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Rs.4.64 billion MSTC fraud - CBI nabs three
Mumbai, May 2 (IANS) The CBI has arrested three more officials of the Mineral Scrap Trading Corp (MSTC), a central government mini ratna firm, for allegedly cheating and causing losses Rs.4.64 billon loss to the exchequer, an official said Wednesday. Two officials - MSTC Kolkata's former chairman and managing director Malay Sengupta and former chief general manager in the same office - were nabbed

Tough scrap metal rules challenged in Cincinnati
A scrapyard has filed a lawsuit against Cincinnati, saying a new ordinance placing restrictions scrap metal sales will drive away customers.

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Icahn goes to Commercial Metals holders with bid

Billionaire investor Carl Icahn is taking his buyout offer that values Commercial Metals Co. at $1.73 billion directly to the company's stockholders, a day after the scrap-metal processor rejected

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Bradley replaces Paterno as Penn State coach
Tom Bradley's eyes welled up when he was asked about his former boss.

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Bradley replaces Paterno as Penn State coach
Tom Bradley's eyes welled up when he was asked about his former boss.

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Indian Bank scraps plan to rope in partner for mutual fund business

Explores optionsof merging mutual fund asset management company with itself. State-run lender Indian Bank has scrapped its plan to rope in a strategic partner for its mutual fund business because of

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