COMPANIES

• Madura Coats to sell four brands
• Rhone-Poulenc Agro to be 100% Rhone arm
• Essel World in for expansion
• LNG project planned in Orissa
• IBM India shifting to Mumbai
• Coffee planters set up venture fund
• Taj to take over Krishna Hotels in Hyderabad
• Eicher plans new commercial vehicles
• Telia-Telenor merger off
• Hyundai keen to have Daewoo's Polish plant
• Bell Atlantic may get long distance approval
• World Access to buy Long Distance

GENERAL

• Inflation rate down
• CII withdraws advice on banks’ closure
• Private insurance to take off by end-2000
• DBS eyes stake in UTI Bank

CAPITAL MARKET

• Sebi completes probe into price rigging
• Glenmark issue oversubscribed 53 times
• GE announces stock split

PEOPLE

• Deutsche Bank’s client management head
• Rajeev Razdan joins Birlasoft
• Murray is Indo-American Society head
• Amazon.com founder is Time’s man of the year
• WWW creator wins grant