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Hamburg - Motorsport's world governing body FIA and the Formula One teams' association FOTA appeared no nearer to ending their differences Wednesday.

Rejecting a proposal to extend a deadline on new entries, FIA president Max Mosley told FOTA to accept the rules for 2010 by Friday at the latest.

If necessary these could be revised in new negotiations, he said.

Mosley was responding to a letter from FOTA which put forward "compromise" proposals in a bid to end the row over rules and funding.

Kiev  - Ukraine's minister of transport quit his portfolio on Wednesday to protest poor government financing of preparations for football's Euro 2012, Channel 5 television reported.

Yosyf Vinsky, the former Soviet republic's top transport official since January 2007, said he had no choice but resignation because his boss, Prime Minister Yulia Tymoshenko, "was blocking the allocation of funds required to build infrastructure facilities linked to Ukraine's hosting the 2012 European Championships.

Omaxe Ltd has notified that Omaxe Infrastructure & Construction Pvt. Ltd, a 100% subsidiary of the Company has secured three construction contracts worth Rs 128.34 crore from U P Projects Corporation Ltd (a UP Government Undertaking).

The company has bagged the first contract worth Rs 63 crore for renovation / face lifting of ESI Hospital, Bhubaneswar.

Further, it secured the second contract for renovation / face Lifting of ESI Hospital, Choudwar, Cuttack at an estimated cost Rs 59.30 crore.

Stockholm  - Swedish carmaker Saab gained a key legal decision Wednesday in its bid for survival-by-takeover when a court okayed a writedown of 75 per cent of the company's over 10 million crowns (1.3 billion dollars) in debts.

The decision by the court in Vanersborg handling Saab's insolvency came a day after US car giant General Motors had agreed on a deal to sell Saab to the tiny Swedish sportscar company Koenigsegg.

Mumbai-based IRB Infrastructure Developers has informed that the company has emerged as the lowest bidder for the four-laning of NH 4A from Goa / Karnataka Border Km 84.00 to Panaji - Goa Km 153.070 with total length of 65.07 Km in the State of Goa under NHDP Phase III on BOT basis.

The scope of work includes design, engineering, finance, construction, operation and Maintenance of National Highway.