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Disappointing show
While L&T’s December quarter results and cut in its 2009-10 guidance are disappointing, most analysts believe it to be a blip.

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CM to meet PM on water project
Chief minister B S Yeddyurappa will lead an all-party delegation to meet Prime Minister Manmohan Singh on January 13 seeking his intervention to withdraw the revocation order on the Kalasa-Bandori Nala drinking water project.

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SEC shares info with CBI on Satyam scam probe
A three-member team of United States Securities and Exchange Commission (SEC), America"s federal agency to regulate the securities industry in that country, exchanged information with the CBI probing into the multi-crore accounting scam at Satyam Computer here.
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CM hits back at Gowda over BMIC

Chief minister B S Yeddyurappa has said that H D Deve Gowda has no locus standi to criticise the Bangalore-Mysore Infrastructure Corridor (BMIC) project as it was he as chief minister who had cleared allotment of land at a lower price and had even signed an agreement accepting the clause that courts in London would have jurisdiction on dispute redressal. - K"taka clears ArcelorMittal, Posco"s investment proposals - Sugar mills get a bitter taste over power tariff - Farmers threaten to agitate against land acquisition - CM to meet PM on water project - Karna CM holds talks with dissident MLAs - "I have committed several mistakes" “My government has not signed these agreements,” he said, rejecting the reservations expressed by Gowda on the project, on which the former Prime Minister has moved the Supreme Court. The response of ministers and his party legislators was “good” at yesterday’s Legislature party meeting, where it was decided that all should work unitedly to implement development works, he said. Besides, the chief minister has promised to present a “pro-people” Budget this March and to review progress of implementation of the proposals in the 2009-10 Budget in two-three days.


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