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Won't improve US tanker bid, says Airbus CEO

Airbus Chief Executive Tom Enders said on Saturday the European planemaker would not improve its bid to build a fleet of US Air Force aerial refueling planes.

Nokia likely to sack several executives

The world's biggest cellphone maker Nokia is likely to sack several executive board members in a management shake-up, a German weekly reported.

Gilani seeks meaningful dialogue on Kashmir

Rezaul H Laskar Islamabad, Feb 5 (PTI) Prime Minister Yousuf Raza Gilani today asked India to hold a "meaningful" dialogue with Pakistan to resolve the Kashmir issue, which he contended was at the centre of tensions in South Asia.

ICC bans Pakistan trio for five years

Former Pakistan captain Salman Butt and fast bowlers Mohammad Amir and Mohammad Asif were banned for at least five years on Saturday after they were found guilty of corruption by an International Cricket Council (ICC) tribunal.

India battles with illicit flow of funds

Big Indian outflows of illicit funds have come into the spotlight with the country's top court criticising Prime Minister Manmohan Singh's failure to crack down on flows to Swiss banks and other tax havens.

Easing visa norm, coop in counter-terrorism on Saarc agenda

The Saarc countries, at the home minister's conference in Islamabad in June 2010, had also agreed to step up cooperation in fight against terror and consider a proposal to form a Saarc Police force (SAARCPOL) on the pattern of Interpol.

Investors looking beyond Egypt

Financial market wobbles caused by turmoil in the Middle East have done little to stop investors positioning themselves for a further rally in stocks and other riskier assets as economic growth accelerates around the world.

Reopening Egypt's banks will be leap into unknown

Egypt's commercial banks will take a leap into the unknown when they reopen on Sunday after a week-long closure due to political unrest.

2G scam: Trinamool may go with Cong on JPC issue

After the hour-long meeting last night, the Finance Minister had said, "We discussed how to deal with such a situation unitedly since Congress has an alliance with Trinamool Congress and both are working together in the Union Cabinet and running the UPA government".

Swamy seeks continuance of complaint in 2G case

New Delhi, Feb 5 (PTI) Janata Party chief Subramanian Swamy today strongly pleaded for continuance of his private complaint in the 2G spectrum case before a Delhi court, which asked him whether there can be "parallel proceedings" in a criminal case when CBI was taking action in the matter.

Orissa minister resigns over dal scam after meeting CM

Bhubaneswar, Feb 5 (PTI) Orissa's Women and Child Development Minister Pramila Mallick today resigned in the wake of allegation of a Rs 700-crore scam in purchase of dal for mid-day meal scheme and Supplementary Nutrition Programme (SNP).

'India lacks courage to unearth role of Hindu extremists'

Rezaul H Laskar Islamabad, Feb 5 (PTI) On the eve of Foreign Secretary-level talks in Thimphu, Pakistan today came out with a provocative statement saying that India's handling of the Samjhauta Express train bombing case showed that it lacked "courage to unearth culpability of Hindu extremists".

Dal scam: Orissa minister resigns, action against others

"The government will initiate action against Meherda who is now heading the National Rural Health Mission (NRHM) in the state. Meherda is now outside the state on some election duty," officials said.

CBI raids in multi-crore foodgrains scam in UP

The Central Bureau of Investigation (CBI) today conducted raids at several places here, including the house and office of a local BSP leader, in connection with a multi-crore foodgrains scam.

Won't be surprised if RBI ups rates by 25%: Rangarajan

Coimbatore, Feb 5 (PTI) With spike in food inflation, C Rangarajan, Chairman of Economic Council to the Prime Minister today said he would not be surprised if the RBI hikes the rate by 25 basis points to contain it.

Egypt ruling party leaders resign, protesters unmoved

The leadership of Egypt's ruling party quit on Saturday, but the protesters who have rocked the political establishment dismissed the move as a ruse that would not deter them from their goal of toppling the president.

Buy J&K Bank; target of Rs 987: Angel Broking

Angel Broking is bullish on Jammu and Kashmir Bank (J&K Bank) and has recommended buy rating on the stock with a target of Rs 987 in its February 1, 2011 research report.

Buy IDFC; target of Rs 219: Anand Rathi Securities

Anand Rathi Securities is bullish on IDFC and has recommended buy rating on the stock with a target of Rs 219 in its January 31, 2011 research report.

Baroda Pioneer MF changes face value of 2 Schemes

Baroda Pioneer Mutual Fund has announced the change in face value of the units of Baroda Pioneer Treasury Advantage Fund and Baroda Pioneer Liquid Fund.

Buy NTPC; target of Rs 230: Angel Broking

Angel Broking is bullish on NTPC and has recommended buy rating on the stock with a target of Rs 230 in its February 1, 2011 research report.

Buy Shriram Transport; target of Rs 930: Motilal Oswal

Motilal Oswal is bullish on Shriram Transport Finance Corporation and has recommended buy rating on the stock with a target of Rs 930 in its February 2, 2011 research report.

Buy Colgate; target of Rs 1020: Anand Rathi Securities

Anand Rathi Securities is bullish on Colgate Palmolive (India) and has recommended buy rating on the stock with a target of Rs 1020 in its February 1, 2011 research report.

Hold Voltas; target of Rs 202: Way2Wealth

Way2Wealth has recommended hold rating on Voltas with a target of Rs 202, in its January 31, 2011 research report.

Hero Honda Motors an underperformer: LKP

LKP has recommended an underperformer rating on Hero Honda Motors with a target of Rs 1527 in its February 3, 2011 research report.