COMPANIES

• RPL avails largest LC facility in Asia
• Mercedez to launch original jeep in the country
• Tata Group appoints new heads for Consolidated Coffee and Tata Tea
• Reliance expects its non-life insurance foray to breakeven in 2 years
• Hindujas firm up plan to enter life, risk ventures
• BPL likely to end tech tie-up with Sanyo
• Fiat to roll out new Siena for power-hungry Indians
• Microsoft takes a strategic stake in Corel
• Nearly 63 per cent of HDFC in foreign hands

CAPITAL MARKET

• Sebi to introduce disclosure norms for securitisation deals
• Janus sounds warning bells to Dalal Street operators

PEOPLE

• Aditya Vij to take over as managing director at GM India
• LTITL finds new chief executive in VK Magapu
• Firestone CEO may be replaced