The Hindu Business Line : Saturday, August 10, 2002

Fiscal package for States by Sept
THE high-powered Committee on State Finances, chaired by the Finance Minister, Mr Jaswant Singh, has decided to resolve the issue of reducing the debt burden of States and work out a viable solution for a debt swap mechanism by September this ... More

Banks rescheduling farm loans
BANKS have begun work on restructuring and rescheduling agricultural advances in regions affected by the current drought. This is in line with Reserve Bank of India's (RBI) directives. Banking sources said here that this move would now mean ... More

Apollo Tyres to use Modi factory for contract production — Precursor to takeover?
APOLLO Tyres Ltd (ATL) on Friday said that the company would contract production of tyres at the manufacturing facility of Modi Rubber Ltd (MRL). It said that an agreement to this effect had been reached between the two companies. This move of ... More

IPCL, panchayat lock horns over Rs 17-cr tax dues
EVEN as the Vadodara Taluka Panchayat has slapped a notice on Indian Petrochemicals Corporation Ltd (IPCL) for the recovery of tax dues to the tune of Rs 17 crore, the company has said the matter is sub judice and, therefore, it cannot discuss ... More

ISRO tackles attrition with post-graduates
IT'S a study of contrasts. When IT companies were faced with an attrition rate that they could no longer be smiling about, they made their carrots bigger and juicier. What could a Government-owned space research organisation do when its plum ... More

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