Centre refers seven more units to disinvestment commission
The Centre has referred seven more public-sector undertakings (PSUs), including the National Mineral Development Corporation and Paradip Phosphates, to the disinvestment commission.

Steel majors hike HR coil price by Rs 600 per tonne
Major domestic steel producers have increased the prices of hot rolled coils and sheets by Rs 500 to Rs 600 per tonne soon after the union commerce ministry announced the hike in floor price of imported HR coils and sheets last week.

Court rejects MSEB plea in fraud case
The Mumbai high court on Monday turned down the Maharashtra State Electricity Board (MSEB) plea to dismiss a petition alleging fraud of Rs 187 crore in awarding contract to the Power Plant Performance Improvement Ltd for retrofitting of its 15 turbines and other machinery.

  Forest damage seen causing second Asian crisis
  US 1999 Q1 jobs outlook strong
  Lafontaine unrepentant on growth at EU meeting
  Singapore, Malaysia work on water-for-funds deal
  Oil crisis rocks Gulf economies, moots reform
  "Globalisation may displace agro workers"
  Fertiliser ministry voices concern over cost escalation of plans
  Power producers peeved over duty sops for mega projects
  TRAI to unveil tariff policy by January
  Centre borrowing will surpass target by Rs 10,000 crore
  Bankers meet on textile sector financing today
  Executive Briefing
  ED may be roped in to probe Romesh Sharma-corporates nexus
  Court upholds tribunal ruling in Grofed case
  Cabinet clears 40% foreign holding in insurance plans, to alter Patents Act
  Standards bureau adds 8 products to its quiver
  India Economic Summit from Nov 29
  Shipping industry says high taxation hurting domestic companies
  "Collective action needed to dispel locust menace"
  Slack trade volume spells poor business for port managers
  India's share of world agro trade dismal