COMPANIES

• SAIL may hit target by raising prices
• Philips products will cost more
• Electrolux will phase out Voltas brand
• Rohm & Haas expanding investment

GENERAL

• Forex reserves up $402 million in week
• Cellular numbers crossed 1.5 million in 1999
• Global Trust to offer 20% to foreign partner
• Anti-dumping duty on metronidazole
• SSI credit scheme in two months
• Advance I-T can be paid at more bank branches
• IT ministry accuses telecom dept for Net delays
• Definitive dumping duty on Taiwanese NBR
• US trade body throws out import duty on steel
• Crude oil at 9-year high

CAPITAL MARKET

• ADB to invest via private equity funds
• US 64’s IT exposure may be capped at 20%
• Nasdaq nears 5,000
• BSE turnover doubles in 11 months