COMPANIES

• Indian cellular players vie for Nepal cellular licence
• Cadila plans more acquisitions to grow dynamically
• Gramophone Company sings new tunes, restructures itself
• Reliance plans mega-investments in its IT foray
• Reliance also set to foray into insurance sector
• SBI Caps scouting for partner to work on cross-border deals
• Thermax acquires UK company
• The country’s first CNG station established at Pune

GENERAL

• Corporatisation of telecom department opposed by DTS employees

CAPITAL MARKET

• Rivals join hand to create electronic trading system
• Despite slight drop, markets recover on speculative buying

PEOPLE

• Sanjay Mehta to head Essar Shipping
• Jill McGivering takes over as BBC News India chief