The Hindu Business Line : Friday, September 30, 2005

Indian Airlines gets Cabinet nod for Airbus acquisition
THE almost four-year-long wait of Indian Airlines to acquire 43 Airbus aircraft is finally coming to an end. The Cabinet Committee on Economic Affairs (CCEA) on Thursday cleared the airline's proposal to acquire the aircraft at an estimated price ... More

Wage limit for relief to textile workers hiked
THE Cabinet Committee on Economic Affairs (CCEA) today enhanced the monthly wage limit for the workers of closed textile mills to Rs 3,500, from Rs 2,500 at present, to enable them to receive interim relief under the Textile Workers' ... More

Essar among FDI proposals cleared
THE Essar group's proposal to bring in FDI worth Rs 217.50 crore from the Mauritius-based Hazira Steel 2 into ETHL Global Capital Ltd for making further downstream investments was among 36 FDI proposals approved by the Government today. The ... More

Cabinet okays two oil exploration contracts
THE Cabinet Committee on Economic Affairs (CCEA) today recommended bidders for award of two remaining blocks - one each in Assam and Arunachal Pradesh - under the fifth round of New Exploration Licensing Policy (NELP V). The consortium ... More

Nod for accession to Amended Kyoto Convention
THE Union Cabinet on Thursday approved accession to the Protocol of Amendment to International Convention on Simplification and Harmonisation of Customs Procedures (Amended Kyoto Convention) adopted by World Customs Organisation in 1999. The ... More

Cabinet panel clears revised cost for Tala hydel project
THE Cabinet Committee on Economic Affairs (CCEA) has cleared the revised completion cost of Rs 4,124 crore for the ongoing 1,020 MW Tala hydel project in Bhutan that would supply electricity to India's Eastern Grid. The estimated cost of the ... More

POLITICS

Strike successful in AP: Left
THE trade union bodies affiliated to the Left parties have claimed that the one-day nationwide strike on Thursday in Andhra Pradesh was a total success. The strike call was given to protest against the UPA Government's economic policies and ... More

SECURITY

Navy to invest Rs 1,500 cr in Vizag facilities
THE Eastern Naval Command, headquartered here, is proposing to invest roughly Rs 1,500 crore in the first phase for building up additional facilities in Visakhapatnam district and the State Government is acquiring 3,000 acres in Yelamanchili and ... More

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