TRADE / Talks mean give and take, not take and take
We will not brook any inequity, India tells US India issued a stern warning, on Friday, to its trading partners, especially the United States, at the World Trade Organization that the take and take approach adopted by them in liberalising global trade in services will not be tolerated.
MARKETS / Select firms chosen to send tacit message
Sebi cracks compliance rule whip on top 20 cos The Indian stock market regulator Securities & Exchange Board of India, has in the past two weeks issued notices to 20 large companies that have not complied with corporate governance regulations.
Google buys the start up Zingku Googles quest for devotees in the booming world of mobile online services continues with its purchase of a start up company that streamlines sharing pictures, messages and more via smart phones.
REMEDY WAS WELL-CRAFTED & HAS BEEN SUCCESSFUL
US Justice bats for Microsoft as States seek their pound of flesh The US Justice Departments top antitrust official called the remedy in Microsoft Corps US antitrust case well-crafted and successful, and urged US and European Union officials on Friday to be cautious in fighting abusive monopoly behavior.
Merrill Lynch & Citi pick stake in commodity bourse Financial Technologies India, on Friday, expanded its shareholder base further by divesting its equity capital in favour of Merrill Lynch and Citigroup as part of its strategy.
Used cars are offered for sale in Glendale, Calif., Wednesday, Sept. 26, 2007. The economy rebounded with a good head of steam in the spring before a credit crisis raised new fears about longer-term business health. The Commerce Department reported Thursday Sept. 27, 2007, that the economy grew at a 3.8 percent annual rate in the April-to-June quarter, the strongest showing in just over a year. AP Photo
Is Sonia Gandhi trying to promote dynastic rule by appointing her son Rahul as general secretary of the Congress? Will Rahul be able to revive the fortunes of the party in the next Parliament elections? Deccan Herald had invited its readers to send in their opinions. Rahul has been hailed as a young and promising leader by several readers who have appreciated Sonia’s move. However, there are several others who have questioned the credibility of the Congress party in appointing Rahul, who they say is a novice.
