Prime minister to honour city-based public sector unit

Saturday, March 17, 2007, 13:49 [IST]

Kolkata, Mar 05 (UNI) MSTC Limited, a city-based public sector enterprise will be awarded the 'MOU Excellence Award' for the second time in four years.

MSTC Limited is one of the top ten CPSEs in the country to bag the award.

Prime Minister Manmohan Singh will hand over the award to MSTC Ltd Chairman and Manging Director Malay Sengupta at a special ceremony in New Delhi on March eight.

The company was also the receipient of Mini Ratna award a few years ago, official sources here today informed.

Incidentally,MSTC is a profit earning and high dividend paying company under the Ministry of Steel,the sources added.

UNI

Topics: INDUSTRY-HONOURED-PSE

Other articles published on March 17, 2007

BSF jawan killed in accident

Saturday, March 17, 2007,13:49 [IST]

Agartala, Mar 5 (UNI) A BSF head constable was killed and five other security personnel were injured when a vehicle carrying them overturned in Tripura's Dhalai district yesterday, police today said. The vehicle moving from Raishyabari overturned and caught fire near Dyke no 9 killing head constable Joybir Singh (37) on the spot and injuring five others including an Inspector and driver of the four-wheeler. The injured were admitted to Udaipur Hospital. UNI.....

FM does not cede to industry demand for lowering corporate tax

Saturday, March 17, 2007,13:49 [IST]

New Delhi, Mar 5 (UNI) Not ceding to industry's demand, Finance Minister P Chidambaram today ruled out reduction in the scheduled rate of corporate tax, saying that the effective rate of corporate tax was 19.2 per cent -- lower than any other Asian country. "In no Asian or ASEAN country is the effective rate of corporate tax as low as 19 per cent", Mr Chidambaram said in his address and the Question-Answer Session that followed with members of FICCI......

Limitless Updates

Business News

News Archives

ACCI thanks Lalu for approving rail line survey

Saturday, March 17, 2007,13:49 [IST]

Itanagar, Mar 5 (UNI) Arunachal Chamber of Commerce and Industries(ACCI) has conveyed its gratitude to Railway Minister Lalu Prasad for approving the survey of Tinsukia-Parsuram Kund rail line as pleaded in a memorandum on February 5. ''True to your promise at Chhapra on February 10 that the thrust of the new railway budget would be on improving rail connectivity to far-flung areas including North East, the 2007-08 Railway Budget delighted the people of this neglected region, particularly the land-locked state of.....

Annual Plan at Rs 9,000 crore, Montek pats Delhi CM

Saturday, March 17, 2007,13:50 [IST]

New Delhi, Mar 5 (UNI) The Annual Plan for Delhi was today given a hefty hike of more than 70 per cent for the year 2007-08, with the plan size being fixed at Rs 9,000 crore. Last year Delhi's Annual Plan was of the size of Rs 5,200 crore. The Plan was fixed at a meeting at Yojna Bhavan between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Delhi Chief Minister Sheila Dikshit. Dr Ahluwalia complimented the State government.....

BBMB signs LoI with World Bank for sale of CERs

Saturday, March 17, 2007,13:50 [IST]

Chandigarh, Mar 5 (UNI) Bhakra Beas Management Board (BBMB), a leading hydro power generation and transmission organisation of the country has signed a Letter of Intent with World Bank for the sale of Certified Emission Reductions (CERs). The CERs are expected to be generated through its Renovation, modernisation and upgrading (R, M, and U) programme which would add an additional capacity of 94.44 MW from its power houses at Ganguwal, Kotla and Bhakra Left Bank, a BBMB statement stated here today......