COMPANIES

• JK Tyre to invest Rs 75 cr for hiking radial tyre capacity
• Telco sales zoom 68 per cent in May
• Maruti sells 47 per cent more in May
• Adlux group to invest Rs 350 cr for manufacturing white goods in Kerala
• Jubilant Organosys, Radico Khaitan in race for Chitali Distillery
• Bhel bags Rs 772-cr IOC order for setting up power plant
• NTPC-Rlys JV to set up 1,000 MW thermal power plant in Bihar
• BSES is now Reliance Energy — To set up transmission, trading arms
• Tata Steel bets on brand premium
• RINL plans to overcome feedstock shortage
• Panel moots co-op to take over FACT
• Ceat plans to set up Rs 250-cr truck radial unit
• Coromandel joins race for AP Govt stake in Godavari Fert
• Vardhaman to seek nod for delisting from DSE
• Hinduja TMT renews BPO deal with US client

GENERAL

• 'India needs proper regulatory framework'

BANKING AND FINANCE

• LIC turns to securitised papers
• No special treatment for smaller banks
• IFC Ooays $20 mn loan for Alok Inds
• ICICI Bank PTCs get top Icra ratings

CAPITAL MARKET

• Jaswant asks SEBI to probe bank stock swing
• Merger woes sink Digital Global; prompt ratings cut
• Hathway Bhawani CAShes in
• Monsoon cheer for fertiliser cos on the bourses
• No brokerage for tariff business of PSUs: IRDA
• Triumph Intl jumps 10-fold
• Steel stocks steal the show

INTERNATIONAL BUSINESS

• NYC-area trash rots for months in Buffalo rail yard
• WorldCom had two sets of financial books-examiner
• New EU law bursts dot-com tax bubble
• Citigroup board gets failing grade from researcher
• American Airlines, Amex to issue co-branded card
• Nissan JV in China set to open on July 1