Highlights

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COMPANIES

• Maharashtra snaps JV with Wockhardt for Rs 87-crore super-specialty hospital
• Cochin Port Trust resolves single buoy mooring issues with Kochi Refineries
• BSNL may not hike rentals
• DRL files ANDA with US FDA for Fexofenadine
• DSP Merrill net down 2.2 per cent
• RIL to recall 5 lakh LG handsets
• Dunlop to start rolling again
• No Coke, danke, we're Deutsch
• Pharma sales dip first time in 2 years
• Exports of call: it's a two-way street for now
• Apollo Tyres mulls sourcing from Russia
• Skoda India advances CKD assembly plan
• Court rejects BPL chief's plea to lift attachment of assets
• Electrolux plans to hive off Hyderabad plant
• GAIL plans to invest Rs 20,000 cr for grid
• Tata Steel board approves capacity expansion
• Taj Bengal, Chennai cos tie up for WiFi tech
• Brazil's Dedini ties up with Uttam Group for fuel alcohol tech
• Mico recalls Bosch saws
• Editorial, management control in Indian hands — News channels uplink norms put in place
• BPL Mobile, Escotel, RPG, Spice Telecom forge alliance
  

INTERNATIONAL BUSINESS

• IMF fears recession in case of long war
• War forces BA to speed up job cuts
• Lord Paul, Bilimoria among UK's richest Asians

GENERAL

• India seeks special treatment for 3rd world at WTO
• Continue DEPB scheme and increase validity: Phdcci
• NCDC to extend Rs 735-crore assistance to cooperatives

BANKING AND FINANCE

• RBI asks Dena Bank to pen capital restoration
• Many skeletons may fall out of IFCI’s cupboard if probed: State
• DCB picks Infosys for core banking solution
• Corp Bank to focus on car finance
• IRDA may get annuity pie of pensions markets
• Centurion Bank offers `SMS Alerts' facility
• Tata AIG unveils indemnity cover for auditors
• Retail trading in gilts lacklustre
• DCB plans retail focus in new fiscal
• RCS panel to manage Charminar Bank

CAPITAL MARKET

• HDFC-Zurich MF ahead of Pru ICICI in asset value
• BSE raises transaction charges by 33 pc
• Hindalco sees good trading volumes
• Block deals in Crompton
• Institutions dial up Bharti Tele
• Sharekhan eyes derivatives trade
• NRIs can invest in exchange traded derivative deals
• US trade body calls for abolition of FII regime
• NRI remittances beef up rupee

PEOPLE

• New administrator appointed for Prudential Bank