The Hindu Business Line : Wednesday, September 10, 2003

GE, Bechtel awarded $28.57 m each
Dabhol: Panel ruling may trigger US Govt claim against India
AN independent arbitration panel has determined that the Indian Government and its agents violated international law through an unlawful taking of GE and Bechtel's investments in Dabhol Power Company, while ordering an award of $28.57 million ... More

Jaitley seeks support at Cancun for reduction in farm subsidies
AS the fifth ministerial of the World Trade Organisation (WTO) is all set to take off on Wednesday, India made a last-ditch effort to rope in like-minded countries to its demand for substantial and drastic reduction in the farm subsidies, ... More

Interest on tax refunds cut to 6 pc
CORPORATES and high net worth individuals may no longer find it attractive to park their surplus funds with the taxman, with the Finance Ministry slashing the interest rate on refunds to 6 per cent per annum from the existing 8 per cent. In ... More

Infy bags $50-m order from Telstra
INFOSYS Technologies Ltd has bagged a $50-million (A$75-million) order from Australian telecom group, Telstra Corp. Sources at Infosys said that the order, to be executed over five years, entails development of IT applications and providing ... More

Urban auto dealers pack up, rural dealerships pick up
While the volumes have decreased, the competition has only increased further, not only from rival car companies but also from the same company. More

Warm welcome
The Prime Minister, Mr Atal Bihari Vajpayee, with his Israeli counterpart, Mr Ariel Sharon, during a ceremonial welcome at the Rashtrapati Bhavan. Mr Sharon kicked off his visit to India, the first by an Israeli leader, in the Capital on Tuesday. ... More

Indo-Israeli panel on farm sector likely
The exchange of experts between the two countries has been proceeding on a large scale, an exercise that has been beneficial for both the parties. More

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