AC Muthiah gets award for business ethics: AC Muthiah, vice-chairman and president, Spic received the Rotary International District Vocational Service Award for outstanding efforts in business ethics on Sunday. Speaking on theoccasion, Muthiah said that corporate houses must evolve a value system that demands and enforces the highest ethical standards in their dealings with employees, associates, customers, suppliers and others. "They should be committed to the well-being of their employees and their families, providing quality products and beneficial services to customers, and strongly support social causes in promoting education, health, sports, arts and community development," he said.

Oil firms meet on Y2K solutions: Several national oil companies in India are converging in Chennai to hold a tow-day Oil Industry Symposium on Y2K solutions - 1999 starting on Monday. It is jointly organised by the Centre for High Technology and Bharat Petroleum Corporation Ltd, Bongaigaon Refineries and Petrochemicals Ltd, Cochin Refineries Ltd, Engineers India Ltd, Gas Authority of India Ltd, HPCL, Indian Oil Corporation Ltd, Madras Refineries Ltd, OCC, Oil India Ltd and ONGC. A steering committee comprising senior IT executives fromparticipating companies and OCC was convened by CHT to take stock of the underlying issues on Y2K as applicable to the petroleum sector in the country.