Inspirational News: 24th November 2010 (Wednesday)

India's JSW buys Canadian coal company

India Inc. made yet another foray into the resource rich Canadian market with JSW Energy buying the Canadian coal company CIC Energy for $ 422 million, thereby giving it a significant foothold in the lucrative coal sector in southern Africa.

JSW joins Aditya Birla Group, Vedanta and the Tata Group in entering Canada in the past two to three years.The deal at $ 7.42 a share has been given the green signal by the board of CIC Energy, which is listed in both Toronto and Botswana in southern Africa. In Botswana, CIC Energy operates the Mmamabula coal and power station project.
More: http://ibnlive.in.com/news/indias-jsw-buys-canadian-coal-company/135760-2.html

CBI asked to state reasons for seeking Swami Asimanand's custody

A court in Hyderabad today asked the CBI to state the reasons for seeking the custody of Swami Asimanand, an accused in the 2007 Mecca Masjid bomb blast case, after the defence opposed its plea on the ground that the agency had already questioned him and did not specify any reasons for his further interrogation.

Opposing the CBI's application to further interrogate Asimanand, his advocate JB Chinna Kesava Rao told the XIV Additional chief metropolitan magistrate court that his client had already been interrogated for two days after being arrested by the CBI on November 19

More: http://www.dnaindia.com/india/report_cbi-asked-to-state-reasons-for-seeking-swami-asimanand-s-custody_1471446

Russia to spend $2 billion to clean outer space

Russia will build a special orbital pod worth $2 billion that would sweep up satellite debris from space around the Earth.

Every year, the space near Earth becomes more and more densely populated with used satellites and their debris, and the new system - estimated to cost about 60 billion rubles ($1.9 billion) - would help clean it up, Xinhua reported citing Russia's Rocket and Space Corporation, also known as Energia.

More: http://www.ndtv.com/article/world/russia-to-spend-2-billion-to-clean-outer-space-68237

China shuts down 60,000 porn sites

China has shut down over 60,000 websites for their pornographic content since the government launched a crackdown in December 2009, an official statement has said.

The National Office against Pornographic and Illegal Publications said some 1.7 million websites have also been checked since the launch of the campaign, according to the China Daily.

More: http://www.zeenews.com/news670066.html