Indian Oil employees give sops-laced golden goodbye scheme cold-shoulder
Barely 1,000-and-odd employees of Indian Oil Corporation (IOC) have applied for the one-time voluntary separation scheme (OVSS) which closes on June 30.

BHEL plans golden goodbye for select staff
The Bharat Heavy Electricals (BHEL) board is considering a proposal to launch a voluntary retirement scheme (VRS) for "select" employees.

Indal joins Hindalco as its subsidiary, gets new board
Indian Aluminium Co Ltd (Indal) became a subsidiary of the Aditya Birla flagship company Hindalco Industries Ltd, which has taken up a 74.6% equity stake in Indal.


  Ministry plans Cabinet note for sale of IBP's products to IOC
  Shasun Chem to seek shareholders'nod to place equity shares privately
  Magal of Israel bags Reliance Petroleum order
  Mitsubishi says to stand by Volvo in truck tie-up
  Zydus-Cadila chief Patel gets Gujarat Businessman Award
  Tasty Bite eyes Nasdaq listing via ADR float
  Mammoth deals expected to spur more consolidation in food industry
  The index
  Steering committee formed for Hindalco-Indal synergy
  DPIL to raise Rs 70 crore to repay debt, fund acquisitions
  RPG Life Sciences net jumps 140.5%
  Tata Engineering kicks off one-shift schedule
  Apollo Hospitals net spurts 85%to Rs 12 crore
  MUL, Bajaj Auto exports zoom in May
  Briefing
  Govt-industry group to step up FDI inflow
  IFC team coming next month to talk on chemical estates
  Guj Petro sure of Sur Portcompletion by March 2003
  Itcot preparing TEF reportfor Gujarat chemical park