Fox set to launch new family channel
Cable network Fox Family Channel is hoping to bring Mom, Pop and the kids all back together in the living room with a whole new schedule of "family-oriented" programming starting on Saturday. Fox Family Channel has invested $500 million to totally revamp The Family Channel, which it bought last year from televangelist Pat Robertson for $1.9 billion.

"It's time to go value shopping"
With the rupee breaching Rs 43 to a dollar, equity markets touching a 24-month low of 2,965.58 and the looming uncertainty on the political front, equity fund managers feel that this is good time to go value shopping. Debt fund managers, on the other hand, say that the interest rates movement will depend on the amount of inflow into Resurgent India Bonds.