24th SEPTEMBER 2014

Hindi road drama Liar’s Dice will be India’s nomination for the Best Foreign Film at the Academy Awards, better known as the Oscars, which will be given away in Los Angeles in 2015.

Public sector giant Bharat Heavy Electricals Limited (BHEL) will construct two thermal power generating stations for the Telangana State Generation Corporation (TSGENCO) at Kothagudem and Manuguru in the next three years. The government will soon enter into a Memorandum of Understanding (MoU) with the state-owned company, for augmentation of capacities to the extent of 800 MW and 1080 MW respectively at both locations.

The India Cements Ltd. has decided to hive off Chennai Super Kings (CSK), the Indian Premier League team owned by it and run as a company division, into a wholly owned subsidiary.

The largest gathering of world leaders on climate change opened at the United Nations on Tuesday amid calls for action to put the planet on course toward reversing global warming. U.N. Secretary General Ban Ki-moon is hosting the summit of 120 leaders, the first high-level gathering since the Copenhagen conference on climate change ended in disarray in 2009.

The U.S. and India are the two largest democracies in the world. In the early 1990s, India became an economic powerhouse by embracing the free enterprise system — the very system that made America so strong. India is now the world’s third largest economy and has quickly become one of America’s greatest trading partners. Notably, American exports to India have increased by 491 per cent since 2001. Bilateral trade between the countries has reached $100 billion and may rise to $500 billion by the end of the decade. These are not idle numbers. They tell the story of Americans who got jobs, earned promotions and started businesses because they embraced India as a trading partner.

Though the government is promoting the concept of public-private partnership (PPP) in all sectors, it has decided to keep crucial sectors of the broadband network to be rolled out over the next few years under its control. Bulk of this roll out will be for the Digital India plan of connecting all panchayats with broadband and for closed user group networks exclusively for government organisations.

Kishore Biyani-led Future group, as part of its focus on making it big in the food business, plans to set up an integrated food park each in West Bengal and Madhya Pradesh. Interacting with presspersons at Tumkur on Tuesday, where Future Consumer Enterprises Ltd has established its first such facility, Mr. Biyani, the Group CEO, said: “We will be one of the large food FMCG companies’’ within four years.

Former Nokia India head P. Balaji will be joining Vodafone India as its regulatory and external affairs director next month. “Our new Director — regulatory and external affairs — will be P. Balaji. He joins us from Nokia India, where he was the Managing Director till recently,” Vodafone said in a statement. Mr. Balaji is expected to join next month. Vodafone’s current regulatory head T. V. Ramachandran and external affairs director Rohit Adya will retire over the next few months.

For a brief while, after the tenth shot to be precise, Abhinav Bindra was in the lead. Two shots later, he was pushed to fourth. Shooting has rarely been a spectator sport but at the Ongnyeon International Range here on Tuesday, there were many who were biting their nails off during the 10m air rifle finals. Things only got hotter as the best eight shooters got on to the home stretch in the 20-shot finals.

Veteran comeback kid Lee Hyun-Il sealed victory as South Korea downed badminton giant China on Tuesday to take the gold in a thrilling five-match men’s team final. China’s world champion Chen Long fell to a storming performance by Son Wan-Ho in the opening match of an intense five-hour battle, which ended with South Korea winning 3-2.