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Sical likely to set up iron ore terminal in Mangalore
Sical Logistics Ltd has received Letter of Acceptance (LOA) from the New Mangalore Port Trust for setting up an iron ore handling facility at the deep draft multi purpose berth on BOT basis at New Mangalore Port. The Concession Agreement was signed recently between the Board of Trustees of New Mangalore Port Trust and Sical Iron Ore Terminal (Mangalore) Ltd (an SPV arm of Sical).

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Playground Sports Pvt Ltd is looking at diluting upto 25 per cent equity in the Internet sports start-up to a strategic investor to fund its expansion plans and launch operations in new areas.

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Latha Jishnu: Method mania
Latha Jishnu / New Delhi November 12, 2009, 0:21 IST
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Soren three time CM, but never MLA

Jharkhand Mukti Morcha (JMM) chief Shibu Soren who today became the chief minister of Jharkhand for the third time, has never been elected to the state Assembly. - Soren sworn in as Jharkhand CM for third term - 31 MLAs of JMM-led coalition have criminal cases against them - Soren to take oath as Jharkhand CM tomorrow - Rudy in damage-control mode over Jharkhand remark - Shibu Soren to take oath as Jharkhand CM - Shibu Soren invited to form govt in Jharkhand He became the chief minister of the mineral rich state for the first time on March 2, 2005 after the assembly elections threw up a hung House. Soren, who was a member of the Lok Sabha then, did not get a chance to contest an assembly seat as he had to quit nine days later after he failed to prove his majority in the assembly. Soren became chief minister for the second time on August 27, 2008 when he replaced Independent MLA Madhu Koda. At that time also Soren was a Lok Sabha member and as per constitutional requirement he had to become a MLA within six months. Soren contested the Tamar assembly bypoll on January 3 this year, but was defeated by Independent candidate Gopal Krishna Patar popularly called Raja Patar by over 10,000 votes. Soren resigned from the chief minister"s post on January 12 and as no party came forward to form the government in Jharkhand after his resignation, President"s rule was imposed in the state. Soren still is not a member of the Jharkhand Assembly and has to become a legislator within six months. "We have not yet decided a seat for Guruji (Soren), but in all likelihood he will contest from the Santhal Pargana region (which has 18 seats)," JMM spokesman Ramesh Hansda told PTI.


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