COMPANIES

• Falcon Tyres, Siyaram-Poddar, Speedways join hands
• MFs stake in JB Chemicals down to 5.82%
• Govt advises MSEB on Dabhol offtake strategy
• KBL to take up R&D in GM products
• KRL-CoPT controversy: settlement in sight
• WorldCom scandal to hit Indian operations
• Tata Teleservices to buy 50.83% in Hughes Tele
• Feelers to IOC on MRPL stake
• VSNL may face snags, courtesy WorldCom
• Tata Steel geared for price hikes
• ASC Enterprises applies for DTH licence
• Parke-Davis-Pfizer merger swap ratio set at 9:4
• Ranbaxy in licensing deal with German firm
• Tata Steel pact with TN for titanium dioxide project
• Parke-Davis profit dips
• Pfizer Q2 net profit rises 19% to Rs 15 crore
• Ministries slug it out over Balmer Lawrie sale
• EIH net fell 63% in 2001-02
• Kanishka to get makeover from new owners

INTERNATIONAL BUSINESS

• FSA bans Barclays Capital operations for 5 days
• E&Y takes Andersen employees
• Investments yet to roar back in Asia
• Suzuki to take 15% stake in Daewoo Motor
• ABB to sell estate to reduce debt
• Audi H1 revenues down 1.4%
• WorldCom tumbles, drags down telecom sector
• WorldCom woes could help rivals
• CEO to fine-tune WorldCom
• UK railways into state-backed hands
• Sam Wyly to seek 5 seats on Computer Associates board
• IMF asks S Korea to speed up banks privatisation

GENERAL

• Draft model bill for landowners
• CTV sales increased 17% in April 2002
• Riders attached to search and seizure powers for Sebi
• Cibil SAC to meet today on rollout
• Cell phone talk at petrol bunks banned
• NTPC naphtha units get tax exemption
• EOUs, EPZ/SEZ units can sell captive power
• ISO 9001 for Bhima Jewellers

BANKING AND FINANCE

• Canara Bank plans IPO in Q3
• Rupee strengthens, gilts bullish
• Om Kotak plans to benefit from LIC market
• GTB says it has offers from global players
• GTB launches customised product for SMEs
• Citibank India net profit rises 14%
• Bank of India slashes rates on FCNR deposits
• RBI cuts repo rate to 5.75%
• HC rejects Kedars bail plea in gilt scam
• Banks, FIs not to disclose big exposures

CAPITAL MARKET

• Bulls domain continue on the bourses
• Fund interest props up HCL Tech
• Aban Loyd buoyant on merged strength
• Sell Satyam 240 call on the market
• FII buying lends support to recovery
• Sterlite Industries assurance to court

PEOPLE

• Little progress in Ambani's condition
• Jalans Re management wins him a second term
• Ajay Sondhi joins Kotak group