The Hindu Business Line : Monday, October 27, 2003

Non-availability of counter guarantee and escrow — CLP Power pulls out of Mangalore project
CLP Power has conveyed its intention to pull out of the fast track Mangalore Power Company (MPC) and is on the verge of serving a formal termination notice after waiting for more than three years for a bankable payment security mechanism. ... More

NRI techies ride IT recruitment wave
RECRUITMENT in the technology sector has assumed feverish pitch in most large companies giving a general impression that the recruitment market is going through a bull phase. Large companies - Infosys, Wipro, Satyam, Computer Associates, ... More

Govt in talks with banks on pension delivery mechanism
THE Ministry of Finance has opened up yet another flank in its pension reforms offensive by initiating talks with the banking sector for creating the countrywide framework of points of presence (PoPs) for the proposed new system. The PoPs ... More

Your favourite TV soaps on FM soon!
BORED of listening to the same motley of melodies blaring from your FM sets? There could be some respite with television entertainment software companies looking at radio as a good business opportunity. There are talks of introducing radio soap ... More

`Strong rupee squeezing exporters' margins'
THE appreciation of the rupee against the US dollar is "a bit of concern to our exporters, though the situation is improving now," according to the Commerce Secretary, Mr Dipak Chatterjee. Mr Chatterjee, who is leaving Udyog Bhavan shortly to ... More

TN abolishes private retail trade in liquor
THE Tamil Nadu Government has decided to do away with private retail trade in liquor and grant exclusive privilege of retail vending to the Tamil Nadu State Marketing Corporation, a Government agency, and the co-operatives. The Government has ... More

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Corporate Governance

Iraq Diary