COMPANIES

• Coke gets FIPB nod for restructuring
• FIs meeting to decide on Essar package
• Standard Life, Warburg allowed to hike equity in HDFC
• ICF Ventues takes equity in MatexNet
• More Knorr brand items planned
• CCG Munich picks up 10% in Advent
• ACeS plans satellite launch in January
• TCS has no plans for IPO
• Banquit, Aplab in tie-up
• Phone product from Microsoft
• Ericsson, Microsoft in tie-up
• GM may pick up 20% in Fuji Heavy
• Sonic Foundry joins Microsoft programme
• Cendant to pay $3 bn to settle case

GENERAL

• IBA firm on 12.25% wage hike
• Brokerage in insurance to be allowed
• IDBI told to divest Sidbi holding
• Japan indicts Credit Suisse arm
• Sumitomo-Sakura merger

CAPITAL MARKET

• Volumes create market record
• Sebi proposes sops for venture funds
• NSE plans membership for derivatives

PEOPLE

• Darbari Seth is dead
• Pillai is Mather & Platt MD
• Unilever man joins Dharamsi Morarji
• Petronet MD Chhabra quits
• Atul Malik to head Citibank cards