News On Demand 18

1.Air India asks for Rs 20,000 crore bailout.Cash-strapped Air India-Indian Airlines has sought an immediate loan of about Rs 10,000 crore from the government along with an annual equity infusion of Rs 2,500-3,000 crore for the next four to five years, which will be linked to the induction of new aircraft into its fleet. 2.Harry Patch, the last soldier to fight in the trenches of Europe during World War I, died on Saturday at the age of 111 in southwest England. 3.N Korea gets its first fast food joint.The Samtaeseong restaurant opened in the isolated communist country last month in cooperation with a Singaporean company. 4.India to have 3rd largest number of Internet users by 2013.Globally, there were about 1.5 billion Internet users in the year 2008."In some of the emerging markets in Asia such as China, India and Indonesia, the average annual growth rates will be 10 to 20 per cent over the next five years (2008-13)," the report said. India's number of Internet users was estimated to be 52 million in 2008. 5.In less than 7 months, 64 US banks collapse. 6.: Ericsson is all set to acquire a major part of Nortel's North American wireless business for USD 1.13 billion, after the Swedish firm emerged as the successful bidder for the bankrupt Canadian company's CDMA and LTE technologies. 7.Sania Mirza moved into the final of the International Tennis Federation (ITF) Lexington Challenger with a 6-1, 4-6, 6-4 win over Chinese Yuan Meng. 8.Wipro : Western India Vegetable Products Ltd. Sunil R@th