Telco not averse to tie up with foreign firms
Telco chairman Ratan Tata has said that the company is not averse to striking strategic alliances with international car manufacturers or component players at some later stage for expanding its present range of automobiles.

MSEB stops taking power from TEC after Dabhol Power's entry
The Maharashtra State Electricity Board has refused to buy power from TEC from May 15 following the arrival of Dabhol power. The Dabhol plant began commercial production on May 13.

Delhi to seek longer time-frame to phase out quantitative restrictions
India will seek a longer timeframe of 30 months or 40 months for removal of quantitative restrictions on imports if its appeal against the WTO panel's ruling involving a dispute with the US is rejected by the WTO's Appellate Body.

CORPORATE
ACC posts 22% jump in dispatches in first quarter
Rolta net profit vaults 43% to Rs 15.07 crore

ECONOMY
Grey areas in telecom policy rankle players
Gujarat Adani Port handles 500,000 mt cargo in nine months

EXPRESSIONS
Strategy for developing the pesticides industry
The Index

MARKETS
Gold may maintain its downtrend, say analysts
There's life beyond Sensex; 13 scrips hit 52 week high

LEISURE
9 Hollywood firms move court against Siti, IN Cable
If it's Thursday, it must be butterscotch Tonite