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L.M. Thapar is Thai company chairman
New Delhi
: Lalit Mohan Thapar, chairman of the LM Thapar group, has taken over as chairman of Thailand-based Phoenix Pulp and Paper.

Mr Thapar takes over the position, which had been occupied by George Davison, who has been removed by a group of banks and financial institutions that have holdings in the company. The L.M. Thapar group has 12.5 per cent equity stake in the company.
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Anil Bhatia passes away
Mumbai: Anil Bhatia, general manager of Hindustan Thompson Associates, died following a heart attack on 28 August. He was 45.

Mr Bhatia is credited with leading the growth of the agency, which became a Rs 350 crore company from a mere Rs 10 crore company in 1985. He was also associated with the establishment of a number of new divisions of the agency like HTA Direct, Fulcrum and HTA Interactive. He was a management graduate from IIM Ahmedabad.
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domain - B : Indian business: News review : 1 September 1999 : people