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Labourers work in a steel factory in Siliguri, July 16, 2009. A government panel late on Monday set a price band of 300 rupees to 350 rupees for the follow-on public offer in NMDC, a discount of 13-25 percent to Monday's closing price, sources told Reuters. REUTERS/Rupak De Chowdhuri/Files
DIVESTMENT IN STATE FIRMS

NMDC priced to sell

The government is betting that a deep discount for this week's $2.6 billion share sale in NMDC revives interest in a divestment programme that has thus far generated uneven interest.  Full Article 

 
Spanners are placed on a mat by mechanics for the photographer inside a Toyota service centre in Taipei March 3, 2010.  REUTERS/Nicky Loh/Files
No flaw found with safety electronics: Toyota

Toyota Motor Corp said it had found no flaw with its throttle controls as it seeks to dismiss an external study critical of its electronic safety systems.  Full Article | Full Coverage 

Photo
U.S. weighing China Internet censorship case - USTR

WASHINGTON (Reuters) - The United States is studying whether it can legally challenge Chinese Internet restrictions that hurt Google and other U.S. companies operating in China, but direct talks with Beijing might yield faster results, the top U.S. trade official said on Tuesday.  Full Article  

EU policy makers play down monetary fund idea

LUXEMBOURG/FRANKFURT (Reuters) - European policy makers played down on Tuesday the idea of creating a European Monetary Fund, saying it was at most a long-term project that did not offer a solution to Greece's immediate debt problems.  Full Article  

OPINION

Handout photo of Rajan Ghotgalkar, Country Head - INDIA at Principal International and Managing Director of Principal Pnb Asset Management Company.
A Positive Budget

There is a nice feeling derived from the budget’s positivity & growth orientation.  Full Article 

Handout photo of Sanjay Sinha, CEO of L&T Mutual Fund.
Hits & Misses

Could the FM have done more? No Budget can be expected to address all issues at once.  Full Article 

 
Handout photo of Rajiv Deep Bajaj, Vice Chairman and Managing Director of Bajaj Capital Ltd.
Shifting Focus

The budget shows a clear shift in focus from managing recovery to initialising reforms.  Full Article 

Handout photo of D. H. Pai Panandiker, President of RPG Foundation.
Corporate Taxpayers

If the government adopts the exemption free tax code, there will be no additional revenue.  Full Article 

 
 
 
 
 
A participant walks past a poster at the Asian Financial Forum in Hong Kong January 20, 2010. REUTERS/Bobby Yip/Files
Hostile activity picks up

The recent uptick in merger activity has included an increase in strong-armed takeover tactics that has made unfriendly deals even more hostile.  Full Article | Blog 

Market Update

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SHOWCASE

A man walks past the entrance of the Reserve Bank of India headquarters in Mumbai in this January 2009 file photo.  REUTERS/Arko Datta/Files
Rate Hike?

POLL - The Reserve Bank of India is widely expected to increase short-term interest rates at its policy review in April.  Full Article 

 
Attendees at a job fair line up for an interview carrying their resumes in leather bags in a Washington hotel, August 6, 2009. REUTERS/Jason Reed/Files
Right and Wrong

ANALYSIS - Ethics angle missing in financial crisis debate.  Full Article 

 
Bumper Offer
Bumper Offer

Tokyo pins IPO hopes on Dai-ichi Life bumper offer.  Full Article 

 
The logo of American International Group Inc. (AIG) is seen outside their corporate headquarters in New York, November 10, 2008. REUTERS/Mike Segar/Files
Paying Off in Spades

DEALTALK - U.S. bet AIG units would price higher -- and won.  Full Article 

Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 79.87 -0.75% 03/10 03:36 IST
Gold 1121.7 -0.21% 03/10 03:17 IST