Government banks on FIs to divest its Maruti stake
With the govt unable to take a firm decision on how and to whom to sell its 50% stake in auto giant MUL, it resorted to the time-tested tactic of getting Financial Institutions to bail it out.



Industrial growth dips in 9 months
The data released by different wings of the govt is providing a mixed picture of the economy. While the industrial production, excise and customs collection remained sluggish, the IT realisation and exports have recorded robust growth.



L N Mittal may withdraw from AI, IA sell-off race
London-based steel magnate L N Mittal is likely to withdraw from the race to pick up an equity in national airliners Air-India and Indian Airlines.



Other headlines
MTNL eyes 30% jump in Q4, full-year net
Gupta `quits' as NSE chairman
Markets await interest rate cut
Rallis sells pharma unit to Shreya for Rs 49 cr
India moves up in FDI
Dumping probes impeding
Mid-Day issue cleared by RBI
India refuses to swallow UK's bitter pill for Ayurveda
Industry associations flay 4-day holiday for IFR
Mumbai investment firm makes open offer for VST