COMPANIES

• Reliance Petroleum plans mega retail network
• Permission to market petro products sought
• Ruias want to convert loan into equity
• S.K. Birla group too joins recast bandwagon
• Videocon for a global reach
• Premji rules out any Wipro restructuring
• VSNL registers 40% increase in net profit
• Zee plans media wing
• Government to sell stake in ICI
• Speciality Ranbaxy allowed to get blood specimens from abroad
• Internet shopping mall in Calcutta
• Softbank joins News Corp, Vivendi in net ventures
• No BSkyB-Canal Plus merger: Murdoch
• Monsanto to sell sweetener business
• Apple sues Future Power, Daewoo
• Dupont to restructure
• Time Warner to sell stake in Japanese cable venture

GENERAL

• DoT drops 5-year lock-in period proposal
• Sops for paging, V-SAT operators
• Intelligent networks from DoT
• Dena Bank readies for gold trading

CAPITAL MARKET

• UTI cuts US-64 dividend
• No more MIPs
• ISE wants to be an infotech exchange
• J.P. Morgan faces hurdles in Japanese bank deal

PEOPLE

• Jayaraman gets senior post in Colgate
• Srinivasan is MD of Centurion Bank
• Rono Dutta is president of United Airlines