COMPANIES

• VSNL,British Telecom relations soured
• Japan Tobacco seeks full control of Modi RJR
• AirTel to set up Ku-band gateway in Bhopal
• BT to revamp local operations
• Reliance Petro force oil majors to change their plans
• Tata group to inject Rs 100 crore into ISP India
• Delphi Auto targets replacement market
• Mannesmann exits Sachs India Limited, sells stake in SIL to Indian promoters
• Thapars block recast plan for Crompton Greaves
• American Airlines, Northwest in merger talks
• Acquisitive Colgate-Palmolive may eye on Gillette

GENERAL

• ABN Amro restructures its financial services along global lines
• Re loses further ground, closes at 44.62/63

CAPITAL MARKET

• Sensex moves up in tandem with Nasdaq, as Tisco steals the show
• Sebi moves to control default on debenture redemption
• Sebi moves to close in on insider trading

PEOPLE

• Appointment of new chairman at State Bank may supercede 6 officials