30% India Inc owned by foreigners. So? (Rediff.com) Should it

30% India Inc owned by foreigners. So? (Rediff.com)
Should it worry us if 30% of publicly quoted Indian companies are owned by foreigners? No, but watch further developments, says T N Ninan.

Detroit's 'Big Three' Automakers Launch New Incentive Programs
General Motors, Chrysler and Ford announce new programs in efforts to boost slackening year-end sales.
Perry Stern

Local seniors bemoan change in holidays (Journal Advocate)
STERLING - This Christmas 16-year-old Tanner Johnson will travel six hours away to Nebraska. While it's certainly not a trip worthy of "Planes, Trains and Automobiles," it's a change from the Christmases of yore even the Sterling High junior has noticed.

Flood Damage: Don't Get Soaked When Buying a Used Car
Carfax provides guidance and tips to help you spot vehicles with potential water damage.
Editors of MSN Autos

Fibers firm weaves right mix (Richmond Times-Dispatch)
The managers and employees of Performance Fibers Inc. are ending 2005 with fewer uncertainties and more confidence than they began the year. A little more than a year ago, the Colonial Heights-based manufacturer of polyester and other synthetic fibers was looking for a home.