Friday, November 6, 1998
Another deadline
Finance minister Yashwant Sinha has caught the Vajpayee fever of announcing the date by which a certain decision will be taken, even before going into the complex issues of the concerned subject.
Indo Gulf hive-off plan to aid investors
News reports indicate that Indo Gulf Corporation plans to hive off its jetty into a separate entity. The jetty was initially conceived as a captive project to serve the transportation needs of its new division -- Birla Copper.
Dumping has not affected steel industry
Contrary to popular perception, dumping by foreign players is not the main reason for the drastic fall in domestic steel prices. The domestic steel industry has been hit hard by the price fall, but dumping may not be the real reason.
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