COMPANIES

• Govt signs pact with Reliance consortium
• DCA to probe Reliance group companies
• Indya.com closes net2travel.com
• Ranbaxy ropes in Glaxo for co-marketing 
• Cost overrun hits GACL plant
• Cambridge Enterprises to close half its production units
• Merc to roll out M-class vehicles
• BP told to make open offer for Foseco India
• French firm not to acquire Kolkata hotel
• Air Sahara, Lufthansa tie up
• Yahoo! messenger for Orange users
• Titagarh seeks partner for paper mills

GENERAL

• Rs 1,118 cr FDI cleared
• Microsoft ventures into content management
• Govt to invest more in infrastructure
• PM promises early settlement of Enron dispute

CAPITAL MARKET

• Crisil downgrades Tata Finances NCD
• 3 pharma firms gain Rs. 9,000 crore in 5 months
• UTI move to link US-64 to NAV
• Godrej & Boyce to increase stake in Godrej foods
• UB to up FII holding to 49 per cent

PEOPLE

• Dabur CMD GC Burman passes away
• Hutchison shuffles top managers