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Italy coach gets backing from IFF administrator

FLORENCE, Italy, May 22:  Italy coach Marcello Lippi, who has faced calls to resign, has been given a vote of confidence by the head of the Italian Football Federation.

''I have total and full confidence in Lippi,'' federation emergency administrator Guido Rossi told reporters at Italy's pre-World Cup training camp.

Magistrates summoned Lippi on Friday as a witness in an investigation into allegations surrounding his former club Juventus.

He is expected to be questioned more extensively next week.

Lippi denied last week that former Juventus general manager Luciano Moggi, who is at the centre of match-fixing allegations, forced him to select certain players for the national side.

Lippi's son Davide is also an agent at the GEA players and coaches management agency being probed by authorities.

Some politicians and newspapers called for Lippi to resign before the World Cup in Germany which starts on June 9 as a step towards improving the image of Italian football.

But Rossi, who was appointed following the resignation of Federation president Franco Carraro, said that was out of the question.

''I have never had any doubt about his position -- it would have been a total folly to put the blame on Lippi and avoid the people really responsible for this situation,'' said Rossi.

Reuters

MSK Projects raises $8 mn through FCCB

New Delhi, May 22 (UNI) MSK Projects (India) Ltd, an infrastructure development company, which specialises in execution of infrastructure projects on build-operate-transfer basis, today announced it has sucessfully raised 8 million dollars through Foreign Credit Currency Bonds (FCCB). The company will utilise the funds for the completition of the BOT projects including Dewas water supply project (Rs 90 crore), construction of bus terminals at Jallandar and Ludhiana (Rs 34 crore), construction of Kim-Mandvi Road.....

Datamatics Tech Board recommends 25 pc dividend

Mumbai, May 22 (UNI) The Board of IT major Datamatics Technologies (DTL) has recommended a final dividend of 25 per cent for FY-06, a company release to the BSE informed today. The company's board has also approved one new employee stock option plan viz. key ESOP, 2006. This scheme will be placed before the shareholders at the 18th annual general meeting of the company for their approval, the communique added. UNI JJ GK VKG1850.....

Deliberations on agenda of building green and clean South Asia beg

Dhaka, May 22 (UNI) The SAARC countries here today began deliberations on the agenda of building a green and clean South Asia by jointly addressing the environmental problems -- from natural disaster to groundwater contamination and equitable sharing of water flows. On the first day of three-day deliberations today, the SAARC Technical Committee on Environment and Forestry (STCEF) held their meeting discussing several points of agenda on environment and forestry to prepare a report.....
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