COMPANIES

• IOC posts 112 per cent higher 2002-03 net at Rs 6,115 crore
• Aventis Pharma may unveil insulin Glargine this year
• SKSSL gets Rs 40-cr order from JV partner
• IOC likely to buy Basra light crude
• Toyota Kirloskar lay launch int’l utility vehicle
• Tata Engg outlines Rs 1,500-cr capex plan for new product development
• Huge potential for small car in India: Ratan Tata
• Tisco targets 20 per cent sales from branded products this year
• SOTC suts South East Asia package fares
• Ministry okays VRS in ONGC, Indian Oil
• SEBI plans to modify debenture trustee norms
• Fair & Lovely lends a hand for women empowerment
• Needle to pinpoint markets abroad
• LG Electronics' Bangalore branch records Rs 100-cr turnover
• Bata to bet on innovation, creation

GENERAL

• China to amend Sikkim map
• JT group to boost trade ties
• Food industry bitter about Chinese honey
• States asked to exempt local taxes
• Core sector growth slips on oily ground to 4 per cent in May

BANKING AND FINANCE

• HDFC Bank goes retail with wholesale banking
• States debt level may touch Rs 12,00,000 crore by 2007’
• IBA hints at 0.5 per cent cut pn PLR
• Aviva Life Insurance targets 3 per cent market share by Dec ’03
• ROCE method should be extended to pvt terminals’
• Dewan Housing to get Rs 60 cr from IFC
• Forex dealers can offer rupee options from July 7
• UCBs allowed to extend loans to their directors
• Kisan cards use picking up
• Bajaj Allianz opens office in Kerala

CAPITAL MARKET

• Fund buying lifts MTNL
• Institutional sell-off seen in Sun Pharma
• Hindalco falls on FII selling
• Indo Gulf at new high on open offer notice
• Matrix Lab up on revenue hopes
• Meet settlement obligations: CSE tells members
• SEs allowed to refund up to Rs 3 lakh capital to brokers
• StanChart MF open to acquisitions
• Aditya Birla co makes offer for 20 per cent in Indo Gulf
• PSB plans IPO for Rs 100 cr
• SEBI clears way for more retail investors
• Rupee down 3 paise; gilts range-bound

INTERNATIONAL BUSINESS

• Former Microsoft employee faces fraud charges
• Sony Ericsson cuts product range to reach profit
• BA rejects Virgin's offer, says Concorde won't fly
• Volkswagen Beetle to disappear forever
• Oracle drops condition to complete PeopleSoft bid
• IFC signs $ 50 mn loan agreement with TELCO

PEOPLE

• Hauggaard shifted to Oriflame, Serbia