COMPANIES

• Aptech defers demerger of its software business
• Intel unveils first single-chip ethernet node
• BSNL abolishes duration charges for I-Net
• MTNL gets 6000 applicants for cellphones
• Tata Internet ties up with BP for public Net cafes
• Tatas mull taking VSNL stake
• Reebok move to hike stake in Indian arm opposed
• MUL seeks Rs 100 crore through sale of accessories
• Computer Associates to place core orders to Indian JV

GENERAL

• Indian cellphone market promises huge growth

CAPITAL MARKET

• Weak consumer confidence dampens NASDAQ spirit

PEOPLE

• Mr. Ganesh Natarajan puts in papers at Aptech
• Mr. Narayana Murthy chosen " Businessman of the Year"
• Four GIC subsidiaries get new heads