COMPANIES

• Tata Coffee picks up stake in Barista
• LIC to pull back Modi Rubber shares
• Star hikes ad rates by 60 percent
• Gas supply to Essar blocked by GSPC-Niko
• Polaris to launch insurance products
• GM, Fiat to work together to cut costs
• Glaxo scales down Worli operations
• WISL sales up 125 percent
• MRTPC discard expert findings on 'new Pepsodent'
• Deutsche Bank reposes confidence in India; invests Rs 100cr
• Videocon defers cancel non-life insurance plan
• Ranbaxy to rejuvenate old product sales
• HLL says Kwality Walls Numero uno brand in Delhi
• Zee Tele to protect the brand "Zee"
• Amex offers toll-free number
• HDFC Bank plans capital expenditure of Rs 120 crore
• Telco to reduce dependence on sales of commercial vehicles
• Falling freight rates likely to hit SCI bottomline

GENERAL

• Annual inflation rate rises to 5.17 percent
• Competition Bill lays down four criteria to prohibit agreements
• Madras Cements R&D centre comes up in Chennai

CAPITAL MARKETS

• CBI finds US-64, NCD connection
• FIs to take part in German Remedies open offer
• Icra rates Escorts NCD issue 'LA+'

PEOPLE

• Promoters have no place on Malavika Steel board
• JCT board to be recast
• Alternatives to arrested EDs likely today