Kingfisher, Air Deccan close to sealing deal
Deccan to retain low-cost tag; Kingfisher to run as full-service carrier
DoT, cellcos at war
Operators refuse to pay fine on Spectrum defaults
Primus set to buy Weekender for Rs 50 crore
Primus may acquire brand Weekender and a network of up to 50 stores across India
The Hindu Business Line
Prices quoted 'too high'; fresh tender may be floated in July
Zee pulls out of deal with BCCI
Companies raise $5 bn via ECBs in March
Highest-ever borrowing in a single month; $20 billion raised in 11 months
The Financial Express
Will poverty rise in new BPL definition?
Assets and liabilities of families, and not just income levels, will be taken into account while deciding on BPL status
CPM proposes licence raj in retail trade
Objective is to prevent monopolisation and protect the local general stores
Visa restrictions protectionist, says Nasscom
Also says any fraudulent activity should be dealt strictly
MINT
Govt extends wheat procurement season
A 31% shortfall in the purchase target of 15 million tonnes forces it to keep trying for 30 days more
Boehringer offers HIV drug without patents
78 low-income nations, including India and almost all of Africa, to benefit
Trehan joins Apollo, 70 others may follow
Negotiations on with other doctors, says Apollo group
Daily News & Analysis - Money
Spice-Idea merger may depend on IPO
Companies mum, but the buzz is listing will establish valuations for share swap
Re slides on dollar buying
Liquidity eases futher
Cement biggies get their chance
With companies holding prices, Holcims, Heidelbergs get more buying opputunities