COMPANIES

• Wipro, H-P in global alliance
• MTNL may partner with BSNL for international telephony
• Indian lenders could value DPC equity lower
• SmithKline to focus on volumes
• Leela drops plan to construct another hotel, will make corporate park instead
• Bharti offers Rs 500cr for disputed licence
• Citizen to increase stake in Indian JV
• MoF gives FIs two weeks to complete DPC revival package
• Royal Enfield launches Bullet Electra priced at Rs 56,931
• Jet Airways ups business class fares
• BPCL will soon have 1,500 Pure for Sure outlets
• IBM rides on customers products for new campaign
• Sri Lankan, Dilmah Tea will cater to premium Indian market
• Sitara goes in for acquisition to launch Indian ops
• BSNL plans business units to improve efficiency
• Lucent cuts 2,200 jobs in another round of
  restructuring

GENERAL

• Non-life premia to go up
• RBI clears way for 3-tier corporate debt revamp plan
• Number of US jobless at 9-yr high

CAPITAL MARKET

• Wall St depressed, Rediff rises
• Dalmia Securities picks up stake in ITW Signode
• UTIs AUM come down by Rs 1,691 crore in July
• Promoters stake in Spic rises to 40 percent
• Few IT stocks helps IT index rise
• Zee scrip zooms as its hunt for partner begins

PEOPLE

• Ravi Uppal resigns as Volvo managing director
• Cisco announces reshuffle