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Industry fiercely protects right to pay CEOs
Corporate India today warned the government that any regulation of CEOs" pay may lead to flight of talent and capital from the country and said salaries are best decided by the industry.

Going against the crowd
Contrarians, depending on their risk appetite, can enter aviation or maritime stocks

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Kraft may raise $16 billion offer for Cadbury
Kraft Foods Inc, the world’s second-largest food maker, may increase its 9.8 billion-pound ($16 billion) bid for confectioner Cadbury Plc by Monday’s deadline to keep its takeover attempt alive.
Public Relations

Bharti, RCom seek telecom corridor via Bangladesh

Indian telecom majors Bharti Airtel and Reliance Communications (RCom) have sought to build a fibre optic network in Bangladesh to get connected to the isolated north-eastern states, a report said on Sunday. - New entrants no sweat for existing telecom players - SA Treasury processing MTN application on deal with Bharti - Bharti to launch 3G service by Oct 2010 - Reliance Infratel plans Rs 5,000-crore IPO - RCom prepays term loan worth Rs 5,000 cr - Aircel, RCom in talks for $300-mn infra sharing deal Bharti Airtel and RCom recently submitted a joint proposal to Bangladesh Telecommunication Regulatory Commission (BTRC) to connect India’s seven sisters in the north-east, offering Bangladesh access to the alternative submarine cable in exchange, the Daily Star newspaper said. The seven north-eastern states now get telecom services through VSAT (very small aperture terminal) at a high price. A BTRC official confirmed the report and said that as per the proposal, Bangladesh could use the companies’ undersea cable network as an alternative to the lone submarine cable SEA-ME-WE-4.


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