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Thursday, April 30, 1998
  SmithKline Beecham's psycho thriller
Last month, Bangalore-based SmithKline Beecham Pharmaceuticals India Ltd, (SmithKline) took a generous measure of psychology, added a beaker full of HRD practices and came up with an innovative management formulation: the use of psychometric testing for internal promotions.
  Foodworld plans new range of health food, beauty products
Foodworld, the retailing arm of the RPG group, is planning to introduce a new range of health food and herbal beauty products range under a new brand name. The range which is to be called "Nature's Bounty", will be available in all the Foodworld outlets from May 5, just before the second anniversary of the supermarket chain.

Marketplace Briefing
Consumer products major, Hindustan Lever, has once again appointed Fulcrum (Hindustan Thompson Associates) as its Agency of Record (AOR). Fulcrum came winner to retain the estimated Rs 500 crore worth HLL media account (press, television and radio) in an open pitch also contested by Ogilvy & Mather and Ammirati Puris Lintas.
Plantation firms go on the offensive
The Association of Agri Plantation Companies of India (AAPCI) is planning to launch an aggressive campaign against SEBI's decision to regulate plantation companies. The association plans to take out a public notice which questions SEBI's legal authority regarding existing schemes of plantation companies.


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CSE invites bids for new complex
The Calcutta Stock Exchange (CSE) is inviting experienced firms, including global consultants, for "conceptualising, designing and executing" a new building complex for it at the Eastern Metropolitan Bypass in Calcutta. The estimated cost of the project is likely to be around Rs 100 crore.

JM Mutual Fund to unveil index fund
JM Mutual Fund is launching an equity scheme called JM Index Fund. The scheme will be offered under two plans, plan A and plan B. Plan A will track the BSE Sensex and plan B the NSE Nifty. The fund will be an open-ended one with an initial lock-in period of six months.