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Friday, August 6, 1999

Maharashtra sets up electricity regulatory commission
The government of Maharashtra, after a long one year wait, finally set up the State Electricity Regulatory Commission (SERC) on Thursday. The three-member commission comprises P Subramanyam as chairman, Venkat Chary and Jayant Deo as members.

Cable modem industry on a high growth path
A major chunk of the business is in the hands of just two players -- Excite@home and Roadrunner, which have an estimated 6,20,000 customers and 340,000 respectively.

Andhra's Rs 56 cr loan to help handloom weavers
The Andhra Pradesh government is implementing a Rs 56 crore package for the comprehensive development of the handloom sector to enable the weavers to overcome difficulties confronted during pre, on and post loom operations.


Corporate Results


  MMTC to import palm oil products under tripartite agreement
  US Congress approves bid to boost steel, energy companies
  Bangladesh shrimp exporters face rough weather
  Milk crisis likely to cast shadow on UP elections
  `Gold prices reflect US support uncertainty'
  Health fears stall French wine sale in China
  US Treasury may repurchase bonds for first time in over a century
  EC says genetically modified rice will help poor nations
  Cement dispatches surge 18% in July
  Fire insurance premium may dip by year-end
  Sonia dares Pawar on home turf
  India baiters demand political prisoners release
  Marxists seeking to make West Bengal punctual
  Hotel stocks face wrath of bears on poor Q1 results
  Surge in industrial production perks up machine tools industry
  Nasscom's anti-piracy campaign pays off
  Small ISPs to initiate services via cable
  Briefing
  Chambers call for long-term economic policies
  EC rejects NCP plea on allotment of `Charkha'
  Lack of unanimity delays finalisation of Congress list
  Briefing
  Marketplace Briefing
  Executive Briefing
  Scope and nature of presumption of consideration
  Newsmaker
  Check on revenue deficit must for prudent fiscal management



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