Sensex scales another 95 pts, crosses 4700
The bull frenzy on the stock markets continued unabated with the Bombay Stock Exchange Sensitive Index (Sensex) soaring by another 95 points to cross the 4700 level for the first time.

RPL refinery starts production ahead of schedule
Reliance Petroleum Ltd (RPL) started production yesterday at its Jamnagar refinery, Gujarat. The start up of the refinery is learnt to be ahead of schedule.

Enron signs major LNG deal with Petronas
Enron of the US has entered into an agreement with Petronas of Malaysia for the supply of 2.6 million tonnes per annum (mtpa) of liquefied natural gas (LNG) to the former's Dabhol LNG terminal in Maharashtra.

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  Bizbits
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  Khattar gets full charge at MUL
  Rice exports slump 54%
  Crisil downgrades Essar Oil debenture
  Microsoft plans centre in Pune
  ICICI cuts interest rates on bonds
  Pakistan's next battle is to salvage economy
  Aptech profit up 41.5%
  Motorola asks partners to bail out Iridium
  CBI cracks down on Indian Airlines ticket racket
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