COMPANIES

• Ispat to invest Rs 900 cr in capacity expansion

• Amul, Walmart in sourcing talks
• COLT comes calling to India
• Idea pares losses 22 per cent
• Ashok Leyland vehicle sales up 33 per cent
• Tata Power to contest MERC order
• Britannia may get a lady ceio
• IOC reaps a windfall from Re gain, net set to zoom
• No divestment of HAL: Paswan
• SET India in league for DTH club
• Govt to take legal recourse in IHT Case
• OVL profit surges six-fold
• Schwing Stetter planning to source components from India
• NPIL inks pact with French firm
• Tata Motors sales increase by 35.8 per cent

GENERAL

• Tax rates will be stable, says Kalam
• FM radio firms lose Rs 200 cr in FY04

BANKING AND FINANCE

• Federal Bank board approves bonus issue
• Citibank India net up 46 percent to Rs 572 crore
• IOB targets Rs 8,000 crore growth in 2004-05

MARKETS

• Bears rule Dalal Street
• Sensex up by 49 points

INTERNATIONAL BUSINESS

• Oil prices fall after Opec decision to boost output
• GM ex-chairman James Roche Dies