Ratan Tata's Tata Steel, in its biggest ever acquisition, purchases London-based Corus Group Plc, for £ 4.3 billion, to become the fifth largest steel producer in the world. (Bloomberg)
The life ban on Mohammad Azharuddin may be repealed by BCCI, even as it enters into crossroads with International Cricket Council over the authority to repeal life bans on national cricket players. Azharruddin was banned from playing cricket for life by the Indian board (BCCI) in 2000 after a federal inquiry found him guilty of match-fixing.(CricInfo.com)
