COMPANIES

• GE Pacific in a buy out of Satyam’s stake in JV
• Banc America to set up 100 percent subsidiary in India
• Satyam’s US subsidiaries accumulate losses
• Thapars to sell-out to Piaggio in Greaves JV
• Pfizer may go in for alliances with Indian firms
• Parke-Davis, Pfizer to finalise merger by 2002
• IDBI, Principal plans for insurance venture fall through
• ACC plans to set up captive power plants
• Mercedes-Benz India plans foray into MUV segment
• BT settles payment dispute
• IMG hikes cricket sponsorship rates
• Kalyani Brakes bags disc brakes export order from Bosch

GENERAL

• RBI wants Sica and BIFR revoked

CAPITAL MARKET

• US-64; In for another bailout?
• Sensex gains 78 points

PEOPLE

• Amar Sinha of Radico Khaitan joins Shaw Wallace
• AD Desai is the new GCPTCL chief