COMPANIES

• Godrej set to enter medical transcription and retail photo business
• UB ties up funds for Associated Breweries acquisition
• Mahindra to make bulletproof vehicles
• Iffco-Tokio launches operations in non-life sector
• Toyota to increase Qualis production
• GM’s global arms to source parts from India
• TVS Tyres in a cost-cutting binge
• Printografik in strategic deal with CheckPoint
• Invensys not to merge its two Indian subsidiaries

GENERAL

• Enron ordered to compensate villagers with Rs 78l
• Engineering exports post 30% growth
• Non-life insurance brokerage likely at 20%
• Infrastructure sector growing at 7.7%

CAPITAL MARKET

• RIL to raise Rs 752crore through private placement

PEOPLE

• Mr. Homi R. Khusrokhan to head Tata Tea
• Mr. V Thyagarajan to also head SmithKline Pharma
• Mr. Mukesh Ambani on biotech task force
• Mr. K. Saran new CMD of EIL