COMPANIES

• Landmark group plans retail chain in India
• Novell institute in Pune
• Apollo Tyres to invest Rs 94 crore
• DoT backs Hughes restructuring plan
• Atlas Gears plans new unit
• Reliance, Jaipur company plan power project
• Essar offers higher stake to IOC in Vadinar refinery
• IA not to lease aircraft
• PowerGrid appoints IVO as consultant
• Seagate to acquire software unit
• Daewoo affiliates not to receive finance
• Independent plans acquisitions in Australia, New Zealand
• BA restructures operations

GENERAL

• RBI asks banks to provide educational loans at a maximum of 12%
• UCO Bank asked to take its own decision
• Inflation goes up to 1.67 per cent
• DoT circles permitted to reduce tariffs
• Natwest’s plan to buy L&G will affect Barclays

CAPITAL MARKET

• Reliance Petroleum to delist from ASE
• Sebi allows MFs to trade in securitised bonds
• Connectivity between depositories postponed

PEOPLE

• Zenia Lawyer is brewers' association chief
• Chowdhury is Arab Bangladesh Bank manager
• Suresh Kotak, cotton body president
• Fugitive US broker Frankel arrested