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Mohan Babu to file case against TRS chief K C Rao
A day after alleged TRS activists attacked the shooting unit of a movie produced by his firm, noted Telugu actor M Mohan Babu today said he would file a case against K Chandrasekhar Rao for making "inflammatory speeches" against people of Andhra and Rayalaseema regions.

SAIL, NMDC divestment plans before Cabinet soon: Virbhadra
Steel Minister Virbhadra Singh today said the proposals for diluting stake in two state-run companies SAIL and NMDC will soon be taken to the Cabinet for its approval.

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Ford's union workers said to reject givebacks US rivals got
Ford Motor Co hourly employees have rejected contract concessions the automaker said it needed to remain competitive with its US rivals, said two people familiar with the outcome of the voting.
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Rel Cap Q3 net dips 52% to Rs 63 cr

Anil Ambani Group firm Reliance Capital today reported 52% decline in its consolidated net profit at Rs 63 crore for the third quarter ended December 31, 2009. - R-Infra Q3 net up 10% at Rs 277 cr - RNRL Q3 net up 3% to Rs 25 cr - Dadri farmers want more time to return compensation - Ian Lancaster new CEO of Reliance MF"s Malaysian arm - R-ADAG among suitors interested in MGM: WSJ - R-Infra wins Rs 11,000 cr Mumbai Metro-II project "Lower capital gains were booked in the quarter, owing to the planned partial stake sale later this year in the operating businesses, subject to necessary approvals. "Being the sole beneficiary of its operating businesses, the full benefit of this value unlocking will form a part of Reliance Capital"s net profit for the current financial year," the company said in release. Total income of the company declined to Rs 1,488.8 crore for the December quarter, from Rs 1,573.5 crore in the same period previous fiscal.


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