COMPANIES

• PowerGen in possession of Torrent stake
• Cargill in deal with Punjab government
• Timex, Titan parting final
• Essar finally reconciled to roll over FRNs
• Maruti forcing dealers to give up Indica dealerships
• Reliance seeks Rs 4,405 crore loan
• Bates to take over Clarion
• Exide signs up with APC
• Siemens in alliance with ITI
• Telco reports net loss
• Exide net up 21%
• AgrEvo net Rs 4.8 crore
• Cyprus Amax, Asarco to merge
• France Telecom to aid NTL
• Iridium gets 30-day grace period

GENERAL

• 30% stake for FIIs in FM ventures
• Kargil tax only if revenue collections fail
• DoT terminates Evergrowth's licence
• Deutsche Bank paints rosy GDP picture
• 14.5 lakh PANs in Mumbai
• Magellan has record assets

CAPITAL MARKET

• Stock market in a retreating mood
• Infy crosses $100-mark on Nasdaq
• A retirement age for brokers?
• Sebi, MF association figures vary
• Government bonds placed with RBI

PEOPLE

• Asit Mehra for Lintas Worldwide
• Ratan Tata is executive chairman of Tata Sons
• Bhaskarudu on PESB