• IOC Q1 loss at Rs.54 crore
• ITC Q1 net up 20 percent
• BPCL loss at Rs.431 crore
• L&T exits tractor JV
• Tata Motors Q1 net up 22 per cent
• Essar Steel net shoots up 300 percent
• Alfa Laval net up at Rs 19.65 cr
• ITC forays into personal care products

GENERAL

• Govt stake sale in BHEL and MUL on hold
• Japanese minister: Gurgaon incident not to impact Japanese FDI
• Week ended July 16: Inflation at 4.18 per cent
• Karnataka: Energy audit to be made mandatory after 2006
• Airlines resume normal operations from Mumbai
• ONGC restores 70 per cent of normal gas supply from Mumbai High

• IOB net up 5 per cent at Rs.183.19 crore
• UTI MF to declare dividend on all equity schemes
• Kotak Bank net profit up 51 per cent at Rs.46.50 crore
• Postal Dept mulling plans to set up ATMs
• BoB Q1 net down 46 per cent

MARKETS

• Mixed sentiments greet passage of CAFTA
• Lachlan Murdoch resigns from News Corp.

• Ravi Kant takes over as MD at Tata Motors
• Alfa Laval MD quits — Nish Patel is new MD
• Widrig is new Chief Commercial Officer at BIAL