Multilateral Investment Guarantee
Agency — a World Bank affiliate — is negotiating a co-insurance
facility with state-owned Export Credit Guarantee Corporation
Ltd to provide political risk cover to India’s trade and investment
abroad.
The Dabhol Power Company, in
a bid to further tighten its noose, has served one more arbitration
notice on the Maharashtra government for the non-payment of
bills of power purchase bills from April to July 2001 period
worth Rs 652 crore.
Government said on
Tuesday that it would invite financial bids for privatising
Hindustan Zinc Ltd, ITDC and Hotel Corporation of India before
the winter session of Parliament beginning on November 19.
