COMPANIES

• Schneider Electric to set up R&D centre
• VSNL to introduce VRS
• Eli Lilly cuts sepsis drug price
• Wipro gets highest governance rating
• SISA ties up for Octave security assessment
• Xansa to strengthen India team
• Eastern Silk sets up Rs 60-crore plant
• MS to step up India operations
• Sasken Tech centre in Pune
  

GENERAL

• IT companies deny visa abuse charges
• Zero revenue deficit by 2005: Jaswant
• Govt cuts IIM course fees by Rs 1,20,000
• Vajpayee meets Kalam on snap polls

BANKING AND FINANCE

• VS Vyas to head RBI Agri-Credit Committee
• Moody's revises ratings of Indian banks
• F-Ins platform for insurance firms
• ICICI Pru Life's income crosses Rs 1,000 crore
• Revised IRDA norms for life products
• SIDBI approaches World Bank for $200-million loan
  

MARKETS

• Sebi for more disclosures from companies
• UTI to acquire IL&FS schemes
• Gujarat Alkalies announces 3:5 rights
• NTPC public issue gets clearance
• Sujana board clears GDR issue proposal

INTERNATIONAL BUSINESS

• PepsiCo profit up 30 per cent
• Toyota Motor's Q3 profits jump in Q3

PEOPLE

• Damodaran to continue as IDBI chief till May 31