Friday, November 20, 1998
Ministry sets HR coil import floor price at Rs 14,300 a tonne
The commerce ministry announced a floor price of Rs 14,300 per tonne for hot rolled coil imports on Wednesday night. The commerce ministry's recommendation has now been forwarded to the ministry of finance.
CBI searches Reliance Ind premises in Mumbai, Delhi
The CBI on Thursday conducted simultaneous searches at various premises of Reliance Industries Ltd (RIL) in Mumbai and Delhi in connection with the case under the Official Secrets Act against the group's Delhi president V Balasubramaniam.
Equipment firms seek hike in price preference limit for private power plans
Leading domestic equipment manufacturers including Bharat Heavy Electricals Ltd (Bhel) have asked the government to extend the 15% price preference to cover private sector power projects as well. The recently announced mega power project policy gives this benefit only to projects under the public sector.
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