COMPANIES

• Nestle plans major recast for Excelsia
• FIPB clears HDFC’s joint venture proposal with Singtel
• Kee Pharma plans to increase presence in Indian market
• Marriott launches its apartment hotel in the city
• Piramal ties with CSIR for work on genomic research
• MTNL and VSNL employees threaten action on privatisatio move
• BOC disposes unviable plants
• Godrej may increase stake in Pillsbury venture

GENERAL

• Corporate boardrooms may see seats reserved for women
• Trai recommends four more operators besides DoT

CAPITAL MARKET

• Unprofitable firms may be allowed to tap markets

PEOPLE

• IDBI Principal restructures management
• ANZ loses top official to Mashreq Bank
• Tool down strike at Bajaj Tempo