COMPANIES

• Orange defers investments in India
• FIs in talks with Purnendu Chatterjee to sell MRL stake
• Bombay Dyeing to downsize operations, slash jobs in major recast
• Hathaway, Zee agreement may be soon over
• BT sells Bharti Cell stake to Bharti Enterprises
• Infosys ties-up with Burlington Northern of US
• BPL, Sanyo JV in the offing
• Indal to hive off stake in affiliates
• Dr Reddy’s global growth to ride on patent expiry of drugs in US
• Reliance plans 2 mega gas pipelines
• JB Chemicals files for NCE patents in US, S Africa
• AES Corp to cut Dabhol power to below Rs 3
• BPL Innovision to initiate NLD operations
• Honda to launch 'Honda Activa'
• Amex to open back-office processing hub in India
• OM Kotak Mahindra launches operations to expand operations in 13 cities

CAPITAL MARKET

• Sensex down 20 points; Infosys up
• Corporation Bank introduces sub-PLR lending at 10.5 percent

PEOPLE

• Nani Palkhivala calls it a day
• Two directors quit Baan Infosystems
• Daewoo Motor India gets Cho as new MD