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A vacation bench of the Karnataka High Court declined to entertain the appeal of the company's export division and asked them to deposit the amount by Wednesday evening.

 
 
The brothers, promoters of Rs 2,500-crore Sanghi Group, are fighting a protracted battle for control of Group companies and have begun fresh negotiations.
Tata Group's associate Roots Corporation operates chain of budget hotels all over the country. The company refused to divulge details of the cost of expansion plan.
Emami's bid was turned down in favour of Reckitt Benckiser, which had submitted a bid of Rs 3,260 crore for the acquisition of Paras Pharmaceuticals.
Edinburgh-based Gammell, on his third trip to India since announcing a deal to sell up to 51 per cent stake in Cairn India, is believed to have met PMO officials too.
Chinese Premier Wen Jiabao assures India Inc that China is ready to open its markets to bring down India's soaring trade deficit with its Asian neighbour.
"Radia must have thought BT is going to ask only those questions that she wants. However, she realised that wasn't the case when our story came out."
 
 
The collaboration will enable the two steel companies to cut costs and share raw material linkages, Ispat Industries Executive Director Anil Surekha said.
Besides the Tatas, a number of other Indian companies are also looking to ramp up their business, as the two countries have set a $100-bn target for bilateral trade.
Vedanta had on August 16 announced buying Cairn Energy's 40-51 per cent stake in its Indian unit (Cairn India) and an additional 20 per cent through an open offer.
Deepak Kapoor will take over from Gautam Banerjee, who will relinquish office on December 31. Banerjee would continue as Executive Chairman of PwC Singapore.
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