The Indian rupee strengthened by 11 paise against the US currency in opening trade on Thursday on dollar selling by exporters.
Weak dollar against other currencies and hopes of fresh capital inflows by foreign funds into equity markets also supported the Indian rupee.
At the Interbank Foreign Exchange (Forex) market, the domestic unit appreciated by 11 paise to quote at 48.85 a dollar over the previous close. On Wednesday, the rupee closed 7 paise higher at 48.96/97 in volatile trade.
Forex dealers said dollar selling by exporters and fresh capital inflows in line with firming trends on other Asian markets, mainly boosted the rupee sentiment. A weak dollar overseas also supported the rupee.
Click this image
To earn by just clicking and reading mails click here
Thursday, September 3, 2009
SCORECARD - How is G20 doing on pledges from London summit?
Reuters - Almost a year after the world's financial system narrowly averted collapse, finance ministers and central bankers from the Group of 20 rich and developing nations will gather in London on Sept. 4-5 to discuss what happens next.
Here is a summary of progress reported so far on pledges the leaders made in London in April on measures to avert a repeat of the Great Depression of the 1930s and to reduce the risk of future crises.
* FISCAL MEASURES TO BOOST DEMAND RAPIDLY
G20 leaders' communique from the April London summit says total fiscal expansion will amount to $5 trillion by end of 2010, raising output by 4 percent. IMF staff estimate discretionary fiscal stimulus from the G20 is close to the desired 2.0 percent of GDP in 2009 and 1.6 percent in 2010.
* REFORM OF BRETTON WOODS INSTITUTIONS
G20 leaders in April agreed to accelerate reforms including increasing IMF surveillance of the global economy and giving major emerging economies more voting power. Not much progress.
United States seeking an agreement at the G20 meeting in Pittsburgh on moving the voting issue forward and has kicked off the talks by proposing a 5 percent shift in voting power of underrepresented emerging markets.
* MONETARY POLICY STEPS AS APPROPRIATE
Central banks around the world have begun to debate how and when to phase out emergency steps taken to contain the damage wrought by the financial crisis, although most are not expected to withdraw support until well into next year.
Major central bank interest rates remain at record or historic lows, many of them close to zero, and policymakers are cautious about a recent pick-up in economic data suggesting a recovery could start sooner than earlier expected.
The Bank of England unexpectedly extended its quantitative easing program by 50 billion pounds ($82 billion) last month, and the U.S. Federal Reserve is also buying debt to inject money into the economy. The European Central Bank's smaller programme of buying 60 billion euros in covered bonds is on track for completion by the middle of next year.
Central banks have also cooperated in setting up swap lines to help each other's banks and those in emerging market economies get the foreign currency they need to avert crises.
* RESISTING PROTECTIONISM AND PROMOTING TRADE
The G20 leaders in April repeated their pledge of November to refrain from raising new barriers to trade, imposing new export restrictions or taking measures to stimulate exports inconsistent with international trade rules.
World Trade Organisation director-general Pascal Lamy said in July there had been no outbreak of "high-intensity protectionism" but countries had not dismantled economic barriers raised in the downturn, which was far from over, and there was a risk of a rash of trade disputes as a result.
The United States is still under scrutiny by its trading partners about elements of its "Buy American" clause as a condition for some of the government's support packages despite President Barack Obama forcing Congress to water it down.
China has come under attack for a similar "Buy China" policy in its stimulus package. The European Union and United States also launched a WTO case over Chinese export restrictions on key industrial raw materials.
An increasingly assertive China has launched a case against the EU over measures against imports of Chinese screws and bolts and a dispute with the United States over a U.S. ban in Chinese poultry imports.
But some people argue this and other new cases show the global trade system is working well to handle disputes despite the crisis. In past weeks the WTO has laid out the sanctions Brazil can impose over U.S. cotton subsidies, cleared the way for Japanese sanctions against the United States over anti-dumping measures, and ruled against China's regime for importing and distributing audivisual material.
The April summit also promised to aim for a deal in the WTO's long-running Doha round, but did not set a deadline. The G8+ summit in L'Aquila in July called for a Doha deal in 2010.
Trade ministers at last month's OECD meeting in Paris said they wanted to make concrete progress on Doha before September's G20 in Pittsburgh.
The G20 in April also promised at least $250 billion over the next two years to support trade finance.
* REGULATORY OVERHAUL
BANK CAPITAL: Still working on proposals for banks to build up extra buffers of capital during good times to tap in troubled markets and thus lessen the need for taxpayer bailouts.
HEDGE FUNDS: The G20 agreed hedge funds above a certain size should be authorised and obliged to report data to supervisors. There are national differences over how this can be done without giving unfair advantages to financial institutions in some countries.
DERIVATIVES: Central clearing of credit default swaps traded in the EU began at the end of July. The United States wants all standardised credit derivatives traded on an exchange, going beyond what the EU is currently proposing.
ACCOUNTING: The International Accounting Standards Board (IASB) is fast tracking revision to the scope of the fair value rule -- blamed for amplifying the credit crunch -- to get key parts in force by the G20 deadline of end-2009.
SECURITISATION: EU has adopted a law mandating banks to retain 5 percent of the securitised products they sell, with United States considering a similar move.
CREDIT RATING AGENCIES: G20 wants them registered and supervised by the end of 2009. EU has adopted a law mandating registration and direct supervision.
FINANCIAL SUPERVISION: EU leaders have agreed to set up a European Systemic Risk Board in 2010. New American framework for monitoring systemic risk still under debate.
PAY: EU working on plans to give supervisors powers to intervene in bank pay policies if they encourage too much risk taking. Basel Committee of central bankers and supervisors is working on guidance for supervisors on remuneration.
* FUNDS FOR THE IMF TO SUPPORT EMERGING ECONOMIES
G20 leaders pledged in April to boost IMF resources by another $500 billion and sell about 400 tonnes of IMF gold to raise money for the poorest countries. Most of the money has been raised, with Russia, China and Brazil agreeing to contribute through IMF note purchases -- the first time the IMF has issued bonds to central banks to raise money.
European Union member countries said on Wednesday they had agreed to increase the bloc's contribution to IMF funds to 125 billion euros ($178 billion) from 75 billion pledged in March.
The U.S. Congress has endorsed the gold sale, allowing the Fund to move ahead with plans to sell it within a new European central bank gold agreement struck in August.
The G20 agreed in April to provide $250 billion worth of IMF Special Drawing Rights to all 186 member countries to boost global liquidity. The allocation became effective on Aug. 28. Emerging and developing countries received almost $100 billion in SDRs, of which close to $18 billion went to poor countries.
* REMAIN COMMITTED TO COMBATING CLIMATE CHANGE
U.S. President Barack Obama said a major emitters forum (MEF) meeting in Italy had agreed finance ministers should report back on climate finance at the G20 summit in Pittsburgh in September -- raising expectations that the issue will be discussed in London this week.
In July, G8 countries committed to cut their emissions by 80 percent by 2050. All major emitters -- including emerging economies such as China and India -- referred to a target to limit global warming to no more than 2 degrees centigrade, recognising a scientific view that this was a safety limit.
G8 countries have agreed an ambition to halve global greenhouse gas emissions by 2050. Developing countries continue to resist that target. No deal yet on their demand for developed countries to help pay their costs in fighting climate change.
Here is a summary of progress reported so far on pledges the leaders made in London in April on measures to avert a repeat of the Great Depression of the 1930s and to reduce the risk of future crises.
* FISCAL MEASURES TO BOOST DEMAND RAPIDLY
G20 leaders' communique from the April London summit says total fiscal expansion will amount to $5 trillion by end of 2010, raising output by 4 percent. IMF staff estimate discretionary fiscal stimulus from the G20 is close to the desired 2.0 percent of GDP in 2009 and 1.6 percent in 2010.
* REFORM OF BRETTON WOODS INSTITUTIONS
G20 leaders in April agreed to accelerate reforms including increasing IMF surveillance of the global economy and giving major emerging economies more voting power. Not much progress.
United States seeking an agreement at the G20 meeting in Pittsburgh on moving the voting issue forward and has kicked off the talks by proposing a 5 percent shift in voting power of underrepresented emerging markets.
* MONETARY POLICY STEPS AS APPROPRIATE
Central banks around the world have begun to debate how and when to phase out emergency steps taken to contain the damage wrought by the financial crisis, although most are not expected to withdraw support until well into next year.
Major central bank interest rates remain at record or historic lows, many of them close to zero, and policymakers are cautious about a recent pick-up in economic data suggesting a recovery could start sooner than earlier expected.
The Bank of England unexpectedly extended its quantitative easing program by 50 billion pounds ($82 billion) last month, and the U.S. Federal Reserve is also buying debt to inject money into the economy. The European Central Bank's smaller programme of buying 60 billion euros in covered bonds is on track for completion by the middle of next year.
Central banks have also cooperated in setting up swap lines to help each other's banks and those in emerging market economies get the foreign currency they need to avert crises.
* RESISTING PROTECTIONISM AND PROMOTING TRADE
The G20 leaders in April repeated their pledge of November to refrain from raising new barriers to trade, imposing new export restrictions or taking measures to stimulate exports inconsistent with international trade rules.
World Trade Organisation director-general Pascal Lamy said in July there had been no outbreak of "high-intensity protectionism" but countries had not dismantled economic barriers raised in the downturn, which was far from over, and there was a risk of a rash of trade disputes as a result.
The United States is still under scrutiny by its trading partners about elements of its "Buy American" clause as a condition for some of the government's support packages despite President Barack Obama forcing Congress to water it down.
China has come under attack for a similar "Buy China" policy in its stimulus package. The European Union and United States also launched a WTO case over Chinese export restrictions on key industrial raw materials.
An increasingly assertive China has launched a case against the EU over measures against imports of Chinese screws and bolts and a dispute with the United States over a U.S. ban in Chinese poultry imports.
But some people argue this and other new cases show the global trade system is working well to handle disputes despite the crisis. In past weeks the WTO has laid out the sanctions Brazil can impose over U.S. cotton subsidies, cleared the way for Japanese sanctions against the United States over anti-dumping measures, and ruled against China's regime for importing and distributing audivisual material.
The April summit also promised to aim for a deal in the WTO's long-running Doha round, but did not set a deadline. The G8+ summit in L'Aquila in July called for a Doha deal in 2010.
Trade ministers at last month's OECD meeting in Paris said they wanted to make concrete progress on Doha before September's G20 in Pittsburgh.
The G20 in April also promised at least $250 billion over the next two years to support trade finance.
* REGULATORY OVERHAUL
BANK CAPITAL: Still working on proposals for banks to build up extra buffers of capital during good times to tap in troubled markets and thus lessen the need for taxpayer bailouts.
HEDGE FUNDS: The G20 agreed hedge funds above a certain size should be authorised and obliged to report data to supervisors. There are national differences over how this can be done without giving unfair advantages to financial institutions in some countries.
DERIVATIVES: Central clearing of credit default swaps traded in the EU began at the end of July. The United States wants all standardised credit derivatives traded on an exchange, going beyond what the EU is currently proposing.
ACCOUNTING: The International Accounting Standards Board (IASB) is fast tracking revision to the scope of the fair value rule -- blamed for amplifying the credit crunch -- to get key parts in force by the G20 deadline of end-2009.
SECURITISATION: EU has adopted a law mandating banks to retain 5 percent of the securitised products they sell, with United States considering a similar move.
CREDIT RATING AGENCIES: G20 wants them registered and supervised by the end of 2009. EU has adopted a law mandating registration and direct supervision.
FINANCIAL SUPERVISION: EU leaders have agreed to set up a European Systemic Risk Board in 2010. New American framework for monitoring systemic risk still under debate.
PAY: EU working on plans to give supervisors powers to intervene in bank pay policies if they encourage too much risk taking. Basel Committee of central bankers and supervisors is working on guidance for supervisors on remuneration.
* FUNDS FOR THE IMF TO SUPPORT EMERGING ECONOMIES
G20 leaders pledged in April to boost IMF resources by another $500 billion and sell about 400 tonnes of IMF gold to raise money for the poorest countries. Most of the money has been raised, with Russia, China and Brazil agreeing to contribute through IMF note purchases -- the first time the IMF has issued bonds to central banks to raise money.
European Union member countries said on Wednesday they had agreed to increase the bloc's contribution to IMF funds to 125 billion euros ($178 billion) from 75 billion pledged in March.
The U.S. Congress has endorsed the gold sale, allowing the Fund to move ahead with plans to sell it within a new European central bank gold agreement struck in August.
The G20 agreed in April to provide $250 billion worth of IMF Special Drawing Rights to all 186 member countries to boost global liquidity. The allocation became effective on Aug. 28. Emerging and developing countries received almost $100 billion in SDRs, of which close to $18 billion went to poor countries.
* REMAIN COMMITTED TO COMBATING CLIMATE CHANGE
U.S. President Barack Obama said a major emitters forum (MEF) meeting in Italy had agreed finance ministers should report back on climate finance at the G20 summit in Pittsburgh in September -- raising expectations that the issue will be discussed in London this week.
In July, G8 countries committed to cut their emissions by 80 percent by 2050. All major emitters -- including emerging economies such as China and India -- referred to a target to limit global warming to no more than 2 degrees centigrade, recognising a scientific view that this was a safety limit.
G8 countries have agreed an ambition to halve global greenhouse gas emissions by 2050. Developing countries continue to resist that target. No deal yet on their demand for developed countries to help pay their costs in fighting climate change.
Food prices rise 14.5 pct y/y, WPI falls
NEW DELHI (Reuters) - The worst dry spell in nearly four decades pushed up food prices in India by an annual 14.5 percent in the week to Aug. 22, adding to worries that wholesale price inflation is poised to accelerate in coming months.
The widely watched wholesale price index fell by a smaller-than-expected 0.21 percent in the 12 months to Aug. 22, its 12th successive fall, although the number is distorted by the base effect of last year's high energy prices.
Analysts expect the overall price index to come out of the negative zone sooner than earlier thought, pushing inflation above the comfort zone of policymakers and prompting monetary tightening at the start of next year.
"Maybe in another one or two weeks, WPI will be out of the negative zone. I think, WPI will definitely cross 6 percent by March end," said D.K. Joshi, principal economist at domestic rating agency Crisil.
A government panel said this week that wholesale price inflation could rise beyond a 4 to 5 percent comfort level by the end of the fiscal year in March.
Montek Singh Ahluwalia, the deputy chairman of a plan panel that advises the government on key policy issues, said food prices may ease by end-March, which would help rein in overall inflation within the comfort zone.
Private economists say WPI could rise even faster, putting the central bank in a tough position given the inability of monetary policy to mitigate price rises driven by supply-side shortages.
The WPI figure compares with last week's 0.95 percent annual decline and a market forecast for a decline of 0.87 percent.
Farmers in parts of the country may get a late summer reprieve, however, as rains were near-normal for the third straight week in the seven days to Sept. 2, official sources said, although one said the rain was unevenly distributed.
Late rains have helped raise water levels in the country's main reservoirs to 45 percent of capacity, up 3 points in a week.
The food articles index rose 14.5 percent from a year earlier as drought engulfed nearly half India's districts, affecting summer-sown crops and forcing the government to intervene to bolster supplies and crack down on hoarding.
Within the food group index, the price of sugar surged 37 percent, grains 12.6 percent and lentils 21.6 percent.
On Thursday, the government allowed millers to sell 1.83 million tonnes of sugar in the open market to raise local supplies before festival season that begins later this month.
The consumer price index, which attaches greater weightage to food items, surged 11.29 percent in July. Summer crops have been hit by the worst rainfalls since 1972.
For a graphic, click: http://graphics.thomsonreuters.com/099/IN_INFL0909.gif
POLICY OUTLOOK
The central bank had flagged concern over price pressures in its July policy review, and raised its inflation forecast for the fiscal year ending March 2010 to five percent from four.
Last month, the central bank said policymakers face a dilemma over the timing and pace of exiting from an accommodative monetary stance, and deficient rains could affect the inflation outlook more than the growth prospects.
"It (food price rises) may not entail monetary action soon, but there is a case building for some degree of monetary action by January," said Abheek Barua, chief economist, HDFC Bank.
In July, the central bank held rates steady having slashed the key lending rate by 425 basis points between October and April to help recovery in a fragile economy.
A slowdown in the economy had led to a fall in prices of manufactured products and metals from a year earlier, prompting the central bank to keep interest rates benign.
But demand has started picking up, as is evident from rising car and sales and cement output.
"The week-on-week increase in manufacturing prices is also what we are looking at as this would come into play when it comes to hardening of interest rates," said Atsi Sheth, chief economist of Reliance Equities.
India's Planning Commission, which advises the government on key policy issues, forecast Asia's third-largest economy would expand by 6.3 percent for 2009/10, compared with 6.7 percent in the previous year. The economy grew 6.7 percent in 2008/09, slower than the 9 percent or more growth clocked in the previous three years, and the central bank has forecast six percent growth in 2009/10 with an upward bias.
(For more news on Reuters Money click http://in.reuters.com/money)
The widely watched wholesale price index fell by a smaller-than-expected 0.21 percent in the 12 months to Aug. 22, its 12th successive fall, although the number is distorted by the base effect of last year's high energy prices.
Analysts expect the overall price index to come out of the negative zone sooner than earlier thought, pushing inflation above the comfort zone of policymakers and prompting monetary tightening at the start of next year.
"Maybe in another one or two weeks, WPI will be out of the negative zone. I think, WPI will definitely cross 6 percent by March end," said D.K. Joshi, principal economist at domestic rating agency Crisil.
A government panel said this week that wholesale price inflation could rise beyond a 4 to 5 percent comfort level by the end of the fiscal year in March.
Montek Singh Ahluwalia, the deputy chairman of a plan panel that advises the government on key policy issues, said food prices may ease by end-March, which would help rein in overall inflation within the comfort zone.
Private economists say WPI could rise even faster, putting the central bank in a tough position given the inability of monetary policy to mitigate price rises driven by supply-side shortages.
The WPI figure compares with last week's 0.95 percent annual decline and a market forecast for a decline of 0.87 percent.
Farmers in parts of the country may get a late summer reprieve, however, as rains were near-normal for the third straight week in the seven days to Sept. 2, official sources said, although one said the rain was unevenly distributed.
Late rains have helped raise water levels in the country's main reservoirs to 45 percent of capacity, up 3 points in a week.
The food articles index rose 14.5 percent from a year earlier as drought engulfed nearly half India's districts, affecting summer-sown crops and forcing the government to intervene to bolster supplies and crack down on hoarding.
Within the food group index, the price of sugar surged 37 percent, grains 12.6 percent and lentils 21.6 percent.
On Thursday, the government allowed millers to sell 1.83 million tonnes of sugar in the open market to raise local supplies before festival season that begins later this month.
The consumer price index, which attaches greater weightage to food items, surged 11.29 percent in July. Summer crops have been hit by the worst rainfalls since 1972.
For a graphic, click: http://graphics.thomsonreuters.com/099/IN_INFL0909.gif
POLICY OUTLOOK
The central bank had flagged concern over price pressures in its July policy review, and raised its inflation forecast for the fiscal year ending March 2010 to five percent from four.
Last month, the central bank said policymakers face a dilemma over the timing and pace of exiting from an accommodative monetary stance, and deficient rains could affect the inflation outlook more than the growth prospects.
"It (food price rises) may not entail monetary action soon, but there is a case building for some degree of monetary action by January," said Abheek Barua, chief economist, HDFC Bank.
In July, the central bank held rates steady having slashed the key lending rate by 425 basis points between October and April to help recovery in a fragile economy.
A slowdown in the economy had led to a fall in prices of manufactured products and metals from a year earlier, prompting the central bank to keep interest rates benign.
But demand has started picking up, as is evident from rising car and sales and cement output.
"The week-on-week increase in manufacturing prices is also what we are looking at as this would come into play when it comes to hardening of interest rates," said Atsi Sheth, chief economist of Reliance Equities.
India's Planning Commission, which advises the government on key policy issues, forecast Asia's third-largest economy would expand by 6.3 percent for 2009/10, compared with 6.7 percent in the previous year. The economy grew 6.7 percent in 2008/09, slower than the 9 percent or more growth clocked in the previous three years, and the central bank has forecast six percent growth in 2009/10 with an upward bias.
(For more news on Reuters Money click http://in.reuters.com/money)
Andhra cabinet wants YSR's son as next chief minister
Hyderabad, Sep 3 (IANS) Within hours of the death of Andhra Pradesh Chief Minister Y. S. Rajasekhara Reddy in a helicopter crash, the state cabinet passed a resolution urging the Congress party's central leadership to make his son Y.S. Jaganmohan Reddy the next chief minister.
The cabinet meeting, presided over by caretaker Chief Minister K. Rosaiah, passed the resolution demanding that Kadapa MP Jaganmohan Reddy be named successor to his father.
Ministers loyal to Rajasekhara Reddy were unanimous that the young MP should be made the next chief minster. This will be a real tribute to YSR, said minister of health D. Nagender.
The resolution was passed amid reports that over 100 legislators of the ruling party are supporting the demand. The legislators also met Union Minister for law and incharge of party affairs in the state M. Veerappa Moily to submit a memorandum.
Some Congress legislators also met Praja Rajyam Party president K. Chiranjeevi to request him to support Jaganmohan Reddy's candidature.
The Congress party has 155 members in the 294-member assembly.
A group of MPs also held a meeting here and decided to place their demand before Congress president Sonia Gandhi.
According to sources in the ruling party, the legislators have launched a campaign to demand that Jaganmohan be appointed the chief minister.
Jaganmohan's loyalists among party workers too have launched a campaign in this regard. Some workers sitting outside Gandhi Bhavan, the party headquarters in the city, said they would not accept anybody other than YSR's son to head the state government.
'When Indira Gandhi expired Rajiv Gandhi was made the prime minister. Why not Jagan be made chief minister now?' says an SMS message being circulated by Jaganmohan's followers.
Jaganmohan, an industrialist who runs the Sakshi daily and a television channel, was elected from Kadapa Lok Sabha constituency in the April-May elections.
YSR was killed in a chopper crash while travelling to Chittoor from Hyderabad in inclement weather Wednesday. The mangled remains of the helicopter and the bodies of the chief minister and four others accompanying him were located Thursday morning in the Nallamalla jungles.
The cabinet meeting, presided over by caretaker Chief Minister K. Rosaiah, passed the resolution demanding that Kadapa MP Jaganmohan Reddy be named successor to his father.
Ministers loyal to Rajasekhara Reddy were unanimous that the young MP should be made the next chief minster. This will be a real tribute to YSR, said minister of health D. Nagender.
The resolution was passed amid reports that over 100 legislators of the ruling party are supporting the demand. The legislators also met Union Minister for law and incharge of party affairs in the state M. Veerappa Moily to submit a memorandum.
Some Congress legislators also met Praja Rajyam Party president K. Chiranjeevi to request him to support Jaganmohan Reddy's candidature.
The Congress party has 155 members in the 294-member assembly.
A group of MPs also held a meeting here and decided to place their demand before Congress president Sonia Gandhi.
According to sources in the ruling party, the legislators have launched a campaign to demand that Jaganmohan be appointed the chief minister.
Jaganmohan's loyalists among party workers too have launched a campaign in this regard. Some workers sitting outside Gandhi Bhavan, the party headquarters in the city, said they would not accept anybody other than YSR's son to head the state government.
'When Indira Gandhi expired Rajiv Gandhi was made the prime minister. Why not Jagan be made chief minister now?' says an SMS message being circulated by Jaganmohan's followers.
Jaganmohan, an industrialist who runs the Sakshi daily and a television channel, was elected from Kadapa Lok Sabha constituency in the April-May elections.
YSR was killed in a chopper crash while travelling to Chittoor from Hyderabad in inclement weather Wednesday. The mangled remains of the helicopter and the bodies of the chief minister and four others accompanying him were located Thursday morning in the Nallamalla jungles.
Sunday, July 5, 2009
Enthiran Shooting Pictures - Ash, Rajni in Peru, Brazil
Everyone’s looking forward to Rajnikanth’s new film, Enthiran, with Aishwarya Rai Bachchan. Directed by ace filmmaker Shankar, the film promises to entertain.We bring you exclusive pictures of the film, during its shooting at the historical Inca civilisational site of Machu Picchu in Peru. The film was also shot in Brazil.The film — earlier titled Robot — was first offered to Shah Rukh Khan. After he opted out, Shankar’s favourite actor Rajnikanth stepped in.
But then the next question arose: Who would be Rajni’s heroine in the film?
Shriya Saran, Rajni’s Sivaji co-star, was considered for the role. But it eventually went to the gorgeous Ash. This is her first film with Rajni, and her second with Shankar, after Jeans.
Rajnikanth and Ash put on a flamboyant look in the film, replete with feathers, beads and sequence.
Makeup artist Ojas Rajani (left) made sure Ash looked radiant and beautiful in Enthiran.
But then the next question arose: Who would be Rajni’s heroine in the film?
Shriya Saran, Rajni’s Sivaji co-star, was considered for the role. But it eventually went to the gorgeous Ash. This is her first film with Rajni, and her second with Shankar, after Jeans.
Rajnikanth and Ash put on a flamboyant look in the film, replete with feathers, beads and sequence.
Makeup artist Ojas Rajani (left) made sure Ash looked radiant and beautiful in Enthiran.
Thursday, July 2, 2009
Subscribe to:
Posts (Atom)
Subscribe To
Posts
All Comments
