Private airline carriers ask for Rs4,700cr bailout package from Government (BS)
Banks to stop lending to oil marketing companies owing to liquidity crunch and high debt (BS)
Finance ministry may ease norms for Indian non-infrastructure companies, especially those in manufacturing. (BS)
TCS acquires Citigroup Global Services for US$505mn and also gets US$2.5bn contract from Citi. (BS)
Tata Power may increase stake in Bumi Resources (ET)
M&M to launch green SUVs in US by early 2009 (ET)
Satyam Computers is considering Eastern Europe and Latin America as potential markets (ET)
Wockhardt signs a 10-year exclusive in-licensing agreement with UK-based pharma company to market a range of dermatology and dental products (ET)
Cairn is yet to receive ‘right of use’ for Rajasthan pipeline (BL)
Siemens sets up a new arm for rail transportation sector (BL)
US Department of Justice has withdrawn its motion against Ranbaxy. (ET)
Reliance Infra files an appeal against MERC order allowing Tata Power to sell 100MW to Tata Group’s power trading arm (BS)