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Sunday, July 10, 2005

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GoM clears proposal to restart Dabhol &151 Note for Cabinet approval soon
AN empowered Group of Ministers looking into the restart of the $2.9-billion Dabhol power project on Saturday cleared a Cabinet note entailing the settlement package, including payments to be made to the majority equity holders, GE and Bechtel, ... More

Left to meet Sonia to end impasse on BHEL disinvestment
Says no change in stand

WHILE maintaining that they would not dilute their stand on the proposed 10 per cent disinvestments of BHEL stake, the Left parties today indicated that there could be a way out of the current impasse after their meeting with the UPA Chairperson, ... More

`Synergy in energy' panel may offer 2-3 options for oil PSUs' merger
THE Krishnamurthy Committee on synergy in energy, which is expected to submit its report on Monday to the Petroleum Minister, Mr Mani Shankar Aiyar, is likely to propose two or three options for the merger of oil public sector undertakings, ... More

VAT States post 15-pc growth in revenues in June: Asim Dasgupta
MOST States have recorded robust growth in tax revenues during April-June this year - the first quarter after the State-level value-added tax was introduced. "This trend has been witnessed in almost all the VAT implemented States, except a ... More

2,154 mt of coal reserves found in '04
EXPLORATION carried out by the Geological Survey of India, the Coal Mining Planning and Development Institute (CMPDI) and other agencies have discovered an additional reserve of 2,154 million tonnes of various grades of coal during 2004. With ... More

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