COMPANIES

• 3 European nations check movement of software pros
• Reliance veers towards WLL basic services
• AP Power Corpn floats Rs 200cr bond issue
• Tata Sons, GE group to part ways in India
• Nocil employees move Industrial Tribunal against closure of unit
• Amway expects 5-8 pc rise in turnover
• GM to tap design house for new models
• Pentair's Goa plant to become 100 per cent EOU
• Videocon Petro told to pay up Rs 285-cr dues
• SAIL to complete Delhi water project soon
• Suzuki to waive royalty for five Maruti models
• Wockhardt readies American push, lines up four new drugs, ANDAs
• Concor plans freight terminal at MEPZ
• Shakti Sugars to buy Baramba Mill
• Tatas seek govt support for VSNL
• HZL raises $125-M ECBs

GENERAL

• Inflation falls below 6 per cent
• Pakistan to discuss MFN issue today

BANKING AND FINANCE

• SBI, Maruti team up to tap car market
• Nepal bans notes of Rs 1,000 denomination
• All regulatory exemptions to go — Co-op banks to come under RBI control
• States want to buy back high-coupon loans — RBI, Centre moved for approval, IT reliefs
• Foreign banks reluctant to set up overseas units

CAPITAL MARKET

• Buyback, bonus to guide
• Harshad's ACC shares may cause ripples
• Nasdaq keen to list more Indian cos

INTERNATIONAL BUSINESS

• Richard Branson came close to buying BA
• Coca-Cola to launch flavoured milk drinks in US
• 4 American states may ban outsourcing
• BMW sees brighter 2nd half despite German gloom
• Door to euro open, says UK