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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.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  BMW lives up to image, unveils luxury sedan
  Apple may spring surprises at MacWorld show
  Lever's clocks 45% rise in Mumbai personal-care market
  NHB tightens housing finance companies deposit-acceptance norms on RBI lines
  State Bank offers kisan credit card in West Bengal
  Centre hikes Hudco stake in additional housing programme to Rs 900 crore
  Mehtas transfer pretext cuts no ice with Gujarat Sidhee
  Walden-Nikko picks up 5% stake in Ciba-CKD
  Corporate Briefing
  Court squashes Connecticut software firm's injunction agains
  Ministerial consultations on SAIL financial-recast proposal
  Aluminium firms pin their hopes on global output cut


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