COMPANIES

• Asian Paints promoters strengthen hold
• Bharti to buy into JT Mobile
• A data network for universities
• Castrol India to realign operations
• Pfizer Inc. bids for Warner Lambert
• Essar Commvision may offer stake to HFCL
• LG to invest $20 million on refrigerator unit
• Telstra more interested in Internet business
• L&T picks up stake in DLF Cements
• Wipro Technologies to look for more offshore business
• Bell dominates Indian helicopter market

GENERAL

• SBI seeks lower RBI stake
• EPCG scheme extended
• Govt. rules out intervention in FI sell-off
• Exim Bank signs MoU with China’s Exim Bank
• Madurai Telecom's free access to internet
• China okays first foreign communications service

CAPITAL MARKET

• Nasdaq plans European bourse
• OTCEI and BgSE arms on NSE
• BSE chalks out expansion plans
• Memorable samvat at the BSE
• SEBI frowns on preferentials at discount

PEOPLE

• HCL's new chairman selected
• Rajeev Karwal quits LG
• Citigroup Inc's chairman in India