COMPANIES

• Reliance sells 10% stake in L&T to Grasim
• Videocon plans multiplexes
• Tatas want 30% holding in Batata-BPL
• Hindustan Dorr-Oliver, Seghers in technology transfer deal
• HCL Infosystems plans new facility in Pondicherry
• Concor to link N-S corridors
• Bajaj to increase motorbike production
• ITC to set up apparel design centre
• ICICI proposal for $100-m foreign loan cleared
• Morepen to sell herbal products in US
• Rahejas to set up 25 Globus stores
• Bharti acquires 44% British Tele stake in JV

GENERAL

• Coal sector not to be privatised
• Sinha moots IIF
• Disinvestment of IBP, VSNL on course

CAPITAL MARKET

• Sify ADR zooms 50%