Reliance ECB plan referred to panel
THE proposal of Reliance Industries Ltd (RIL) to the Finance Ministry to raise $500 million through external commercial borrowings (ECBs) has not been cleared by the high-level committee on capital markets (HLC).

Port strike worries Ford, Hyundai
BOTH Ford India Ltd and Hyundai Motor India Ltd, with plants near Chennai, are worried as the strike in the container terminal of the Chennai port continues.

MSEB to pay Dabhol bill `under protest'
THE Maharashtra State Electricity Board will pay Dabhol Power Company's April bill on May 25 ``under protest''. ``We will pay DPC Rs 137 crore under protest unless Enron takes any step to jeopardise the situation,'' a senior MSEB official said.

Back to basics at Infosys
AT Infosys, the mantle of the leader is being passed around. No, Mr Narayana Murthy is not stepping down, it's just that he's part of a motley group of 150 Infoscians getting trained at the Infosys Leadership Institute.

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