Wednesday, September 22, 2010

Goa Blog

Goa Blog

Goa chief minister impressed with CWG facilities

Posted: 22 Sep 2010 07:26 AM PDT

A portion of a false ceiling at the Jawaharlal Nehru Stadium, the main venue of the Commonwealth Games (CWG), collapsed in New Delhi Wednesday, a day after a foot overbridge near the stadium came crashing down. But Goa Chief Minister Digambar Kamat says he is ‘impressed’ by the facilities built for the Games. Kamat said he was ‘impressed’ by the work by the CWG officials, according to a government release here on his visit to the Games sites.

‘Goa Chief Minister Mr. Digambar Kamat visited Dr. Shyama Prasad Mukherjee swimming complex, Talkatora Stadium in New Delhi today and was impressed by the world class facilities,’ said the state information and publicity department in its release. Kamat, who is also the president of the Swimming Federation of India (SFI), was in New Delhi Tuesday ‘to inspect all areas of the complex and its facilities along with a team of officials and assess the facilities status’.

Kamat was accompanied by SFI secretary Virender Nanavati, Venue Commander and Asian Games silver medalist Khajan Singh Tokas and deputy director general (sports) of Commonwealth Games Organising Committee Roque Dias. ’After visit and inspection, the chief minister commented that he was happy with all the facilities to make the aquatics event a grand success,’ the statement added.

Some 7,000 participants and officials from 71 countries and territories are expected to attend the Oct 3-14 Commonwealth Games, India’s biggest sporting event since the 1982 Asian Games.

Courtesy: sify

Sesa Goa To Seek Shareholder Approval To Raise Investment Limit

Posted: 22 Sep 2010 03:23 AM PDT

Sesa Goa wants to raise its investment and borrowing limits to acquire a 20% stake in Cairn India Ltd. (532792.BY) through an open offer. Its parent, Vedanta Resources, has proposed buying up to 60% in Cairn India, including the 20% stake that Sesa Goa hopes to acquire.

Sesa Goa said it wants to lift its investment limit to INR160 billion from the current INR71.25 billion, while the borrowing limit should be raised to INR150 billion. It didn’t disclose its current borrowing limit.

In addition to the Cairn India open offer, Sesa Goa–India’s second-largest iron ore producer–said it is also “exploring opportunities” to invest in iron ore, steel, coal and other mineral assets. It said such investments would be pursued through a mix of internal funds and borrowings.

Goa casino owners mull withdrawing petition against govt

Posted: 21 Sep 2010 09:44 AM PDT

Goa off shore casino operators today said they were reconsidering their petitions filed against the state government after the recent cabinet decision not to shift casino vessels away away from Mandovi river. The lawyers, representing casino operators, made the submission before Goa bench of Bombay High Court this morning that they intend to withdraw the petitions contesting state government’s order.

They said that they are yet to receive the formal cabinet decision which has reversed its own resolution to shift off shore casino vessels to Aguada bay. The cabinet in February 2009 had decided to shift all seven casino vessels away from Mandovi River after protests from civil groups and opposition party, BJP. The state cabinet, last week, decided to relocate the casinos within the Mandovi river basin deviating from its earlier stand to shift them to Aguada Bay. The division bench comprising Justice D G Karnik and Justice F M Reis told the lawyers that whoever wants to continue with the case can do it. The bench gave time till tomorrow to the casino operators to decide on the petition or else the hearing would continue from Monday.

Courtesy: IBN Live
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