Sinha's plan to securitise state electricity boards flops
Finanace Minister Yashwant Sinha's plan to securitise around Rs 18,000 crore of outstanding dues owed mostly by state electricity boards (SEBs) to Coal India (CIL) and a troika of public sector power companies NHPC, NTPC and Powergrid Corporation has come a cropper.

FII-driven bull run propels Sensex 403 points in 6 days
The uninterrupted bull run for six days driven by foreign institutional investors has propelled the BSE Sensex by 403 points or 12.4% and the markets appeared to have reached a point of no return.

IOC in talks with HSEB for sale of power from Panipat plant
The Indian Oil Corporation has kicked off talks with the Haryana State Electricity Board (HSEB) on examining various options in selling power, once the 301 mw Panipat plant is commissioned. The project is being promoted by IOC and Marubeni of Japan with stakes of 26% each.

CORPORATE
ANZ posts 15% rise in first-half net
BoB to redefine retail operations

ECONOMY
Commerce ministry to notify wheat exports soon
Acma seeks Centre's help to modify compliance ruling

EXPRESSIONS
Future shock -- Threats to energy security
Competitive corporate governance and the redundancy of BIFR

MARKETS
Good demand for CTC teas at Calcutta sale
Euro stocks rise on Kosovo hopes

LEISURE
China gives go-ahead to 3 telecom firms to conduct trials
Can HSBC expect to cheer a double digit growth in new cardmembers