COMPANIES

• BSNL all set to cut back on procurement of WLL handsets
• Remuneration disclosures: Exemption likely for entities abroad
• International auditor for Apollo Hospitals
• HLL plans relaunch of Brooke Bond tea brand in a month
• Godrej to launch baby care products under Snuggy brand
• SPGL defers board meet to July 16
• Aventis to launch anti-diabetes drug
• Maruti ropes in SBI arms for car finance
• Tata Teleservices to roll out CDMA services by mid-July
• Aluminium cos export revenues likely to rise as premiums spurt
• BPO investors hang up as MNCs enter the fray

GENERAL

• Mumbai, Delhi are among the world's less expensive cities
• Monsanto does a RiceTec, patents Indian wheat line

BANKING AND FINANCE

• NHB Tier II bonds for Rs 400 crore
• State co-op bank plans Rs 400-crore loan disbursal

CAPITAL MARKET

• Government loosens its purse strings
• PSUs volatile on conflicting notes
• Infosys jumps
• Government securities buyback scheme: Bond markets await pricing announcement

INTERNATIONAL BUSINESS

• EBay to expand buyer safeguards
• HK, China ink landmark free trade deal
• Top bankers see sluggish recovery of global economy
• Goodyear, labour union contract talks fail