WEEKLY NEWS

Presented By:-

Tisha Sharma

SOFT OPENING OF GAMES VILLAGE ON SEPT

16

The Organizing Committee of the Commonwealth Games 2010 Delhi today said that the soft opening of the Games Village will happen as scheduled on September 16.

The state-of-the-art Village kitchen has been installed and started functioning in the Residential Zone in the Village," ."The caterer, Delaware North, has already tested the equipment. The first meals will be served on Monday, September 13."

CEPA WITH JAPAN LACKS TRANSPARENCY:

FARMER GROUPS

CEPA could encroach on the rights of farmers as plant

breeders and seed consumers as outlined in the PV&FR

Act, 2001 (Protection of Plant Varieties and Farmers’ Rights

Act of 2001). Japanese seed companies could gain stealthy

entry into the already crisis-ridden Indian agriculture sector .

The Committee has not only demanded making the text of

the CEPA agreement public, but also a study of the impact

on key constituents by the government, pro active

consultation with State governments to reach a consensus

and consultations with stakeholders including farmers,

fishworkers, trade unions and people’s organisations.

IBM TO HANDLE IT FOR BHARTI AIRTEL'S

AFRICA OPERATIONS

The 10-year deal will involve IBM consolidating Airtel’s IT

operations in Africa into one integrated system. The US firm

also handles Bharti’s information technology requirements in

India, Sri Lanka and Bangladesh under a 2004 deal, which

is estimated to worth at least $3 billion.

Bharti Airtel had invited bids for the deal in April-end,

suggesting it is looking for a better deal than the one offered

by IBM in India.

Bharti Airtel had invited bids for the deal in April-end,

suggesting it is looking for a better deal than the one offered

by IBM in India.

FOUR FUNDS EYE HONDA'S STAKE IN HERO

HONDA MOTORS

KKR & Co, TPG Capital, Carlyle Group and Bain Capital

LLC are competing to acquire a part of Honda Motor Co's

stake in India's biggest motorcycle maker, Hero Honda

Motors.

Two of the funds may jointly buy about 15 percent,

valued at $1.1 billion in Hero Honda.

Another 5 percent may be sold to the Munjal family,

founders of the Hero group, the report said, citing two

unidentified people. Honda

KISHORE BIYANI JOINS NEW YORK FASHION

ADVISORY BOARD

Future Group is a leading player in India's fashion industry doing a business of Rs 3,500 crore across brands every year.

NYCEDC aims to develop the city's major business sectors by implementing policy and initiatives that address current issues faced by each industry, create jobs, and promote entrepreneurship and economic diversification.