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News from March 2009

L&T bags order worth Rs 1,245 cr from Bhutan

Infrastructure major Larsen & Toubro on Wednesday said it has received a contract worth Rs 1,245 crore for construction-related works at the Punatsangchhu Hydroelectric project in Bhutan. In a filing to the Bombay Stock Exchange L&T said, it has bagged a contract of Rs 1,245 crore for the construction of the Dam Package, as part [...]

Financial institutions responsible for global crisis: Pranab

Lack of regulation and inadequacy of financial institutions such as the IMF and the World Bank are the main causes of the global financial downturn and these issues should be discussed at the forthcoming G-20 meet in London, Finance Minister Pranab Mukherjee said today. “The root cause of the financial crisis is the lack of [...]

Sensex down 162 pts on first session of FY 2009-10

The Bombay Stock Exchange benchmark Sensex fell by over 162 points in early trade on Wednesday, beginning the new financial year (2009-10) on a negative note, on selling by funds after Asian stocks slipped into the red. The 30-share barometer, which had gained 140.36 points on the last session of fiscal 2008-09, fell by 162.21 [...]

13 killed in clashes in southern Philippines

Twelve Muslim separatists and a soldier were killed in clashes in the southern Philippines when government forces foiled a rebel attack on a town, the military said on Wednesday. Army Scout Rangers backed by helicopter gunships on Tuesday ambushed a Moro Islamic Liberation Front (MILF) unit on the outskirts of Alamada town, said regional military [...]

Dalai Lama to lead ‘dream spiritual team’ at peace summit

The Dalai Lama, who is an honorary citizen of Canada, will lead Nobel Peace Prize laureates at a global peace summit in Vancouver in September. According to the organisers of the summit, the Dalai Lama will lead a so-called ‘dream spiritual team’ at the “Vancouver Peace Summit: Nobel Laureates in Dialogue” from 26th to 29th [...]

Strong earthquake hits Papua New Guinea coast: USGS

A strong 6.3-magnitude earthquake struck Papua New Guinea’s northern coast on Wednesday, the US Geological Survey said, but there were no immediate reports of damage or tsunami activity. The quake hit at 0925 IST with an epicentre about 31 kilometres east-southeast of the coastal town of Wewak, at a depth of 10 kilometres, the USGS [...]

12 dead as suspected US drone fires missile in Pak

A suspected US drone missile strike has killed at least 12 alleged militants in northwest Pakistan since the attack targeted a militant hide-out in a remote area of Orakzai tribal region near the Afghan border. Officials said the two missiles that struck the compound also wounded several suspected militants. They further said the identities of [...]

SC dismisses contempt petition against Karunanidhi

Supreme Court on Wednesday dismissed the contempt petition filed against Tamil Nadu Chief Minister M Karunanidhi and Union Transport Minister T R Baalu in connection with the October, 2007 state bandh. A bench of Justices B N Agarwal and G S Singhvi dismissed the petition on the ground that the AIADMK, which had filed the [...]

Varun Gandhi shifted to Etah jail

BJP candidate Varun Gandhi, who was lodged in the district jail in Pilibhit over his hate speeches, has been shifted to Etah jail due to security reasons, official sources said. Gandhi was shifted to Etah jail on Tuesday night. He was moved out due to security reasons, the sources said, adding that he was a [...]

12 die, over 150 injured in Orissa tornado

At least 12 people have been killed and more than 150 others injured Tuesday evening as a tornado wrought havoc and left trails of devastation at villages in Rajkanika block of Orissa’s Kendrapara district. “Twelve bodies were recovered so far after the furious tornado swept 11 villages in five gram panchayats. A large number of [...]

News from March 2009

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