THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Friday, January 05, 2001

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Letters

Corporate
Time to act
Inaugurating the 73rd annual session of the FICCI, the Prime Minister, Mr Atal Bihari Vajpayee, advised: ``Industry must change its ways'' (Business Line, December 17). But it is up to the Government to formulate policy changes and introduce modification s in laws to improve the production process, raise quality and productivity and concentrate on research and development so that they are able to compete and sell quality products cheaper and ensure consumer satisfaction.

Director's pay
This refers to the news item `Company Directors pay and allowance' (Business Line, December 28).

Essar clarifies
This refers to the article, ``Measuring risks of fixed-income instruments'' (Business Line, December 24, 2000).


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