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Political hardsell shortage
Is the Doha Development Round (DDR) dead, as the anti-globalisation activists claim? Not yet, said trade ministers of the 153 member-countries of the Word Trade Organisation at the seventh Ministerial Conference at Geneva last week. They ended the Conference with a general agreement to recommence the stalled negotiations of the DDR and take it to conclusion by the end of next year. Even such broad agreement was in sharp contrast to the acrimony and bitterness that characterised the earlier failed trade talks at Cancun and Hong Kong.

Tanishq unveils 'Lakshmi Feet Pendant'
Tanishq, India’s jewellery brand, today unveiled its exclusive ‘Lakshmi Feet Pendant’, a range of divinity jewellery.

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CHESS 613
Fifty years ago, opponents used to complain that the young Mikhail Tal’s “hypnotic” gaze added to the psychological pressure caused by his dynamite sacrifices. Hungarian-US GM Pal Benko took to wearing wraparounds when playing Tal. Tal was amused but the shades prompted complaints from others, who were distracted.
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Tata Steel to start work at Orissa plant in December

Tata Steel would start work on its Kalinganar plant in Orissa from December. The company had 3,200 acres in possession but could not start work as 20 per cent of the project-affected persons were yet to be relocated, according to Managing Director H M Nerurkar. - JSW capacity overtakes Tata Steel"s - Tata Steel kicks off hunt for creative women - Markets trim losses - India Inc discovers the power of two - Tata Steel to invest Rs 1,100 cr to up ore output - "Iron ore mines should be with Steel Ministry" However, Nerurkar said they were in the process of being rehabilitated and the balance 20 per cent project-affected persons were expected to move within a month. He was speaking on the sidelines of the 47th National Metallurgists" Day Celebration at the Indian Institute of Metals. Tata Steel had signed a Memorandum of Understanding for the Orissa project in 2004 for a six-million-tonne plant. While the company’s greenfield project was delayed, the brownfield expansion at Jamshedpur Works was on track. The capacity expansion to 10 million tonnes at Jamshedpur would be commissioned by August 2011, Nerurkar said. Tata Steel Vice-Chairman B Muthuraman said Corus would operate at full capacity by March 2010. It is operating at 80 per cent of capacity at present, he added.


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