The Hindu Business Line : Thursday, May 09, 2002

Industry sees recovery in 6 months: Survey
EVEN in the face of uncertainty after the Gujarat crisis, Indian industry is looking forward to economic rejuvenation over the next six months. This is reflected in the Federation of Indian Chambers of Commerce & Industry (FICCI) business ... More

Cheap rates come calling on Net -- US, Europe turn economical destinations
WITH Internet telephony now legal in the country, a host of Internet service providers (ISPs) are ready with their offers of much cheaper connectivity to anywhere around the world. However, in the process, they have also turned the existing ... More

Top 15 account for Rs 53,760 cr -- Investments in 62 projects shelved
TOP corporate houses in the country as well as public sector undertakings and multinationals have either shelved or postponed a total of 62 projects involving a combined investment of Rs 77,682.33 crore during financial year 2001-02, according to ... More

Finance Ministry to go slow on gasohol plan
THE domestic sugar industry has received a setback with the Finance Ministry deciding to go slow on issuing the crucial notification, giving effect to the Budget proposal to allow a 75 paise per litre surcharge concession on ethanol-doped ... More

Naik allays fears of hike on global oil trends
THE Union Minister of Petroleum, Mr Ram Naik, today ruled out any immediate hike in the retail prices of petrol and diesel even as international crude futures shot up beyond $27 per barrel. "There will be no immediate change in retail prices,'' ... More

Rs 100 cr sunk for seamen in gilts scam
ABOUT Rs 100 crore of seamen's provident fund has become the latest casualty of the gilts scam. The provident funds of seamen are covered by the Seamen's Provident Fund Commission Act, 1966. Out of a corpus of around Rs 400 crore, about Rs 300 ... More

It's a different ball game for Mallya
THE United Breweries supremo, Mr Vijay Mallya, may have scored a victory by getting elected to the Rajya Sabha, a new turf that will allow him to vent his feelings on national affairs. But his experience elsewhere has been a bit different. In ... More

CCD to meet on May 14 to decide on Maruti rights
THE first big-ticket divestment deal for the fiscal is round the corner with the Cabinet Committee on Disinvestment (CCD) slated on meet on May 14 to consider the plan for finalisation of the Rs 400-crore rights issue in Maruti Udyog Ltd (MUL) ... More

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