COMPANIES

• Reliance, Oil PSUs reach sales pact
• Bata India mulls rejig
• Taurus to take over 2 BoI MF plans
• Air India records modest operating profit
• AMP Sanmar starts operations
• Alcatel plans thrust in optic networks
• OM Kotak cuts return on single-premium plan
• UTI Bank mulls second public issue
• SWC to launch Royal Challenge in EU
• Nabard sanctions Rs 26 cr for Chhattisgarh roads
• Lanco to invest Rs 400-cr in power sector
• Nalco eyes smelters in China
• SAIL, NTPC sign shareholder pact for Bhilai Electric
• RITES sets up office in Malaysia

GENERAL

• NHRC indicts Gujarat govt over riots
• Centre to refund excise duty on hank yarn
• Centre issues notices to telecom players
• Inflation rate dips to 1.51 %
• Car, bike exports surge
• Cabinet clears N-power projects
• Chinese firms want alliance with RIL, Indo-Rama
• India's forex reserves cross $ 52 billion

PEOPLE

• A K Basu to head CERC