• IT majors likely to spike BangaloreIT.com
• HAL team to visit Chile for sale of Advanced Light Helicopter
• L&T to invest in plastics and defence equipment plants
• Lenders set to recast BPL debt package
• IBS Software unveils airline cargo solution SmartCargo
• Elitecore Tech to raise $5 million from venture capital funds
• Datacraft sets up global service centre

• Madras High Court passes injunction against BCCI
• India and Thailand in second phase of talks for FTA
• McKinsey: Indirect Taxes retard $300 billion export potential
• Direct tax collections up 35.4 per cent in H1

• Bond prices crash as rupee firms up
• Canara Bank achieves full computerisation
• Iffco-Tokio targets Rs.500 crore premium
• Banks to offer Senior Citizens Savings Scheme
• RBI announces auction of Rs.6,000 crore fixed rate paper
  

• Markets: Action in mid-cap stocks continues

PEOPLE

• Oil prices touch a new record of $53 a barrel
• WFW to represent India in Dabhol legal battle
• Siemens to integrate FLASH-OFDM into its mobile broadband solutions
• Revolutionary tyre system set to replace traditional tyres