Rajnath Singh apologises for mistakes, improper decisions
Former BJP president Rajnath Singh, whose tenure witnessed a bitter infighting among leaders especially after the 2009 Lok Sabha debacle, on Thursday apologised for any mistakes or wrong decisions during his term.

No plans to divest stake in Shipping Corp, Dredging Corp: Govt
The govt has no plans to divest stake in Shipping Corporation of India and Dredging Corp of India, a senior govt official said today.

Citigroup sells shares worth Rs.480 cr of 35 Indian firms
Foreign fund house Citigroup Global has sold shares valued over Rs 480 crore of 35 Indian companies, including bluechips like Reliance Industries, Wipro and Infosys.

RIL ups offer for LyondellBasell
Reliance Industries Ltd has recently sweetened its offer to buy a controlling stake in bankrupt chemicals firm LyondellBasell Industries, a source familiar with the situation told Reuters.

I have committed several mistakes: Karnataka CM
Amid reports of fresh bout of dissidence in the ruling BJP in Karnataka, Chief Minister B S Yeddyurappa today said he has "committed several mistakes" after assuming charge and assured people that such mistakes would not recur.

No interest in buying stake in Swaraj Mazda: Tata Motors
Auto major Tata Motors today said it has no interest in acquiring stake in commercial vehicle maker Swaraj Mazda.

VW says it acquires 49.9% stake in Porsche
German auto maker Volkswagen has announced that it had acquired a 49.9-percent stake in luxury sports car-maker Porsche for 3.9 billion euros.

IOC to have 26-49% stake in nuke power plant with NPCIL
Indian Oil Corp, the nation`s largest oil firm, on Monday said it will take 26-49 percent stake in the Rs 10,000-crore nuclear power plant it will set up in collaboration with the Nuclear Power Corp of India Ltd.

ABG Shipyard sells stake in Great Offshore
ABG Shipyard,which is locked in a takeover battle for Great Offshore with Bharati Shipyard, today sold 8.27% stake in the offshore drilling firm, but said that its open offer for additional stake will start from tomorrow.

Govt clears stake sale by Sistema-Shyam to Russian agency
The government has cleared a proposal by the CDMA telecom operator Sistema-Shyam to sell up to 20 per cent stake to a Russian state entity, which will bring in FDI worth Rs 3,051 crore.