COMPANIES

• ITC buys paperboard unit of Bilt for Rs 233 cr
• BSNL slashes rates for South-East Asia -`Festive tariffs' for UK, US, Canada extended
• Elgi Equipments bags GMDC order worth Rs 3.9 cr
• Bhansali Engg buys Greaves polymer plant
• TV18 promoters sell 1 m shares
• Samsung's new refrigerator plant inaugurated
• Dr Reddy's floats arm in South Africa
• GMMCO may double its investment in rental business
• Rashtriya Ispat sales cross Rs 3,000 cr
• IBP, Nagarjuna Oil in talks to sell petroleum products
• Kamdhenu Ispat plans pacts for national presence

GENERAL

• TN Assembly orders arrest of The Hindu Editor, Publisher

BANKING AND FINANCE

• Custom House Agents licensing rules to be amended
• Four pvt banks can accept indirect taxes
• SBI drops deposit rates
• IndusInd plans 20 more branches
• Monsoon bonanza for farmers from banks

MARKETS

• Man Ind gains on order talk
• Heavy selling in Tata Motors
• BHEL under selling pressure
• BgSE demutualisation plan hanging fire
• PruICICI launches new product under fund of funds plan
• Motilal Oswal launches PMS
• Forwards surge; gilts decline