After almost four years in the woods, stock markets are looking at public sector oil companies with interest again.

Criticising the government and corporate houses for over-pricing public issues, Mr Deepak Parekh, who heads a key Sebi committee, said all listed companies should increase the stake in the public to

The full extent of the Gyaneswari Express tragedy is finally becoming clear. In one case, a family has been forced to hide the death of two children from their mother, and in another, a family had to go ahead with a marriage despite several relatives left dead in the train tragedy.

Last week saw two of the biggest bets taken by top corporate houses starting to pay off. Tata Motors and Hindalco, which had made billion dollar cross border acquisitions in the past, are now reaping benefits after almost two years of pain.

As I walked through a multibrand garments mall, I found that most shoppers had bags that were overflowing with clothes of different shapes and sizes. The salary increases and bonuses were probably being put to use. And of course, the big draw.

Just days after it acquired a majority stake in electric car maker Reva, utility vehicle and tractor major Mahindra and Mahindra (M&M) is on the hunt again. It is reportedly bidding for Ssangyong Motor Company, South Korea’s fourth largest auto firm — which is struggling with bankruptcy. Kolkata based Ruia Group, which owns Dunlop, is also in the fray for Ssangyong.

Less than a week after the two Ambani siblings scrapped the non-compete agreement between the two groups, rumours of Reliance Industries Ltd’s next foray have started doing the rounds. If the rumours are true, RIL and Bharti may perhaps form a strong fit.

Lt. Col Srinivas Prasad, began his career in the armed forces. After a stint of over 22 years, he took voluntary retirement. However, he wasn’t ready to call it a day. The sprightly 45-year-old is currently working with a private sector infrastructure firm. He’s based in a small town close to Hyderabad.

A major collision between a Jet Airways plane and an IndiGo aircraft was averted on Wednesday night. The Jet Airways pilot aborted landing on seeing the IndiGo aircraft on the runway. The DGCA, however, said it was not a “near miss” but a “runway incursion”.

A day after a red alert was issued for Gadchiroli, Naxals shot dead two policemen on Thursday. The two constables were following a lead and trying to track the Naxals’ hideouts when they were killed.