COMPANIES

• Reliance group makes big splash entry into LNG sector
• Essar and Hutchison to combine forces
• Sterlite to buy out Unitech stake in transmission company
• Jet seeks nod to lease in five jets
• LG launches new models
• M&M to bring vendors, clients online
• Cable & Wireless combines forces with Nokia for internet alliance
• Telco’s Indica set to sail to south European shores
• Crompton Greaves in talks to sell switchgear unit

GENERAL

• Patchwork long-distance policy to be restrictive, calls for entry fee
• Government may open international telephony sector before 2004
• Call stays in range, as securities decline
• Oil companies join hands to abolish credit
• Arthur Andersen India shortlisted to advise Mauritius Govt
• Yet another power major pulls out

CAPITAL MARKET

• Sensex closes lower as funds stay way
• DSP Merrill Lynch named best investment bank
• Sebi tightens screws on accounting norms
• Sebi sets up committee to review accounting norms for dotcoms