Changes in companies ordinance on cards
The Department of Company Affairs (DCA) is expected to implement a series of changes to the Companies Amendment Ordinance before introducing it as a bill in the winter session of parliament.

DGFT spikes Skoda plea on indigenisation
The Directorate General of Foreign Trade (DGFT) has turned down the application of Skoda Automobilova A.S. seeking 70 per cent indigenisation in over 10 years. The DGFT told Skoda Auto, part of the Volkswagen group, that "no relaxation of the automobile policy can be made".

FIPB clears Rs 1,500cr plans; Mercedes gets nod
The Foreign Investment Promotion Board (FIPB) cleared 30 foreign direct investment (FDI) proposals worth Rs 1,500 crore on Saturday which included projects of Ispat Telecom, AES Power and Mercedes Benz.

CORPORATE
Chittranjan Locomotive builds 3-phase freight electric engine
Hewlett-Packard unveils enterprise servers for Net

ECONOMY
Euro may force export firms to redraw price strategy
CBEC convenes meet to discuss modvat misuse

EXPRESSIONS
"Separate courts for corporate pollution offenders will help"
Rules on animal testing become a bone of contention

MARKETS
Badla rates inch up to hover around 15% on Bombay Stock Exchange
Buyback announcement props Skindia GDR Index 7% to 588 points

LEISURE
Washington's darling, Bobby Jindal
Social ads from India make it to London festival