Lakshya – I test-flown successfully
The pilotless target aircraft Lakshya-1 was successfully test-flown from the Integrated Test Range at Chandipur, Orissa, on Thursday.
New design of EVMs being worked out
According the to the Law and Justice Minister Salman Khurshid, the Election Commission is working on a new design of Electronic Voting Machines (EVMs) which will accommodate more than the present maximum limit of 64 candidates.
Walt Disney gets government nod for FDI
Walt Disney has finally received the the Central Government’s nod, on Thursday, for expanding its operations in India.
Along with this 10 other proposals also received the government’s nod on the basis of recommendations of the Foreign Investment Promotion Board (FIPB), Walt Disney is having a lion’s share of 1,000 crore of a total foreign exchange inflow worth Rs.1,259.92 crore.
Five more oil, gas blocks cleared by CCEA
The Cabinet Committee on Economic Affairs (CCEA) has cleared five more oil and gas blocks on thursday. These blocks had been put on offer under the NELP IX round of bidding, under which 34 areas for exploration and production of oil and gas were offered. The major winning parties include U.K.’s BG Exploration & Production and BHP Billiton Petroleum (International Exploration) of Australia.
The Mumbai basin deep sea block MB-DWN-2010/1 was awarded to the consortium of BG Exploration & Production and BHP Billiton Petroleum (International Exploration) of Australia, thus beating the consortia of Oil and Natural Gas Corporation (ONGC), Oil India Ltd. (OIL) and GAIL India to the block. The shallow water block MB-OSN-2010/2 in the same basin is to be awarded to a consortium of OIL, Hindustan Petroleum Corporation and Bharat Petro Resources, which were the sole bidders.