COMPANIES

• Bajaj to launch cheaper scooters
• Hutchison plans to merge Indian operations
• GE to set up a mutual fund in India
• Satyam Infoway ties up with Intel
• Hyundai India posts $12.68 m profit in 99/00
• Alembic relaunches Glycodin syrup
• LG ties up with Voltas
• Pentasoft launches ASP model for products
• MRTPC discharges case against Rhone Poulenc
• Shipping Corporation to acquire new vessels

GENERAL

• NCAER scales down GDP forecast to 6.1per cent
• Coal sector to have spot pricing

PEOPLE

• CEO David Robins and his deputy quit ING Barings