COMPANIES

• Tatas likely to relent on VSNL investment issue
• Tata Infotech net profit down 45% in Q4
• Orchid Chemicals hopes to grow by restructuring
• Morepen Lab buys out Lifespring for Rs 12 crore
• Apollo Tyres expands capacity at Kerala unit
• British Gas to invest $500m more in India
• TVS-E, Tech Pacific join hands in distribution network
• IDBI asked to modify Mafatlal rejig plan
• Cosmo plans to further demand for BOPP films
• Kitply may turn around due to funds infusion
• Kochi Refineries affected by Tamil Nadu entry tax
• Punjab Tractor moves up on stake sale talk
• FIIs stock up stake in ACC
• Mahajan wants review by VSNL
• Bata to shift some of its operations
• LIC, Corp Bank to sell co-branded products
• Investment slab for FIs in airline, telecom soon
• Johnson Waxs Diversey-Lever purchase approved
• Tata Fin gets approval for stake sale to Amex
• Bently Nevada to set up electronic assembly unit
• Telco sees good prospects in non-cyclical business
• M&M plans overseas bases for Scorpio Production
• ACC to issue Esop to management cadre

GENERAL

• Indian promoters of private banks can hold 49%
• Bank of India to cut 5,000 more jobs
• GTB seeks RBI action on panic withdrawals
• Seamens PF board wants relief package
• Australian miner to invest $10m in gold exploration
• Freight on imported crude may go up
• War threat likely to delay Enrons DPC sale
• Hotline information service in Vizag
• Index funds perform very badly
• Bear in command
• IDBI surges on reconstruction plans
• Profit-booking in technology, PSU stocks
• BoB to achieve global standards by 2005
• Sundaram Fin registers 43% drop in net profit
• India Switch to offer ATM outsourcing for banks
• Call to set up dynamic financial standards forum
• Poor marketing, infrastructure add to Mumbai realty woes
• GDS reigns supreme in hospitality industry

CAPITAL MARKET

• US stocks reel under Intel hangover