Monday, January 4, 1999
MSEB plans Rs 350cr bond issue in March to beef up distribution
The cash-strapped Maharashtra State Electricity Board (MSEB) will float a bond issue of Rs 350 crore in March for the proposed strengthening of its distribution system in 15 districts, including Thane, Raigad and Pune.
SEA opposes centre's move to cut basic duty on palmolein imports
The Solvent Extractor's Association (SEA) has strongly opposed the food ministry's move to cut down the basic duty of five per cent on the extra one-lakh tonne consignment of palmolein to be imported for sale under the Public Distribution System (PDS).
Global, domestic commodity prices to stay low in '99
The Asian currency crisis had a major impact coupled with the weak demand and an increase in production of certain commodities had a telling effect on global commodity prices during 1998.
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