Washington23 - Breaking News and Updates

Here is a roundup of news from Indian newspapers, news wires and Web sites on Friday, March 11, 2011. The Wall Street Journal has not verified these stories and does not vouch for their accuracy.

Krishna for Restraint on Indian Sailors’ Issue: The government on Thursday said it would do everything possible to secure the release of Indian sailors held hostage by Somali pirates but restraint had to be exercised as any emotive response could endanger their lives. (Source: The Hindu)
Kerala CM Refutes Charge, Says Chavan is Lying: Asserting that the state had apprised the Centre of the palmolein graft case in which Thomas was an accused, Kerala Chief Minister VS Achuthanandan has accused his Maharashtra counterpart Prithviraj Chavan of ”lying” on the Central Vigilance Commissioner (CVC) P J Thomas appointment fiasco to ”hide his fault”. (Source: Hindustan Times)
2G case: PAC Likely to Call PM’s Principal Secy, Cabinet Secy: Fast-tracking its probe into the 2G scam, Parliament’s Public Accounts Committee is likely to call Principal Secretary to the Prime Minister T K A Nair, Cabinet Secretary K M Chandrasekhar, CBI Director A P Singh as also corporate lobbyist Niira Radia over the next few weeks. (Source: PTI)
ED Seeks 14 Days Remand of Hasan Ali, Cites National Security: After being rapped by a local court for not doing its “homework”, the Enforcement Directorate today took the line that “certain links” of Hasan Ali Khan needed to be probed as it has a bearing on “national security” and pressed for his 14-day custodial interrogation. (Source: PTI)
Zimbabwe, Essar ink $750-mn Agreement: Ruia’s-controlled Essar Group has reached an agreement to acquire a majority stake in Zimbabwe Iron and Steel Company (ZISCO) and would invest an estimated $750 million (Rs 3,375 crore) to revive the state-owned defunct firm. ZISCO was once one of Africa’s largest steel producers with a capacity to produce up to one million tonnes a year. (Source: Hindustan Times)
Govt Sends Termination Notice of Agreement Sent to Devas: With the government deciding to scrap the controversial deal between ISRO’s commercial arm Antrix and the Indian unit of a US firm, a notice of termination of the agreement for lease of premium space segment has been served to Devas. (Source: PTI)
Bar run by Thackeray’s Grandson Raided: Police on Wednesday raided a bar run by Shiv Sena chief Bal Thackeray’s grandson Nihar in suburban Santacruz, arrested three staff members and detained nine bar girls. Four others, including bar owner Nihar, were declared absconding. (Source: The Hindu)

Fuente: India Real Time