Today's Top Newspaper Headlines

 Reliance takes the GSM call
Seeks licences in 21 circles, may have to vacate some CDMA spectrum

 Airline may need 70% more capital to take off

 Govt to force drug cos to cut prices
Price control looms large if they fail to fall in line

 State faces RBI test on UWB bid
RBI had refused permission to WB, Gujarat governments to hold substantial stake in pvt banks

 Capgemini buys 51% in Lever's India BPO, strikes 7-year pact

 Small talk, big deal
BPOs train employees to get familiar with the cultural underpinnings of clients

 Financial Express

Suzuki-Nissan plan $1.5bn plant
Osamu Suzuki says he is not aware, but govt confirms aplication by the two

 UWB may go to Canara, but Maha govt digs in
Canara Bank has better financials than other PSU banks in race, Maha government to pump in Rs 210 crore

This phone will set you back by $1.3 million
The world's most expensive cellphone designed by Swiss company GoldVish. Gregor Snip, chief of GoldVish, says only 3 piece of phone around the world. Cost - euro 1 million!

Anil Ambani wants GSM spectrum for 21 circles

 Sebi Act amendment soon to create investor fund

 DNA Money

 Subhash Chandra buys stake in UNI, set to join board

 India Inc's new mantra: float and grow
After the success of Reliance's demerger, the rush to unlock value has begun in right earnest

 Dabhol may be split into two companies
As project cost bloats, lenders want power seperated from LNG

 Women fund managers make the cut
Though still a rarity, women are finally finding their feet as money managers

 Business Line

 Auto majors line up big investment plans
Maruti to pump in Rs 3,000cr more, Honda poised to make small car debut

Cairn mulls marketing crude in India

 Over a dozen banks in fray for UWB takeover

 HLL to sell 51% stake in BPO arm to Capgemini

 Reliance Comm ties up with Nokia for sub-Rs 2,000 CMDA handset