COMPANIES

• Enron board authorises termination of MSEB deal
• Court dismisses Enron petition
• Coke India to shift marketing operations to Mumbai
• Wipro to become a $5-billion company by 2003
• MTNL slashes cellular rates
• Lucent, LG to gain if v5.2 selected for WLL
• Compaq selected to set up IT infrastructure at Ashok Leyland
• IBM launches fastest silicon transistor
• India Cements net up 6.3 percent inspite of depressed market
• Bajaj Auto launches another VRS in bid to shed 40 percent staff
• Balmer Lawrie to be demerged after IBP divestment
• Indian Rayon; much is in a name
• Philips wants a bigger slice of flat TV market
• MasterCard in tie-up with Mascon
• StanChart’s ERS gets low response
• RBI tightens up BoI on Madhavpura scam
• BPL talks to cellular companies for fourth licence
• Essar Steel reduces losses by Rs 235 crore in 2000-01
• Microsoft to launch Windows XP in India by Oct
• Nine L&T subsidiaries declare losses
• Nocil’s project Lotus comes to naught

GENERAL

• GoT-IT ensures level playing field for all players
• India; second highest Internet users market in Asia by 2005
• Slower growth for India says IMF
• Bima Nivesh in present form may be closed down
• Hike in monthly cable bill soon
• The world’s first 3G wireless network may be launched in India
• Inland waterways soon to be open for private parties

CAPITAL MARKET

• US-64 dividend payout may be at 10-11 percent
• CanBank Mutual Fund sees Rs 277-cr erosion
• Liquidity in derivatives market to pick up after a year
• RBI to tighten up call money market for foreign banks
• GTB sells KP scrips as market firms up
• CSE says IndusInd withheld info on bankrupt brokers
• US stocks end mixed, hurt by profit warnings