COMPANIES

• GE, Bechtel file $1.2-b claim against Government
• Tata Steel in agreement for titania project in TN
• TVS Motor constructing test track in Hosur
• Harrisons Malayalam to sell rubber estate to pare losses
• Natco launches drug for brain tumour therapy
• BEL declares Rs 7 dividend
• AV Birla hires Leo Burnett for cement re-branding
• Oscar plans new unit in HP
• Taparia Tools to tap Europe, US markets
• Boeing seeks approval for own subsidiary
• Delhi HC defers hearing on Pepsi's petition against CSE report
• Unichem Lab plans Rs 80-cr expansion
• Agro Tech plans to expand Sundrop brand
• UL India plans acquisition route for expansion
• Accel ICIM bags two BPO orders

GENERAL

• Award for ICSI (Madurai) unit
• More World Bank funds likely for infrastructure, social schemes
• Tap potential of sub-Saharan Africa market
• Bengal keen on availing aid from overseas institutions

BANKING AND FINANCE

• Swiss Re moves IRDA to open branch
• Corporation Bank meet on life insurance
• RIB redemptions may not impact liquidity
• Metlife Hikes Capital Base To Rs 160 Crore
• Madras HC Bench stays order on IOB staff dismissal
• UAE Central Bank offers help in curbing money laundering

MARKETS

• Investors wary as stocks plunge
• Birla fund to shed IT image
• Call to cut MFs' distribution cost

INTERNATIONAL BUSINESS

• US to sharply cut H1-B visas from Oct 1
• Enron employees can seek millions, rules US judge
• Foreign lenders likely to back Alstom bailout
• EMI in talks with AOL Time to buy music business
• Investors demand Motorola's next leader

PEOPLE

• Death for Dara Singh