COMPANIES

• Reliance hikes holding in BSES
• Infosys can issue ADR as ESOP
• JRD Quality Value award for Tisco
• Hinduja-National Power replaces J-Exim
• Insolvency case against Damania
• Hughes Ispat to hike capital base
• Shriram group plans JV for AC business
• Sterlite to acquire more copper mines
• Nicholas Piramal plans health insurance venture
• ACC net profit down
• Nestle posts 40% hike in profits
• Zee profit up 41%
• Sumitomo moves against Credit Lyonnais
• Cadillac to forgo crest
• Cox eyes Gannett's cable TV assets

GENERAL

• LIC, GIC against dilution of stake in ICICI
• Election Commission seeks report on telecom package
• IT department to tap telephone directories
• 17 companies interested in Bangalore airport
• Indian Bank losses at new high
• RBI waives interest surcharge for petro imports
• EDC of Canada to finance rail projects
• Record loan approvals by World Bank

CAPITAL MARKET

• Infotech stocks in limelight again
• UTI told to stop assuring returns
• OTCEI plans long-term strategy
• 6 exchanges face extinction, says Sebi
• Advisory panel on MFs
• P1 rating for Godrej GE paper
• Andhra Bank IPO

PEOPLE

• Suresh Bala is Channel [V] head
• Sunil Gautam, Ashok Kurien in PR start-up