COMPANIES

• Silverline acquires Hong Kong software company
• Raymond pips the post in the ColorPlus acquisition race
• Frito-Lay snaps up Uncle Chipps
• Sumitomo sells 4 per cent stake in Hikal Chemicals
• Mitsubishi enters Indian cellular market

GENERAL

• Hot rolled steel products may see price hike
• Notification for ISI mark may spell death for small units
• Citigroup gets Rubin to lead high power team to India

CAPITAL MARKET

• Merrill Lynch to invest in local startups