COMPANIES

• Gartner predicts 10% job cuts in US due to BPO
• Jet Air eyes $60-million profit in two years
• Welspun Gujarat registers Rs 11.08-crore profit in Q1
• TCI to launch gift cheque scheme for travellers
• New amendment to slash backlog of patenting for Indian applicants
• Car sales spurt 23% in June
• Dr Reddy's to announce Q1 results on 31 July
• Show-cause notices on Sirpur Paper Mills
• Coromandel makes open offer for 20% GFCL stakes at Rs 124
• BPL Soft Energy breaks even
• Samsung eyes Rs 110-crore turnover in Kerala
• More than one-third VSNL employees seek VRS
• Sify net loss down by 51% to $4.46 million in Q1

GENERAL

• Govt to set up National Tax Tribunal
• Govt opposed to multilateral investment pact

BANKING AND FINANCE

• LVB, ICICI Infotech join hands for core banking tool
• Syndicate Bank offers new home loan rates
• State Bank to introduce two retail products
• ICICI Pru first premium income rises 132% to Rs 70 crore in Q1
• Gross borrowings up to Rs 64,030 crore, says PNB Gilts
• India Inc seeks better monsoon for recovery: D&B survey

CAPITAL MARKET

• SEBI warns investors on stock price rise
• Big companies failed to meet demat requests
• UTI Children's Career Plan declares 1:10 bonus
• Rupee falls

INTERNATIONAL BUSINESS

• Enron allegations: JP Morgan nears settlement
• MGM to up Vivendi bid if it gets more financial information
• SingTel to up stake in regional associates
• Mauritius too goes the cyber route

PEOPLE

• Rajiv Singh is Diebold India MD