Online edition of India's National Newspaper
Tuesday, September 30, 2003
Focus on incentivising investments
CHENNAI, SEPT. 29.There is a need to "incentivise'' investment and encourage capital formation in the present situation, whereby there is no shortage of "investible resources'' in the country but only "shortage of investment,'' according to S. ...
SPIC turns potentially sick
CHENNAI, SEPT. 29.Southern Petrochemical Industries Corporation (SPIC) has become a `potentially sick' company following erosion in its net worth by over 50 per cent. Section 23 of the Sick Industrial Companies (Special Provisions) Act, 1985 ...
ONGC to enter petrochem business
NEW DELHI, SEPT. 29. The State-run exploration firm Oil and Natural Gas Corporation (ONGC) is entering into petrochemicals business to evolve as a fully integrated oil company. ONGC, which produces over 25 million tonnes of crude oil annually and ...
Draft gas pipeline policy announced
NEW DELHI, SEPT. 29. The Union Government, as part of its strategy to strengthen and streamline distribution of natural gas across the length and breadth of the country in a safe, efficient and cost effective and economical manner, today came out ...
TVS Motors to make quadricycle autorickshaws
BANGALORE, SEPT. 29. After unveiling plans to make tricycle autorickshaws at its new Nanjangud plant in Mysore, TVS Motor Company is now well into designing a quadricycle, a "four wheeled autorickshaw.'' "The quadricycle project is with our ...
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