The Economic TimesONGC to seek Russia's surety for Rosneft dealCo wants a sovereign guarantee or letter of comfort for $6bn loan to Russian co.Govt may grant tax sops to put broking M&As in the fast laneAcquisition of broking entities to bring in capital gains and are liable to be taxed.Gail sounds out govt over Panna-Mukta gas price disputeCo says diversion of gas from HVJ system would adversely impact power & fertiliser production in the country.The Financial ExpressLehman Brothers to pick up 8.5% stake in KPIT CumminsFII limit to be increased from 24% to 49%.Edible oil, oilseed duty recast likelyConsumer affairs ministry proposes halving of import duty on oilseeds to 15%.Welspun to sell Tommy Hilfiger home textiles'Tommy Hilfiger' to be premium brand; 'Spaces' aimed at mass market & 'Welspun' to be a discount brand.The Business LineNew autonomy package for PSU banks on cardsExercise to depend on good corporte governance practices.Pharma retailers threaten to stop stocking psychotropic medicinesAllege harassment under narcotic drugs Act.
