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Tatas rally behind former VC
NEW DELHI, JULY 26.Rejecting parts of A F Ferguson report on financial irregularity involving about Rs. 500 crore in Tata Finance, the Tatas have rallied behind Kishore Chaukar, former Vice Chairman of TFL, and ruled out his resignation from the ...
Oil majors sign CBM contracts
NEW DELHI, JULY 26.India today joined a select group of countries that are exploiting coal bed methane (CBM) as a source of natural gas with the signing of five contracts for exploration and production of CBM. The companies entering into ...
IT searches continue at Xerox ModiCorp
NEW DELHI, JULY 26.The income-tax department continued its searches at three premises of Xerox ModiCorp here today and scrutinised 85 bank accounts for alleged money laundering by the corporate house. The searches came even as the B K Modi ...
Xerox posts a surprise Q2 profit
NEW YORK, JULY 26.Copier maker Xerox Corp. on Thursday posted a surprising second-quarter net profit, aided by robust margins and aggressive cost-cutting efforts, in its first quarterly report since Federal regulators pressured the company to ...
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  • ITC net profit up 15 p.c.
  • Sensex drops 71 points
  • Biennial indl. expo
  • Call for labour-intensive production
  • Global air traffic will rebound — Report


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    News Analysis
    Calling up loans — still not easy
    By C. R. L. Narasimhan

    There is plenty of expectation from the new legislation empowering banks to proceed against defaulters. However everything depends on its operation.

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