Rupee bounces back to 43.52 on Jalanspeak
The rupee bounced back to close at 43.51/52 against the dollar yesterday, buoyed by the RBI governor Bimal Jalan's statement that the central bank was prepared to intervene directly or sell dollars through the SBI.

Essar Oil set to sew up Rs 610 cr finance deal with ABB for Vadinar plan
Essar Oil is on the verge of finalising a bridge finance deal of Rs 610 crore with ABB for funding its languishing Rs 6,725-crore, 10.5-million-tonne refinery project in Vadinar in Gujarat.

DPEA's Rs 300 cr claims cast shadow over pharma firms' books
Claims in excess of Rs 300 crore under the Drug Prices Equalisation Account (DPEA) continue to cast a shadow on the balance-sheets of top-notch pharmaceutical companies in India.

CORPORATE
SAIL secures 17 per cent price cut through long-term coal agreements
JVSL urges FIs to defer interest dues

ECONOMY
Munde on a pre-poll high, says alliance will come back
Bihar CPI revolts against Laloo, fields six more

EXPRESSIONS
Property purchase under foreign award and I-T Act
The Index

MARKETS
Andhra Bank may defer initial public offering to second half
ICICI files draft prospectus, to collect Rs 33 on application

LEISURE
McDonald's connoisseur samples 10,893 restaurants
Book Review -- Telecom De-monopolisation In India