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Two human rights activists held
Two human rights activists have been arrested here by the West Bengal Crime Investigation Department for their alleged links with Maoists and PCPA top brass in Lalgarh. Gana Pratirodh Committee secretary Raja Sarkhel and state secretary of the same human rights organisation Prasun Chatterjee were picked up from their residence in Jadavpur in the southern part of the city last night.

Prakash Industries Q2 profit rises 40%
Prakash Industries, engaged in steel, mining and power businesses, today reported a 40 per cent growth in net profit at Rs 67.80 crore for the second quarter ended September.

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Sensex spooked by China, CRR hike fears, down 490 pts
Global cues and fears of tightening monetary measures by the central bank pulled down the benchmark BSE Sensex 490.6 points (2.92 per cent), marking the sixth day the market has been in a bear grip.
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Bharti in B'desh for $900mn buy

After being unsuccessful with South African telecom MTN, Bharti Airtel is eyeing Bangladesh to expand its footprint. - Bharti to buy Bangladesh mobile operator - Bharti Airtel looks at SAARC region for buyouts - "70% of our deals don"t involve western firms" - MNP to be delayed; DoT calls meeting tomorrow - Mobile tariffs likely to fall further: Mittal - TTSL, RCom, others owe Rs 603 cr; Airtel pays highest revenue “We are looking to Bangladesh because we have an interest in the SAARC region,” Bharti Enterprises Deputy Group CEO and Managing Director Akhil Gupta said. He declined to comment on reports in the media quoting Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Zia Ahmed that Bharti Airtel is looking to pick up 70 per cent stake in Warid Telecom’s Bangladesh unit. The deal is likely to be $900 million (about Rs 4,200 crore). Bharti Airtel stated, “We keep evaluating international expansion opportunities from time to time.” SAARC (South Asian Association for Regional Cooperation) region comprises Bangladesh, Bhutan, Maldives, Nepal, Pakistan, India, Sri Lanka and Afghanistan. Bharti Airtel has mobile operations in Sri Lanka. Till October-end, Warid Telecom Bangladesh was the fourth-largest operator in the country with 2.79 million subscribers. Grameen Phone occupied the top slot with 22.30 million users, followed by Orascom Telecom Bangladesh with 12.27 million and Axiata (Bangladesh) 10.99 million. The country has 30 per cent penetration rate with 47.97 million mobile phone users, BTRC’s July 2009 report stated. Warid Telecom, a joint venture between Abu Dhabi Group and SingTel, has operations in Pakistan and will start its operations in Uganda and Congo. SingTel holds 30 per cent stake in Warid Telecom Pakistan and 30.5 per cent in Bharti Telecom. An email sent to Bangladesh Telecommunication Regulatory Commission and Warid Telecom’s Bangladesh office went unanswered.


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