
Monday, June 14, 1999
SAIL scouts JV partner for Salem plant
At least two international steel makers have evinced interest in partnering Indian steel major Steel Authority of India for rejuvenating its Salem steel plant.

BIFR clears Rs 34 cr for TIEL
BIFR has sanctioned a Rs 33.94 crore revival package for the sick company Tamil Nadu Industrial Explosives and appointed Industrial Development Bank of India as the monitoring agency.

IDBI to consider cross border financing -- Gupta
The Industrial Development Bank of India is considering cross-border investments and may invest in the UAE industrialisation plans as part of the process, IDBI chairman and managing director G P Gupta said.

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