COMPANIES

• SIS plans Indian unit
• Hi-Power to make car shampoos
• High priority for General Motors' Asia car project
• Audi to reconsider India plans
• MCI WorldCom, Sprint in merger talks
• Exxon-Mobil merger possible
• Lottery scheme to retain workers
• Mattel, Salt Lake Olympics in deal

GENERAL

• Bank of Baroda to issue GDR/ADR
• MTNL plans to take Trai to court
• IDBI to give Rs 200 crore loan to GSPC
• Bank deposits fall

CAPITAL MARKET

• Badla rates go up
• Zee scrip past Rs 5,000 in kerb deals

PEOPLE

• J.K. Khaitan is IVPA president