Business Standard | Front Page Headlines
The latest news from India's most respected business daily.



Noel Tata moves to a new role (Jul 29)
Resigns as Trent MD to become non-executive vice-chairman, appointed MD of Tata International.


Top RBI official turns loose cannon (Jul 29)
Central bank mandarins are almost always taciturn, mostly withdrawn, reticent, and at worst, measured with what they speak, as any unintentional slippage can wreak havoc in the financial markets.


Pranab rejects 3G refund plea (Jul 29)
Raja may now seek more subsidy for BSNL.


Bankers pitch for allowing sub-base rate lending (Jul 28)
SBI raises issue at post-policy meet with RBI.


RIL, Essar eye BP's Africa assets (Jul 28)
Private fuel retailers Reliance Industries Ltd and Essar Oil have joined the race for BP assets. RIL and Essar are interested in BPs retail outlets, terminals and aviation turbine fuel (ATF) facilities in at least four countries in Africa.


Pawar to assess NCP's standalone prospects (Jul 28)
The Nationalist Congress Party (NCP), which is part of the ruling Congress-led coalition in Maharashtra, will meet on July 31 to explore the possibility of cutting loose from the Congress.


Wipro targets defence, govt in policy haze (Jul 28)
An application by Bangalore-based Wipro Ltd to the Foreign Investment Promotion Board (FIPB) for permission to enter the defence sector has become a policy test case. The issue being if information technology (IT) service companies wanting to get into military-related software activities will be subjected to the general stipulation of a 26 per cent cap on foreign direct investment (FDI) in the defence sector.


Bidding era for auditors to end (Jul 27)
The government is likely to ask all departmental enterprises and agencies, such as the National Highways Authority of India (NHAI), to dispense with the system of tender-based appointment of internal auditors.


RBI says inflation remains a target lest it hurt growth (Jul 26)
The Reserve Bank of India today indicated that the trend of rising interest rates would continue until inflation and inflationary expectations were contained, even as it stressed the need to improve supplies to bring down prices.


Green signal to pvt tracks (Jul 26)
Private sector entities will now be able to construct, operate and maintain railway tracks in the country under a new policy framed by the ministry to promote investment in railway infrastructure projects. Though private companies now operate railway linkages to a few ports or have captive rail systems, it is for the first time that large-scale private operations in freight are being planned.