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COMPANIES
- Reliance
group to set up a biotech company
- BG Energy
to enter into technology sector
- Oberoi
Group to set up hotels in Morocco
- Cummins
India plans new acquisitions from 2003
- Shaw
Wallace restarts sales of 'Royal Challenge'
- JD Edwards
to set up 100 per cent subsidiary in India
- M&M
to focus on export of utility vehicles
- Enron
likely to seek arbitration against MSEB
- Sterlite
wants Balco to be cheapest aluminium producer
- Glaxo
India, Merial extend marketing pact
- Alstom
notches Rs 12 crore turnaround profit
GENERAL
- NRIs may be
allowed dividend repatriation
- India
ranked 22nd most corrupt nation in the world
- Forex
reserve goes up to $41.8 billion
- Nabard
to offer Rs 1000 crore for rural funding
- Inflation
rate drops to 8.5 per cent, despite food prices
CAPITAL MARKET
- Sebi to probe
Morgan Stanley in price swings
PEOPLE
- Mr. SC Krishna
takes over as new Balco MD
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