Briefly Business: PMO appoints Kamal Nath as new ex-officio member of the Plan panel

PMO appoints Kamal Nath as new ex-officio member of the Plan panel

New Delhi: Prime Minister Manmohan Singh's office has re-constituted the Planning Commission by appointing parliamentary affairs and urban development minister Kamal Nath as the new ex-officio member of the Plan panel in place of rural development minister Jairam Ramesh. "Yes. There is a reconstitution of the Planning Commission. That was done by the Prime Minister's Office", the Commission's deputy chairman Montek Singh Ahluwalia said in reply to a query whether Ramesh has been replaced by Nath as the new ex-officio member of the planning body.

Rail Min to decide on tariff authority

raipur: The Railway Ministry is likely to take a decision soon to set up Rail Tariff Regulatory Authority to suggest tariff hike in passenger and freight fare, MoS for Railways Adhir Ranjan Chowdhury said on Wednesday.

Cos raised $1.35 bn from overseas in Nov

Mumbai: Indian companies raised $1.35 billion from overseas markets in November, down 68 per cent from $4.29 billion raised in the last month.

IIFCL to get new $1.2 bn credit from ADB

kolkata: India Infrastructure Finance Company Limited (IIFCL) has negotiated a second line of credit of $1.2 billion from Asian Development Bank for spending in various sectors, CMD of the company S K Goel said.

UNO MINDA, AMS ink technical license deal

new delhi: Auto components manufacturer, UNO MINDA, and Korean lighting systems firm AMS have entered into a technical license agreement for design, manufacture and sale of automotive lamps.

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