Duncans eyes Daga garden, EGM in June-end
Duncans Industries of GP Goenka is eyeing a tea estate in West Dinajpur owned by the Dagas. This is the second time in recent years that Duncans has hit the acquisition trail.

FIPB defers Swatch's Rs 10 crore proposal for 100% arm
The 3.2 billion Swiss franc watch major Swatch group's Rs 10 crore proposal for setting up a 100% subsidiary in the country has been deferred by FIPB, a top company official said.

State Bank turns rupee credit of Karnataka Power into forex loan
In an innovative step, the State Bank of India has decided to convert an existing rupee term loan to KPCL into an equivalent foreign exchange loan worth $ 30 million for a certain period.

  Orient Ceramics plans Rs 35 crore expansion for tiles
  Iridium in trouble, says US report
  Vijaya Bank plans to beef up credit-card base to 80,000
  Le Meridien Hotels to enter heritage segment
  Karnataka okays BPCL's LPG bottling unit plan
  Ashok Leyland's bus to meet Euro-I by next year
  Software Solution Integrated, Microsoft to join hands for software development
  Bengal Paper reopening in limbo as SC closes for vacation
  Khaitan chalks out plan to double exports
  Sony to focus on flat screen CTVs
  New Holland's takeover of Case will not impact L&T venture plan
  Tatas companies top Mumbai reality deals in April
  Asian Hotels sees 7-8% revenue growth
  Metal Box hearing adjourned to July 20
  DoT to begin trial of Cor-Dect-based WLL equipment
  Ernst & Young to conduct second IT security survey
  Marketplace briefing
  Voltas beefs up for faster service response time
  Indian Airlines revs up east sector for take-off
  TTDC chalks out operations revamp
  Project Indradhanush brings cost benefits to Philips Carbon Black