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Corporate Economy Expressions Markets Leisure Tuesday, March 31, 1998   Pfizer to seek shareholder approval for sale of Ankleshwar unit Pfizer will seek shareholder approval for the proposed sale of its Ankleshwar facility in Gujarat at its forthcoming annual general meeting (AGM). The meeting will also seek shareholder approval for the appointment of B Valentini and Pierre G Etienne as directors of the Indian arm.   GSFC may set up consortium to acquire stake in Togo mines Gujarat State Fertilizers & Chemicals (GSFC) is exploring the possibility of setting up a consortium with the West Asia-based trading company Trans Fert and the Rajasthan State Mining Corporation to pick up a stake in Togo (rock phosphate) mines located in West Africa. Polysindo, JCT lock horns, spar on synthetic-fibre unit valuation Indonesian firm Polysindo has accused JCT of going back on its earlier commitment on the price for its synthetic fibre division. Polysindo was keen on completing the transaction, but JCT has suddenly raised objections on the valuation of the business and has sought an additional Rs 100 crore for the divestment. BMW to buy Rolls-Royce, Bentley for $571 million BMW of Germany is to buy the luxury car makers Rolls-Royce and Bentley for -- 340 million ($571 million). The agreement specifies that Rolls-Royce and Bentley cars will continue to be made in Britain.   L&T set to bag industrial zone contract in Gujarat The diversified engineering major Larsen & Toubro (L&T) is set to bag the construction contract for a special-industrial zone in Gujarat for garments. The garment zone is being set up by the Clothing Manufacturers Association Of India (CMAI). BT mulls open offer for Bharti Telecom Global telecom giant British Telecommunications Plc is understood to be considering an open offer to the shareholders of Bharti Telecom to pick up a substantial stake in the company. The offer is expected to be made in the range of Rs 95-100.   CORPORATE Bayer India net jumps 7% to Rs 10 crore Cidco plans to invite bids for projects worth Rs 1,860 crore ECONOMY Finance ministry urged to set up panel to redraft Income-Tax Single bond system for EOUs, EPZs EXPRESSIONS Is BJP ignoring the domestic investor? The Index MARKETS MSE members opt for BOLT and Fise to boost sagging volumes Sensex drops 11 points on squaring up of positions LEISURE Price wars, depreciation sop fail to prop personal-computer sales Aquaculture is eco-friendly, says SEAI