COMPANIES

• Zee acquires 51 per cent of Asianet
• Telco to launch new Sumo variants
• NIIT values its education business
• Shoppers' Stop acquires Crossword
• Fiat to launch Palio in India by end-2001
• Grasim commissions its cement plant in Tamil Nadu
• Apollo Hospitals pilots telemedicine project in AP
• Dominoes Pizza strikes a unique deal with Infosys
• Unilever buys out US-based health foods company
• Alcan and Pechiney merger talks still on

GENERAL

• Maharashtra government exempts private companies from land lease charges
• Sleeping with the enemy

CAPITAL MARKET

• Sensex back to a lull after a bullish run
• Reliance to buy back shares at Rs. 303 per share
• BSE amends listing agreements
• Five mutual funds record 100 per cent growth

PEOPLE

• Sony India gets new MD