COMPANIES

• Coca Cola forced to write off $400m on account of India
• Reliance planning buyback of shares
• Tatas join hands with Group 4 for security solutions
• M&M to upgrade the Armadas to meet Euro II norms
• Voltas to hike production of air-conditioners and coolers
• Daewoo to introduce new high powered Matiz and Nexia Delux
• Family scion approaches CLB for intervention
• IOC and Apollo Hospitals enter into pact for pharma chain
• Xerox raises stake in Indian venture
• MRTPC stops Hyundai from running disparaging campaign
• BPL to splurge on the ad spend
• High court rejects Videocon’s plea against ORG-GFK
• Monsanto gets breakthrough in rice research
• TCS introduces novel social education plan
• BHEL strikes deal to sell turbines to Iraq

GENERAL

• Laloo in jail, Rabri on bail
• PC sales ride Internet boom
• Cement output up 15% with rising demand
• BoB, Corporation Bank, BoI and IOB cut rates
• Birla AT&T among 57 FDI proposals cleared
• RBI fixes automatic FDI approval limit
• Uniform 12% sales tax floor for autos
• Banks’ privately placed debt seen as loans
• Third-party loan norms eased
• ANZ opens 24-hour bank in Mumbai
• Dresdner scraps merger with Deutsche Bank AG
• Dishnet permitted to create 7 gateways

CAPITAL MARKET

• Exide Industries beats the taxman, announces interim for
  2000-01
• Morepen Labs seeks better valuations
• Hospitality shares do well
• After the carnage, sanity prevails