The Hindu Business Line : Saturday, January 12, 2002

Bengal mulls `mega project' status for info-tech sector
The State Government is also considering plans for a special incentive scheme for the telecom sector with a view to transforming Kolkata into the "telecom hub of India'' More

Kerala moves on Govt staff draw flak
THE financial crackdown on babudom by the cash-strapped Kerala Government has invited rebuke from financial experts. "While there is no one doubting the Chief Minister, Mr A.K. Antony's intentions, one is constrained to observe that the way ... More

Karnataka sets terms for renewal of Kudremukh lease
THE Karnataka Government is not averse to the Centre's proposal to renew the mining lease of Kudremukh Iron Ore Company Ltd (KIOCL) for another 20 years provided mining is restricted to the present broken area, according to the State Minister for ... More

AP set to become self-sufficient in power by June
ANDHRA Pradesh is poised to become self-sufficient in power by June this year with the commissioning of 2 x 500 MW Simhadri power project of the National Thermal Power Corporation and the gas-based 220-MW BSES Andhra Power project. In view of ... More

Gujarat disburses Rs 94 crore to quake-hit units
THE Gujarat Government has claimed to have disbursed Rs 93.62 crore till date as assistance to industrial units in Kutch destroyed in the earthquake last year. This is against the total damage of Rs 885 crore suffered by the industries in Kutch, ... More

Speed up power reforms, PM tells States
THE Prime Minister, Mr Atal Bihari Vajpayee, on Friday criticised the States for not undertaking power sector reforms at a satisfactory pace. Inaugurating PowerGrid Corporation of India Ltd's (PGCIL) Unified Load Despatch Centre (ULDC) for the ... More

TAXATION

90% excise duty on petrol, 24% on diesel -- Prices for consumers cut marginally
THE Government on Friday announced a cut in petrol price by up to Rs 1.39 a litre and diesel by up to eight paise a litre, even as it hiked excise duty on these two products. The new rates of excise would be effective from midnight January ... More

PEOPLE

New officials for RailTel
THE Government has made several senior-level appointments, including some in RailTel Corporation of India Ltd. Mr Pradeep Kumar, an officer of the Indian Railway Service of Signal Engineers, (1981 batch) has joined as General Manager, New ... More

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Mobile subscribers touch 5.48 m

After Bt cotton, it's GM mustard -- Proagro begins large-scale trials of hybrid variety

Industrial growth slumps to 0.9 per cent in Nov

90% excise duty on petrol, 24% on diesel -- Prices for consumers cut marginally

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Dec. 30-Jan. 5
Spices exports drop by Rs 172 cr

Multilateral agencies to be roped in -- Asset reconstruction co equity to private sector

$10-m norm for FDI in realty

Quantitative cap goes on cotton yarn export

Defence production thrown open to private sector, FDI