New Delhi, July 22, 2014 (Agency)
The Supreme Court Tuesday turned down Sahara Group chairman Subrata Roy's plea for release on 40 days parole to arrange the sale of three overseas hotels to generate Rs.10,000 crore as part payment of investors' money that were raised by its two companies.
Mobilising Rs.10,000 crore for part payment of investors money is also a condition of Roy and two directors being released on bail.
A bench of Justice T.S. Thakur, Justice Anil R. Dave and Justice A.K. Sikri said that in case a concrete proposal came before the court regarding the sale of the overseas property, then it would examine it and permit Roy to be released from 10 a.m. to 4 p.m. to undertake the negotiations for sale of overseas properties.
Soon after the pronouncement of the order by Justice Thakur, senior counsel Rajiv Dhawan appearing for Roy told the court that he was "deeply pained" by its order.
"I am really astonished by the order and deeply pained" that the court continues to take "so strict a view after so many months of incarceration", he said.
At this, Justice Thakur retorted: "Your astonishment that started with the earlier bench (Justice K.S. Radhakrishnan - since retired - and Justice Jagdish Singh Khehar) and continues. We are not sitting in an appeal. Had it been so we would have reduced your astonishment."
The apex court had July 4 reserved its order on Roy's plea seeking the court's nod for selling three overseas hotels located in New York and London to generate Rs.10,000 crore and also for his release on 40 days parole to put through the international transaction. This is the fourth time in this year that the apex court has declined Roy's plea to be released on bail.
Sahara's three overseas assets included its three hotels - Grosvenor House Hotel in London and the New York Plaza and Dream New York hotels in New York.
Roy and two other directors Dubey and Choudhary are in custody since March 4 for the failure of two group companies Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited (SHICL) to comply with the apex court's Aug 31, 2012, and Dec 5, 2012, order to return investors' money, which in 2012 was Rs. 24,000 crore.
Mumbai, July 22, 2014 (Agency)
"Rockstar" fame actress Nargis Fakhri may be in bed resting it out after sustaining injuries while shooting her "devil" item song with Salman Khan for Sajid Nadiadwala's "Kick", but she finds the experience exhilarating.
"It was a devil of a song," she said punning on the song's title "Devil".
The song is composed by Yo Yo Honey Singh, his first for Salman and after his "Lungi dance" track for Shah Rukh Khan in "Chennai Express".
"It is a very special song. I do like Yo Yo Honey Singh's songs. So I was super-excited about that as well. And I am blessed to have danced to it with Salman. Never mind the minor injuries."
Nargis admits it was physically an ordeal to dance to Yo Yo's energetic beats.
"It was stressful. Before the dancing, I always get so nervous and stressed. I am not very comfortable with the gyrations and thrusts. My entire physical presence becomes tense.
"I was dancing with Salman with a torn meniscus, a torn ham-string and two inflamed discs. So there was a lot of pain. But I kept pushing myself because Ahmed Khan's choreography was so very inspiring. Now I am recuperating in bed."
She had suffered similar injuries while performing the "Dhating" number with Shahid Kapoor for "Phata Poster Nikla Hero".
"For that number with Shahid as well as for this number with Salman, I didn't allow my physique enough time and rehearsals to warm up properly. So it was a bit of deja-vu dancing. But every bit of the pain was worth it because of Salman."
Thankfully, Ahmed Khan worked the dance movements around Nargis's comfort zone.
"Ahmed was fantastic. Only he was aware if my injuries because I shared my pain only with him. He was aware of my comfort level. If a dance step didn't come easily to me he modified the step accordingly. But on the whole I stuck to the dance movements he created. Every one on the set was patient and supportive. The vibes were fantastic."
New Delhi, July 22, 2014 (Agency)
Mercedes-Benz Tuesday launched the AMG version of its sedan CLA 45 powered by the four-cylinder series production engine.
The CLA 45 AMG priced at Rs.68.50 lakh (ex-showroom Delhi) is the seventh AMG product available in the Indian market.
The AMG brand of the company provides for high-performance driven automobiles which are highly inspired from motor racing technology and use design snip-offs from the company's expertise in motorsports and engine development.
"The launch of CLA 45 AMG is inspired by the resounding success of our new generation compact cars in India. We have seen a rising demand among our growing young customer base for a stylish and high performance car which makes a strong personal style statement adding practicality of everyday use simultaneously," said Eberhard Kern, managing director and chief executive, Mercedes-Benz India.
The vehicle is powered by a newly developed AMG 2.0-litre turbo engine with a maximum output of 265 kW and up to 450 Nm of torque are unmatched by any other mass-produced turbocharged four-cylinder engine worldwide.
The engine is coupled with a seven-speed sports transmission with seven gears.
The CLA 45 AMG can sprint from 0 to 100 km per hour in 4.6 seconds and have a top speed of 250 km per hour which is electronically limited.
The vehicle comes with a sports suspension and also boasts of other high-end safety features like bi-xenon headlamps, tyre pressure loss monitoring system and electronic stability program (ESP) including seven airbags.