• U.S. consortium receives Govt. of India interest for wafer fabrication plant
• IOC-OIL combine to bid in the second round for Libyan O&G blocks
• Tata Tea to buy US specialty brand Good Earth
• TCS sees huge growth for software orders
• MTNL to expand CDMA and GSM network in Delhi and NCR this year
• GE Shipping de-merger finalised
• O&M tops ACNielsen ORG-Marg agency Equity Index
• IA's Fortune Safari offer
• Alfa brand enters the soft luggage segment

GENERAL

• PSU board membership to be more inclusive
• High powered panel set up to look at national mineral policy
• Karnataka Govt. promises clean up operation at Bangalore
• Gold imports up at 500 tonnes

• Rupee unchanged - securities up
• Exim Bank extends LoC to Mali and Ivory Coast
• World Bank study urges review of rural lending policy
• Assocham asks for investment of excess SLR funds in PSUs
• PwC study says offshoring of financial services to double by 2008
• UCO bank and Franklin Templeton tie up for distribution of MF products

MARKETS

• SEBI notifies schemes for corporatisation of nine more SEs
• Chidambaram says no speculative bubble, as P/E ratios comfortable
• Tata Tele FCCBs converted to equity shares
• StanChart Mutual closes Premier Fund offer early

• WTO's Pascal Lamy lays out the agenda for HK ministerial
• Fuel prices push up US inflation — Katrina swells ranks of the jobless