Praful Patel Launches india’s first Sea Plane Service

• Union Civil Aviation Minister, Praful Patel today launched the first Seaplane of the Pawan Hans Helicopters Ltd, and aptly named it 'Jal Hans’, at a ceremony held at the Juhu Aerodromme in Mumbai.
• This service will be operationalized in the Andaman and Nicobar Islands as per a Memorandum of Understanding (MoU) signed between the Andaman and Nicobar Administration and Pawan Hans Helicopters.
• It will provide a Boost for Tourism in Andaman Islands.The Centre is permitting 100% FDI in this sector  to expand the service tomost of the popular islands and coastal destinations.

2G scam may have been a steep earning curve for someone but it has also been a steep learning curve for the rest of us.To figure out all those arcane acronyms being bandied about

read article 'Scamsters Dictionary'.

JSW buy stake in Ispat

• JSW Steel, Sajjan Jindal owned company, India’s third largest steel manufacturer, has acquired a majority 41% stake in the beleaguered Ispat Industries for Rs 2,157 crore.
• The acquisition will give JSW Steel access to an additional 3.3 million tonnes of annual capacity and by the time it completes its 3 million tonnes expansion in 2011.