RBI prevents rupee from crashing below 47
Indian rupee came close to breaching the 47 level mark against the dollar on Monday, but timely intervention by the RBI and other banks rescued the currency from a big crash.



Silverline plummets on SeraNova debt burden
Angry investors on Monday hammered down the shares of software major Silverline Technologies following its acquisition of SeraNova Inc -- a debt-ridden and loss-making company listed on the Nasdaq of the US -- last week.



Microsoft plans to invest $1 bn in Murdoch co
Rupert Murdoch's News Corp is in talks with software giant Microsoft Corp that could result in the software company investing more than $1 bn in Sky Global Networks Inc, the recently formed unit that consolidates all of News Corp's global satellite TV assets and investments.



Other headlines
L&T net nosedives 81% to Rs 31 cr
BALCO divestment may be hit by SC judgement
IDBI, Glaxo net falls, SBI profit zooms 71%
Centre collects only 40% FM license fees as deadline lapses
Split in Maruti union