Hind Lever Chemicals Ltd's board will meet on January 24 to consider a proposal for the merger of the company with the Tata Chemicals Ltd.
'He wanted to learn all the time.'
Vijay Kelkar, former advisor to the Union finance minister, has joined the board of Tata Chemicals Ltd as director.
Tata Chemicals Ltd has posted a net profit of Rs 555 million for the quarter ended December 31, 2002 as compared to Rs 460.90 million in the quarter ended December 31, 2001.
Tata Chemicals has decided to buy US-based General Chemical Industrial Products Inc for over USD 1 billion.
Hind Lever Chemicals is considering merging with Tata Chemicals Ltd, the Bombay Stock Exchange said on Wednesday.
Aiming to be the number one player in the soda ash industry, Tata Chemicals Ltd said it has acquired 63.5 per cent stake in UK-based Brunner Mond Group Ltd
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