The Hindu Business Line : Monday, February 04, 2002

Railway finances: Where does the buck stop?
UNDOUBTEDLY, Mr Rakesh Mohan had the best of intentions when he went about drafting the report on Policy Imperatives for Reinvention and Growth of Indian Railways. He has attributed the decade-long decline to "an unstable political system, ... More

Film Finances' joint venture plan spiked
THE Government has shot down the proposal of Film Finances Inc, one of the largest issuers of film completion bonds, on the ground that the company has not been able to meet the minimum capital requirement norms. In the case of proposals ... More

Terminal handling charges -- An issue adrift
AT A recent SCOPE-Shipping (Standing Committee on Promotion of Exports by Sea) in Kolkata, representatives of the shippers' associations were a dejected lot. Understandably so. The Additional Commerce Secretary, who presided over the meeting, ... More

STATES

KPTCL unable to make full payment to IPPs
FACED with a severe cash flow situation, the State-owned utility the Karnataka Power Transmission Ltd (KPTCL) has deferred payment of fixed charges to some of the independent power producers (IPP) in the State. Sources said here that along with ... More

TAXATION

PSU loan pre-payments come as boon to Govt
STATE-OWNED companies are lending a helping hand to the Centre to narrow its massive revenue shortfall. After contributing substantially in the form of higher dividends, following the lead given by the Reserve Bank of India (RBI) and Videsh ... More

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Sorry state

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PSU loan pre-payments come as boon to Govt

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