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Ispat Industries weak on higher losses
The stock dipped further to a low of Rs 19.50 - down 7% from the day"s high. It finally ended with a 5% loss at Rs 19.75. Over 7.41 million shares were traded on the BSE today.

PM takes wings
Around four months ago, the new Boeing airplane for Prime Minister Manmohan Singh arrived in India. But the prime minister didn’t get an opportunity to fly in it because of the elections. Now, Singh has used the plane to fly to Thailand for the 7th India-Asean summit. The ultra-modern aircraft has a bedroom and a conference room for the prime minister apart from special chambers for his aides. It is equipped with security gadgets of the likes used in Airforce One to protect the US president.

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Govt no to ombudsman for telecom sector
Government today ruled out setting up an ombudsman to redress complaints of poor mobile telephony services like call drops saying state-run BSNL/MTNL were taking effective steps to upgrade technology.
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Chandrayaan-II will be a technical challenge: Mission director

India’s second mission to Moon ‘Chandrayaan-II’, expected to be launched in 2013, has many challenges for scientists and engineers, mission director M Annadurai said today. - Kalam advises Isro, Nasa on Chandrayaan-II - Now Chandrayaan-II will have Indian rover - Now Chandrayaan-II will have Indian rover - It"s curtains for Chandrayaan-I - Did Isro goof on Chandrayaan-I mission life? - Sudden death for Indian moon mission “Chandrayaan-II will not be just a probe. It will be landing on moon and is an incrementally and technically challenging mission for Indian scientists,” Annadurai said in an interactive session with students at the South Indian Education Society (SIES) college at Sion in central Mumbai. The fact that water molecules have been confirmed on moon surface especially on the sunlit areas and their origin is not external sources like meteors (new postulate), it has become important to seek more exploration and Chandrayaan-II will be landing on moon to collect more data on it, he said. Asked whether the scientists involved in Chandrayaan-I project will work for Chandrayaan-II, he said “yes” and added that even the same participants from abroad will be in the mission. Interest has been shown by other countries like Russia and “there is a chance of Russia participating in Chandrayaan-II mission,” he said. When asked how long it will take to analyse all the data collected from Chandrayaan-I mission, Annadurai said “it will take at least two to three and a half years for complete analysis.” Annadurai said the missions like Chandrayaan-I are economically viable and cost-wise it is competitive as the Isro scientists use aggressive models.


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