COMPANIES

• LNM group, 3 others eye SAIL units
• Gudang Garam seeks permission
• Wockhardt plans life science unit
• Accumed acquisition
• Dabhol power rates may come down
• Compaq adopts dual-focus strategy for India
• Denso, Subros agree on AC manufacture
• Linc Software seeks venture capital
• India largest market for Cummins
• Bina Power plans to raise Rs 700 crore
• IOC to invest Rs 700 crore in LPG facility
• Degussa to hike stake in Insilco
• MRTPC allows Pfizer plea
• AOL offers direct billing facility
• Korean court reject regulators' plea
• 2 French retail groups plan merger

GENERAL

• HSBC consolidates
• Exim to offer export credit for an intermediate tenure
• Banking secretary rules out cut in interest rates
• PriceWaterhouse survey on Indian stock market
• NHAI’s mega project
• CDBT’s new orders on IT refunds
• BNP, Dresdner Bank to come closer
• Inflation touches 1.56%

CAPITAL MARKET

• Domestic public issue may be made compulsory for overseas issuers
• Sebi to summon erstwhile ABS Industries MD
• Sebi permits RSE brokers to enter ISE
• Nasdaq to ask for exchange status

PEOPLE

• Merrill strategist to quit