COMPANIES

• Crisil acquires 9 per cent stake in CICRA
• Grand Hyatt opens in Mumbai
• Eicher, Andhra Bank join hands for farm finance
• IDEA Cellular has 1 million subscriber base in Maharashtra
• Wipro to expand service portfolio to Cypress
• VSNL- FLAG pact on additional bandwidth
• LVMH launches luxury watches in India
  

GENERAL

• Pakistan: Fig leaf of sanctions is finally removed
• Telecom off shoring: Competition hotting up for India
• Tagore's Nobel Prize memorabilia stolen
• PC sales cross 800,000 units in Q3
• GAIL, Tata and BP to jointly bid for Dabhol

BANKING AND FINANCE

• Rupee steady
• RBI rationalises overseas borrowings of banks
• IRDA restores special discount
• FIEO says appreciation of rupee is frightening
• RBI to issue bonds and T- bills for Rs 35,500 crore
• RBI to scrap one-day repo
  

MARKETS

• Sensex comes up for breath
• ING Vysya's Radiant India Fund set to roll
• Satnam Overseas hikes FII cap to 51 per cent
• SEBI extends ban on GTB promoters

INTERNATIONAL BUSINESS

• HP wins $784 million order for computer services
• BHEL commissions gas turbine unit in Oman

PEOPLE

• AirTel's Mumbai circle gets new CEO
• Mundkur resigns from Everest
• Everest appoints Mahesh Chauhan as President