The Hindu Business Line : Tuesday, April 29, 2003

Fresh look at plan for drug authority
THE Government is said to be revisiting a plan to set up a National Drug Authority (NDA), an autonomous regulatory authority, on the lines of the Telecom Regulatory Authority of India (TRAI) or the Insurance Regulatory and Development Authority ... More

Govt may dip into SCI reserves before sell-off
THE Union Government will examine a proposal to take out a part of the cash reserves of Shipping Corporation of India (SCI) through the interim dividend or special dividend route before the company is privatised. The Union Disinvestment ... More

Cabinet to discuss SCI's crude carrier proposal
THE Cabinet, at its meeting tomorrow, will be taking up privatisation-bound Shipping Corporation of India's proposal to purchase two Very Large Crude Carriers (VLCC) for around Rs 650 crore. The Cabinet Committee on Economic Affairs (CCEA) ... More

CII takes Jaswant absence in its stride
IF India Inc was unhappy with the last-minute regrets sent by the Finance Minister, Mr Jaswant Singh, for not being able to attend the inaugural session of the annual general meeting of the Confederation of Indian Industry (CII), the corporates ... More

Net telephony classification causes confusion
MORE than a year after the Government legalised Internet telephony (on April 1, 2002), with 101 licences issued across the country, the service providers are still confused as to whether they are offering "telephony services" or "data ... More

Harkirat Singh opts out of Rabo Bank
MR Harkirat Singh, one of the three promoters of the proposed private sector Rabo Bank, has pulled out of the venture, stating that there is "lack of mutuality of the objective of the bank". The RBI had granted an in-principle approval to the ... More

Steps on to tackle pilots' stir: Hussain
WITH a section of Air India (AI) pilots not willing to budge from their stand on not operating flights without an all-clear Severe Acute Respiratory Syndrome (SARS) certification for the crew, the Government has said that it is taking all ... More

Chargesheet filed against 12 Air India pilots
AS the stand-off between the pilots and the management continues, Air India today filed chargesheets against 12 pilots who had been placed earlier under suspension. The suspended pilots have been given 48 hours to reply to the charge sheets. ... More

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