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Stocks go into a tailspin
The sensex was battered again on Monday, plunging 769.48 points — its second-highest intra-day fall — as global markets swooned on fresh concerns about inflationary pressures in the US that appeared to limit the possibility of fresh Fed rate cut ...  | Read.. 
 
Hint of five-year options
The Securities and Exchange Board of India (Sebi) today proposed to introduce long-term exchange traded equity options t ...  | Read.. 
 
Sterlite leads in IFCI race
The consortium of Sterlite and Morgan Stanley has emerged as the front-runner to pick up a 26 per cent stake in the coun ...  | Read.. 
 
Public sector duo in power-packed pact
Bharat Heavy Electricals Limited (Bhel) and the National Thermal Power Corporation (NTPC) have joined hands to make equi ...  | Read.. 
 
Leisure tourists stay away
Leisure tourists are skipping India this year — preferring to head to cheaper destinations such as China, Thailand, Egyp ...  | Read.. 
 
Something special: Birla Sun Life Mutual Fund has launched Special Situations Fund, an open-ended diversified equity scheme, that will invest in compa ...  | Read


 
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Jai Balaji on fund-raising spree
Jai Balaji Group will place 15 per cent of its stake with two US funds on a preferential basis. The..  | Read.. 
 
Tatas in queue to open UK bank account
After taking over steel giant Corus and emerging a front-runner for iconic car brands Jaguar and La..  | Read.. 
 
Retail fate linked to report
Food processing minister Subodh Kant Sahai today said the retail sector would be opened up if a gov..  | Read.. 
 
Poland crushes steel firms’ mine dreams
Indian steel majors that are eyeing Polish coal mines are out of luck as Poland will not privatise ..  | Read.. 
 
Oil India gets ready for flotation
Oil India Ltd has filed its draft red herring prospectus with the Securities and Exchange Board of ..  | Read.. 
 
Cement output to go up
The cement industry will invest Rs 50,000 crore to add 110 million tonnes of capacity over the next..  | Read.. 
 
Kalimati stake in steel rim firm
Kalimati Investment Company, a wholly owned subsidiary of Tata Steel, is picking up a 10 per cent s..  | Read.. 
 
CORPORATE BRIEFS
Manaksia growth drive
Genpact buy
Gillanders
Old Lane
Tata Steel
Fastrack
 
Trade councilmeet
Maruti design
Plan panel
Merrill buy
hpl expansion