COMPANIES

• TCS files draft prospectus for IPO

• IHCL to divest TCS shares

• Manganese Ore achieves highest ever turnover

• Atlas Interactive ties up with BSNL for broadband

• IDEA completes Escotel buyout

• Salem Steel Plant wipes out previous years losses

• Arrow to custom-make shirts

• Tata Indicom's Maharashtra circle shifts to new numbers

• Pinnacle Info becomes Accurum
  

GENERAL

• India may review Iraq situation
• Shyam Saran to be next Foreign Secretary
• Cabinet panel on WTO meets
• Domestic penicillin makers suffer crash in prices
• Nasscom urges security consciousness as USP
  

BANKING AND FINANCE

• Rupee weakens further
• Securitisation Act - IBA to press for pre-appeal deposit
• RBI restricts HSBC buyout in UTI Bank
• TCS to implement HR solution for PNB
• UTI Bank to raise $50 million
• Corporation Bank takes on Boston Consulting Group
• BoI to bring down NPAs to below 3 per cent
  

MARKETS

• Sensex: Portfolios shuffle and drift continues
• Government bills to amend BRA and SCRA
• Anand Rathi group now in Bangalore

INTERNATIONAL BUSINESS

• India-Israel trade centre to come up in Mumbai
• OVL stake likely in Iranian oil fields
• World Bank stresses on fiscal deficit

PEOPLE

• Turner appoints Vivek Krishnani
• Some more changes at Pepsi