Ispat Industries to start Bhadravati power plant work by January
Ispat Industries plans to commence construction of its 1082 mw power plant in Bhadravati by January 1999. The company is currently finalising the financing structure of the project and expects funds to be tied up by the end 1998.

Gujarat Ambuja to set up second cement grinding plant in Punjab
The foundation stone of Gujarat Ambuja Cements' second cement grinding plant at Bathinda in Punjab has been laid by the state chief minister Prakash Singh Badal. The plant will use fly ash to produce high grade cement.

Hindustan Lever pays interim dues to retired employee
Hindustan Lever (HLL) has paid interim dues of Rs 48,450 to Nagesha Rao, a retired field force officer in response to the Mumbai high court's order. The interim order was in response to a petition filed by Rao in April 1998.

  Chargeurs slashes full-year forecast on Asia woes
  SAIL seeks ally for Durgapur alloy unit
  Onward Novell move to attract domestic software developers
  Avi group's Sonepat packaging unit likely to start operations shortly
  Indian Express Online Media eyes Rs 10 crore turnover
  Goetze to float overseas corporate firm
  IDFC seeks more role in Karnataka, Andhra Pradesh core projects
  US' Phoenix Home Life, Command part ways in local venture
  Reliance bundles LNG terminal with Gujarat port plan
  Marketing investments likely to impact Colgate-Palmolive's near-term profits
  Centre sets 1-year deadline for AI, IA divestment
  Vysya Bank scouts for ally
  Sybase Inc to focus on three key business-computing markets
  No retrenchment in case of merger with Zee
  Fag Precision to focus on exports
  Indian Rayon set to demerge cement wing in favour of Grasim Industries
  Indian Rayon's sea-water unit may be next on block
  Shiv Nadar buys out ally's stake in HCL
  Birla Corp adopts restructuring plan, to concentrate on its core strengths
  PNBMF wants to fight its way back
  Marketplace Briefing