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Haryana gets World Bank assistance for coal fired projects
A loan agreement of $180 mn (Rs 845 cr approx) was signed on December 17 at New Delhi between the World Bank and the Government of India under the Coal Fired Generation Rehabilitation Project, for the Renovation and Modernisation (R&M) of coal fired generating units located in the states of Haryana, Maharashtra and West Bengal.

RIL allots 21,173 shares to employees under ESOS
Diversified business conglomerate Reliance Industries (RIL) today said it has allotted 21,173 equity shares to its employees under the Employees Stock Option Scheme (ESOS).

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Kraft in $16.7 billion bid for Cadbury
Kraft Foods Inc today proposed a 10.2 billion pounds ($16.7 billion) takeover of Cadbury PLC, but said the offer was immediately rejected by the British maker of chocolate, gum and candy.
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Stapled visas by China not valid for travel: MEA

In a rebuff to China, India today made it clear that any paper visa “stapled” to the passport in separate sheets rather than pasted would be treated as invalid for travel out of the country. - Pakistan-born US nationals" visas to be cleared by New Delhi - Singh-Obama meet may take ties to a new high - Tata, Sikorsky JV to make aerospace components - DMRC expects new lines to help swell revenue by 25% this year - EADS forms spare parts and logistics support JV - Slowdown delays Hyd airport breakeven “It has come to the attention of the government that the Chinese embassy here and its consulates in Mumbai and Kolkata are issuing visas on a separate piece of paper stapled to the passport (rather than “pasted” as is the usual practice), to certain categories of Indian nationals on the basis of their domicile, ethnicity and/or place of issue of the passport. “Such paper visas stapled to the passport are not considered valid for travel out of the country,” Ministry of External Affairs said in a statement here. The snub comes in the wake of the reports that some Kashmiri students and businessmen were given visa by the Chinese embassy on a separate piece of paper, stapled to the passport. Immigration officials at the airport denied permission to such travellers to fly out. The Ministry of External Affairs also asked its citizens to ascertain from the Chinese embassy or consulate whether the visa issued to them will be affixed to the passport or will be in the nature of a stapled paper visa to avoid any inconvenience or financial loss. “All Indian citizens intending to travel to the People’s Republic of China are advised that before making any travel arrangements they should first ascertain from the Chinese embassy or consulate, as the case may be, whether the visa being issued to them will be affixed to the passport or will be in the nature of a stapled paper visa, so that they are not inconvenienced or put to any financial loss later on this count,” the ministry said.


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