COMPANIES

• After Alto, Maruti plans new model for overseas markets
• Essar, Ispat, Jindal lead UTI defaulters pack
• FACT initiates steps for layoff, production cuts
• TVS Motor July sale aided by strong demand for Victor
• New medicine brands race ahead of big names
• Max India registers Rs 67 lakh net profit
• Bajaj family plans buyback from Shishir
• Where there's WiLL, BSNL has way
• Tatas deny Idea-BPL merger plan is off
• Reliance Group may take 51% in BSES
• Hollywood looks beyond Coke, Pepsi
• Hyundai offers sub-3 lakh Santro
• Orange, BPL make incoming calls free
• Svizera to offer 25% to foreign firm
• Intl Tractors to pay 350%
• Mortgaging assets to IFC : Usha Beltron to seek shareholders' nod
• SRF Polymers board to consider buyback plan
• SPIC foreign ventures in legal wrangles
• Tata Tea VRS next month
• Birla group to exit MRPL
• ONGC all set to acquire MRPL
• It's action time at BSL
• Heritage Foods to set up 4 more processing units
• Pepsi forays into seaweed farming
• Outlook mulls TV software unit: Plans more niche magazines
• Wockhardt Hospitals to set up 3 more units
• SIV Industries `sick'
• HC extends order on Jessop sell-off
• Radico Khaitan targets Rs 100-cr sales of foreign liquor brands
• MCF plans roadmap for chemicals biz

INTERNATIONAL BUSINESS

• Hana Bank bids for Seoulbank; sale faces hurdles
• Ping An insurance eyes strong growth
• Two top ex-WorldCom executives arrested
• American Express, others pay up on violations: report
• Bosses told CFOs to cook up books: US survey
• Deutsche Bank reports fall in Q2 net profit
• GE CEO certifies results, to expense options
• Justice Department says Andersen appeal 'deficient'
• NZ's Richmond issues full-year profit warning
• Hyundai Motor July sales up y-o-y
• China sets 2003 oil import quotas
• China H1 LPG imports up on low prices
• Israeli products slip through cracks in Arab boycott

GENERAL

• Tax sops to affect revenue marginally
• Tax on life insurance agents stays
• Keeping Uruguay uound promises causing payments problems: Unctad report
• Q1 exports look up, grow by over 11%
• NABARD offers Rs 400 crore to TN under RIDF in 2002-03
• Injunction order sought to restrain TBPC from invoking escrow cover
• For Mayawati, charity does not begin at home

BANKING AND FINANCE

• UTI borrows more from SBI to keep US-64 liquid
• Corporate agents: Irda puts on hold licensing
• HDFC Bank's advisory service facility
• Canfin Homes to beef up marketing
• ICICI Bank property show begins today
• Home loan festival from Vibank
• Transporters seek IRDA action on tariff norms
• TN lorry owners for third party insurance
• Tax-free bonds cap may be set around Rs 10 lakh
• Tax-free bonds look appetising
• Ingersoll Rand CP assigned `P1+'
• ICICI Bank debit card feat
• Lakshmi Vilas Bank cuts rates
• Andhra Bank revises deposit rates
• Union Bank issue at Rs 6 premium
• Drought shadow over retail loans
• CIFCL to raise Rs 400 crore via non-convertible debentures
• BOBL rejigs Bangkok ops on Andersen advice
• BNP Paribas Q2 net dented by weak equity markets

CAPITAL MARKET

• When mantris meet, stocks retreat
• `Debt market volatility impacts bond funds'
• Bears prevail
• Merger hope lifts Burroughs Wellcome
• LIC sells entire stake in Reckitt under buy-back
• SEBI suspends BSE broker
• Drought fears snip tax sop gains
• REC net up at Rs 72.47 cr in Q1; plans IPO
• Rupee firm; gilts rise

PEOPLE

• Sharma takes over at LIC
• Shahaney joins IndusInd Bank