Dadasaheb Phalke statue coming up in Mumbai, township in Raigad

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By Quaid Najmi
Mumbai, Sep 30 |
A grand statue honouring Dhundiraj Govind Phalke, famous as Dadasaheb Phalke, the revered father of Indian film industry, will come up in Bandra West by the year-end, said a top film organisation head.

Simultaneously, a swank new township of over 10,000 homes — being built under the Pradhan Mantri Awas Yojana (PMAY) — is also taking shape near Shelu, Raigad, as the ‘Dadasaheb Phalke Housing Complex’.

“We are all here because of the flame lit by Dadasaheb Phalke. We feel it’s our duty to do something, especially since the younger generations know little about his massive contribution to Indian cinema,” B.N. Tiwari, President, Federation of Western Indian Cine Employees, told IANS.

The proposed statue is likely to be inaugurated on February 16 to coincide with the 78th death anniversary of Dadasaheb Phalke, or April 30 marking his 152nd birth anniversary, said Tiwari.

The 15-feet tall statue in black granite stone, erected on a three-feet pedestal with appropriate lighting, landscaping and other attractions will stand in a garden near the iconic Mehboob Studios in Bandra West, said Tiwari.

“We feel the site is very appropriate as Bandra is considered the heart of the film industry, with some of the topmost personalities, including actors, producers, directors and others, living there since over a century,” Tiwari said.

Incidentally, Mehboob Studios was founded in 1954 by the acclaimed filmmaker Mehboob R. Khan, who wrote, produced and directed the cult movie ‘Mother India’ (1957), which became the first Indian film to be nominated for an Oscar in the Best International Feature Film category.

Till now, Mumbai has had a couple of modest statues of the man who laid the foundation for what is today the world’s biggest film industry — one in Dadar East and another in the ‘Dadasaheb Phalke Chitranagari’ in Goregaon East.

“We are thrilled to learn of these two initiatives by the film industry, who are the ‘real children’ of Dadasaheb. We hope the government of India also considers the long-pending proposal of conferring Bharat Ratna posthumously on Dadasaheb,” said the film legend’s grandson Chandrashekhar Pusalkar.

According to Chandrashekhar Pusalkar and his wife Mridula Pusalkar, it’s gratifying to learn that people in the film industry still acknowledge Dadasaheb Phalke’s legacy, 108 years after he scripted history with India’s first feature film, ‘Raja Harishchandra’ (1913), marking the dawn of the film industry in the country.

Asia’s biggest film body, the seven-decade-old FWICE has 32 different organisations under its fold with over 500,000 members. The two projects shall be dedicated as part of the 75th anniversary of India’s Independence, said the FWICE head.

“Many of the poor people in the industry are unable to afford a decent house in Mumbai. So we plan to allot them 1-BHK flats for below Rs 10 lakh in the Raigad township, which will have over two-dozen 16-storey towers, a hospital, a school, garden and other civic amenities,” Tiwari added.

In the statue endeavour, the FWICE initiative is supported by the founder of the Dadasaheb Phalke Icon Award Films Organisation (DPIAF), Kalyanji Jana, global founder Ankita Jana, Union Minister for Dairy Parshottam Rupala, and Mumbai North BJP MP Gopal Shetty, among others.

Since 1969, the government of India confers the lifetime achievement honour to top cinema personalities vide the much-coveted ‘Dadasaheb Phalke Award’ annually, the highest film award in the country.

(Quaid Najmi can be contacted at: q.najmi@ians.in)

Source: IANS

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Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Dalal Street found no relief with incessant sell off during the month. Nifty traded on a bearish note and ended at 16025.80 with loss of 99.35 points or 0.62 percent following weak global cues on Wednesday. While Banknifty closed at 34339.50 on the higher side with marginal gain of 49.35 points.

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The weakness in US stocks is playing out globally with signs of higher inflation, which has spoiled investors’ appetite for the Indian market as well. Rising India VIX to 25.28 has led Indices to big intraday swings on both sides. Sectorally maximum sectors closed on the negative side as Nifty IT and Nifty Media sheds more than 3 percent each. While Nifty Financial Services ended on a positive side gaining 0.68 percent.

In nifty stocks, NTPC, HDFCLIFE, SBILIFE were the top gainers while ASIANPAINT, ADANIPORT and TECHM were the prime laggards. Coming to the OI Data, on the call side highest OI witnessed at 16200 followed by 16300 strike price while on the put side, the highest OI was at 15800 strike price. Technically, Nifty has formed three black crow patterns in the daily chart suggesting bearishness would remain intact. We expect a rise in volatility as well on monthly expiry day.

Riding against the trend may not be beneficial for short term traders. All major moving averages are lying above 16300 levels. Indicators such as MACD and RSI are still struggling to overcome the oversold zone in the daily time frame. Overall, Nifty is having support at 15800 mark while on the upside 16300 may act as an immediate resistance for monthly expiry. While Banknifty has support around 33500 while resistance is placed at 35200 on the daily chart.

Om Mehra
Research Associate
Choice Broking

Source: Choice India

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