COMPANIES

• Govt orders more tests on colas as CSE ups ante, threatens court action against cola majors
• Fast-food chains solidly behind cola cos
• HPCL enters into ATF deal with Chevron
• Corel Corp to set up operations by 2004
• Chateau Indage to introduce wine coolers
• Birlasoft inaugurates new software centre in Chennai
• Cadbury gives Dairy Milk master brand status
• Gartner study puts TCS as top offshore service unit
• Star News likely to get temporary uplinking permit again
• Kinetic launches four new bikes
• HP to focus on service
• Ford to launch new model; pushes Mondeo with zero interest schemes
• Madura Garments reshuffles top management
• BHEL bags Rs 188-cr order from Tata Power
• Acordis makes open offer to acquire stake in Century Enka

BANKING AND FINANCE

• ICICI Bank inaugurates OBU
• SBI, Tafe sign agreement for financing tractors

MARKETS

• Uco IPO for early Sept
• Tata Motors gains, L&T slumps
• US stocks fall in early trading
• Maruti zooms up on back of ABN Amro statement
• Bank, auto stocks gain
• SEBI not to put levy margin on institutional investors
• SEBI probe reveals CSE members' role in violations

INTERNATIONAL BUSINESS

• Merrill investment banking chief Zakaria asked to leave
• BMW Q2 profit down by 10 percent

PEOPLE

• Amit Bose appointed Tata Tele president-telecom
• Mallikarjundas appointed director Starcom Media