Wednesday, June 23, 1999
MSEB arrears spiral up to Rs 3,000 cr
Unpaid electricity charges to the Maharashtra State Electricity Board (MSEB) have spiralled up to Rs 3000 crore, according to MSEB chairman Asoke Basak.
Ministry firm on Petronet stake for NTPC
Power minister P Kumaramangalam has asserted that state-owned National Thermal Power Corporation (NTPC) would be picking up 16.63 percent stake in Petronet LNG amidst reported opposition from finance ministry.
Marico buys 2 brands for Rs 30 cr
Marico Industries has decided to acquire two popular brands, Parachute and Saffola, from its parent company Bombay Oil Industries (BOIL) at a consideration of Rs 30 crore.
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