Institutions free to decide on stake sale, says Sinha Finance minister Yashwant Sinha on Friday declined to take sides in the controversy over the decision of the financial institutions to sell their stakes in private sector companies. Sinha sets out on roadshows to change anti-reformists Union finance minister Yashwant Sinha will visit every corner of the country in a bid to change the mindset of political parties, trade unions and the people so that the second-generation economic reforms succeed. Orissa power sector loses Rs 600 cr to super cyclone Orissa's power sector received a serious setback as the two consecutive cyclones in October caused widespread damages to the electrical networks. Executive Briefing Alliance to unveil sector-specific funds Government counters US and EU tirade Group of ministers on hydrocarbons reconstituted European Central Bank raises interest rates by a half point Experts urge Bank of Japan to ease its zero-interest approach Fed's Poole says monetary policy is `about right' TFCI inks new strategy to secure risk-free business Dairy units seek 50% import duty on skimmedmilk powder US proposes to expand WTO ministerial meet agenda NTPC secures Rs 750 cr loan from SBI CPT, Southern LPG sign pact for complex at Roychawk CII lauds Cabinet nod for IT bill West Bengal seeks McKinsey help on single-window plan We want to create a win-win business situation -- Singapore DoT, Carnegie Mellon to pick stake in data-network project Hostile bid's ripples may reach local shores US wages data help dollar rally Introduce cash-reserve ratio on non-resident deposits -- Tarapore Briefing Relationship banking set to be beefed up Insurance foray with foreign partner planned
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