COMPANIES

• BHEL to invest Rs 900 crore for modernisation
• HCL Info makes a splash in consumer electronics
• Sasken ties up with e-SIM for its mobile software
• ICICI Prudential opts for Mind Share
• Godfrey Phillips India launches cigars

GENERAL

• Chidambaram off to cheerful start
• 60 new Rajya Sabha members on June 21
• Mulayam will stick to Uttar Pradesh
• Karunanidhi rues decision to join government
• WB: Italian finance for waste management and
  water projects

BANKING AND FINANCE

• Rupee loses 5 paise
• Capital-indexed bonds may reappear
• RBI puts UCBs on notice regarding valuations
• Warburg Pincus to pick up stake in Max India
• Oriental Bank to pay 50 per cent dividend
• United Western to pay 15 per cent
• City Union Bank to pay 50 per cent and a 'special'
• Centurion Bank to offer RTGS facility
  

MARKETS

• Sensex: Chidambaram gets his vote of confidence
• SEBI's strategy for hedge funds

INTERNATIONAL BUSINESS

• Rating agencies send mixed signals on India
• Crude dips below $40 with Saudi assurances
• ONGC ties up for technology outsourcing

PEOPLE

• Ratan Tata to be inducted into WEOY Academy
• Sami Labs chief gets US honour
• Top-level shuffle at SRF
• Radhakrishnan is new Executive VP for Mudra South