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MP plans to put food grain under licence system
Despite having a full-fledged dept and a corporation for PDS

NSE not averse to self-listing: Ravi Narain
The National Stock Exchange (NSE) today said it is not averse to the idea of listing its shares on its own platform.

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Hike excise duty on steel, but in phases
Steel Authority of India Limited (SAIL) chairman Sushil Roongta was in Beijing in October for induction in the hallowed committee of the World Steel Association now chaired by Lakshmi Mittal. Being an astute business diplomat, he made use of the visit to find out what China was going to do with its rapid steel capacity build up and production.
Corporate

Committee begins probe into IOC fire

A committee set by the Petroleum Ministry to probe into the causes of the devastating fire at the IOC depot near here began its inquiry today by visiting the site. - As good corp citizen, we didn"t react to ad campaign: RIL - Oil Min seeks expansion of legal team for gas dispute case - No govt approval to marketing margin on gas: PetroMin - Deora assures CAG access to contractors" books - PM asks OilMin, ONGC to re-examine Barmer refinery proposal - Petroleum Ministry rules out reducing ATF Sensex pares gains; Hindalco up 4% The committee members, accompanied by civil and police authorities, visited the site and surrounding fire affected areas, and talked to people to collect first hand information about the blaze that has been raging for five days now. The committee members include Executive Director of Oil Industry Safety Director (OISD) J P Verma and Rajasthan Petroleum Secretary Govind Sharma. The team has to submit the report within six weeks. Twelve people have been killed in the inferno which started when petrol was being transferred from the depot to a pipeline at the IOC depot in Sitapura industrial area.


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