DoT moots new licence formula
The department of telecommunications has suggested a new strategy to the Attorney General Soli Sorabji in a bid to resolve the telecom licence fee mess.

Sensex vaults 119 points on peace hopes
Hopes of peace on the borders did the trick and rumours of a cut in CRR completed the game. The result -- The Sensex bounced back by 119.67 points.

CII to set up fund for Kargil victims
The Kargil situation seems to have touched a humane chord with India Inc. CII has approached its member companies seeking liberal contributions for the soldiers and their families affected by the Kargil operation.

CORPORATE
Tisco to merge operations, maintenance departments
Hind Lever Chem, Oswal & Tata Chem eyeing Paradeep Phosphates

ECONOMY
RBI foils banks bid to boost profits via accounting jugglery
Task force seeks Y2K compliance status report from MoST, power ministry

EXPRESSIONS
UTI and corporates
Total autonomy

MARKETS
Wait-and-watch or wait-and-grab?
Rumour mills target banking counters

LEISURE
Icing for beefcake? Fem to launch bleach cream for men
Kodak zooms in on `tween' girls as trendy and cash-laden, too