Just a few days after launching a bid, Macquarie Bank withdrew from the hotly contested takeover battle for Patrick , Australia's biggest cargo handler.

ECONOMIST: Business this week

So, many are not surprised that existing members of the former royal family contested a petition of a devotee in the Supreme Court seeking a state takeover of the showpiece temple on the grounds that its controllers were incapable of protecting its riches.

BBC: The feisty Indian kings and their temple treasure