COMPANIES

• L&T acquires majority stake in dredging company
• Infosys values HR resources at Rs.46,637-cr
• Brand Infosys valued at Rs.23,000-cr
• ONGC despatches first crude oil cargo from a marginal field
• BSNL rationalises call rate tariffs
• Khaitan's to build up Powercell as another Eveready
• Louis Vuitton, Lladro seek permission for retail foray
• Nagarjuna Const. bags first overseas order of Rs.116-cr
• Berger to hike prices of paints
• HCL Tech in marketing pact with Microsoft
• Everest bags Hyundai account
• TVSICS bags Hyderabad Intl. airport deal

GENERAL

• Govt aims at 20,000 MW from non-conventional sources by 2012
• Monsoon sets in over southern rim of Bay of Bengal
• PSUs losing $51mn per day on fuel subsidy
• Petroleum, gas regulatory board to be in place soon
• GAIL contracts for costliest LNG supply ever
• Parliamentary panel asks for 9.5 per cent interest on EPF

• New guidelines to distinguish stock traders and investors - higher tax likely for FIIs
• Rana Sugars to list GDR issue on Dubai exchange
• Citigroup Global advances schedule for open offer of MphasiS BFL shares
• XL Telecom files prospectus for public issue

• Jury begins deliberations in Enron trial
• Xstrata in fray for Falconbridge - outbids Inco
• UPS unveils $1bn expansion at its main air hub