COMPANIES

• Satyam shelves foreign equity deal
• Sterlite gives up Pennar acquisition plan
• Ashok Leyland diesel engine plant sold to Iveco
• Ispat acquires Kalyani Mukund
• SSI acquires Indigo companies
• Synpac increases stake in Kopran
• Tata Electric plans telecom foray
• Olivetti exits Modi Olivetti
• ITC may focus on infotech
• SAIL loan at Rs 20,000 crore
• Cincom plans JVs in India
• Leo Burnett takes control of Chaitra Leo Burnett
• P&O Nedlloyd sets up software centre
• Bajaj Tempo to supply gear boxes to DaimlerChrysler
• Hero Motors plans scooter JV
• World aluminium majors in merger talks
• EC clears Hoechst-Rhone merger
• Virgin, One2One in mobile phone deal
• Lucent acquires telecom software company
• Daewoo will be forced to sell profitable units
• Tokyo Electric plans cheaper internet access

GENERAL

• High court gives conditional approval
• Indian rupee will be under pressure
• Maharashtra state bond issue oversubscribed
• Uco Bank may decided that there is no free lunch
• Cement prices to firm up
• NBFCs to be monitored
• Dhanalakshmi Bank plans tie-up

CAPITAL MARKET

• Stock market may move sharply down today
• UTI's US-64 inflows slump
• Sebi wants to further streamline the IPO market
• BSE plans for alternative to badla
• UTI-UGS-10000 performs extremely well

PEOPLE

• C.R. Prasad to look after MRL too
• Sidharth Birla on Shree Cement board