COMPANIES

• Sterlite takes over 51 per cent equity stake in Balco
• Ranbaxy and Dade to convert technical pact into JV
• Millennium Alcobev to market Golden Eagle Beer
• Vardhaman to foray into readymade segment
• Phelps Dodge eyeing stake in HCL and HZL
• Oman Oil exits joint venture with BPCL
• Astra Zeneca preferred for divesting ICI’s pharma business
• Proctor & Gamble and Coke float a marketing JV
• Petronet LNG for fresh bids to move LNG from Qatar
• Mafatlal Industries proposes two-way split

CAPITAL MARKET

• Pentamedia acquires Improvision Corp
• JCT set to hive off fibre unit
• Sebi nominees to exit from SE boards

PEOPLE

• Mr. MK Moitra is metaljunction.com chief