Panel asks Govt to wind up 3 PSU banks
The Confederation of Indian Industry (CII) asked the government to close down three `weak' public sector banks - Indian Bank, UCO Bank and United Bank of India - and privatise four others including the SBI.



NTPC has no fund to pay dividend
Till the adverse publicity got him, Power Minister PR Kumaramangalam wanted the public sector NTPC to buy NHPC for a whopping Rs 4,500 crore.



Pepsi, Coke move HC on sweetner limit
Soft drink giants Pepsico and Coca Cola Holdings today moved the Delhi High Court seeking quashing of a government circular to the states and the Union territories informing them about a proposal.



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