COMPANIES

• Mercedez believes Indian luxury segment will grow
• BIFR directs take over of Carona
• VSNL gets competition
• Ecosoft and IIS to join hands
• Hyderabad based software solutions company to join hands with EnSoftek
• IOC may take stake in Essar Oil
• Iisco revival on Russian plan runs into problem
• Deadline set for restructuring Daewoo Motors

GENERAL

• Inflation rate goes upto 2.74 per cent
• REP licences may be back
• Sikkim banks to finally come under BRA

CAPITAL MARKET

• Mutual fund route the best for small investors