COMPANIES

• Ranbaxy ADR plans on, considers Brazil production unit
• Oyzterbay chief designer bags award
• Dr Reddys ahead in race to procure US patents
• Schwing sets up first ready-mix concrete plant
• Global majors showcase SPV potential at German facility
• Logix sees 40% growth from Izmocars
• Vederah is new BILT Deputy MD
• Tata Tea to focus on brand synergies
• Thomas Cook (I) plans foray into Maldives, Bangladesh
• 11 divested ITDC hotels show Rs 23-cr deficit in gratuity
• Mico plans to turn global development centre
• Yearly net profit of 581 major firms rises 10.8%
• Tighter shareholder pact sought
• Fabiani raises $20-m second India fund
• India Inc raises $10 billion via GDRs, ADRs
• IDBI corporatisation to be delayed
• For Rs 23 lakh, IA will teach you to fly
• RIL to float largest global bonds buyback offer
• Ramee in talks to buy three Guestline hotels
• ONGC threatens BG of termination
• Oil companies put pipeline projects on the backburner
• HPCL to enter Indonesia, Malaysia

INTERNATIONAL BUSINESS

• Indictment seals Andersens fall from grace
• India-Iran-Russia corridor shapes up
• Greens force $390k fine on refinery
• $22-b World Bank loans freed as G7 settles row
• US economy sound despite clouds
• Asian FMs to talk on investments at Thai resort
• 24 killed in Chinese cyber cafe fire
• Italenergia-Fiat deal worries lawmakers
• London to lose 21,000 jobs by 2003: Study

GENERAL

• Talks with ADB, World Bank for $2-bn loan soon
• Overseas bidders for SCI stake told to float SPV
• Fiscal sops if crude prices top $24 a barrel
• Govt plans to trimming cost at major ports
• Govt plans to raise telecom FDI cap
• Govt formulates panel for underestimated FDI flows
• Ficci study says investment climate has improved
• Foreign banks in India have more options

BANKING AND FINANCE

• RBI strategy bristles with risk for banks
• BoB to invest Rs 400 crore in IT
• Banks urged to raise CD ratio in Kerala
• TN interest in ICICI Bank product on ST deferrals
• Banks told to submit details of deposit rate structure
• RBI against urban co-op banks setting up primary dealer

CAPITAL MARKET

• ICICI Bank, MTNL, SBI push Sensex up
• Rupee movement hinges on dollar inflows
• Housing finance firms report good business at expo
• Housing mortgages turn an attractive deal