Financial Express - India's leading business newspaper from the Indian Express Group

State to review Dabhol power project phase-II

Bowing to burgeoning pressure from its allies, the DF government in Maharashtra, in principle, has agreed to review the second phase of the 2,184-mw Dabhol power project and its sale of power to the loss-making MSEB.

PM outlines nine initiatives to make globalisation acceptable

Prime Minister Atal Behari Vajpayee on Sunday outlined nine obligations of industry and nine initiatives of his government to make globalisation acceptable and beneficial for all sections of the society.

Sinha allays investors' fearson red-tapism

Finance Minister Yashwant Sinha has asked the foreign investors not be scared of Indian bureaucracy and promised that he would attend to their problems "as a doctor attends an emergency."

NTPC to go in for organisational restructuring

The State-run NTPC, in a serious bid to become a global giant with an installed capacity of 50,000 mw, proposes to undertake organisational restructuring through large-scale decentralisation.

Debt clearing corporation may take shape soon, talks on with NSCCL

The proposed new clearing corporation, being set up by the SBI with the IDBI and other financial institutions and banks for the debt and foreign exchange markets, is understood to be talking to the NSCCL.