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India News on November 28, 2011


Reforms in retail sector should not be conduit for money laundering, says Swamy
With a united opposition mounting pressure on the Centre to revoke the decision of 51 percent Foreign Direct Investment (FDI) in multi-brand retail, anata Party chief Subramanian Swamy on Monday urged the government to ensure that the latter's move to open up the retail sector for the global giants does not pave way for money laundering in Asia's third-largest economy. ANI

Lokpal row: Anna dares Govt., threatens to fast again
Veteran social activist Anna Hazare on Monday threatened to fast again in case the government fails to pass an effective Lokpal Bill in the ongoing Winter Session of Parliament. ANI

2G scam case: Kanimozhi gets bail, DMK welcomes Delhi HC verdict
The Dravida Munnetra Kazhagam (DMK) on Monday welcomed the Delhi High Court's verdict that granted bail to its lawmaker Kanimozhi in connection with the 2G spectrum scam case. ANI

Govt. in minority over FDI in multi-brand retail, says Gurudas Dasgupta
Demanding the Centre to revoke its decision of allowing 51 percent Foreign Direct Investment (FDI) in multi-brand retail, Communist Party of India (CPI) lawmaker Gurudas Dasgupta on Monday said there is no point on discussing the issue in the Parliament because the government is in minority and facing stiff opposition from various political outfits. ANI

India, Bulgaria to cooperate in health and medicines
India and Bulgaria today signed a Memorandum of Understanding (MoU) on health and medicines to usher in new era of cooperation between the two nations. ANI

BJP expresses concern over Bhutan's reported orders for Indians to exit country
Expressing concern over Bhutan's alleged orders for 3000 Indians to leave the country by tomorrow, Bharatiya Janata Party (BJP) leader Vijay Jolly on Monday said that the orders would strain relations between the two countries. ANI

PM, Pranab meet ahead of Tuesday's proposed all-party meeting to end parliament logjam
With a united opposition demanding the immediate rollback of a government decision on 51 percent Foreign Direct Investment (FDI) in multi-brand retail, Prime Minister Dr ANI

Pakistan - Intrigues, manoeuvres, aspirations and turbulence- Memogate- who dunnit and why
The shortest distance between two points is a straight line. But not in Pakistan, where things evolve in a convoluted and conspiratorial fashion. ANI

Govt. calls all-party meeting tomorrow to solve Parliament logjam
With both the Lok Sabha and the Rajya Sabha not being able to function properly over the last five days following the decision on Foreign Direct Investment (FDI) and the spiralling prices of essential commodities, the government is likely to hold an all-party meeting here on Tuesday to end the logjam in Parliament. ANI

Rahul Gandhi appeals youngsters to join politics to eradicate corruption
Congress General Secretary Rahul Gandhi on Monday urged the youth of the country to participate in politics to clean the system and do away with the menace of corruption. ANI

Kanimozhi, four others get bail in 2G case
The Delhi High Court on Monday granted bail to Dravida Munnetra Kazhagam (DMK) Member of Parliament Kanimozhi and four others accused in the 2G spectrum allocation scam case. ANI

JD-U opposes FDI in retail sector
Janata Dal-United (JD-U) chief Sharad Yadav on Monday opposed the Centre's decision to approve 51 percent Foreign Direct Investment (FDI) in multi-brand retail, and accused the ruling Congress Party of giving away the entire retail market in the hands of foreign investors. ANI

Delhi High Court grants bail to Sukhram
The Delhi High Court today granted bail to former telecom minister Sukhram, who was arrested for taking a Rs. 3 lakh bribe to give a lucrative contract to a private firm in 1996. ANI

FDI storm rocks Parliament, both Houses adjourned for the day
Both Houses of Parliament were adjourned till Tuesday with the opposition expressing strong resentment against the government's decision to allow 51 per cent Foreign Direct Investment (FDI) in multi brand retail. ANI

Manmohan Singh meets President Patil
Prime Minister Dr. Manmohan Singh met President Pratibha Devisingh Patil on Monday and brief her about his recent foreign visits and the ongoing session of Parliament. ANI

Did Vajpayee govt sleep for a year over intelligence alert on Kargil?
Former Prime Minister Atal Bihari Vajpayee had knowledge about infiltration from the neighbouring country in 1998, but his government did not pay attention to intelligence reports on the Pakistan Army's intrusions in Kargil in 1999, according to an army think tank. ANI

Mamata Banerjee defends Maoist leader Kishenji's killing
West Bengal Chief Minister Mamata Banerjee has defended her government's move to kill top Maoist leader Koteswar Rao alias Kishenji. ANI

Religare Finvest Gets Rs150cr from Avigo Capital
Religare Finvest Limited (RFL), one of India’s largest capitalized NBFCs and a wholly owned subsidiary of Religare Enterprises Limited, today announced that Avigo Capital (Avigo) has completed an investment of Rs150cr in the form of compulsory convertible preference shares (CCPS). Religare Finvest Limited is on a fast growth trajectory, focusing on small and medium enterprises (SME) financing Business Wire India

DNCIndia -a Drishti-Soft initiative wins eNorth East Award 2011
DNCIndia.com, India's first free online DNC scrubbing service has been awarded the eNorth East Award 2011 at the 2nd eNorth East Award Summit & North East India Digital Festival. Held on 25th November 2011, in Nagaland, the event was organized by YouthNeT, North East Development Foundation and Department of Information Technology, Nagaland Business Wire India

Frost & Sullivan Launches Green Manufacturing Excellence Awards 2012
Global warming and a consciousness to preserve the eco system have made ‘Sustainable Development’ a key focus area for governments and companies. Carbon emissions per capita are lower for India compared to many other countries but in absolute numbers, we are among the largest carbon emitters in the world Business Wire India

GVK Biosciences announces Multi-Year Drug Discovery collaboration with the Moulder Center for Drug Discovery Research, Temple University
GVK Biosciences (GVK BIO), Asia’s leading drug discovery research & development organization, announced today that it has entered into a drug discovery alliance with the Moulder Center for Drug Discovery Research at Temple University Business Wire India

Sports Illustrated Swimsuit Edition - One of the Biggest Franchises in Media set for a Smashing Indian debut
This November, SPORTS ILLUSTRATED INDIA, the country’s leading English-language sports magazine, brings an iconic super brand to Indian readers with the 2011 SPORTS ILLUSTRATED SWIMSUIT issue Business Wire India

Ocean Optics Adds New Triggering and Interface Options for Maya2000 Pro Spectrometer
Ocean Optics (www.OceanOptics.com) has added triggering functions to its Maya2000 Pro back-thinned CCD miniature spectrometer to provide accurate timing and synchronization between the spectrometer and other devices. Three low-jitter trigger and normal operating modes are now possible Business Wire India

QAI to Organize the 11th Annual Software Testing Conference (STC 2011)
Business Wire India

Custom Installer Branding for Texecom Security Products
Award-winning intruder alarm manufacturer Texecom has launched a product branding scheme for installers to brand the company’s devices with their own logo and contact details Business Wire India

Kirk Key PPS Interlock Achieves Power Panel Isolation
Kirk Key’s new Power Panel Switch (PPS) interlock provides reliable electrical isolation in a flexible design to fit a variety of equipment configurations. Ideal for switchgear, electrical distribution, and machine guarding applications, the PPS is available in all three of Kirk’s duty series, with six standard contact arrangements, as well as custom configurations Business Wire India

Dr. Steven Kuwahara to conduct GlobalCompliancePanel’s 3rd India Seminar on `Validation of Methods and Processes’ at the Leela Kempenski Mumbai, 5-7 December 2011
Delaware, US-headquartered leading online training gateway GlobalCompliancePanel will conduct the third live seminar in its FDA India series, Validation of Methods and Processes. The Leela Kempenski Hotel, Mumbai, will be the venue for this event, which will be from December 5th to 7th, 2011 Business Wire India

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