COMPANIES

• Battering on markets results in Wipro lowering ADS price
• Tatas in talk with AIG to get balance 10 per cent stake in Tata Cellular
• Production hit as MUL workers go on strike
• Rajan Raheja to increase stake in Prism Cement
• Sanyo to hike stake in BPL joint venture
• Ciba to quit performance polymers by Q1 2001
• Telco to launch Indica in Italy by month-end
• TVS Suzuki pulls out of auto majors’ B2B portal
• Ranbaxy to get $5 million from Bayer

GENERAL

• ICICI merger plan hits roadblock
• Battle over disinvestment may cost Air India managing director his job

PEOPLE

• Kellogg Graduates Schools, Bala on Usha IT board
• Garrick D'Silva to be Whirlpool Asia V-P
• Motorola loses key executive