COMPANIES

• MTNL allows payment of bills through MasterCard
• Apollo Tyres Gujarat unit has strike on its hands
• Nestle to enter the mineral water arena with "Pure Life"
• McDowell to amalgamate seven group liquor companies
• MTNL files NYSE plan for listing
• Voltas offers new VRS option
• Baron, TCL to set up production venture
• Daikin to make Siel’s plant base for commercial refrigerators
• Gillette to hike ISPL stake to 72%
• HCL Infosystems arm in pact with RightWorks
• Tisco seeks Steel Fund loan waiver
• US company launches competency centre in Hyderabad

GENERAL

• Huge increase in cellphone subscribers
• Finance ministry may yield on taxation of ESOP
• Premier economic institute predicts 6-7 per cent GDP

CAPITAL MARKET

• Yet another see-saw day, sensex crashes by 285 points
• Crash may force Sebi to review rolling contract system
• Top corporate names team with IBM for new fund
  

PEOPLE

• New CEO at Bank One taps former Citi colleagues
• A visionary honoured
• Tanishq chief quits to float e-business