COMPANIES

• MUL disinvestment plan cleared
• Tetra Pak unit to recycle packaging material
• Jaiprakash Industries not to sell cement unit
• ABB to set up R&D base in India
• Pfizer rethinking on plans to set up arm in India
• Hitachi to launch high-end refrigerators, washing machines
• Delphi Automotive plans expansion
• IOC to invest Rs 500cr in retail outlets

GENERAL

• PWC study says M&As not yielding net growth
• S&P wants to enhance its presence in India
• Evaluators for BALCO assets appointed
• JNPT to invest Rs 600 crore approach channel

PEOPLE

• Mr. Farrokh Kavarana named Tata AIG Life chairman