COMPANIES

• Tatas holds back final decision on VSNL bid
• Hyundai to launch new model of Accent
• L&T to cut managerial staff
• New Mercedes models via CBUs
• Bajaj team for China
• Wipro to enter high end IT enabled services
• UTI offloads Rs 200 crore stocks to LIC
• Fiat to double exports after Palio launch
• H-P may offer utility pricing in India

GENERAL

• Enron seeks credit and purchase guarantee
• Railways to slice 30,000 jobs every year
• Another committee to settle interconnection dispute

CAPITAL MARKET

• Centre may put curbs on placements by FIs
• Passive promoters not barred from open offers
• Brokers seek fairness in derivatives licencing