COMPANIES

• Bata India net profit falls 75% in 2001
• HLL, IOC in Forbes Global list
• M&M plans to reduce stake in MIDL
• Star TV launches new China channel
• Ford for global style for its cars
• UTI's plea on MEP-92 rejected
• ICICI to sell 62% in IT arm
• Bombay Dyeing unveils financial rejig
• White Circle unit goes on stream
• Indica launches sports car
• Tatas to buy Swissair's 75% stake
• Net4India signs pact with deltathree
• TVS Electronics net profit down
• Intertec sets up German arm
• Jumpstart plans office in US
• Hidesign launches new collection
• Modicare starts e-com initiative

GENERAL

• Annuities market thrown open
• Sops for SEZ units
• NTPC, ONGC to set up 150 MW plant in Bengal

CAPITAL MARKET

• PNB IPO oversubscribed

PEOPLE

• MusicWorld CEO to join Sify
• VSNL director quits