Highlights

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COMPANIES

• BIFR set to take up Binny asset sale soon
• RasGas to cut LNG price
• SOTC unveils sport abroad; focuses on lifestyle events
• Nirlep diversifies into non-stick dry coat for automobiles
• Ford launches Ikon Nxt in Mumbai
• Bajaj Auto to tap distributors in bid to foray SE Asian markets
• Wockhardt, Japanese company in talks to expand ties
• Geometric forms global CAD/CAM pact with EDS
• USV plans to launch insulin delivery system
• Honda Siel to raise Rs 50-crore loans
• Mastek Q2 profits zoom to Rs 16 cr
• Chambal Fertilisers Q3 net up 103 per cent
• Daikin in talks for setting up unit in India
• Sathavahana Ispat resumes operations
• Calibre makes open offer for Saptarishi Agro
• Gestetner closes Nasik factory
• Stake in Chennai Petro - IOC plans stock swap with National Iranian
• Pennar Profiles seeks AP Govt nod to lay off workers
• Kinetic hopes to post 30 pc growth
• IOC launches upgraded auto fuels in Chennai

INTERNATIONAL BUSINESS

• U.S. trade groups blocked in Microsoft appeal effort
• S&P says record $177 bn bond defaults in 02
• U.S. steel firms urge tariffs on developing nations
• HP under fire for ‘blocking’ probes into PC defects
• Small investors to sue analyst over WorldCom advice
• Dell unveils retail check-out computers
• AOL Europe, Asia shrug off news of Case's departure

GENERAL

• India wants WTO body to reverse panel report on bed linen issue
• Ethanol-petrol doping proves bitter for chemical industry
• Jaswant, Khanduri to discuss funding for NHDP today

BANKING AND FINANCE

• Citibank payment services stuck with IT non-compliant partners
• Dena Bank issues notices to recover Rs 316 crore
• Global Trust mulls equity capital issue
• AIG keen on hiking stake in Tata-AIG to 49 per cent
• ICICI-Lombard bags PPN deal
• IndusInd gets nod for offices abroad
• J&K Bank 9-month net up
• Dena Bank unveils debit card
• Central Bank cuts deposit rates
• Oriental Bank trims deposit rates
• Tata AIG launches pension plan
• GTB's `Videsh Mudra'
• Corporation Bank, Dena to share ATM networks
• Union Bank to market insurance products

CAPITAL MARKET

• Cos told to have common agency for share registry
• Deutsche MF to launch 4 schemes
• Sensex to recover on Tuesday
• US stocks end flat
• Bears march ahead
• Hinduja TMT sees block deals
• SPIcE makes debut on BSE - Closes day at slight premium
• Heavy selling in tech, PSU, pharma stocks
• Re up 3 paise; gilts gain

PEOPLE

• Atsushi Toyoshima is new Toyota Kirloskar MD