The Hindu Business Line : Thursday, February 20, 2003

`Incremental' gas sold to power plants — GAIL to charge market rates in AP
CONSUMERS in Andhra Pradesh will soon begin to pay higher power bills. This will collectively cost the consumer over Rs 150 crore per annum. The Government, in a decision early this week, has allowed gas marketer, GAIL India Ltd, to charge market ... More

Govt acts tough on water pesticide issue
EVEN as the Union Health Ministry finalises the revised parameters for the packaged water industry, the Union Consumer Affairs Ministry has sprung a surprise. According to Consumer Affairs Ministry representatives, the Government has either ... More

HPCL, BPCL disinvestment — Shourie allays fears of private monopoly
THE Union Disinvestment Minister, Mr Arun Shourie, has stated that Parliamentary sanction was not required for disinvesting Government stakes in HPCL and BPCL as these two companies were governed by the Companies Act. In the case of Coal India ... More

Cabinet clears tobacco, electricity Bills
THE Union Cabinet today approved the amended Cigarettes and other Tobacco Product (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Bill. The Bill was approved after incorporating the ... More

Deposit insurance corpn plan still alive
THE proposal for setting up a bank deposit insurance corporation (BDIC) to protect depositors' interests is still on. Nearly a year after it was announced by the then Finance Minister, Mr Yashwant Sinha, in his 2002-03 Budget, the Ministry of ... More

Lockheed Martin talk pushes up M&M
THE Mahindra & Mahindra (M&M) stock today surged in volumes with a decent gain of around 3 per cent on the back of news that the company has entered into an agreement with Lockheed Martin Information Systems of the UK to jointly develop ... More

Airlines staff drop stir plan
The proposed one-day strike by the airline employees tomorrow, which could have thrown air services out of gear has now been called off. This follows an assurance from the Minister for Finance and Company Affairs that matters relating to ... More

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