Thursday, January 7, 1999
IMF, World Bank may sever credit line to Maharashtra infrastructure projects
The World Bank, International Financial Corporation (IFC) and the International Monetary Fund (IMF) have communicated to industry stalwarts from Maharashtra that they will not extend funds to any infrastructure project in the state.
Sengupta panel weighs move to sell Centre stake in MRL, CRL, IBP to BPCL
The Nitish Sengupta Committee, set up by the petroleum ministry, is evaluating a plan that would involve sale of the Centre's holding in MRL, CRL and IBP to Bharat Petroleum Corporation (BPCL).
Task force moots stamp-duty waiver on firms' recast plans
The task force on administrative and legal simplifications, constituted by the prime minister's office, has recommended that restructuring of business should be exempt from stamp duty.
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