COMPANIES

• Mumbai HPCL employees prevent RIL team from entering refinery
• Russell Credit tops bid for AP Govt stake in VST
• Restile board to meet to allot debentures
• SWC suspends sourcing from AP bottler
• IGL pays maiden dividend
• Philips to expand India operations
• Samtel Color wins Elcina award
• Green light to Volkswagen
• Pfizer to finish pharmacia merger plan in 9-10 months
• M & M plans expansion

GENERAL

• Wheat export issue prices increased
• Five spice exporters lose licence
• Hewitt study names 25 best employers
  

BANKING AND FINANCE

• Kuoni Travel to tap Pakistan market
• Forward cover must for FCNR loans
• Four Private Banks Allowed To Handle Government Busines
• SBI to computerise all branches in Bengal by March
• Home loan utsav at Hyderabad
• Dhanalakshmi Bank to pay 15 per cent dividend
• 5 banks granted extension

MARKETS

• Infy pays $94.1 a share to participants in AD issue
• Patent pact stir up pharma stocks
• Luxottica to make open offer for Ray Ban India
• JM Mutual to launch two new funds
• LIC Mutual moots floating rate fund

INTERNATIONAL BUSINESS

• IBM regains top computer server spot
• Swiss Re H1 profit jumps six-fold to $486m
• Nokia launches new mobile phone for China
• IBM and P&G in exclusive talks for HR contract
• IBM, LiteOn double recall of computer monitors
• NYSE gives its chief $140m, SEC curious

PEOPLE

• C.K. Dhanuka to head most of Dhunseri group companies