Taj story -- Poison pill can sometimes boomerang
The exit of Kerkar was particularly vicious; the Tatas leveled serious charges against the man who has become a legend in the hotel industry for turning a single loss making property (the Taj, Mumbai) into an international chain.
RBI eases overdraft rules for Gujarat
In a bid to provide relief to the quake-hit Gujarat State, the RBI has relaxed the limits on ways and means advances and overdraft rules for the state government till end of February to facilitate relief work.
Industry escapes from killer quake
While the killer earthquake wreaked havoc in Gujarat, plants of major corporates like Reliance, Essar, GAIL, IPCL and Indian Oil located in industrial hubs like Hazira and Jamnagar of the state were not damaged.