COMPANIES

• Tata Finance to expand into insurance and credit card business
• Reliance strikes key swap deals with oil majors
• Sahara Airlines to expand it fleet
• AV Birla to acquire global brand rights from Coats Viyella
• Funskool to launch electronic toys
• TTK Prestige to acquire 26 per cent stake in Softel 4
• Lanbit spreads wings to UK
• Phelps Dodge, Metdist to jointly bid for HCL
• GE Caps Equity to invest in telecom, media and retail space

GENERAL

• Stringent norms for public sector bank’s entry into insurance sector

CAPITAL MARKET

• New Economy M-cap eroded by $9b in as many months