IDBI sets up four panels for recast
Focussing yet again on overall restructuring, the Industrial Development Bank of India (IDBI), the country's largest financial institution, has appointed four high-power committees to implement strategies to reposition itself in the domestic financial sector. JCPK to become Sony's channel-driver
The Govinda-hosted game show Jeeto Chappar Phaad Ke has boosted Sony TV's ratings in the first week, as Zee TV has slid further while Star Plus manages to hold on. The most significant early trend is that the show has the potential to become a channel-driver for Sony.
BPL Power project awaits multi-partite pact
The 550-mw Ramagundam power project promoted by BPL Power is awaiting the signing of the multi-partite agreement between the Tamil Nadu government, the Tamil Nadu State Electricity Board and the lenders. The agreement is the last hurdle for BPL Power in achieving the financial closure.
Godrej Agrovet not to merge sales forces
Godrej Agrovet, which recently acquired Hindustan Lever's animal feeds business `Goldmohur Foods & Feeds,' has decided not to merge the sales forces of the two companies. At present, the companies are in a cross learning process to share best practices and understand the strengths and weaknesses of each other. A strategy for the future will be chalked out after the two companies understand each other's business.
Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
