COMPANIES

• Floor price for IPCL shares set
• Virgin seeks code sharing
• Zee Multimedia bags Miss World production
• Maruti plans Alto for mid-2000
• IA’s discount scheme to yield Rs 10 cr
• Karnataka’s new initiative in Indo-Rama project
• Gillette to hike stake in Indian arm
• Indus Entrepreneur chapter in Mumbai
• Ceat for more retail outlets
• GM wants to take over Daewoo
• Opel to cut 8000 jobs
• Hewlett-Packard to set up Internet fund
• Canadian Airlines for Air Canada buyout
  

GENERAL

• Inflation rate down
• Moody’s raises rating of 7 banks
• HDFC Bank plans alliances with software cos
• Chemical berth at Mumbai port

CAPITAL MARKET

• Sebi cautions stock exchanges
• Sebi cancels licences of 2 MF companies
• Indian Bank MF asked to pay dividend
• Allahabad Bank plans bonds issue

PEOPLE

• Harish Mahindra passes away