The proposed second airport for Mumbai, the Navi Mumbai airport, is likely to receive final clearance within a month. The environmental concerns have been mostly addressed by moving the airport slightly south and relocating the non-aeronautical components without compromising the aeronautical elements. India won its 28th gold medal at the Commonwealth Games in the wrestling 66kg category and in individual recurve archery. Many Indian private sector companies have become world class but government services generally remain inefficient, while the privately built Delhi Airport Terminal 3 was a success and ready on time for the Games.

1. NEWS
SUBMITTED BY:
VISHAP MAHAJAN
MBA 2C

2. Navi Mumbai clearance in a
month
 FINAL clearance for the Navi Mumbai airport is
likely to be issued in a month. The proposed second
airport for Mumbai was back on track after project
developer, City and Industrial Development
Corporation (Cidco), agreed to make design changes
to address environmental concerns.
 The bulk of environmental concerns are being met.
The proposed airport will be moved a little to the
south. This shift would mean moving out the
nonaeronautical components and will not
compromise the aeronautical elements.

3. Wrestler Sushil Kumar wins 28th
CWG gold for India
 India won its 28th gold at the
Commonwealth Games when wrestler
Sushil Kumar won gold in 66kg
freestyle event while archer Rahul
Banerjee won gold in individual
recurve event.
India's medal winners on Sunday
Gold (3)
Silver (1)
Bronze (4)

4. Many Indian companies have emerged
as world class, but government services
and corporations have, with some
honourable exceptions, remained ridden
with waste, corruption and callous
inefficiency.
 The one clear private sector success has
been the construction of the world-class
Terminal 3 at Delhi Airport, which was
ready by July, well in time for the Games.
CWG is govt failure, private
sector success

5. Now, Nano Direct From
Showroom
 Customers can finally buy Tata Nano directly
from showrooms in select states as Tata
Motors moves to end booking system for the
worlds cheapest car.
 Tata Motors started open sales of the Rs.1-
lakh car in Maharashtra, West Bengal, Uttar
Pradesh and Karnataka on Tuesday, making
it possible for people to purchase the car
directly from dealers instead of booking it.
 Customers in these states that have not
booked a Nano so far can now purchase the
Nano directly from showrooms, the company
said in a statement.

6. Nestle to set up F & B facility in
Himachal
 Dairy products major Nestle India will set
a food and beverage unit in Himachal
Pradesh with an outlay of Rs. 250 crore.
 Nestle has identify 30 acres of land near
talewal in una district for setting up its
facility.

7. Google to tap SME space
 Having already doubled its small & medium
enterprise customer base in India within a
year.
 Google is now aggressively trying to reach
out to entire sector for online advertising.
 India has estimated 35 millions SMEs, out of
which 200000 have online presence through
domains, sub domains & blogs

8. UK defends immigration limit on
Indian professionals
 The UK government defended its decision to introduce an
interim limit on skilled workers from India and other
countries outside the European Union, despite concerns
raised.
 The government has placed a temporary limit of 24,100 until
April 2011, when a permanent annual limit will be
announced. The cap has already adversely affected companies
who are unable to recruit the skills required from India and
elsewhere.
 The interim limit was introduced to stop a rush of last minute
applications ahead of the annual limit being introduced in
April next year and the Border Agency has been working
very closely with businesses to ensure that these

9. Motorola's Sanjay Jha among most
"overpaid CEOs" of 2009
 Handset maker Motorola's India-born Co-
Chief Executive Sanjay Jha is listed
among the 25 most "overpaid CEOs" of
last year by the US proxy advisory firm
Glass Lewis.
 Yahoo Inc CEO Carol Bartz tops the list
of the executives who were paid too much
for running underperforming companies.

10. THANK YOU