COMPANIES

• Cosmo Films net profit rises to Rs 9.2 crore in Q1
• Elbee, Phoenix ink pack for business growth rejig
• Fiat to infuse more funds into Indian subsidiary
• Amara Raja eyes UPS, power sector
• Infosys reports 7.8% rise in PAT
• Granules India new granulation facility goes on line
• M&M seeks shareholders' agreement for engineering business
• Dr Reddy's gets tentative FDA endorsement for generic drug
• Tata Indicom extends Rs 999 CDMA handset offer
• Progeon registers Rs 72-lakh net profit in Q1

GENERAL

• Govt dilly-dallies on CAS ordinance
• Iffco plans mega diversification

BANKING AND FINANCE

• CARE gives AAA rating for Nabard issues
• GIC to invest Rs 5 crore in APIDC-VCL Biotechnology Fund
• Bank of India to attach PAL properties
• Bharat Overseas Bank to hawk BoBCards
• UBI plans bullion trading
• Central Bank TN CMS branch

CAPITAL MARKET

• Cangilt to pay 3% income distribution
• Sensex gains 58 points
• Maruti shares move up
• Cabinet nod for de-mutualisation of bourses

INTERNATIONAL BUSINESS

• Dell unveils computer-recycling programme
• US, UK majors take the largest slice in Iraq oil tender
• Sony foresees shock risk in certain Vaio laptops
• MSN to expand marketing links with eBay