visits to Tokyo’s Yasukuni war shrine.
Aso said Thursday that he was misunderstood and only meant to say that loud debate over whether Japan should change its postwar constitution, and other issues, is not helpful.
“It is very unfortunate and regrettable that my comment regarding the Nazi regime was misinterpreted,” Aso told reporters. “I would like to retract the remark.”
Aso, who is also deputy prime minister, made the comments about Nazi Germany during a speech Monday in Tokyo organized by an ultra-conservative group.
Critics of the ruling Liberal Democrats are uneasy over the party’s proposals for revising the US-inspired postwar constitution, in part to allow a higher profile for Japan’s military.
Japan and Nazi Germany were allies in World War II, when Japan occupied much of Asia and Germany much of Europe, where the racial supremacist Nazis oversaw the killings of an estimated 6 million Jews before the war ended in 1945 with their defeat. Japan’s history of military aggression, which included colonizing the Korean Peninsula before the war, is the reason its current constitution limits the role of the military.
According to a transcript of the speech published by the newspaper Asahi Shimbun, Aso decried the lack of support for revising Japan’s pacifist constitution among older Japanese, saying the Liberal Democrats had held quiet, extensive discussions about its proposals.
“I don’t want to see this done in the midst of an uproar,” Aso said, according to the transcript. Since revisions of the constitution may raise protests, “doing it quietly, just as in one day the Weimar constitution changed to the Nazi constitution, without anyone realizing it, why don’t we learn from that sort of tactic?”
Government spokesman Yoshihide Suga said that postwar Japan has consistently supported peace and human rights.
“Cabinet ministers should fully understand their role and make sure to avoid misleading remarks,” Suga said Friday. He said Aso has already retracted the Nazi comment and doesn’t have to resign.
Aso often speaks in a meandering style that has gotten him in trouble for off-the-cuff remarks in the past. He has apologized previously for accusing the elderly of being a burden on society, joking about people with Alzheimer’s disease, saying the ideal country would be one that attracts “the richest Jewish people,” and comparing the opposition Democratic Party of Japan to the Nazis.
On Thursday, Aso insisted that he was referring to the Nazis “as a bad example of a constitutional revision that was made without national understanding or discussion.”
“If you listen to the context, it is clear that I have a negative view of how the Weimar constitution got changed by the Nazi regime,” he said.
“This is a constitution for all,” Aso said. “I just don’t want [the revision] to be decided amid a ruckus.”
The Nazis’ rise to power in the early 1930s amid the economic crisis brought on by the Great Depression was facilitated by emergency decrees that circumvented the Weimar constitution. So was Adolph Hitler’s seizure of absolute power after he was made chancellor in 1933.
It was not a matter of revising but of abusing the constitution.
Opposition leaders condemned Aso’s remarks, saying they showed a lack of understanding of history and hurt Japan’s national interest. Some demanded Aso resign.
Aso’s comments “sounded like praise for Nazi actions and are totally incomprehensible,” said Akihiro Ohata, secretary general of the Democratic Party.
“Minister Aso’s ignorance about historical facts is so obvious,” said Seiji Mataichi, secretary general of the Social Democratic Party. “I also want to remind him that praising the Nazis is considered a crime in EU nations.”
The Simon Wiesenthal Center, a group dedicated to keeping alive the history of the Holocaust, urged Aso to “immediately clarify” his remarks.
“What ‘techniques’ from the Nazis’ governance are worth learning? How to stealthily cripple democracy?” Rabbi Abraham Cooper, associate dean of the Simon Wiesenthal Center, said in a statement.
“Has Vice Prime Minister Aso forgotten that Nazi Germany’s ascendancy to power quickly brought the world to the abyss and engulfed humanity in the untold horrors of World War II?”
In South Korea, Foreign Ministry spokesman Cho Tai-young said Aso’s remark “will obviously hurt many people.”
“I believe Japanese political leaders should be more careful with their words and behavior,” Cho said.
In China, which also suffered invasion and occupation by Japanese imperial troops before and during the war, Foreign Ministry spokesman Hong Lei said the comments showed that “Japan’s neighbors in Asia, and the international community, have to heighten their vigilance over the direction of Japan’s development.”
Hong also objected to Aso’s comments on visits to the Yasukuni Shrine, which commemorates Japan’s 2.3 million war dead, including 14 wartime leaders convicted of war crimes.
Aso urged lawmakers in his speech to visit the shrine at times other than the closely watched anniversary of the end of the war on Aug. 15 to avoid diplomatic flare-ups.
“We demand that Japan seriously contemplate history, remain committed to promises it made on historical issues, and take concrete actions to win the trust of its Asian neighbors and the international community,” Hong said.

Source: http://tinyurl.com/m86db93

Trade union blames Sri Lanka's Education Ministry for losses of millions to the sector


Aug 02, Colombo: A trade union affiliated to Sri Lanka's education sector says that irresponsible actions of the Education Ministry has resulted in losses amounting to hundreds of millions to the education sector.
The Ceylon Teacher Services Union (CTSU) says that an Education Ministry programme to provide computer equipment to 1,000 schools following the signing of a Rs. 572 million agreement has suddenly been scrapped.
CTSU General Secretary Mahinda Jayasinghe said the sudden scrapping of the programme has resulted in the education sector incurring a loss of over Rs. 500 million.
According to Jayasinghe, Education Ministry officials have been extremely irresponsible for not dealing with a reputed retailer to purchase computers for schools.
He explained that thousands of students are left without a way to pursue their IT studies, and a thousand schools had been supplied with substandard or broken computers due to the negligence of the Education Ministry.
The CTSU pointed out that in 2010, the Education Ministry had signed two agreements with Business Solutions Systems (Pvt) Ltd., a company based in Nugegoda and the company together with the ministry was working on a project to provide 5,000 computers to 1,000 schools island wide.
However, the company had provided substandard equipment and the programme has now come to a standstill.

Source: http://tinyurl.com/kuaz2ow

China to set up 4 coal-fired power plants at Gadani

GADANI: China has agreed to set up four coal-fired power plants at Gadani Power Corridor in Balochistan, Prime Minister Nawaz Sharif said on Thursday.
During his visit to the site of corridor, being named Gadani Power Park, the prime minister said the government of Pakistan would establish the first power plant at the park to attract local and foreign investors.
The park envisages establishment of eight coal-fired power plants with an aggregate capacity of 5,200MW, but the prime minister said he wanted this capacity to be enhanced to 6,600MW through 10 power plants.
He also ordered early implementation of different phases of the project, saying that the country could not afford to lose any time in view of the grave energy crisis.
The prime minister said the project would cost billions of dollars and would create economic and employment opportunities for the backward and far-flung region of Balochistan and Sindh.
"We will have to plan for the next 20 to 25 years to meet demands of 50,000MW of electricity. For this purpose, we will need four or five power parks like the one being established in Gadani," he said.
Nawaz said that a proposal was being considered for establishment of an LNG terminal at the power park.
The prime minister said the country produced 16,170MW of electricity on Wednesday which was "highest in the history of the country". However, he added, the demand has also increased and the gap remains at about 3,000 megawatts.
He also asked the Sindh chief minister to expedite work on utilisation of Thar Coal. He said that both mining and setting up of coal-fired plants should be undertaken simultaneously so that no time is wasted.
Nawaz said the proposed six-lane Lahore-Karachi motorway project would also help accelerate the pace of economic development in different areas of the country. Earlier talking to reporters during his visit to Mazar-e-Quaid in Karachi, the prime minister said the PML-N government respects mandate of all parties in order to put the country on path to progress and prosperity through collective efforts. The Sindh governor and chief minister accompanied the prime minister during the visit.
Nawaz said the country was facing several challenges such as terrorism and extremism "but it is encouraging that we are moving forward in a civilised manner".
Replying to a question, he said the government was not oblivious of security and law and order challenges in the country, including the situation in Karachi.
The prime minister said federal and provincial governments have already started discussions on formulating a strategy that would envisage establishment of a counterterrorism force and better policing to fight crimes.
To a question, the prime minister said Pakistan wanted good relations with India and was looking forward to promote business and trade the neighbouring country. However, he said every effort would be made to resolve all outstanding issues, including the longstanding Kashmir dispute.

Source: http://tinyurl.com/mv68gps

Bournvita revives the quiz

The show has persevered as one of the longest branded formats, despite hiccups and changes in the product's positioning over the years

For an entire generation of quiz afficionados, the original Kaun Banega Crorepati had been the Bournvita Quiz Contest or BQC. To wake up on a Sunday morning and watch quizmaster, Derek O'Brien fire questions at youngsters, in their uniforms representing their schools, had become a ritual for many in the nineties.
While many of its ardent fans would be surprised by its 40-year old heritage, some would remember its recent chequered past, of being taken off-air intermittently. This Sunday, viewers get to reconnect with the show, being relaunched on Colors.

Bournvita's brand association with the quiz format has had its share of setbacks (changing channel partners and discontinuity), but it is also one of the longest in the country.

The association started as a live quiz show in 1972, held in schools across cities. The very next year, it made its media debut. It was aired on the trusty All India Radio and enjoyed an innings of almost 20 years, conducted by Hamid Sayani and later, his brother, Ameen Sayani.

Narayan Sundararaman, category director - beverages, candy & gum, consumer insight and strategy, Mondelez International says, "BQC began as a means to contribute to the development of young minds, letting them compete in a healthy way."
The property had other facets too, such as athletics and painting competitions. However, it is only the quiz that has endured through the years.

In 1992, a little after the economic liberalisation, the brand got in step with India's increasing choice in media. The show transitioned from radio to satellite television.

Not always a clean sweep

BQC's TV journey began with ZEE TV, marking its longest spell on a channel, from 1992 to 2001. But it moved to Sony Entertainment Television in 2001. It continued till 2006, before going off the air. In 2011, it re-emerged on Colors but was discontinued after a year.

Speculation puts the split from ZEE TV down to either a fallout on monetary issues or a change in the channel's programming strategy. Whereas, in 2006-08, says Sundararaman, the brand dabbled in other properties such as The Bournvita Confidence Cham-pion and Confidence Academy, in line with its positioning that asked: 'Do you have Bournvita confidence?'

"We attempted to mould the brand into the world of kids and competition when our positioning was 'confidence'. We did that for a few years. But the second the positioning had to change, the property became less relevant," says Sundararaman. The Confidence properties marked the first time Bournvita attempted to align them with its positioning. BQC never saw such an influence.

Even though the brand's positioning changed over the years - from focusing on the goodness of growth, strength of both the mind and body (Tan ki shakti, man ki shakti) to its latest Tayyari jeet ki (In preparation for victory) - it never influenced BQC's format in any way.

Evolve in form
BQC's existence has been marked by organic growth. It has gone from being a 10-city show, covering 300 schools and 600 participants in 1994 to covering 100 cities, 5,000 schools and 30,000 participants. Just like its shift from radio to television, it is now on the omnipresent second screen of mobile devices with its own application.

Simplicity of form
How does a brand continue such a long association, despite hiccups? Sundararaman says the nature of the show defined its popularity: "It is knowledge-based, has one school competing against another, rather than individuals, heightening the emotional underpinnings of success for the participants as well as the viewers (connected to the competing schools). This universal insight is timeless."

Branding expert, Jagdeep Kapoor, CMD, Samsika Marketing Consultants, says, "There are a few key reasons for BQC's longevity. First, as a show, it holds an intellectual appeal for the young audience and an emotional connect for the parents. This bodes well with the Indian audience since we are predisposed to the pursuit of knowledge and excellence therein. It helps that the brand has restricted its presence mainly to the title. When you speak about intellect and a brain-over-brawn audience, it is better to be latent than blatant." But he adds that it is the spirit of winning in the series which has worked best for the brand, as it has always been implicit in Bournvita's positioning.

Harish Bijoor, CEO, Harish Bijoor Consults mentions, "With its constancy, it has established the natural associations between intelligence, knowledge and smartness with the brand."

BQC has been more consistent than seasonal sponsorships that are known to change, hampering the connect between a brand and its branded content. Changing sponsors of sports events, for example, do not let the consumer draw ever-lasting parallels between the brands and the sport, which Bournvita has been able to achieve.
The company claims its 2013 comeback was a result of requests on a social network for the show to be revived. Fans or branding need, whatever the trigger, one of the longest, branded content will go on air this weekend, keeping its date with a Sunday audience. 

Source: http://tinyurl.com/kw2bkxj

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