NEWS DIGEST: Most read stories this week

Following are the links to the ten most read stories on the Business Standard website in the last seven days:- 

Google phone to hit Indian stores in December

Taiwanese handset major High Tech Computer (HTC) is planning to launch the Android platform-powered phone (popularly referred to as the Google phone) in India this December...More

Tata team meets Modi on Nano

Tata Motors, which suspended work at the Nano plant in West Bengal's Singur in view of continued confrontation at the site early this month, has held talks with Gujarat Chief Minister Narendra Modi over relocating the facility to the state...More 

Morgan's merger plan with Wachovia fails

Wachovia Corp, the fourth-largest US bank, fell as much as 13 per cent as investors speculated that any chance of a merger with Morgan Stanley is now dead...More

Karnataka leads race for Nano project

Karnataka is emerging as the front-runner in Tata Motors' search for an alternative site for its ambitious Nano small car project, which is facing problems in Singur, West Bengal, owing to protests by unwilling land losers...More

Anil slots Rs 60k cr for green energy

Anil Dhirubhai Ambani Group (ADAG)-promoted Reliance Power (R-Power) is planning to invest over Rs 60,000 crore in renewable and alternative energy resources such as hydroelectric, wind, solar and fuel cell-based power...More

Anil takes on Mukesh, again

The Ambani sibling rivalry resurfaced with Reliance Anil Dhirubhai Ambani Group Chairman Anil Ambani saying the government stands to lose Rs 40,000 crore owing to the escalating oil & gas exploration and production (E&P) costs projected by Reliance Industries (RIL), controlled by elder brother Mukesh...More

Kingfisher to cut 300 jobs

Barely a fortnight after it launched international operations and integrated low-cost carrier Simplify Deccan with it, Vijay Mallya-promoted Kingfisher Airlines plans to lay off at least 300 employees, official orders for which are to be conveyed on Monday...More

Slowdown woes

The turmoil in global financial markets and a slowdown in demand from major consuming economies are weighing heavily on metal stocks...More

Govt revives plan to take FIIs out of FDI sector limits

The government is considering a proposal, first raised in 2004, to liberalise norms governing foreign institutional investors (FIIs) by removing them from the ambit of sectoral limits on foreign investment...More 

Farmers in Dharwad eagerly await the Nano plant

Some farmers in Singur might be vehemently opposed to the acquisition of land for Tata Motors’ Nano car factory. But in Dharwad, 425 km north of Bangalore, farmers couldn’t be more elated at the prospect of the car plant being relocated on their land...More