Strike hits banking operations	Zaheer to miss Champions Trophy
Mumbai, Aug. 6 Banking services across the country were paralysed as nearly eight lakh bank employees went on a two-day strike beginning Source: The Hindu(07 Aug,2009)	MUMBAI: After almost a month of mulling over whether he should undergo surgery on his troublesome left shoulder... Source: Times Of India(07 Aug,2009)
Sensex plunges 181 points in early trade on Asian cues	Oil retreats in Asia, New York crude holds above $71
MUMBAI: Continuing its losing streak for the second consecutive session, the Bombay Stock Exchange benchmark Sensex today fell by 181... Source: Times Of India (07 Aug,2009)	SINGAPORE: Oil pulled back in Asia on Friday as regional stock markets eased and investors awaited a US report on unemployment... Source: Times Of India(07 Aug,2009)

L&T seeks SEBI nod to exit Mahindra Satyam	I'm a better player in every aspect now: Somdev
Mumbai, Aug. 5 Engineering and construction major Larsen and Toubro has sought the Securities and Exchange Board of India’s approval.... Source: The Hindu(06 Aug,2009)	NEW DELHI: Somdev Devvarman spoke to TOI after his stunning win over world No. 15 Marin Cilic. Excerpts from Somdev... Source: Times Of India(06 Aug,2009)
Inflation falls for eighth consecutive week to -1.58%	US employers cut 97,000 jobs in July, warn of more layoffs
NEW DELHI: Inflation fell for the eighth consecutive week to (-) 1.58 per cent for the week ended July 25... Source: Times Of India (06 Aug,2009)	CHICAGO: Job cuts announced by US employers jumped 31 per cent in July to over 97,000, increasing for the first time in six months... Source: Times Of India(06 Aug,2009)

No slowing down on reforms: RBI chief	Somdev dumps Cilic to advance at Washington
Mumbai, Aug. 4 India will not go slow on financial sector reforms but its future response will take into account the impact ... Source: The Hindu(05 Aug,2009)	WASHINGTON: Somdev Devvarman avenged a Chennai finals loss to Marin Cilic on Tuesday by upsetting the Croatian sixth seed 7-5... Source: Times Of India(05 Aug,2009)
DGH counters Anil's charge	Oil price hits 10-month high
NEW DELHI: Exploration regulator V K Sibal on Tuesday joined issue with Anil Ambani a day after the tycoon raked up charges of Mukesh Ambani's RIL inflating... Source: Times Of India (05 Aug,2009)	LONDON: The price of oil struck a near 10-month high today, helped by a recent weakening of the dollar, but analysts are warning... Source: Times Of India(05 Aug,2009)

Private airlines put strike plan ‘on hold’	Will BCCI force ICC-Wada break?
New Delhi, Aug. 2 There will be no disruption to domestic flights on August 18. Major private sector airlines that.... Source: The Hindu(03 Aug,2009)	MUMBAI/NEW DELHI: Setting the stage for a confrontation, the Board of Control for Cricket in India told the International... Source: Times Of India(03 Aug,2009)
Bharti extends exclusive talks with MTN on merger to Aug 31	Oil jumps above $70 a barrel on optimism demand to recover
NEW DELHI: Bharti Airtel and MTN Group extended their exclusive talks aimed at merging their operations to create the world's third-largest... Source: Times Of India (03 Aug,2009)	SINGAPORE: Oil prices jumped above $70 a barrel Monday in Asia on investor expectations a recovering global economy..... Source: Times Of India(03 Aug,2009)

AI may seek $700 m reparation from Boeing for delivery delay	Sri Lanka ask Pakistan to bat in second One-dayer
New Delhi, July 31 With Air India considering seeking a compensation of over $700 million from Boeing for delay in delivery... Source: The Hindu(01 Aug,2009)	DAMBULLA: Sri Lanka captain Kumar Sangakkara won the toss and sent Pakistan in to bat in the second One-Day International... Source: Times Of India(01 Aug,2009)
Sensex soars to 13-month high	US economy emerging out of recession
MUMBAI: The BSE sensex surged to its 13-month high on Friday on revival hopes backed by a series of healthy corporate results from across the... Source: Times Of India (01 Aug,2009)	WASHINGTON: The US economy showed signs of emerging from a long and brutal recession, according to data on Friday showing a.... Source: Times Of India(01 Aug,2009)

Ambani gas case: Apex court to fix date for final hearing	Sri Lanka beat Pakistan in first ODI
New Delhi, July 30 The Supreme Court on Thursday indicated that it would decide on September 1 the date of final hearing of the cross-appeals... Source: The Hindu(31 July,2009)	DAMBULLA: Seamers Thilan Thushara and Nuwan Kulasekera ripped through Pakistan's top order as Sri Lanka won the first.... Source: Times Of India(31 July,2009)
Rupee rises by 13 paise to $48.21 in early trade	Ford slows down Volvo bidding process: WSJ
MUMBAI: The Indian rupee strengthened by 13 paise in early trade on expectations of fund inflows and weakness in the US currency against... Source: Times Of India (31 July,2009)	Eyeing a better price, US auto maker Ford Motor Co is slowing down the bidding process for its Volvo car unit, the Wall Street Journal said... Source: Times Of India(31 July,2009)

Swan licence: DoT officers under lens	Saina down with chicken pox: Gopichand
New Delhi, July 29 The Department of Telecom has started an internal investigation on charges of corruption against some of its... Source: The Hindu(30 July,2009)	NEW DELHI: India's ace shuttler Saina Nehwal is down with Chicken Pox and with the World Badminton Championship round the corner... Source: Times Of India(30 July,2009)
Indian shares open lower on weak Asian cues	Oil extends losses on surprise rise in US crude stocks
MUMBAI: Indian equities opened lower on Thursday on weak cues from other Asian markets even as investors continued to look... Source: The Hindu (30 July,2009)	SINGAPORE: Oil prices extended their losses in Asian trade today amid renewed worries about energy demand in the United States... Source: Times Of India(30 July,2009)

Ministry should not try to fix gas price: Anil Ambani	Irfan was dropped for reasons other than performance: Yusuf
Mumbai, July 28 The Petroleum Ministry can approve valuation of gas from the Reliance Industries-controlled Krishna-Godavari Basin gas field... Source: The Hindu(29 July,2009)	AHMEDABAD: Vadodara all-rounder Irfan Pathan's omission from the 30-member probables list for the Champions Trophy has come as a surprise to... Source: Times Of India(29 July,2009)
BSE Sensex falls in early deals	Oil falls below $67 on econ woes; US crude stocks up
The BSE Sensex fell in early trade on Wednesday, as choppy Asian markets and recent weak results from Reliance Industries and... Source: The Hindu (29 July,2009)	SINGAPORE: Oil slid below $67 a barrel on Wednesday, extending losses from the more than $1 retreat the day before.... Source: Times Of India(29 July,2009)

Tata Motors Q1 net rises 58%	India will struggle without Zaheer: Akram
Mumbai, July 27 Despite a drop in sales and revenue, Tata Motors has reported a 58 per cent jump in standalone net profit.... Source: The Hindu(28 July,2009)	NEW DELHI: Wasim Akram's comments are as pithy as his deliveries were incisive. He says he discovered, with ball in hand, how to maximize his... Source: Times Of India(28 July,2009)
No change in key policy rates: RBI	Asia stocks narrowly mixed as earnings eyed
MUMBAI: RBI on Tuesday left its short-term rates and banks' cash reserve requirement unchanged as expected and stressed that nurturing growth... Source: The Hindu (28 July,2009)	HONG KONG: Asian stock markets fluctuated Tuesday, pausing from a powerful two-week rally fueled by optimism about company earnings. Source: Times Of India(28 July,2009)

India Inc shies away from capex in 2008-09	Sania in final of Lexington Challenger
India Inc appears to be going slow in its investments in new capacity in 2008-09, after aggressively building assets in the previous years. Source: The Hindu(27 July,2009)	LEXINGTON: Sania Mirza moved into the final of the International Tennis Federation (ITF) Lexington.... Source: Times Of India(27 July,2009)
Rupee up 11 paise to 48.11 a dollar	'We failed to forsee recession': UK economists admit to Queen
MUMBAI: The Indian rupee appreciated by 11 paise against the dollar in early trade on Monday on expectations of capital inflows... Source: The Hindu (27 July,2009)	LONDON: A group of top British economists have written to Queen Elizabeth, acknowledging their failure to forsee the timing... Source: Times Of India(27 July,2009)

ISI spreading terrorism in India, says US	US’ tough stance on immigration a ‘huge mistake’
WASHINGTON: A top US military strategist has affirmed ahead of a meeting with the visiting Indian Army Chief that Pakistan has been... Source: Times Of india(25 July,2009)	New Delhi, July 24 “How about making an exception for smart people,” asked Mr Bill Gates while addressing Nasscom CEO Forum in the... Source: The Hindu(25 July,2009)
Sourav Ganguly to lead KKR in IPL 3	ITC mulls pulling out food unit from Bengal
NEW DELHI: Former Indian captain Sourav Ganguly will lead Kolkata Knight Riders in Indian Premier League season 3. Source: The Hindu (25 July,2009)	KOLKATA: First, it was the Tatas. Then, DLF. Will it next be ITC — one of the most ardent champions of Brand Bengal... Source: Times Of India(25 July,2009)

Strong numbers make it a jubilant day for India Inc	I feel like a debutant again: Mohammad Asif
Chennai, July 23 Oil and Natural Gas Corporation Ltd, the upstream oil company, and Ambuja Cements Ltd, a Holcim group company, saw their net... Source: The Hindu(24 July,2009)	MUMBAI: Talented Pakistan bowler Mohammad Asif finally made news for the right reasons when he featured in the probables... Source: Times Of India(24 July,2009)
Results lift market spirits	Canada's central banks says recession over
Chennai, July 23 While the market began on a strong note on Thursday thanks to strong Asian markets, better-than-expected results from a host... Source: The Hindu (24 July,2009)	OTTAWA: Canada's central bank is declaring the recession essentially over, saying the Canadian economy will begin... Source: Times Of India(24 July,2009)

Wipro Q1 net profit beats Street estimates	One summer in the life of Sachin Tendulkar
Bangalore, July 22 Wipro Ltd joined its larger rivals TCS and Infosys to beat street estimates and reported... Source: The Hindu(23 July,2009)	It is not often that Sachin Tendulkar gets a break from cricket. The few times he does, he somehow finds himself in London. Source: Times Of India(23 July,2009)
Bharti Airtel Q1 net up 22% at Rs 2,648 crore	We have been able to pull economy back from brink: Obama
NEW DELHI: Sunil Mittal-led Bharti Airtel on Thursday reported 22.21% rise in net profit at Rs 2,647.95 crore for the... Source: Times Of India (23 July,2009)	WASHINGTON: US President Barack Obama said he has managed to pull the American economy back from brink; which has been.... Source: Times Of India(23 July,2009)

Govt raises 2008-09 foodgrain output estimates by 4 mt	Arjuna bigger than No.1 Test ranking: Gambhir
New Delhi, July 21 The Centre has revised upwards its foodgrain production estimates for 2008-09 by over four million tonnes. Source: The Hindu(22 July,2009)	NEW DELHI: Last year, opener Gautam Gambhir was the best thing to have happened to Indian cricket. Source: Times Of India(22 July,2009)
Tata Power to raise $335m from global investors	Coca-Cola 2nd-quarter profit rises 43%
MUMBAI: Leading private power major Tata Power on Wednesday announced plans to raise $335 million through the global depository... Source: Times Of India (22 July,2009)	MILWAUKEE: Coca-Cola, the world's largest beverage maker, on Tuesday posted a 43% increase in second-quarter profit.... Source: Times Of India(22 July,2009)

Ennore Port may offer stake to FIs	Ashes: England beat Australia at Lord's
New Delhi/Chennai, July 20 Ennore Port Ltd (EPL), the only corporatised port under the Centre’s jurisdiction, is likely to raise.... Source: The Hindu(21 July,2009)	LONDON: Andrew Flintoff took five wickets as England finally ended their 75-year wait for an Ashes victory at Lord's with a 115-run win over... Source: Times Of India(21 July,2009)
Rupee falls 15 paise against dollar in early trade	CIT Group board OKs rescue loan: Sources
MUMBAI: The Indian rupee on Tuesday depreciated by 15 paise to 48.35 against the dollar in early trade due to importers.... Source: Times Of India (21 July,2009)	WASHINGTON: The board of CIT Group Inc., one of the largest U.S. lenders to small and midsize businesses, approved a.... Source: Times Of India(21 July,2009)

India says no to legally binding emission reduction targets	Soderling defeats Monaco to win Swedish Open
New Delhi, Jul 19 The Environment Minister, Mr Jairam Ramesh, on Sunday, made it clear that although India will not accept legally... Source: The Hindu(20 July,2009)	BASTAD: Robin Soderling beat Juan Monaco 6-3, 7-6 (4) to win the Swedish Open on Sunday for his fourth ATP Tour title and first on clay. Source: Times Of India(20 July,2009)
Rupee up 22 paise to 48.50 a dollar	Accept revised JLR loan backing plan: UK to Tata
MUMBAI: The Indian rupee strengthened by 22 paise at 48.50 in opening trade on Monday on expectations of increased foreign... Source: Times Of India (20 July,2009)	LONDON: Negotiations between the UK government and the Tata group over millions of pounds in a European Investment Bank loan... Source: Times Of India(20 July,2009)

TCS beats expectations, but sees ‘some shocks in the way’	Channel shows Kambli making remarks against Tendulkar
Mumbai, July 17 Tata Consultancy Services beat market expectations with a 19-per cent rise in the net profit for the first quarter ended... Source: The Hindu(18 July,2009)	NEW DELHI: After vehemently denying that he had accused his childhood friend Sachin Tendulkar of not helping him enough... Source: Times Of India(18 July,2009)
Maytas Infra eyes strategic partner	Air France rejects report on low cash
HYDERABAD: Plagued with heavy losses and cancellation of orders, Teja Raju-promoted Maytas Infra is seeking induction... Source: Times Of India (18 July,2009)	PARIS: Air France-KLM on Friday rejected a report that predicted it would run low on cash next year and face bigger.... Source: Times Of India(18 July,2009)

Crop prospects hazy as rainfall is much below normal still	Milestone man Koertzen lauds Sachin, Lara
Chennai, July 16 Monsoon continues to be in the deficit, but the shortfall has been trimmed to 27 per cent for the week-ended July 15... Source: The Hindu(17 July,2009)	LONDON: Rudi Koertzen, who on Thursday became only the second umpire to officiate in 100 Tests, said Sachin Tendulkar and Brian Lara are the... Source: Times Of India(17 July,2009)
L&T net soars on UltraTech stake sale	Oil prices ease in Asian trade
Mumbai, July 16 Engineering and construction major Larsen and Toubro has reported a 22-per cent drop in its order inflow for the... Source: The Hindu (17 July,2009)	SINGAPORE: Oil prices slipped in Asian trade today as investors took profits from a surge sparked by hopes of an early rebound in the.... Source: Times Of India(17 July,2009)

Rains, disinvestment news push Sensex up 400 points	Gambhir replaces Yousuf to become No. 1 Test batsman
Mumbai, July 15 Even as dark clouds and heavy showers blotted out the sun over Mumbai for the second day in a row on Wednesday... Source: The Hindu(16 July,2009)	DUBAI : Gautam Gambhir became the number one batsman, replacing Pakistani run-machine Mohammad Yousuf in the latest.... Source: Times Of India(16 July,2009)
Oil prices rise in Asian trade	Monsoon to remain active
SINGAPORE: Oil prices were up in Asian trade today after a massive rally in US stocks stoked hopes of an early rebound for the global... Source: Times Of India (16 July,2009)	Thiruvananthapuram, July 15 The monsoon has catapulted itself to a new peak, raining it heavily over east and central India and the west... Source: The Hindu(16 July,2009)

Disinvestment firmly back on Centre’s agenda	Sania returns to practice in fiancee Sohrab's company
New Delhi, July 14 Disinvestment in central public sector undertakings (PSUs) is now firmly on the UPA Government’s agenda. Source: The Hindu(15 July,2009)	HYDERABAD: Barely a few days after her engagement, tennis ace Sania Mirza has returned to the courts, but this time in the... Source: Times Of India(15 July,2009)
Sensex rises 131 pts in opening trade	China's foreign reserves rise to $2.13 trillion
MUMBAI: The Bombay Stock Exchange benchmark Sensex rose over 131 points in opening trade on Wednesday, rising for the second straight session on... Source: Times Of India (15 July,2009)	BEIJING: China's foreign reserves have risen to $2.13 trillion after growth picked up in June despite a slump in trade.... Source: Times Of India(15 July,2009)

India Inc borrows to build	Bangladesh beat Windies to seal rare Test win
Mumbai, July 13 India Inc appears to be shrugging off its aversion to borrowing to set up greenfield.... Source: The Hindu(14 July,2009)	KINGSTOWN: Bangladesh claimed just their second ever Test victory with a 95-run win over a makeshift West Indies side in the first Test on Bangladesh... Source: Times Of India(14 July,2009)
Sensex up 297 points in early trade	Passenger vehicles defy export slowdown
MUMBAI: The Bombay Stock Exchange benchmark Sensex recovered over 297 points in opening trade on Tuesday, reversing... Source: Times Of India (14 July,2009)	BL Research Bureau The automobile sector appears to be defying the trend of shrinking merchandise exports from India in recent months. Source: The Hindu(14 July,2009)

Infosys beats street predictions, posts 17% rise in Q1 net	Australia holds advantage against England
Bangalore, July 10 Sensex bellwether Infosys Technologies beat street estimates to post a modest profit growth for the June quarter over.... Source: The Hindu(11 July,2009)	CARDIFF: Australia held the advantage in the first Ashes Test against England at the close of day three on Friday despite Michael... Source: Times Of India(11 July,2009)
Patel defends airport user fee	No replacement of Nandan: Infy
NEW DELHI: Government defended the unpopular levying of user charges at airports, with civil aviation minister Praful Patel saying these... Source: Times Of India (11 July,2009)	Infosys said it will not appoint a co-chairman to replace Nandan Nilekani, who had left to head the central government's project to.... Source: Times Of India(11 July,2009)

International advisory board to help AI chart a new course	Tendulkar not fit for T20: Buchanan
New Delhi, July 9 In addition to Mr Ratan Tata, the retiring CEO of Lufthansa and the ex-Chairman of Singapore Airlines (SIA) may be... Source: The Hindu(10 July,2009)	NEW DELHI: Former Australian coach John Buchanan has taken pot shots at some of India's great cricketers, including Sachin Tendulkar and Sunil ... Source: Times Of India(10 July,2009)
China arrests four employees of Rio Tinto	Oil prices creep up after sliding below $60
BEIJING: Chinese authorities have arrested four employees at the Shanghai office of Australian mining giant, Rio Tinto on charges of spying and... Source: Times Of India (10 July,2009)	NEW YORK: Oil prices eked out small gains today after falling below USD 60 in New York for the first time since late May as the market pondered ... Source: Times Of India(10 July,2009)

Govt to widen tax net for property transactions	Buchanan takes swipes at Indian stars
New Delhi, July 8 Tax planning around gifting of immovable and movable properties will soon turn out to be a difficult task for taxpayers.... Source: The Hindu(09 July,2009)	NEW DELHI: That John Buchanan, the former coach of the Australian national team and the Knight Riders IPL squad, had a troubled.... Source: Times Of India(09 July,2009)
MTNL eyes tieup with an MNC for 3G services	World recession easing, recovery fragile, IMF says
NEW DELHI: MTNL is finally breaking out of its slumber by teaming up with a telecom MNC to take on powerful brands like Airtel, Vodafone... Source: Times Of India (09 July,2009)	WASHINGTON: The global economy is slowly starting to pull out of its deepest recession since World War Two but a recovery will be sluggish... Source: Times Of India(09 July,2009)

Budget decision could drill hole in oil co finances	Dalmiya camp ready for Ganguly's challenge
Kolkata, July 7 The Budget decision to retrospectively treat all blocks licensed under a single contract as one undertaking may dog the Indian oil ... Source: The Hindu(08 July,2009)	NEW DELHI: Former India captain Sourav Ganguly on Wednesday indicated his willingness to begin a new innings as a cricket administrator... Source: Times Of India(08 July,2009)
Divestment still on cards: Govt	Oil falls below $63 on economy, weak gasoline
NEW DELHI: Finance minister Pranab Mukherjee on Tuesday clarified that contrary to the general impression, he had already laid out a roadmap for ... Source: Times Of India (08 July,2009)	LONDON: Oil dipped below $63 a barrel on Tuesday, pressured by investors' caution over prospects for economic recovery and by an expected increase ... Source: Times Of India(08 July,2009)

Divestment when time is right: Pranab	Market spooked
NEW DELHI: Finance minister Pranab Mukherjee cleared the air on PSU divestment in an exclusive interview to ET Now, saying that the "appropriate"... Source: The Hindu(07 July,2009)	Mumbai, July 6 Equities fell like a pack of cards on Budget day, even as many analysts said the intense disappointment in the marketplace was ... Source: Times Of India(07 July,2009)
Battered IT boots up for a holiday	Oil edges above $64 after 4%fall on economy
IT is facing tough times, with a decline in global outsourcing orders and growing protectionist cries in developed markets. Source: Times Of India (07 July,2009)	SINGAPORE: Oil edged up above $64 a barrel on Tuesday, after four consecutive days of falls on worries about the economy ... Source: Times Of India(07 July,2009)

Breathing time: FIIs take short break	India seal series as rain washes out 4th ODI
COIMBATORE: After pumping in more than $5 billion into Indian markets so far this year, FIIs have stopped to catch a breath. While the markets have.... Source: The Hindu(06 July,2009)	ST. LUCIA: India made amends for their Twenty20 World Cup debacle, winning the ODI series against West Indies 2-1 after torrential rains washed out .... Source: Times Of India(06 July,2009)
Subsidiaries reduce profits for 2 out of 5 companies	Hybrids help Toyota, Honda dominate Japan car sales
BL Research Bureau Subsidiary operations transformed Tata Motors’ standalone profits of Rs 1,000 crore into a loss of Rs 2,505 crore, on consolidation, in the just-concluded financial year. Source: The Hindu (06 July,2009)	TOKYO: Toyota Motor Corp's Prius hybrid was Japan's best-selling car in June while Honda Motor Co's rival Insight ranked fourth, helping the two... Source: Times Of India(06 July,2009)

Mamata leaves passenger fares, freight rates untouched	Dhoni helps India take 2-1 lead over Windies
New Delhi, July 3 Transparently honest. That’s what Ms Mamata Banerjee’s Rail Budget for 2009-10 would seem to be. Source: The Hindu(04 July,2009)	GROS ISLET: Mahendra Singh Dhoni played a captain's knock as India battled inclement weather to defeat the West Indies by six ... Source: Times Of India(04 July,2009)
RNRL moves SC against RIL on gas supply row	Tata's Nano in Nigeria by 2010
NEW DELHI: Anil Ambani group company RNRL on Friday filed a petition in the Supreme Court (SC) against Mukesh Ambani promoted RIL to get the... Source: Times Of India (04 July,2009)	ABUJA (NIGERIA): Tata Motors, India's largest auto maker, will introduce its small car Nano--considered the world's cheapest--in Nigeria within... Source: Times Of India(04 July,2009)

Economic Survey 2008-09: Price freeing could be a bitter pill for 'aam aadmi'	AI to give revamp plan in 30 days, SBI Caps to help
The Economic Survey has suggested decontrolling drug prices, and limiting control on only essential drugs manufactured by less than five producers. Source: Times Of India(03 July,2009)	NEW DELHI: Cash-strapped Air India, which is finding it hard to meet operational expenses, has 30 days to submit its restructuring plan to the government. Source: Times Of India(03 July,2009)
US stocks plunge on dismal job figures	India face daunting task against West Indies
NEW YORK: US stocks plunged Thursday after worse-than-expected monthly jobless figures suggested the country's worst recession since... Source: Times Of India (03 July,2009)	GROS ISLET (St Lucia): Jolted by the humiliating defeat in the last match, a jittery India go into the crucial third cricket One-dayer against the West Indies.... Source: Times Of India(03 July,2009)

Petrol price raised by Rs 4 & diesel Rs 2; cooking fuels spared	BCCI finalises Australia's tour of India
New Delhi, July 1 The Government today hiked the retail price of petrol by Rs 4 a litre and diesel by Rs 2 a litre. Source: The Hindu(02 July,2009)	NEW DELHI: The venues of the seven-match ODI series between India and Australia, which will be played between October 25... Source: Times Of India(02 July,2009)
Alstom in race for Areva’s T&D biz	Shiv Nadar elevates daughter as HCL CEO
Chennai, July 1 Alstom of France, a global leader in the power generation equipment and services business, is believed to be the front-runner for... Source: The Hindu (02 July,2009)	CHENNAI/NEW DELHI: Shiv Nadar of HCL has quietly completed his succession planning by elevating his daughter Roshni Nadar as the executive... Source: Times Of India(02 July,2009)

Private trusts may be allowed to invest in listed stocks	Indian team needs rest desperately: Bedi
New Delhi, June 30 Private trusts may soon be permitted to park their funds in listed shares and specified debt securities, official sources indicate. Source: The Hindu(01 July,2009)	NEW DELHI: India's batting woes seem to be following the team from the British Isles to the Caribbeans. Source: Times Of India(01 July,2009)
SBI offers two new home loan schemes	US stocks fall on consumer confidence data, oil
MUMBAI: SBI has launched two new home loan schemes, SBI Easy Home Loan and SBI Advantage Home Loan, with processing fee for both... Source: Times Of India (01 July,2009)	NEW YORK: US stocks fell on Tuesday after US consumer confidence data showed a surprise drop, raising doubts about the speed of an economic... Source: Times Of India(01 July,2009)

Corporate bond market may see flurry of activity post-Budget	Wockhardt to shed more non-core biz
Mumbai, June 29 The lull in the corporate bond market seen in the first quarter of this fiscal is expected to change after the Budget. Source: The Hindu(30 June,2009)	Mumbai, June 29 More non-core businesses will be sold in three to six months, the Wockhardt Chairman, Mr Habil Khorakiwala, told shareholders on Monday. Source: The Hindu(30 June,2009)
Govt likely to set up Cabinet committee on KG gas dispute	Oil jumps above $73 on dollar fall, Nigeria attack
The government may reconstitute its empowered group of ministers (EGoM) on gas allocation as it looks to play an active role to safeguard its... Source: Times Of India (30 June,2009)	SINGAPORE: Oil prices jumped above $73 a barrel on Tuesday in Asia as a weakening US dollar and attacks on oil installations in Nigeria helped push prices to eight-months highs. Source: Times Of India(30 June,2009)

SBI cuts car loan rates	West Indies trounce India to level series
Mumbai, June 27 To increase its credit offtake and market share, State Bank of India on Saturday reduced the interest rate on car loans to 8 per cent for the first year. Source: The Hindu(29 June,2009)	Mahendra Singh Dhoni's defiant 95 went in vain as India suffered a humiliating eight-wicket defeat at the hands of an inspired West Indies in the lopsided second One-Day... Source: NDTV(29 June,2009)
Tata Motors rolls out JLR at Rs 65L-1 crore	Oil extends losses on economic concerns
MUMBAI: Finally, the beast and the beauty kept their rendezvous with India. The niche, but growing, club of luxury car owners on Sunday got a.. Source: Times Of India (29 June,2009)	SINGAPORE: Oil slipped further in Asian trade today as investors continued to worry over the state of the US economy, the world's biggest energy... Source: Times Of India(29 June,2009)

No foul play in Jackson's death: Coroner	USFDA seizes Sun Pharma arm drugs
LOS ANGELES: There was no evidence of foul play in the death of pop superstar Michael Jackson, Los Angeles coroners said on Friday after Jackson's portrait at the US embassy in Moscow... Source: Times Of India(27 June,2009)	HYDERABAD: In a major shocker for the Rs 4,300-crore Sun Pharma, US Food and Drug Administration (USFDA) seized the entire stock of drugs manufactured by its US subsidiary Caraco Pharmaceutical... Source: Times Of India(27 June,2009)
India kick start Windies tour in style, win by 20 runs	Tata Motors loses Rs 2505cr in '08-09
Yuvraj Singh hit a rollicking 131-run knock as India pipped West Indies by 20 runs in the thrilling first cricket one-day international to take a 1-0 lead in the four-match series on Friday. Source: NDTV (27 June,2009)	MUMBAI: The global meltdown left the Jaguar limping and Land Rover lose control. Tata Motors, which acquired the two British assets — one-and-half times bigger than... Source: Times Of India(27 June,2009)

Govt may hike FDI ceiling in telecom	Ailing AI to let staff work for rival airlines
NEW DELHI: The government may consider a proposal to raise the 74% foreign direct investment cap in the telecom sector. Source: Times Of India(26 June,2009)	NEW DELHI: In a last-ditch effort to trim flab painlessly, crisis-ridden Air India has allowed its employees to go on leave... Source: Times Of India(26 June,2009)
Tata Steel consolidated net down 61% on demand dip	Japan firms set to win $10bn Iraq oil deal: Report
Mumbai, June 25 Tata Steel has reported a 61 per cent drop in its consolidated net profit at Rs 4,849 crore for the year ended March 31, 2009, against Rs 12,322 crore registered in the same period... Source: The Hindu (26 June,2009)	TOKYO: A group of Japanese companies led by refiner Nippon Oil Corp is in the final stage of talks to win a $10 billion development contract for.... Source: Times Of India(26 June,2009)

SBI cuts lending rate by 50 bps	Kurien’s Kiwi dream gets real
Mumbai, June 24 State Bank of India on Wednesday said it will cut its benchmark prime lending rate by 50 basis points to 11.75 per cent with effect from June 29. Source: The Hindu(25 June,2009)	ANAND: When India gained Independence, it largely relied on New Zealand to meet its milk requirement in cities like Mumbai. Source: Times Of India(25 June,2009)
India seek redemption in West Indies series	Expats in Asia best paid, US, UK-based suffer: Poll
KINGSTON: India start their campaign on Friday to put the bad memory of their failure in the World Twenty20 behind them, when they face West... Source: Times Of India (25 June,2009)	SINGAPORE: Want the good life despite the dire economy? Head east, according to a survey showing some of the world's highest-paid expatriates... Source: Times Of India(25 June,2009)

Bharati Shipyard, ABG battle for Great Offshore	Duty-free import regime ushered for 2,202 items from Singapore
Mumbai, June 23 Bharati Shipyard’s bid to wrest control of Great Offshore Ltd took a new turn on Tuesday with ABG Shipyard, a rival company, making a counter... Source: The Hindu(24 June,2009)	New Delhi, June 23 India has knocked off import duties on 2,202 items as part of its tariff elimination commitments under the Comprehensive Economic Cooperation Agreement (CECA) with Singapore. Source: The Hindu(24 June,2009)
Comforting to see India, China doing well: Dimon	Oil prices ease in Asian trade
At a time when many banking giants have crashed to earth, JPMorgan’s chairman and CEO Jamie Dimon has emerged as an even bigger rock... Source: Times Of India (24 June,2009)	SINGAPORE: Oil traded lower in Asia on Wednesday after a strong rebound overnight, but prices remain under pressure from a weak dollar and the... Source: Times Of India(24 June,2009)

Hyderabad youth latest victim of assault in Australia	No Indian in ICC World Twenty20 team
MELBOURNE:: Racial attacks on Indian students in Australia continued unabated with a 20-year-old youth from Hyderabad becoming the latest victim of a spate of assaults on the... Source: Times Of India(23 June,2009)	NEW DELHI: Indian cricketers have failed to find a place in the World Twenty20 squad released by ICC in London on Monday. The squad consists of ICC squad four Pakistan.... Source: Times Of India(23 June,2009)
Union Bank cuts lending rate by 25 bps; others may follow suit	Air India set to cut wages, stir looms
Mumbai, June 22 The Finance Minister’s fiat to public sector banks, to lower lending rates, seems to be having the desired effect as banks have started cutting their benchmark prime lending rates. Source: The Hindu (23 June,2009)	NEW DELHI : The fate of passengers scheduled to fly Air India July 1 onwards seems as uncertain as that of the airline itself. On Monday, the... Source: Times Of India(23 June,2009)

Satyam becomes Mahindra Satyam now	T20 World Cup: Chak De! Pakistan
HYDERABAD: Satyam is no longer Satyam, but has become Mahindra Satyam as per the demands of the business. Source: Times Of India(22 June,2009)	The history of sports is filled with romantic stories of improbable triumphs. Pakistan’s T20 World Cup victory against Sri Lanka on Sunday is the stuff of folklore. Source: Times Of India(22 June,2009)
3G spectrum base price may be set at Rs 4040cr	Claim your LIC benefit at any branch by 2011
BL Research Bureau Real estate developers may have just got out of a severe liquidity crunch; but data from the Reserve Bank of India suggest that bank credit to the realty sector has actually expanded. Source: The Hindu (22 June,2009)	NEW DELHI: The country’s largest insurer Life Insurance Corporation , has decided to operationalise a system within two years that will allow... Source: Times Of India(22 June,2009)

AI asks top brass to forego July salary	State Bank of Indore to be merged with SBI
MUMBAI: After announcing that all employees will receive their wages 15 days late next month, Air India on Friday asked its top managers to set... Source: Times Of India(20 June,2009)	New Delhi, June 19 Less than a fortnight after the Finance Minister, Mr Pranab Mukherjee, endorsed the consolidation process among State-owned commercial banks, State Bank of India (SBI) has set the ball rolling. Source: The Hindu(20 June,2009)
3G spectrum base price may be set at Rs 4040cr	Dilshan, Mathews power Lanka to T20 World Cup final
NEW DELHI: The government on Friday appeared to have agreed on a floor price of Rs 4,040 crore for the auction of 3G spectrum, double of what was... Source: Times Of India(20 June,2009)	LONDON: The Sri Lankan juggernaut crushed West Indies by 57 runs in Friday's lop-sided semifinal to set up a summit clash with Pakistan in the Sri Lanka... Source: Times Of India(20 June,2009)

Inflation turns negative for first time in 30 years	SEBI brings in anchor investors for public issues
NEW DELHI: The rate of inflation, as measured by the wholesale price index, has turned negative for the first time in over three decades. Source: Times Of India(19 June,2009)	Mumbai, June 18 In what could create a significant impact on pricing of initial public offers this year, the board of Securities and Exchange Board of India on Thursday approved the concept of “anchor investor” in public issues. Source: The Hindu(19 June,2009)
India Inc buys 143 US cos in 2 yrs	Asian stocks snap 4-day loss streak
NEW DELHI: The greater engagement of US with India seems to have benefited the former during the economic downturn as thousands of Americans managed to save their jobs when Indian corporates... Source: Times Of India(19 June,2009)	HONG KONG: Asian stocks were mostly higher on Friday as a string of upbeat US economic reports reinforced hopes of a recovery in the world's largest economy and helped arrest the region's four-day slide. Source: Times Of India(19 June,2009)

AI plans to hike fuel surcharge	Financial sector bucks slowdown, pays more tax
MUMBAI: The surcharge hike by Jet and Kigfisher has only increased the difference between the total and basic fare. Source: Times Of India(18 June,2009)	New Delhi, June 17 State Bank of India (SBI) has dislodged ONGC to become the leading advance taxpayer in the country. Source: The Hindu(18 June,2009)
GAIL to take IOC as partner in Nigeria	Oil prices higher in Asian trade
NEW DELHI: State-run gas utility GAIL will partner flagship refiner-marketer IndianOil Corporation in bidding for development of Nigeria's... Source: Times Of India(18 June,2009)	SINGAPORE: Oil prices were higher in Asian trade today, with New York crude holding above $71 a barrel following a sharp fall in US crude reserves.... Source: Times Of India(18 June,2009)

Tata plans hybrid cars on Nano platform	Federal Bank, Catholic Syrian merger likely in a month
MUMBAI: Tata Motors has plans to use its Nano platform to build electric and hybrid cars and to produce more high-end models. Source: Times Of India(17 June,2009)	Chennai, June 16 The merger of Catholic Syrian Bank with Federal Bank is expected to be through in a month. According to reliable sources close.... Source: The Hindu(17 June,2009)
Tougher disclosure norms in offing	3G spectrum: Ministries divided still
NEW DELHI: Taking a cautious approach in view of the recent surge in stock markets, the government has decided to increase the vigil over... Source: Times Of India(17 June,2009)	New Delhi, June 16 The deadlock between the Ministry of Communication and the Ministry of Finance over spectrum pricing for third generation (3G) services continued despite two rounds.... Source: The Hindu(17 June,2009)

Unitech raised $209 mn from asset sales: MD	Court directs Reliance to sell gas to RNRL at $2.34
NEW DELHI: Unitech Ltd, India's second-largest listed property firm, has raised more than Rs 10 billion from asset sales this year and is not under pressure to raise further... Source: Times Of India(16 June,2009)	Mumbai, June 15 The Bombay High Court has asked Reliance Industries to supply 28 mmscmd (million metric standard cubic metres per day) of gas from its Krishna-Godavari basin to Reliance Natural Resources Ltd for $2.34 per mmbtu (million metric British thermal unit). Source: The Hindu(16 June,2009)
Sensex rebound on revival of buying, gains 48 pts	Aviation to account for $3.6 trillion of world GDP by 2026
MUMBAI: Wiping off early losses, the Bombay Stock Exchange benchmark Sensex gained over 48 points at noon today on revival of buying in blue-chip stocks at existing attractive levels. Source: Times Of India(16 June,2009)	KUALA LUMPUR : Some 50 million jobs and $3.6 trillion of the world's gross domestic product (GDP) will depend on aviation by 2026, an Oxford Economics report said. Source: Times Of India(16 June,2009)

IT firms look at Japan for outsourcing deals	Air India to delay salary payment
BANGALORE: Indian IT companies depend overwhelmingly on the US and European markets. Between 80% and 90% of revenues is typically accounted for by just these two regions. Source: Times Of India(15 June,2009)	New Delhi, June 14 The financial woes affecting the airline industry have now reached the employees of the State-owned Air India. The carrier is to delay payment of salaries and productivity linked incentives (PLI) for June to all its 31,500 employees by about two weeks. Source: The Hindu(15 June,2009)
Maruti takes lessons from young focus of Congress	Sensex tanks 201 points on weak Asian cues
NEW DELHI: As it fights a slowdown in demand, Maruti Suzuki, the country's biggest carmaker and Japanese major Suzuki's biggest overseas subsidiary, is looking at taking lessons from an unexpected... Source: Times Of India(15 June,2009)	MUMBAI: The Bombay Stock Exchange benchmark Sensex fell over 200 points in early trade on Monday, extending its losing streak for the third session, on increased capital... Source: Times Of India(15 June,2009)

Rel Infra plans to raise $1bn	Taj group buys Sea Rock for Rs 680cr
NEW DELHI: Anil Ambani group firm Reliance Infratel is looking to raise about Rs 5,000 crore through sale of shares, for which it is in talks with a number of private equity firms. Source: Times Of India(13 June,2009)	MUMBAI: For years, two marquees of the Mumbai hospitality scene Sea Rock Hotel and Taj Lands End have stood facing each other in a cozy, sea-facing corner of the city's Bandra suburb. Source: Times Of India(13 June,2009)
Employees of SBI associates say no to consolidation	US company alleges Chinese software bears stolen coden
New Delhi, June 12 About 50,000 employees and officers of the six associate banks of the State Bank of India are to go on a “protest strike” on July 3. Source: The Hindu(13 June,2009)	SAN FRANCISCO: A California company claims that the Internet-filtering software China has mandated for all new personal computers sold there contains stolen programming code. Source: Times Of India(13 June,2009)

Satyam exec may sell shares in open offer	India may take drug seizure issue to WTO
HYDERABAD/MUMBAI: One of the top executives in Satyam, who qualifies as an insider, may sell his shares in the tech firm in the open offer that kicks off on Friday. Source: Times Of India(12 June,2009)	NEW DELHI: India is considering taking the issue of seizures of drug consignments by European customs to the dispute settlement body (DSB) of the World Trade Organisation. Source: Times Of India(12 June,2009)
Delisting: Shareholders get one year to tender shares	Symonds loses Australia contract for next season
Mumbai, June 11 Shareholders of a de-listed company will be allowed at least one year after the date of delisting to tender their shares to the promoters of the company, according to the delisting regulations that were notified this week. Source: The Hindu(12 June,2009)	SYDNEY: The prospects of Andrew Symonds rekindling his international career were dealt another blow on Friday when he was officially stripped of his playing contract for next season. Source: Times Of India(12 June,2009)

Pranab sees merit in bank consolidation for stability	Tata Tea full-year net at Rs 701 cr
New Delhi, June 10 The Finance Minister, Mr Pranab Mukherjee, has put his weight behind consolidation of banks, stating that this may be necessary to improve the state of competitiveness of Indian banks globally and also to reduce the risk to financial stability. Source: The Hindu(11 June,2009)	Mumbai, June 10 Tata Tea has posted a consolidated a net profit of Rs 701 crore for the year ended March 2009 against Rs 1,543 crore for the previous year. Source: IThe Hindu(11 June,2009)
Sensex slips 90 pts in early volatile trade	Redmond on standby for injured Ryder
MUMBAI: The Bombay Stock Exchange benchmark Sensex on Thursday opened over 90 points down, after remaining in the positive zone for two straight sessions... Source: Times Of India(11 June,2009)	LONDON: New Zealand announced Wednesday they'd called up Otago batsman Aaron Redmond as potential cover for the injured Jesse Ryder in case the New Zealand opener is ruled... Source: Times Of India(11 June,2009)

Satyam posts Rs 52 cr net in Feb; operating margins better	SBI sees surge in New Pension Scheme collections
Hyderabad, June 9 Satyam Computer Services Ltd earned a net profit of Rs 52 crore in February on a strong operating profit margin of 17.46 per cent. The company had earned Rs 637 crore total income during the month. Source: The Hindu(10 June,2009)	Mumbai, June 9 SBI Pension Fund appears to have raced ahead of its competitors, collecting over Rs 25 lakh under the new pension scheme. Source: IThe Hindu(10 June,2009)
Oil prices firm above USD 70 per barrel	Obama administration to issue new Wall Street pay curbs'
Singapore: Oil firmed above 70 dollars a barrel to new seven-month highs in Asian trade on Wednesday on weakness in the US dollar and hopes of a recovery in the global economy, analysts said. Source: Indian Express(10 June,2009)	WASHINGTON: The Obama administration is ready to issue broad new guidelines that would rein in pay at financial institutions. Source: Times Of India(10 June,2009)

Sensex plummets 438 points	Rupee slips to 47.67 against dollar
MUMBAI: After almost two months of unhindered northward push, the market witnessed its first major correction on Monday on the back of weak global cues and profit booking by domestic investors. Source: Times Of India(09 June,2009)	Mumbai: The rupee stayed close to 2-week lows on Tuesday as losses in other regional sharemarkets raised worries foreigners could withdraw funds from local stocks. Source: Indian Express(09 June,2009)
Lanxess India to acquire assets of Gwalior Chem for Rs 536 cr	'Hike petrol cess by Re 1 for road development'
Mumbai, June 8 Specialty chemicals company Lanxess India Pvt Ltd is set to acquire the chemical businesses and some assets of Gwalior Chemical Industries Ltd for Rs 536 crore (€82.4 million), a cost that includes debt of Rs 156 crore (€24 million). Source: The Hindu(09 June,2009)	NEW DELHI: Ambitious it might sound, road transport and highways minister Kamal Nath has set a target of constructing 20 km of national highways per day to accelerate the highway development programme after over two years of snail paced progress. Source: Times Of India(09 June,2009)

Auto parts exporters feel heat	Industry on road to recovery; growth nearing last year’s high
NEW DELHI: Contraction in automobile sales across Europe and the US has put brakes on the growth of exports of auto components from India that have ended near flat in fiscal 2008-09 after witnessing an over 20% CAGR since 2003. Source: Times Of India(08 June,2009)	Aarati Krishnan Green shoots of recovery have started to sprout on the landscape of India’s industrial output. It is now comfortably above the October 2008 low; though still marginally below the peak recorded in March 2008. Source: The Hindu(08 June,2009)
Air India won’t get Rs 15,000-cr bailout	Steel cos considering price hike on global cues
Mumbai: The government has indicated that a bailout package for the crisis-ridden Air India will not be possible beyond $1-1.5 billion (Rs 5,000-5,500 crore) against... Source: Indian Express(08 June,2009)	NEW DELHI: Domestic steel giants like JSW Steel and Jindal Steel and Power (JSPL) are considering increasing prices of their products following the firming global cues and the improvement in domestic demand. Steel behemoth Tata Steel and state-run... Source: Times Of India(08 June,2009)

Manufacturing expands, exports a worry	Key ministries readying for big reforms push
Mumbai/New Delhi: India's manufacturing activity expanded for a second straight month in May to its highest level in eight months, reflecting a revival in domestic demand.... Source: Indian Express(02 June,2009)	New Delhi, June 1 With the Left off its back, the Government is busy refurbishing its reformist credentials. Minister after minister, upon assuming office... Source: The Hindu(02 June,2009)
Sensex rises to 9-month high	Bankruptcy won't hurt Olympic sponsorship: General Motors
Mumbai, June 1 The Sensex and the Nifty recorded nine-month closing highs on Monday, their fourth consecutive day of gains. The Sensex closed at 14,840... Source: The Hindu(02 June,2009)	VANCOUVER(British Columbia): Auto maker General Motors said filing for bankruptcy protection will have "no impact" on its sponsorship of the 2010 Winter Olympics. Source: Times Of India(02 June,2009)

Indian biz insulated, says GM India	‘Govt won’t turn blind eye to Satyam layoffs’
NEW DELHI: As General Motors is all set to file for Chapter 11 bankruptcy protection on Monday, its car owners and prospective buyers in India appear to be a worried lot. Source: Times Of India(01 June,2009)	NEW DELHI: Corporate affairs minister Salman Khursheed on Sunday said the government would not be a mute spectator to the layoff plans in scam-hit Satyam. Source: Times Of India(01 June,2009)
RBI move may hit cos’ fund raising	GM bondholders clear bankruptcy plan: Report
MUMBAI: The Reserve Bank of India in a circular last week asked banks not to guarantee bond issues on behalf of corporate entities. Source: Times Of India(01 June,2009)	NEW YORK: Bondholders of General Motors have agreed to exchange their debt for an ownership stake as high as 25% in the struggling US automaker, a media report says. Source: Times Of India(01 June,2009)

My motto is phone calls at 10-20 paise a minute: Raja	Per capita income hits Rs 3,000/month for first time
New Delhi, May 29 The Communications and IT Minister, Mr Andimuthu Raja, expects telephone tariffs to come down to as low as 10 paise a minute for local calls and to 25 paise a minute for domestic long distance calls as a result of the decisions taken by him in the previous tenure. Source: The Hindu(30 May,2009)	NEW DELHI: The per capita monthly income of an average Indian has, for the first time, crossed the Rs 3,000 mark on current price levels. Besides this upbeat piece of news.... Source: Times Of India(30 May,2009)
Q4 GDP growth brings cheer	India Inc bets on 9% growth
New Delhi, May 29 The Indian economy logged a better-than-expected 6.7 per cent growth in 2008-09 despite the global financial meltdown adversely impacting its output in the second-half of the fiscal year under review. Source: The Hindu(30 May,2009)	NEW DELHI: An upbeat industry, riding on impressive growth achieved in the January-March 2009 period, feels the economy can grow at much faster pace and possibly as high as 9% depending on the success.... Source: Times Of India(30 May,2009)

Tata Motors 'world trucks' to take on Volvo	L&T net profit up 3% at Rs 998 cr in March quarter
NEW DELHI: Looking to cash in on the rising acceptance of higher-quality but expensive trucks in India, Tata Motors introduced a whole new range of `world trucks' developed in collaboration with its South Korean subsidiary.... Source: Times Of India(29 May,2009)	Mumbai, May 28 Larsen & Toubro has reported a net profit of Rs 998.52 crore for the quarter ended March 31, 2009 which marks a three per cent increase from Rs 966.76 crore posted in the same period last year. Net sales at Rs 10,468.98 crore were up 24 per cent from Rs 8,466.87 crore. Source: The Hindu(29 May,2009)
Carbon mkt doubled to $126bn in 2008: World Bank	Anand Sharma gets Commerce, Industry; Steel for Virbhadra
MUMBAI: The turmoil in the financial world notwithstanding, 2008 saw a doubling of the global carbon market to an estimated over $126 billion, according to the latest World Bank report `State and Trends of the Carbon Market Report'. Source: Times Of India(29 May,2009)	New Delhi, May 28 Twelve days after sweeping the polls, the UPA Government has its 79 Council of Ministers in place. While six key portfolios were announced on May 23, the rest were allocated late Thursday evening. Source: The Hindu(29 May,2009)

Sensex up 520 on rate cut hope	Govt to push ahead with long-pending reforms
MUMBAI: The stock market rallied on Wednesday on expectations that the government will push banks for a lower interest rate regime and also spend more in the infrastructure sector. Source: Times Of India(28 May,2009)	New Delhi, May 27 The Finance Minister, Mr Pranab Mukherjee, said on Wednesday that the next round of economic reforms will provide the next stimulus to economic growth. The stock markets seemed pleased by the announcement. The benchmark Sensex responded by ending the day with a gain of about 520 points. Source: The Hindu(28 May,2009)
Jet plans 10% reduction in domestic flights	No stake sale in Indian, Chinese banks: Citi
NEW DELHI: Naresh Goyal-owned Jet Airways is all set to reduce domestic capacity by 10% within a month. This will be over and above 20% capacity pruning the airline has done during November-May, to tackle slowdown in traffic and mounting... Source: Times Of India(28 May,2009)	LONDON: Troubled financial services firm Citigroup has ruled out selling its stakes in Indian and Chinese banks, says a media report. Source: Times Of India(28 May,2009)

Telecom M&As set to touch $50 billion	New issues may wait for Budget cues
NEW DELHI: If Bharti Airtel's proposed $23 to $29 billion merger with South African operator MTN goes through, India's telecom M&A market will come of age either crossing or getting close to the $50 billion.... Source: Times Of India(27 May,2009)	Mumbai, May 26 The success of the recent Qualified Institutional Placements by some Indian companies has brightened hopes for the revival of the domestic IPO (initial public offering) market, said merchant bankers. Source: The Hindu(27 May,2009)
Chandra to succeed Ramadorai at TCS in Oct '09	FMC suspends trading in sugar futures
MUMBAI: N Chandrasekaran, COO and executive director, Tata Consultancy Services (TCS), has been appointed CEO designate, while CEO and MD S Ramadorai has been given a two-month extension up to October 5, 2009. Source: Times Of India(27 May,2009)	Mumbai, May 26 The Forward Markets Commission (FMC) on Tuesday suspended futures trading in sugar even as the trade was betting on further liberalisation after the Government recently lifted the two-year ban on wheat futures. Source: The Hindu(27 May,2009)