Ishant Sharma is going through a tough phase in his career. Having been ignored for the Zimbabwe tri-series and the India ‘A’ squad, the Delhi speedster was, not surprisingly, overlooked for the Asia Cup.

In the spirit of truce arrived at with his elder brother, Mr Anil Ambani on Tuesday dropped a Rs 10,000 crore defamation suit against Mr Mukesh Ambani in the Bombay High Court.

The country’s largest lender, State Bank of India (SBI), on Tuesday said that it is awaiting the Reserve Bank’s approval for picking up a stake of about 30 per cent in Tata Motors Finance.

The Union finance minister, Mr Pranab Mukherjee, on Tuesday indicated that there would be a further roll back of the stimulus package as there are positive signs of economic growth not only in GDP but also in international trade. Both exports and imports in the non-oil sector (chemical goods) registered a positive growth for six consecutive months since November.

Mohammed Tahir Merchant, alias Takliya (53), one of the 29 absconding accused wanted in the 1993 serial bomb blasts was extradited from Dubai on Tuesday. Central Bureau of Investigation (CBI) had got a red corner notice issued against Merchant.

City-based bookies are expecting to make huge profits in the upcoming Football World Cup and have estimated business to reach Rs 400 to 500 crores. According to the bookies, the reason for the business is the match timings, which will be conducive for Indian viewers.

Shiv Sena chief Bal Thackeray on Tuesday said that with “the IPL fraud”, Union agriculture minister Sharad Pawar’s political career has taken a major hit. Mr Thackeray claimed that the Congress is using the IPL to marginalise Mr Pawar’s influence in the national politics as well as in Maharashtra and there will be new allegations hurled at Mr Pawar every day on the behest of the Congress.

Hindalco, the Rs 60,722 crore flagship company of the Aditya Birla group said that it is scouting for copper mines and was close to getting one.
While, he declined to reveal any details, Mr D. Bhattacharya, MD of Hindalco said 40 per cent of their requirement of concentrate comes from their own mines and they w

Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1600 MW super-critical thermal power project in coastal Maharashtra, a top company official said.

Indian’s have always been notorious gold bugs, but the fever now seems to be spreading. As stock markets, banks and even governments wobble, more and more investors are finding solace in gold.