Govt gives okay to buyback ordinance
Anxious not to take any chances with a wayward Parliament, and desperate to find funds to balance its precariously placed budget, the Central government today decided to issue a clutch of ordinances including the Companies Amendment Ordinance and the Patents Amendment Bill.

Chhabria-Mallya tussle hots up as BDA MD quits
The plan of Kishore Chhabria to oust UB group chief Vijay Mallya from Herbertsons Ltd has received a setback with BDA managing director UK Ganguli stepping down from the post.

Savings rate cut to boost FIs
The recent interest rate cut on small savings schemes of the government like National Savings Certificates (NSC) has come as blessing in disguise for the financial institutions which have been struggling to get subscriptions to their retail bond issues.

Letters to the editor

LEISURE
  Icing on the Cake
  Healing Touch

SPORTS
  England's dreams MacGrilled by Stuart's seven and turned to ashes
  India play waiting game for too long and lose initiative

EXPRESSIONS
  Reforms in MoD
  Welcome shift

BUSINESS
  IOC puts off buyback plan
  DSQ Software proposes to raise Rs 150 crore

GENERAL
  Dy Mayor runs into opposition from own party
  HC issues notices on plea against renaming

POLITICS
  No plan to rejoin Congress: Bansi
  Nervous Tohra asks Takht jathedar to cancel US trip