COMPANIES

• Basell Polyolefins plans to pick up 76 per cent in petrochem division
• Ilyushin to tap Indian aircraft market
• Nirma lowers brand royalties to parent
• Hindustan Copper divestment set for June’01

GENERAL

• Government targets $10 billion in FDI to prop up growth rate
• Sebi to tighten disclosure norms for mutual funds

PEOPLE

• Sabeer Bhatia turns angel investor for Indian IT companies