Escorts shelves revamp plan
Escorts Ltd has decided to drop the "controversial" restructuring proposal to halve its equity capital to Rs 36.38 crore.

I-T drive yields Rs 500 crore
The income tax department has mopped up a total of Rs 500 crore from about 60 multinationals, mostly Japanese, as a follow-up of its tax evasion detection drive.

Ford, GM run heavy losses
American car majors Ford Motors and General Motors India are expected to close the current financial with accumulated losses of Rs 100 crore and Rs 70 crore respectively in the sagging Indian car market.

  India to miss marine export target this fiscal
  Inflation dips to 5.14 pc
  `Industry growth to be lowest in last quarter'
  Cars, two-wheelers fare poorly in export market
  Recession hits Japanese investment in India
  Ahmedabad bullion to be hurt by State cut in taxes
  Polish minister for better ties
  Bizbits
  Different Strokes
  Steel yourself
  Guestcolumn
  `Interest on export finance should be slashed to 7 pc'