COMPANIES

• TCS crosses $1-b revenue mark
• HLL to transfer vanaspati biz to US co Bunge
• HCL Technologies to set up contact centre in Malaysia
• `Wadia, Danone committed to partnership
• BHEL bags Rs 475-cr order from IOC
• Indian Rayon buys TransWorks for $13 m
• Birla, to hold equity stake in STAR News
• Hiranandani plans foray into Noida, Pune

GENERAL

• ICC withholds entire Cup payment due to India
• Call centres exempt from service tax
• IOC's Irugur terminal bags green award
• PM Gives Free Hand To Prasad
• Trai plans uniform termination fee for telcos

BANKING AND FINANCE

• Rupee firms up; gilts rise
• Strong rupee: FIEO seeks RBI action
• Changes in Act soon to check home loan NPAs
• Srei net up 26 pc; halves dividend to 10 pc
• Hudco sanctions Rs 516.35 cr for N-E States
• Bajaj Allianz To Enter Credit Insurance Biz
• OM Kotak's premium income up
• CUB keeping pace with changing trends
• KUIDFC to set up asset mgmt company

CAPITAL MARKET

• Maruti share may be priced Rs 122-125
• Sharekhan seen to revive interest in Net trading
• SHCIL suspends 2 schemes
• Sebi To Seek Data On L&T Stock Price Movement
• Nasdaq mounts fresh pitch for Indian banks

INTERNATIONAL BUSINESS

• US enters $90bn red zone in May
• PeopleSoft to reject Oracle bid on antitrust concerns
• Fiat denies plan to shut Mumbai plant
• Continental Airlines to offer onboard e-mail

PEOPLE

• Another Infoscian joins Phanesh Murthy