COMPANIES

• Reliance Petroleum in crude supply contract
• Seco Tools in JV with Drillco
• Dunlop defers Sahaganj plant reopening
• GT Business picks up holding in Nirmal Floratech
• Y.K. Modi to buy Korea Telecom stake
• SAP Labs to infuse funds in Indian unit
• IOC, Akbarally’s tie up for new generation pumps
• CA, Bharti BT, IT&T in tie-up
• AC Nielson, MTV sign media contract
• J&N plans to sell equity in financial services arm
• Pfizer-Warner-Lambert merger to be announced
• NTT eyeing Orange
• AOL planning to buy Europe unit

GENERAL

• Inflation rate unchanged at 3.31%
• IDBI clears VRS, new pay structure
• AIG plans $1 billion investment in India
• New telephone service planned
• Now enters Lloyds TSB in British Bank takeover bids

CAPITAL MARKET

• UTI towards corporate governance
• Unichem announces bonus issue
• Vodafone launches $5 billion bond

PEOPLE

• Chartered accountants’ body office bearers
• Madhav Mehra to head World Quality Council
• Telefonica Net unit chief quits