MTNL launches internet service
The Mahanagar Telephone Nigam Limited (MTNL) yesterday launched its internet services at Mumbai and Delhi at a 15% discount to existing tariffs.

Volvo plans Rs 70 cr investment in India
Trucks major Volvo is planning to invest Rs 50-70 crore for manufacturing of inter-city buses and coaches. Volvo has already got Foreign Investment Promotion Board (FIPB) clearance for investing $300 million in its operations in the country.

Shriram keen to buy back Honda SIEL stake
At a time when most Indian partners are bowing out of their automobile joint ventures, Siddarth Shriram's SIEL is keen on buying back its stake in Honda SIEL Cars and Honda SIEL Power Products.

  MTNL buyback to be delayed
  Sensex gains 24.7 points
  Market borrowing up by 42% in nine months
  SmithKline to sell US units for $ 2 billion
  Crisil downgrades BILT NCDs
  Calcutta HC orders SEBI to probe Calchem sale to Henkel
  Industry alarmed over Maharashtra's falling health
  Govt estimates 5.8 pc GDP growth
  VSNL to drop local book building
  Infosys buys 12.5% in Japanese firm
  US networks merge with Lycos
  Coffee exports slump on Brazilian currency fall
  Herbertsons case adjourned
  Bizbits
  BMW ex-chairman to get Rs 37 cr golden handshake