COMPANIES

• 3 BK Modi officials suspended
• IDBI can take over DPC if Enron pulls out
• ICI India acquires majority stake in Quest Intl India for Rs 152 crore
• Star lines up new programs for weekend viewers
• Tata Power to lay optic fibre network on 12,00 cr investment
• Dunlop petitions AIFR against BIFR order
• DRL gets cautious nod from US FDA
• HDFC Bank to file ADR in July
• Thermax posts Rs 13 cr loss in 2000-01

GENERAL

• 57 bids received for fourth slot in 17 circles
• GDP growth rate for 2000-01 revised to 5.2 percent
• CBDT issues draft guidelines on taxing perks
• 100 percent FDI in autos mooted
• Montek Singh’s strategy to achieve 8 per cent growth

CAPITAL MARKET

• Institutional-buying pushes up Sensex
• US stocks up on investor buoyancy