Highlights

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COMPANIES

• GE Shipping inks deal with Hyundai Ind Co
• Chevrolet Forester to hit India on March 10
• Amtrex Hitachi changes name
• Honda Siel cuts prices
• Essar Oil to reschedule NCD payment
• Birlas to get 9-month price protection
• Ranbaxy gets tentative US nod for BP drug
• Dabur Foods loses Tang; Kraft snaps ties
• Apollo to roll out truck tyres designed for southern roads
• GACL board okays rights issue
• Dabur Real gets HACCP certification
• LML February sales jump on `Freedom'
  

INTERNATIONAL BUSINESS

• Vivendi woos oil tycoon to sell US show business
• UAE's Thuraya launches new service
• Age catches up: US pension funds lose $1trn in 3 yrs
  

GENERAL

• Rich nations likely to resort to non-tariff barriers after quotas
• NGO forum on developing countries’ concerns to meet in May
  

BANKING AND FINANCE

• Banks to go slow on deposit rate cuts
• Exim Bank to raise $100million at 90 bps above libor
• UTI Bank makes Rs 164-crore preferential allotment
• ADB, Nabard hold talks for co-operation in rural growth
• IDBI to raise $75 m to pre-pay costly debt
• HMAStar switching solution for DCB
• Standard assets defined for income recognition - Projects under implementation
• SBI posts rapid growth in DK
• SBM plans new appraisal for farm credit
• BoB launches Super Savings Account
• Godrej & Boyce unveils `Q Band'
• IDBI to revive Binny Asset Sale Committee this week

CAPITAL MARKET

• Sundaram MF eyes MIP scheme
• Interest perks up in banks
• Pharma stocks feel good on Budget sops
• Dow Jones down 53 points at close
• Hotel stocks sizzle
• SEBI clarifies on FII investment in derivatives
• Cos can't jump queue to catch dividend bus
• Infotech stocks drag Sensex; Reliance firm
• Banking stocks beat Marmet trend post-budget, gain 10 per cent
• Rupee rises; gilts lose

PEOPLE

• Murthy made Thai PM's IT advisor