COMPANIES

• GE exits Godrej GE Appliances
• Godrej relaunches GoodKnight
• Accent launch postponed
• Wockhardt Healthcare board okays merger
• IBM-Majestic tie-up
• Indus-IBM tie-up
• GNFC in IT foray
• Blue Star plans to cut equity
• ICI India gets Rs 87 cr from explosives business sale
• Solidaire, Onida plan tie-up
• Maruti says no loss due to Mehta
• Reliance open offer for Raymond Synthetics
• Reliance to hike petrochem prices
• BPCL trading through net
• Dr Reddy's receives milestone payment
• Zandu to hike capital
• Zee plans 3 English channels
• ITC takeover of Rollatainers in jeopardy
• India Cements to foreclose loans
• vSplash seeking venture funds
• Intel's first data centre commissioned
• GM plans unit to buy dealers
• Alcatel to buy Genesys
• Bayer not to sell healthcare unit
• Bill Gates' stake in Microsoft down

GENERAL

• All banks ready for Y2K: RBI
• Rupee falls
• Banks show negative credit growth
• RBI wants to steer clear of power
• Petrochemical prices up
• Insat-3B will make India self-sufficient

CAPITAL MARKET

• Markets up
• Hughes Software flooded with applications
• Peerless revamps portfolio
• HCL Technologies IPO at par value of Rs 4
• Sebi seeks more transparency, to check discrepancy
• Birla’s newsletter causes discomfort
• JM Mutual targets Rs 1,500 crore
• Vatsa denied promoters’ shares listing

PEOPLE

• Radhakrishnan is MD of Bharat Shell
• Kothari to forego salary
• Oberoi is Seagram CEO