COMPANIES

• AP Ferguson withdraws critical Tata Fin report
• Sify contracts 155 Mbps leased line from VSNL
• Mastek zooms to London to handle traffic jams
• Pvt sleuths bring Usha group muck on surface
• Tata Ryerson net profit up
• BPCL, HPCL ban may hit ONGC plan
• Its business as usual at Reliance a month after
• George Williamson to export tea to Russia
• Luxottica told to make open offer for Ray-Ban :SEBI says takeover code violated
• Britannia promoters transfer stake to joint venture co
• Drought likely to hit tax collections
• Investigation of claims : Surveyors want insurers to stop hiring private sleuths
• VSNL unsure of WorldCom dues
• Mitsubishi chems arm plans to hike capacity at Haldia PTA plant 
• Britannia plans new products launch to improve sales 
• Tatas mull lowering retirement age of non-executive directors
• Petrol variant of Scorpio to be launched this month
• NTC to offer VRS for Shengottah unit
• Lenders not to hold more than 25% in MRPL
• ONGC to produce petrol at Uran
• Alliance with Scottish & Newcastle, UB ready to revive Castle Breweries
• HarperCollins teams up with India Today for publishing, distribution
• BHEL unit gets OHS tag
• Keonics aims for 20 pc revenue growth
• SKF Bearings to focus on aftermarket segment
• BG pins hopes on NTPC contract
• SAIL's marketing wing posts 30% growth in sales

INTERNATIONAL BUSINESS

• BTM, Sumitomo Mitsui plan JV for reviving troubled corporates 
• US may grill Rebecca in Enron case
• White House gets nod for business deals
• CIBC to buy Accenture's venture portfolio
• AGF to merge two British fund management firms
• Audi H1 profit falls as costs bite
• Ageing Asia needs to rethink policy, welfare: ADB
• IMF predicts gloomier economic outlook for US
• Singapore chants the mantra of change
• Jet Aviation Intl up for sale, Warren Buffet not in race 
• BMW plans to raise sales by One-third in Five years 

GENERAL

• Asian power firms take up reins as MNCs exit 
• Naik submerging deeper in petrol 
• Gujarat puts on hold decision to declare state drought-hit 
• Tourism department finally agrees to bid adieu to D-Gs post 
• Power ministry ropes in IIM-A to draft CEA recast plan 
• Drought to mar festival demand for oils
• Oil prices fall as Opec members seek higher output share 
• 12th finance panel to review reform-linked sops to states 

BANKING AND FINANCE

• Banks inch towards IFR build-up after hiccups  
• BOBL to hawk mutual fund, insurance products 
• IBA waives multiple charges on Swadhan 
• HDFC Standard life targets 1 Lakh policies In '02-03 
• Bank of Tokyo to transfer deposits to HSBC
• States seek deregulation of development loans
• Grasim mops up Rs 50 cr from `inverse floater'
• NPA ordinance:Empowering the financial sector
• Bank of Rajasthan cuts deposit rates
• Union Bank says IPO will shore up resources
• Irda to open head office in Hyderabad On Aug 12  
• Union Bank notice to 30 defaulters 
• Bank Of Punjab opens 93rd branch
• HSBC India record 17.06% fall in net for FY-02
• Stanchart ties up with Prudential ICICI fund

CAPITAL MARKET

• Volatile movement
• BSE witnesses first-ever 2-way fungibility trade
• Infosys gains on order talks
• Smaller derivative lots suggested
• SEBI nixes firms of Nirmal Bang
• Infotech stocks help in late recovery
• Re sheds 7 paise; gilts rise