COMPANIES

• Liquidation / merger of Krushi Bank initiated
• HDFC in realty deal in B'lore
• IOCs revised offer for Baroda unit turned down by IPCL
• Bonanza for cellular users as Orange and BPL say no activation charges
• IBM unveils worlds fastest computer
• BPL may be out of VSNL bidding
• TCS partners with global telecom cos for VOIP
• UB Group mulls Aventis stake sale
• Godrej & Boyce to set up copy shops
• Tata Power takes over Tata Int's transmission unit
• New Star complex to be developed by top cos
• StanChart employees call off indefinite strike
• Ranbaxy in co-marketing pact with Cipla, Zydus Cadila
• Reliance Ind, RPL bid separately for IBP stake
• OM Kotak Life to expand presence to 13 cities
• Wyeth Lederle to set up new pharma unit in Goa
• Shekhar Suman; host of new show on Zee
• BoI wants Tata Finance loans restructured
• Chauhan defers equity sale; has big plans for Bisleri
• Hindujas out of IBP race
• Agrani satellite project gets Rs 75 crore sanction from LIC
• Wockhardt thinking of buyouts in UK

GENERAL

• IRDA wants general insurers to cap expenses
• Insurance (amend) Bill introduced in Lok Sabha

CAPITAL MARKET

• Sensex up 6 pts

PEOPLE

• Vikram Tandon appointed VP, worldwide tech operations at PepsiCo
• Sanakarlingam is new director (projects), NTPC
• Siddharth Sitholey not to join Centurion Bank
• A Ray to be the new MD of Stone India