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INDIAN NEWSPAPER HIGHLIGHTS - SEPT 27, 2005.

Asia Africa Intelligence Wire

| September 27, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

NEW DELHI, SEP 27 Asia Pulse - Highlights of today's newspapers:

THE ECONOMIC TIMES:

- Hutchison Essar today entered into an an agreement to acquire BPl Mobile Communications and BPL Mobile CEllular. It also announced that it has entered into a conditional agreement to acquire Essar Spacetel, an Essar group company that has applied for licences in seven circles.

- India's plans to import 5 Mt LNG from Iran appears to be in jeopardy. The US $20 million deal, contracted in June, needs a final approval by the National Iranian oil company (NIOC). It is likely to face trouble following India's stand in the IAEA.

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