COMPANIES

• LIC to take 27 percent stake in Corp Bank
• StanChart Grindlays plans to consolidate four businesses under one
• Lucent to retire over 10,000 personnel in bid to cut costs
• Star not to fund anymore net ventures
• Aptech to announce decision on demerger issue soon
• Volvo to launch new tip trailer
• BoI net profit at Rs 252cr
• UTI transfers over 600 staff
• Coke to introduce more ethnic flavours
• Bata plans to shore up bottomline
• Renaissance plans to be the numero uno hotel in Mumbai
• Amtrex Hitachi hits out at design pirates
• RCI launches travel services
• Asian Paints net up 9.29 percent in 2001
• Bharat Petro net profit up by 16.50 percent
• VST, Brightstar imbroglio may be heading for the courts
• Pajero to be launched in Sept, price set at Rs 22 lakh
• Dabhol to challenge MERC order in high court
• UB abandons Inertia-Alcobev merger plans
• TGIF to open shutters in Mumbai soon
• BoI to reduce govt stake by 25 percent

GENERAL

• CII to float global arm
• EU clears cross-border takeovers rules

CAPITAL MARKET

• Sensex in negative territory for sixth consecutive day
• VST scrip spike suspicious says Ask Raymond James