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Turf war to regulate spot commexes hots up
There is increasing jockeying for the power to regulate the emerging electronic spot commodity exchanges. The latest bid is from the Union agriculture ministry, which has said spot exchanges should come under their jurisdiction. Pending a decision on the turf issue, trading in electronic warehouse receipts on the floor of spot exchanges has been delayed. There are three spot exchanges in the country

Anil Ambani seeks gas for Samalkot project

With completion of its 2,400-Mw gas-based power project at Samalkot in Andhra Pradesh, Reliance Power has made a case for gas allocation with the government. Its chairman, Anil Ambani, has written to

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Mover & shaker

Pulok Chatterjee, perceived as being close to Sonia Gandhi, has joined the Prime Minister’s Office. His brief is to get things moving. Santosh Tiwari on the

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Strong man minister

Communications and IT Minister Kapil Sibal is not just a feisty debater on TV and in Parliament. He proved a redoubtable opponent for media photographers and camera crew who were rowdily jostling

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Nifty up 11% in Jan series

The rollover of the January series derivatives contracts to the February series was higher than the previous two months, as most participants rolled over their long positions, expecting the current

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Anil Ambani's Reliance DreamWorks bags 11 Oscar nominations
Anil Ambani-owned Reliance DreamWorks' projects "War Horse", "The Help" and "Real Steel" Tuesday bagged 11 nominations for the 84th Academy Awards. The prestigious best

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