Govt recasts Satyam board
Parekh, Karnik, Achuthan to instil customer confidence
New Delhi, January 11
Faced with one of the worst financial frauds to hit the country’s IT industry, the government today appointed Deepak Parekh, chairman of Housing Development Finance Corporation Ltd, NASSCOM's former president Kiran Karnik and former SEBI member C Achuthan as the “three musketeers” of its choice to steer the software exporter Satyam out from the crisis.

Business page: Hope aboard

Transporters’ Stir
Day 7: Some good news
Truckers’ body calls off strike in Mumbai, more agitators to follow suit, claims govt
New Delhi, January 11
The truckers’ strike seems to be waning, as the government remains firm on its stand, unwilling to give in to the demands of the agitating transporters.

Pak not to hand over nationals, even if guilty
Islamabad conducting own probe into the evidence received from India
Karachi, January 11
Pakistan is conducting its own probe into the evidence received from India on Mumbai attacks but no Pakistani national found to be involved in the incident would be handed over to any other country, Prime Minister Yousuf Raza Gilani said today.

World page: Zardari hosts envoys from non-Muslim states

Pak deploys additional troops along border
Poonch, January 11
Pakistan has deployed several Army Brigades along the Indo-Pak border in Jehlum-Chenab and Chenab-Ravi corridors in the recent days sparking concern in the Indian security forces, defence sources said here today.

BSF reviews IB security

This gift is simply ‘unbeerable’
Poonch, January 11
In an unusual event, 13 Sector of the Army gave beer bottles to students for winning various competitions during a function held to mark the theme of this year’s Army Day — The Nation Above All — in Thannamandi area of Rajouri district.

Chill Factor
Keylong shivers at -12.9°C
Chandigarh/New Delhi, January 11
Keylong in Himachal Pradesh was shivering at minus 12.9 °C, while the night temperatures in adjoining Punjab and Haryana again showed a downward trend, providing little respite from the cold wave sweeping the North west.

Punjab, Haryana have been withdrawing posts from the commissions’ ambit at regular intervals
Bid to strip service commissions of powers
Chandigarh, January 11
It’s an intended erosion of the system and the state governments seem to be practising such acts with impunity.

A Tribune Exclusive Meltdown weaves trouble for handloom industry Panipat, January 11 After almost a week of foggy and gloomy weather, the sun god is shining down brightly. But this pleasant change in weather, too, has failed to lift Anish Ahmed’s sagging spirits. As he stands inside his pit-loom unit here, inspecting the empty pit looms, he recalls that he has never seen such hard times in his 30 years in the handloom trade. Anish Ahmed walks past pit looms at his unit in Panipat, which has been closed for two months. Tribune photo: Kamal Kishore