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IIP to accelerate on restocking, externalities: Moody's
Industrial output, which grew at a 22-month high of 10.4 per cent in August, is set to accelerate further on inventory restocking and improving external factors, rating agency Moody"s said today.

Fitch affirms Videocon Industries' ratings; outlook negative
Following the increase in the long term loans of Videocon Industries (VIL), Fitch Ratings has today affirmed Videocon Industries Limited"s (VIL) National Long-term rating at "A-(ind)" with Negative Outlook.

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ISI behind attack on Indian embassy: Afghan envoy to US
Pakistan"s intelligence agency ISI was behind the attack on the Indian embassy in Kabul which killed 17 people and wounded more than 60 others, Afghan envoy to the US has claimed.
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Mulayam raises RIL gas issue in House

The gas row between the Ambani brothers had its echo in the Lok Sabha on Thursday with Samajwadi Party chief Mulayam Singh Yadav making a strong plea for gas from Reliance at cheaper rates for state-owned National Thermal Power Corporation (NTPC), a plea also being used by the Anil Ambani group. - Ambani brothers" gas row has echo in LS - "NTPC claim has no bearing on gas dispute" - Gas row: Govt says NTPC deal not the same as pvt accord - Uttarakhand favours 4 cumax of water flow in Bhagirathi - Industries owe Rs 220 cr to power distribution companies - No strategic sale in CPSEs: Pranab Yadav said Petroleum Minister Murli Deora’s affidavit to the Supreme Court was against NTPC’s interests and the assurance made in the House by Finance Minister Pranab Mukherjee. “NTPC will be losing thousands of crores. It is a Navaratna company, it is one of the better companies in the world which needs to be saved,” the SP chief said. This is the second time this year that Yadav has raised the issue in the House. On July 29, he had demanded Deora’s resignation for his role in the dispute between the Ambani brothers. At that time, he had raised the issue of supply of gas to the Dadri power plant. Anil Ambani has accused the oil ministry of helping his brother Mukesh, who heads Reliance Industries Ltd, of going back on his commitment to supply gas to the Dadri plant being planned by him. Speaker Meira Kumar said the government was ready for a discussion in the House. Earlier, during the Question Hour, Minister of State for Petroleum Jitin Prasada had ducked questions about the dispute, saying the matter was subjudice.


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