Air India securitisation deal may be spread over 7 years
Air India is expected to finalise a timeframe of seven years for its proposed multimillion dollar securitisation deal with a coupon-rate mark-up over the five-year US Treasury. The carrier's original plan to raise $200 million may also be modified. It is being considered that the airline keep this amount within the range of $150 million (approximately Rs 600 crore) and $200 million.

Maharashtra plans to provide naptha linkage to short-gestation power projects
The Maharashtra government plans to reallocate naphtha linkage to provide fuel to some short-gestation power projects. This follows recent changes made in the liquid fuel policy by the ministry of petroleum & natural gas in coordination with the ministry of power.

Sterlite's plea to set aside Sebi diktat on Indal open offer spiked yet again
A division bench of the Delhi high court has dismissed Sterlite Industries' appeal to stay the proceedings before Sebi, which has slapped a show cause notice on the company for aborting its open offer to Indian Aluminium shareholders. After a single judge of the high court had dismissed Sterlite's plea on September 3, the company decided to go in appeal before a division bench.

CORPORATE
Maruti board meet to discuss new models
Reconsider buy-back option move: CERC

ECONOMY
Atma wants rubber cess hike to go
Traders may shift to soft oils from S America

EXPRESSIONS
Demographic gain
Arvind Mills close to its nadir

MARKETS
Asian shares surge on Tokyo rebound
Supreme court offers respite to Hiten Dalal

LEISURE
Garment export quota to go on-line
Murdoch moves to extend Sports TV empire