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Naik
pegs Rs 30,000-crore investment for improving fuel efficiency
New Delhi: Indian refineries will have to invest
around Rs 30,000 crore to upgrade the fuel quality.
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SCI
to give info on LNG ventures to bidders
New Delhi: The Shipping Corporation of India has
agreed to its bidders’ demand of providing access
to the information regarding its liquefied natural gas
shipping ventures.
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Ireland
exploring alliances in IT
New Delhi: An Irish delegation, headed by minister
for international trade Michael Ahern, on a six-day visit
to India, is exploring possibilities of tying up with
Indian information technology companies for making in-roads
into the Asian market.
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DGFT
issues new import procedures
New Delhi: The director-general of foreign trade
has issued a notification prescribing the procedure for
imports of milk powder, maize, crude sunflower or safflower
oil, refined rapeseed, and colza mustard oil at a concessional
duty under the tariff rate quota mechanism.
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Working
group wants 150% more duty on imported liquor
New Delhi: A joint working group of the ministries
of food processing, industry and finance has recommended
imposition of an additional 150 per cent duty on alcoholic
beverages priced up to $10 per case to safeguard the domestic
industry.
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MoD
sticks to its guns: stresses strategic sale is best option
New Delhi: In its reply to the objections raised
by the ministry of heavy industries regarding the current
divestment process, the ministry of disinvestment has
said the current policy of strategic sale is best suited
for the country’s interests.
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Vajpayee’s
tough talk has Uma yielding too
New Delhi: Prime Minister Atal Bihari Vajpayee’s
tough talk on speeding up selloff of public sector undertakings
seems to have started working.
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15
firms shortlisted for Nalco divestment
New Delhi: The government has shortlisted 15 bidders,
including a number of foreign majors and Sterlite Industries
and Hindalco, for the strategic sale of National Aluminium
Company.
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