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Friday, May 23 1997
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European Union shoots down EC move on anti-dumping duty![[Details]](/icons/bullet.gif){kind=icon}
The European Union (EU) has rejected the European Commission's (EC) move to slap modified anti-dumping duty on exports of unbleached cotton grey fabrics from India and five other countries.
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Merial, Alembic Chemical in vet venture talks
Global animal health company, Merial, formed by the merger of Rhone-Poulenc's animal health business with that of Merck's, is set to finalise a joint venture with Baroda-based Alembic Chemical Works Co Ltd.
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Reserve Bank rules out newlending norms for airlines
In a major volte face, the Reserve Bank of India (RBI) has decided not to issue fresh norms for loans to the aviation industry. Earlier, the apex bank had assured airlines that it would formulate new guidelines for more flexibility to commercial banks to grant loans.
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The Group
