june 3 pages 27-40

14
INDO AMERICAN NEWS • FRIDAY, juNE 03, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM STOCKS • FINANCE • SOUTH ASIAN MARKETS • TECHNOLOGY IndoAmerican News Business Friday, June 03, 2011 www.indoamerican-news.com CONTINUED ON PAGE 30 RTL Group Teams up with Reliance Broadcast Network, Enters Indian Market BY ANUSHA SUBRAMANIAN NEW DELHI (Business Today): Bertelsmann AG, the European media conglomerate has made a foray into the Indian market with its RTL Group, one of Europe’s largest television broadcasters. Just like Viacom entered the country in 2007 in a joint venture with the Network18 Group, RTL Group has found its partner in Reliance Broadcast Network to launch thematic television channels in India through a 50:50 joint venture company. RTL Group joins the league along with the other large American media conglomerates such as Rupert Murdoch’s Star TV, Sony Entertainment Television, Time Warner, Turner International, Walt Disney, Viacom, CBS and Liberty Media whose businessess are spread into the country across television, films, internet, home and mobile entertainment, publishing and consumer products. Like every other international player in the Indian market, RTL Group’s perspective is no different. It’s the young Indian population that’s triggered their entry into India. Bertlesmann AG is actually not new to the Indian market. It already has a presence in India with its publishing company -Random House. It also set up its own BPO in India in the mid 2000 for outsourcing some aspects of the media business. Since then the European Media major has been scouting for opportunities in the broadcasting and entertainment space in India. Considering the fact that, RTL Group is fairly late into this market, it only makes sense that they do it with a local partner who understands the market and its mechanisms well. Today, the Indian television sector is dominated by foreign players who have grabbed larger share of the market. While it is still difficult to get a large toehold in the news business -- both print and television -- due to foreign direct investment (FDI) restrictions and caps, it has been relatively smooth sailing for Western players to establish a solid presence in the entertainment space. Apart from the fact that currently, India’s media and entertainment industry is expected to grow at a compounded annual growth rate of 14 per cent per annum through 2015 to reach Rs 1.3 trillion (1,30,000 crore), according to FICCI- KPMG report, John Nendick, the global head of media and entertainment practice at Ernst& Young opines that as the M&E industry in developed markets cope with the digital revolution and an economic downturn and stagnating growth rates, emerging markets offer an attractive alternative, driven by their fast-growing middle class and relative youth. Others note that while media companies recognised similar potential in China’s entertainment sector, they have retreated from that market and have begun to focus instead on India. Media officials still believe that Chinese audiences are more receptive to Western cultures-Sponge Bob square Pants was a big hit in China-but the problem in China is the issues with censorship, strict restrictions on foreign investment and the glacial pace of its bureaucracy. But, India is a fairly easy market in that sense. Also currently India is lucrative because of its growing importance in the global scenario. Media observers say that for players in this space, while India is one of the largest media consuming markets in the world; the size and scale of the industry is limited when compared to the global media and entertainment industry. But, India has many growth drivers in place in the years to come. Like for instance India is the only country

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Page 1: June 3 Pages 27-40

INDO AMERICAN NEWS • FRIDAY, juNE 03, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

27 Indo American News • Friday, june 03, 2011ONLINE EDITION: www.indoamerican-news.com

STOCKS • FINANCE • SOUTH ASIAN MARKETS • TECHNOLOGY

IndoAmerican News

BusinessFriday, June 03, 2011 www.indoamerican-news.com

continued on page 30

RTL Group Teams up with Reliance Broadcast Network, Enters Indian MarketBy AnushA suBrAmAniAn

NEW DELHI (Business Today): Bertelsmann AG, the European media conglomerate has made a foray into the Indian market with its RTL Group, one of Europe’s largest television broadcasters. Just like Viacom entered the country in 2007 in a joint venture with the Network18 Group, RTL Group has found its partner in Reliance Broadcast Network to launch thematic television channels in India through a 50:50 joint venture company.

RTL Group joins the league along with the other large American media conglomerates such as Rupert Murdoch’s Star TV, Sony Entertainment Television, Time Warner, Turner International, Walt Disney, Viacom, CBS and Liberty Media whose businessess are spread into the country across television, films, internet, home and mobile entertainment, publishing and consumer products.

Like every other international

player in the Indian market, RTL Group’s perspective is no different. It’s the young Indian population that’s triggered their entry into India.

Bertlesmann AG is actually not new to the Indian market. I t a l ready has a presence in India with its publishing company -Random House. It also set up i ts own BPO in India in the mid 2000 for outsourcing some aspects of the media business. Since then the European Media major has been scouting for opportunities in the broadcasting and entertainment space in India. Considering the fact that, RTL Group is fairly late into this market, it only makes sense that they do it with a local partner who understands the market and its

mechanisms well. Today, the Indian television

sector is dominated by foreign players who have grabbed larger

share of the market. While it is still difficult to get a large toehold in the news business -- both print and television -- due to foreign direct investment (FDI) restrictions and caps, it has been relatively smooth sailing for Western players

to establish a solid presence in the entertainment space.

Apart from the fact that currently, India’s media and entertainment industry is expected to grow at a

compounded annual growth rate of 14 per cent per annum through 2015 to reach Rs 1.3 trillion (1,30,000 crore), according to FICCI-KPMG report, John Nendick, the global h e a d o f m e d i a and entertainment practice at Ernst& Young opines that as the M&E industry in developed markets cope with the digital

revolution and an economic downturn and stagnating growth rates, emerging markets offer an attractive alternative, driven by their fast-growing middle class and relative youth.

Others note that while media

companies recognised similar potential in China’s entertainment sector, they have retreated from that market and have begun to focus instead on India. Media officials still believe that Chinese audiences are more receptive to Western cultures-Sponge Bob square Pants was a big hit in China-but the problem in China is the issues with censorship, strict restrictions on foreign investment and the glacial pace of its bureaucracy. But, India is a fairly easy market in that sense. Also currently India is lucrative because of its growing importance in the global scenario.

Media observers say that for players in this space, while India is one of the largest media consuming markets in the world; the size and scale of the industry is limited when compared to the global media and entertainment industry. But, India has many growth drivers in place in the years to come. Like for instance India is the only country

Page 2: June 3 Pages 27-40

INDO AMERICAN NEWS • FRIDAY, juNE 03, 2011• ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

28 Indo American News • Friday. june 03, 2011 ONLINE EDITION: www.indoamerican-news.com

Dear Fellow IISc alumni, friends and well wishers of IISc:

We are pleased to announce that the South Central Chapter will host this yearÕ s meeting at Texas A&M University in Galveston, Texas on 25 June, 2011.

This event is primarily for the South Central Chapter members from Texas (TX), Arkansas (AR), Louisiana (LA), New Mexico (NM), and Oklahoma (OK). It will be a combination of chapter activity updates, professional networking, and family get together including childrenÕ s activities. Please plan to attend this unique all-day event.

Please register your e-mail and express your willingness to attend the meeting. For those who plan to stay overnight in Galveston, several hotels are available with gorgeous view of Mexican Gulf on Historic Seawall on Galveston Island. A picnic in a park, a cruise in the gulf in the evening and various get-to-know sessions are being planned.

Detailed agenda is being developed and will be sent to you soon. Please hurry to register! Also advise us if you know of any IISc Alumni who live in the South Central Chapter Area with contact information. We invite your ideas to add more fun events for the family at this event.

For information on Galveston attractions go to: http://www.galveston.com/ and http://www.moodygardens.com/

Please respond to:

Satish Nagarajaiah (832) 330-0769 Or, Sudeep Ingole (409) 741-3828/ email: [email protected]

More information of IISc Alumni Association of North America can be found at: www.iiscaana.org

Indian Institute of Science, Bangalore (IISc) Alumni Association of North America (AANA) South Central Chapter (SCC)

announces the IISC AANA SCC Family Event 2011 in Galveston on 25 June 2011

Page 3: June 3 Pages 27-40

INDO AMERICAN NEWS • FRIDAY, juNE 03, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

29 Indo American News • Friday, june 03, 2011ONLINE EDITION: www.indoamerican-news.com 29Indo American News • Friday, june 03, 2011ONLINE EDITION: www.indoamerican-news.com

India, Pakistan Fail to Make Progress on Siachen Demilitarization TalksBy henry Foy & nigAm Prusty

ISLAMABAD (Samachar): India and Pakistan failed on Tuesday to break ice on how to demilitarize the world’s highest battlefield in the Himalayan region in a sign of how far apart the nuclear-armed rivals are even on less contentious issues.

Defense secretaries from both countries held two days of closed-door talks in New Delhi on how to agree on withdrawing troops from the financially costly, mountainous no-man’s land above the Siachen glacier and defining the official border.

Mil i tary experts say the inhospitable climate and avalanche-prone terrain have claimed more lives than gunfire.

Indian media reported that both sides had stuck to their long-standing positions.

“Neither can we say this is a success or a failure. But we cannot say there is forward movement,” an Indian Defense Ministry official, who declined to be identified

Failure to make progress on one of the less contentious issues between the arch enemies will worry those hoping for progress on broader peace talks, which resumed in April this year following pressure from the United States.

India and Pakistan have long accepted the need to demilitarize the Siachen glacier, located as high as 20,000 feet above sea level, which is seen as a stepping stone

to larger issues such as the disputed Kashmir territory.

The two sides welcomed the dialogue but made no mention in a joint statement of any progress. Instead, they announced they would meet yet again in Islamabad, which would be the 13th round of talks on the issue.

“Both sides presented their position and suggestions toward the resolution of Siachen,” they said in the statement.

The talks in Delhi were the first meeting of the top civil servants from their ministries in more than three years. The Pakistani officials also visited India’s historic Taj Mahal monument, according to Indian media.

The odds were always stacked against a major breakthrough but Indian officials said they had hoped to make some progress in the long-running dispute.

The two armies have faced off in the Siachen region since India first stationed troops there in 1984.

New Delhi broke off a stumbling peace process that came close to agreeing a solution to Siachen after the 2008 Mumbai attacks by Pakistani-based militants that killed 166.

India has long maintained that it was unwilling to bring its forces down from Siachen until Pakistan authenticated the positions they held. Pakistan in turn has said it was willing to do so, but on the condition it was not a final

endorsement of India’s claim to the glacier.

The strategic importance of the glacier, in the Karakoram range, is debatable. Until 1984, no troops were permanently stationed there but now there are at least 10,000 Pakistani and Indian soldiers.

India controls the heights and is

loath to back off for fear Pakistan might walk in.

The neighbors have fought three wars since independence in 1947, and their rivalry complicates Western efforts to stabilize Afghanistan and the South Asia region.

The divided, mostly Muslim

Himalayan region of Kashmir is at the heart of their six-decade-old hostility, with New Delhi accusing Islamabad of training and harboring militants to strike targets in the Indian-controlled state.

India and Pakistan have long struggled to normalize ties, with both deeply suspicious of each other, but Indian Prime Minister Manmohan Singh, who was born in what is now Pakistan, has staked his foreign policy legacy on improving ties.

The talks between Indian Defence Secretary Pradeep Kumar and his Pakistani counterpart, Lt. Gen. (retd) Syed Athar Ali, held after nearly four years, was the 12th round of discussions on Siachen.

Both sides, the joint statement said, “welcomed” the ongoing dialogue process. Acknowledging that the ceasefire on the Glacier was “holding” since November 2003, the discussions between the defence secretaries were held in “a frank and cordial atmosphere.”

The defence ministry official said, there was “status quo” on the stated positions of both countries on the Siachen dispute. “It is a good meeting. But there has been no change in both our positions,” the official added.

The joint statement was the fourth between India and Pakistan since February this year, the earlier ones being issued after the meetings of their foreign, commerce and home secretaries to discuss bilateral relations.

At the end of two days of talks on Siachen Tuesday, India and Pakistan failed to arrive at any common ground on the lingering 27-year-old dispute over the ownership of the world’s highest battlefield or on demilitarising the 70-km-long glacier in the Ladakh region of Jammu and Kashmir.

Page 4: June 3 Pages 27-40

INDO AMERICAN NEWS • FRIDAY, juNE 03, 2011• ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

30 Indo American News • Friday. june 03, 2011 ONLINE EDITION: www.indoamerican-news.comb u s I N e s s

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RTL Group Teams up with Reliance Broadcast Network to Enter India’s Entertainment Marketin the world with 88 million non-

TV households thereby indicating potential for growth. Average time spent on TV is still low in India with two hours in a non-metro market and 3 hours in big metro market because in smaller towns capability and willingness to watch TV exist but the supply of power is an issue. But interestingly, in small towns there is a trend catching up where media is being consumed on handhelds therefore companies also see a potential on mobile in India. With the Indian television industry expected to reach a size of Rs 63,000 crore ($136 Billion) by 2015, there is certainly more

room for many more players to join the fray.

RTL Group joins the league along with the other large American media c o n g l o m e r a t e s such as Rupert Murdoch’s Star TV, Sony Entertainment Television, Time Warner, Turner International, Walt Disney, Viacom, CBS and Liberty Media

continued from page 27

Page 5: June 3 Pages 27-40

INDO AMERICAN NEWS • FRIDAY, juNE 03, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

31 Indo American News • Friday, june 03, 2011ONLINE EDITION: www.indoamerican-news.com

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Number of Hungry in India Rose by 65 Million Between 1990-2005, Says Oxfam

The number of hungry people in India has increased by 65 million -- more than the population of France -- because economic development excluded the rural poor, and welfare programs failed to reach them, according to charity organisation Oxfam.

In a report titled ‘Growing a better future’, it said today that India’s economy doubled in size from 1990 to 2005, but the number of hungry in the country had risen by 65 million during the period.

Oxfam also warned that average prices of staple crops will more than double in 20 years if urgent action is not taken to change the international food system, which is already failing to feed nearly a billion people a day. The world’s poorest people, who spend up to 80 per cent of their income on food, will be hit hardest. An Oxfam release says that decades of steady progress in the fight against hunger is now being allegedly reversed as demand outpaces food production. Depleting natural resources, a scramble for fertile land and water, and the gathering pace of climate change is already making the situation worse, it adds.

Oxfam warns that by 2050 demand for food will rise by 70 per cent yet our capacity to increase production is declining. The average growth rate in agricultural yields has almost halved since 1990 and is set to decline to a fraction of one per cent in the next decade.

Oxfam Chief Executive Barbara Stocking said, “We are sleepwalking towards an avoidable age of crisis. One in seven people on the planet go hungry every day despite the fact that the world is capable of feeding everyone. “The food system must be overhauled if we are to overcome the increasingly pressing challenges of climate change, spiralling food prices and the scarcity of land, water and energy. We must consign hunger to history.”

Archbishop Desmond Tutu said, “Many governments and companies will be resistant to change through habit, ideology or the pursuit of profit. It is up to us - you and me - to persuade

them by choosing food that’s produced fairly and sustainably, by cutting our carbon footprints and by joining with Oxfam and others to demand change.”

Former President Lula of Brazil said: “We can’t wait anymore. Political leaders and global companies must act now to ensure that all people can put food on their table. There are no excuses. We have the capacity to feed everyone on the planet now and in the future. “If the political will is there, no one will be denied their fundamental human right to be free from hunger.”

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Page 6: June 3 Pages 27-40

INDO AMERICAN NEWS • FRIDAY, juNE 03, 2011• ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

32 Indo American News • Friday. june 03, 2011 ONLINE EDITION: www.indoamerican-news.comI N d I A b u s I N e s s

Trade with India to Reach 20 Bn Euros by Next Year, Says Chancellor MerkelNEW DELHI (M&C): - German

Chancellor Angela Merkel said Tuesday that she was optimistic annual trade between her country and India would reach 20 billion

euros (28.8 billion dollars) next year.

‘We are working together closely in business,’ Merkel said at a meeting of German and Indian ministers in New Delhi.

‘We want to achieve 20 billion euros in trade by 2010,’ she said. ‘We are on the right path.’

Trade currently totals 15 billion euros annually and is growing at a rate of 15 per cent.

After a first session of talks, Indian Prime Minister Manmohan Singh quest ioned Europe’s demand that the new leader of the International Monetary Fund (IMF) be a European. Merkel wants the next head of the IMF to be a European.

‘The best available person

regardless of his or her nationality should be selected for such a prestigious post,’ Singh said.

The IMF’s managing director traditionally is a European, but

emerging economies have been demanding the new IMF boss should come from one of their countries.

Singh said he and Merkel did not discuss the issue at the talks.

Merkel arrived two hours later than planned in India for her one-day visit after Iran refused to allow her plane to fly through its airspace.Merkel’s plane had to spend two hours circling Turkey.

Germany called in Iranian Ambassador Ali Reza Sheikh Attar to the Foreign Ministry in Berlin after German Foreign Minister Guido Westerwelle said Iran had showed a ‘disrespect towards Germany, which we cannot accept’ and was in ‘breach of all international conventions.’

The German Chancellor, Angela Merkel meets Prime Minister Manmohan Singh in India to sign trade agreements between the two nations that would total $28.8 Billion dollars. Angela’s plane had to take a detour after it was not allowed to fly over Iran’s airspace

Fish Farming Important Revenue Generation in KashmirBy VijAy KumAr mAliA

SRINAGAR (GR): Minister of State for Haj, Auqaf, Rural Development, Fisheries while highlighting the economic value of fish farming said that the same can be very helpful in generating revenue and avenues of self employment.

The Minister was speaking on the National Workshop on the Development of Cold Water Fisheries in India, held by Directorate of Fisheries Government of J&K in collaboration with National Fisheries Development Board of Government of India.

Dr. Krishanaya, Chief Executive Officer, National Fisheries Development Board, Dr. Madan Mohan, Additional Director General, Indian Council for Agricultural Research, Dr. Saleem Sultan Executive Director National Fisheries Development Board, Senior Officers from various states, Commissioner Secretary Forest Shant Manu, Director Fisheries T. Angchuk and senior officers of the department and various technical experts also attended.

Calling for a perspective planning for the proper and sustained development of fisheries in the state, the minister said that the topography is suited for the cultivation on large scale and we should explore every possible avenue for the same. He said that the provision for the proper and planned marketing of the fish produce should also be worked out

within and across the country.While complementing the

organizers for organizing these

types of workshops, the minister said that they are helpful in the exchange of ideas the outcome of which is beneficial in proper planning and also introducing new varieties. He said that by introducing new technologies in fish breeding and farming we can not only increase the quantity but the quality also.

Commissioner Secretary Forests

Shant Manu while speaking on the occasion also spelt out the new initiatives undertaken by the

government for the proper and sustained development of fisheries sector in the state

T. Angchuk Director Fisheries while speaking on the occasion highlighted the achievements registered by the department and also the successful implementation of various centrally sponsored schemes.

Fisheries in Jammu and Kashmir have been developing steadily in collaboration with National Fisheries development board of Government of India. It has helped generate revenue and avenues of self employment. Commissioner Secretary of Forests Shant Manu said the topography is suited for fisheries on a large scale and more fishery development is underway. Photo: Sweet Radoc

India Rethinks Nuclear Policy After Opposition in japan and EuropeGENEVA (IE): India may have to

review its ambitious nuclear power policy as country after country in Europe is embarking on plans to shut down nuclear plants in the face of growing opposition from people, analysts said.

Germany today announced that it will phase out all its nuclear plants by 2022, a week after Switzerland decided to go non-nuclear by 2034.

The German environment minister Norbert Rottgen announced the government’s decision to phase out nuclear plants after marathon talks with the green parties.

“It’s definite,” said Rottgen, emphasising that “the latest end for the last three nuclear power plants is 2022” and that there will be no clause for revision.

Germany, which is the biggest industrial power in the Western world, draws over a quarter of its energy from the nuclear plants.

The recent disaster at the Japanese

nuclear plants, particularly the Fukushima plant, following the worst earth quake and tsunami has caused a wave of protests all over Europe where nuclear power appears to have lost its appeal.

In Germany, the collapse of the Fukushima plant has generated mass anti-nuclear protests.

In several European countries, opposition to the so-called “clean energy” from the nuclear power plants is rapidly growing forcing governments in Finland and Sweden to review their policy all over again, analysts said.

The UPA government must reconsider its ambitious nuclear power policy, said a Geneva-based analyst, saying that there is a danger that old plants that are being shut down in Europe could land up in India.

Following a waiver from the Nuclear Suppliers Group in 2009, India has already signed nuclear energy agreements with France, the US, Canada, Russia,

U K , K a z a k h s t a n , Namibia, Mongolia and Argentina.

India has said it plans to expand its atomic p o w e r - g e n e r a t i o n capacity tenfold by 2020 and the country is looked upon as an attractive destination for nuclear exports by other nations.

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Page 7: June 3 Pages 27-40

INDO AMERICAN NEWS • FRIDAY, JuNE 03, 2011 • ONLINE EDITION: WWW.INDOAMERICAN-NEWS.COM

33 Indo American News • Friday, June 03, 2011ONLINE EDITION: www.indoamerican-news.com s o c i e t y

Raid on Bin Laden Avenged Deaths of CIA Agents Shah, Hardy in KenyaBy Matt apuzzo and

adaM GoldManWASHINGTON (AP) -- For a

small cadre of CIA veterans, the death of Osama bin Laden was also a set-tling of a score for a pair of deaths, the details of which have remained a secret for 13 years.

Tom Shah and Molly Huckaby Hardy were among the 44 U.S. Em-bassy employees killed when a truck bomb exploded outside the embassy compound in Kenya in 1998.

Though it has never been pub-licly acknowledged, the two were working undercover for the CIA. In al-Qaida’s war on the United States, they are believed to be the first CIA casualties.

Hardy was a divorced mom from Valdosta, Ga., who raised a daughter as she travelled to Asia, South Amer-ica and Africa over a lengthy career. At the CIA station in Kenya, she handled the office finances, includ-ing the CIA’s stash of money used to pay sources and carry out spying op-erations. She was a new grandmother and was eager to get back home when al-Qaida struck.

Shah was a musician from the Midwest, graduating from St. Xavier High School in Cincinnati, where he was a standout trumpet player.

Shah - his given name was Uttam-lal - was the only child of an Indian immigrant father and an American mother. He had a fascination with international affairs. He participated in the school’s model United Na-

tions and was one of the school’s first students to learn Russian. From time to time, he went to India with his father.

Shah graduated from Berklee Col-lege of Music in Boston and Indiana’s Ball State University’s music school. He taught music classes and oc-casionally played in backup bands for entertainers Red Skelton, Perry Como and Jim Nabors.

Shah and his wife, Linda, were married in 1983, the year he received

his master’s degree. In 1987, after earning his doctorate from Ball State, Shah joined the U.S. government. On paper, he had become a diplomat. In reality, he was shipped to the Farm, the CIA’s spy school in Virginia.

He received training in surveillance, counterespionage and the art of build-ing sources which came naturally to Shah. Shah was regarded as one of the top members of his class and was assigned to the Near East Division, which covers the Middle East.

He spoke fluent Hindi and decent Russian when he arrived and quickly showed a knack for languages by learning Arabic. He worked in Cairo and Damascus and, though he was young, he was quickly proving him-self one of the agency’s most promis-ing stars.

In 1997, he was dispatched to head-quarters as part of the Iraq Opera-tions Group, the CIA team that ran spying campaigns against Saddam Hussein’s regime. Around that time, the CIA became convinced that a senior Iraqi official was willing to provide intelligence in exchange for a new life in America. Before the U.S. could make that deal, it had to be sure the information was credible and the would-be defector wasn’t really a double agent. But even talking to him was a risky move. If a meeting with the CIA was discovered, the Iraqi would be killed for sure.

Somebody had to meet with the informant, somebody who knew the Middle East and could be trusted with such a sensitive mission. A senior of-ficer recommended Shah.

The meetings were set up in Ke-nya, former officials said, because it was considered relatively safe from Middle East intelligence services. It was perhaps the most important operation being run under the Africa Division at the time, current and for-mer officials said.

Officials say Shah was among those who went to the window when shooting began outside the embassy

The tombstone of Uttamlal “Tom” Shah is seen at a cemetery in Bremen, Ind., Thursday May 26, 2011. Shah and Molly Huckaby Hardy were among the 44 people killed when a truck bomb exploded outside the U.S. Embassy in Kenya in 1998, and though it has never been publicly acknowledged, the two were working undercover for the CIA. In Al-Qaida’s war on the United States, they are believed to be the first CIA casualties. Their service remained a secret in both life and death, marked only by anonymous stars on the wall at CIA headquarters and blank entries in its book of honor.

gates. Most who did were killed when the massive bomb exploded. He was 38. Hardy was also killed in the blast. She was 51.

The U.S. government said both vic-tims were State Department employ-ees. But like all fallen officers, they received private memorial services at CIA headquarters. Every year, their names are among those read at a ceremony for family members and colleagues.

Hardy’s daughter, Brandi Plants, said she did not want to discuss her mother’s employment. Shah’s widow, Linda, sent word through a neighbor that the topic was still too painful to discuss.

Shah’s death did not stall his mis-sion. The Africa Division pressed on and confirmed that the Iraqi source was legitimate, his information ex-tremely valuable. He defected and was re-located to the United States with a new identity.

Shah and Hardy are among the names etched into stone at a memo-rial at the embassy in Nairobi, with no mention of their CIA service. Shah is also commemorated with a plaque in a CIA conference room at its headquarters. Both were among those whose names Panetta read last week at the annual ceremony for fallen officers.

Bin Laden said the embassy in Nairobi was targeted because it was a major CIA station. He died never knowing that he had killed two CIA officers there.

Page 8: June 3 Pages 27-40

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34 Indo American News • Friday, June 03, 2011 ONLINE EDITION: www.indoamerican-news.comi n d i a n d i a s p o r a

Amar Bose Donates Majority of His Company Stock to MITDr. Amar Bose ’51, Bose

Corporation’s Founder, has given to MIT the majority of the stock of Bose Corporation in the form of non-voting shares.

MIT will receive annual cash dividends on those shares when

dividends are paid by Bose Corporation; those cash dividends will be used by MIT to sustain and advance MIT’s education and research mission.

Under the terms of the gift, MIT cannot sell its Bose shares and will not participate in the management or governance of the

company. Bose Corporation will remain a private and independent company, and operate as it always has, with no change in strategy or leadership. Dr. Bose will remain Bose Corporation’s Chairman and Technical Director.

Dr. Bose received his bachelor’s degree, master’s degree and PhD from MIT, all in electrical engineering. He was asked to join the faculty in 1956, and accepted with the intention of teaching for no more than two years. He continued as a member of the MIT faculty until 2001, making important contributions to the Institute’s teaching of undergraduate electrical engineering.

I n 1 9 6 4 , D r. Bose founded Bose Corporation. From

its inception, the company has remained privately owned, with a focus on long-term research. Learn about the company here.

In expressing gratitude for this gift, MIT President Susan Hockfield remarked not only on Dr. Bose’s generosity, but also on his humility. “Amar Bose gives us a great gift

today, but he also serves as a superb example for MIT graduates who yearn to cut their own path. Dr. Bose set the highest teaching standards, for which he is still admired and loved by his faculty colleagues and the many students he taught. His insatiable curiosity propelled remarkable research, both at MIT and within the company he founded. Dr. Bose has always been more concerned about the next two decades than about the next two quarters.”

“Dr. Bose,” Hockfield continued, “has asked us not to shine too bright a spotlight on him today. So to honor that wish, let us simply celebrate Dr. Bose’s profound belief in the transformative power of an MIT education.”

In a letter to Bose Corporation employees, Dr. Bose paid tribute to his mentors at MIT: Professors Y. W. Lee, Norbert Wiener and Jerome Wiesner. He explained that the gift represents his long-held desire to support MIT education, and reaffirmed the company’s mission to play for the long run.

“We will continue,” Dr. Bose wrote to his employees, “to remain true to the principles upon which our company was founded.”

Amar Gopal Bose is a Bengali by birth born November 2, 1929, the chairman and founder of Bose

Corporation. An American e l e c t r i c a l engineer, he was listed on the 2007 Forbes 400 with a net worth of $1.8 billion. The child of an Indian Bengali f a t h e r a n d white American mother, Bose w a s b o r n and raised in Philadelphia, Pennsylvania. H i s f a t h e r, Noni Gopal Bose, was an Indian freedom revolutionary f r o m Bengal who having been imprisoned for his political

activities, fled Kolkata (Calcutta) in the 1920s in order to avoid further prosecution by the British colonial police.

Amar Bose first displayed his entrepreneurial skills and his interest in electronics at age thirteen, when, during the World War-II years, he enlisted school friends as co-workers in a small home business repairing model trains and home radios, to supplement his

family’s income. Bose graduated from Abington Senior High School and entered the Massachusetts Institute of Technology, graduating with a BS in Electrical Engineering in the early 1950s. Bose spent a year in Eindhoven, Netherlands, in the research labs at NV Philips Electronics and a year in Delhi, India, as a Fulbright student where he met his future wife, Prema, from whom he is now divorced (he has now re-married). He completed his Ph.D. in electrical engineering from MIT, writing a highly mathematical thesis on non-linear systems.

Following graduation, Bose took a position at MIT as an Assistant Professor. He focused his research on acoustics, leading him to invent a stereo loudspeaker that would reproduce, in a domestic setting, the dominantly reflected sound field that characterizes the listening space of the audience in a concert hall. Bose was awarded significant patents in two fields which, to this day, are important to the Bose Corporation. These patents were in the area of loud speaker design and non-linear, two-state modulated, Class-D, power processing.

To found his company in 1964,

for initial capital, he turned to angel investors including his MIT thesis advisor and professor, Dr. Y. W. Lee (who invested his life savings on the effort[citation needed]). During his early years as a professor, Bose bought a high-end stereo speaker system in 1956 and was reportedly underwhelmed by the performance of his purchase. This would eventually pave the way for his extensive speaker technology

research, concentrating on key weaknesses in the high-end speaker systems available during Bose’s time, and focusing on psychoacoustics, which would become a hallmark of the company’s audio products. Applying similar psychoacoustic principles to headphone technology, Bose created the Tri-Port Earcup Drivers.”

Today, the Bose Corporation is a multifaceted entity with more than 12,000 employees, worldwide, that produces products for home, car, and professional audio, as well as conducts basic research in acoustics, automotive systems, and other fields. Bose Corporation, as a privately held company, does not publish its financial numbers, however a few hundred shareholders do receive audited annual financial statements.

In addition to his company, Bose was a professor at MIT until 2000. His son, Vanu Bose, is founder and CEO of Vanu, Inc., a software-based radio technology provides a wireless infrastructure that enables individual base stations to simultaneously operate GSM, CDMA, and iDEN. His daughter, Maiya, is a practicing chiropractor.

Dr Amar Bose 51, says that the Bose Corporation will remain private and independent; dividends will sustain and advance MIT’s mission

Amar Bose, center, with mentors Y. W. Lee, far left, and Norbert Wiener, right, at MIT’s Research Laboratory of Electronics in 1955.Image courtesy: MIT Museum

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35 Indo American News • Friday, June 03, 2011ONLINE EDITION: www.indoamerican-news.com i n v e s t i g a t i o n

ISI Top Guns ‘Clueless’ About Mumbai Terror Plot: Headley

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NEW YORK (FP): David Headley testified on Tuesday that no more than a handful of agents from Pakistan’s Inter-Services Intelligence (ISI) Directorate were involved in plotting the Mumbai terror attacks of November 2008, and that the spy agency’s higher-ups were clueless about the scheming.

“The higher officers did not know,” David Headley told a federal court in Chicago when a defence attorney asked him if the head of the ISI or its senior leadership were involved in the Mumbai plot.

“I was only in contact with Major Iqbal of the ISI but I suspect his colonel knew about it,” added Headley. According to him, Major Iqbal was the ISI handler who trained, directed and funded his surveillance trips to Mumbai.

Pakistan is sure to latch on to Headley’s testimony to assert that the ISI’s involvement in the Mumbai attacks was limited to “rogue agents.” This doesn’t, of course, absolve the ISI completely: it should have had some inkling of the machinations of its spy agents.

Despite Pakistani denials, India and a growing list of Western countries that have been terrorism targets have begun to be wary of the extent of Pakistan’s official complicity with terrorism.

Pakistani officials have denied that Major Iqbal was a serving intelligence officer and have even questioned his very existence. But US prosecutors have taken the diplomatically explosive step of indicting Iqbal. They have also produced hard evidence, including phone records and Iqbal’s e-mail exchanges with Headley.

After the November 2008 Mumbai attacks, Headley’s view of his handlers in the ISI and the Lashkar-e-Taiba soured. In spring 2009, Headley was frustrated after

they launched him on a plot against a Danish newspaper and then shelved the operation.

Headley then turned to Ilyas Kashmiri, the chief of the Harakat-ul-Jihad al-Islami (HUJI) and a senior member of Al Qaida. Last

week, US Secretary of State Hillary Clinton was in Islamabad to demand action against five top Al Qaeda figures, including Kashmiri.

In the ongoing Chicago trial, besides Tahawwur Rana, six others are charged in absentia, including Ilyas Kashmiri and three ISI agents.

Headley testified on Tuesday that Kashmiri plotted to kill the CEO of Lockheed Martin for manufacturing drones, which are being used in aerial attacks on terrorists holed up in Pakistan.

“Kashmiri had people doing surveillance and asked me if there were weapons readily available to him,” Headley said. He revealed he had secretly used Rana’s office computer for research on the Danish plot, but dismissed the brief online

search saying; “My research is more in-depth than Googling someone a couple of times.”

Tahawwur Rana’s defence attorney Patrick Blegen read Headley’s plea agreement and asked him if it was true that he was

remorseful for what he did.“I feel bad for the methods I

employed,” Headley replied.“Have you had a conversion in

your thoughts?” Blegen asked.“I’m in the process,” Headley

said impassively.ABC’s local television station in

Chicago reported that Headley is planning to write a book about his experience. He apparently told his wife he will make pots of money

from it.Questions about whether

Headley’s testimony is credible have swirled around the Chicago trial. Rana’s lawyers have tried to show that Headley is a “master manipulator” and a liar who simply implicated Rana to cut the deal with US prosecutors. They have highlighted his conflicting allegiances to three different organisations and overlapping relationships with three wives.

Headley admitted under cross-examination on Tuesday to a history of mental illness, repeated lies to judges, law-enforcement officials and his wives. He admitted he has undergone psychiatric treatment for a “mixed personality disorder” in Philadelphia. He went through 18 months of psychological treatment in 1997.

Blegen also pointed out that while Headley was in custody, he told his wife to tell his half-brother in Pakistan to change his phone number so he wouldn’t come under the FBI’s scanner.

“You pulled the rug out from underneath the government,” Blegan said. ”Your brother was a terrorist in Pakistan.”

“No, he’s a government employee,” said Headley.

The answer drew derisive laughter in the packed courtroom filled with Indian, US and Danish journalists as Headley had testified only last week that the ISI co-ordinated the Lashkar-e-Taiba and other terrorist groups.

David Headley testified on Tuesday that no more than a handful of agents from Pakistan’s ISI Directorate were involved in plotting the Mumbai terror attacks. Carol Renaud/AFP

Did you know? 1. Windmills always turn counter-clockwise. Except for the windmills in Ireland.2. Thomas Edison, lightbulb inventor, was afraid of the dark.3. The verb “cleave” is the only English word with two synonyms which are antonyms of each other: adhere and separate.4. The term “the whole 9 yards” came from WWII fighter pilots in the South Pacific. When arming their airplanes on the ground, the .50 caliber machine gun ammo belts measured exactly 27 feet, before being loaded into the fuselage. If the pilots fired all their ammo at a target, it got “the whole 9 yards.”5. The Sanskrit word for “war” means “desire for more cows.”6. You blink over 20,000,000 times a year.7. Women’s hearts beat faster than men’s.8. You’re born with 300 bones, but when you get to be an adult, you only have 206.9. To escape the grip of a crocodile’s jaws, push your thumbs into its eyeballs -- it will let you go instantly.10. The word “samba” means “to rub navels together.”11. The three best-known western names in China: Jesus Christ, Richard Nixon, and Elvis Presley.12. The United States Government keeps its supply of silver at the United States Military Academy, West Point, New York.13. The sound of E.T. walking was made by someone squishing her hands in Jello.

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Police: Pakistani Journalist, Saleem Shahzad Was Tortured to DeathKARACHI (Dawn): Grief-

stricken relatives demanded Wednesday tha t Pak i s t an investigate the torture and murder of an investigative journalist whose disappearance was blamed on the country’s shadowy intelligence

services.Saleem Shahzad, a 40-year-old

father of three, vanished after leaving home in Islamabad to appear on a television talk show, two days after writing an article about links between rogue elements of the navy and al Qaeda.

Shahzad carved out a career writing about the plethora of militant networks operating in Pakistan, and warned human rights campaigners before his disappearance that he

had been threatened by the Inter-Services Intelligence.

US Secretary of State Hillary Clinton condemned his murder and said his “reporting on terrorism and intelligence issues in Pakistan brought to light the

troubles extremism poses to Pakistan’s stability”.

Shahzad’s body was found Tuesday, about 150 kilometres southeast of Islamabad. Police said it bore marks of torture.

“The cause of death is torture and there are several signs of torture on his body and face,” said Ashok Kumar, one of the doctors who carried out a post-mortem at Islamabad’s Pakistan Institute of Medical Science.

Another doctor told AFP that Shahzad’s lungs and liver had been damaged, that the body was swollen and bore more than 15 signs of having been beaten.

Wasim Fawad, a brother of Shahzad, told AFP that the family was in shock. His funeral was to take place in his

home town of Karachi later Wednesday, after the body was flown from Islamabad.

“The post-mortem was being conducted on our request and we will also lodge a case with police. We want an investigation in this killing,” he said.

“My brother was killed for writing the truth. He paid a huge price, he sacrificed his life but always spoke the truth.”

Interior Minister Rehman Malik confirmed that a police investigation had been ordered and promised a reward of 2.5 million rupees.

“Anyone giving us information, evidence or clue about the murder will be given a reward of 2.5 million rupees,” he told reporters.

But police officials in Islamabad and where the body was found each told AFP that the investigation was the responsibility of the other.

“Previous enquiries into the murders of journalists have not been made public and it is not clear if the fate of this enquiry would be any different,” the Pakistan Press Foundation said in a statement.

Reporters Without Borders says 16 journalists have now been killed since the start of 2010 in Pakistan, which it

My brother was killed for writing the truth. He paid a huge price, he sacrificed his life but always spoke the truth,” said journalist Saleem Shahzad’s grief-stricken brother

ranks 151st out of 178 countries in its press freedom index.

Shahzad worked for Italian news agency Adnkronos (AKI) and Asia Times Online, a news site registered in Hong Kong. After he vanished on Sunday, AKI said they feared he had been kidnapped.

In 2006, he was kidnapped by the Taliban in southern Afghanistan, accused of being a spy. He was set free after seven days.

Ali Dayan Hasan, senior South Asia researcher at Human Rights Watch, said Shahzad had complained about being threatened by the ISI and said his killing bore the hallmarks of the security services.

Last Friday, Shahzad published an investigative report in Asia Times Online that last week’s attack on a naval air base was carried out to

avenge the arrest of naval officials Police: Pakistani Journalist, Saleem Shahzad Was Tortured to Death

avenge the arrest of naval officials Police: Pakistani Journalist, Saleem Shahzad Was Tortured to Death

arrested on suspicion of al Qaeda links.

The naval base attack began on May 22 and took 17 hours to repel. Officials said six militants destroyed two US-made surveillance aircraft and killed 10 security personnel in the standoff.

Prominent Pakistani investigative journalist Umar Cheema, who was abducted and tortured last year, said he believed that whoever picked up Shahzad had not meant to kill but to torture him to send a strong message to other journalists.

“It is really a very unfortunate incident. It breaks the myth that journalists in Pakistan, both local as well as foreign, are tolerated and work in a safe environment,” Cheema said.

This Week, That AgeJune 1, 1868 - Texas constitutional convention meets in Austin. June 1, 1880 - 1st pay telephone installed. June 1, 1888 - California gets its 1st seismograph. June 1, 2009 - General Motors files for chapter 11 bankruptcy. It is the fourth largest United States bankruptcy in history. June 2, 1964 - Lal Bahadur Sjastri elected premier of IndiaJune 2, 1994 - Indonesian censors ban Steven Spielberg’s “Schindler’s List” June 3, 1971 - Test Cricket debut of Imran Khan, v Engl at Edgbaston (5, 0-36, 0-19)June 4, 781 BC - The first historic solar eclipse is recorded in China.June 4, 1070 - Roquefort cheese created in a cave near Roquefort, France.June 4, 1845 - Mexican-US war startsJune 4, 1850 - Self deodorizing fertilizer patented in EnglandJune 4, 1984 - DNA is successfully cloned from an extinct animalJune 4, 1907 - Automatic washer & dryer introducedJune 4, 1907 - Automatic washer & dryer introducedJune 4, 1907

p a k i s t a n

Page 11: June 3 Pages 27-40

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37 Indo American News • Friday, June 03, 2011ONLINE EDITION: www.indoamerican-news.com s p o r t s

Team India’s Latest Controversy: Club for Money or Country for Pride

Chance for Youngsters to Step up, Says Raina

Afridi Quits International Cricket, Slams PCB

(MN): The decision of some of the senior players to skip the upcoming West Indies tour has given birth to a new controversy, club for money or country for pride. The issue is refusing to die down, and in fact, with every passing day, it is blowing into a bigger controversy.

It seems the more one tries to comprehend the debate, the murkier it gets.

The controversy began after the just-concluded 51-day cricket fair of money and glamour, IPL, as some of the senior cricket players decided to skip the West Indies’

tour citing fatigue and demanding well deserved rest after the hectic schedule of the World Cup and IPL. Without reading in between the lines, BCCI gave its consent and decided to send a second string Indian team to the West Indies.

The team composition may well be called as India A as many budding players who are otherwise snubbed have been selected. Likes of Amit Mishra, Rohit Sharma, Manoj Tiwary, Shikhar Dhawan and R Ashwin have made it to the coveted list. Senior players Sachin Tendulkar, Zaheer Khan, Dhoni, Gautam Gambhir, Virendra Sehwag, and Yuvraj Singh have been excluded from the first leg of the West Indies tour, ODIs and Twenty 20.

For the second leg of the tour, the Test series, seamer Zaheer and skipper Dhoni will be back in the squad. Yuvraj has been left out of the squad for the entire series. Sachin wanted to skip the entire series, while Gautam and Sehwag are recuperating from injuries.

The development has fuelled a new controversy, club or country, Club for money or Country for pride. Legendary all rounder, Kapil Dev has opined on the controversy, saying that, “It is for the players to decide between the club and country.”

Senior players have been condemned by media and many former greats. Initially, it was Gambhir who was supposed to lead the men in blue; however, he picked up a shoulder injury during the IPL and was left out to nurse the injury. As huge amount of money

is at stake in the IPL. None of the senior players skipped it and asked for rest. Now, for WI tour, they want rest. Do these players prefer money over country or club over pride? If seniors wanted rest, they could have skipped the IPL. But it wasn’t the case, the hazy screen is crystal clear now, money matters most for these players but national pride.

Here is the team India for WI tour: ODI, T20 Team: Suresh Raina (capt), R Ashwin, S Badrinath, Harbhajan Singh (vice-captain), Virat Kohli, Praveen Kumar, Amit Mishra, Munaf Patel, Parthiv Patel (wk), Yusuf Pathan, Wriddhiman Saha (wk), Ishant Sharma, Rohit Sharma, Vinay Kumar, Manoj Tiwary, Shikhar Dhawan.

Test Team: M S Dhoni (capt), V V S Laxman (vice-captain), M Vijay, Abhinav Mukund, Rahul Dravid, Virat Kohli, Subramaniam Badrinath, Harbhajan Singh, Ishant Sharma, S Sreesanth, Amit Mishra, Pragyan Ojha, Zaheer Khan, Munaf Patel, Suresh Raina, Parthiv Patel (wk).

The latest decision made by some of the senior players of the Indian cricket team has attracted the ire of the nation and has ignited a new controversy whether the players should choose Club for money or Country

MUMBAI (DH): Stand-in India captain Suresh Raina feels that the absence of senior cricketers during the ODI series in the Caribbean will be an ideal opportunity for those who did well in domestic cricket to show their performance at the international level.

“It’s a great opportunity for the youngsters who have done well in domestic cricket. I hope they will do well,” said the 25-year-old Raina at the pre-departure media conference of the team here today sitting alongside newly-appointed chief coach Duncan Fletcher.

The Indian team will be playing in the ODIs without Gautam Gambhir, prolific opener Virender Sehwag, man-of-the-tournament in the World Cup Yuvraj Singh--- all of whom are out with injuries. Regular skipper Mahendra Singh Dhoni, Sachin Tendulkar and senior pacer Zaheer Khan have been rested keeping in mind the gruelling two and a half month tour of England that starts in July.

“I am really honoured to be leading the side. I am happy with the side as we have some very good batsmen in Rohit Sharma, Manoj Tiwary, S Badrinath, Shikhar Dhawan all of whom have done well in first-class cricket.

“Badrinath especially has done well in first-class cricket and deserves to be in the team. I hope we will do well in the West Indies,” said Raina who will hand over the reins to Dhoni when he returns for the three-Test series to be held after the conclusion of the five ODIs.

The Indians start the tour with a lone T20 international at Port of Spain on June 4.

Coach Fletcher said he had

followed the rotation system when he was the England coach and received criticism from the authorities.

The burly Zimbabwean wants to go slow about this supposed rotation policy.

“While I was in England, I started the rotation policy resting senior guys. I was heavily criticised by the

English authorities. It’s important to do that considering the heavy schedule. We need to look into the matter as we go into the future,” said the Zimbabwe-born Fletcher for whom it will be his first assignment as the Indian team’s coach after taking over from his protege Gary Kirsten after the World Cup.

“There is a lot of talent in India and my job is to prepare these youngsters. It’s a pleasure to blood them in ODIs,” said Fletcher.

Asked about the club-versus-country debate, Fletcher said it’s not specific to cricket.

“That’s the way it is in modern day sports. We have to ensure that all the players are fit enough,” he said.

Raina said the Indian team had done very well over the last three years, having climbed to the top among Test nations and winning the World Cup after 28 years.

“There’s always pressure and we have done well under pressure. We

have done well over the last three years and have won the World Cup. It’s for us as players to execute the plans of the coach well. We have to play our natural game,” he said.

Fletcher did not see the trip as an easy outing though the West Indies are not the same force they were in 70’s and 80’s.

“Any team playing at home is difficult to beat. We should not be complacent,” said the new coach who said he intended not to look too far ahead in his job.

Domestic cricket players will get a better chance to represent India in International cricket if the senior cricketers gave way for them to do so. In a statement, Suresh Raina, stand-in captain feels that younger players need better chances to prove themselves

KARACHI (Sify): Flamboyant Pakistan all rounder Shahid Afridi has announced to quit international cricket in protest of his removal from the captaincy of the national one-day team and said he will not consider to return till the present board under the chairmanship of Ijaz Butt is in place.

“The people have given me lot of respect and love and I don’t like to be working with this board who don’t know how to respect players,” an angry Afridi said.

Afridi, 31, described the current

set of administrators as “disgraceful people” Afridi, told Geo News channel that nothing is greater to him than his self-respect.

“I want to make it clear that till this board is there I will not play international cricket. When it goes and if people want me to play on I will consider a comeback.”

However, Afridi said, “I will continue to play domestic and league cricket but not international cricket... It is not worth my while under this board which gave me no reason nor did it bother to hear me

out before sacking me as captain,” he said. “I worked hard on building up a broken team and turned it into a fighting combination.

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3 39Indo American News • Friday, June 3, 2011 Online Edition: www.indoamerican-news.com

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