Govt silent on political graft
The draft white paper on corruption presented to the Cabinet today has listed various measures to eradicate corruption from the administration but almost side-stepped the main issue of political corruption.

A twisting saga of threats and Thackeray
Shiv Sena supremo Bal Thackeray, in one of the most starkly visible climbdowns, has decided to ``postpone'' his ban on Union Minister for Railways Ram Vilas Paswan's entry into Maharashtra and Mumbai.

Kesri to keep regional satraps out of CWC
Congress president Sitaram Kesri has set the ball in motion for setting up the Congress Working Committee (CWC) by saying that Pradesh Congress Committee (PCC) presidents and leaders of Legislature Parties (CLP) should not enter the fray for a place in the CWC.

MPCC leaders flayed for inaction on Vidarbha issue
Senior Congress leader and former Maharashtra minister Bhausaheb Mulak has reminded the Congress leaders of the region about their commitment to a separate Vidarbha state and formation of a separate Vidarbha Congress Committee.

No buyback now, says Rahul Bajaj
Bajaj Auto (BAL) has ruled out the buyback of its shares for the present. The company had secured shareholders' permission for buying back its shares at the last annual general meeting.

Templeton to unveil $100-mn income fund
Templeton International Asset Management Company plans to launch a $100 million sub-continental fixed income debt fund with special emphasis on investments in India, Indonesia and Singapore.

Mafatlal Industries in Rs 35-cr property deal with Mitsui
Mafatlal Industries Ltd (MIL) plans to sell a portion of its prime property at Nariman Point in south Mumbai to Mitsui Corporation of Japan. The transaction, which will be completed soon, is expected to fetch the former around Rs 35 crore.

GNFC ties up with German firm for nitric acid plant
Gujarat Narmada Valley Fertilizers Company (GNFC) has entered into an agreement with Plinke of Germany to set up a 33,000 tpa concentrated nitric acid plant at its Bharuch complex in Gujarat.