COMPANIES

• Ford Motor picks stake in Thirdware
• Tata Steel to expand its bearing division
• Bristol-Myers plans to bid for German Remedies
• Tatas exit joint venture with BP
• ICI India sells polyurethane business
• New Balco management considering lock-out at plant
• Caltex to acquire lube company Chemoleums
• Drug Contoller approves Novartis launch of eye product
• Bajaj-Allianz insurance to kickstart from July
• Ispat Industries likely to seek bond rollover
• Bajaj Auto reshuffles product portfolio
• Boeing moving world headquarters out of Seattle

GENERAL

• Defaulters allowed to bid for fresh cellular licence

CAPITAL MARKET

• Sebi likely to supersede CSE board