COMPANIES

• Global Tele to merge its unlisted e-commerce arm to become competitive
• Bharti inks association with IIT Delhi for telecom school
• IPCL, GE marriage may break up
• Parle Agro plans second innings in foods
• Colgate introduces new Cibaca brand to counter HLL's Aim
• Crompton to sell control gear unit to French company, Schneider
• Dr Reddy's plans entry into the Chinese market
• HFCL move to take over Arihant Optics to help its core business
• Lower earnings force Honeywell to cut 6,000 jobs worldwide
• Canada’s cable company acquires rival in $41billion deal

GENERAL

• Trai announces revenue sharing at 17 per cent for cellular operators
• IndusInd Bank and Centurion said to be in merger talks

CAPITAL MARKET

• Technology shares pull down Sensex
• ICE sector casualty: Creative Eye pulls out public issue