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  1. Rates may rise again: HDFC (rediff.com)
    www.rediff.com
    The country's largest home loan player HDFC on Wednesday said that it may have to raise lending rates further if the Reserve Bank of India (RBI) increases key policy rates in the forthcoming monetary policy review on July 29. HDFC has been arguing that the effective borrowing cost is a little over 5 per cent if the tax benefits are included.
  2. InBev raises Anheuser bid (San Diego Union-Tribune)
    www.signonsandiego.com
    Shares of Anheuser-Busch and Belgian brewer InBev climbed sharply yesterday as the two began friendly talks to create the world's largest brewer in a deal for about $50 billion. Anheuser, the maker of Budweiser and a stalwart of American pop culture, agreed to talk with its unwanted suitor after InBev raised its offer to $70 a share in cash, from $65 a share, people briefed on the matter said.
  3. Postal worker derails reshipping scam (Mobile Press-Register)
    www.al.com
    Sandra Scott's tale of woe and deception begins the way so many do in the era of modern communication: She met a man on the Internet. UNICEF. She agreed to help his efforts to aid orphans in Africa.

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