COMPANIES

• Daewoo shuts engine plant
• HM slashes Lancer spares parts prices by 20-50 percent
• GIC may face $5 million loss
• HPCL plans Rs 1,000 crore primary issue
• Nagarjuna Fert asked to stop investing in arms
• Infosys Tech offers ESOP
• Spic pulls out of race for MFL
• Oriflame makes India its regional Asia hub
• Arvind Mills to market Healthtex in US
• Movenpick expansion plans
• Titan clocks 9 per cent rise in sales
• Amex launches travel card
• Amul to set up 4 pizza factories
• Bombay Dyeing to cater to the popular market
• SWC to set up arm in British Virgin islands
• Orangeboom beer from Netherlands to be launched in India
• UB to hike Kalyani capacity
• Rs 63-cr Glaxo VRS

GENERAL

• US airlines slash 70,000 jobs
• UN slams Taliban
• Pentagon orders warplanes to Gulf
• Judicial probe into Enron deal
• Airlines levied heavy insurance surcharge
• Steel alliance demands financial package

CAPITAL MARKET

• US stocks continue to slide
• Sensex moves up

PEOPLE

• Zydus chairman Patel passes away