Saturday, March 10, 2007

Bus Robbery near palladam

The Coimbatore Rural District Police have formed special teams to nab a gang that robbed two passengers of Rs. 3.46 lakh at gunpoint in a Government bus near Palladam on Thursday night.

The police said, Ponnusamy (28) and Rameshkumar (32), workers from Mudalipalayam in Tirupur, were travelling from Pollachi to Tirupur via Palladam in the bus. One of them had Rs. 2.46 lakh in his bag and the other Rs. 1 lakh, the amount collected by them from rice merchants at Pollachi.

There were 41 passengers in the bus and when it was approaching Kamanaickenpalayam, two of them threatened the duo at knife and gunpoint. When the duo raised an alarm, one of the culprits opened fire causing panic and silencing the co-passengers. When the driver stopped the bus, the culprits snatched the bags and fled in a van that was following the bus. The gangsters were aware of the schedule of the victims. Superintendent of Police, Coimbatore Rural District, A.T. Duraikumar, held inquiries with the crew and the co-passengers.

Friday, March 09, 2007

Corporation to introduce self-assessment of tax

The Corporation will introduce in April self-assessment of property tax for new buildings, extensions in old ones and also the houses in the unapproved layouts that are to be tapped for tax revenue, according to Mayor R. Venkatachalam.

This is to step up revenue collection and overcome bottlenecks to it that now plaque the Corporation in the form of inadequate manpower for survey and assessment.

The Coimbatore Corporation aims to bring about a culture of compliance through self-assessment. Corporation sources say that this can help in even avoiding charges of corruption during assessment. The concept is part of the e-governance that the Corporation embarked upon a few years ago. The assessment details can be provided on-line for fixing the property tax.

The self-assessment will, however, have a monitoring mechanism to prevent under-assessment. Officials will check for the veracity of the details such as the size of the buildings that are provided by the owners.

The Corporation is not happy with its current collection as it has crossed only the halfway mark. It has stepped up the drive to collect both arrears and the amount due for this year.

Thursday, March 08, 2007

Thailand princess arrives in Coimbatore

Princess Maha Chakri Sirindhorn of Thailand arrived in Coimbatore on Thursday enroute to hill resort town of Udhagamandalam in neighbouring Nilgiris District.

The Princess, who arrived from Ahmedabad by a special Indian airlines aircraft, was given a guard of honour at the airport. She was received by District Collector Neeraj Mittal, city Police Commissioner CK Gandhirajan and other senior district and police officials.

Placid Homes at Coimbatore

Kastle Associates is representing Placid Homes at Coimbatore and surrounding district in tamilnadu, starting March 1st 2007. PlacidHomes.com is a Property search website and was launched in the month of September 2006 at Bangalore. Placidhomes.com started its operation in Hyderabad from December 2006 through its franchisee. Recently another franchisee with Kastle Associates has been signed.

Buying or selling or Renting homes, apartments, residential plots, commercial land, commercial office space or any kind of property at Bangalore, Hyderabad, coimbature or any other city in India is very easy through PlacidHomes.com browse able and searchable database of property listings.

Marketics Technologies to be sold

WNS, a provider of offshore business process outsourcing (BPO), has signed a non-binding letter of intent to acquire Bangalore-based offshore analytics firm Marketics Technologies, for a total enterprise value of approximately $65 million in cash.

Marketics was formed only in 2003. The deal includes a $30m payment on closing and an earn-out of up to $35m over a 12-month period, and should be financed primarily through existing cash and cash equivalents. Marketics has around 200 employees, with 30 in Coimbatore, India and the remainder in Bangalore.

Wednesday, March 07, 2007

Need to Avinashi Road

The Confederation of Indian Industry, Coimbatore, has said development of Avinashi Road is imperative for planned growth of the city.

The industrial body has welcomed allocation of Rs. 27 crores by the State Government to develop the road into a six-lane one.

Convenor of the CII Avinashi Road Project, Nandini Rangaswamy, said that the 16 km stretch between Neelambur by-pass and Uppilipalayam was a main road from which many other roads originated and linked different parts of Coimbatore city.

It had several educational institutions and commercial establishments on either side.

Motor vehicles



Quoting the CII-Tamil Nadu Road Development Corporation study on the road, she said that more than 75,000 motor vehicles used it every day.

The city would be growing towards the Eastern direction with the booming knitwear sector in Tirupur and textile units in Coimbatore.

The project had been mooted at the right time since the city was on the threshold of an economic boom, pointed out Krishna Samaraj, former Chairman of the CII, Coimbatore Zone.

Jayakumar Ramdass, the immediate past chairman of the confederation added that the CII study had identified the bottlenecks and the improvements that the road needed, estimated the cost for the project and suggested a financial model too.

The proposal was to develop the road as the second IT corridor in the State.

Though the total cost was estimated to be Rs. 130 crores, the initial allocation would take care of the immediate needs.

Tuesday, March 06, 2007

Eco-tourism programme to cover Top Slip and ooty

The Forest department has identified 15 places including the Mudumalai wildlife sanctuary near Udhagamandalam in the State for an eco-tourism programme, State Forest Minister N. Selvaraj said here on Thursday. A proposal had been sent to the Centre.

Some of the places were Top Slip at Pollachi, Tirunelveli and Vellore. The programme would cost Rs. 47 crore.

Mr. Selvaraj told reporters that in the second phase of the Tamil Nadu Afforestation Programme (TAP), 42,500 ha of land in 205 villages would be covered.

Monday, March 05, 2007

Broadband service extended in Coimbatore

Bharat Sanchar Nigam Limited, Coimbatore has announced that high speed broadband service had been extended to Karunya Nagar, Mudis, S.S. Kulam, Dayanur, Annur, Arasur and Somanur exchange areas. Customers were requested to make use of the service. For details, they could contact phone numbers 95-422-2437402 and 2454545, a release from BSNL said.

Cellular phone bills in Tamil

Cellular service provider Hutch has launched billing services in Tamil, along with nine other languages.

In a release, Harit Nagpal, Marketing Director of Hutch said that providing billing services in a language of the subscriber's choice was a customer-friendly measure.

Hutch customers can now receive their bills in 10 different languages: Tamil, English, Hindi, Punjabi, Marathi, Telugu, Kannada, Bengali, Gujarati and Malayalam.

In addition, Hutch customers can now pay their bills through credit card over phone.