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Corporate Economy Expressions Markets Leisure 16 February 1998   Air India chief forgoes output incentive, hopes staff will ape move At a time when Air India is embarking on a path of recovery from the present financial crisis, AI managing director MP Mascarenhas has set the ball rolling by voluntarily surrendering his monthly productivity linked incentive (PLI) amount. The move by the A-I managing director is seen as an attempt to initiate similar move from the 13,000 strong AI employees guild to give up PLI.   Lever guns for staff synergy with Brooke Bond Hindustan Lever Ltd (HLL) is exploiting synergies which exist in its sales force and that of the erstwhile Brooke Bond Lipton India Ltd (BBLIL). The company is looking at exploiting synergies with regards to locational advantages to cut down on overheads. NTPC mulls mega hydro-power firm National Thermal Power Corporation (NTPC) will set up a separate joint venture hydro power company by 1999 in a bid to expand its operations from thermal to the hydel sector. The hydro company is likely to be in the joint sector with equity participation. Orkay sells prime city property The Kapal Mehra-controlled Orkay has sold its corporate office in south Mumbai. The move comes in the wake of the company's botched-up sellout bid to the JVG group. The deal is reportedly negotiated for around Rs 14-16 crore.   IndusInd Bank to declare 12% interim dividend Private sector IndusInd Bank has decided to declare an interim dividend of 12%. The payment of the interim dividend will translate into an outgo of Rs 19.20 crore. This is the first instance of a company declaring an interim dividend within a month of its shares getting listed on the bourses.     Aptech branches out, to set up software technology park   Sundaram-Clayton and the art of quality management   IJO mulls $38-million jute development project   Assam refinery may act as Bangla supply base   Executive Briefing   Bankers split hair over interest-rate movement