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Land
laws impede formulation of SEZ Act |
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The existing land acquisition
laws, the Electricity Supply Act and the Indian Electricity
Act as well as a slew of revenue laws are proving to be major
stumbling blocks in the path of formulation of a comprehensive
Special Economic Zone Act which would provide a competitive
edge to these zones similar to that being enjoyed by Chinese
SEZs. |
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Alliance
Cap MF hit by Rs 346-cr H1 loss |
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Alliance Capital Mutual Fund
has suffered a staggering loss of almost Rs 346 crore on investments
during the first-half period ended September 30, 2001. |
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Swiss
firm BTS-IA launches Indian operations |
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The Switzerland-based
investment advisory firm, BTS Investment Advisors Ltd which
has taken over the mandate to manage the Swiss Technology Venture
Capital Fund (Private) Ltd has launched its Indian operations
on Wednesday. |
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State
adjusts MSEB arrears against subsidy payment |
| |
The Maharashtra government,
which is reeling under acute financial crunch, in a bid to honour
the MERC's order, has adjusted the MSEB arrears of Rs 600 crore
against the payment of subsidy of equivalent amount for 2000-01.
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