COMPANIES

• $2-b cell giant created through BPL, Birla-AT&T-Tata merger
• Appeals court throws out Microsoft split up order
• Promoters stake in Bombay Dyeing to rise to 40.78 percent
• Maruti Udyog privatization to go ahead
• HLL forced to close Kodaikanal plant on Greenpeace pressure
• FIs put VK Modi in charge of MRL operations
• NIIT now Microsoft’s exclusive certifier of computer skills
• Scope in tie-up with Sun Microsystems
• Oberoi reduces staff by 465
• LIC Housing Fin to diversify into construction
• Titan profit up
• J&K Bank defers plans for MF arm
• LIC grows by 65 percent in competitive market
• Bajaj Auto to rationalize vendor network yet again
• MFs, FIIs increase stake in L&T by 4.92 percent
• HPCL-IOC moot plan to buy out Birlas in MRPL

GENERAL

• 10 Rathi firms in trouble with the DCA
• Brokers found guilty of fudging accounts by CBDT
• Banks allowed to restructure working capital loans
• Pay channels; the way of things to come

CAPITAL MARKET

• Sensex down 7 pts on winding-up movements
• BSE cuts transaction charges for futures trades
• Sebi okays Rs 650 offer price for German Remedies

PEOPLE

• Nutan Gupta appointed director Canadian 3000 Airline