COMPANIES

• Canon India starts roadshows from Pune
• Gail keen to acquire stake in Shell’s Hazira terminal
• B’lore to host Express Hotelier & Caterer Show
• Merrill Lynch spots 50,000 high net worth Indians
• Shapoorji Pallonji online lottery next month, to invest Rs 120 cr
• SE Asia back in tourist roadmap
• Nicholas Piramal India raises $10 million ECB
• Britannia board meets after Alagh's sack
• HC declines interim order in J&N case
• US Bills to curb outsourcing losing steam: Som Mittal
• Madras HC clears Calac merger with Aurobindo
• AP Govt sells its stake in Voltas to Tata Sons
• Bajoria sells holding in Bombay Dyeing
• L&T board may spike ICRA plan for cement unit
• Transport Corpn to pay 18 pc
• SICA honour for Lakshmi Mills MD
• National hardware policy in 8 weeks
• DoT dials 3G, moves to frame licence norms
• CAS may change CNBC revenue mix

GENERAL

• WTO rules impeding growth of regional trading blocs
• Traces ff beef, donkey & horse meat found in imported items
• IIP records 4.9 per cent growth in April
• Ministry wants govt aid for Vallarpadam terminal
• States asked to begin work on all projects

BANKING AND FINANCE

• IRDA nod for AFP courses
• Andhra Bank to offer new services
• Syndicate Bank to adopt new risk management system
• Exim Bank pays out Rs 45 cr to Govt
• Corpn Bank cuts rates on forex deposits
• Rating for New India Assurance
• Centurion prunes net loss
• HDFC sells 10 per cent in HDFC AMC for Rs 34 crore
• Kotak Bank wants ‘reasonable mass’ before inorganic growth
• StanChart courts consumers with mega loan mela
• $10-M USAID deal for insurance sector
• Sundaram Finance net up 13 per cent to Rs 46 cr in FY03
• Bonds to protect banks from rate swings: Crisil

CAPITAL MARKET

• Rupee steady; gilts flat
• M&M outlook positive, build June bull call-spread
• Maruti IPO oversubscribed on its opening day
• Tech stocks regain glory; auto, power remain firm
• Saw Pipes jumps on operator strength
• Bailout talk back to lift IDBI
• Bonus, strategic tie-up talk lifts J&K Bank
• Sundaram MF waives entry loads for 3 schemes
• 2 stock brokers remanded in Madhavpura case

INTERNATIONAL BUSINESS

• Bronfman gathers backers for Vivendi bid
• Big Mac adopts new ad blitz to woo back fans
• Ex-Freddie Mac CEO gets $24 mn deal
• 3 ex-Dynegy employees charged with fraud
• Xerox in $3.1 bn recapitalisation plan
• 3Com to cut 10 pc of work force

PEOPLE

• Paul Abraham is new COO of ABN-Amro India