COMPANIES

• Enron follows its other partners, exits Pipavav power project
• Zee Telefilms acquires 26 per cent in Aplab
• Bell to exit India; to sell entire stake in Skycell
• Novartis gets board nod to hive-off of agri-business
• Cummins launches new range of gensets
• Telco to focus on cost cutting
• Reliance said to be on the hunt again, pitches for IBP
• ICICI Infotech to join hands with Emirates Financial
• Satyam Infoway to sell VeriSign products in India
• Swedish Match to buy out Jatias in Wimco
• Air India divestment, foreign airlines deny any moves
• France Telecom succeeds in its bid for Orange at $37bn
• Nokia launches first high speed circuit data service in Hong Kong

GENERAL

• Re down 8p, ends at 44.56 to dollar

CAPITAL MARKET

• Anand Rathi plans to enter mutual fund business
• Sensex up 122 points thanks to FIIs’