COMPANIES

• Sanofi keen to buy firms to grow
• Sanofi-Synthelabo eyes 20% growth in topline
• Nirma plans foray into hair oil
• LG gets IIT-Delhis stamp on fridge capacity
• Crisil downgrades Videocon rating
• BSNL falls far short of target
• UTI may sell BSES stake to fund redemptions
• FIIs can hold 100% Infosys equity: RBI
• White paper pegs state aid to MSEB at Rs 34,000 cr
• Thirumalai Chem taps MNCs for investing in Malaysian JV
• GTN textiles begins Rs 40-crore technology upgradation
• SCCL to wipe out losses by March 2003
• German pharma firm plans research in India on AIDS
• Ranbaxy gets USFDA nod for Lisinopril
• Hepatitis-B vaccine prices slashed
• ICAI renames auditing practices panel
• Sasken converts Japanese arm into branch office
• Sesa Goa seeks to dispose of Sirsaim unit
• ACC to sell stake in International Ferrites in Rs 40-crore deal
• IOC denies imposing fresh riders on HPL
• Foreign shipping lines ignore SCI call
• Internet base drops 13% in Q1
• Boeing offers to cut price for IA deal
• Ratan Tata for support to auto brands
• Tupperware accused of flouting approval norms

INTERNATIONAL BUSINESS

• Tyson Foods, Ikea settle US embargo violation charges
• Vivendi seeks funds to avert crisis
• Thai Air to sell stake only to domestic investors
• Sanofi eyes on strategic alliance in Japan
• Xerox sued over retirement plan
• Macromedia-BSA to jointly fight piracy
• H-P to cut 5,900 jobs in Europe
• Nissan to boost March subcompact output
• BP sees retail JV with Sinopec in Q4
• No change in Taiwan suppliers post merger: H-P
• WTO working group meet to discuss crucial investment issues

GENERAL

• Govt orders probe into Xerox ModiCorp
• PSU staff gets edge in divestments
• Record BoP surplus of $11.7 billion in 2001-02
• DCA merged with finance ministry
• India, Sri Lanka sign $51-million credit pacts
• NRIs can transfer funds for education, health
• Long-term grain policy committee report this week
• Ficci team to discuss key issues with Iraq
• FDI inflow up by 87% to $501 million in May

BANKING AND FINANCE

• Tata AIG unveils full-life cover
• HDFC subscribes to 6.9% preference shares of RIL
• Indian Bank NPA: Top eight defaulters account 45%
• Geojit assurance on site security
• Cauvery Grameena Bank shows micro-credit as growth catalyst
• Panel for reducing government stake in RRBs
• NRIs hail decision on repatriation of funds
• Margadarsi aims at Rs 2,000-crore turnover
• Kotak Mahindra issue gets Crisil's AAA (SO)
• ICRA downgrades IDBI's long-term ratings
• RBI may shift to risk-based supervision of banks
• Good response to APSFC campaign
• IDBI seeks Rs 45 crore for selling stake in AMC
• Govt to introduce put, call option in market borrowings
• HDFC Bank launches gold card

CAPITAL MARKET

• Old economy m-cap up in last six months
• Sebi panel findings on buyback by month-end
• Rupee strengthens, gilts rise
• Marginal gains on the bourses
• SSI moves up on hive-off talk
• FII interest lifts tech stocks
• Funds show interest in ICICI Bank
• Divestment plans spur interest in HMT stock
• Dollar rally loses steam as US stocks back in focus

PEOPLE

• P R S Oberoi is new EIH chairman
• M K Sinha takes over at NCL