COMPANIES

• Tata Steel makes $7.6bn bid for Corus
• Glenmark in drug licensing deal with Merck
• MTNL launches IPTV
• Jet incurs net loss of Rs55-crore in Q2
• Videocon likely to acquire Daewoo unit for $700mn
• DLF to invest Rs8,000-cr in MP
• Concor to increase rates by 3-6 pc from Nov
• McDowell & Co renamed United Spirits
• Leyland to pay $35mn for Czech co
• NDTV sets up new company to foray beyond news

• New act imposes Rs5-cr penalty for data leak from BPOs
• Government proposes Rs 2,250-cr package for small units
• Jharkhand govt courts Chinese steel company
• Direct tax collections up 40 pc
• CPI seeks amendments in SEZ policy
• India to be part of fusion energy bloc
• Over 38 pc growth in heavy net usage
  

• Rupee gains
• HDFC Bank reports 32 pc rise in net profit
• South Indian Bank registers 383 pc rise in Q2 net
• Punjab & Sind net rises more than 100 per cent

• Morgan Stanley plans expansion

• Sony in battery recall for Vaio laptops
• US crude oil drops below $59
• US industrial production slightly down in Sept
• Top management exodus at Sapient

• Lotus India AMC to appoint new fund managers