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INTERNATIONAL
Chrysler’s Smart Car selling more in Italy than in France
Rome: Rome's crazy traffic jams and the lack of parking space have proved a boon for DaimlerChrysler, builders of the mini two-seater Smart car, which is selling better in Italy than in France, where it is built.

NATIONAL
RBI okays ICICI Ltd's merger with ICICI bank
Mumbai: The Reserve Bank of India (RBI) on April 26 gave its nod to the merger of ICICI Ltd with ICICI Bank Ltd, paving the way for the merged entity to become the first universal bank in the country.


Govt to disinvest in NALCO, but no privatisation
Angul: Despite the Centre deciding to disinvest 30 per cent of its shares in the National Aluminium Company Ltd (NALCO), the profit-making company would not be privatised, Minister for mines Ram Vilas Paswan said on April 25.

No move to close down HMT, revival package on anvil
New Delhi: There is no move to close leading public sector enterprise Hindustan Machine Tools (HMT) and a special package has been proposed to revive it, Lok Sabha was informed on April 26.

Share prices open on promising note on BSE
Mumbai: Share prices opened on a promising note reversing overnight negative trend on Bombay Stock Exchange (BSE) on April 26 following bottom-fishing by operators.