The Maharashtra government
has called upon the Centre to intervene for the revision of
coal royalty by the state-run Coal India Ltd (CIL) as it has
so far lost a revenue of nearly Rs 1,000 crore till now. The
coal royalty has not been revised since October 1994.
The board meeting convened
by Modi Rubber Ltd (MRL) chairman Panduranga Rao on Tuesday
has been deferred. The board meeting had to discuss “several
important issues”, including the audit investigation report.
The Association of Mutual Fund
of India (Amfi) in collaboration with Unit Trust of India -
Institute of Capital Market (UTIICM) has released the Mutual
Fund Year Book - 2000 on Tuesday. The year book was released
by Sebi chairman DR Mehta.