COMPANIES

• Voltas to shift operations to Vapi
• Allwyn Watches shuts down
• M&M to pay Rs 20 per share of Guj. Tractors
• Cybertech plans European acquisition
• Sony to phase out curved TVs
• Nestle to give up Campco facility
• BIFR directive to govt on Bharat Pumps
• Wockhardt files patent applications for  drug delivery system
• Ranbaxy planning to buy stake in Ind-Swift
• Bajaj's Saffire ready for launch
• Compaq computers for army
• AT&T loses damages case
• CMC Group plans Nasdaq float

GENERAL

• Nodal IT ministry proposed
• Gen Musharraf pulls back forces
• Inflation moves up
• New government has a tight agenda
• ‘FI nominee’ controversy to be put to rest
• IFC seeks more time before conversion of GTB debt to equity
• Mumbai, Karachi show the fastest population growth

CAPITAL MARKET

• Sebi ruling on issue price
• NSDL plans revamp
• Badla rates ease

PEOPLE

• Three front-runners for UTI top post
• Soros' expert quits