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60-crore cricket stadium in North Goa soon: BCCI

Panaji, Aug 14 (UNI) The Board of Control for Cricket in India (BCCI) is ready to grant Rs 25 crore to Goa Cricket Association for building a 50,000-capacity international cricket stadium at Tivim in North Goa.

Disclosing this to mediapersons here today, the BCCI vice president and the state IT minister Dayanad Narvekar said the board would deposit the money with the association so that it could go ahead with land acquisition soon, for the stadium estimated to cost about Rs 60 crore.

Mr Narvekar is also the president of the cricket association.

BCCI president and Union Agriculture Minister Sharad Pawar had annonced assistance for constructing the state-of-the-art cricket stadim during his visit last year.

Mr Narvekar further said the BCCI would offer Rs one crore matching grant to the Goa University for developing infrastructure for cricket ground and Rs 2 lakh to each of district level authorities.

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Govt. Securities Bill taken up in RS amid protest

New Delhi, Aug 14: The Rajya Sabha today passed The Central Silk Board (Amendment) Bill, 2005, and The Produce Cess Laws (Abolition) Bill, 2006, and took up for discussion, amid a walkout by SP, AIADMK and TDP, the Government Securities Bill, 2006.While the earlier two Bills were passed without much discussion in the absence of adequate number of members in the House, the Securities Bill was taken up amid protests by the opposition leaders who demanded that it be taken.....

Jewellery business set for major transformation: Govindraj

Manipal, Aug 14 (UNI) The jewellery business is all set to transform in the coming years and earn the status of industry by organising itself, Titan Industries Limited, Bangalore, V Govindraj, Vice-President (retail and marketing) V Govindraj predicted today. Delivering the keynote address at the second induction programme of Manipal Institute of Jewellery Management (MIJM) here, he said the jewellery business, which had immense scope, would get organised like the apparel and other industries.....

i-flex solutions to acquire Mantas for USD 122.6 MILLION

Mumbai, Aug 14,(UNI) Leading IT solutions provider i-flex Solutions today announced that it has entered into a definitive agreement to acquire Mantas, a leading provider of anti-money laundering (AML) and compliance software and services, headquartered in Herndon, Virginia, USA, at a price of USD 122.6 Million. i-flex Solutions CMD Rajesh Hukku told mediapersons,'' The powerful combination of i-flex solutions and Mantas offerings will create a market-leading risk and compliance solution suite. To fund this.....
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