COMPANIES

• TGIF plans 10 restaurants in 5 years
• NIIT plans globalisation
• Promotional campaign by TI Cycles
• FedEx facilities in Mumbai, Dubai win awards
• Samsung sets up vendor help desk
• ICO Global too files bankruptcy petition
• News Corp interested in Deutsche Telekom unit

GENERAL

• Bank credit up 16%
• Free phone connections for net users
• Canbank factoring looking for JV ally
• BNP bid on SocGen fails

CAPITAL MARKET

• VSNL issue on 20 September
• Badla rates marginally up

PEOPLE

• IDBI MF arm gets new CEO
• Smita Anand heads OCG of PwC