Kelkar takes lead to push core projects
In a bid to step up investment activity in the forthcoming busy season, the finance ministry has began the exercise of reviewing the progress of ongoing infrastructure projects both in the public and private sector. The exercise has been initiated by new finance secretary Vijay Kelkar.

Falling I-T gross spurs stricter collection norms
Concerned by the fall in collection during 1997-98, the Income Tax (I-T) department is in the process of setting up squads of tax recovery officers in an effort to bring `recalcitrant' tax payees to book. These recovery officers will be armed with wide ranging powers of arrest, seizure, attachment or even sale of property.

Four arrangers bid for MSEB's Rs 1200-crore power plant
The race is on between the IDBI, IL&FS, Kotak Mahindra and ICICI to arrange lease finance for MSEB's 420 MW Kaperkheda power plant. The four companies have already submitted their bid proposals and MSEB is expected to finalise the name shortly.

  Asia utilities hope millennium bug won't bite
  Russia crisis wreaks havoc across Latin America
  Canada energy sector sets first-half merger record
  US looks after world stability, says Fed New York chief
  Canadian fishing norms spark protest
  It's time we moved towards simpler, restructured tax statutes
  Nabard's farm credit card scheme to expedite funds disbursal
  Banks urged to hasten of Asia's recovery
  Hegde vows to look into Cogentric project's delays
  Move to shift patent office HQ to Delhi opposed
  Malaysia hopes recession will end in 1999
  Ministries spar on Indian Airlines recast
  Income-tax cell plans squads to book tax offenders
  Prime Minister sets up twin advisory panels to snap economy out of stupor
  North Block sheds sense of uncertainty, wears a confident look
  "Centre will not attack terrorist camps in J&K"
  550 firms to participate in Baroda industrial exhibition
  Executive Briefing
  Flip side of Patel's commemorative coins
  Colombia uncertain about LIFFE arabica futures contract benefits
  "Level playing-field creation to precede insurance open-up"
  Russian economic woes rock global markets
  India outperforms Asia Pacific region
  Asia sinks deeper into recession
  Dispute may unify coffee growing nations
  Alliance MF mops up Rs 14 cr
  Private Internet firms seek say in policy formation
  `Laws needed for IPR on Internet'