COMPANIES

• GMMF, Tata to brew coffee together
• FIs reject open offer of Modis
• HLL most valuable; HDFC latest entrant in top 200 companies in Asia
• ITC recasts subsidiaries
• Citibank net up 41 percent
• 1,000 percent dividend from VSNL
• Maruti, Hyundai sales up in June
• ETC Networks ties up with TV Asia of US
• Nestle to spread Pure Life
• Nestle to focus more on Maggi brand
• VRS for Balco executives
• Cipla for huge gain from omeprazole supply deal
• Essar out of power for now

GENERAL

• Minimum investment for 4-wheeler makers--100m
• Re down to historic low of 47.14 to a dollar
• Bidding rules for cellular license
• Three US firms interested in DPC says IDBI

CAPITAL MARKET

• UTI suspends US-64 sale, repurchase
• Banks may be hit
• Retail investors to be hit
• UTI to sell off strategic holdings
• Markets down on launch of stock options

PEOPLE

• ABN Amro corporate banking chief resigns; joins Credit Lyonnais