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Sunday, September 08, 2002

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CCD pours cold water over oil cos' sell-off — Bar on PSU, Govt co-op bids
IN what is seen as a victory for those constituents opposing disinvestment of PSUs, the Government today deferred by three months a decision to privatise oil refining companies HPCL and BPCL and minority stake sales in IOC, ONGC, NTPC and ... More

States agree to new debt-swap package
STATES today initiated the first step for retiring high-cost debt contracted in the past by agreeing to implement a diluted version of the Rs 1,00,000-crore debt-swap package originally proposed by the Centre. The decision to swap high-cost ... More

Naphtha pipeline ticking away at Dabhol
WHILE the IDBI-led lenders to the Dabhol Power Company (DPC) and the Maharashtra Government wrangle over restarting the 658-MW Phase I of the station, an eight-km-long, under-sea pipeline full of naphtha is lying unattended at the project site ... More

Forex reserves rise $480 m
THE country's forex reserves rose by $ 480 million to touch $ 61.515 billion for the week ended August 30, 2002, from $ 61.035 billion in the previous week, as per the RBI statistics. According to dealers, the rise in forex reserves is due to ... More

Try Amul's new ice-cream and — be relieved!
AFTER Dabur, Morepen and Zydus Cadila, it is the turn of the Gujarat Cooperative Milk Marketing Federation (GCMMF or Amul) to make a foray into the estimated Rs 100-crore domestic laxative market. The Rs 2,400-crore dairy cooperative plans to ... More


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