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Govt files revised SLP, setting 'defects' right
The government today revised its petition on the Ambani gas dispute before the Supreme Court, restricting its prayer to that part of the private agreement that pertains to gas.

Samsung India to invest $20 mn in 2009
Samsung India Electronics is planning to invest $20 million (around Rs 100 crore) in 2009 to support its turnover target of $2 billion (around Rs 10,000 crore) for the current calendar year. The company also said it would double its export in 2009 to Rs 1,200 crore.

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High Court stays construction of KVK Nilachal project
Uncertainty looms large over the Rs 5,000-crore 1050 Mw thermal power project of KVK Nilachal Power (P) Ltd at Kandarei in Cuttack district with the Orissa High Court staying the construction work of the project.
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Bill Gates II from India or China: US Survey

A sizeable number of Americans believe that the next Bill Gates will come from India or China, as the two Asian giants are fast marching ahead on the global platform, a new US survey reveals. - Maha plans Rs 2,254-cr agri projects - Journalists protest TV5 editors" arrest - "Our country"s law enforcement is under strain" - Cabinet panel gives reprieve to Gazprom - K L Thapar: Towards more mature Iindia-Bangladesh ties">K L Thapar: Towards more mature Iindia-Bangladesh ties - Now aviation ministry wants Rs 1,200 cr for Ai “When asked where the next Bill Gates will come from, 40 per cent of Americans predicted either India or China,” said a national survey released by the Consumer Electronics Association (CEA) on the sidelines of the world’s largest consumer technology trade show at Las Vegas. A majority of them, about 96 per cent, believed innovation was critical to the future success of the United States of America as a world economic leader, but they were concerned that the rising federal deficit would jeopardise prosperity of future generations, the survey said. The economic survey, conducted by Zogby International, found that 68 per cent of Americans thought innovation was key to the future success of their place of employment, with 50 per cent maintaining that innovation was important for the job remaining in the US. After the World Economic Forum reported that the US has lost its global competitiveness ranking, while India, China and Brazil have gained, 74 per cent of Americans said it was unlikely the US would regain its status next year. But 44 per cent pointed innovation of being the most important factor in seeking US competitiveness, it said. According to the survey, nearly 60 per cent Americans agreed that the rising national deficit would have a “major impact” on the prosperity of future generations.


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