Monday, October 19, 1998
Government dilly-dally on environment clearance holds up Bina refinery plan
The fate of the six-million-tonne Bina refinery hangs in balance, with the final hurdle of environment clearance pending with the centre. The delay has caused significant cost over-runs estimated to be in the region of hundreds of crores of rupees.
Indian Airline officials split on revival strategy
A section of the top brass in Indian Airlines has maintained that a voluntary-retirement scheme (VRS) will not help the airline and the focus should, instead, be on expansion and optimum fleet utilisation. This proposal came up at the airline's review meeting last week.
Maruti to boost marketing arsenal to take on entrants
Maruti Udyog reportedly has no plans to introduce new models in the near future and will bank on its marketing strength to fight the fierce competition in the small-car segment.
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