Srivastava takes over as Nalco CMD.

Abhay Kumar Srivastava, the chairman and managing director of Cement Corporation of India (CCIL) today took over as CMD of navratna public sector unit, National Aluminium Company Ltd (Nalco). - Report interest rate swap deals, RBI tells banks - Country Club eyes properties in US, Europe and Asia - Market upbeat on Sebi"s corporate bond plans - Investors stay away from bonds issued by state govt - Retail payment risks to be reduced, says Subbarao - Work on DFC Western Corridor projects to begin soon: Rathwa Srivastava, a mechanical engineer by profession, took over from C R Pradhan, who retired as Nalco CMD yesterday. Before joining Nalco, Srivastava was heading CCIL, a Govt. of India Undertaking under ministry of Heavy Industries & Public Enterprises, as its CMD for about 5 years. However, Srivastava’s appointment to the new post is not without its share of controversy as a shareholder has filed a petition in the Orissa High Court challenging his appointment to the post.

India Eco Summit: 'National panel to tackle pandemics needed'.

Coordination at the national level will help in the screening of suspected influenza patients. - India Eco Summit: More private investment in farming needed - India Eco Summit: 25th summit marks the emergence of brand India - India Eco Summit: Govt to assess exports, mulls another stimulus - Climate change: PM seeks developed world"s funds - India Eco Summit: Govt to aim for 85% road projects as PPP - Bidding for first mega road project in two months: Nath Delhi health minister Kiran Walia has called for a national level co-ordination committee for effective management of pandemics such as H1N1 influenza. The committee should consist of representatives from all states, private sector firms and the media, among others, she said. Addressing a session on ‘Pandemic Preparedness’ at the India Economic Summit organised by the World Economic Forum and the Confederation of Indian Industry here, Walia said proper coordination at the national level will help in the screening of suspected influenza patients, treatment in both private and public hospitals, and also help plan media awareness programmes in a more effective manner.

Bharti Airtel: Not a value call.

Although the deal to acquire Bangladesh’s Warid Telecom appears to be at a discount, replicating its India success story will not be easy for Bharti. - Airtel creates separate unit for global business - Warid buyout to lower Bharti"s liquidity, increase risk: S&P - 3G: Fitch studying revenue impact on Bharti - Bharti Airtel rejigs top management - Bharti to Buy 70% of Warid - Dhabi group rules out exiting Warid Telecom While Bharti Airtel’s acquisition of Warid Telecom, Bangladesh’s fourth largest wireless service provider, gives its global expansion plans a small prod, it is hardly significant. Warid’s estimated revenues for CY09 are pegged at $80 million, and it has a subscriber base of 2.9 million giving the company a share of nearly six per cent in a competitive six-player market. On Tuesday, Bharti Airtel, which has a market cap of $26 billion and 116 million customers, announced that it will pay $300 million for a 70 per cent stake. This pegs the equity value of Warid at around $428 million, while reports estimate Warid’s debt at around $400 million.

Bharti Airtel rejigs top management.

Bharti Airtel, in a major management restructuring today, appointed Sanjay Kapoor as CEO of India and South Asia operations. Kapoor replaces Manoj Kohli, who will now be the CEO of newly created entity International Business Group of Bharti Airtel and joint managing director. - NEWSALERT: Bharti Airtel rejigs top management - Bharti to Buy 70% of Warid - Dhabi group rules out exiting Warid Telecom - Bharti acquires 70% stake in Warid Telecom - DoT to ask auditors to submit report on telcos by Feb 7">DoT to ask auditors to submit report on telcos by Feb 7 - Huawei sets eye on three ITI factories The new organisation structure will effective from the start of next financial year, i.e; April 1, 2010. The restructuring has been done with the objective to enhance company"s focus on expanding operations to international markets beyond Indian and South Asia.