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Central Bank to recast home finance arm
State-owned Central Bank of India is planning to restructure its home finance as well as financial and custodial services arms.

VRL looking to exit its wind power business
Logistics and transport major VRL Logistics Ltd (VRL) is looking at exiting its 42.5 Mw wind power venture at Mundargi in Gadag district of Karnataka, because of delayed receivables from the sale of power as well as its high operational costs. The Hubli-based company had forayed into the wind energy business in 2007 by setting up the venture for Rs 250 crore.

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Improve connectivity for growth impetus in NE: PwC
PricewaterhouseCoopers (PwC) has suggested strengthening of connectivity framework in North-East to provide an impetus for economic development of the region. In its survey report, PwC has suggested that North-East empowers people through inclusive governance. Grassroots plans that are prepared and implemented at the grassroots levels and are consolidated at the district level, could help in the provision of public services according to the needs of people.
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Concern in RS over Indian agencies not allowed to quiz Headley

CPI-M today expressed serious concern over Indian investigating agencies not being allowed to interrogate LeT operative David Coleman Headley and sought to know what steps the government is taking into the matter. - US modifies procedures to unearth travel nexus of suspects - Headley charged with conspiracy in 26/11 attacks in US court - No police officer deputed to question Headley - Pakistan-born US nationals" visas to be cleared by New Delhi - Headley travelled to five cities in India - 'LeT placed priority on new attack in India, not Denmark' Raising the issue during Zero Hour in Rajya Sabha, party member Brinda Karat said Headley, earlier a drug smuggler, worked as an undercover agent of the US intelligence agency CIA since 1999 and the US government helped him make frequent trips to Pakistan. He even travelled to India after the Mumbai blasts. FBI was aware of Headley"s antecedents even before Mumbai blasts, she said adding, "We want to know did FBI pass on real time intelligence to Indian agencies." Karat asked why Indian investigators were denied access to Headley when FBI was allowed to interrogate Ajmal Kasab, the lone terrorist caught alive in 26/11 attacks. "Did our Prime Minister raise the issue with the US President," she asked. She also wanted to know what steps are being taken to ensure that Indian investigators question Headley at the earliest. A number of members associated with her on the issue.


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