COMPANIES

• Mangalore Power Project in peril
• Essar Power, Marathon extend pact periodicity
• Essar Steel bailout likely
• L&T told to focus on engineering
• Piaggio plans India to be export hub
• Infosys, EC Cubed in alliance
• Ford Escort being phased out
• Telco bags export order for Indica
• BPL, Hutchison eye share in Sterling
• Bharti group to invest Rs 200 cr in south
• Gillette to upgrade facilities
• Air Canada acquires 50% holding in Canadian Air
• Mannesmann specifies a price
• Walt Disney plans theme resort

GENERAL

• Exim Bank debt offering
• IDBI to subscribe to IFCI rights
• ICICI Bank launches Internet banking for NRIs
• 4 bank officers' unions agree to IBA proposal

CAPITAL MARKET

• Dull day in markets
• NSE clocks 6 lakh trades a day
• Sebi wants MF arms to disclose investments
• Sun F&C plans four funds
• Himachal Futuristic plans private placement
• TV18 IPO at Rs 180

PEOPLE

• Memani re-appointed to IMF panel
• Chaturvedi to head Cholamandalam MF