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Kerala CM to be asked to leave Politburo
Kerala Chief Minister VS Achuthanandan will be removed from the CPI(M)’s Politburo on ground of “serious indiscipline.” The Politburo has found him guilty of publicly airing his differences with his bete noire, Kerala unit General Secretary Pinarai Vijayan. VS will be allowed to remain Kerala chief minister by the Central Committee, but a section of the party thinks his days as CM are numbered, as the state unit will try to dislodge him from the post.

Did not facilitate access for gatecrasher: Indian Embassy
The Indian Embassy today said it did not facilitate the entry of a third gatecrasher to US President Barack Obama"s State Dinner for Prime Minister Manmohan Singh, after the Secret Service claimed that the individual sneaked in by boarding an Indian delegation bus.

News of the day

Novartis says produces first batch of H1N1 vaccine
Swiss pharmaceuticals company Novartis AG said today it has successfully produced a first batch of swine flu vaccine weeks ahead of expectations.
Public Relations

Tepid bonus ratio disappoints Guj NRE shareholders

The stock finally ended near the day"s low at Rs 66.40 - down 3.8%. Around 2.23 million shares changed hands at the counter today. _______________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock opened at Rs 70 and started slipping from there. The stock is now down 3.5% at Rs 66.70. Over 1.20 million shares have been traded on the BSE so far. The stock however had soared after the company announced its plans to issue bonus shares on September 7, 2009. The stock gained 26% from Rs 54.65 to Rs 69.05 last week. The company has recommended issue of one bonus share with differential voting rights (DVR) for every 10 equity shares held. Earlier in November 2008, the company had given two bonus shares for every five equity shares held and this is the sixth bonus issue in seven seven years.


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