COMPANIES

• Sops for bringing in patented technology
• HMT rejects M&M offer for tractor unit
• Hyundai drops HDFC Bank
• HAL plans restructuring
• L&T Komatsu to market Komatsu products
• Government may sell Gujarat Torrent stake to PowerGen
• Reliance may get Gujarat power project
• Elbee to have a travel subsidiary
• Analog, BPL Telecom develop telephony kit
• Samsung to offer gifts
• Essar Shipping gets loan
• Bilt appoints consultant for corporate governance
• Record profit for ONGC
• Zee may offer equity to foreign partner
• DSQ Software plans profile shift
• Yahoo planning Indian site
• Pentel pen plant to start operations
• Celsius to merge submarine unit with HDW
• Airtours-First Choice merger bid blocked
• Global Crossing-Frontier merger okayed
• Phelps Dodge raises bid price for Asarco, Cyprus

GENERAL

• Gold biscuits firm up
• Pioneer’s thrust is on MFs
• JT Mobile, Fascel licences may not be revoked
• Maharashtra state and Hudco sign MoU

CAPITAL MARKET

• Turnover at record high, markets up
• ICICI ADR issue a huge success
• Sebi thinks of waiving turnover fee
• SHCIL-United Bank in joint venture
• Satyam Infoway plans ADR
• Wipro splits to Rs.2 shares from Rs.10

PEOPLE

• B. Ratnam is Fimmda CEO
• Paes, Bhupati to promote 7UP
• Junglee founder in another start-up