COMPANIES

• Exercise roll-over option, Essar Steel told
• AV Birla group to have holding company
• Godrej Soaps may sell brands, form JV
• Oil companies not to sign contract with Petronet
• JCT plans JV for polyester division
• Sun Life to bring in more funds for JV with Birlas
• Bilt in tie-up with Korean firm
• UTI, others to disinvest Modi Xerox shares
• Tisco Q1 net down
• Asian Paints profit up
• Cadbury India profit up by 50%
• NIIT Q3 net goes up by 34%
• Pentafour Software profit up by 62.9%
• Study recommends closure of 300 PSUs
• Ruias offer stake in Essar Oil to Oman Oil
• Dr Reddy's in pact with Omron of Japan
• Wilco acquires part of DE Shaw operations
• iMac propels Apple's Q3 profit
• BP Amoco cuts costs for mergers
• Intel forms new business unit

GENERAL

• Government to mop up Rs 5000 cr as war tax
• Cyber law on anvil
• IDBI shareholders criticise management
• BankAm re-looking at India operations
• Technology park in Goa
• Bid to renew licence of Gujarat bank
• Sun Life acquires srake in Birla Capital AMC
• Birla-Sun Life to start new schemes
• India ranked last in global competitiveness
• Low-cost airline planned

CAPITAL MARKET

• Sensex touches 4,800,comes down by 30 points
• Long-term debt market planned, says Sinha
• Depository, surveillance system inaugurated
• Gold bond scheme getting final touches
• Infy continues upward movement
• CSE turnover at all-time high
• Sebi suspends demat expansion

PEOPLE

• Birla-Sun Life JVs announce chief executives
• Sundararajan is chairman of Petronet
• Warner Bros CEOs to quit