COMPANIES

• ICICI Prudential and HDFC Standard flag off private insurance in India
• Wockhardt and Bayer enter into co-marketing deal
• M&M to set up two more tractor assembling units
• Melstar buys Global Systems for $1.8 million

GENERAL

• Industrial growth dips to 5.7 per cent in April-October
• Prices of 100 drug formulations cut

CAPITAL MARKET

• Castrol UK’s open offer for Indian unit
• Mutual fund redemptions exceed last year’s numbers

PEOPLE

• Ross Perot Jr. to visit India