COMPANIES

• Daewoo closes plant temporarily
• AAI records all time-high turnover
• Union Bank net at Rs 314 cr
• Promoters up stake in NIIT to 38.45%
• Videocon, Mitsubishi in race for STC stake
• Pentasoft issues pink slips to 50 employees
• Gujarat Gas in talks with Reliance, NTPC
• Bausch & Lomb merges 2 units
• US ice-cream major scouting for partners
• Sony to buy out Discovery stake in JV
• TCS IPO may be delayed
• Focus shifts to Reliance Communications Ltd
• BASF Coatings to convert Rs 2.07-cr loan into equity
• Swiss co to hike stake in SQL
• Court orders demerger of JBM Tools
• Issal to offer cheaper steel
• Faber Heatkraft planning new plant
• MTNL to float new software firm
• Tatas, Morrison to invest $10 m in Barista Intl
• Eicher to invest Rs 130 cr in HCV project

GENERAL

• Korean group to invest in Kerala

PEOPLE

• Ranjan Chak new Oracle V-P