Tatas to merge three electricity companies
In a major consolidation drive, the Tata group is finally set to merge the three Tata Electric Companies (TEC) - Tata Power, Andhra Valley Power Supply Company, and Tata Hydro-Electric Power Supply.

Judge orders Microsoft split in two
US District Judge Thomas Penfield Jackson ordered Microsoft Corp split in two and imposed sweeping restrictions on the software giant's business practices, setting off a new round in the titanic legal struggle that is headed for the Supreme Court.

Yahoo! picks Mumbai to host its front office
Mumbai is all set to play host to the mother of all dotcoms, Yahoo!. The US firm is scouting about for 5,000 square feet of prime realty for its front office.


  CEO Ballmer vows to fight against verdict
  IPCL to offload stake in July, shareholder's pact finalised
  Antitrust case may be headed towards US Supreme Court
  RIL acquires land at Patalganga for its power project
  Escorts to raise stake in finance arm to 70%
  Ispat's Dolvi plant suffers Rs 280-crore cost overrun
  Satyam Computer teams up with US firm TRW for engineering services
  Chhabria pumps in Rs 20 cr into Dunlop
  Judge lambasts Microsoft in order
  The Index
  Tokyo bourse aims to boost Asian global profile
  Interbrew begins talks to acquire Bass brewing unit
  FirstMark's European subsidiary lines up major financing
  OCC clears Rs 300cr dues to MRPL, IBP
  Kitply set to reopen three units in Assam