Telangana crisis: Companies put plans on hold in Andhra.

The Telangana agitation over the Centre’s decision to create a new state in the region has forced several companies, including Bharat Forge, the Lakshmi Mittal Group and the NTPC-BHEL joint venture, to either put their expansion plans on hold or explore other states. - Telangana crisis: Five fasting students shifted to hospital - Japan asks India to sign CTBT - India, Japan want to ink trade pact by next year - State gears up for Telangana bandh - A K Bhattacharya: From Hindutva to aam aadmi">A K Bhattacharya: From Hindutva to aam aadmi - Japan wants India to sign CTBT Addressing the media here on Tuesday after a meeting with industry representatives, Chief Minister K Rosaiah said Bharat Forge, which planned to set up a nuclear power plant equipment unit at Nellore at an estimated cost of Rs 2,500 crore, was considering moving to Gujarat. outlook express 2gb limit

Obama admn accords high importance to ties with India in 2009.

The Indo-US strategic relations deepened further in 2009 which saw installation of Barack Obama as the first black President, who attached high importance to bilateral ties and invited Prime Minister Manmohan Singh as his first State Guest. - The game changers - Buddha meets PM - Engaging Pakistan - PM stresses more spending on science & Tech - Congress to meet on Dec 29 over JAC participation - Reforms have reduced poverty, says PM Almost every step of the Obama administration since it assumed office on January 20 indicated that the US valued its relationship with India and wanted to deepen the bond between the two countries -- the world"s oldest democracy and the world"s largest democracy. Obama called India a natural ally of the United States and to showcase the world that how much he valued the relationship, he invited Prime Minister Singh as his first State Guest. contactos

OMCs turn to CPs, debentures as credit needs rise.

Oil marketing companies (OMCs) are increasingly going in for debentures and commercial papers for meeting their short-term credit requirements. The largest petroleum marketer, Indian Oil Corporation, has raised around Rs 5,000 crore and Hindustan Petroleum Corporation has raised Rs 2,000 crore through sale of commercial papers (CPs) over the past two months. Bharat Petroleum Corporation recently raised Rs 1,000 crore through debentures. - HPCL to pump Rs 6,900 cr in diesel production facilities - OMCs rally on better corporate results - Govt asks OMCs to clear backlog on LPG connections in 2 months - ATF prices raised by Rs 108 per kilolitre - Govt-private firms tussle over petro prices intensifies - Oil companies go slow on retail spread The short-term borrowing requirement of OMCs has increased due to the spurt in international oil prices. The average Indian basket has risen to $76 a barrel from $59 a barrel in April-June. Broadcasting video advertising

IPL team owners may hold back franchise payment.

The eight team owners of the Indian Premier League (IPL) are all set to lock horns with the Board of Control for Cricket in India (BCCI) by refusing to pay their next instalment of the franchisee fee which is due in January 2009. - IPL chief Modi denies rift with franchise owners - BCCI finds no Sahara for India - Advertisers stump BCCI on sponsorship - BCCI expands the field for IPL 2010, adds two teams - IPL sells theatrical rights for Rs 330 cr - Mumbai ODI washout hits Oriental Insurance The reason: the cricket body has not met its commitment to pay monetary compensation for shifting the IPL Twenty-20 tournament to South Africa this year. Two, it has still not paid them their share (80 per cent has to go to the teams) of the broadcasting rights’ money earned from Sony TV.


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