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View Article  Govt to buy out RBI stake in SBI

The government will buy out RBI’s 59.7% stake in the country’s largest bank, State Bank of India (SBI), in a cashless transaction with the Union Cabinet approving the transfer of equity on Thursday.

Click the following link http://ww4.6URL.com/14BH to read the complete article.

View Article  Cabinet okays SBI stake transfer

Union Cabinet on Thursday approved the transfer of ownership of State Bank of India (SBI), National Bank of Agriculture and Rural Development (NABARD) and National Housing Bank (NHB) from Reserve Bank of India to the government of India in a cashless transaction to separate ownership and regulatory function of the banking regulator.

Click the following link http://www.6URL.com/14BC to read the complete article.

View Article  Anil to play safe on Hutch-Essar bid

Reliance Communications (R-Comm) said on Wednesday the bid for Hutchison Essar will be a conservative one.

Click the following link http://www.6URL.com/14BB to read the complete article.

View Article  Dabur set to move out of non-core business

Dabur Pharma has announced the sale of its non-oncology formulation business to Alembic for Rs 159 crore.

Click the following link http://www.6URL.com/14B9 to read the complete article.

View Article  Big deal: It's business as usual at Tata hub

One would have expected some kind of hangover after all the celebrations at Bombay House on Wednesday. But inside the Edwardian building, headquarters to what is now India's largest business house, it was back to business as usual.

Click the following link http://www.6URL.com/14B8 to read the complete article.

View Article  Takeover sets new benchmark for cos

Even though investors gave a thumbs down to the price Tata Steel agreed to pay for acquiring Corus, there's good news.

Click the following link http://www.6URL.com/14B6 to read the complete article.

View Article  Will drop in steel prices spoil party?

Consider the facts. In the last eighteen months, global prices of steel have come off their top.

Click the following link http://www.6URL.com/14B5 to read the complete article.

View Article  Been there, done that

In the mid-eighties, after beating the Japanese small-truck invasion in its backyard with its home-made 407 model, Tata Motors made a proposal to General Motors.

Click the following link http://www.6URL.com/14B4 to read the complete article.

View Article  SC to hear sealing issue

The Supreme Court will hear the sealing issue on Friday and is expected to give a final direction on the Urban Development Ministry's September 7, 2006 notification.According to the notification, shops were allowed on more than 2000 roads in the capital.

Click the following link http://www.6URL.com/14AS to read the complete article.