In Monday's South Asia papers

31 August 2009 05:00  [Source: ICIS news]

THE TIMES OF INDIA

Front page

Vasundhara Raje may meet top BJP, RSS leaders today
Former Rajasthan CM Vasundhara Raje’s fate hangs in balance as she may have to put in her papers and settle for a post in the central leadership.

H1N1 virus turning Tamiflu-resistant
An increasing number of countries, including some in Asia, are now reporting Tamiflu resistant H1N1 virus. India has not reported the mutation in the virus so far.

Business

CAG rejects audit meet records
The statement was part of a denial to a posting on the website of exploration regulator DGH, claiming CAG had completed audit of RIL’s field.

FII inflow tops $8bn in 2009
Foreign institutional investors’ (FIIs) net investments in Indian equities crossed $8bn in calendar 2009 with foreigners buying stocks worth $274m on Friday.

THE ECONOMIC TIMES

Front page

Lehman shock: Will market move ahead this Sept?
September is just a trading day away. If 2008’s performance is any yardstick, the month would strike fears in the hearts of many stock market participants.

Raju, family attempted to bid for Satyam: TN Manoharan
B Ramalinga Raju, the defamed founder of Satyam Computers, and his family attempted to bid for the beleaguered IT firm, even as one of the pre-conditions for bidding was a good corporate governance track record.

THE BANGLADESH TODAY

Front page

Govt wants to implicate BNP leaders in BDR mutiny case
BNP Vice-President MK Anwar on Sunday alleged the government will not disclose the investigation reports of two-day long bloodstained BDR mutiny at Pilkhana until they can make opposition party leaders and activists accused in this connection.

H T Imam’s comments ‘irrelevant’: Suranjit
A parliamentary watchdog chief has termed prime minister’s advisor H T Imam’s comments on the summons "indecent and irrelevant".

Business

Good climate for foreign investment: Manmohan
Britain’s Cairn Energy on Saturday began pumping crude from a vast oilfield in the Indian desert state of Rajasthan that is set to increase the country’s crude output by 20%.

RMG sector seeks Tk2,000 crore as stimulus package to give salary, bonus
Garment manufacturers need Taka 2,000 crore as rescue fund to meet urgent requirements ahead of Eid, as workers and employees are mounting pressure on the factory owners for paying two months’ salaries and festival allowances.

DAILY MIRROR

Front page

Sri Lankan minors among those ‘detained’ in UK
More than 400 minors including children from Sri Lanka are among those being detained with their families at immigration detention centres in Britain, the Guardian newspaper reported.

TNA ready to support the President
The Tamil National Alliance (TNA) has said it is ready to support President Mahinda Rajapaksa to resolve the national issue.

Business

IMF injecting $283bn into global economy
With much of the world still mired in recession, the IMF took action to bolster its members’ reserves through an allocation of SDRs, or Special Drawing Rights.

Hemas Power boosts national supply
Hemas Power has, since its launch in 2003, supplied local consumption through both its joint venture thermal power plant in Puttalam and its hydro power plant in Teldeniya in its efforts to supplement the national demand for power.

DAWN

Front page

Nato supply tankers on fire after explosion
At least 15 oil tankers, trailers and containers caught fire in Chaman on Sunday night after a blast in a vehicle carrying supplies for Nato forces in Afghanistan.

Suicide bomber kills 16 police cadets in Swat
A terrorist blew himself up inside a police training centre in Mingora on Sunday, killing 16 recruits of the newly-formed Community Police Force and injuring four others.

Business

Talks on NWFP’s hydel profit demand achieve little
Talks between the NWFP and Wapda failed to make any progress in resolving the lingering issue of Frontier’s Rs251bn claims in net hydel profit.

Site criticises KWSB for cutting water supply
Chairman Site Association of Industry has condemned the attitude of KWSB by stopping the supply of water to Site area since last few days on account of its dispute on arrears with the SITE Ltd.

BUSINESS RECORDER

Front page

Review petition filed against SC’s 31 July verdict
Five Provisional Constitution Order (PCO) judges on Sunday filed a review petition in the Supreme Court against its 31 July verdict, Aaj News reported.

Detailed scrutiny of data: Anti Evasion Cell picks five top sectors
The ‘Anti-Evasion Cell’ of the Federal Board of Revenue (FBR) has picked five top sectors – cement, sugar, beverages, cigarettes and lubricants – for detailed scrutiny of data to check any kind of evasion of duties and taxes.

Business

Industrialists resent Rs2m/acre PDC raise by PQA: Land transfer fee, NUF revised
The Port Qasim Authority (PQA) has enhanced the rate of Peripheral Development Charges (PDC) by 100%, or Rs2m/acre, for all categories of allotment lands in its industrial estate, except the area for edible oil and molasses.

US officials call on Pir Ahsanuddin
Representatives of US Sate Department, Mark Palermo and Dr Warren Weinstein, called on Advisor to Chief Minister Punjab on Economic Affairs and Vice Chairman Punjab Board of Investment & Trade (PBIT), Pir Saad Ahsanuddin here on Sunday.


By: Staff Reporter
+44 20 8652 3214



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