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Housing.com Sacks Founder And Mercurial CEO Rahul Yadav

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Rahul Yadav, co-founder and chief executive officer of Housing.com and a mercurial executive whose public antics have surprised and amused observers in recent weeks, was fired from the company after a board meeting today, the company said in a statement.

"The Housing Board, unanimously agreed to bring Yadav's tenure to a close, with reference to his behaviour towards investors, ecosystem and the media. The Board believed that his behaviour is not befitting of a CEO and is detrimental to the company..." the company said in the statement, adding that he will not be associated with the company in any way from now on.

READ: Rahul Yadav: 'I Am An Average Guy Who Cannot Be Diplomatic'

The decision caps months of public antics by Yadav, in which he has taken on the media, his own investors and founders of other startups. It also brings to an abrupt end his meteoric rise as the founder and CEO of a startup that investors seemingly couldn't get enough of.

The three-year old startup has been valued at $250 million (Rs 1,500 crore) after Softbank invested $70 million for a 30 percent stake in November 2014. Other investors include Helion Venture Partners, Qualcomm Ventures, Falcon Edge and Nexus Venture Partners.

The meeting saw anxious moments, as investor Softbank had requested local police presence at the premises anticipating violence by Rahul Yadav or his supporters, The Economic Times reported. He was asked to leave the premises immediately and in the end the young CEO left without incident, the ET report said.

Around the time the board meeting got over, Yadav made this public post on his Facebook page, which he has used to unleash much commentary in recent weeks.

[In a nutshell]Board: CEO title of Housing.com. Take that away then what are you?Me: A Genius Billionaire (in INR) Philanthropist.

Posted by Rahul Yadav on Tuesday, 30 June 2015


It's unclear how he is an "INR billionaire" though, as he had publicly said he was allocating all of his Housing stock to employees. He had also specifically challenged two other start-up founders to do the same.

READ: Rahul Yadav Throws Giving Challenge To Zomato Founder

READ: Rahul Yadav Allots All Shares To Employees

Yadav, 26, is an IIT-Bombay dropout and had been in the news since March when he fired off a scathing letter to Sequoia India's head Shailendra Singh accusing him of poaching employees. The letter landed up on Quora and was widely shared. Next, he resigned from the company, saying investors were not intellectually capable. He then rescinded the resignation, and said that he would give away all his shares — worth about Rs 200 crore — to employees.

Today's sacking brings an end to all the drama, which is unusual in the Indian corporate world. The company board is now looking for an interim CEO.



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IAS Officer Smita Sabharwal Sends Legal Notice To Outlook For Sexist Article Calling Her 'Eye Candy'

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NEW DELHI — A woman IAS officer, one of the youngest to have cracked the tough civil services exam in 2001, has sent a legal notice to a weekly news magazine for a blatantly sexist article that described her as 'eye candy'.

Smita Sabharwal has also called the article "distasteful, cheap and titillating” in the notice sent to the Outlook magazine which in a recent write-up titled 'No Boring Babu' said the IAS officer made "a fas­h­ion sta­tement with her lovely saris and serves as eye candy at meetings."

The article was accompanied by this cartoon.




Sabharwal had secured the all-India 4th rank in the Union Public Service Commission exams.

The writer reportedly spoke to “leading party politicians” who “admitted” that Sabharwal served as “eye candy at meetings”. But now Outlook has some major damage control to do.

The five page legal notice has been sent to editor-in-chief Krishna Prasad and Hyderabad-based assistant editor Madhavi Tata asking the magazine for a detailed apology. The magazine has been given a 15-day period to act, failing which Sabharwal has threatened to file a criminal and civil suit against it.

The notice alleged that Outlook has "deliberately played mischief by implying that Sabarwal's portfolio was a mystery.”

"Sabarwal's hard work, dedication and her excellence at her chosen profession are washed away by the mere fact of her being an attractive, young and successful woman who has also accomplished quite a lot professionally, owing to her dedication and perseverance,” says the notice.

The notice says that the Sabharwal was "extremely disturbed" by the article.

The IAS officer, however, has scored major points with women on social media for taking a stand against everyday sexism at the workplace.












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Lalit Modi's Job Offer To Sushma Swaraj's Husband Is 'Quid Pro Quo', Says Congress

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NEW DELHI — The Congress Party stepped up its attack on the BJP, which is mired in a fresh controversy on Wednesday, after media reports indicated that former IPL commissioner Lalit Modi allegedly offered Foreign Minister Sushma Swaraj's husband a spot in the board of one of his companies.

According to reports, Modi allegedly asked Supreme Court lawyer Swaraj Kaushal to serve as his back-up on the board of one of his companies, Indofil, days after Sushma Swaraj helped him secure British travel documents.

The opposition said it was "totally irrelevant" that Kaushal did not eventually accept the offer.

"There is now clear material to show that Lalit Modi offered a job to close relative of Foreign Minister," said Congress leader Abhishek Manu Singhvi. "The fact whether that job was taken or not is totally irrelevant."




Another Congress leader PC Chacko said the Directorship of a company is only offered to a person "in whom one has abundant confidence", insinuating a deep nexus between Modi and Kaushal, who has been his lawyer for over 20 years.

Kaushal himself, meanwhile, has accepted that he was made an offer, but clarified that he never accepted it. "I was offered to be Alternate Director on Indofil Board. I did not give my consent. The request was withdrawn," he said to ANI.

Indofil's chairman and managing director Krishan Kumar Modi also clarified that Kaushal's name was never considered for the post of director, adding that the appointment was a "mere suggestion" by Modi.

"Lalit Modi had proposed that Swaraj Kaushal be given the post of an alternate director, a proposal that he later withdrew. Thus the board of directors never considered his name. We have never had any discussions with Kaushal over the same," KK Modi told ANI.




However Congress isn't ready to lose their upperhand in a hurry. Seeking explanation from the government on several issues on the entire controversy that the media has hashtagged #Lalitgate, Singhvi said: "There is a complete direct factual web of deceit and avoidance and at the highest assurance of Govt."

"You are having on one hand deafening silence and on the other casual clean chits," he said, referring to BJP's support of Swaraj as well as Rajasthan CM Vasundhara Raje, who have both been connected with helping Modi.

The Congress have put forth six demands including making public minutes of a meeting it claimed Swaraj had with UK High Commissioner James Bevan in which she had favoured grant of travel documents to Lalit Modi.

The party also wanted the Prime Minister to answer whether any Union Minister's relative received any job offer from Lalit Modi recently. Congress' chief spokesman Randeep Surjewala claimed that Swaraj has herself admitted that the meeting with the UK High Commissioner had taken place.

"Minutes of the meeting in which help for Lalit Modi was sought have been recorded. They are with the External Affairs Ministry and they should be made public," he told reporters.

Surjewala also demanded that any communication by Sushma Swaraj with Bevan or UK Foreign Minister on the matter be released.

He wanted the Prime Minister to explain whether any relative of a Union Minister was made any job offer by Lalit Modi recently and what was the nature and type of the job offer.

Insisting that such an offer was indeed made, he said that there was no mention of it on the website of the PM though rules of government business demand that any minister must keep the PM informed about any such offer.

Demanding sacking of Swaraj, he reminded the Prime Minister that the Congress had adhered to the "highest standards of propriety" by asking for resignation of Madhavsinh Solanki and Natwar Singh when allegations were made against them while they were External Affairs Minister.

He said "moral and constitutional propriety" demands that the Prime Minister ask Swaraj and Rajasthan Chief Minister Vasundhara Raje to resign.

He also demanded resignation of HRD Minister Smriti Irani who is embroiled in a controversy over her educational qualifications. On charges made by Lalit Modi against Congress leaders, Surjewala said the former IPL chief was trying to divert attention from the Congress demand of resignation of Swaraj and Raje.

"The 'chhota Modi' is helping 'bada Modi'. He has become the sankatmochak (troubleshooter).... The 'chhota Modi' is acting at the instance of someone within the government and the BJP.... These are preposterous allegations.

"He is trying to divert attention from the demand of resignation," the spokesperson said, asserting that the Congress will "not lose focus and will not relent and will not stop".




The monsoon session of Parliament is just 20 days away and is expected to be a stormy affair if the Lalitgate row continued.

Other demands by Surjewala included release of all correspondence made by the Congress-led UPA with the UK over the issue of extradition of Lalit Modi and the letters written by former Finance Minister P Chidambaram to the UK authorities on the issue.

The Congress leader said that Swaraj should also make a full disclosure of how many times she had telephonic talk with the "fugitive", how many times she or any member of her family have met him or have been in touch with e-mail and other communication.

Taking a dig at the Prime Minister, he said that Narendra Modi, who once spoke of "scam-free India" was in "maunyog" (silence) despite the fact that he has promised to the people to provide corruption-free and transparent governance.

(with agency inputs)



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The Baffling Success Of Sunny Leone

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There’s a curiously distant feeling about the rise and rise of Sunny Leone, from the time she entered Indian households via Bigg Boss in 2012 to April 2015, when her film 'Ek Paheli Leela' became a hit. Soon after, she topped The Times of India list of most desirable female stars, ahead of Deepika Padukone and Katrina Kaif — no small achievement. Yet, her success feels blandly numerical, with none of the visible cultural resonance that accompanies the rise of a new star.

On consideration, it becomes apparent that this feeling arises from a certain invisibility of Leone’s fandom. The number of fans of her various Facebook pages total nearly 15 million. Yet, while images and videos earn plenty of likes, there are hardly any comments on posts. The media compounds this by constantly reporting on her with reference to her past work as a porn star (or, as she prefers to call it, adult entertainment professional), thus providing no fresh persona — a Sunny Leone of the Hindi films, distinct from her earlier avatar.

Let me just come right out and say it — Leone is one of the most boring performers I’ve ever watched. I fast forwarded my way through two of her porn films, so tedious and mechanical was their spreadsheet porn-sex. ‘Baby Doll’ may be a catchy song, but visually it is so leaden that I have never been able to watch its video through to the end, not even for the purposes of this piece. As for Ek Paheli Leela, despite my love of kitschy reincarnation dramas, I found it very easy to take my eyes off Ms Leone when she was onscreen. There’s nothing offensive about her (she is rather sweet, in fact) but there’s just nothing riveting about her either.

When I discussed this with a male friend, he said, “Well, obviously. You’re a woman.” But, as a dedicated viewer of porn, he admitted in the next breath that he wasn’t a fan of Leone’s adult videos, as they were “typical Amriki porn. Too plastic for me”. The real mystery about Leone is not how an adult entertainment artist has crossed over, with such success, to a mainstream entertainment space in India. The pertinent question is, how did someone so completely unremarkable onscreen, and possessed of such limited charisma, achieve this?

One of the reasons particular stars achieve ascendency at particular moments in history is because they somehow embody the social rhythms and cultural tendencies that are still taking shape around them. They represent the gestalt of a moment, an essence of larger social experience and aspirations that have not yet been fully recognised. Often, the officially elite culture does not have the space, vision or the means to recognise these new feelings, these still-forming quicksilver selves. What is this sense that Leone captures through her success?

"Let me just come right out and say it — Leone is one of the most boring performers I’ve ever watched. I fast forwarded my way through two of her porn films, so tedious and mechanical was their spreadsheet porn-sex. ‘Baby Doll’ may be a catchy song, but visually it is so leaden that I have never been able to watch its video through to the end, not even for the purposes of this piece."

I missed Leone’s entry into Indian living rooms via Bigg Boss because I was deep in the bowels of television production myself, working on a somewhat arty TV reality show. Called Connected Hum Tum, the show hoped to track the inner lives of contemporary urban women in India. The process of choosing characters involved meeting literally hundreds of women from varied backgrounds. Many of these were suburban or small-town women, who wanted to make it in show business. They had no real connections, training, or frankly, talent. But, they were bursting with a kind of un-channelled assertiveness, a strong need to ‘show the world what I am’. They did not want to be constrained by older identities of family, community or caution. Chetan Bhagat speaks for many young men like this. He suggests (however disingenuously) that they can shrug off the limitations of feudal India with the leveller of English.

What do these young women feel they have as a leveller, given that they come with no other advantages? It is their bodies. They represent the idea of show business not as a place of ephemeral, alchemical talent, but a labour market in which you can acquire a suitable body, which will be employable. In the nourished warren of gyms, dance classes and auditions that is Mumbai’s Oshiwara, thousands of aspirants apply themselves to this endeavour. Having a sexy body is now not a sign of your immorality, but of your professionalism and ambition. Hence, “compro” or compromise, of some sexual nature, is also looked at far more pragmatically. They have rephrased the body, from a symbol of honour and morality to an instrument of work and progress, of the entrepreneurial self. To a certain elite eye, these young people represent vulgarity and desperation. Their “indecent” aspiration finds little recognition — unlike the “decent” MBA-style aspirations of Chetan Bhagat’s following.

sunny leone

Bollywood actor Shah Rukh Khan (R) and Indian-Canadian actress Sunny Leone attend the premiere of the Hindi film Jackpot in Mumbai on December 12, 2013. AFP PHOTO/STR

It is innumerable young men and women such as these that Leone, with her surgically, impersonally perfect body and her matter-of-fact approach to it as her skill set, epitomises. Coming from an immigrant family, which left its roots to search for a better life, she represents this same unsentimental immigration which thousands of young lower middle-class Indians undertake — one which searches for new destinations, not permanent belonging, and which refuses to be imprisoned or limited by a past identity.

Because of her past work in pornography, it’s easy to place Leone at the cusp of India’s “combination of prurient prudishness and genuine tolerance” and suggest she is a “walking talking double meaning”, as writer Kai Friese recently did in The New York Times. This is the kind of truism about Indian culture that we are now used to hearing from liberal elders. That India, the land of the (yawn) Kama Sutra, has fallen into a state of sexual hypocrisy.

Double meanings can only be a source of contempt if we believe that meanings are, or should be, single. This belief in a linear truth or identity, which only allows you to be one thing at one time, which chooses to fix or expose you, is a deeply moralistic one. Whether coming from the left or the right, it is the judgmental gaze that shames people for their desires. You can do this from the left by talking about how Leone exemplifies Indian hypocrisy, in which porn stars become rich while LGBT rights are denied. You can do it from the right by raving about depravity. The purpose of this gaze, this nazar, from either direction is to shame you for routine human aspirations. It is, in fact, a classically pornographic gaze, seeking always to expose and demean you metaphorically.

"Leone never offers the victim narrative. She owns her work completely and emphasises that it has always been her choice and no one ever forced her into it. She also never resorts to bad-mouthing or stereotyping Indian culture, which many Indians do in order to set themselves apart from other natives."

As both a performer and a producer of pornography, Leone understands this gaze well and knows not only how to counter it, but how to invert it. Her masterstroke was to appear on Bigg Boss, the ultimate mainstream pornographic vehicle, in which apparently ‘decent’ people reveal their dark and ‘indecent’ selves. In her case, she did the opposite — an apparently ‘indecent’ character revealed her niceness, her (as one YouTube clip calls it) ‘cute-bhara’ self. She was courteous, soft-spoken and all family values: “Bahut accha lagta hai jab sab pyaar dete hain mummy daddy ko, hai na? I miss my parents, but they’re watching from above.” She made rotis, hung out in track pants and told Amar Upadhyay off for being handsy (“he is married and so am I”), sending out the message that she decides the terms of use when it comes to her body, as any person should.

Through this vehicle, she established a narrative that no one is defined by only one part of their identities. Yes, she is a porn star, but she is also a professional and a nice person. She established that these childish polarities of good and bad simply did not apply. To some, this is a double meaning. To many, it is just the normal complexity of all our lives, in which we are many different things at the same time. It was a much-needed message and people responded to it fervently.

For instance, Scarlett Rose, a Mumbai-based bikini model and Splitsvilla contestant, told Anushree Majumdar, who profiled Leone for The Indian Express: “Sunny is one of my role models. It’s not easy to be a bikini model; people think you’re a porn artist. When I heard that Sunny was hosting the show, I felt that here was somebody who would understand my line of work,” she says. Unlike Rose, Leone never speaks of being a porn star with even a hint of apology. On the contrary, she takes pride in her self-made identity. With practised yet never fake ease, she never submits to the attempts at shaming implicit in many interviewers’ questions. She refuses to submit to the hierarchies by which people establish themselves as acceptable by differentiating themselves, as Rose does here (“I’m not a porn star. I’m a bikini model”), or as Rakhi Sawant has done (“I’ve not done pole dancing like Sunny Leone”). She slipped up once in an early interview by saying “a porn star is not a prostitute”, but never again has she resorted to such stereotyping.



A trailer for 'Jism 2' (2012), Leone's Bollywood debut.

Leone never offers the victim narrative. She owns her work completely and emphasises that it has always been her choice and no one ever forced her into it. She also never resorts to bad-mouthing or stereotyping Indian culture, which many Indians do in order to set themselves apart from other natives. In an interview with MensXP, when asked for her response to Ekta Kapoor’s comment that India is a sex-starved country, Leone replied: “I don’t think India is a sex-starved nation. I wouldn’t say that about any country. She [Ekta Kapoor] feels that way, and she is entitled to her opinion.” She has laughed at euphemistic questions by saying she receives mail regularly from women as well as couples on how to improve their sex lives. “Sex isn’t something crazy. It happens every day, guys,” she said in one video interview.

By doing this, she acknowledges a whole other narrative of contemporary Indian sexuality — not the old one of repression and moral policing, but one of a great deal more sexual mobility. In fact, part of Leone’s relatively easy transition to the mainstream is because of the ubiquity of pornography for urban and small-town Indians, thanks to the digital sphere. Indians have the fifth highest number of daily visitors to Pornhub, and fourth highest in accessing it from mobile devices. Given this fact, the transition of a body from the pornographic to the cinematographic space is not really so startling. It is travelling from the private to the public space, sure, but it is also travelling from one everyday space to another one.

Leone also never falls into any other cultural stereotyping. When asked in another interview about what she thought about excessive violence against women in India she merely said, “This is applicable to any country in the world. If our teachers and parents teach us differently, the message will go out.” The Leslee Udwins and the right-wing moralisers sure could take this leaf out of Leone’s book.

So, Leone is the other NRI, the one no one talks about and the one the prime minister doesn’t address — the one who isn’t ashamed of India. She speaks well of those other Indians who make a complex interweave of private and public selves, of where they are coming from and where they want to go to create a life for themselves, rather than constantly engaging in defining the idea of India.

Despite all this non-denominational journey of individuality, Leone, in what may seem like hypocrisy to some and dexterity to others (like myself), never challenges basic traditional niceties. Consider that she arrived on Bigg Boss the way most women arrive in their sasurals — in a doli. The other F word is big in her vocabulary — family. She spoke of Ekta Kapoor and Pooja Bhatt, her first producers, as treating her like family. Her earthy immigrant Punjabi is reassuring. She speaks respectfully of her parents (as indeed of all people). Her demeanour is winning — I found myself quite in love after watching many of her intelligent, confident, always courteous interviews.

She does not challenge family structures — and this is very crucial for success in India, because the family, no matter what you do in it, is still the primary social unit for our culture. Her frontal partnership with her husband also makes Indians comfortable. It allows Salman Khan to say about her: “Unka kaam hai — jo bhi hai unke family mein kuch aitraaz nahin hai.” The idea of a woman not connected to anyone is one Indians continue to find dangerous, unnerving. It is a reminder of the goddess unbound. A woman who belongs with a man allows people to accept much more. Unlike Rakhi Sawant, Mallika Sherawat or Sherlyn Chopra, Leone is not interested in directly speaking up about patriarchy or social injustice, as much as she is in swimming past it quickly.

While Leone definitely signifies a break from certain past identities and modes, she is also part of a certain continuity. A porn professional today is only the contemporary extension of how women usually entered the film industry in the past — sometimes from the world of tawaifs or bar-dancing communities and certainly through arduous trysts with casting couches. This belonged to a time when people entered the film industry from mixed backgrounds and remade themselves, too, when the film industry was the location of so much miscegenation.

Today, families and businesses have been around for two or three generations and words such as pedigree and legacy, which were meaningless before, are bandied about. Second- and third-generation filmy families have made parts — but not the whole — of the industry respectable for their daughters to inhabit, and some other women like them. Corporatisation has provided a finishing patina. The bodies of Deepika Padukone, Kareena Kapoor et al carry a different meaning than heroine’s bodies in the past. Any respectability one claimed came from the division of heroine and vamp, but it was a tenuous one.

However, the barrier that once existed between the heroine and the vamp has now been recast as a class difference. This is why Deepika and Kareena are in A-list films, while Emraan Hashmi and various interchangeable women inhabit the B-plus world of Vishesh Films. It is in this B-plus world that Leone rules. Can she break through that barrier? In response, we need only turn to Leone’s own wisdom and insight. As she said in an interview before the release of her film Jism 2: “There’s nothing too crazy in the film. You aren’t going to see anything here that you haven’t seen before. In India, you know, you can push the envelope, you can’t crack it open.” If she cracks it open, then forever and ever ‘Chitthi aayi hai’ shall be a song dedicated to Sunny Leone.

The original piece, published in Man's World India, can be read here.

Read: The Ten Commandments Of 'Ek Paheli Leela'




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PM Modi Launches Digital India Promising Lakhs Of Jobs

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NEW DELHI -- Prime Minister Narendra Modi has launched an ambitious initiative to digitise India by making Internet access available to over two lakh villages by 2019, promoting e-governance, e-banking, e. education and e-health, and transforming India into a knowledge economy.

Covering issues ranging from cyber security and promoting startups to digital highways and "Design in India," Modi said that his government will invest Rs4.5 lakh crores in the Digital India program which will generate 18 lakh jobs.

"I dream of a Digital India where the world looks at India for the next big idea," Modi said at the launch in Delhi on Wednesday.
"I dream of a Digital India where government is open, and governance is transparent."

The Digital India launch in the capital was attended by 10,000 people including the Modi government's top political brass and the most powerful industrialists in the country who announced their pledges to the program.

Reliance Industries (RIL) Chairman Mukesh Ambani said that he will invest Rs2.5 lakh crores which will create employment
for over five lakh people. Ambani described Digital India as a "momentous occasion in the history of modern India" in which the government was moving faster than industry.

Cyrus Mistry said that Tata Group will hire 60,000 IT professionals, this year. K.M. Birla said that the Aditya Birla Group would invest Rs44,500 crores in next five years in the infra and digital space.

Finance Minister Arun Jaitley said that cheques will become obsolete in India as more people will do their banking through the Internet. "We want to make technology the way of life in India," he said.

In his speech, Modi questioned why is that "innovation" does not happen inside India. "I dream of a digital India where 1.2 billion connected Indians drive innovation," he said, promising help to all those who were working in Startups. "Design In India is as important as Make In India."

In his 30 minute speech the prime minister said people once settled near rivers and then highways, but now they settled where optical fibres run.

"E-Governance is going to change into M-Governance," he said. "M is not Modi Governance. It is mobile governance."




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An Excellent Supreme Court Decision Is Marred By The Linking Of Honour And Rape

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NEW DELHI -- The Supreme Court today made an excellent ruling--mediation, compromise or settlement should not be encouraged in cases of rape or attempted rape. The ruling is timely. Just last week, the Madras high court outraged the country when it granted bail to a rape convict so he could try mediation and settlement with the victim.

The apex court verdict today was not linked to the Madras high court move, but came while hearing an appeal in a separate rape case involving a minor in Madhya Pradesh. But parts of the judgment contains a recurring and troubling theme of the mainstream discourse around rape in India--the patriarchal tendency to link the crime to a woman's honour and dignity.

READ: Supreme Court Says Settlement In Rape Cases Is A 'Spectacular Error'

Rape, Justice Dipak Misra and Justice Prafulla C. Pant wrote, sullies the reputation of a woman -- perpetrating a notion and association that women's rights activists have tried to fight in recent years.

These are crimes against the body of a woman which is her own temple. These are offences which suffocate the breath of life and sully the reputation. And reputation, needless to emphasise, is the richest jewel one can conceive of in life. No one would allow it to be extinguished. When a human frame is defiled, the “purest treasure”, is lost. Dignity of a woman is a part of her non-perishable and immortal self and no one should ever think of painting it in clay. There cannot be a compromise or settlement as it would be against her honour which matters 12 the most. It is sacrosanct.


Shyam Narain v. State (NCT of Delhi), a 2013 judgment cited by the Supreme Court, reads:

No member of society can afford to conceive the idea that he can create a hollow in the honour of a woman. Such thinking is not only lamentable but also deplorable. It would not be an exaggeration to say that the thought of sullying the physical frame of a woman is the demolition of the accepted civilised norm i.e. physical morality."


The issue is one of consent, irrespective of whether it is a man or woman. It's not about the "body being a temple", said senior advocate Indira Jaising. "These judges just don't get it. Dignity is a gender neutral concept. Why does it only come up when a woman is raped," she said. "This is very disturbing."

Women's rights advocates HuffPost spoke with said they found the framing problematic. How does such a framework treat the "dignity" of a man or a transgender who is raped, and what about the "dignity" of a woman who is not a virgin or has consensual sex? Is the "dignity" of a woman not "sullied" when she is raped by her husband?

"Even those in the higher judiciary are overhearing us but they are not understanding us," noted human rights lawyer Vrinda Grover told HuffPost India. "The discourse has to be about consent and sexual autonomy, not dignity, chastity and honour."

Grover said that linking honour to rape has also hindered Indian courts from recognising marital rape as a crime because the questions of dignity and chastity did not arise when a wife is assaulted by her husband. The lawyer also pointed out that the definition of rape was no longer restricted to peno-vaginal penetration which begged the question whether a woman's "honour" was destroyed by other forms of sexual assault.

Another troubling aspect of linking honour to woman's reputation is that it puts the onus of protecting her honour on the woman, said Ranjana Kumari, who heads the Centre for Social Research. She also becomes the repository of family honour.

"Rape is a crime of violence and patriarchy. It has nothing do with honour. But these cultural considerations are still behind the judgments," she said.

The consequence of this discourse, Kumari says, is that stripping a woman of that "honour" becomes a form of punishment. "So rape becomes a form of punishment. Upper caste men will use it agains Dalit women. Rape becomes weapon during war," she said.



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Flipkart Offers 24 Week Maternity Leave, Flexi Hours After Rejoining Work

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Flipkart, India's biggest e-commerce company, has announced new policies on maternity leave and flexi hours, aimed at making itself a better workplace for women.




New incentives include six months paid leave for all new mothers, twice the statutory requirement of 12 weeks. After re-joining, they can work flexi hours for four months. Alternatively, they can choose to take a year-long break and come back to work at available positions at the time.

In addition, the company is offering Rs600 per day in transport reimbursement for two months before going on maternity leave, and a dedicated parking spot two months before and after delivery. Flipkart will also provide hospitalization cover, and day-care centres.

Flipkart's move comes amidst similar such announcements by companies such as Godrej, Hindustan Lever, Citibank, Accenture and Vodafone among others.

For instance, Citibank is offering childcare allowance of Rs 1.32 lakh above salary for new mothers. Hindustan Lever offers 180 days of maternity leave to all employees and has extended that to new recruits as well. At Vodafone, women employees get 16 weeks of paid maternity leave and get full pay for working 30-hours a week for six months after rejoining work.

And at Accenture, women employees get paid leave of 22 weeks, and those who adopt a child get eight weeks of paid leave.

India faces high attrition of women from the work force after marriage. It has one of the lowest participation of women in the workforce anywhere in the world. A 2013 World Bank study found that only 27% of women above 15 were part of the workforce.

More liberal maternity-linked policies and flexi hours will help encourage women stay and thrive at the workplace.



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Tired Of Unkept Promises, This Haryana Village Crowdfunded Rs 1 Crore To Build A Bridge

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Protest against bureaucracy and red tapism in India is not uncommon. But, not often will you see a bunch of people rising up against it to make a difference.

Villagers from Haryana's Sirsa district just set a perfect example for the rest of us by crowdfunding Rs 1 crore to build a bridge for their daily commute.

According to an Economic Times report, Haryana villagers wanted a bridge over Ghaggar river so that they could reach Sirsa town with their farm produce faster to get easier access to markets in Punjab. When their plea to politicians and bureaucrats fell on deaf ears, they teamed up to built a 250-foot-long, 14-foot-wide bridge.

The bridge connects Aleeka and Panihari villages to Sirsa.

One of the villagers, Hardev Singh, told Economic Times that they are not inviting any politicians for the inauguration.
"For us, a labourer who contributed Rs 500 and a widow who contributed her pension of Rs 1,000 are more important than those who fooled us for more than three decades,'' he said.

Hardev Singh was the man who came up with the idea of building the bridge. On a visit to Rajasthan, Singh came across an engineer who was supervising construction of a government bridge. Singh then discussed the idea with his fellow villagers and decided to make their own bridge.

The construction work that started in April last year, is near completion now. Once completed, the bridge will be a lifeline for 1.25 lakh people.

Recently, fed up with the civic authorities who failed to repair a pothole in the middle of the Sulthanpalya Main Road in north Bangalore, artist Baadal Nanjundaswamy turned the giant pothole into an artificial pond by planting the life sized crocodile in it.

After his pictures grabbed some attention on social media, the Bangalore municipal corporation covered up the pothole in just a day.

If you had doubts about the power of 'Aam Aadmi', the Haryana villagers story will make you believe otherwise.



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Britain's Prince Is Raising Funds To Save Asian Elephants In India

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The Asian elephant has a new champion — Britain's Prince Charles.

On Tuesday, the Prince and his wife Camilia launched an ambitious fund-raising drive for the elephants' conservation by putting on auction 20 intricately-designed auto-rickshaws and a 10-foot model elephant named 'Tara'. The auction by Sotheby's in the gardens of Lancaster House helped raise 700,000 pounds (about Rs 6.9 crores), which will form part of the 1-million-pound fundraising drive for the 'Travels to My Elephant' campaign aimed at creating safe corridors for wild elephants in Assam.

With the number of these elephants decreasing rapidly, it is feared that these elephants may face extinction by 2050. According to the World Wildlife Fund, there are as few as 20-25,000 such elephants left in the world, with loss of habitat and poaching for ivory cited as major reasons for this.

Read: The Asian Elephant Vanishes: Once Revered Animal Becomes Consumer Product

Prince Charles, who is the joint president of the Elephant Family, which is running the campaign along with Quintessentially Foundation, said, "This is an enormously important cause, particularly because of its human-animal dimension. The establishment of corridors has the ability to transform the lives of the local farmers. If we can just complete the Assam corridor, it would make a fantastic difference in that part of India."

The campaign was launched earlier this year in memory of conservationist Mark Shand, the founder of the Elephant Family charity. Shand, who died suddenly in 2014, was also Camilla's brother. He wrote "Travels on my Elephant", which tells the story of his 1,000-mile journey across India on an Asian Elephant, Tara. Shand had rescued Tara in 1988 from "a life of begging and misery on the streets of India."

asian elephant
Britain's Camilla, Duchess of Cornwall, is shown a rickshaw designed by her sister Annabel Elliot and Luke Irwin.

An autorickshaw called 'Tara Taxi' was sold to British financier Evelyn de Rothschild for 100,000 pounds (close to Rs 1 crore) on Tuesday while 'Calcutta 74' created by Indian fashion designer Sabyasachi Mukherjee was sold to ex-Beatle George Harrison's widow Olivia for 55,000 pounds (roughly Rs 55 lakhs). Meanwhile Hilary Weston, owner of high-end department store chain Selfridges, bought two autorickshaws for a total of 80,000 pounds (Rs 80 lakhs).

Five conservational NGOs, including Wildlife Trust of India, Elephant Family, International Fund for Animal Welfare, IUCN Netherlands and World Land Trust, have signed a memorandum of understanding (MoU) to raise around 20 million pounds to create 100 elephant corridors in India by 2025.

The 'Travels to My Elephant' campaign will see a fleet of 30 rickshaws race 500 kilometres as part of a planned "epic Indian adventure" across Madhya Pradesh to the elephant Tara's home at Kipling Camp.

"Journeying through some of the country's most colourful and awe-inspiring countryside, from the erotic sculptures at Khajuraho to the tiger reserves of Bandhavgarh National Park, teams of two from all corners of the globe will take on the unique challenge," an Elephant Family statement said.

(with PTI inputs)



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Video: Watch The First Official Trailer For Abhishek Bachchan-Rishi Kapoor Starrer 'All Is Well'

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The trailer for Abhishek Bachchan and Rishi Kapoor-starrer 'All Is Well' is out, and the movie release date has been set for August 21 this year. The family drama, directed by Umesh Shukla (remember 'OMG – Oh My God!'?) will also feature Asin and Supriya Pathak in lead roles.

The film's shooting began in October 2013 and has been shot in Nashik, Himachal Pradesh, Sikkim, Dubai and London.

Watch the trailer below.





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Coldplay's Chris Martin Played A Secret Acoustic Set At A Bar In Delhi Whaaaaat?!

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If you're a Coldplay fan who lives in New Delhi, prepare to feel really, really terrible about your existence.





Yep, that's Chris Martin, lead singer of the multiple-Grammy-winning British rock band, singing nonchalantly as music composer Vishal Dadlani stands next to him taking selfies. This insanely secret set took place at Summer House Cafe in Delhi's Hauz Khas village late on Wednesday night in front of a select bunch of people that included musician Raghu Dixit, actress Freida Pinto, folk-rock musician Raghu Dixit, and comedy collective All India Bakchod, who got the opportunity to introduce Martin before the unsuspecting (or not; we're questioning everything right now) crowd.




Here's another video from another angle, in case you're still having trouble believing that this happened, with Martin playing 'Paradise' as the insane lucky guests at this do sing along in unison.




It was past midnight on Thursday by the time the news reached social media, but enough people got their hearts broken as 'Chris Martin' trended nation-wide on Twitter.
















Since many people associated with events and artiste management company Only Much Louder, such as CEO Vijay Nair, were spotted at the set, there was some speculation that this could be an announcement for something bigger, such as Coldplay actually coming down to India to perform at one of the upcoming NH7 Weekender festivals (which are organised by OML).

However, Nair denied that this utterly random, crazy night had anything to do with a possible Coldplay gig at one of their festivals.




Hmm. Okay then.

UPDATE: But wait. What's up with this then, huh?




coldplay

HOLY.




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FabFurnish Founders Step Down After Investor Rocket Internet Reshuffles Management

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NEW DELHI — Online home furniture and furnishings retailer FabFurnish.com became the second company in less than a day in which investors asked the founders to step aside.

Co-founders Vikram Chopra and Mehul Agrawal have quit as the chief executive officer and managing director, respectively, the company said in a statement. The announcement was made by Berlin-based Rocket Internet SE, which is a major investor in FabFurnish along with Sweden’s Investment AB Kinnevik.

Ashish Garg and Ankita Dabas, both senior directors, will now head the firm. FabFurnish is in a tussle with e-commerce players such as Urban Ladder and Pepperfry to gain more customers in an intensely competitive market.

"We plan to reposition to keep pace with the evolving market trends and customer preferences in the near future. In order to achieve this goal, the company has restructured its senior management to bring about a 360-degree reformation in the work culture and organisational composition," a company statement said.

Earlier on Wednesday, Housing sacked co-founder and CEO Rahul Yadav, citing issues with his conduct that led to multiple controversies. But unlike Housing, which broke off all relationship with Yadav, FabFurnish will retain Chopra and Agrawal as advisors to the startup.

Rocket Internet has been concerned about the performance of its brands in India. Recently, it changed the management of Foodpanda India, the online food ordering service that faces a big competition in Zomato, which recently started a similar service. Other brands that Rocket Internet has invested in India include Jabong, the e-commerce company, and PricePanda, Couponation, OfficeYes, PrintVenue and Wimdu.

Rocket has been known to copy business models of successful startups in the online space, such as Groupon Inc, Airbnb and Alibaba, and adapting them in other markets.


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WATCH: Stalin Slaps A Passenger In The Chennai Metro

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Indian politicians are behaving exceptionally badly, this week.

After Union Minister Kiren Rijiju forced passengers to deplane so that he could get a seat on an Air India flight in Leh, DMK leader M.K. Stalin, son of former Chief Minister M Karunanidhi, has been caught on video slapping a passenger while traveling in the Chennai Metro on Wednesday.

READ: Air India Offloaded 4 Passengers To Make Way For Kiren Rijiju

NewsCrunch reported that the passenger was a DMK supporter who got too close to Stalin.



Stalin has denied slapping the passenger.

"The man was blocking the way and stepped on people's feet. I was directing him to an emptier space but didn't mean to slap him. Jayalalithaa didn't attend the opening of Metro rail project. So, to divert people from that, she is accusing me of slapping a passenger," the DMK leader said.

"The man was party cadre who accompanied me on the trip. I asked him to move and while waving my hand it touched his face by mistake," he said.

Tamil Nadu Chief Minister Jayalalithaa has condemned the slap. "Stalin's behavior doesn't augur well as an MLA. All are equal in public places. Nobody is inferior. Stalin should maintain dignity," she said in a statement, NDTV reported.

Stalin's former colleague, Khushbu, who is currently the Congress spokesperson, defended him by suggesting that it was "just a flick to the cheek."

"It is not a slap. It's just a flick on the cheek. Only a portion of the video is being circulated and has gone viral. It is a conspiracy to spoil the image of Stalin. He never reacts like that unless he is pushed," she said on NDTV.

Slap or flick? Tell us after watching this video.




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Trailer Of Madhur Bhandarkar's New Film Is Out, But It's Nothing You Haven't Seen Before

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If you've been waiting to see the trailer of Madhur Bhandarkar's new film 'Calendar Girls', this is as good time as any to tell you not to hold your breath.

Here's why.

Featuring five fresh faces who play women clawing their way up the exploitative modelling industry, the trailer itself is old wine in a relabelled bottle. It checks all the boxes that Bhandarkar's films are typically known for. It takes you behind the scene of the glamour industry -- to the raw exploitation and the sexism that drive the ambitious people who are a part of it.



The story line is fairly predictable; Bhandarkar sticks to the one formula he knows and applies in all his films. The five actresses –- Avani Modi, Satarupa Pyne, Kyra Dutt, Akanksha Puri and Ruhi Singh -- are pretty faces who lead the fashion industry. Their subsequent fall is not dissimilar to Priyanka Chopra's fate in 'Fashion'. The Sangeeta Ahir produced-film does not feature any male leads, although there is a character modelled on liquor baron Vijay Mallya.

Actor Rohit Roy is also seen, taking on noted fashion photographer Atul Kasbekar's role in the movie.

Though replete with photo shoots and yachts on scenic beaches and racy bikinis, Bhandarkar has said there are no nude scenes in his film.

calendar girls

The director's last film was 'Heroine' starring actress Kareena Kapoor.


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How Gangster Chhota Shakeel Nearly Managed To Bump Off Chhota Rajan Earlier This Year

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The rivalry between Rajendra Sadashiv Nikhalje alias Chhota Rajan and his former boss Dawood Ibrahim is legendary in Mumbai's underworld. In the past few years, their respective gangs have planned unsuccessful hits on each other's bosses.

Intelligence agencies recently intercepted an interesting call between another notorious gangster Chhota Shakeel and Rajan's aide. According to the Times of India, which claimed to have the call intercepts, Dawood, along with underworld don Chhota Shakeel, planned to kill Rajan earlier this year, but again, without success.

The intercepts showed a surge in calls from Karachi to a person in India in April this year. Intelligence officials listening in found that the conversations were being conducted in a mix of Hindi and Urdu.

Shakeel is said to have found out the exact location where the 'Hindu don' was suspected to be.

Shakeel is heard convincing Rajan's aide to rat out his boss. "He has been trying to project us in bad light and pretends to be a patriot," Shakeel tells Rajan's aide. Shakeel also promised a generous reward to the aide for information.

"Last time, too, he had a narrow escape. You just open up and help us. We will make sure he is taken this time (sic)," Shakeel is heard saying. He also promised to 'take care' of the aide.

After the aide gave away Rajan's location in Australia, a few shooters were dispatched from a Middle-East country. However, a mysterious benefactor of Rajan alerted him and he went underground.

This wasn't the first time Rajan experienced a narrow escape. In September 2000, Rajan was tracked down in Bangkok by members of the Chhota Shakeel gang and was shot at. During this firing incident, Rajan, who was using the alias of Vijay Kadam, was admitted to a hospital by Thai police who did not know his real identity.

His gang members saved him by hatching a daring escape plan and with the help of pulleys and ropes. They heaved an injured Rajan from the fourth floor of the hospital to a waiting van and fled with him to the Cambodian border.

Rajan was a close aide of Dawood till the two parted ways over the latter’s role in the Bombay blasts in 1993. After the blasts, they fell out completely, with Rajan positioning himself as a ‘patriotic don’.



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, and challenging the hegemony of Dawood as a “people’s gangster”.

Madrasa Students Will Be Considered 'Out-Of-School', Says Maharashtra Govt

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The Maharashtra government has said that the children studying in madrasas (Islamic educational institutes) qualify as "out-of-school" and the state education department will conduct a one-day general survey on Saturday to identify these these students.

The government has also said that the madrasas which do not teach primary subjects such as English, Maths and Science would be considered as 'non-schools'.

"Those schools which do not follow the curriculum approved by the state government, will not be recognised as schools," said Minister of State for Social Justice Dilip Kamble on Thursday. "Therefore, children studying in madrasas or in any other institutions based only on religious studies will not be counted among school students."

A public interest litigation challenging this survey has been filed at the Bombay High Court, but the Nagpur bench of the HC yesterday refused to pass an interim order over the survey. According to the PIL, students pursuing open and non-formal education should not be considered "out-of-school". The PIL has also said that the state education department plans to ink fingers of the children during the survey, which is a violation of children's rights, it said.

Even though the survey was announced earlier in May and Muslim leaders were informed about it last month, they were not told that students going to madrasas would be counted among the "out-of-school" children, they alleged.

The move by the state BJP government has found stiff opposition from Congress, which had announced scholarships for students in madrasas last year. "Madrasas give religious education and many students from madrasas have later studied at secular institutions and went on to crack civil services exam. They should not be considered out of school," said Congress MLA Amin Patel.

According to 2013 data provided by the state directorate of minorities, 1.48 lakh students were enrolled in 1,889 madrasas in Maharashtra.



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7 Things You Should Know About Modi's Digital India Programme

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Prime Minister Narendra Modi's Digital India programme is like a giant umbrella under which several big projects will run, aiming to bring broadband speeds to India's rural areas, which suffer from lack of connectivity.

"E-Governance is going to change into M-Governance," he said. "M is not Modi Governance. It is mobile governance," Modi said at the launch Wednesday.

Digital India will be vast in scale, and ambitious in its aims in true Modi style. India's top businessmen committed Rs 4.5 lakh crore to build various parts of the program, expected to generate 18 lakh jobs. Modi hopes to reduce corruption in government services by making most of that available online.

So what exactly will Digital India do with such colossal investments? Here are seven things you need to know about it:

1. Broadband Highways: Modi has said that India is suffering from digital divide - meaning there are millions of people who do no have access to broadband and the opportunities it presents - and that needs to be bridged. Broadband highways will be routes through which internet connectivity will reach 2,50,000 gram panchayats by December 2016. Reliance Jio's 4G plans will also figure in this ambitious programme, which will make for a National Fibre Optic Network by 2016.

2. Digital Locker: This online locker will be able to store all documents issued to you by the government, and will require an Aadhar card as identification for the first time. After that you will be able to set your own password and even link it with a Google or Facebook account. Services such as passport applications might become fully online when the relevant authorities are able to access your verified documents online. You won't be required to go to a government office with a folder full of documents.

3. Mobile connectivity: Over 42,000 villages will have seamless mobile connectivity by 2018. This will require Rs 20,000 crore worth of investment, and companies such as Airtel, Idea and Reliance will all play a role along with state-owned BSNL and MTNL.

4. e-Kranti: This is perhaps the biggest program within Digital India, and focusses on a mobile-first approach. That means integrating public programmes on single portals, and using technology for their implementation and for public grievance system when they don't work well. The government will also fast track approvals using IT, and mandate standards and protocols for software and hardware. A National Cyber Security Co-ordination Centre will be set up to combat cyber attacks, which have the potential to disrupt large parts of Digital India. Major IT companies such as TCS, Wipro and Infosys are expected to work on projects to make this possible.

5. Jobs: Business Process Outsourcing (BPO) centres will be set up in states that have lagged in development, such as the North-Eastern states and rural areas. One crore students will be trained in smaller towns and cities in five years, to develop a skilled workforce for such BPOs and the IT sector. Telecom service providers have agreed to train 5 lakh people in smaller towns to work in their projects.

6. Manufacturing: Digital India seeks to spur electronics manufacturing to the extent that there would be net zero imports — that is exports will equal imports — by 2020.

7. MyGov: This website crowdsources ideas from the public for design of programmes such as better traffic management, using big data for making cities smarter, and even for the PMO's mobile app among many others. The idea is to start new programmes in consultation with informed citizens for better implementation.

READ: PM Modi Launches Digital India Promising Lakhs Of Jobs


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Kashmir Human Rights: India Has Failed Its Own Constitution, Says Amnesty International India

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In a damning report, Amnesty International has said that no member of the security forces in Kashmir has ever been tried for human rights abuse in a civilian court since 1990, when the Armed Forces Special Powers Act (AFSPA) came into force in the conflict-ravaged region.

Section 7 of this draconian law shields military personnel from prosecution without the permission of the central government.

"Protection of persons acting in good faith under this Act: No prosecution, suit or other legal proceeding shall be instituted, except with the previous sanction of the Central Government, against any person in respect of anything done or purported to be done in exercise of the powers conferred by this Act."


The release of this report by the human rights group on Wednesday marks the passing of 25 years since AFSPA came into force on July 5.

"Till now, not a single member of the security forces deployed in the state has been tried for human rights violations in a civilian court," said Minar Pimple, senior director for global operations at Amnesty International. "This lack of accountability has in turn facilitated other serious abuses.”

The report, which is based on interviews with 58 family members of alleged victims of human right violations, said the central government has denied permission to prosecute under section 7 of the AFSPA in every case brought against army or military personnel.

“Not a single family interviewed for the report had been informed by the authorities of the status or outcome of a sanction request in relation to their case,” said Divya Iyer, research manager at Amnesty International India.

India and Pakistan have fought three wars over Kashmir, which is divided between the rival neighbours, but both sides lay claim to the Valley in its entirety. It is estimated that around 300,000 Indian troops are stationed in Jammu and Kashmir, one of the most heavily militarised regions in the world, where India has fought against a Pakistan-backed militancy since the eighties.

The militancy, which peaked in the nineties, has claimed thousands of lives, many of them civilians, who have been caught in the crossfire between the Indian troops and the insurgents.

On Thursday, Home Minister Rajnath Singh said AFSPA would be withdrawn when the situation is conducive, PTI reported.




In its study, Amnesty International found that the army had dismissed more than 96 percent of all allegations of human rights violations as “false” or “baseless," but the reasons for doing so were not made public, and most internal investigations as well as military trials are carried out in secrecy.

“By not addressing human rights violations committed by security force personnel in the name of national security, India has not only failed to uphold its international obligations, but has also failed its own Constitution,” said Pimple.

Last year, a military tribunal sentenced five army men to life in jail for killing three young men in Jammu and Kashmir's Machil in 2010, falsely claiming they were militants.

In its report, Amnesty International welcomed this decision, but said that cases of human rights violations should be tried in civilian courts for "justice to be consistently delivered."



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Kiren Rijiju Apologizes After 3 Passengers Offloaded To Make Way For Ministers In Air India Flight

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Union Minister of State for Home Affairs, Kiren Rijiju, has apologized to the passengers who were offloaded from a Leh-Delhi Air India flight to make way for him, another minister and an aide.

"I am ready to apologise to the off-loaded passengers. They deserve to be treated property," Mr Rijiju told NDTV, after a video of the incident was broadcast on national TV channels.

Rijiju had earlier claimed that the flight was not delayed, and that he was being blamed wrongly. But a report by the Indian Air Force said that there were instructions to delay the Air India flight on June 24, and the reason was this: "to accommodate a VIP (Mos MHA)". The three people offloaded were GV Srinivas, his wife GV Neelam and their son Dhruv Aryan. Their boarding passes were cancelled when the ministers arrived. Other passengers shouted slogans against the ministers, and some recorded the incident on their mobile phones which were later shown on TV.

They were offloaded from an Air India flight at Leh airport to accommodate Rijiju, Nirmal Singh, deputy chief minister of Jammu and Kashmir, and an aide. This happened after the flight was delayed as the airline opted to wait for the ministers to arrive. The flight, scheduled for 10.20 am, managed to fly only by 11.12 am, according to the IAF report.

This is the second case of VIP culture severely inconveniencing the average person. On Monday, an Air India flight to New York was delayed by nearly an hour in Mumbai after Maharashtra chief minister Devendra Fadnavis's secretary forgot to bring his new passport which had the US visa stamp on it. Fadnavis also refused to leave without his secretary. So the flight was delayed until the officer sent for his passport and it was delivered at the airport.

Former chief minister Prithviraj Chavan today demanded that Fadnavis apologise for causing inconvenience to over 200 passengers. "I have already demanded a full fledged probe by the Civil Aviation Ministry and sought action against whoever was responsible for the flight delay. Only a thorough inquiry can find whether Fadnavis is telling the truth or if the Air India officials are telling the truth," Chavan told PTI.

The Prime Minister's Office (PMO) has asked for an explanation from the Civil Aviation ministry on the two incidents, TV channels reported.


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Amazon Leads Rs 375 Crore Investment In BankBazaar

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Amazon.com Inc. has led a $60 million (Rs 375 crore) funding round in online financial products retailer BankBazaar.com.

The Chennai-based company sells third party financial products such as credit cards, home loans, and insurance products. It was founded in 2008 by Adhil Shetty, who is also the chief executive officer.

Other investors in this round included Fidelity Growth Partners and Mousse Partners. Existing investors Sequoia Capital and Walden International also participated.

"The company has made great strides in the last two years and become the premier consumer destination for financial products. With this fund raise, BankBazaar plans to innovate even more to provide the best and fastest experience for consumers", said Gautam Mago, Managing Director, Sequoia Capital, in a statement.

BankBazaar will use the funds to expand its operations, including hiring more people and upgrading its mobile app. It will also spend on marketing and branding efforts for new financial products it plans to offer. The bank has partnered with 23 banks, up from 10 in 2009.

"We are committed to enabling an easy, convenient and trustworthy purchase experience for consumers focusing on financial products be it loans, credit cards or any other personal finance products," said Shetty in a statement. He had left his job with Deloitte Touche Tomahatsu in New York in 2007 to come back and start the company a year later.

This is Amazon's second investment in India. It had acquired a minority stake in gift card company QwikCilver for $10 million in December. That round was led by Amazon Asia Pacific, the Singapore-based unit of the world's biggest online retailer.


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