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New
bagasse-based power policy not to offer cover for forex risk
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The Maharashtra government,
in view of the lesson learnt from the ongoing Enron crisis,
in its new policy for the promotion of bagasse-based power projects,
has decided not to offer cover for foreign exchange fluctuations
and a pass through facility for the sugar cooperatives for the
use of traditional fuel instead of bagasse due to its non-availability. |
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Print
media should exploit content across all platforms |
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Print media companies would
need to exploit their content across all the platforms including
Internet and television, even as their share in advertising
revenue is dropping. |
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Govt
not to bring Kalyan, Virar under MTNL ambit |
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The government seems
to have decided against bringing the telecom districts of Virar
and Kalyan, currently under the Maharashtra telecom district
of Bharat Sanchar Nigam Ltd, under Mahanagar Telephone Nigam
Ltd. |
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‘S&P
sovereign downgrade will affect India’s image’ |
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Former Finance Ministers,
Mr P Chidambaram and Dr Manmohan Singh have warned that Standard
& Poor’s downgrade of India will have an adverse bearing
on India’s image as an investment destination. |
