COMPANIES

• Clause to curb asset stripping in Modern deal
• Enron into IT sector
• Unitech group enters entertainment sector
• Goodyear for more investments in India
• Castrol plans exclusive products for Telco, LML
• PortalPlayer’s design unit opened
• Infosys, Aon Corp in tie-up
• Union Transport bags Suzlon contract
• Intel to use large silicon wafers
• Sun to launch Solaris update before Windows 2000
• NEC develops encryption technology
• Vivendi calls off talks with Mannesmann
• Honda beats Nissan to No 2 position

GENERAL

• SBT to have own exchange house in Gulf
• NatWest may  be forced for merger

CAPITAL MARKET

• Sebi prescribes norms for market-making
• MTC India plans IPO

PEOPLE

• Indian in run for London mayoralty
• Motorola man is now No 2 at AMD