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Satyam case: Court posts hearing on framing of charges to Dec 9
A court here hearing the alleged multi-crore Satyam accounting scam, today posted the hearing on framing of charges against B Ramalinaga Raju, former chairman of Satyam Computer and nine others accused in the matter to December 9. http://smallpersonalloans.org.uk

Amtek Auto raises Rs 360cr from FCCBs
Delhi-based auto component player Amtek Auto announced today that the company has raised an additional $75 million (Rs 360 crore) through 5.625 per cent Foreign Currency Convertible Bonds (FCCB).

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DLF Q1 net plunges 79% to Rs 396 cr
Realty giant DLF has reported a 78.76 per cent plunge in its consolidated net profit to Rs 396 crore for the quarter ended June 30 due to sharp decline in demand for its housing and commercial properties.
International Business

Situation in North-East far from comfortable: PM

As violence in Manipur and Assam continued unabated, Prime Minister Manmohan Singh today said situation in the North-Eastern states was far from comfortable. - Diverting attention - NHPC suffers loss of 100 mn unit at two power plants - NHPC replaces NEEPCO to build Manipur"s Tipaimukh Dam - Ten-member Bangla delegation to visit India next week - Union budget "frustrating" for Northeast, says minister - Manipur declared drought-hit "The situation in the North-Eastern parts of our country is far from comfortable. In two of the states, Manipur and Assam, current levels of violence give us cause for concern," he told a conference of Directors General and Inspectors General of police organised by Intelligence Bureau. The Prime Minister said extortion and intimidation have become a menace across most of the states in the region. "It should be possible, I believe, to bring about a substantial improvement in the situation if there can be better security management," he said. Asking the DGPs of the North-Eastern states to insist on and achieve higher levels of professionalism from the forces they command, the Prime Minister said "firm but compassionate handling of law and order matters, can certainly bring about substantial improvement in the prevailing state of affairs".


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