COMPANIES

• DoT gives basic telephony license to Batata for 7 states
• NTT DoCoMo launches world’s first 3G mobile service in Tokyo
• Prasar Bharti invites fresh bids for 7-10 pm slot
• Coke to takeover water business of Thermax Culligan
• AIG invests $20m in Zip Telecom
• Govt appoints PwC, Wipro Infotech, TCS as auditors
• JK looks for strategic tie-ups with foreign firms for pharma arm
• Now Allen Solly womenswear from Indian Rayon
• Ranbaxy scouts for international research ties
• Infosys plans to go in for performance driven salary packages
• Glaxo launches smoking cessation treatment
• GlaxoSmithKline to focus on vaccines, antibiotics
• HDFC in talks with foreign firms for non-life JV…banks for distribution
• ITC net profit rises 27 percent
• Duphar Interfran-Duphar Pharma demerger stayed
• Piaggio Greaves increases focus on cargo segment in three-wheelers
• Bharti group; consolidating
• Balco halfway through to complete energisation of frozen potlines
• Syndicate Bank revamps operational structure
• Gujarat Ambuja to enter health sector

GENERAL

• Govt holds talks with states to buy DPC power
• Mediclaim premium to rise
• Investment bankers in soup as business faces downturn
• BSE halves arbitrator’s fee for Century Consultants investors

CAPITAL MARKET

• Nasdaq downturn prompts heavy FII selling; Sensex dips 80 points