COMPANIES

• Bayer (I) plans consolidation via acquisition, research 
• Tata Tea outlines new brand promo, export thrust
• NPIL to close Mumbai property deal soon 
• Infosys, L&T to chip cin for local assembly of SU-30MKIs 
• BPCL to hike stake in Bina refinery; Oman Oil opts out 
• Rape of the rock: Coca-Cola, Pepsi fined Rs 2 lakh each 
• Cabinet meet on VRS in ONGC, BPCL tomorrow 
• Noel Tata may take over as Chairman eventually
• ICAI suspends Ferguson partner
• ISPs: From stand-alones to add-ons
• DCA to bar directors of erring firms
• Eleven firms submit EoI for Nalco
• Tata Tea to boost exports by 15%
• Mukta Arts forays into TV software
• Slab to sink: No decline in vigour, Vim at 99
• Tata Tea forced to call poll for 8 resolutions at AGM
• Continental to outsource 2-wheeler tyres from Metro
• Nocil to sell HDPE pipe unit
• Ratan Tata steps down from HPL board
• TCCL defends environment record - To phase out mercury cell units
• Indo Rama to focus on specialty fibres
• Tata Tea to rationalise manpower
• India Cements in talks with lenders for debt recast
• Need to bring Aspirin into India - `Impact of job cuts yet to emerge'
• HDFC, IDFC, IL&FS may pick Sical stake
• DCA seeks details of Coke divestment plan
• Apollo Tyres ties up with Cummins Auto
• Digital's TSCC expects break-even by next June
• Kennametal sees Widia as sourcing hub for Asia-Pacific
• Insider trading in Brooke Bond merger case - Court summons to HLL, directors

INTERNATIONAL BUSINESS

• Now you can tee your way to better health
• Tyco forgave millions in loans to indicted ex-CEO
• WorldCom to axe 25% in Europe, Africa
• Buffett the bargain-hunter returns
• Iran to claim damages over Turkish suspension of gas imports
• China emerging as a major silver exporter

GENERAL

• UK cos keen on biotech park in Andra Pradesh 
• Bio-diesel on its way 
• Escap, Americas prop up April-May exports 12.3% 
• Expedite corporatisation of ports, says Assocham 
• GoM on fertiliser skips main agenda once again 
• 44% throng J&K booths in first phase of polling 

BANKING AND FINANCE

• PSBs spend Rs 12,300 crore ro relieve over 1 lakh staffers 
• Legal hurdles seen delaying universal banking plan of IDBI 
• US venture shortly- LIC finds slight dip in policies sale
• ICICI Pru Life pact for kids policy
• New products to beat volatile debt market
• No RBI approval needed for prepaying ECBs up to $100 m
• IndusInd plans new venture to take out NPAs
• SIDBI to step up direct financing
• Small units' concern over NPA ordinance
• BoB cuts rates on domestic, NRE deposits
• Approval for bank mergers `only after careful study'
• Nedungadi staff see better days
• SBI, NHB to split of '92 scam money

CAPITAL MARKET

• Bears march ahead
• NSE includes PSU stocks in key indices
• Plagued by disinvestment blues...: M-Cap of PSUs suffers heavy erosion
• Rumours of Shourie's exit spoil party for SCI scrip
• Block deals in BSES
• Alliance takes 5.19 pc in United Phosphorus
• Volumes surge in Apollo Tyres
• Index heavyweights slip under selling pressure
• Re at new high; gilts dip