• Reliance Industries to complete Jamnagar refinery expansion by 2009
• REC to raise Rs 9,000 crore
  

GENERAL

• TV, AC, housing to have higher weightage on new price index
• India most bureaucratic
• Local-buy clause could be incorporated in FDI in food retail
• Panel clears 20 mt coal linkage for power units

• Bank mergers up
• Rupee firmer; securities down
• IDBI to set up info kiosks with trading facility
• Canara Bank to issue bonds to raise Rs 500 cr
• Fin Min gives banks, coops more time to file quarterly returns of deposits
• SBI Life comes up with two new products

MARKETS

• Ceat floats 3:10 rights issue
• Hindalco approves rights
• Suzlon IPO oversubscribed 15 times
• Sujana Metals completes preferential allotment

• Google founders listed in Forbes list of wealthy Americans
• New appointments at Infosys