DMB&B to take over Ambience Advertising
The $8-Billion MaCmanus group's communication's company D'arcy Masius Benton & Bowles (DMB&B) will pick up a majority stake in the Rs 80 crore privately held Ambience Advertising Company.

Sterlite eyes Rs 1,200 crore sales in 1999-2000
The copper plant of Sterlite Industries Ltd in Tuticorin is poised to increase its sales turnover to Rs 1,200 crore next year owing to the expected hassle free operation of its smelter and production of 350 tonnes a day of phosphoric acid.

Hoechst may divest animal health business
German multinational Hoechst is believed to be planning to divest its veterinary business globally, in what is being seen as a continuation of the company's corporate metamorphosis.

  New Holland puts on hold planned foray into construction business
  J&N pins hopes on 15% growth in sales in 1999-2000
  MRPL to pick 26% in Mangalore pipeline
  Sintex targets 25% turnover growth
  TPE moots Rs 800 cr expenses for SAIL modernisation plan
  Gujarat Gas seeks slash in sales tax for CNG vehicles
  Briefing
  DSQ Software plumps for direct marketing, axes channel option
  CLB seeks reply from LML, Singhania on Piaggio plea
  Lockheed set to cut work force by 2,000
  Panel moots separate group to tackle insider-trading