COMPANIES

• Intel buys out Thinkit
• Microsoft to invest in Chrysalis
• Birla group, Mangalore Refineries plan power JV
• Maruti loses market share in Jan
• NIIT, Telstra in tie-up
• Atcom has big B2B plans
• Parke-Davis sells Mumbai property
• ICICI mulls holding company for Internet investments
• BIFR okays Rama Fertilisers’ merger plan
• Essar may be able to use Hy-Grade payment
• Warner accepts Pfizer offer
• All set for Vodafone-Mannesmann merger
• P&O to demerge cruises business

GENERAL

• RBI governor says interest cut necessary
• FDI in banking suggested
• IDBI eyes Union Bank, PNB
• Madura Bank to offer loans against shares
• Ministry recommends 100% FDI in IT sector
• Satyam, BHP proposals get nod
• Government may regulate pay channel rates
• ECB raises interest rates

CAPITAL MARKET

• Infotech stocks continue as favourites
• Kothari Pioneer has an online fund
• Mercantile Securities becomes Navimarkets
• Templeton AMC enhances equity base
• Centurion Bank’s private placement

PEOPLE

• Peter Selvarajan to head Modern Foods
• Suraj Kaley is Templeton marketing head
• MTV man joins UTV Interactive
• Jamshyd Godrej is WWE-India president