COMPANIES

• Reliance to ease out of power; may use BSES for its power plans
• India; future hub of low end Honda scooters
• HCL banks on software to drive profits
• Hughes to roll out broadband satellite-based ISP services
• SpiceCell rechristened Bharti Mobitel
• BILT to trim flab, freezes hiring
• Bharti to have focussed approached to pure cellular operations, keep away from WLL
• Om Kotak launches operations in Ahmedabad, offers 3 products
• Thermax VRS to cost Rs 15 crore
• HLL extends Denim brand to soaps
• Amalgamated Bean serves up coffee chain
• Maruti ups car prices
• Ford India car sales down 26.6 percent in July
• Wockhardt introduces new anti-depressant drug
• Go ahead given to Terminator

GENERAL

• Supreme Court questions MERC authority on Enron dispute
• DoT specifies licence terms for UMS providers
• Gartner study predicts B2B transactions could cross $14 billion by 2004

CAPITAL MARKET

• FIs stay away from Otis Elevator offer
• LIC to acquire stocks from UTI portfolio
• LIC plans to increase stake in Corporation Bank, OBC
• US stocks low on warnings about Intel

PEOPLE

• Mittal appointed CMD of HZL
• Anupam Puri on board HCL Tech
• FIR filed against Pendse and five more by Tata Finance