COMPANIES

• M&M to launch three more versions of Bolero
• MUL to diversify into services sector
• Kanoria Chem to foray into power generation
• Le Meridien opens its sixth hotel at Kochi
• MMT to set up a global facility in Bangalore
• Rallis readies for restructuring exercise
• Sify bags best ISP award
• Syngenta to merge Zeneca subsidiaries

GENERAL

• Eradi panel wants lesser tax on life policy income
• NTC rehabilitation scheme proposed
• Inflation dips sharply to 7.53 per cent

CAPITAL MARKET

• SEBI raises margins on outstanding to 25 per cent
• PTC to raise paid-up capital to Rs 5,000 crore
• Telco tops the list of loss-making firms

PEOPLE

• Mr. Shashi Mudgal joins Hindalco
• Mr. Jack Welch gets $17m in salary, bonus