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North or South, TV viewers speak one language
Are Hindi-speaking markets and the four southern states really poles apart on TV viewing habits?

India Cements to raise stakein Indo Zinc
The southern cement major India Cements is going to considerably increase its recently acquired holding in Indo Zinc in Rajasthan. Indo Zinc holds a limestone mining lease in Rajasthan — an indispensable input for manufacturing cement.

News of the day

CM hints at action against dissident ministers
As the three dissident ministers continued their defiance against him, chief minister B S Yeddyurappa today talked tough, hinting at "stern action" against them. "These people cannot cow me down. They are worried about my popularity graph," Yeddyurappa told reporters here, as he hit back at the three ministers who had launched a strong attack on him at a function in their home district of Bellary yesterday.
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IT searches at ABG Shipyard offices, official residences

Income Tax authorities are carrying out search operations at various establishments of the shipbuilding and repairing firm, ABG Shipyard, for alleged tax evasion, an Income Tax Department source has said. - I-T raid on ABG Shipyard offices, official residences - Bharati hikes open offer for Great Offshore to Rs 560/share - Stock price of Great Offshore unsustainable: Analysts - Current stock price of Great Offshore unsustainable: Analysts - ABG Shipyard gears up to match Bharati"s open offer - Sebi may ok Bharati"s offer for Great Offshore in 10 days The searches are being carried out in about 26 establishments — both office complexes as well as residences of company officials — across four cities, the source said. The raids are being carried out in Mumbai and Surat, Dahej and Bhuj (in Gujarat), the source said, adding these are being conducted by the Director, Income Tax (Investigation) Unit 1. An official of the company, who asked not to be identified, confirmed the IT raids saying these started at 7 am today.


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