COMPANIES

• UB claims debt assignment from Shaw Wallace creditor
• Herbertsons seek court directive against Chhabrias
• Daewoo to source Matiz from India
• HCL Tech to give 20% stake to staff
• Cummins India to be global source
• Usha India in power sector
• Reliance hikes polymer product prices
• Grain Tech to enter branded food segment
• Open offer for Fine Drugs' shares
• CDC divesting stake in DSQ
• Thapars to place AP Rayon stake with funds
• Mittal, Shah promote film venture
• Deutsche Telekom interested in Global One
• SBC, Deutsche in talks?
• Nippon Mitsubishi, Cosmo announce tie-up
• Samsung, Dell in deal
• Audi recalling sports coupe
  

GENERAL

• Coup in Pakistan, army in control
• Reforms to go on: Sinha
• IIP moves up in August 1999
• Rupee may be kept stable
• Some banks may not be able to meet CRR norms
• ARCs to help banking sector
• IDBI Bank likely to introduce novel card
• HC: Licences are under the purview of Govt., DoT
• BPL Mobile proposes CPP system

CAPITAL MARKET

• Stocks cool down
• UTI US-64 performing well
• Sebi wants exchanges to be more vigilant
• IFCI rights issue in Jan 2000
• BSE profit rises
• CSE undecided on card auction
• Hughes issue oversubscribed

PEOPLE

• Manu, Kishore Chhabrias end feud
• Ravi Jain may join Mallya
• Vijay Advani to head Templeton's Asia region
• Sandilya to be Eicher CEO