In Tuesday's South Asia papers

28 April 2009 05:00  [Source: ICIS news]


Front page

SC orders probe into Modi’s role in Gujarat riots
Seven years after the post-Godhra communal riots that raged through Gujarat, Chief Minister Narendra Modi, 15 of his key ministers and MLAs and bureaucrats will face a direct and thorough probe into their alleged role in the carnage that left more than 2,000 dead.

Swine flu: American, European visitors to be screened
Alarmed over the deadly pandemic reaching India, the authorities on Monday decided to screen all travellers from the US, UK, Canada, Mexico, France and New Zealand.


Economic activity may rise after polls
Economic activity, as measured by industrial production index, has increased immediately after five elections out of seven polls since 1984, when the 8th Lok Sabha was constituted.

Promoters raise stakes in companies
Seeing their stock prices at very attractive valuations, promoters are slowly shoring up stake in their companies.


Front page

Tech Mahindra says may raise open offer price for Satyam
Hinting at a possible increase in its open offer price for Satyam, the new owner Tech Mahindra has advised shareholders of crisis-hit IT firm to wait till 22 June for the final price before tendering their shares.

CAT takes a cyber leap, to go online from Nov
Almost three lakh students seeking admission into IIMs in November this year will be able to appear for the Common Admission Test (CAT) online, as India’s premier management institutes seek to transform the over three-decade-old examination system and provide more flexibility to IIM aspirants by adopting an internet-based system.


Front page

Strikers run riot at Chittagong, 15 hurt
Refusing to run on meter, CNG-run autorickshaw drivers in Chittagong went on a wildcat strike on Monday, clashed with owners and police, and damaged some 60 vehicles.

Cabinet decides on a number of issues
The terrestrial facility will be reserved only for Bangladesh Television (BTV), the country’s state run TV.


Climate change could ‘seriously hinder SE Asia development’
Climate change could "seriously hinder" Southeast Asia’s development and efforts to reduce poverty, a new study released by the Asian Development Bank said on Monday.

Global ministers warn of risk of rising poverty
Global finance and aid ministers on Sunday called on rich donor nations to deliver aid to poor countries, warning that world poverty will rise sharply as more nations fall victim to the financial crisis.


Front page

Lanka is not a political issue for DMK: Kanimozhi
With elections in Tamil Nadu just two weeks away, the Sri Lanka issue could well change the fortunes of the parties there.

Lanka ready to handover LTTE chief to India
Sri Lankan President Mahinda Rajapaksa has said Colombo would extradite LTTE chief Velupillai Prabhakaran, if caught alive, to India but after first putting him through trial in his country.


IMF’s country loan due in May
The Government’s quest for getting a speedy loan of $1.9bn from IMF has now reached a ‘Safeguards Assessment’ stage with the IMF team currently in Colombo now processing details for consideration by the IMF board while Central Bank Governor Ajith Nivard Cabral is now in Washington DC meeting with high officials of the IMF.

Regional Centre for Energy Efficient Lighting (RCEEL) launched
The Launching Ceremony for the South Asian Regional Centre for Energy Efficient Lighting was held yesterday at the Taj Samudra, Colombo amidst a host of national and international delegates.


Front page

NA’s spring session ends with a whimper
The National Assembly’s spring session was abruptly ended on Monday in mystery, without blossoming into hoped-for attainment of two major assignments, after breaking quorum for the first time in its 14-month life.

Pakistan seeks early release of arrested students
Pakistan’s High Commissioner Wajid Shamsul Hasan has appealed to the British government to release the 10 Pakistani students without further delay to undo the enormous damage done to their reputation.


No new updates


Front page

Brown supports offensive against militants
British Prime Minister Gordon Brown has said that Pakistan is taking strict actions against militancy and extremism and his government would call upon the international community for more assistance to Pakistan.

Tajikistan to be offered transit trade
Pakistan is to offer Tajikistan transit trade to and from Pakistan using its ports, warehousing facilities and other communication networks, sources in Commerce Ministry told Business Recorder.


‘Lack of regulatory framework limiting FIs’ inflow’
Lack of any proper regulatory framework for intellectual property infringements is a key factor in limiting inflow of foreign investments (FIs) in the country.

Disputes settlement of foreign investors: Arbitration act to be promulgated
The government has decided to promulgate an Arbitration Act, 2009 for speedy settlement of investment disputes of foreign investors and institutionalise services relating to arbitration, conciliation and alternative dispute resolution for local as well as foreign businessmen in a systematic manner.

By: Staff Reporter
+44 20 8652 3214

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