Ratan Tata's Tata Steel bids to purchase London-based Corus Group Plc, for US $7.6 billion, to become the sixth largest steel producer in the world. Tata Steel is currently in 56th place. (Bloomberg)
Lashkar-e-Taiba founder and leader of Jamaat-ud-daawa (JuD) Hafiz Saeed, who was released early after 71 days in detention, proclaims India as Pakistan's "eternal enemy". (The Hindu)