The Commonwealth Games (CWG) organizers are now getting negative response or publicity in abroad media over the dengue fever outbreak in the capital and works speed is slow.

CWG is already facing the negative publicity at the home and now it is facing the problem in abroad also.

CWG extensive coverage in the foreign media is not well ‘The Financial Times’ and ‘The Sydney Morning Herald’, is likely to add to the woes of the Games organizers.

The Financial Times published a report and said, “India’s aspirations for glory as the host of the upcoming Commonwealth Games faces a fresh problem: a serious dengue fever outbreak that is threatening to scare off athletes and fans”.

“An increased risk of dengue fever has been added to the list of headaches for the New Delhi Commonwealth Games organizers,” said The Sydney Morning Herald.

“A heavy monsoon and the Games construction sites across the city, where water has gathered in large pools, have led to heightened fears this year about mosquito-borne diseases. The insects breed in stagnant water,” it says.

Business news sources said today on Friday that before the official process of integration of Tech Mahindra and Mahindra Satyam commenced, execution of projects is being shared between the companies.

“We are working jointly in marketing and execution of various projects. Major telecom projects are being diverted to Tech Mahindra as they have expertise in the domain,” said news sources.

Recently Mahindra Satyam, BEL, and IBM has get the telecom major MTNL contract of the converged billing solution project.

Tech Mahindra have reportedly set up joint task forces with 4-5 people including one senior person each from TechM and MSAT in areas of infrastructure, human resources, technology and purchases, said a senior official of Tech Mahindra.

Both the companies are working together and have common orientation programs, use same resources and training during placements. Both companies are using different names.

Equities were witnessing a range-bound session with positive bias due to lack of cues from global peers. Metals, oil&gas and PSU stocks moved higher whereas IT and FMCG stocks were amongst the laggards.

At 1 pm, Bombay Stock Exchange’s Sensex was at 18087.29, up 88.88 points or 0.49 per cent. The index touched a high of 18216.50 and low of 18040.53 in trade so far.

National Stock Exchange’s Nifty was at 5435.15, up 26.45 points or 0.49 per cent. The broader index touched intraday high of 5469 and low of 5408.90.

BSE Midcap Index was up 0.49 per cent and BSE Smallcap Index moved 0.64 per cent higher.

Amongst the sectoral indices, BSE Metal Index advanced 1.69 per cent and BSE Realty Index moved 1.25 per cent. BSE IT Index slipped 0.94 per cent.

Tata Steel (2.92%), ONGC (2.70%), Bharti Airtel (2.39%), Hindalco (1.93%) and Jindal Steel (1.82%) led the Sensex upmove.

Shares of Tata Steel moved up after the company entered into an MoU for with Thailand’s Sahaviriya Steel Industries for potential sale of  Tees side Cast Products in the UK.

Shares of ONGC were in action on reports that the state-run oil company major may get permission from the Centre to pay only a third of its total royalty obligation to the Rajasthan government on the revenues earned from the oil blocks owned by Cairn India, removing a possible obstacle to the Vedanta-Cairn deal and saving the oil explorer an annual outgo of $350 million.

Losers included TCS (-1.24%), Infosys Technologies (-0.60%), ITC (-0.56%), HDFC Bank (-0.41%) and BHEL (-0.21%).

Market breadth was positive on the BSE with 1749 gainers against 1095 losers.

The European markets also opened in green. FTSE 100 was up 0.89 per cent, CAC 40 gained 0.21 per cent and DAX gained 0.13 per cent.

New Delhi Supreme Court (SC) issues notice to former Satyam Managing Director B Rama Raju and four others accused in case of Rs. 14,000 crore accounting fraud in Satyam company.

SC said why their bails should not be canceled. The Supreme Court Justice Deepak Verma and Justice Dalbeer Bhandari issued notices to the five accused including Raju.

High Court had granted bails to Raju in July month, brother of Satyam founder B Ramalinga Raju, former Satyam CFO V Srinivas and three others former IT company employees G Ramakrishna, Venkatapathi Raju and Ch Srisailam accused in the India’s largest corporate fraud.

After Raju admitted to fudging the accounts, Satyam company founder Ramalinga Raju, Rama Raju and eight others accused were arrested last year.

The Supreme Court asked the five accused to reply within a week.

Today the BCCI (Board of Control for Cricket in India) has present its weight behind Secretary N. Srinivasan and suspended IPL Chairman Lalit Modi’s allegations in the matter of senior official fixed the 2009 players’ auction.

BCCI President, Shashank Manohar said today after the Working Committee meeting that Modi’s accusations against Srinivasan, who owns the Chennai Super Kings team, were “blatant lies”.

Manohar added that, “I can produce papers which prove that the charges levelled by Mr Modi against Mr Srinivasan are blatant lies.”

Asked whether these papers were tabled at today’s meet and accepted by the committee members, in the meeting only Manohar said, “yes”.

According to news, Shane Warne is captain-cum-coach of the Rajasthan Royals team.