COMPANIES

• Nestle plans to bring in strategic investor in Excelcia
• UB real estate plans near take-off
• Bajaj Auto to follow five day week
• L&T may finally demerge its cement business
• Voltas cracks Rs 900 crore deal with LG
• Greaves Limited in for a major restructuring exercise
• Hindustan Inks follows European model for board of directors
• LML reports lower net profit
• SkyTeam may jointly bid for A-I
• Mittals might seek strategic partner for flagship company
• Nirma approaching arch rival, HLL, for sale of LAB unit
• South Korean government tells Hyundai to spin off auto units
• Ford wins the race for Daewoo

GENERAL

• Government sets up committee set up for bandwidth

CAPITAL MARKET

• Pharma scrips provide lift to Sensex
• Exit pricing norms for foreign venture funds relaxed

PEOPLE

• Following takeover, management reshuffle on at India Foils