The Hindu Business Line : Thursday, April 03, 2003

i-flex arm CEO released on bail
In a release issued here, i-flex said, " ... Mr Senthil Kumar is an executive of high personal and professional integrity. As such, the past week has clearly been difficult and distressing for Mr Kumar, his family and all involved with i-flex ... More

Top management recast at BPL group
THE domestic consumer durables major, BPL Group, which is in the midst of a major debt and equity revamp, has rejigged its top management force. The Rs 4,000-crore group has inducted Mr M. Sasi on the board of the flagship company, BPL Ltd. Mr ... More

RBI gets tough on `clean-note policy'
THE Reserve Bank of India (RBI) has decided to get tough with banks, which do not comply with its `clean-note policy'. Though most banks have already started implementing RBI's directive, there are a few facing resistance from employees' ... More

Pvt airlines may continue ground handling activity
IN a move that could pave the way for the existing private sector airlines to continue doing their own ground-handling activities, the Ministry of Civil Aviation plans to seek clarification from the Ministry of Home Affairs on this issue. The ... More

PPN defaults on debt repayment
PPN Power Generating Co Ltd, which runs a 330 MW combined cycle power plant at Pillaiperumalnallur in Tamil Nadu, has defaulted on repaying an instalment of debt, which is due for the quarter ending March 31. The Tamil Nadu Electricity Board ... More

CLB nullifies crucial Dabhol board decision
THE Company Law Board (CLB) on Wednesday declared all the decisions taken by the Board of Dabhol Power Company (DPC) on June 4, 2002, as null and void. This means that the board's decision to reactivate the arbitration proceedings against the ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line