COMPANIES

• Way cleared for Honda's own motorcycle unit
• Ashok Leyland may sell off engine unit
• Britannia bids for Modern Foods
• Bonus issue by Cipla
• KEC, RPG Transmission merger plan stayed
• Estee Lauder brands now in India
• Kirloskars plans valve factory near Pune
• Gulf Oil, Ashok Leyland to introduce lube oils
• Tata unit plans online car sale
• Asian car from GM-Suzuki
• Daewoo may hand over auto unit management to GM
• Volvo acquires majority stake in Scania first
• Deutsche Telekom buys One2One
• GM, Warner Brothers in marketing pact
• Microsoft plans to offer free internet access
• eMachines introduces low-cost PC
• Lycos purchases internet music company

GENERAL

• RBI collects another Rs 2,000 crore from market
• Open up repo market, suggests sub-group
• Rupee slides again
• UP government to encourage use of IT
• SBI plans to involve associate banks in card venture
• Canfin Homes to enter consumer finance
• Deutsche Bank introduces automated payment system

CAPITAL MARKET

• Cement shares again in rescue act
• Sebi to seek exchanges' views on negotiated deals
• Finance ministry against smaller IPOs
• NSE suspends 7 members
• SBI Magnum Funds for sale

PEOPLE

• Kumar Mangalam Birla to head Sebi panel
• Doreswamy on Hindustan Motors board
• Narasimhan, FCI chairman, passes away