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According to Food and Agriculture Minister Sharad Pawar the suggestion for decontrolling the sugar domain shall be all set within next 10 days and passed on to other ministries for discussions.

At the moment the sugar segment is under the government's jurisdiction. The Food Ministry apportions the monthly allowance that the mills vend in the open market, and also via ration shops. Apart from this the mills are expected to sell 20 per cent of their production to the government for allocating under the PDS.

The net profit at Infosys dived by 2.4 per cent and now trailing at Rs 1,488 crore during the end of June quarter, predominantly due to high staff expense and foreign exchange instability but the group on Tuesday managed to climb ladders of its revenue attitude to 21 per cent for FY11.

The group decided to weather an outburst of vague global economic atmosphere for comprehending earnings stance of 19-21 per cent, which is lofty than 16-18 per cent declared in the preceding quarter.

On Tuesday, Agriculture minister Sharad Pawar said that soon the government will be preparing a blueprint for tightly and properly regulating the sugar sector.

This, he said, will be available within next 10 days and would be put before the cabinet in 3 months time for their consideration.

One of the leading cellular providers in India, Vodafone Essar on Tuesday came out with a special bonus offer. This is for the prepaid customers of the firm and is considered to one of the lowest cost denomination present in India.

The price of the package will be for Rs.4 and has started to appear in the market. The main aim, said the company, is to keep even the people at the grass root level connected and that is going to be Vodafone's market.

TVS Motors has denied news reports that said it is going to buy out the assets of LML India. Earlier a private news channel, CNBC TV 18 had said that it is planning to buy the assets of LML.

The report quoted some sources and said that TVS will be buying the assets of one of the leading manufacturer of scooters in India. This was to happen since the company is planning to increase its portfolio in the scooters segment.

On Tuesday the Exide Industries Ltd. reported a 35 percent mounted in the month of April-June the net profit on elevated sales and improved margins, thumping the analysts' prospects.

According to Vaishali Jajoo, the analyst at Angel Broking the total quantity development was sturdy and elevated volume growth has considerably sustained the top line development of the group.

During the month of April-June the Exide group recorded a net profit of 1.65 billion rupees evaluation with 1.22 billion rupees a year before. The Net sales hiked by 11.5 billion rupees from 9.03 billion rupees.