COMPANIES

• Rs 500 crore sanctioned for Prasar Bharati's DTH project
• Five killed as GNFC plant explodes
• Kochi Refineries opts for modernisation route
• Micro Labs buys out Dr Reddy's Pondy plant
• Padmalaya Tele Q2 net profit at Rs 4.06 crore
• BSES net spurts to Rs 88.83 crore in Q2
• Astec Valve bags Dh1 million orders for GasFuse product
• Shriram group sells stake in Hi-Tech Arai
• BSES plans to introduce prepaid power

GENERAL

• Travelling through Britain? You need a transit visa
• One-time package for sick PSUs announced

BANKING AND FINANCE

• Allahabad Bank net spurts 123% in H1
• Co-op bank staff wants refinance at 3%
• Govt may cap FDI in pension funds at 26%
• Andhra Bank slashes PLR by 0.75%
• ICICI Bank gets approval for Eurobonds

MARKETS

• Jai Balaji to float Rs 10-crore IPO
• US-64 wipes out shortfall in NAV
• Sundaram MF seeks SEBI nod for monthly income plan
• Reliance witnesses active buying
• Vanguard buy lifts Sensex
• Rupee volatile

PEOPLE

• SEBI bars Talaulicar from market for five years