UP headed for hung assembly
New Delhi: Uttar Pradesh is headed for a hung assembly, while the Congress gained a clear majority in Punjab and Uttaranchal.

Samajwadi Party president Mulayam Singh Yadav has left for Lucknow as his party expected to win over 150 seats in the 403-member UP house. Yadav is a clear front-runner for forming a new government. The Congress is viewed as a prospective partner of the SP.

Next to the SP, the big winner in UP is the Bahujan Samaj Party (BSP), which is set to register a tally in the region of 90 seats.

In both Punjab and Uttaranchal, the BJP strength has been reduced to less than a fifth of its strength in the outgoing assembly. The Siromani Akali Dal has retained ground in many of its traditional bastions.

There is considerable speculation about the Congress' chief ministerial nominee for Uttaranchal.
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Jayalalithaa wins, set to be sworn in CM
Chennai: AIADMK general secretary Jayalalithaa is all set to be sworn in as the chief minister of Tamil Nadu following her victory in the Andipatti by-election.

She was unanimously elected leader of the AIADMK's legislature party.

Chief minister O Panneerselvam, who assumed office in September last, handed over his resignation to governor P.S. Ramamohan Rao.
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Hyderabad airport gets Rs 135 cr from Hudco
Hyderabad: The Housing and Urban Development Corporation of India (Hudco) will sanction Rs 135 crore to the Andhra Pradesh government to acquire land for the proposed international airport at Hyderabad.

The airport needs 5,000 acres of land. The contract for construction of the $300-million project was recently awarded to the consortium of GMR Vasavi and the Malaysia Airport Holdings Berhad.
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CII delegation for East African countries
New Delhi: A 10-member delegation of Confederation of Indian Industry (CII) representing pharmaceuticals, information technology, diesel engines, transportation, textiles, sports goods, hospital equipment is visiting Ethiopia, Ghana and Nigeria from 24 February-5 March.

The Bajaj Tempo, Dr Reddys Laboratories, Kirloskar Brothers Ltd, Magnun International Trading Co, Metalbeds India, Panalpina World Transport (India), Tata Ghana Ltd and CMC Ltd are among the business houses exploring opportunity in the African countries.

The programme includes business promotion seminars, one to one business meetings with potential partners, key decision makers and various investment and trade promotion agencies and associations partners in the three countries.
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17 cos evince interest in Ennore terminals
Chennai: Ennore Port Ltd (EPL) has received expression of interest (EoI) from 17 companies for putting up coal and marine liquid terminals on build, own and transfer (BOT) basis.

The companies include SICAL, Adani Port, Larsen & Toubro, Venktesh Coke and Indian Oil Corporatio.

EPL is in the process of appointing a development advisor to select the BOT concessionaire.

The coal terminal would handle non-thermal coal, while marine liquid terminal is to handle liquid cargo comprising POL, chemicals and edible oil.
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