COMPANIES

• IOC to raise $76 million for acquiring machinery
• Resourcsat, Cartosat to steer DoS data-diversity marketing
• Kerala IT sector gears up for Bill Gates’ visit
• Q2 net profit of 764 major companies up 49.5%
• Sell-off clause: Shell seeks waiver
• MTNL to offer cable TV soon
• Raffles may pick 10% in Max Health
• MTNL doubles H1 card sales in Mumbai
• GE Equity winding up, but to back existing ventures
• Voltas may hive off H'bad fridge unit, seeks ally
• Iffco in talks with Reliance for gas supply tie-up
• Titan may tap SE Asia for parts
• Ceejay Health to unveil cure for smokers
• HCL arm close to bagging $20m call centre deal
• ITDC plea on royalty rejected
• Diageo may offload IMFL biz for Rs 40 cr
• Keltron bullish on free software resources

INTERNATIONAL BUSINESS

• China economy set to grow at 8%
• SEC: Most Fortune 500 financial reports raise questions
• High costs may deter small pension funds from suing bankrupt cos

GENERAL

• MiG upgradation under clouds
• Apex court clarifies general provisions
• Let pvt airlines fly abroad: plan panel
• Chamber flays Kelkar report
• Give a leg-up to project exports, says Assocham
• Oilseeds production declines by 27 percent

BANKING AND FINANCE

• BoI to enter China
• PNB waiting for RBI go-ahead for Nedungadi takeover
• RBI shows the way to US Federal reserve
• Kerala Govt okays security scheme for NRKs
• Banks hint at provisioning for IFCI borrowings
• SBM seeks RBI nod to reveal defaulters
• KSCB unveils Rs 250-cr scheme for rural tourism

CAPITAL MARKET

• No piggy ride for media stocks now
• Despite attractive valuations - Only few takers in the market
• Infosys registers new 52-week high
• Govt to go ahead with Maruti IPO

PEOPLE

• Rajeev Karwal quits Philips, to take over as Electrolux chief executive
• Nusli carves Wadia future in two for sons