TOP 7 BUSINESS NEWS IN THIS DECADE :::

1.Tata Tea's buyout of Tetley Tea, UK, for $431.3 million on February 27, 2000, was by far the largest cross-border acquisition of an international brand by India Inc.

2.The Golden Quadrilateral (GQ) project, which entailed four-laning of the highways connecting New Delhi, Mumbai, Chennai and Kolkata, was unique in its sheer scale 5,846 kilometres at a project cost (at 1999 prices) of Rs 24,000 crore. It has dramatically reduced travel time for goods and helped save Rs 8,000 crore a year through fuel consumption savings and lesser wear and tear of vehicles.

3.Deccan Airlines: Starts Ops and Makes Aviation 'Non-elite'
Low-cost airlines not only gave wings to millions of Indians who had not flown before, but also captured the attention of the government and investors, thanks to the critical mass of air travellers they created.

4.Introduction of VAT: India's Most Under-Celebrated Reform
When value-added tax (VAT) replaced sales tax across most Indian states on April 1, 2005, it represented the biggest indirect tax reform in the country. It made doing business easy by rationalising taxes (from 60-70 different tax rates, to just six) and tax revenues increased by 20 to 27 per cent,"

5.Indo-US Civilian Nuclear Deal: Set to Power India's Future Growth. India wants to increase nuclear power generation from the current 4,000 MW to 20,000 MW over the next decade in order to meet its soaring energy needs. This agreement, signed on October 10, 2008.

6.Satyam Scandal: Showed Corporate Governance Can Be Skin-deep
It was dubbed 'India's Enron.' The Rs 7,000-crore fraud (it is now over Rs 10,000 crore and rising), the biggest in India's history, wiped off $2-billion worth shareholder wealth in the week that followed Ramalinga Raju's confession on January 7 this year.

7.Tata Nano, with its frugal, out-of-thebox engineering, created automotive history, established India's credentials as a leader in technology and innovation, and sent almost all the global car makers scurrying to their drawing boards.
It took 500-odd engineers four years to translate Tata's vision an ultra low-cost car (costing just Rs 1 lakh) which adhered to regulatory norms into a reality. It was by no means easy.