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Highlights
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COMPANIES
Singapore group may hike stake in Idea Cellular
LG's 3G phones hit stores
Fire at Hyundai plant may affect output for a week
Rs.2,700 crore worth of relief measures for BSNL
IDEA reduces STD/ISD rates
Corporate Results
GENERAL
Govt. hikes EPF interest rate to 9.5 per cent
FDI limit in telecom hiked to 74 per cent
Union Cabinet clears National Electricity Policy
States share in Central taxes up to 30.5 per cent
Economic advisory panel to look at ways to increase credit flow
SAARC: Limited Multilateral pact gets Cabinet approval
BANKING AND FINANCE
Rupee gains 30 paise to close at 5-year high
S&P upgrades foreign currency rating
RBI: Norms for merger of UCBs
Indian Bank Q3 net falls
MetLife India launches new plans
IIEL in joint venture with Henry Butcher
Lakshmi Vilas Bank: Rights issue and bonds to hike capital
MARKETS
Markets: Sensex shrugs off positive news
SEBI: Integrated market surveillance by June
Gujarat Ambuja raises FII and OCB shareholding limits
Glenmark to raise $70 million through FCCBs
Bata to offer 1:4 rights issue
Warburg offloads 3 per cent in Bharti Tele
INTERNATIONAL BUSINESS
Nepal King names new cabinet
Google Q4 profits up seven times
PEOPLE
Pradhan is acting CMD at Nalco
Rao is new ED for NTPC South
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domain - B : Indian business : News Review : 3 February 2005 : index