COMPANIES

• Cadila Pharma enters the herbal segment
• Mumbai may have a skybus solution for its harried commuters
• Sony may bring in more star power into gameshow
• Satyam increases local hiring after closing US arm
• Hughes Software to go on recruiting spree
• Indus League to supply garments to Reliance
• LN Mittal to pull out of Zambian deal
• Balco talks fail
• Cadila to sell licencing rights of new drug
• Pfizer aims to get into new areas for R&D programme
• Reliance plans massive foray into public transportation
• Deepak Fertilisers shelves Tanzania plan
• Cisco offers generous layoff package

GENERAL

• Convergence Bill finalised, CCI head to be chosen
• IFC approves of changes in Global Trust

CAPITAL MARKET

• Sebi report pins blame on short sellers

PEOPLE

• Montek Singh joins IMF as independent evaluator
• Aptech gets replacement for Ganesh Natarajan