Tatas to acquire 26% in Telecom JV with SA govt
Of the $350 mn initial investment in InfraCo, the SA govt will provide $225 mn and VSNL about $60 mn.
Govt tightens SEZ rules, blocks short cut to sops
Companies operating in SEZs will have to make fresh investments on plant & machinery.
Taj eyes old Ritz Carlton in Boston
Deal size for property pegged at $70-90 mn.
The Hindu Business Line
Law minister sees the issue headed for arbitration.
Speed Post cuts tariff in bid to beat private couriers
Letters weighing up to 50 gm to cost Rs 25.
Panel recommends octroi abolition in Maharashtra
Profession tax in municipalities, additional VAT, property tax hike mooted.
The Financial Express
PSU bonus raises issues
ONGC board clears 2:1 bonus in 30 minutes; BHEL delays as stock price spikes.
IA back in business
Claws back to second spot in July.
Ministry clears sale of residual stake in Maruti
Maruti Udyog coffers to sweel by Rs 2,500 crore.