COMPANIES

• Singapore Airlines may exit Air-India race
• LIC takes 9 percent stake in Oriental Bank
• Escotel Telecom to sell minority stake to foreign partner
• Dolphin finally gathers momentum waives activation charges
• BPL wants to sell off the Maha phone circle
• Bajaj motorbike sales on the rise
• Intel plans retail push
• LG goes on local sourcing drive
• Fastest chip launched by Sun Micro
• Yahoo!; In a deal with Sony
• Haldia Petrochem begins commercial production
• Cigna Intl closing down Indian operations
• Value creation at Indal by the AV Birla group
• Joint marketing endeavour by 'Cipla and Ranbaxy
• Organon in open offer for stake in Infar India
• Bonanza for US-64 Re-investment Plan
• Titan-Debenhams talks

GENERAL

• Rs 1,000-cr bailout for IFCI approved by govt
• RBI not to allow banks to close branches

CAPITAL MARKET

• Stock market slips in mid-day trading
• Low US-64 redemption pressure on first day
• Proposal for 5-year lock-in period for VSNL strategic partner
• Mauritius firms to pick up stake in Bharti Tele

PEOPLE

• Ness Wadia appointed deputy MD of Bombay Dyeing
• Second recast at GTB