COMPANIES

• AV Birla company, Lawson sign MoU
• Power Finance Corporation plans share buyback
• GNFC, Konee group in tie-up
• Motorola develops new cell phone technology
• Basu’s TV company set for launch
• Ernst & Young India to set up100% arm
• L&T, Sharp in JV?
• Nickelodeon plans India feed
• New power transmission software
• Kashyap Radiant sets up resources centre
• Bank of America to pick up equity in Indian co
• Piaggio plans unit to be holding company
• United Phosphorus wins case in China
• JDS Uniphase to buy E-TEK
• Tesco gets Boston Consulting for M&S bid

GENERAL

• Trai order on call-pays struck down
• Port and dock workers on strike
• Private insurance companies in six months
• Another auction of govt securities
• Karnataka paper auction oversubscribed
• Banks waiting for RBI to notify CRR
• SBI to focus on personal finance
• ICICI Bank cuts interest rates on deposits
• New foreign direct investment policy soon

CAPITAL MARKET

• IT stocks again lead a recovery of sorts
• BSE, OTCEI nominees in regional bourses' panel
• 150 want derivatives membership
• Government wants exemption from takeover code
• Geometric Software to raise funds
• KCC Software plans IPO