COMPANIES

• Modis to induct foreign partner, sell stake
• Bharti-Singtel exits VSNL race
• Videocon withdraws from race for Indian Airlines
• McDowell cancels whisky brands' buyout plan
• Bharti Telenet to invest Rs 1000 crore in first phase
• RIL achieves Golden Super Star Trading House status
• Zydus lines up 13 brands for launch in Southeast Asia
• New 10-year wage accord signed by SAIL and Tata Steel
• Amazon reports lower loss against expectations
• iBilt ties up with Reliance Infocom

GENERAL

• Slow down hits steel cos
• E-frauds highest in India: KPMG
• Bima Nivesh will now give lower returns
• PSU VRS seekers likely to get better deal
• Carnegie Mellon enters Indian IT education arena
• PSU banks in recast mode
• Commercial vehicles Q2 sales plummet
• Electricity Bill gives open access to bulk consumers
• Rural credit may rise three-fold over next five years

CAPITAL MARKETS

• Brokers’ bandh hits volumes
• Bond prices crash
• US stocks slide

PEOPLE

• MoF puts nominee on UTI board
• 2 LIC officials suspended on MRL sale issue
• Kapur, Basu suspended
• Sobti to stay at ABN Amro as India head
• Anil Khatod of Nortel steps down