Thursday, September 2, 1999
Reliance Power to sew up funds for Patalganga project within a month
Reliance Power will achieve financial closure for its 447mw Patalganga power project in a month. According to Asoke Basak, chairman of the Maharashtra State Electricity Board (MSEB), the issue of payment guarantee for purchase of power, which was the main obstacle in tying up funding for the project, has been resolved.
McKinsey, Booz Allen proposals help Tisco scale down cost of production
Tata Steel, as part of an effort to benchmark itself among low-cost producers internationally, is aiming for a sharp reduction in its cost of production from around $220 a tonne to $170 per tonne by the end of the current fiscal.
Pfizer, Novartis, Sun Pharma to gain from drug price revisions
The 19.56% increase in the prices of bulk oxytetracycline HCL is expected to transalate into significant gains for the Mumbai-based Pfizer, manufacturer of the Terramycin brand.
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