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Sunday, February 14, 1999

And now, Rs 300 cr refund for Essar Steel
While the controversy over the Finance Ministry's bailout plan for Essar Steel is barely over, the ministry finds itself in the thick of another one, this time involving a proposal to refund Rs 300 crore of import duty paid by the group in the early '90s.

Power at half rate for Maharashtra farmers
The ruling BJP and Shiv Sena have finally resolved their differences over the increase in the procurement price for cotton through the Cotton Monopoly Purchase Federation as well as the supply of electricity to farmers.

NTPC may replace twooil PSUs in Petronet
Two oil PSUs may need to step down from the equity structure of Petronet LNG to accommodate the National Thermal Power Corporation (NTPC) as partner.


Inspirations furnishing fabrics

Central Electronics Limited

MSTC wishes you a Happy New Year


  Two-wheeler output declines 5.8 pc
  AI buys 20% stake in CIAAL
  FIPB clears GM, Lafarge plans
  Nasscom to set up internet centre in Delhi
  Carry-forward rates decline
  No more sensible PSU disinvestment
  Manmohan for hiking annual savings rate
  40 cos booked for PF default
  Panel for deficit free financing
  Bizbits
  Rane to reduce non-plan budget to meet deficits
  Bizbits
  Banks rue fall in interest spreads
  Rubber prices slump to 6-yr low
  Sebi working committee reviews demat trading
  Japan banks to write off $ 79 bn in bad loans
  Tata group not to pull out from Gopalpur project
  US firm to distribute free PCs
  Citigroup's switch may signal shake-out in credit card industry
  Piaggio may sell LML stake

MTNL requires consultants/vendors



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