COMPANIES

• Sterlite board accepts Arthur Andersen report, demerges telecom division
• Kirloskar group splits and re-organises
• US-based Janus Capital acquires 5.6 per cent stake in Reliance
• Ford India eyes the exports markets
• Intel picks up stake in InCableNet through special purpose vehicle
• Elgi group company to launch vinyl doors and windows
• Balrampur Chini decides against Chilwaria Sugars take-over
• HLL initiates fund to retain star performers
• Shaw Wallace to set up new units for beer
• Stronger steps help ICICI recover Rs. 500 crore in NPAs
• Samcor prepones investment plans

GENERAL

• NHB enters into pact with Canadian company

CAPITAL MARKET

• Markets show signs of bottoming out

PEOPLE

• HDFC finds AMC head from within the company
• Musical chairs at mutual funds
• TTK group chief passes away
• Lucent snatches Boeing CFO to clear its financial mess
• InfoSpace names Microsoft’s Arun as technology chief