• TCS sets up research lab in Delhi
• BHEL turnover crosses Rs10,000 crore; net profit at Rs953 crore in 2004-05
• Havell's India to merge Crabtree with itself
• Yamaha Motor to set up wholly-owned sales, marketing and after sales subsidiary
• HP prices new notebook at Rs41,990
• Infosys to revise forecast as Re falls
• Gail Q2 subsidy bill drops to Rs167cr
• AV Birla group increases stake in Idea
• Indian cabinet clears Airbus purchase deal
• Ranbaxy gets US FDA approval to market Pseudoephedrine
• Essar to invest $1.2 b in Trinidad steel plant
• Hughes India announces setting up of third IDC
• Dr Reddy's in deal with Danish co for diabetes drug
• Tyre maker Balkrishna Ind to invest Rs300 cr in expansion plans
• JB Chem receives US FDA nod for Fluconazole tabs
• SatNav Tech to tap West Asian markets
  

GENERAL

• Producer price index to replace WPI next fiscal
• India behind China as FDI hot spot
• Railways extend freight rebate
• Strike cripples normal life in WB
• Committee formed for regulating TV channels content
• Cabinet approves accession to Kyoto convention on customs
• Free sale sugar quota for Oct-Dec released

• Rupee rises a bit; volumes remain low
• Sujana Universal completes $16-million GDR issue
• Sponsors to pay Rs1,237 corer to government for UTI AMC transfer
• SBI Mutual hikes stake in Nagarjuna Construction
• SBI Capital Markets to get into retail broking
• SBI looking to acquire banks in Asia and Africa
• SBI advances grow over 30 percent
• SBI wants stock split in associate banks
• Banks to remain open for extra hours on Saturday
• IndusInd Bank plans $1-billion infrastructure fund

MARKETS

• Suzlon IPO oversubscribed 40 times
• NSDL effects cut in fees
• Sebi bar on 11 brokers in Kolkata
• Hindustan Construction goes in 1:10 stock split

• Global competitiveness: Pakistan moves ahead
  
• Oil stands at $66 a barrel
  
• Google to partner with NASA for research
  
• Basle II gets EU support
  
• Samsung to invest $33 billion in semiconductors
  
• Coca Cola a big success in China

• Oil ministry withdraws Sibal's nomination from ONGC board
  
• Adhik Shirodkar ceases to be director on MTNL board