COMPANIES

• Ashok Leyland sales double
• Essel Propack commissions unit in US
• VSNL moves into international telecom space
• Intel ships new processors for notebook PCs
• TCS signs pact to acquire Phoenix Global
• Asianet's high bandwidth connectivity in Kerala
• Samsung unveils 15-inch flat TV

GENERAL

• Poll India: 2004
• ISRO's 'Chandrayan' mission gets global bids

BANKING AND FINANCE

• Lower depths for the Rupee
• DAB Bank AG opts for Flexcube
• Arab National Bank goes for Infosys's Finacle
• RBI: State gross fiscal deficits to decline
• Bank of Rajasthan to pay dividend at 20 per cent

MARKETS

• May 11: Sensex slumps along with the TDP
• May 10: Sensex loses sharply
• SEBI places the markets on High Alert
• HDFC Mutual Fund plans core & satellite schemes

INTERNATIONAL BUSINESS

• EU offers an end to agri-subsidies

PEOPLE

• J.S. Javali is HMT Machine Tools CMD