COMPANIES

• Groupe Bull plans exit from PSI Data
• Pentamedia hits road block again on Film Roman deal
• Government rejects McDonald’s bid to remit licence fees
• Two companies in the race for ICI India’s pharma division
• Indian Hotels and East India in race for Hotel Corporation
• Ashok Leyland plans roll out of luxury bus
• RPG may offload stake in MusicWorld to FIs
• Maruti Udyog plans entry into tertiary services
• Enron appoints consultants for business valuation
• RPG group introduces massive VRS
• Reliance Industries chalks out ambitious R&D strategy
• Hoechst likely to exit TB market in country
• IBM makes blockbuster breakthrough in storage technology

CAPITAL MARKET

• Sebi in turmoil over vacancies
• Despite political crisis, the sensex rules steady
• UTI launches damage control exercise on MIP-95
• Open offers in PSU divestment to non-government companies, a must
• ITC raises bid for VST to Rs 120 per share

PEOPLE

• Sony TV reorganises top management
• Mirc Electronics inducts outsiders on board