COMPANIES

• Long distance call rates likely to be cheaper
• Tata Motors a 'preferred bidder' for Daewoo unit
• Shangri-La to open in Delhi next year
• Hyundai switches to new insurer, dumps 2 others
• Pulsar drives Bajaj profits
• Bayer India benefits from good agri season
• Asian Paints bids for stake in ICI
• SK Bangur group may run RNPL
• Ingersoll Rand to buy stake in Srei group arm
• LG to set up facility in south
• STC may hit Rs 5,000-crore turnover target
• Ranbaxy, Glaxo in R&D joint venture
• Dabur's UK subsidiary signs pact with Abbott, US

BANKING AND FINANCE

• BoB allots Rs 3,000 crore for infrastructure projects
• ING Vysya to foray into pension market
• IDBI Bank Q2 net up 125%
• South Indian Bank lifeline for patients
• Bank of Rajasthan Q2 profit rises 125%
• Federal Bank opens branch in Thiruvananthapuram
• Centurion signs agreement with Navy
• Kotak group not to seek strategic investor now

MARKETS

• Number hopes help CESC stock go up
• Tata Steel, Satyam active
• Rupee a bit weak