COMPANIES

• NIIT ranked 13th-largest global IT training firm
• Bharti rules the cellular licence map
• SpiceCell bought by Bharti
• Pentamedia floats GDR, gets 19 million dollars
• TVS-Suzuki rolls out new product investment plan
• Reliance shelves plans for entertainment complex
• ABB subsidiaries to be merged
• Satyam, Healthaxis in expanded ties
• York International to buy back from Blue Star
• Cholamandalam for third party distribution of insurance products
• Ranbaxy proceeds to plan on Ciprofloxacin

CAPITAL MARKET

• Unregulated overseas corporate bodies play havoc
• Modi Rubber open offer further extended
• Sebi says MK Modi stays barred in MRL offer