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SC quashes criminal proceedings against Coca Cola manager
The Supreme Court has quashed criminal proceedings initiated against a Coca Cola company official in a case allegedly involving spurious Limca.

If whirled up in Dubai's crisis, Emirates may set a lower course
If Emirates airline is caught in the Dubai debt crisis, it may force the carrier to moderate its expansion, which could hurt aircraft manufacturers like Boeing and Airbus, as it has placed orders worth $55 billion with them.

News of the day

IPL team owners may hold back franchise payment
The eight team owners of the Indian Premier League (IPL) are all set to lock horns with the Board of Control for Cricket in India (BCCI) by refusing to pay their next instalment of the franchisee fee which is due in January 2009.
Business Opportunities

No leaks please

Telecom Minister A Raja has been served a “gag order” against the backdrop of the 2G spectrum controversy. According to top sources in the UPA government, Finance Minister Pranab Mukherjee recently summoned Raja and told him not to speak to the press about the 3G auction. He has also been strongly advised to ensure that intra-ministerial communications and letters don’t reach the press through his office. Recently, Raja’s letter to Mukherjee, seeking his intervention for getting the defence ministry to vacate 3G spectrum, was leaked to the press. Mukherjee was extremely upset at this.


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