NRI hotelier wins Community Award

LONDON: Britain’s leading NRI hotelier Joginder Sangar has been presented the Community Award in recognition of his outstanding philanthropic work in the UK.

At a ceremony held in the House of Commons, Rev Jesse Jackson, well known African American civil rights leader presented the award to Sangar.

He described Sangar as a “gentleman who has devoted much of his time to fundraising and philanthropic work with success.”

Accepting the award, Sangar said he was “humbled and honoured”. “I only did what everyone is expected to do,” he added.

Sangar, who had started business with a small travel agency in East London in 1965, has managed to build up a number of businesses including 5 star hotels, properties, travel agencies and Life Insurance Company and is now Chairman of Mast Craft Ltd.

As Vice Chairman of the Bharatiya Vidya Bhavan, Sangar is instrumental in raising over a million pounds for building the new building for the Bhavan.

He also played a key role in raising funds for constructing the largest Hindu temple in the UK for Lord Venkateswara (Balaji) in Tividale near Birmingham.

Buy Balaji Tele, Target Rs 57: Nirmal Bang

Nirmal Bang Research is bullish on Balaji Telefilms and maintained ‘Buy’ rating on the stock to achieve a target between Rs 51-57 within 1-5 days.

Traders can buy the stock with a stop loss of Rs 35.

Shares of the company, on Wednesday (April 08), closed at Rs 39.70 on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 10.02 and 4.12 respectively. The share price has seen a 52-week high of Rs 221.70 and a low of Rs 24.80 on BSE.

Huge volumes witnessed in last couple of days, so buy the stock and hold, if it maintains above 44, a big move is expected.

In Jan 2009, Balaji Telefilms` creative head Ekta Kapoor rejects plans to start her individual channel or obtain stakes in a subsisting Hindi General Entertainment Channel.

Describing broadcasting as a chancy business mainly after the slump, the she said that presently she was contented being just a TV producer.

Based in Mumbai, Balaji Telefilms is a production house promoted by Tusshar Kapoor, Jeetendra, Shobha Kapoor and Ekta Kapoor.

It has made lots of well-known serials in India and has turned the leading TV production house in South Asia, Southeast Asia and the Middle East.

The recent downfall of the company took place in 2008 – 2009 period when popular Balaji serials were either scrapped, called off or shut shop making Balaji, a popular production house, an ordinary production house with no more than a few soaps in hand while newer production houses have started to dominate the television industry sadly.

Hamilton Test: India bundle out Kiwis for 279, score 29 for 0

Hamilton (New Zealand), Mar.18 (ANI): India was 29 without loss in their first innings in reply to New Zealand’s 279 at stumps on day one of the first cricket test at Hamilton’s Seddon Park today.

Virender Sehwag (22) and Gautam Gambhir (6) safely negotiated the seven overs available before stumps, the Waikato Times reported.

Captain Daniel Vettori top scored for his side with 118 – his third test century – while Jesse Ryder brought up his maiden test ton the ball before his dismissal for 102 ended the innings.

Ishant Sharma was the leading Indian bowler with four for 73 from 19.2 overs.

Ryder had a few nervous moments on 98 as number 11 batsman Chris Martin had to bat out five balls from spinner Harbhajan Singh.

However, in the next over Ryder promptly hit the first ball for four to bring up his maiden test ton.

He was out next ball for 102, but together with Vettori’s 118, New Zealand salvaged a horror first morning to end on 279.

After being sent into bat and going to lunch teetering at 61 for six, skipper Vettori and Ryder added an unbeaten 185 for the seventh wicket getting New Zealand to 246 midway through the final session of the opening day before Vettori was out for 118 with Ryder 77 not out.

Their batting through the afternoon was in complete contrast to the efforts of the top order.

Following Vettori’s demise the Black Caps lost Kyle Mills for a first-ball duck making New Zealand 246 for eight, then Iain O’Brien almost saw Ryder through to his ton but was out for eight with Ryder on 98.

The opening session totally vindicated Indian captain Mahendra Singh Dhoni’s late change of heart over whether to bat or bowl after winning the toss.

India’s players had been expecting to bat first if Dhoni won the toss but he instead inserted New Zealand, reasoning there could be some early assistance for his pace attack.

Vettori did admit he would have batted had he won the toss.

New Zealand have recalled experienced pace bowler Chris Martin after he was dropped for the drawn series against the West Indies in December.

Kyle Mills passed a fitness test on a shoulder early today meaning uncapped right armer Brent Arnel has been omitted.

India have opted for Munaf Patel as their third seamer ahead of Lakshmipathy Balaji and the uncapped Dhawal Kulkarni.

The three match series continues in Napier on March 26-30 while the final test is in Wellington between April 3-7. (ANI)

Upbeat India targeting Test redemption

Auckland (New Zealand), Mar.16 (ANI): The Indian cricket team will look to alter its far from satisfactory Test record in New Zealand when the first Test gets underway in Hamilton from Wednesday.

Having already won their first one-day cricket series on New Zealand soil, their upgraded squad is now confidently seeking to right another imbalance in the Test arena.

Until Virender Sehwag’s century powered India to victory at Hamilton last week, India had not won an ODI series here in six attempts harking back to the mid 1970s.

Their record in Tests makes equally grim reading – five fruitless journeys since the class of 1967-68 triumphed 3-1.

The current tour party, reinforced by batting luminaries Rahul Dravid and V V S Laxman, promise to pose a tough proposition on wickets unlikely to be as treacherous as during their 0-2 series loss in 2002-03, reports the NZPA.

India’s batsmen have already prospered against the cream of New Zealand’s bowling apart from James Franklin, and possibly Chris Martin.

And with Dravid already acclimatised thanks to a century as a ring-in for Canterbury, impressive tyro Suresh Raina should not be missed.

Laxman, opener Murali Vijay plus bowlers Lakshmipathy Balaji, Dhawal Kulkarni and Amit Mishra will also join the squad as the ODI specialists head home.

Captain Mahendra Singh Dhoni welcomed the test players merging into an already buoyant squad who are at least publicly unaffected by the emphatic defeat in the dead rubber yesterday.

“It’s not about what you have done, it’s about starting from scratch again,” Dhoni said.

“In tests you need good consistent cricket over a period of time, not just one session.”

India seem in tune with that philosophy.

They have lost just two of their last seven series – a sequence that sees them ranked third in the International Cricket Council’s test rankings. (ANI)

Indian Test cricket stars to get warm-up games in New Zealand

Wellington, Mar.2 (ANI): Six Indian Test specialists will get match practice over the next fortnight to prepare themselves for playing conditions in New Zealand.

Four first-class sides in New Zealand will have an Indian player for the next round of the State Championship on Friday, and two not.

The two other Indians will play the following week, for yet-to-be-determined teams.

To most people, that constitutes an uneven playing field, not to mention an undermining of the competition, but there were no complaints last night.

Vaughan had planned to release all the details today, only for Indian team manager Niranjan Shah to jump the gun.

But the mild-mannered NZC boss wasn’t complaining and neither was he admitting that India were playing the bullyboy with all their demands.

“If we had insisted the major associations take out their overseas players to accommodate the Indian players then you could accuse us of dancing to India’s tune but they did not do that,” Vaughan said.

“We said we only have four spots available because we have two sides with overseas players and they were happy to make do with that.”

The human side of Vaughan admitted that it was “eerily spooky” that Auckland happened to be playing Northern in the next round so the playing field remained level.

With the help of John Wright who has consulted the provincial chief executives, the Indian test specialists have been allocated as follows: VVS Laxman to Otago, who host Wellington, who get paceman Laxmipathi Balaji; and Rahul Dravid to Canterbury, who host Central Districts (legspinner Amit Mishra).

Wellington chief executive Gavin Larsen said his preference would have been for the Indians to get match practice away from the State Championship but he realized it couldn’t happen.

He also realised Vaughan had promised the Indians a quality buildup for agreeing to a third test. (ANI)

Tamil Nadu’s Balaji replaces injured Munaf for Sri Lanka tour

Chennai/Colombo, Feb.2 (ANI): Tamil Nadu and South Zone fast bowler Laxmipathy Balaji has been recalled to the Indian team. He will replace Munaf Patel in the squad that is playing an ODI series in Sri Lanka.

Munaf sustained a groin injury and was forced to return home after the second ODI.

A cricinfo report said that Balaji last played for India in an ODI in 2005 in Sri Lanka before a stress fracture forced him out of the game.

He returned to first-class cricket this season after a back surgery and a remodelled action. He was instrumental in taking Tamil Nadu into the semi-finals with 36 wickets from seven games at 17.50. His comeback to cricket started in the first season of the IPL, where his 11 wickets in nine games for Chennai Super Kings included a hat-trick.

Munaf, who will head to the National Cricket Academy in Bangalore for rehabilitation, had an MRI scan done on Sunday, which revealed the injury. “He won’t be fit anyway till February 8 so we are not taking any chances and are sending him back,” Prakash Dixit, the Indian team manager, said. (ANI)

Star and Jupiter announce JV focusing on South Indian audience

Building up the first serious challenge to Sun TV’s dominance in the southern cable television market, News Corp’s Star India Pvt. Ltd and Bangalore-based entrepreneur Rajeev Chandrasekhar announced a joint venture (JV) on Friday, for enhancing viewing experience of audience in South India.

Though the terms of the deal were not disclosed, Star will hold a majority stake in the JV – named ‘Star Jupiter Entertainment Television Ltd’ – which will also pick up a majority stake in Chandrasekhar’s Asianet Communications Ltd which currently broadcasts general entertainment channels (GECs) in Kannada, Telugu and Malayalam. Star’s existing channel in Tamil Nadu – Vijay TV – will now be part of the new JV.

However, Asianet’s news channels and radio business, which operates 24-hour news channels in Malayalam and Kannada, will remain outside the JV with STAR – and under complete ownership of Chandrasekhar’s Jupiter Entertainment.

For Star, the new deal replaces its partnership with content producer ‘Balaji Telefilms Ltd’, under which the duo had announced the launch of several regional channels primarily focusing on the south India market.

In a joint company statement, Star CEO Paul Aiello said: “This is a game-changing partnership for Star. By adding the South Indian channels to our extensive portfolio of Hindi and regional language channels, Star takes a big step towards becoming a truly national broadcaster in India.”