COMPANIES

• Kalyani net ventures inks pact with Transworld compressor
• Gail to set up 500-MW power station in Tripura
• CIPL chalks out plan to face WTO challenges
• Apollo Tyres close to buying Chinese firm
• Most valuable brands: Coke best, MS next
• IOC, ONGC & Gail finally on selloff list
• IDC forecasts global recovery in '03
• Tatas back Chaukar over audit report
• Serum Institute bullish on BCG vaccine sales
• E&Y named auditors for Xerox ModiCorp
• IPCL plan to pre-pay IBRD loan may get nod
• Kyndal joins race for UDV's Indian whiskies
• Premier Tyres may be closed down
• Tinplate in talks with Usinor for technical tie-up
• Tinplate's charts 2-pronged plan to sustain profitability
• Reliance Infocomm has WiLL to reach masses
• Tata Power Q1 net down 3%
• Amul net up 45%, sales up 3.4%
• High adspends drag down HLL food biz profits
• Telco to expand dealer network
• Indal to become wholly-owned subsidiary of Hindalco
• IOC to sell diesel, jet fuel to Sri Lanka
• Grasim Q1 net up 3.2% at Rs 105.4 cr
• Tata Engg in top gear Product mix, cost cutting pay dividends in Q1
• Satyam Q1 net declines Uncertainty seen in major markets
• IA apex fare offer finds many takers

INTERNATIONAL BUSINESS

• US Senate, House agree on Corp Responsibility Bill
• Buffett lashes out on stock option a/c
• US lawmakers get moving on corporate crackdown
• Diageo sells Burger King
• Honda sues China to regain patent
• Kodak rolls out $284 mn profit in Q2
• US employment costs index rose in second quarter
• Recordati H1 net profit rises 18.3% on year
• Sony Q1 profit leaps 17-fold post Spider-Man
• Xerox Corp posts profit in Q2

GENERAL

• World Bank asks Maharashtra to reorient reform process
• MAVs share in CV market rises
• Satcom firms post 30% growth
• Proposal to provide clean chit for green technology
• AP govt proposes to amend act to help recover sticky assets

BANKING AND FINANCE

• UTI Bank to meet on Wednesday to discuss JPC report
• HDFC net rises 20 pc on higher income
• PSUs back to square one: Gipsa opts out of TPA empanelment
• HDFC Bank goes mass on wealth management servicesLKB serves notices to 78 large defaulters
• SBI Institute plans tie-up with varsities
• AMP Sanmar aims at 30,000 policies this year
• GTB extends mobile banking
• IOB net rises 21.51% at Rs 72.96 crore
• Corpn Bank sets up risk management mechanism
• UBI reward points for performing accounts
• SBM net up at Rs 23 cr in Q1

CAPITAL MARKET

• UTI heads in asset base
• Volatile movement
• ITC's capex plan fails to enthuse market players
• Hinduja TMT rises on BPO order talk
• Record volumes in Satyam stock
• Mid-cap stocks firm even as pivotals slide
• Re steady; securities up

PEOPLE

• Kalam takes over as 11th President
• Carrier Aircon plans to recast management