COMPANIES

• Estate and Sierra to be phased out
• Infosys to focus on consultancy
• Tata Group merges two investment firms
• Godrej Sara Lee to launch new products
• HFCL promoters to increase stake to 34 per cent
• BPCL to invest Rs 200 cr on retail outlets
• Bombay Store to open 5 new stores
• RPL to buy retail public sector outlets
• DRL to buy Group Pharmaceuticals dental products
• Galileo, Bajaj Allianz tie up for travel insurance
• Tata Chemicals ropes in Mckinsey for revamp
• Chemplast Sanmar profits zoom
• Egana Goldpfiel plans watch unit
• Giordano to enter Indian market

GENERAL

• Inflation sinks to 2.21 per cent

CAPITAL MARKET

• UTI offers 11-12 per cent on 3 equity schemes

PEOPLE

• Mumbai, Chennai airport directors shifted