* ADVERTISING: Goafest super jury to take a call on award-wining advertisements accused of plagiarism today.
* AUTOMOBILES: Honda Cars India is planning to export its diesel engine component to European and South East Asian markets, Jnaneswar Sen, senior vice-president, marketing and sales said. Hyundai to launch more cars once $300-mln manufacturing unit is ready.
* AVIATION: Deutsche Lufthansa cancelled five of its seven flights to India on Tuesday after protests by employees seeking better pay. Centre for Asia Pacific Aviation says West Asia carriers may seek 150,000 more seats a week from India .
* BANKING: RBI may push private banks to rationalise commissions to wealth and relationship managers in order to discourage dubious deals. RBI is likely to give banking licences to seven-eight new banks. To clarify that aspirants with pending Income Tax, or CBI cases can also apply.
* ECONOMY: The finance ministry is planning to come out with frequent economic reviews starting July to track macro-economic developments, a government official said.
* ENERGY: The standing committee report to be tabled in Parliament today states that all coal blocks allotted between 1993 and 2008 were done in an unauthorised manner and mines where work has not started should be cancelled.
- Mytrah Energy plans to list its wind energy business on the Singapore Exchange.
- The Cabinet Committee on Investment has cleared 25 blocks for continued exploration of oil and gas. Petrol prices may fall by 2 rupees per ltr next week.
- New and renewable energy ministry has come out with draft norms tfor setting up solar power projects.
* FMCG: Ferrero's surprise toys differentiation strategy is helping it beat Nestles' chocolate unit in incremental sales growth.
* GOLD: Association of Gold Loan Companies India urged gold loan companies to reduce maximum lending rate in the light of falling gold prices.
* GOVERNMENT: Will not tap the sovereign bonds market now to raise dollars, as finance ministry feels the time is not appropriate since gold and crude prices are heading down.
* HOSPITALITY: Thailand 's luxury hotel operator, Lebua Hotels and Resorts, plans to open four hotels in India .
- Hotel bookings in India may rise 7-10% with a number of big events lined up in coming months.
* INSURANCE: Government has listed the Insurance Laws (Amendment) Bill 2008 for discussion in the Rajya Sabha today.
- Life Insurance Corp booked profit of 200 bln rupees in last the financial year, the highest in around eight years.
* LAW: The Supreme Court is seeking Sahara Group's reply on SEBI's arrest plea for head Subrata Roy in debenture case.
* METALS: Renewed land acquisition drive for POSCO's Odisha plant continues peacefully.
* POWER: Switzerland 's ABB will acquire the world's second-largest solar inverter manufacturer, US-based Power-One Inc, for $1.03 bln.
* REGULATORY: SEBI has rejected the 30-bln-rupee initial public offering of Sahara Prime City .
- RBI is likely to retain its stand on the asset-classification criteria and capital adequacy requirement for NBFCs.
* RETAIL: Big Bazaar's new shopping scheme 'Profit Club' finds takers. British retailer Tesco has remained silent on its India plans.
* TELECOM: Supreme Court has issued notices to the telecom department and TRAI seeking their responses on a petition calling for measures to stop "arbitrary
High tariffs" levied by operators for short message services.
- Gartner expects Indian mobile service market to grow by 8% at 1.2 trln rupees in 2013. Attorney-General Vahanvati has opined against refunding entry fee to 2G players whose licences have been cancelled by the Supreme Court.
* TRADE: India may propose preferential tariff arrangement to Iran to boost bilateral trade.
* SHIPPING: Income Tax Appellate Tribunal has held that shipping companies can get tax rebate on food & beverage staff recruitment fees.
