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Hindujas
interested in buying Enron stake in Dabhol Power
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Close on the heels of Tata
Power, Hindujas group on Tuesday evinced interest in buying
us energy major Enron’s stake in the $ 2.9 billion controversial
Dabhol Power Project. |
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IFB
to focus on core business |
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IFB Industries Ltd, the automotive
parts and white goods maker, has decided to concentrate on its
core business of engineering, now that it has got rid off all
unrelated businesses into which it had diversified over the
last two decades, according to chairman Bijon Nag. |
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Tinplate
in talks with FIs for cut in interest rates |
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Tinplate Co of India Ltd expects
to save around 20 per cent on interest outgo, once the financial
institutions agree to bring down the interest rates on term
loans they released to the company. |
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Auditor
qualifies IFB accounts |
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IFB Industries’ outgoing auditor,
Bhadra & Bhadra, does not know where the company is going.
The statutory auditor has noted that while the accounts for
the year to March 31, 2001, have been prepared on the basis
of a “going concern”, it cannot say whether the company will
continue to be so. |
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