Adopt pragmatic steps to solve Dabhol crisis, says Pawar
Nationalist Congress Party (NCP) president Sharad Pawar on Friday said the ongoing Dabhol power crisis could be solved through negotiations. The former Maharashtra CM also urged the state government to adopt a pragmatic approach to sort out the issue.

Madhavpura chairman remanded till April 9
THOUGH it was a bank holiday on account of Mahavir Jayanti on Friday, the investigating agency in the Rs 137-crore pay-order scam, the Central Bureau of Investigation (CBI), and the Income-Tax (IT) department were working in full swing.

ONGC set to record Rs 4,900-cr net profit
THE Oil and Natural Gas Corporation (ONGC)’s net profit is set to touch Rs 4,900 crore during 2000-01. While speaking to reporters at a seminar on Friday, ONGC chairman and managing director BC Bora said this would make the Corporation, the country’s highest profit earning organisation.

Clinton offers US expertise for Gujarat disaster management
FORMER US president Bill Clinton on Friday said the relief and rehabilitation schemes undertaken in the earthquake affected Gujarat were in the right direction. Mr Clinton has also offered expertise available in the US for the quake-hit state to mitigate the crisis.

More lawyers may be allowed to practice as partners in law firms
THE government is considering an amendment in the Companies Act to increase the number of lawyers permitted to practice as partners in law firms. Top level sources in the department of company affairs (DCA) said the government would either increase the existing limit of 20 partners in a law firm or completely remove this ceiling.

Budget outlay for tourism increased by 11 per cent
THE government has increased the budget outlay for tourism sector by over 11 per cent in the current fiscal. "The tourism department has been allocated Rs 150 crore for year 2001-02, Rs 15 crore more than last years’ outlay for the sector," tourism secretary MP Bezbaruah told The Financial Express.