COMPANIES

• FDA nod for Glenmark's Ankleshwar unit
• Ocimum licenses gene tool to 2 Canadian companies
• Torrent launches anti-arthritic painkiller
• Asahi India to invest Rs.600 crore
• Siemens and Aethra to offer conferencing solutions
• SAP to make additional investments in Bangalore
• eBay completes Baazee buyout
• Triton to handle creatives for Yes Bank
• Apple launches iPod mini in India
  

GENERAL

• IICT plans chemical weapons testing lab
• PM to decide on FDI hike in telecom
• Merrill Lynch: IT services export to reach $23 billion by 2006
• Trade with China to touch the $10 billion mark
• FIEO: Rebuild the old Stilwell Road
• MERC: Captive plants may sell surplus power
  

BANKING AND FINANCE

• Rupee weaker
• Flexcube to be deployed with South African Postbank
• HDFC increases fixed rate loan band
• Govt notifies the Senior Citizen Savings scheme
• RBI: Steering committee to implement Basel II norms
• Allahabad Bank raises FCNR, NRE rates
• Bank of India pays Rs.33.85 crore dividend
  

MARKETS

• Markets: A sell off after three days
• TCS initial offer subscribed 3.36 times

INTERNATIONAL BUSINESS

• US oil prices rise above $44
• AMD's Opteron to support server virtualisation software
• AMD offers professional design support services
• Lucasfilm launches animation outfit at Singapore
• Linare offers Professional Edition Linux

PEOPLE

• Sarin and Mittal on Forbes power list