COMPANIES

• Hutchinson drops plans to buy into Aircell
• Polaris sued by Data Inc for backing out of acquisition
• UB acquires strategic stake in Inertia Industries
• Reliance plans mining joint venture with CIL
• Chauhan again in talking mode over Bisleri stake
• HP may join hands with Wipro to market e-services
• Essar Shipping accounts qualified

GENERAL

• Increase in oil import bill widens trade gap to $4.3b
• Hindujas may bid for Air India with foreign airlines

CAPITAL MARKET

• UTI may move SC on termination of Rajlakshmi unit scheme

PEOPLE

• Bhaskar Bhatt appointed chief operating officer in Titan
• BT denies resignation of Sir Ian Vallance