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SC notice to Trai, RCom, Tata Tele, Vodafone others
The Supreme Court has issued notice to 11 parties, including Trai, Reliance Communications, Tata Teleservices, Vodafone Essar, on a petition by state-run BSNL challenging removal of Access Deficit Charge (ADC), a levy paid by private telecom operators for funding the PSU"s operations in rural and remote areas.

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US sees 9 banks bail in 2010; five go belly up in 1 day
With five more entities folding up, the total number of American bank failures has touched nine in 2010.

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Tata Motors to shut Pune plant for 3 days
Tata Motors, India’s largest auto manufacturer, will shut down manufacturing operations at its Pune’s commercial vehicle (CV) unit for three days.
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One-line battles

After the contents of his note to the prime minister were made public, Environment Minister Jairam Ramesh called up the AIADMK leader in the Rajya Sabha, D Maitreyan, to see if his ideas could get some support across the political spectrum. When Jairam said he wanted to discuss the policy on climate change with him, Maitreyan was quick to respond, “ Look Jairam, if it is political change, our Madam is ready…” Never one to be caught without a reply, Jairam was equally quick to quip, “I am now tasked with only geographical climate change … political climate is in the hands of our Madam…”


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