Friday, March 11, 2011


Fathima Muzaffer, the daughter of late Sirajul Millath Abdul Samad, (one of the key architects of Indian Union Muslim League), has a bitter cry and a vociferous protest against the seat sharing with ruling party DMK. She claims as the chief of "Women's Wing" of IUML,in an email she circulated,this morning.

Fathima Muzaffer feels that the legacy of IUML has been lost, on very fact while “the general council of IUML Tamil Nadu, held on February 24, 2011, at Nagore, concluded seats sharing was not less than “three” a pact of alliance with DMK, and  it was also decided to retain its own symbol to contest the poll"

But a shift over to contest with DMK symbol, and losing one more seat, she feels as if sounding  a shot on her arms,according to the email from Fathima Muzaffer. She further questions the ability of forecasting and courage of the IUML leadership to contest the forthcoming poll.

In a SMS message to Amity India, Fathima Muzaffar has furious feel, addressing the top leaders of IUML, saying,” We are humiliated by your unilateral decision”

While speaking to Amity India, she laments telling,” Umpteen numbers of  emails,sms sent to senior leaders such as Hon. Union Minister Mr.E.Ahmed,State President Mr.K.Khader Mohideen,to retain our prestige went to deaf years”she said.

When Amity India spoke to the TN State President Mr.Khader Mohideen (former MP) asking his reaction said,” This woman has the habit of finding faults with us in every poll occasion. This is the fourth time she repeats”. Amity India further probed his opinion on her, he said, "One who does not obey the dictum of the party, I have to say nothing about her”

Mr.Abdur Rahman MP (Vellore Constituency) has reacted to one of the readers of Fathima Muzaffer's email,a sympathizer of IUML,  through his iPhone as under:

Excellent brother Hassan.

All your words have shown your maturity and steadfastness upon our party. Pl watch, wait and see the result of farsightedness. Three minus one is NOT TWO. Our leader will prove his unique method of strategy. Pl wait for a day.

Abdul Rahman
- Sent from my iPhone

On Mar 10, 2011, at 10:30 PM, "V.M.T.Mohamed Hasan"

While Amity India made an attempt of earnest probing, as a neutral media, through sms to Mr.Abdul Rahman MP seeking his reaction, he remained silent  till posting of this blog.

When asked that what would be Fathima Muzaffer’s stand at this juncture, she retorted, “We are contesting in our own symbol, we have the support and people respect us”


In our last letter we just touched different types of letters of credit,the instruments that help recovery of export proceeds. Observe the details of each type of letter of credit and its weight and value explained in  detail. The aspirants are advised to save these details; the same terminologies will be referred in our due correspondence.  Read our CAREER GUIDANCE REGULARLY ,there are  opportunities that you could speak to the sellers and buyers, when we publish their contact details.

                              A Business meeting
The Letter of Credit

A letter of credit is a document typically issued by a bank or financial institution, which authorizes the recipient of the letter (the "customer" of the bank) to draw amounts of money up to a specified total, consistent with any terms and conditions set forth in the letter. This usually occurs where the bank's customer seeks to assure a seller (the "beneficiary") that it will receive payment for any goods it sells to the customer.

For example, the bank might extend the letter of credit conditioned upon the beneficiary's providing documentation that the goods purchased with the line of credit have been shipped to the customer. The customer may use the letter of credit to assure the beneficiary that, if it satisfies the conditions set forth in the letter, it will be paid for any goods it sells and ships to the customer.
In simple terms, a letter of credit could be said to document a bank customer's line of credit, and any terms associated with its use of that line of credit. Letters of credit are most commonly used in association with long-distance and international commercial transactions.

Confirmed Letter of Credit

A letter of credit, issued by a foreign bank, which has been verified and guaranteed by a domestic bank in the event of default by the foreign bank or buyer. Typically, this form of letter of credit will be sought when a domestic exporter seeks assurance of payment from a foreign importer.

Commercial Letter of Credit

A commercial letter of credit assures the seller that the bank will provide payment for any goods or merchandise shipped to the bank's customer, assuming the seller provides any required documentation of the transaction and its shipment of the purchased goods.

Irrevocable Letter of Credit

An irrevocable letter of credit includes a guarantee by the issuing bank that if all of the terms and conditions set forth in the letter are satisfied by the beneficiary, the letter of credit will be honored.

Revocable Letter of Credit

An revocable letter of credit may be cancelled or modified after its date of issue, by the issuing bank.

Standby Letter of Credit

In the event that the bank's customer defaults on a payment to the beneficiary, and the beneficiary documents proof of its loss consistent with any terms set forth in the letter, a standby letter of credit may be used by the beneficiary to secure payment from the issuing bank.

Kanimozhi to be questioned by CBI

UPDATED  10/3/2011 4:18:23 PM
New Delhi: CBI is expected to call DMK MP and Tamil Nadu Chief Minister M Karunanidhi`s daughter Kanimozhi for questioning in connection with the 2G spectrum scam.

Agency sources said the questioning may take place before the CBI files the chargesheet in the case on Mar 31.

Kanimozhi holds 20 per cent stakes in Kalaignar TV, where a company linked to one of the accused in the scam Shahid Balwa, had invested.

She was in the news over conversations with corporate lobbyist Niira Radia as revealed by the leaked telephone calls tapped by the income tax department.

Meanwhile, CBI Director A.P Singh met Public Accounts Committee Chairman Murli Manohar Joshi today in connection with the 2G spectrum allocation scam.

Singh had appeared before the PAC last month and told the members it was wrong to say that there was"zero loss"to the national exchequer as a result of the 2G spectrum allocations.

The probe agency had assured the Supreme court that it will file the first chargesheet about its investigation into the scam that took place during the regime of A Raja by March 31, 2011. (PTI


Million march for Telangana in Hyderabad

UPDATED 10/3/2011 7:18:13 PM

HYRDRABAD:Normal life was thrown out of gear here on Thursday in view of massive traffic and security restrictions imposed by police ahead of the `Million March to Hyderabad` called by pro-Telangana groups seeking introduction of a Bill on separate state in the ongoing Parliament session.

Traffic restrictions came into force from morning hours and office-goers had a tough time reaching their destinations. The million march aimed at sending across a message to the Centre on formation of Telangana is supposed to be held from 1 pm to 4pm at Tankbund at the Hussainsagar lake in the heart of the city.

Police which has denied permission to the march citing that this programme may affect normal life and might even lead to law and order problems, have already imposed prohibitory orders under Section 144 CrPC in Hyderabad and Cyberabad Police Commissionerate limits banning any kind of assembly of persons, rallies and processions.

Brief history of present Telengana Movement
In 1997, the state unit of Bharatia Janata party (BJP) passed a resolution seeking separate Telangana at Kakinada. Though the party created the states of Jharkand,Chattisgarh, and Uttarkhand in 2000, it could not create a separate Telangana state because of lack of consensus with Teluga Desam Party, which extended outside support to its government at the centre.  Congress party MLAs from the Telangana region who supported a separate Telangana state formed the Telangana Congress Legislators Forum. A new party called TelaanganRashtria Samithi (TRS), led by Kalvakuntla Chandra Sekhar Rao (KCR), was formed in 2001 with the single-point agenda of creating a separate Telangana state with Hyderabad as its capital.


Major Pakistan Bombings Kill 75 Over Two Days

Deadliest Bombings of 2011 on Back to Back Days

by Jason Ditz, March 09, 2011

Three high profile bombings over the past 48 hours have left at least 75 people killed and scores of others wounded across Pakistan, and suggest that the Spring escalation has come a bit early in Pakistan.
Yesterday, of course, we had a TTP bombing targeting the ISI building in Faisalabad, where a bomber destroyed a nearby gas station, killing 32 but going absolutely no damage to the ISI itself. It was the second biggest attack of 2011, up to that point.

But today, another bomber loyal to the Tehreek-e Taliban Pakistan launched an attack on a funeral just outside of Peshawar, killing 37 people, which  is the biggest attack of the year. The funeral was for a tribal elder who was assembling an anti-Taliban militia.

In addition, a third attack, involving a land mine in Dera Bugti, killed another six people and wounded 19 others