COMPANIES

• Cogentrix pulls out of alliance
• Lycos plans India site
• L&T, Samsung in alliance
• Exim Bank, L&T in agreement
• Geometric Software to open new facility
• Music association sues MP3.com
• BP Amoco-Arco deal may be halted

GENERAL

• Government exceeds WMA limit
• SREI plans equipment bank
• Corporation Bank’s gold deposit scheme
• Indian programmers held in US

CAPITAL MARKET

• Badla rates go up
• Deutsche Telecom plans IPO for unit

PEOPLE

• Jeeja Nambiar with Oriflame
• Arvind Mehta is AIPMA president
• World Bank promotes 2 NRIs to key posts