COMPANIES

• Ind Auto not allowed to pay royalty
• BT, Enron join hands with Ircon for JV
• S Kumars plans theme park
• Zenith introduces notebook
• Daewoo losses at Rs 40 crore
• Computer Associates plans JV with Pentafour
• Crocodile plans kids’, ladies’  wear
• Shonkh’s new data storage system
• National Power to split activities
• KRON-TV changes hands
• Glaxo gets key clearance for new drug
• Motorola, Identix develop fingerprint reader
• New ‘smart’ chip being developed

GENERAL

• Economy is recovering: Sinha
• Desu to be restructured
• Bank of Madura to invest in venture fund
• Centurion Bank plans for insurance business

CAPITAL MARKET

• Markets affected by lack of support
• ISE to offer badla, Internet trading
• Sebi says brokers can head bourses
• LICMF plans to make tax scheme open-ended
• Magnum fund turns open-ended
• Canbank MF plans 2 schemes
• Tata Finance plans private placement
• UTI to allow redemption in any centre

PEOPLE

• Srinivasan to join Sun F&C AM