COMPANIES

• ICI India calls AGM on directors' pay
• Novartis sues Dr Reddy's in US for patent breach
• Pawar meets Rahul Bajaj
• Case against sell-off move Jessop is in core sector, says employees' union
• Wipro Q1 net drops to Rs 220 cr Buys majority stake in Spectramind for Rs 406.9 cr
• Visesh lines up pref issue for acquisition
• Power disruption no damper Tata Steel to stick to Q2 production target
• Pepsi reports buoyant growth
• PSEG to quit India Quotes non-payment of bills, lack of sanctity of contracts
• Bharti dials international Tariff war hots up
• VSNL cuts rates up to 40 pc
• Growth of pink slips in software firms slows
• VSNL may lose part of WorldCom dues
• Now, call the US at Rs 24 per minute
• UTI may fight TV Tipu in court
• Hindalco to take over Indo-Gulf's copper biz
• BPL Communications' US investor goes to court
• FIs ready for showdown with Modern Syntex
• DRL files ANDA for terbinafine HCl tablets
• Crocodile to shed 26% in marketing arm
• Virgin may get nod for third flight
• Wipro IT business moves northward as prices stabilise
• Panjon promoters hike stake to 60 per cent
• Nicholas Piramal Q1 net up 71% to Rs 31.15 crore
• NTPC Simhadri plant to be synchronised before August
• NIIT bags Rs 155-crore training order from Andhra Pradesh

INTERNATIONAL BUSINESS

• US steel cos seek more protection
• Norway wants more women in boardrooms
• Sears beats street, Q2 net at $420m
• US trade deficit up to record $37.6 bn in May
• Philip Morris net up on international revenues
• Samsung Electronics posts record Q2 net
• BoJ expects no further dollar decline

GENERAL

• Modi resigns; seeks Assembly dissolution
• Growth suffered due to negligence by centre
• Power ministry wants home ministry to bear security costs
• Govt may allow low caratage gold for re-export: DGFT

BANKING AND FINANCE

• Anagram Securities opens branch in Karnataka
• No approval sought to sell holdings: UTI
• Tata MF plans to tap retail, high net worth investors
• Annuity plan with definite returns `not feasible'
• Dabur open to Aviva raising stake in venture
• Banks likely to resume power sector funding
• Repo rate sustainable: Jalan
• New Bill on NPA introduced
• ICICI Bank opposes bid to wind up Kothari Petro
• Govt rules out PFs entry into capital markets
• Insurance firms must tap rural business
• Reserve Bank will maintain liquidity, Says Jalan
• 144 employees eligible for Sicom VRS

CAPITAL MARKET

• Bears regain control
• United Phos gains ground as funds hike stake
• Bearing stocks in the limelight
• Talk of bulk exports lifts Wockhardt
• `No plans to invest PF balances in capital market'
• Pharma majors in good health; techs suffer
• Decision on equity sale by PSUs in a week
• Re up 4 paise; gilts lose
• Smaller auto scrips rise on better sales

PEOPLE

• Raman Roy back in the limelight
• George Varghese quits Hughes Tele