Statesman (India) articles from March 1999

Statesman (India) archives from March 1999

'Star war' over cable power (425).
March 31, 1999... CALCUTTA, March 31. - Another star war seems imminent with the Star TV Network deciding to favour those cable TV operators, who will dare to step out of the RPG Netcom's shoes and pay it directly. The decision is likely to eat into 60 per...

THE STATESMAN (INDIA): LIC wage hike proposal linked to productivity .
March 29, 1999... ARUP RATAN LALA CALCUTTA, March 29. - The Life Insurance Corporation of India (LIC) has proposed a nine per cent across the board wage hike for its workforce and will offer further wage incentives depending on productivity. The nine...

THE STATESMAN (INDIA): Top Japanese MNCs caught in IT net .
March 28, 1999... UNITED NEWS OF INDIA NEW DELHI, March 28. - The Income Tax Department has mopped up a total of Rs 500 crore from about 60 multinationals, mostly Japanese, as a follow-up of its tax evasion detection drive. According to senior...

THE STATESMAN (INDIA): Newsfile: LIC's contribution .
March 28, 1999... CALCUTTA, March 28. - The Life Insurance Corporation's contribution towards the government's share of valuation surplus has increased from Rs 199.87 crore in 1996-97 to Rs 235.70 crore in 1997-98, according to LIC sources. Copyright...

THE STATESMAN (INDIA): IOC signs deal with BRPL .
March 28, 1999... PRESS TRUST OF INDIA NEW DELHI, March 28. - Indian Oil Corporation has entered into a 10-year agreement with Bongaigaon Refinery Limited, for marketing its product range close on the heels of similar tie ups with two other state-owned...

THE STATESMAN (INDIA): Glut of TV channels may lead to mergers .
March 28, 1999... UNITED NEWS OF INDIA NEW DELHI, March 28. - Predicting a glut in the Indian market for satellite television channels, media pundits are now forecasting a period of mergers and collaborative ventures to cope with a growing number of...

THE STATESMAN (INDIA): Channel Surfing: Operation Black Gold .
March 27, 1999... Based on the popular Bengali novel Pichchil by Tathagata Mukhopadhyay, Kala Sona on Zee every Monday revolves around the story of an honest engineer, Shantanu Ray who investigates the case of a missing oil field. A new oil field has been...

THE STATESMAN (INDIA): PIL seeks ban on shows at Taj Mahal complex .
March 25, 1999... PRESS TRUST OF INDIA NEW DELHI, March 25. - In the wake of the recent tragedy at the Taj Mahal during the filming of a television programme, a public interest litigation has been filed in the Supreme Court, seeking a complete ban on...

THE STATESMAN (INDIA): IA, Tamil Nadu to vie for title .
March 25, 1999... AGENCIES HYDERABAD, March 25. - Last year's runners-up Tamil Nadu today set up a title clash with Indian Airlines in the final of the men's Senior National Hockey Championship for the Rangaswami Cup, to be played here tomorrow. A...

36 Telecom staff held (202).
March 25, 1999... CALCUTTA, March 25. - Police arrested 36 members of the Rashtriya Telecom employees Union today when they allegedly gheraoed the chief general manager, Calcutta Telephones. The telecom employees were protesting against the inordinate...

Over 26% foreign equity in insurance likely (214).
March 25, 1999... PRESS TRUST OF INDIA NEW DELHI, March 25. - The Centre may allow multilateral funding agencies like Asian Development Bank to pick up equity in insurance sector over the proposed 26 per cent foreign investment cap for the sector, an ADB...

Dunlop head office in the dark (238).
March 25, 1999... CALCUTTA, March 25. - The two buildings of Dunlop India Limited head office at Mirza Ghalib Street had their power connections cut off yesterday for non-payment of dues to the CESC, even as the Dubai-based Dunlop Chairman, Mr Manu Chhabria,...

Pvt Net providers to get gateways (160).
March 25, 1999... UNITED NEWS OF INDIA CHENNAI, March 25. - Private Internet Service Providers can have their own Internet gateways soon. An application format for the same is being prepared and will be published in the next 45 days, said Mr Dewang...

S R Batliboi unwilling to continue as SWC auditor (515).
March 25, 1999... ARUP RATAN LALA CALCUTTA, March 25. - In an unusual development, S R Batliboi and Company, the chartered accountant firm, has expressed its unwillingness to continue as the statutory auditor of Shaw Wallace and Company Limited. From...

PIL seeks ban on shows at Taj Mahal complex (370).
March 25, 1999... PRESS TRUST OF INDIA NEW DELHI, March 25. - In the wake of the recent tragedy at the Taj Mahal during the filming of a television programme, a public interest litigation has been filed in the Supreme Court, seeking a complete ban on...

IA, Tamil Nadu to vie for title (404).
March 25, 1999... AGENCIES HYDERABAD, March 25. - Last year's runners-up Tamil Nadu today set up a title clash with Indian Airlines in the final of the men's Senior National Hockey Championship for the Rangaswami Cup, to be played here tomorrow. A...

Metro Digest: Helpage India (101).
March 25, 1999... Bank of Baroda has donated Rs 1 lakh to Helpage India for adopting old destitutes living in old age homes. The cheque was handed over by Dr AK Khandelwal, general manager, Bank of Baroda, on Tuesday at a ceremony in the bank's zonal office....

Take over Dunlop, Basu to tell Centre (489).
March 25, 1999... CALCUTTA, March 25. - Mr Jyoti Basu said today that he would soon go to Delhi to persuade the Centre to take over the Dunlop India Limited and entrust the state with the responsibility of running the management of its Sahagunj unit. This...

THE STATESMAN (INDIA): Philips files appeal before Division Bench .
March 24, 1999... CALCUTTA, March 24. - Philips India Limited has filed today an appeal before a Division Bench of Calcutta High Court, against an order restraining the company from giving effect to its agreement with Kitchen Appliances India Limited for the...

THE STATESMAN (INDIA): Indica wants a perfect 10 .
March 24, 1999... MUMBAI, March 24. - Stricter quality control at the Indica production facilities near Pune - lest even an iota of blemish in the final product might harm its reputation - is believed to be the main reason for Telco's rescheduling of its...

THE STATESMAN (INDIA): DoT encashes bank guarantee of Reliance Telecom .
March 24, 1999... PRESS TRUST OF INDIA NEW DELHI, March 24. - The Department of Telecom today encashed the Rs 50-crore bank guarantee of Reliance Telecom Ltd, basic telephone service provider of Gujarat circle, following Delhi High Court's refusal to...

THE STATESMAN (INDIA): LIC and GIC to remain on top slot: FM .
March 24, 1999... NEW DELHI, March 24. - The Finance Minister, Mr Yashwant Sinha, today predicted that the nationalised insurance agencies, the Life Insurance Corporation and the General Insurance Company, would continue to remain No 1 insurance companies in...

THE STATESMAN (INDIA): HLL petition .
March 24, 1999... NEW DELHI, March 24. - The Delhi HC today dismissed a petition by Hindustan Lever Ltd against a Monopolies and Restrictive Trade Practices Commission order restraining the company from claiming that its toothpaste was superior to other...

THE STATESMAN (INDIA): Hockey semis offer mixed fare .
March 24, 1999... AGENCIES HYDERABAD, March 24. - Two contrasting semi-final ties are on the cards here tomorrow in the 59th Senior National Hockey Championship for the Rangaswamy Cup at Begumpet Stadium. Holders Indian Railways are to clash with former...

THE STATESMAN (INDIA): Newsfile: IOC plans .
March 23, 1999... MUMBAI, March 23. - The state-owned Indian Oil Corporation (IOC) has drawn up plans to commission 600 more exclusive 'Servo' shops across the country during the financial year 1999-2000. Copyright 1999: The Statesman. All Rights Reserved.

THE STATESMAN (INDIA): More outside experts for US-64 .
March 23, 1999... PRESS TRUST OF INDIA MUMBAI, March 23. - The Unit Trust of India's board of trustees today approved a proposal to give majority representation to outside experts on the Asset Management Committees of Unit Scheme 1964, equity and income...

THE STATESMAN (INDIA): IDBI bail-out package for steel industry soon .
March 23, 1999... NEW DELHI, March 23. - The Industrial Development Bank of India, has decided to draw up a bail-out package for the steel majors hit by recession at its next meeting to be held in Mumbai on 30 March 1999. This is clear from today's meeting...

THE STATESMAN (INDIA): Railway catering goes corporate .
March 23, 1999... UNITED NEWS OF INDIA NEW DELHI, March 23. - Corporatising the tourism and catering operations of the Indian Railways and renaming Mumbai's Sahar International Airport after Chatrapati Shivaji are among the major decisions taken by the...

THE STATESMAN (INDIA): FCI, Port Trust draw 1-1 .
March 23, 1999... CALCUTTA, March 23. - Food Corporation of India were held 1-1 by Calcutta Port Trust in their second First Division Group A League hockey match at Mohun Bagan ground today. FCI, in their first match, had bagged full points beating Calcutta...

THE STATESMAN (INDIA): Metro Digest: Metro services .
March 22, 1999... Checking assistants of the Metro Railway, all contract employees, forcibly closed ticket counters of the 17 stations on Monday in protest against "non-receipt of pay for the past two months". Passengers travelled without tickets from 2.15...

THE STATESMAN (INDIA): CMC revenue dept blamed for plot amalgamation .
March 22, 1999... CALCUTTA, March 22. ---- The Revenue department of the Calcutta Municipal Corporation has amalgamated two plots clandestinely in south Calcutta flouting a circular issued by the Municipal Commissioner, Mr Asim Barman. The Members,...

THE STATESMAN (INDIA): Newsfile: Colgate-Palmolive .
March 22, 1999... CALCUTTA, March 22. - Colgate-Palmolive (India) Limited has launched its new toothpaste "Colgate Sensation Washing,". Copyright 1999: The Statesman. All Rights Reserved.

THE STATESMAN (INDIA): IT department conducts survey of five companies .
March 22, 1999... CALCUTTA, March 22. - The Income Tax (IT) department has conducted a survey on five major companies in Calcutta recently to assess the default towards payment of taxes in connection with Tax Deducted at Source (TDS). Talking to The...

THE STATESMAN (INDIA): Newsfile: PNB interest .
March 22, 1999... NEW DELHI, March 22. - PNB Housing Finance, a wholly owned subsidary of Punjab National Bank, has reduced interest rates on housing loans for resident and Non Resident Indians, ranging between 0.75 per cent to one per cent. Copyright...

THE STATESMAN (INDIA): Dishnet kick-starts Internet tariff war .
March 22, 1999... PRESS TRUST OF INDIA NEW DELHI, March 22. - Dishnet Limited, promoted by Chennai-based Sterling Group has recently kicked off a fierce battle in Internet access charges by introducing a tariff as low as Rs 10 per hour and said that it...

THE STATESMAN (INDIA): Parekh's resignation,a move towards corporate governance .
March 22, 1999... CALCUTTA, March 22. - The resignation of Mr Deepak S Parekh, chairman of Housing Development Finance Corporation (HDFC), from the board of Philips India Limited last weekend, did not come as a surprise to those who attended the extraordinary...

THE STATESMAN (INDIA): Work temporarily suspended at Tisco Gopalpur project .
March 22, 1999... BHUBANESWAR, March 22. - Delay in clearances at the Central government level coupled with slow progress on the necessary infrastructural facilities have led to the temporary stoppage of work at Tisco's proposed shore based steel plant at...

THE STATESMAN (INDIA): At last, IA to refurbish aircraft .
March 22, 1999... UNITED NEWS OF INDIA HYDERABAD, March 22. -- All Indian Airlines' A-300 and Boeing 737 aircraft will be refurbished by September this year. Four A-300s and a Boeing 737 have already come out of the jet shop and the changes in the...

THE STATESMAN (INDIA): High Court directs Dabhol Co. not to pollute river .
March 22, 1999... PRESS TRUST OF INDIA MUMBAI, March 22. - Bombay High Court has directed Dabhol Power Company to ensure it does not release untreated sewerage in Veldur river which allegedly had been polluted as a result of such discharge. The...

THE STATESMAN (INDIA): Workers blast ECL decision to shut mines .
March 22, 1999... UNITED NEWS OF INDIA RANCHI, March 22. - The Indian National Mine Workers' Federation today demanded the immediate withdrawal of Eastern Coalfields Limited's decision to close 64 coal mines and retrench 72,000 workers. The...

THE STATESMAN (INDIA): Star TV triggers operators' war .
March 22, 1999... BAPPA MAJUMDAR CALCUTTA, March 21. -- Are you missing Saans and Tu Tu Mein Mein and going green with envy because your next door neighbour is still able to watch it? Why the favouritism? Don't blame your cable operator, the culprit is...

THE STATESMAN (INDIA): CMC office ransacked by Trinamul workers .
March 22, 1999... CALCUTTA, March 22 - The Trinamul Congress councillor of ward 33, Mr Pabitra Biswas, and 35 party activists today ransacked the Hatibagan office of the Calcutta Municipal Corporation. Two senior civic officials were beaten up by them. ...

THE STATESMAN (INDIA): DMK backing communal violence, says Vajpayee .
March 21, 1999... AGENCIES TIRUCHIRAPALLI, March 21. - Mr A B Vajpayee today accused the DMK government of supporting fundamentalist violence in Tamil Nadu. The Centre is keeping a close watch on the activities of the ISI and other rebel outfits in...

THE STATESMAN (INDIA): ITI, HTL disinvestment stalled .
March 21, 1999... PRESS TRUST OF INDIA NEW DELHI, March 21. - The Parliamentary Standing Committee on Communications has struck down the Disinvestment Commission's proposal to sell 50 per cent equity of the government-owned Indian Telephone Industries...

THE STATESMAN (INDIA): BIFR suggests merger of Punjab Power with Crompton .
March 21, 1999... PRESS TRUST OF INDIA NEW DELHI, March 21. - The Board for Industrial and Financial Reconstruction has suggested merger of the ailing Punjab Power Generation Machines Limited (PPGM) with the Thapar Group company, Crompton Greaves Limited...

THE STATESMAN (INDIA): Mohun Bagan chief quits key post .
March 21, 1999... CALCUTTA, March 21. - President of the Mohun Bagan Athletic Club, Mr Swapan Sadhan Bose today resigned from the board of directors of the United Mohun Bagan Football Team Private Limited. He will, however, continue to be the president of...

THE STATESMAN (INDIA): Dunlop MD quits, board reconstituted .
March 20, 1999... MUMBAI, March 20. - Dunlop India Limited's board was reconstituted today with the resignation of the Managing Director, Mr P J Rao, and induction of Mr Y C Lumba as Executive Director. According to sources, Mr Rao resigned under pressure...

THE STATESMAN (INDIA): FIPB clears GE Plastics, Citicorp proposals .
March 20, 1999... PRESS TRUST OF INDIA NEW DELHI, March 20. - The Foreign Investment Promotion Board (FIPB) today cleared Foreign Direct Investment (FDI) proposals worth about Rs 680 crore, including those by GE Plastics and Citicorp. The board at its...

THE STATESMAN (INDIA): Railways win .
March 20, 1999... UNITED NEWS OF INDIA CHENNAI, March 20. - Former champions the Indian Railways in the four-team cluster H defeated the Andaman and Nicobar islands 2-0 today in the preliminary league of the Bharat Petroleum Santosh Trophy for the...

THE STATESMAN (INDIA): Newsfile: Ford car trial runs by mid-Nov .
March 19, 1999... CHENNAI, March 19. - The production facilities of Ford India Limited which were inaugurated here today, will make it possible for the company to begin trial runs of its new car by mid-November. The car has been code named C-195. ...

THE STATESMAN (INDIA): Newsfile: MTNL kiosks .
March 19, 1999... NEW DELHI, March 19. - The management of Mahanagar Telephone Nigam Ltd (MTNL) is planning to strengthen its customer care department by setting up screen based information kiosks at MTNL's customer service centres in Delhi and Mumbai by...

THE STATESMAN (INDIA): Newsfile: Crisil rating .
March 19, 1999... MUMBAI, March 19. - The Credit Rating Information Services of India Limited (Crisil) has reaffirmed "FAAA" rating assigned to the fixed deposit programme of Tata Tea Limited. Copyright 1999: The Statesman. All Rights Reserved.

THE STATESMAN (INDIA): Videocon shifts proposed CTV unit from state .
March 17, 1999... PRESS TRUST OF INDIA MUMBAI, March 17. - The Videocon group has decided to manufacture Akai colour televisions (CTVs) at its Aurangabad and Gandhinagar facilities, following the Calcutta High Court's order restraining Philips from going...

THE STATESMAN (INDIA): Newsfile: Pentium III .
March 17, 1999... NEW DELHI, March 17. - Intel Corporation plans to slash the price of its recently-launched Pentium III processor by 20 per cent soon, said Mr Atul Vajayakar, director South Asia. Copyright 1999: The Statesman. All Rights Reserved.

THE STATESMAN (INDIA): Consumer court penalises MTNL for inflated bill .
March 17, 1999... PRESS TRUST OF INDIA NEW DELHI, March 17. - A Delhi Consumer Court has ordered Mahanagar Telephone Nigam Limited (MTNL) to compensate a subscriber for charging excess dues and directed the company to recover the amount from the...

THE STATESMAN (INDIA): No further govt borrowing this fiscal: Talwar .
March 17, 1999... NEW DELHI, March 17. - Mr S P Talwar, Deputy Governor of the Reserve Bank of India, today said that there will not be any government borrowing from the market in the remaining two weeks of this fiscal other than what has already been...

THE STATESMAN (INDIA): India Digest: CMG chairman .
March 17, 1999... NEW DELHI, March 17. - The home ministry today appointed Dr PD Shenoy, an additional secretary in the ministry, as an ex-officio chairman of the Ceasefire Monitoring Group. The group was set up to monitor the ceasefire agreement between the...

THE STATESMAN (INDIA): Dissent notes on IRA Bill .
March 16, 1999... NEW DELHI, March 16. - The Standing Committee on Finance which presented its 15th report on the Insurance Regulatory Authority Bill, 1998 in Parliament today, has four dissent notes attached to it. The dissent notes have come not only from...

THE STATESMAN (INDIA): Newsfile: Tata Chemicals wins tax appeal of Rs 350 crore .
March 16, 1999... MUMBAI, March 16. - Tata Chemicals Limited today won a major tax appeal before the Income Tax Appellate Tribunal, claiming full deduction of interest of Rs 350 crore, resulting in a tax benefit of Rs 200 crore. Copyright 1999: The...

THE STATESMAN (INDIA): High Court stays Philips factory sale .
March 16, 1999... SUBHASISH GUPTA CALCUTTA, March 16. - The move by Philips India Limited to sell its Salt Lake factory to Kitchen Appliances India Limited a unit of Videocon International Limited, has received a blow with Calcutta High Court granting...

THE STATESMAN (INDIA): IBP to sign product exchange pacts .
March 15, 1999... CALCUTTA, March 15. - IBP is trying to reduce its dependence on IOC by adopting product exchange agreements, according to oil industry sources. IBP and BPCL is likely to sign a pact on March 17 for this purpose. Negotiations are going on...

THE STATESMAN (INDIA): Funds allotted to HMC withdrawn .
March 14, 1999... SUBHENDU MAITI CALCUTTA, March 14. - The state government has withdrawn funds allotted to the Howrah Municipal Corporation under the Swarna Jayanti Shahari Rozgar Yojana, a Central government scheme, because the civic body did not submit...

THE STATESMAN (INDIA): Metro Digest: Phone directory .
March 14, 1999... The secretary of the Telephone Services Society in a statement demanded the immediate publication of a new telephone directory by the Calcutta Telephones. He said since a large number of telephones were installed and old numbers changed, the...

THE STATESMAN (INDIA): Railways thrash Andhra Pradesh .
March 14, 1999... UNITED NEWS OF INDIA HYDERABAD, March 14. - Reigning champions Indian Railways trounced Andhra Pradesh 5-1, while formidable Punjab ousted Bihar 5-2 in the senior National Hockey Championship here today. In another match, Uttar Pradesh...

THE STATESMAN (INDIA): Newsfile: Nissan tie-up .
March 13, 1999... TOKYO, March 13. - The troubled Japanese car-maker Nissan Motor Co Ltd is expected to reach a tie-up agreement early next week with Renault SA of France, the daily Copyright 1999: The Statesman. All Rights Reserved.

THE STATESMAN (INDIA): Newsfile: J&K Bank .
March 13, 1999... CALCUTTA, March 13. - The Jammu and Kashmir Bank Limited has decided to maintain interest rates on Domestic Term Deposits, despite the recent cuts in bank rates. Copyright 1999: The Statesman. All Rights Reserved.

THE STATESMAN (INDIA): RBI wants details on defaulters .
March 13, 1999... MUMBAI, March 13. - The Reserve Bank of India today asked commercial banks and financial institutions to furnish all details of wilful defaulters enjoying facilities of Rs 25 lakh and above. The list of defaulters should reflect the...

THE STATESMAN (INDIA): Will Maruti go the Ambassador way .
March 13, 1999... SAUBHIK CHAKRABARTI It's 2005, and after a stormy Lok Sabha debate, the Industry Ministry admits that Maruti Udyog Limited has indeed been referred to the BIFR. Speculation? Yes. Fantasy? No. If competition in the automobile sector...

THE STATESMAN (INDIA): 'World Bank project in MP saving forests at the cost of tribals' .
March 13, 1999... BHOPAL, March 13. - The World Bank aided 800-crore Madhya Pradesh Forestry Project has badly affected tribals living in the forest areas, Mr PV Rajgopal, convener of a social organisation, Ekta Parishad, charged here today. Activists...

THE STATESMAN (INDIA): Metro Digest: IA flight timing .
March 13, 1999... Indian Airlines will change the timing of its Calcutta-Mumbai morning Airbus-300 flight from 15 March to 28 March. The flight IC-676 will leave Calcutta at 7.15 a.m. instead of 6.30 a.m., an Indian Airlines spokesman said on Saturday. ...

THE STATESMAN (INDIA): Newsfile: New IBM servers .
March 12, 1999... BANGALORE, March 12. - IBM announced today a new powerful line of AS/400 servers for E-business and key solutions like supply chain management and business intelligence. Copyright 1999: The Statesman. All Rights Reserved.

THE STATESMAN (INDIA): Newsfile: HDFC rates reduced .
March 12, 1999... MUMBAI, March. 12. - Housing Development Finance Corporation today reduced interest rates on housing by 0.5 per cent to one per cent on all loan slabs above Rs 10,000, with effect from 15 March 1999. Copyright 1999: The Statesman. All...

THE STATESMAN (INDIA): 'Infosys listing just a beginning' .
March 12, 1999... AGENCIES NEW DELHI, March 12. - Buoyed by the encouraging response to Infosys Technologies' American Depository Receipt at the Nasdaq, 10 more Indian software companies would be listed on overseas stock exchanges over the next two years....

THE STATESMAN (INDIA): BIFR seeks cause for permitting sale of CCI units .
March 12, 1999... UNITED NEWS OF INDIA NEW DELHI, March 12. - The Board of Industrial and Financial Reconstruction has sought an explanation from the Union Heavy Industry Secretary for allowing the sale of three profitable units of the state-owned Cement...

THE STATESMAN (INDIA): Wembley is sold for 103m .
March 12, 1999... ASRIAN LEE & JOHN GOODBODY THE TIMES, LONDON LONDON, March 12. - Wembley Stadium was sold yesterday for 103 million to a consortium backed by the Football Association. The ground, with its famous Twin Towers, will be demolished and...

THE STATESMAN (INDIA): Centre unveils oil, gas package for West Bengal .
March 12, 1999... NEW DELHI, March 12. - The minister for petroleum and natural gas, Mr VK Ramamurthy, today unveiled a package for the development of the oil sector in West Bengal. The programme, set to be given shape over the next three years, includes a...

THE STATESMAN (INDIA): Swimming pool on Hooghly .
March 8, 1999... CALCUTTA, March 8. - The Calcutta Municipal Corporation has decided to build Asia's first swimming pool in running water in the Hooghly. The pool is scheduled to be built at the Ahiritola bathing ghat. The project was scheduled to be...

THE STATESMAN (INDIA): Sail submits revival proposal .
March 8, 1999... NEW DELHI, March 8. - With losses mounting to Rs 2,056 crore in the last three years - from 1995 to 1998 - the Steel Authority of India Limited (Sail) has submitted a proposal for its financial restructuring to the Centre. The proposal,...

THE STATESMAN (INDIA): Court issues notice to RBI, finance ministry .
March 8, 1999... PRESS TRUST OF INDIA CUTTACK, March 8. - The Orissa High Court has issued notice to the Union Finance Ministry and the Reserve Bank of India, on a writ petition seeking a CBI probe into the alleged multi-crore scam involving a...

THE STATESMAN (INDIA): No lead to Metro 'mayhem' yet .
March 7, 1999... CALCUTTA, March 7. - Police have so far failed to arrest the plain-clothed men who reportedly assaulted commuters, including women, for the alleged ransacking of Metro Rail properties at Esplanade station last evening. Mr D P Rao, the...

THE STATESMAN (INDIA): 38 out of 47 cleared proposals yet to achieve financial closure 35 schemes remain on paper .
March 7, 1999... UNITED NEWS OF INDIA NEW DELHI, Feb. 7. - Thirty-eight out of India's 47 private power projects which have been given techno-economic clearance are yet to achieve financial closure, while 35 have the dubious distinction of being paper...

THE STATESMAN (INDIA): SBI to have double shifts soon .
March 7, 1999... PRESS TRUST OF INDIA NEW DELHI, March 7. - State Bank of India is moving towards double shift banking soon in the face of mounting competition from private and foreign banks. "We are moving towards double shifts soon and have...

THE STATESMAN (INDIA): Newsfile: GM plan .
March 7, 1999... CALCUTTA, March 7. - General Motors India is planning to launch the much-awaited Opel Corsa by the end of 1999 to compete at the premium end of the lower mid-size segment of the automotive industry. Copyright(C) 1999 The Statesman

THE STATESMAN (INDIA): ECL lay-off fears allayed .
March 6, 1999... CALCUTTA. March 6. - The coal ministry has been instructed by the Prime Minister's office to direct Eastern Coalfields Limited not to retrench any worker provided trade unions cooperate with the management in increasing productivity and...