Highlights

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COMPANIES

• Tata Steel eyes China for more steel exports
• CoPT terminal project gets dull response
• CDR panel okays lower rates for BKPL at 8 per cent
• Pfizer posts Rs 76-cr profit
• Price cut helps STAR increase base
• Marico to foray into US skin care market
• Bharat Biotech's goodwill gesture
  

INTERNATIONAL BUSINESS

• GM sweetens financing for mid-size SUVs
• Kmart seeks $5-m loan repayment from ex-CEO
• NRI firm sues California firm for breach of contract
• Umberto Agnelli to step into hot seat at Fiat helm
• US records $11-bn budget surplus in Jan
  

GENERAL

• Move on to bring EOUs, EPZs at par with SEZs
• Pay good salaries to get good professionals: Jaitley to govt
• Insurance companies seek hike in exemption cap on pension premia
• Nitish Rail Budget trains sights on voters
  

BANKING AND FINANCE

• BoB charts plan to reap 50 per cent more profit from global ops
• ICICI Bank to raise $100 million forex loan
• AP govt offers revival package for Charminar Co-op Bank
• RBI cuts provisioning period for bad entries
• Karnataka Bank plans rights issue at 1:2
• Infosys' banking summit in Bangkok
• AMP Sanmar unveils pension plan
• Redington debt plan on watch
• Dena Bank to sell OM Kotak life products
• IRFC to borrow $ 100 m abroad
• Lenders free to decide on NPA categorisation

CAPITAL MARKET

• Grasim offers Rs 130 per share for L&T Cement
• Murugappa group co stake in Parry Agro may go up to 31per cent
• JM Mutual plans income scheme on floating rate
• No threat of closure: PNB Caps
• Freight cut lifts cement stocks
• Heavyweight drags Sensex; IT continues to suffer
• Dow Jones down 103 points at close
• Re firms up; gilts bullish
  

PEOPLE

• SBI Home Finance Managing Director