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Sovereign guarantee to NHAI on per case basis
Providing a sovereign guarantee to the National Highways Authority of India’s (NHAI’s) borrowings will be decided on a case-to-case basis by the finance ministry.

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Tatas to tighten mgmt grip on JLR: report
Having secured the much-needed funds for Jaguar Land Rover (JLR) without the government help, its Indian parent Tatas are now tightening their management control on the carmaker, but are unhappy over the way their request for help was handled by the UK authorities, a report said today.

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Pitroda may be first chancellor of Vedanta varsity

The proposed Vedanta University is likely to get chairman of the Knowledge Commission Sam Pitroda as its first Chancellor, Orissa’s Higher Education minister Debi Prasad Mishra said on Thursday. - Pitroda likely to be first Chancellor of Vedanta varsity - Vedanta Univ Bill reintroduced in Orissa Assembly - Protests force Vedanta to postpone hospital plan While replying a debate on the controversial Vedanta University Bill-2009 in assembly, Mishra said the varsity authorities were in consultation with Pitroda to assume office of the Chancellor of the proposed world-class institution to be set up in Puri district. Mishra gave this information while some members from the opposition Congress and BJP raised doubts on establishment of the Vedanta university which would be given at least 6,000 acre of valuable land. Besides Pitroda, the varsity authorities also informed the state government, Mishra said that they had already contacted at least three nobel laureates to join as faculty of the proposed world-class university. The developers of the varsity would invest about Rs 15,000 crore.


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