Presented by:

Nitin Goel

Weekly news Economic Times

JSW Energy plans Rs 3,300-cr

expansion

JSW Energy will invest Rs 3,300 crore to expand

the capacity at its 860 megawatts (MW) power

plant at Vijayanagar in Karnataka by 660 mw, the

company

The Vijayanagar brownfield expansion would be

financed with a debt-to-equity ratio of 3:1

Hope to lower the interest rate by 100-150 basis

points

The company hopes to complete the refinancing

loans worth Rs 3,375 crore raised for its 1,200-

MW Ratnagiri power plant by December

Tata DoCoMo launches 3G

services (3rd Nov, 2010) Tata Teleservices, which has Japanese firm DoCoMo

as partner, launched 3G mobile services in ninecircles, enabling subscribers to access high speedInternet and video telephony

Tata DoCoMo became the first private telecom firm tolaunch 3G mobile services in the country. Two stateowned firms -- BSNL and MTNL -- had launched theservices more than a year ago

Tatas had bagged 3G spectrum in nine circles ofKerala, Karnataka, Madhya Pradesh (includingChhatisgarh), Rajasthan, Gujarat, UP (West), Punjab,Haryana and Maharashtra in the auction held recently

Going forward, NTT DoCoMo will continue to leverageits mobile expertise and value-added services inmarkets worldwide through collaboration with partnerssuch as TTSL

EU issues note to address drug

seizure concerns of India The European Union has offered fresh suggestions to

prevent wrongful confiscation of Indian generic drugs during transit through European countries, a move that hints at its seriousness about settling the issue.

The 27-member block has offered a non-binding proposal, or a non-paper in technical terms, that seeks to address India’s concerns.

India may ask for setting up of a dispute settlement panel at the WTO to settle the long-pending issue to make sure that the offer made by the EU has sufficient backing of the law.

Many of India’s drugs shipments to the third world countries through ports in Europe have been seized because of over-interpretation of regulations by Customs authorities in European countries.

India has argued that such seizures violate the treaty that

India expects progress on US

export control issue Ahead of President Barack Obama's visit in India it is

expected that there will be progress on the issue of relaxation of US export control regime on dual-use items.

Under the export control regime, the US has a list of entities which whose export to certain countries like India requires clearances.

These technologies fall under the categories 'non-proliferation, national security, missile technologies and crime control' by the US administration.

India wants such items to be allowed to be transferred without the requirement of clearances.