Weeklly News

(27th Sep- 3rd Oct )

By:

Shreya Gaba

•Former Pakistan President Pervez Musharraf

launched

his new political party, the All Pakistan Muslim League,

in London on Oct 1, 2010.

•67-year-old Musharraf had earlier announced his

plans to return to Pakistan and contest the 2013

general elections

Ayodhya verdict: Disputed

land to be divided into 3

parts

Justices Khan and Agarwal decreed that the 2.7 acre

land comprising the disputed site should be divided

three equal parts and be given to Sunni Waqf Board,

Nirmohi Akhara and the party representing Ram

Lalla (Ram deity).

Sunni Wakf Board said it will move the Supreme

Court against the Allahabad High Court order

dividing the disputed land in Ayodhya among three

parties and said they were not going to surrender it.

Corus logo to make way

for Tata steel brand

Tatas have decided to replace the Corus name with

Tata brand and logo

Corus joined Tata Steel family on April,007 after the

Jamshedpur based steelmaker paid $12 billion.

Nokia loses 20% market

in six months

Nokia that failed to keep pace with Rs. 30,000

mobile market in India, has seen market crash close

to 20% in the first six moths of 2010.

Finnish company accounted for only 36.3% handsets

sales in india due to growing competetion from new

mobile makers,, vis Micromax, Spice, Lava, Carbon

etc.

Contract workers may get

a better deal with new

law

• The Centre wants to amend the Contract Labour Act

of 1971 to ensure a fair deal for workers.

• This mandates that contract workers get the same

wages, facilities and benefits as received by regular

employees.