COMPANIES

• At Fis’ instance, Reliance Industries considers rescuing Spic Petrochemicals
• Wockhardt realises money from real estate, sells Bandra Kulra building to Enron
• MSEB may pay for fixed costs in view of delay in purchase from Dabhol till September
• Telco plans to decentralise CV marketing
• Hindalco may put in bid for government stake in Balco
• 8-9 new active pharmaceutical ingredients from Ranbaxy in current fiscal
• Sandvik’s bullish plans for India
• Ford Motors to go it alone for Daewoo Motors bid

GENERAL

• Government allows 100 per cent FDI in e-commerce

PEOPLE

• Prakash Wakankar takes over as new chief executive of Mahindra Holidays