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Dubai storm: Realty IPOs to feel the heat
Domestic realty companies, which are planning to tap the primary market, may not see smooth sailing, as the Dubai debt crisis is likely to undermine investor confidence in the sector. As many as nine realty companies, including Emaar MGF, have filed their draft red herring prospectus (DRHP) with the market regulator, Sebi, aiming to raise about Rs 15,000 crore.

Govt to set up two regional directorates of companies
The government will set up two regional directorates to assist companies in the north western and north eastern regions, Parliament was informed today.

News of the day

'Nuclear programmes to gain momentum with UPA back in power'
The Indo-US nuclear deal and India"s subsequent entry into the Nuclear Suppliers Group (NSG), ending 34 years of nuclear isolation, has thrown open business opportunities worth an estimated $100 billion by the year 2032. The country is planning to increase its nuclear power generation by about 60,000 mega watts (Mw) within the next 25 years. This planned capacity addition is being executed by the state-owned Nuclear Power Corporation of India Ltd (NPCIL). Its head, Chairman and Managing Director SK JAIN, tells P B JAYAKUMAR about his plans and expectations. Excerpts:
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Defence forces to showcase capabilities during Dasara

Nation’s defence units will showcase their defence capability at a week-long defence show, organised for the first time during the on-going Dasara celebrations here. - BPL cards for garment workers - Kathalguri Tea Estate labours under a Marxian delusion - Isro's launches Oceansat-2 - Kavithalaya Productions in talks with PE players - Aila fuels Indo-Bangla border smuggling in Sunderbans - Rains pour cold water over Dasara plans Army, Indian Space Research Organisation (ISRO), Hindustan Aeronautics Ltd (HAL), Bharath Earth Movers Ltd (BEML), Defence Research and Development Organisation (DRDO), and Aeronautical Development Agency (ADA) are among those participating in the exhibition from September 26 to October 2. The main attractions of this exhibition will be defence capability items like rocket launchers, radars, missiles, grenades and other armaments. Mysoreans will have the opportunity to see some of these defence equipment for the first time. Besides, a separate stall will be opened to attract youth to serve in the defence forces. Apart from showcasing the opportunities available for youth in the defences forces, the exhibition is aimed at educating people on the country’s defence capability and modern defence equipment. The last day’s Dasara procession too will have an additional attraction from the defence this time. MIG-23 and T-72 tank will be part of the Vijaya Dasami procession on September 28. Around 150 sepoys of the Maratha contingent will demonstrate in the torch-light parade at Banni Mantap grounds, said Dasara Media Coordinator M R Ravi today. Meanwhile, the illumination of Brindavan Gadens at Krishnarajasagar has been extended up to 10 pm from 7 pm from September 26 to 30, on account of Dasara celebrations.


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