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NEWS DIGEST: Top Newspaper Headlines

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The Economic Times 

Petro price hike may be rolled back

Sonia steps in even as allies, other parties step up protests.

IBM lines up $6 billion splash over years

To spread funds across research areas.

Reliance, Pantaloon jostle for space


Look for strategic tie-ups with real estate developers.

The Hindu Business Line


No price hike rollback: Deora 

Expects portion of Rs 28,000 crore oil bonds soon.

Sensex crashes below 10,000


Loses 2,655 points in less than a month.

Amrita Patel may succeed Kurien at IRMA


Hasmukh Shah and Bakul Dholakia also in the running.

The Financial Express


OMCs get nod to hike prices if crude tops $73/barrel

No commitment made in case if the crude prices drop.

Trai comes down hard on cable operators 

Makes subscriber numbers declaration mandatory.

SEZ land norms for IT, botech, jewellery resolved
 

Minimum land area to be 10 heactares.

Daily News & Analysis -  Money


Trai moves to keep IPTV out of Cable TV Act  

Lack of standard equipment, fuzzy FDI norms cited among reasons.

TCS will recruit 1,000 Americans this year 

North America contributed nearly 60% of TCS's total revenue.

Hotels' hot streak continues on high rents, occupancies

Growth variables this year were in for a spectacular rise in the premium hotels segment.  

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First Published: Jun 07 2006 | 8:37 AM IST

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