Hyderabad is the world’s second most affordable office market: Survey

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BANGALORE: Hyderabad is the world's second most affordable office market after Surabaya in Indonesia, according to a survey, while Chennai and Pune are at fifth and sixth positions, reinforcing India's reputation as among the cheapest destinations for foreign firms to set up operations.

"Tier II cities in China and India continue to dominate the list of top-10 most affordable markets globally," said a survey by consultancy firm DTZ, which measured occupancy costs per workstation in 126 business districts across 49 countries in 2012.

"2012 has seen office space absorption rates across Indian cities drop by a fifth. We expect the office space absorption to be stable in the current year, driven by signs of overall improvement in global and domestic economies. Rentals are also expected to appreciate across the country," said Rohit Kumar, head of research at DTZ India.

According to the survey, it costs companies between $2,620 (about Rs 1.41 lakh) and $9,810 (Rs 5.27 lakh) per annum per employee in the top six Indian cities to set up operations, compared with $23,500 (Rs 12.63 lakh) per workstation in London West End.

China's Chongqing and Nanjing, followed by Cancun in Mexico, also figure among the ten most affordable markets. As per the report, a majority of markets in North Asia and India saw a 2-10 per cent rise in occupancy costs. This has forced occupiers in many markets to increasingly consider secondary space, particularly where prime space is limited to cut cost.

The total commercial office space absorption for the quarter ended December 2012 was 6.8 million sq ft, a decrease of 19 per cent compared with the previous year. Vacancies across cities are expected to rise in 2013, except Bangalore, a recent report by DTZ India said.

"Companies continue to consolidate and relocate to less premium locations. Many firms are now looking to cut real estate costs, which comprises 22-27 per cent of the total operational expenditure, the second biggest component after human resource," said Sridhar Raghavendra, founder of FM Zone India, a real estate and facility management firm.

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Dorner Not IDed, But Manhunt Considered Over

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Though they have not yet identified burned remains found at the scene of Tuesday's fiery, armed standoff, San Bernardino, Calif., officials consider the manhunt over for Christopher Dorner, the fugitive ex-cop accused of going on a killing spree.


"The events that occurred yesterday in the Big Bear area brought to close an extensive manhunt," San Bernardino County Sheriff John McMahon told reporters this evening.


"I cannot absolutely, positively confirm it was him," he added.


However, he noted the physical description of the suspect authorities pursued to a cabin at the standoff scene, as well as the suspect's behavior during the chase and standoff, matched Dorner, 33.


The charred remains of the body believed to be Dorner were removed from the cabin high in the San Bernardino Mountains near Big Bear, Calif., the apparent site of Dorner's last stand. Cornered inside the mountain cabin Tuesday, the suspect shot at cops, killing one deputy and wounding another, before the building was consumed by flames.


"We did not intentionally burn down that cabin to get Mr. Dorner out," McMahon said tonight, though he noted pyrotechnic canisters known as "burners" were fired into the cabin during a tear gas assault in an effort to flush out Dorner. The canisters generate high temperatures, he added.


The deputies wounded in the firefight were airlifted to a nearby hospital, where one died, police said.








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Christopher Dorner Manhunt: Inside the Shootout Watch Video





The deceased deputy was identified tonight as Det. Jeremiah MacKay, 35, a 15-year veteran and the father of two children -- a daughter, 7, and son, 4 months old.


"Our department is grieving from this event," McMahon said. "It is a terrible deal for all of us."


The Associated Press quoted MacKay on the Dorner dragnet Tuesday, noting that he had been on patrol since 5 a.m. Saturday.


"This one you just never know if the guy's going to pop out, or where he's going to pop out," MacKay said. "We're hoping this comes to a close without more casualties. The best thing would be for him to give up."


The wounded deputy, identified as Alex Collins, was undergoing multiple surgeries for his wounds at a hospital, McMahon said, but was expected to make a full recovery.


Before the final standoff, Dorner was apparently holed up in a snow-covered cabin in the California mountains just steps from where police had set up a command post and held press conferences during a five-day manhunt.


The manhunt for Dorner, one of the biggest in recent memory, led police to follow clues across the West and into Mexico, but it ended just miles from where Dorner's trail went cold last week.


Residents of the area were relieved today that after a week of heightened police presence and fear that Dorner was likely dead.


"I'm glad no one else can get hurt and they caught him. I'm happy they caught the bad guy," said Ashley King, a waitress in the nearby town of Angelus Oaks, Calif.


Hundreds of cops scoured the mountains near Big Bear, a resort area in Southern California, since last Thursday using bloodhounds and thermal-imaging technology mounted to helicopters, in the search for Dorner. The former police officer and Navy marksman was suspected to be the person who killed a cop and cop's daughter and issued a "manifesto" declaring he was bent on revenge and pledging to kill dozens of LAPD cops and their family members.


But it now appears that Dorner never left the area, and may have hid out in an unoccupied cabin just steps from where cops had set up a command center.






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State of the symbolism: Speech guests help put human faces on rhetoric

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There was a teacher who’d survived three gunshot wounds. A congresswoman who’d lived through an assassination attempt. The grieving parents of slain teenagers.


And, a few feet away, a fierce pro-gun rock-and-roller who said he’d wind up “dead or in jail” if the president was re­elected.


During many State of the Union speeches, the House’s viewing gallery is filled mostly with congressional spouses, lucky staffers and visiting donors. But Tuesday was different. The normally staid gallery was filled, instead, with ordinary Americans whose unordinary lives made them political symbols.

In many cases, what they symbolized was the toll of American gun violence. There were 35 people who had been touched by tragedy, whom Democrats had brought to represent the real stakes of the gun-control debate that is playing out on the floor below.

This is not, traditionally, the way these things are done. For decades, the State of the Union address was an uncomplicated and highly formal ritual, with just two roles to play. The president spoke. Members of Congress applauded, or didn’t.

But, gradually, the address has become a much bigger event, in which an ever-expanding cast has sought to share the national limelight. In 1966, the opposition party started giving an official televised “response.” Then, in 2011, the tea party movement started giving its own post-response response.

Presidents, meanwhile, came to see the House gallery differently. Instead of a simple seating section for spouses and staffers, it became a stage to complement the presidential rhetoric.

The coordinated presence of so many Americans affected by gun violence on Tuesday helped create one of the speech’s emotional high points: A president who often threatens to go over the heads of Congress was, on this night, able to do it literally. He looked up to the gallery, using these symbols to pressure lawmakers in the good seats below.

“Hadiya’s parents, Nat and Cleo, are in this chamber tonight, along with more than two dozen Americans whose lives have been torn apart by gun violence,” Obama said, referring to the parents of a 15-year-old girl who participated in inauguration festivities and was gunned down in Chicago a few days later. “They deserve a vote.”

The lawmakers turned toward where they sat, paying their respects, and Democrats raised a chant of “vote, vote!”

Obama also singled out former congresswoman Gabrielle Giffords (D-Ariz.), who was grievously wounded by a would-be assassin’s bullet in 2011. Giffords was sitting near the first lady. “Gabby Giffords deserves a vote,” the president thundered. The chant spread.

Since President Ronald Reagan introduced this ritual in 1982 — pointing out Lenny Skutnik, who dived into the icy Potomac to save victims of the Air Florida crash at the 14th Street bridge days earlier — other presidents have followed suit. But they’ve been unable to confine themselves to just one hero. On Tuesday, for instance, first lady Michelle Obama was joined by 24 people, including a governor, a mayor, the parents of a victim of gun violence, and NASA’s mohawked Mars rover engineer — so many that the White House released an interactive seating chart online.

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Japan 'shocked' by IOC wrestling decision

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TOKYO: Wrestling power Japan, which swept four gold in London, reacted with dismay Wednesday after Olympic chiefs said the 2020 Games would not include the sport, depriving the country of a rich source of medals.

"I really don't know why. I am so devastated that I don't know what to do," said Saori Yoshida, Japan's undisputed wrestling queen who has won a record 13 straight Olympic and world championship gold medals over 10 years.

Yoshida, a 55kg-class freestyle wrestler who last year received the government's "People's Honour Award" for her achievements, is the face of Tokyo's campaign for the right to host the 2020 Games.

The decision to drop wrestling, taken by the 15 members of the International Olympic Committee (IOC) executive board, has yet to be ratified by all members of the body, but leaves the sport fighting with seven other disciplines for the vacant spot in seven years' time.

Japan Wrestling Federation chairman Tomiaki Fukuda expressed his frustration at the decision.

"I am really shocked. I have no idea why they decided this," Fukuda said in an interview with TV Asahi.

He has also said on the federation's website: "I am dissatisfied and baffled. I want to know the reasons why the IOC removed wrestling."

Local media dubbed the IOC decision a "crisis for Japan's strong suit".

Chief Cabinet Secretary Yoshihide Suga also expressed disappointment at the IOC vote.

"Wrestling is one of Japan's strongest sports," he said. "It is said to be the oldest sport in the world... The decision is very disappointing."

This is the latest blow to Japanese sport after the national women's judo coach resigned in disgrace after admitting he had physically beaten his athletes as he tried to discipline them.

That scandal came just weeks after a schoolboy killed himself after repeatedly being subjected to violence by his basketball coach.

-AFP/gn



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Battle lines drawn up in Tripura

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AGARTALA: Battle lines have been drawn up for Thursday's polls to the 60-member Tripura assembly where heavyweights chief minister Manik Sarkar, TPCC president Sudip Ray Barman and president of Indigenous Nationalist Party of Tripura Bijay Hrankhwal are among 249 candidates in the fray.

The Left Front is hoping to script history by returning to power for a fifth consecutive time.

The main contest will be between the Left Front and its allies and the Congress and its partners.

The CPM, the dominant partner in the Left Front, is contesting 56 seats, RSP two and CPI and Forward Block one each.

The Congress is contesting 48 seats and its alliance partners INPT in 11 and National Conference of Tripura in one.

The candidates include 14 women, who are four less than those who had contested in the 2008 elections.

An electorate of 23,52,505 including 11,64,656 women are expected to exercise their franchise in the election contested by a total of 16 political parties and independents.

The CPM, which has taken credit for ending the four-decade-old insurgency in the state and ensuring peace and communal harmony, is projecting Tripura as a model state in terms of good governance having topped the list in the implementation of MNREGA.

The CPM has also highlighted the 15 awards it received from the Centre for successful implementation of various schemes.

The Congress-INPT-NCT alliance has made "bad governance" of the Manik Sarkar-led government a poll issue, alleging that despite availability of central funds, employees, unemployed and farmers remained deprived during the 20-year LF regime.

Corruption and nepotism by party leaders and partisan behaviour of the government are also important issues for the alliance.

Prominent leaders who campaigned in the run-up to the election include Congress Vice-President Rahul Gandhi, Union minister Deepa Das Munshi, Arunachal Pradesh Chief Minister Nabam Tuki, Union finance minister P Chidambaram, CPM leaders Prakash Karat, Sitaram Yechury, Surya Kanta Mishra and Brinda Karat.

Of the 3,041 booths, 409 have been identified as very sensitive (A+), 535 booths as very sensitive (A) and 726 booths as sensitive.

Altogether 250 companies of central paramilitary forces have been deployed in the state to maintain law and order.

The Border Security Force has sealed the 856 km border with Bangladesh and deployed additional forces to prevent infiltration.

The Election Commission has formed flying squads and Static Surveillance Teams to combat the menace of cash doles and bribes and carrying of illegal arms.

Static Surveillance Teams and Flying squads have been set up in all 60 constituencies with police and government officials headed by a magistrate.

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Your Shot: Blizzard Photos From Our Readers

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State of the Union: Obama Pushes Job Creation

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Pursuing an aggressive and diverse early second-term agenda, President Obama turned his focus Tuesday night squarely to the economy, using his State of the Union address to unveil new government initiatives aimed at creating jobs.


The defining duty of the new Congress and new administration is to "reignite the true engine of America's economic growth -- a rising, thriving middle class," Obama said Tuesday night from the House chamber.


"That must be the North Star that guides our efforts," he said.


Obama's proposals had a familiar ring, including re-packaged economic ideas but also offering several bold new measures aimed at boosting the middle class.


None of the proposals would add to the deficit "by a single dime," Obama pledged, with costs offset by savings carved out in the budget and from money saved from ending two wars.


"It's not a bigger government we need, but a smarter government that sets priorities and invests in broad-based growth," Obama said.


For the first time as president, Obama called for raising the minimum wage from $7.25 to $9.00 an hour by 2015. He proposed to ensure future increases by indexing the minimum wage to inflation.


He proposed a national goal of universal pre-school education, an effort to help states provide tens of thousands of low- to middle-income four-year-old children access to quality public education from an earlier age.






Charles Dharapak/Pool/AP Photo











Obama: A Rising Middle Class Should Be 'North Star' Watch Video









Obama Wants Minimum Wage: 'A Wage You Can Live On' Watch Video









Obama Announces Afghanistan Troop Withdrawal Watch Video





And, to heal the nation's crumbling roads and bridges, Obama offered a $50 billion "fix it first" infrastructure program that would prioritize repair of existing structures before building new ones.


"Every day, we should ask ourselves three questions as a nation," Obama said. "How do we attract more jobs to our shores? How do we equip our people with the skills needed to do those jobs? And how do we make sure that hard work leads to a decent living?"


Answers to those questions, the president suggested, include redoubling investments in clean energy technologies -- a step which he said would both benefit the environment and reduce U.S. dependence on foreign oil.


"For the sake of our children and our future, we must do more to combat climate change," he said.


He called for doubling the amount of renewable electricity generation in the U.S. by 2020, and announced an energy version of his "Race to the Top" education program that would give states grants for the best energy efficiency programs.


Related: 7 Things Obama Says at Every State of the Union


In tandem with his economic focus, Obama announced the withdrawal of 34,000 U.S. troops from Afghanistan by this time next year, cutting in half the current force and marking a quickened pace for the final exit of U.S. combat forces by a 2014 deadline.


There are currently 66,000 U.S. troops serving in Afghanistan. Obama has vowed to bring nearly all of them home by the end of next year, though a small contingent will likely remain to train Afghan forces and assist counterterrorism operations, officials have said.


Obama touched briefly on his recently-unveiled proposals to overhaul the nation's immigration system, expand rights for gay and lesbian Americans and curb an epidemic of gun violence.


With dozens of victims of gun violence looking on from the House gallery, including former Rep. Gabby Giffords, and families of victims from shootings at Newtown, Conn., Oak Creek, Wisc., and Aurora, Colo., Obama made an emotional plea for an up-or-down vote on his gun control plan.


"Each of these proposals deserves a vote in Congress," he said of proposed restrictions on assault-style weapons and high capacity magazines, and enhanced background checks, among other measures.


"If you want to vote no, that's your choice," he said. "But these proposals deserve a vote. Because in the two months since Newtown, more than a thousand birthdays, graduations and anniversaries have been stolen from our lives by a bullet from a gun."


Read More: President Obama's Past State of the Union Promises






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Impact of State of Union speeches isn’t very lasting

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When President Obama delivers his fourth State of the Union speech Tuesday night, he is guaranteed an audience of millions of viewers, the rapt of attention of Beltway reporters and issues advocates, and for at least an hour, the undivided attention of Congress.


What isn’t guaranteed is any lasting impact.


Rarely have State of the Union addresses moved public opinion, and rarely have they led to the kind of broad legislative accomplishments that presidents propose. For all the ritual and attention surrounding these speeches, the State of the Union is, well, sort of lame.

“Most of the speeches can be summarized in three words: boring, boring, boring,” said Allan Lichtman, author of “The 13 Keys to the Presidency.” “They tend to be laundry lists. But sometimes they rise above that.”

Mandated by the Constitution, the State of the Union, for much of its history, was not a speech at all but a written list of policy recommendations handed to Congress. Now, the addresses are grand political theater and provide a rare chance for a president to make an unfiltered argument and lay out policy ambitions from the biggest bully pulpit he will have all year.

Billed as a coda to his second inauguration, Obama’s speech will focus on the economy and the middle class — he is set to propose spending public money on education, research and infrastructure — as well as touch on immigration and gun control.

He will spend the remainder of the week giving repackaged versions of his address, looking to capi­tal­ize on the moment and further underscore his priorities.

“The State of the Union is a Super Bowl-like political event. The key to fully leveraging it is to make sure that it doesn’t become a one-off but contains a big-idea thematic animated by some specific proposals,” said Chris Lehane, a Democratic strategist who worked for President Bill Clinton. “If the speech is not approached like that, it risks becoming a pupu platter moment — lots of tasty dishes, but you won’t be filled up for the long term.”

Although interest groups and lobbyists, inside and outside the administration, spend time trying to get the briefest of mentions of their pet causes in the speech before an audience of about 40 million, there are few legislative payoffs to show for all their efforts.

President George W. Bush used the first State of the Union speech of his second term to call for privatizing Social Security, an effort that hit a brick wall in Congress and nationwide.

In his 2012 speech, Obama proposed that every state require that students stay in high school until they graduate or turn 18, a recommendation that also fell flat.

Obama used that address to make his argument for reelection, touching on themes of fairness and economic equality that would undergird his campaign stump speeches. But there have been few memorable lines or themes from Obama’s addresses on par with Clinton’s 1996 pronouncement that “the era of big government is over” or Bush’s “axis of evil” reference from 2002.

“His speeches have tended to be about half looking back and half looking forward. And that’s a style you can choose in a State of the Union — how much of the speech is going to be devoted to where we are today, how far we’ve come and so forth, versus something more visionary and using your time to look forward,” said Chriss Winston, a speechwriter for President George H.W. Bush. “That’s a choice every president has to make.”

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Benedict's resignation renews calls for an African pope

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LAGOS: Pope Benedict XVI's resignation has sparked calls for his successor to come from Africa, home to the world's fastest-growing population and the front line of key issues facing the Roman Catholic Church.

Around 15 per cent of the world's 1.2 billion Catholics live in Africa and the percentage has expanded significantly in recent years in comparison to other parts of the world.

Much of the Catholic Church's recent growth has come in the developing world, with the most rapid expansions in Africa and Southeast Asia.

Names such as Ghana's Peter Turkson and Nigerian John Onaiyekan have been mentioned as potential papal material, as has Francis Arinze, also from Nigeria and considered a possibility when Benedict was elected, but who is now 80.

Some analysts see the issue as one of justice since Africa has contributed to the Catholic Church to such a large degree, as well as a reflection of a changing world.

"I think that, with the black community's representation in the larger Catholic community, it is legitimate that we have a black pope," said Rene Legre Hokou, head of the Ivory Coast League of Human Rights.

"An African pope could give more vitality to the Catholic Church in the black world. It would demonstrate the universal character of the religion."

A number of African Catholic Church members had a mixed view however, saying they would like to see a fellow African elected pope, but wanted the most qualified person, no matter where he is from.

Pat Utomi, a prominent Catholic in Nigeria who is an economist and former presidential candidate, said he would take pride in seeing an African elected, "but we must take that away."

"I think what matters is the right person with the vision for the moment," Utomi said.

At the same time, he said Africa in several ways was representative of major challenges facing the Church, particularly its relationship with an evangelical movement with explosive growth on the continent as well as with Islam.

"I think in some ways a John Paul II was a response to the Soviet Union," Utomi said. "In some ways the challenge of the Church must be to reach an accommodation ... an understanding with Islam and the Pentecostal movement."

Africans have flocked to evangelical religions, with many seeing them as more relevant to their daily lives, posing a challenge to the Catholic Church.

Also in countries like Nigeria, roughly divided between a mainly Muslim north and predominately Christian south, religious and ethnic tensions have led to violence.

Onaiyekan, nominated as a cardinal in October and also the archbishop of the Nigerian capital Abuja, has made efforts to foster unity between Christians and Muslims in his country.

"It would take a skilled leader of the church -- in the kind of way that a John Paul II reached out to the Eastern church, to the Orthodox churches of the east," Utomi said.

Vatican watchers say the college of cardinals may seize the moment to elect a Latin-American, African or Asian pope.

Others say 85-year-old Benedict -- who is resigning for age reasons -- may call on the cardinals to elect someone younger, who is less likely to suffer failing health early in his mandate.

Benedict visited Africa twice, most recently the West African nation of Benin in 2011, while before that Angola and Cameroon in 2009. His Benin visit came 150 years after what is considered the evangelisation of the country by missionaries.

Archbishop of Lagos Alfred Adewale Martins said Benedict should be lauded for his efforts in Africa.

"I believe he is one man that we should be grateful to God for the attitude to the church in general and also the solicitude that he has demonstrated in very many ways to the church in Africa in particular," said Martins.

But Benedict's outreach on the continent notwithstanding, there were still doubts over whether an African would be put at the head of the Vatican.

At Saint Antonio da Polana Church in the Mozambique capital Maputo after Benedict's announcement, parishioner Zeb Renardo said he did not think the time had come.

"I will say categorically that I doubt we will have an African pope," he said. "I think the moment hasn't come for us to see an African pope."

But the rector at Ivory Coast's Basilica of Our Lady of Peace of Yamoussoukro, a semi-replica of St. Peter's in Rome and the largest Christian shrine in Africa, said "why not a non-Western pope?"

"The world is now multi-colour," Polish priest Stanislaw Skuza said.

- AFP/ck



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Afzal Guru hanging: Fourth day of curfew in tension torn Kashmir

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SRINAGAR: Uninterrupted curfew restrictions continued for the fourth day on Tuesday in Kashmir Valley to prevent violence in the wake of Afzal Guru's hanging in New Delhi's Tihar jail. Chief Minister Omar Abdullah said he would help arrange a visit to the parliament attack convict's family to offer prayers at his grave.

While speaking to a radio channel on Monday evening, Omar said that if Afzal Guru's family approached him, he would do everything possible to help.

Three people have died so far during protests in the Kashmir Valley after news of December 2001 Parliament attack plotter's hanging spread in Srinagar.

Residents in Batwina village of north Kashmir's Ganderbal district said two youths were drowned after they were chased by the security forces during protests, while police said the deaths had occurred because of a boat capsize in the Jhelum river.

A teenaged boy belonging to Watergam (Rafiabad) area of Baramulla district succumbed to critical injuries in a city hospital on Monday morning.

He had reportedly sustained a bullet injury from the security forces during protests in the village.

Another injured youth is battling for life in Srinagar's super specialty Sher-e-Kashmir Institute of Medical Sciences Soura.

The state government has ordered a magisterial probe into both these incidents and an ex-gratia relief to the next of kin of the deceased person.

Strict orders has been given to exercise maximum restraint while handling the law and order situation in the valley, the chief minister said.

Reports indicate 14 companies of border security force (BSF) and 10 additional companies of central reserve police force (CRPF) have been rushed to assist the state administration in maintaining law and order.

For the third day on Tuesday Kashmir went without any print editions of the local newspapers.

Local editors said they had been unofficially told by the authorities to suspend publications of their newspapers till Friday.

"If this has been done to check the spread of wild rumours then it is a very bad decision," said Bashir Manzar, editor of daily 'Kashmir Images'.

Cable television operations and Internet facilities also remained shut in the summer capital Srinagar, although BSNL broadband users said their facility was still working.

Those using dongle appliances and mobile phones to access the Internet have been unable to do so for the last four days.

A senior police officer said curfew imposed on Saturday would remain in place till further orders.

Asked whether the authorities were planning some relaxation in the imposed curfew, the officer said the situation was being monitored on a regular basis.

Authorities have made announcements through the local radio and television broadcasts that additional round-the-clock ambulances have been made available to ferry sick people to hospitals from areas under curfew.

Security forces have been advised to treat the identity cards of those maintaining essential services like healthcare, water supplies and electricity as curfew passes and allow their movements through those areas.

Separatist Hurriyat group headed by Syed Ali Geelani has asked people to continue the protest shutdown till Friday when a march to the Eidgah grounds has been announced.

"We will demand that the mortal remains of Afzal Guru be returned to his family," a spokesman of the group told media here.

All examinations and interviews scheduled to be held up to Februay 17 have been postponed by the authorities.

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