COMPANIES

• Indian, global telecom companies eye VSNL stake
• RIL; New cracker at Jamnagar
• Ketan Parekh cos borrowed Rs 220 crore from Zee
• AB Corp and B4U say Zee has no stake
• Satyam Q4 net up 165 percent
• Wipro to invest Rs 100 crore to set up software centre at Kolkata
• Zydus Cadila to acquire 27.72 percent stake in German Remedies
• Dalmia asks Sebi to expedite Castrol open offer
• Voltas to merge with Voltas International
• SBI wants NIBM to frame a new company structure
• Tatas exit Mercedes Benz venture in India, sells 14 percent holding
• LPG stations for automobiles to be launched by IOC
• Domino's now targets the railways
• Bajaj Tempo tractor unit to open by May
• ICICI Bank to open office in New York in six months
• Videocon joins the bid for VSNl on final day
• M&M eyes auto accessories market
• Nestle in race to set up vending machines at railway stations

GENERAL

• Merril says Indian IT cos on uneven growth path
• Strategic oil reserves for rainy days a possibility says govt
• Godbole panel recommends renegotiation of both phases of Dabhol

CAPITAL MARKET

• RBI tries to keep the Re stable, mops up $200m
• BSE index slides 86 pts

PEOPLE

• Zee Networks ropes in Sandeep Goyal
• Anup Varma of BPL Net quits
• Ram Sehgal appointed president Rediffusion DY&R
• Kavarana resigns from Tata Engg board
• RV Shastri is new CMD of Canara Bank