COMPANIES

• NovaSoft acquires 70% stake in Thermax unit
• Zee quits FM race
• An LPG version of Spectra
• Octavia launch in July
• Kawasaki to pick up 20% in Bajaj unit
• Indian Hotels appoint advisors for buys
• Mascon acquiring US companies
• Neilsoft gets first Sicom venture finance
• Citicorp takes equity in Servion
• Intel picks up equity in Banyan
• SSI-Nasdaq tie-up to develop web-trading systems
• US government for Microsoft break-up
• Corel to buy stake in Linux start-up
• C&W buys 8 ISPs in Europe
• IBM, Auto Data plan website

GENERAL

• RBI nod must for NBFC name change
• Grindlays plans door-step banking
• TCS, Bank of Madura in JV
• Debt tribunal order against ABCL
• KPMG to advise on airport long-lease plan

CAPITAL MARKET

• Volatile market, HLL wrests market cap lead
• Another 25 for Z group
• FIs pick up stake in Shyam Telecom
• Merrill to exit farm, metal futures

PEOPLE

• Rajendra Pawar nominated CEO of the year
• Disney senior staffer quits