Today's Top Newspaper Headlines:-
The Economic Times
Cos, banks cash in on Re slide
Exploit difference in Re-$ rate between home & offshore markets
Credit-happy cities drive consumer market
Growth on track despite RBI measures
Bombay Burmah to raise Rs 900cr
Wadias seen using funds to buy Danone's stake in Britannia
The Hindu Business Line
Shareholders may have exit option in mergers
Changes in Company Law to protect value of investments in listed cos
Telecom cos may face the heat of blasts
The WiFi internet service of telecom companies has come under scanner and security agencies are likely to harden their stance on having a fool-proof mechanism in place at the earliest
Tata Motors welcomes Bengal initiatives
Company welcomed the Bengal govt's initiatives to placate evicted farmers with better compensation packages
The Financial Express
Indirect holding rules threaten to block rail project
The guidelines to prevent conflict of interest among companies
Voting rights in private banks to equal holding level
However, the finmin has no plans to extend these changes to public sector banks
Trai scans revenue impact of separate tower business
Trai to see hiving off tower biz will reduce licence fees
MINT
Rothschild peddles four Corus units
Investment bank scouts for potential buyers for four divisions of the steel maker
Bajaj considers new brand for low-cost bikes
Move aimed to regain lost market share
Airlines may hedge oil bets
Domestic carriers are looking at entering into hedging contracts for purchasing aviation turbine fuel