COMPANIES

• Apollo drops MRL plans
• Philips (I) to unveil Wearable range
• Ranbaxy labs to hit OTC market by September-end
• 3 more A-I flights to Frankfurt from December
• Apollo set to double bed capacity by 04
• Record deals in private equity
• HLL pushes institutional sales to expand mkt
• Titan plans to outsource & market accessories
• English knight for German supermkt
• Kinetic cedes No.1 slot to Honda
• Bayer on expansion spree: Entering paper chem biz
• Parent co on look out for drug unit partner
• Preity to ZipDrive Santro, Automatically
• Get ready for Astra screen show
• ITC Infotech may invest in ITES
• Gail, HPL to ink production & marketing deal
• India good place for clinical trials'
• BPL Engineering shuts down `service division'
• BILT suspends operations at Orissa unit
• Tata Chem to bolster marketing network
• Swaraj Mazda to roll out LPG version LCVs soon
• Emcure launches anti-hypertensive in AP market
• BILT's Sewa mill to add capacity
• Nagarjuna Agrichem pref allotment to group co
• HPCL raises Rs 360 cr thru FCNR route
• ACC allots ESOP
• Raymond buys 75 pc in ColorPlus for Rs 58 cr
• Philips, Samtel plan tie-up for CTV picture tubes
• Global operations to drive Asian Paints' sales
• Deepak Nitrite to step up exports

INTERNATIONAL BUSINESS

• WTO panel to resolve dispute

GENERAL

• To accelerate disbursals, finmin to back direct funding of power projects
• War against Iraq can hurt indian interests: experts
• Society flats entry fees illegal, rules HC
• Naik to discuss duty cut with FM by Sept-end
• Tariff for Dabhol Power at Rs 2.25 Nnt feasible: Shahi
• Karnataka stops Cauvery water for TN as protests mount
• IAF pilots to soon get commercial ilcence

BANKING AND FINANCE

• HDFC tops in car fin satisfaction
• IBA initiative for mechanism to settle inter-bank disputes
• StanChart eyes S-E Asian securitisation market
• ADB revises economic outlook for Asia
• RBI approves proposal to merge Vasant Sahakari Bank
• Re edges down; gilts flat
• Govt norms for promotion of DOs opposed
• Private banks can have 49 pc FDI + 49 pc FII
• ICICI Bank opens call centre at Hitec City
• Bank of Tokyo staff told not to disturb functioning
• Rough road ahead for STRIPS
• `Off-balance sheet dealings are not fraudulent acts'
• Professionals in co-op banks mooted

CAPITAL MARKET

• Bond option for UTI assured return schemes
• US-64 to be split into 2
• UTI is shunned while others make merry
• Bear domination
• KPIT Infosystems' rally petering out
• Zee Tele falls 5 pc on fresh triggers
• Colour Chem under selling pressure
• Downtrend unabated as tech stocks take a pounding
• `IPO preferable over strategic sale of Nalco'

PEOPLE

• Onkar Kanwar takes over at Apollo Tyres
• ACC appoints Narula as MD