Marketplace Briefing
The Leo Burnett Company Inc. has announced it has acquired 74% equity in Chaitra Leo Burnett Pvt Ltd. The Leo Burnett Company entered India in 1987 as affiliates to the Indian agency, Chaitra Advertising.

Hong Kong publisher tries online retailing, making some enemies
A brash Hong Kong newspaper publisher has figured out a novel Internet strategy: Go into competition directly with some of his big advertisers.