
Saturday, January 2, 1999
Government indecision delays sale of Hindustan Fertiliser's Haldia plant
Union government's indecision and the employees' demand for a lucrative voluntary retirement scheme have delayed the privatisation of the Haldia unit of the ailing central public sector company, Hindustan Fertiliser Corporation (HFC).
Unit closure violates court order, says BOC union
BOC India's decision to close down its Ghatkopar unit has been described by its employees as mala fide and circumvention of provisions of law. The employees Union is scheduled to present their case before the state government on January 4.
KSEB takes Rs 567-crore hit on subsidised power
The Kerala State Electricity Board (KSEB) is suffering an annual loss to the tune of Rs 567 crore on account of subsidised power to agriculture and domestic consumers.
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