Reckitt & Coleman unveils cost-cutting plan
Embattled British household goods group Reckitt & Colman Plc launched a radical cost-cutting rescue plan to include job cuts and plant closures worldwide in a bid to stem an alarming profit slide.

GJEPC plans advanced course in jewellery designing
The Gem & Jewellery Export Promotion Council (GJEPC) is in the process of setting up a full-fledged international training school that will offer full-time diplomas in jewellery designing and manufacturing with the aid of computerised techniques.

SocGen and Paribas rebuff BNP bid
French banks Societe Generale and Paribas both rebuffed an unwelcome double-bid from rival BNP and said they wanted to pursue their own two-way merger.

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