COMPANIES

• KLM Air to decide on joining SkyTeam alliance by year-end
• Telco launches campaign against fake components
• Nalco plans to delist from regional bourses
• Teri launches corp round table
• Voltas eyes big export projects overseas
• FIs may participate in Grasim open offer for CemCo
• J&N shuts Kolkata office, sacks 48 staff
• Crisil puts L&T debt on watch; Care to review Grasim rating
• Sebi okays US listing of BPCL and Nalco
• BusinessWeek ranks Infosys 74th in top 100 IT cos list
• India wins 2 Golds and 2 Silvers at Cannes ad fest so far
• VSNL signs ISD pact with MobileFirst
• Patni likely to raise $60-90 mn via IPO
• Empee Distilleries to acquire Alembic unit
• Tata Steel's Steelium may rake in Rs 1,000-cr sales
• SAIL's raw material division posts 9 per cent growth
• European approval for Orchid product
• Birla group to be largest cement producer
• Bata may cut staff to keep its sole tight

GENERAL

• No shower, no power & oilseed output is headed southwards
• Sahib moots ILO-run global fund to eradicate poverty
• Final mini-ministerial meet to be held in Canada in July

BANKING AND FINANCE

• LIC scheme for khadi workers approved
• Mahesh Bank expresses optimism on UCB future
• Union Bank sees 30-pc jump in operating profit
• IndusInd bank to compensate client depository
• Centurion EGM okays new team, merger
• Syndicate Bank's housing loan awareness camp
• HDFC Mops Up Rs 100 Crore
• ICICI Bank offers VRS option
• OM Kotak Mahindra to kick off new pension plan shortly
• Centre puts LIC’s subsidised pension scheme on hold
• DCB set to position itself as mainstream, modern pvt bank

CAPITAL MARKET

• Dr Reddy's: Outlook positive, buy June futures
• BEML registers high volumes
• CLB asked to expedite cases filed by DCA
• Rupee gains more; bonds bullish

INTERNATIONAL BUSINESS

• Vivendi eyes bidders in entertainment sell-off
• China to export steam turbines to India
• Saab signs $1bn deal with Airbus