COMPANIES

• Essar settles FRN issue
• Chhabria prevents Mallya at BDA meet
• Svedala to buy Mukand stake in JV
• Sekhsaria, Kapur on ACC board
• Enron withdraws bid for telecom foray
• Nocil plans restructuring
• Bajaj Auto plans 12 new models
• Govt allows automatic route for acquisitions
• Microsoft plans MSN India portal
• Probe against Tractebel
• Blackstone to invest in Sirius

GENERAL

• Indian team in Kandahar for talks with hijackers
• DoT framing guidelines on long distance services
• Dena Bank cuts lending rates
• Uco Bank to talk to staff on arrears waiver
• ICICI Bank ties up with ISP

CAPITAL MARKET

• Dull activity as year-end nears
• NSE revises trading time on 30th
• NHB plans mortgage-backed securities
• Birla MF acquires 2 Apple schemes
• Sony plans share split

PEOPLE

• Kim is Daewoo president
• IPCL director quits to join Reliance
• Prasad Chandran to be BASF CMD
• Vajpeyi is COO of DSP Merrill Lynch
• Manan Lalbhai dead
• Nike co-founder Bowerman dead