DAILY HEADLINES,16/05/07

1. Young India author Rana Dasgupta has been short-listed for Britain's National Short Story Prize, which is considered world's biggest award for a single short story.His first novel, Tokyo Cancelled, was published in 2005.


2. 4 handsets were seized from controversial RJD MP Md Shahbuddin in jail raid.


3. Jet to raise funds for JetLite.


4. Mahindra surrender NFL title to Dempo.


5. Private equity firm Cerberus bags chrysler group.