COMPANIES

• Philips: `One company, one brand'
• HCI may turn Srinagar property into hostel
• Kesoram to exit unviable sectors
• Telephoto Entertainments to focus on production
• Fiat India mum on impact of job cuts
• ONGC proposes Rs 16,000-cr investments
• Coromandel Fert getting a ship unloader
• BPCL seeks new sourcing markets
• BIFR clears scheme for Restile Ceramics
• Nod for recovery suits against Thapar Ispat
• VHS ties up with Vimta Labs — To open research centre in Chennai
• ONGC to begin drilling work at 37 wells by ear-end
• Adani plans salt business foray
• EIH net profit down 56 per cent to Rs 15.47 cr in 02-03
• Ipca to set up two 100 per cent arms in US, UK within six months

GENERAL

• Slew of sops being readied for EOUs, SEZ units in Gujarat
• India may refuse to remove tariffs on all sectors identified
• Panel set up to resolve inter-agency issues

BANKING AND FINANCE

• IIRM was recommended by insurance cos: Rangachary
• Ministry seeks report on LIC's health
• Bank of Baroda open to acquisitions, alliances to beef up presence
• Uco Bank slashes interest rates for agri, SSI sectors
• RBI taps UCBs for details of loans to directors
• RBI increases notified amount for auctions
• RBI gives GTB more time to announce FY03 results
• Syndicate Bank plans 150-200 branches

CAPITAL MARKET

• SEBI pulls up MFs on special schemes
• Canbank MF declares dividend
• Sundaram Select declares dividend
• Bajaj Auto rides on number hopes
• Voltas rises on export order rumours
• Petron Engg high on order books
• Hughes scrip makes gains on telecom revival hopes
• NSE posts highest volume in derivatives
• Madras HC takes cue from SC verdict on stock brokers' plea
• Rupee gains 6 paise; securities weak

INTERNATIONAL BUSINESS

• GM, GMAC start $6 Billion bond sale
• P&G to secure 84.9 pc of Wella shares
• US to sue Enron on retirement plan losses
• TeliaSonera sells stake in Bharti Mobile
• Nestle says no more ice cream buys after Dreyer'