Latest News from Business Section http://www.ibnlive.com/index.html Wed, 09 Jul 2008 12:06:07 +0100 IBNLive.com http://www.ibnlive.com/pix/common/ibnlogo.jpg http://www.ibnlive.com/index.html Feed provided by IBNLive. http://www.ibnlive.com/news/us-billionaire-investor-confirms-interest-in-spicejet/68532-7.html?xml <img src="http://static.ibnlive.com/pix/sitepix/07_2008/spicejet_wilbur_ross_90.jpg" alt="NEW INTEREST: Wilbur Ross specialises in leveraged buyouts and is known for restructuring failed companies in industries." title="NEW INTEREST: Wilbur Ross specialises in leveraged buyouts and is known for restructuring failed companies in industries." border="0" width="70" height="50" align="left" hspace="5"/>Sources reveal both the parties are in advanced stage of talks. IBNLive.com editor@ibnonline.com http://www.ibnlive.com/news/68532/7 http://www.ibnlive.com/news/mtnreliance-communication-talks-extended-to-july-21/68552-7.html?xml <img src="http://static.ibnlive.com/pix/sitepix/05_2008/reliance-mt90.jpg" alt="IN TALKS WITH RCOM: When the talks began, MTN had a market capitalisation of $38 billion." title="IN TALKS WITH RCOM: When the talks began, MTN had a market capitalisation of $38 billion." border="0" width="70" height="50" align="left" hspace="5"/>MTN and Reliance Communications started talks on May 26. IBNLive.com editor@ibnonline.com http://www.ibnlive.com/news/68552/7 http://www.ibnlive.com/news/pepsi-drops-tendulkar-opts-for-crickets-youngistan/68483-7.html?xml <img src="http://static.ibnlive.com/pix/sitepix/01_2008/sachin-icon90.jpg" alt="RIGHT CHOICE? Tendulkar, with a fee of Rs 3-4 cr per brand endorsement, is the highest paid cricketer of his generation." title="RIGHT CHOICE? Tendulkar, with a fee of Rs 3-4 cr per brand endorsement, is the highest paid cricketer of his generation." border="0" width="70" height="50" align="left" hspace="5"/>Pepsi has decided to focus on younger cricketers instead of Tendulkar. IBNLive.com editor@ibnonline.com http://www.ibnlive.com/news/68483/7 http://www.ibnlive.com/news/oil-prices-slide-to-less-than-142-per-barrel/68500-7.html?xml <img src="http://static.ibnlive.com/pix/sitepix/04_2008/biofuel_impact_90.jpg" alt="FUEL FOR THOUGHT: Iran's flexibilty over N-programme indicates a further slump in prices." title="FUEL FOR THOUGHT: Iran's flexibilty over N-programme indicates a further slump in prices." border="0" width="70" height="50" align="left" hspace="5"/>Increase in oil prices to about 50 per cent earlier had raised concerns. IBNLive.com editor@ibnonline.com http://www.ibnlive.com/news/68500/7 http://www.ibnlive.com/news/beggars-too-feel-the-inflation-pinch/68390-7.html?xml <img src="http://static.ibnlive.com/pix/sitepix/11_2007/beggars_bodhgaya90.jpg" alt="RISING COSTS: The daily collection of the beggars is dwindling fast and they blame skyrocketing inflation for it." title="RISING COSTS: The daily collection of the beggars is dwindling fast and they blame skyrocketing inflation for it." border="0" width="70" height="50" align="left" hspace="5"/>Life for scores of beggars at the city's traffic intersections is no longer good. IBNLive.com editor@ibnonline.com http://www.ibnlive.com/news/68390/7 http://www.ibnlive.com/news/high-inflation-fails-to-dampen-kidswear-market/68464-7.html?xml <img src="http://static.ibnlive.com/pix/sitepix/07_2008/70708kidswear90.jpg" alt="BOOM TIME: Brands like Reebok, which is launching Reebok Juniors are trying to cash in on the growing market." title="BOOM TIME: Brands like Reebok, which is launching Reebok Juniors are trying to cash in on the growing market." border="0" width="70" height="50" align="left" hspace="5"/>Indian kidswear market expected to grow by 30 per cent. IBNLive.com editor@ibnonline.com http://www.ibnlive.com/news/68464/7