Divestment panel moots 51% selloff in MMTC
The Disinvestment Commission has recommended divestment of 51% equity in Minerals & Metals Trading Corporation through strategic sale.

Jagmohan moved to urban affairs in Cabinet reshuffle
Prime Minister AB Vajpayee on Tuesday effected a minor reshuffle of his Cabinet by shifting two senior ministers on expected lines, ending intense speculation since yesterday.

Centre notifies amended patent rules sans changes in objectionable clauses
The Government is understood to have notified the amendments to the Patents Rules 1972, in more or less the orginal form, despite strong objection from the domestic drug industry on several fronts.

CORPORATE
Dabur Pharmaceuticals sets up $5m oncological unit in Britain
RPG gets FIPB okay to divest balance stake in BTP India

ECONOMY
RBI plans database on bank loans
Telecom industry jubilant over Jagmohan's exit

EXPRESSIONS
Recession-hit Japan loses will to invest overseas
Kashmir crisis may worsen as Delhi heralds new offensive

MARKETS
Market optimistic; Sensex up 31 points
Market needs depth for stability -- Rathi

LEISURE
Word-of-mouth ad creates a Japanese idol
New web-linked Office faces Y2K worries