Cabinet clears telecom bailout plan, Fema
The union cabinet on Thursday approved the migration package for private telecom companies as well as a spate of important bills including the Money Laundering and Foreign Exchange Management Act (Fema)

Labour ministry asks ONGC to comply with statutory pension scheme
The Union labour ministry has asked Oil & Natural Gas Corp Ltd to comply with the statutory Employees Pension Scheme 1995, and drop its home-grown alternative. The petroleum & natural gas has been asked to ensure its compliance.

Ministry drafts pension-cum-annuity scheme for displaced NTC workers
The textiles ministry is considering a pension-cum-annuity scheme for 80,000 to 1,00,000 workers proposed to be displaced under the revival package drawn up by it for the National Textile Corporation (NTC) mills.


  Executive Briefing
  Centre may scrap dividend-balancing norm
  Choosing between inflation and interest rate targeting
  Railways to source all requirements from SAIL
  Movement of goods affected as transporters stay off the roads
  Strike takes its toll on cement despatches
  Minister reviews foodgrain stock position in states
  Diesel price hike may hit truck finance cos -- Crisil
  Briefing
  Logistics'99 to focus on supply chain, logistic managment in key sectors
  TUs oppose govt move to close PSUs in core sector
  Centre privately places 11-yr, Rs 3,500 cr paper
  Briefing
  WTO -- Dismantling public services
  Seed sector needs basic research
  Corporate governance -- Promoting initiative
  Hollow cheers
  Fair disclosure
  Prism Cement pins hopes on higher net cement realisation
  Finance companies bounces back, ride high on revival
  Chase, Republic New York Corp profits jump in Q3
  Electronic dealing system likely to help RBI monitor trading in government paper