Wednesday, February 3, 1999
SAIL to tie up with Enron, BSES
The state-owned Steel Authority of India (SAIL) has shortlisted five companies including Enron and BSES Ltd to partner it in a proposed subsidiary company to operate the steel major's existing power plants.
NTPC defers Euro issue, seeks $ 120 mn loan
National Thermal Power Corporation has deferred its $100 million euro bond issue in the face of adverse market conditions and instead decided to borrow $120 million from foreign banks to part-finance its ongoing projects.
Hindustan Motors, GM to part ways
The C K Birla group, promoters of Hindustan Motors, today withdrew from its joint venture with the US car multinational, General Motors in the face of the Indian company's inability to expand equity on par with the US partner.
|
|
