NEWS DIGEST: Top Newspaper Headlines
Banks, MFs may get to short-sell
Short-selling by big players will help insulate market against sharp fluctuations
Carrefour talks may help mend Wadia-Danone ties
The govt has asked Danone for details of its investments in Avesthagen, following Wadias' complaints
Tatas pick up 21% in Corus for $2.3 bn
Wants to play it safe ahead of shareholders meet
The Hindu Business Line
Cabinet okays Ordinance to make it mandatory
Volvo cars on Indian roads this year
Milk powder exports banned
Exports banned till Sept 30
The Financial Express
RBI relents, lets HSBC CEO Kidwai sit on Nestle board
However, bank can't have a credit relationship with Nestle
Tata Steel to float $500 mn in bonds to service debt
Bond tenure likely to be 10 years
The company will pursue gas-based projects in both countries
Daily News & Analysis - Money
Tata says Corus UK recast imperative
Its's not a competitive steel company as it stands, says Muthuraman
Anil says 'conservative' Hutch bid in 'few weeks'
Hindujas to begin due-diligence from Monday
i-flex to snap up BPO firms in Europe
Expects more clients from there, Japan and the US