MUMBAI, Jan 30 (Reuters) - India’s central bank said on Friday that seven state governments will sell 10-year state development loans for 47.49 billion rupees on Feb. 5.

The investment fund that pays for the pensions of 453,000 public employees in Washington has taken a massive hit, losing 22 percent of its value in 2008.

Sky Sports News are reporting on their website that the consortium negotiating to buy Orient includes the Dubai company Zabeel Investments.

The World Bank and the International Monetary Fund (IMF) have cancelled more than 90 percent of Burundi’s debt, worth 1.4 billion dollars, the impoverished African country’s government said Friday.

Companies brought a near record amount of debt to bond markets in January, taking advantage of the thaw in investors’ appetite for risk.

Intel has filed a $50 million lawsuit against insurance carrier American Guarantee and Liability Insurance, alleging breach of contract.

An agreement has been reached in a lawsuit involving Heath Ledger’s $10 million life insurance policy. Ledger’s attorneys are seeking a closed hearing next month to establish a court guardian to represent the actor’s 3-year-old daughter, Matilda Rose, who is the policy’s beneficiary.

An agreement has been reached in a lawsuit involving Heath Ledger’s $10 million life insurance policy.

The Senate overwhelmingly approved legislation yesterday to provide health insurance to 11 million low-income children, a bill that would for the first time spend federal money to cover children and pregnant women who are legal immigrants.

Lawsuit follows American Guarantee and Liability Insurance’s failure to pay for Intel’s legal defense related to antitrust lawsuits.