Tuesday, July 22, 2008

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Anil's dream ends, talks with MTN called off
    CALL CANCELLED: Anil Ambani's Reliance Communications ends talks with South Africa'a MTN.Reliance Communications and South African company call it quits.
Acute diesel shortage hits Hyderabad
    DRY DAYS IN HYDERABAD: Supply fails to meet the demand of diesel in the city.Cab-business badly affected by the acute shortage of diesel in the city.
Yahoo strikes deal with Icahn to end proxy battle
    ONLINE GIANT: Yahoo's board's new 11 members will be able to recommend two other directors.Yahoo's new board will consist of 11 members including Icahn.
Inflation plays spoilsport for foodies
    INFLATION IMPACT: Eating out has become a rare luxury thanks to rising inflation.Party time for youngsters comes to a simmer as inflation rains on it.
Big luxury jets hit hard by oil price hike
    Bombardier used F1 driver Lewis Hamilton to draw attention to the smaller jet market.
Upward surge in interest rates to continue
    CREDIT POLICY FEELERS: Sources say upward bias in interest rates will continue for some time.Sources say that growth in money supply is likely to cool off soon.

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