SKF India, the largest supplier of automotive bearings, has announced the postponement of its new manufacturing facility at Haridwar, which was to be set up at a cost of Rs 150 crore.
Rakesh Makhija, Managing Director, SKF India stated “We have decided to postpone work at the Haridwar plant due to a slowdown in market demand. However, there is not much impact on the demand for industrial products and our Rs 300-crore investment in the other plant at Ahmedabad, which will make equipment for the industrial sector, is on track. The plant will be operational next year.”
At Sardar Patel Stadium, Lahore Badshahs defeated Hyderabad Heroes in the first final of the Indian Cricket League’s 20s tournament. Chasing a target of 171, Badshahs survived a middle-order collapse before reaching the target in 19.1 overs in the best-of-three finals. 
New York - UN Secretary General Ban Ki-moon said Friday the flare-up in fighting that violated the ceasefire in Gaza Strip has the potential to inflict more suffering and violence to the civilian population.
Mexico City - Mexican President Felipe Calderon said Friday that he was going to the G20 financial summit in Washington with "moderate expectations," because he expects it to be just a "starting point" to tackle the global crisis.
The 16th of November 2008 is the date for the Common Admission Test, a very challenging entrance examination for any graduate institute. All the prestigious IIM's along with other leading institutes like Kirloskar Institute of Management, Mudra Institute of Communication (MICA) Ahmedabad, Nirma Institute of Management, S.P. Jain Institute, TAPAI and several others, select candidates on the basis of CAT scores. 
New York - Academy Award winner actress and activist Charlize Theron was named UN Messenger of Peace to lead the campaign to end violence against women, the UN said Friday.
