COMPANIES

• Pepsi to strengthen presence in India
• Unisys plans ventures in India
• Tisco plans takeover of Idcol unit
• Jindal Vijaynagar in securitisation deal
• Danabhai Jewellers to set up Pallazzio
• SAIL to pay interim relief
• Godrej Soaps handles sales directly
• Hallmark plans Vision 2010 stores
• Grasim plans more RMC units
• Tata Tea to raise funds for acquisitions
• Sesa suggests co-generation of power
• 2 Torrent group companies go to BIFR
• Lipton Taaza to be real 'taaza'
• Essel Packaging buy-back to be finalised
• Suzuki seeks control in JV with TVS group
• BPL plans to sell subsidiary
• SPC told to have strategic partner
• AIG, IL&FS, SDC seek stake in L&T units
• Hyundai starts LC engine production
• KPMG develops largest website for UNDP
• It is nationalisation of Daewoo: analysts
• Cisco to acquire 2 companies
• P&G plans acquisition of Recovery
• Reckitt shareholders approve merger
• GM faces record damages in car suit

GENERAL

• Allahabad Bank lends through the net
• RBI sucks out Rs 4,500 crore
• Amex to launch global credit card
• Civil aviation ministry draws Y2K contingency plan
• CBDT issues circular on tax exemption for research bodies
• All exchanges to be Y2K compliant by October: DoT
• Moody's says ratios do not show true worth of banks
• VSNL approved to invest more on bandwidth
• Syndicate Bank to redeploy staff
• IBA panel on policy issues
• Tokyo-Mitsubishi eyes minority stake

CAPITAL MARKET

• Markets propel Sensex closer to 5000 level
• Sebi to become stricter on fly-by-night operators
• BSE discards 10 from proposed reshuffle
• Floatglass to issue shares
• NSE's move to increase exposure limit thwarted by Sebi

PEOPLE

• ABN Amro reshuffles senior staff