EU drags India to WTO on auto policy
European Union has dragged India to the World Trade Organisation requesting establishment of a Dispute Settement Panel to examine its complaint against New Delhi's investment regime in the automotive sector.



UB plans McDowells, Herbertsons merger
Bangalore-based UB group is toying with the idea of merging its group firms McDowells and Co Ltd and Herbertsons into a single entity once Herbertsons is cleared of all the legal hurdles created by a takeover battle between its two promoters.



Rupee closes at all-time low
Concerns over rising global oil prices drove the rupee to an all-time low close of 46.4350/4450 per dollar on Tuesday.



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