COMPANIES

• BPL to hive off appliances business into a separate company
• Cable & Wireless to set up 100 per cent India subsidiary
• CLP-Power Intl and Tata Power set up JV
• Hind Sanitaryware and Grohe AG to set up JV
• Cummins scraps plans for setting up a holding company
• Foster's India plans forays in South and North
• Sew Eurodrive to widen its product offerings in India
• Sun may merge Pradeep Drug with itself
• Weitnauer to enter Indian duty-free market

GENERAL

• RBI plans largest corporate debt recast
• Inflation dips marginally to 8.21 per cent
• Chemical industry reeling under high input costs