Sanctions may jeopardise $7.5 billion overseas assistance for power projects
Sanctions imposed in the aftermath of nuclear explosions have put a question mark on external assistance worth $7.5 billion for important central and state sector power schemes.

State Bank awaits US nod to hawk Resurgent bonds
SBI has not yet received the green signal from the Securities Exchange Council (SEC) to sell the Resurgent India Bond in the US. If it does not come through by the next seven days, the SBI will not be able to market the bond in the US.

First quarter deflates Telco bottomline with a net loss of Rs 35.63 cr
The Tata Engineering and Locomotive Company has reported a net loss of Rs 35.63 crore for the first quarter of the current financial, compared to a profit of Rs 90.5 crore in the corresponding period last year.

CORPORATE
Eicher Consultancy, Motorola varsity plan tie-up for Six Sigma concept
Voltas divests entire stake in SMS India

ECONOMY
Income-Tax department plans two-pronged approach to boost collections
Unions against plan to trim centre holding in banks

EXPRESSIONS
Boost shipments a la China and Poland
Handle with care

MARKETS
PFC to mop up Rs 150 cr through tax-free bonds
S&P CNX indices likely to serve as benchmarks for derivatives trading

LEISURE
Learning to deliver right service at right time
Women customers are buying more than ever before, even cars