COMPANIES

• Tatas formally announce interest in Air India stake
• Electrolux not to acquire Tatas' stake in Eureka
• Lupin exits from Ceph International
• Chubb seeks Indian partner for entry into non-life sector

GENERAL

• ICICI forms holding company for non-core portals
• Pharma bottom lines to be hit by new fiat
• DoT to seek five year I-T holiday for BSNL
• Saudi prince promises to bring oil price below $30

CAPITAL MARKET

• Sensex down 97 points
• Nagpur bench may give UTI a reprieve

PEOPLE

• Another Indian makes it big in the Valley
• Paul Allen, Microsoft co-founder, leaves board