The Indian Express -- Business

Tuesday, July 29 1997

FOREX RATES INDICES STOCK

CAG comes down on PSUs

The Comptroller and Auditor General (CAG) has come down heavily on public sector undertakings for unsatisfactory account keeping. The CAG has invoked the Department of Company Affairs for ensuring compulsory auditing on defaulting firms.

TEC to expand Jojobera unit

Tata Electric Companies (TEC), which has taken over Tata Steel's 67.5 MW power plant at Jojobera in Bihar, is planning to add further generating capacity of 240 MW. The company has already commenced the preliminary work for the expansion.

MoF not to share licence fee with DoT

The Ministry of Finance (MoF) has shot down the Telecom Commission's proposal for retaining 25% share out of the revenues generated from the licence fees of telecom services including basic, cellular and other value added services.

Delay in DoT norms turns VSAT sick

BMC zeroes in on zero garbage drive

123% jump in ICICI net profit

Govt paper gets good response

IRFC raises $150 mn

Shares remain subdued

Outdoor caterers to be taxed

NSE introduces closing session on Tuesdays

RBI extends Re credit