COMPANIES

• Gujarat NRE may be merged with GNCL
• Eli Lilly's Xigris drug registers 50% survival rate
• Mayajaal Entertainment to set up sports village
• Duroflex plans rubberised coir plant in Punjab
• Nalco output excels in first quarter
• Coromandel Fert to increase authorised capital
• Matrix Labs buys more Vorin shares
• Yamaha starts upgrading its Faridabad plant
• Gulf Oil forms 51:49 JV firm with Oil Bangladesh
• TRAI seeks clarification from Reliance, BSNL
• CSC nod to Rs 124 per share offer for Godavari Fertilisers
• TPC, Powergrid sign agreement for Tala project

GENERAL

• Duty-free imports of rubber against advance licence allowed
• Rajasthan offers more subsidies as part of its investment policy

BANKING AND FINANCE

• SISI, Tata AIG sign agreement to train insurance advisors
• Dena Bank plans more tie-ups for ATM sharing
• SBI's RIB mop-up products to be named soon
• Exim Bank extends line of credit to ABSA Bank
• LICHFL says it is open to interest rate cut

CAPITAL MARKET

• Exide Industries spurts 9.52%
• Rupee up by 5 paise
• Nalco to delist from all SEs save for BSE, NSE

INTERNATIONAL BUSINESS

• US smells a rat in Microsoft's settlement compliance
• Isuzu to supply Mazda with 6,000 small truck