Today's Top Newspaper Headlines:-
The Economic Times
A small step away from giant leap
US House of representatives votes for nuclear deal, Senate vote likely today
City's car owners may have to pay fro green cess
Forest ministry cites dwindling tree cover and growing pollution, but Law ministry is not impressed
Goa hotels roll out 'off season' rebates to beat recession
Many hotels and resorts across are offering 40% discount to increase occupancy
The Hindu Business Line
Land cost remains small part of capex of large cos
Services sector, software industry spend more than manufacturing
Top 200 see stable cash flows
Power, commodity cos show sharp growth
Govt to facilitate fast track debt rejig
Schemes to be accepted if 75% of secured creditors consent
The Financial Express
DoT draft seeks 25% cut if new licensess sell stake
Swan Telecom's $900 mn stake sale to Etisalat triggers move
US lawmakers reach deal on $700 bn bailout plan
The House may vote on Monday
New Cos Bill fixes default onus on three key positions
Definition of 'officer in default' narrowed to CS, CFO & CEO
MINT
Tata holding firm builds a war chest
Tata Sons has increased authorized capital and borrowing limit to fund the expansion plans of group companies
Aditya Birla may pick up half of Hindalco issue
The group can increase their stake to 37% from 31.43% if they buy the unsold shares
'Merger is the only solution'
Federal Bank chief Venugopalan says mergers and acquisitions are the only way for small banks to survive