COMPANIES

• Virgin to operate Delhi-London flights
• Tata Tea finalises Tetley deal
• Pigment Specialities becomes Ciba subsidiary
• Siddharth Shriram plans JV with Daikin
• Softnet plans India venture
• Nutricia gets approval for HLL dairy buy
• Piaggio JV to make four-wheelers
• Pentafour into Net broadcasting
• SSI in talks with Nasdaq for software supply
• Philips employees’ plea dismissed
• Satyam, Citibank tie up for payment gateway
• GM picks up 20% in Fuji Heavy
• KPN Telecom acquires E-Plus
• Daewoo request on write-off rejected
• Honda’s Insight in US
• Sony into online banking

GENERAL

• Jaitley heads new disinvestment department
• ISPs will be allowed link with foreign satellites
• RBI sets up Y2K centres
• IFCI to focus on short-term loans
• Citibank, NIIT in student loan tie-up

CAPITAL MARKET

• Markets down due to settlement
• RBI, Sebi areas demarcated
• Sebi clears entrepreneurs’ venture fund
• Hand delivery settlement allowed
• Cholamandalam for insurance foray
• Dishnet IPO next year
• VA Linux shares soar 700% on Day 1

PEOPLE

• Premji is IT man of the year
• Holzmann chief Binder quits