Highlights

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COMPANIES

• Fresh bids to be invited for Daewoo Motor assets
• CMC status unclear till government takes stand
• TCS plans esops post initial public offer
• SAIL employees seek Bengal CM’s help to halt shifting of RMD HQ
• Hero Honda unlikely to achieve sales target this fiscal
• Maruti IPO may miss Mar 31 deadline
• UTI, Intel & Canadian bank to invest Rs 19 cr in Subex
• Titan forms new division for aviation, auto tools
• Birlas, L&T chalk out plans to win over FIs
• HCL Perot bags Rs 100-cr deal from UK bank
• Aviva may set up a call centre here
• CalPERS likely to invest in India
• Camlin enters US, Korea as OEM
• Polaris Soft ties up with Deutsche Leasing
• Korean co to source VSF from Birlas
• Kerala Auto's out of BIFR net
• Toyota may have a `re-look' at Camry's pricing
• Balrampur Chini to launch low-alcoholic beverage
• India Nippon net profit at Rs 6.9 cr
• CCEA to consider ONGC proposal for MRPL today
• Hindalco-Birla Copper merger takes effect
• Apollo Tyres completes expansion at Kerala unit
• Numeric Power to begin operations abroad soon
• PepsiCo, Pagrexco tie up for citrus cultivation
• Ucal ties up with Australian co for fuel injection tech
• SS Organics told to convert loans to equity

INTERNATIONAL BUSINESS

• NTT, Cisco units join hands on IT services
• Buffett in showdown over Burlington bid
• Microsoft upgrades mail software for Macintosh
• Qwest to restate $2.2 bn in revenues

GENERAL

• US, EU playing politics with textile quotas, say experts
• India demands Spl sops for developing nations in DSU
• Naik rules out LPG, Kerosene price hike

BANKING AND FINANCE

• SBI, Maruti ink car finance pact
• HSBC to offer cheapest home loans at 8.99 per cent
• KBJNL to retire Rs 405-crore debt
• SBI to cut home loan rates further
• Bank of Bahrain into retail business
• Further delay in Daewoo assets bidding process

CAPITAL MARKET

• NSE suspends Sri Vishnu Cement
• GE Shipping sails after opting out from SCI race
• As foreign equity ceiling nears - FIIs tap SBI derivatives
• HC rejects Gaud's writ petition
• E-balance sheets on cards
• Rupee weakens on $ surge
• G-secs prices fall; rupee plunges at 47.89/ dollar