COMPANIES

• Tata Tea to enter Chinese market
• IBM sets up Rational User Group Forum
• ACC to raise $100 m
• Mercedes Benz reduces prices
• ABCL to come out of BIFR
• Skoda to expand dealer network
• Radico Khaitan plans to double sales
• Cummins India to make engines for group cosmpanies
• Nestle, Dabur among Tetra Pak awards winners
  

GENERAL

• Inflation falls below 6 per cent
• World Bank to step up aid next fiscal
• IT taskforce submits report on growth strategy

BANKING AND FINANCE

• IDBI Flexi-20 draws good response
• Godavari project bonds to be floated soon
• ST Micro to open third design centre
  

MARKETS

• Sensex crosses 6000 again
• ING Vysya MF launches tax savings plan
• RBI bans purchases of ICICI Bank shares by FIIs
• Max India offers 10.71 per cent stake to ChrysCapital

INTERNATIONAL BUSINESS

• Calpers eyeing investment in India
• US trade deficit hits $489.4 billion
• Daniel Lynch is CEO of ImClone Systems
• Giordano to outsource from India

PEOPLE

• Police case against Nalco CMD