Friday, July 2, 1999
Sharp hike in pension for defence staff
Six months after it was first done for all civilian government employees, the Ministry of Defence has finally notified a hike in pensions for ex-servicemen who retired before 1-1-96.
Essar FRN issue - Nefarious bailout, says Amar Singh;nefarious moves, says Ruia
The continuing saga of the Government trying to get the FIs to take over the Essar Group's $ 250 mn loan before it defaults on it later this month, has turned into a virtual ding-dong battle with the group now beginning to take its detractors head on.
Indal sells 30% Courtaulds stake
Indian Aluminium Co has sold its 30% stake in Courtaulds Packaging to the UK-based Betts Group, the world's second largest producer of laminated tubes. Indal would, however, continue to supply webstock to the company.
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