COMPANIES

• L&T, Piramal to bid for Mumbai airport

• Cummins India to pay 200 pc dividend
• Swaraj Mazda to foray into 10-16 t segment
• ONGC hit by LPG subsidy
• HP: to increase outsourcing to India
• Satyam says it won't be taken over
• Pepsi gets into tea

GENERAL

• IT exports to cross 16 billion in 2003-04
• International Herald Tribune launched in India
• AI staff, Left parties oppose move to privatise airports
• India's IT engine slowing down

BANKING AND FINANCE

• FM reassures PSU banks
• Rupee gains 14 paise

MARKETS

• Sensex in bearish mode
• Blue Dart up
• FM says capital gains tax for FIIs may be reviewed

INTERNATIONAL BUSINESS

• Opec decides to hike output
• Pak businessmen want closer trade links with India
• Intel's quarter on track

PEOPLE

• ING Asia-Pacific head may lead India operations