COMPANIES

• Grasim to sell off Gwalior unit for Rs 15 Cr

• Jay Shree Tea approve merger

• Hexaware,Valtech tie up for development centre

• M&M to launch Scorpio from overseas plants

• Mahindra unveils 15-seater mini-bus

• Alembic launches Isovon in South

• Intelligroup implements SAP

• Beverly to outsource projects to Majoris

• InfoTech signs pact with Pratt & Whitney

• Network is IBM's business partner

• Datacons joins PASS group

• Siemens launches HiPath 3000

• Whirlpool launches new ACs

• LIC, Apollo, ITC to provide old-age homes

• Ashok Leyland plans LCV

• Vysya Bank launches VRS

• Coral Telecom launches 'IRIS'

• Monsterindia.com ties up with Rediff.com

• ChevronTexaco plans to bid for BPCL, HPCL

• Royal Enfield mulls leasing out Jaipur facility

• BSES arm gets Rs 150 crore bridge loan

• Network bags IDBI Principal ad account

GENERAL

• Economic survey warns of high fiscal deficit
• Modest hike proposed in passenger fares
• Railways to close 21 uneconomic branch lines
• Moderate hike in freight rates
• 18 PSUs on divestment list
• Maruti sale by March-end
• House panel rejects FDI in print media
• Tax portal to help file I-T returns

CAPITAL MARKET

• Sensex zooms past 3,700 points

PEOPLE

• AIMA award for Subbiah, Kohli