COMPANIES

• Crompton Greaves to split into 3 entities
• IOC may have to pay Rs 1,000 per Lubrizol share
• Telco considering contract manufacturing
• Tisco examining future of steel
• IOC shuts down Panipat refinery
• AB Electrolux to hike stake in Kelvinator company
• 3 BPL companies merged with BPL Sanyo Utilities
• Bombay Dyeing net up 18%
• Crompton Greaves posts loss
• Rolls Royce calls back cars

GENERAL

• President queries PMO again on telecom waiver
• ANZ predicts interest rate cut
• ICICI Bank posts higher profit
• Hudco takes back land allotted to Leela

CAPITAL MARKET

• Downtrend in market
• New listing norms for telecom, IT media companies
• Half-yearly results may have to be audited
• Hindustan Lever may announce interim dividend
• Mahindra IT co to seek US listing
• Nasscom plans rating agency
• IDFC given highest rating
• Supreme Court's directive in plantation companies' cases

PEOPLE

• Michael Capellas is Compaq CEO