The Financial Express -- News

Wednesday, July 9 1997

Rs 32,000-cr fast track projects moving at snail's pace

Even after securing techno-economic clearances from the Central Electricity Authority, the fate of as many as 13 fast track projects in the power sector, with investments of Rs 32,000 crore, is still hanging fire.

Infrastructure Bond Issue

NBFCs rush for registration on last day

There was a virtual scramble outside the Reserve Bank of India office by executives representing non-banking finance companies making all out efforts to register on the ulitmate day, Tuesday, set by the central bank.

Power Finance not to fund Jindal Tractabel Karnataka project

Power Finance Corporation has decided against funding the Rs 240-crore rupee loan requirement of Jindal Tractabel Power Company for its Rs 1,200-crore power project in Karnataka.

Hindustan Motors to raise Rs 500 cr via loans

UTI India Debt Fund evokes poor response, mops up only $33m