Dabhol says ready to extend conciliation
THE Dabhol Power Company (DPC) has accepted the Finance Ministry's proposal for a two months' extension for the conciliation process. The extension will be effective from June 7.

MSEB unruffled amid power talk
EVEN as officials from various financial institutions and banks split hairs in Singapore on whether to sink or sail with the Dabhol power project, the Maharashtra State Electricity Board (MSEB) is cool about the entire affair.

AI shareholders' pact to be firmed up in two weeks
THE agreement for sale of Government equity in Air India (AI) is to be firmed up within two weeks and will provide the input for certain features of the civil aviation policy, which has now been pending for some time.

Oral controlled release technology -- Ranbaxy arm ties up with Vectura
RANBAXY Laboratories' wholly-owned subsidiary, Ranbaxy Netherlands BV, has entered into a collaboration with Vectura Ltd to develop a novel oral controlled-release technology with potential application for a broad range of pharmaceutical compounds. The t echnology will be patent protected.

Opel Swing launch in July
GENERAL Motors India (GMI), the wholly-owned subsidiary of automobile major General Motors of the US, is planning to launch the station-wagon variant of its current mid-size sedan -- the Opel Corsa -- by mid-July. The new station-wagon variant -- the Ope l Swing -- is being launched with two engine options, a 1.4 litre and a 1.6 litre petrol engine.

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