COMPANIES

• Ranbaxy to hike stake in Vorin Laboratories
• Fiat dealers are online
• Ikon by year-end
• Delphi sets up joint venture in Malaysia
• Daewoo group companies file for receivership
• Microsoft denies alliance with government
• EU imposes duty on Indian PET exporters

GENERAL

• Money supply up
• Sikkim Bank gets moratorium
• Canbank MF schemes perform well

CAPITAL MARKET

• Badla rates steady

PEOPLE

• Ravi Bansal joins Dalmia Industries
• Varun Arya, President of IIT alumni association
• Ispat-Germany has a new CEO