COMPANIES

• RIL to begin petrol retailing by June
• L'Oréal sets up Rs 50-crore manufacturing plant
• Ranbaxy plans subsidiary in Spain
• GSK Pharma 2003 net up by 75.3 per cent
• MMTC to pay 25 per cent interim dividend
• TAFE to launch 25 hp tractors
• FACT to hold EGM on Feb 27
• HMT wins award at IMTEX
• Apollo ties up with AP government for e-Seva
• Zee Telefilms to revamp debt portfolio
• ONGC pays interim dividend
• Mahindra Defence projects Rs 100-crore turnover
• Thermax to concentrate on 50-100 MW power plants
• Megasoft to merge with Xius India
  

GENERAL

• Pharma exports exceed $5 billion
• Inflation dips to 6.12 per cent
• Shunglu Committee to study Into IIMs' financial requirements
• IIMs could seek legal view
• L&T CMD Naik wins corporate leadership award

BANKING AND FINANCE

• Restrictions on FEMA transactions lifted
• Moody's raises Forex Ratings of Indian Banks, FIs
• RBI eases import bills norms
• SBI Life launches Sanjeevan Supreme plan
• SBI codifies credit policy
  

MARKETS

• Patni Computers IPO oversubscribed 22 times
• GACL to go for Rights Issue
• Radaan Media to forfeit partly-paid shares
• Filatex shareholders okay preference issue
• Sensex to cross 7000: Poll

INTERNATIONAL BUSINESS

• GM recalls 1.8 million cars
• LG Electronics registers $15million loss in Q4
• Ericsson registers $754m Q4 net