Mukesh Ambani

NEW DELHI, May 1- Reliance Industries, owner of the world's biggest refining complex, has raised its dependence on heavier grades from Latin America, replacing some of the Middle Eastern crude it used to purchase, tanker arrival data made available to Reuters showed.

*8,000 km cable to link SE Asia to Middle East. MUMBAI, April 30- A group of telecommunications carriers including Vodafone Group Plc and India's Reliance Industries Ltd have joined forces to build an undersea cable system across the Indian Ocean to connect Southeast Asia with the Middle East.

*Reliance Industries to use Reliance Comms fibre optics. Reliance Industries, controlled by Mukesh Ambani, India's richest person, will pay 12 billion rupees to younger brother Anil Ambani's Reliance Communications for use of its fibre optic network.

March 28- Bank of America Corp's co-chief operating officer, Tom Montag, was once again the bank's highest paid executive in 2012, as his pay climbed 21 percent to $14.5 million.

*Fitch cuts Italy credit rating after election impasse. *Dell, Icahn enter into confidentiality agreement. NEW YORK, March 11- Wall Street edged lower on Monday as investors paused after Italy's credit downgrade and disappointing Chinese economic data after last week's rally that took the Dow to record highs.

*Fitch cuts Italy credit rating after election impasse. *Dell, Icahn enter into confidentiality agreement. NEW YORK, March 11- Wall Street was set for a flat to slightly lower open on Monday as a credit downgrade of Italy and disappointing data from China curbed investors' enthusiasm.