Godrej Soaps likely to bid for HLL animal feeds division
Godrej Soaps, the Adi Godrej-controlled FMCG major may emerge as a likely suitor for the animal feeds division of Hindustan Lever. Godrej Soaps managing director Nadir B Godrej confirmed that the company would be interested in buying out the business.

DoT puts BPL's ISP licence on hold
The Department of Telecommunications (DoT) has held up the Internet Service Provider (ISP) licence to the BPL group, apparently on the ground that group telecom company, BPL-US West, has not yet cleared its outstanding cellular licence fee.

Birla Global to spin off car finance into separate unit
The Aditya Birla group has decided to convert its financial services flagship, Birla Global Finance, into an operational holding company for the group's financial services operations.

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