COMPANIES

• Tata Tele accuses Reliance of anti competition practices
• Wockhardt acquires UK pharma company for Rs 82 cr
• Volkswagen Audi plans India entry
• ITC to expand Aashirwad brand
• Hughes buys Tenet Tech for Rs 18 crore
• Hutch lowers entry cost
• Reliance plans investment of over Rs 4,500 cr for laying product pipelines
• IPCL hands out VRS to 1,550 employees

GENERAL

• Income from BPO in India to rise to $13.8 b in 2007
• NIC to issue digital signature certificates
• India down by 3 places on development scale
• CAS may get setback when billing system is unveiled
• UK looking to increase pharma research outsourcing from India

BANKING AND FINANCE

• StanChart MF raises Rs 384 cr from Medium term plan
• ICICI Bank disposes off Rs 2,000 crore corporate assets

CAPITAL MARKET

• Maruti scrip will be listed in A group today
• Block deals in HDFC fail to rev up stock
• MFs, FIIs sell Balaji Tele scrips
• IT stocks steer Sensex gains

INTERNATIONAL BUSINESS

• Hyundai Motor plans to recall over 2,77,000 cars
• WorldCom revises financial outlook for 2003-2005
• HP looks to be No 2 in Euro services with mega deals

PEOPLE

• Gautam Thapar joins Bata board
• Saregama reorganises music business