COMPANIES

• High cane price puts UP mills in crisis
• Spic likely to review plan to exit Indo-Jordan Chemical Co
• M&M set to roll out Bolero Sportz with cheaper price tag
• BSES moves IDBI Fof representation in team visit to Dabhol Plant site
• Early-bird IT companies, private banks lead uptick in second quarter profits
• RIL web stores, pumps under 1 brand
• Chandra OCB sells 4% in Zee Tele
• Provogue scouts for strategic alliance
• New Octavia to hit roads in 2004
• Batra Hospitality still owner of Centaur
• ONGC arm set to buy 25% in Sudan project
• MTNL emerges third-largest ISP, adds 3.4 lakh Net users
• Rama Newsprint looking for buyers or partners
• Sanmar exits Atofina, sells 49% holding to foreign ally
• HLL to launch direct-to-home retailing in Mumbai
• Matrix Lab promoters plan to acquire controlling stake
• P&O seeks FIPB nod to invest in Adani Container
• Dev group sets up Shelter beach resort
• Nagarjuna's refinery in TN close to financial closure
• Birla Electricals mulls plant in H.P.
• Irish co in pact with ICM
• Ginni Filaments mulls foray into non-wovens
• Microsec India diversifies into IT

INTERNATIONAL BUSINESS

• World Bank commits $1 bn to combat AIDS in Africa
• New rules to be issued on Monday
• Malaysia close to becoming Islamic banking hub
• Gulf seen weathering Iraq war if oil flow not hit
• Lawyer who sued Enron slams corporate scandals

GENERAL

• Govt to set up international centre on climate change
• Allow states to tax services, says CII
• Irda chief to meet car makers Over motor cover issues
• Rlys cites development to go ahead with unviable bridges
• Antony locks horns with banks
• 4 Nobel laureates to address World Science Festival

BANKING AND FINANCE

• Insurance agents to seek redressal on commission
• Birla Sun lowers rates on high-value term policies
• Allahabad Bank mulls expansion in Kerala
• Corpn Bank opens 2 more ATMs
• Banks moving into PSU papers
• Andhra Bank cuts FCNR, domestic deposit rates
• GTB slaps notices on defaulters for recovering Rs 100 crore

CAPITAL MARKET

• UTI offloads Sensex scrips in Q2
• Infy premium zooms over 80 per cent

PEOPLE

• Amar Sinha quits Shaw Wallace
• Pathan, Resident Director of Tatas in Delhi