News

IndianExpress: The Cooperative Commissioner of Maharashtra has dismissed the board of Shree Suvarna Sahakari Bank and appointed an administrator to look after the day-to-day functioning of the bank.

Earlier, on Thursday, the Reserve Bank of India (RBI) had placed the cooperative bank under a moratorium.

‘‘The administrator has been appointed under Section 110 A(3) of the Cooperative Act,’’ said Anil Diggikar, Cooperative Commissioner, Maharashtra. The RBI decision meant that the plans of Cosmos Cooperative Bank’s to acquire Shree Suvarna Sahakari Bank has hit a roadblock. ‘‘Cosmos Bank will now have to approach the department with a fresh proposal,’’ he added.

IndianExpress:  Even as party leaders are yet to clear their stand on implementation of ‘no-hawkers zone’ programme of the Pune Municipal Corporation, Municipal Commissioner Nitin Kareer on Friday said that the implementation of the policy would continue and priority would be given to the most congested roads.

Kareer’s statement came after the Congress, which was so far opposing the implementation demanding rehabilitation of hawkers first, changed its stance saying that action should be taken against unauthorised hawkers at ‘worst-affected’ chowks and roads.

IndianExpress: Neelkanth Karandikar, a 55-year-old cardiologist, was seriously injured when he was attacked with sharp weapons by two unidentified men, who visited his clinic in Mukundnagar area, posing themselves as patient on Thursday night.

This is second attack on Karandikar in the last one year. On September 25, 2004, Karandikar’s was shot at by unidentified people, while returning home from Shukrawar Peth area. The police could not ascertain the identities of the assailants, but Karandikar was provided security for some days after the attack.

IndianExpress: The crime branch sleuths on Friday, claimed that they have solved 16 serious crimes, including an attack on a police officer and five dacoities, after arresting a nine-member gang. The police also claimed to have recovered stolen booty estimated to be worth over Rs 16 lakh from those arrested.

The gang, led by Ramtekdi resident, Jalindar Singh Ajit Singh Kalyani, was operating in Pune, Thane, Navi Mumbai and Nashik districts, since April this year, Additional Commissioner of Police (Crime) Rajendra Singh said.
 

IndianExpress: Protesting the hike in fees, students of the Maharashtra Academy of Engineering (MAE), Alandi, took to the streets on Friday with a ‘Bheek Maango Aandolan’ on Fergusson College Road.

Parading along the road, ‘‘begging’’ for money, the students expressed their inability to shell out the fees of Rs 76,700. And this time, the police were cooperative in the eofforts, allowing the students to walk along the road as long as they did not assemble at one place. The rally, which started at 10.30 am, dispersed at 2 pm and proceeded to the Maharashtra Institute of Technology (MIT) campus at Kothrud, where students met the Founder-President Vishwanath Karad.

TechTree: Microsoft has unveiled its Zune digital music player with a 3-inch screen, a built-in FM tuner, and wireless capability to let users discover new music and exchange songs and photos.

The device, which comes in white, black, and brown, is expected to be available in a 30GB version this Christmas, in competition with Apple’s iPod. However, the pricing and exact date of release have not yet been announced.

The company says that the player, which will hold around 7,500 songs; 25,000 pictures; or 100 hours of video; is all about making connections.

TechTree: SanDisk has announced the 4GB miniSDHC (high capacity) flash memory card for mobile phones, which the company claims is the highest capacity card in the industry today.

The 4GB miniSDHC card will provide faster speed and larger capacity that is required to support storage-intensive applications such as digital imaging, music and video record or playback functions, television and videogames.

In addition, the 4GB capacity can store more than 2,000 high-resolution pictures, more than 1,000 digital songs, or up to 8 hours of MPEG 4 video.

News.com: AIM Pro Business Edition (PBE), launched on Thursday, is an IM service aimed at business users who need tighter security and management than traditionally available in consumer products.

Corporate IM systems do exist. However, the makers of AIM PBE said that, unlike other products, their service does not require a dedicated local server, but is hosted online. That makes it more flexible to manage and deploy, they claimed.

“There is a reason enterprise-grade IM (EIM) software hasn’t taken off: Companies simply don’t want to buy and maintain complex IM servers. Instant messaging belongs on the Web,” said David Knight, vice president of messaging solutions at WebEx.

TechTree: Yahoo! has reportedly introduced the new beta version of the Yahoo! Mail service, making it available to users in USA as well as 18 other countries, including India.

The highlights of the new Yahoo! Mail beta include a sleek, easy-to-use interface, with the speed and responsiveness of a desktop application. The new Mail features innovative online calendar integration and maps, and provides a fast, efficient experience with enhanced functionality, such as drag and drop e-mail organization, message preview, and an integrated RSS reader.

And, like the current Yahoo! Mail experience, the new version is a free, browser-based service, accessible from virtually any computer connected to the Internet, without the need for a software download.