COMPANIES

• M&M sets up specialised vehicle company
• LG Information to pick up stake in Escorts Communications
• Tata Sons plans to hive off engineering division
• Hindalco may also be in the race to buy out Alcan
• Cyber battle on between two giants
• Air-India to introduce VRS

CAPITAL MARKET

• Sensex plummets in light of sparring between coalition

PEOPLE

• Telco executive director, V.M. Raval, quits
• Derek Langley joins Aptech group
• Rathi and Mehta re-elected to BSE board
• Verisign takes over Network Solutions