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US Senate set to pass health care bill by Christmas
After months of tough negotiations, Senate Democrats have come together to back a sweeping health care legislation, providing a powerful boost for President Barack Obama"s top domestic policy goal that promises to extend medical coverage to 31 million Americans.

Hero Honda to expand Haridwar facility
Hero Honda has decided to expand its Haridwar manufacturing facility after resolving issues with the State Infrastructure and Industrial Development Corporation of Uttarakhand Ltd (Sidcul) to retain its hold over the 94 acres of vacant land.

News of the day

Hunger on the rise, warns UN
With over one billion people going to bed hungry, the United Nations has warned that the hunger index is rising and appealed to governments and civil societies to "leverage every tool" to combat it.
Corporate

Videocon Ind plans rights issue

Videocon Industries today said it will consider selling equity shares on right basis and has called a board meeting on October 31 to discuss the issue. - South sees 64% drop in private equity investments - Astec fixes price band between Rs 77 and Rs 82 - Go slow on themes - PE investments in South drops 64% - PE investments set to flood power sector - Ex-Baring partner to raise $250 mn The company did not specify how much it will raise from the issue and where it would deploy the funds. The company"s stock was trading at Rs 238, nearly 1.41 per cent lower than Tuesday"s close.


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