COMPANIES

• Hindustan Motors plans to make Pajero
• Geologistics Corp increase its stake to 100 per cent
• Rane (Madras) to sell stake in two joint ventures
• TVS-Suzuki sales rise 6 per cent in Nov
• Mahindra’s Knowledge park to be ready by 2001-end

GENERAL

• WTO sets up panel to examine India's auto policy
• Ten-year tax holiday for food processing on anvil
• Steel companies plan cutback production
• Nasscom to re-focus on domestic software market

PEOPLE

• Indra Nooyi takes over as PepsiCo’s CFO