• ONGC may supply gas to Torrent Power's Surat plant
• Indoco Remedies to enter US markets with ophthalmic drugs
• Bosch to supply locally made CRDi engines to Indian automakers
• Gangotri Tex to raise stake through preferential offer
• Nahar Industrial to expand capacity
• Apollo Hospitals ties up with Saudi group
• RINL to get back to profitability
  

GENERAL

• SSI list may be pruned
• PM identifies six priority areas for further development
• Govt. to undertake trials for ayurveda drugs
• OneIndia fails to take off once again
• WEF report says oil prices may cross US$80

• RBI clears appointment of 'Business Correspondents'
• Aviva Life increases capital by Rs.139-cr
• Birla Sun Life to use automated underwriting software

MARKETS

• India Infoline to offer investment banking
• Bank of Rajasthan ties up with Principal PNB for distribution
• JM Financial hikes investment in NBFC: to set up private equity fund
• FIIs may take part in Reliance Petro IPO

INTERNATIONAL

• Dubai Ports thwarts PSAs bid for P&O with £4bn offer
• G.M. reports US$8.6bn loss for 2005 - worst since 1992
• Struggling First Data Corp. to spin off Western Union
• Guidant accepts Boston Scientific's offer as J&J opts out