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GTL Infra plans 50,000 towers in 3 yrs
GTL Infrastructure, which today agreed to buy the tower business of Aircel, plans to have a footprint of 50,000 towers over the next three years, company"s Chairman Manoj Tirodkar said here today.

Rakesh Mohan to join McKinsey as part-time global advisor
Former Reserve Bank of India Deputy Governor Rakesh Mohan will join consulting firm McKinsey as a part-time global advisor from October this year.

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NHAI likely to wind up Ennore road connectivity project
The Chennai port-Ennore road connectivity project has hit a roadblock with the National Highway Authority of India (NHAI) sending feelers to the Chennai Port Trust (ChPT) that “it would wind up the project” if the latter fails to pay its share of Rs 300 crore for the proposed project. NHAI has given a deadline till October 20, 2009, to the latter to release the amount, according to sources.
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Problems in Andhra hits textile trade at Erode

Over Rs 30 crore worth of business has been affected in this major textile town in Tamil Nadu due to the "unrest" in Andhra Pradesh for the past 12 days and non-operation of lorries to that state, R S Natarasa Mudaliar, President, Erode Handloom Cloth Merchants Association said today. - Telangana remains tense - TDP MLAs from Telangana walk out of joint action committee - No bandh in AP today in view of Xmas - Telangana backlash, govt may mull second SRC - One-sided decision can"t be taken: Govt on Telangana - MPs, MLAs from Telangana resign; violence during bandh He said textile producers and traders usually receive minimum of Rs 50 crore worth orders from Andhra Pradesh,mainly from Kurnool, Kadappa, Tirupathi, Chitoor, Pakala and Telengana area, including Hyderabad, during Magara Sankaranthi season in middle of January. But this year they had received only Rs 15 crore order in November and just Rs five crore worth of goods were delivered.


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