COMPANIES

• Royal Philips may buy stake in Indian arm
• Air Sahara launches online ticketing
• Software for film industry launched
• Usha Lexus plans expansion
• UTI may cease to be govt entity

GENERAL

• Inflation slides back to 2.21%
• Forex reserves up by US $ 33 million
• Blair announces increase in funds
• Indian tea makes breakthrough in the UK
• Govt to appoint new advisors for HCL
• IT exports likely to touch Rs 37,000cr

CAPITAL MARKET

• DSE to suspend trading in 800 cos

PEOPLE

• Tandon appointed Indo Rama CFO