Overseas acquisition -- Infosys, Wipro bid for blanket nod rejected
THE Finance Ministry has informed the Reserve Bank of India that the proposals of Infosys Technologies Ltd and Wipro, seeking a blanket approval for overseas acquisition, would be treated as closed.

Even as Ministry plans to appeal to WTO... -- Steel exports to US surge
THE Ministry of Steel seems to have been caught on the wrong foot. Even as it has been complaining that Indian steel exporters are severely affected by the anti-dumping duties slapped by the US, steel exports to the country are booming.

Mukand to shut down Kurla plant
MUKAND Ltd has decided to close down its foundry unit at Kurla in Mumbai.

Private power projects moving at snail's pace
ONLY five private power projects, aggregating a total capacity of around 3,000 MW, are likely to achieve financial close in the current fiscal, according to rough estimates by financial institutions.

`Boom, boom' time for music videos
MUSIC videos are setting the tune for the growth in non-film segment of the (music) industry. The success of a music album today often depends on the popularity of its video version.

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