COMPANIES

• Companies Government to suggest IPCL-IOC merger 
• HDFC results beat market expectations
• Merrill Lynch to cut work force
• ITDC plans to demerge nine properties
• Ranbaxy gets US nod for hypertension drug
• MTNL reduces WLL rental
• Satyam Infoway Q2 cash loss narrows
• Hero Honda Q2 net rises 63 per cent
• HDFC, ICICI Home Finance cut interest rates
• Godrej exits Pillsbury JV
• Natco pharma introduces 34 formulations
• JK Tyre launches Ultima XPS
• Toyota Kirloskar begins exports of Qualis

GENERAL

• US House closes on anthrax scare
• VHP storms Ayodhya temple
• Govt plans to cut kerosene subsidy

CAPITAL MARKET

• MFs to develop benchmark indices