The Financial Express -- News

Tuesday, August 12 1997

EC re-opens anti-dumping probe into textiles

The European Commission has re-opened probes into the exports of unbleached cotton fabrics from India to European countries, sparking a potential retaliation from the Indian government.

Private banks worm into PSU banks' market share

A new breed of private banks is nibbling away at the market share of large public sector and foreign banks in India, bankers said on Monday.

Clutch Auto to go solo, gears up to face competition

Clutch Auto, the Faridabad-based clutch product manufacturer, has decided to cater to the needs of foreign carmakers in the country without joining hands with any multinational.

MSEB kicks off special purpose vehicle plan for Dabhol stake

Reserve Bank pegs coupon on 8-year paper at 11.19%