COMPANIES

• Daimler Chrysler's Maybach: First deliveries soon
• KEC completes first project in Iraq
• C-DIT achieves breakthrough in fibre optics
• Dr Reddy's sued by Bayer for patent infringement
• Matrix Labs to merge with four other companies
• Bargarh Cement now 100 per cent subsidiary of ACC
• ICICI Ventures takes 54 pc in Arvind Brands
• SEA-ME-WE-4: Bharti Tele joins sea cable consortium
• Cognizant's to construct second campus in Chennai
  

GENERAL

• Summer rains evenly spread in Kerala
• Govt to raise Rs. 1 lakh crore yearly from divestment
• ESC asks for review of withholding tax issue with Japan
• IIM-A paper mauls government handling of IIMs
• Following CERC directive — NTPC to reduce power tariff

BANKING AND FINANCE

• Rupee gains 40 paise
• RBI: Mumbai offices functional on April 1
• G-sec deals shift to DVP-III mode from April 2
• RBI hikes WMA ceiling for states by 13.53 per cent
• PNB to clear cheques through NCRs ECPIX
• Andhra Bank to share ATMs with HDFC Bank
  

MARKETS

• Sensex inches up
• ONGC allotment: Depository freezes process
• BSE-100 indices to free-float
• Interim dividend from Glenmark
• M&M to raise $100 m by way of FCCBs
• Guj Ambuja converts FCCBs to equity shares
• Data Access IPO scheduled for end-May
• Reliance wraps up $250-m term loan syndication

INTERNATIONAL BUSINESS

• Oman, GIC form investment firm
• Inter American Development Bank conference
  opens in Peru