| Pantaloon hauls DLF to court over space row
Perhaps feeling the pinch of leasing out a huge part of the mall at prices that weren't in sync with market rates, DLF chose not to allow the retailer to go ahead with fit-outs. A further hearing is scheduled for January 30.
Speaking to ET, Mayur Toshniwal, CEO (North), Pantaloon Retail, said, “We have taken the matter to the High court, but at this juncture we wouldn't like to say anything else." When contacted, Ajay Khanna, executive director, DLF Retail, “We have no comment to make on this issue." Anuj Puri, CEO of Jones Lang LaSalle Meghraj, which has been named a co-defendant along with DLF, could not be contacted.
For DLF, the potential loss in income from real estate rentals may have been significant. While the exact figures aren't in public domain, but in 2004, an anchor tenant like Big Bazaar would typically get space in a suburban mall for less than Rs 70-75 per sq ft, whereas other tenants would have to pay anywhere between Rs 125-Rs 150 per sq ft.
Badal to take oath tomorrow
Rodrigues( retd) at 4.30 pm at the Punjab Raj Bhavan to hand over to him the letter of support signed by 67 MLAs of the SAD-BJP combine, besides three independent MLAs. Sources at the Raj Bhavan said the Governor had invited Badal to take oath as Chief Minister on Friday( March 2). Badal was accompanied to the Raj Bhavan by SAD secretary Daljit Singh Cheema and former media advisor Harcharan Singh Bains. With the election of Badal as leader of the SAD-BJP group, the persisting speculation with regard to the taking over the reins of the SAD-BJP government by his son Sukhbir Singh has come to an end. Commenting on the election of Badal as leader, BJP leader Arun Jaitley said Badal was an obvious choice. He was the leader who assured the victory of the SAD-BJP combine and was the main speaker at all election meetings held in constituencies where the BJP had put up its candidates.
Stocks higher ahead of Fed
Stocks opened slightly higher on Monday as investors waited for more indications about how much the Federal Reserve will cut interest rates at Tuesday's policy meeting. The Dow Industrials and S&P 500 each gained about .2 percent in the early going, while the tech-fueled Nasdaq gained around .1 percent. Investors are eagerly anticipating the Fed policy meeting on Tuesday. The central bank is widely expected to cut rates, although the market is divided over whether it will lower rates by a quarter of a percentage point or half of a percentage point. Swiss bank UBS (Charts) announced an additional $10 billion writedown on its subprime holdings and said the charge could lead to a full-year loss for the firm. But shares rose 3 percent in Zurich as investors took comfort in an $11.5 billion injection the bank said it received from outside investors.
Six budget graphics cards fail in DX10 shoot-out
Our all time favorite synthetic grinder of pixels is a good way to start this story. Now, you shouldn’t pay too much attention at 3DMark on these cards, since there are no increments of thousands. Why? Because a really faster card would lead by by thousands, not hundreds.
In this synthetic test, it does not take long to see the difference between 3850 and 2600XT. It is clear the 8500GT and 8400GS are poor here, since they scored as low as some notebook chips. On the other side, ATI 2600XT is falling behind XFX 8600GTS which shows a notable performance with its higher clocked parts. However, accolades go to Radeon HD3850, which just shatters the competition. Crysis
The game everybody wants to hear about and play, Crysis will suck all the juice from your card and CPU and ask for more.
Wu fighters
The Wu-Tang Clan don't do things like your normal rap group. From Staten Island, New York, with nine MCs battling for dominance, Wu-Tang have consistently rewritten the rule book since they emerged in 1993. From their debut album - a revolutionary record of jerky hip-hop spliced with dialogue from obscure kung fu movies - the Clan went on to launch a dynasty that spanned countless solo albums, acting careers (founder member RZA is in the current American Gangster; Method Man has been in HBO drama The Wire), a clothing empire, even a video game. .
High school boys basketball previews
Cooper averaged 11 points and 10 rebounds per game last season, and tossed in 24 during Marshwood's 66-63 loss to Scarborough on Friday night. Dalecki averaged eight points per contest as a junior. Marshwood also returns senior point guard Ben Polichronopolous and senior guard Brendan Crosby. Crosby made 35 3-pointers last season. "We'll play up-tempo and try to make things happen that way," Zamarchi said. "Defensively we're gonna be tough. I see us making the playoffs, but a lot will depend on how we progress through the season and how the young kids step up." Traip Academy Coach: Jeremy Paul (fifth season). 2006 record: 14-7 (lost to Dirigo in Western Maine Class C semifinals). Returning starters: (1) Sr. F Trevor Higgins. Outlook: The Rangers look like they have the pieces for a successful season.
'Golden Compass' briefly loses its way
(B) The familiar fantasy character of the feisty tomboy heroine gets an upgrade in The Golden Compass. This smart, streamlined adaptation of the first novel in Philip Pullman's His Dark Materials trilogy unfolds in a world similar to but vastly different from our own in a time that's like a blend of our 19th and 20th centuries. The movie goes by quickly -- maybe too quickly.
You want the film to slow down so you can savor the alternate-universe England that writer-director Chris Weitz and production designer Dennis Gassner conjure from a millennium's worth of public monuments, as well as a mix-and-match of Victorian and Edwardian architecture and industry. We move from the brushed stones of Oxford to an art deco London without losing our bearings, so cunningly have the filmmakers filled out their vision with burnished wood and coruscating metal and glass.
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