COMPANIES

• Telco will soon have a MD, says Ratan Tata
• Titan talking to Swatch for tie-up
• BPCL to export naphtha
• Cipla eyes US market, to set up new formulation units
• Walden acquires stake in Transaction Technologies
• ICICI invests in Plexus Technologies
• UTI seeks 10 lakh additional ACC shares
• Maruti sells record number of cars
• Piaggio in destabilisation game, alleges LML
• Gujarat Hi-Tech plan off
• Indian Seamless, Kalyani Seamless to merge
• Ecoboard to set up power plant
• Videocon to enter internet business
• New media chip from Sun Microsystems
• Daewoo restructuring open to foreign creditors
• Intel in internet JV with Hong Kong company
• Shell subsidiary to sell energy systems in India, Lanka
• Fidelity to buy Title
• BNP sure of acquiring SocGen

GENERAL

• EC castigates government over telecom package
• Rs 1,000 cr recap plan for Indian Bank
• Crisil foresees key role for international banks in India
• MFs will overtake banks: Moody's
• FIPB relaxes rule on equity holding
• RBI directive to chit funds, NBFCs
• SBI hikes CP limit by Rs 500 crore

CAPITAL MARKET

• Cyclical, commodity stocks under selling pressure
• Harshad Mehta allowed to apply for ACC rights
• More companies raise limit for NRI investments
• Sun F&C for overseas equity funds