Centre may divest Maruti holding to banks, institutions
The centre has initiated a move to sell its 49.5% stake in car-maker Maruti Udyog. The proposal, mooted by the finance ministry, envisages warehousing the government's stock with banks and financial institutions. The stake will later be offloaded through a strategic sale.

Chhabria scripts Mallya ouster bid
The fight between Vijay Mallya and Kishore Chhabria for control of liquor-maker Herbertsons reached a flashpoint on Wednesday with the Chhabria camp moving resolutions for removal of the core management team at the company's 61st annual general meeting (AGM) in Mumbai.

Cash-rich state-run companies may be told to buy shares back
Finance minister Yashwant Sinha is firming up proposals to prompt at least six cash-rich public sector undertakings to buy back their shares and thus help the government meet the fiscal deficit target. The buyback would be funded by the reserves of the companies.

CORPORATE
Johnson & Johnson's unveils sanitary napkin, dons conservative garb
BOC India to shut down Mumbai plant from April 1

ECONOMY
Non-performing assets keep Reserve Bank on its toes
Unions cripple economy with show of might

EXPRESSIONS
Legal potholes on road to a new currency
Titan scrip back in demand

MARKETS
BoR to issue warrants with rights
Tata MF to make tax-saving scheme open-ended

LEISURE
Viagra consumes lives, tonnes of newsprint
Human capital the new board room buzzword