COMPANIES

• Bajaj may set up plant in Italy
• A T Kearney to help RPG group draw up Net plan
• Baron International restructures, ties up joint ventures
• Global TeleSystem appoint well know valuers for merger plan
• Wipro, GE talks for hi-tech pact, off
• Mumbai unit of Castrol India shut down

GENERAL

• Sugar lobby under Pawar to enter insurance sector
• Cable TV act amendment approved by cabinet
• While competition complains of choking, VSNL demands national ISP status

CAPITAL MARKET

• Funds selling leads to Sensex fall

PEOPLE

• UTI gets two new executive directors
• Ramadorai on Tata Industries board