COMPANIES

• Government not against foreign stake in AI
• Infosys, Australian co in alliance
• Shell plan for investment off
• Intel picks up stake in Bharti group co
• Dispute over stakes in Gujarat gas venture
• Financial Technologies, IBM tie up
• AHP hikes stake in Cyanamid
• Usha Sriram acquires Hassan hotel
• Chase unit to invest in Microland
• Novartis for fresh investment in Goa unit
• DLF Cement in talks with Lafarge
• Madison unveils M:Cube
• GE denies NBC sale
• BSkyB forced to cut Manchester United stake
• Coke plan to buy Orangina blocked
• Pfizer talks of legalities
• Vodafone to send formal offer
• Gentia, IBM in tie-up
• Daewoo Electronics revival okayed
• Mannesmann to spin off non-core activities
• Delphi acquiring Lucas Diesel

GENERAL

• New service from HDFC Bank
• No plan to cut govt stake in United Bank
• Canara Bank’s schemes for NRIs
• Kerala plans new port

CAPITAL MARKET

• Markets witness revival
• UTI plans delisting schemes
• HCL issue receives Rs 12,000 cr demand

PEOPLE

• Premji is CE of the year
• Luis Miranda is HDFC Bank treasurer
• Naveen Jain is the new billionaire