COMPANIES

• Promoters eye over 50 per cent RIL pie, creeping route to be pursued
• Reliance Infocomm planning to invest Rs 1,500 crore this fiscal
• Cummins to launch new product range
• LG plans second plant at Rs 500 crore
• Reliance Q4 net rises to Rs 1,101 cr — Market unimpressed
• Bharti Tele posts Q4 profit; annual losses up
• M&M plans to provide engineering knowhow
• Tata Steel bags award
• BILT: Staying behind its peers
• Marriott opens GSO office
• Hero Motors to export to Turkey, Algeria

INTERNATIONAL BUSINESS

• Opec prepares to rein in price fall
• Greenspan gets 4-year extension
• American Air tries to dodge bankruptcy
• Yukos to acquire Sibneft, form fourth largest oil co
• UPS net up to $611m

GENERAL

• VAT rate cut on medicines, footwear to 4 per cent
• SEA seeks withdrawal of excise on branded edible oils, vanaspati
• EU proposals on movement of natural persons soon
• Mahyco Monsanto claims farmers earned extra on Bt cotton farming
• Cabinet defers decision on hiking FDI limit
  

BANKING AND FINANCE

• Kotak Mahindra Bank sells 11 per cent stake in Fascel
• Naidu plans steps to boost confidence in urban co-ops
• Union Bank to hike non-interest income to cover 100 per cent non-interest expenditure
• Kochi traders protest move to merge clearing houses
• Birla Mutual plans swap offer
• Kerala: SBI staff up in arms against `clean notes'
• Hero Honda launches co-branded card
• Talwar's Sabre to take over Centurion
  

CAPITAL MARKET

• BSE plans to suspend 35 cos
• Hero Honda on uptick
• Results still weighing down HLL
• FIIs holding in Moser-Baer up 4 per cent
• Good numbers fail to enthuse market
• Power Trading Corp plans IPO
• SEs told to monitor sub-brokers
• Rupee steady; bonds dip

PEOPLE

• Takeo Fukui to be Honda president
• Voith Turbo gets new MD
• Ankur Sharma gets award