COMPANIES

• HLL's ice cream division achieves a turnaround
• Electrolux not to exit Eureka Forbes
• Thomson to buy out partner from arm
• HPCL opens data rooms for bidders
• ONGC's retail rollout slows down
• Reliance offers cheaper global SMS

GENERAL

• World Bank to provide $348 mn for Tamil Nadu road project
• Supreme Court comes down hard on securitisation law
  

BANKING AND FINANCE

• Crisil sees good times for retail securitisation
• Banks recover Rs 436 crore

MARKETS

• Bank stocks lose steam
• Rupee tad weaker on steady dollar purchases by state-run banks

INTERNATIONAL BUSINESS

• Microsoft co-founder Paul Allen's TechTV on the block
• Amazon sues Web marketers for faking e-mail
• Adidas launches 400 mn euro convertible bond

PEOPLE

• Jalan nominated to Parliament