COMPANIES

• Garden Silk goes for new Rolls-Royce engines

• IOC seeks fast track clearance for buy-outs

• Wipro approves increase in share capital

• TeleTech Services to increase headcount

• CompuCredit and Allsec deepen ties

• Analog launches convergence platform

• Tanishq introduces new range

• Chinese major Haier launches range of appliances
  

GENERAL

• UPA: The 100 days
• Assocham opposes private sector job reservation
• Industry posts 9.4 per cent growth in April
• Fiscal deficit up 52 per cent in April
• Inflation rises marginally to 5.03 per cent
• Finance Ministers to meet on June 18
  

BANKING AND FINANCE

• Rupee down 9 paise
• RBI allows banks to raise long-term bonds
• Federal Bank: NRI deposit rates revised
• ECGC: Special credit cover plan for software sector
  

MARKETS

• Tatas bask under TCS sun as market runs for cover
• Shriram Investments to issue shares
• Franklin Templeton merges schemes

INTERNATIONAL BUSINESS

• US Report: Outsourcing job losses marginal

PEOPLE

• Ravi Kant is Tata Daewoo Chairman
• Geliner is MD as Adidas India comes under new ambit