• Lodha backs off from Indo Gulf
• Warburg Pincus offloads 3.35 percent in Bharti Tele
• Reliance Info rattles GSM operators with new tariffs
• BSNL clears 67,000 on the waiting list in Kerala
• World Phone's global calling cards in Karnataka
• Nimbus to collect Rs.300 crore from cricket telecasts
• Sara Lee launches Hanes apparel brand in India
  

• Joint study group to boost Indo-Japan ties
• FDI inflow up to $814 m in Q1
• Inflation goes up to 7.61 per cent
• Crude oil import bill jumps 51 percent in Q1
• TRAI amends tariff order for cable rates
• Car sales up 18 percent in July
  

• Bond prices up as rupee rise is checked
• RBI introduces overnight fixed rate repo from Aug 16
• United India and Indian Bank tie up
  

• Markets: Midcaps rule the roost
• ING Vysya to launch Medium Term Income Fund
• NIIT to start trading from Aug 16

• Moody's upgrade SBI's deposit rating
• AOpen's new 16X DL DVD burners - 16X Speed with 8.5GB Storage
• EDO awarded torpedo sonar contracts
• Zinc-air hybrid bus to be commercially available quicker
• 3G Mobile Wireless: Evolutionary step in mobile wireless networks

PEOPLE