The Hindu Business Line : Friday, February 22, 2002

State guarantees not final word: RBI
The RBI advice assumes significance especially in light of the controversy surrounding the Enron-promoted power project, which has both State and Central Government guarantees. More

Cabinet to clear major labour reforms today
JUST a day after the completion of the last phase of elections to the Uttar Pradesh Assembly, the BJP-led Government at the Centre is set to implement yet another round of big-ticket economic reforms - this time in the politically-sensitive ... More

STD rate cut: BSNL shoots itself in the foot
BHARAT Sanchar Nigam Ltd (BSNL) seems to have unwittingly harmed itself by slashing STD rates in mid-January. The increase in national long distance (NLD) traffic, needed to compensate it for the revenue loss of Rs 3,000 crore in the first six ... More

ADR issue to follow domestic offer for Nalco divestment
THE Union Government is firming up its plan for disinvestment in National Aluminium Company Ltd (Nalco) through a proposed 30 per cent public offer of its equity. The strategy is to go in for a domestic offering first, which will be in the ... More

Tax-free deficit budget in AP
THE Andhra Pradesh Government today presented a tax-free budget for 2002-2003, projecting a deficit of Rs 85.68 crore. Promising to make the budget `interactive', the Finance Minister said allocations of some vital departments had been ... More

Tatas see Narain as their `Sachin'
"HE'S very fast off the grid. And this is perhaps the only chance you'll get to catch up. Join the Tata group." If you are wondering what this is all about, it is the invite to witness the new brand ambassador for the Tata group. The young racing ... More