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Thursday, April 22, 2004

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New project may have 90:10 debt-equity structure — Reliance mulls power at Rs 2 per unit
IN a bid to deliver power at a competitive rate of Rs 2 per unit, Reliance Energy Ltd (REL) is attempting to structure its project on a 90:10 debt-equity structure. This heralds a significant shift from the traditional 70:30 debt-equity norm on ... More

Exit poll results boost Sensex by 71 points
STOCK prices, led by index heavyweights, rose across the board following exit polls after the first phase of the Lok Sabha elections that said the National Democratic Alliance would return to power at the Centre. The Indian entry plans of one of ... More

AI board reviews low-cost carrier plan
THE Air India board, which met here on Wednesday, reviewed the proposal for setting up a low-cost airline. Sources said that the main reason why the proposal was not put through today was that the Election Code of Conduct does not allow for ... More

`Tired' Coke mulls pulling out of Kerala
COCA Cola India (CCI) has indicated that it may consider closing down or relocating its troubled plant at Plachimada near Palakkad in Kerala. The operations of the plant, at the centre of a controversy for alleged misuse of groundwater, have ... More

US chamber clears outsourcing `myths'
IN the name of good economics, politicians, the world over, often play bad politics. And in this, the US is no exception as, with the presidential elections nearing, it is now becoming clear that the backlash against business process outsourcing ... More

`Attrition, absenteeism bug BPO cos'
HIGH rates of attrition and absenteeism are by far the biggest operational challenges faced by Indian third-party business process outsourcing (BPO) vendors. A BPO survey report by the Indo-American Chamber of Commerce and Ernst & Young says ... More

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