COMPANIES

• Oracle to set up offsite centre in India
• Maruti strike negotiations end in deadlock
• Data Inc to include $50m defamation claim in suit
• Wyeth Lederle to rid itself of old brands
• Dr Reddy’s gets approval for trials of cancer compound
• Godrej to divest 25% in Sara Lee JV through IPO

GENERAL

• Tata-AIG to file for insurance licence today
• ICICI presents to RBI plans to become a bank

CAPITAL MARKET

• Sebi moves to MFs on par with FIIs

PEOPLE

• Indian to becomed chief information officer at Kellogg’s