COMPANIES

• Wipro in JV for Silicon Valley start-up
• Tata Tea plans due diligence for Tetley deal
• Sun to push Star Office
• Sudarshan plans export thrust
• ITI quote for switches lowest
• High court admits Philips' appeal
• GM, Pepsi in joint ad campaign
• McDowell to cancel warrants issued to UBL
• For acquisitions in Saarc region
• Gordon Woodroffe holds 7 AGMs in one day
• SRF plans employee stock option
• Indo Gulf to sell jetty
• Kinetic motorcycle to take on Honda CBZ
• VSNL to offer stake to staff
• 57 vanishing firms being prosecuted
• South Korea tops list of investors
• Hyundai launches new Accent
• DamlerChrysler to introduce 64 new models
• Greenalls sells pubs to Scottish & Newcastle
• Swatch to take over Breguet

GENERAL

• Banks free to fix service charges
• IDBI to set up panel for consortium lending
• DoT's termination of licences referred to PMO
• Cellular tariff celings must go: Seshasayee
• MTNL, DoT to offer cell services
• IFC to lend $150 million by June 2000
• HDFC loan applications shoot up
• Hudco intends to cut rates
• Passport application available online

CAPITAL MARKET

• Markets decline
• 14 shares moved to A group by BSE
• ICICI issue oversubscribed
• Merchant bankers earning lesser
• RPL issues Rs 100 crore NCDs
• CSE to accept small bourses as members

PEOPLE

• Arvind president Vikram Rao joins Birlas
• Joy Ghosh to head Symantec in India
• Rathi steps down as Sudharshan Chemical MD
• ING names Kist as chairman