Highlights

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COMPANIES

• Travel agents fear 25 per cent fall in business if war breaks
• Shipping rates climb despite war fears, but outlook remains hazy
• GCMMF expects 15 percent rise in sales as procurement climbs
• P&G acquires Wella in $7-billion deal
• BHEL unit develops new storage system
• Granules' US subsidiary starts operations
• Restructuring plan questioned — Sterlite shareholders move SEBI, DCA
• Hyundai Motor gets ISO 14001 for eco practices
• Karnataka Govt rules out Mysore Lamp revival
• FACT seeks bridge loan to restart operations
• TI to buy more from China next year
• FDI cap at 26 per cent for news channels
• Proportionate voting rights for investors in foreign banks
  

INTERNATIONAL BUSINESS

• Blair wins parliament's backing for war
• New US military aid to Pak worrying: Pallone

GENERAL

• Apeda displays Indian delicacies at food show in London
• US steel cos laud trade panel finding against India
• TNEB move to reopen PPAs may open a pandora’s box
• New Delhi again denies subsiding exports under DEPB, EPCG scheme
  

BANKING AND FINANCE

• Award for Shriram Investments
• Karur Vysya turning tech-savvy bank
• Bank of India to introduce mobile banking
• Cauvery bonds only after Sept
• Police to probe officials' role in Vasavi Bank crisis