State Bank plans to pitch for value-added product pricing
The State Bank of India has decided to push for "value-added" pricing of products, a shift from the existing concept of "cost-plus" pricing.

Hoechst-Rhone domestic merger may face hurdles
Cross-holdings in the equity structure of the Rhone Poulenc group and complications on the labour front are being viewed as possible hindrances to a smooth merger of the French multinational and the Hoechst group in India.

Hindustan Petroleum, Exxon set to sew up Bhatinda venture marketing terms
Hindustan Petroleum Corporation (HPCL) and Exxon Corporation of the US are close to finalising the marketing terms of their proposed refining venture in Bhatinda, Punjab. A team from Exxon is in the last round of talks with HPCL officials on various other aspects of the alliance.

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