COMPANIES

• Tata, Reliance in race for VSNL
• Tata Power joins PowerGrid in Bhutan project
• BBL to increase stake in Vysya
• Govt to hold talks with Suzuki for Maruti sell-off
• IndianOil net up 9.32%
• Union Bank's profit up 77.4%
• 3 sign confidentiality pact for DPC sale
• Gail plans major telecom investments
• Bajaj Jan bike sales zoom 91%
• Rabo to set up rural mktg centres
• RIL to convert Infocom debt into equity
• Sterling pulls out of race for VSNL
• TVS records 48% rise in bike sales
• Dr Reddy's files complaint against USFDA
• Jagson Air to expand fleet
• Sahara launches magazines
• GMI car sales rise 16.1% in Jan
• PowerGrid to pump in Rs 50,000 cr by 2012
• Rallis starts debt recast
• Hays to expland Indian operations
• Arena plans to set up more centres
• Bharti Teletech plans SMS-enabled phones
• Hotline buys out LG in JV
• A-I plans Kolkata-China flight
• NHPC plans to hold overseas roadshow
• L&T buys out Caterpillar stake
• BPL Mobile earns Rs 725-cr revenue

GENERAL

• Adidas-Salomon boycotts leather from India
• HC to hear PILs against Dabhol on Feb 6

CAPITAL MARKET

• Sebi wants UTI to pay face value on maturity
• IDBI cuts rates on Flexibond issue
• Bharti IPO likely to be oversubscribed
• US-64 redemptions touch Rs 648 cr

PEOPLE

• Joseph Kennedy joins i-flex Board
• Microsoft names chief security strategist
• Punit Goenka to head ASC Enterprises