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Vodafone signals bid for Hutch-Essar
Vodafone, the UK-based telecom giant, today confirmed days of speculation by formally announcing that it is considering acquiring a controlling stake in Hutchison Essar, India’s fourth largest mobile phone operator. ...  | Read.. 
 
Indian actors shield cards
The Indian protagonists in the latest telecom buyout drama chose to hold their hand and remain silent as they digested news ...  | Read.. 
 
HDFC Bank prime lending rate up to 13%
HDFC Bank today hiked its benchmark prime lending rate (PLR) by 150 basis points to 13 per cent, the third to do so after IC ...  | Read.. 
 
Govt go-ahead to 49% foreign stake in bourses
The government today allowed 49 per cent foreign investment in the stock exchanges. This follows Sebi’s move to allow p ...  | Read.. 
 
Tyre Corp revival on fast track
The ministry of heavy industries is looking at the joint venture route to revive the ailing Tyre Corporation of India. A few ...  | Read.. 
 
OWNER’s PRIDE: General Motors India launched the Aveo U-Va hatchback in New Delhi on Friday. Priced between Rs 3.99 lakh and Rs 4.79 lakh (ex-showroom ...  | Read

 
Mahindras to buy German forging firm
Mahindra & Mahindra (M&M) will acquire a 90.47 per cent stake in Schoneweiss & Co GmbH,..  | Read.. 
 
Winter of content in travel
Tourists, unfazed by soaring room rates and over-crowded holiday locations, have chosen to travel e..  | Read.. 
 
Interconnect jolt to GSM players
Telecom tribunal TDSAT today rejected GSM mobile operators’ petition challenging Trai’s d..  | Read.. 
 
PM to flag off IISCO expansion tomorrow
Prime Minister Manmohan Singh will flag off the Rs 9,600-crore modernisation and expansion programm..  | Read.. 
 
Sebi slaps penalty on HSBC Investment
The Securities and Exchange Board of India (Sebi) today imposed a penalty of Rs 10 lakh on foreign ..  | Read.. 
 
AROUND THE GLOBE
Toyota aims for the top slot
Toyota Motor Corp expects to produce a record 9.42 million vehicles in 2007 — a 4 per cent rise tha..  | Read.. 
 
STOCK MARKET
Mutual Funds
CORPORATE BRIEFS
US nod for Auro Pharma
Shell pact
ASUS phone
Sasken
HDFC Bank
Numero Uno
 
Inflation rises to 5.32%
Airline merger
DLF issue
EC on Corus
RIL oil