COMPANIES

• Dabur reconstitutes board
• Apcom Computers to offer VoIP solutions
• RBI okays 49% foreign fund holding in Soffia
• SBI retail loan offtake surges
• S&P reaffirms IDBI ratings
• RBI bars FII purchases in SBI
• Star, Zee and Sony come under tax net
• Telco to launch new vehicle in Europe
• IOC ends SCIs monopoly
• Wipro to setup global centre for Corona
• Tata Power to set up 4000-km OFC network
• Enron, GE may not sell DPC stake
• ONGC, Reliance offer to buy BG stake
• Cipla cuts AIDS drug prices by 11%
• Sify, BPL, Bharti bid for ISD licences
• Govt allocates Rs 300 cr to UTI
• Nicholas Piramal plans acquisitions in Europe
• HC upholds MERC authority in DPC row
• Amex ties up with Tradewings
• TVS Motor open offer for 50.30% Harita Fin stake
• RIL wants to market aviation fuel
• Apollo to set up research institute
• Reva exports cars to Nepal

GENERAL

• New auto policy allows 100% FDI
• Govt. clears 100 % FDI in films, advertising
• PF rate may be cut
• Textile exports target pegged at $30 bn in 2004-05
• AP to have tourism institute

PEOPLE

• Kapur made O&M's vice-chairman