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Ku Klux Klan cartoon in Indian paper angers Australia
A cartoon in a Delhi newspaper, which allegedly depicted a Victoria policeman as a member of hate group Ku Klux Klan in the wake of attacks on Indians, has sparked an outrage in Australia with acting Prime Minister Julia Gillard condemning it as "deeply offensive".

State leads in Centre's efforts to create jobs
Karnataka claims to have gone far ahead of other states when it came to using job fairs and helping job-seekers find jobs. It is part of the Centre’s efforts to promote job creation through the development of skills and promoting employment.

News of the day

Markets at a glance
The RBI governor’s statement that capital inflows are manageable perked up investor sentiments. FIIs bought stocks worth Rs 400 crore in the first four trading sessions. However, rising food inflation curbed gains. BSE Sensex rose marginally by 17 points or 0.1 per cent to 17,119, while Nifty rose 8.4 points or 0.2 per cent to 5,117.
Management

Areva bags Rs 1,200-cr power project from JSPL

Areva T&D India, an arm of French power equipment maker Areva, today said it has bagged an order worth about Rs 1,200 crore from domestic steel major Jindal Steel & Power Ltd (JSPL) for a power project. - UBS appoints Chi-Won as Chairman and CEO of Asia Pacific - Reliance Cap appoints Shek Chee Seng CEO for AMC in Singapore - Srinivasan appointed MD for HAL"s helicopter composite - Govt directors job done in Satyam; time to check out - Corporate defaults likely to rise in Asia-Pacific: S&P">Corporate defaults likely to rise in Asia-Pacific: S&P - MCA may seek quarterly financial reports of cos from Sebi The company has been awarded this contract for a 400/220 kV substation and power transformers for the steel maker"s green field integrated steel project at Angul in Orissa, Areva T&D India said in a filing to the Bombay Stock Exchange. The scope of work includes designing, manufacturing, erection and commissioning of transformers, it further said. The project is scheduled to be completed by December 2010, the company said. Shares of Areva T&D India were trading at Rs 335, up 2.34 per cent in the afternoon trade on the BSE.


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