COMPANIES

• ONGC to hire consultant for global desk on crude trading
• SABMiller stake in Shaw Wallace to usher in heightened competition
• Iffco, Kerala Co-operatives spin strategy for FACT bid
• Morepen Labs files process patent for anti-asthama drug
• L&T to build cement plant in Bangladesh
• New Honda accord to cost Rs 15.7 lakh
• Honda Siel to raise employee strength by 50 per cent
• Hyundai to build two VLCCs for SCI
• Kinetic puts off DC-designed scooter launch
• Maharaja Appliances' Jammu unit to go on stream soon
• Voltas gets Rs 26-crore Gujarat contract
• SRF plans to delist securities from 3 SEs
• VSP production hit by tripping
• Lyka to seek nod for jt venture counter guarantee
• Tractor sales tied to monsoon, says Crisil
• Broadcasters seek more time from govt
• Wipro plans facilities in SE Asia, Europe

GENERAL

• Textile quota row: US, EU Bank on LDCs to check India
• Process of sugar export release order simplified

BANKING AND FINANCE

• NHB mulls new scheme for weaker sections
• SBI Kerala circle loan disbursal to touch Rs 1,000 cr
• HDFC Bank bullish on corporate business
• State Bank plea to raise foreign pie still on hold
• Icra doubts ARC effectiveness in tackling NPAs
• Suspense over SBI lateral recruitments
• Bajaj Allianz, BPL Mobile tie up for handset insurance

CAPITAL MARKET

• Sensex down 48 points on heavy selling
• Tie-up talk lifts Bank of Punjab
• PSU bank stocks lose most in panic selling
• Kotak provides online facility for Maruti IPO
• Tata Steel: Outlook positive, buy July futures

INTERNATIONAL BUSINESS

• Nokia sees weaker handset sales through Q2
• OPEC divided over production cut
• 3 firms eyeing GM Daewoo's vehicle unit

PEOPLE

• Udeshi is first woman RBI Dy Governor
• Raju Shahani to lead 11 RCI offices