State Bank mulls VRS to shed flab
The State Bank of India (SBI) is drafting a voluntary retirement scheme (VRS) to trim its 2.37 lakh-strong work force. The proposed scheme, however, will not be offered to SBI's seven associate banks.

TRAI proposals not binding on Government -- Mahajan
The Government on Thursday clarified that it was not bound to accept the recommendations of the reconstituted Telecom Regulatory Authority of India.

Crisil retains triple-A rating for L&T's Rs 1,950 cr debt issue
The Credit Rating Information Services of India Ltd (Crisil) has reaffirmed the `AAA' rating assigned to Rs 1950 crore debenture issue of Larsen and Toubro Ltd (L&T).


  Dollar hemmed in by G7 doubts
  Fed to assess risks to US economy after meetings
  China nudges banking reforms before WTO
  Citibank's B2B solution offers panacea for supply-chain woes
  NGO report raps MSEB for incorrect data on farm sector power consumption
  Industry lauds Centre's move
  Centre imposes dumping duty on Chinese soda-ash
  Centre, port workers to hold talks
  FDI worth Rs 1,620.65 cr okayed
  BoB revises FCNR(B) deposits