In Tuesday's South Asia papers

25 November 2008 05:00  [Source: ICIS news]

THE TIMES OF INDIA

Front page

Malegaon: RSS seeks 'course correction'
After initially dismissing Maharashtra ATS "leaks" as motivated, RSS chief K S Sudarshan seems to be looking to distance RSS from the Malegaon accused.

ATS made me see obscene CD: Sadhvi
In a setback to Mumbai Anti-Terrorism Squad in Malegaon blast case, a MCOCA court here rejected the agency's plea for granting it the Sadhvi Pragya Singh Thakur, accused in the Malegaon blast case, arrives at the special MCOCA court in Mumbai on Monday.

Business

India has over 325m mobile users
Continuing the trend of adding telephone subscribers at a blistering pace, the country saw a net addition of about 10.29m users in October against 9.79m in September.

AI, Kingfisher set for reduction in fares
While State-run Air India is working on a plan to cut fare by 12-15% from next month, Kingfisher Airlines has decided to follow that move.

THE ECONOMIC TIMES

Front page

Gap-up opening likely as global markets cheer Citigroup bailout
Stocks are headed for a gap-up opening on Tuesday joining the global party following Citigroup's bailout plan and after US President-elect Barack Obama unveiled his economic team and promised to take "extraordinary policy responses" to save the world's largest economy from a major financial crisis.

Wall Street crisis threatens 225,000 New York jobs
As many as 225,000 jobs could be lost in New York city and state due to the Wall Street crisis, state comptroller Thomas Dinapoli has said.

THE BANGLADESH TODAY

No new updates

DAILY MIRROR

Front page

Two soldiers killed in Claymore attack in Kalawanchikudi
Military sources confirmed that two soldiers were killed this morning in a Claymore attack in Kalawanchkudi in Batticoloa.

HR situation deteriorating in the East- HRW
The government should take immediate steps to address the deteriorating human rights situation in the Eastern Province, where there has been an increase in killings and abductions in recent weeks, Human Rights Watch said today.

Business

BOC debut debenture issue oversubscribed
The Bank of Ceylon (BOC) received Rs 4,272.37m worth of applications oversubscribing the initial tranche of Rs.3bn in the Bank’s debut Rupee capital market issue which BOC considers a milestone in the path of success in the industry of banking and finance towards building stable balance sheets and capital adequacy.

Lake house printers teams with Malaysia’s Asia Pacific cards
Asia Pacific Cards & System Sdn Bhd (APCS) of Malaysia, one of Malaysia’s leading security card producers, has joined forces with Lake House Printers and Publishers PLC (LHPP) to market cutting edge, highly-secured, cost effective Smart and Banking cards to the local market.

DAWN

Front page

Success claimed in Michini operation: 25 militants killed, 40 arrested
Security forces on Monday claimed to have killed 25 hardcore militants during a military operation in the restive Michini area.

Bomb blast rocks Imambargah
Ten people, including a woman, were injured in two bomb blasts in the city on Monday.

Business

Steel bar prices drop by Rs 7,000 per ton
The price of steel bars (sarya) plunged to Rs 55,000-56,000 from Rs 61,000-62,000 per tons two weeks back following cut in prices of billets by Pakistan Steel.

KSE awaits funds; SECP trying to do needful
Efforts were being made to arrange funds and the process was under documentation, chairman, Securities and Exchange Commission of Pakistan (SECP), Mr Razi-ur-Rehman Khan, told Dawn on Monday evening.

BUSINESS RECORDER

Front page

IMF board approves $7.6bn loan to Pakistan
The International Monetary Fund said on Monday its executive board approved a credit of 7.6bn dollars for Pakistan, the Fund's first rescue in Asia since the global financial crisis began.

45 militants killed in Swat, Mohmand agency
Troops on Monday killed at least 20 militants during clashes in Swat, officials said.

Business

UAE firms want to invest
Heads and chief executives of two major UAE companies including the Abu Dhabi Fund for Development and Etisalat separately called on President Asif Ali Zardari here on Monday and expressed their keenness to further invest in different fields in Pakistan.

Punjab to adopt results-oriented approach: 19 MoUs inked with China, says Shahbaz
Punjab Chief Minister Mian Mohammad Shahbaz Sharif on Monday announced to adopt results oriented approach to materialise 19 MoUs signed in different fields including Agriculture, Livestock, Power, Information Technology, Transport Energy, etc, for joint venture during his recent visit to China, which he described as highly successful.

By: Staff Reporter
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