COMPANIES

• Sara Lee to exit from bakery business in India
• Tata Liebert to focus on global markets
• Allied Domecq chalks out 2-yr growth plan
• Conoco to set up marketing subsidiary in India
• Paul Hartmann to set base in India
• Tata Teleservices to raise Rs 1, 000 crore debt for AP venture
• Bhandari Industries to enter US and European market

GENERAL

• Global Trust Bank and UTI Bank merge to form largest private bank
• Chinese dry cell batteries face anti-dumping duty
• Bank of Punjab & Nova Scotia Bank in alliance

PEOPLE

• Mr. Rahul Bajaj to co-chair WEF summit