Yahoo! unveils Indian operations
Yahoo! Inc of the US, the leading global internet portal, unveiled its Indian operations by launching the portal `www:Yahoo.co.in' specially targeted at Indian web users and those with special regional interest.



NSE, IL&FS promote Net venture for debt market
Infrastructure Leasing & Financial Services (IL & FS) and the National Stock Exchange (NSE) have jointly promoted Debtonnetindia.com to create an industry-wide platform for issuers and investors.



Sail walks out of Bhilai power project
SAIL has opted out of the proposed 574 mw power project at Bhilai in joint venture with L&T and PSEG Global of the US as the Madhya Pradesh government failed to provide escrow commitment to the project.



Other headlines
DoT subverting TRAI proposals, allege bodies
Tyco takes over Mallinckrodt
Ford named sole bidder for Daewoo Motor
Subhash Ghai prepares to float IPO no 1
Bajaj Auto opts for 5-day week at Pune unit
Net venture for debt market
Bizbits
Oracle spy work on MS leaves a stink
Ratan Tata to quit after 2 yrs