COMPANIES

• Exide to be global source for Hitachi
• Hicks Muse buys Mahendra Hybrid Seeds
• Concorde plans to deal in second-hand cars
• Alstom India hiving off meter division
• SAIL seeks strategic partners for Salem plant
• Essel sets up JV in Germany
• Mannesmann makes a surrender
• Ford Motor wants a wired workforce
• Intel acquiring Ambient
• AT&T to cut middle management jobs
• Kodak, Hewlett-Packard in JV

GENERAL

• Tough budget predicted
• Rs 800 crore for three banks
• First insurance licence by September
• GIC is planning credit guarantee scheme
• Catholic Syrian Bank imbroglio continues
• Ministers’ group on DTH
• Indian Americans launch bank

CAPITAL MARKET

• It’s infotech mantra in markets
• NSE notifies 11 risky stocks
• Satyam Infoway files for follow-on ADS
• No bids by lead managers to be permitted
• Sri Adhikari Bros sells stake to FIIs
• Shriram MF to pay fine under protest
• Kuber Mutual told to repay deposits

PEOPLE

• Kamal Sharma reinstated Hotel Corp chief
• Shyamal Ghosh is telecom secretary
• Mattel CEO Jill Barad quits