COMPANIES

• Tatas Tele to hold more than 50% in Hughes Tele
• Tata Steel net profit down 63% to Rs 205 crore
• Kinetic group to rejig finance business
• L&T John Deere to use Sanaswadi unit for exports
• Qatar backs out of Gulf Air ownership
• Punj Lloyd procures Dabhol maintenance contract
• Dr Reddys files patent application in US
• Suzuki will now be Marutis driver
• Kinetic to woo Indian male with new Nova
• Star appoints Sanjay Pugalia as news director
• Tata AIG unveils new low-premium product
• Tisco to hike prices from 1 June
• FIs, Centre want Maharashtra to revive DPC
• HPCL net dives 28% to Rs 787.97 crore
• Thomas Cook net rises 150% to Rs 5.52 crore
• Govt to finalise sale of 4 ITDC hotels
• Tata stand on VSNL payout gets India Incs support
• Toyota project among 53 FDI proposals cleared
• Knight Piesold, Fourseasons to undertake project

GENERAL

• Fiscal deficit may end closer to 6%
• Software exporters can pick up stake in start-ups
• Software firms get ready to survive war
• ICAI standard on assets impairment
• PNB net profit rises 21.3% to Rs 562 crore
• Moodys downgrade looms large over Japan
• South Asian bankers wary of Indo-Pak tension
• Japan securitisation faces bumpy road to growth
• Sebi panel wants separate body on intermediaries
• Birla MF likely to launch index fund