In Friday's South Asia papers
21 December 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 Friday. 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
Haneef wins court battle to return to Australia
Mohammed Haneef won a court battle on Friday to return to Australia on a work visa. The full Bench of the Australian Federal Court dismissed an appeal lodged by federal government lawyers against a judge's decision to reinstate Mohammed Haneef's visa.
Vroom with a whew! Tatas set for motown debut
When the patriarch Jamshedji Tata traveled to the US in 1902, he visited many cities in the country’s rust belt, looking for technology for his proposed steel mill in India. But India's greatest business visionary searched for other opportunities too.
Tatas seek apology from Orient Express
On Wednesday, RK Krishna Kumar, vice chairman, Indian Hotels Corporation (IHCL) which owns the Taj group of hotels, shot off a missive to Paul White, CEO, Orient-Express (OEH).
RIL, HPCL bid for ailing sugar mills
At least four companies, including the country's biggest private sector refiner Reliance Industries and public sector oil major Hindustan Petroleum, have bid for the 15 sick sugar mills in Bihar.
THE ECONOMIC TIMES
Capital Gains: Blue-chip PSUs may pay bonus
It’s party time for investors who have remained invested in public sector companies. The government plans to ask blue-chip PSUs including NTPC, BHEL, SAIL, ONGC, IOC, BPCL, HPCL and Gail to issue bonus shares, as their reserves and surplus have increased to several times their paid-up capital.
Single team to run Kingfisher-Deccan combine
Vijay Mallya is trying to turn conventional aviation wisdom on its head. India’s new aviation czar is putting in place one common management team to run the newly-merged Kingfisher-Deccan combine.
THE BANGLADESH TODAY
Holy Eid-ul-Azha tomorrow
Eid-ul-Azha, the second greatest religious festival of the Muslims, will be celebrated in the country tomorrow (Friday) with due solemnity and traditional enthusiasm.
UK seeks govt clarification on when emergency to go
The UK has sought clarification from the caretaker government as to when the state of emergency would be lifted as Britain supports the roadmap on holding the general election before December 2008 and restoration of full democracy as early as possible.
DSE closes higher to finish pre-Eid trading
Share prices in the Dhaka Stock Exchange (DSE) closed higher on Wednesday to finish pre-Eid trading, as investors took position on expectation of profits after a 6-day vacation.
Microcredit booming, helping half a billion people
Microcredit, tiny loans to the world's poorest, is booming and now benefits more than half a billion people, a survey said yesterday, but Africa and Latin America lag behind Asia and unscrupulous lenders are cashing in.
Make Sri Lanka "e-ready" for the future
The Computer Society of Sri Lanka (CSSL) elected new office bearers for 2008 at the Annual General Meeting held last Friday. The newly appointed President of CSSL Director (Information systems) Sri Lanka Ports Authority Dr Prasanna Lokuge declared the future theme of the society, "Make Sri Lanka e-ready" .
Microsoft in strategic partnership with Mobitel
Sri Lanka Telecom Mobitel, the national mobile services provider recently entered into a ground breaking strategic partnership with Microsoft Sri Lanka by signing an Enterprise Agreement and adopting the global software giant's most preferred offering for corporate customers.
UNP pushing ahead with reforms
Opposition UNP Leader Ranil Wickremesinghe yesterday said he would start a series of meetings with all political parties and civil society groups within two weeks, to discuss the party’s proposals to amend the Constitution.
Bus accident injures thirty
At least thirty people were injured when a private bus skidded off the road and rolled down a fifty foot precipice in Nawalapitiya around 8.30 last night. Nawalapitiya police said that the bus, plying from Talawakelle to Nawalapitiya, met with the accident while attempting to negotiate a bend on the road in Queensbury estate.
Main parties get CDs of error-free rolls
The Election Commission handed over on Thursday electronic copies of computerised electoral rolls to three major political parties.
Sabotage unlikely in train crash
The Pakistan Railways said on Thursday that while investigation was still under way, sabotage did not appear to be the cause of derailment of the Karachi Express which, according to the revised figures, killed at least 40 people and injured 249 others on Wednesday night.
Leaders defend manifestos
Pakistan Muslim League chief Mohammad Nawaz Sharif speaks about the fundamental reforms initiated during his tenure to strengthen institutions. The following is the text of an interview with Mohammad Nawaz Sharif:
A pre-election ritual or more
Blame it on ignorance, fatalism, apathy, de-politicisation, trust deficit, lethargy or wisdom derived from political history, the fact is that people of Pakistan are either indifferent or too confused to differentiate between political parties on the basis of their manifestos.
Nawaz Sharif to arrive Karachi on Sunday
Leader of Pakistan Muslim League (N) Mian Nawaz Sharif will arrive on a two-day visit here at 11.30 am on Sunday. This was stated by the acting president PML (N) Sindh Saleem Zia while addressing a press conference here Thursday.
President, PM urge nation to stand united, shun differences
President Pervez Musharraf and caretaker Prime Minister Mohammadmian Soomro have asked the nation to stand united, rise above differences by keeping in view spirit of sacrifice and vote capable and honest people to power.
Pak-China investment company to launch on 27 December
The Investment Division and Board of Investment will hold launching a ceremony of the Pak-China Investment Company at the governor's house on 27 December. The government and its Chinese counterpart have set up joint stock company Pak China Investment Company with an initial capital of $200m.
'Trade cooperation among Saarc states top priority'
President-elect South Asian Association for Regional Co-operation (Saarc) Chamber of Commerce and Industry Tariq Sayeed said that all out effort would be made to accelerate the process of economic and social development among the South Asian countries.By: Staff Reporter+44 20 8652 3214
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