IOC's order extends diesel imports till July; puts off export competition
The state-owned Indian Oil Corp's (IOC) tender to buy spot diesel for July has extended the country's import demand longer than had been expected and postpones export competition between Asian refiners, traders said.

Yashwant Sinha promises soft stand on tax sops for mergers
Finance minister Yashwant Sinha said that the Government would adopt a liberal attitude while providing tax clearances for mergers, demergers and amalgamation of Indian companies.

Kumar Mangalam is new Indo-British panel chief
The Aditya Birla group chairman Kumar Mangalam Birla is new Indo-British panel chief, from the Indian side. From the British side, The National Grid Co, UK chairman David Jefferies will take over as the co-chairman.

  Decks cleared for resumption of wheat, sugar exports
  NECC awaits Centre nod on maize imports
  Feed shortage hits Andhra Pradesh poultry sector
  ICAR study to assess catch level of turtles
  No signs of turnaround, spurt in credit offtake yet -- JP Morgan
  Executive Briefing
  Sonia quits as Congress president; CWC turns it down
  Oil companies step up prices of petro products
  CII seeks dilution in FI nominees role on company boards
  Briefing
  Maharashtra forms panel to resolve stand-by charges row
  Monitoring panel meeting Friday to review Hoogly Dock performance
  I-T department to keep close tabs on 4% of assessees -- Javed Choudhury
  Communication gap between Jagmohan, telecom secy?
  Sidbi to offer Rs 40-crore assistance to textile units