COMPANIES

• Mahanagar Gas revives earlier plan for 20 per cent stake offer
• Gillette becomes official name of ISPL
• Ford to make Chennai base for infotech centre for Asia Pacific
• Infosys opens world's largest IT services facility

GENERAL

• VSNL to bid for six cellular circles
• PFC mulls raising of Rs 2000 crore

CAPITAL MARKET

• Dr Reddy's ADR float likely to be postponed
• Finance minister scraps exit clause for venture funds
• Investment banking firm predicts Indian market to be worth $1 trillion in 5 years
• Sebi directs Gesco to make counter offer by Nov 10

PEOPLE

• Government effects major bureaucratic reshuffle