The Obama Administration has asserted that no condition has been imposed on Pakistan for the $2.3 billion Defence Authorisation Bill and charged an attempt is on to “willfully distort” the facts.
Helios Capital Management Pte, the hedge-fund manager once backed by Tudor Investment Corp, plans to start a “Slumdog Millionaire” fund that will buy underperforming shares of Indian companies.
The stalemate over the Railways’ proposed coach factory at Singur is likely to continue with the West Bengal government on Tuesday indicating that it will wait for a firm proposal from the Rail Board before approaching its tenants for terminating the contract covering 997 acres at the former production site of the Tata Nano.
The car major Maruti Suzuki will launch a new family car "Eeco" with a 1,200cc petrol engine in the under-Rs 4 lakh segment, at the upcoming Auto Expo in the capital.