COMPANIES

• Zee may launch direct-to-operator services by June
• Escorts Yamaha beefs up presence in 4-stroke bike segment
• Air India likely to sell 2 planes in a bid to trim cost of operation
• RPG sells stake in joint venture to Datacraft
• Telco to concentrate on domestic markets before going global
• Hyundai chooses Shah Rukh Khan for sequel
• UK-based Bass group eyes HCI properties
• IBM to launch world’s smallest notebook computer in India

GENERAL

• IDBI may offload 50 per cent in new infotech company to shareholders
• HDFC cuts housing loan rate to 13 per cent
• Oil prices slip in Asia

CAPITAL MARKET

• Stock exchange on a 219 point recovery

PEOPLE

• Tata’s Krishna Kumar to be new Tetley chairman
• People churn in the banking sector
• Prakash Nedungadi, new ceo at Madura Garments