Welcome to HiHyderabad

Check Hyderabad Happenings at http://www.hihyderabad.com/






Welcome to HiHyderabad:

hyderabad,hyderabad real estate,hyderabad india,hotels in hyderabad,hyderabad airport,hyderabad news,hyderabad map,hyderabad apartments,hyderabad international airport,isb hyderabad,hyderabad bomb,hyderabad house,hyderabad blasts,hyderabad nawabs,gifts to hyderabad,hyderabad bomb blast,time in hyderabad,hyderabad city,state bank of hyderabad,hyderabad blast,flights to hyderabad,university of hyderabad,hyderabad hotels,hyderabad central,hyderabad blues,jobs in hyderabad,real estate in hyderabad,photos to hyderabad,greater hyderabad,weather hyderabad,hyderabad time,schools in hyderabad,hyderabad biryani,lanco hills hyderabad,iiit hyderabad,deccan chronicle hyderabad,hyderabad realestate,imax hyderabad,hyderabad nawab,jntu hyderabad,pvr hyderabad,hyderabad bomb blasts,hyderabad telephone directory,blast in hyderabad,hyderabad vacation,apartments in hyderabad,map of hyderabad,hyderabad bombing,hyderabad outer ring road,hyderabad ap,hyderabad online,bsnl hyderabad,new hyderabad airport,hyderabad yellow pages,bomb blast in hyderabad,time in hyderabad india,jewellers hyderabad,icfai hyderabad,osmania university hyderabad,hyderabad travel,hyderabad mms,hitech city hyderabad,hyderabad properties,flight to hyderabad,hyderabad public school,hyderabad flights,hyderabad andhra pradesh,madhapur hyderabad,infosys hyderabad,hyderabad pakistan,microsoft hyderabad,banjara hills hyderabad,lanco hyderabad,hyderabad com,bangalore to hyderabad,flowers to hyderabad,fab city hyderabad,resorts hyderabad,infotech hyderabad,houses in hyderabad,blasts in hyderabad,hyderabad shopping,taj krishna hyderabad,hyderabad university,international school hyderabad,hyderabad central university,hyderabad cheap flight,huda hyderabad,hyderabad classifieds,hyderabad in,hyderabad pin code,radio mirchi hyderabad,hyderabad property,local time in hyderabad,hyderabad population,hyderabad live,hyderabad to chennai,jobs hyderabad,builders in hyderabad,current time in hyderabad,nizam of hyderabad,weather in hyderabad,hyderabad bombings,builders hyderabad,hyderabad fm,chicago to hyderabad,travel agents in hyderabad,hyderabad cheap flights,mmts hyderabad,companies in hyderabad,kalanjali hyderabad,hyderabad times,resorts in hyderabad,iit hyderabad,tickets to hyderabad,hyderabad city map,hyderabad pincode,times of india hyderabad,delhi to hyderabad,hyderabad escorts,hyderabad flight,homes in hyderabad,properties in hyderabad,flights from hyderabad,hyderabad ring road,cheap flights to hyderabad,movies in hyderabad,jubilee hills hyderabad,hyderabad ap india,hyderabad local time,apollo hospital hyderabad,hyderabad telephone,kukatpally hyderabad,tcs hyderabad,hyderabad maps,hyderabad andhra pradesh india,green park hyderabad,lifestyle hyderabad,miyapur hyderabad,tmc hyderabad,shopping in hyderabad,hyderabad tourism,cakes to hyderabad,colleges in hyderabad,flats in hyderabad,hyderabad radio,ccmb hyderabad,hyderabad india map,ameerpet hyderabad,restaurants in hyderabad.

ISB ranks 20th on top global B-Schools list

HYDERABAD/ NEW DELHI: The Indian School of Business has found a mention among the top 20 global B-schools on a list released by a global media house. With barely 6 years in operation, the Hyderabad-based institute has been ranked No 20, on the annual MBA 2008 list ahead of its academic alliance partner, Kellogg School which has been ranked No 24. ISB is the first B-school from India, to have figured in the B-school league table.

“This is a landmark event for the ISB,” M Rammohan Rao, dean, ISB told ET. “This ranking is an important milestone in our journey to be an internationally top-ranked research-driven, and independent management institution that grooms leaders for the world.”

While none of the other elite management institutes in India including the IIMs have made it to the top 100 list, two B-schools from China have found a place ahead of ISB in the list at No 11 and 17. The ranking is calculated on the basis of 20 criteria covering specifics like career progress of graduates, diversity of the MBA experience, international mobility of alumni, ideas generation and research, among others. “The ranking would help us to attract more international students and visiting faculty. Besides, it will also have a positive impact on our students’ placement and research partnerships,” Ajit Rangnekar, deputy dean of ISB said.

Currently, 5% of ISB’s 423 students are from abroad and these include NRIs. ISB has about 25 permanent faculties and about 106 visiting faculty. The school is also ramping up its student intake from the present 423 to 560 in 2009.

From:Economic Times

Chiranjeevi's fans surrender, deny assaulting Rajasekhar

Telugu superstar Chiranjeevi's fans, who went berserk targeting actor Rajasekhar, surrendered before the police on January 29 but claimed that they did not assault the actor.

The fans, residents of Kukatpally in Hyderabad, gave themselves up before Punjagutta police, a day after the incident evoked widespread condemnation across the state including from the megastar himself.

Talking to reporters at the police station, Ganesh, one of the alleged attackers, said they followed Rajasekhar's car from Secunderabad railway station, where the actor disembarked from a train along with his wife and children, to seek an apology from him.

Ganesh claimed that they did not attack Rajasekhar and the actor himself hit a lorry at Punjagutta after driving his car in the wrong route in a state of panic.

The actor came under attack for allegedly insulting Chiranjeevi, who is said to be planning to join politics.

To a query, the alleged attackers said they chased Rajasekhar on their own and that there was none behind their action.

Asked whether they are registered fans of the superstar, they replied in the negative. Their lawyer said a bail petition would be as per the procedures of law.

Rajasekhar and his family members were allegedly attacked by Chiranjeevi's fans at Punjagutta on January 28 following the former's controversial remarks against the mega star.

Meanwhile, Rajasekhar's wife Jeevitha said the attackers should be brought to justice to ensure that such incidents did not recur. She sought a directive from Chiranjeevi to his fans not to indulge in acts of violence in future.

Condemning the incident, Chiranjeevi drove to Rajasekhar's residence and apologised to him in the presence of the media.

From rediff

Rajasekhar’s car stoned, daughters injured

HYDERABAD: Film actor Rajasekhar escaped an attack allegedly by megastar Chiranjeevi’s fans who stoned his car and broke the windows when he was returning home here early on Monday.

The attack took place when the actor was returning from a trip to Bhimavaram after disembarking from a train at Secunderabad. Dr. Rajasekhar who was driving a car was accompanied by wife Jeevitha and daughters Shivani and Shivanthika. The girls sustained injuries.

The attack was sparked off by Dr. Rajasekhar’s comments to a TV channel that he would not like to join the megastar’s proposed political party because the latter was ‘inexperienced’. Earlier, a group of fans also tried to enter the train compartment but was pushed away by security personnel of Minor Irrigation Minister Maganti Venkateswara Rao and MP V. Balashowrie, who were travelling in the same train.

Within hours of the attack, Chiranjeevi reached the actor’s residence in Jubilee Hills and waited for over an hour as Dr. Rajasekhar was at a live, phone-in programme organised by another TV channel in this connection. As soon as the actor returned home, the two actors were closeted for about half-an-hour, after which the two, with Ms. Jeevitha in tow, spoke to presspersons.

Message to fans


Chiranjeevi apologised to Dr. Rajasekhar for the attack. “In a democracy everybody has a right to speak. What Dr. Rajasekhar said was true as I am inexperienced in politics. You should not resort to such attacks especially when you say I am a disciplined person,” he said in a message to his fans. Dr. Rajasekhar said it was not his intent to make the megastar come to his house. He only wanted a message to be sent to Chiranjeevi’s fans that such violent reaction was not proper. He said he would seek police protection for his family. A steady stream of political leaders and bigwigs of the film industry called on Dr. Rajasekhar. They included Marketing Minister Botsa Satyanarayana, Greater Hyderabad Congress president Danam Nagender and MLC P. Sudhakar Reddy. Actor MP M. Mohan Babu and producer Bellamkonda Suresh also met Dr. Rajasekhar.

From Hindu

6 Ways to reduce your I-T burden

6 Ways to reduce your I-T burden

Chances are that if you are one of the salaried millions, you are at this point in time running around trying to put some of your money in tax shelters so that the government doesn't take all your savings away.

Some prefer to use the services of a chartered accountant to save as much tax as they can. Most people think an investment of Rs 1 lakh, under section 80C of the I-T Act, is the maximum possible.

However, with individual salaries zooming north and sources of income multiplying like never before, a bit more effort on the part of a taxpayer can reduce the tax burden considerably.

Many of you may have already submitted your tax declaration form-the declaration given to an employer stating all your tax-saving investments for that financial year. You still have time to make your investments by March end and claim your refund later while filing the tax return.

Here are six ways to be tax wise in 2008.

BUY A HOUSE

The best way to save on income tax is to buy a house on a loan. Not only do you get a tax deduction on the interest on the loan but part of the principal is also deductible. Real estate also appreciates in value, so buying a home could be a win-win situation.

"Even if you have the money to buy a house, it is worthwhile to buy a house on loan because you can put your money in a mutual fund and enjoy a tax-free income," says Subhash Lakhotia, a New Delhi-based tax consultant. "In addition, you would earn by capital appreciation of your property."

Benefits: Under section 24 of the I-T Act, a taxpayer is eligible for an annual deduction of Rs1.50 lakh on the interest component of the loan, if the accommodation is for the person who has availed of the loan.

In addition, section 80C covers deductions related to the repayment of the principal amount of the home loan, along with other tax-saving instruments such as the Public Provident Fund (PPF), National Saving Certificates (NSCs), equity-linked mutual funds, tax-saving bonds or unit-linked insurance plans (Ulips)-up to an overall limit of Rs1 lakh. In case such property is given on rent, the interest from the income will be tax-free.

So buying a house can save up to Rs75,000 in taxes, if you have not made any other investments under section 80C.

INVEST INCOME FROM LONG-TERM CAPITAL GAINS

Long-term capital gains from the sale of property can be tax-free if reinvested in any other homestead property or permissible securities such as bonds issued by National Highways Authority of India, Rural Electrification Corp. Ltd or other such organizations.

The period of holding of the asset determines whether the gain is short term or longterm. Short-term capital gains arise on transfer of assets such as shares, mutual funds or other listed securities, which are held by the assessee for a period not exceeding 12 months (36 months for other assets). Long-term capital gains ariseif the assessee holds assets such as shares, mutual funds or other listed securities for a period exceeding 12 months (36 months in the case of other assets).

In the case of other assets, including a residential house and landed properties, long-term capital gain is taxed at 20% in addition to surcharge and education cess as applicable, while short-term capital gain attracts the normal tax rates.

Long-term capital gain arising out of transfer of shares, securities and mutual funds is exempt from income tax, provided securities transaction tax has been paid on such transfers. But where such gain is short-term, it would attract tax of 10% in addition to surcharge and education cess.

Benefits: To avoid paying tax on long-term capital gains, section 54 says that one has to buy a residential property within one year before the sale, or within two years after the sale. If a new house is to be constructed, section 54 grants three years' time from the sale of the property for long-term capital gain to be exempted from tax, subject to fulfillment of certain conditions, says K.H. Viswanathan, executive director of Astute Consulting and Business Services Pvt. Ltd, a Mumbai-based accounting and consulting firm.

ALWAYS COMPARE NET YIELD AFTER TAX

Before signing up for any investment plan, be sure to first calculate the net yield after tax. Sometimes, high interest rates can be a misleading indicator because the income generated at the end of the tenure might not be tax free.

Benefits: Consider this. While income generated form bank deposits (9%) is taxable for investors, it is tax-free for Public Provident Fund investors (8%). Similarly, income from National Savings Certificates is chargeable to tax that can reduce your net yield considerably.

PLAN YOUR SALARY AND PERQUISITES

Many organizations give employees the option to plan staff salary and perquisites. With a little tweaking, the salary structure can reduce the tax burden and enhance take-home pay.

Benefits: Inclusion of tax-free allowances can reduce your tax bill. Some of the partly or fully tax-free allowances include house rent allowance (in case rent is paid), conveyance allowance, which is exempt up to Rs800 per month, leave travel allowance, which is exempted once in two years, medical reimbursement, which is exempt up to Rs15,000 per year. But while structuring your salary, be careful to include only those allowances which are in accordance with your job profile.

EXPLORE OTHER TAX ENTITIES

Experts say you can reduce tax substantially if other members of your family file an I-T return too, because this helps in the segregation of your income.

Benefits: If you already own a house in which you live, you can buy a second house in the names of those family members who do not own homestead property. This is a useful option considering the amount of deduction a home loan can get. Investing in commercial property, however, has no tax advantages.

GIVE GIFTS

Gifts to relatives (spouses, brothers or sisters, brothers or sisters of a spouse, brothers or sisters of either of the parents, or direct blood relatives) are tax exempt.

Benefits: In case of gifted assets, the income earned from such gifted assets shall not be taxable in the hands of the donor except in the case of a gift given to a spouse or son's wife.

From Yahoo India News

Kumble bags 600th wicket as Australia collapse

Anil Kumble became the third bowler to capture 600 test wickets as India snatched an unexpected 118-run lead over Australia, bowling them out for 212 on the second day of the third test on Thursday.

The Indian skipper picked up two wickets to join Muttiah Muralitharan and Shane Warne as the only bowlers to take 600 test victims on a day when Australia's batting lineup wilted on a baking hot day at the WACA.

Leftarm paceman Rudra Pratap Singh collected four wickets after a superb display of fast bowling while Irfan Pathan and teenage paceman Ishant Sharma grabbed two apiece.

Australia, who won the first two matches in the series to equal their own world record of 16 consecutive test wins, looked to have gained the upper hand when they quickly polished off the Indian innings for 330 in the morning session.

Mitchell Johnson and Stuart Clark combined to knock off the last four Indian wickets for just two runs in 17 deliveries, but Australia's own batting collapsed as the temperature climbed to 41 degrees Celcius.

The Australians lost their first three wickets before the total had passed 13, then their last five for 47. Only Andrew Symonds (66) and Adam Gilchrist (55) saved them from complete disaster.

Indian wicketkeeper Mahendra Singh Dhoni had five catches, including four off RP Singh, and had a hand in another, deflecting a catch off Symonds to Rahul Dravid at slip that gave Kumble his 600th wicket.

Pathan, playing his first match of the series after replacing Harbhajan Singh, triggered the Australian collapse when he dismissed openers Chris Rogers and Phil Jaques in the same over before lunch, then Sharma took the vital wickets of Ricky Ponting and Michael Clarke in the middle session.



DRAMATIC EVENTS

RP Singh chipped in to remove dangerman Mike Hussey for a duck before Symonds and Gilchrist steadied the innings with a 102-run sixth wicket partnership off 84 balls before the tail crumbled.

The dramatic events of the day seemed unlikely when India made a bright but eventful start after resuming on 297-6, adding 33 without loss in the first hour.

But the match suddenly burst to life when Clark trapped Dhoni lbw for 19 with a ball that straightened up and hit above the knee roll and looked to be sailing over the bails.

Johnson dismissed Pathan for 28 when he struck him on the pads with a full toss in the next over, then Clark removed Kumble for one off the next ball, caught at point by debutant Rogers.

Johnson finished off the innings by dismissing RP Singh for a duck, caught in the gully by Hussey, leaving Sharma stranded without making a run.

Rogers, making his debut after Matthew Hayden succumbed to a hamstring problem, was trapped lbw by Pathan for four even though the ball looked to be drifting past leg stump.

Fellow opener Jaques departed two balls later, caught at second slip by Vangipurappu Laxman for eight.

Hussey registered his first duck in test cricket when he edged RP Singh behind as the Indian seamers put Australia's batsmen under pressure after lunch, extracting plenty of movement both in the air and off the pitch.

Microsoft developing software to monitor staff's productivity and well-being

Sydney, January 18 (ANI): Microsoft is developing software that may help employers to monitor the productivity, competence and physical well-being of employees while sitting at a distance.

The software will even reveal when an employee is stressed or frustrated by reading his/her heartbeat and facial expressions.

A patent application filed by the company reveals that the whole process will be based on a computer system that links workers to their computers through wireless sensors that measures their metabolism.

The system will be able to measure workers' heart rate, body temperature, brain signals, movement, facial expression and blood pressure.

However, civil liberties groups and privacy lawyers are criticising this project, voicing concerns that it may lead to employees' dismissal on the basis of a computers assessment of their physiological state.

"Imposing this level of intrusion on employees could only be justified in exceptional circumstances," the Sydney Morning Herald quoted Britain's Information Commissioners Office as telling The Times.

Microsoft, which does not generally comment on the progress of its projects, has said in a statement that the use of hear beat data is only an example of the type of monitoring that their software may facilitate.

"This particular patent application, in general, describes an innovation aimed at improving activity-monitoring systems and uses the monitoring of user heart rate as an example of the kind of physical state that could be monitored to detect when users need assistance with their activities, and to offer assistance by putting them in touch with other users who may be able to help," said Horacio Gutierrez, Microsoft's vice president of intellectual property and licensing.

"It is important to keep in mind that with most organisations in the business of innovation, some of our patent applications reflect inventions that are currently present in our products, and other applications represent innovations being developed for potential future use," Gutierrez added.

The US Patent Office had confirmed that the application was published last month, 18 months after being filed. Patent lawyers say that it could be granted within a year. (ANI)

HCL unveils cheapest laptop, eyes intl market now

New Delhi: HCL claims to have done to computing what the Tatas have done to automobiles.

At Rs 14, 000, HCL Infosystems has launched what we are told is the world's cheapest laptop.

Aptly called MiLeap, the laptop is miles ahead of competition in both cost and size.

The no frills version of the MiLeap series costs a rupee less than 14,000 and the one with bells and whistles costs Rs 10,000 more.

Like the Tatas, the company says it worked backward to arrive at the fig of Rs 14,000, which is at least Rs 5,000 cheaper than its nearest competitor.

"We have shrunk the product to reduce the cost of the product. And we have said that we will make it in seven-inch form factor," says Chairman %26 CEO, HCL Infosystems, Ajai Chowdhry

This machine will hit the stores on January 26. While the company has not given any sales outlook, its hoping that this destructive product, will take its share international laptop market, well over the current seven per cent.

TCS Q3 net up 19% at Rs 1,327 cr

Tata Consultancy Services [Get Quote] (TCS) on Wednesday posted a 19 per cent increase in consolidated net profit at Rs 1,326.67 crore (Rs 13.27 billion) for the third quarter ended December 31, 2007 when compared with Rs 1,116.10 crore (Rs 11.16 billion) in Q3 FY07.

According to a release issued to the BSE on Wednesday, the total income increased to Rs 6,041.98 crore (Rs 60.41 billion) from Rs 4,910.53 crore (Rs 49.10 billion) in Q3 FY07.

The board of directors on Wednesday declared a third interim dividend of Rs 3 per share of Re 1 each. The company added 54 new clients and 7,522 employees joined the company during the quarter ended December 31, 2007.

Commenting on the performance, chief executive officer S Ramadorai said: "Our diversified business model continues to sustain the growth momentum despite several external challenges. There is growth momentum across geographies with contributions from all business units."

TRS’ ultimatum on Telangana issue

HYDERABAD: Stepping up the pressure on the statehood demand, the Telangana Rashtra Samithi (TRS) on Wednesday set March 6 deadline for the UPA government to begin the process and threatened mass resignations of its representatives if the Centre failed to respond.
"All our MPs, MLAs and MLCs will submit their resignations on March 6 if the government fails

to begin the process for carving out Telangana state. This is the last chance for Congress to prove its sincerity," TRS founder- president and MP K Chandrasekhar Rao said here.
The TRS, which had pulled out of the UPA in September 2006 protesting delay in creation of the separate state, has four MPs, 16 MLAs and 3 MLCs.
"After resignations, we will take the issue to the people and organize a 'bus yatra' across the region to expose the betrayal by the Congress," Rao, who represents Karimnagar Lok Sabha constituency, said.
Accusing the Congress of dilly-dallying over the Telangana issue despite making an 'unambiguous promise' before the 2004 elections, he said, "We want the Prime Minister to clearly state the official position and start the process for formation of Telangana. Enough is enough."
The TRS move comes in the backdrop of increasing pressure from Telangana protagonists within the ruling Congress on creation of a new state, an issue that is expected to be a major factor in the next elections, about 15 months away.

IT parks in 7 cities planned

HYDERABAD: Apart from IT parks, institutions of excellence, research laboratories and townships will be set up in Visakhapatnam, Vijayawada, Tirupati, Kurnool, Guntur, Warangal and Nellore, on the lines of those developed here.
This decision was taken by Chief Minister Y. S. Rajasekhara Reddy here on Saturday while reviewing the projects/works being executed to develop and further modernise Hyderabad and other urban areas.
He approved plans to construct world class townships around the city, as sought by HUDA. The plans aim at developing Hyderabad as world class city with air links within the country and outside, but also with important district headquarters.
A sum of Rs. 28,000 crore is to be spent in the next few years through the Greater Hyderabad Municipal Corporation, HUDA and Hyderabad Metro Water Supply & Sewerage Board to change the face of the city. The Chief Minister spoke of the need to provide residential/recreational facilities, schools and hospitals close to Hitec City and other software companies at Madhapur

Hyderabad Software,Education,News,Business,Real Estate,Cinema,Secunderabad updates,Cyberabad Software News at Hihyderabad.blogspot.com

Welcome to Hyderabad:
The city of Hyderabad is an historic city noted for its many monuments, temples, churches, mosques, and bazaars. A multitude of influences has shaped the character of the city in the last 400 years.The city is changing its role and outlook as part of the booming service industry revolution, and is trying to preserve and popularize its history.