COMPANIES

• FIs compel L&T to skip revamp
• Reliance, BPL & Finolex get nod for fibre-optic networks
• OIL-Reliance gas supply pact for Assam cracker
• Sebi checking ACC facts
• Murdoch to create post-production unit in Mumbai
• Tata Sons restrained from staff transfers
• Sony buying 20% of CNBC India, not TV18
• Star Battery builds Rs 40-cr plant
• Bacardi will launch Carta Blanca
• Hindujas, Lufthansa Cargo splitting
• Customs notice on Indianoil
• National Fertilisers privatisation mandate
• Piaggio’s 100% subsidiary cleared
• BP Amoco acquires Castrol for 3 billion
• i2 Technologies-Aspect Development mega merger
• IBM software for databases
• General Motors buys Nissan’s Subaru stake
• Govt to sell majority in MMTC, STC
• Microsoft venture with Andersen
• Ravi Kant heads Telco commercial vehicles unit

GENERAL

• PwC sees cost of capital declining
• Indian steel makers concerned about US probe
• Bank rate may be down 1%, CRR too
• Rs 471-crore loss on RIBs
• Inflation marginally up
• Assocham against new MAT
• ICICI Bank’s net card
• Vijaya Bank write-off
• Konkan Railway may raise RORO charges
• India-US container service
• Weak bank NPAs
• Tata group may enter venture capital
• Karnataka Bank’s thrust in the north
• Asahi, Tokai, Sanwa merging to form third largest bank

CAPITAL MARKET

• Economy stocks push up Sensex
• Amfi wants dividend tax relief
• Evidence against Big Bull, in court

PEOPLE

• Jack Welch gets $93 million
• Mallya contests RS seat