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Bombs blast Baghdad market-police

BAGHDAD, May 22 (Reuters) Two bombs blasted a Baghdad market today causing an as yet unknown number of casualties, police sources said.

A car bomb and another bomb, apparently planted close to the street, struck the crowded area in the New Baghdad district in the mainly Shi'ite east of the capital.

One policeman said initial reports indicated at least 10 people were wounded. As well as the market, there was also a health clinic nearby.

Officials have warned of a possible increase in attacks by Sunni militants like al Qaeda following the appointment of a new, national unity government on Saturday, after months of negotiation. At least 19 people were killed in three bomb attacks in the capital yesterday.

The Mujahideen Council, an al Qaeda-led militant group, said one of its fighters had carried out Sunday's suicide bombing that killed at least 13 people at a Baghdad restaurant, according to a statement posted on the Internet.

''One of our lions set off to embed himself among infidel policemen at a restaurant and caused grave damage, killing at least 20 of them,'' said the statement.

REUTERS CH RK1250

Deccan Aviation IPO response overwhelming: Gopinath

Bangalore, May 22 (UNI) The response to the initial public offer of Deccan Aviation, the parent company of India's premier low cost airliner Air Deccan, has been ''overwhelming'', Air Deccan Managing Director Capt G R Gopinath said today. Capt Gopinath, who arrived here yesterday after a 15-day overseas roadshow for the IPO, told UNI that a number of fund managers in various countries had evinced keen interest in the offer. Most of the fund managers.....

TCGL, Dangs dist admn to organise summer fest from May 26

Surat, May 22 (UNI) Tourism Corporation of Gujarat Ltd (TCGL) and the Dangs district administration will jointly organise a ''summer festival'' at Saputara in South Gujarat's Dangs district from May 26 in order to attract tourists. The three-day festival will offer the rich aspects of the Dangs tribal life like its culture, archery, cuisine and dance forms, said a TCGL official. When asked about choosing this venue for the fest, the official said that Saputara offers.....

India should tap USD 75 billion new molecule market: Experts

Panaji, May 22: With skills in biotechnology and low cost human resources in drug manufacturing, India should explore the USD 75 billion offshore market potential in innovator life science molecules through global partnerships in different pharmaceutical applications, business experts are of the view. Participating in the two-day global partnership summit in South Goa today to evolve growth strategies for Indian companies, for exploring multi-million USD market in new drug discovery, experts said the key challenges included availability of sufficient talent to.....
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