• Tata Motors and Fiat sign wide ranging MoU
• UB group consolidates liquor business under United Spirits
• Oil India's Numaligarh-Siliguri product pipeline plan cleared
• Hindustan Oil strikes oil in Gujarat
• DUBAL, L&T to set up Rs.15,000 crore alumina refinery in Orissa
• Kudremukh to invest Rs1,500 crore in expansion activities
• Windows XP starter edition to be available in nine Indian languages
• Russia's National Depository Centre opts for TCS clearing and settlement platform
• Dhamra Port project work to achieve financial closure by December
• VSNL slashes broadband tariffs
  

GENERAL

• Sri Lanka PM Rajapakse to try for greater integration with Indian economy
• IT sector backs off boycott plan of Bangalore IT fair

• Rupee slips further - securities decline
• RBI: Six States to raise development loans of Rs.839 crore
• RBI asks banks to finalise vendors for cheque truncation by October
• SpiceJet to close US$70mn FCCB issue in October
• ICICI Bank opens 2 branches in UK
• Dena Bank to start 12 hour banking in Mumbai and Gujarat

MARKETS

• Government clarifies probe restricted to penny stocks
• Markets: A day of circuit filters

• Italy faces credit downgrade as finance minister resigns
• Sony to slash 10,000 jobs worldwide