COMPANIES

• Bajaj to launch another indigenous mobike
• Balmer Lawrie closes Navi Mumbai unit
• Ispat eyes backward integration
• GAIL may buy 15% stake in Shell's Egypt field
• AV Birla forms JVs for Aussie copper
• DCA likely to take up fresh probe into Daewoo affairs

GENERAL

• India criticises EU trade quotas
• Centre govt to cross FY04 borrowings target by 10%

BANKING AND FINANCE

• RBI eases foreign currency accounts guidelines
• Bank of Baroda to raise Rs 600-crore tier-II capital
• Centrum Finance to enter stock broking business
• RBI eases bancassurance norms
• Sundaram Home Finance to expand operations in AP

MARKETS

• Sensex gains 121 points
• Sebi to appeal against SAT order
• UTI asked to stagger SUS-99 redemption