Centre receives 45 bids for 27 oil blocks
The Government reportedly received 45 bids for 27 oil blocks from 21 companies, surpassing expectations from a gloomy investor climate.

DoT directed not to charge ISPs for fixed phone access
The Telecom Regulatory Authority of India directed the Department of Telecom to not to charge e-mail and internet service providers for fixed phone access and refund all payments received on this count so far.

IFCI to recast Modern group, JCT, Flex
The Industrial Finance Corporation of India (IFCI) will restructure the Modern Group, JCT, Flex and Prakash Industries in a bid to strenghten its non-performing asset (NPA) recovery drive.

CORPORATE
Nicholas Piramal, Norton to develop 3 drug formulations
Ballarpur Industries posts Rs 16 cr net profit

ECONOMY
US calls nuclear doctrine a wrong step
G-15 meet concludes with focus on WTO agreements

EXPRESSIONS
Import of second hand capital goods -- Checking the reality
Real interest rate -- Inflation in the mind

MARKETS
Kotak bond fund to allow exit at premium
TimesBank may be listed on the bourses on Aug 24

LEISURE
Seiri and Seiton sweep across the shopfloor
Jain on a comeback trail, launches news channel