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L&T bags Rs 6,897-cr order from Mahagenco
One of the largest contracts for thermal power.

?Bloodthirsty' lawyers haunt UK insurers
UK motor insurers, including Aviva Plc, Admiral Group Plc and Fortis Insurance Ltd, thought they had found a way to squeeze out extra revenue when their customers get into car crashes.

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Cognizant signs R&D pact with Invensys Rail
IT, consulting and business process outsourcing services company, Cognizant Technology Solutions, on Wednesday signed an initial five-year, multi-million contract with UK-based railway control and communications systems provider Invensys Rail to serve the global product research and development (R&D) needs of its group companies located in the UK, Australia, Spain and the US.
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R Gopalan takes charge as Fin Services Secy

R Gopalan, a 1976-batch IAS officer, has been appointed as the Financial Services Secretary in the Finance Ministry. Sensex ends up 35pts He would look after the banking and insurance division in the ministry. Earlier, Finance Secretary Ashok Chawla was holding the additional charge of this department. Prior to this, Gopalan was serving as special secretary in the Commerce Ministry. He also served as additional secretary and joint secretary in the Commerce Ministry. "He has participated actively in WTO ministerials at Doha, Cancun and Hong Kong, and assisted the commerce minister at the G-6, G-20 and G-110 meetings," the release said. He has also participated in inter-governmental negotiations in the areas of agriculture, services and environmental goods, and led the Indian delegation at the WTO. Gopalan has served as director of general anti-dumping and anti-subsidy investigation, director on the boards of MMTC and STC, and CMD of Tamil Nadu Industrial Development Corporation. He has held various positions in the Tamil Nadu government.


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