PwC, SBI Caps to weigh BPCL's move to pick up stake in Essar Oil
Essar Oil and Bharat Petroleum Corporation have hired PriceWaterhouseCoopers and SBI Caps to independently evaluate the Ruias-promoted refinery and expedite the process of the latter buying an equity stake in the company.

Tisco's Ishaat Hussain to move to Tata Sons as fulltime dire
Tata Steel vice-president and director (finance) Ishaat Hussain is set to move to group holding company Tata Sons as wholetime director with effect from July 1.

FIPB clears Koshika Telecom's debt plan
The Foreign Investment Promotion Board on Monday allowed Koshika Telecom to issue fully convertible debentures worth Rs 120 crore to replace its foreign partner Philippines Telecom Corporation.

  Finance ministry blocks NTPC's entry into Petronet LNG
  State Bank of Bikaner and Jaipur's bad debts pile up
  Rallis India, Monsanto sign pact to launch, develop rural programmes
  Premier Padmini to be phased out
  Taib arm to pick up 10% in Compudyne Winfosys
  IL&FS, IDBI may pick up 11% apiece in KPC Bidadi Power Corporation
  J&K Bank chalks out plan to launch into mutual funds
  IDBI to scan Hytaisun Magnetics' accounts
  Union decries IA's move to prune retirement age
  Jet Airways to lease 5 ATR aircraft for feeder routes
  Remidex Pharma drags NPPA to court over vitamin brand price cut
  Iridium to slash prices, staff; beef up market
  Vivendi to acquire Superior Services for $1 bn
  BIFR prepares draft revival scheme for Madurai Cements
  Joyco India considers relaunching Bonkers
  Cadbury House to be leased out to ABN Amro Bank for 9 years
  India Oil in talks with Abu Dhabi National Oil for Tamil Nadu refinery
  Radicura Medichem, Belgian firm in marketing tieup
  SILK bags contract to set up plant for Kerala Minerals
  Esab India bags contract to supply anaesthesia machines
  IndusInd Media confirms exit of three directors
  Business consolidation to give a big push to Dabur
  BSES ties up Rs 750cr for AP & Kerala projects
  Marketplace Briefing
  Central Coalfields, BSEB in fuel supply pact
  Ebony sets store by expansion
  NTPC opts out of Rs 2022-crore Hyderabad Metro power project
  Briefing
  Prasar Bharati to focus on commercial aspect -- New Ceo
  Briefing
  FIPB awaits Shyam Telelink's proposal to approve pledging to Qualcom
  Helsinki Telephone, HP to develop virtual cities
  Usha Martin Telecom, Modi Telstra appoint debt recovery agents