BSE board drops 10 scrips from specified group, trims list to 140
The Bombay Stock Exchange has retained 17 out of the 27 scrips which were promoted to the A group recently. At the end of a marathon meeting of the BSE governing board which lasted for over six hours on Friday, the exchange decided to exclude 10 scrips.

Essar-Stemcor deal fails to get IDBI board nod
The Essar Minerals-Stemcor Corporation deal hit a roadblock with the board of the Industrial Development Bank of India refusing to give its stamp of approval on Friday.

DoT brings Agrani revenue sharing plan on par with Iridium
The department of telecommunications has increased the revenue sharing percentage levied on the Subhash Chandra-promoted Agrani satcom project from 5 to 16%, bringing it in line with the charge on Iridium India Telecom.

CORPORATE
German Remedies, Ethypharm of France ink joint venture pact
Mitsubishi mulls tieup with HM for Pajero

ECONOMY
Talk Kargil but don't drag armed forces -- EC
Pawar-baiters unite to defeat his nominee from Baramati assembly

EXPRESSIONS
Temporary slowdown for Thomas Cook
Will Sebi guidelines help small investors?

MARKETS
GIC D'Mat declares 10 per cent dividend
Alliance Mutual Fund assets cross Rs 1,000 cr

LEISURE
Eastern Command is best in long distance
CEOs mix networking, business with pleasure