Vol XXXVI (No. 10), 07 Oct 2008  

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Fears of a Recession still Growing Stronger
MIL/NYT, Oct 7, 2008
Washington, October 7, 2008 – After White House brought out its $700 billion rescue plan two weeks ago, it just meant to reestablish trust and confidence in the global financial system.

NANO’S Future Uncertain, will it stay in Gujarat?
MIL/Agencies, Oct 7, 2008
Ahmedabad, October 7, 2008 – IR Summary/Agencies - The future of NANO is uncertain, it came out from West Bengal, it is also being considered whether it should roll out from Gujarat or to stay there, the meeting between two giants i.e. Gujarat Chief minister Narendra Modi and Tara Motors Chairman Ratan Tata may decide its luck today, where the status of Nano stands.

Signing of formal Indo-US Deal is bit delayed: Rice
MIL/Agencies, Oct 4, 2008
New Delhi, India: October 4, 2008 – IR Summary/Agencies - US Secretary of State Condoleezza Rice said on Saturday that the landmark deal lifting a ban on civilian nuclear trade with India would soon be finally accomplished immediately after signing the same in India, the signing ceremony is a bit delayed.

Kolkatans feel sense of 'colossal loss' at Nano pullout
MIL/ET/IANS, Oct 4, 2008
Kolkata: October 04, 2008 - The dismay and shock are yet to get over. For the people of Kolkata, the finality of Tata Motors' decision to shift the Nano small car project out of West Bengal is like the end of a dream for a better future for the state.

Hope floats as Ratan Tata-Buddhadeb meeting begins
MIL/TOI/TNN, Oct 3, 2008
Kolkata: October 3, 2008 - Will he or won’t he? None other than Tata Group chairman Ratan Tata has the answer to this month-long guessing game that has kept the government and ancillary units on tenterhooks since Tata Motors suspended operations at the Nano factory in Singur on September 2.

Markets recover ground on SEBI statement
MIL/ET, Sep 30, 2008
Mumbai: September 30, 2008 - Indian stocks came off the day's low on a statement by SEBI Chairman CB Bhave that there were no concerns on institutional investors short-selling stocks and added that no change in the rules governing short selling was expected.

Tata wants to talk about Singur: Buddha
MIL/NDTV, Sep 27, 2008
September 27, 2008 - West Bengal Chief Minister Buddhadeb Bhattacharya has said that Tata Group Chairman Ratan Tata has replied to his letter and wants to talk.

Die is cast: Tata rolls equipment out of Singur
MIL/TOI/TNN, Sep 24, 2008
Kolkata/New Delhi - Truckloads of material have started rolling out of the Singur Nano factory, a sure sign that Tata Motors is on an exit route from West Bengal. Although there has been no formal communication from the company, the grim message has reached the corridors of power in Kolkata.

Indo –US Deal –Lobbies getting stronger for tough fighting
MIL/Agencies, Sep 18, 2008
Washington: Sep. 18, 2008 – IR Summary/Agencies - A group of nonproliferation lobbyists, ex-US ambassadors, faith groups and disarmament organizations have asked lawmakers to reject the Indo-US Deal when it is placed before the Congressional nod by citing their points of dissent.

Rice briefs latest progress of Indo-US Deal to Indian Delegation
MIL/Agencies, Sep 18, 2008
San Diego, California/Washington: September 18, 2008 - IR Summary/Agencies - It is a crucial stage for Indo-US Deal for Congressional hearing, President Bush wants the deal be cleared within time and to accelerate the process, Secretary of State Condoleezza Rice has briefed a high-level Indian delegation here that every effort is being made to secure the earliest approval on time.

ICICI denies top management selling bank's shares
MIL/ibnlive.com, Sep 17, 2008
Mumbai: September 17, 2008 - The impact of the collapse of Lehman Brothers seems to be taking a toll on ICICI Bank. The bank's UK arm has an exposure of $80 million to Lehman's debt exposure.

India assures US of nuclear business
MIL/TOI/TNN, Sep 12, 2008
New Delhi: September 12, 2008 - India is doing its bit to sweeten the progress of the nuclear deal through the tortuous corridors of US Congress. Keen to dispel any notion that India would not "wait" for the US to finish its legislative process before signing bilateral agreements with France and Russia, the MEA on Thursday announced that India had already started preliminary negotiations on buying nuclear "technologies and facilities" from the US.

China preparing Pakistan to move on footstep of India
MIL, Sep 10, 2008
New Delhi, India: September 10, 2008. Dr. Raj Baldev, Cosmo Theorist – MIL -India has three big neighbors, they are China, Pakistan and Bangladesh and it does not feel comfortable to deal with them, though apparently, they look to be formal friendly neighbors. The waiver of Indo-US Nuclear Deal from the NSG group has created displeasure among the neighbors, who want to equate the situation.

Equities bounce back as IT stocks gain
MIL/ET, Sep 10, 2008
Mumbai: September 10, 2008 - Markets opened gap-down mirroring weak global markets but soon recovered from lows as buying emerged in IT heavyweights.

Last phase of Indo-US Nuclear Deal Crucial
MIL, Sep 8, 2008
San Diago, California: September 8, 2008 , Dr. Raj Baldev, Cosmo Theorist, NIA Chmn.. Despite shortage of Time, the US administration, business and Indian-American activists are found to be busy in pushing Congress for approval of the civil nuclear deal with India as quickly as possible but definitely before 26 September. This is the phase that US is to cross over and its important for the country’s prestige as well as business point of view, death and life question.
  Headlines..........
India gets NSG waiver by consensus, A Historic decision Sep 6, 2008
Revised Draft on Indo-US Nuclear Deal to be circulated to NSG Members Sep 6, 2008
Mukherjee’s Statement has put life in Indo-US Deal Sep 6, 2008
India reiterates Voluntary Moratorium, no arms race Sep 5, 2008
President Bush’s letter routine, not against India Sep 4, 2008
Equities open lower on profit-booknig Sep 4, 2008
Government, opposition acting childishly on Singur: Mrinal Sen Sep 3, 2008
China is opposed to India’s clearance from NSG Sep 2, 2008
Manmohan Singh discusses NSG Revised Draft Aug 30, 2008
Reserve Bank counter fake currency racket, withdraw old notes Aug 28, 2008
NSG asked for Special grounds for waiver in Sep. Meet Aug 23, 2008
Vienna to decide fate of Indo-US Nuke Deal today Aug 21, 2008
India may get clear passage in Vienna Despite Reservations Aug 20, 2008
China’s Ambassador gives indistinct answer on Indo-US Nuke Deal Aug 19, 2008
Saudi exerts influence on Pak Coalition for safe exist for Musharraf Aug 16, 2008
Tatas to start Blackberry services soon Aug 10, 2008
US circulates amendment to NSG to help India Aug 9, 2008
India may get through NSG Test, path is tough Aug 8, 2008
Nifty hits 4600, Sensex above 15K as global cues strong Aug 6, 2008
Japan understands India's need for civil nuclear energy Aug 4, 2008

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Fears of a Recession still Growing Stronger
Washington, October 7, 2008 – After White House brought out its $700 billion rescue plan two weeks ago, it just meant to reestablish trust and confide...
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