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GOVERNMENT
POLICY
TN to take over co-op liquor outlets
ALL the liquor retail outlets that are being run by co-operative societies in Tamil Nadu are to be taken over by the State Government, according to reliable sources. This follows the Supreme Court's order on Wednesday, which in effect directs ...
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Cos can offer equity against all ECBs
THE Government has permitted Indian companies to issue equity shares against all types of external commercial borrowings (ECBs). Earlier in July, the Government had permitted partial conversion of ECBs for those loans that have already become ...
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Kerala Cabinet rules out power tariff hike
A ROUTINE meeting of the State Cabinet has decided against raising power tariff in the State. Briefing newspersons later, the Chief Minister, Mr A.K. Antony, said the Cabinet instead recommended granting a subsidy of Rs 200 crore to the Kerala ...
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