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INTERNATIONAL
WorldCom finds $ 2 billion more in fraud: Report
New York: Bankrupt telecom group WorldCom has uncovered another $ 2 billion in accounting fraud, financial television station CNBC said on August 8.

NATIONAL
SENSEX touches 43-week low, down by 8.67 points
Mumbai: The Bombay Stock Exchange (BSE) registered its longest weekly losing streak of the current calendar year as the SENSEX declined by 8.67 points to close in negative terrain for the fifth successive week on selective selling by foreign funds and local institutions.

Post Jan 2000 petrol pump licences to be cancelled soon
Chennai: The government has asked the oil companies to terminate licences for nearly 3,700 petrol pumps, LPG and kerosene agencies issued since January, 2000, and put them up for open bidding following Prime Minister Atal Behari Vajpayee's decision in the wake of the controversy over the dealerships.