COMPANIES

• Sekhsaria on is vice-chairman of ACC
• Murugappa group plans to unify holding cos
• McKinsey forms an IT incubator
• M&M plans just-in-time tractors
• Wipro, Autodesk in CAD alliance
• Gray Cell receives $4 million investments
• Mather & Platt plans demerger
• HCL Infosystems wants to be an ISP
• Novartis targets AHP
• Startec acquires Indians Abroad Online
• Chrysler and Mercedes to share parts
• El Paso to acquire Coastal Corp

GENERAL

• ADRs, GDRs now without govt approval
• Trai to be split, reconstituted
• Delhi high court clarifies
• Government to publicise bank defaulters
• Manipal Finance to respond to RBI
• Citigroup buys out Schroders’ investment arm

CAPITAL MARKET

• Infotech stocks gain strength in market recovery
• BSE to expand membership base
• Centurion Bank floats bonds
• Open offer for Color Chips
• Jay Shree Tea plans buyback

PEOPLE

• Four new directors for Dena Bank
• Bhandarkar is Gray Cell CEO
• Two new directors on Murugappa board