News Digest for the day

The Economic Times

Single premium plicies make a big bang comeback
LIC's Bima Plus logs 540% growth up to Dec '04.

Actis, Sumitomo gun for Swaraj Mazda control
Japanese co to put up plan at this week's board meet.

Sky wars: More airlines likely to join 'dogfight' for London
British Airways matches Air-India's rates as battle hots up.

The Financial Express

National Grid fast forward: PowerGrid seeks $2bn from WB, ADB
Hike in inter-regional power transfer from 9000 mw to 36,000 mw.

DBS infuses Rs 462 cr into Indian operations
Bank plans to open 2-3 branches every year.

Nabard calls for special fund for rural sector, more powers
Ranjana Kumar makes presentation to Chidambaram.

The Business Line

FIPB defers clearance to ChrysCap's DCB stake plan
CBDT still to procure necessary info about the acquirer from the Mauritius govt.

Dutch Aegon files application to start AMC
The financial major also mulling insurance business in India.

ADC cut not enough to tackle ILD grey market: TRAI
Trai for stronger monitoring and penalty mechanisms to control grey market.