COMPANIES

• Faber wines will not be produced in India, after all
• Godrej Foods' new edible oil for south
• Bangalore's multiplex
• Nestle's new plans
• L&T to set up clinker unit on JVSL property
• Usha Communications Technologies ties knot with US company
• Voltas offers capacity-sharing for room Acs
• Maruti's new Omnis

GENERAL

• FI divestment subject of debate
• VRS policy, other reforms for PSU banks
• Compensation for power companies
• Revenue collections up
• FIPB slaps trading restrictions
• Norms for nidhis
• National internet backbone
• New accounting policy for insurance sector

CAPITAL MARKET

• New brokers’ body
• Technology based secondary market reforms
• UTI to re-launch schemes
• MSE to introduce modified carry forward system

PEOPLE

• Jack Welch to retire in 2001