Godrej Soaps -- Ensuring a clean break for employees
When Poornima Parameswaran, an employee at Godrej Soaps Ltd, received a personal letter dated July 31, 2000, from the company's chairman Mr Adi Godrej, informing her about the company's plans to demerge, Poornima felt cared for.

Nascar sponsors are reluctant to spend on expensive Fox ads
Fox Sports couldn't have asked for better television ratings to open its eight-year, $1.6-billion deal to broadcast Nascar auto racing. Wooing enough advertisers hasn't gone as smoothly.

UB Group to open 50 lifestyle retail stores, to invest Rs 100 crore
McDowell'S International Brands Ltd (MIBL), a 100 per cent subsidiary of the UB Group, plans to open 50 lifestyle retail stores with an investment of Rs 100 crore in the country by the year 2002.


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