Sources close to the situation said the Tata Steel board is slated to discuss the issue at its meeting on April 17.

To ensure adequate remuneration, the government is considering a proposal to offer farmers the market price for their agricultural produce. The government's MSP will match the market price.

The Ruias of Essar group have appointed an investment banker to sell BPL Mobile-the Mumbai circle of the telecom operations bought from BPL-at a targeted valuation of $1 billion.

The Sahara group on Tuesday agreed to sell Air Sahara to Jet Airways at an enterprise value of $450 million.

Railway minister Lalu Prasad's turnaround story-predicated on increasing the axle-load of wagons to carry more freight and thereby improve profitability-has had serious consequences.

Bankers expect growth rate to halve to 15% in '08.

The Ministry Of Petroleum and Natural Gas has ruled out a hike in the prices of petrol and diesel in the near future even as the price of the Indian basket of crude oil continues to remain above $65 a

Given the uncertainty on the US economic outlook, the rising rupee, and the lack of clarity on imposition of fringe benefit tax on stock options, analysts believe the companies may strike a note of caution on FY08 earnings.

With the Central Government making it mandatory for consumers to switch to CAS in select parts of major metros, Onida is planning to launch LCD televisions that have an embedded technology to encrypt digital signals.

Lebanon will receive a $77 million loan from the International Monetary Fund (IMF) this week to reduce the country's crushing public debt and inspire other Paris III donors to make good on their pledges. The loan, at 5.5 percent interest

Four Lebanese banks signed an agreement on Tuesday for a $57 million line of credit from the Arab Trade Financing Program (ATFP) to help finance foreign trade deals. Representatives of Fransabank, Credit Libanais, Bank Med and Banque Libano Francaise signed

Pyongyang will have to shut its main nuclear reactor after authorities cleared the way for millions of dollars in frozen funds to be returned to North Korea.

Beijing reacted harshly to a US decision to take it to the WTO over copyright piracy, saying the move would "seriously damage" bilateral cooperation and harm business ties.

If the United States has its way in the World Trade Organisation, Indians may soon be able to savour the famed Californian wine for a much lesser price.

Clearing the decks for the $7-billion Iran-Pakistan-India (IPI) gas pipeline project, the Pakistan government on Tuesday approved the gas sharing arrangement with New Delhi.

Dealer-operated petrol stations across the country will remain closed on April 13 as part of a token strike to voice their demand for higher commission.

India's largest private lender ICICI Bank has been fined Rs 220,000 ($5,120) by Hong Kong's Securities and Futures Commission for breach of licence rules and was ordered to further reimburse investigation costs.

Income Tax authorities at Mumbai have posed 33 questions to Hutchison Essar managing director Asim Ghosh as part of the summons issued to him under section 131 of the Income Tax Act, 1961.

An Indian origin CEO and co-founder of British pharma and healthcare firm, Goldshield Group, which has recently expanded its operations to India, has dropped his management buyout plan for the company.

Ganesh Natarajan, deputy chairman and managing director, Zensar Technologies Limited has been appointed vice chairman, Nasscom for the current year.