Rupee hits all-time low of 44.15 The rupee on Wednesday plunged to its historic low of 44.15/16 against the dollar on heavy demand from corporates and short-covering by banks. Ministry blocks NTC bid to sell Swadeshi Polytex stake The textiles ministry has shelved the National Textile Corporation's move to divest its 33.63% equity stake in the Kanpur-based nationalised textile mill, Swadeshi Polytex Ltd (SPL). Railway Board, shipping department flex muscles over port tariffs fixation The department of shipping and the Railway Board seem to be heading for a confrontation on the issue of fixation of port railway charges. Final touches being given to road map for e-commerce taxation Yadav, Jaitley iron out differences over AI divestment, Cabinet talks on Friday Uniform criteria for privatisation road sector mooted Insat-3B dedicated to nation, but communication failure irks DoD puts off NMDC disinvestment, seeks Cabinet panel nod Executive Briefing Chase Manhattan to acquire Beacon for $450-500 million Top Japan banks turn in profits after string of losses Yuan continues to rise on demands from exporters
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