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Work on container terminal likely to begin by March '10
The Chennai Port Trust is planning to award the construction of its Rs 3,686-crore mega container terminal by March 2010. The proposed terminal will have a capacity of five million twenty foot equivalent units (TEUs) per annum.

CLB allows Satyam to finalise accounts for 2008-09
The Company Law Board (CLB) today allowed Satyam Computer (now Mahindra Satyam) to finalise accounts for 2008-2009 and also adjust past irregularities.

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Govt to review FDI rules every six months
Releasing a compendium of all FDI-related 177 press notes for comments from public, the government today said it would review its foreign direct investment (FDI) rules twice a year from the next fiscal.
Small Business

Ashok Chavan's U-turn is like Jackson's moon-walk: Thackeray

Shiv Sena supremo Bal Thackeray today lambasted Maharashtra Chief Minister Ashok Chavan for backtracking on his statement on making knowledge of Marathi mandatory for renewing taxi permits in Mumbai and likened the political turnaround to Michael Jackson"s "moonwalk". - Scrap M"rashtra decision on taxis, Lalu tells PM - Taxi permits: Chavan does a U turn, Hindi, Gujarati also ok - Aus team won"t be allowed to play in Maharashtra: Thackeray - Thackeray opposes PM on voting rights for NRIs - Pro-Vidarbha movement gathers momentum - Maharashtra Congress not enthused over Smita Thackeray"s desire to join party "Within hours of making the statement, you withdrew it and have done a turnaround in style of moonwalk by Michael Jackson. Marathi manoos actually expected this U-turn from Congress rulers who do such backtracking as a matter of habit," Thackeray said in a signed open letter to Chavan in party mouthpiece "Saamana". The Sena chief said, "We are not against any language. But I would like to tell you that if you fail to respect Marathi in Maharashtra, you would face the wild fire of public rage in protest against your government". "I ask you to stop this politics of U-turn letting down the Marathi people", he added.


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