CII joins ITC against foreign cigarettes
The Confederation of Indian Industry (CII) has cast its lot firmly with domestic tobacco giant ITC, against multinationals like BAT and Rothmans.

IFCI to float 1:1 rights at par
Industrial Finance Corporation of India (IFCI) has decided to come out with a rights issue in the ratio of 1:1.

INS flays hike in freight charges
The Indian Newspaper Society expressed concern over the proposed four per cent increase in freight rates of all commodities and said newspapers and magazines should have been exempted from the hike announced in the rail budget.

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