COMPANIES

• Hindustan Lever enters services with launderettes
• Logica to expand Indian operations
• Air India faces huge losses this financial year
• Tamilnadu Petro plans LAB unit near Haldia
• Ford also plans second hand cars foray
• Hitachi gets clearance to invest in Telco subsidiary
• Escorts JCB to expand capacity
• Juniper launches powerful router
• HSBC takes over profitable French bank for $10.6 billion

GENERAL

• SBI and IDBI to decide today on rate cuts

CAPITAL MARKET

• Budget blues keep markets down

PEOPLE

• Birla Management Corp gets new faces
• P. L. Reddy to join Sebi board
• Amit Chandra to head international finance at Merill Lynch