1) Match fixing has once again took the centerstage in cricket when Pakistani players Mohammed Asif and Mohammed Ammer were alleged to have taken money from a bookie for bowling no balls. ICC has tried a lot to fiight the demon of match fixing but all efforts have lead to much success. And the unfortunate part is that Pakistani cricket, which already is struggling with internal politics and teams refusing to play in Pakistan, has been linked to match fixing on almost all times whenever a match fixing racket has been busted.
2) Vedanta's bauxite mining project in Niyamgiri hills of Orissa has been rejected by the Environment minstry for violating many forest acts. The project was worth $1.7 Billion. Environment Minister jairam Ramesh also said that Orissa government had also violated the forest act.
3) In a surprise move, which would shock IT C's CEO Y V Deveshwar, Mukesh Ambani bought 14.12% of promoter's stake in East India Hotels, the owners of the Oberoi chain of hotels. EIH expected a hostile bid from ITC which already hass IHC under its umbrella.
4) Arjun Atwal became the first Indian to win in US PGA tour with a victory in the Wyndham Championship and is the first qualifier to win since 1986.
5) Finally, with the Tata group looking for a new Chairman as the backdrop, this link below, an article from business world , 2003edition, is an interesting read:
www.businessworldindia.com/august/coverstory01.asp