Saturday 18 May, 2013.
Business - Headlines

The panel looking into retail major Walmart's lobbying activities with American lawmakers for its entry into the Indian market is likely to submit its report to the govt in a day or two.
Opening up the prospects of export of shale gas to energy starved India, the US granted conditional authorization to export domestically produced liquefied natural gas (LNG) to nations that do not have Free Trade Agreement (FTA) with it.
Finance Min P Chidambaram has said that India offers unlimited opportunities for investment in infrastructure sector as the country needs more roads, airports and seaports.
India has sought investment from Japan in sectors like infrastructure and electronic hardware to enhance trade relations between the countries.

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Indian American Vivek Ranadive buys US basketball team
Indian American software mogul Vivek Ranadive, who has become the first person of Indian descent to become the owner of a major US basketball team, plans to build the Sacramento Kings into a global brand.
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