Banga named HLL chief, Dadiseth heads for UK
In a significant reshuffle of the top functionaries at Hindustan Lever Ltd (HLL), chairman Keki B Dadiseth will be replaced by Manvinder Singh `Vindi' Banga -- the former director of HLL's detergents business -- with effect from May 1, 2000.

MUL, Hyundai, Telco perk up car sales by 56% in April-Jan
Car sales jumped sharply by 56% for the period April to January 1999-2000, riding on the success of Korean auto majors, Telco and Maruti Udyog from 3.26 lakh units in the previous year.

Unilever pre-tax net slips 5% to 2.9 bn pounds; to axe 25,000 jobs
Major streamlining of the supply chain and administrative structure of Anglo-Dutch Unilever will help lift the world's largest consumer goods group to a new level of growth and profitability, chairman Niall Fitzgerald said on Tuesday.


  Larsen & Toubro arm to set up nationwide Net backbone
  Stora Enso to acquire Consolidated Papers
  Royal London to take over United Assurance for $2.4 billion
  Exxon Mobil units in Japan plan to merge
  Ford bets on new models to boost share in Europe
  Levi Strauss reveals sharp sales slump
  Top executives quit Sotheby's amid price-fixing probe
  Ispat arm knocks on state door for Bhadravati project's escrow cover
  Hyundai waits for parent's approval to export Accent engines to Europe
  Volvo aims to sell 500 trucks, rolls out Tippers in the east
  Wipro chief Premji hints at US listing
  Austria woos Bollywood in bid to gain toehold in tourism sector
  Elder Pharma's IPO is oversubscribed 8 times
  The index
  Excise on cotton yarn may be cut to 5.75%
  Sical ties up with Italian company for port-based services