- TRAI recommends up to 60% cut in base price for upcoming 2G Auctions; a drive to woo telecos and bring big revenues to curb Fiscal Deficit.
- Nestle weighs options for L'Oreal stake sale conundrum.
- Vikram Bakshi alleges McDonald's of piling pressure; moves to Company Law Board.
- KKR likely to buy Gland Pharma for Rs. 1000 crore by month-end.
- LG, Samsung, Panasonic and Sony bet big on B2B space to insulate growth from economic slowdown.
- Samsung to launch 10-inch tablet, spacious fridge by December in India.
- Companies Act draft rules put a cap on term of auditors by mandating Rotation of Auditors in Listed Companies.
- Russia lifts ban on import of rice, peanuts from India.
Source: Economic Times.
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