COMPANIES

• NTPC to have stake in Gujarat Pipavav LNG
• Govt may consider divestment in power sector
• Essar package offer to FRN holders
• Duncans ropes in Synergics for UP project
• A new company for Tetley acquisition
• Nakoda Textiles may acquire Orkay
• Swatch will have assembly unit in India
• Maersk wants to buy Thapar stake in Indian unit
• Indian Oil hikes capacity in Gujarat refinery
• Apollo hikes tyre prices
• Sony to reach out to semi-urban markets
• Timex to buy back shares held by Tata group
• Datamatics gets certification for HR process
• Godrej launches Y2C copiers
• Parekh Platinum to set up Asia's largest gold refinery
• CMS Generation plans O&M unit
• DaimlerChrysler deal with workers to affect Ford
• Ford plans recast
• Fraud in McGraw-Hill
• Kobe sells stake in plastic unit

GENERAL

• Trai announces cut in cellular rates
• IDBI cuts rates
• ICICI starts ADR roadshows
• Maturity pattern causes higher deposits costs for banks
• Amex to shed flab
• City vehicles must be Euro compliant: high court
• RBI wants fixed brokerage on forex deals abolished
• Meiji, Dresdner may purchase Daiwa

CAPITAL MARKET

• Stocks recover
• NSE may introduce daily badla
• Kotharis sell ITI stake
• UTI-Manulife MoU not renewed
• OTCEI subsidiary to become NSE member
• Kotak to introduce customised MF scheme

PEOPLE

• Award for Subhash Chandra