COMPANIES

• Bombay Dyeing calls off insurance JV with CGNU
• RPG group seeks new partner in Chennai-based RPG Cellular
• Essar drops plan to sell power co stake
• Axles India teams up with Dana Corporation to make drive heads
• Bajaj Auto joins list of applicants for non-life insurance
• MBT plans public issue in Jan '01
• BSES plans Rs 20cr investment for optic fibre

GENERAL

• ICICI may stun markets - reverse merger with ICICI Bank

CAPITAL MARKET

• Release of reserve oil cools the sensex

PEOPLE

• Airbus promotes Indian as vice-president
• Bank of Maharashtra gets new CMD