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Only 2 bidders in fray for CWG broadcast
The multi-million dollar production contract for the Commonwealth Games (CWG) 2010 may be decided between two entities — consortium of Nimbus Communications and Canadian Broadcasting Corporation, and Satellite Information Service Live of United Kingdom — as only these two entities are said to have submitted the bids today, highly places sources said.

Asian markets end positive; Hang Seng up 2%
The Asian markets pared some of their gains but managed to end positive.

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IIMA pulls up socks after swine-flu case
Two days after a student at the Indian Institute of Management, Ahmedabad (IIMA) tested positive for H1N1, the management institute has got its act together to handle the situation.
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OVL joins hands with Raspol, Petronas for Venezuelan fields

Oil and Natural Gas Corporation has replaced Reliance Industries with Repsol YPF SA, Spain"s biggest oil company, and Malaysia"s Petronas to bid for Venezuelan oil blocks next month. ONGC Videsh, the overseas investment arm of state-run explorer, is likely to bid for the massive Carabobo project in Venezuela"s Orinoco heavy oil belt with Repsol, Petronas, Indian Oil Corp (IOC) and Oil India, sources in know said. OVL already has a 40 per cent stake in the 40,000 barrels per day San Cristobal oilfield in Venezuela.


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