Fed up over Fed Cup

The News Review:

- Fed up over Fed Cup
- Clijsters, Moya, Haas Make Saturday Exits
- United ensure triumph of flair
- HLL Q1 profit falls, but sales improve
- Chile evaluating purchase of Dhruv helicopter: Minister

Fed up over Fed Cup
The Age – May 1, 2005
4 Jelena Dokicswapped allegiances to Yugoslavia after hundreds of thousands ofdollars had gone into nurturing her talents. “We used to call it the ‘Dokic deal’ when we talked about it,the need for a player contract to bind them to playing forAustralia, or at least not allowing them to play for anothercountry,” Alexander said. “We never thought we would have to do the same for ourhome-grown, home-born players because it’s always been understoodthat the ultimate reward in your career would be to represent yourcountry. But this is a new professional age we’re moving into. 8 Molik, in particular, hadtaken part. Instead, a loss to China left Australia languishingoutside the Fed Cup’s world group.

Clijsters, Moya, Haas Make Saturday Exits
Tennis-X.com – May 1, 2005
so that from when a player is 18 years of age and receiving assistance, he or she will be obliged to represent Australia,” Fed Cup captain John Alexander told The Age. “We used to call it the ‘(Jelena) Dokic deal’ when we talked about it, the need for a player contract to bind them to playing for Australia, or at least not allowing them to play for another country. We never thought we would have to do the same for our home-grown, home-born players because it’s always been understood that the ultimate reward in your career would be to represent your country. But this is a new professional age we’re moving into. ” Sounds like Jelena will be real welcome.

United ensure triumph of flair
Telegraph.co.uk – May 1, 2005
Those who temper all attacking instincts against United simply invite trouble; in contrast, Jim Smith in his Derby County days would prosper against Ferguson because he was prepared to be bold, even deploying three forwards. All the pre-match talk about David and Goliath was made redundant because Wise refused even to get the sling-shot out. United were so in command that Tim Howard set two records, becoming the first American ‘keeper in an FA Cup final and the first spectator to participate in an FA Cup final. Howard had nothing to do. At times, when Harris disappeared back into his own half, the goalkeeper was at threat only from agoraphobia. If Wise’s game plan was one of restraint, his own performance lacked the control required of a player-manager. Wise caught Ryan Giggs and Ruud van Nistelrooy late, grappled Paul Scholes and kicked him…
I’ve been a manager for 30 years and I’ve only had nine years of not winning. ” It is the barren years, as much as the fruitful ones, that drive Ferguson on. He also fosters home-grown talent like Darren Fletcher (emerging “as a player of real class” according to Ferguson), spends millions on recruits and motivates them well. The Scot makes some strange buys (David Bellion, Diego Forlan, Kleberson etc) but still brings in gems on a regular basis (Van Nistelrooy, the Cup-tied Louis Saha and Ronaldo, whom Ferguson deems “potentially better than anything in Europe”). Ferguson also indicated that Alan Smith’s arrival from Leeds United was imminent and he is always being linked with Everton’s Wayne Rooney. Such speculation about new strikers inevitably casts doubts over Van Nistelrooy’s continued involvement at Old Trafford. As he waved to the fans, the Dutchman could have been staging a farewell party.

HLL Q1 profit falls, but sales improve
Newindpress – Newindpress (subscription) – May 1, 2005
Hindustan Lever shares are down just over 4 percent in 2005, underperforming a 5 percent rise in the sector index. The main Bombay index has slid 7 percent so far this year. SIGNS OF RECOVERY Lever’s dominant presence in home and personal care — which make up nearly two-thirds of sales — has been threatened by P&G and Colgate-Palmolive and home-grown rivals Marico Industries, Godrej Consumer Products, Dabur India and Nirma Industries. First-quarter revenues from home and personal care rose nearly 10 percent from a year ago, but revenues from foods — a renewed area of focus — fell 3 percent. Competitive pressure led to a 2 percent increase in advertising and promotion costs. Lever, which raised prices on some detergents by up to 5 percent in recent months, may raise prices further. “We will look at higher prices judiciously and act when needed if the high cost environment persists,” said Banga, adding he expected high input costs to prevail for a few more quarters…
Hindustan Lever shares are down just over 4 percent in 2005, underperforming a 5 percent rise in the sector index. The main Bombay index has slid 7 percent so far this year. SIGNS OF RECOVERY Lever’s dominant presence in home and personal care — which make up nearly two-thirds of sales — has been threatened by P&G and Colgate-Palmolive and home-grown rivals Marico Industries, Godrej Consumer Products, Dabur India and Nirma Industries. First-quarter revenues from home and personal care rose nearly 10 percent from a year ago, but revenues from foods — a renewed area of focus — fell 3 percent. Competitive pressure led to a 2 percent increase in advertising and promotion costs. Lever, which raised prices on some detergents by up to 5 percent in recent months, may raise prices further. “We will look at higher prices judiciously and act when needed if the high cost environment persists,” said Banga, adding he expected high input costs to prevail for a few more quarters.

Chile evaluating purchase of Dhruv helicopter: Minister
Newindpress – Newindpress (subscription) – May 1, 2005
BANGALORE: Chile is evaluating the purchase of India’s home grown advanced light helicopter, Dhruv, the Chilean Defence Minister Jaime Ravinet said on Saturday. After witnessing a flying display of India’s light combat aircraft (TEJAS), Dhruv and intermediate jet trainer at the Hindustan Aeronautics Ltd (HAL) here, Ravinet said Chile is ‘evaluating the helicopter’ and had not firmed up a decision. Ravinet was briefed about the three defence PSUs – Bharat Electronics Ltd, Bharat Earth Movers Ltd and HAL by its senior executives during his visit. Chile’s ambassador to India early this year had said that Chile would sign a deal to buy four Dhruvs during Ravinet’s visit. Hal officials declined comment on the deal.

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