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A Mahalakshmi temple called ‘Sripuram’ and made of more than a tonne of pure gold will glitter and gleam under the sun on August 24 when it is unveiled for consecration by the Sri Narayani Peetam headed by a 31-year-old godman who calls himself Narayani Amma. Devotees hail the temple as ‘one of the wonders of the world’ and say that it is the only temple covered fully with gold.

More than 400 gold and coppersmiths from the Thirupath Thirumala Devasthanam are said to have worked for six years to craft the Rs 600-crore gold temple located on 55,000 sq ft of land on a 100-acre salubrious stretch in Malaikodi, about 6 km from Vellore in north Tamil Nadu. According to official sources, the gold bars were purchased through RBI in “a transparent manner.”

some of the major US clients are postponing IT projects to the next quarter. This was revealed by the management of Tata Consultancy Services (TCS) today.The company’s Chief Operating Officer N Chandrasekaran said this was expected. “Clients are delaying their projects this quarter. It is not cancelled but it is not happening this quarter as was expected,” he maintained. The statement is a clear hint from India’s largest IT company that the sector will have to live with sluggish growth, at least for the near term.
TCS earns about 30 per cent of its topline from top 10 clients as of last quarter. And the impact of delayed projects will pull down any incremental growth in that percentage going forward. The company has launched a strategic business unit to tap small and medium enterprises between Rs 100-500 crore in size at home. It is also targeting over Rs 2,000 crore in revenue from domestic market alone before it replicates the model elsewhere.