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Controversial sugarcane law gets Parliament nod
Parliament today passed a bill that introduces a new sugarcane price regime, after government allayed concerns of Opposition that the states will not be required to pay the difference between the Central and the State Advised Price to farmers.

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West Coast records PAT of Rs 20.58 cr
The West Coast Paper Mills has recorded a net profit after tax of Rs 20.58 crore for the first quarter of the present financial year, against Rs 20.34 crore in the same period last financial year, an increase of 1.18 per cent. An expan-sion programme with outlay of Rs 1300 crores is in advanced stage of implementation, accor-ding to a press release from the company. Fibre Line will be commissioned in August and the Paper Machine is expected to be commiss-ioned in January 2010.

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SMEs sparkle with 25-fold increase in net profit
If India Inc’s big boys have come up with sterling numbers in the third quarter ended December 2009, their small and medium (SME) counterparts are not far behind.
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Basu on ventilator, condition 'very critical'

The condition of 95-year-old Marxist leader Jyoti Basu, hospitalised with pneumonia, turned "very critical" today and he was put on a ventilator after developing acute breathing problems. - Did not facilitate access for gatecrasher: Indian Embassy - Basu"s condition turns serious - FM submits copy of draft taxes code to PM - PM to meet Plan panel - Banks to pitch for liquidity in pre-policy meet - PM concerned over challenge posed by extremists "His condition is unstable and very critical," Dr A K Maity, Basu"s personal physician and also a member of the medical board constituted at the AMRI hospital, Salt Lake where the former West Bengal Chief Minister is admitted, said. A medical bulletin issued by the hospital said, "Basu has been put on ventilation following acute respiratory problem due to deteriorating lung condition, but his heart and his kidneys are functioning normally so far." Basu, who was admitted to the hospital on Friday last, was improving till yesterday, but his health parameters turned erratic early this morning and there was no option but to put him on life support, Superintendent of AMRI Hospital Dr Debashish Sharma told PTI. The medical board would meet again in the evening and another bulletin would be issued at 6:00 PM, Sharma said. West Bengal Chief Minister Buddhadeb Bhattacharjee told reporters at the state secretariat, "Basu"s condition is not good." Prime Minister Manmohan Singh telephoned to inquire about Basu"s condition, he said. Many political leaders both from the Left Front and the Opposition visited the hospital.


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