Business Today


     Print Edition: March 18, 2012

Deadly Sticker
The 'sticky bomb' used in an attack in New Delhi on an Israeli diplomat's car on February 14, setting the vehicle aflame and injuring its occupants, was the first such used in India. What the sticky bomb is all about:

Definition: It is an explosive charge covered with some adhesive which, thrown at or pressed against an object, sticks to it until it explodes. It is triggered remotely, usually using a cell phone. In West Asia, where it has been widely used by insurgent groups, it is known as 'obwah lasica'.

Composition: A sticky bomb usually contains nitroglycerine mixed with an accelerant and some shrapnel material. It has a magnet attached, or is covered by an adhesive. It is light and small enough to be concealed in a person's palm.

History: Early versions of sticky bombs were used in World War II, when they were also known as 'limpet mines'. Booby traps sprung during the prolonged insurgency in Northern Ireland often employed them too. But their most widespread use has been in Iraq since 2007, in terror attacks on the coalition forces that took charge following the ouster of Saddam Hussein.

Follow Rule, Win Prize

It is a regular sight in Delhi: empty overhead footbridge, while beneath, people dart across roads full of traffic, risking their lives. For the second time, the Delhi police have begun a lucky draw to restrict jaywalking. Policemen in plain clothes have been posted at select footbridges handing out coupons to those who use them, some of which will win Rs 5,000. Yes, the locations are a secret.

Vintage Delights
A 1963 Ferrari 250 GTO became the second most expensive car ever when it was recently sold for 20.2 million (Rs 157.6 crore). British businessman Jon Hunt, who acquired it four years ago for 15.7 million, passed it on to a buyer whose identity is a secret. The most expensive car ever sold is a 1936 Buggati Type 57SC auctioned in 2010.

May Ma Durga Help
The airport at Durgapur - actually located 20 km outside the town, at Andal - scheduled for completion last year, will now be ready only in early-2013. First, a dispute between the promoters, Bengal Aerotropolis Projects Ltd, and Coal India, whose officers will use the airport most, stalled work for a year. Even now, only 1,818 of the 2,300 acres needed have been acquired.
Compiled by Basudha Das

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