Bats for 6-10 large multi-product SEZs like in China
FM makes case for several SEZs Finance Minister P Chidambaram said, on Saturday, that the country needs not more than 6-10 multi-product SEZs.
To focus on fostering R&D activities
Biotech policy in two weeks "The proposed policy would focus on incentivising research and development activities in biotechnology by way of public-private-participation and we would give a final shape to the policy within the next couple of weeks," Minister for Science & Technology Kapil Sibal said.
FE reserve swells by $3.5 billion Surging inflows of US$3.568 billion swelled the reserves past the US$250-billion mark at US$251.330 billion.
SAYS $6.7 B BID TOO LOW
BEA is worth more, board tells Oracle BEA Systems Inc rejected a $6.7 billion takeover bid from Oracle Corp on Friday, throwing the company into play by saying the unsolicited offer was too low.
CHARGED WITH AIDING AND ABETTING APARTHEID
Citi, IBM, GM & others face $400 b suit The US Court of Appeals in New York, on Friday, reversed a lower court ruling and said companies may be liable for "aiding and abetting" a government's violations of international law. Among more than 50 defendants in the case are JPMorgan Chase & Co., General Motors Corp., Exxon Mobil Corp., and Credit Suisse Group.
The building of the new 'BMW World' can be seen beside BMW's headquarters on the right in the southern German city of Munich on Friday.. The 'BMW World' is set to open its doors to the public 20 and 21 October 2007. AFP
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