MPC -- Cogentrix walks out, CLP to pursue
Finally, multinational Cogentrix has walked out of the controversial 1000 mw power project proposed to be set up near Nandikoor in Mangalore.
Consensus on new IMF chief still evades G-7 summit in Tokyo
Consensus over who should be the next head of the IMF eluded the Group of Seven (G-7) rich nations on Saturday, but Germany still hopes to gain backing for its candidate despite US and French doubts.
Corpn Bank launches gold deposit scheme
Public sector Corporation Bank which launched its CorpGold Deposit Scheme on Saturday collected 100 kg of gold on the first day and targetted to collect about 25 tonnes in the first year of operations.