COMPANIES

• Donnelley may exit Tata Donnelley
• Zenith plans unified software unit
• Shantha Biotech takes on animal activists
• New York Times plans IPO
• Nestle, Pillsbury in ice cream JV
• Phelps Dodge aims to be No 1 copper producer
• Case filed against BAT, Imasco merger proposal
• Comsat shareholders approve merger with Lockheed Martin
• Daewoo restructuring to be successful

GENERAL

• Forex reserves decline
• State Bank of Mysore sets target

CAPITAL MARKET

• UTI's partner commits $500 million
• BSE may reshuffle the reshuffle
• SHCIL wants to offer all services to MFs
• Trai lashes out at Usha Martin Telekom
• IISc receives enthusiastic response

PEOPLE

• Ajai Mian in NetAcross
• Kunal Banerji rejoins JKI group