Lalu strikes: AC train fares set tocrash 30%
Announcement likely on October 4.
RBI to clear $1 bn foreign VC funds in realty space
Sebi had cleared the proposals, but RBI objected to them saying they are not in conformity with FDI norms for the realty sector.
Battle for Sangli Bank intensifies
11.9% stake changes hands in brisk deals.
The Hindu Business Line
Minimum distance norm on existing and new sugar plant is area of conflict.
NTPC eyes direct sales to bulk users
Targets at least 5-7% sale this way over the next 5 years.
ONGC does not agree with Tariff Commission proposals
Says gas pricing doesn't take current or future scenario into consideration.
The Financial Express
Essel gets a Left hook on UNI
UNI has called an AGM on September 26 to ratify Essel's majority ownership.
Cong CMs corner FM on farm loans
Some CMs demanded a comprehensive agriculture credit Act in addition to more funds for the farmers.
Risk management of Indian banks better than China's
PSBs lack freedom to offer attractive incentive packages to their employees.