Wednesday, July 16, 2008

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Steel firms say time to scrap price cap, Govt mum
    STEEL UNDECIDED: Minister Paswan hints companies must hold prices if they can afford to.Ram Vilas Paswan says he has not decided on companies' wish.
Oil prices fall by $10, biggest dip in 17 years
    SEE-SAW: Analysts are attributing the fall to an OPEC warning that high oil prices could curtail global demand.There are fears that economic slowdown in the US could hit demand.
Rs 10,000-cr Hyderabad Metro plan hits a jam
    GOING SLOW: Mega transport project for Hyderabad held up by bidding delay.5 consortiums that were supposed to bid for project shy away.
Deal with Daiichi on, insists Ranbaxy Labs chief
    BITTER MEDICINE FOR RANBAXY: India's larges pharma company battles charges in the US.India's largest pharma company is being investigated in the US for alleged fraud.
Govt issues notice to sieze Anil Ambani's plane
    NOT FLYING HIGH: The govt issued a notice to seize Anil Ambani's corporate jet for duty evasion.After brother Mukesh, Anil Ambani's jet now flies into the customs net.
Ranbaxy allays fears over Daiichi deal
    BITTER PILL: Ranbaxy is also confident that it will face no further action once Information is provided.Malvinder Singh says Daiichi Sankyo was aware of the US FDA issue before the deal was signed.
Kingfisher loses out, Wilbur Ross gets SpiceJet stake
    SPICE UP: Had Kingfisher succeeded in buying out SpiceJet, it would have become the market leader.Ross will pay Rs 350 crore to acquire roughly 25 per cent stake in Spicejet.
The business of politics: A venture for future?
    POLITICS INC: CNN-IBN panel debates if politicians and corporates can work in tandem.Is corporatisation of politics inevitable? CNN-IBN debates
Congress keeps Mukesh-PM meet agenda under wraps
    AT OPPOSING ENDS: Mukesh Ambani met the Prime Minister just days after Amar Singh slammed him.Mukesh Ambani met the Prime Minister just days after Amar Singh slammed him.

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