COMPANIES

• Chandra, McCaw to jointly revive ICO
• Piaggio, Singhanias formally end JV
• Gretag, Photoquip in tie-up
• SGI India on recovery path
• Cisco plans ties with Nokia, Ericsson
• BASF spurns merger move with Bayer
• EntryPoint denies deal for Net Creation

GENERAL

• Bank deposits up by Rs 357 crore
• RBI eases paperwork for private banks
• MTNL cuts Internet rates
• WTO talks end in failure

CAPITAL MARKET

• Badla rates go up

PEOPLE

• Rajen Lav, GM, HP-ISO
• Pittalwala to head Blackstone’s operations
• Jail for Indian executive