COMPANIES

• Reliance emerges as the largest private sector firm
• Telco results puts Q3 net loss at Rs 121-crore
• Shaw Wallace clears up ICD liabilities
• Overnite Express teams up with US Post for Saarc region
• Nike to diversify in to apparel business
• AMD unveils 850 MHz Duron processor in India
• Unitech gets Rs 90-crore road contract
• Trent to foray into food retailing
• BASF to amalgamate with Cynamid Agro
• Thermax introduces cost-cutting measures
• KPL International sets up office in Shanghai

GENERAL

• Steel production rises by 12%

CAPITAL MARKET

• US Federal Reserve cuts interest rates by 0.5%
• Sebi tightens norms on ALBM, BLESS shares

PEOPLE

• Mr.PG Mankad and Mr.GN Bajpai join ICICI board