• RIL Board vests full authority in Mukesh Ambani
• DoT imposes Rs.150 crore penalty on Reliance
• Hyundai drops Elantra prices
• Indian Immunologicals launches world's first Nimesulide injection
• Kothari Sugars promoters inject capital for revival
• Hero Mindmine to tap training outsourcing solutions market
• Intec Group firms up plans for software unit
• Big B in new Boroplus ad
  

BANKING AND FINANCE

• AIBOC sets up independent commission on banking issues
• AIBEA: Debar defaulters from holding public positions
• Unions oppose merger of BoI and Union Bank
  

MARKETS

• Yukos executives leave Russia

• Agarwal is Wanbury's technical head