Highlights

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COMPANIES

• UB puts South African brewing biz on the block
• State's 18,000 units shut shop in 3 yrs
• Hyundai, LG, Samsung, Mitsubishi under Fera probe
• Phoenix, Telco tie up for Safari, Loadbeta
• Daikin Shriram to set up new manufacturing base
• Sundaram-Clayton offers ABS with anti-spin tech
• Amtrex Hitachi proposes Rs 27-crore rights issue
• IOC seeks to buy less from Reliance Petro - To absorb more from MRPL
• SCI to pay Rs 3 interim dividend
• Honda to renew tech tie-up with Hero group
• Timex to invest Rs 25-cr more in Indian arm
• Eli Lilly sues Dr Reddy's on Olanzapine
• HC directs Spectrum to hold AGM on March 20
• Viceroy plans debt swap
• Rs 290-cr deal with Adani - P&O clears FIPB hurdle for Mundra terminal stake
• Orissa aluminium project - Birlas want Govt to tackle resistance to land transfer
• Modern veg seed plant to come up at Aurangabad
• Essel Propack global operations net rises 5 pc
  

INTERNATIONAL BUSINESS

• American Tissue charged with fraud
• KPMG ends legal tangles
• Prolonged Iraq war will hurt global growth: IMF
• American Air in talks for bankruptcy loan
• Oil prices dip, Opec leaders meet on Tuesday
• Asia-Pacific LNG projects face tough sales battle
• IBM hikes Palmisano's salary, bonus 44 per cent in 2002
• Mission Iraq: US cos asked to bid for post-war clean-up deal

GENERAL

• Govt spurns EU demand for lifting QRs on 100 items
• Delhi, Mumbai in Munich Re’s riskiest fifty cities
• EOUs seek service tax exemption
• Jaswant rolls back fertiliser price hike
  

BANKING AND FINANCE

• Federal Bank plans acquisitions from 2004-2005, to hike CAR
• IFC to sanction Rs 60 crore loan for Dewan Housing Fin
• United India consortium receives ONGC account
• Last tranche of Kerala loan issue today
• A.V. Birla group open to banking foray
• Banks told to follow norms on forex revaluation
• Corpn Bank upbeat on home loans
• Kotak Mahindra gets RBI okay for bank posts
• New directors for Andhra Bank
  

CAPITAL MARKET

• Padmalaya gains as selling stops
• Reliance recovers on talk of petro products export
• Negatives overweigh DRL
• Market reverses six-day losing streak
• Rupee firm; gilts up
  

PEOPLE

• Vibha Rishi to head Pepsi non-cola ops
• Motwani is V-P Godrej Appliances