Jaya quake rips forex market apart; rupee dives to 42.78
The rupee on Tuesday weakened to an intra-day low of 42.78 against the dollar as political uncertainty gripped the forex market, triggering an inter-bank interest for the greenback.

Appellate body upholds Sebi order on Suarashtra Cement
The appellate authority in the finance ministry has upheld the Sebi order which had directed five companies controlled by the Mehtas to make an open offer for 20% of Saurashtra Cement's equity.

DoT asks operators to securitise balance licence fee in two weeks
The Department of Telecommunications has directed private operators to securitise the balance 80% licence fee dues within 15 days.

CORPORATE
JM, Morgan Stanley venture flags off operations
SISL forays into hospital management solution business

ECONOMY
Imports under-invoicing has hit polyester units hard -- Producers
JC Parekh fails to get succour from appellate authority

EXPRESSIONS
Foreign investment in housing is must
SC gives women's right a shot in the arm

MARKETS
Sensex bounces back, firm opening likely today
Rumour mills prop up ITC on bourses

LEISURE
BhartiBT Internet sees 75,000 customer base by year-end
I&B ministry may step in to make peace between DD, World Cup air-time sellers