In Monday's South Asia papers

26 November 2007 04:30  [Source: ICIS news]

MUMBAI (ICIS news)--These were the top stories at 4:00GMT in the following South Asia newspapers’ online versions on Monday. ICIS has not verified these stories and does not vouch for their accuracy. To go to the individual websites, click the links below:

The Times of India
Front Page

Earthquake rocks Delhi, adjoining areas
A minor earthquake rattled New Delhi and adjoining areas early on Monday morning, but there were no immediate reports of injuries or damage.

Centre adopts carrot and stick policy on Taslima's visa
The Centre seems to have dangled a carrot, while at the same time wielding a stick, to solve the problem of Taslima Nasreen. It appears that officials of the ministry of external affairs (MEA) have "suggested" to her that she move out of India before her visa expires in mid-February.

Business

Rising rupee creates more billionaires
Rupee's sharp rally may have cost millions of people their jobs in export-oriented sectors, but the country's billionaires--who owe over one-tenth of their wealth to the currency appreciation--are not complaining.

ITeS companies bet on solution accelerators
Solution Accelerators is the new buzzword among ITeS companies, says a Forrester Report. And companies opting for it will gain ground in the sector. The report says, technology service companies are now resorting to these pre-developed softwares to automate business processes.

The Economic Times
Front Page

CEO Cookout: Expats on Indian adventure
They were briefed to cook up a storm, and they didn't disappoint. More than that, Wim Elfrink of Cisco, Martin Dlouhy of Metro Cash & Carry and Jean Marc Delpon de Vaux of SABMiller--our protagonists for the expat edition of the ET CEO Cookout in Bangalore--shared their recipes and toolkits for the Great Indian Adventure.

Stock-specific approach can fetch dividends
Stocks witnessed a broad-based fall last week amid weak global cues and year-end profit booking by FIIs. The Sensex slipped by around 845 points (4.3%) to close at 18,853 while Nifty lost 298 (5%) to close at 5608.

The Bangladesh Today
Front Page

Bad communication hampers relief operation
Many cyclone-hit areas are still without relief as the communications are yet to be restored in those areas badly damaged by the deadliest cyclone SIDR.

Hafizuddin demands lifting of emergency, holding of polls
The Saifur-led BNP acting secretary general, Major (retd) Hafizuddin Ahmed, on Saturday urged the government to withdraw the state of emergency within the next one month and hold general election at an early date for restoring democracy in the country.

Business

UK hopes for world trade deal within weeks
British Prime Minister Gordon Brown said today he hoped for agreement on a new world trade deal within weeks.

SAARC-CEC meeting begins in Dhaka
A two-day meeting of the Committee on Economic Cooperation of the South Asian Association for Regional Cooperation (SAARC-CEC) began in Dhaka on Saturday seeking ways to boost trade in the region.

Daily Mirror
Front Page

JVP urges government to express regrets to Pakistan
The JVP yesterday urged the government to express its regrets over the blunder concerning the suspension of Pakistan from the Commonwealth Organisation.

SLMM concerned over security in east
The SLMM has expressed concern over continuing disappearances, killings and abductions in the eastern part of the country.

Business

Softlogic: The newest addition to the "Superbrand" family
Softlogic Holdings, one of Sri Lanka’s foremost business organizations, was recently awarded the eminent Business Superbrand status, under the ‘Diversified Conglomerate’ category by the Superbrands council of Sri Lanka.

Sri Lanka far behind most Asian countries in Logistics
According to the Logistics Performance Index (LPI) 2007 conducted by the World Bank, Sri Lanka ranked 92 out of 150 other logistic players in the world.

Dawn
Front Page

APDM to boycott elections : Government given four days to lift emergency
The All Parties Democratic Movement (APDM) on Saturday announced that it would boycott the 8 January elections.

PPP with opposition
Pakistan Peoples Party chairperson Benazir Bhutto has assured Muttahida Majlis-i-Amal President Qazi Hussain Ahmed that the PPP would go along with the other opposition parties over participation or boycott of elections.

Business

Crisis in cotton economy deepening
As crisis in cotton economy is deepening, it is causing anxiety and uncertainty in textile industry which is looking for a way out by ensuring supply of quality cotton through higher import of lint cotton from India and other countries.

Smuggling of scrap alarms Gadani shipbreakers
Massive smuggling of scrap from Iran and Afghanistan is badly affecting Gadani Shipbreaking industry as scrap is reaching market without any check.

Business Recorder
Front Page

Nawaz home from exile, vows to end dictatorship
Nawaz Sharif ousted in a coup by President Pervez Musharraf, returned home from exile Sunday vowing to help rid the emergency-ruled nation of dictatorship.

Nawaz arrival to improve political scene: Sherpao
Former Federal Minister Aftab Ahmed Sherpao Sunday welcomed the arrival of former PM Nawaz Sharif saying it will greatly help improve the overall political environment of the country.

Business

Oil, gas and power rates to be rationalised in 4-5 weeks
Caretaker Finance Minister Dr Salman Shah has said political uncertainty has not affected country's economic fundamentals and the economy is still on the right track.

Crisis worries investors: analysts
With names like Next, McDonald's and Rolls Royce appearing in Pakistan's cities, evidence of growing foreign investment is easy to see-but analysts warn that emergency rule could put it all at risk.

By: Staff Reporter
+44 20 8652 3214

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