14 banks to aid SBI hawk resurgent bonds
Ten foreign and four public-sector banks have bagged the mandate to join the State Bank of India and its associate banks in selling Resurgent India Bonds (RIBs) to non-resident Indians and overseas corporate bodies. The issue will be launched on August 5, and State Bank plans to present a $2-billion cheque -- the proceeds of the RIB—to the centre on August 15, the Independence Day.

Centre decides to blow the whistle on British Airways, Air India impasse
The civil aviation ministry has informed officials of the British government that negotiations for a new air bilateral pact between India and Britain have to wait till the two airlines patch up their differences over an inter-airline agreement. The development comes close on the heels of an intensified war of words between British Airways and Air India.

Finance ministry likely to opt for two executive directors in state-run banks
The finance ministry is likely to opt for appointing two executive directors (EDs) at public-sector banks instead of one. The issue was discussed threadbare at the Appointments Board's meeting in Delhi on Saturday.

CORPORATE
Monopolies panel spikes plaint against Zee Cinema
Steel Authority of India to upgrade Bhilai unit

ECONOMY
Al Manahal appoints Flour Daniel as consultant for Orissa petrochemical project
Court upholds imposition of sales tax on lotteries

EXPRESSIONS
Synthetic fibre firms under cloud
HRD and bank customer satisfaction

MARKETS
ASMA may lift ban on futures trading
Industry concerned as PFY exports dip

LEISURE
Multilingual software speaks volumes
Balancing between brag and rejection