Finance Ministry faces hurdles in downsizing
THE Government's move to kickstart the exercise of cutting flab in the Finance Ministry in line with the recommendations of the Expenditure Reforms Commission (ERC) may prove to be only a partial success as one of the Ministry's own wings has opposed any further downsizing.

Rentals prove WLL not `cheap' option: COAI
THE Cellular Operators' Association of India (COAI) has renewed its fight against `limited mobility,' following the recent order of the Telecom Regulatory Authority of India (TRAI), which has fixed the monthly rentals for the service at between Rs 450 an d Rs 550.

TUs threaten nationwide stir
Trade unions, cutting across party lines, have threatened a nation-wide agitation against privatisation, amendments of labour laws and removal of quantitative restrictions (QRs) by the Union Government.

HLL doing a Grameen Bank -- Leverages micro-credit to tap rural market
FAST-MOVING consumer goods (FMCG) major, Hindustan Lever Ltd, is picking up where the Grameen Bank of Bangladesh left off. Leveraging the micro-credit model to expand its rural market, it is piloting `Project Shakti' -- its five-month-old marketing initi ative involving women belonging to micro-credit self-help groups (SHGs) in the Nalgonda district of Andhra Pradesh.

Govt studying market demand, growth -- Take-off may be delayed for new private airlines
SEVERAL private airlines may take time for take-off with the Ministry of Civil Aviation indicating that permission is unlikely to be given to any new players till a clear indication is available about the growth trends in the market.

Boost to industrial growth:
The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee (left), on Sunday met a delegation of the Confederation of Indian Industry, led by its President, Mr Sanjiv Goenka, in Kolkata on Sunday. The Industry Minister, Mr Nirupam Sen, (centre) is also s een.

Page One | Index | Home

Investment World

News Update

Brand Quest

Canvas


Praxis

Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line.