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Chhabria's mother claims share in Shaw Wallace
Ranibai Rajaram Chhabria, mother of the late Manohar Rajaram Chhabria, has challenged the merger of Shaw Wallace with Vijay Mallya-promoted United Spirits, saying she was entitled to a fifth of her deceased son"s estate.

Dish TV: Timely move
The $100-million (Rs 470-crore) equity infusion through issue of global depository receipts (GDRs) to US-based buyout specialist Apollo Management and Rs 410 crore expected from the third tranche of its rights issue should help India’s largest direct-to-home (DTH) service provider, Dish TV, increase its subscriber base and post an improvement in performance.

News of the day

Videocon to roll out 15 more handsets, eyes 3G phone
Conglomerate Videocon, which has forayed into mobile handset space, has said that it plans to achieve a pan-Indian presence by end of February and roll out 15 more models of handsets in two months.
Business Ideas

White paper on Rly's financial health likely on Dec 21

Amid increasing concern over financial health and rising operating cost, Railway Minister Mamata Banerjee is expected to table a white paper on the actual condition of the PSU on December 21, the last day of the winter session of Parliament. She will also present "Vision 2010" document, spelling out railways various plan of action for the coming decades.


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