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Govt to look into non-delivery of flats by Maytas Properties
Ruling out any bailout package for Maytas Properties, the government today assured the NRIs of working a solution to non-delivery of flats sold by the firm promoted by kins of disgraced Satyam founder B Ramalinga Raju.

$400 mn QIP nod for Jet
Jet Airways today received clearance from the Cabinet Committee on Economic Affairs (CCEA) to raise $400 million (Rs 1,850 crore) from foreign investors through Qualified Institutional Placement (QIP). The proposal was made to the Foreign Investment Promotion Board (FIPB), which referred it to the Cabinet as the QIP was for over Rs 600 crore. The airline has raised Rs 1,000 crore by selling its land in Mumbai.

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AAI raised Rs 380 cr this year; fares to remain unchanged
The Airports Authority of India (AAI) raised Rs 380 crore till September this year through short loans for funding various development projects but the borrowings will not lead to increase in passenger fares, the Rajya Sabha was informed today.
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Yeddy's emissaries meet BJP top leaders

Attacks dissidents of trying to destabilise his govt. - Keeping Bush at arm"s length - Narendra Modi"s condition improves - Raja accuses NDA of Rs 1.6 lakh cr telecom scam - PM sounds caution on financial reforms - BJP rebels firm on change in leadership - swaraj/23/42/374806/" class="textMost" title="Aditi Phadnis: Sushma"s swaraj">Aditi Phadnis: Sushma"s swaraj The deadlock between rival camps in the Bharatiya Janata Party (BJP) government in Karnataka persisted today with Chief Minister B S Yeddyurappa’s emissaries claiming the party’s brass gave an assurance of no change of guard while the dissidents kept the leadership issue still open. The BJP’s top leadership stepped in to defuse the crisis in its government and met the emissaries, as the war of words between the two sides continued unabated. Yeddyurappa attacked the dissidents of trying to destabilise his government at a time when the state was grappling with the worst of floods, while the rival camp led by his ministerial colleagues — the powerful Reddy brothers from Bellary — accused him of “cheating” the people. “The central leadership, especially (BJP’s pointsman for resolving the crisis) Arun Jaitley, made it very clear that there will be no change in leadership,” Karnataka BJP unit chief Sadananda Gowda, who led the emissaries comprising state MPs and ministers for a series of meetings with central leaders, including BJP chief Rajnath Singh and L K Advani in New Delhi. Admitting that there were some “small differences” between senior colleagues in the Cabinet, he told reporters these would be sorted out in “a day or two”. Home Minister V S Acharya was among the emissaries. “We met L K Advani, Rajnath Singh and Sushma Swaraj and all of them were of the same view that the leadership in Karnataka will not be changed. They have a firm view on this,” Yeddyurappa’s emissary and former MP Dhananjay Kumar said. However, sources in the dissident camp said the change in leadership issue was still open. The Reddy brothers — Janardhan Reddy and G Karunakar Reddy — are expected to arrive in the national capital tomorrow. A day after indicating his willingness for a patch-up with the rebels led by ministers Karunakara Reddy, Janardhana Reddy and Sreeramulu, who have been spearheading a campaign to oust him, Yeddyurappa said “some politicians” were “fighting for the chair”.


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