Financial Express - India's leading business newspaper from the Indian Express Group

Sinha takes Paswan to task on phone doleout to DoT staffers

Finance minister Yashwant Sinha has opposed communication minister Ram Vilas Paswan's largesse to telecom employees in the form of free telephones.

Ranbaxy adopts good governance guidelines

In yet another step aimed at matching international standards, Ranbaxy Laboratories has initiated implementation of the Securities & Exchange Board of India's corporate governance guidelines.

Strides Arcolab in merger talks with Bombay Drugs

The Bangalore-based Strides Arcolab, one of the largest Indian exporters of branded generic pharmaceutical products, is evaluating the option of bringing in Bombay Drugs and Pharma within its fold.

Seven-year paper auction likely to devolve on RBI

Tight call rates at 9% levels, triggered off to an extent by a freak reverse-repos quote on Monday, may see the Reserve Bank's auction of the 11.90% 2007 for Rs 4,000 crore set for Thursday devolve by nearly 50%.