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Since 1st March, 1999
 
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Business Briefs

SEZ project delay

New Delhi, Nov. 18: Eleven companies, including Posco-India Pvt Ltd and Raheja SEZ, have sought more time from the government to implement their projects in special economic zones (SEZ). Besides, five promoters, including Maharashtra Industrial Development Corporation, want to surrender their projects. The board of approval will take a decision on these requests on November 23.

Pak trade

Islamabad, Nov. 18: A top Pakistani parliamentary panel has expressed reservations about the government’s move to grant the most-favoured nation (MFN) status to India, with some members claiming that the measure would “destroy” the domestic agriculture sector.

Coal blocks

New Delhi, Nov. 18: After recommending the deallocation of eight blocks alloted to PSUs, the inter-ministerial group is likely to meet tomorrow to decide the fate of 14 more mines allotted to public sector firms.

Reliance gas

New Delhi, Nov. 18: Pitching for market-driven prices for natural gas, Reliance Industries has said it has found very large gas reserves that need a price of more than $10 per million British thermal unit to be developed and produced.


 
 
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