COMPANIES

• Maruti prices marginally go up
• Radico Khaitan installs ENA plant at Rampur Distillery
• GM starts second shift at Halol
• Controls & Switchgear, French company join hands
• Rs 70.65 crore interest on MFL debt restructuring waived
• Kanbay launches Kanbay Managed Solutions
• SC refuses to stay sale of Jessop to Ruia Cotex
• LG eyes Rs 5,500-crore sales by 2004
• Electrolux to set up sourcing division in Gurgaon
• Ford India to pass on benefits of localisation
• Geometric Software net profit at Rs 28.33 million

GENERAL

• India, China hope for $10-billion trade
• Levy of customs duty: 8-digit classification system implemented

BANKING AND FINANCE

• Federal Bank Q1 net profit increses 115%
• ICICI Bank gets RBI nod to start offshore unit
• Canara Bank capital restructuring this year-end
• FM sets 9% interest on crop loans by banks
• Vijaya Bank equity offering slated for September
• SBM, Maruti in alliance for car loans
• Do not issue guarantees to co-op banks, states told

CAPITAL MARKET

• Hyderabad SE slashes listing charges
• LIC MF sets target of collecting Rs 7,000 crore
• Rupee loses 6 paise

INTERNATIONAL BUSINESS

• Apple Computer Q3 profits down 41%
• EU fines Yamaha $2.85 million for fixing prices
• Boeing to abandon commercial satellite launch
• Midwest Airlines tries hard to avoid bankruptcy
• Massachusetts haunts Microsoft still

PEOPLE

• CBI chargesheet against ex-IPCL chief Ramanathan
• Charles Prince will be new Citigroup CEO