COMPANIES

• TotalFina opts out of HPCL rRace
• MUL net rises 40 per cent to Rs 146 crore
• Morepen files patents for Fluvastatin Sodium
• Hindustan Motors net loss declines 21 per cent
• Yamaha India plans revamp
• Indian Hotels June 5 board meet to debate succession issue
• RONW of 211 pvt sector firms up to 15.39 per cent
• Indo National to spend Rs 15 cr on upgradation
• Cushman & Wakefield to offer financial advice
• Ford Focus may hit Indian roads next year
• Xerox DocuColor iGen 3 machine to be acquired
• For contract manufacturing of spinels — White Circle Oxides in talks with Alcoa, other global majors
• Tatas, TD Waterhouse venture untouched by parent's revamp
• SABMiller strikes deal with Shaw Wallace — Acquires 50 pc stake, management control in brewing biz
• Durgapur Projects looking for partner for coke oven battery
• Onida sees big potential in home theatres, DVDs
• Siemens' Bangalore unit to be global network R&D centre
• Tata Telecom to invest Rs 25 cr on software development

GENERAL

• Exports to bear the brunt of Re appreciation against $: JP Morgan
• Truck hire charges fail to follow cut in diesel prices

BANKING AND FINANCE

• ICICI Bank to focus more on origination of loans
• Mitsui Sumitomo upbeat on Indian foray
• Manikanta Bank top brass arrested
• Andhra Bank plans to return Rs 50 cr more to Govt
• Setting up rural branches — finance ministry, RBI get tough with new pvt banks
• Potential for credit rating upgrade highest in healthcare, predicts S&P
• NCAER calls for holistic transition of agri sector
• ABCDE commences in Bangalore
• IFC raises India investment size to $350million this fiscal

CAPITAL MARKET

• Tata Tea hits new year-high
• CAS prospects revive Zee stock
• Roadshows for Maruti IPO to start next week
• Tata Engg active ahead of result announcement
• Unclaimed funds: AMFI may get regulatory say
• Indo Rama Synth out of indices
• Bharti Tele plans delisting from DSE; demands refund
• Rupee gains 3 paise; gilts firmer
• IDBI perks up on conversion hopes

INTERNATIONAL BUSINESS

• Zimmer offers $3bn for Centerpulse
• Online gaming strategy splits video game market

PEOPLE

• Ajay Kapila joins J.K. Ind
• Rajendra Kakker to head ARC