SC stay on oil PSUs to affect investments 
Reforms are fine, high deficit is not, World Bank tells India 
DUBAI: World Bank today patted India for its reform policies, which have led to high growth and significant poverty reduction.

Launches website for dealing in old cars 
Maruti True Value to deal in non-Maruti cars 
BANGALORE: Maruti True Value (MTV), a venture of Maruti Udyog Ltd (MUL), which currently buys and sells only pre-owned Maruti cars, will now deal with pre-owned cars of all non-Maruti brands as well.  

Dismisses IT dept plea against Velliappa Textiles Delinquent firm cannot be  imprisoned, says SC 
NEW DELHI: The Supreme Court, in a majority view, has held that a delinquent company, being a juristic person, is not liable for criminal prosecution which attracts both fine and jail term.  

WTO talks collapse 
EU lost on moral grounds: Jaitley 
NEW DELHI: The European Union has lost on “moral grounds” to bring in the contentious Singapore issues into the work programme of the World Trade Organisation (WTO) after it ......

FE kitty up by $491 m 
MUMBAI: India’s foreign exchange (FE) reserves moved up further following fresh inflows of US$ 491 million to US$87,856 million during the week ended September 12, 2003. 

Indian Bollywood film actress Sonali Bendre smiles as she poses with staff as she launches a new Domino's Pizza outlet in DLF City Centre, Gurgaon, 20 September 2003. Gurgaon some 30 kms from India's capital New Delhi is a new development of businesses, housing and entertainment complexes which have been constructed in the past six years catering to the boom in India's upwardly mobile population. 

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