To check Oneindia News on your Mobile
go to:   http://m.oneindia.in/news/
News »  February 27, 2007  » India

Cong, BJP in close fight in Uttarakhand

Cricket Scores
2nd Test , Trent Bridge, Nottingham
England: 259 / 2, 68 Overs
 
Dehra Dun, Feb 27:  The ruling Congress and the opposition BJP were engaged in a neck and neek contest in the Uttarakhand Assembly polls, according to preliminary trends.

The Congress notched up its first victory with party candidate Yashpal Arya, the Speaker in the outgoing Assembly, emerging triumphant in Mukhteshwar over the BJP's Shri Chand.

Meanwhile, Congress' Vijay Bahuguna was leading in the Tehri-Garhwal parliamentary constituency, over BJP's Manujendra Shah, the son of incumbent MP Manavendra Shah, whose death in January neccessiated the bypoll.

Counting of votes started at 0800 hrs today, amid tight security.

Out of a total of 806 candidates for the assembly elections, 785 were left in the fray for 69 seats of the 70-member Assembly after the Bajpur Assembly election was deferred due to the death of the Congress candidate.

Though the primary fight is between the Congress and the BJP, smaller parties such as the UKD and the BSP could hold the key to power in case neither of the primary contenders achieves a majority on its own.

Among prominent candidates, Congress' Indira Hridayesh was leading in Haldwani, while BJP's Matbar Singh Kandhari and former CM Bhagat Singh Koshiyari were leading in Rudraprayag and Kapkot respectively.

UNI
Topics: ruling, congress, opposition, bjp, engaged, neck, neek, contest, uttarakhand

IT People proposes follow-on public offer

New Delhi, Feb 26 (UNI) IT People India Ltd has said it is proposing to make a follow-on Public Offering (FPO) of equity shares at a tune of Rs 45.25 crore through 100 per cent book building process.

The FPO has been planned to generate additional resources to meet its expansion needs including investment in technology infrastructure, product enhancement and business expansion, a company statement said.

The company has filed its Draft Red Herring Prospectus (DRHP) with SEBI and Bombay Stock.....

Tata Motors conducts a test at Singur

Kolkata, Feb 26 (UNI) Altogether 204 Singur residents today appeared for a test to enhance their employability in the Tata Motors' proposed small car unit through tailor-made courses.

Conducted jointly by the West Bengal Industrial Development Corporation (WBIDC) and Tata Motors, third such test in two months, was aimed at finding suitable candidates, who could qualify for advanced training to enhance their employability in the proposed plant, Tata Motors sources here informed.

The test for Singur residents, who had registered.....

HOV Services acquires Lason for $148 mln

New Delhi, Feb 26 (UNI) HOV Services, a leading business process outsourcing (BPO) company based in Pune, today said it has acquired US-based Lason, one of the leading providers of BPOs' solutions in the world as its wholly-owned subsidiary for 148 million dollars.

The merger will enhance marketing, servicing and delivery footprints to clients worldwide through integration, realignment and cross-selling.

Under the agreement, HOV's wholly-owned subsidiary in the US (LLC) will acquire 100 per cent of the outstanding equity securities.....

Proto Infosys to set up Rs 150 cr plant in HP

New Delhi, Feb 26 (UNI) Proto Infosys Ltd today said it will set up a manufacturing facility in Himachal Pradesh for making watergen machine, earthing electrode equipments and dome air from with an investment of Rs 150 crore.

For this, the company's Board has proposed to increase the authorised capital to Rs 25 crore from the existing Rs 5.10 crore and issuing securities of Upto Rs 75 crore by GDR issue, a company statement said.

The company is also mulling to.....

Prithvi Info allots $50 mln FCCBs to Lehman

New Delhi, Feb 26 (UNI) Software company Prithvi Information Solutions Ltd today said it has allotted zero coupon FCCBs worth 50 million dollar to Europe-based Lehman Brothers International.

The bonds, each valuing 1,00,000 dollar, will be due for redemption in 2012 and is convertible at a price of Rs 469.13 each.

The proceeds of the FCCB issue will be utilised for the purpose of overseas acquisitions, company's Managing Director V Satish Kumar said.

''We have already identified a few companies.....
User Comments
[ Post Comments ]
Be the first to comment on this article.
Oneindia  Oneindia Login