COMPANIES

• EID Parry division to be merged with CFL
• CAG indicts Sipcot for rise in NPAs
• Aventis charts expansion plan for Ankleshwar facility as global hub
• HLL eyes Rs 300 crore in 5 yrs from herbal products sales
• Tata Metaliks net up 30 per cent
• Bharat Bio plans to unveil 10 new vaccines
• RIL, DuPont join hands for polymer research
• Tracmail in IPR talks with software firms
• Fixed to mobile call tariff set to be slashed
• A-I to hive off IT, ground handling, engine units
• Choice hotels to launch toll-free reservation nos
• Sun Pharma to focus on exports, R&D
• SAIL R&D unit develops new steel props for coal mines
• Raj TV defers launch of Telugu channel
• Shantha Biotech bags tech award
• Trial court order on serial stayed
• Balrampur Chini Mills: Uncertainties sour picture

GENERAL

• Industrial growth at 5.8 per cent in ’02-03
• Textile secy conveys to EU India’s unhappiness with GSP sheme
• Panel set up to look into discrimination at workplace

BANKING AND FINANCE

• HDFC Standard crosses Rs 5,000 cr in cumulative insurance coverage
• Canara Bank net rises 38 per cent to Rs 1,019 crore in 2002-03
• Sale of 21 state development loans closed
• Canara Bank to deploy 3,000 staff for marketing
• More post offices get global money transfer facility
• IFCI finalises big NPA recovery proposal
• GSFC delays interest payment on SLR bonds
• Andhra Bank allots Rs 69 crore for IT
• IDBI Bank to go for rights issue

CAPITAL MARKET

• Equity finds favour among mutual funds
• Interest perks up in banking stocks
• PNB touches new 52-week high
• Rupee firms up; gilts dull
• Sify ADR back in limelight
• Infosys contracts tumble
• Foreign investors buy bonds as Rupee gains

INTERNATIONAL BUSINESS

• Intel cuts Pentium 4 prices by up to 30 per cent
• AOL tries saying You've got mail in Spanish
• AOL Time Warner, ING sign marketing pact
• Motorola reopens China office after SARS scare
• Dabhol out of latest Enron restructuring
• India urges OPEC to restructure crude pricing

PEOPLE

• Deoras is HLL hair care head
• Suraj Kaeley quits Franklin Templeton