Cabinet clears Fema, defers Patent Bill
The Union government has paved the way for liberalisation of foreign exchange regulation norms and check laundering of black money abroad with the Cabinet clearing two bills for introduction in current session of Parliament. The cabinet has cleared the twin bills -- Prevention of Money Laundering and Foreign Exchange Management (Fema), even as a decision on a Patent Bill in tune with World Trade Organisation agreement has been deferred.

Tatas back in airport project
The international airport project proposed near Devanahalli on the outskirts of Banaglore hahas received a fresh lease of life with Tata-led consortium offering to have a fresh look into the deal. It may be recalled that there were reports suggesting that the Tatas have decided to pull out from the project following delay in various clearances.

SBI all set for RIB roadshows
State Bank of India (SBI), the country's largest commercial bank, will kick off the roadshow for the $ 2 billion Resurgent India Bond (RIB) issue in Dubai on July 26. Over the next ten days, seven teams of SBI Caps -- the lead arranger to the issue -- will tour the globe hawking the five-year deposit product to non-resident Indians (NRIs) and overseas corporate bodies (OCBs). The issue will open on August 5.

  Exim Bank package for software firms
  ICAR prepares for patent regime
  HC notices to Govt, TRAI, Sukh Ram
  ICICI scouts for retail resources in South, North
  HC notices on plantation cos
  FM assurance on rigging report
  Tata scrips at 52-wk low
  Letter brings IT tribunal members under scrutiny
  Telco sales crash further
  Bearish trend continues
  Sharp rise in gold, silver prices