2. Country’s largest private mobile operator Bharti Airtel and Axis Bank made a partnership to provide banking services through Airtel Money platform.

3. Grammy-winning disco legend Donna Summer (Queen of Disco), who steamed up the charts in the 1970s and 80s with raunchy hits like “Love to Love You Baby” and “Hot Stuff,” died at age of 63.

4. Reserve Bank of India (RBI) has decided to set up a $2 billion swap facility for SAARC (South-Asian Association for Regional Co-operation) member-nations, the swap will be offered in U.S. dollar, euro or Indian rupee against the domestic currency.

5. The National Anti-Doping Agency (NADA) has issued notice to National record holder in the 400 metres, Manjeet Kaur, for her “failure” to submit to a dope control during the Federation Cup meet at Patiala last month.

6. Pastor Maldonado gave Williams a first Formula One race win in almost eight years, when he fought off local hero Fernando Alonso in a thrilling Spanish Grand Prix.

7. Seeking to diversify its business portfolio and venture into new and challenging areas, Oil and Natural Gas Corporation (ONGC) has drawn up plans to enter the marketing and re-gasficiation of LNG and into the City Gas Distribution (CGD) business.

2. The Reserve Bank of India (RBI) on  raised the interest rate ceiling on NRI deposits in foreign currencies by up to 3%.

3. IT department has discovered more than Rs 5800 Cr of concealed income in low profile MSME, during 2010-11.

4. Hungama Digital Media Entertainment Pvt. Ltd. has been conferred with the Preferred Marketing Developer (PMD) badge by Facebook.

5. Thane Janata Sahakari Bank (TJSB), a cooperative bank, will soon offer customers the facility to deposit cash 24 hours a day at four branches in Maharashtra and Goa.

6. HDFC Bank and Wells Fargo, a diversified financial firm, have joined hands to enable NRIs in the United States to quickly remit money to beneficiary’s HDFC Bank savings account in India.

2. TVS Group acquired which independent wholesale distributor of commercial vehicle parts and accessories Company……Universal Components.

3. Sify Technologies Limited will sell its entire stake in MF Global Sify Securities India Pvt. Ltd. to which company…..Phillip Capital Group, Singapore-based financial services company.

4. Who is appointed as chairman of Haldia Petrochemicals….Partha Chatterjee, West Bengal Industry Minister

5. An Indian firm is buying Fidelity Worldwide Investment‘s Indian mutual fund business, becoming the 10th-biggest equity fund house in India…….L&T Finance.

Existing shareholders of Satyam will get two shares of Tech Mahindra for every 17 shares held (Swap Ratio). The combined entity, with revenues of $2.4 million, will generate more value for shareholders. Share prices of both companies rose after the merger announcement. The bigger market analysts has configured this merger as win-win for everyone.