Highlights

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COMPANIES

• Chhabria's eldest daughter claims share
• Centre kicks off CIWTCL sale with search for consultants
• Coke, Pepsi lose fizz in Kerala with Left on anti-war overdrive
• Cathay cuts flights on SARS, war fears
• SABMiller moving base to Bangalore
• GE Shipping increases tanker fleet
• Foreign client pays Neuland Lab $1.5 m pending amount
• BPCL plans to use more imported crude - To reduce dependence on ONGC
• HLL extends lockout in Garden Reach factory
• HML strike goes for adjudication
• BBUNL set to take Jessop sell-off issue to SC
• HCs clear Graphic Papers merger with Ballarpur Ind
• Parrys Confectionery to merge outfit
• Raj TV to launch Telugu channel on May 23 - Music, news channels on cards
• DCA framework for selection of competition commission members
• Kirloskar gensets conform to new pollution norms
• Official apathy puts revival of TRL in limbo
• Zip Telecom aiming at Rs 1,000-cr revenue
• Maruti launches new version Alto

INTERNATIONAL BUSINESS

• GE Q1 net dips 9 per cent to $3.2bn on low turbine sale
• WB, IMF shareholders split on Iraq
• US House clears 2004 budget, tax cut plan
• Cairo to host pre-cancun WTO meeting in June

GENERAL

• Egypt agrees for wheat imports
• MMTC forays into Chinese market for mineral ores
• Textile sector to grow to $55 billion by '10: study

BANKING AND FINANCE

• HDFC Bank Q4 net seen up 25 per cent on retail boom
• ICICI Bank to open 8 new branches, 35 ATMs in Gujarat
• SBI clocks 50 pc growth in housing loan portfolio - Outstanding at Rs 11,729 cr as on Feb
• ING Vysya unveils 3 new products
• SBI plans to fund rural Net kiosks
• IndusInd Bank shelves `NPA take-out' plan
• Finmin in talks with PNB for takeover of IFCI

CAPITAL MARKET

• Matrix Lab promoters to raise open offer size
• P&G moves up on renewed buying
• Sales growth draws FIIs to Bajaj Auto
• IDFC asset management co to finalise deal soon
• Infosys overweighs sentiment; Mastek regains
• Sensex plunges, FIIs dump IT, funds lose ground
  

PEOPLE

• Preet Bedi takes over as Rediffusion president