The Economic Times IIT, IIM quotas may go upArjun Singh formula for states may lead to 49.5% reservation.Small drawals will also leave tell-tale signsAfter high-value transactions, I-T's hot on the trail of low bank withdrawals.Air drop: Top Jet executives land in Sahara cockpitCOO and his team will be on the payroll of Air Sahara.The Hindu Business LineA new high: Sensex closes above 11,000 mark Market participants await 'healthy correction'.BSNL to connect rural areas with copters' helpHires fuel trucks to power generators.Tupperware India plans to enter beauty, home careAlso eyes nutrition, clothing areas.The Financial ExpressStates want to tax 68 services under CentreStates say the Centre should enhance their share in service tax kitty to 50% or give them power to tax these services.RBI eases norms for overseas investment Corporates can disinvest their stakes in wholly-owned subsidiaries and joint ventures without RBI nod.RBI may slash CRR by 100 bps Plans to reduce the mandatory cash reserve ratio for public sector banks from the current 5% to 4% to ease the tight liquidity position.Daily News & AnalysisHutch IPO put on backburner Essar fears over Orascom stake casts long shadow.Ranbaxy buys Glaxo unit Company to acquire the unbranded generic business of Allen S.p.A, a division of GlaxoSmithKline in Italy.Rides of March: Car buyers rush to skirt levy The fiscal year-end sales have a lot of traction this time.The Times of IndiaHLL hikes prices, scrip soars to 52-week high Hikes prices of products across all categories, thanks to increasing consumer demand.EPF money not to flow into bourses The EPFO's finance committee has turned down the finance minister proposal of investing 5% of the EPF fund in the stock market.Bhai Mohan Singh no more The founder of Ranbaxy expired at the age of 89.
