COMPANIES

• Ranbaxy Fine, MBI sign agreement to market lab products
• Citigroup plans to buy 12.55% in Lupin for Rs 126 crore
• Ten Sports to broadcast cricket matches in West Indies
• Indo Rama increases polyester intermediate prices
• Hyundai sales increase 41% in June
• TVS Motor motorcycle sales rise 5% in June
• Samsung Electronics eyes Rs 5,000-crore turnover by December
• Shimadzu establishes unit in Chennai
• Regency Ceramics to make significant expansion
• Jisco postpones board meet on preferential allotment
• Tisco starts capital expenditure plan for balancing facilities
  

GENERAL

• GoM to discuss outstanding dues of PSUs today

BANKING AND FINANCE

• Tata AIG gives Rs 1,865-crore life cover to GE group staff
• Bank of America reports 2% drop in profit
• Syndicate Bank revises educational loan scheme
• Canara Bank to start 10 more branches in Kerala
• Lakshmi General Finance raises Rs 35 crore

CAPITAL MARKET

• Maruti IPO success likely to revive the primary market
• Deepak Parekh to head SEBI committee on primary market
• Rupee gains while gilts' situation is mixed

INTERNATIONAL BUSINESS

• HSBC to axe 1,400 UK jobs
• AOL Time Warner to sell 64% stake in China TV unit
• LG stresses on on high-tech home appliances
• American Airlines asks 3,100 employees to go home
• Ernst & Young to pay $15 million on tax shelters

PEOPLE

• SEBI bars two from capital marke