COMPANIES

• L&T to discuss cement demerger
• HCI pays 50% interim dividend to Air-India
• GM launches Vectra
• Reliance Infocomm appoints Optimum Media Solutions as media adviser
• HCL Comnet sets up disaster recovery centre in Chennai
• BIFR's rehabilitation scheme for Mafatlal
• Parson buys Excelsia assets
• J&J's anaemia drug EU ban
• Arvind Mills to set up two more units in Mauritius
• Whirlpool (I) unveils new refrigerators

INTERNATIONAL BUSINESS

• Judge says Sun assaulted by Microsoft
• IBM, AT&T, Intel in wireless joint venture
• US firm plans to set up flavour production unit
• Last Enron sign goes for deal $8,500 at auction

GENERAL

• Consensus reached on divestment
• Central PCB slaps notice on major TN distillers
• Calcutta HC refuses to stay court fee hike
• Field trials of GM groundnut crop on in india
• Work on Kochi IT park from Dec 15

BANKING AND FINANCE

• Can Fin Homes launches loan campaign
• PNB, defaulters in talks to settle dues
• SBI in talks with IOC for smart cards
• Indian Bank seizes Chennai hotel assets
• RBI directs bank chiefs to implement clean note policy
• Orange ties up with HDFC Bank

CAPITAL MARKET

• Sebi lists top 10 sellers in HPCL, BPCL scrips
• AMFI for cheque writing for money market mutuals
• Stock brokers can't move into insurance
• UTI-I and UTI-II may team up for equity sales

PEOPLE

• JD Edwards has new country manager
• Mario Gasparri is new MD of New Holland