COMPANIES

• Escorts units conversion comes under glare
• Hindujas wants to raise foreign stake in InCablenet
• Govt: Dominant Indian partner needed in new uplink norms
• Apollo Hospitals to manage Malaysia hospital
• Essar Shipping board okays Vedinar oil project package
• Balaji Tele plans Rs 20-crore capital expenditure
• Whirlpool expects 15% value growth
• BHPV gets NPC order

GENERAL

• CAS: Govt may opt for soft launch
• Govt clears three OBU proposals

BANKING AND FINANCE

• Bajaj Allianz offers motor cover for WIAA members
• HDFC to open office in Erode
• IIB to change its stripes
• Syndicate Bank Rs 100-crore bonds fully subscribed
• SBH to organise personal loan utsav

MARKETS

• IL&FS to restructure E-Com Fund
• Morarjee board okays additional shares purchase
• SEBI suggests fee collection from brokers by exchanges
• Rupee ends higher

PEOPLE

• I J Jain to head GIC African subsidiary