COMPANIES

• Indian Airlines, Emery Worldwide in pact
• Picnic in affordable packs
• OIL ready to take up Assam gas cracker project
• HM to seek legal opinion on layoff plea
• General Motors plans small car
• Government to reduce stake in Madras Fertilisers
• Iridium services not to be affected
• Free incoming call facility from Usha Martin
• Microsoft, AOL rivalry takes a new turn
• Japanese Iridium unit to help parent company
• Daewoo restructuring meet postponed
• Fastest computer being developed in Japan
• Kia recalls sedans
• Visa transactions at $1.4 trillion

GENERAL

• Canara Bank software subsidiary looks overseas
• Banks see decline in credit growth
• GIC to restructure schemes
• US immigration shows decline

CAPITAL MARKET

• Aggregate turnover in BSE more than in NSE

PEOPLE

• Banerjee is new CLB chairman