COMPANIES

• Shell-Essar combine may get Hazira project
• Continental, Ceat eye Modi Rubber stake
• TCS develops software to develop software
• Essar plans to let out space in its building
• Silverline Industries acquiring US unit
• SRF eyes acquisitions abroad
• IT notice to Infosys
• Rama Newsprint to divest
• Mirc engages Andersen for advice
• Global Crossing buys Racal Telecom
• Lucent plans converging market foray
• AngloGold bids for Acacia
• Companies of US Indians generate $2.2 billion
  

GENERAL

• Vajpayee invited to form government
• Rupee up 5 paise India rating gets upgraded
• FIs may revoke sanctions
• RBI announces new scheme
• IDBI may enter into a takeout financing agreement
• ANZ seeks McKinsey’s help

CAPITAL MARKET

• Stock markets close at record highs
• Rolling settlement may be delayed
• ITC, Reliance, HLL top three UTI investments
• BSE announces 5 sectoral indices
• US investors prefer exporters
• Dundee MF launches two schemes
• SBI Mutual registers good average NAV growth

PEOPLE

• Morgan Stanley's Vikram Gandhi promoted
• Shaw Wallace MD quits