Moscow set to review Iisco modernisation proposal
Moscow has decided to examine further the modernisation proposal of Indian Iron & Steel Co (Iisco). The project calls for equity participation by Russia's Tyazhprom export (TPE) with funds coming from the rupee-rouble escrow account.

Hindustan Lever gives in, admits Wheel has no lime
The `war of lemons' being fought between Hindustan Lever Ltd (HLL) and Fena Ltd has taken a major turn with the former admitting that its leading brand `Wheel' does not contain any lemon.

Hoechst Marion, Nicholas Piramal forge pact
German multinational Hoechst Marion Roussel and Nicholas Piramal have agreed `in-principle' to go ahead with a co-marketing arrangement for a range of products in India.

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  Nabard still headless; ministry yet to appoint 5 professional directors
  Corporate Briefing
  Strategic tie with Air India hinges on policy, say Tatas
  Cicco to bring in foreign equity worth Rs 622 cr
  Siemens Matsushita buys capacitor unit for $6m
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  Godrej Pillsbury beefs up distribution network
  Bombay Dyeing retailers get sneak preview
  Indus Entrepreneurs, Kanwal Rekhi to unveil domestic chapter next year
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  Nestle arm Alcon plans wholly-owned subsidiary
  Ford Motor in no hurry to buy out Volvo, say industry experts
  South Korea bad loans' sale signals foreign optimism
  Grasim likely to stay bullish
  Karol Transpower gets ISI nod
  Sunrise Industrials