COMPANIES

• Panel against FI nominees on company boards
• SAIL not to accept McKinsey report
• Government may not bail out SAIL, says Pande
• RCF signs LNG pact
• ITC unit, Richard Ellis tie up
• South African company interested in Shalimar Paints
• HPCL plans upgradation of outlets
• Compaq tops in sales
• Miel, Baltimore Tech in pact
• Sahara Airlines planning to buy aircraft
• Nelito, C&W in tie-up
• Mahindras sets up website for used cars
• Enron pulls out of Kerala JV
• Virus to affect Word 97
• Office software free on web
• Ford to pay $1.5 million in penalty
• South Africa nod for Coca-Cola
• Global Crossing hikes offer for Frontier

GENERAL

• RBI committed to 3% CRR
• Third internet node in West Bengal
• ADB approves $250 million loan
• Vibank to increase equity base
• Common investment bank proposed in Europe
• Stanchart to buy Nakornthon Bank
• NatWest plans acquiring Legal & General

CAPITAL MARKET

• Stock markets weaken
• UTI to open UGS 10000 again
• Increase in NAV of US-64 scheme
• Compucomp to launch IPO
• Assocham wants more representation for capital market
• MFs' investment cap in GDR/ADR fixed
• NYSE on course for IPO

PEOPLE

• Vaghul quits UTI board
• Shyamal Gupta is Tata Elxsi chairman