Highlights

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COMPANIES

• Dunlop to take up conversion jobs for other tyre majors
• Novo Nordisk too cuts prices
• Eli Lilly slashes price of human insulin
• Reliance Infocomm alerts customers
• Dr Reddy's ships generic Ibuprofen to America
• Accounting norms for ESOPs by mid-Feb
• Auditors `qualify' Siris accounts
• Readers Digest sale stuck over royalty
• Accountability must be built into corporate governance: Viren Shah
• Alind units put up for sale
• SAIL output up 7 per cent in April-Dec
• Nicholas Piramal launches new anti-allergic drug
• DD Sen quits Reliance to join Dutch company Petroplus
• Shreya Life seen in talks to buy Plethico Pharma
• State online lottery offers Rs 50-cr jackpot
• Lacoste plans to become 'friendlier'
• LG to launch low-priced audio systems
• DRL passes purity test on Grastim
• Non-tech companies stir up Chennai realty market

INTERNATIONAL BUSINESS

• Apple to unveil video iPod at Macworld expo
• US firm accused of exploiting Indians
• BMW joins luxury car chase with new Rolls-Royce
• US sales of large-screen TVs jump in '02
• No call on when recession ended
• UA to lay off 1,500
• Deals push US Dec. auto sales up 15%
• Silicon Valley still in a slump, rentals dip 30%
• Insurance firms to pay JP $579m for Enron losses
• Tech firms may have a tight '03

BANKING AND FINANCE

• Canara Bank to raise Rs 300 cr via Tier-II debt
• SBI attaches Nav Maharashtra's 6 properties
• Small is beautiful: Banks get down to micro-finance
• LGF to sell LIC products
• Crisil Q3 net rises to Rs 5.48 crore
• ICRA accords MAAA (SO) to Telco PTCs
• UTI Bank to set up 16 more ATMs in Mumbai

CAPITAL MARKET

• Flexi-asset allocation plan from HDFC Mutual
• Marginal loss on the bourses
• BSE plans free-float model for Sensex
• Dull equity markets add sheen to gold
• Infosys gains on fund support
• Interest wanes in Centurion Bank
• T+2 settlement from April; Will reduce risk, protect investors: SEBI
• Brokers told to pay 50% of turnover fee by 31 March
• Jaswant for strengthening regulatory mechanism
• SEBI hearing of GTB promoters on 3, 4 February
• ITC, Infosys shine in lacklustre market