Civil Aviation Ministry working on new policy

Assocham has suggested a separate air cargo policy to tone up infrastructure.

• Expert committee under Rangarajan on sugar sector
• $2 bn aerospace, defence exports by India in 2011-12: Assocham

Struggles ahead for India Inc in convertible bonds

Over 24 Indian firms have an outstanding USD5.8 billion FCCBs that mature in 2012.

• RBI may intervene in forward forex markets: Source
• Gold up by Rs 535, silver by Rs 1,770 on strong global cues

BHEL profit jumps 14% to Rs 3,660 cr in 9 months

Sales in the Dec quarter stood at Rs 11,078.3 cr as against Rs 10,757.6 cr y-o-y.

• Mahindra Satyam, Tech Mahindra merger by 2012-end
• Bank of India Q3 net profit up 10% at Rs 716 crore

Reduce interest rates to boost housing demand: Realtors

CREDAI said the apex bank has given a signal that interest rates would come down.

• Essar Project to build Rs 225 crore Ro Ro Ferry facility in Gujarat
• Decision to levy service tax on flat, shop construction upheld

US growth quickens, but speed bumps ahead

The US GDP expanded at a 2.8 percent annual rate, the Commerce Department said.

• EU, IMF press Greece on reforms before aid flows
• Spain’s jobless rate at 17-year low, crosses 5 mn mark

Motorola posts loss, awaits Google deal approval

It could be Motorola`s last report before a planned takeover by Google Inc.

• Facebook takes on 'clickjacking' spammers in court
• Cannot censor the Web: Google to India