COMPANIES

• Bajaj Auto Q2 profit dips 8% to Rs 132 crore
• Hindalco Q2 net down 25% to Rs 125 crore
• Aptech net rises to Rs 2.34 crore
• CMC net dips 50% to Rs 5 crore
• Hindustan Lever eyes rural India for Pepsodent push
• AVB to rope in global ally for chem biz
• Bharti to foray into CDMA services
• Samsung to buy out 26% Videocon stake in SIEL
• Reliance Info plans phased ISD rollout in '03
• Glaxo zeroes in on two cos for Gujarat plant sale
• ITC ups EIH stake to 14.9%, nears open offer limit
• Hyundai to roll out new Sonata with Rs 16-lakh tag
• Satyam to set up 100% unit in China
• Colgate Q2 net up 15% despite 10% fall in sales
• Satyam Q2 net dips 12% as staff costs surge 36%
• Schwing Stetter to convert loans in Indian arm into equity
• Rallis transfers urea marketing to Tata Chem
• KAPL launches cardiovascular drug
• Kudremukh case adjourned
  
• Sarovar Park to launch property in Gangtok
  
• Infosys in alliance with Nigerian co
• vMoksha, S1 Corp join hands
  
• Linc Pen launches new product
  
• Chamundi Silks aims at Rs 75-cr turnover by '04
  

INTERNATIONAL BUSINESS

• Vivendi sells non-US publishing assets to Lagardere

GENERAL

• Chechen terrorists take 600 hostage in Moscow
  
• Kelkar reports on tax reforms tomorrow
• DCA to move CLB for govt nominees in 7 cos
• UP govt bends before power sector workers
• Mulayam asks governor to dismiss Maya govt
• Domestic tourist traffic grows 30% in Apr-June
• No stamp duty on cybercity units in Haryana
• UP receives investment offers worth Rs 451 crore in 5 months
  

BANKING AND FINANCE

• Citibank, Shoppers’ stop launch co-branded cards
• PNB Gilts net jumps 80 per cent to Rs 30 crore
• Union Bank unveils ‘Lifeguard’
• South Indian Bank first half net up 20% to Rs 29 crore
  
• Cheque processing centre in Mangalore
  
• Kothari Orient to repay deposits
  
• Good response to SBI home fair
  
• IRDA likely to phase out 5 pc special discounts
  
• Panel to study motor premium
  
• Vijaya Bank entering bond market to raise Rs 150 cr
  
• Oriental Bank raises Rs 200 cr
  
• Aga Khan Fund to hike stake in DCB
  

CAPITAL MARKET

• Rupee declines by 3 paise
  
• Clariant told to make open offer for Colour-Chem stake
  
• Bear domination
  
• Block deals in Indal
  
• Portfolio managers allowed to invest in derivatives
  
• Hind Lever, Reliance drag index further down
  
• 13 companies in dock over stock scam
  
• Bankruptcy fears drag ABB bonds near junk status
  

PEOPLE

• Shishir to lose Sevashram chair
• Shaw Wallace luring old-timer from UB