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LIC peers over the Great Wall
Life Insurance Corporation (LIC)— the country’s largest life insurer with assets of over $ 40 billion and 120 million policies in force — has decided to enter China, the world’s most populous nation. ...  | Read.. 
 
Clamour for higher L&T offer price
Chances of Grasim Industries’ open offer for Larsen & Toubro (L&T) turning successful receded today when investors, ...  | Read.. 
 
VSNL wary of tax burden
Revenue sharing agreements with PSU telecom majors BSNL and MTNL and the controversial investment proposed for Tata Telese ...  | Read.. 
 
Indian Rayon to spin off division
Aditya Birla group company Indian Rayon and Industries Limited has decided to spin off its insulators division into a separa ...  | Read.. 
 
Icra, Moody’s mull joint rating
Icra plans to expand its operations to the Asia-Pacific region and is in talks with Moody’s Investors Services, with which i ...  | Read.. 
 
tough times ahead: A file picture of chairman and CEO of The Boeing Company Philip Condit standing near a 767-400 jet. (AFP)
 
 
US court blow sends Cipla, DRL tumbling
Share prices of Dr Reddy’s Laboratories Ltd (DRL) and Cipla Ltd nose-dived today over concerns that..  | Read.. 
Skoda gears up to roll out Laurent-Klement
Skoda Auto India Pvt Ltd has decided to make the Laurent-Klement—its premium D-segment offering—at ..  | Read.. 
 
Japanese ad major cements ties with Percept
Hakuhodo—Japan’s second largest advertising group and the ninth largest world-wide—plans to increas..  | Read.. 
 
Subhash Chandra gets hands-on at Zee
Zee Telefilms today announced that chairman Subhash Chandra will take over the reins from group bro..  | Read.. 
 
AROUND THE GLOBE
Boeing wings clipped
With the US airline industry showing no sign of pulling out of its economic nose dive, the world’s ..  | Read.. 
 
EasyJet turns to Airbus
Europe’s largest no-frills airline EasyJet says it has chosen Europe’s Airbus instead of current su..  | Read.. 
 
Fed tightens time-frame in Global Crossing probe
Federal investigators looking into suspected wrongdoing at Global Crossing Ltd. are sharpening ..  | Read.. 
 
AOL’s sunny forecasts outshine gloomy facts
Six months after America Online bought Time Warner, the merged company’s top executives rejecte..  | Read.. 
 
E&Y growth slows down to 2.7%
Accounting giant Ernst & Young said global economic downturn slowed its revenue growth to 2.7 p..  | Read.. 
 
Henkel offer
German consumer chemicals group Henkel, makers of Persil detergent, has made an informal $ 4.4-bill..  | Read.. 
 
 
IOC rejects Nagarjuna offer
Bank review
Sebi panel
Morepen net