Here is a roundup of news from Indian newspapers, news wires and Web sites on Tuesday, December 14, 2010. The Wall Street Journal has not verified these stories and does not vouch for their accuracy.
Catholic Syrian Bank Dodges Church: After one-and-a-half decade of rivalry and public sparring, the Catholic church in Kerala has said it is giving up efforts to wrest the control of the Catholic Syrian Bank which has many of its community members as shareholders. (Source: The Financial Express)
Former CJI Parries Questions on Naming Raja: Faced with Justice H L Ghokale’s statement contradicting his claim, former Chief Justice of India K G Balakrishnan today said Justice Reghupati of the Madras High Court had not not written any letter to him naming former Union Minister A Raja. (Source: Press Trust of India)
Inflation Down to 7.48% in November: Continuing with its trend towards moderation, inflation declined to 7.48 percent in November, mainly boosted by lowering of pressure on certain food items. (Source: DD News)
Huawei Aims India Investments of Over $2 Billion in 5 Years: Chinese telecoms gear maker Huawei aims to invest more than $2 billion in India over the next five years in areas including research and development and manufacturing, the company’s India unit said on Tuesday. (Source: Reuters)